Trinity Health Corporation

What it reported doing in 2024

Trinity health corporation's purpose is to govern, manage, and provide administrative services to its subsidiaries, which include hospital organizations exempt under section 501(c)(3) that provide needed health care services to the communities in which they are located. The services provided by trinity health corporation allow for economies of scale that in turn permit the subsidiaries to provide health care services to patients at a reasonable cost. Trinity health corporation and its subsidiaries are collectively known as trinity health.trinity health is one of the largest catholic health care delivery systems in the country. Trinity health's community health & well-being (chwb) strategy promotes optimal health for people experiencing poverty and other vulnerabilities in the communities we serve - emphasizing the necessity to integrate clinical and social care. Trinity health chwb teams lead the development and implementation of triennial community health needs assessments (chna) and implementation strategies with intentional focus on engaging communities and residents experiencing poverty and other vulnerabilities. To further our commitment to achieving health equity and the common good, the chna and implementation strategies foster collective action to equitably allocate resources from the hospital and other sources to address these needs in communities most impacted. Trinity health and its member hospitals are committed to the delivery of people-centered care and serving as a compassionate and transforming healing presence within the communities we serve. As a not-for-profit health system, trinity health reinvests its profits back into the communities and is committed to addressing the unique needs of each community. In fiscal year 2025 (fy25), trinity health contributed nearly $1.4 billion in IRS-defined community benefit spending to aid those who are experiencing poverty and other vulnerabilities, and to improve the health status of the communities in which we serve. Trinity health furthered its commitment through an additional $1.5 billion in programs and initiatives that impact our communities - yielding a total community impact of $2.9 billion in fy25.trinity health's community investing program finished fy25 with more than $68 million committed to building vital community resources. These funds, in collaboration with 30 partners, were paired with other resources to generate more than $1.1 billion in investments that served communities within trinity health's service areas. Between 2018 and april 2025, these investments have been instrumental in creating much-needed community resources for the people that we serve, notably:- supported the creation of 15,700 units of affordable housing over the last eight years (including approximately 380 supportive housing beds).- created or retained at least 1,300 childcare slots; 7,600 k-high school education slots; and 2,400 early childhood education slots.- developed at least 9.3 million square feet of general real estate over the last eight years.- since 2014, 920 students have received $2.65 million in scholarships through the fresno state and boise state scholarships funds.- approximately 12,900 full- and part-time positions have been either created or maintained through partner lending. In fy25, over one million patients system-wide were screened for health-related social needs at their doctor's office. Of those screened, 27.4% identified at least one need and most often identified food access, financial insecurity and social isolation. An additional 137,000 patients were screened for social needs during an in-patient hospital stay where top needs included food access, transportation and housing.trinity health's electronic health record (epic) includes a standard screening tool for patient social needs, and an integrated community resource directory through findhelp to connect patients to free and reduced cost support programs. The community resource directory yielded over 11

Financial Efficiency

• Mission deployment rate: 90.6%; rating input score 91
• Program expense ratio: 97.7%; rating input score 98
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
• Pay-setting controls: 6 of 6 controls in place; rating input score 100
  • Compensation committee: Pass
  • Independent consultant: Pass
  • Other Form 990s reviewed: Pass
  • Written employment contract: Pass
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Scored; rating input score 0
• Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 93.3%; rating input score 93; 44th percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 5.3%; rating input score 58; 58th percentile among comparable filings
• Total-asset coverage ratio: 5.54; rating input score 86; 86th percentile among comparable filings
• Liabilities to assets ratio: 0.63; rating input score 27; 27th percentile among comparable filings
• Officer compensation ratio: 1.2%; rating input score 71; 71st percentile among comparable filings

Growth

• Program expense growth: 8% per year; rating input score 100; 64th percentile among comparable filings
• Revenue growth: 8.9% per year; rating input score 100; 72nd percentile among comparable filings
• Asset growth: 5% per year; rating input score 100; 36th percentile among comparable filings