Trinity Health Mid-Atlantic

Legal name: Trinity Health of the Mid-atlantic Region

Nonprofit profile at a glance

EIN
232212638
IRS 990 coverage
2010–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
Newtown Square, PA, USA
Phone
6105676000
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Community Health Systems

Official website

Reported finances

Revenue
$94,274,972
Expenses
$92,410,796
Assets
$268,112,580
Liabilities
$32,066,810

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

31 people listed

Executive titles in this filing

  • JAMES WOODWARD (DIRECTOR, PRESIDENT & CEO THR 1/25)
  • DANIEL BAIR (EXECUTIVE DIRECTOR - ACO THRU 3/25)
  • ANDRE BOYD (DIRECTOR, PRESIDENT & CEO AS OF 1/25)

Highest reported compensation

  • JULIE WASHINGTON (DIR; TRINITY SVP CHIEF MKTG & COMM): $1,817,389 total reported compensation
  • JAMES WOODWARD (DIRECTOR, PRESIDENT & CEO THR 1/25): $1,492,517 total reported compensation
  • SHARON CARNEY MD (SVP & CHIEF MEDICAL OFFICER): $939,563 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Trinity Health Mid-Atlantic is a Catholic health system committed to delivering compassionate, high-quality care across its hospitals and communities.

What it reported doing in 2024

Trinity health of the mid-atlantic region provides oversight and support for its affiliated not-for-profit entities serving a number of diverse communities throughout Delaware, Maryland and Pennsylvania. By providing long-range strategic planning, financial, legal, and other expertise, the system helps its constituent entities achieve their objective of providing state-of-the-art health care services to many segments of the community including those who are traditionally underserved such as the poor and elderly. Please visit our website for additional information: www.trinityhealthma.org

Operating model

Revenue model
Earned-program. 97% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 67
  • Accountability: 76
  • Sustainability: 60
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92%; rating input score 92
  • Program expense ratio: 95.6%; rating input score 96
  • Fundraising efficiency: Limited

Transparency & Controls

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

Accountability

  • Independent voting board: 75%; rating input score 75; 24th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 2%; rating input score 42; 42nd percentile among comparable filings
  • Total-asset coverage ratio: 2.9; rating input score 75; 75th percentile among comparable filings
  • Liabilities to assets ratio: 0.12; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 0.8%; rating input score 77; 77th percentile among comparable filings

Growth

  • Program expense growth: 1.4% per year; rating input score 100; 12th percentile among comparable filings
  • Revenue growth: 1.4% per year; rating input score 100; 10th percentile among comparable filings
  • Asset growth: 5% per year; rating input score 100; 36th percentile among comparable filings

Details

  • What they do: 5 programs and campaigns described on the official site · 3 operating locations identified
  • Where the money goes: 92% of revenue deployed · 95.6% of spending went to programs
  • Governance: 12 of 16 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $88.4M in reported program spending
  • Leadership: top reported pay $1.8M · 31 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $11.1M reported
  • Consistency: 34 of 34 current checks pass
  • Schedules: 6 filed schedules · includes executive pay and related organizations
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 310 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • Moderate — Sustainability: Operating margin scored 42/100.