Trinity Health Corporation
98% goes to programs $0 to raise $100 Strong reserves Growing revenue
Trinity Health Corporation is a 501(c)(3) organization based in Livonia, Michigan, registered in 2002, with $2,853,234,591 in FY2023 revenue. CharityIndex grades it A+, and it directs about 98% of spending to programs.
20555 Victor Parkway, Livonia, MI, 48152 EIN 35-1443425 Since 2002
Revenue (FY2023)
$2.9B
▲ 8.5% vs prior year
Health median: $840K
Expenses (FY2023)
$2.7B
Net assets
$5.6B
Employees
9,038
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating98% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Trinity Health Corporation: 98% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating25 mo reserves · +4% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Trinity Health Corporation: 25 mo reserves · +4% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Trinity Health Corporation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Trinity Health Corporation: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To provide health care system management and support
Contact & location
- Address
- 20555 Victor Parkway, Livonia, MI, 48152
- City
- Livonia
- State
- Michigan
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $1.1B (FY2013) to $2.9B (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $10.5BNet assets $5.6B
Operating margin
3.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$16.2B
Total liabilities
$10.5B
Net assets
$5.6B
Salaries & benefits
$1.1B
39% of expenses
Board members
15
14 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $2,853,234,591▲8.5% | $2,749,679,333▲8.6% | $5,630,016,295▲385% | $16,169,866,785▲40.0% | 990 |
| 2022 | $2,630,217,464▲5.6% | $2,531,429,401▲2.2% | $1,159,635,441▲9.2% | $11,546,399,108▲1.4% | 990 |
| 2021 | $2,491,029,159▲5.9% | $2,475,776,191▲13.3% | $1,061,494,024▼23.0% | $11,390,095,796▲0.5% | 990 |
| 2020 | $2,352,321,143▲17.3% | $2,184,622,370▲2.9% | $1,377,858,519▲1458% | $11,337,858,844▼0.8% | 990 |
| 2019 | $2,006,192,061▼2.0% | $2,123,438,643▲5.7% | -$101,460,300▼200% | $11,429,906,388▲13.3% | 990 |
| 2018 | $2,046,287,440▲13.2% | $2,008,161,884▲12.2% | $101,841,391▼72.9% | $10,084,513,697▲0.7% | 990 |
| 2017 | $1,807,721,775▲2.6% | $1,789,136,844▲3.2% | $375,208,895▲349% | $10,015,990,318▲7.0% | 990 |
| 2016 | $1,762,208,901▲18.4% | $1,733,701,259▲10.2% | -$150,790,246▲84.8% | $9,360,629,660▲6.3% | 990 |
| 2015 | $1,488,967,404▲8.2% | $1,573,747,379▲16.0% | -$989,975,347▼222% | $8,807,575,801▲12.7% | 990 |
| 2014 | $1,375,532,583▲29.6% | $1,356,419,341▲24.5% | -$307,239,312▼4624% | $7,818,179,448▲14.5% | 990 |
| 2013 | $1,061,173,384 | $1,089,635,824▲13.7% | $6,791,066▲107% | $6,825,272,667▲33.4% | 990 |
| 2012 | — | $958,166,833▲6.0% | -$96,413,793▼102% | $5,116,721,085▼49.9% | 990 |
| 2011 | — | $904,310,419▲16.3% | $4,850,849,630▼5.2% | $10,212,512,187▲11.5% | 990 |
| 2010 | — | $777,718,406▲13.0% | $5,115,266,444▲21.2% | $9,158,410,236▲7.8% | 990 |
| 2009 | — | $688,324,153 | $4,222,052,917 | $8,499,598,389 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Michael Slubowski — $5,734,950 (0.21% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Michael Slubowski | Director; President & Ceo | 54 | $5,734,950 |
| Benjamin Carter | Evp, Chief Operating Officer | 50 | $2,918,972 |
| Robert Ritz | President & Ceo, Mercyone Iowa | 0 | $2,025,160 |
| Robert Casalou | President & Ceo, Mi and Se Regions | 0 | $1,944,215 |
| Daniel Roth Md | Evp, Chief Clinical Officer | 54 | $1,900,589 |
| Daniel Isacksen Jr | Treasurer; Evp, Cfo | 50 | $1,790,506 |
| Reginald Eadie Md | Svp,physician Enterprise Development | 0 | $1,708,333 |
| Linda Ross | Secretary; Evp, Chief Legal Officer | 51 | $1,636,510 |
| Shawn Vincent | President & Ceo, Il/in Region | 0 | $1,556,222 |
| Edmund Hodge | Evp, Chief Human Resources Officer | 50 | $1,538,281 |
| Lorraine Lutton | Ceo, Mount Carmel Health System | 0 | $1,423,100 |
| Louis Fierens II | Former Key Employee | 0 | $1,007,798 |
| John Capasso | Former Key Employee | 0 | $888,904 |
| Antoinette Pratt | Former Officer | 0 | $546,494 |
| Kimberly Mccarthy | Asst Treas; Vp Fin Reporting & Cao | 49 | $482,710 |
| Joshua Moore | Assistant Sec; Vp Managing Counsel | 49 | $422,370 |
| Ray Anderson Phd | Evp, Chief Strategy Officer At 10/23 | 54 | $160,116 |
| Barrett Hatches Phd | Director; Chair | 8 | $115,000 |
| Larry Warren | Director & Vice Chair Through 12/23 | 8 | $90,000 |
| Rita Brogley | Director | 4 | $90,000 |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Leidos Inc | It Consulting | $39,923,408 |
| Epic Systems Corporation | Software Services | $38,663,034 |
| Microsoft Corp | Software Services | $28,755,427 |
| Healthrise | Revenue Cycle Management Services | $28,634,043 |
| Cloudmed Solutions LLC | Revenue Recovery Services | $23,355,336 |
Grants received · $1.5M total
7 grants to Trinity Health Corporation totaling $1.5M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Community Foundation of St Joseph County Inc | Unrestricted | 2024 | $17,470 |
| American Cancer Society Inc | Patient support | 2022 | $10,000 |
| Community Foundation of St Joseph County Inc | Unrestricted; restricted | 2020 | $15,560 |
| Community Foundation of St Joseph County Inc | Unrestricted, support for care, maintenance and ministries of chapel | 2019 | $14,918 |
| Michigan Health Endowment Fund | Every day counts: improving outcomes at the end of life by helping older patients and oncologists talk about what matters most | 2018 | $460,000 |
| Michigan Health Endowment Fund | Every day counts: improving outcomes at the end of life by helping older patients and oncologists talk about what matters most | 2018 | $460,000 |
| Michigan Health Endowment Fund | E-prescribing aging services through the electronic medical record | 2017 | $482,860 |
Grants made · $8.0M in FY2023
17 grants totaling $8.0M in FY2023 — showing the 15 largest. All grants made by Trinity Health Corporation →
| Recipient | Purpose | Amount |
|---|---|---|
| Civica Foundation | Community welfare | $2,500,000 |
| Trinity Health-michigan | Transforming comm, safety, & community grants & support for mercy primary care | $2,481,254 |
| Global Health Ministry | Community welfare | $500,004 |
| Saint Francis Hospital and Medical Center | Community welfare - transforming communities & safety grants | $446,719 |
| Saint Marys Hospital Inc | Community welfare - transforming communities initiative grant | $390,900 |
| St Francis Hospital Inc | Community welfare - transforming communities initiative & community grants | $317,364 |
| The Mercy Hospital Inc | Community welfare - transforming communities initiative grant | $290,847 |
| Holy Cross Hospital Inc | Community welfare - transforming communities initiative & community grants | $255,000 |
| Nazareth Hospital | Community welfare - transforming communities initiative & community grants | $214,255 |
| Saint Agnes Medical Center | Community welfare - transforming communities initiative & community grants | $211,000 |
| Healthcare Anchor Network Inc | Community welfare | $172,500 |
| Trinity Continuing Care Services | Community welfare - safety grant | $120,932 |
| St Mary Medical Center | Community welfare - safety and community grants | $28,417 |
| Trinity Home Health Services | Community welfare - safety grant | $25,630 |
| Loyola University Medical Center | Community welfare - safety grant | $17,000 |
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Frequently asked questions
- Is Trinity Health Corporation a legitimate nonprofit?
- Yes. Trinity Health Corporation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 35-1443425, based in Livonia, Michigan. Donations are tax-deductible.
- What is Trinity Health Corporation's EIN?
- Trinity Health Corporation's Employer Identification Number (EIN) is 35-1443425.
- How much revenue does Trinity Health Corporation report?
- Trinity Health Corporation reported $2,853,234,591 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Trinity Health Corporation's spending goes to programs?
- Trinity Health Corporation spends about 98% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Trinity Health Corporation have?
- CharityIndex grades Trinity Health Corporation A+, based on program efficiency and fundraising cost.
- How much does Trinity Health Corporation's highest-paid employee make?
- The highest reported compensation on Trinity Health Corporation's latest Form 990 is $5,734,950, paid to Michael Slubowski (Director; President & Ceo).
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Data for Trinity Health Corporation (EIN 35-1443425) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.