ERIE, PA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MEDICAL ASSOCIATES OF ERIE, founded in 2004, is a mid-sized nonprofit in the Health Care sector that reported $12.1M in total revenue in fiscal year 2022. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $14.3M exceeded revenue, resulting in a 18% operating deficit.
TO SERVE THE COMMUNITY AS PART OF AN INTEGRATED DELIVERY SYSTEM OF HEALTHCARE SERVICES TO PREDOMINANTLY LOW INCOME PATIENTS IN CONJUNCTION WITH PROVIDING A TEACHING ENVIRONMENT FOR PHYSICIANS, RESIDENTS, INTERNS AND FELLOWS FOR LAKE ERIE COLLEGE OF OSTEOPATHIC MEDICINE.
SERVED THE LOCAL COMMUNITY AS PART OF AN INTEGRATED DELIVERY SYSTEM FOR HEALTHCARE TO PREDOMINANTLY LOW INCOME PATIENTS. APPROXIMATE NUMBER OF PATIENT VISITS TOTALED 45,560 FOR THE YEAR ENDED JUNE...
SERVED THE LOCAL COMMUNITY AS PART OF AN INTEGRATED DELIVERY SYSTEM FOR HEALTHCARE TO PREDOMINANTLY LOW INCOME PATIENTS. APPROXIMATE NUMBER OF PATIENT VISITS TOTALED 45,560 FOR THE YEAR ENDED JUNE 30, 2023.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $12,139,147 | $17,200,515 | -0.3% |
| Expenses | $14,271,638 | $16,985,976 | -0.2% |
| Net Income | $-2,132,491 | $214,539 | -10.9% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JOHN M FERRETTI DO | CHAIRMAN | 5.00 |
Officer
Director
|
$0 | $30,818 | $1,362,384 |
| MARY L ECKERT | SECRETARY | 1.00 |
Officer
Director
|
$0 | $27,033 | $713,020 |
| RICHARD P OLINGER | TREASURER | 1.00 |
Officer
Director
|
$0 | $17,511 | $124,240 |
| ANTHONY JON FERRETTI DO | TRUSTEE/PHYSICIAN | 49.00 |
Director
|
$558,959 | $43,993 | $656,481 |
| ARMANDO RICCI DO | TRUSTEE/PHYSICIAN | 50.00 |
Director
|
$190,643 | $32,390 | $223,033 |
| JASON DILEY | TRUSTEE/VP OF AFFILIATED SERVICES | 50.00 |
Director
|
$341,221 | $44,217 | $385,438 |
| HOWARD MILLER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| STEVEN G INMAN CPA CGMA | VP FISCAL AFFAIRS/CFO | 1.00 |
Officer
|
$0 | $30,376 | $362,506 |
| SILVIA M FERRETTI DO | PROVOST/VP OF ACADEMICS | 1.00 |
Officer
|
$0 | $30,818 | $1,560,918 |
| SHAWN STORM DO | PHYSICIAN | 50.00 |
Highest
|
$512,539 | $26,162 | $538,701 |
| BRIAN VIVIANO DO | PHYSICIAN | 50.00 |
Highest
|
$511,466 | $43,993 | $555,459 |
| JOSHUA TUCK DO | PHYSICIAN | 50.00 |
Highest
|
$632,453 | $43,993 | $676,446 |
| LORI DULABON DO | PHYSICIAN | 50.00 |
Highest
|
$544,670 | $43,805 | $588,475 |
| DANIELLE HANSEN DO | PHYSICIAN | 50.00 |
Highest
|
$443,025 | $41,549 | $585,574 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $12,139,147 | $14,271,638 | $9,500,912 | $-2,132,491 |
| 2022 | $17,200,515 | $16,985,976 | $11,469,973 | $214,539 |
| 2021 | $16,733,859 | $17,359,332 | $13,349,098 | $-625,473 |
| 2020 | $15,281,858 | $25,733,932 | $8,928,647 | $-10,452,074 |
| 2019 | $15,577,632 | $23,775,374 | $9,102,635 | $-8,197,742 |
| 2018 | $15,979,408 | $23,561,993 | $7,438,827 | $-7,582,585 |
Compare MEDICAL ASSOCIATES OF ERIE with other nonprofits in Pennsylvania and across the country.