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.
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.