HOOSICK FALLS, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HOOSICK FALLS HEALTH CENTER INC, founded in 1914, is a community nonprofit in the Health Care sector that reported $7.4M in total revenue in fiscal year 2024. Revenue surged 32% from the prior year, signaling strong growth momentum.
WE ARE AN 82 BED SKILLED NURSING HOME FACILITY PROVIDING 24 HR/7 DAYS A WEEK HEALTH CARE TO THOSE IN NEED IN A HOME LIKE ATMOSPHERE.
HOOSICK FALLS HEALTH CENTER FOCUSES ON DEVELOPING, MANAGING, AND OPERATING NURSING HOME CARE IN THE HOOSICK FALLS, NEW YORK AREA AND PROVIDING SERVICES TO THE COMMUNITY. THE ORGANIZATION SPECIALIZES...
HOOSICK FALLS HEALTH CENTER FOCUSES ON DEVELOPING, MANAGING, AND OPERATING NURSING HOME CARE IN THE HOOSICK FALLS, NEW YORK AREA AND PROVIDING SERVICES TO THE COMMUNITY. THE ORGANIZATION SPECIALIZES IN LONG-TERM CARE AND REHABILITATION SERVICES, AND PROVIDES GREAT NURSING CARE, GOOD FOOD AND FRIENDLY AND HELPFUL PEOPLE, AND A SUPPORTING AND CARING ENVIRONMENT. THE HOOSICK FALLS HEALTH CENTER HAS 82 SKILLED NURSING BEDS. DURING THE YEAR, THE TOTAL PATIENT/RESIDENT DAYS WERE 23,481.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $7,393,748 | $5,583,110 | +0.3% |
| Expenses | $7,990,660 | $8,317,726 | 0.0% |
| Net Income | $-596,912 | $-2,734,616 | -0.8% |
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 |
|---|---|---|---|---|---|---|
| ROBERT LABA | TREASURER & CFO | 1.00 |
Officer
Director
|
$0 | $40,761 | $422,430 |
| GREGORY LAURIN | PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| WILLIAM KOESTER | 1ST VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOYCE DAVIS | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KEVIN DAILEY | DIRECTOR THRU OCT 2024 | 1.00 |
Director
|
$0 | $84,810 | $455,999 |
| BILL COTTRELL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| PATTY RYAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MENACHEM SHEPHERD | SITE ADMINISTRATOR | 40.00 |
Officer
|
$107,681 | $45 | $107,726 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $7,393,748 | $7,990,660 | $5,542,345 | $-596,912 |
| 2023 | $5,583,110 | $8,317,726 | $4,757,573 | $-2,734,616 |
| 2022 | $4,800,922 | $7,130,697 | $4,891,140 | $-2,329,775 |
| 2021 | $6,084,654 | $8,163,100 | $4,877,210 | $-2,078,446 |
| 2020 | $7,126,618 | $8,212,104 | $5,281,403 | $-1,085,486 |
| 2019 | $8,051,041 | $8,325,832 | $6,286,203 | $-274,791 |
| 2018 | $8,776,486 | $8,303,793 | $7,256,497 | $472,693 |
| 2016 | $6,274,819 | $6,597,856 | $3,633,166 | $-323,037 |
Compare HOOSICK FALLS HEALTH CENTER INC with other nonprofits in New York and across the country.