Faribault, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HealthFinders Collaborative Inc, founded in 2004, is a community nonprofit in the Health Care sector that reported $3.9M in total revenue in fiscal year 2024. Revenue surged 42% from the prior year, signaling strong growth momentum. Expenses of $3.7M left a modest 6% surplus.
Provide quality, accessible, and culturally sensitive healthcare services at no cost to low-income and uninsured residents of greater Rice and Steele counties.
HealthFinders Collaborative Inc (HFC) is a nonprofit community health organization dedicated to providing accessible, quality healthcare services to underserved populations in southeast Minnesota...
HealthFinders Collaborative Inc (HFC) is a nonprofit community health organization dedicated to providing accessible, quality healthcare services to underserved populations in southeast Minnesota. Founded in 2005, HFC offers medical, dental, behavioral health, and wellness services through a patient-centered approach, ensuring equitable care for all, regardless of insurance status or ability to pay. HFC operates community-based clinics, community health and engagement initiatives, and educational programs, partnering with local healthcare providers, volunteers, and community organizations to address both clinical care and the social determinants of health.
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 | $3,909,744 | $2,750,539 | +0.4% |
| Expenses | $3,693,706 | $3,205,277 | +0.2% |
| Net Income | $216,038 | $-454,738 | -1.5% |
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 |
|---|---|---|---|---|---|---|
| Charlie Mandile | Executive Director | 45.00 |
Officer
|
$178,275 | $4,675 | $182,950 |
| Tim Gallagher | Board Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Dawn Tommerdahl | Chair Elect | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Jerry Ehn | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Mark Brown | Former Board Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Ben Cass | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Lynette Dickson | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Rick Miller | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Dr Jerry Appeldoorn | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Brenda Kollar | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Royal Ross | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Stephanie Olson | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Dr Michael Wilcox | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Nicole Strusz-Mueller | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $3,909,744 | $3,693,706 | $3,264,750 | $216,038 |
| 2024 | $2,750,539 | $3,205,277 | $2,950,954 | $-454,738 |
| 2023 | $1,992,912 | $2,806,055 | $2,970,945 | $-813,143 |
| 2022 | $2,924,026 | $2,454,224 | $3,899,984 | $469,802 |
| 2021 | $1,886,372 | $1,879,538 | $3,786,316 | $6,834 |
| 2020 | $2,069,832 | $1,721,707 | $3,592,349 | $348,125 |
| 2019 | $2,783,882 | $1,545,068 | $2,669,772 | $1,238,814 |
| 2018 | $1,256,288 | $1,257,427 | $406,076 | $-1,139 |
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