Newark, NJ
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)New Community Health Care Inc, founded in 1983, is a community nonprofit in the Health Care sector that reported $9.2M in total revenue in fiscal year 2023. Expenses of $10.5M exceeded revenue, resulting in a 14% operating deficit.
THE ORGANIZATION OVERSEES THE OPERATIONS OF A 180-BED EXTENDED HEALTH CARE FACILITY LOCATED IN NEWARK, NJ
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $9,203,763 | $9,573,189 | 0.0% |
| Expenses | $10,524,497 | $10,702,283 | 0.0% |
| Net Income | $-1,320,734 | $-1,129,094 | +0.2% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| SIMONE GAGNERONE | CEO | 1.0 |
Officer
|
$0 | $7,693 | $283,023 |
| ELIZABETH MBAKAYA | CFO | 1.0 |
Officer
|
$0 | $0 | $174,498 |
| VERONICA ONWUNAKA | NURSING ADMINISTRATOR | 40.0 |
Highest
|
$137,900 | $0 | $137,900 |
| Fred Hunter | COO | 1.0 |
Officer
|
$0 | $3,000 | $130,833 |
| Richard Rorhman | CEO - Former | 1.0 |
|
$0 | $0 | $122,193 |
| DEBBIE OGUNDELE FOLUKE | NURSING DIRECTOR | 40.0 |
Highest
|
$116,690 | $0 | $116,690 |
| WINTON TOLLES | DIRECTOR OF R/E Development | 1.0 |
Officer
|
$0 | $0 | $66,365 |
| Madge Wilson | Board Member | 1.0 |
Director
|
$0 | $3,720 | $59,408 |
| DIANE JOHNSON | BOARD MEMBER | 1.0 |
Director
|
$0 | $0 | $1,800 |
| Edgar Nemorin | Treasurer | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| Newton m Richards | Secretary | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| Barry Baker | Board Member | 1.0 |
Director
|
$0 | $0 | $0 |
| MIGDALIA MARTINEZ | Board Member | 1.0 |
Director
|
$0 | $0 | $0 |
| DR Zachary Yamba | PRESIDENT | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| FERDANDO COLON | BOARD MEMBER | 1.0 |
Director
|
$0 | $0 | $0 |
| ANTHONY MARCHETTA | BOARD MEMBER | 1.0 |
Director
|
$0 | $0 | $0 |
| JEROME ST JOHN | BOARD MEMBER | 1.0 |
Director
|
$0 | $0 | $0 |
| INGRID RASMUSSEN | BOARD MEMBER | 1.0 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $9,203,763 | $10,524,497 | $1,934,712 | $-1,320,734 |
| 2022 | $9,573,189 | $10,702,283 | $3,027,384 | $-1,129,094 |
| 2021 | $10,209,644 | $9,762,094 | $1,817,997 | $447,550 |
| 2021 | $9,856,423 | $9,762,094 | $1,817,997 | $94,329 |
| 2020 | $10,465,327 | $10,855,346 | $2,691,087 | $-390,019 |
| 2019 | $11,505,192 | $11,643,638 | $2,126,321 | $-138,446 |
| 2018 | $10,859,963 | $11,510,182 | $2,025,804 | $-650,219 |
Compare New Community Health Care Inc with other nonprofits in New Jersey and across the country.