RUMFORD, ME
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)RUMFORD COMMUNITY HOME CORPORATION, founded in 1987, is a community nonprofit in the Health Care sector that reported $5.8M in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year. Expenses of $6.9M exceeded revenue, resulting in a 19% operating deficit.
RUMFORD COMMUNITY HOME STRIVES TO PROVIDE ITS RESIDENTS A QUALITY LIFE BY PROVIDING EXCEPTIONAL CARE
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $5,809,954 | $6,634,311 | -0.1% |
| Expenses | $6,937,345 | $7,232,095 | 0.0% |
| Net Income | $-1,127,391 | $-597,784 | +0.9% |
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 |
|---|---|---|---|---|---|---|
| RICHARD LOVEJOY | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BARBARA BELANGER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DEVORE CULVER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOLAN IPPOLITO | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JANET KOSKI | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LINDA PEPIN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| STEVE LITTLESON | PRESIDENT CMMC/CMHC | 3.00 |
Officer
|
$0 | $228,295 | $1,399,269 |
| DAVID PAULOSKY | TREASURER | 3.00 |
Officer
|
$0 | $81,466 | $637,707 |
| ELIZABETH SHEW | SECRETARY | 3.00 |
Officer
|
$0 | $32,754 | $318,128 |
| DEBBIE NASH | RN | 40.00 |
Highest
|
$242,774 | $0 | $242,774 |
| KAREN MELIA | RN | 40.00 |
Highest
|
$173,064 | $0 | $173,064 |
| STEPHANIE BURROWS | ADMINISTRATOR | 55.00 |
Highest
|
$119,306 | $24,799 | $144,105 |
| ROBERT HEIKKINEN | MEDICATION AIDE | 40.00 |
Highest
|
$119,727 | $6,640 | $126,367 |
| HEIDI PERRY | RN | 40.00 |
Highest
|
$101,309 | $7,439 | $108,748 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $5,809,954 | $6,937,345 | $2,525,925 | $-1,127,391 |
| 2023 | $6,634,311 | $7,232,095 | $3,866,327 | $-597,784 |
| 2022 | $5,604,356 | $6,277,492 | $4,209,781 | $-673,136 |
| 2021 | $5,423,127 | $5,354,991 | $5,203,467 | $68,136 |
| 2020 | $5,142,549 | $5,053,121 | $2,667,274 | $89,428 |
| 2019 | $5,361,343 | $4,976,964 | $2,867,791 | $384,379 |
| 2018 | $4,967,116 | $4,795,957 | $2,259,351 | $171,159 |
Compare RUMFORD COMMUNITY HOME CORPORATION with other nonprofits in Maine and across the country.