Healthcare Ventures Alliance LLC DBA HVA Senior Living Alliance LLC (EIN 232877142) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1997

Legal Domicile

Principal Officer

Gary Seib

Phone

8148331609

Tax Period

2024-01-01 to 2024-12-31

Healthcare Ventures Alliance LLC DBA HVA Senior Living Alliance LLC, founded in 1997, is a small nonprofit in the Health Care sector that reported $514K in total revenue in fiscal year 2024. Expenses of $626K exceeded revenue, resulting in a 22% operating deficit.

Mission

HVA is the regional resource for programs and support services to enhance the quality of care and life for seniors and benefit member organizations. This is accomplished through collaborative, administrative, consulting and support services.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $443,437

Investment Income $523

Other Revenue $69,731

TOTAL REVENUE $513,691

Expense Breakdown

Grants Paid $0

Salaries & Benefits $352,431

Fundraising Expenses $0

Program Expenses $450,342

Other Expenses $273,877

TOTAL EXPENSES $626,308

Year-over-Year Comparison

	2024	2023	Change
Revenue	$513,691	$530,732	0.0%
Expenses	$626,308	$760,890	-0.2%
Net Income	$-112,617	$-230,158	-0.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Bobbie Gray	Director	2.00	Director	$0	$0	$0
Allen Bonace	Director	2.00	Director	$0	$0	$0
Jeff Wieser	Director	2.00	Director	$0	$0	$0
Amy Learn	Director	2.00	Director	$0	$0	$0
Gary Seib	Secretary/Treasurer	2.00	Officer Director	$0	$0	$0
Brian Nageotte	Chairperson	2.00	Officer Director	$0	$0	$0
Sharon Belovarac	Director	2.00	Director	$0	$0	$0
Chris Wright	Vice Chairperson	2.00	Officer Director	$0	$0	$0
Robert Orton	Director	2.00	Director	$0	$0	$0
Kyle Johnson	Director	2.00	Director	$0	$0	$0
Aaron Praetzel	Director	2.00	Director	$0	$0	$0
Greg Bauer	Director	2.00	Director	$0	$0	$0
Dominic Varacallo	Director	2.00	Director	$0	$0	$0
Donny Yankle	Director	2.00	Director	$0	$0	$0
Amber Gowetski	Director	2.00	Director	$0	$0	$0
Lisa Maddy	Director	2.00	Director	$0	$0	$0
Thomas W Erickson	Dir of Clinical Svcs Integ	40.00	Highest	$159,307	$1,249	$160,556

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$513,691	$626,308	$3,926,762	$-112,617
2023	$530,732	$760,890	$3,011,618	$-230,158
2022	$673,645	$1,492,606	$3,396,686	$-818,961
2021	$1,210,063	$1,542,310	$4,419,267	$-332,247
2020	$1,208,775	$1,908,238	$4,650,159	$-699,463
2019	$1,036,813	$999,661	$4,745,085	$37,152
2018	$1,278,050	$1,724,910	$4,422,376	$-446,860

Healthcare Ventures Alliance LLC DBA HVA Senior Living Alliance LLC