WEST LAFAYETTE, IN
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Sign In — Free (10 views/day)NORTH CENTRAL HEALTH SERVICES INC, founded in 1984, is a community nonprofit in the Health Care sector that reported $7.7M in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $28.3M exceeded revenue, resulting in a 268% operating deficit.
THE ORGANIZATION IS COMMITTED TO ADVANCING AND PROVIDING HEALTH CARE FOR THE BENEFIT OF THE CITIZENS OF ITS EIGHT COUNTY SERVICE AREA. CONTINUE ON SCHEDULE O:THROUGH THE SUPPORT OF TECHNOLOGICAL AND SCIENTIFIC ADVANCEMENT, EDUCATION, QUALITY OF LIFE, AND HUMANITARIAN COMMUNITY SERVICES, NCHS WILL STRIVE TO PROMOTE A HEALTHY COMMUNITY FOR ALL AREA RESIDENTS.
RIVER BEND HOSPITAL IS A LICENSED INPATIENT PSYCHIATRIC HOSPITAL PROVIDING ACUTE INPATIENT PSYCHIATRIC CARE TO THE ADULT POPULATION OF MID-NORTH INDIANA. CARE IS PROVIDED WITHOUT CHARGE OR AT AMOUNTS...
RIVER BEND HOSPITAL IS A LICENSED INPATIENT PSYCHIATRIC HOSPITAL PROVIDING ACUTE INPATIENT PSYCHIATRIC CARE TO THE ADULT POPULATION OF MID-NORTH INDIANA. CARE IS PROVIDED WITHOUT CHARGE OR AT AMOUNTS LESS THAN ESTABLISHED RATES TO PATIENTS WHO MEET CERTAIN CRITERIA UNDER THE HOSPITAL'S CHARITY CARE POLICY. BECAUSE THE ORGANIZATION DOES NOT COLLECT AMOUNTS DEEMED TO BE CHARITY CARE, THE AMOUNTS ARE NOT REPORTED AS REVENUE. OF THE ORGANIZATION'S TOTAL HEALTH CARE SERVICES EXPENSE REPORTED, AN ESTIMATED $753,000 (AT COST) AROSE FROM PROVIDING SERVICES TO CHARITY PATIENTS DURING THE YEAR ENDED DECEMBER 31, 2024. [CONTINUED ON SCHEDULE O]THE ESTIMATED COSTS OF PROVIDING CHARITY SERVICES ARE BASED ON A CALCULATION WHICH APPLIES A RATIO OF COSTS TO CHARGES TO THE GROSS UNCOMPENSATED CHARGES ASSOCIATED WITH PROVIDING CARE TO CHARITY PATIENTS. THE RATIO OF COST TO CHARGES, CALCULATED USING THE IRS GUIDELINES, IS 7% FOR THE YEAR ENDED DECEMBER 31, 2024.IN 2014, THE STATE OF INDIANA IMPLEMENTED HIP 2.0 WHICH EXPANDED THE EXISTING MEDICAID PROGRAM. AS A RESULT OF THIS EXPANSION, A GREATER NUMBER OF PATIENTS QUALIFIED FOR HIP 2.0 WHICH REDUCED SIGNIFICANTLY THE ORGANIZATION CHARITY CARE AND BAD DEBT EXPENSE IN THE YEARS SINCE THE EXPANSION.
NORTH CENTRAL HEALTH SERVICES IS COMMITTED TO ADDRESSING A WIDE RANGE OF HEALTH ISSUES AND ENHANCING THE QUALITY OF LIFE FOR INDIVIDUALS, FAMILIES, AND COMMUNITIES IN THE EIGHT COUNTIES OF THE...
NORTH CENTRAL HEALTH SERVICES IS COMMITTED TO ADDRESSING A WIDE RANGE OF HEALTH ISSUES AND ENHANCING THE QUALITY OF LIFE FOR INDIVIDUALS, FAMILIES, AND COMMUNITIES IN THE EIGHT COUNTIES OF THE GREATER LAFAYETTE AREA. NCHS MAKES FINANCIAL GRANTS TO QUALIFIED NOT-FOR-PROFIT ORGANIZATIONS THAT SHARE ITS VISION AND CAN DEMONSTRATE THE CAPABILITY AND ORGANIZATIONAL STRENGTH TO SUCCEED WITH THEIR PROGRAMS AND CLIENT SERVICES IN AN EFFICIENT AND COST-CONSCIENTIOUS MANNER.
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 | $7,689,115 | $9,738,848 | -0.2% |
| Expenses | $28,273,033 | $16,629,352 | +0.7% |
| Net Income | $-20,583,918 | $-6,890,504 | +2.0% |
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 |
|---|---|---|---|---|---|---|
| JAMES SCHOEN | CHAIRMAN | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAVID MCGAUGHEY | VICE CHAIRMAN | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAVID COOPER | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JEFFREY P BROWN MD | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| RICK DAVIS | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| GARY LEHMAN | BOARD MEMBER (END 1/2024) | 2.00 |
Director
|
$0 | $0 | $0 |
| LORI ROGERS MD | BOARD MEMBER (END 1/2024) | 2.00 |
Director
|
$0 | $0 | $0 |
| ALYSA ROLLOCK | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| STEPHANIE LONG | PRESIDENT/CEO | 40.00 |
Officer
Director
|
$363,132 | $101,838 | $464,970 |
| TIM WERTH | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| JAMIE SEGO | CFO | 40.00 |
Officer
|
$192,754 | $77,665 | $270,419 |
| MICHELLE KREINBROOK | GRANTS DIRECTOR | 40.00 |
Highest
|
$128,669 | $69,485 | $198,154 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $7,689,115 | $28,273,033 | $539,641,767 | $-20,583,918 |
| 2023 | $9,738,848 | $16,629,352 | $500,645,250 | $-6,890,504 |
| 2022 | $6,223,974 | $17,446,657 | $460,736,412 | $-11,222,683 |
| 2021 | $65,454,732 | $14,494,198 | $519,937,079 | $50,960,534 |
| 2020 | $22,726,342 | $12,687,514 | $481,490,270 | $10,038,828 |
| 2019 | $28,263,842 | $13,269,907 | $448,938,648 | $14,993,935 |
| 2018 | $24,364,482 | $19,961,368 | $399,058,648 | $4,403,114 |
Compare NORTH CENTRAL HEALTH SERVICES INC with other nonprofits in Indiana and across the country.