Mansfield, OH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Mansfield Memorial Homes Inc, founded in 1954, is a community nonprofit in the Health Care sector that reported $5.2M in total revenue in fiscal year 2023. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $6.9M exceeded revenue, resulting in a 33% operating deficit.
Establishing and maintaining a home or otherwise providing for elderly and/or indigent men and women, and acquiring by purchase, lease or otherwise the real property necessary or convenient therefore; constructing, improving, and maintaining buildings thereon; receiving, holding, investing, and disbursing gifts, bequests, and other funds; and doing any and all things necessary and incident thereto.
Geriatric Center is an 84 bed skilled nursing facility, certified for medicare and medicaid, specializing in rehabilitation programs designed to return patients to independent living.
Conard House is an assisted living complex with 25 licensed beds.
Robert Sturges Memorial Home is a 50 unit apartment building designed for elderly and handicapped persons. Assistance is available to those who qualify under HUD.
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 | $5,154,165 | $6,736,236 | -0.2% |
| Expenses | $6,863,587 | $6,206,613 | +0.1% |
| Net Income | $-1,709,422 | $529,623 | -4.2% |
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 |
|---|---|---|---|---|---|---|
| Martin Tremmel | CEO | 40.00 |
Officer
|
$115,000 | $120 | $115,120 |
| John Leech | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Joseph Kurtzman | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Robert Exten | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Kim Foster | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Brian Joyce | Trustee | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Harry Frietchen | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| John J Kastelic | Treasurer | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Ray Loughman | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Ary van Harlingen | President | 0.00 |
Director
|
$0 | $0 | $0 |
| Nick Atterholt | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Michael Kemerer | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2023 | $5,154,165 | $6,863,587 | $5,102,763 | $-1,709,422 |
| 2022 | $6,736,236 | $6,206,613 | $7,240,192 | $529,623 |
| 2021 | $5,465,066 | $6,109,805 | $5,766,283 | $-644,739 |
| 2020 | $6,837,480 | $6,704,551 | $7,072,669 | $132,929 |
| 2019 | $6,499,107 | $7,295,273 | $6,415,641 | $-796,166 |
| 2018 | $6,427,005 | $7,068,842 | $7,116,619 | $-641,837 |
Compare Mansfield Memorial Homes Inc with other nonprofits in Ohio and across the country.