ASHTABULA COUNTY MEDICAL CENTER FOUNDATION

EIN: 341392784 501(c)(3) Health Care

ASHTABULA, OH

Total Revenue
$2,658,556
Total Expenses
$275,557
Total Assets
$9,118,315
Net Assets
$8,598,589
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

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)

Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
OH
Principal Officer
LEONARD STEPP
Phone
4409972262
Tax Period
2023-01-01 to 2023-12-31

ASHTABULA COUNTY MEDICAL CENTER FOUNDATION, founded in 1983, is a community nonprofit in the Health Care sector that reported $2.7M in total revenue in fiscal year 2023. Revenue surged 908% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.4M, a strong 90% operating margin.

Mission

RAISE AND ADMINISTER CHARITABLE GIFTS THAT SUPPORT THE MISSION OF ASHTABULA COUNTY MEDICAL CENTER.

🔒

Trantor Score

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)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,400,135
Program Service Revenue $0
Investment Income $224,336
Other Revenue $34,085
TOTAL REVENUE $2,658,556

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $155,758
Other Expenses $275,557
TOTAL EXPENSES $275,557

Year-over-Year Comparison

2023 2022 Change
Revenue $2,658,556 $263,654 +9.1%
Expenses $275,557 $363,047 -0.2%
Net Income $2,382,999 $-99,393 -25.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

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

Governance

Voting Members
11
Independent Members
7
Employees
N/A
Volunteers
28

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
5
$312,402
Total Directors
12
$505,962
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SANDI KANICKI CHAIR 0.30
Officer Director
$0 $0 $0
DR CATHERINE BISHOP VICE CHAIR/PHYSICIAN 0.30
Officer Director
$0 $19,423 $187,928
LEONARD STEPP SECRETARY/TREASURER 0.30
Officer Director
$0 $0 $0
TINA STASIEWSKI INTERIM EXECUTIVE DIRECTOR 0.30
Officer Director
$0 $4,603 $124,474
BRET CIMORELL TRUSTEE 0.30
Director
$0 $0 $0
MIKE FEDLER TRUSTEE 0.30
Director
$0 $0 $0
TODD GRAY TRUSTEE 0.30
Director
$0 $0 $0
GARY SEECH TERM OCT 2023 TRUSTEE; CEO GLENBEIGH 0.30
Director
$0 $18,621 $193,560
NANCY KISTER TRUSTEE 0.30
Director
$0 $0 $0
CATHY MAYLISH TRUSTEE 0.30
Director
$0 $0 $0
PAUL MECHLING DVM TRUSTEE 0.30
Director
$0 $0 $0
LISA NEWSOME TRUSTEE 0.30
Director
$0 $0 $0
ALANNA DAMES MAY 2023 START VP FINANCE/CFO 0.30
Officer
$0 $0 $0
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 No data No data No data No data
2023 $2,658,556 $275,557 $9,118,315 $2,382,999
2022 $263,654 $363,047 $6,404,775 $-99,393
2021 $579,357 $394,935 $7,401,709 $184,422
2020 $504,863 $393,854 $6,952,695 $111,009
2019 $172,902 $343,343 $6,682,983 $-170,441
2018 $465,370 $631,750 $6,089,246 $-166,380
Explore More Nonprofits
→Top 100 Nonprofits in Ohio →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare ASHTABULA COUNTY MEDICAL CENTER FOUNDATION with other nonprofits in Ohio and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.