ASHTABULA, OH
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)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.
THE ACMC FOUNDATION IS A NOT-FOR-PROFIT 501(C)(3) ORGANIZATION ESTABLISHED TO RAISE, RECEIVE AND ADMINISTER CHARITABLE GIFTS IN SUPPORT OF ASHTABULA COUNTY MEDICAL CENTER. TO DO THIS, THE FOUNDATION HOLDS SPECIAL EVENTS, CULTIVATES AND SOLICITS INDIVIDUAL DONORS AND CORPORATE DONORS, AND SECURES GRANT FUNDING; AND ALIGNS ITS WORK WITH THE INITIATIVES AND PRIORITIES OF ACMC.
ASHTABULA COUNTY MEDICAL CENTER (ACMC) IS A NON-PROFIT COMMUNITY HOSPITAL, THE ONLY FULL-SERVICE HOSPITAL IN ASHTABULA COUNTY, AND IS THE COUNTY'S LARGEST EMPLOYER. THE ACMC FOUNDATION HELPS TO...
ASHTABULA COUNTY MEDICAL CENTER (ACMC) IS A NON-PROFIT COMMUNITY HOSPITAL, THE ONLY FULL-SERVICE HOSPITAL IN ASHTABULA COUNTY, AND IS THE COUNTY'S LARGEST EMPLOYER. THE ACMC FOUNDATION HELPS TO ENSURE THAT THE HIGH-QUALITY CARE ALL PATIENTS DESERVE IS AVAILABLE WHEN THE COMMUNITY NEEDS IT.ACMC FOUNDATION SUPPORTS THE HOSPITAL BY FUNDING CAPITAL AND EQUIPMENT PURCHASES, FACILITY RENOVATIONS, STAFF SUPPORT AND EDUCATION AND OTHER PROGRAM SUPPORT. WITH MORE THAN A DOZEN DESIGNATED-USE AND UNRESTRICTED FUNDS, ACMC FOUNDATION ADMINISTERS CONTRIBUTIONS THAT ALIGN WITH DONORS' INTERESTS AND THE PRIORITIES AND NEEDS OF ACMC. EXAMPLES OF RECENT CAPITAL SUPPORT INCLUDE IMAGING EQUIPMENT, PATIENT MONITORS, INTENSIVE CARE UNIT EQUIPMENT AND TECHNOLOGY, INFRARED VEIN FINDERS, AND VARIOUS BUILDING AND FACILITY RENOVATIONS. ACMC FOUNDATION SUPPORTS ACMC THROUGH VARIOUS PROGRAMS. ACMC FOUNDATION ADMINISTERS AND FUNDS THE ACMC ACADEMY PROGRAM, A SUMMER INTERNSHIP AND SCHOLARSHIP PROGRAM FOR HIGH SCHOOL STUDENTS INTERESTED IN HEALTHCARE CAREERS. THE FOUNDATION FUNDS PROGRAMS TO PROVIDE ITEMS OF COMFORT TO PEDIATRIC PATIENTS IN OUTPATIENT LABS AND EMERGENCY DEPARTMENT, AND ASSISTANCE TO PATIENTS TO HELP MEET TEMPORARY URGENT NEEDS THAT HAVE A DIRECT IMPACT ON PATIENTS' HEALTH OUTCOMES, SUCH AS MEDICAL SUPPLIES NOT COVERED BY INSURANCE, TRANSPORTATION EXPENSES RELATED TO MEDICAL CARE, AND SHORT TERM MEDICATIONS.
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)| 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% |
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| 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 |
| 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 |
Compare ASHTABULA COUNTY MEDICAL CENTER FOUNDATION with other nonprofits in Ohio and across the country.