Olmsted Township, OH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Olmsted Health & Services Corp, founded in 1987, is a community nonprofit in the Human Services sector that reported $9.7M in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.2M, a strong 23% operating margin.
Olmsted Health & Services is a skilled nursing and rehabilitative community offering various services for older adults including rehabilitation, skilled nursing, respite, and hospice care.
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 | $9,707,079 | $7,939,797 | +0.2% |
| Expenses | $7,497,777 | $6,889,665 | +0.1% |
| Net Income | $2,209,302 | $1,050,132 | +1.1% |
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 |
|---|---|---|---|---|---|---|
| Richard M Boyson Jr | President & CEO | 0.00 |
Officer
Director
|
$0 | $40,532 | $437,606 |
| Kathleen M Shields | CFO | 0.00 |
Officer
|
$0 | $6,308 | $213,187 |
| Jennifer Griveas | VP of Legal | 0.00 |
Officer
|
$0 | $15,453 | $187,485 |
| Michael Gray | CIO | 0.00 |
Officer
|
$0 | $1,466 | $137,228 |
| Richard L Fletcher | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Alayne J Fodor | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Glenn S Krassen | Secretary | 0.00 |
Director
|
$0 | $0 | $0 |
| Richard L Fox | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Margaret Hartney | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Michele Messina | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| James Rogerson | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Patricia M Scanlon | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Sheryl L Sereda | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Terrie Shrock | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| John P Stoner | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Allen R Tracy | Treasurer | 0.00 |
Director
|
$0 | $0 | $0 |
| Rick Weigle Jr | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Margaret G Weitzel | Chair | 0.00 |
Director
|
$0 | $0 | $0 |
| Hilton Young | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $9,707,079 | $7,497,777 | $3,459,259 | $2,209,302 |
| 2023 | $7,939,797 | $6,889,665 | $3,036,820 | $1,050,132 |
| 2022 | $9,278,590 | $6,474,058 | $3,253,546 | $2,804,532 |
| 2021 | $9,792,472 | $6,152,659 | $3,321,595 | $3,639,813 |
| 2020 | $9,362,995 | $6,214,336 | $3,914,390 | $3,148,659 |
| 2019 | $9,056,589 | $5,942,465 | $4,601,116 | $3,114,124 |
| 2018 | $8,923,155 | $6,161,797 | $167,499,799 | $2,761,358 |
Compare Olmsted Health & Services Corp with other nonprofits in Ohio and across the country.