Anderson, IN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Community LTC Inc, founded in 1993, is a mid-sized nonprofit in the Health Care sector that reported $14.5M in total revenue in fiscal year 2023. Expenses of $14.0M left a modest 3% surplus.
To provide room, board, and nursing care services as well as assisted living services to elderly citizens of Madison and surrounding counties.
Community Long Term Care, Inc. (CLTC) operates 3 nursing facilities with a total of 254 licensed beds of which 193 are licensed as skilled nursing beds and 1 assisted living facility. The facility...
Community Long Term Care, Inc. (CLTC) operates 3 nursing facilities with a total of 254 licensed beds of which 193 are licensed as skilled nursing beds and 1 assisted living facility. The facility provides long term nursing care or assisted living to area residents who need such services. CLTC participates in the Medicare, Medicaid, Tri-Care, and other government sponsored health care programs as well as private managed care and other health insurance programs. The staff at CLTC make every effort to provide quality services to the residents. Goals are to 1) meet or exceed expectations, 2) display a positive and energetic attitude, 3) honor the dignity, value and involvement of others, 4) provide high quality services at a reasonable cost, and 5) continously improve services. The CLTC governing body is comprised of independent members of the community.
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 | $14,495,057 | $14,146,034 | +0.0% |
| Expenses | $13,996,263 | $13,046,417 | +0.1% |
| Net Income | $498,794 | $1,099,617 | -0.5% |
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 |
|---|---|---|---|---|---|---|
| LeVeda Standifer | Secretary/Treasurer | 0.50 |
Director
|
$0 | $0 | $0 |
| John Longneker | Member-Board of Directors | 0.50 |
Director
|
$0 | $0 | $0 |
| Brandon Aiman | Member-Board of Directors | 0.50 |
Director
|
$0 | $0 | $0 |
| Elizabeth Harpe | President/CEO | 40.00 |
Officer
|
$193,617 | $10,150 | $203,767 |
| Diana Smith | Vice Pres/CFO | 40.00 |
Officer
|
$190,873 | $62,151 | $253,024 |
| John Harris | Chairman | 0.50 |
Director
|
$0 | $0 | $0 |
| Mary Jo Lee | Member-Board of Directors | 0.50 |
Director
|
$0 | $0 | $0 |
| Dr Kelly Chambers | Member-Board of Directors | 0.50 |
Director
|
$0 | $0 | $0 |
| Elizabeth Tharp | Member-Board of Directors | 0.50 |
Director
|
$0 | $0 | $0 |
| Mike Owens | Member-Board of Directors | 0.50 |
Director
|
$0 | $0 | $0 |
| Betty Crum | Member-Board of Directors | 0.50 |
Director
|
$0 | $0 | $0 |
| Kerry Robinson | Member-Board of Directors | 0.50 |
Director
|
$0 | $0 | $0 |
| Michelle Ball | Director of Resource | 0.50 |
Highest
|
$167,783 | $907 | $168,690 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $14,495,057 | $13,996,263 | $19,714,999 | $498,794 |
| 2022 | $14,146,034 | $13,046,417 | $19,233,530 | $1,099,617 |
| 2021 | $14,582,725 | $12,125,609 | $18,409,813 | $2,457,116 |
| 2020 | $14,281,089 | $13,168,975 | $17,374,536 | $1,112,114 |
| 2019 | $11,431,985 | $10,754,314 | $14,614,739 | $677,671 |
| 2018 | $9,615,824 | $10,310,565 | $14,057,091 | $-694,741 |
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