RIGGS COMMUNITY HEALTH CENTER INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1995

Legal Domicile

Principal Officer

APRIL FIFE

Phone

7657421567

Tax Period

2023-10-01 to 2024-09-30

RIGGS COMMUNITY HEALTH CENTER INC, founded in 1995, is a mid-sized nonprofit in the Health Care sector that reported $19.4M in total revenue in fiscal year 2023.

Mission

PROVIDING PRIMARY HEALTH CARE TO LOW-INCOME RESIDENTS.

Program Service Accomplishments

Program 1

Expenses: $12,274,018 Revenue: $14,229,921

RIGGS COMMUNITY HEALTH CENTER HAS A RICH HISTORY FOR OVER 25 YEARS OF PROVIDING HIGH QUALITY, COMPREHENSIVE PRIMARY HEALTH CARE TO THE MEN, WOMEN AND CHILDREN OF TIPPECANOE COUNTY, INDIANA. WENDELL RIGGS, M.D. AND OTHER KEY HEALTHCARE PROFESSIONALS ENVISIONED INCREASED ACCESS FOR OUR AREA'S UNINSURED AND UNDERINSURED CHILDREN AND THEIR FAMILIES. WITH SUPPORT FROM ST. ELIZABETH MEDICAL CENTER AND A FEW DEDICATED COMMUNITY MEMBERS WHO SHARED A ZEAL TO HELP, AFFORDABLE PRIMARY CARE FOR WOMEN AND CHILDREN BEGAN BY OPENING A PART-TIME PRENATAL AND WELL-CHILD CLINIC IN 1988. TODAY, WE SERVE APPROXIMATELY 21,000 PATIENTS THROUGH OVER 73,000 VISITS EACH YEAR AT 4 LOCATIONS AND PROVIDE PRIMARY CARE TO ADULT, PEDIATRIC AND PRENATAL WOMEN'S HEALTH PATIENTS IN ADDITION TO DENTAL AND BEHAVIORAL HEALTH SERVICES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,579,962

Program Service Revenue $14,229,921

Investment Income $450,332

Other Revenue $102,387

TOTAL REVENUE $19,362,602

Expense Breakdown

Grants Paid $666,517

Salaries & Benefits $14,540,409

Fundraising Expenses $0

Program Expenses $12,274,018

Other Expenses $3,907,992

TOTAL EXPENSES $19,114,918

Year-over-Year Comparison

	2023	2022	Change
Revenue	$19,362,602	$19,570,193	0.0%
Expenses	$19,114,918	$18,142,551	+0.1%
Net Income	$247,684	$1,427,642	-0.8%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

295

Volunteers

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

$743,545

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TRAVIS DUELL	CHAIRPERSON	2.00	Officer Director	$0	$0	$0
DAVID JONES	VICE CHAIRPERSON	2.00	Officer Director	$0	$0	$0
LINDA KETTERER	TREASURER	3.00	Officer Director	$0	$0	$0
LES HUDDLE	SECRETARY	4.00	Officer Director	$0	$0	$0
KAREN KRULIK	BOARD MEMBER	1.50	Director	$0	$0	$0
BELINDA BERNARD	BOARD MEMBER	1.50	Director	$0	$0	$0
ADAM COLBY	BOARD MEMBER	1.50	Director	$0	$0	$0
ROGER PATTISON	BOARD MEMBER	1.50	Director	$0	$0	$0
GEORGIA STEIMAN	BOARD MEMBER	1.50	Director	$0	$0	$0
WILLIAM SCHNIEDER	BOARD MEMBER	1.50	Director	$0	$0	$0
ANTONIO KU RIVERO	BOARD MEMBER	1.50	Director	$0	$0	$0
PAMELA GARDNER	BOARD MEMBER PARTIAL YEAR	1.50	Director	$0	$0	$0
SUSAN MARTZ	BOARD MEMBER PARTIAL YEAR	1.50	Director	$0	$0	$0
DR BAMBI MCQUADE-JONES	PRESIDENT & CEO	40.00	Officer	$531,280	$26,938	$558,218
KIM DOWELL	CHIEF FINANCIAL OFFICER	40.00	Officer	$178,243	$7,084	$185,327
RANDALL HOUNTZ	CHIEF OPERATIONS OFFICER	40.00	Highest	$228,483	$8,754	$237,237
APRIL FIFE NP	CHIEF CLINICAL OFFICER	40.00	Highest	$217,675	$32,341	$250,016
SUSAN FOSTER NP	CHIEF MEDICAL OFFICER	40.00	Highest	$183,178	$10,451	$193,629
GREGORY FRENCH MD	CLINICAL LEAD PHYSICIAN	40.00	Highest	$239,883	$24,641	$264,524
TIMOTHY POQUETTE	PSYCHIATRIC NURSE PRACTITIONER	40.00	Highest	$172,626	$24,621	$197,247

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
2025	No data	No data	No data	No data
2024	$19,362,602	$19,114,918	$29,204,325	$247,684
2023	$19,570,193	$18,142,551	$28,911,791	$1,427,642
2022	$17,190,777	$15,228,924	$27,187,628	$1,961,853
2021	$14,878,610	$13,149,732	$25,254,127	$1,728,878
2020	$14,482,405	$11,936,877	$23,276,039	$2,545,528
2019	$13,617,733	$11,113,135	$20,626,705	$2,504,598
2018	$12,457,726	$10,678,797	$18,006,817	$1,778,929