ROCKFORD, IL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NORTH ROCKFORD CONVALESCENT HOME, founded in 1900, is a community nonprofit in the Health Care sector that reported $4.7M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion.
Peterson Meadows provides housing and services for senior citizens, with stated purposes including promoting christian principles for the development and improvement of persons of retirement age, and inspiring seniors to celebrate life.
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 | $4,745,314 | $4,258,426 | +0.1% |
| Expenses | $4,995,120 | $4,019,785 | +0.2% |
| Net Income | $-249,806 | $238,641 | -2.0% |
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 |
|---|---|---|---|---|---|---|
| Frances Salinas | President | 0 |
Officer
Key Emp
Highest
|
$0 | $28,434 | $433,557 |
| William Pratt | CEO - OUTGOING | 0 |
Key Emp
|
$0 | $17,025 | $373,199 |
| Brett Nelson | Chief Financial Officer | 0 |
Key Emp
|
$0 | $16,798 | $203,692 |
| Helen Dittmer | Chief Resident Engagement Officer | 0 |
Key Emp
|
$0 | $17,898 | $202,407 |
| Joe Clinton | Board Member | 0 |
Director
|
$0 | $0 | $0 |
| Denise Popp | Chairperson of the Board | 0 |
Officer
Director
|
$0 | $0 | $0 |
| Jack Croffoot | Secretary | 0 |
Officer
Director
|
$0 | $0 | $0 |
| Dennis Roop | Board Member | 0 |
Director
|
$0 | $0 | $0 |
| Joe Scandroli | Board Member | 0 |
Director
|
$0 | $0 | $0 |
| David Schmitt | Vice Chair | 0 |
Officer
Director
|
$0 | $0 | $0 |
| Don Williams | Board Member | 0 |
Director
|
$0 | $0 | $0 |
| Joseph Garry | Board Member | 0 |
Director
|
$0 | $0 | $0 |
| Mark McClenathan | Board Member | 0 |
Director
|
$0 | $0 | $0 |
| Tammy Zurfluh | Board Member | 0 |
Director
|
$0 | $0 | $0 |
| Samuel Schmitz | Board Member | 0 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $4,745,314 | $4,995,120 | $24,998,012 | $-249,806 |
| 2023 | $4,258,426 | $4,019,785 | $19,868,674 | $238,641 |
| 2022 | $4,001,213 | $3,961,430 | $17,538,376 | $39,783 |
| 2021 | $3,914,186 | $3,880,610 | $18,060,526 | $33,576 |
| 2020 | $3,870,781 | $4,230,222 | $18,541,107 | $-359,441 |
| 2019 | $3,813,968 | $4,492,223 | $16,518,041 | $-678,255 |
Compare NORTH ROCKFORD CONVALESCENT HOME with other nonprofits in Illinois and across the country.