Carlinville, IL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Carlinville Area Hospital Foundation, founded in 1944, is a small nonprofit in the Health Care sector that reported $279K in total revenue in fiscal year 2024. Revenue fell 45% from the prior year — a significant decline worth monitoring. Expenses of $1.7M exceeded revenue, resulting in a 509% operating deficit.
The purpose of the Foundation is to help support the availability of primary and emergency health care services for those persons living in the Carlinville area.
Carlinville Area Hospital Foundation was established to support persons living in the Carlinville Area. Many small and rural communities face the threat of losing access to health care due to cuts in...
Carlinville Area Hospital Foundation was established to support persons living in the Carlinville Area. Many small and rural communities face the threat of losing access to health care due to cuts in payment, especially through government programs such as Medicare and Medicaid. The residents of the communities served by Carlinville Area Hospital deserve the availability of a hospital which can meet as many of their needs as possible in a quality, cost-effective and convenient manner.The CareLink Medical Alert Service helps keep individuals safe and secure while maintaining independence within their home. CareLink allows anyone living at home to quickly summon help at the touch of a button 24 hours a day, seven days a week.
Carlinville Area Hospital Foundation provides grants to the Carlinville Area Hospital to ensure the Hospital meets the primary and emergency healthcare needs of persons living in the Carlinville...
Carlinville Area Hospital Foundation provides grants to the Carlinville Area Hospital to ensure the Hospital meets the primary and emergency healthcare needs of persons living in the Carlinville Area. $1,632,000 was provided to the Hospital in FY2025.The Carlinville Area Hospital Foundation has a scholarship program. The Foundation's goal is to provide assistance in funding education through scholarships to those interested in a career in the health field. $32,077 scholarships were provided in FY2025.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $278,509 | $504,041 | -0.4% |
| Expenses | $1,697,406 | $24,004 | +69.7% |
| Net Income | $-1,418,897 | $480,037 | -4.0% |
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 |
|---|---|---|---|---|---|---|
| Steven Boente DMD | Chairman | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Mary Jo Reichmann | Secretary | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Tammy Dugan | Treasurer | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Greg Boente | Director | 0.30 |
Director
|
$0 | $0 | $0 |
| Heather DeNeve | Director | 0.30 |
Director
|
$0 | $0 | $0 |
| Katie Goodman-Thomas OD | Director | 0.30 |
Director
|
$0 | $0 | $0 |
| John Lanzerotte | Director until January | 0.30 |
Director
|
$0 | $0 | $0 |
| Susan LeVora | Director | 0.30 |
Director
|
$0 | $0 | $0 |
| Ralph March | Director until January | 0.30 |
Director
|
$0 | $0 | $0 |
| Dennis Pickrel | Director | 0.30 |
Director
|
$0 | $0 | $0 |
| J Richard Schien | Director | 0.30 |
Director
|
$0 | $0 | $0 |
| Richard Walden | Director | 0.30 |
Director
|
$0 | $0 | $0 |
| Kim Carney-Rhodes | Director as of January | 0.30 |
Director
|
$0 | $0 | $0 |
| Roger Dively | Director as of January | 0.30 |
Director
|
$0 | $0 | $0 |
| Matthew Slightom | Director as of January | 0.30 |
Director
|
$0 | $0 | $0 |
| Carl Starr | Director as of January | 0.30 |
Director
|
$0 | $0 | $0 |
| Aaron Williams | Director as of January | 0.30 |
Director
|
$0 | $0 | $0 |
| Brian Burnside | CEO Carlinville Hospital | 1.00 |
Officer
|
$0 | $0 | $0 |
| Paul Courtney | CFO Carlinville Hosp until Aug '24 | 1.00 |
Officer
|
$0 | $0 | $0 |
| Jay Hodges | CFO Carlinville Hosp as of Aug '24 | 1.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $278,509 | $1,697,406 | $671,877 | $-1,418,897 |
| 2024 | $504,041 | $24,004 | $2,119,959 | $480,037 |
| 2023 | $213,565 | $133,758 | $1,658,645 | $79,807 |
| 2022 | $166,593 | $32,441 | $1,600,303 | $134,152 |
| 2021 | $67,058 | $25,612 | $1,613,204 | $41,446 |
| 2020 | $74,364 | $225,951 | $1,434,699 | $-151,587 |
| 2019 | $1,266,091 | $1,059,702 | $1,651,993 | $206,389 |
| 2018 | $538,537 | $37,615 | $1,372,179 | $500,922 |
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