YPSILANTI, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE GILBERT RESIDENCE INC, founded in 1935, is a community nonprofit in the Health Care sector that reported $8.8M in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.8M, a strong 20% operating margin.
OUR MISSION IS TO CONTINUE A TRADITION OF EXCELLENCE BY PROVIDING COMPASSIONATE AND DIGNIFIED CARE THAT BEST MEETS YOUR NEEDS AND PREFERENCES.
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 | $8,772,812 | $7,188,667 | +0.2% |
| Expenses | $6,982,279 | $6,771,954 | +0.0% |
| Net Income | $1,790,533 | $416,713 | +3.3% |
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 |
|---|---|---|---|---|---|---|
| TED SCHORK | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BARBARA ROBB | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| RICHARD TIMMONS | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| THOMAS HARRISON | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| FRED DAVIS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| LAWRENCE DOE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| STEVE JENTZEN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DR JEFFREY J COLTON | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| LESLIE SHANLIAN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ERIC MAES | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DEREK MCGILL | CEO | 40.00 |
Officer
|
$187,157 | $31,593 | $218,750 |
| DAWN BATES | BUSINESS MANAGER | 40.00 |
Officer
|
$130,289 | $9,727 | $140,016 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $8,772,812 | $6,982,279 | $19,383,530 | $1,790,533 |
| 2023 | $7,188,667 | $6,771,954 | $19,214,305 | $416,713 |
| 2022 | $6,754,255 | $6,794,117 | $20,286,941 | $-39,862 |
| 2021 | $7,710,514 | $6,053,989 | $21,204,563 | $1,656,525 |
| 2020 | $5,998,398 | $6,035,060 | $19,801,555 | $-36,662 |
| 2019 | $6,992,921 | $6,112,212 | $18,510,217 | $880,709 |
| 2018 | $6,740,236 | $6,221,450 | $17,212,243 | $518,786 |
Compare THE GILBERT RESIDENCE INC with other nonprofits in Michigan and across the country.