TRAVERSE CITY, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NORTHWEST MICHIGAN HEALTH SERVICES INC, founded in 1973, is a community nonprofit in the Health Care sector that reported $9.3M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $10.4M exceeded revenue, resulting in a 13% operating deficit.
TO PROVIDE QUALITY MEDICAL AND DENTAL PRIMARY CARE SERVICES TO PERSONS OF ALL AGES IN NORTHWEST MICHIGAN REGARDLESS OF ABILITY TO PAY.
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 | $9,254,402 | $10,076,773 | -0.1% |
| Expenses | $10,430,035 | $10,677,400 | 0.0% |
| Net Income | $-1,175,633 | $-600,627 | +1.0% |
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 |
|---|---|---|---|---|---|---|
| KATHLEEN BEHLER | CMO | 40.00 |
Officer
|
$291,455 | $4,754 | $296,209 |
| HEIDI BRITTON | CEO | 40.00 |
Officer
|
$201,299 | $27,456 | $228,755 |
| KASHIF NAQVI | DENTIST | 40.00 |
Highest
|
$207,321 | $14,521 | $221,842 |
| DAVID VELEK | DENTIST | 32.00 |
Highest
|
$168,097 | $26,273 | $194,370 |
| ADALENE CHABON | DENTIST | 32.00 |
Highest
|
$157,409 | $19,425 | $176,834 |
| KATHRYN WYNKOOP IKUMA | CDO | 30.00 |
Officer
|
$165,967 | $8,020 | $173,987 |
| JHANDI RAMANDEEP | DENTIST | 30.00 |
Highest
|
$153,186 | $10,306 | $163,492 |
| KARIN COONEY | CFO | 40.00 |
Officer
|
$118,860 | $4,754 | $123,614 |
| LISA ALLEN | VICE PRESIDE | 1.25 |
Director
|
$0 | $0 | $0 |
| CALLIE BARR | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MEGHAN DAVIS | SECRETARY | 1.25 |
Director
|
$0 | $0 | $0 |
| DALIA ESTRADA | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KAREN GOODMAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KIRK MEYERS | PRESIDENT | 1.25 |
Director
|
$0 | $0 | $0 |
| FERNANDO MEZA | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| J EDSON PONTES | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ROCHELLE RADLINSKI | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| LARRY VAN SICKLE | TREASURER | 1.25 |
Director
|
$0 | $0 | $0 |
| DAVID WILD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $9,254,402 | $10,430,035 | $7,046,480 | $-1,175,633 |
| 2024 | $10,076,773 | $10,677,400 | $8,505,517 | $-600,627 |
| 2023 | $11,182,590 | $9,704,254 | $8,918,294 | $1,478,336 |
| 2022 | $10,103,872 | $9,699,788 | $6,841,056 | $404,084 |
| 2021 | $11,849,752 | $9,854,621 | $7,103,929 | $1,995,131 |
| 2020 | $7,829,289 | $7,849,419 | $4,362,016 | $-20,130 |
| 2019 | $7,241,732 | $6,990,731 | $4,221,024 | $251,001 |
Compare NORTHWEST MICHIGAN HEALTH SERVICES INC with other nonprofits in Michigan and across the country.