Reliance Community Care Partners (EIN 382295909) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1980

Legal Domicile

Principal Officer

Troy Vugteveen

Phone

6162355015

Tax Period

2024-01-01 to 2024-12-31

Reliance Community Care Partners, founded in 1980, is a mid-sized nonprofit in the Health Care sector that reported $43.2M in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum.

Mission

To provide care management services and assistance services to seniors and others throughout the state of Michigan through programs designed to reduced healthcare costs and improve quality of life and access to care.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $40,533,126

Program Service Revenue $2,114,823

Investment Income $488,097

Other Revenue $34,466

TOTAL REVENUE $43,170,512

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,030,592

Fundraising Expenses $0

Program Expenses $39,853,020

Other Expenses $36,275,320

TOTAL EXPENSES $42,305,912

Year-over-Year Comparison

	2024	2023	Change
Revenue	$43,170,512	$35,390,210	+0.2%
Expenses	$42,305,912	$35,122,231	+0.2%
Net Income	$864,600	$267,979	+2.2%

Key Indicators

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

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

121

Volunteers

N/A

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

$963,733

Total Directors

$417,435

Key Employees

$165,164

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Troy Vugteveen	President/CEO, Director	0	Officer Director	$0	$0	$417,435
David Tiesenga	Chief Strategy Office	0	Officer	$0	$31,282	$292,150
Adam Kinder	Chief Financial Officer	0	Officer	$0	$0	$254,148
Steve Velzen-Haner	Executive Director	50	Key Emp Highest	$165,164	$0	$165,164
Paul Farr	Director	0.00	Director	$0	$0	$0
Carlos Hidalgo	Director	0	Director	$0	$0	$0
Mark Johnson	Director	0	Director	$0	$0	$0
David Knibbe	Director	0	Director	$0	$0	$0
Gary Malburg	Treasurer, Director	0	Officer Director	$0	$0	$0
Jean Nagelkerk	Director	0	Director	$0	$0	$0
Nelson Sanchez	Vice Chair, Secretary, Director	0	Officer Director	$0	$0	$0
Gilbert Segovia	Director	0	Director	$0	$0	$0
David Smith	Director	0	Director	$0	$0	$0
Nick Thole	Director	0	Director	$0	$0	$0
Mary Ursul	Chairperson, Director	0	Officer Director	$0	$0	$0
Susan Vogel-Vanderson	Director	0	Director	$0	$0	$0
Sam Watson	Director	0	Director	$0	$0	$0

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	$43,170,512	$42,305,912	$21,080,577	$864,600
2023	$35,390,210	$35,122,231	$18,230,051	$267,979
2022	$34,483,998	$31,669,054	$16,150,522	$2,814,944
2021	$33,006,946	$30,233,889	$14,709,780	$2,773,057
2020	$29,170,290	$27,910,598	$11,743,251	$1,259,692
2019	$24,774,611	$24,674,277	$9,996,243	$100,334

Reliance Community Care Partners