VERNON AREA REHABILITATION CENTER INC

EIN: 391211167 501(c)(3)

VIROQUA, WI

Total Revenue
$10,927,189
Total Expenses
$9,864,430
Total Assets
$15,976,752
Net Assets
$15,065,695
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
WI
Principal Officer
ELIZABETH FILTER
Phone
6086373934
Tax Period
2023-01-01 to 2023-12-31

VERNON AREA REHABILITATION CENTER INC, founded in 1975, is a mid-sized nonprofit that reported $10.9M in total revenue in fiscal year 2023. Expenses of $9.9M left a modest 10% surplus.

Mission

TO DEVELOP AND PROVIDE MEANINGFUL EMPLOYMENT, LEARNING, AND COMMUNITY ENGAGEMENT OPPORTUNITIES AND SERVICES FOR INDIVIDUALS WITH VARYING ABILITIES AND OTHER LIFE BARRIERS.

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Trantor Score

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

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $543,294
Program Service Revenue $5,205,543
Investment Income $63,693
Other Revenue $5,114,659
TOTAL REVENUE $10,927,189

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,796,870
Fundraising Expenses $0
Program Expenses $8,501,855
Other Expenses $3,067,560
TOTAL EXPENSES $9,864,430

Year-over-Year Comparison

2023 2022 Change
Revenue $10,927,189 $11,155,666 0.0%
Expenses $9,864,430 $10,491,249 -0.1%
Net Income $1,062,759 $664,417 +0.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
8
Independent Members
8
Employees
621
Volunteers
11

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
2
$289,038
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LARRY BODIN CHAIRMAN 2.00
Officer Director
$0 $0 $0
MARVIN G MCNEAL DIRECTOR 2.00
Director
$0 $0 $0
BILL HOFFLAND DIRECTOR 0.50
Director
$0 $0 $0
DARCY ROOD DIRECTOR 0.50
Director
$0 $0 $0
PETER HUGHES DIRECTOR 0.50
Director
$0 $0 $0
CATHY REED DIRECTOR 0.50
Director
$0 $0 $0
JODI WIDUCH DIRECTOR 0.50
Director
$0 $0 $0
STACY WROBEL DIRECTOR 0.50
Director
$0 $0 $0
DAVID ABT DIRECTOR 0.50
Director
$0 $0 $0
PALMER HOFFLAND DIRECTOR 0.50
Director
$0 $0 $0
ART GRONNING DIRECTOR 0.50
Director
$0 $0 $0
ELIZABETH FILTER PRESIDENT/CEO 40.00
Officer
$282,478 $6,560 $289,038
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
2024 No data No data No data No data
2023 $10,927,189 $9,864,430 $15,976,752 $1,062,759
2022 $11,155,666 $10,491,249 $15,071,634 $664,417
2021 $12,394,519 $11,817,621 $13,630,234 $576,898
2020 $12,043,977 $10,314,873 $13,011,422 $1,729,104
2019 $11,127,411 $10,073,893 $11,577,427 $1,053,518
2018 $11,042,120 $10,408,032 $10,431,631 $634,088
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