Tri-State Ambulance Inc

EIN: 391965415 501(c)(3) Health Care

LA CROSSE, WI

Total Revenue
$9,720,021
Total Expenses
$9,321,224
Total Assets
$8,126,565
Net Assets
$7,538,990
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
WI
Phone
6087848827
Tax Period
2023-10-01 to 2024-09-30

Tri-State Ambulance Inc, founded in 2002, is a community nonprofit in the Health Care sector that reported $9.7M in total revenue in fiscal year 2023. Revenue surged 43% from the prior year, signaling strong growth momentum. Expenses of $9.3M left a modest 4% surplus.

Mission

THE MISSION OF TRI-STATE AMBULANCE, INC. IS TO BE A PRIMARY PROVIDER OF PRE-HOSPITAL EMERGENCY CARE AND TRANSPORTATION IN THE TRI-STATE REGION. THE COMPANY UTILIZES A TEAM ENVIRONMENT WHERE ALL MEMBERS WORK TOWARD THE SHARED GOAL OF PROVIDING THE HIGHEST LEVEL OF PATIENT CARE TO THE LARGEST NUMBER OF PEOPLE IN AN EFFICIENT MANNER. WITH 37 EXPERIENCED PARAMEDICS, 40 EMTS, AND 17 AMBULANCES WE CONTINUOUSLY SET THE STANDARD FOR EMERGENCY MEDICAL SERVICES. SINCE 1970, TRI-STATE AMBULANCE HAS SERVED AS THE SOLE 911 ADVANCE LIFE SUPPORT PROVIDER FOR THE REGION COVERING NEARLY 2,200 SQUARE MILES AND SERVING A POPULATION OF APPROXIMATELY 150,000. TRISTATE AMBULANCE OFFERS ITS RESIDENTS AND VISITORS UNSURPASSED PRE-HOSPITAL CARE.

Program Service Accomplishments

Program 1
Expenses: $8,037,920 Revenue: $9,575,800

TRI-STATE AMBULANCE HAS PROUDLY SERVED SOUTHWEST WISCONSIN, SOUTHEAST MINNESOTA, AND NORTHEAST IOWA SINCE 1970, WITH THE MOST ADVANCED PRE-HOSPITAL PATIENT CARE AVAILABLE TO THOUSANDS OF PATIENTS...

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TRI-STATE AMBULANCE HAS PROUDLY SERVED SOUTHWEST WISCONSIN, SOUTHEAST MINNESOTA, AND NORTHEAST IOWA SINCE 1970, WITH THE MOST ADVANCED PRE-HOSPITAL PATIENT CARE AVAILABLE TO THOUSANDS OF PATIENTS EVERY YEAR. PRIMARY EMERGENCY 911 RESPONSE AS WELL AS EMERGENCY AND NON-EMERGENCY INTERFACILITY TRANSPORT AND INTERCEPT SERVICES ARE PROVIDED 24 HOURS A DAY. ANOTHER MEASURE OF TRI-STATE AMBULANCES' SUCCESS IS DESCRIBED IN A RECENT COMPREHENSIVE STUDY ANALYZING THE PERCENTAGE OF PATIENTS WHO WERE DISCHARGED FROM A HOSPITAL AFTER SUFFERING A CARDIAC ARREST IN WHICH THE EVENT WAS WITNESSED AND THE VICTIM WAS IN A SHOCKABLE HEART RHYTHM (WHERE A DEFIBRILLATOR COULD BE USED). IN 2020, TRI-STATE AMBULANCE RESPONDED TO COVID PANDEMIC WHILE ENCOUNTERING LARGE PPE EXPENSES AND STAFFING EVEN THOUGH REVENUE DROPPED. TRI-STATE AMBULANCE, INC UTILIZED TELEHEALTH INTEGRATION TO ALLOW SPECIALISTS TO PARTICIPATE IN VIRTUAL CARE IN MOVING AMBULANCE. THEY WERE ONE OF LESS THAN 200 AMBULANCE SERVICES IN THE NATION CHOSEN TO PARTICIPATE IN ET3 - EMERGENCY TRIAGE, TREATMENT, AND TRANSPORT. THEY ARE PARTNERING WITH OTHER GUNDERSEN DEPARTMENTS TO INCREASE STAFF FLEXIBILITY AND ARE EXPANDING PULSEPOINT COMMUNITY APP. IN 2021, TRI-STATE AMBULANCE, INC WAS ACCREDITED BY THE COMMISSION ON ACCREDITATION OF AMBULANCE SERVICES (CAAS). IN 2022, TRI-STATE AMBULANCE HAD 11,590 TRANSPORTS, 221 STANDBYS, 6,203 NON-TRANSPORTS, AND 18,014 TOTAL CALLS. TSA HAS LAUNCHED A PROGRAM WHICH ALLOWS ALTERNATE DESTINATION TRANSPORTS AS WELL AS TELEHEALTH USE FOR 911 PATIENTS. IN 2022, TSA BECAME ACCREDITED WITH THE COMMISSION ON ACCREDITATION FOR AMBULANCE SERVIES (CAAS). THIS IS A THREE YEAR ACCREDITATION AND WILL BE UP FOR RENEWAL IN 2024. IN ADDITION, IN PARTNERSHIP WITH GUNDERSEN HEALTH SYSTEM, TSA LAUNCHED A "PARAMEDIC TRAINEE" PROGRAM WHICH IS AN "EARN WHILE YOU LEARN" OPPORTUNITY. TSA HIRED 7 EMTS IN FULL-TIME CAPACITY WHO WILL RECEIVE PAY AND BENEFITS WHILE THEY ATTEND PARAMEDIC SCHOOL. IN 2023, TRI-STATE AMBULANCE HAD 8,517 TRANSPORTS, 54 STANDBYS, 3,149 NON-TRANSPORTS, AND 11,720 TOTAL CALLS. TSA HAS LAUNCHED A PROGRAM WHICH ALLOWS ALTERNATE DESTINATION TRANSPORTS AS WELL AS TELEHEALTH USE FOR 911 PATIENTS. WE WERE ABLE TO MAINTAIN A POSITIVE FISCAL MARGIN DESPITE HIGHER OVERTIMES COSTS WITH STAFFING SHORTAGES. WE CONTINUE TO BE ACCREDITED BY THE COMMISSION ON ACCREDITATION OF AMBULANCE SERVICES (CAAS). A SIGNIFICANT AREA OF EXPENSE THIS YEAR WAS THE CREATION OF A PARAMEDIC TRAINEE PROGRAM. WITH THIS PROGRAM, WE HAVE HIRED EMTS INTO FULLTIME POSITIONS AND PAID FOR THEIR FULL-TIME PARAMEDIC SCHOOLING. WHILE THIS PROGRAM WAS COSTLY, THE INDUSTRY SHORTAGE OF PARAMEDICS MADE IT A NECESSITY. ADDITIONALLY, THE CMS FEDERAL PROGRAM ENDED THEIR ET3 TELEHEALTH AND ALTERNATE DESTINATION PROGRAM AT THE END OF THIS CALENDAR YEAR. WE WILL CONTINUE TO FIND WAY TO TREAT PATIENTS WITHOUT COSTLY EMERGENCY DEPARTMENT VISITS. IN 2024, TRI-STATE AMBULANCE HAD 12,030 TRANSPORTS, 104 STANDBYS, 264 NON-TRANSPORTS, AND 16,322 TOTAL CALLS. TRI-STATE AMBULANCE, INC completed our second year of offering the paramedic trainee program, this program contracted with the local technical college to provide full-time paramedic education to 8-10 of our EMTs. These EMTs were hired into these roles with their main function to be full-time students and complete their education. The program was very successful, but costly. TRI-STATE AMBULANCE has completed the CAAS Reaccreditation, high staff 12-month retention rates in the low 90%s and a successful partnership with local fire department.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $35,507
Program Service Revenue $9,575,800
Investment Income $108,714
Other Revenue $0
TOTAL REVENUE $9,720,021

Expense Breakdown

Grants Paid $32,728
Salaries & Benefits $5,664,237
Fundraising Expenses $0
Program Expenses $8,037,920
Other Expenses $3,624,259
TOTAL EXPENSES $9,321,224

Year-over-Year Comparison

2023 2022 Change
Revenue $9,720,021 $6,812,428 +0.4%
Expenses $9,321,224 $6,264,714 +0.5%
Net Income $398,797 $547,714 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
2
Employees
80
Volunteers
2

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
6
$2,881,632
Total Directors
6
$1,528,957
Key Employees
1
$206,567
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRYAN ERDMANN BOARD OF DIRECTORS - SECRETARY/TREASURER 2.0
Officer Director
$0 $74,345 $484,221
MICHAEL MCKEE BOARD OF DIRECTORS - PRESIDENT 2.0
Officer Director
$0 $70,085 $351,145
MIKEL POELLINGER BOARD OF DIRECTORS - VICE PRESIDENT 2.0
Officer Director
$0 $0 $0
CHRISTOPHER EBERLEIN MD BOARD OF DIRECTORS - MEMBER 2.0
Director
$0 $70,228 $468,781
KIM SMITH BOARD OF DIRECTORS - MEMBER 2.0
Director
$0 $0 $0
THERESE BINFET BOARD OF DIRECTORS - MEMBER 2.0
Director
$0 $47,892 $224,810
JOHN CEELEN CHIEF FINANCIAL OFFICER, TREASURER (BEGIN 2/24) 2.0
Officer
$0 $0 $0
SCOTT RATHGABER MD CHIEF EXECUTIVE OFFICER 2.0
Officer
$0 $68,728 $1,712,949
STEVE LITTLE INTERIM CHIEF FINANCIAL OFFICER, TREASURER (THRU 2/24) 2.0
Officer
$0 $0 $333,317
THOMAS E TORNSTROM ADMINISTRATIVE DIRECTOR 0.0
Key Emp
$0 $42,697 $206,567
CINDY MCDONALD CC PARAMEDIC 0.0
Highest
$0 $41,331 $134,920
GREGG BULMAN PARAMEDIC 0.0
Highest
$0 $28,448 $131,505
RANDY YOUNG CC PARAMEDIC 0.0
Highest
$0 $12,754 $126,362
GERALD OETZEL FORMER CHIEF FINANCIAL OFFICER 0.0
$0 $18,108 $573,176
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 $9,720,021 $9,321,224 $8,126,565 $398,797
2023 $6,812,428 $6,264,714 $7,811,573 $547,714
2022 $8,543,010 $7,870,421 $7,298,962 $672,589
2021 $7,643,517 $7,151,875 $6,779,441 $491,642
2020 $7,661,673 $7,551,467 $6,376,849 $110,206
2019 $8,359,805 $7,865,168 $5,931,200 $494,637
2018 $7,903,662 $7,429,777 $6,050,301 $473,885
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