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.

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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 $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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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
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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