WISCONSIN HEALTH CARE ASSOC INC

EIN: 396125841

MADISON, WI

Total Revenue
$3,281,478
Total Expenses
$3,298,398
Total Assets
$924,905
Net Assets
$310,850
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1955
Legal Domicile
WI
Principal Officer
WILLIAM R ABRAMS
Phone
6082570125
Tax Period
2023-01-01 to 2023-12-31

WISCONSIN HEALTH CARE ASSOC INC, founded in 1955, is a community nonprofit that reported $3.3M in total revenue in fiscal year 2023. Revenue surged 67% from the prior year, signaling strong growth momentum.

Mission

PROMOTE HIGHER BUSINESS STANDARDS AND BETTER BUSINESS METHODS IN THE LONG- TERM HEALTH CARE PROFESSION BY ENCOURAGING AND ADVANCING THE IMPORTANCE OF UNIFORMITY, COOPERATION, COMPLIANCE, AND EDUCATION IN THE DELIVERY OF HEALTH CARE SERVICES TO THE ELDERLY AND DISABLED.

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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 $2,250,655
Program Service Revenue $989,812
Investment Income $4,121
Other Revenue $36,890
TOTAL REVENUE $3,281,478

Expense Breakdown

Grants Paid $0
Salaries & Benefits $985,688
Fundraising Expenses $34,134
Program Expenses $2,916,243
Other Expenses $2,312,710
TOTAL EXPENSES $3,298,398

Year-over-Year Comparison

2023 2022 Change
Revenue $3,281,478 $1,962,160 +0.7%
Expenses $3,298,398 $2,134,854 +0.5%
Net Income $-16,920 $-172,694 -0.9%
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
24
Independent Members
24
Employees
14
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
5
$190,799
Total Directors
25
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM R ABRAMS PRESIDENT/CE 40.00
Officer
$181,706 $9,093 $190,799
JIM STOA DIR GOVT REL 40.00
Highest
$133,887 $5,496 $139,383
KATHRYN BATTIATO VP WORKFORCE 40.00
Highest
$127,845 $8,998 $136,843
DAVID MILLS - NORTH SHORE HLTH CARE PRESIDENT DI N/A
Officer Director
$0 $0 $0
DOVIE MAUER - EDEN SENIOR CARE PRESIDENT DI N/A
Director
$0 $0 $0
IZZY WEINBERG - CHAMPION CARE PRESIDENT DI N/A
Director
$0 $0 $0
STEPHANIE SHERMAN - CARRIAGE H COMP REP- NON PRO N/A
Director
$0 $0 $0
DAVE EGAN - REAL PROPETY HEALTH FAC PRESIDENT DI N/A
Director
$0 $0 $0
DANIEL RUMMELLS - MARSHFIELD HEALTH PRESIDENT DI N/A
Director
$0 $0 $0
JEFF SCHUELLER - NORTH SHORE HEALTH REP - MULTI- N/A
Director
$0 $0 $0
LISA OLSEN - SEVITA HEALTH REPRESENT DI N/A
Director
$0 $0 $0
MITUL LINDEMANN - SYNERGY HEALTH REPRESENT DI N/A
Director
$0 $0 $0
AARON TOPPER - AA HEALTHCARE REPRESENT DI N/A
Director
$0 $0 $0
JOE SIMONICH - VILLA MARIA HLTHREHA PRESIDENT DI N/A
Director
$0 $0 $0
KRIS SPRTEL - CONGREGATIONAL HOME REPRESENT DI N/A
Officer Director
$0 $0 $0
MELISSA WALTHALL - PARKVIEW HOME PRESIDENT DI N/A
Director
$0 $0 $0
PAT LEMIRE - M3 INSURANCE REP - BUS PT N/A
Director
$0 $0 $0
DALE KELM - BIRCH HAVEN SR LIVING REPRESENT DI N/A
Director
$0 $0 $0
STEVE KURANZ - HOPE SENIOR LIVING BOARD PRESID N/A
Officer Director
$0 $0 $0
DEB KLATKIEWICZ - PARK MANOR LTD REPRESENT DI N/A
Director
$0 $0 $0
BOB MOLITOR - ALDEN NETWORK REPRESENT DI N/A
Officer Director
$0 $0 $0
ERIC JACOBSON - MIDDLETON VILL NSG PRESIDENT DI N/A
Director
$0 $0 $0
SCOTT FRANK - OAK PARK PLACE REPRESENT DI N/A
Director
$0 $0 $0
PAUL FISCUS - MAPLEWOOD OF SAUK PRA PRESIDENT DI N/A
Director
$0 $0 $0
CHAD BASCHE - WISC DELLS HLTH SER REPRESENT DI N/A
Director
$0 $0 $0
LAURA HOLMSTROM - DELAVAN HEALTH SE REP-70 BEDS N/A
Director
$0 $0 $0
LANA TROCINSKI - PINE VIEW TERRACE REPRESENT DI N/A
Director
$0 $0 $0
MICHAEL JACOBS - PAVILION GLACIER V REPRESENT DI N/A
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
2024 No data No data No data No data
2023 $3,281,478 $3,298,398 $924,905 $-16,920
2022 $1,962,160 $2,134,854 $802,509 $-172,694
2021 $1,207,322 $1,324,585 $587,892 $-117,263
2020 $934,758 $1,026,950 $870,271 $-92,192
2019 $1,040,436 $1,067,524 $847,958 $-27,088
2018 $1,092,306 $930,517 $775,724 $161,789
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