ALEXANDRIA, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)RURAL HEALTH SERVICES INC, founded in 1990, is a small nonprofit in the Health Care sector that reported $216K in total revenue in fiscal year 2023. Expenses of $208K left a modest 4% surplus.
To provide services to small rural hospitals that otherwise would be unavailable or cost prohibitive to the residents of our trade area.
Rural Health Services, Inc. provides management consulting to member hospitals and Rural Health Alliance. This enables the member hospitals to provide services to their staff and patients that...
Rural Health Services, Inc. provides management consulting to member hospitals and Rural Health Alliance. This enables the member hospitals to provide services to their staff and patients that otherwise would not be avaiable in the rural area served or would be cost prohibitive in the rural area served. There are 7 member hospitals in a 7 county rural area serving approximately 100,000+ residents.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $216,000 | $216,000 | N/A |
| Expenses | $208,213 | $183,073 | +0.1% |
| Net Income | $7,787 | $32,927 | -0.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Erik Malchow | Executive Dir. | 40.00 |
Officer
|
$160,520 | $15,600 | $176,120 |
| Kent Mattson | Director | 3.00 |
Officer
|
$0 | $0 | $0 |
| Carl Vaagenes | Director | 3.00 |
Officer
|
$0 | $0 | $0 |
| Kerrie McKevilly | Director | 3.00 |
Officer
|
$0 | $0 | $0 |
| Kirk Stensrud | Director | 3.00 |
Officer
|
$0 | $0 | $0 |
| Kurt Waldbillig | Director | 3.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $216,000 | $208,213 | $306,623 | $7,787 |
| 2022 | $216,000 | $183,073 | $294,859 | $32,927 |
| 2021 | $204,000 | $172,220 | $442,364 | $31,780 |
| 2020 | $217,500 | $175,995 | $413,930 | $41,505 |
| 2019 | $192,000 | $163,567 | $367,028 | $28,433 |
| 2018 | $182,520 | $160,856 | $343,162 | $21,664 |
Compare RURAL HEALTH SERVICES INC with other nonprofits in Minnesota and across the country.