Winona, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Winona Health Foundation, founded in 1996, is a community nonprofit in the Health Care sector that reported $9.0M in total revenue in fiscal year 2023. Revenue surged 206% from the prior year, signaling strong growth momentum. The organization ran a surplus of $7.3M, a strong 82% operating margin.
The mission of the Winona Health Foundation is to gather, steward, and distribute resources needed to support and advance the mission of Winona Health and its affiliates.
The Winona Health Foundation assists Winona Health in achieving its mission to inspire, recognize, and empower the caregiver in all of us. The geographic scope is the City of Winona and surrounding...
The Winona Health Foundation assists Winona Health in achieving its mission to inspire, recognize, and empower the caregiver in all of us. The geographic scope is the City of Winona and surrounding communities in Minnesota and Wisconsin. The Foundation makes grants and contributions to Winona Health's nonprofit affiliates including Winona Health Services and Winona Senior Services. Winona Health Services includes a 49-bed primary care hospital that also includes an emergency department, provides inpatient mental health services, rehabilitative and dialysis services, outpatient diagnostics and ambulatory surgery. (Continued on Schedule O)It also includes primary care clinics in Winona and Rushford, Minnesota, and specialty clinics including sports and orthopedic specialists, eye care center, pain management center, psychiatric and counseling services, occupational health, durable medical equipment, retail pharmacy and urgent care clinic. Winona Senior Services includes Lake Winona Manor, a 80-bed skilled nursing facility, Adith Miller and Roger Metz Manors, 20-bed assisted living facilities for memory care, Watkins Manor an assisted living facility for 53 seniors, and hospice services.In the mid-80s, Benjamin A. Miller, a former Winona-area businessman and philanthropist, established the Ben & Adith Miller Patient Care Fund in the Winona Health Foundation in honor of his wife, Adith. The Ben & Adith Miller Patient Care Fund is a unique community resource that helps individuals and families pay for unexpected medical expenses incurred while seeking care at Winona Health. In FY2024, the fund helped 293 individuals pay more than $450,000 in medical bills.
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 | $8,969,865 | $2,930,854 | +2.1% |
| Expenses | $1,630,996 | $1,194,538 | +0.4% |
| Net Income | $7,338,869 | $1,736,316 | +3.2% |
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 |
|---|---|---|---|---|---|---|
| Ken Mogren | Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Steve Blue | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Matthew Broghammer MD | Director | 1.00 |
Director
|
$0 | $93,153 | $670,598 |
| E Allen Beguin MD | Director | 1.00 |
Director
|
$0 | $57,812 | $331,917 |
| Hugh Miller | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Sandra Burke | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Greg Evans | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Nicholas Modjeski MD | Director | 1.00 |
Director
|
$0 | $50,808 | $303,449 |
| Brian Semling | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Robert Williams | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| David Vaselaar | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Fatima Said | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Todd Paulson | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Dave Gilmer | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Katrina Hammel MD | Director | 1.00 |
Director
|
$0 | $69,860 | $434,673 |
| Toni Highum | Director (Until Dec) | 1.00 |
Director
|
$0 | $0 | $0 |
| Rachelle Heising-Schultz | President/CEO/Director | 2.00 |
Officer
Director
|
$0 | $58,288 | $657,127 |
| Jessica Remington | CFO/Treasurer | 1.00 |
Officer
|
$0 | $28,713 | $213,837 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $8,969,865 | $1,630,996 | $60,787,789 | $7,338,869 |
| 2023 | $2,930,854 | $1,194,538 | $47,544,457 | $1,736,316 |
| 2022 | $1,748,604 | $1,518,008 | $43,588,351 | $230,596 |
| 2021 | $3,660,037 | $1,525,295 | $52,309,191 | $2,134,742 |
| 2020 | $2,233,362 | $1,178,441 | $43,842,577 | $1,054,921 |
| 2019 | $2,361,846 | $1,626,544 | $40,912,965 | $735,302 |
| 2018 | $2,380,604 | $1,700,680 | $43,655,224 | $679,924 |
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