BLACK HAWK-GRUNDY MENTAL HEALTH CENTER INC

EIN: 420733463 501(c)(3) Mental Health

WATERLOO, IA

Total Revenue
$7,061,036
Total Expenses
$6,942,625
Total Assets
$4,077,816
Net Assets
$2,954,468
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1950
Legal Domicile
IA
Principal Officer
JENNIFER FRIEDLY
Phone
3192342893
Tax Period
2023-01-01 to 2023-12-31

BLACK HAWK-GRUNDY MENTAL HEALTH CENTER INC, founded in 1950, is a community nonprofit in the Mental Health sector that reported $7.1M in total revenue in fiscal year 2023.

Mission

IMPROVING THE LIVES OF THE PEOPLE WE SERVE BY PROVIDING QUALITY, INNOVATIVE MENTAL HEALTH 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 $3,031,255
Program Service Revenue $4,013,845
Investment Income $-1,844
Other Revenue $17,780
TOTAL REVENUE $7,061,036

Expense Breakdown

Grants Paid $13,895
Salaries & Benefits $6,318,209
Fundraising Expenses $0
Program Expenses $5,780,473
Other Expenses $610,521
TOTAL EXPENSES $6,942,625

Year-over-Year Comparison

2023 2022 Change
Revenue $7,061,036 $6,886,561 +0.0%
Expenses $6,942,625 $6,757,634 +0.0%
Net Income $118,411 $128,927 -0.1%
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
15
Independent Members
13
Employees
N/A
Volunteers
13

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
8
$1,994,172
Total Directors
16
$1,726,832
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENA BURCH BOARD MEMBER 1.00
Director
$0 $37,254 $160,650
PAMELA DELAGARDELLE TO 823 BOARD MEMBER & PRESIDENT/CEO- AMHC 1.00
Officer Director
$0 $102,337 $1,082,998
SHARON DROSTE BOARD VICE CHAIR 1.00
Officer Director
$0 $0 $0
JENNIFER FRIEDLY FR 823 BOARD MEMBER & MARKET PRESIDENT- AMHC 1.00
Officer Director
$0 $76,127 $483,184
DENITA GADSON BOARD MEMBER 1.00
Director
$0 $0 $0
SANDI HASAN TO 523 BOARD MEMBER 1.00
Director
$0 $0 $0
KATIE LANG BOARD MEMBER 1.00
Director
$0 $0 $0
SARA LAURES BOARD MEMBER 1.00
Director
$0 $0 $0
LINDA LAYLIN BOARD MEMBER 1.00
Director
$0 $0 $0
MARK LITTLE BOARD CHAIR 1.00
Officer Director
$0 $0 $0
HEIDI NEDERHOFF BOARD MEMBER 1.00
Director
$0 $0 $0
HEMANSHU PATEL BOARD MEMBER 1.00
Director
$0 $0 $0
SUSAN ROLINGER BOARD TREASURER 1.00
Officer Director
$0 $0 $0
SHANE SCHELLHORN BOARD MEMBER 1.00
Director
$0 $0 $0
DAPHNE SCHLAMPP BOARD MEMBER 1.00
Director
$0 $0 $0
JEAN SEELAND BOARD SECRETARY 1.00
Officer Director
$0 $0 $0
THOMAS EACHUS EXECUTIVE DIRECTOR 40.00
Officer
$0 $34,165 $184,839
ZACHARY FRENCH VP FINANCE 1.00
Officer
$0 $16,492 $243,151
STEVEN PALMERSHEIM TO 1221 FORMER VP FIN/CFO UPC & ACO 0.00
$0 $77,246 $528,348
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 $7,061,036 $6,942,625 $4,077,816 $118,411
2022 $6,886,561 $6,757,634 $3,827,402 $128,927
2021 $5,862,000 $6,276,514 $3,801,399 $-414,514
2020 $6,174,201 $5,728,957 $4,795,375 $445,244
2019 $5,418,102 $5,339,818 $4,118,807 $78,284
2018 $4,983,593 $5,139,034 $4,771,077 $-155,441
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