HUBBARD, IA
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)HUBBARD COMMUNITY MEDICAL CENTER INC, founded in 1964, is a micro nonprofit in the Health Care sector that reported $23K in total revenue in fiscal year 2023. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $42K exceeded revenue, resulting in a 84% operating deficit.
TO PROVIDE A QUALITY PLACE FOR ANYONE ENGAGED IN THE HEALTHCARE PROFESSION TO PRACTICE THEIR TRADE SO AS TO PROMOTE QUALITY HEALTHCARE PRACTICES TO THE GENERAL PUBLIC IN THE HUBBARD AREA.
THE ORGANIZATION PROVIDES A SAFE, CLEAN, AND WELL MAINTAINED FACILITY THE ORGANIZATION RENTS TO MEDICAL PROFESSIONALS WHO TREAT THE CITIZENS OF HUBBARD, IA AND THE SURROUNDNG COMMUNITIES FOR HEALTH...
THE ORGANIZATION PROVIDES A SAFE, CLEAN, AND WELL MAINTAINED FACILITY THE ORGANIZATION RENTS TO MEDICAL PROFESSIONALS WHO TREAT THE CITIZENS OF HUBBARD, IA AND THE SURROUNDNG COMMUNITIES FOR HEALTH RELATED ILLNESSES AND EDUCATE THEM ON PROPER HEALTHCARE PRACTICES. THE FACILITY HOUSES ONE HEALTHCARE PROFESSIONAL AT THIS TIME AND APPROXIMATELY 2,000 PEOPLE BENEFIT FROM THE EXISTENCE OF THE CLINIC. IN ORDER TO ENSURE CONTINUING ACCESS TO LOCAL HEALTHCARE SERVICES, THE BOARD OF DIRECTORS DEDICATE A SIGNIFICANT AMOUNT OF TIME PERFORMING YEAR-ROUND MAINTENANCE TO THE FACILITY TO KEEP IT IN THE BEST POSSIBLE CONDITION AND RECEIVE MONTHLY RENTAL PAYMENTS TO HELP WITH THE EXPENSES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $22,956 | $29,435 | -0.2% |
| Expenses | $42,145 | $42,364 | 0.0% |
| Net Income | $-19,189 | $-12,929 | +0.5% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| RICHARD DREIFKE | DIRECTOR/PRESIDENT/TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JAMES GRANZOW | DIRECTORS/VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CHERYL BOELMAN | DIRECTOR/ SECRETARY | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| DENISE MARTIN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KAY HELD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $22,956 | $42,145 | $963,134 | $-19,189 |
| 2022 | $29,435 | $42,364 | $979,574 | $-12,929 |
| 2021 | $27,908 | $45,164 | $995,437 | $-17,256 |
| 2020 | $30,473 | $49,745 | $1,007,794 | $-19,272 |
| 2019 | $80,904 | $35,284 | $1,032,094 | $45,620 |
| 2018 | $141,091 | $8,276 | $986,474 | $132,815 |
Compare HUBBARD COMMUNITY MEDICAL CENTER INC with other nonprofits in Iowa and across the country.