Oneota Riverview Care Facility Inc

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1988

Legal Domicile

Principal Officer

Melinda Hanson

Phone

5633829691

Tax Period

2023-01-01 to 2023-12-31

Oneota Riverview Care Facility Inc, founded in 1988, is a community nonprofit in the Mental Health sector that reported $6.8M in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $6.4M left a modest 6% surplus.

Mission

Wellington Place is a licensed campus providing skilled nursing, nursing facility, memory care assisted living, and assisted living services to those who qualify under each level of care.

Program Service Accomplishments

Program 1

Expenses: $5,837,182 Revenue: $6,753,981

Oneota Riverview dba Wellington Place (the Home) is a nonprofit entity organized to provide housing and necessary medical care for individuals requiring long-term care. The Home operates a 56-bed...

Oneota Riverview dba Wellington Place (the Home) is a nonprofit entity organized to provide housing and necessary medical care for individuals requiring long-term care. The Home operates a 56-bed nursing facility, a 12-bed memory care facility, and a 34-unit assisted living facility in Decorah, Iowa.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $6,753,981

Investment Income $29,175

Other Revenue $0

TOTAL REVENUE $6,783,156

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,200,738

Fundraising Expenses $0

Program Expenses $5,837,182

Other Expenses $3,151,036

TOTAL EXPENSES $6,351,774

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,783,156	$7,183,463	-0.1%
Expenses	$6,351,774	$6,092,085	+0.0%
Net Income	$431,382	$1,091,378	-0.6%

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

Governance

Voting Members

Independent Members

Employees

154

Volunteers

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

$177,753

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Melinda Hanson	President	1.00	Officer Director	$0	$0	$0
Lorraine Sindelar	Vice President	1.00	Officer Director	$0	$0	$0
Denise Duffy	Secretary	1.00	Officer Director	$0	$0	$0
Nancy Hageman	Director	1.00	Director	$0	$0	$0
Gary Johnson	Director	1.00	Director	$0	$0	$0
Dr Steve Davis	Director	1.00	Director	$0	$0	$0
Les Askelson	Director	1.00	Director	$0	$0	$0
Leah Benzing	Administrator (Feb - Dec)	40.00	Officer	$107,648	$21,978	$129,626
Megan Sherman	Interim Administrator Jan 2023	40.00	Officer	$47,183	$944	$48,127

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	$6,783,156	$6,351,774	$10,325,718	$431,382
2022	$7,183,463	$6,092,085	$9,811,704	$1,091,378
2021	$5,914,374	$5,255,525	$8,727,846	$658,849
2020	$5,111,957	$4,761,978	$8,236,814	$349,979
2019	$4,905,467	$4,504,702	$6,834,276	$400,765
2018	$4,494,374	$4,324,181	$6,789,604	$170,193