Harvey, ND
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)St Aloisius Hospital, founded in 1938, is a mid-sized nonprofit in the Health Care sector that reported $26.7M in total revenue in fiscal year 2023.
SMP Health - St. Aloisius, inspired by Jesus, in union with the Sisters of Mary of the Presentation, ministers health to all we serve.
CRITICAL ACCESS HOSPITAL DESIGNATIONSMP Health - St. Aloisius is a 25-bed acute care hospital and 70-bed skilled nursing facility located in Harvey, North Dakota. The Hospital was designated as a...
CRITICAL ACCESS HOSPITAL DESIGNATIONSMP Health - St. Aloisius is a 25-bed acute care hospital and 70-bed skilled nursing facility located in Harvey, North Dakota. The Hospital was designated as a Critical Access Hospital in 2002. As a critical access hospital, our role is vital to the health and welfare of the community we serve. The patient and resident days for FY 2024 were as follows: 739 acute days and 1,488 swing-bed days.(Continued on Schedule O) RESPONDING TO THE NEEDS OF THE POOR The Medical Center provides healthcare services to patients and residents who meet certain criteria under its charity care policy without charge or at amounts less than established rates. Since the Medical Center does not pursue collection of these amounts they are not reported as patient and resident service revenue. The estimated cost of providing these services was $17,000 for the year ended September 30, 2024, calculated by multiplying the ratio of cost to gross charges for the Medical Center by the gross uncompensated charges associated with providing charity care to its patients and residents.In addition, the Medical Center provides services to other medically indigent patients under certain government-reimbursed public aid programs. Such programs pay providers amounts which are less than established charges for the services provided to the recipients, and for some services the payments are less than the cost of rendering the services provided. The Medical Center also commits significant time and resources to endeavors and critical services which meet otherwise unfulfilled community needs. Many of these activities are sponsored with the knowledge that they will not be self-supporting or financially viable.SMP Health - St. Aloisius provides a Senior Living Facility. This consists of 16 apartment units. Two of the one-bedroom apartments are handicap accessible. A noon meal is optional but is served 7 days per week. There is also a 24-hour emergency call system.SMP Health - St. Aloisius Long Term Care is a 70-bed skilled nursing facility licensed by the State of North Dakota. The facility provides occupational, physical and speech therapy and other activities offered 7 days per week. St. Aloisius Long Term Care facility had 23,096 patient days for FY24.
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 | $26,716,135 | $24,974,814 | +0.1% |
| Expenses | $27,114,077 | $24,239,909 | +0.1% |
| Net Income | $-397,942 | $734,905 | -1.5% |
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 |
|---|---|---|---|---|---|---|
| Ryan Mickelsen | President & CEO | 40.00 |
Officer
Director
|
$0 | $27,239 | $258,623 |
| Susan Shearer | Chair (Until 6/24) | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Jason Schneider - Director | (Until 6/24)/Chair (As of 7/24) | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Chad Ziegler | Vice Chair (Until 6/24) | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Gordon Schmidt-Director Until | 6/24)/Vice Chair (As of 7/24) | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Mary Hager | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Sr Debra Berry | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Sr Anne Germaine Picard | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Kathy Muscha | Director (As of 7/24) | 0.50 |
Director
|
$0 | $0 | $0 |
| Dr Steven Kourajian | Director (As of 7/24) | 0.50 |
Director
|
$0 | $0 | $0 |
| Colleen Cannon | CFO (Until 2/24) | 40.00 |
Officer
|
$0 | $28,489 | $167,912 |
| Nicole Anderson | CFO (As of 5/24) | 40.00 |
Officer
|
$0 | $0 | $0 |
| Sr Elaine Lange | Secretary non-voting | 0.50 |
Officer
|
$0 | $0 | $0 |
| Rick Geier MD | Physician | 40.00 |
Highest
|
$420,004 | $9,900 | $429,904 |
| Kimberly Thorson NP | Nurse Practitioner | 40.00 |
Highest
|
$290,306 | $8,709 | $299,015 |
| Tuan Dean MD | Physician | 40.00 |
Highest
|
$265,090 | $21,647 | $286,737 |
| Lori Schroeder | CNA | 60.00 |
Highest
|
$125,410 | $3,762 | $129,172 |
| Tracey Harness | CNA | 60.00 |
Highest
|
$122,791 | $11,942 | $134,733 |
| Alfred Sams | Former President & CEO | 40.00 |
|
$0 | $11,968 | $160,375 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $26,716,135 | $27,114,077 | $26,614,266 | $-397,942 |
| 2023 | $24,974,814 | $24,239,909 | $24,138,128 | $734,905 |
| 2022 | $25,167,860 | $22,697,026 | $22,436,988 | $2,470,834 |
| 2021 | $23,480,420 | $20,256,128 | $24,095,951 | $3,224,292 |
| 2020 | $18,344,187 | $18,836,133 | $22,352,264 | $-491,946 |
| 2019 | $18,348,471 | $17,784,660 | $18,365,004 | $563,811 |
| 2018 | $15,612,320 | $15,798,034 | $17,511,498 | $-185,714 |
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