Southwest Healthcare Services

EIN: 450458242 501(c)(3) Health Care

Bowman, ND

Total Revenue
$17,857,522
Total Expenses
$18,515,844
Total Assets
$32,102,276
Net Assets
$6,144,587
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

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)

Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
ND
Principal Officer
Dennis Goebel
Phone
7015235555
Tax Period
2024-01-01 to 2024-12-31

Southwest Healthcare Services, founded in 2000, is a mid-sized nonprofit in the Health Care sector that reported $17.9M in total revenue in fiscal year 2024.

Mission

Guided by faith-based leadership, we are a family of specialists, each performing a unique service. With a spirit of compassion, we provide excellence in healthcare to those we are privileged to serve.

Program Service Accomplishments

Program 1
Expenses: $15,564,036 Revenue: $17,009,804

Southwest Healthcare Services' Mission Statement is "Guided by Faith, we provide excellent care for those we are privileged to serve!". We are in Bowman, North Dakota, and operate a 35-bed critical...

Read more

Southwest Healthcare Services' Mission Statement is "Guided by Faith, we provide excellent care for those we are privileged to serve!". We are in Bowman, North Dakota, and operate a 35-bed critical access hospital, offering a range of outpatient services including lab work, radiology, and various therapies. Additionally, we support the community with a rural health clinic, 12-unit assisted living facility, 12-unit independent living apartment complex, and ambulance services. We provide care to our long-term nursing home residents in our Swingbed unit. Southwest Healthcare Services is a private, nonprofit organization dedicated to providing quality healthcare for over 5,500 residents in seven rural communities in the southwest corner of North Dakota and the northwest corner of South Dakota. Southwest Healthcare Services operates a full-time emergency room and provides emergency care regardless of ability to pay. The facility has achieved Level IV Trauma designation with physician staffed emergency services available 24 hours a day, seven days a week. Our organization is one of the most important economic assets in the region. Services provided in 2024 demonstrated the strong need for Southwest Healthcare Services. Our rural health clinic had over 5,973 patient encounters and the hospital recorded 770 emergency room visits.Southwest Healthcare Services also provides non-emergency services to the community making these services accessible to the community through participation in government programs like Medicare and Medicaid and our own charity care program. Services are provided to all individuals regardless of individual status. Southwest Healthcare Services charity care program provides discounted and free services to patients that are unable to be fully responsible for the cost of the health care they receive. We are committed to responding to the increasing number of patients who are under-insured or without insurance and who need to seek healthcare services at our facility. To fulfill its mission of community service, we provide care to these patients who meet certain criteria under its charity care policy without charge or at amounts less than its established rates. Because we do not pursue collection of amounts determined to qualify as charity care, they are not reported as patient and resident service revenue. The estimated cost of providing charity care for the year ended December 31, 2024 was $93,000 calculated by multiplying the ratio of cost to gross charges by the gross uncompensated charges associated with providing charity care to patients.

🔒

Trantor Score

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)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $714,702
Program Service Revenue $17,009,068
Investment Income $110,393
Other Revenue $23,359
TOTAL REVENUE $17,857,522

Expense Breakdown

Grants Paid $0
Salaries & Benefits $7,196,870
Fundraising Expenses $14,557
Program Expenses $15,564,036
Other Expenses $11,318,974
TOTAL EXPENSES $18,515,844

Year-over-Year Comparison

2024 2023 Change
Revenue $17,857,522 $17,303,234 +0.0%
Expenses $18,515,844 $17,020,297 +0.1%
Net Income $-658,322 $282,937 -3.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Governance

Voting Members
9
Independent Members
8
Employees
160
Volunteers
150

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
6
$412,009
Total Directors
11
$185,062
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Andrew Weiss President (Jan-Jun) 1.00
Officer Director
$0 $0 $0
Jordan Anderson - VP (Jan-Jun)/President (Jul-Dec) 1.00
Officer Director
$0 $0 $0
Wendy Stuber - Trustee (Jan-Jun)/ VP (Jul-Dec) 1.00
Officer Director
$0 $0 $0
Laurie Braaten Secretary 1.00
Officer Director
$0 $0 $0
Chanell Walby Trustee 1.00
Director
$0 $0 $0
Christine Peterson NP full year)/Trustee (Jan-Jun) 40.00
Director
$185,062 $0 $185,062
Connie Gaebe Trustee 1.00
Director
$0 $0 $0
Breanne Beylund Trustee 1.00
Director
$0 $0 $0
Anne Gruber Trustee 1.00
Director
$0 $0 $0
Jim Erk Trustee (Jul-Dec) 1.00
Director
$0 $0 $0
Matt Burke Trustee (Jul-Dec) 1.00
Director
$0 $0 $0
Dennis Goebel CEO 40.00
Officer
$252,170 $14,348 $266,518
Amanda Loughman CFO 40.00
Officer
$129,931 $15,560 $145,491
Tim Adams Physician 40.00
Highest
$424,106 $0 $424,106
Roy Cordy Physician 40.00
Highest
$396,586 $0 $396,586
Patricia Gilbert Physicians Assistant 40.00
Highest
$140,264 $2,513 $142,777
Kurt Datz Physician 10.00
Highest
$130,001 $0 $130,001
Jennifer Jahner Rehab Superviser 40.00
Highest
$119,974 $0 $119,974
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 $17,857,522 $18,515,844 $32,102,276 $-658,322
2023 $17,303,234 $17,020,297 $32,662,455 $282,937
2022 $14,891,472 $16,091,746 $33,427,348 $-1,200,274
2021 $17,128,979 $15,419,251 $36,154,492 $1,709,728
2020 $15,222,771 $15,614,977 $39,058,820 $-392,206
2019 $14,211,576 $15,489,132 $36,714,299 $-1,277,556
2018 $13,808,268 $14,917,485 $38,582,188 $-1,109,217
Explore More Nonprofits
Top 100 Nonprofits in North Dakota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Southwest Healthcare Services with other nonprofits in North Dakota and across the country.