FREELAND, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MICHIGAN HEALTH IMPROVEMENT ALLIANCE, founded in 2011, is a small nonprofit in the Health Care sector that reported $549K in total revenue in fiscal year 2023. Revenue fell 64% from the prior year — a significant decline worth monitoring. Expenses of $1.4M exceeded revenue, resulting in a 162% operating deficit.
TO IMPROVE THE HEALTH OF PEOPLE WITHIN OUR REGION THROUGH EFFECTIVE USE OF INFORMATION AND COLLARBORATION TO ESTABLISH OUR REGION AS A COMMUNITY OF HEALTH EXCELLENCE THROUGH A COMPREHENSIVE FOCUS ON POPULATION HEALTH, PATIENT EXPERIENCE, COST OF CARE, AND PROVIDER WELLBEING.
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 | $548,824 | $1,515,933 | -0.6% |
| Expenses | $1,439,767 | $1,679,436 | -0.1% |
| Net Income | $-890,943 | $-163,503 | +4.4% |
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 |
|---|---|---|---|---|---|---|
| REVEREND CRAIG TATUM | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOEL STRASZ | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| GEORGE AULTMAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| AUGUSTINE OSAGIE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| PAUL BERG | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KATHY DOLLARD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SARAH KILE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DAN SCHEFFER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| GEORGE KIKANO | VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ANGELIA WILLIAMS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| WAYNE HOFMANN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JESSICA YODER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MAUREEN DONKER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MARCIA MASTRACCI DITMYER | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| HURLEY COLEMAN III | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID BROWN | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CATHERINE BAASE MD | CHAIR EMERITA | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KEVIN ALBOSTA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ANDREAS TEICH | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| TOM VEVERKA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BRENDA COUGHLIN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SHERI LEAMAN-CASE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| TOM MASTERSON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MARY GREELEY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ERIN EMERSON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KIMBERLY HORNE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MONICA REYES | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MADHURA MANSABDAR | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| HEIDI TRACY | CHIEF EXECUTIVE OFFICER | 40.00 |
Officer
|
$148,026 | $0 | $148,026 |
| MARK KATO | CHIEF OPERATIONS OFFICER | 40.00 |
Officer
|
$125,000 | $0 | $125,000 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $548,824 | $1,439,767 | $762,600 | $-890,943 |
| 2022 | $1,515,933 | $1,679,436 | $1,662,957 | $-163,503 |
| 2021 | $1,446,604 | $1,562,889 | $1,879,116 | $-116,285 |
| 2020 | $1,456,216 | $1,208,281 | $1,995,795 | $247,935 |
| 2019 | $1,319,582 | $759,255 | $1,678,665 | $560,327 |
| 2018 | $1,041,185 | $519,656 | $1,095,003 | $521,529 |
Compare MICHIGAN HEALTH IMPROVEMENT ALLIANCE with other nonprofits in Michigan and across the country.