DES MOINES, IA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)IOWA RURAL HEALTH TELECOMMUNICATIONS PROGRAM, founded in 2013, is a community nonprofit in the Community Improvement sector that reported $2.8M in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year.
THE PURPOSE OF THE IOWA RURAL HEALTH TELECOMMUNICATIONS PROGRAM (IRHTP) IS TO IMPROVE EQUITY, ACCESS, QUALITY, SECURITY AND EFFICIENCY OF MEDICAL SERVICES, ESPECIALLY IN RURAL IOWA, THROUGH THE USE OF VARIOUS TELEHEALTH AND TELMEDICINE APPLICATIONS.THE IRHTP IS A JOINT EFFORT CONSISTING OF A CONSORTIUM OF HOSPITALS AND THE IOWA COMMUNICATIONS NETWORK (ICN) WITH THE PURPOSE TO CONNECT WILLING IOWA HOSPITALS AND HOSPITALS IN SURROUNDING STATES TO A DEDICATED BROADBAND FIBER NETWORK USING EXISTING ICN INFRASTRUCTURE.THROUGH AN AGREEMENT WITH THE ICN FOR ADMINISTRATION, OPERATION AND MAINTENANCE OF THE DEDICATED NETWORK, USE OF THE NETWORK WILL BE INITIATED BY HOSPITALS CONTRACTING WITH THE ICN FOR BROADBAND SERVICE. THE COST OF MAINTAINING THE NEW LAST MILE FIBER CONNECTIONS, NETWORK ELECTRONINCS AND CO-LOCATION FEES, AND WAVELENGTH SERVICE FEES WILL BE COVERED BY STANDARDIZED MONTHLY CONNECTION AND BANDWIDTH FEES.
THE IOWA RURAL HEALTH TELECOMMUNICATIONS PROGRAM (IRHTP) RECEIVES PAYMENTS FROM IRHTP MEMBERS THAT ARE USED TO FUND ONGOING NETWORK OPERATION AND MAINTENANCE, FUTURE REPLACEMENT OF NETWORK EQUIPMENT...
THE IOWA RURAL HEALTH TELECOMMUNICATIONS PROGRAM (IRHTP) RECEIVES PAYMENTS FROM IRHTP MEMBERS THAT ARE USED TO FUND ONGOING NETWORK OPERATION AND MAINTENANCE, FUTURE REPLACEMENT OF NETWORK EQUIPMENT, OPERATION OF THE ORGANIZATION AND CIRCUIT FEES.
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 | $2,756,272 | $2,943,241 | -0.1% |
| Expenses | $2,745,809 | $2,879,993 | 0.0% |
| Net Income | $10,463 | $63,248 | -0.8% |
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 |
|---|---|---|---|---|---|---|
| MATT SELLS | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| VERONICA FUHS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BRYAN HUNGER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KENT SONA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JEFF CASH | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ROB FRIEDEN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| GARY DAVIS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LEE CARMEN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| COREY MARTIN | EXECUTIVE DIRECTOR | 8.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $2,756,272 | $2,745,809 | $3,705,492 | $10,463 |
| 2022 | $2,943,241 | $2,879,993 | $3,456,706 | $63,248 |
| 2021 | $3,108,811 | $2,999,503 | $3,251,673 | $109,308 |
| 2020 | $3,513,101 | $3,396,194 | $2,351,777 | $116,907 |
| 2019 | $3,652,872 | $3,530,605 | $1,979,394 | $122,267 |
| 2018 | $5,264,279 | $5,125,575 | $2,283,931 | $138,704 |
Compare IOWA RURAL HEALTH TELECOMMUNICATIONS PROGRAM with other nonprofits in Iowa and across the country.