Crete Area Medical Center

🔒

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

Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Phone

4024811111

Tax Period

2023-01-01 to 2023-12-31

Crete Area Medical Center, founded in 2001, is a mid-sized nonprofit in the Health Care sector that reported $35.9M in total revenue in fiscal year 2023. Expenses of $31.2M left a modest 13% surplus.

Mission

CRETE AREA MEDICAL CENTER'S (CAMC) MISSION IS TO ADVANCE THE HEALTH OF THE COMMUNITIES AND REGION WE SERVE, THROUGH COLLABORATION, PREVENTION, INNOVATION, AND EXCEPTIONAL CARE. CAMC'S VISION IS TO ELEVATE QUALITY OF LIFE THROUGH BETTER HEALTH. CAMC IS COMMITTED TO THE FOLLOWING FUNDAMENTAL BELIEFS: INTEGITY - OUR FOUNDATION; SERVICE - OUR STANDARD; EXCELLENCE - OUR DISTINCTION; COLLABORATION - OUR INVESTMENT; AND LEADERSHIP - OUR FUTURE.

Program Service Accomplishments

Program 1

Expenses: $29,205,850 Revenue: $33,877,826

CRETE AREA MEDICAL CENTER ("CAMC") IS A PART OF BRYAN HEALTH. CAMC, LOCATED IN CRETE, NEBRASKA, IS A NEBRASKA NONPROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS RECEIVED DETERMINATION THAT IT IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE IN ORDER TO PROVIDE HEALTH CARE SERVICES. CAMC WAS INCORPORATED IN APRIL 2001 AND OPERATES A 15-LICESED BED CRITICAL ACCESS HOSPITAL AND THREE PHYSICIAN CLINICS SERVING PATIENTS AND RESIDENTS PRINCIPALLY FROM SALINE AND LANCASTER COUNTIES. DURING THE YEAR ENDING DECEMBER 31, 2023, CAMC PROVIDED INPATIENT ACUTE, SWING BED AND NURSERY SERVICES TO 221 PATIENTS. CAMC PERFORMED 813 SURGICAL PROCEDURES AND PROVIDED PRIMARY CARE PHYSICIAN SERVICES WITH 27,442 VISITS. IN 2023, CAMC ALSO PROVIDED CHARITY CARE TO 859 PATIENTS AND SERVICED 1,947 MEDICAID 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $440,074

Program Service Revenue $33,877,826

Investment Income $714,982

Other Revenue $897,432

TOTAL REVENUE $35,930,314

Expense Breakdown

Grants Paid $0

Salaries & Benefits $18,447,105

Fundraising Expenses $0

Program Expenses $29,205,850

Other Expenses $12,799,780

TOTAL EXPENSES $31,246,885

Year-over-Year Comparison

	2023	2022	Change
Revenue	$35,930,314	$33,446,526	+0.1%
Expenses	$31,246,885	$30,134,004	+0.0%
Net Income	$4,683,429	$3,312,522	+0.4%

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

Governance

Voting Members

Independent Members

Employees

211

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

$1,654,373

Total Directors

$1,935,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	CHAIR	1.0	Officer Director	$0	$61,926	$497,853
N/A	VICE CHAIR	1.0	Officer Director	$0	$0	$0
N/A	SECRETARY	1.0	Officer Director	$0	$0	$0
N/A	TREASURER	1.0	Officer Director	$0	$42,388	$598,977
N/A	PRESIDENT/CEO CRETE AREA MEDICAL CENTER	50.0	Officer Director	$329,619	$42,371	$371,990
N/A	DIRECTOR	1.0	Director	$0	$0	$0
N/A	PHYSICIAN/EX-OFFICIO MEMBER	50.0	Director	$449,875	$16,805	$466,680
N/A	DIRECTOR	1.0	Director	$0	$0	$0
N/A	CFO - CRETE AREA MEDICAL CENTER	50.0	Officer	$162,202	$23,351	$185,553
N/A	PHYSICIAN	50.0	Highest	$312,870	$46,694	$359,564
N/A	PHYSICIAN	50.0	Highest	$385,905	$44,250	$430,155
N/A	PHYSICIAN	50.0	Highest	$335,864	$51,310	$387,174
N/A	PHYSICIAN	50.0	Highest	$359,376	$49,632	$409,008
N/A	PHYSICIAN	50.0	Highest	$381,276	$49,248	$430,524

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	$35,930,314	$31,246,885	$54,729,424	$4,683,429
2022	$33,446,526	$30,134,004	$50,272,708	$3,312,522
2021	$33,009,818	$27,316,310	$47,488,774	$5,693,508
2020	$31,290,646	$24,555,540	$40,884,763	$6,735,106
2019	$26,479,416	$23,518,158	$30,332,337	$2,961,258
2018	$26,886,547	$24,066,878	$26,917,066	$2,819,669