Christian Healthcare Centers Inc

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2015

Legal Domicile

Principal Officer

Mark Blocher

Phone

6162262669

Tax Period

2024-01-01 to 2024-12-31

Christian Healthcare Centers Inc, founded in 2015, is a community nonprofit in the Health Care sector that reported $2.7M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $2.4M left a modest 10% surplus.

Mission

Christian Healthcare Centers provides affordable, quality and comprehensive healthcare services to the body of Christ and the community.

Program Service Accomplishments

Program 1

Expenses: $2,009,445 Revenue: $2,406,972

In 2024, Christian Healthcare Centers provided direct primary medical services to patients from 45 Michigan counties and 21 states from two locations Grand Rapids and Newaygo, MI. At the end of 2024, CHC had 3,434 active members/patients. The organization employs nine licensed medical providers. Through CHCs MemberCare Assistance Program, several hundred uninsured, under-served individuals and households received services at little or no cost. CHC Newaygo operates in one of Michigans most medically underserved counties, which is predominantly rural and, due to a shortage of medical services, residents are forced to drive longer distances to access care. CHCs presence has alleviated some of this need.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $205,170

Program Service Revenue $2,406,972

Investment Income $17,849

Other Revenue $40,525

TOTAL REVENUE $2,670,516

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,538,277

Fundraising Expenses $84,703

Program Expenses $2,009,445

Other Expenses $864,818

TOTAL EXPENSES $2,403,095

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,670,516	$2,899,516	-0.1%
Expenses	$2,403,095	$2,368,865	+0.0%
Net Income	$267,421	$530,651	-0.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

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

$217,040

Total Directors

$376,224

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jeffrey Woo	Director	40.00	Director	$159,184	$0	$159,184
Rebecca Huizen	Pediatrician	40.00	Highest	$128,934	$0	$128,934
Mark Blocher	PresidentCEO	40.00	Officer Director	$117,856	$0	$117,856
Brian Aenis	Secretary	40.00	Officer Director	$99,184	$0	$99,184
Ted Pittenger	Director	1.00	Director	$0	$0	$0
Brian Heller	Director	1.00	Director	$0	$0	$0
David Smies	Director	1.00	Director	$0	$0	$0
Terry Baugh	Director	1.00	Director	$0	$0	$0
David Byker	Treasurer	2.00	Officer Director	$0	$0	$0
Randall Hekman	Vice President	2.00	Officer Director	$0	$0	$0

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	$2,670,516	$2,403,095	$2,696,416	$267,421
2023	$2,899,516	$2,368,865	$2,460,177	$530,651
2022	$2,003,999	$2,157,492	$1,534,649	$-153,493
2021	$1,931,808	$1,447,883	$1,035,037	$483,925
2020	$1,483,654	$1,414,695	$704,156	$68,959
2019	$1,436,722	$1,204,243	$571,667	$232,479
2019	$1,436,722	$1,204,243	$571,667	$232,479
2018	$955,878	$1,050,331	$446,765	$-94,453