Riverview Estates Inc

EIN: 480817819 501(c)(3) Health Care

Marquette, KS

Total Revenue
$3,348,188
Total Expenses
$3,341,395
Total Assets
$740,315
Net Assets
$284,194
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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
1974
Legal Domicile
KS
Principal Officer
Ken Hedberg
Phone
7855462211
Tax Period
2023-07-01 to 2024-06-30

Riverview Estates Inc, founded in 1974, is a community nonprofit in the Health Care sector that reported $3.3M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

To provide nursing care to residents The organizations owns and operates an intermediate care nursing facility for the elderly and disabled.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $117,426
Program Service Revenue $3,227,212
Investment Income $3,550
Other Revenue $0
TOTAL REVENUE $3,348,188

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,052,215
Fundraising Expenses $0
Program Expenses $2,640,762
Other Expenses $1,289,180
TOTAL EXPENSES $3,341,395

Year-over-Year Comparison

2023 2022 Change
Revenue $3,348,188 $3,082,219 +0.1%
Expenses $3,341,395 $3,143,433 +0.1%
Net Income $6,793 $-61,214 -1.1%
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

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Governance

Voting Members
5
Independent Members
5
Employees
81
Volunteers
N/A

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
4
$89,371
Total Directors
5
$0
Key Employees
1
$89,371
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ken Hedberg President 2.00
Officer Director
$0 $0 $0
James Mayfield Vice President 2.00
Officer Director
$0 $0 $0
Susan Buffington Secretary 2.00
Officer Director
$0 $0 $0
Sherri Knight Director 2.00
Director
$0 $0 $0
Mike Hulse Director 2.00
Director
$0 $0 $0
Shiland Williams Administrator 40.00
Officer Key Emp
$89,371 $0 $89,371
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
2025 No data No data No data No data
2024 $3,348,188 $3,341,395 $740,315 $6,793
2023 $3,082,219 $3,143,433 $881,713 $-61,214
2022 $2,595,941 $2,842,914 $844,751 $-246,973
2021 $2,751,058 $2,505,307 $1,006,457 $245,751
2020 $2,384,891 $2,388,783 $1,121,599 $-3,892
2019 $2,402,748 $2,352,229 $643,985 $50,519
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