HEARTLAND MEDICAL CLINIC INC

EIN: 481221800 501(c)(3) Health Care

LAWRENCE, KS

Total Revenue
$26,077,808
Total Expenses
$26,633,795
Total Assets
$22,516,656
Net Assets
$7,837,936
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
KS
Principal Officer
JULIE BRANSTROM
Phone
7858417297
Tax Period
2024-05-01 to 2025-04-30

HEARTLAND MEDICAL CLINIC INC, founded in 2002, is a mid-sized nonprofit in the Health Care sector that reported $26.1M in total revenue in fiscal year 2024.

Mission

PROVIDE ACCESS TO QUALITY HEALTH CARE FOR UNDERSERVED COMMUNITY MEMBERS WITHIN ITS SERVICE AREA.

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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 (2024)

Revenue Breakdown

Contributions & Grants $5,842,925
Program Service Revenue $20,115,373
Investment Income $69,357
Other Revenue $50,153
TOTAL REVENUE $26,077,808

Expense Breakdown

Grants Paid $0
Salaries & Benefits $16,939,750
Fundraising Expenses $97,561
Program Expenses $18,754,213
Other Expenses $9,694,045
TOTAL EXPENSES $26,633,795

Year-over-Year Comparison

2024 2023 Change
Revenue $26,077,808 $24,205,068 +0.1%
Expenses $26,633,795 $22,917,915 +0.2%
Net Income $-555,987 $1,287,153 -1.4%
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
12
Independent Members
12
Employees
290
Volunteers
12

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
6
$352,832
Total Directors
12
$0
Key Employees
3
$644,373
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANNE OWEN SECRETARY 1.00
Officer Director
$0 $0 $0
DENNIS BALLARD BOARD CHAIR 1.00
Officer Director
$0 $0 $0
DONI MOOBERRY TREASURER 1.00
Officer Director
$0 $0 $0
HATEM CHAHINE BOARD MEMBER 1.00
Director
$0 $0 $0
JIM MOORE BOARD MEMBER 1.00
Director
$0 $0 $0
KEVYN GYRO BOARD MEMBER 1.00
Director
$0 $0 $0
LAURA CANELOS RAMON BOARD MEMBER 1.00
Director
$0 $0 $0
LETICIA GRADINGTON BOARD MEMBER 1.00
Director
$0 $0 $0
PAULA MARTIN VICE CHAIR 1.00
Officer Director
$0 $0 $0
QUINTEN RIALS BOARD MEMBER 1.00
Director
$0 $0 $0
SUSAN THOMAS BOARD MEMBER 1.00
Director
$0 $0 $0
WILL ANDERSON BOARD MEMBER 1.00
Director
$0 $0 $0
JULIE BRANSTROM CHIEF EXECUTIVE OFFICER 40.00
Officer
$194,030 $14,727 $208,757
REGINA OXFORD CHIEF FINANCIAL OFFICER 40.00
Officer
$121,669 $22,406 $144,075
BRITTANY WESSELS DIRECTOR OF PHARMACY 40.00
Key Emp
$157,564 $21,417 $178,981
LUKE MUELLER MD/FAMILY MEDICINE 40.00
Key Emp
$190,253 $31,322 $221,575
MOLLIE KNIPP DAY CHIEF DENTAL OFFICER 40.00
Key Emp
$226,448 $17,369 $243,817
BETH RUNDQUIST MD/PEDIATRICIAN 40.00
Highest
$324,511 $35,700 $360,211
JUSTIN GOODNIGHT MD/PEDIATRICIAN 40.00
Highest
$288,127 $33,093 $321,220
KRISTA WHITNEY MD/PEDIATRICIAN 40.00
Highest
$233,947 $32,205 $266,152
MARSHALL KELLEY MD/PEDIATRICIAN 40.00
Highest
$317,614 $34,076 $351,690
NICHOLAS EVANGELIDIS CHILD AND ADOLESCENT PSYCHIATRIST 40.00
Highest
$339,365 $28,562 $367,927
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 $26,077,808 $26,633,795 $22,516,656 $-555,987
2024 $24,205,068 $22,917,915 $22,307,402 $1,287,153
2023 $21,523,351 $19,587,259 $20,743,035 $1,936,092
2022 $18,093,760 $16,703,474 $6,879,487 $1,390,286
2021 $13,221,664 $10,675,879 $5,445,115 $2,545,785
2020 $7,246,591 $7,041,322 $2,025,395 $205,269
2019 $7,403,003 $7,331,479 $1,747,392 $71,524
2018 $6,095,773 $5,594,384 $1,911,679 $501,389
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