HENDERSON COUNTY HEALTH CARE CORPORATION (EIN 610840573) - Form 990 Financial Analysis & Trantor Score

🔒

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

1973

Legal Domicile

Principal Officer

TIM WILLIAMS

Phone

2708266423

Tax Period

2024-07-01 to 2025-06-30

HENDERSON COUNTY HEALTH CARE CORPORATION, founded in 1973, is a mid-sized nonprofit in the Health Care sector that reported $18.0M in total revenue in fiscal year 2024. Expenses of $17.0M left a modest 6% surplus.

Mission

PROVIDE QUALITY CARE AND SERVICES FOR THE AGED IN THEIR NURSING FACILITY AND APARTMENTS.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $17,171,134

Investment Income $862,808

Other Revenue $-32,280

TOTAL REVENUE $18,001,662

Expense Breakdown

Grants Paid $0

Salaries & Benefits $10,150,504

Fundraising Expenses $0

Program Expenses $15,533,327

Other Expenses $6,844,844

TOTAL EXPENSES $16,995,348

Year-over-Year Comparison

	2024	2023	Change
Revenue	$18,001,662	$18,504,236	0.0%
Expenses	$16,995,348	$17,166,168	0.0%
Net Income	$1,006,314	$1,338,068	-0.2%

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

320

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

$271,011

Total Directors

$46,800

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHARI NEWTON	EXECUTIVE DIRECTOR	40.00	Officer	$211,642	$35,069	$246,711
FRANK CHAMBERLAIN	TREASURER	2.50	Officer Director	$9,300	$0	$9,300
TIM WILLIAMS	CHAIRMAN	5.00	Officer Director	$7,500	$0	$7,500
MAURICE FORKER	BOARD MEMBER	2.00	Director	$7,500	$0	$7,500
ERIC BROWN	SECRETARY	2.00	Officer Director	$7,500	$0	$7,500
LEON POINDEXTER	BOARD MEMBER	2.00	Director	$7,500	$0	$7,500
LUKE MAURER	BOARD MEMBER	2.00	Director	$7,500	$0	$7,500

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	$18,001,662	$16,995,348	$23,330,514	$1,006,314
2024	$18,504,236	$17,166,168	$22,849,948	$1,338,068
2023	$14,441,397	$15,979,723	$20,300,681	$-1,538,326
2022	$14,826,230	$15,257,804	$21,606,323	$-431,574
2021	$16,088,741	$14,896,411	$22,664,622	$1,192,330
2020	$17,983,303	$16,880,306	$22,401,139	$1,102,997
2019	$15,916,234	$16,883,743	$20,835,327	$-967,509

HENDERSON COUNTY HEALTH CARE CORPORATION