Manchester, NH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)GraniteOne Health, founded in 2016, is a micro nonprofit in the Health Care sector that reported $55K in total revenue in fiscal year 2023. Revenue fell 65% from the prior year — a significant decline worth monitoring.
Our mission is to provide accessible, patient-centered, high quality care to our communities through exceptional collaboration and integration across the continuum of health.
GraniteOne Health operated exclusively to benefit three publicly supported 501(c)(3) New Hampshire hospitals: Catholic Medical Center in Manchester, Huggins Hospital in Wolfeboro, and Monadnock...
GraniteOne Health operated exclusively to benefit three publicly supported 501(c)(3) New Hampshire hospitals: Catholic Medical Center in Manchester, Huggins Hospital in Wolfeboro, and Monadnock Community Hospital in Peterborough. Its principal purposes in support of these hospitals were to promote savings, improve efficiencies, and enhance patient care services. During the period covered by this Form 990, GraniteOne Health's supported hospitals elected to dissociate from and ultimately dissolve the Organization. Since that election occurred, GraniteOne Health's operations consisted of administrative wind-down procedures and transferring remaining net assets to the supported organizations.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $55,000 | $158,402 | -0.7% |
| Expenses | $55,620 | $155,506 | -0.6% |
| Net Income | $-620 | $2,896 | -1.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Alexander J Walker Esq | Trustee/COO/CMC CEO | 0.10 |
Director
|
$0 | $351,171 | $1,068,695 |
| Cynthia K McGuire FACHE | Trustee/MCH CEO | 0.10 |
Director
|
$0 | $52,064 | $487,327 |
| Jeremy S Roberge CPA | Trustee/HH CEO | 0.10 |
Director
|
$0 | $37,533 | $444,133 |
| Andy Crews | Trustee | 0.30 |
Director
|
$0 | $0 | $0 |
| Leslie NH MacLeod | Trustee | 0.10 |
Director
|
$0 | $0 | $0 |
| Maria C Mongan | Trustee | 0.10 |
Director
|
$0 | $0 | $0 |
| Marcia Ober | Trustee | 0.10 |
Director
|
$0 | $0 | $0 |
| Rick Botnick | Chair | 0.10 |
Officer
Director
|
$0 | $0 | $0 |
| Joseph Graham | Vice Chair | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Marie McKay CPA | Treasurer | 0.10 |
Officer
Director
|
$0 | $0 | $0 |
| Matthew Albuquerque | Secretary | 0.10 |
Officer
Director
|
$0 | $0 | $0 |
| Pamela Martel | Executive VP & CFO | 0.00 |
Officer
|
$0 | $19,006 | $364,196 |
| Edward L Dudley III | Former Executive VP & CFO | 0.00 |
|
$0 | $132,010 | $291,017 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $55,000 | $55,620 | $506,198 | $-620 |
| 2023 | $158,402 | $155,506 | $1,006,018 | $2,896 |
| 2022 | $2,237,816 | $2,237,816 | $1,024,266 | No data |
| 2021 | $8,160,739 | $8,160,739 | $1,202,880 | No data |
| 2020 | $4,211,375 | $4,197,540 | $6,721,882 | $13,835 |
| 2019 | $3,423,954 | $3,433,315 | $2,951,154 | $-9,361 |
| 2018 | $462,927 | $450,926 | $312,930 | $12,001 |
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