WEST DES MOINES, IA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HEARTLAND HEALTH ACO INC, founded in 2018, is a micro nonprofit that reported $59K in total revenue in fiscal year 2023. Revenue fell 76% from the prior year — a significant decline worth monitoring.
1. TO PROMOTE AND PROVIDE ACCESS TO COST-EFFECTIVE AND EFFICIENT DELIVERY OF HEALTH CARE SERVICES TO PEOPLE LIVING OR WORKING IN IOWA AND/OR NEBRASKA; 2. TO DEVELOP AND IMPLEMENT EFFECTIVE METHODS AND MEASURES TO PROMOTE THE PROPER UTILIZATION OF HEALTH CARE SERVICES BY PROVIDERS AND BY PEOPLE LIVING OR WORKING IN IOWA AND/OR NEBRASKA; 3. TO DEVELOP AND IMPLEMENT EFFECTIVE METHODS AND MEASURES TO IMPROVE THE QUALITY OF HEALTH CARE SERVICES FOR PEOPLE LIVING OR WORKING IN IOWA AND/OR NEBRASKA; 4. TO DEVELOP AN ORGANIZATION IN WHICH AND WITH WHICH PHYSICIANS AND OTHER HEALTH CARE PROVIDERS CAN WORK COOPERATIVELY TO OFFER COST-EFFECTIVE AND EFFICIENT DELIVERY OF AND ACCESS TO HEALTH SERVICES TO PEOPLE LIVING OR WORKING IN IOWA AND/OR NEBRASKA, INCLUDING BUT NOT LIMITED TO OFFERING TO CONTRACT FOR HEALTH CARE SERVICES ON THE BASIS OF FINANCIAL OR OTHER RISK SHARING; 5. TO MARKET ONE OR MORE COMPETITIVE HEALTH DELIVERY PLANS OR PROGRAMS TO SERVE EMPLOYERS AND PEOPLE LIVING OR WORKING IN IOWA AND/OR NEBRASKA; 6. TO PROVIDE A MEANS BY WHICH PHYSICIANS AND OTHER HEALTH CARE PROVIDERS IN IOWA AND/OR NEBRASKA CAN MEET THE NEEDS OF PEOPLE LIVING OR WORKING IN IOWA AND/OR NEBRASKA FOR HEALTH CARE IN A CHANGING HEALTH CARE SYSTEM; 7. TO CONDUCT ANY AND ALL BUSINESS ACTIVITIES RELATED TO OR BENEFICIAL TO ONE OR MORE OF ITS OTHER CORPORATE PURPOSES. 8. TO HAVE AND TO EXERCISE ANY AND ALL POWERS, RIGHTS, PRIVILEGES WHICH A CORPORATION ORGANIZED UNDER CHAPTER 504 OF THE CODE OF IOWA MAY NOW OR HEREAFTER HAVE OR EXERCISE.
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 | $58,664 | $243,358 | -0.8% |
| Expenses | $59,832 | $249,858 | -0.8% |
| Net Income | $-1,168 | $-6,500 | -0.8% |
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 |
|---|---|---|---|---|---|---|
| GEORGE KAPPOS MD | VOTING MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| ARLINDA MCKEEN | VOTING MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| KEVIN DE REGNIER DO | VOTING MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL WOODS MD | VICE PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| BARRY JACOBSEN | VOTING MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| ERIC MILLER | VOTING MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| PAUL DUDLEY | VOTING MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| KEVIN DERONDE | VOTING MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2023 | $58,664 | $59,832 | No data | $-1,168 |
| 2022 | $243,358 | $249,858 | $9,483 | $-6,500 |
| 2021 | $274,061 | $279,461 | $39,723 | $-5,400 |
| 2020 | $288,722 | $313,722 | $45,144 | $-25,000 |
| 2019 | $129,852 | $129,832 | $25,847 | $20 |
Compare HEARTLAND HEALTH ACO INC with other nonprofits in Iowa and across the country.