HANCOCK HEALTH GATEWAY SERVICES INC

EIN: 831904165 501(c)(3) Health Care

GREENFIELD, IN

Total Revenue
$3,805,339
Total Expenses
$5,333,483
Total Assets
$1,593,944
Net Assets
$-8,528,713
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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
2018
Legal Domicile
IN
Principal Officer
JENNIFER STANLEY
Phone
3178667300
Tax Period
2024-01-01 to 2024-12-31

HANCOCK HEALTH GATEWAY SERVICES INC, founded in 2018, is a community nonprofit in the Health Care sector that reported $3.8M in total revenue in fiscal year 2024. Revenue surged 20% from the prior year, signaling strong growth momentum. Expenses of $5.3M exceeded revenue, resulting in a 40% operating deficit.

Mission

A VISION OF HEALTHFUL LIVING POWERED BY THE PEOPLE OF HANCOCK COUNTY, GATEWAY HANCOCK HEALTH OFFERS CONVENIENT, HIGH-QUALITY IMMEDIATE CARE, AND AFFORDABLE LABS AND IMAGING.

Program Service Accomplishments

Program 1
Expenses: $5,333,483 Revenue: $3,805,339

PROVIDE HIGH QUALITY, AFFORDABLE HEALTH CARE SERVICES FOR THE BENEFIT OF RESIDENTS AND VISITORS TO HANCOCK COUNTY, INDIANA AND ITS SURROUNDING AREAS.

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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 $0
Program Service Revenue $3,805,111
Investment Income $0
Other Revenue $228
TOTAL REVENUE $3,805,339

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $5,333,483
Other Expenses $5,333,483
TOTAL EXPENSES $5,333,483

Year-over-Year Comparison

2024 2023 Change
Revenue $3,805,339 $3,164,409 +0.2%
Expenses $5,333,483 $5,218,610 +0.0%
Net Income $-1,528,144 $-2,054,201 -0.3%
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
7
Independent Members
N/A
Employees
N/A
Volunteers
1

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
3
$534,105
Total Directors
7
$1,162,546
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRIAN MUCKERHEIDE PRESIDENT 0.50
Officer Director
$0 $35,947 $251,884
LISA WOOD SECRETARY 0.50
Officer Director
$0 $23,108 $162,335
JANET STRAUCH TREASURER 0.50
Officer Director
$0 $15,974 $119,886
JASON WELLS BOARD MEMBER 0.50
Director
$0 $35,363 $170,431
MARY ALLISON TUSING BOARD MEMBER 0.50
Director
$0 $15,363 $132,457
JENN WELLS BOARD MEMBER 0.50
Director
$0 $10,160 $178,760
ROB MATT BOARD MEMBER 0.50
Director
$0 $10,424 $146,793
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
2024 $3,805,339 $5,333,483 $1,593,944 $-1,528,144
2023 $3,164,409 $5,218,610 $2,188,932 $-2,054,201
2022 $2,705,961 $5,232,113 $1,941,651 $-2,526,152
2021 $2,330,826 $4,907,994 $2,607,180 $-2,577,168
2020 $1,074,128 $4,319,014 $2,667,932 $-3,244,886
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