WESTERN COLORADO HEALTHCARE ALLIAN… - Form 990 Financial Data

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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

1990

Legal Domicile

Principal Officer

ANGELINA SALAZAR

Phone

9702458138

Tax Period

2024-01-01 to 2024-12-31

WESTERN COLORADO HEALTHCARE ALLIANCE, founded in 1990, is a community nonprofit in the Education sector that reported $3.5M in total revenue in fiscal year 2024. Expenses of $3.4M left a modest 3% surplus.

Mission

TO HELP RURAL PROVIDERS WITH COLLABORATIVE SOLUTIONS AND RESOURCES FOCUSING ON RURAL HEALTHCARE.

Program Service Accomplishments

Program 1

Expenses: $1,820,049 Revenue: $2,251,199

WESTERN HEALTHCARE ALLIANCE (WHA) SUPPORTS MEMBERS TRANSITIONING TO VALUE- BASED CARE THROUGH THE COMMUNITY CARE ALLIANCE. THE COMMUNITY CARE ALLIANCE IS DEDICATED TO CREATING SOLUTIONS THAT ENSURE QUALITY PATIENT OUTCOMES AS HEALTHCARE PROVIDERS SHIFT TOWARDS A REIMBURSEMENT MODEL FOCUSED ON INCREASING VALUE WHILE LOWERING COST. THROUGH WESTERN ACCOUNTABLE CARE ORGANIZATION, THE COMMUNITY CARE ALLIANCE OVERSEES CARE COORDINATION SUPPORT FOR APPROXIMATELY 18,500 ATTRIBUTABLE PATIENTS.

Program 2

Expenses: $1,041,675 Revenue: $675,432

WHA IS AN ASSOCIATION OF 30 RURAL HOSPITALS AND HEALTHCARE PARTNERS WORKING COLLABORATIVELY TO KEEP HEALTHCARE LOCAL AND SUSTAINABLE. WHA SUPPORTS ITS MEMBERS BY PROVIDING AN ARRAY OF SERVICES SUCH AS GROUP PURCHASING, FACILITATING PEER NETWORK GROUPS, LEADERSHIP EDUCATION & TRAINING, WORKFORCE STRATEGY CONSULTATION, AND VENDOR RESOURCE SUPPORT. THE MAJORITY OF WHA MEMBERS ARE LOCATED IN RURAL AREAS OF WESTERN COLORADO.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $518,078

Program Service Revenue $2,926,631

Investment Income $9,970

Other Revenue $56,077

TOTAL REVENUE $3,510,756

Expense Breakdown

Grants Paid $6,000

Salaries & Benefits $2,300,921

Fundraising Expenses $0

Program Expenses $2,861,724

Other Expenses $1,081,437

TOTAL EXPENSES $3,388,358

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,510,756	$3,396,706	+0.0%
Expenses	$3,388,358	$3,211,168	+0.1%
Net Income	$122,398	$185,538	-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

Governance

Voting Members

Independent Members

Employees

N/A

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

$417,722

Total Directors

Key Employees

$267,942

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANGELINA SALAZAR	CEO	40.00	Officer	$229,209	$30,922	$260,131
TOM NORTHEY	CINO	20.00	Key Emp	$209,448	$58,494	$267,942
VONNA FUNK	DIRECTOR OF	20.00	Officer	$133,365	$24,226	$157,591
RHONDA WEBB	CHAIR	4.00	Officer Director	$0	$0	$0
ROBERT MORASKO	VICE CHAIR	3.00	Officer Director	$0	$0	$0
JOE THIENE	SECRETARY/TR	2.00	Officer Director	$0	$0	$0
CHRIS THOMAS	DIRECTOR	2.00	Director	$0	$0	$0
JEFF MENGENHAUSEN	DIRECTOR	2.00	Director	$0	$0	$0
KYLE WREN	DIRECTOR	2.00	Director	$0	$0	$0
WILL COOK	DIRECTOR	2.00	Director	$0	$0	$0
KORREY KLEIN	DIRECTOR	2.00	Director	$0	$0	$0
JENNIFER RILEY	DIRECTOR	2.00	Director	$0	$0	$0
DAVE RESSLER	DIRECTOR	2.00	Director	$0	$0	$0
JIM COOMBS	DIRECTOR	2.00	Director	$0	$0	$0

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	$3,510,756	$3,388,358	$3,016,515	$122,398
2023	$3,396,706	$3,211,168	$2,748,040	$185,538
2022	$3,021,767	$3,162,177	$2,623,390	$-140,410
2021	$2,711,413	$3,160,009	$2,823,114	$-448,596
2020	$2,749,267	$2,883,413	$3,154,168	$-134,146
2019	$3,131,577	$2,962,209	$3,388,304	$169,368
2018	$5,209,700	$4,786,807	$3,130,217	$422,893

WESTERN COLORADO HEALTHCARE ALLIANCE