KALAMAZOO, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)RIDGE CREEK AT HERITAGE, founded in 2019, is a community nonprofit in the Human Services sector that reported $4.9M in total revenue in fiscal year 2024. Expenses of $6.4M exceeded revenue, resulting in a 31% operating deficit.
PROVIDE HOUSING AND HEALTHCARE TO RESIDENTS IN AN INDEPENDENT LIVING APARTMENT FACILITY.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $4,864,762 | $4,636,470 | +0.0% |
| Expenses | $6,391,282 | $6,178,166 | +0.0% |
| Net Income | $-1,526,520 | $-1,541,696 | 0.0% |
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 |
|---|---|---|---|---|---|---|
| RACHEL OLMSTED | CFO | 1 |
Officer
|
$0 | $5,007 | $230,509 |
| PAUL BARBER | COO | 1 |
Officer
|
$0 | $14,604 | $219,900 |
| LINDSAY MORSE | DIRECTOR OF HEALTH SERVICES | 0 |
Key Emp
|
$0 | $11,273 | $166,974 |
| MATTHEW SHANKLE | VICE PRESIDENT OF MARKETING & SALES | 1 |
Officer
|
$0 | $14,604 | $163,634 |
| KATHRYL BOWEN | RN, UPJOHN | 0 |
Highest
|
$0 | $0 | $140,746 |
| AMY BARNES | CFO | 1 |
Officer
|
$0 | $14,604 | $135,679 |
| JENNIFER PIOTROWICZ | VICE PRESIDENT HUMAN RESOURCES | 1.00 |
Officer
|
$0 | $0 | $132,882 |
| BELINDA JANSON | CNA UPJOHN | 0 |
Highest
|
$0 | $5,725 | $132,339 |
| HEATHER RENTER | SR DIRECTOR OF RESIDENT LIFE AND THE MCLC | 0 |
Highest
|
$0 | $8,009 | $127,340 |
| JOAN CHUMBA | RN, UPJOHN | 0 |
Highest
|
$0 | $0 | $115,292 |
| TRACI PATNOUDE | DIRECTOR INDEPENDENT LIVING | 20 |
Highest
|
$0 | $0 | $108,381 |
| JULIE DEPPNER | CEO | 1 |
Officer
|
$0 | $0 | $81,036 |
| REX BELL | BOARD CHAIR | 1 |
Officer
Director
|
$0 | $0 | $0 |
| BOB MILLER | BOARD VICE CHAIR | 1 |
Officer
Director
|
$0 | $0 | $0 |
| WILLIAM MILLARD | BOARD TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAN RINZEMA | SECRETARY | 1 |
Officer
Director
|
$0 | $0 | $0 |
| J JOSEPH BROGGER II | DIRECTOR | 1 |
Director
|
$0 | $0 | $0 |
| SYDNEY ELLIS | DIRECTOR | 1 |
Director
|
$0 | $0 | $0 |
| KIM HATCHEL | DIRECTOR | 1 |
Director
|
$0 | $0 | $0 |
| LAURA ELLER | DIRECTOR | 1 |
Director
|
$0 | $0 | $0 |
| JACK KEISER | DIRECTOR | 1 |
Director
|
$0 | $0 | $0 |
| JAMIE MELVIN | DIRECTOR | 1 |
Director
|
$0 | $0 | $0 |
| JACK SIZER | DIRECTOR | 1 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $4,864,762 | $6,391,282 | $44,626,700 | $-1,526,520 |
| 2024 | $4,636,470 | $6,178,166 | $45,934,638 | $-1,541,696 |
| 2023 | $2,832,650 | $5,238,494 | $47,277,144 | $-2,405,844 |
| 2022 | $19,698 | $1,494,077 | $51,907,924 | $-1,474,379 |
| 2021 | $298 | $542,784 | $51,185,104 | $-542,486 |
| 2020 | No data | No data | No data | No data |
Compare RIDGE CREEK AT HERITAGE with other nonprofits in Michigan and across the country.