Community Memorial Hospital Association
Cloquet, Minnesota
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Below Average
How This Organization Compares
Compared to 39 peers in Health Care with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $66,039,851↓7% | $72,634,322↓2% | $48,919,345↓12% | |
| 2022 | $71,388,116↓9% | $73,840,282↑5% | $55,410,390↓7% | — |
| 2021 | $78,835,792↑25% | $70,191,015↑6% | $59,723,821↓6% | — |
| 2020 | $62,949,643↑3% | $66,526,553↑7% | $63,683,107↑22% | — |
| 2019 | $61,122,969↑5% | $62,226,960↑4% | $52,009,491↓2% | — |
| 2018 | $58,074,447↓2% | $59,845,594↑3% | $53,180,119↓6% | — |
| 2017 | $59,556,555↑5% | $58,357,736↑9% | $56,410,543↑2% | — |
| 2016 | $56,751,441↑15% | $53,509,807↑11% | $55,080,137↑3% | — |
| 2015 | $49,562,982↑5% | $48,208,181↑2% | $53,497,229 | — |
| 2014 | $47,287,332↑1% | $47,415,664↓4% | $53,488,245↓6% | — |
| 2013 | $46,948,244↓2% | $49,293,221↑6% | $56,753,968 | — |
| 2012 | $47,763,336↑4% | $46,464,108↑3% | $56,754,395↑34% | — |
| 2011 | $46,011,147 | $45,051,242 | $42,400,976 | — |
Frequently Asked Questions
What does Community Memorial Hospital Association do?▼
Community Memorial Hospital Association is a health care nonprofit organization based in Minnesota. It is classified under NTEE code E220 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Community Memorial Hospital Association financially healthy?▼
Based on our 9-metric Financial Health Score model, Community Memorial Hospital Association has a score of 36/100 (Grade: C). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Community Memorial Hospital Association generate?▼
Community Memorial Hospital Association reports $73.0M in annual revenue and holds $47.1M in total assets, based on IRS filings.
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