IRS Form 990 · EIN 93-1250581

Waterfall Clinic Incorporated

North Bend, OR 97459-1229 · Tax year 2024

NTEE E31Group Health Practice

$17.1M

Total revenue

$13.7M

Total expenses

$3.4M

Net income

20.0%

Operating margin

Financial summary

Compared to 3 organizations with NTEE E31 in OR

Avg revenue (peers)

$2.64B

This org:$17.1M

Avg net income (peers)

$-6.0M

This org:$3.4M

Avg top exec comp (peers)

—

This org (highest):$442K

21 officers + key employees from the most recent Schedule J filing (FY2023; the financial summary above is FY2024)

Name	Title	Hours/wk	Base comp	Total comp
LORRAINE DAVIES MD	PSYCHIATRIST	40	$353K	$442K
ROBERT GERBER MD	PHYSICIAN	40	$273K	$291K
LANCE NELSON MS LPC	CHIEF EXECUTIVE OFFICER	40	$215K	$227K
ANDREA ZAMORA CPA	CHIEF FINANCIAL OFFICER	40	$194K	$215K
ANTONIA PEREZ FNP	PSYCHIATRIC MENTAL HEALTH NURSE PRACTITIONER	40	$156K	$181K
DR PRIYA AGRAWAL	DENTAL PROGRAM MANAGER	40	$125K	$166K
MARK PASTERNAK MD	PHYSICIAN	40	$141K	$153K
CRAIG WRIGHT	CHIEF MEDICAL OFFICER	40	$139K	$147K
NICOLE NORRIS MA THW	CHIEF QUALITY OFFICER	40	$129K	$138K
KAREN SHEELAR MS LPC NCC	CHIEF BEHAVIORAL HEALTH OFFICER	40	$132K	$137K
JUSTIN CASEY	CHIEF OPERATING OFFICER	40	$126K	$132K
SANDRA QUALMAN	PRESIDENT	1	—	—
MARCE KNIGHT	VICE PRESIDENT	1	—	—
ELIZABETH BRIGHAM	SECRETARY	1	—	—
TONY CRANE	TREASURER	1	—	—
MCLCAIN ALTMAN	DIRECTOR	1	—	—
RUTH BELL	DIRECTOR	1	—	—
ANNA HUIT	DIRECTOR	1	—	—
ARNOLD ROBLAN	DIRECTOR	1	—	—
LESLIE RYAN	DIRECTOR	1	—	—
STEVE SANDEN	DIRECTOR	1	—	—

Revenue and net income trend across all available filings

RevenueNet income

Year	Revenue	Expenses	Net income	Assets
2024	$17.1M	$13.7M	$3.4M	$17.1M
2023	$11.6M	$11.0M	$-170K	$10.9M
2022	$9.1M	$8.9M	$92K	$7.0M
2021	$9.5M	$8.4M	$1.1M	$6.0M
2020	$8.2M	$7.8M	$362K	$5.7M
2019	$6.1M	$5.8M	$269K	$4.4M
2018	$5.3M	$5.3M	$20K	$4.2M
2017	$5.1M	$4.7M	$-53K	$4.2M
2016	$5.1M	$4.7M	$422K	$3.8M
2015	$4.1M	$3.9M	$158K	$3.9M

This organization appears to be a hospital. Explore additional data sources: