Under
new administration the Colorado Ambulance Foundation, formerly
Broomfield Emergency Ambulance Service, has managed to secure
$250,000 with the help of Guyer Management Assistance.
After
years of accumulating debt, the organization has restructured,
received a large line of credit and taken out a mortgage
against their building, said new president Tim Battenhouse.
After
a two month hiatus last summer, the newly named CAF hired
Battenhouse, new operations manager Bill Diershow and an
out-source chief financial officer from GMA, C. Stephen
Guyer.
Guyer's
goal is to help CFA stand on their own again.
"The
company is now in a re-group phase, I will help them through
the transition," Guyer said. "They had no excess
funds for a long time. I want them to restore and get back
to an autonomous foundation."
CAF
provides non-emergency transportation for long-term care
facilities, van rides to Medicaid patients to and from hospitals
and doctor appointments and 911 services for the town of
Pleasant View.
They
also specialize in hospital-to-hospital transports and provide
wheelchair service. CAF handles 12 to 15 wheelchair calls
a day, but cannot handle all of them because they have only
two vans. The five ambulances run three to four calls a
day and will pick up some of the wheelchair calls if possible.
As
a non-profit organization, CAF is able to offer their services
at a lower cost.
Guyer said he was able to free up more money right now for
the organization and help get a handle over their bills.
"I
will also assist in dealing with government and medical
professionals, which can be a challenge," said Guyer.
GMA
was hired to help with the new management because both Battenhouse
and Diershow are full-time firefighters and do not have
time to reorganize the books and gain control of the financial
part of the business.
Battenhouse
said having Guyer allows for him and Diershow to concentrate
on other aspects of the organization like finding a qualified
staff and serving the community.
GMA
focuses on helping companies overcome the three factors
that most often threaten success: too much debt, too little
investment and disorganization.
Guyer
said since CAF is one of only a few non-profits that provide
ambulance services in the Front Range, it is important to
keep them running.