| Business Summary | | Health
Fitness
Corporation
provides
fitness
and
wellness
management
services
and
products
to
corporations,
hospitals,
communities
and
universities,
primarily
located
in
the
United
States
and
Canada.
In
addition,
the
Company
provides
health-related
programming
and
on-site
physical
therapy
services.
Effective
on
January
1,
2001,
the
Company
sold
its
International
Fitness
Club
Network
line
of
business,
which
organized
and
maintained
a
network
of
commercial
fitness
and
health
clubs
and
marketed
memberships
in
such
clubs
to
employees
and
insurance
companies.
The
Company
is
under
contract
to
manage
140
corporate
and
12
hospital-,
community-
or
university-based
fitness
centers
located
throughout
the
United
States.
Hospitals
invest
in
fitness
centers
to
create
a
new
revenue
source
that
is
not
subject
to
insurance
or
government
reimbursements
and
to
address
community
health
initiatives. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Health
Fitness
Corporation
provides
fitness
and
wellness
management
services
and
products
to
corporations,
hospitals,
communities
and
universities,
primarily
located
in
the
United
States
and
Canada.
For
the
six
months
ended
6/30/01
revenues
fell
less
than
1%
to
$13
million.
Net
income
rose
8%
to
$680
thousand.
Revenues
reflect
the
sale
of
the
International
Fitness
Club
Network.
Net
income
reflects
a
$229
thousand
gain
on
the
sale
of
the
International
Fitness
Club
Network. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| James Bernards, 54 Chairman | -- | Jerry Noyce, 56 Pres,
CEO, Director | $23K | Wesley Winnekins, 39 CFO,
Treasurer | -- | David Hurt Sr. VP, Operations | -- | James Narum, 44 Sr.
VP, Operations | 131K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|