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nonprofit · EIN 38-6020434 · MI

How much does MYMICHIGAN MEDICAL CENTER GLADWIN raise and spend?

MYMICHIGAN MEDICAL CENTER GLADWIN (MI, EIN 38-6020434) reported $50.7M in revenue and $44.2M in expenses for tax year 2023, with $79.1M in net assets (21.4 months of reserves). By expenses that ranks 8,721 of 539,974 e-filers, 2,715 of 20,245 in NTEE E: Health Care, 248 of 14,475 nonprofits in michigan.

REVENUE: $50.7MEXPENSES: $44.2MRESERVES: 21.4 months6 filings

Cite: FACTANKER, https://factanker.com/nonprofit/386020434-mymichigan-medical-center-gladwin

What stands out

MYMICHIGAN MEDICAL CENTER GLADWIN (MI, EIN 38-6020434) reported $50.7M in revenue and $44.2M in expenses for tax year 2023, with $79.1M in net assets (21.4 months of reserves). By expenses that ranks 8,721 of 539,974 e-filers, 2,715 of 20,245 in NTEE E: Health Care, 248 of 14,475 nonprofits in michigan. Against NTEE E: Health Care: months of reserves 21.4 months, above the peer median of 10.2 months; officer compensation share of expenses 0.0%, below the peer median of 3.5%; contributions share of revenue 1.5%, below the peer median of 38.7%; surplus margin 12.7%, above the peer median of 2.9%.

Key figures, tax year 2023

As filed on Form 990; ratios computed by FACTANKER. Peer medians are percentile_cont over the group in the same year. Every filed line links to its record on the entity page.

Measure2023Median, activityMedian, sizeMedian, all
Total revenue$50.7M$887.4k$21.6M$194.7k
Total expenses$44.2M$792.8k$20.9M$178.5k
Total assets$91.8M$2.9M$29.9M$775.3k
Net assets$79.1M$1.6M$17.0M$622.5k
Officer compensation (total per organisation)$2.5k$271.5k$609.0k$113.0k
Program service revenue share95.7%40.3%74.7%13.8%
Contributions share of revenue1.5%38.7%13.8%57.5%
Officer compensation share of expenses0.0%3.5%2.5%6.5%
Months of reserves21.4 months10.2 months9.0 months12.6 months
Surplus margin12.7%2.9%1.8%3.9%

Year by year

6 filings on record.

Tax yearRevenueExpensesNet assetsReservesOfficer comp.Rank
2023$50.7M$44.2M$79.1M21.4 months$2.5k8,721
2022$62.5M$41.4M$69.0M20.0 months$6008,357
2021$42.3M$39.6M$69.6M21.1 months—5,631
2020$36.7M$35.6M$52.6M17.7 months—8,620
2019$31.9M$31.0M$51.5M20.0 months—9,259
2018$34.3M$29.0M$49.6M20.5 months—8,786

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