Bronson Lakeview Hospital
- Assets
- $71.9m
- Revenue
- $77.1m
- Investments
- $1.1m
- Employees
- 437
- Location
- Kalamazoo, MI
- Founding
- 06/2008
- Data as of
- 12/2022
- EIN
- 38-1359218
Organization Overview
Bronson Lakeview Hospital is located in Kalamazoo, MI. The organization was established in 2008. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2022, Bronson Lakeview Hospital employed 437 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bronson Lakeview Hospital is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Bronson Lakeview Hospital generated $77.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $64.5m during the year ending 12/2022. While expenses have increased by 1.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TOGETHER, WE ADVANCE THE HEALTH OF OUR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BRONSON LAKEVIEW HOSPITAL (BLH) IS A 26-BED CRITICAL ACCESS HOSPITAL, INCLUDING 16 CRITICAL ACCESS AND 10-BED GERIATRIC PSYCHIATRIC UNIT. BLH OFFERS A FULL RANGE OF ACUTE CARE FOR INPATIENTS AND IS A WELL-ESTABLISHED DESTINATION FOR SURGERY, GERIATRIC PSYCHIATRY AND EMERGENCY CARE. BLH OPERATES A FULL-SERVICE, 24/7 EMERGENCY DEPARTMENT THAT TYPICALLY TREATS OVER 18,000 PATIENT VISITS ANNUALLY, REGARDLESS OF THEIR ABILITY TO PAY. OUTPATIENT SERVICES ARE PROVIDED AT THE HOSPITAL, AS WELL AS AT RURAL HEALTH CLINICS IN PAW PAW, DECATUR, AND MATTAWAN. IN 2022, IN FURTHERANCE OF ITS MISSION, BLH INCURRED NET COMMUNITY BENEFIT EXPENSE OF $1,360,041.
IN 2022, BLH'S MEDICAID COST WAS $12,270,631 AND MEDICAID NET REVENUE WAS $11,885,330.
IN 2022, IN FURTHERANCE OF ITS MISSION, BLH INCURRED $5,919,318 IN BAD DEBT TO PROVIDE CARE TO ITS PATIENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karre Nelson Chair | OfficerTrustee | 1 | $0 |
Nyberg Neil Secretary | OfficerTrustee | 1 | $0 |
Eberts Randall Vice Chair | OfficerTrustee | 1 | $0 |
Manns Bill President And CEO | OfficerTrustee | 4.6 | $0 |
Karamchandani Mahesh C Director | Trustee | 1 | $0 |
Sharma Namita Director (beg. 11/2022) | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Alliance-hni Llc Medical Services | 12/30/22 | $1,139,838 |
C & A Industires Inc Healthcare Staffing | 12/30/22 | $605,218 |
Sw Mi Emergency Services Pc Medical Services | 12/30/22 | $550,591 |
Kalamazoo Anesthesiology Medical Services | 12/30/22 | $506,121 |
Ge Precision Healthcare Llc Medical Services | 12/30/22 | $392,594 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $291,627 |
| Government grants | $1,043,553 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,335,180 |
| Total Program Service Revenue | $75,565,341 |
| Investment income | $21,961 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$20,059 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $77,135,949 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $31,940,143 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,017,693 |
| Payroll taxes | $1,674,557 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,154,984 |
| Advertising and promotion | $2,000 |
| Office expenses | $794,228 |
| Information technology | $2,500 |
| Royalties | $0 |
| Occupancy | $2,787,147 |
| Travel | $37,831 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $42,730 |
| Interest | $28,012 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,835,123 |
| Insurance | $666,913 |
| All other expenses | $404,262 |
| Total functional expenses | $64,462,310 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,408,625 |
| Savings and temporary cash investments | $37,775,293 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,546,082 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,085,032 |
| Prepaid expenses and deferred charges | $630,657 |
| Net Land, buildings, and equipment | $12,171,210 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,085,823 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $174,955 |
| Total assets | $71,877,677 |
| Accounts payable and accrued expenses | $3,456,238 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $1,015,715 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,801,609 |
| Total liabilities | $10,273,562 |
| Net assets without donor restrictions | $61,604,115 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $71,877,677 |