Sheridan Community Hospital
- Assets
- $8.6m
- Revenue
- $16.3m
- Investments
- $0.0
- Employees
- 261
- Location
- Sheridan, MI
- Founding
- 03/1952
- Data as of
- 03/2022
- EIN
- 38-1369796
Organization Overview
Sheridan Community Hospital is located in Sheridan, MI. The organization was established in 1952. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 03/2022, Sheridan Community Hospital employed 261 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sheridan Community 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 03/2022, Sheridan Community Hospital generated $16.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $15.1m during the year ending 03/2022. 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
DEDICATED TO PROVIDE INDIVIDUAL -BASED PROFESSIONAL HEALTHCARE FOR THE FAMILIES IN OUR RURAL COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
SHERIDAN COMMUNITY HOSPITAL PROVIDED CARE TO 103 INPATIENTS AND 92 SWING BED PATIENTS WITH 2035 DAYS OF CARE. SCH ALSO PROVIDED CARE TO 19502 OUTPATIENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Doctor Eva Bartlett Chief Medical Officer | OfficerTrustee | 40 | $310,370 |
Doctor Stephen Frey Emergency Room Physician | 40 | $255,317 | |
Doctor Michael Cearlock Emergency Room Physician | 40 | $169,691 | |
Lilijana Petricevic Chief Executive Officer | OfficerTrustee | 40 | $144,260 |
Doctor Bhavesh Amin Emergency Room Physician | 40 | $131,999 | |
Doctor Bader Elder Emergency Room Physician | 40 | $125,544 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Anesthesia Today Staffing Nurse Anesthestist | 3/30/22 | $167,490 |
Cpsi Evident Computer Software | 3/30/22 | $151,339 |
Mivrx Llc Pharmacist Staffing And Supply | 3/30/22 | $303,535 |
Medical Solutions Nurse Staffing | 3/30/22 | $144,622 |
Bellmedex Billing Company | 3/30/22 | $128,154 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $4,816 |
| Related organizations | $0 |
| Government grants | $3,153,135 |
| All other contributions, gifts, grants, and similar amounts not included above | $220 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,158,171 |
| Total Program Service Revenue | $13,099,813 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $6,609 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,264,593 |
| 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. | $1,756,947 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,518,861 |
| Pension plan accruals and contributions | $82,873 |
| Other employee benefits | $499,149 |
| Payroll taxes | $1,539,443 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $51,193 |
| Fees for services: Accounting | $19,600 |
| Fees for services: Lobbying | $3,307 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,029 |
| Office expenses | $82,567 |
| Information technology | $360,739 |
| Royalties | $0 |
| Occupancy | $79,454 |
| Travel | $826 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,482 |
| Interest | $18,764 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $314,573 |
| Insurance | $124,810 |
| All other expenses | $3,241,142 |
| Total functional expenses | $15,143,553 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,910,659 |
| Savings and temporary cash investments | $2,500 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,854,850 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $123,352 |
| Prepaid expenses and deferred charges | $427,447 |
| Net Land, buildings, and equipment | $3,260,407 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,579,215 |
| Accounts payable and accrued expenses | $5,296,325 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| 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 | $1,716,630 |
| Total liabilities | $7,012,955 |
| Net assets without donor restrictions | $1,566,260 |
| 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 | $8,579,215 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Sheridan Community Hospital has recieved totaling $293,575.
| Awarding Organization | Amount |
|---|---|
Michigan Center For Rural Health East Lansing, MI PURPOSE: SEE STATEMENTS 1 AND 2. | $293,532 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $43 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sparrow Carson Hospital Carson City, MI | $33,968,594 | $46,073,007 |
Sparrow Clinton Hospital St Johns, MI | $188,415,799 | $67,909,547 |
Stoughton Hospital Association Stoughton, WI | $89,267,867 | $58,913,821 |
The Howard Young Medical Center Inc Wausau, WI | $105,216,633 | $31,671,206 |
Waupun Memorial Hospital Waupun, WI | $81,200,383 | $57,190,057 |
Thedacare Medical Center-Waupaca Inc Appleton, WI | $126,150,544 | $53,171,867 |
Huron Memorial Hospital Bad Axe, MI | $35,980,815 | $40,567,551 |
Ladd Memorial Hospital Osceola, WI | $46,005,640 | $41,699,342 |
Mymichigan Medical Center Gladwin Gladwin, MI | $84,954,662 | $42,253,031 |
Gibson General Hospital Inc Princeton, IN | $49,838,918 | $48,120,647 |
Greene Memorial Hospital Inc Miamisburg, OH | $27,350,571 | $39,121,509 |
Valley Oaks Health Inc Lafayette, IN | $90,242,924 | $40,227,621 |