Scheurer Hospital
- Assets
- $47.6m
- Revenue
- $52.0m
- Investments
- $0.0
- Employees
- 500
- Location
- Pigeon, MI
- Founding
- 03/1947
- Data as of
- 06/2021
- EIN
- 38-1456056
Organization Overview
Scheurer Hospital is located in Pigeon, MI. The organization was established in 1947. 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 06/2021, Scheurer Hospital employed 500 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Scheurer 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 06/2021, Scheurer Hospital generated $52.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $50.7m during the year ending 06/2021. While expenses have increased by 3.8% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF SCHEURER HOSPITAL IS TO SUPPORT A FULL AND HEALTHIER LIFESTYLE BY PROVIDING ACCESS TO HIGH QUALITY HEALTH CARE IN A RURAL AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVISION OF MEDICAL SERVICES IN A RURAL AREA. HOSPITAL INPATIENT SERVICES WERE PROVIDED TO 266 PATIENTS FOR A TOTAL OF 741 PATIENT DAYS. THE SWING BED PROGRAM PROVIDED ADDITIONAL HOSPITAL INPATIENT SERVICES TO 104 PATIENTS FOR A TOTAL OF 1,253 DAYS OF CARE.
SCHEURER HOSPITAL OPERATES A LONG TERM CARE FACILITY WHICH PROVIDED 5,965 DAYS OF CARE.
ADDITIONAL HEALTH CARE IS PROVIDED THROUGHOUT THE SURROUNDING AREA BY PHYSICIAN CLINICS AS WELL AS A HOSPITAL BASED CLINIC. THE PURPOSE OF THESE CLINICS IS TO PROVIDE NECESSARY HEALTH CARE IN A RURAL AREA IN THE "THUMB" OF MICHIGAN. THE NUMBER OF OFFICE VISITS PROVIDED WAS 42,086.
SCHEURER HOSPITAL OPERATES AND STAFFS THREE SCHOOL HEALTH CLINICS. THEY ARE LOCATED IN THE ELKTON-PIGEON-BAY PORT LAKER SCHOOL SYSTEM, THE CASEVILLE PUBLIC SCHOOL SYSTEM, AND THE BAD AXE PUBLIC SCHOOL SYSTEM. THE PURPOSE OF THESE CLINICS IS TO INCREASE HEALTH CARE AVAILABILITY TO STUDENTS. THE NUMBER OF VISITS IN FY-2021 WERE 7,261.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ross Ramsey MD Physician | 40 | $481,735 | |
Amanda Mcsweeney MD Physician | 40 | $418,036 | |
Ali Khan MD Er Physician | Trustee | 40 | $401,099 |
Paul Scaddan MD Physician | 40 | $359,208 | |
Laurey Hanselman DO Physician | 40 | $313,841 | |
Terrance Lerash CEO | Officer | 40 | $303,505 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sity Girgis Physician | 6/29/21 | $143,700 |
Josh Newblatt Physician | 6/29/21 | $152,750 |
Ryan Powell Physician | 6/29/21 | $117,248 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,382,103 |
| All other contributions, gifts, grants, and similar amounts not included above | $286,173 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,668,276 |
| Total Program Service Revenue | $46,403,578 |
| Investment income | $422,337 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $98,001 |
| 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 | $52,017,883 |
| 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. | $941,820 |
| Compensation of current officers, directors, key employees. | $540,721 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $23,274,827 |
| Pension plan accruals and contributions | $1,417,198 |
| Other employee benefits | $2,817,461 |
| Payroll taxes | $1,606,699 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $72,838 |
| Fees for services: Accounting | $109,008 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $26,889 |
| Fees for services: Other | $866,629 |
| Advertising and promotion | $195,189 |
| Office expenses | $201,203 |
| Information technology | $857,843 |
| Royalties | $0 |
| Occupancy | $739,179 |
| Travel | $56,857 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $75,697 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,575,925 |
| Insurance | $333,260 |
| All other expenses | $3,201,633 |
| Total functional expenses | $50,669,005 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $14,360,567 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,204,190 |
| Loans from Officers, Directors, or Controlling Persons | $360,090 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $873,117 |
| Prepaid expenses and deferred charges | $541,335 |
| Net Land, buildings, and equipment | $16,103,960 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $8,819,161 |
| Intangible assets | $1,198,498 |
| Other assets | $127,764 |
| Total assets | $47,588,682 |
| Accounts payable and accrued expenses | $4,887,704 |
| Grants payable | $0 |
| Deferred revenue | $448,385 |
| Tax-exempt bond liabilities | $217,557 |
| 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 | $0 |
| Total liabilities | $5,553,646 |
| Net assets without donor restrictions | $42,035,036 |
| 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 | $47,588,682 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Scheurer Hospital has recieved totaling $11,679.
| Awarding Organization | Amount |
|---|---|
Michigan Center For Rural Health East Lansing, MI PURPOSE: SEE STATEMENTS 1 AND 2. | $11,679 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Norton - Kings Daughters Health Inc Madison, IN | $327,672,291 | $141,257,726 |
Wood County Hospital Assn Bowling Green, OH | $236,887,243 | $125,669,234 |
Margaret Mary Community Hospital Inc Batesville, IN | $200,618,179 | $130,077,852 |
Mymichigan Medical Center Sault Sault Ste Marie, MI | $104,046,577 | $126,853,788 |
Shelby County Memorial Hospital Association Inc Sidney, OH | $171,819,264 | $129,965,258 |
St Nicholas Hospital Of The Hospita Sisters Of The Third Order Of St F Sheboygan, WI | $160,864,409 | $138,043,178 |
Beaver Dam Community Hospitals Inc Beaver Dam, WI | $193,989,750 | $109,285,462 |
Emma L Bixby Medical Center Toledo, OH | $214,732,301 | $139,202,852 |
Prohealth Oconomowoc Memorial Hospital Inc Oconomowoc, WI | $128,184,799 | $110,175,380 |
Southeastern Ohio Regional Medical Center Inc Cambridge, OH | $103,375,834 | $115,994,733 |
Munson Healthcare Otsego Memorial Hospital Gaylord, MI | $125,430,745 | $117,986,208 |
The Union Hospital Association Independence, OH | $196,450,752 | $107,783,506 |