Scheurer Hospital
- Assets
- $51.0m
- Revenue
- $54.6m
- Investments
- $0.0
- Employees
- 500
- Location
- Pigeon, MI
- Founding
- 03/1947
- Data as of
- 06/2022
- 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 06/2022, 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 06/2022, Scheurer Hospital generated $54.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $54.1m during the year ending 06/2022. While expenses have increased by 4.2% per year over the past 7 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
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 320 PATIENTS FOR A TOTAL OF 949 PATIENT DAYS. THE SWING BED PROGRAM PROVIDED ADDITIONAL HOSPITAL INPATIENT SERVICES TO 91 PATIENTS FOR A TOTAL OF 1,071 DAYS OF CARE.
SCHEURER HOSPITAL OPERATES AND STAFFS FOUR SCHOOL HEALTH CLINICS. THEY ARE LOCATED IN THE ELKTON-PIGEON-BAY PORT LAKER SCHOOL SYSTEM, THE CASEVILLE PUBLIC SCHOOL SYSTEM, BAD AXE PUBLIC SCHOOL SYSTEM AND THE UNIONVILLE-SEBEWAING AREA SCHOOL SYSTEM. THE PURPOSE OF THESE CLINICS IS TO INCREASE HEALTH CARE AVAILABILITY TO STUDENTS. THE NUMBER OF VISITS IN FY-2022 WERE 15,442.
SCHEURER HOSPITAL OPERATES A LONG TERM CARE FACILITY WHICH PROVIDED 5,906 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 49,236.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ross Ramsey MD Physician | 40 | $538,353 | |
Ali Khan MD Er Physician | Trustee | 40 | $463,784 |
Amanda Mcsweeney MD Physician | 40 | $420,086 | |
Terrance Lerash CEO | Officer | 40 | $354,393 |
Laurey Hanselman DO Physician | 40 | $345,295 | |
Paul Scaddan MD Physician | 40 | $335,633 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ryan Powell Physician | 6/29/22 | $288,455 |
Josh Newblatt Physician | 6/29/22 | $162,586 |
Sity Girgis Physician | 6/29/22 | $124,875 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,309,429 |
| 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 | $2,309,429 |
| Total Program Service Revenue | $49,242,115 |
| Investment income | -$147,416 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $99,322 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$5,909 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $54,603,043 |
| 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. | $1,059,955 |
| Compensation of current officers, directors, key employees. | $596,171 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $24,379,033 |
| Pension plan accruals and contributions | $1,721,391 |
| Other employee benefits | $2,995,333 |
| Payroll taxes | $1,723,395 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $580,771 |
| Fees for services: Accounting | $93,535 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $32,949 |
| Fees for services: Other | $1,273,114 |
| Advertising and promotion | $245,431 |
| Office expenses | $261,028 |
| Information technology | $1,222,710 |
| Royalties | $0 |
| Occupancy | $908,664 |
| Travel | $103,398 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $129,066 |
| Interest | $3,970 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,531,099 |
| Insurance | $329,937 |
| All other expenses | $3,094,972 |
| Total functional expenses | $54,118,066 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $16,347,670 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,172,584 |
| Loans from Officers, Directors, or Controlling Persons | $291,812 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,113,658 |
| Prepaid expenses and deferred charges | $295,114 |
| Net Land, buildings, and equipment | $16,634,826 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $10,224,340 |
| Intangible assets | $884,987 |
| Other assets | $0 |
| Total assets | $50,964,991 |
| Accounts payable and accrued expenses | $5,663,927 |
| Grants payable | $0 |
| Deferred revenue | $406,249 |
| 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 | $2,374,802 |
| Total liabilities | $8,444,978 |
| Net assets without donor restrictions | $42,520,013 |
| 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 | $50,964,991 |