Hospital Council Of East Central Michigan
- Assets
- $930.1k
- Revenue
- $208.6k
- Investments
- $0.0
- Employees
- 2
- Location
- Birch Run, MI
- Founding
- 04/1981
- Data as of
- 06/2022
- EIN
- 38-2348774
Organization Overview
Hospital Council Of East Central Michigan is located in Birch Run, MI. The organization was established in 1981. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 06/2022, Hospital Council Of East Central Michigan employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hospital Council Of East Central Michigan is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2022, Hospital Council Of East Central Michigan generated $208.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.1%) each year. All expenses for the organization totaled $200.2k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (9.5%) per year over the past 7 years. 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
TO PROVIDE A FORUM FOR ISSUE IDENTIFICATION, DISCUSSION, AND COLLECTIVE ACTION WHICH IS RESPONSIVE TO THE NEEDS EXPRESSED BY MEMBER HOSPITALS IN THEIR CONTINUED EFFORT TO DISCHARGE THEIR INDIVIDUAL AND COLLECTIVE RESPONSIBILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP OF 11 HOSPITALS IN THE EAST CENTRAL REGION OF MICHIGAN MEET 6 TIMES PER YEAR TO DISCUSS ISSUES THAT ARE COMMON AMONG HOSPITALS. ENTERTAIN SPEAKERS WITH EXPERTISE RELATING TO ISSUES. DEVELOP AND PRESENT ANNUAL PROGRAM DIRECTED AT TRUSTEE EDUCATION. PRESIDENT REPRESENTS MEMBERSHIP THROUGH ACTIVITIES OF STATE AND NATIONAL ASSOCIATIONS DEDICATED TO HEALTH CARE. MEET WITH SPECIALTY GROUPS SUCH AS HR DIRECTORS AND CLINICAL PATIENT HEALTH PLANNERS/CARE MANAGERS TO COLLABORATE AND SOLVE COMPLEX PATIENT CARE RELATED ISSUES AND HEALTHCARE WORKER SHORTAGE ISSUES/RECRUITMENT/RETENTION, ETC. HOST BIANNUAL MEETINGS WITH THE REGION'S STATE AND FEDERAL SENATORS, STATE REPRESENTATIVES AND CONGRESSMEN/WOMEN TO DISCUSS ISSUES OF IMPORTANCE TO HOSPITALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janet Herbert President | Trustee | 40 | $81,543 |
Terrance Lerash Chair | OfficerTrustee | 1 | $0 |
Dave Nall Until May Member-At-La | OfficerTrustee | 1 | $0 |
Steve Barnett Past Chair | OfficerTrustee | 1 | $0 |
Shane Hunt Vice Chair | OfficerTrustee | 1 | $0 |
Danielle Jacks-Porter Until May Member-At-La | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $134,620 |
| Investment income | $27,799 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $46,169 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $208,588 |
| 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. | $95,777 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $37,062 |
| Pension plan accruals and contributions | $9,894 |
| Other employee benefits | $17,814 |
| Payroll taxes | $10,301 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,915 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,885 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $800 |
| Information technology | $3,525 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,749 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,728 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $228 |
| Insurance | $247 |
| All other expenses | $0 |
| Total functional expenses | $200,160 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $122,130 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $636 |
| Net Land, buildings, and equipment | $370 |
| Investments—publicly traded securities | $806,979 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $930,115 |
| Accounts payable and accrued expenses | $2,650 |
| Grants payable | $0 |
| Deferred revenue | $8,400 |
| 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 | $0 |
| Total liabilities | $11,050 |
| Net assets without donor restrictions | $919,065 |
| 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 | $930,115 |
Peer Organizations
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|---|---|---|
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Munson Healthcare Grayling Traverse City, MI | $58,695,179 | $98,806,333 |
Wheaton Franciscan Healthcare-Franklin Inc Franklin, WI | $0 | $93,223,404 |
Oconto Hospital & Medical Center Inc Oconto, WI | $60,351,775 | $89,949,805 |
Healthnet Inc Indianapolis, IN | $38,369,319 | $82,635,929 |
Indiana University Health Bedford Inc Indianapolis, IN | $133,550,962 | $102,970,071 |
Tomah Memorial Hospital Inc Tomah, WI | $122,784,056 | $81,760,815 |
Bronson Lakeview Hospital Kalamazoo, MI | $57,372,816 | $77,608,050 |
Community Hospital Of Noble County Inc Kendallville, IN | $52,459,659 | $70,856,257 |
Parkview Wabash Hospital Inc Wabash, IN | $48,953,118 | $66,290,497 |
Hospital Properties Inc Columbus, OH | $467,704,966 | $50,467,176 |
Schoolcraft Memorial Hospital Manistique, MI | $44,098,410 | $51,651,017 |