Bronson Healthcare Group Inc
- Assets
- $337.3m
- Revenue
- $330.3m
- Investments
- $191.0m
- Employees
- 1,853
- Location
- Kalamazoo, MI
- Founding
- 06/2003
- Data as of
- 12/2021
- EIN
- 38-2418383
Organization Overview
Bronson Healthcare Group Inc is located in Kalamazoo, MI. The organization was established in 2003. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 12/2023, Bronson Healthcare Group Inc employed 1,853 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bronson Healthcare Group Inc 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 12/2021, Bronson Healthcare Group Inc generated $330.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $321.4m during the year ending 12/2021. While expenses have increased by 6.8% 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.
Since 2014, Bronson Healthcare Group Inc has awarded 89 individual grants totaling $177,156,947. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TOGETHER, WE ADVANCE THE HEALTH OF OUR COMMUNITIES.
Describe the Organization's Program Activity:
BRONSON HEALTHCARE GROUP (BHG) PROVIDES SUPPORT SERVICES TO ITS SUBSIDIARIES. THE SUBSIDIARIES ARE ACTIVELY INVOLVED IN THE DELIVERY OF HEALTHCARE SERVICES AND PROVIDE SUBSTANTIAL BENEFITS TO THE COMMUNITIES THEY SERVE.
BRONSON HEALTHCARE GROUP (BHG) DONATES MONEY TO NOT FOR PROFIT COMPANIES IN THE COMMUNITY THAT PROMOTE HEALTH IN THE COMMUNITY. THESE COMPANIES PROMOTE HEALTH IN THE COMMUNITIES BY INVESTING IN THE ARTS AND HELPING THE INDIGENT AND IMPOVERISHED IN SOUTHWEST MICHIGAN.
BRONSON HEALTHCARE GROUP (BHG) PROVIDES ACCESS TO EPIC TO OTHER HEALTHCARE PROVIDERS IN THE COMMUNITY TO PROMOTE USE OF ELECTRONIC HEALTH RECORDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Manns Bill President And CEO | OfficerTrustee | 4.6 | $1,718,738 |
Nyberg Neil Secretary | OfficerTrustee | 1 | $0 |
Odar Michael Treasurer | OfficerTrustee | 1 | $0 |
Karre Nelson Chair | OfficerTrustee | 1 | $0 |
Eberts Randall Vice Chair | OfficerTrustee | 1 | $1,320 |
Karamchandani Mahesh C Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Miller Johnson Attorneys And Counselors Legal | 12/30/22 | $5,906,087 |
Change Healthcare Consulting | 12/30/22 | $1,625,855 |
Automated Benefits Services Incorporated Benefits Administration | 12/30/22 | $1,499,648 |
Willis Towers Watson Actuarial Consulting | 12/30/22 | $957,953 |
Plante & Moran Pllc Auditing And Consulting | 12/30/22 | $809,683 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $7,714,245 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$254 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $330,323,256 |
| Statement of Expenses | |
|---|---|
| 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. | $13,605,223 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $91,693,244 |
| Pension plan accruals and contributions | $14,451,646 |
| Other employee benefits | $123,941,979 |
| Payroll taxes | $6,836,256 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,606,455 |
| Fees for services: Accounting | $389,847 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $272,975 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,981,590 |
| Advertising and promotion | $2,285,068 |
| Office expenses | $3,895,378 |
| Information technology | $18,593,787 |
| Royalties | $0 |
| Occupancy | $3,025,746 |
| Travel | $190,919 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $48,674 |
| Interest | $3,690,701 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,347,429 |
| Insurance | $17,213,787 |
| All other expenses | $0 |
| Total functional expenses | $321,408,290 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $172,259 |
| Savings and temporary cash investments | $830,147 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $12,910,233 |
| 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 | $2,695,818 |
| Investments—publicly traded securities | $109,858,264 |
| Investments—other securities | $190,992,137 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | -$28,838 |
| Total assets | $337,293,600 |
| Accounts payable and accrued expenses | $90,795,981 |
| Grants payable | $0 |
| Deferred revenue | $186,028 |
| Tax-exempt bond liabilities | $91,169,270 |
| 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 | $53,641,804 |
| Total liabilities | $235,793,083 |
| Net assets without donor restrictions | $101,500,517 |
| 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 |
| Total liabilities and net assets/fund balances | $101,500,517 |
Grants Awarded
Over the last fiscal year, Bronson Healthcare Group Inc has awarded $421,251 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
SOUTHWEST MICHIGAN FIRST PURPOSE: GENERAL SUPPORT | $75,000 |
BRONSON HEALTH FOUNDATION PURPOSE: GENERAL SUPPORT | $49,001 |
UNITED WAY OF SW MICHIGAN PURPOSE: SPONSORSHIP | $10,000 |
STADIUM MANAGEMENT CO PURPOSE: RAINBOW ICE SPONSORSHIP | $5,500 |
AMERICAN HEART ASSOCIATION PURPOSE: GENERAL SUPPORT | $6,750 |
SENIOR SERVICE OF VAN BUREN CO PURPOSE: GENERAL SUPPORT | $25,000 |