Zieger Health Care Corporation
- Assets
- $409.4k
- Revenue
- $7.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Farmington Hills, MI
- Founding
- 11/1984
- Data as of
- 12/2021
- EIN
- 38-2500428
Organization Overview
Zieger Health Care Corporation is located in Farmington Hills, MI. The organization was established in 1984. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Zieger Health Care Corporation 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, Zieger Health Care Corporation generated $7.6k 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 (12.6%) each year. All expenses for the organization totaled $15.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (13.2%) 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT AND CARRY OUT THE CHARITABLE AND EDUCATIONAL PURPOSES OF BOTSFORD GENERAL HOSPITAL. IN THIS ROLE, ZIEGER HEALTH CARE CORPORATION ALSO MONITORS AND IF NECESSARY, SEEKS SPECIFIC PERFORMANCE ON BEHALF OF BOTSFORD GENERAL HOSPITAL OF KEY PROVISIONS OF THE BEAUMONT HEALTH AFFILIATION AGREEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE SUPPORT TO BOTSFORD GENERAL HOSPITAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Lacasse President/tr | OfficerTrustee | 0.35 | $0 |
Gary Willyerd Treasurer/tr | OfficerTrustee | 0.35 | $0 |
Raimundo Pastor Trustee | Trustee | 0.35 | $0 |
Steve Faine Trustee | Trustee | 0.35 | $0 |
William Boudouris Trustee | Trustee | 0.35 | $0 |
Margo Gorchow Trustee | Trustee | 0.35 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hall Render Killian Heath Legal | 12/30/14 | $502,538 |
Kaufman Hall Advisory Services | 12/30/14 | $220,793 |
Farbman Group Llc Property Management | 12/30/14 | $104,863 |
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 | $0 |
| Investment income | $6,601 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $463 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,560 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,062 |
| Fees for services: Accounting | $1,325 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,176 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,110 |
| All other expenses | $0 |
| Total functional expenses | $15,673 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,939 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $406,424 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $409,363 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $409,363 |
| 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 | $409,363 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Zieger Health Care Corporation has recieved totaling $396,901.
| Awarding Organization | Amount |
|---|---|
Botsford General Hospital Southfield, MI PURPOSE: THIS IS AN INTERNAL GRANT GIVEN TO A RELATED 501C(3) ORGANIZATION. TO HELP SUPPORT THE MISSION OF THE BOTSFORD FOUNDATION THROUGH CASH AND PAYMENT OF EXPENSES. | $331,157 |
Botsford General Hospital Southfield, MI PURPOSE: THIS IS AN INTERNAL GRANT GIVEN TO A RELATED 501C(3) ORGANIZATION TO HELP SUPPORT THE BOTSFORD FOUNDATION. | $65,744 |
Endowment Analysis
| Beg. Balance | $1,961,794 |
| Net Contributions | $231,805 |
| Other Expense | $2,150,790 |
| Grants | $42,809 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Renaissance Olmsted Township, OH | $25,498,410 | $7,722,194 |
Hospital Council Of Northwest Ohio Toledo, OH | $6,991,547 | $7,345,275 |
Southeastern Indiana Health Management Inc Columbus, IN | $5,608,565 | $7,397,633 |
St Croix Valley Shared Services Inc Baldwin, WI | $2,575,125 | $6,793,920 |
Cincinnati Health Network Inc Cincinnati, OH | $8,614,813 | $7,222,388 |
Mclaren Bay Special Care Bay City, MI | $44,295,512 | $8,271,035 |
Crawford County Shared Health Servi Galion, OH | $4,951,746 | $5,695,263 |
International Association Of Machinists Motor City Health And W Troy, MI | $10,794,904 | $6,523,433 |
Ohio Health Care Association Westerville, OH | $9,104,322 | $5,391,354 |
Spring Valley Health Care Center Inc Spring Valley, WI | $3,240,100 | $4,260,949 |
Meriter Health Services Inc Madison, WI | $652,583,473 | $4,134,335 |
Foundation Of Saint Joseph Regional Medical Center Inc South Bend, IN | $26,121,067 | $3,920,972 |