Henry Ford Macomb Hospital Corporation
- Assets
- $468.3m
- Revenue
- $640.6m
- Investments
- $1.1k
- Employees
- 4,108
- Location
- Detroit, MI
- Founding
- 10/1990
- Data as of
- 12/2022
- EIN
- 38-2947657
Organization Overview
Henry Ford Macomb Hospital Corporation, operating under the name Henry Ford Health Macomb Hospital Henry Ford Health Macomb Hospital, is located in Detroit, MI. The organization was established in 1990. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2022, Henry Ford Health Macomb Hospital Henry Ford Health Macomb Hospital employed 4,108 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Henry Ford Health Macomb Hospital Henry Ford Health Macomb 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 12/2022, Henry Ford Health Macomb Hospital Henry Ford Health Macomb Hospital generated $640.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $631.9m during the year ending 12/2022. While expenses have increased by 5.3% 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 2019, Henry Ford Health Macomb Hospital Henry Ford Health Macomb Hospital has awarded 23 individual grants totaling $203,003. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
WE IMPROVE PEOPLE'S LIVES THROUGH EXCELLENCE IN THE SCIENCE AND ART OF HEALTH CARE AND HEALING.VISION: WE WILL BE THE TRUSTED PARTNER IN HEALTH, LEADING THE NATION IN SUPERIOR CARE AND VALUE-ONE PERSON AT A TIME.
Describe the Organization's Program Activity:
HENRY FORD HEALTH MACOMB HOSPITAL-CLINTON TOWNSHIP (HFMH) IS RECOGNIZED FOR ITS EXCELLENCE IN PROVIDING INPATIENT CARE TO THE RESIDENTS OF MACOMB COUNTY MICHIGAN AS WELL AS OTHER COMMUNITIES LOCATED NORTHEAST OF THE CITY OF DETROIT. DURING 2022, HFMH HAD 19,870 DISCHARGES.HFMH PROVIDES COMPREHENSIVE ACUTE AND TERTIARY CARE. SPECIALTY SERVICES INCLUDE A HEART & VASCULAR INSTITUTE, HENRY FORD CANCER INSTITUTE, A WOMEN'S HEALTH CENTER, ALONG WITH A BIRTHING CENTER THAT FEATURES 17 LABOR, DELIVERY, RECOVERY AND POST-PARTUM SUITES. THE HOSPITAL ALSO HAS A 32-BED INPATIENT REHABILITATION PROGRAM, AN AMBULATORY AND MINIMALLY INVASIVE SURGERY CENTER AND LEADING DIAGNOSTIC IMAGING, ALONG WITH ADVANCED TRAUMA CAPABILITIES AND EMERGENCY SERVICES.THE CORONAVIRUS IMPACT ADDRESSING THE IMPACT OF COVID-19 ON ITS COMMUNITIES HAS BEEN A PRIORITY FOR HENRY FORD HEALTH FROM THE ADMISSION OF ITS FIRST COVID-19 PATIENT IN EARLY 2020. COVID-19 INPATIENT CASES HAVE REMAINED AT RELATIVELY LOW LEVELS SINCE MARCH 2022 DUE TO WIDESPREAD AVAILABILITY OF SUCCESSFUL TREATMENT PROTOCOLS AND UPDATED BOOSTERS. MEDICAL EDUCATION:HENRY FORD HEALTH MACOMB HOSPITALS HAVE AN OSTEOPATHIC GRADUATE MEDICAL EDUCATION PROGRAM, OFFERING ROTATIONS TO RESIDENTS, INTERNS AND THIRD-AND-FOUTH-YEAR MEDICAL STUDENTS.HENRY FORD HEALTH MACOMB HOSPITALS TRAIN OVER 150 MEDICAL STUDENTS AND 175 RESIDENTS IN 8 PROGRAMS.
OTHER PROGRAM SERVICES INCLUDE ANCILLARY SERVICES LOCATED WITHIN THE MEDICAL FACILITIES.
HFMH PROVIDES OUTPATIENT SERVICES AT MULTIPLE LOCATIONS THROUGHOUT THE NORTH EASTERN METROPOLITAN COMMUNITIES OF DETROIT. IN TOTAL THIS REPRESENTED 895,105 TOTAL OUTPATIENT FACILITY VISITS DURING 2022.
HFMH OPERATES A LEVEL II EMERGENCY FACILITY. EMERGENCY SERVICES REPRESENTED 57,146 PATIENT VISITS DURING 2022.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wright L Lassiter III Director/ President/ceo (thru 7/2022) | OfficerTrustee | 2 | $0 |
Robert G Riney Director/ President/ceo (start 7/2022) | OfficerTrustee | 2 | $0 |
David J Breen Director-Chair | OfficerTrustee | 2 | $0 |
Lynn Ford Alandt Director | Trustee | 1 | $0 |
Barry G Porter Director | Trustee | 1 | $0 |
Jacalyn S Goforth Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Alliance Health Professionals Pllc Physician Services | 12/30/22 | $18,843,648 |
Barton Malow Dixon Jv Construction | 12/30/22 | $99,889,334 |
Alliance Management Partners Llc Management Services | 12/30/22 | $15,890,901 |
Metropolitan Detroit Area Hospital Laundry Services | 12/30/22 | $1,441,795 |
Prolink Healthcare Llc Temp Nursing Services | 12/30/22 | $10,069,826 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $175,095 |
| Related organizations | $0 |
| Government grants | $5,630,627 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,186,411 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,992,133 |
| Total Program Service Revenue | $617,033,735 |
| Investment income | $1,259,350 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $678,925 |
| Net Gain/Loss on Asset Sales | $10,735,979 |
| Net Income from Fundraising Events | -$11,063 |
| Net Income from Gaming Activities | $16,042 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $640,577,842 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $124,268 |
| 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. | $2,083,440 |
| Compensation of current officers, directors, key employees. | $896,396 |
| Compensation to disqualified persons | $221,665,241 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $5,403,133 |
| Other employee benefits | $21,012,198 |
| Payroll taxes | $15,024,875 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $53,930 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $68,375,251 |
| Advertising and promotion | $117,397 |
| Office expenses | $11,937,977 |
| Information technology | $1,282,732 |
| Royalties | $0 |
| Occupancy | $4,487,979 |
| Travel | $144,733 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $681,495 |
| Interest | $5,000,855 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,170,775 |
| Insurance | $7,601,779 |
| All other expenses | $38,641,257 |
| Total functional expenses | $631,913,679 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,810 |
| Savings and temporary cash investments | $10,587,169 |
| Pledges and grants receivable | $3,337,950 |
| Accounts receivable, net | $71,691,248 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $16,002,380 |
| Prepaid expenses and deferred charges | $2,246,070 |
| Net Land, buildings, and equipment | $296,000,142 |
| Investments—publicly traded securities | $42,838,863 |
| Investments—other securities | $1,134 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $25,540,708 |
| Total assets | $468,250,474 |
| Accounts payable and accrued expenses | $67,560,450 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $124,721,655 |
| 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 | $81,111,795 |
| Total liabilities | $273,393,900 |
| Net assets without donor restrictions | $183,794,291 |
| Net assets with donor restrictions | $11,062,283 |
| 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 | $468,250,474 |
Grants Awarded
Over the last fiscal year, Henry Ford Macomb Hospital Corporation has awarded $48,390 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
LEADERSHIP MACOMB INC PURPOSE: ORGANIZATIONAL SUPPORT | $13,250 |
MACOMB COUNTY CHAMBER OF COMMERCE PURPOSE: ORGANIZATIONAL SUPPORT | $17,220 |
FAMILIES AGAINST NARCOTICS PURPOSE: ORGANIZATIONAL SUPPORT | $6,300 |
STERLING HEIGHTS REGIONAL CHAMBER OF COMMERCE & INDUSTRY PURPOSE: ORGANIZATIONAL SUPPORT | $5,620 |
CARE OF SOUTHEASTERN MICHIGAN TOTAL PURPOSE: ORGANIZATIONAL SUPPORT | $6,000 |