Exalta Health
- Assets
- $1.0m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 32
- Location
- Grand Rapids, MI
- Founding
- 05/1996
- Data as of
- 09/2021
- EIN
- 38-3273825
Organization Overview
Exalta Health is located in Grand Rapids, MI. The organization was established in 1996. According to its NTEE Classification (E30) the organization is classified as: Ambulatory & Primary Health Care, under the broad grouping of Health Care and related organizations. As of 09/2021, Exalta Health employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Exalta Health 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 09/2021, Exalta Health generated $2.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $1.9m during the year ending 09/2021. While expenses have increased by 6.3% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE MEDICAL & SPIRITUAL SERVICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO BRING HOPE, ENCOURAGEMENT AND PRACTICAL ASSISTANCE TO UNDERSERVED INDIVIDUALS AND FAMILIES THROUGH THE PROVISION OF HIGH-QUALITY MEDICAL AND DENTAL CARE AND TO BRING THE RESOURCES OF THE LOCAL CHURCHES TO BEAR ON THEIR PHYSICAL AND SPIRITUAL NEEDS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Vandermolen Medical Director | Trustee | 32 | $125,525 |
Ed Postma President | Trustee | 40 | $88,200 |
Amy Gerard Member | Trustee | 1 | $0 |
Diane Knapp Secretary | Trustee | 1 | $0 |
Doris Drain Director | Trustee | 1 | $0 |
Doyle Hayes Chairperson | Trustee | 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 | $1,316,223 |
| Noncash contributions included in lines 1a–1f | $138,846 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,316,223 |
| Total Program Service Revenue | $458,394 |
| Investment income | $139 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $65,263 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,176,768 |
| 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 | $1,065,989 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $87,331 |
| Payroll taxes | $79,414 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $46,703 |
| Fees for services: Accounting | $50,001 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| 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 | $445 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $46,964 |
| Insurance | $18,582 |
| All other expenses | $147,625 |
| Total functional expenses | $1,918,726 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $487,743 |
| Savings and temporary cash investments | $0 |
| 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 | $9,007 |
| Net Land, buildings, and equipment | $532,379 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,029,129 |
| Accounts payable and accrued expenses | $88,613 |
| 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 | $2,963 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $211,064 |
| Total liabilities | $302,640 |
| Net assets without donor restrictions | $586,024 |
| Net assets with donor restrictions | $140,465 |
| 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 | $1,029,129 |
Grants Recieved
Over the last fiscal year, we have identified 14 grants that Exalta Health has recieved totaling $331,746.
| Awarding Organization | Amount |
|---|---|
Spectrum Health System Grand Rapids, MI PURPOSE: Breaking Wellness Barriers & Covid Relief Stability funds | $120,000 |
Cdv5 Foundation Grand Rapids, MI PURPOSE: GENERAL OPERATING | $50,000 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: POVERTY | $46,700 |
Douglas & Maria Devos Foundation Grand Rapids, MI PURPOSE: GENERAL OPERATING | $30,000 |
Peter C And Emajean Cook Foundation Grand Rapids, MI PURPOSE: OPERATING SUPPORT | $25,000 |
Grand Rapids Community Foundation Grand Rapids, MI PURPOSE: GENERAL OPERATING SUPPORT | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Memorial Professional Services Ltd Toledo, OH | $7,092,437 | $15,080,612 |
Third Street Community Clinic Inc Mansfield, OH | $11,972,993 | $20,324,464 |
Neighborhood Health Clinics Inc Fort Wayne, IN | $13,928,697 | $17,842,715 |
Parkview Occupational Health Centers Inc Fort Wayne, IN | $3,778,639 | $14,681,645 |
Unison Behavioral Health Group Inc Toledo, OH | $10,072,859 | $19,349,796 |
Outreach Community Health Centers Inc Milwaukee, WI | $20,545,690 | $21,470,630 |
Progressive Community Health Centers Inc Milwaukee, WI | $21,916,095 | $16,919,514 |
M E D F Physicians Corporation Coldwater, OH | $3,339,539 | $9,791,556 |
Lodi Community Hospital Independence, OH | $11,116,607 | $16,652,860 |
Lakeshore Community Health Care Inc Sheboygan, WI | $15,901,105 | $14,157,852 |
Covenant Community Care Inc Detroit, MI | $9,897,914 | $16,953,311 |
Promedica Childrens Specialists Toledo, OH | $712,892 | $6,454,065 |