Covered Bridge Healthcare Of St Joseph County Inc
- Assets
- $3.5m
- Revenue
- $4.9m
- Investments
- $0.0
- Employees
- 52
- Location
- Centreville, MI
- Founding
- 09/2016
- Data as of
- 09/2022
- EIN
- 47-4591341
Organization Overview
Covered Bridge Healthcare Of St Joseph County Inc is located in Centreville, MI. The organization was established in 2016. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 09/2022, Covered Bridge Healthcare Of St Joseph County Inc employed 52 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Covered Bridge Healthcare Of St Joseph County 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 09/2022, Covered Bridge Healthcare Of St Joseph County Inc generated $4.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 34.9% each year . All expenses for the organization totaled $4.6m during the year ending 09/2022. While expenses have increased by 34.2% 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE QUALITY, AFFORDABLE CARE TO THE COMMUNITY WITH EXPANSION OF CARE TO THE UNDERSERVED IN A COLLABORATIVE MANNER.
Describe the Organization's Program Activity:
COVERED BRIDGE HEALTHCARE PROVIDES QUALITY, AFFORDABLE CARE TO THE COMMUNITY WITH EXPANSION OF CARE TO THE UNDERSERVED IN A COLLABORATIVE MANNER. WE CATER TO AREA PATIENTS OF ALL AGES. OUR STAFF OF MEDICAL PROFESSIONALS HAS THE NECESSARY EXPERIENCE TO OFFER A CARING TOUCH AND HEALING SOLUTIONS TO EVERYONE THAT WALKS THROUGH OUR DOORS. SERVICES INCLUDE CHRONIC CARE, NUTRITION, WELLNESS AND PREVENTATIVE, INJURIES, SUBSTANCE ABUSE, AND BEHAVIORAL HEALTH SERVICES - WE FOCUS ON TREATING THE PATIENT AS A WHOLE AND PARTNER WITH THEM TO MAKE SURE NEEDS ARE MET.
COVERED BRIDGE HEALTHCARE PROVIDES QUALITY, AFFORDABLE CARE TO THE COMMUNITY WITH EXPANSION OF CARE TO THE UNDERSERVED IN A COLLABORATIVE MANNER. WE CATER TO AREA PATIENTS OF ALL AGES. OUR STAFF OF MEDICAL PROFESSIONALS HAS THE NECESSARY EXPERIENCE TO OFFER A CARING TOUCH AND HEALING SOLUTIONS TO EVERYONE THAT WALKS THROUGH OUR DOORS. SERVICES INCLUDE CHRONIC CARE, NUTRITION, WELLNESS AND PREVENTATIVE, INJURIES, SUBSTANCE ABUSE, AND BEHAVIORAL HEALTH SERVICES - WE FOCUS ON TREATING THE PATIENT AS A WHOLE AND PARTNER WITH THEM TO MAKE SURE NEEDS ARE MET.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rick Shaffer Former CEO | Officer | 40 | $137,169 |
Ashley Miller Former CEO | Officer | 40 | $120,304 |
Terry Lewis Np | 40 | $113,785 | |
David Riesbeck CFO | Officer | 40 | $112,912 |
Samantha Moody Np | 40 | $100,045 | |
Cameron Bullock Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,660,557 |
| 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 | $1,660,557 |
| Total Program Service Revenue | $3,242,910 |
| Investment income | $5,689 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $10,800 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,929,382 |
| 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. | $434,050 |
| Compensation of current officers, directors, key employees. | $296,438 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,682,296 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $178,597 |
| Payroll taxes | $146,956 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,657 |
| Fees for services: Accounting | $27,685 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $862,852 |
| Advertising and promotion | $9,006 |
| Office expenses | $17,410 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $55,541 |
| Travel | $24,328 |
| 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 | $44,266 |
| Insurance | $28,079 |
| All other expenses | $81,382 |
| Total functional expenses | $4,601,828 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,700 |
| Savings and temporary cash investments | $2,657,701 |
| Pledges and grants receivable | $128,526 |
| Accounts receivable, net | $223,089 |
| 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 | $13,780 |
| Net Land, buildings, and equipment | $438,743 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,463,539 |
| Accounts payable and accrued expenses | $161,408 |
| Grants payable | $0 |
| Deferred revenue | $222,670 |
| 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 | $130,824 |
| Total liabilities | $514,902 |
| Net assets without donor restrictions | $2,948,637 |
| 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 | $3,463,539 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Covered Bridge Healthcare Of St Joseph County Inc has recieved totaling $33.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $33 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Barnesville Hospital Association Inc Barnesville, OH | $13,746,955 | $20,495,277 |
Aspirus Stanley Hospital & Clinics Inc Wausau, WI | $10,927,612 | $20,966,048 |
Caro Community Hospital Caro, MI | $10,951,457 | $15,571,045 |
Harbor Beach Community Hospital Inc Harbor Beach, MI | $11,834,648 | $18,751,051 |
Aspirus Eagle River Hospital Inc Wausau, WI | $7,216,947 | $19,491,816 |
Madison Community Hospital Inc Warren, MI | $4,775,715 | $17,592,467 |
Chippewa Valley Hospital & Oakview Care Center Inc Durand, WI | $15,158,743 | $15,991,265 |
Sheridan Community Hospital Sheridan, MI | $8,579,215 | $16,264,593 |
Aspirus Ontonagon Hospital Inc Ontonagon, MI | $11,394,285 | $14,759,485 |
Partnership Community Health Center Inc Appleton, WI | $9,156,760 | $15,944,792 |
Munising Memorial Hospital Association Munising, MI | $14,156,656 | $14,519,656 |
Thedacare Medical Center-Wild Rose Inc Appleton, WI | $9,005,342 | $13,431,464 |