Schoolcraft Memorial Hospital is located in Manistique, MI. The organization was established in 2007. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2023, Schoolcraft Memorial Hospital employed 400 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Schoolcraft Memorial 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 12/2023, Schoolcraft Memorial Hospital generated $56.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $56.9m during the year ending 12/2023. While expenses have increased by 7.9% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE COMPREHENSIVE INPATIENT, OUTPATIENT, EMERGENCY, MEDICAL CLINIC, AND HOME HEALTH SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOOLCRAFT MEMORIAL HOSPITAL (SMH), A COMPONENT UNIT OF SCHOOLCRAFT COUNTY, IS ORGANIZED UNDER PUBLIC ACT OF 230 AND IS A COUNTY HOSPITAL CORPORATION THAT OPERATES A 12-BED ACUTE CARE FACILITY. SMH PROVIDES COMPREHENSIVE INPATIENT, OUTPATIENT, EMERGENCY, MEDICAL CLINIC, AND HOME HEALTH SERVICES IN TOTAL. HEALTHCARE IS OFFERED IN AT LEAST 30 SPECIALTIES, SOME OF WHICH INCLUDE CARDIOLOGY, NEUROLOGY, GENERAL AND ORTHOPEDIC SURGERY, A 24-HOUR PHYSICIAN STAFFED EMERGENCY ROOM, A WALK-IN CLINIC, PHYSICAL AND OCCUPATIONAL THERAPY, CARDIAC REHABILITATION, AND A WIDE RANGE OF DIAGNOSTIC SERVICES INCLUDING A FULL-SERVICE LABORATORY, X-RAY, MAMMOGRAPHY, CT SCANS, MRI'S, AND NUCLEAR MEDICINE. SMH IS AN EQUAL OPPORTUNITY PROVIDER AND EMPLOYER. (CONTINUED ON SCHEDULE O)DURING 2023, SMH HAD 1284 ACUTE AND SWING BED PATIENT DAYS, 721 INPATIENT AND OUTPATIENT SURGERIES, 56,574 OUTPATIENT VISITS, AND 345 HOME HEALTH ADMITS.THE HOSPITAL PROVIDES HEALTH CARE SERVICES TO PATIENTS WHO MEET CERTAIN CRITERIA UNDER ITS CHARITY CARE POLICY WITHOUT CHARGE OR AT AMOUNTS LESS THAN ESTABLISHED RATES. SINCE THE HOSPITAL DOES NOT PURSUE COLLECTION OF THESE AMOUNTS, THEY ARE NOT REPORTED AS PATIENT SERVICE REVENUE. THE ESTIMATED COST OF PROVIDING THESE SERVICES WAS $281,000 IN 2023, CALCULATED BY MULTIPLYING THE RATIO OF COST TO GROSS CHARGES FOR THE HOSPITAL BY THE GROSS UNCOMPENSATED CHARGES ASSOCIATED WITH PROVIDING CHARITY CARE TO ITS PATIENTS.
SMH OWNS A PROVIDER BASED RURAL HEALTH CLINIC WHICH HAD FIVE FULL TIME AND ONE PER DIEM PHYSICIAN, SEVEN NURSE PRACTITIONERS, AND TWO PHYSICIAN ASSISTANTS. SMH HAD 29,326 RHC VISITS IN 2023.
SMH OFFERS 24/7 EMERGENCY SERVICES STAFFED WITH A PHYSICIAN WHO IS ON-SITE. SMH TREATS ALL PATIENTS REGARDLESS OF THEIR ABILITY TO PAY. SMH HAD 4,596 ER VISITS IN 2023.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Peter Hood Chair | OfficerTrustee | 3 | $2,065 |
James Blanchard Vice Chair | OfficerTrustee | 2 | $960 |
Kevin Knaffla Treasurer | OfficerTrustee | 1 | $1,535 |
Cindy Olli Secretary | OfficerTrustee | 1 | $960 |
Howard Parmentier Trustee | Trustee | 1 | $690 |
Ryan Fausett Trustee | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Dr Joseph Hance Orthopedics | 12/30/23 | $643,500 |
Cerner Corporation Emr Software Support | 12/30/23 | $701,130 |
One Staff Medical Temporary Staffing | 12/30/23 | $482,089 |
Green Bay Oncology Oncology Services | 12/30/23 | $477,725 |
Dlp Marquette Lab And Ekg Services | 12/30/23 | $376,923 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $39,237 |
Related organizations | $0 |
Government grants | $278,226 |
All other contributions, gifts, grants, and similar amounts not included above | $81,466 |
Noncash contributions included in lines 1a–1f | $38,452 |
Total Revenue from Contributions, Gifts, Grants & Similar | $398,929 |
Total Program Service Revenue | $55,056,535 |
Investment income | $681,894 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $2,690 |
Net Gain/Loss on Asset Sales | $25,625 |
Net Income from Fundraising Events | $23,814 |
Net Income from Gaming Activities | -$10,396 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $56,179,091 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $48,666 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,447,455 |
Compensation of current officers, directors, key employees. | $584,381 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $23,681,533 |
Pension plan accruals and contributions | $1,232,706 |
Other employee benefits | $2,993,138 |
Payroll taxes | $1,601,649 |
Fees for services: Management | $0 |
Fees for services: Legal | $37,159 |
Fees for services: Accounting | $191,122 |
Fees for services: Lobbying | $3,470 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $5,696,443 |
Advertising and promotion | $95,937 |
Office expenses | $1,781,775 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $1,059,182 |
Travel | $222,464 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $169,500 |
Interest | $1,430,892 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $3,031,254 |
Insurance | $450,974 |
All other expenses | $468,830 |
Total functional expenses | $56,882,816 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $3,682,891 |
Pledges and grants receivable | $102,952 |
Accounts receivable, net | $8,358,268 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $300,171 |
Inventories for sale or use | $629,541 |
Prepaid expenses and deferred charges | $275,332 |
Net Land, buildings, and equipment | $24,136,927 |
Investments—publicly traded securities | $4,011,083 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $121,259 |
Other assets | $8,243,912 |
Total assets | $49,862,336 |
Accounts payable and accrued expenses | $3,668,715 |
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 | $28,581,098 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $13,297,660 |
Total liabilities | $45,547,473 |
Net assets without donor restrictions | $0 |
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 | $4,314,863 |
Total liabilities and net assets/fund balances | $49,862,336 |