Mount Clemens Regional Healthcare Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,034,810 | 868,504 | 166,306 | 93.7 | 22% |
| 2012 | 1,140,150 | 1,166,876 | −26,726 | 78.6 | 18% |
| 2013 | 979,519 | 1,129,257 | −149,738 | 88.8 | 22% |
| 2014 | 814,000 | 864,496 | −50,496 | 120.8 | 39% |
| 2015 | 526,843 | 776,804 | −249,961 | 121.6 | 38% |
| 2016 | 1,085,164 | 1,189,774 | −104,610 | 83.5 | 18% |
| 2017 | 2,986,149 | 1,127,090 | 1,859,059 | 110.2 | 28% |
| 2018 | 4,724,138 | 1,751,994 | 2,972,144 | 92.0 | 17% |
| 2019 | 1,612,902 | 5,493,314 | −3,880,412 | 20.1 | 6% |
| 2020 | 1,743,742 | 583,307 | 1,160,435 | 215.4 | 49% |
| 2021 | 1,375,779 | 3,490,056 | −2,114,277 | 31.2 | 6% |
| 2022 | 707,187 | 287,357 | 419,830 | 334.9 | 65% |
| 2023 | 140,512 | 183,305 | −42,793 | 594.3 | 57% |
In its most recent public year (2023), this organization spent $42,793 more than it brought in. Its reserves stood at about 594.3 months of spending, up from 93.7 in 2011. Staff pay was 57% of spending. $5,221,962 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Mount Clemens Regional Healthcare Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works