Michigan Health Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 648 | 411,126 | −410,478 | 513.1 | 0% |
| 2012 | 122,335 | 419,041 | −296,706 | 659.1 | 0% |
| 2013 | 468,453 | 511,969 | −43,516 | 722.3 | 0% |
| 2014 | 4,271,247 | 557,107 | 3,714,140 | 763.9 | 0% |
| 2015 | 4,263,160 | 558,708 | 3,704,452 | 974.8 | 0% |
| 2016 | 9,665,887 | 547,953 | 9,117,934 | 1192.4 | 0% |
| 2017 | 2,556,000 | 570,538 | 1,985,462 | 1171.4 | 0% |
| 2018 | 4,761,865 | 1,125,067 | 3,636,798 | 615.2 | 0% |
| 2019 | 11,255,436 | 1,880,790 | 9,374,646 | 369.1 | 0% |
| 2020 | 10,643,138 | 1,759,111 | 8,884,027 | 398.6 | 0% |
| 2021 | 5,932,551 | 1,775,613 | 4,156,938 | 393.2 | 0% |
| 2022 | 6,089,336 | 1,922,086 | 4,167,250 | 351.2 | 0% |
| 2023 | 5,198,379 | 2,259,524 | 2,938,855 | 296.4 | 0% |
In its most recent public year (2023), this organization brought in $2,938,855 more than it spent. Its reserves stood at about 296.4 months of spending, down from 513.1 in 2011. Staff pay was 0% of spending.
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
Michigan Health Corporation'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