Health Care Association Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,358,111 | 2,179,752 | 178,359 | 5.1 | 56% |
| 2012 | 2,374,019 | 2,334,659 | 39,360 | 4.9 | 35% |
| 2013 | 2,620,394 | 2,483,018 | 137,376 | 5.3 | 47% |
| 2014 | 2,590,363 | 2,564,980 | 25,383 | 5.5 | 47% |
| 2015 | 3,131,543 | 3,074,519 | 57,024 | 4.8 | 40% |
| 2016 | 3,020,482 | 2,875,409 | 145,073 | 5.8 | 44% |
| 2017 | 3,019,621 | 2,944,856 | 74,765 | 5.9 | 44% |
| 2018 | 2,826,812 | 2,778,195 | 48,617 | 6.5 | 40% |
| 2019 | 3,123,879 | 2,966,845 | 157,034 | 6.7 | 41% |
| 2020 | 3,132,080 | 3,027,640 | 104,440 | 7.0 | 41% |
| 2021 | 3,301,683 | 3,103,634 | 198,049 | 7.6 | 47% |
| 2022 | 3,367,862 | 3,213,774 | 154,088 | 7.9 | 39% |
In its most recent public year (2022), this organization brought in $154,088 more than it spent. Its reserves stood at about 7.9 months of spending, up from 5.1 in 2011. Staff pay was 39% 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 2022. 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
Health Care Association Of Michigan's IRS filings as a feed — one entry per filing year, through 2022. 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