Promedica Coldwater Regional Hospital
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 66,159,368 | 67,041,920 | −882,552 | 5.7 | 44% |
| 2019 | 73,060,094 | 71,725,582 | 1,334,512 | 7.3 | 43% |
| 2020 | 69,773,087 | 71,287,624 | −1,514,537 | 2.8 | 44% |
| 2021 | 78,207,651 | 78,031,035 | 176,616 | 2.2 | 44% |
| 2022 | 77,431,587 | 90,534,189 | −13,102,602 | 2.2 | 37% |
| 2023 | 80,532,810 | 86,496,732 | −5,963,922 | 0.6 | 36% |
In its most recent public year (2023), this organization spent $5,963,922 more than it brought in. Its reserves stood at about 0.6 months of spending, down from 5.7 in 2018. Staff pay was 36% of spending. $4,459,046 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
Promedica Coldwater Regional Hospital'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