Corewell Health - Michigan State University Alliance Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 31,928 | 828,793 | −796,865 | 10.1 | 37% |
| 2012 | 0 | 719,067 | −719,067 | 12.9 | 65% |
| 2013 | 0 | 801,598 | −801,598 | 11.4 | 53% |
| 2014 | 0 | 1,568,847 | −1,568,847 | 6.4 | 46% |
| 2015 | 0 | 1,561,654 | −1,561,654 | 10.4 | 42% |
| 2016 | 0 | 1,749,273 | −1,749,273 | 6.6 | 43% |
| 2017 | 0 | 1,581,442 | −1,581,442 | 5.9 | 41% |
| 2018 | 0 | 2,681,550 | −2,681,550 | 2.2 | 33% |
| 2019 | 0 | 2,829,992 | −2,829,992 | 3.0 | 38% |
| 2020 | 0 | 2,885,900 | −2,885,900 | 5.1 | 36% |
| 2021 | 0 | 2,448,342 | −2,448,342 | 5.7 | 50% |
| 2022 | 2,000,000 | 2,440,949 | −440,949 | 3.6 | 0% |
| 2023 | 2,600,000 | 2,366,335 | 233,665 | 4.9 | 0% |
In its most recent public year (2023), this organization brought in $233,665 more than it spent. Its reserves stood at about 4.9 months of spending, down from 10.1 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
Corewell Health - Michigan State University Alliance 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