Northern Michigan Health Consortium
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 504,110 | 484,690 | 19,420 | 15.0 | 0% |
| 2021 | 597,240 | 627,345 | −30,105 | 11.0 | 0% |
| 2022 | 755,885 | 705,759 | 50,126 | 10.7 | 0% |
| 2023 | 1,080,115 | 1,206,387 | −126,272 | 5.0 | 0% |
In its most recent public year (2023), this organization spent $126,272 more than it brought in. Its reserves stood at about 5 months of spending, down from 15 in 2020. Staff pay was 0% of spending. $482,037 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
Northern Michigan Health Consortium'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