Alma, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Michigan Masonic Home, founded in 1996, is a mid-sized nonprofit in the Human Services sector that reported $42.1M in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $6.5M, a strong 15% operating margin.
Michigan Masonic Home and its related services will maintain a chariable mission while providing quality retirement services to Masonic Family Members and to the communnities in which they live.
Michigan Masonic Home, d/b/a Masonic Pathways, operates a continuing care retirement community, that includes 221 licensed Home for the Aged (HFA) beds, 204 licensed Medicare/Medicaid certified...
Michigan Masonic Home, d/b/a Masonic Pathways, operates a continuing care retirement community, that includes 221 licensed Home for the Aged (HFA) beds, 204 licensed Medicare/Medicaid certified nursing care center beds, and 38 independent duplexes. Approximately one half of the residents receive charitable assistance either through our Masonic Assistance Program and/or Medicaid.
Michigan Masonic Home received the following grants in FY 2024: 04/15/2024: Awarded additional $27,850.00 by MDHHS for SNF Staffing costs reimbursement. 09/24/2024: Awarded $500 for SNF staff...
Michigan Masonic Home received the following grants in FY 2024: 04/15/2024: Awarded additional $27,850.00 by MDHHS for SNF Staffing costs reimbursement. 09/24/2024: Awarded $500 for SNF staff participation in pilot Survey On Patient Safety Culture through Agency for Healthcare Research and Quality (AHRQ) 11/04/2024: Awarded $14,952.00 over 3-year period by MDHHS Civil Monetary Penalty Fund for Quality-of-Care Staff Training.
Michigan Masonic Home, d/b/a Masonic Pathways provided and paid for approximately 50 direct resident care staff in the Home for the Aged (HFA) to become Certified Nursing Assistants (CNA's).
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $42,134,481 | $33,852,315 | +0.2% |
| Expenses | $35,678,096 | $36,312,852 | 0.0% |
| Net Income | $6,456,385 | $-2,460,537 | -3.6% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Bruce Caswell | President | 0.25 |
Officer
Director
|
$0 | $0 | $0 |
| Tamela J Rusch-D'Aguanno | Vice President | 0.25 |
Officer
Director
|
$0 | $0 | $0 |
| Jennifer Snider | Secretary | 0.25 |
Officer
Director
|
$0 | $0 | $0 |
| Larry Inscho | Treasurer | 0.25 |
Officer
Director
|
$0 | $0 | $0 |
| Gary Paquet | Chairman | 0.25 |
Director
|
$0 | $0 | $0 |
| William Sauget | Chairman | 0.25 |
Director
|
$0 | $0 | $0 |
| Eugene Abbaticchio | Chairman | 0.25 |
Director
|
$0 | $0 | $0 |
| Omar Flores | Chairman | 0.25 |
Director
|
$0 | $0 | $0 |
| James Groat | Chairman | 0.25 |
Director
|
$0 | $0 | $0 |
| Jeffrey Moyer | Chairman | 0.25 |
Director
|
$0 | $0 | $0 |
| John P Groves | Chairman | 0.25 |
Director
|
$0 | $0 | $0 |
| Robin A Whitmore | CEO | 50.00 |
Officer
|
$211,198 | $33,898 | $245,096 |
| Michael Logan | Former CEO | 40.00 |
Officer
|
$229,000 | $0 | $229,000 |
| Kari Conn | Executive Director | 40.00 |
Highest
|
$135,732 | $8,049 | $143,781 |
| Monica Goodrich | Director of Nursing | 40.00 |
Highest
|
$122,748 | $23,816 | $146,564 |
| Bethany A Tripp | MDS Coordinator | 40.00 |
Highest
|
$107,667 | $6,975 | $114,642 |
| Donovan Miller | Information Systems Director | 40.00 |
Highest
|
$119,291 | $15,354 | $134,645 |
| Prakash Sarvepalli | Medical Director | 40.00 |
Highest
|
$218,976 | $500 | $219,476 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2026 | No data | No data | No data | No data |
| 2025 | $42,134,481 | $35,678,096 | $61,836,297 | $6,456,385 |
| 2024 | $33,852,315 | $36,312,852 | $56,671,122 | $-2,460,537 |
| 2023 | $34,791,820 | $37,857,067 | $59,971,957 | $-3,065,247 |
| 2022 | $42,710,892 | $41,545,148 | $64,886,043 | $1,165,744 |
| 2021 | $42,067,095 | $43,529,367 | $60,837,249 | $-1,462,272 |
| 2020 | $43,622,202 | $43,618,764 | $52,789,973 | $3,438 |
| 2019 | $43,147,550 | $41,134,627 | $46,961,939 | $2,012,923 |
| 2018 | $40,173,655 | $39,201,896 | $46,106,897 | $971,759 |
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