MUNSON HEALTHCARE MANISTEE HOSPITAL

EIN: 380350304 501(c)(3) Health Care

MANISTEE, MI

Total Revenue
$58,621,064
Total Expenses
$61,273,657
Total Assets
$51,198,011
Net Assets
$43,336,777
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
MI
Principal Officer
KELLY TOMASZEWSKI
Phone
2313981000
Tax Period
2022-07-01 to 2023-06-30

MUNSON HEALTHCARE MANISTEE HOSPITAL, founded in 1988, is a mid-sized nonprofit in the Health Care sector that reported $58.6M in total revenue in fiscal year 2022. Revenue decreased 19% compared to the prior year.

Mission

AS A VITAL PART OF MUNSON HEALTHCARE, MUNSON HEALTHCARE MANISTEE HOSPITAL EXISTS TO DELIVER COMPREHENSIVE QUALITY CARE TO PATIENTS IN PARTNERSHIP WITH PHYSICIANS.

Program Service Accomplishments

Program 1
Expenses: $51,057,865 Revenue: $56,570,267

EXPENSES INCURRED WHILE PROVIDING HOSPITAL SERVICES TO THE RESIDENTS OF MANISTEE, MICHIGAN AND THE SURROUNDING AREA WHILE FULFILLING THE HOSPITAL'S MISSION TO PROVIDE HEALTHCARE IN THE COMMUNITY...

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EXPENSES INCURRED WHILE PROVIDING HOSPITAL SERVICES TO THE RESIDENTS OF MANISTEE, MICHIGAN AND THE SURROUNDING AREA WHILE FULFILLING THE HOSPITAL'S MISSION TO PROVIDE HEALTHCARE IN THE COMMUNITY. MUNSON HEALTHCARE MANISTEE HOSPITAL HAD 707 INPATIENT ADMISSIONS IN FISCAL YEAR 2023 AND OVER 60,500 OUTPATIENT VISITS. THE HOSPITAL SERVED MORE THAN 2,000 SURGICAL CASES AND OVER 13,600 EMERGENCY ROOM VISITS. MUNSON HEALTHCARE MANISTEE HOSPITAL ACCEPTS ALL PATIENTS, REGARDLESS OF ABILITY TO PAY. THE HOSPITAL HAS APPROXIMATELY 70 ACTIVE MEDICAL STAFF AND 20 VOLUNTEERS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $1,608,963
Program Service Revenue $56,619,599
Investment Income $-40,116
Other Revenue $432,618
TOTAL REVENUE $58,621,064

Expense Breakdown

Grants Paid $0
Salaries & Benefits $26,940,300
Fundraising Expenses $64,314
Program Expenses $51,057,865
Other Expenses $34,333,357
TOTAL EXPENSES $61,273,657

Year-over-Year Comparison

2022 2021 Change
Revenue $58,621,064 $72,295,046 -0.2%
Expenses $61,273,657 $70,593,392 -0.1%
Net Income $-2,652,593 $1,701,654 -2.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
22
Independent Members
20
Employees
370
Volunteers
20

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✓ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
9
$1,458,608
Total Directors
27
$3,489,277
Key Employees
5
$2,256,020
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EDWIN NESS DIRECTOR 2.00
Director
$0 $229,071 $2,303,995
LAURA GLENN MHC SYSTEM C 2.00
Key Emp
$0 $103,817 $796,656
ROBERT BARRY MD ORTHOPEDIC S 40.00
Highest
$597,892 $36,127 $634,019
LYNNE MCCORMICK DO PHYSICIAN 39.00
Highest
$519,699 $36,128 $562,013
WILLIAM BELL DO SURGEON 40.00
Highest
$445,261 $23,554 $468,815
ALICIA MAITLAND CFO PT-YR 2.00
Officer
$0 $27,634 $463,262
CASEY KANDOW VP ANCILLARY 2.00
Key Emp
$0 $27,931 $456,831
ELLEN SMITH PRES AMB SER 2.00
Key Emp
$0 $57,688 $437,882
TONYA SMITH DIRECTOR 1.00
Director
$0 $22,637 $435,500
MARIAN FULLER MD PHYSICIAN 31.00
Highest
$284,882 $37,910 $400,610
JAMES BARKER PRESIDENT PT 2.00
Officer Director
$0 $16,504 $354,684
VINSON ULEP DO SURGEON 40.00
Highest
$337,036 $14,956 $351,992
KATHLEEN MALY INTERIM CFO 2.00
Officer
$0 $32,174 $320,564
ROBERT RICHARDSON VP FAC & SUP 2.00
Key Emp
$0 $52,067 $313,572
KELLY TOMASZEWSKI PRESIDENT PT 17.00
Officer Director
$104,380 $48,082 $295,098
KATHLEEN LARAIA VP ONCOLOGY 2.00
Key Emp
$0 $32,198 $251,079
THEODORE BATZER DIRECTOR N/A
Director
$0 $0 $5,000
KENNETH BLOEM VICE CHAIR N/A
Officer Director
$0 $0 $5,000
NICK CEGLAREK DIRECTOR N/A
Director
$0 $0 $5,000
ALAN CONRAD DIRECTOR N/A
Director
$0 $0 $5,000
CASEY COWELL DIRECTOR N/A
Director
$0 $0 $5,000
TOM VERYSER DDS DIRECTOR N/A
Director
$0 $0 $5,000
KATHY DIXON DIRECTOR N/A
Director
$0 $0 $5,000
MARLENE HULTEEN DIRECTOR N/A
Director
$0 $0 $5,000
DOUG LUCIANI DIRECTOR N/A
Director
$0 $0 $5,000
RUTH HOPPE MD SECRETARY N/A
Officer Director
$0 $0 $5,000
DAVID MCCURDY DIRECTOR N/A
Director
$0 $0 $5,000
KIM MORLEY DIRECTOR N/A
Director
$0 $0 $5,000
TIM NELSON TREASURER N/A
Officer Director
$0 $0 $5,000
BRIAN POSTMA DIRECTOR N/A
Officer Director
$0 $0 $5,000
OWEN ROBERTS DIRECTOR N/A
Director
$0 $0 $5,000
MICHELLE RUSSELL DIRECTOR N/A
Director
$0 $0 $5,000
MARY SANDERS DIRECTOR N/A
Director
$0 $0 $5,000
KRISTINE THOMAS DIRECTOR N/A
Director
$0 $0 $5,000
ELAINE WOOD CHAIR N/A
Officer Director
$0 $0 $5,000
BRUCE ZENNER DIRECTOR N/A
Director
$0 $0 $5,000
MATT BULLOCH DIRECTOR N/A
Director
$0 $0 $0
DAVE MENGEBIER DIRECTOR N/A
Director
$0 $0 $0
SAKURA TAKANO DIRECTOR N/A
Director
$0 $0 $0
BEN MULADORE DIRECTOR N/A
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $58,621,064 $61,273,657 $51,198,011 $-2,652,593
2022 $72,295,046 $70,593,392 $79,178,166 $1,701,654
2021 $72,814,775 $67,362,122 $88,209,334 $5,452,653
2020 $73,954,666 $68,477,987 $82,424,762 $5,476,679
2019 $77,622,608 $76,944,001 $71,614,411 $678,607
2018 $78,357,704 $75,189,169 $62,648,504 $3,168,535
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