PAUL OLIVER MEMORIAL HOSPITAL

EIN: 381415623 501(c)(3) Health Care

TRAVERSE CITY, MI

Total Revenue
$25,386,886
Total Expenses
$24,918,687
Total Assets
$19,144,393
Net Assets
$15,239,597
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Financial Trends

Organization Details

Formation Year
1944
Legal Domicile
MI
Principal Officer
KELLY TOMASZEWSKI
Phone
2313529621
Tax Period
2022-07-01 to 2023-06-30

PAUL OLIVER MEMORIAL HOSPITAL, founded in 1944, is a mid-sized nonprofit in the Health Care sector that reported $25.4M in total revenue in fiscal year 2022. Revenue decreased 9% compared to the prior year.

Mission

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

Program Service Accomplishments

Program 1
Expenses: $20,837,774 Revenue: $24,188,355

EXPENSES INCURRED WHILE PROVIDING HOSPITAL SERVICES TO THE RESIDENTS OF BENZIE COUNTY AND THE SURROUNDING AREA WHILE FULFILLING THE HOSPITAL'S MISSION TO PROVIDE HEALTHCARE IN THE COMMUNITY. PAUL...

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EXPENSES INCURRED WHILE PROVIDING HOSPITAL SERVICES TO THE RESIDENTS OF BENZIE COUNTY AND THE SURROUNDING AREA WHILE FULFILLING THE HOSPITAL'S MISSION TO PROVIDE HEALTHCARE IN THE COMMUNITY. PAUL OLIVER MEMORIAL HOSPITAL HAD 19 INPATIENT ADMISSIONS IN FISCAL YEAR 2023 AND OVER 42,900 OUTPATIENT VISITS. THE HOSPITAL SERVED 119 SURGICAL CASES AND OVER 5,800 EMERGENCY ROOM VISITS. PAUL OLIVER MEMORIAL HOSPITAL ACCEPTS ALL PATIENTS, REGARDLESS OF ABILITY TO PAY. THE HOSPITAL HAS 47 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 $1,154,052
Program Service Revenue $24,189,084
Investment Income $853
Other Revenue $42,897
TOTAL REVENUE $25,386,886

Expense Breakdown

Grants Paid $0
Salaries & Benefits $13,594,205
Fundraising Expenses $27,384
Program Expenses $20,837,774
Other Expenses $11,324,482
TOTAL EXPENSES $24,918,687

Year-over-Year Comparison

2022 2021 Change
Revenue $25,386,886 $27,769,148 -0.1%
Expenses $24,918,687 $23,351,382 +0.1%
Net Income $468,199 $4,417,766 -0.9%
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
264
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
28
$3,489,277
Key Employees
7
$2,692,605
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EDWIN A NESS DIRECTOR 1.00
Director
$0 $229,071 $2,303,995
LAURA GLENN COO MHC SYST 2.00
Key Emp
$0 $103,817 $796,656
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
PETER MARINOFF FORMER PRESI N/A
$0 $69,942 $419,772
MARK KUIPER MD PHYSICIAN 40.00
Highest
$327,127 $37,334 $364,461
JAMES BARKER PRESIDENT PT 2.00
Officer Director
$0 $16,504 $354,684
KATHLEEN MALY INTERIM CFO 2.00
Officer
$0 $32,174 $320,564
ROB RICHARDSON VP FACILITIE 2.00
Key Emp
$0 $52,067 $313,572
KELLY TOMASZEWSKI PRESIDENT PT 2.00
Officer Director
$0 $48,082 $295,098
NANCY SMITH MD PHYSICIAN 40.00
Highest
$258,069 $24,254 $282,323
KATHLEEN LARAIA VP ONCOLOGY 2.00
Key Emp
$0 $32,198 $251,079
KRISTINE JOHNSON LTC DIRECTOR 40.00
Key Emp
$197,396 $39,003 $236,399
TODD RICHARDS PHYSICIAN AS 40.00
Highest
$187,620 $14,833 $202,453
DARREN HODGES DIRECTOR PHY 2.00
Key Emp
$0 $27,161 $200,186
LUKE HOLLY PHYSICIAN AS 40.00
Highest
$164,428 $26,062 $190,490
KEITH EATON MD PHYSICIAN 40.00
Highest
$182,532 $5,226 $187,758
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
DAVID MCCURDY DIRECTOR N/A
Director
$0 $0 $5,000
RUTH HOPPE MD SECRETARY N/A
Officer 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
Director
$0 $0 $5,000
OWEN ROBERTS DIRECTOR N/A
Director
$0 $0 $5,000
MICHELLE RUSSELL DIRECTOR N/A
Officer 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
BEN MULADORE DIRECTOR N/A
Director
$0 $0 $0
SAKURA TAKANO DIRECTOR N/A
Director
$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 $25,386,886 $24,918,687 $19,144,393 $468,199
2022 $27,769,148 $23,351,382 $28,215,616 $4,417,766
2021 $22,547,926 $22,144,875 $25,045,335 $403,051
2020 $20,823,752 $20,286,832 $24,632,985 $536,920
2019 $19,624,123 $19,772,093 $19,889,159 $-147,970
2018 $16,931,036 $19,401,304 $20,512,915 $-2,470,268
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