GRAND RAPIDS, MI
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)VERSITI MICHIGAN INC, founded in 1955, is a mid-sized nonprofit in the Health Care sector that reported $74.8M in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $69.6M left a modest 7% surplus.
VERSITI MICHIGAN, INC. (VERSITI MICHIGAN) IS A BLOOD HEALTH INNOVATOR WHICH ENHANCES LIVES THROUGH DISCOVERY, DIAGNOSIS AND TREATMENT. VERSITI EXPANDS THE FRONTIERS OF PATIENT HEALTH THROUGH THE INTEGRATION OF SCIENCE, MEDICINE AND SERVICE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $74,790,441 | $69,044,445 | +0.1% |
| Expenses | $69,635,492 | $65,377,053 | +0.1% |
| Net Income | $5,154,949 | $3,667,392 | +0.4% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| CHRIS MISKEL | PRESIDENT & CEO | 11.00 |
Officer
Director
|
$324,520 | $57,669 | $1,680,265 |
| FRED GEILFUSS | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| L ALAN WHALEY | VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| COREEN DICUS-JOHNSON JD | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| RON MILLER | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| NICHOLAS BAUER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID GINSBURG MD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CECELIA GORE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| GAIL HANSON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| THOMAS HAUSKE JR | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SHERRY HUSA | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DALE KENT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT H MANEGOLD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JEFFREY S MCDONALD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MAGGEY OPLINGER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN PERRAS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KATHY THORNTON-BIAS | BOARD MEMBER - THRU 6/24 | 1.00 |
Director
|
$0 | $0 | $0 |
| GREG WESLEY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| PETER ZIEGLER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BRIAN BAUTISTA | EVP & CHIEF OPERATING OFFICER | 11.00 |
Officer
|
$162,553 | $53,592 | $866,357 |
| GITESH DUBAL | EVP & CHIEF MKTG. OFF. - THRU 4/24 | 11.00 |
Officer
|
$81,412 | $23,781 | $430,841 |
| ANTHONY WATKINS | EVP&CFO-THRU 3/24;BUS DEV-AS OF 3/24 | 11.00 |
Officer
|
$149,743 | $29,876 | $778,587 |
| JAMES WEIDNER | EVP & CHIEF HR OFFICER | 11.00 |
Officer
|
$114,320 | $56,792 | $628,394 |
| LYNNE BRIGGS | VP & CHIEF INFORMATION OFFICER | 11.00 |
Officer
|
$96,373 | $52,622 | $534,488 |
| BART REUTER | EVP & GENERAL COUNSEL | 11.00 |
Officer
|
$172,320 | $66,046 | $927,646 |
| BRADLEY PIETZ | EVP & CHIEF LABORATORY OFFICER | 11.00 |
Officer
|
$120,183 | $65,430 | $666,345 |
| JESSICA DROUILLARD | VP & CHIEF QUALITY OFFICER | 11.00 |
Officer
|
$55,208 | $18,905 | $294,942 |
| MICHAEL DEININGER MD | EVP & CHIEF SCIENTIFIC OFFICER | 1.00 |
Officer
|
$0 | $39,231 | $709,841 |
| BARBARA BRYANT | EVP & CHIEF MED. OFF. - THRU 8/24 | 1.00 |
Officer
|
$0 | $25,848 | $473,670 |
| GRETCHEN JAMESON | EVP & CHIEF MKTG. OFF. - AS OF 4/24 | 11.00 |
Officer
|
$44,083 | $15,013 | $235,428 |
| DEREK TYUS | EVP & CHIEF FINANCIAL OFF. - AS 3/24 | 11.00 |
Officer
|
$90,460 | $48,353 | $500,657 |
| MATTHEW ANDERSON MD | EVP & CHIEF MED. OFF. - AS OF 7/24 | 1.00 |
Officer
|
$0 | $65,850 | $537,718 |
| TIMOTHY PANCIOLI DO | ASSOCIATE MEDICAL DIRECTOR | 55.00 |
Highest
|
$253,383 | $42,360 | $295,743 |
| PERPETUE U BARIYANGA | SR REG NURSE THERAPEUTIC SERVICES | 55.00 |
Highest
|
$178,958 | $26,969 | $205,927 |
| KRISTIN RONCHETTI-BRENNER | AVP & SR DIRECTOR DONOR SERVICES | 55.00 |
Highest
|
$177,260 | $10,140 | $187,400 |
| MICHELLE MAMBY | SR REG NURSE THERAPEUTIC SERVICES | 55.00 |
Highest
|
$174,672 | $24,965 | $199,637 |
| DAWN KAISER | DIRECTOR DONOR SERVICES | 55.00 |
Highest
|
$151,232 | $36,868 | $188,100 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $74,790,441 | $69,635,492 | $49,437,276 | $5,154,949 |
| 2023 | $69,044,445 | $65,377,053 | $44,741,001 | $3,667,392 |
| 2022 | $65,203,787 | $63,869,912 | $40,583,920 | $1,333,875 |
| 2021 | $66,476,683 | $63,171,008 | $40,816,832 | $3,305,675 |
| 2020 | $59,930,263 | $58,580,268 | $38,388,950 | $1,349,995 |
| 2019 | $58,063,694 | $59,125,807 | $33,870,208 | $-1,062,113 |
Compare VERSITI MICHIGAN INC with other nonprofits in Michigan and across the country.