MYMICHIGAN MEDICAL CENTER STANDISH

EIN: 381671120 501(c)(3) Health Care

MIDLAND, MI

Total Revenue
$28,742,313
Total Expenses
$29,278,153
Total Assets
$11,337,865
Net Assets
$5,336,017
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1960
Legal Domicile
MI
Principal Officer
MICHAEL ERICKSON
Phone
9898379039
Tax Period
2024-07-01 to 2025-06-30

MYMICHIGAN MEDICAL CENTER STANDISH, founded in 1960, is a mid-sized nonprofit in the Health Care sector that reported $28.7M in total revenue in fiscal year 2024.

Mission

CREATING HEALTHY COMMUNITIES - TOGETHER

Program Service Accomplishments

Program 1
Expenses: $25,777,220 Revenue: $28,649,057

MYMICHIGAN MEDICAL CENTER STANDISH PROVIDES NURSING AND PROFESSIONAL SERVICES, IN A RURAL AREA, FOR ACUTE INPATIENTS, EMERGENCY, AND OUTPATIENTS DURING THE FISCAL YEAR ENDING JUNE 30, 2025. INPATIENT...

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MYMICHIGAN MEDICAL CENTER STANDISH PROVIDES NURSING AND PROFESSIONAL SERVICES, IN A RURAL AREA, FOR ACUTE INPATIENTS, EMERGENCY, AND OUTPATIENTS DURING THE FISCAL YEAR ENDING JUNE 30, 2025. INPATIENT SERVICES WERE PROVIDED TO 503 PATIENTS TOTALING 1,547 DAYS OF CARE. 27,925 PATIENTS RECEIVED OUTPATIENTS SERVICES, WITH EMERGENCY ROOM VISITS TOTALING 7,154.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $28,637,269
Investment Income $1,748
Other Revenue $103,296
TOTAL REVENUE $28,742,313

Expense Breakdown

Grants Paid $0
Salaries & Benefits $12,328,455
Fundraising Expenses $0
Program Expenses $25,777,220
Other Expenses $16,949,698
TOTAL EXPENSES $29,278,153

Year-over-Year Comparison

2024 2023 Change
Revenue $28,742,313 $26,799,082 +0.1%
Expenses $29,278,153 $24,604,515 +0.2%
Net Income $-535,840 $2,194,567 -1.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
17
Independent Members
10
Employees
144
Volunteers
6

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
10
$6,171,358
Total Directors
29
$9,049,536
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SCHMIDT CAROL MINISTRY MARKET EXECUTIVE/PRESIDENT (PART YEAR) 0.50
Officer Director
$0 $45,856 $2,826,319
WATSON PINNEY MD LYDIA DIRECTOR (PART YEAR) 0.50
Director
$0 $372,993 $2,106,820
ROSE MICHAEL SR VP, CFO & TREASURER (PART YEAR) 0.50
Officer Director
$0 $150,373 $1,183,179
MCCULLOGH MICHAEL CFO, MINISTRY MARKET (PART YEAR) 0.50
Officer Director
$0 $46,446 $1,146,026
NALLI JONATHAN SAMUEL FORMER OFFICER 0.00
$0 $949,654 $949,654
ERICKSON MICHAEL PRESIDENT (PART YEAR) 0.50
Officer Director
$0 $90,525 $658,622
HAYWOOD NANCY FORMER OFFICER 0.00
$0 $49,072 $616,063
LYNCH MD BRODI DIRECTOR (PART YEAR) 50.50
Director
$444,363 $45,856 $490,219
MYERS DOUGLAS TODD FORMER OFFICER 0.00
$0 $0 $383,721
GOODWIN PETER GENERAL COUNSEL & SECRETARY (PART YEAR) 0.50
Officer Director
$0 $16,352 $357,212
MAY MD JO STUDLEY DIRECTOR (PART YEAR) 0.50
Director
$0 $18,048 $259,758
POCOBELLO REBEKAH RN 50.00
Highest
$141,292 $18,296 $159,588
SLOCUM ANDREW NP 50.00
Highest
$120,668 $31,184 $151,852
ZASKE JEANETTE ADMINISTRATOR - NURSING HOME 50.00
Highest
$133,436 $7,800 $141,236
BORUSHKO BONNIE RN 50.00
Highest
$132,918 $8,303 $141,221
FOCO STACY RN 50.00
Highest
$121,791 $8,415 $130,206
BABEL MD JAMES BAILEY DIRECTOR (PART YEAR) 0.50
Director
$0 $0 $12,056
BAYS MD RONALD DIRECTOR (PART YEAR) 0.50
Director
$0 $0 $9,325
BOLES MD JAMES SECRETARY/TREASURER (PART YEAR) 0.50
Officer Director
$0 $0 $0
MEYER STEVE CHAIR (PART YEAR) 0.50
Officer Director
$0 $0 $0
MURPHY LESLIE CHAIR (PART YEAR) 0.50
Officer Director
$0 $0 $0
BRANCH CANADY RENEE VICE CHAIR (PART YEAR) 0.50
Officer Director
$0 $0 $0
CATHERINE HANNAH MARY VICE CHAIR (PART YEAR) 0.50
Officer Director
$0 $0 $0
BAUMAN HEATHER DIRECTOR (PART YEAR) 0.50
Director
$0 $0 $0
BETHUNE ANDREW DIRECTOR (PART YEAR) 0.50
Director
$0 $0 $0
FLEGENHEIMER MARK DIRECTOR (PART YEAR) 0.50
Director
$0 $0 $0
FREEL JOHN DIRECTOR (PART YEAR) 0.50
Director
$0 $0 $0
GREENE JIMMY DIRECTOR (PART YEAR) 0.50
Director
$0 $0 $0
MAGANTI MD BAPINEEDU DIRECTOR (PART YEAR) 0.50
Director
$0 $0 $0
MASTRACCI DITMYER MARCIA DIRECTOR (PART YEAR) 0.50
Director
$0 $0 $0
MEADOWS PHYLLIS DIRECTOR (PART YEAR) 0.50
Director
$0 $0 $0
MOORE TERRY DIRECTOR (PART YEAR) 0.50
Director
$0 $0 $0
O'BRIEN AVEC DIRECTOR (PART YEAR) 0.50
Director
$0 $0 $0
POZO SUSAN DIRECTOR (PART YEAR) 0.50
Director
$0 $0 $0
SAUNDERS DAVID DIRECTOR (PART YEAR) 0.50
Director
$0 $0 $0
STREIBEL KENNETH DIRECTOR (PART YEAR) 0.50
Director
$0 $0 $0
ZAKS JEFFERY DIRECTOR (PART YEAR) 0.50
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 $28,742,313 $29,278,153 $11,337,865 $-535,840
2024 No data No data No data No data
2023 $25,870,601 $25,415,157 $12,614,363 $455,444
2022 $27,249,295 $25,253,117 $11,937,147 $1,996,178
2021 $24,048,466 $23,316,482 $9,770,540 $731,984
2020 $24,198,304 $22,269,008 $7,402,412 $1,929,296
2019 $23,611,548 $20,640,484 $8,966,964 $2,971,064
2018 $21,770,004 $20,363,522 $7,290,690 $1,406,482
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