MYMICHIGAN MEDICAL CENTER STANDISH (EIN 381671120) - Form 990 Financial Analysis & Trantor Score

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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

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 BY PROVIDING EXCELLENT HEALTH SERVICES TO IMPROVE THE QUALITY OF LIFE FOR PEOPLE IN OUR COMMUNITIES.

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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%)

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

Governance

Voting Members

Independent Members

Employees

144

Volunteers

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

$6,171,358

Total Directors

$9,049,536

Key Employees

Highest Compensated

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

MYMICHIGAN MEDICAL CENTER STANDISH