Saginaw, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Great Lakes Bay Health Centers, founded in 1970, is a major nonprofit in the Health Care sector that reported $109.5M in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $102.8M left a modest 6% surplus.
To provide high quality health care to individuals and community groups in Saginaw, Bay, and other nearby counties. Services are provided without regard to race, beliefs or ability to pay.
Medical, dental, and behavioral health services were provided to more than 51,000 persons in FY 2024. Target populations include migrant and seasonal farm workers, low income individuals...
Medical, dental, and behavioral health services were provided to more than 51,000 persons in FY 2024. Target populations include migrant and seasonal farm workers, low income individuals, uninsured/underinsured individuals, and other populations with limited access to health care services. GLBHC programs continue to grow and develop with the goal of positively impacting the health and well-being of community residents by improving health outcomes such as infant mortality, diabetes, chronic diseases, behavioral health issues, and other health conditions. The organization was a leader in service area efforts to address the COVID-19 pandemic. The COVID-19 response included the provision of accessible testing, community education, and vaccination services for vulnerable populations.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $109,497,075 | $89,385,319 | +0.2% |
| Expenses | $102,849,745 | $86,455,817 | +0.2% |
| Net Income | $6,647,330 | $2,929,502 | +1.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Timothy Zlomak | Chairman | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Albert Martenis III | Vice Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Deborah Mack | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Sam Pruitt II | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Monica Reyes | Assistant Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Dwayne Parker | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Michelle Stolsmark | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| John Martin | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Pastor Craig Tatum | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Tarshia Lewis | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Lisa Wilson | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Jacob Christoforo | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| John Rezayi | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Amy Evans | CFO | 40.00 |
Officer
|
$260,120 | $33,882 | $294,002 |
| Angelia Williams-Welch | Senior VP | 40.00 |
Officer
|
$198,483 | $16,769 | $215,252 |
| Brenda Coughlin | CEO | 40.00 |
Officer
|
$490,823 | $39,798 | $530,621 |
| Lisa Call | Deputy Director | 40.00 |
Officer
|
$392,197 | $31,839 | $424,036 |
| Norman Chapin | Chief Medical Office | 40.00 |
Officer
|
$361,054 | $18,966 | $380,020 |
| Paul Crowley | Chief Dental Officer | 40.00 |
Officer
|
$254,375 | $26,286 | $280,661 |
| James Furbush | COO | 40.00 |
Officer
|
$141,830 | $12,309 | $154,139 |
| Heidi Brechtelsbauer | VP Clinical Services | 40.00 |
Key Emp
|
$202,284 | $30,632 | $232,916 |
| Antione Martin | CWO | 40.00 |
Key Emp
|
$176,665 | $13,760 | $190,425 |
| Jeff Larson | CGDO | 40.00 |
Key Emp
|
$179,796 | $28,642 | $208,438 |
| Bradley Merrills MD | Physician | 40.00 |
Highest
|
$432,652 | $25,388 | $458,040 |
| Michael Ingram MD | Physician | 40.00 |
Highest
|
$368,488 | $36,523 | $405,011 |
| Caleb Dean MD | Physician | 40.00 |
Highest
|
$355,592 | $35,268 | $390,860 |
| Toby Long MD | Physician | 40.00 |
Highest
|
$324,847 | $36,443 | $361,290 |
| Christopher Robertz MD | Physician | 40.00 |
Highest
|
$304,205 | $22,033 | $326,238 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $109,497,075 | $102,849,745 | $72,869,574 | $6,647,330 |
| 2024 | $89,385,319 | $86,455,817 | $67,625,538 | $2,929,502 |
| 2023 | $80,685,632 | $74,575,449 | $63,047,797 | $6,110,183 |
| 2022 | $68,616,758 | $67,013,110 | $43,109,994 | $1,603,648 |
| 2021 | $66,830,188 | $60,314,607 | $40,582,063 | $6,515,581 |
| 2020 | $58,466,879 | $58,457,024 | $33,227,173 | $9,855 |
| 2019 | $58,134,232 | $52,707,072 | $36,172,408 | $5,427,160 |
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