BRONSON HEALTH FOUNDATION

EIN: 382415081 501(c)(3) Health Care

KALAMAZOO, MI

Total Revenue
$11,182,808
Total Expenses
$8,793,363
Total Assets
$26,775,536
Net Assets
$26,592,529
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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
1982
Legal Domicile
MI
Principal Officer
BILL MANNS
Phone
2693416000
Tax Period
2023-01-01 to 2023-12-31

BRONSON HEALTH FOUNDATION, founded in 1982, is a mid-sized nonprofit in the Health Care sector that reported $11.2M in total revenue in fiscal year 2023. Revenue surged 29% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.4M, a strong 21% operating margin.

Mission

TOGETHER, WE ADVANCE THE HEALTH OF 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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $7,818,607
Program Service Revenue $2,433,778
Investment Income $981,701
Other Revenue $-51,278
TOTAL REVENUE $11,182,808

Expense Breakdown

Grants Paid $6,375,138
Salaries & Benefits $1,468,467
Fundraising Expenses $1,863,582
Program Expenses $6,377,566
Other Expenses $949,758
TOTAL EXPENSES $8,793,363

Year-over-Year Comparison

2023 2022 Change
Revenue $11,182,808 $8,668,235 +0.3%
Expenses $8,793,363 $9,472,811 -0.1%
Net Income $2,389,445 $-804,576 -4.0%
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
18
Independent Members
16
Employees
N/A
Volunteers
16

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
$417,135
Total Directors
20
$6,239,194
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MANNS BILL PRESIDENT AND CEO 4.60
Director
$0 $1,337,326 $3,510,311
KARAMCHANDANI MAHESH C DIRECTOR 4.60
Director
$0 $38,493 $857,495
MORROW TERRY PRESIDENT OF BHF & VP OF DEVELOPMENT BHG 30.00
Officer Director
$0 $89,753 $417,135
LIGGINS JAMES JR VICE CHAIR 1.00
Director
$0 $0 $3,201
JAMES BARBARA THRU 102023 DIRECTOR 1.00
Director
$0 $0 $1,380
FOOR RON TREASURER 1.00
Officer Director
$0 $0 $0
MEHTA ANITA SECRETARY 1.00
Officer Director
$0 $0 $0
WILLIAMSON DONALD VICE CHAIR 1.00
Officer Director
$0 $0 $0
WORGESS RACHEL CHAIR 1.00
Officer Director
$0 $0 $0
ALEXANDER DANNIE DIRECTOR 1.00
Director
$0 $0 $0
DENOOYER WILLIAM DIRECTOR 1.00
Director
$0 $0 $0
EAST STEVE DIRECTOR 1.00
Director
$0 $0 $0
FITZGERALD CHRISTI DIRECTOR 4.60
Director
$0 $63,500 $294,941
HAMANN JR NORMAN DIRECTOR 1.00
Director
$0 $0 $0
HAMILTON PHILIP DIRECTOR 1.00
Director
$0 $0 $0
ROWE DEREK DIRECTOR 1.00
Director
$0 $0 $0
STILES CAROLYN DIRECTOR 1.00
Director
$0 $0 $0
WASHINGTON JR VON IMMEDIATE PAST CHAIR 1.00
Officer Director
$0 $0 $0
WERME HERMSEN KATHARINE DIRECTOR 1.00
Director
$0 $0 $0
EAST REBECCA L SR VP CFO 4.60
Director
$0 $366,305 $1,154,731
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
2024 No data No data No data No data
2023 $11,182,808 $8,793,363 $26,775,536 $2,389,445
2022 $8,668,235 $9,472,811 $22,677,094 $-804,576
2021 $12,701,155 $10,037,225 $27,907,141 $2,663,930
2020 $9,264,478 $11,568,532 $28,958,544 $-2,304,054
2019 $9,900,469 $7,756,716 $25,175,635 $2,143,753
2018 $6,671,105 $5,049,149 $20,127,122 $1,621,956
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