HOSPITAL HOSPITALITY HOUSE OF SOUTHWEST MICHIGAN INC (EIN 382540700) - 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

1985

Legal Domicile

Principal Officer

JIM PAPARELLA

Phone

2693417811

Tax Period

2024-01-01 to 2024-12-31

HOSPITAL HOSPITALITY HOUSE OF SOUTHWEST MICHIGAN INC, founded in 1985, is a small nonprofit that reported $713K in total revenue in fiscal year 2024. Revenue surged 36% from the prior year, signaling strong growth momentum. Net assets of $7.0M represent 117 months of operating reserves.

Mission

WE MAKE IT EASIER FOR FAMILIES TO SUPPORT THEIR LOVED ONE RECEIVING MEDICAL CARE BY PROVIDING A HOMELIKE, COMFORTING PLACE TO STAY.

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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 $314,820

Program Service Revenue $0

Investment Income $275,547

Other Revenue $122,985

TOTAL REVENUE $713,352

Expense Breakdown

Grants Paid $0

Salaries & Benefits $459,163

Fundraising Expenses $52,742

Program Expenses $616,408

Other Expenses $325,345

TOTAL EXPENSES $784,508

Year-over-Year Comparison

	2024	2023	Change
Revenue	$713,352	$523,491	+0.4%
Expenses	$784,508	$737,215	+0.1%
Net Income	$-71,156	$-213,724	-0.7%

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

Volunteers

175

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

$95,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JIM PAPARELLA	EXECUTIVE DI	40.00	Officer	$95,000	$0	$95,000
NICK WHITE	CHAIR	2.00	Officer Director	$0	$0	$0
CARIE FAUL	VICE CHAIR	2.00	Officer Director	$0	$0	$0
CAROL PATRIDGE	TREASURER	2.00	Officer Director	$0	$0	$0
BRIDGET VANDENBUSSCHE	SECRETARY	2.00	Officer Director	$0	$0	$0
KERRI CARPENTER	DIRECTOR	1.00	Director	$0	$0	$0
RYAN HORN	DIRECTOR	1.00	Director	$0	$0	$0
ROBIN LOVELY	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN MCCARTHY	DIRECTOR	1.00	Director	$0	$0	$0
AARON HILLIARD	DIRECTOR	1.00	Director	$0	$0	$0
JULIE JENSEN	DIRECTOR	1.00	Director	$0	$0	$0
BARB MULDER	DIRECTOR	1.00	Director	$0	$0	$0
BARNEY NAYLOR	DIRECTOR	1.00	Director	$0	$0	$0
SALLY OSSEWAARDE	DIRECTOR	1.00	Director	$0	$0	$0
ALLISON WISSER	DIRECCTOR	1.00	Director	$0	$0	$0
TANYA HEWITT-SMITH	DIRECTOR	1.00	Director	$0	$0	$0
RENU SHARMA	DIRECTOR	1.00	Director	$0	$0	$0
BEN COHEN	DIRECTOR	1.00	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
2024	$713,352	$784,508	$7,020,574	$-71,156
2023	$523,491	$737,215	$6,666,897	$-213,724
2022	$423,351	$627,075	$6,319,242	$-203,724
2021	$600,236	$576,952	$7,179,818	$23,284
2020	$557,602	$524,461	$6,580,481	$33,141
2019	$496,459	$514,032	$6,234,196	$-17,573
2018	$824,230	$458,922	$5,771,361	$365,308

HOSPITAL HOSPITALITY HOUSE OF SOUTHWEST MICHIGAN INC