ST LOUIS, MO
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Ascension Michigan CMG, founded in 1990, is a mid-sized nonprofit in the Health Care sector that reported $50.7M in total revenue in fiscal year 2023. Expenses of $63.5M exceeded revenue, resulting in a 25% operating deficit.
ROOTED IN THE LOVING MINISTRY OF JESUS AS HEALER, WE COMMIT OURSELVES TO SERVING ALL PERSONS WITH SPECIAL ATTENTION TO THOSE WHO ARE POOR AND VULNERABLE. OUR CATHOLIC HEALTH MINISTRY IS DEDICATED TO SPIRITUALLY-CENTERED, HOLISTIC CARE WHICH SUSTAINS AND IMPROVES THE HEALTH OF INDIVIDUALS AND COMMUNITIES. WE ARE ADVOCATES FOR A COMPASSIONATE AND JUST SOCIETY THROUGH OUR ACTIONS AND OUR WORDS.
The filing organization is a part of the Ascension Catholic Health Ministry. Ascension is a faith-based healthcare organization that delivers personalized, compassionate care to all, especially to...
The filing organization is a part of the Ascension Catholic Health Ministry. Ascension is a faith-based healthcare organization that delivers personalized, compassionate care to all, especially to those who need it the most. Ascension Michigan CMG TOTAL PHYSICIAN VISITS in fiscal year 2024: 317,363. IN FURTHERANCE OF ITS MISSION AND IN AN EFFORT TO REDUCE THE GOVERNMENT'S FINANCIAL BURDEN, Ascension Michigan CMG PROVIDES ESSENTIAL HEALTH CARE SERVICES TO LOW INCOME PATIENTS AS WELL AS COMMUNITY SERVICES. Ascension Michigan CMG is committed to delivering comprehensive and compassionate health care to patients of all ages and their families. While encompassing a cost-effective approach, our medical team will provide the highest quality medical care with the best outcome in mind.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $50,708,302 | $49,172,604 | +0.0% |
| Expenses | $63,483,752 | $63,702,144 | 0.0% |
| Net Income | $-12,775,450 | $-14,529,540 | -0.1% |
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 |
|---|---|---|---|---|---|---|
| CAROL L SCHMIDT | MINISTRY MARKET EXECUTIVE/PRESIDENT | 0.0 |
Officer
Director
|
$0 | $93,945 | $2,555,848 |
| MICHAEL MCCULLOUGH | CFO, MINISTRY MARKET | 0.0 |
Officer
|
$0 | $41,393 | $956,345 |
| DOUGLAS TODD MYERS | FORMER OFFICER (END 3/2023) | 0.0 |
|
$0 | $12,783 | $648,758 |
| JONATHAN SAMUEL NALLI FACHE | FORMER OFFICER (END 12/2022) | 0.0 |
|
$0 | $28,253 | $2,344,273 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $50,708,302 | $63,483,752 | $7,762,942 | $-12,775,450 |
| 2023 | $49,172,604 | $63,702,144 | $8,064,328 | $-14,529,540 |
| 2022 | $45,482,130 | $61,015,759 | $8,104,823 | $-15,533,629 |
| 2021 | $49,102,663 | $57,531,989 | $10,296,135 | $-8,429,326 |
| 2020 | $40,738,480 | $57,893,298 | $7,991,328 | $-17,154,818 |
| 2019 | $42,760,622 | $54,355,749 | $10,425,274 | $-11,595,127 |
| 2018 | $41,938,731 | $48,547,520 | $10,867,621 | $-6,608,789 |
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