GRACE HEALTH INC

EIN: 382679075 501(c)(3) Health Care

BATTLE CREEK, MI

Total Revenue
$60,554,956
Total Expenses
$57,509,027
Total Assets
$52,062,898
Net Assets
$49,228,220
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
MI
Principal Officer
PETER CHANG
Phone
2699662600
Tax Period
2025-01-01 to 2025-12-31

GRACE HEALTH INC, founded in 1986, is a mid-sized nonprofit in the Health Care sector that reported $60.6M in total revenue in fiscal year 2025. Expenses of $57.5M left a modest 5% surplus.

Mission

TO PROVIDE PATIENT-CENTERED HEALTHCARE WITH EXCELLENCE IN QUALITY, SERVICE AND ACCESS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $8,672,602
Program Service Revenue $50,791,671
Investment Income $914,079
Other Revenue $176,604
TOTAL REVENUE $60,554,956

Expense Breakdown

Grants Paid $0
Salaries & Benefits $33,161,825
Fundraising Expenses $0
Program Expenses $45,926,586
Other Expenses $24,347,202
TOTAL EXPENSES $57,509,027

Year-over-Year Comparison

2025 2024 Change
Revenue $60,554,956 $57,076,900 +0.1%
Expenses $57,509,027 $55,498,901 +0.0%
Net Income $3,045,929 $1,577,999 +0.9%
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
10
Independent Members
10
Employees
499
Volunteers
10

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
9
$1,492,201
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEAN NEWSOME BOARD CHAIR 5.00
Officer Director
$0 $0 $0
TIMOTHY KOOL VICE CHAIR 5.00
Officer Director
$0 $0 $0
ANN GALLAGHER TREASURER 5.00
Officer Director
$0 $0 $0
JAMES REED SECRETARY 5.00
Officer Director
$0 $0 $0
YANIRA FLORES DIRECTOR 5.00
Director
$0 $0 $0
BRIDGETTE JONES DIRECTOR 5.00
Director
$0 $0 $0
THA PAR DIRECTOR 5.00
Director
$0 $0 $0
LATOSHA POTTER DIRECTOR 5.00
Director
$0 $0 $0
KATHERINE SEGAL DIRECTOR 5.00
Director
$0 $0 $0
SHANNON BAGLEY DIRECTOR 5.00
Director
$0 $0 $0
SONJA ELDER VICE PRESIDENT/CIO 40.00
Officer
$211,012 $21,594 $232,606
BRIAN HUTCHINGS VICE PRESIDENT/CFO 40.00
Officer
$206,378 $46,080 $252,458
JILL WISE VICE PRESIDENT/COO 40.00
Officer
$194,390 $49,919 $244,309
PETER CHANG PRESIDENT/CEO 40.00
Officer
$395,118 $49,278 $444,396
BETTY RUMSCHLAG VICE PRESIDENT/CMO 40.00
Officer
$273,210 $45,222 $318,432
NICOLE SALERNO-FETTERHOFF PHYSICIAN 40.00
Highest
$262,852 $19,667 $282,519
ELIZABETH METTLER PHYSICIAN 30.00
Highest
$204,848 $37,310 $242,158
NITAL MURTHI PHYSICIAN 40.00
Highest
$223,853 $21,447 $245,300
MELISSA KEIL DENTIST/DIRECTOR 40.00
Highest
$209,652 $14,221 $223,873
PHUONG TRAN DENTIST 40.00
Highest
$199,712 $44,167 $243,879
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 $60,554,956 $57,509,027 $52,062,898 $3,045,929
2024 $57,076,900 $55,498,901 $48,909,386 $1,577,999
2023 $50,315,402 $47,481,837 $47,609,745 $2,833,565
2022 $40,496,787 $36,882,609 $41,960,686 $3,614,178
2021 $38,102,542 $35,558,833 $41,442,006 $2,543,709
2020 $36,228,891 $31,323,090 $37,428,961 $4,905,801
2019 $34,390,496 $30,647,500 $31,405,020 $3,742,996
2018 $28,753,917 $29,494,193 $29,167,983 $-740,276
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