WEST MICHIGAN FACILITIES CORPORATION

EIN: 382707219

ANN ARBOR, MI

Total Revenue
$123,600
Total Expenses
$261,166
Total Assets
$2,690,353
Net Assets
$170,353
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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
PAULA THORTON GREEAR
Phone
7349264800
Tax Period
2024-07-01 to 2025-06-30

WEST MICHIGAN FACILITIES CORPORATION, founded in 1986, is a small nonprofit that reported $124K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $261K exceeded revenue, resulting in a 111% operating deficit.

Mission

THIS CORPORATION IS A FIXED ASSET HOLDING COMPANY WHICH OWNS THE PROPERTY USED BY PLANNED PARENTHOOD OF MICHIGAN IN THE FULFILLMENT OF THEIR STATED MISSION.

Program Service Accomplishments

Program 1
Expenses: $261,165 Revenue: $123,600

OPERATIONS OF PROPERTY USED BY PLANNED PARENTHOOD OF MICHIGAN

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $123,600
Investment Income $0
Other Revenue $0
TOTAL REVENUE $123,600

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $261,165
Other Expenses $261,166
TOTAL EXPENSES $261,166

Year-over-Year Comparison

2024 2023 Change
Revenue $123,600 $138,000 -0.1%
Expenses $261,166 $231,293 +0.1%
Net Income $-137,566 $-93,293 +0.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
6
Employees
N/A
Volunteers
N/A

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
$424,731
Total Directors
7
$424,731
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAULA THORTON GREEAR PRESIDENT/CEO 3.00
Officer Director
$0 $25,815 $424,731
STEEVE BUCKRIDGE BOARD CHAIR 1.00
Officer Director
$0 $0 $0
HELEN KATZ VICE CHAIR 1.00
Officer Director
$0 $0 $0
JULIE FUNKE TREASURER 1.00
Officer Director
$0 $0 $0
DONALD PARFET ASSISTANT TREASURER 1.00
Officer Director
$0 $0 $0
JACQULYN HIPPE SECRETARY 1.00
Officer Director
$0 $0 $0
CAROL GOSS MEMBER 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
2025 $123,600 $261,166 $2,690,353 $-137,566
2024 $138,000 $231,293 $2,835,125 $-93,293
2023 $135,600 $244,604 $2,937,990 $-109,004
2022 $114,000 $239,920 $3,036,644 $-125,920
2021 $76,500 $174,793 $3,139,840 $-98,293
2020 $120,000 $261,930 $3,235,065 $-141,930
2019 $115,800 $284,619 $3,363,183 $-168,819
2018 $75,180 $257,048 $3,223,097 $-181,868
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