OAKWOOD HOME CARE SERVICES

EIN: 382877338 501(c)(3)

SOUTHFIELD, MI

Total Revenue
N/A
Total Expenses
N/A
Total Assets
N/A
Net Assets
N/A
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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
1988
Legal Domicile
MI
Principal Officer
PAULA LEVESQUE
Phone
6163912022
Tax Period
2021-01-01 to 2021-12-31

Mission

TO PROVIDE HOME AND HEALTHCARE SERVICES TO PATIENTS RESIDING IN SOUTHEASTERN MICHIGAN.

Program Service Accomplishments

Program 1
Expenses: $0 Revenue: $0

OAKWOOD HOME CARE SERVICES WAS FORMED TO DELIVER HIGH QUALITY HOME HEALTHCARE SERVICES TO RESIDENTS IN SOUTHEAST MICHIGAN. THESE SERVICES INCLUDED:- NURSING SERVICES- PHYSICAL AND OCCUPATIONAL...

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OAKWOOD HOME CARE SERVICES WAS FORMED TO DELIVER HIGH QUALITY HOME HEALTHCARE SERVICES TO RESIDENTS IN SOUTHEAST MICHIGAN. THESE SERVICES INCLUDED:- NURSING SERVICES- PHYSICAL AND OCCUPATIONAL THERAPY- SPEECH PATHOLOGY- MEDICAL SOCIAL WORKER SERVICES- NUTRITIONAL SERVICES- HOME HEALTH AIDESA TRANSFER OF OAKWOOD HOME CARE SERVICES' EMPLOYEES AND OPERATIONS TOOK PLACE IN LATE DECEMBER 2016. THE EMPLOYEES AND OPERATIONS OF THE ENTITY WERE TRANSFERRED TO BEAUMONT HOME CARE SERVICES WHICH IS A DIVISION OF WILLIAM BEAUMONT HOSPITAL, A RELATED 501(C)(3) TAX EXEMPT ORGANIZATION. THIS TRANSFER WAS COMPLETED IN JANUARY 2017. ACCORDINGLY, THE SERVICES REFERENCED ABOVE ARE BEING PROVIDED BY THE HOME CARE SERVICES DIVISION OF WILLIAM BEAUMONT HOSPITAL. LIKEWISE, THE PATIENTS OF OAKWOOD HOME CARE SERVICES ARE NOW UNDER THE CARE OF WILLIAM BEAUMONT HOSPITAL.

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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 (2021)

Revenue Breakdown

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

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2021 2020 Change
Revenue N/A N/A N/A
Expenses N/A N/A N/A
Net Income N/A $0 N/A
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
2
Independent Members
N/A
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
2
$1,733,776
Total Directors
2
$1,733,776
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUSAN GRANT PRESIDENT/CEO 2.00
Officer Director
$0 $454,657 $1,432,881
MARIA MILLER SECRETARY/TREASURER 2.00
Officer Director
$0 $73,656 $300,895
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
2021 No data No data No data No data
2020 No data No data No data No data
2019 No data No data No data No data
2018 $49,106 $331,904 $620,418 $-282,798
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