HENRY FORD MACOMB HOSPITAL CORPORATION

EIN: 382947657 501(c)(3) Health Care

DETROIT, MI

Total Revenue
$645,429,554
Total Expenses
$630,454,115
Total Assets
$633,386,055
Net Assets
$381,742,031
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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
DE
Principal Officer
ROBIN DAMSCHRODER
Phone
3138768714
Tax Period
2023-01-01 to 2023-12-31

HENRY FORD MACOMB HOSPITAL CORPORATION, founded in 1990, is a major nonprofit in the Health Care sector that reported $645.4M in total revenue in fiscal year 2023.

Mission

HENRY FORD HEALTH MACOMB HOSPITAL (HFMH) IS AN AFFILIATE OF HENRY FORD HEALTH SYSTEM DBA HENRY FORD HEALTH ("HF HEALTH") SERVING THE NORTHEASTERN METROPOLITAN DETROIT MICHIGAN COMMUNITIES. AS AN INTEGRATED COMPONENT OF ONE OF THE NATION'S LEADING COMPREHENSIVE, INTEGRATED HEALTH SYSTEMS, IT IS THE MISSION OF HFMH TO IMPROVE HUMAN LIFE THROUGH THE EXCELLENCE OF THE SCIENCE AND ART OF HEALTH CARE AND HEALING. HFMH IS COMMITTED TO PROVIDING HEALTH SERVICES AND IMPROVING THE QUALITY OF LIFE OF THE CITIZENS OF THE COMMUNITIES IT SERVES REGARDLESS OF THEIR FINANCIAL CIRCUMSTANCES. THE ORGANIZATION PROVIDES FINANCING AND HEALTH CARE DELIVERY, INCLUDING ACUTE, SPECIALTY, PRIMARY AND PREVENTATIVE CARE SERVICES BACKED BY EXCELLENCE IN RESEARCH AND EDUCATION.

Program Service Accomplishments

Program 1
Expenses: $418,036,529 Revenue: $277,406,284

HENRY FORD HEALTH MACOMB HOSPITAL (HFMH) IS RECOGNIZED FOR ITS EXCELLENCE IN PROVIDING INPATIENT CARE TO THE RESIDENTS OF MACOMB COUNTY MICHIGAN AS WELL AS OTHER COMMUNITIES LOCATED NORTHEAST OF THE...

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HENRY FORD HEALTH MACOMB HOSPITAL (HFMH) IS RECOGNIZED FOR ITS EXCELLENCE IN PROVIDING INPATIENT CARE TO THE RESIDENTS OF MACOMB COUNTY MICHIGAN AS WELL AS OTHER COMMUNITIES LOCATED NORTHEAST OF THE CITY OF DETROIT. DURING 2023, HFMH HAD 19,345 DISCHARGES.HFMH PROVIDES COMPREHENSIVE ACUTE AND TERTIARY CARE. SPECIALTY SERVICES INCLUDE A HEART & VASCULAR INSTITUTE, HENRY FORD CANCER INSTITUTE, A WOMEN'S HEALTH CENTER, ALONG WITH A BIRTHING CENTER THAT FEATURES 17 LABOR, DELIVERY, RECOVERY AND POST-PARTUM SUITES. THE HOSPITAL ALSO HAS A 32-BED INPATIENT REHABILITATION PROGRAM, AN AMBULATORY AND MINIMALLY INVASIVE SURGERY CENTER AND LEADING DIAGNOSTIC IMAGING, ALONG WITH ADVANCED TRAUMA CAPABILITIES AND EMERGENCY SERVICES.IN MAY 2023, HENRY FORD HEALTH UNVEILED THE NEW JANET & JIM RIEHL NORTH TOWER AT HENRY FORD MACOMB HOSPITAL, AFTER A DECADE OF PLANNING AND THREE YEARS OF PREPARATION, CONSTRUCTION, AND ANTICIPATION. THE FIVE-STORY, 225,000-SQUARE-FOOT FACILITY FEATURES ALL PRIVATE PATIENT ROOMS AND A STATE-OF-THE-ART HEALING AND WORK ENVIRONMENT. THE NEW TOWER'S 160 PRIVATE PATIENT ROOMS WERE DESIGNED TO MEET DIVERSE PATIENT NEEDS, INCLUDING ROOMS ON EACH FLOOR TO ACCOMMODATE PATIENTS WITH DISABILITIES, PATIENTS OF SIZE, AND PATIENTS WITH UNIQUE NEEDS REQUIRING A MORE SECURE ENVIRONMENT.THE CORONAVIRUS IMPACT WITH AN ESTABLISHED RESEARCH STRUCTURE AND ACCESS TO A DIVERSE PATIENT COMMUNITY, HENRY FORD WAS ABLE TO ACT IMMEDIATELY WHEN THE CORONAVIRUS PANDEMIC STRUCK. HENRY FORD UTILIZED EMERGENCY-USE AUTHORIZATIONS FROM THE FDA TO TREAT AND TRACK COVID-19 PATIENTS, CREATING AND MONITORING DATABASE REGISTRIES TO INFORM FUTURE CLINICAL TREATMENT. HENRY FORD RESEARCHERS INITIATED AND CONTINUE TO LEAD A COLLABORATIVE REGISTRY THAT INCLUDES NEARLY ALL COVID INPATIENTS AND TREATMENT-RELATED OUTCOME DATA FROM DETROIT-AREA HOSPITALS.MEDICAL EDUCATION:HENRY FORD HEALTH MACOMB HOSPITAL HAS AN OSTEOPATHIC GRADUATE MEDICAL EDUCATION PROGRAM, OFFERING ROTATIONS TO RESIDENTS, INTERNS AND THIRD-AND-FOUTH-YEAR MEDICAL STUDENTS.HENRY FORD HEALTH MACOMB HOSPITAL TRAINS OVER 160 MEDICAL STUDENTS AND 165 RESIDENTS IN 8 PROGRAMS.

Program 2
Expenses: $71,149,786 Revenue: $183,035,909

HFMH PROVIDES OUTPATIENT SERVICES AT MULTIPLE LOCATIONS THROUGHOUT THE NORTH EASTERN METROPOLITAN COMMUNITIES OF DETROIT. IN TOTAL THIS REPRESENTED 767,005 TOTAL OUTPATIENT FACILITY VISITS DURING...

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HFMH PROVIDES OUTPATIENT SERVICES AT MULTIPLE LOCATIONS THROUGHOUT THE NORTH EASTERN METROPOLITAN COMMUNITIES OF DETROIT. IN TOTAL THIS REPRESENTED 767,005 TOTAL OUTPATIENT FACILITY VISITS DURING 2023.

Program 3
Expenses: $52,185,717 Revenue: $79,123,091

HFMH OPERATES A LEVEL II EMERGENCY FACILITY. EMERGENCY SERVICES REPRESENTED 59,818 PATIENT VISITS DURING 2023.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $6,960,126
Program Service Revenue $629,216,589
Investment Income $6,387,366
Other Revenue $2,865,473
TOTAL REVENUE $645,429,554

Expense Breakdown

Grants Paid $30,075
Salaries & Benefits $261,539,139
Fundraising Expenses $157,647
Program Expenses $594,957,537
Other Expenses $368,884,901
TOTAL EXPENSES $630,454,115

Year-over-Year Comparison

2023 2022 Change
Revenue $645,429,554 $640,577,842 +0.0%
Expenses $630,454,115 $631,913,679 0.0%
Net Income $14,975,439 $8,664,163 +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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Governance

Voting Members
16
Independent Members
14
Employees
3957
Volunteers
318

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
5
$8,897,448
Total Directors
16
$5,452,125
Key Employees
6
$5,136,510
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LYNN FORD ALANDT DIRECTOR 1.00
Director
$0 $0 $0
JACALYN S GOFORTH DIRECTOR 1.00
Director
$0 $0 $25,000
DAVID J BREEN DIRECTOR-CHAIR 2.00
Officer Director
$0 $0 $50,000
JOHN F HARRIS DIRECTOR 1.00
Director
$0 $0 $30,000
DAVID M HEMPSTEAD DIRECTOR 1.00
Director
$0 $0 $15,000
PATRICIA A MARYLAND DRPH DIRECTOR 1.00
Director
$0 $0 $0
CHARLES G MCCLURE JR DIRECTOR 1.00
Director
$0 $0 $0
DANIEL J PHELAN PHD DIRECTOR 1.00
Director
$0 $0 $30,000
BARRY G PORTER DIRECTOR 1.00
Director
$0 $0 $25,000
MICHAEL S RAFFERTY DIRECTOR 1.00
Director
$0 $0 $30,000
JOSEPH J RICHARDSON JR DIRECTOR 1.00
Director
$0 $0 $35,000
ROBERT G RINEY DIRECTOR/ PRESIDENT/CEO 2.00
Officer Director
$0 $57,039 $4,524,962
FREDERIEK TONEY DIRECTOR 1.00
Director
$0 $0 $35,000
EDGAR L VANN II DIRECTOR 1.00
Director
$0 $0 $35,000
JAMES O PEABODY MD DIRECTOR/PHYSICIAN 1.00
Director
$0 $64,205 $617,163
GERARDO NORCIA DIRECTOR (START 12/2023) 1.00
Director
$0 $0 $0
ROBIN S DAMSCHRODER TREASURER 2.00
Officer
$0 $61,913 $2,468,944
MICHELLE JOHNSON TIDJANI ESQ SECRETARY (THRU 9/2023) 2.00
Officer
$0 $47,822 $1,615,611
MARJORIE A STATEN JD SECRETARY (START 10/2023) 2.00
Officer
$0 $14,695 $237,931
BARBARA W ROSSMANN CEO (THRU 6/2023) 60.00
Key Emp
$772,428 $598,641 $1,371,069
SHANNA JOHNSON INTERIM CEO (START 7/2023) 30.00
Key Emp
$0 $50,380 $585,283
DENISE BROOKS-WILLIAMS CEO- MARKETS 20.00
Key Emp
$0 $47,881 $1,689,777
TERRY A GOODBALIAN CFO NORTH MARKET 60.00
Key Emp
$0 $57,362 $448,949
MICHAEL MARKEL JR RN VP-OPERATIONS/CNO 60.00
Key Emp
$397,693 $51,266 $448,959
CHRISTOPHER MILBACK MD CMO 60.00
Key Emp
$549,547 $42,926 $592,473
KENNETH A SCOTT DO PHYSICIAN 60.00
Highest
$1,221,860 $65,218 $1,287,078
MARK T RYAN DO PHYSICIAN 60.00
Highest
$949,009 $39,606 $988,615
PETER P LOPEZ MD PHYSICIAN 60.00
Highest
$898,225 $54,048 $952,273
EDDIE EL-YUSSIF DO PHYSICIAN 60.00
Highest
$940,196 $61,220 $1,001,416
RAED M ALNAJJAR MD PHYSICIAN 60.00
Highest
$1,648,229 $63,312 $1,711,541
WILLIAM A CONWAY MD FORMER DIRECTOR/PHYSICIAN 0.00
$0 $34,375 $201,780
KATHLEEN L YAREMCHUK MD FORMER DIRECTOR/PHYSICIAN 0.00
$0 $58,208 $1,062,472
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 No data No data No data No data
2023 $645,429,554 $630,454,115 $633,386,055 $14,975,439
2022 $640,577,842 $631,913,679 $468,250,474 $8,664,163
2021 $653,565,323 $619,127,590 $546,856,756 $34,437,733
2020 $606,505,384 $569,103,522 $541,025,510 $37,401,862
2019 $588,499,400 $555,949,579 $410,349,956 $32,549,821
2018 $521,799,694 $504,479,798 $365,459,816 $17,319,896
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