THE HURLEY CLINICS

EIN: 383271450 501(c)(3) Health Care

FLINT, MI

Total Revenue
$32,832,402
Total Expenses
$32,664,772
Total Assets
$12,009,531
Net Assets
$9,647,336
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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
1995
Legal Domicile
MI
Principal Officer
ANNETTE NAPIER
Phone
8102622160
Tax Period
2023-07-01 to 2024-06-30

THE HURLEY CLINICS, founded in 1995, is a mid-sized nonprofit in the Health Care sector that reported $32.8M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

PROVIDING MANAGEMENT OF A COMPREHENSIVE, INTEGRATED CLINICAL PRACTICE AND TO STAFF THE GRADUATE MEDICAL EDUCATION PROGRAMS AT HURLEY MEDICAL CENTER.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $32,832,402
Investment Income $0
Other Revenue $0
TOTAL REVENUE $32,832,402

Expense Breakdown

Grants Paid $0
Salaries & Benefits $31,701,100
Fundraising Expenses $0
Program Expenses $32,324,161
Other Expenses $963,672
TOTAL EXPENSES $32,664,772

Year-over-Year Comparison

2023 2022 Change
Revenue $32,832,402 $29,990,192 +0.1%
Expenses $32,664,772 $29,733,639 +0.1%
Net Income $167,630 $256,553 -0.3%
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
3
Independent Members
1
Employees
157
Volunteers
1

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
3
$1,236,826
Total Directors
3
$1,282,608
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
F MICHAEL JAGGI DO CHAIRMAN 0.10
Officer Director
$0 $72,579 $841,909
KEITH PONIERS MEMBER 0.10
Director
$0 $112,905 $440,699
PHILLIP SHALTZ MEMBER 0.10
Director
$0 $0 $0
JAMES BUTERAKOS EXECUTIVE DIRECTOR 10.00
Officer
$190,917 $17,728 $208,645
ANNETTE NAPIER OFFICER OF NURSING 10.00
Officer
$0 $17,395 $186,272
PATRICK BEER PHYSICIAN 40.00
Highest
$621,268 $21,714 $642,982
GUL RAJ SACHWANI-DASWANI PHYSICIAN 40.00
Highest
$636,643 $24,208 $660,851
MARC MOISI PHYSICIAN 40.00
Highest
$1,461,191 $12,712 $1,473,903
IHAB SAAB PHYSICIAN 40.00
Highest
$608,353 $535 $608,888
KRISTOFFER WONG PHYSICIAN 40.00
Highest
$610,976 $22,652 $633,628
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 No data No data No data No data
2024 $32,832,402 $32,664,772 $12,009,531 $167,630
2023 $29,990,192 $29,733,639 $11,278,886 $256,553
2022 $27,043,412 $26,806,051 $10,748,327 $237,361
2021 $26,017,874 $25,682,645 $10,671,853 $335,229
2020 $27,598,575 $26,870,736 $10,291,581 $727,839
2019 $27,373,632 $26,479,312 $9,789,717 $894,320
2018 $27,430,827 $26,139,552 $8,637,765 $1,291,275
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