MYMICHIGAN MEDICAL GROUP

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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

1996

Legal Domicile

Principal Officer

DAVID JORDAHL MD

Phone

9898379039

Tax Period

2022-07-01 to 2023-06-30

MYMICHIGAN MEDICAL GROUP, founded in 1996, is a major nonprofit in the Health Care sector that reported $178.4M in total revenue in fiscal year 2022. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

CREATING HEALTHY COMMUNITIES - TOGETHER

Program Service Accomplishments

Program 1

Expenses: $162,858,493 Revenue: $177,850,729

QUALITY HEALTH CARE SERVICES WERE PROVIDED TO CLARE, GLADWIN, GRATIOT, ALPENA, OGEMAW, ISABELLA, MIDLAND, MONTCALM AND SURROUNDING COUNTIES WITHOUT REGARD TO PATIENTS ABILITY TO PAY. PRIMARY CARE...

QUALITY HEALTH CARE SERVICES WERE PROVIDED TO CLARE, GLADWIN, GRATIOT, ALPENA, OGEMAW, ISABELLA, MIDLAND, MONTCALM AND SURROUNDING COUNTIES WITHOUT REGARD TO PATIENTS ABILITY TO PAY. PRIMARY CARE VISITS OF 39,288 AND SPECIALTY CARE VISITS OF 242,514 WERE RECORDED IN FISCAL YEAR 2023.

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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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $519,869

Program Service Revenue $172,179,997

Investment Income $19,667

Other Revenue $5,673,828

TOTAL REVENUE $178,393,361

Expense Breakdown

Grants Paid $0

Salaries & Benefits $150,111,366

Fundraising Expenses $0

Program Expenses $162,858,493

Other Expenses $28,210,917

TOTAL EXPENSES $178,322,283

Year-over-Year Comparison

	2022	2021	Change
Revenue	$178,393,361	$158,001,540	+0.1%
Expenses	$178,322,283	$157,717,390	+0.1%
Net Income	$71,078	$284,150	-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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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

Governance

Voting Members

Independent Members

N/A

Employees

1008

Volunteers

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

$2,436,363

Total Directors

$8,176,647

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROGERS GREGORY	DIRECTOR (PART YEAR)	2.00	Director	$0	$263,807	$1,821,935
SMITH MD ADRIAN	PHYSICIAN	50.00	Highest	$1,289,969	$17,427	$1,307,396
COLLAR MD ALONSO	PHYSICIAN	50.00	Highest	$1,248,871	$27,383	$1,276,254
BELTINCK DO KIEL	DIRECTOR	50.00	Director	$1,240,101	$33,487	$1,273,588
KAHN MD ABID	PHYSICIAN	50.00	Highest	$1,160,649	$22,637	$1,183,286
GOPALDAS MD RAJA	PHYSICIAN	50.00	Highest	$1,107,209	$24,626	$1,131,835
HAMID MD TARIQ	PHYSICIAN	50.00	Highest	$1,081,581	$19,213	$1,100,794
ROSE MICHAEL	SECRETARY/TREASURER	2.00	Officer	$0	$45,209	$713,658
REGENBOGEN MD THOMAS	DIRECTOR (PART YEAR)	50.00	Director	$637,364	$35,267	$672,631
BERG MD PAUL	PRESIDENT (PART YEAR)	50.00	Officer Director	$614,623	$46,541	$661,164
REGAN MD KATE	DIRECTOR (PART YEAR)	50.00	Director	$518,579	$54,582	$573,161
PADGETT FRANCINE	FORMER TREASURER/SECRETARY	0.00		$0	$0	$481,585
CLARINGBOLD DO TOM	DIRECTOR	50.00	Director	$428,177	$38,064	$466,241
JORDAHL MD DAVID	PRESIDENT (PART YEAR)	50.00	Officer Director	$400,854	$39,989	$440,843
PUTHENPARAMPIL MD JINU	DIRECTOR (PART YEAR)	50.00	Director	$349,099	$34,047	$383,146
WECKESSER MD MELISSA	DIRECTOR (PART YEAR)	50.00	Director	$304,292	$31,804	$336,096
KROLL DO NATALIE	DIRECTOR	50.00	Director	$303,672	$15,544	$319,216
MARTIN DO SHANNON	CHAIR	50.00	Officer Director	$307,317	$8,647	$315,964
BALAWENDER DO JENIFER	DIRECTOR	50.00	Director	$245,614	$5,430	$251,044
STENZ PA CARI	DIRECTOR	50.00	Director	$181,698	$26,547	$208,245
BROOKS CINTHIA	FORMER ASST TREASURER	0.00		$0	$30,985	$201,492
KASTNING PA SCOTT	VICE CHAIR	2.00	Officer Director	$0	$29,882	$157,795
BYKER MD GAYLE	DIRECTOR	50.00	Director	$145,217	$3,422	$148,639
FRYE KIM	ASST TREASURER	2.00	Officer Director	$0	$16,627	$146,939

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	No data	No data	No data	No data
2023	$178,393,361	$178,322,283	$7,899,298	$71,078
2022	$158,001,540	$157,717,390	$10,630,860	$284,150
2021	$144,689,929	$144,202,378	$10,229,632	$487,551
2020	$125,985,086	$149,906,371	$4,653,729	$-23,921,285
2019	$124,492,487	$154,180,818	$12,701,211	$-29,688,331
2018	$114,075,211	$136,082,177	$11,111,362	$-22,006,966