DRUMMOND ISLAND MEDICAL CENTER INC

EIN: 383503863 501(c)(3) Health Care

DRUMMOND ISLAND, MI

Total Revenue
$188,872
Total Expenses
$127,159
Total Assets
$859,716
Net Assets
$859,716
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
MI
Principal Officer
REBECCA NEWELL
Phone
9064935221
Tax Period
2024-10-01 to 2025-09-30

DRUMMOND ISLAND MEDICAL CENTER INC, founded in 2001, is a small nonprofit in the Health Care sector that reported $189K in total revenue in fiscal year 2024. The organization ran a surplus of $62K, a strong 33% operating margin.

Mission

PROVIDE FACILITIES FOR A HEALTH CARE PRACTIONER TO DELIVE HEALTH CARE TO ISLAND RESIDENTS AND SURROUNDING AREA

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $176,750
Program Service Revenue $0
Investment Income $12,122
Other Revenue $0
TOTAL REVENUE $188,872

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $124,613
Other Expenses $127,159
TOTAL EXPENSES $127,159

Year-over-Year Comparison

2024 2023 Change
Revenue $188,872 $178,029 +0.1%
Expenses $127,159 $91,472 +0.4%
Net Income $61,713 $86,557 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
4

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
4
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
REBECCA NEWELL PRESIDENT 010.00
Officer Director
$0 $0 $0
MICHELLE WALLACE SECRETARY 001.00
Officer Director
$0 $0 $0
BARBARA CLOULDMAN TREASURER 001.00
Officer Director
$0 $0 $0
JAMES GEYER TRUSTEE 001.00
Director
$0 $0 $0
FRANK BAILEY TRUSTEE 001.00
Director
$0 $0 $0
JOICE GERMAIN TRUSTEE 001.00
Director
$0 $0 $0
IVAN M GABLE TRUSTEE 001.00
Director
$0 $0 $0
AMY MOSER VICE PRES 001.00
Officer 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 $188,872 $127,159 $859,716 $61,713
2024 $178,029 $91,472 $798,003 $86,557
2023 $178,605 $112,570 $711,446 $66,035
2022 $177,195 $130,691 $645,411 $46,504
Explore More Nonprofits
Top 100 Nonprofits in Michigan Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare DRUMMOND ISLAND MEDICAL CENTER INC with other nonprofits in Michigan and across the country.