HILLSDALE COMMUNITY HEALTH CENTER

EIN: 386005550 501(c)(3) Health Care

HILLSDALE, MI

Total Revenue
$80,136,967
Total Expenses
$84,425,894
Total Assets
$60,765,502
Net Assets
$35,349,937
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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
1950
Legal Domicile
MI
Principal Officer
JEREMIAH J HODSHIRE
Phone
5174374451
Tax Period
2022-07-01 to 2023-06-30

HILLSDALE COMMUNITY HEALTH CENTER, founded in 1950, is a mid-sized nonprofit in the Health Care sector that reported $80.1M in total revenue in fiscal year 2022.

Mission

SHORT-TERM, ACUTE CARE HOSPITAL FACILITY

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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 (2022)

Revenue Breakdown

Contributions & Grants $1,264,575
Program Service Revenue $78,152,031
Investment Income $716,542
Other Revenue $3,819
TOTAL REVENUE $80,136,967

Expense Breakdown

Grants Paid $0
Salaries & Benefits $38,027,387
Fundraising Expenses $43,550
Program Expenses $71,792,672
Other Expenses $46,358,507
TOTAL EXPENSES $84,425,894

Year-over-Year Comparison

2022 2021 Change
Revenue $80,136,967 $79,897,848 +0.0%
Expenses $84,425,894 $77,660,009 +0.1%
Net Income $-4,288,927 $2,237,839 -2.9%
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
10
Independent Members
8
Employees
624
Volunteers
80

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
6
$980,691
Total Directors
10
$44,000
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN ANDERSON ORTHOPEDIC SURGEON 40.0
Highest
$704,967 $3,278 $708,245
PARTHIV PATEL ORTHOPEDIC SURGEON 40.0
Highest
$663,900 $18,392 $682,292
JEREMIAH HODSHIRE PRESIDENT/CEO 40.0
Officer
$528,229 $17,692 $545,921
NORRIS MARCH GENERAL SURGEON 40.0
Highest
$517,942 $14,440 $532,382
BRIAN SINISCHO OBGYN 40.0
Highest
$464,482 $17,008 $481,490
MARK GROSS CFO 40.0
Officer
$415,278 $19,492 $434,770
DALE MCCRIRIE EX OFFICIO (PHYSICIAN) 40.0
Highest
$395,449 $18,996 $414,445
ROBERT HENTHORNE BOARD MEMBER 10.0
Director
$44,000 $0 $44,000
CRAIG CONNOR BOARD MEMBER 1.5
Director
$0 $0 $0
DAVID GOSSAGE VICE CHAIR 1.5
Officer Director
$0 $0 $0
DIANE PHILIPP BOARD MEMBER 1.5
Director
$0 $0 $0
GREGORY BAILEY CHAIR 1.5
Officer Director
$0 $0 $0
KARLYE HORTON BOARD MEMBER 1.5
Director
$0 $0 $0
KIMBERLY BLYTHE BOARD MEMBER 1.5
Director
$0 $0 $0
LEANNE RUMLER BOARD MEMBER 1.5
Director
$0 $0 $0
RICHARD MOORE TREASURER 1.5
Officer Director
$0 $0 $0
SUSAN SMITH BOARD MEMBER 1.5
Director
$0 $0 $0
NICHOLE ELLIS CHIEF OF STAFF (EX OFFICIO) 1.5
Officer
$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 No data No data No data No data
2024 No data No data No data No data
2023 $80,136,967 $84,425,894 $60,765,502 $-4,288,927
2022 $79,897,848 $77,660,009 $65,097,513 $2,237,839
2021 $75,764,555 $69,854,615 $70,560,868 $5,909,940
2020 $66,872,003 $66,895,295 $66,253,358 $-23,292
2019 $70,159,707 $67,287,537 $45,665,008 $2,872,170
2018 $62,353,122 $63,924,864 $39,871,181 $-1,571,742
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