UM HEALTH

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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

2016

Principal Officer

DAVID C MILLER MD MPH

Phone

7347633282

Tax Period

2023-07-01 to 2024-06-30

Mission

TO OPERATE AS A VEHICLE THROUGH WHICH THE UNIVERSITY OF MICHIGAN, A GOVERNMENTAL ENTITY, PARTICIPATES IN THE DEVELOPMENT OF HEALTH CARE RELATED ACTIVITIES TO MAINTAIN AND ENHANCE ITS EDUCATION, RESEARCH AND CLINICAL MISSIONS.

Program Service Accomplishments

Program 1

DEVELOPMENT OF HEALTH CARE RELATED ACTIVITIES TO MAINTAIN AND ENHANCE EDUCATION, RESEARCH AND CLINICAL MISSIONS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2023	2022	Change
Revenue	N/A	N/A	N/A
Expenses	N/A	N/A	N/A
Net Income	N/A	N/A	N/A

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

Employees

N/A

Volunteers

N/A

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

$3,626,990

Total Directors

$6,863,853

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARSCHALL S RUNGE MD	BOARD MEMBER	1.00	Officer Director	$0	$832,052	$3,060,432
DAVID C MILLER MD MPH	DIRECTOR	1.00	Director	$0	$310,664	$2,011,080
GEOFFREY CHATAS	SECRETARY/TR	1.00	Director	$0	$775,192	$1,788,261
MARGARET DIMOND	PRESIDENT	1.00	Officer	$0	$55,501	$566,558
DAVID A SPAHLINGER MD	DIRECTOR	N/A		$0	$26,100	$181,021
JEFF BENSON	BOARD MEMBER	1.00	Director	$0	$0	$1,440
NANCY MCKEAGUE	BOARD MEMBER	1.00	Director	$0	$0	$1,440
JOHN PIRICH	CHAIR	1.00	Director	$0	$0	$1,200
STEVE VAN ANDEL	VICE CHAIR	1.00	Officer Director	$0	$0	$0
TIFFANY FORD	BOARD MEMBER	1.00	Director	$0	$0	$0
PETER MCCANNA	BOARD MEMBER	1.00	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	No data	No data	No data	No data
2022	No data	No data	$11,324,672	No data
2021	No data	No data	$12,370,412	No data