PACE Central Michigan

EIN: 823763156 501(c)(3) Health Care

Mt Pleasant, MI

Total Revenue
$25,238,127
Total Expenses
$24,663,250
Total Assets
$9,856,364
Net Assets
$2,135,066
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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
2018
Legal Domicile
MI
Principal Officer
Lisa Minns
Phone
9894663835
Tax Period
2024-04-01 to 2025-03-31

PACE Central Michigan, founded in 2018, is a mid-sized nonprofit in the Health Care sector that reported $25.2M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

To provide comprehensive care to the frail elderly population under the program for all inclusive care for the elderly. To provide education to the community care for frail eldery population.

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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 (2024)

Revenue Breakdown

Contributions & Grants $539,308
Program Service Revenue $24,602,430
Investment Income $0
Other Revenue $96,389
TOTAL REVENUE $25,238,127

Expense Breakdown

Grants Paid $0
Salaries & Benefits $7,096,590
Fundraising Expenses $0
Program Expenses $21,866,522
Other Expenses $17,566,660
TOTAL EXPENSES $24,663,250

Year-over-Year Comparison

2024 2023 Change
Revenue $25,238,127 $22,248,120 +0.1%
Expenses $24,663,250 $20,203,470 +0.2%
Net Income $574,877 $2,044,650 -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

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Governance

Voting Members
5
Independent Members
5
Employees
123
Volunteers
8

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
5
$216,187
Total Directors
5
$0
Key Employees
1
$290,590
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Robin Whitmore Chairperson 2.00
Officer Director
$0 $0 $0
Robert Conley Vice Chairperson 2.00
Officer Director
$0 $0 $0
Jessica Gross Board Secretary 2.00
Officer Director
$0 $0 $0
Brian Carnaghi Trustee 2.00
Director
$0 $0 $0
Kari Conn Trustee 2.00
Director
$0 $0 $0
Lisa Minns Executive Director 40.00
Officer
$120,059 $7,200 $127,259
Danya Altom Former Exec Director 40.00
Officer
$85,848 $3,080 $88,928
Shannon English MD Medical Director 45.00
Key Emp
$260,010 $30,580 $290,590
Alok Saraiya Physical Therapist 40.00
Highest
$112,585 $21,663 $134,248
Mary Beach Nurse Practitioner 40.00
Highest
$122,966 $23,240 $146,206
Janelle Gruenberg Nurse Practitioner 40.00
Highest
$107,784 $11,291 $119,075
Lindsay Young Center Manager 40.00
Highest
$103,439 $9,429 $112,868
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 $25,238,127 $24,663,250 $9,856,364 $574,877
2024 $22,248,120 $20,203,470 $7,758,813 $2,044,650
2023 $17,248,205 $16,538,196 $6,430,920 $710,009
2022 $12,215,633 $12,187,897 $3,955,417 $27,736
2021 $7,245,581 $8,067,801 $4,074,636 $-822,220
2020 $3,866,652 $5,169,503 $4,326,982 $-1,302,851
2019 $421,707 $2,017,842 $4,273,726 $-1,596,135
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