NORTHERN MICHIGAN HEALTH CONSORTIUM (EIN 824279556) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Principal Officer

JANE SUNDMACHER

Phone

2315477672

Tax Period

2024-10-01 to 2025-09-30

NORTHERN MICHIGAN HEALTH CONSORTIUM, founded in 2018, is a community nonprofit in the Health Care sector that reported $1.3M in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum.

Mission

TO PROMOTE THE HEALTH AND WELL-BEING OF COMMUNITIES IN NORTHERN MICHIGAN AND NEIGHBORING REGIONS.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $905,491

Program Service Revenue $420,897

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,326,388

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,280,606

Other Expenses $1,319,409

TOTAL EXPENSES $1,319,409

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,326,388	$988,014	+0.3%
Expenses	$1,319,409	$988,551	+0.3%
Net Income	$6,979	$-537	-14.0%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEVIN HUGHES	PRESIDENT	4.00	Officer Director	$0	$0	$0
MIKE LAHEY	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
STEVE HALL	TREASURER	0.50	Officer Director	$0	$0	$0
DANIEL THORELL	SECRETARY	0.50	Officer Director	$0	$0	$0
LINDA YAROCH	DIRECTOR	0.50	Director	$0	$0	$0
DENISE BRYAN	DIRECTOR	0.50	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	$1,326,388	$1,319,409	$922,576	$6,979
2024	$988,014	$988,551	$937,416	$-537
2023	$1,080,115	$1,206,387	$780,533	$-126,272
2022	$755,885	$705,759	$902,147	$50,126
2021	$597,240	$627,345	$630,416	$-30,105

NORTHERN MICHIGAN HEALTH CONSORTIUM