Sparrow Clinton Hospital
- Assets
- $188.4m
- Revenue
- $67.9m
- Investments
- $147.7m
- Employees
- 316
- Location
- St Johns, MI
- Founding
- 03/1937
- Data as of
- 12/2021
- EIN
- 38-1358172
Organization Overview
Sparrow Clinton Hospital is located in St Johns, MI. The organization was established in 1937. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2021, Sparrow Clinton Hospital employed 316 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sparrow Clinton Hospital is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Sparrow Clinton Hospital generated $67.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $47.5m during the year ending 12/2021. While expenses have increased by 1.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
IMPROVING THE HEALTH OF THE PEOPLE IN OUR COMMUNITIES BY PROVIDING QUALITY, COMPASSIONATE CARE TO EVERYONE, EVERY TIME.
Describe the Organization's Program Activity:
SPARROW CLINTON HOSPITAL'S EMERGENCY DEPARTMENT IS A 24 HOUR/7 DAYS A WEEK FULLY OPERATIONAL EMERGENCY ROOM. IN 2021, THERE WERE 12,739 VISITS TO THE SCH EMERGENCY ROOM.
A HOSPITAL BASED LABORATORY PROVIDES SERVICES TO THE HOSPITAL'S INPATIENT AND OUTPATIENT LAB NEEDS. IN ADDITION, AN OUTREACH LAB IS PROVIDED FOR PATIENTS WHO ONLY NEED LABORATORY SERVICES. IN 2021, 232,689 LAB TESTS WERE PERFORMED.
SPARROW CLINTON HOSPITAL SURGERY DEPARTMENT PROVIDES ROUTINE INPATIENT AND OUTPATIENT SURGICAL SERVICES TO PATIENTS. THERE WERE 112 INPATIENT SURGERIES, AS WELL AS 1,180 OUTPATIENT SURGERIES/SCOPES PERFORMED IN 2021.
OTHER PROGRAM SERVICES INCLUDE INPATIENT ROUTINE CARE, RADIOLOGY, CARDIOPULMONARY, RESPIRATORY THERAPY, HOSPITAL AND RETAIL PHARMACY, INFUSION THERAPY, PHYSICIANS' PRACTICE, PHYSICAL/OCCUPATIONAL/SPEECH THERAPY, AND SLEEP STUDIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Weismiller MD Physician | 40 | $532,285 | |
Gregory Holzhei DO Board Member | Trustee | 40 | $445,684 |
Bradley Garrett Physician | 40 | $404,650 | |
Michael Degrand Physician | 40 | $364,720 | |
Nabil Bahu Physician | 40 | $348,429 | |
Katie Ryan Physician | 40 | $294,415 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Fastaff Llc Nursing Agency | 12/30/21 | $715,002 |
Nouvus Anesthesia Partners Crna Coverage | 12/30/21 | $201,384 |
Granger Construction Co Construction | 12/30/21 | $987,369 |
Alliance-hni Leasing Co Llc Mri Services | 12/30/21 | $635,766 |
Petrowitz Enterprises Inc Crna Coverage | 12/30/21 | $483,186 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $20,000 |
| Government grants | $84,081 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $104,081 |
| Total Program Service Revenue | $52,713,295 |
| Investment income | $2,991,759 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $43,183 |
| Net Gain/Loss on Asset Sales | $11,490,718 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $14,305 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $67,909,547 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $313,974 |
| Compensation of current officers, directors, key employees. | $313,974 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $17,392,837 |
| Pension plan accruals and contributions | $1,053,045 |
| Other employee benefits | $2,244,927 |
| Payroll taxes | $1,188,549 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $463,334 |
| Fees for services: Other | $11,199,969 |
| Advertising and promotion | $105,001 |
| Office expenses | $2,605,639 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $512,048 |
| Travel | $4,421 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $55,294 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,377,933 |
| Insurance | $477,063 |
| All other expenses | $74,952 |
| Total functional expenses | $47,492,090 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,936,983 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $21,395,215 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $962,027 |
| Prepaid expenses and deferred charges | $9,884 |
| Net Land, buildings, and equipment | $10,733,917 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $147,735,693 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,642,080 |
| Total assets | $188,415,799 |
| Accounts payable and accrued expenses | $6,404,993 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,371,560 |
| Total liabilities | $11,776,553 |
| Net assets without donor restrictions | $176,639,246 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $188,415,799 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Sparrow Clinton Hospital has recieved totaling $289,532.
| Awarding Organization | Amount |
|---|---|
Michigan Center For Rural Health East Lansing, MI PURPOSE: SEE STATEMENTS 1 AND 2. | $269,532 |
Sparrow Foundation Lansing, MI PURPOSE: OPER/EQUIP/EDUC/ETC | $20,000 |
Endowment Analysis
| Beg. Balance | $5,606,321 |
| Earnings | $129,658 |
| Net Contributions | $561,053 |
| Ending Balance | $6,297,032 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Norton - Kings Daughters Health Inc Madison, IN | $327,672,291 | $141,257,726 |
Wood County Hospital Assn Bowling Green, OH | $236,887,243 | $125,669,234 |
Margaret Mary Community Hospital Inc Batesville, IN | $200,618,179 | $130,077,852 |
Mymichigan Medical Center Sault Sault Ste Marie, MI | $104,046,577 | $126,853,788 |
Shelby County Memorial Hospital Association Inc Sidney, OH | $171,819,264 | $129,965,258 |
St Nicholas Hospital Of The Hospita Sisters Of The Third Order Of St F Sheboygan, WI | $160,864,409 | $138,043,178 |
Beaver Dam Community Hospitals Inc Beaver Dam, WI | $193,989,750 | $109,285,462 |
Emma L Bixby Medical Center Toledo, OH | $214,732,301 | $139,202,852 |
Prohealth Oconomowoc Memorial Hospital Inc Oconomowoc, WI | $128,184,799 | $110,175,380 |
Southeastern Ohio Regional Medical Center Inc Cambridge, OH | $103,375,834 | $115,994,733 |
Munson Healthcare Otsego Memorial Hospital Gaylord, MI | $125,430,745 | $117,986,208 |
The Union Hospital Association Independence, OH | $196,450,752 | $107,783,506 |