Huron Memorial Hospital
- Assets
- $36.0m
- Revenue
- $40.6m
- Investments
- $0.0
- Employees
- 386
- Location
- Bad Axe, MI
- Founding
- 07/1938
- Data as of
- 09/2020
- EIN
- 38-1474929
Organization Overview
Huron Memorial Hospital, operating under the name Huron Medical Center Mclaren Thumb Region, is located in Bad Axe, MI. The organization was established in 1938. 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 09/2021, Huron Medical Center Mclaren Thumb Region employed 386 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Huron Medical Center Mclaren Thumb Region 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 09/2020, Huron Medical Center Mclaren Thumb Region generated $40.6m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $42.4m during the year ending 09/2020. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
HURON MEDICAL CENTER IS COMMITTED TO PROVIDING EXCELLENCE IN HEALTHCARE TO OUR COMMUNITIES IN A CARING, COMPASSIONATE MANNER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HURON MEDICAL CENTER IS A FULLY LICENSED ACUTE CARE HOSPITAL, WE PROVIDE WOUND CARE SERVICES, OBSTETRICS SERVICES, LOCATED IN A RURAL AREA AND PROVIDES QUALITY HEALTHCARE TO AREA RESIDENTS CLOSE TO HOME. PROVIDING PATIENT CARE: TOTAL PATIENT DAYS = 3,262 AND TOTAL OUTPATIENT REGISTRATIONS = 47,435 FOR ADDITIONAL INFORMATION VISIT WWW.MCLAREN.ORG/THUMBREGION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Shisler DO Physician - Part Year | 40 | $325,442 | |
Jody Bovenschen Crna | 40 | $315,305 | |
Joanna Kala Physician | 40 | $314,425 | |
Lindsey Sraight Physician | 40 | $313,188 | |
Tammy King Crna | 40 | $310,698 | |
Michael Johnston CEO - Part Year | OfficerTrustee | 24.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Genesse Colo-rectal Contract Surgeon | 9/29/21 | $557,846 |
Healogics Wound Care Management | 9/29/21 | $360,540 |
Ahsa Agency Nursing | 9/29/21 | $1,757,119 |
Degara Pllc Er Staffing | 9/29/21 | $1,657,200 |
Salah Eldohiri Contract Physician | 9/29/21 | $448,100 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,743,482 |
| Investment income | $202,724 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $7,465 |
| Net Gain/Loss on Asset Sales | $265,472 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $40,567,551 |
| Statement of Expenses | |
|---|---|
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $14,048,176 |
| Pension plan accruals and contributions | $814,112 |
| Other employee benefits | $2,631,519 |
| Payroll taxes | $663,249 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,487 |
| Fees for services: Accounting | $124,872 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,773,469 |
| Advertising and promotion | $288,112 |
| Office expenses | $173,655 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,457,813 |
| Travel | $70,196 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $59,008 |
| Interest | $370,518 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,944,819 |
| Insurance | $276,401 |
| All other expenses | $0 |
| Total functional expenses | $42,358,773 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,039,648 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,626,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,258,984 |
| Prepaid expenses and deferred charges | $311,123 |
| Investments—publicly traded securities | $12,526,655 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $611,301 |
| Total assets | $35,980,815 |
| Accounts payable and accrued expenses | $4,995,481 |
| Grants payable | $0 |
| Deferred revenue | $5,570,098 |
| 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 | $8,854,322 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,331,263 |
| Total liabilities | $21,751,164 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $14,229,651 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Huron Memorial Hospital has recieved totaling $269,532.
| Awarding Organization | Amount |
|---|---|
Michigan Center For Rural Health East Lansing, MI PURPOSE: SEE STATEMENT 2. | $269,532 |
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 |