Packard Health Inc
- Assets
- $17.8m
- Revenue
- $12.2m
- Investments
- $0.0
- Employees
- 135
- Location
- Ann Arbor, MI
- Founding
- 04/1980
- Data as of
- 08/2022
- EIN
- 38-2269817
Organization Overview
Packard Health Inc is located in Ann Arbor, MI. The organization was established in 1980. According to its NTEE Classification (E32) the organization is classified as: Community Clinics, under the broad grouping of Health Care and related organizations. As of 08/2022, Packard Health Inc employed 135 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Packard Health Inc 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 08/2022, Packard Health Inc generated $12.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.6% each year . All expenses for the organization totaled $11.3m during the year ending 08/2022. While expenses have increased by 15.3% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE THE BEST POSSIBLE CARE TO OUR PATIENTS AND COMMUNITY, INCLUDING PEOPLE WHOSE ECONOMIC, SOCIAL OR CULTURAL CONDITIONS MIGHT OTHERWISE PREVENT THEM FROM ACCESSING HEALTH CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRIMARY HEALTH SERVICES, INCLUDING MENTAL HEALTH CARE AND HEALTH PROMOTION TO PATIENTS IN THE WASHTENAW COUNTY AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Raymond Rion Executive Di | OfficerTrustee | 40 | $253,004 |
Ravi Vadlamudi Physician | 40 | $204,446 | |
Lindsey Kotagal Physician | 40 | $193,203 | |
Dr Ankoor Soni Medical Dire | Officer | 40 | $185,525 |
Ronald Romero Physician | 40 | $145,991 | |
Daniel Oram Physician | 40 | $143,601 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Washtenaw County Community Mental Health Behavior Health | 8/30/22 | $124,382 |
Athenahealth Inc Billing And Ar | 8/30/22 | $248,398 |
340basics 340b Services | 8/30/22 | $153,870 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,744,542 |
| All other contributions, gifts, grants, and similar amounts not included above | $977,746 |
| Noncash contributions included in lines 1a–1f | $413,013 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,722,288 |
| Total Program Service Revenue | $8,213,115 |
| Investment income | $17,782 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $230,078 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,184,701 |
| 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. | $619,639 |
| Compensation of current officers, directors, key employees. | $385,278 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,630,506 |
| Pension plan accruals and contributions | $105,717 |
| Other employee benefits | $893,145 |
| Payroll taxes | $478,942 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $140,080 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,020,472 |
| Advertising and promotion | $65,876 |
| Office expenses | $141,688 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $414,305 |
| Travel | $51,753 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $235,884 |
| Insurance | $28,628 |
| All other expenses | $90,091 |
| Total functional expenses | $11,334,632 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $65,679 |
| Savings and temporary cash investments | $6,340,400 |
| Pledges and grants receivable | $380,605 |
| Accounts receivable, net | $1,451,038 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $237,063 |
| Net Land, buildings, and equipment | $8,268,984 |
| Investments—publicly traded securities | $1,025,657 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $17,769,426 |
| Accounts payable and accrued expenses | $637,496 |
| Grants payable | $0 |
| Deferred revenue | $50,000 |
| 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 | $2,031,901 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,719,397 |
| Net assets without donor restrictions | $14,467,892 |
| Net assets with donor restrictions | $582,137 |
| 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 | $17,769,426 |
Grants Recieved
Over the last fiscal year, we have identified 24 grants that Packard Health Inc has recieved totaling $921,879.
| Awarding Organization | Amount |
|---|---|
Ann Arbor Area Community Foundation Ann Arbor, MI PURPOSE: HEALTH, GENERAL AND REHABILITATIVE | $480,065 |
Michigan Health Endowment Fund Brighton, MI PURPOSE: A BEHAVIORAL HEALTH COLLABORATIVE FOR YOUNG BLACK MEN AND BOYS | $100,000 |
Ethel And James Flinn Foundation Detroit, MI PURPOSE: TO EXPAND STAFF CAPACITY TO ADDRESS INCREASED DEMAND OF PATIENTS DIAGNOSED WITH MENTAL HEALTH AND SUBSTANCE USE DISORDERS. | $70,000 |
Michigan Health Endowment Fund Brighton, MI PURPOSE: CREATING A WELLNESS AND PREVENTION ROADMAP AT PACKARD HEALTH | $50,000 |
Phantom Foundation Jackson, MI PURPOSE: CONSISTENT W/501(C)(3) STATUS | $50,000 |
The Seattle Foundation Seattle, WA PURPOSE: TO PROVIDE GENERAL SUPPORT FOR THE PACKARD CAMPAIGN | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Healthsource Of Ohio Inc Loveland, OH | $84,578,401 | $58,527,239 |
Health Partners Of Western Ohio Lima, OH | $51,301,466 | $55,781,232 |
Columbus Neighborhood Health Center Inc Columbus, OH | $20,745,840 | $43,574,110 |
Access Community Health Centers Inc Madison, WI | $31,885,539 | $48,730,250 |
The Lakes Community Health Center Inc Iron River, WI | $36,144,121 | $44,234,477 |
Grant Regional Health Center Inc Lancaster, WI | $74,588,669 | $46,740,494 |
Grace Health Inc Battle Creek, MI | $41,960,686 | $40,496,787 |
Family Health Center Inc Kalamazoo, MI | $81,614,637 | $42,185,939 |
Indiana Health Centers Inc Indianapolis, IN | $17,087,147 | $32,949,084 |
Five Rivers Health Centers Dayton, OH | $40,169,176 | $36,780,770 |
Deaconess Specialty Physicians Inc Evansville, IN | $8,399,720 | $18,046,667 |
Jane Pauley Community Health Center Inc Indianapolis, IN | $21,892,790 | $31,593,555 |