Civic Intelligence

Sturgis Hospital Inc

990 • Fiscal year 2013 • EIN 35-2362438

Oct 01, 2012 to Sep 30, 2013 • Filed on Aug 15, 2014

916 Myrtle AvenueSuite49091
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

75th percentile

0.59x

Higher debt load relative to assets than 75% of similar nonprofits.

2013 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

15th percentile

-4.1%

Faster asset growth than 15% of similar nonprofits.

2013 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$33,176,195

Down $1,426,615 (-4.1%) from 2012

Net Assets

Down

$13,498,783

Down $3,041,254 (-18%) from 2012

Liabilities

Up

$19,677,412

Up $1,614,639 (+8.9%) from 2012

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$48,921,812

Up $3,369,086 (+7.4%) from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40M$30M$20M$10M$0-$10MAssets 2010: $34,154,882Liabilities 2010: $18,025,860Net Assets 2010: $16,129,0222010Assets 2011: $35,489,638Liabilities 2011: $17,560,469Net Assets 2011: $17,929,1692011Assets 2012: $34,602,810Liabilities 2012: $18,062,773Net Assets 2012: $16,540,0372012Assets 2013: $33,176,195Liabilities 2013: $19,677,412Net Assets 2013: $13,498,7832013Assets 2014: $29,768,931Liabilities 2014: $21,114,678Net Assets 2014: $8,654,2532014Assets 2015: $28,813,867Liabilities 2015: $27,165,614Net Assets 2015: $1,648,2532015Assets 2016: $28,046,993Liabilities 2016: $29,900,869Net Assets 2016: -$1,853,8762016Assets 2017: $26,885,710Liabilities 2017: $27,661,474Net Assets 2017: -$775,7642017Assets 2018: $25,244,411Liabilities 2018: $29,359,625Net Assets 2018: -$4,115,2142018

Highlighted filing

2013

Assets$33,176,195
Liabilities$19,677,412
Net Assets$13,498,783

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$60M$40M$20M$0-$20MExpenses 2010: $43,844,9092010Expenses 2011: $43,685,6052011Expenses 2012: $45,552,7262012Expenses 2013: $48,921,8122013Revenue 2014: $45,630,434Expenses 2014: $49,073,585Net Income 2014: -$3,443,1512014Revenue 2015: $48,374,262Expenses 2015: $50,163,957Net Income 2015: -$1,789,6952015Revenue 2016: $49,526,887Expenses 2016: $51,915,393Net Income 2016: -$2,388,5062016Revenue 2017: $51,902,048Expenses 2017: $54,050,193Net Income 2017: -$2,148,1452017Revenue 2018: $45,616,337Expenses 2018: $50,171,826Net Income 2018: -$4,555,4892018

Highlighted filing

2013

Revenue-
Expenses$48,921,812
Net Income-
Jump To
Filing Snapshot
Filing Period
Oct 1, 2012 to Sep 30, 2013
Signed
Aug 15, 2014
Return Version
2012v2.3
Gross Receipts
$49,051,081
Mission and Program Overview

Mission

Sturgis Hospital Inc. is committed to the provision of the highest quality primary and secondary healthcare to the community we serve. Sturgis Hospital Inc. strives, in all circumstances, to provide acute and preventative care that is consistent with the values and needs of the unique segments of our population. By exercising responsible stewardship of our resources, Sturgis Hospital Inc. will also endeavor to maximize the breadth and depth of care provided to our community.

Filing and Contact Details

Filer

EIN
35-2362438
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IRS990/ActivityOrMissionDescription0STURGIS HOSPITAL IS AN 84-BED LICENSED, ACUTE CARE FACILITY SERVING A POPULATION OF APPROXIMATELY 50,000 PEOPLE. STURGIS HOSPITAL, INC EXISTS TO ENSURE THAT THE COMMUNITY HAS ADEQUATE ACCESS TO HEALTHCARE.
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IRS990/Description0STURGIS HOSPITAL IS A 84-BED LICENSED, ACUTE CARE FACILITY. NEARLY 40 ACTIVE MEDICAL STAFF MEMBERS, AVAILABLE WITHIN THE STURGIS AND SURROUNDING COMMUNITIES, REPRESENT A WIDE VARIETY OF SPECIALTIES INCLUDING ANESTHESIOLOGY, FAMILY PRACTICE, GENERAL SURGERY, GYNECOLOGY, INTERNAL MEDICINE, OBSTETRICS, OPHTHALMOLOGY, ORTHOPAEDICS, PATHOLOGY, PEDIATRICS, PODIATRY, RADIOLOGY, UROLOGY AND VASCULAR SURGERY. ADDITIONAL SPECIALTIES ARE OFFERED THROUGH THE HOSPITAL'S COURTESY, CONSULTING AND AFFILIATE MEDICAL STAFF MEMBERS. THESE SERVICES INCLUDE CARDIOLOGY, NEUROLOGY, NEUROSURGERY, ONCOLOGY, AND PULMONARY MEDICINE. MEDICAL/SURGICAL CARE IS OFFERED ON AN INPATIENT AND OUTPATIENT LEVEL. BOTH LASER AND LAPAROSCOPIC PROCEDURES ARE PERFORMED IN THE HOSPITAL'S THREE ROOM SURGICAL SUITE. A FOUR-BED CORONARY/INTENSIVE CARE UNIT IS ALSO AVAILABLE FOR CRITICAL PATIENTS. THE 12-BED OBSTETRICAL DEPARTMENT OFFERS LABOR/DELIVERY/RECOVERY/POSTPARTUM ROOMS FOR THE EXPECTANT MOM AND HER FAMILY. EMERGENCY SERVICES ARE AVAILABLE 24 HOURS A DAY, 365 DAYS A YEAR, WITH FULL-TIME MEDICAL STAFF COVERAGE. CARDIAC REHABILITATION AND PHYSICAL THERAPY PROGRAMS AS WELL AS COMMUNITY EDUCATION PROGRAMS DESIGNED TO HELP OUR COMMUNITY LEAD A HEALTHIER LIFESTYLE, ARE ALSO AVAILABLE. STURGIS HOSPITAL HAS A COMMITMENT TO MAINTAIN STATE-OF-THE-ART DIAGNOSTIC TECHNOLOGY, WHICH INCLUDES ANGIOGRAPHY, 64-SLICE CT SCANNING, MAMMOGRAPHY, MOBILE MRI, A SLEEP DISORDER LABORATORY AND SPECT IMAGING AND ULTRASOUND. STURGIS HOME HEALTH CARE--A TOP 500 AGENCY IN THE NATION--IS A DIVISION OF STURGIS HOSPITAL. IT WORKS CLOSELY WITH PHYSICIANS TO PROVIDE QUALITY HOME HEALTH CARE SERVICES FOLLOWING DISCHARGE FROM A HOSPITAL OR FOR THOSE WITH SPECIAL MEDICAL NEEDS THAT DO NOT REQUIRE HOSPITALIZATION. THESE SERVICES INCLUDE NURSING ASSISTANCE, AIDS, COMPANIONS, PHYSICAL, OCCUPATIONAL, SPEECH AND LANGUAGE THERAPIES, AS WELL AS A MEDICAL SOCIAL WORKER. HOSPICE OF STURGIS PROVIDES SUPPORT AND CARE FOR PERSONS IN THE LAST PHASES OF AN INCURABLE DISEASE. THESE SERVICES CAN BE PROVIDED IN A PATIENT'S HOME, NURSING HOME OR ADULT FOSTER CARE SETTING. THE HOSPICE TEAM INCLUDES PHYSICIANS, NURSES, THERAPISTS, AIDES, SOCIAL WORKERS, NUTRITIONISTS, VOLUNTEERS AND CLERGY, AS WELL AS BEREAVEMENT AND SUPPORT GROUPS.
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IRS990/MissionDescription0STURGIS HOSPITAL INC. IS COMMITTED TO THE PROVISION OF THE HIGHEST QUALITY PRIMARY AND SECONDARY HEALTHCARE TO THE COMMUNITY WE SERVE. STURGIS HOSPITAL INC. STRIVES, IN ALL CIRCUMSTANCES TO PROVIDE ACUTE AND PREVENTATIVE CARE THAT IS CONSISTENT WITH THE VALUES AND NEEDS OF THE UNIQUE SEGMENTS OF OUR POPULATION. BY EXERCISING RESPONSIBLE STEWARDSHIP OF OUR RESOURCES, STURGIS HOSPITAL INC. WILL ALSO ENDEAVOR TO MAXIMIZE THE BREADTH AND DEPTH OF CARE PROVIDED TO OUR COMMUNITY.
IRS990/MoreThan5000KToIndividuals0false
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IRS990/NameOfPrincipalOfficerPerson0ROBERT J LABARGE
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IRS990/OtherExpensePriorYear023036688
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IRS990/OtherExpenses/Description0BAD DEBT
IRS990/OtherExpenses/Description1MISCELLANEOUS EXPENSE
IRS990/OtherExpenses/Description2MEDICAL SUPPLIES
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