Civic Intelligence

Corewell Health

EIN 38-1297435 • 501(c)3 • Grand Rapids, MI

615 S BowerGrand Rapids, MI 48838-2628
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.26x

Higher debt load relative to assets than 59% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2013

Liabilities / Revenue

30th percentile

0.09x

Higher debt load relative to revenue than 30% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2013

Net Margin

58th percentile

7.8%

Higher net margin than 58% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2013

Top Officer Pay

Score unavailable

No value available

No filing with officer or executive compensation is available for this organization yet.

Asset Growth

85th percentile

23%

Faster asset growth than 85% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Up

$6,339,623

Up $1,199,514 (+23%) from 2012

Liabilities

Down

$1,669,395

Down $116,823 (-6.5%) from 2012

Net Assets

Up

$4,670,228

Up $1,316,337 (+39%) from 2012

Revenue

$18,408,543

No earlier filing loaded for comparison.

Expenses

Up

$16,970,272

Up $400,547 (+2.4%) from 2012

Net Income

$1,438,271

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $3,690,353Liabilities 2010: $926,231Net Assets 2010: $2,764,1222010Assets 2011: $4,041,984Liabilities 2011: $1,143,182Net Assets 2011: $2,898,8022011Assets 2012: $5,140,109Liabilities 2012: $1,786,218Net Assets 2012: $3,353,8912012Assets 2013: $6,339,623Liabilities 2013: $1,669,395Net Assets 2013: $4,670,2282013

Highlighted filing

2013

Assets$6,339,623
Liabilities$1,669,395
Net Assets$4,670,228

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20M$15M$10M$5.0M$0Expenses 2010: $13,606,2832010Expenses 2011: $14,831,2472011Expenses 2012: $16,569,7252012Revenue 2013: $18,408,543Expenses 2013: $16,970,272Net Income 2013: $1,438,2712013

Highlighted filing

2013

Revenue$18,408,543
Expenses$16,970,272
Net Income$1,438,271

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
Feb 6, 2014
Return Version
2012v2.1
Gross Receipts
$18,421,897
Filing and Contact Details

Filer

EIN
38-1297435
Raw XML AppendixShowing 400 of 1,176 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Description0SPECTRUM HEALTH KELSEY (SHK) HOSPITAL IS A FEDERALLY DESIGNATED CRITICAL ACCESS HOSPITAL IN LAKEVIEW, MICHIGAN, WITH 16 ACUTE-CARE BEDS AND 31 SKILLED-NURSING-FACILITY BEDS. SHK IS A REGIONAL HEALTH CENTER FOR PRIMARY AND SECONDARY CARE. SERVICES INCLUDE AROUND-THE-CLOCK EMERGENCY CARE, INPATIENT ACUTE CARE, OUTPATIENT SURGICAL CARE, OUTPATIENT PHYSICAL MEDICINE AND REHABILITATION. IN FISCAL YEAR 2013 THERE WERE 237 INPATIENT ADMISSIONS, 1,028 INPATIENT DAYS, 101 REHAB & NURSING CENTER ADMISSIONS, 10,052 REHAB & NURSING CENTER PATIENT DAYS, AND 9,452 EMERGENCY ROOM VISITS. SPECTRUM HEALTH KELSEY HOSPITAL IS ACCREDITED BY THE JOINT COMMISSION.
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