Civic Intelligence

Mgh Wind Down Inc

990 • Fiscal year 2013 • EIN 38-1358036

Jul 01, 2012 to Jun 30, 2013 • Filed on May 19, 2015

420 W Magnetic StreetIshpeming, MI 49855
Siviq Scores

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

Liabilities / Assets

92nd percentile

1.00x

Higher debt load relative to assets than 92% of similar nonprofits.

2013 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2013

Liabilities / Revenue

79th percentile

1.39x

Higher debt load relative to revenue than 79% of similar nonprofits.

2013 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2013

Net Margin

1st percentile

-117%

Higher net margin than 1% of similar nonprofits.

2013 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

1st percentile

-80%

Faster asset growth than 1% of similar nonprofits.

2013 filings • 501(c)3 • $100M-$250M 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

Down

$49,226,960

Down $193,305,933 (-80%) from 2012

Net Assets

Down

$0

Down $44,132,375 (-100%) from 2012

Liabilities

Down

$49,226,960

Down $149,173,558 (-75%) from 2012

Revenue

$35,352,560

No earlier filing loaded for comparison.

Expenses

Down

$76,869,778

Down $249,854,095 (-76%) from 2012

Net Income

-$41,517,218

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.

$300M$200M$100M$0Assets 2010: $266,525,060Liabilities 2010: $192,888,879Net Assets 2010: $73,636,1812010Assets 2011: $248,826,715Liabilities 2011: $167,162,681Net Assets 2011: $81,664,0342011Assets 2012: $242,532,893Liabilities 2012: $198,400,518Net Assets 2012: $44,132,3752012Assets 2013: $49,226,960Liabilities 2013: $49,226,960Net Assets 2013: $02013Assets 2014: $42,276,246Liabilities 2014: $42,276,246Net Assets 2014: $02014Assets 2015: $19,504,636Liabilities 2015: $19,504,636Net Assets 2015: $02015Assets 2016: $18,065,974Liabilities 2016: $18,065,974Net Assets 2016: $02016Assets 2017: $6,220,497Liabilities 2017: $6,220,497Net Assets 2017: $02017Assets 2018: $6,562,707Liabilities 2018: $6,562,707Net Assets 2018: $02018Assets 2019: $6,067,149Liabilities 2019: $6,067,149Net Assets 2019: $02019Assets 2020: $6,028,847Liabilities 2020: $6,028,847Net Assets 2020: $02020Assets 2021: $78,883Liabilities 2021: $78,883Net Assets 2021: $02021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2013

Assets$49,226,960
Liabilities$49,226,960
Net Assets$0

Operations Trend

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

$400M$300M$200M$100M$0-$100MExpenses 2010: $317,042,8412010Expenses 2011: $307,793,1712011Expenses 2012: $326,723,8732012Revenue 2013: $35,352,560Expenses 2013: $76,869,778Net Income 2013: -$41,517,2182013Revenue 2014: $27,043Expenses 2014: $1,616,311Net Income 2014: -$1,589,2682014Revenue 2015: $8,429,982Expenses 2015: $1,037,165Net Income 2015: $7,392,8172015Revenue 2016: $638,375Expenses 2016: $805,110Net Income 2016: -$166,7352016Revenue 2017: $37,165Expenses 2017: $1,001,106Net Income 2017: -$963,9412017Revenue 2018: $905,607Expenses 2018: $0Net Income 2018: $905,6072018Revenue 2019: $0Expenses 2019: $0Net Income 2019: $02019Revenue 2020: $0Expenses 2020: $0Net Income 2020: $02020Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021Revenue 2022: $0Expenses 2022: $0Net Income 2022: $02022

Highlighted filing

2013

Revenue$35,352,560
Expenses$76,869,778
Net Income-$41,517,218
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
May 19, 2015
Return Version
2012v3.0
Gross Receipts
$176,981,551
Mission and Program Overview

Mission

Substantially all of the organizations assets were sold effective september 1, 2012. The organization will continue its wind down activities until all of its current and post-closing obligations are met.

Major Activities

Activity 2
PHYSICIAN PRACTICES
Activity 3
HOME HEALTH SERVICES
Filing and Contact Details

Filer

EIN
38-1358036
Raw XML AppendixShowing 400 of 1,404 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/MissionDescription0THE ORGANIZATION OPERATED A HOSPITAL FOR THE FIRST TWO MONTHS. SUBSTANTIALLY ALL OF ITS ASSETS WERE SOLD EFFECTIVE SEPTEMBER 1, 2012. THE ORGANIZATION WILL CONTINUE ITS WIND DOWN ACTIVITIES UNTIL ALL OF ITS CURRENT AND POST-CLOSING OBLIGATIONS ARE MET.
IRS990/MoreThan5000KToIndividuals00
IRS990/MoreThan5000KToOrganizations00
IRS990/MortNotesPyblSecuredInvestProp/BOY0427029
IRS990/MortNotesPyblSecuredInvestProp/EOY0414718
IRS990/NameOfPrincipalOfficerPerson0SCOTT HERIOUX
IRS990/NbrIndependentVotingMembers03
IRS990/NbrVotingGoverningBodyMembers03
IRS990/NbrVotingMembersGoverningBody03
IRS990/NetAssetsOrFundBalancesBOY044132375
IRS990/NetAssetsOrFundBalancesEOY00
IRS990/NetGainOrLossInvestments/ExclusionAmount0-5265949
IRS990/NetGainOrLossInvestments/TotalRevenueColumn0-5265949
IRS990/NetRentalIncomeOrLoss/ExclusionAmount0-4122
IRS990/NetRentalIncomeOrLoss/TotalRevenueColumn0-4122
IRS990/NetUnrelatedBusinessTxblIncome00
IRS990/NonDeductibleContributions00
IRS990/NumberFormsTransmittedWith10960219
IRS990/NumberIndependentVotingMembers03
IRS990/NumberIndividualsGT100K0150
IRS990/NumberOfContractorsGT100K034
IRS990/NumberOfEmployees02778
IRS990/NumberW2GIncluded00
IRS990/Occupancy/ManagementAndGeneral044557
IRS990/Occupancy/ProgramServices01440662
IRS990/Occupancy/Total01485219
IRS990/OfficeExpenses/ManagementAndGeneral0371304
IRS990/OfficeExpenses/ProgramServices012005498
IRS990/OfficeExpenses/Total012376802
IRS990/OfficerEntityWithBsnssRltnshp00
IRS990/OfficerMailingAddress00
IRS990/Organization501c30X
IRS990/OtherAssetsTotal/BOY07161477
IRS990/OtherAssetsTotal/EOY021067555
IRS990/OtherEmployeeBenefits/ManagementAndGeneral0122504
IRS990/OtherEmployeeBenefits/ProgramServices03960955
IRS990/OtherEmployeeBenefits/Total04083459
IRS990/OtherExpensePriorYear0162588849
IRS990/OtherExpensesCurrentYear043936231

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.08$0.08$0.00$0.00$0.00$0.00
2020Detailed filing. Detailed filing data is available for this year.$6.03$6.03$0.00$0.00$0.00$0.00
2019Detailed filing. Detailed filing data is available for this year.$6.07$6.07$0.00$0.00$0.00$0.00
2018Detailed filing. Detailed filing data is available for this year.$6.56$6.56$0.00$0.91$0.00$0.91
2017Detailed filing. Detailed filing data is available for this year.$6.22$6.22$0.00$0.04$1.00$0.96
2016Detailed filing. Detailed filing data is available for this year.$18.1$18.1$0.00$0.64$0.81$0.17
2015Detailed filing. Detailed filing data is available for this year.$19.5$19.5$0.00$8.43$1.04$7.39
2014Detailed filing. Detailed filing data is available for this year.$42.3$42.3$0.00$0.03$1.62$1.59
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$49.2$49.2$0.00$35.4$76.9$41.5
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$243$198$44.1$327
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$249$167$81.7$308
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$267$193$73.6$317