Civic Intelligence

Mgh Wind Down Inc

990 • Fiscal year 2017 • EIN 38-1358036

Jul 01, 2016 to Jun 30, 2017 • Filed on May 15, 2018

Organization ProfileN/A

View Organization Page

420 W Magnetic StreetMarquette, MI 49855

(906) 225-4642

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.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

100th percentile

167.38x

Higher debt load relative to revenue than 100% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

1st percentile

-2594%

Higher net margin than 1% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

20th percentile

$0

Higher top officer pay than 20% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

1st percentile

-66%

Faster asset growth than 1% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

1st percentile

-94%

Faster revenue growth than 1% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Down

$6,220,497

Down $11,845,477 (-66%) from 2016

Net Assets

Flat

$0

Flat from 2016

Liabilities

Down

$6,220,497

Down $11,845,477 (-66%) from 2016

Revenue And Expenses
Liabilities / Revenue100th percentileNet Margin1st percentile

Revenue

Down

$37,165

Down $601,210 (-94%) from 2016

Expenses

Up

$1,001,106

Up $195,996 (+24%) from 2016

Net Income

Down

-$963,941

Down $797,206 (-478%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

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

2017

Assets$6,220,497
Liabilities$6,220,497
Net Assets$0
Open 2017 Filing

Operations Trend

Revenue Growth1st percentile

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

2017

Revenue$37,165
Expenses$1,001,106
Net Income-$963,941
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 15, 2018
Return Version
2016v3.0
Gross Receipts
$37,165
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.

To wind down the remaining assets and liabilities of marquette general health system.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$5,933,723$5,438,731▼ $494,992
Investments in Publicly Traded Securities$131,254$142,929▲ $11,675
Total Assets$18,065,974$6,220,497▼ $11,845,477
Other Assets Total$12,000,997$638,837▼ $11,362,160
Liabilities
Other Liabilities$18,000,000$5,153,574▼ $12,846,426
Accounts Payable and Accrued Expenses$65,974$1,066,923▲ $1,000,949
Total Liabilities$18,065,974$6,220,497▼ $11,845,477
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$0→ $0
Total Liabilities and Net Assets / Fund Balance$18,065,974$6,220,497▼ $11,845,477

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$278,358--
Compensation and Service Providers
Top Officer Pay20th percentile

Board Members and Trustees

NameTitle
Scott HeriouxPresident
K Michael SkyttaTrustee
Michael L VonckSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$37,165
Change in Net Assets
$-963,941
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$925,127
Salaries, Compensation, and Employee Benefits$75,979
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$925,127--$925,127
Pension Plan Contributions$75,979--$75,979
Total Functional Expenses$1,001,106$0$0$1,001,106
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Expected Payable to Superior Health Foundation$5,153,574
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

“The organization does not have any committees.”

Form 990, Part VI, Section B, Line 11B

“The form 990 will be reviewed by the acting senior accountant and signed by the board president. At the board meeting after filing, a summary presentation will be given to the board members.”

Form 990, Part VI, Section B, Line 12C

“Each board member signs a conflict of interest statement annually.”

Form 990, Part VI, Section C, Line 19

“The organization's articles of incorporation are available on the state of michigan department of licensing and regulation website. The organization does not make publicly available its conflict of interest policy.”

Filing and Contact Details

Filer

Filer Name
Mgh Wind Down Inc
EIN
38-1358036
Phone
9062254642
Address
420 W MAGNETIC STREET, MARQUETTE, MI 49855

Signing Officer

Name
Scott Herioux
Title
President
Phone
9062254642
Signed
2018-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott Herioux
Formed
1897
Legal Domicile
Mi
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Makela Toutant Hill Nardi & Katona Pc
Address
201 W BLUFF STREET, MARQUETTE, MI 49855
Preparer
Robin Rauvala CPA
Phone
9062283600
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Loss on assets as part of ownership change 952,266.”

FORM 990, PART XII, LINE 1, ACCOUNTING METHOD:

“As a result of the organization's sale of substantially all of its assets, the board of directors is in the process of winding up all affairs of the business in preparation for corporate dissolution. As a result, the form 990 is being prepared using the liquidation basis of accounting.”

Financial Statement Notes

PART X, LINE 2:

“Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken by the company and recognize a tax liability if the company has taken an uncertain position that more likely than not would not be sustained upon examination by the internal revenue service or other applicable taxing authorities. Management has analyzed the tax positions taken by the company and has concluded that as of june 30, 2017, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements. The company is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Management believes it is no longer subject to income tax examinations for years prior to june 30, 2014.”

Raw XML Appendix293 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.

Path#Value
IRS990/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt065974
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01066923
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO WIND DOWN THE REMAINING ASSETS AND LIABILITIES OF MARQUETTE GENERAL HEALTH SYSTEM.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0LAURA INGALLS
IRS990/BooksInCareOfDetail/PhoneNum09062254642
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0420 W MAGNETIC STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0MARQUETTE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd049855
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0925127
IRS990/CYOtherRevenueAmt037165
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-963941
IRS990/CYSalariesCompEmpBnftPaidAmt075979
IRS990/CYTotalExpensesAmt01001106
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt037165
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0CONTINUING WIND-DOWN OF REMAINING ASSETS AND LIABILITIES OF MARQUETTE GENERAL HEALTH SYSTEM.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01001106
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt03.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0SCOTT HERIOUX
IRS990/Form990PartVIISectionAGrp/PersonNm1MICHAEL L VONCK
IRS990/Form990PartVIISectionAGrp/PersonNm2K MICHAEL SKYTTA
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01897
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt037165
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0131254
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0142929
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MI
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingOtherInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SUBSTANTIALLY 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.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt00
IRS990/NetAssetsOrFundBalancesEOYAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt011675
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt012000997
IRS990/OtherAssetsTotalGrp/EOYAmt0638837
IRS990/OtherChangesInNetAssetsAmt0952266
IRS990/OtherExpensesGrp/Desc0SETTLEMENT ADJUSTMENTS
IRS990/OtherExpensesGrp/ProgramServicesAmt0925127
IRS990/OtherExpensesGrp/TotalAmt0925127
IRS990/OtherLiabilitiesGrp/BOYAmt018000000
IRS990/OtherLiabilitiesGrp/EOYAmt05153574
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0PBGC REFUND
IRS990/OtherRevenueMiscGrp/Desc1METLIFE REFUND
IRS990/OtherRevenueMiscGrp/ExclusionAmt024650
IRS990/OtherRevenueMiscGrp/ExclusionAmt112515
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt024650
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt112515
IRS990/OtherRevenueTotalAmt037165
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt075979
IRS990/PensionPlanContributionsGrp/TotalAmt075979
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0SCOTT HERIOUX
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt09604
IRS990/PYOtherExpensesAmt0805110
IRS990/PYOtherRevenueAmt0138771
IRS990/PYProgramServiceRevenueAmt0490000
IRS990/PYRevenuesLessExpensesAmt0-166735
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0805110
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0638375
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-963941
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05933723
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05438731
IRS990ScheduleA/HospitalInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0360479
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1278358
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM PURCHASER
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1PREMIER RECEIVABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05153574
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0EXPECTED PAYABLE TO SUPERIOR HEALTH FOUNDATION
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE COMPANY AND RECOGNIZE A TAX LIABILITY IF THE COMPANY HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE OR OTHER APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE COMPANY AND HAS CONCLUDED THAT AS OF JUNE 30, 2017, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE COMPANY IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO JUNE 30, 2014.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0638837
IRS990ScheduleD/TotalLiabilityAmt05153574
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 WILL BE REVIEWED BY THE ACTING SENIOR ACCOUNTANT AND SIGNED BY THE BOARD PRESIDENT. AT THE BOARD MEETING AFTER FILING, A SUMMARY PRESENTATION WILL BE GIVEN TO THE BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH BOARD MEMBER SIGNS A CONFLICT OF INTEREST STATEMENT ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S ARTICLES OF INCORPORATION ARE AVAILABLE ON THE STATE OF MICHIGAN DEPARTMENT OF LICENSING AND REGULATION WEBSITE. THE ORGANIZATION DOES NOT MAKE PUBLICLY AVAILABLE ITS CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4LOSS ON ASSETS AS PART OF OWNERSHIP CHANGE 952,266.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AS A RESULT OF THE ORGANIZATION'S SALE OF SUBSTANTIALLY ALL OF ITS ASSETS, THE BOARD OF DIRECTORS IS IN THE PROCESS OF WINDING UP ALL AFFAIRS OF THE BUSINESS IN PREPARATION FOR CORPORATE DISSOLUTION. AS A RESULT, THE FORM 990 IS BEING PREPARED USING THE LIQUIDATION BASIS OF ACCOUNTING.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 1, ACCOUNTING METHOD:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt018065974
IRS990/TotalAssetsEOYAmt06220497
IRS990/TotalAssetsGrp/BOYAmt018065974
IRS990/TotalAssetsGrp/EOYAmt06220497
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01001106
IRS990/TotalFunctionalExpensesGrp/TotalAmt01001106
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt018065974
IRS990/TotalLiabilitiesEOYAmt06220497
IRS990/TotalLiabilitiesGrp/BOYAmt018065974
IRS990/TotalLiabilitiesGrp/EOYAmt06220497
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01001106
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt037165
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt037165
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt018065974
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06220497
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0420 W MAGNETIC STREET
IRS990/USAddress/CityNm0MARQUETTE
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd049855
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SCOTT HERIOUX
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09062254642
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MGH WIND DOWN INC
ReturnHeader/Filer/BusinessNameControlTxt0MGHW
ReturnHeader/Filer/EIN0381358036
ReturnHeader/Filer/PhoneNum09062254642
ReturnHeader/Filer/USAddress/AddressLine1Txt0420 W MAGNETIC STREET
ReturnHeader/Filer/USAddress/CityNm0MARQUETTE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd049855
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId09F0D39B2496D0DB35BC8F0F2CBD4694B9A9C09E3
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0082B2C35E613F120B8703482B09AB45DE4420270
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt071.13.97.2
ReturnHeader/FilingSecurityInformation/IPDt02018-05-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm009:14:11
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0382806590
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MAKELA TOUTANT HILL NARDI & KATONA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0201 W BLUFF STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MARQUETTE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd049855
ReturnHeader/PreparerPersonGrp/PhoneNum09062283600
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBIN RAUVALA CPA
ReturnHeader/ReturnTs02018-05-15T10:06:12-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,220,497
Liabilities
$6,220,497
Net assets
$0
Revenue
$37,165
Expenses
$1,001,106
Net income
-$963,941
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