Liabilities / Assets
95th percentile
Higher debt load relative to assets than 95% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
1.00x
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on this filing.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Asset Growth
3rd percentile
Faster asset growth than 3% of similar nonprofits.
Revenue Growth
Score unavailable
A valid growth rate could not be computed from the available filing history.
Balance Sheet
Assets
Down$78,883
Down $5,949,964 (-99%) from 2020
Net Assets
Flat$0
Flat from 2020
Liabilities
Down$78,883
Down $5,949,964 (-99%) from 2020
Revenue And Expenses
Revenue
Flat$0
Flat from 2020
Expenses
Flat$0
Flat from 2020
Net Income
Flat$0
Flat from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2020 to Jun 30, 2021
- Signed
- May 5, 2022
- Return Version
- 2020v4.2
- Gross Receipts
- $0
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.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| CONTINUING WIND-DOWN OF REMAINING ASSETS AND LIABILITIES OF MARQUETTE GENERAL HEALTH SYSTEM. | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| SCOTT HERIOUX | President | - | $0 | - | - |
| MICHAEL L VONCK | Secretary/Treasurer | - | $0 | - | - |
| K MICHAEL SKYTTA | Trustee | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Mgh Wind Down Inc
- EIN
- 38-1358036
- Phone
- 9064856311
- Address
- 205 S MAIN STREET, ISHPEMING, MI 49849
Signing Officer
- Name
- Scott Herioux
- Title
- President
- Phone
- 9064856311
- Signed
- 2022-05-05
- Discuss with paid preparer
- Yes
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-ez, Part II, Line 24 - Other Assets
“Description: due from purchaser. Beg. Of year amount: 362,486. End of year amount: 0. Description: publicly traded securities. Beg. Of year amount: 146,927. End of year amount: 0.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: expected payable to superior health foundation. Beg. Of year amount: 6,008,302. End of year amount: 78,783. Description: accounts payable and accrued expenses. Beg. Of year amount: 20,545. End of year amount: 100. Description: other liabilities - override. Beg. Of year amount: 6,008,302. End of year amount: 0.”
Raw XML Appendix146 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | BRIAN D SHERIDAN |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9064856311 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 205 S MAIN STREET |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | ISHPEMING |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MI |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 49849 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 5519434 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 78883 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 0 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 6028847 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 78883 |
| IRS990EZ/GrossReceiptsAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingOtherDesc | 0 | LIQUIDATION |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 0 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 0 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.75 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | SCOTT HERIOUX |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | MICHAEL L VONCK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | K MICHAEL SKYTTA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | SECRETARY/TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TRUSTEE |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 1 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 509413 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO WIND DOWN THE REMAINING ASSETS AND LIABILITIES OF MARQUETTE GENERAL HEALTH SYSTEM. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | CONTINUING WIND-DOWN OF REMAINING ASSETS AND LIABILITIES OF MARQUETTE GENERAL HEALTH SYSTEM. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | MI |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 6028847 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 78883 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 0 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 0 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/HospitalInd | 0 | X |
| IRS990ScheduleN/DirectorOfSuccessor2Ind | 0 | 0 |
| IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc | 0 | CASH |
| IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc | 1 | 3998 SHARES SUN LIFE FINANCIAL INC STOCK |
| IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt | 0 | SUPERIOR HEALTH FOUNDATION |
| IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt | 1 | SUPERIOR HEALTH FOUNDATION |
| IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt | 0 | 2020-08-31 |
| IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt | 1 | 2020-09-04 |
| IRS990ScheduleN/DispositionOfAssetsDetail/EIN | 0 | 203615349 |
| IRS990ScheduleN/DispositionOfAssetsDetail/EIN | 1 | 203615349 |
| IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt | 0 | 5746051 |
| IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt | 1 | 167216 |
| IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt | 0 | 501(C)(3) |
| IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt | 1 | 501(C)(3) |
| IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt | 0 | NYSE HIGH/LOW AVERAGE |
| IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt | 0 | 121 N FRONT STREET |
| IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt | 1 | 121 N FRONT STREET |
| IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm | 0 | MARQUETTE |
| IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm | 1 | MARQUETTE |
| IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd | 0 | MI |
| IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd | 1 | MI |
| IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd | 0 | 49855 |
| IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd | 1 | 49855 |
| IRS990ScheduleN/EmployeeOfSuccessor2Ind | 0 | 0 |
| IRS990ScheduleN/OwnerOfSuccessor2Ind | 0 | 0 |
| IRS990ScheduleN/ReceiveCompensation2Ind | 0 | 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: DUE FROM PURCHASER. BEG. OF YEAR AMOUNT: 362,486. END OF YEAR AMOUNT: 0. DESCRIPTION: PUBLICLY TRADED SECURITIES. BEG. OF YEAR AMOUNT: 146,927. END OF YEAR AMOUNT: 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: EXPECTED PAYABLE TO SUPERIOR HEALTH FOUNDATION. BEG. OF YEAR AMOUNT: 6,008,302. END OF YEAR AMOUNT: 78,783. DESCRIPTION: ACCOUNTS PAYABLE AND ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 20,545. END OF YEAR AMOUNT: 100. DESCRIPTION: OTHER LIABILITIES - OVERRIDE. BEG. OF YEAR AMOUNT: 6,008,302. END OF YEAR AMOUNT: 0. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | SCOTT HERIOUX |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9064856311 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-05-05 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | MGH WIND DOWN INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | MGHW |
| ReturnHeader/Filer/EIN | 0 | 381358036 |
| ReturnHeader/Filer/PhoneNum | 0 | 9064856311 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 205 S MAIN STREET |
| ReturnHeader/Filer/USAddress/CityNm | 0 | ISHPEMING |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MI |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 49849 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 382806590 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | MAKELA TOUTANT HILL NARDI & KATONA PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 201 W BLUFF STREET |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | MARQUETTE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MI |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 49855 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9062283600 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2022-05-05 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | ROBIN RAUVALA CPA |
| ReturnHeader/ReturnTs | 0 | 2022-05-10T09:15:58-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | SCOTT |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | HERIOUX |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-06-30 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $78,883
- Liabilities
- $78,883
- Net assets
- $0
- Revenue
- $0
- Expenses
- $0
- Net income
- $0