Civic Intelligence

Finlandia University

990 • Fiscal year 2016 • EIN 38-1359570

Jul 01, 2015 to Jun 30, 2016 • Filed on Mar 09, 2017

601 Quincy StreetHancock, MI 49930

(906) 487-7231

Siviq Scores

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

Liabilities / Assets

70th percentile

0.51x

Higher debt load relative to assets than 70% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Liabilities / Revenue

79th percentile

1.19x

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

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Net Margin

26th percentile

-3.1%

Higher net margin than 26% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Top Officer Pay

7th percentile

$0

Higher top officer pay than 7% of similar nonprofits.

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

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Asset Growth

65th percentile

6.0%

Faster asset growth than 65% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Revenue Growth

51st percentile

3.0%

Faster revenue growth than 51% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Assets

Up

$34,451,127

Up $1,958,072 (+6.0%) from 2015

Net Assets

Down

$16,714,782

Down $457,197 (-2.7%) from 2015

Liabilities

Up

$17,736,345

Up $2,415,269 (+16%) from 2015

Revenue

Up

$14,932,096

Up $440,315 (+3.0%) from 2015

Expenses

Up

$15,389,293

Up $1,410,243 (+10%) from 2015

Net Income

Down

-$457,197

Down $969,928 (-189%) from 2015

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2010: $24,098,363Liabilities 2010: $9,474,652Net Assets 2010: $14,623,7112010Assets 2011: $26,091,401Liabilities 2011: $9,566,037Net Assets 2011: $16,525,3642011Assets 2012: $28,930,855Liabilities 2012: $11,731,770Net Assets 2012: $17,199,0852012Assets 2013: $29,671,404Liabilities 2013: $12,198,279Net Assets 2013: $17,473,1252013Assets 2014: $30,088,850Liabilities 2014: $13,429,602Net Assets 2014: $16,659,2482014Assets 2015: $32,493,055Liabilities 2015: $15,321,076Net Assets 2015: $17,171,9792015Assets 2016: $34,451,127Liabilities 2016: $17,736,345Net Assets 2016: $16,714,7822016Assets 2017: $33,386,351Liabilities 2017: $18,447,281Net Assets 2017: $14,939,0702017Assets 2018: $37,372,683Liabilities 2018: $19,027,350Net Assets 2018: $18,345,3332018Assets 2019: $34,753,647Liabilities 2019: $16,713,426Net Assets 2019: $18,040,2212019Assets 2020: $36,458,957Liabilities 2020: $17,728,278Net Assets 2020: $18,730,6792020Assets 2021: $36,184,751Liabilities 2021: $16,954,078Net Assets 2021: $19,230,6732021

Highlighted filing

2016

Assets$34,451,127
Liabilities$17,736,345
Net Assets$16,714,782

Operations Trend

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

$20M$10M$0-$10MExpenses 2010: $11,322,6812010Expenses 2011: $13,063,1572011Expenses 2012: $12,340,5572012Revenue 2013: $15,096,224Expenses 2013: $14,822,184Net Income 2013: $274,0402013Revenue 2014: $14,115,728Expenses 2014: $14,929,605Net Income 2014: -$813,8772014Revenue 2015: $14,491,781Expenses 2015: $13,979,050Net Income 2015: $512,7312015Revenue 2016: $14,932,096Expenses 2016: $15,389,293Net Income 2016: -$457,1972016Revenue 2017: $13,043,179Expenses 2017: $14,818,891Net Income 2017: -$1,775,7122017Revenue 2018: $19,008,814Expenses 2018: $14,921,824Net Income 2018: $4,086,9902018Revenue 2019: $15,351,014Expenses 2019: $15,656,126Net Income 2019: -$305,1122019Revenue 2020: $17,015,057Expenses 2020: $16,324,599Net Income 2020: $690,4582020Revenue 2021: $18,081,025Expenses 2021: $17,581,030Net Income 2021: $499,9952021

Highlighted filing

2016

Revenue$14,932,096
Expenses$15,389,293
Net Income-$457,197
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Mar 9, 2017
Return Version
2015v3.0
Gross Receipts
$14,932,096
Mission and Program Overview

Mission

To provide instructional and educational services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$23,408,452$24,277,743▲ $869,291
Investments in Publicly Traded Securities$4,661,544$4,575,100▼ $86,444
Pledges and Grants Receivable-$3,538,000-
Accounts Receivable$3,571,388$873,520▼ $2,697,868
Cash and Non-Interest-Bearing Accounts$34,218$409,380▲ $375,162
Loans From Officers Directors$370,000--
Inventories for Sale or Use$199,402$215,087▲ $15,685
Prepaid Expenses and Deferred Charges$79,762$17,380▼ $62,382
Total Assets$32,493,055$34,451,127▲ $1,958,072
Other Assets Total$538,289$544,917▲ $6,628
Liabilities
Other Liabilities$13,521,242$15,968,703▲ $2,447,461
Accounts Payable and Accrued Expenses$773,488$1,079,678▲ $306,190
Deferred Revenue$397,269$438,353▲ $41,084
Grants Payable$259,077$249,611▼ $9,466
Total Liabilities$15,321,076$17,736,345▲ $2,415,269
Net Assets / Fund Balance
Unrestricted Net Assets$8,245,721$7,695,138▼ $550,583
Permanently Rstr Net Assets$7,315,466$7,358,804▲ $43,338
Temporarily Rstr Net Assets$1,610,792$1,660,840▲ $50,048
Total Net Assets Fund Balance$17,171,979$16,714,782▼ $457,197
Total Liabilities and Net Assets / Fund Balance$32,493,055$34,451,127▲ $1,958,072

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$20,969,583$11,844,672$32,814,255
Land$3,308,160-$3,308,160

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$5,931,476----
2013$5,816,751----
2012$6,036,044----
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$2,473,948
Program Service Revenue
$10,759,251
Investment Income
$32,500
Other Revenue
$1,666,397
Change in Net Assets
$-457,197

Audited Revenue Reconciliation

Revenue per Audited Statements
$14,932,096
Total Revenue per Audited Statements
$14,932,096
Total Revenue per Form 990
$14,932,096
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,854,469
Salaries, Compensation, and Employee Benefits$7,534,824
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,720,100--$5,720,100
Fees for Services Other$995,680--$995,680
Other Employee Benefits$989,968--$989,968
All Other Expenses$801,470--$801,470
Interest$549,257--$549,257
Depreciation Depletion$526,974--$526,974
Travel$524,480--$524,480
Occupancy$491,365--$491,365
Pension Plan Contributions$416,595--$416,595
Payroll Taxes$408,161--$408,161
Office Expenses$135,090--$135,090
Other Expenses$109,847--$109,847
Insurance$82,061--$82,061
Advertising$74,250--$74,250
Fees for Services Legal$70,313--$70,313
Fees for Services Accounting$48,491--$48,491
Conferences and Meetings$38,463--$38,463
Fees for Services Management$30,270--$30,270
Total Functional Expenses$15,389,293$0$0$15,389,293

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$15,389,293
Total Expenses per Audited Statements$15,389,293
Total Expenses per Form 990$15,389,293
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$370,000--
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Notes, Bond, Mortgage Obligations$14,918,993
Accrued Liabilities$1,680,378
Deposits$14,700
Annuities Payable$11,564
Subsidiary Net Assets$-656,932
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 9

The hon. Michael a. Lahti mr. John m. Leinonen mrs. Jane m. Lepisto mr. John j. Perras mr. Eric sauey mrs. Luanne m. Skrenes mr. John h. Stierna mrs. Iola jean vanstrom julie badel jeanne kemppainen paul knuti allen freis shelby hamar kristin hebrank dr. Sarah kemppainen dr. Arthur puotinen rev. Peter vorhes

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 15A

The board of trustees determines the president's salary. Salary decisions have been linked to recent historical data internally as well as local and cohort comparatives, also taking market factors and internal financial considerations into account. When a change in compensation or any terms of employment is made for the president, the board of trustees sends human resources a copy of the letter that was sent to the president informing him of the change. Human resources then completes an internal form documenting the change and the form is required to be signed off by human resources, executive vp of business, and the president.

Form 990, Page 6, Part VI, Line 15B

The president determines compensation for the executive vp's. Salary decisions for these leaders have been linked to recent historical data internally as well as local and cohort comparatives, also taking market factors and internal financial considerations into account. For compensation terms of employment changes made for all other employees (including the executive vps), the direct supervisor completes the aforementioned form and includes any supplemental documentation. Approval must be made on the form by signature from the supervisor, the executive vp overseeing the unit the employee works, the executive vp for business, human resources, and the president.

Form 990, Page 6, Part VI, Line 19

Governing documents are kept in the library and are available upon request.

Filing and Contact Details

Filer

Filer Name
Finlandia University
EIN
38-1359570
Phone
9064877231
Address
601 QUINCY STREET, HANCOCK, MI 49930

Signing Officer

Name
Angela Price
Title
VP Business
Phone
9064877231
Signed
2017-03-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Philip Johnson
Formed
1896
Legal Domicile
Mi
Voting Board Members
17
Independent Board Members
0
Employees
250

Preparer

Firm
Anderson Tackman & Company Plc
Address
201 E HUGHITT ST, IRON MOUNTAIN, MI 49801-2909
Preparer
Shane M Ellison CPA
Phone
9067744300
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Mannerheim, inc. - consolidated for financial statement 0 mannerheim, inc. - consolidated for financial statements 0 rounding 0 net loss from reconciliation of subsidiary 0

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Mannerheim, inc. - consolidated for financial statement 0

Schedule D, Page 4, Part XII, Line 2D

Mannerheim, inc. - consolidated for financial statements 0 rounding 0

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IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
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IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
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IRS990/OfficeExpensesGrp/ProgramServicesAmt0135090
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IRS990/OfficerMailingAddressInd0true
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IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0989968
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0989968
IRS990/OtherExpensesGrp/Desc0SCHOLARSHIPS/GRANTS/TUIT.
IRS990/OtherExpensesGrp/Desc1FIDUCIARY FEES
IRS990/OtherExpensesGrp/Desc2RECRUITING
IRS990/OtherExpensesGrp/Desc3REPAIRS AND MAINTENANCE
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IRS990/OtherExpensesGrp/ProgramServicesAmt1543673
IRS990/OtherExpensesGrp/ProgramServicesAmt2110380
IRS990/OtherExpensesGrp/ProgramServicesAmt3109847
IRS990/OtherExpensesGrp/TotalAmt02722405
IRS990/OtherExpensesGrp/TotalAmt1543673
IRS990/OtherExpensesGrp/TotalAmt2110380
IRS990/OtherExpensesGrp/TotalAmt3109847
IRS990/OtherLiabilitiesGrp/BOYAmt013521242
IRS990/OtherLiabilitiesGrp/EOYAmt015968703
IRS990/OtherRevenueMiscGrp/Desc0AUXILIARY ACTIVITIES
IRS990/OtherRevenueMiscGrp/Desc1OTHER AUXILIARY AND COMMUNITY
IRS990/OtherRevenueMiscGrp/Desc2GAINS ON INVESTMENTS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01354028
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1312302
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt267
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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt05720100
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IRS990/PayrollTaxesGrp/ProgramServicesAmt0408161
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IRS990/PledgesAndGrantsReceivableGrp/EOYAmt03538000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt079762
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt017380
IRS990/PrincipalOfficerNm0DR PHILIP JOHNSON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1GOVERNMENT GRANTS (FED AID)
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt07353902
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13405349
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07353902
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13405349
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt03610806
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt029946
IRS990/PYOtherExpensesAmt06290424
IRS990/PYOtherRevenueAmt01389426
IRS990/PYProgramServiceRevenueAmt09461603
IRS990/PYRevenuesLessExpensesAmt0512731
IRS990/PYSalariesCompEmpBnftPaidAmt07688626
IRS990/PYTotalExpensesAmt013979050
IRS990/PYTotalRevenueAmt014491781
IRS990/ReconcilationRevenueExpnssAmt0-457197
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt020969583
IRS990ScheduleD/BuildingsGrp/DepreciationAmt011844672
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt032814255
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt05931476
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt05816751
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt06036044
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/ExpensesSubtotalAmt015389293
IRS990ScheduleD/LandGrp/BookValueAmt03308160
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt03308160
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt014918993
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11680378
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt214700
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt311564
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4-656932
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NOTES, BOND, MORTGAGE OBLIGATIONS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3ANNUITIES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4SUBSIDIARY NET ASSETS
IRS990ScheduleD/RevenueSubtotalAmt014932096
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANNERHEIM, INC. - CONSOLIDATED FOR FINANCIAL STATEMENT 0
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1MANNERHEIM, INC. - CONSOLIDATED FOR FINANCIAL STATEMENTS 0 ROUNDING 0
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt024277743
IRS990ScheduleD/TotalExpensesPerForm990Amt015389293
IRS990ScheduleD/TotalLiabilityAmt015968703
IRS990ScheduleD/TotalRevenuePerForm990Amt014932096
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt014932096
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt015389293
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0ALL INFORMATION IS INCLUDED IN ENROLLMENT LITERATURE, CD'S CATALOGS, WEBSITE, HANDBOOKS AND PRINTED BROCHURES.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt11. FUNDS THAT COME IN ARE APPLIED DIRECTLY TO STUDENT ACCOUNTS FOR PELL, SEOG, ACG, AND DIRECT LOANS. 2. FUNDS THAT COME FROM FEDERAL SOURCES THAT ARE EITHER PROGRAM SUPPORT OR STUDENT SUPPORT ARE CONTROLLED BY FINLANDIA UNIVERSITY. 3. PROGRAM SUPPORT - SSS, UB, ETS ARE ALL GRANT PROGRAMS AT FINLANDIA UNIVERSITY. 4. STUDENT SUPPORT - WORK STUDY PROGRAM - FINLANDIA UNIVERSITY CUTS PAYROLL CHECKS TO STUDENTS. 5. NOT ALL OF THE ABOVE PROGRAMS PROVIDE FINANCIAL ASSISTANCE TO FINLANDIA UNIVERSITY BUT RATHER TO THE STUDENTS OR THE PROGRAM THEY SUPPORT.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE HON. MICHAEL A. LAHTI MR. JOHN M. LEINONEN MRS. JANE M. LEPISTO MR. JOHN J. PERRAS MR. ERIC SAUEY MRS. LUANNE M. SKRENES MR. JOHN H. STIERNA MRS. IOLA JEAN VANSTROM JULIE BADEL JEANNE KEMPPAINEN PAUL KNUTI ALLEN FREIS SHELBY HAMAR KRISTIN HEBRANK DR. SARAH KEMPPAINEN DR. ARTHUR PUOTINEN REV. PETER VORHES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF TRUSTEES DETERMINES THE PRESIDENT'S SALARY. SALARY DECISIONS HAVE BEEN LINKED TO RECENT HISTORICAL DATA INTERNALLY AS WELL AS LOCAL AND COHORT COMPARATIVES, ALSO TAKING MARKET FACTORS AND INTERNAL FINANCIAL CONSIDERATIONS INTO ACCOUNT. WHEN A CHANGE IN COMPENSATION OR ANY TERMS OF EMPLOYMENT IS MADE FOR THE PRESIDENT, THE BOARD OF TRUSTEES SENDS HUMAN RESOURCES A COPY OF THE LETTER THAT WAS SENT TO THE PRESIDENT INFORMING HIM OF THE CHANGE. HUMAN RESOURCES THEN COMPLETES AN INTERNAL FORM DOCUMENTING THE CHANGE AND THE FORM IS REQUIRED TO BE SIGNED OFF BY HUMAN RESOURCES, EXECUTIVE VP OF BUSINESS, AND THE PRESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PRESIDENT DETERMINES COMPENSATION FOR THE EXECUTIVE VP'S. SALARY DECISIONS FOR THESE LEADERS HAVE BEEN LINKED TO RECENT HISTORICAL DATA INTERNALLY AS WELL AS LOCAL AND COHORT COMPARATIVES, ALSO TAKING MARKET FACTORS AND INTERNAL FINANCIAL CONSIDERATIONS INTO ACCOUNT. FOR COMPENSATION TERMS OF EMPLOYMENT CHANGES MADE FOR ALL OTHER EMPLOYEES (INCLUDING THE EXECUTIVE VPS), THE DIRECT SUPERVISOR COMPLETES THE AFOREMENTIONED FORM AND INCLUDES ANY SUPPLEMENTAL DOCUMENTATION. APPROVAL MUST BE MADE ON THE FORM BY SIGNATURE FROM THE SUPERVISOR, THE EXECUTIVE VP OVERSEEING THE UNIT THE EMPLOYEE WORKS, THE EXECUTIVE VP FOR BUSINESS, HUMAN RESOURCES, AND THE PRESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS ARE KEPT IN THE LIBRARY AND ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MANNERHEIM, INC. - CONSOLIDATED FOR FINANCIAL STATEMENT 0 MANNERHEIM, INC. - CONSOLIDATED FOR FINANCIAL STATEMENTS 0 ROUNDING 0 NET LOSS FROM RECONCILIATION OF SUBSIDIARY 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd0true
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0FINLANDIA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0383535259
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0MI
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct01.00000
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0MANAGEMENT
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0MANNERHEIM INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfEOYAssetsAmt0237350
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfTotalIncomeAmt0-44172
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0601 QUINCY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0HANCOCK
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0MI
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd049930
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$36.2$17.0$19.2$18.1$17.6$0.50
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$36.5$17.7$18.7$17.0$16.3$0.69
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$34.8$16.7$18.0$15.4$15.7$0.31
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$37.4$19.0$18.3$19.0$14.9$4.09
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.4$18.4$14.9$13.0$14.8$1.78
2016Detailed filing. Detailed filing data is available for this year.$34.5$17.7$16.7$14.9$15.4$0.46
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.5$15.3$17.2$14.5$14.0$0.51
2014Detailed filing. Detailed filing data is available for this year.$30.1$13.4$16.7$14.1$14.9$0.81
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.7$12.2$17.5$15.1$14.8$0.27
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.9$11.7$17.2$12.3
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.1$9.57$16.5$13.1
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.1$9.47$14.6$11.3
Peer Organizations

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