Civic Intelligence

Lakeland Community Hospital Watervliet

EIN 38-1368745 • 501(c)3 • Grand Rapids, MI

View Organization Page

Profile

To provide healthcare services to members of the surrounding communities.

100 Corewell Dr NW Attn TaxGrand Rapids, MI 49503

www.lakelandhealth.org

Siviq Scores

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

Liabilities / Assets

36th percentile

0.10x

Higher debt load relative to assets than 36% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2019

Liabilities / Revenue

18th percentile

0.07x

Higher debt load relative to revenue than 18% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2019

Net Margin

54th percentile

5.8%

Higher net margin than 54% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2019

Top Officer Pay

88th percentile

$657,003

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2019

Asset Growth

59th percentile

7.7%

Faster asset growth than 59% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Revenue Growth

31st percentile

-0.2%

Faster revenue growth than 31% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets36th percentile

Using 2019 Form 990 data because the latest 2024 filing does not report standard financial totals.

Assets

Up

$29,430,786

Up $2,093,648 (+7.7%) from 2018

Liabilities

Down

$2,959,174

Down $415,496 (-12%) from 2018

Net Assets

Up

$26,471,612

Up $2,509,144 (+10%) from 2018

Operations
Liabilities / Revenue18th percentileNet Margin54th percentile

Revenue

Down

$44,027,813

Down $105,762 (-0.2%) from 2018

Expenses

Down

$41,458,055

Down $1,152,999 (-2.7%) from 2018

Net Income

Up

$2,569,758

Up $1,047,237 (+69%) from 2018

Trend Graphs

Balance Sheet Trend

Asset Growth59th percentile

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

$30M$20M$10M$0Assets 2010: $11,926,902Liabilities 2010: $5,362,747Net Assets 2010: $6,564,1552010Assets 2011: $21,892,698Liabilities 2011: $4,759,103Net Assets 2011: $17,133,5952011Assets 2012: $24,193,535Liabilities 2012: $6,512,752Net Assets 2012: $17,680,7832012Assets 2013: $24,689,612Liabilities 2013: $5,568,772Net Assets 2013: $19,120,8402013Assets 2014: $28,631,796Liabilities 2014: $7,451,038Net Assets 2014: $21,180,7582014Assets 2015: $27,373,705Liabilities 2015: $5,048,036Net Assets 2015: $22,325,6692015Assets 2016: $24,081,316Liabilities 2016: $3,320,012Net Assets 2016: $20,761,3042016Assets 2017: $26,140,120Liabilities 2017: $3,871,847Net Assets 2017: $22,268,2732017Assets 2018: $27,337,138Liabilities 2018: $3,374,670Net Assets 2018: $23,962,4682018Assets 2019: $29,430,786Liabilities 2019: $2,959,174Net Assets 2019: $26,471,6122019

Latest loaded filing

2019

Assets$29,430,786
Liabilities$2,959,174
Net Assets$26,471,612
Open 2019 Filing

Operations Trend

Revenue Growth31st percentile

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

$60M$40M$20M$0-$20MExpenses 2010: $29,329,9012010Revenue 2011: $39,184,922Expenses 2011: $28,643,030Net Income 2011: $10,541,8922011Expenses 2012: $28,151,5592012Revenue 2013: $30,033,443Expenses 2013: $28,933,758Net Income 2013: $1,099,6852013Revenue 2014: $37,211,679Expenses 2014: $36,388,186Net Income 2014: $823,4932014Revenue 2015: $38,372,937Expenses 2015: $37,162,945Net Income 2015: $1,209,9922015Revenue 2016: $37,562,458Expenses 2016: $39,234,479Net Income 2016: -$1,672,0212016Revenue 2017: $40,556,251Expenses 2017: $40,442,426Net Income 2017: $113,8252017Revenue 2018: $44,133,575Expenses 2018: $42,611,054Net Income 2018: $1,522,5212018Revenue 2019: $44,027,813Expenses 2019: $41,458,055Net Income 2019: $2,569,7582019

Latest loaded filing

2019

Revenue$44,027,813
Expenses$41,458,055
Net Income$2,569,758
Open 2019 Filing

Filings

Most recent year

2024 • Form 990TFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
-
Liabilities
-
Net assets
-
Revenue
-
Expenses
-
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.
2019Detailed filing. Detailed filing data is available for this year.$29.4$2.96$26.5$44.0$41.5$2.57
2018Detailed filing. Detailed filing data is available for this year.$27.3$3.37$24.0$44.1$42.6$1.52
2017Detailed filing. Detailed filing data is available for this year.$26.1$3.87$22.3$40.6$40.4$0.11
2016Detailed filing. Detailed filing data is available for this year.$24.1$3.32$20.8$37.6$39.2$1.67
2015Detailed filing. Detailed filing data is available for this year.$27.4$5.05$22.3$38.4$37.2$1.21
2014Detailed filing. Detailed filing data is available for this year.$28.6$7.45$21.2$37.2$36.4$0.82
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.7$5.57$19.1$30.0$28.9$1.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.2$6.51$17.7$28.2
2011Summary only. Only limited summary data is available for this year.$21.9$4.76$17.1$39.2$28.6$10.5
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.9$5.36$6.56$29.3
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 1, 2025
Return Version
2024v5.2
Mission and Program Overview

Mission

To improve health, inspire hope and save lives.

Filing and Contact Details

Filer

Filer Name
Lakeland Community Hospital Watervliet
EIN
38-1368745
Phone
8669897999
Address
100 COREWELL DR NW ATTN TAX, GRAND RAPIDS, MI 49503

Signing Officer

Name
Matthew E Cox
Title
CFO
Phone
8669897999
Signed
2025-10-01
Raw XML Appendix84 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
IRS990T/BooksInCareOfDetail/PersonNm0CORPORATE TAX
IRS990T/BooksInCareOfDetail/PhoneNum08669897999
IRS990T/BooksInCareOfDetail/USAddress/AddressLine1Txt0100 COREWELL DR NW ATTN TAX
IRS990T/BooksInCareOfDetail/USAddress/CityNm0GRAND RAPIDS
IRS990T/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990T/BooksInCareOfDetail/USAddress/ZIPCd049503
IRS990T/BookValueAssetsEOYAmt037595656
IRS990T/CharitableContributionsDedAmt00
IRS990T/ESPenaltyAmt02
IRS990T/EstimatedTaxPaymentsAmt02000
IRS990T/ExtsnRequestIncomeTaxPaidAmt02000
IRS990T/ForeignAccountsQuestionInd00
IRS990T/ForeignTrustQuestionInd00
IRS990T/Form2220AttachedInd0X
IRS990T/Form990TScheduleAAttachedCnt01
IRS990T/GroupExemptionNum05981
IRS990T/Organization501cCorporationInd0X
IRS990T/Organization501IndicatorGrp/Organization501cTypeTxt0c3
IRS990T/Organization501IndicatorGrp/Organization501Ind0X
IRS990T/OtherTaxesAmt00
IRS990T/OverpaymentSection/AppliedToESTaxAmt01901
IRS990T/OverpaymentSection/OverpaymentAmt01901
IRS990T/OverpaymentSection/RefundAmt00
IRS990T/PaidTaxLiabilityAmt00
IRS990T/ParentCorporationEIN0383382353
IRS990T/ParentCorporationName/BusinessNameLine1Txt0COREWELL HEALTH
IRS990T/PriorYearOverpaymentCreditAmt0733
IRS990T/PrntCorporationNameControlTxt0CORE
IRS990TScheduleA/NetOperatingLossDeductionAmt00
IRS990TScheduleA/PrincipalBusinessActivityCd0901101
IRS990TScheduleA/SequenceReferenceNum01
IRS990TScheduleA/SequenceTotalNum01
IRS990TScheduleA/TotalAllocableDeductionsAmt00
IRS990TScheduleA/TotalCtrlOrgDeductionAmt00
IRS990TScheduleA/TotalCtrlOrgPymtGrossIncmAmt00
IRS990TScheduleA/TotalDeductionsAmt00
IRS990TScheduleA/TotalDeductionSetAsidesAmt00
IRS990TScheduleA/TotalDirectAdvertisingCostAmt00
IRS990TScheduleA/TotalDividendsReceivedDedAmt00
IRS990TScheduleA/TotalGrossAdvertisingIncomeAmt00
IRS990TScheduleA/TotalGrossDebtFinancedIncmAmt00
IRS990TScheduleA/TotalInvestmentIncomeAmt00
IRS990TScheduleA/TotalPrtshpSCorpIncomeAmt014478
IRS990TScheduleA/TotalRentDeductionsAmt00
IRS990TScheduleA/TotalRentIncomeAmt00
IRS990TScheduleA/TotalUnrelatedBusinessCompAmt00
IRS990TScheduleA/TotExcessReadershipCostsDedAmt00
IRS990TScheduleA/TotNetUnrltTrdBusIncmAmt014478
IRS990TScheduleA/TotUnrltTrdBusIncmAmt014478
IRS990TScheduleA/TotUnrltTrdBusIncmExpnssAmt00
IRS990TScheduleA/TradeOrBusinessDesc0INVESTMENT ACTIVITIES
IRS990TScheduleA/UBIBeforeNOLDedAmt014478
IRS990TScheduleA/UnrelatedBusinessTaxblIncmAmt014478
IRS990T/SpecificDeductionAmt01000
IRS990T/SubsidiaryCorporationInd01
IRS990T/TaxableCorporationAmt02830
IRS990T/TaxLessCreditsAmt02830
IRS990T/TotalDeductionAmt01000
IRS990T/TotalPaymentsAmt04733
IRS990T/TotalTaxAmt02830
IRS990T/TotalTaxComputationAmt02830
IRS990T/TotalUBTIAmt013478
IRS990T/TotalUBTIBeforeNOLSpecificAmt014478
IRS990T/TotalUBTIBeforeSection199AAmt014478
IRS990T/TotalUBTIComputedAmt014478
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MATTHEW E COX
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum08669897999
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAKELAND COMMUNITY HOSPITAL WATERVLIET
ReturnHeader/Filer/BusinessNameControlTxt0LAKE
ReturnHeader/Filer/EIN0381368745
ReturnHeader/Filer/PhoneNum08669897999
ReturnHeader/Filer/USAddress/AddressLine1Txt0100 COREWELL DR NW ATTN TAX
ReturnHeader/Filer/USAddress/CityNm0GRAND RAPIDS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd049503
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02025-10-06T11:12:12-05:00
ReturnHeader/ReturnTypeCd0990T
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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