Civic Intelligence

Bmh Wind Down

990 • Fiscal year 2019 • EIN 38-1394903

Jul 01, 2018 to Jun 30, 2019 • Filed on Jun 29, 2020

901 Lakeshore DriveIshpeming, MI 49849

(906) 485-2605

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

49th percentile

2.7%

Higher net margin than 49% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

48th percentile

1.1%

Faster asset growth than 48% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

100th percentile

4608%

Faster revenue growth than 100% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$46,996

Up $533 (+1.1%) from 2018

Net Assets

Up

$46,996

Up $533 (+1.1%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Up

$19,820

Up $19,399 (+4608%) from 2018

Expenses

Down

$19,287

Down $879,340 (-98%) from 2018

Net Income

Up

$533

Up $898,739 (+100%) from 2018

Historical Trend

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2010: $63,451,083Liabilities 2010: $48,101,892Net Assets 2010: $15,349,1912010Assets 2011: $60,880,447Liabilities 2011: $43,234,364Net Assets 2011: $17,646,0832011Assets 2012: $60,602,917Liabilities 2012: $45,821,691Net Assets 2012: $14,781,2262012Assets 2013: $60,647,227Liabilities 2013: $43,638,423Net Assets 2013: $17,008,8042013Assets 2014: $3,110,466Liabilities 2014: $0Net Assets 2014: $3,110,4662014Assets 2015: $925,157Liabilities 2015: $0Net Assets 2015: $925,1572015Assets 2016: $870,056Liabilities 2016: $0Net Assets 2016: $870,0562016Assets 2017: $944,669Liabilities 2017: $0Net Assets 2017: $944,6692017Assets 2018: $46,463Liabilities 2018: $0Net Assets 2018: $46,4632018Assets 2019: $46,996Liabilities 2019: $0Net Assets 2019: $46,9962019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2019

Assets$46,996
Liabilities$0
Net Assets$46,996

Operations Trend

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

$60M$40M$20M$0-$20MExpenses 2010: $46,687,0252010Expenses 2011: $44,995,1692011Expenses 2012: $47,349,5722012Revenue 2013: $46,859,901Expenses 2013: $47,398,855Net Income 2013: -$538,9542013Revenue 2014: $11,638,297Expenses 2014: $20,004,710Net Income 2014: -$8,366,4132014Revenue 2015: $59,745Expenses 2015: $2,245,054Net Income 2015: -$2,185,3092015Revenue 2016: $76,452Expenses 2016: $131,553Net Income 2016: -$55,1012016Revenue 2017: $100,424Expenses 2017: $25,811Net Income 2017: $74,6132017Revenue 2018: $421Expenses 2018: $898,627Net Income 2018: -$898,2062018Revenue 2019: $19,820Expenses 2019: $19,287Net Income 2019: $5332019Revenue 2020: $21Expenses 2020: $47,016Net Income 2020: -$46,9952020

Highlighted filing

2019

Revenue$19,820
Expenses$19,287
Net Income$533
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jun 29, 2020
Return Version
2018v3.0
Gross Receipts
$19,820
Mission and Program Overview

Mission

The organization's mission is to improve the lives of everyone we touch

To improve the lives of everyone we touch

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$46,463$46,996▲ $533
Total Assets$46,463$46,996▲ $533
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$46,463$46,996▲ $533
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$46,463$46,996▲ $533
Total Liabilities and Net Assets / Fund Balance$46,463$46,996▲ $533
Compensation and Service Providers

Board Members and Trustees

NameTitle
Robert DellangeloChair
William StreamVice Chair
Janice AndersonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$27
Other Revenue
$19,793
Change in Net Assets
$533
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$19,287
Total Fundraising Expense$19,287
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Legal--$16,787$16,787
Fees for Services Accounting--$2,500$2,500
Total Functional Expenses$0$0$19,287$19,287
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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 B, Line 11B

Form 990 is provided to the board of directors for review prior to being submitted to the irs. Questions and comments were solicited from the board of directors to ensure the completeness and accuracy of the form.

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

Board members review and sign the conflict of interest disclosures annually. These statements are reviewed by the organization's legal counsel to ensure compliance with the policy. If a board member is found to have a conflict they are required to remove themselves from any discussions of the matter. If the conflict could not be dealt with, the board would have to consider whether the board member should stay a member of the board of directors to date, the organization has not had any board members with conflicts of interest.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Bmh-wind Down
EIN
38-1394903
Phone
9064852605
Address
901 LAKESHORE DRIVE, ISHPEMING, MI 49849

Signing Officer

Name
Teresa Perry
Title
CFO
Phone
9064852605
Signed
2020-06-29

Organization Details

Principal Officer
Robert Dellangelo
Formed
1951
Legal Domicile
Mi
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3
Raw XML Appendix271 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/Form990PartVIISectionAGrp/PersonNm1JANICE ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm2WILLIAM STREAM
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
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IRS990/FormationYr01951
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
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IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt019820
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
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IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
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IRS990/LoanOutstandingInd00
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IRS990/MembersOrStockholdersInd00
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IRS990/MoreThan5000KToIndividualsInd00
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IRS990/NetUnrelatedBusTxblIncmAmt00
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IRS990/NondeductibleContributionsInd00
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IRS990/OtherRevenueMiscGrp/BusinessCd0900099
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO BEING SUBMITTED TO THE IRS. QUESTIONS AND COMMENTS WERE SOLICITED FROM THE BOARD OF DIRECTORS TO ENSURE THE COMPLETENESS AND ACCURACY OF THE FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS REVIEW AND SIGN THE CONFLICT OF INTEREST DISCLOSURES ANNUALLY. THESE STATEMENTS ARE REVIEWED BY THE ORGANIZATION'S LEGAL COUNSEL TO ENSURE COMPLIANCE WITH THE POLICY. IF A BOARD MEMBER IS FOUND TO HAVE A CONFLICT THEY ARE REQUIRED TO REMOVE THEMSELVES FROM ANY DISCUSSIONS OF THE MATTER. IF THE CONFLICT COULD NOT BE DEALT WITH, THE BOARD WOULD HAVE TO CONSIDER WHETHER THE BOARD MEMBER SHOULD STAY A MEMBER OF THE BOARD OF DIRECTORS TO DATE, THE ORGANIZATION HAS NOT HAD ANY BOARD MEMBERS WITH CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
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ReasonableCauseExplanation/ExplanationTxt0THE ENTITY IS ONLY OPERATIONAL FOR WIND DOWN PURPOSES OF EXPENSES AND OLD HOSPITAL RELATED REFUNDS
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Teresa Perry
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum09064852605
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-06-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BMH-WIND DOWN
ReturnHeader/Filer/BusinessNameControlTxt0BMH-
ReturnHeader/Filer/EIN0381394903
ReturnHeader/Filer/PhoneNum09064852605
ReturnHeader/Filer/USAddress/AddressLine1Txt0901 LAKESHORE DRIVE
ReturnHeader/Filer/USAddress/CityNm0ISHPEMING
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd049849
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt074.221.49.240
ReturnHeader/ReturnTs02020-06-29T11:46:01-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

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