Civic Intelligence

Legacy DMC

990 • Fiscal year 2013 • EIN 38-2571767

Jan 01, 2013 to Dec 31, 2013 • Filed on Sep 05, 2014

Organization ProfileN/A

View Organization Page

3663 Woodward Avenue No 200Detroit, MI 48201-2403

(313) 578-2311

Siviq Scores

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

Liabilities / Assets

41st percentile

0.12x

Higher debt load relative to assets than 41% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Liabilities / Revenue

94th percentile

6.57x

Higher debt load relative to revenue than 94% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Net Margin

1st percentile

-2613%

Higher net margin than 1% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Top Officer Pay

66th percentile

$150,000

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 102.3% of source-year revenue.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Asset Growth

1st percentile

-69%

Faster asset growth than 1% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2012 to 2013

Revenue Growth

1st percentile

-97%

Faster revenue growth than 1% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2011 to 2013

Balance Sheet
Liabilities / Assets41st percentile

Assets

Down

$7,722,776

Down $17,044,855 (-69%) from 2012

Net Assets

Down

$6,759,372

Down $3,813,172 (-36%) from 2012

Liabilities

Down

$963,404

Down $13,231,683 (-93%) from 2012

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin1st percentile

Revenue

$146,673

No earlier filing loaded for comparison.

Expenses

Down

$3,979,729

Down $59,273,905 (-94%) from 2012

Net Income

-$3,833,056

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

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

$400M$200M$0-$200MAssets 2010: $217,518,775Liabilities 2010: $332,020,036Net Assets 2010: -$114,501,2612010Assets 2011: $68,833,681Liabilities 2011: $4,532,433Net Assets 2011: $64,301,2482011Assets 2012: $24,767,631Liabilities 2012: $14,195,087Net Assets 2012: $10,572,5442012Assets 2013: $7,722,776Liabilities 2013: $963,404Net Assets 2013: $6,759,3722013Assets 2014: $6,516,316Liabilities 2014: $19,314Net Assets 2014: $6,497,0022014Assets 2015: $6,235,027Liabilities 2015: $52,4852015Assets 2016: $6,218,150Liabilities 2016: $84,335Net Assets 2016: $6,133,8152016Assets 2017: $5,998,796Liabilities 2017: $103,862Net Assets 2017: $5,894,9342017Assets 2018: $5,816,133Liabilities 2018: $109,863Net Assets 2018: $5,706,2702018Assets 2019: $5,640,286Liabilities 2019: $115,271Net Assets 2019: $5,525,0152019Assets 2020: $5,385,861Liabilities 2020: $149,181Net Assets 2020: $5,236,6802020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2013

Assets$7,722,776
Liabilities$963,404
Net Assets$6,759,372
Open 2013 Filing

Operations Trend

Revenue Growth1st percentile

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

$600M$400M$200M$0-$200MExpenses 2010: $433,144,6462010Revenue 2011: $217,474,246Expenses 2011: $3,149,075Net Income 2011: $214,325,1712011Expenses 2012: $63,253,6342012Revenue 2013: $146,673Expenses 2013: $3,979,729Net Income 2013: -$3,833,0562013Revenue 2014: $84,546Expenses 2014: $353,989Net Income 2014: -$269,4432014Revenue 2015: $113,706Expenses 2015: $326,023Net Income 2015: -$212,3172015Revenue 2016: $178,680Expenses 2016: $323,017Net Income 2016: -$144,3372016Revenue 2017: $71,215Expenses 2017: $310,096Net Income 2017: -$238,8812017Revenue 2018: $98,006Expenses 2018: $286,670Net Income 2018: -$188,6642018Revenue 2019: $145,442Expenses 2019: $326,697Net Income 2019: -$181,2552019Revenue 2020: $76,491Expenses 2020: $364,826Net Income 2020: -$288,3352020Revenue 2021: $132,374Expenses 2021: $5,380,039Net Income 2021: -$5,247,6652021

Highlighted filing

2013

Revenue$146,673
Expenses$3,979,729
Net Income-$3,833,056
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Sep 5, 2014
Return Version
2013v3.0
Gross Receipts
$7,150,386
Mission and Program Overview

Mission

Legacy dmc's mission is to monitor vhs of michigan's compliance with its commitments to the people of michigan arising from the sale of the assets of the detroit medical center in 2010. Legacy dmc also served as the fiduciary for approximately $150 million of donor-restricted charitable assets excluded from the sale.

Legacy dmc's mission is to monitor vhs of michigan's compliance with its commitments to the people of the state of michigan, which were included as conditions to approval of the sale of the assets of the detroit medical center in 2010. In addition to this, legacy dmc served as the fiduciary for the donor-restricted charitable assets excluded from the sale until such time as these assets were transferred to new foundations. At december 31, 2013 substantially all assets had been transferred.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$9,955,941$0▼ $9,955,941
Savings and Temporary Cash Investments$7,920,712$5,222,150▼ $2,698,562
Investments Other Securities$3,459,816$0▼ $3,459,816
Pledges and Grants Receivable$2,920,600$1,979,900▼ $940,700
Accounts Receivable$90,825$66,136▼ $24,689
Cash and Non-Interest-Bearing Accounts$119,969$20,488▼ $99,481
Land, Buildings, and Equipment, Net$2,700$675▼ $2,025
Prepaid Expenses and Deferred Charges$62$0▼ $62
Total Assets$24,767,631$7,722,776▼ $17,044,855
Other Assets Total$297,006$433,427▲ $136,421
Liabilities
Other Liabilities$9,972,014$840,722▼ $9,131,292
Grants Payable$146,536$0▼ $146,536
Accounts Payable and Accrued Expenses$4,076,537$122,682▼ $3,953,855
Total Liabilities$14,195,087$963,404▼ $13,231,683
Net Assets / Fund Balance
Unrestricted Net Assets$4,645,482$4,779,472▲ $133,990
Temporarily Rstr Net Assets$4,955,002$1,979,900▼ $2,975,102
Permanently Rstr Net Assets$972,060$0▼ $972,060
Total Net Assets Fund Balance$10,572,544$6,759,372▼ $3,813,172
Total Liabilities and Net Assets / Fund Balance$24,767,631$7,722,776▼ $17,044,855

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$675$1,575$2,250
Other Assets Org$433,427--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$6,878,857-▲ $727$6,879,584-
2012$34,982,349-▲ $5,137,758$33,129,839$6,990,268
2011$1,747,388$127,750,151-$92,000,000$37,497,539
2010$1,681,804-▲ $218,751$153,167$1,747,388
2009$1,402,562-▲ $308,844$29,602$1,681,804
Compensation and Service Providers
Top Officer Pay66th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Joseph WalshPresidentFT$150,000$150,000

Board Members and Trustees

NameTitle
Richard WidgrenChair
David NicholsonChair - Corp Audit & Compliance
Alan SchwartzVice Chair
Candyce AbbattTrustee
Cynthia FordTrustee
Dr Lorna ThomasTrustee
Eugene GargaroTrustee
Gloria RobinsonTrustee
Herbert Smithermanjr MdTrustee
Honorable Lisa GorcycaTrustee
John Barnwell MdTrustee
Matt FriedmanTrustee
Mike GaravagliaTrustee
Raymond ByersTrustee
Rhonda WelburnTrustee
Terrence BergTrustee
Yale LevinTrustee
Yousif GhafariTrustee
Mary StephensTrustee - Secretary
Anthony FrabottaTrustee - Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$55,876
Program Service Revenue
$0
Investment Income
$90,797
Other Revenue
$0
All Other Contributions
$55,876
Change in Net Assets
$-3,833,056
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,556,790
Other Expenses$262,648
Salaries, Compensation, and Employee Benefits$160,291
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$3,556,790--$3,556,790
Current Officers, Directors, Trustees, and Key Employees$150,000--$150,000
Fees for Services Other$75,979$45,672-$121,651
Fees for Services Legal-$38,562-$38,562
Fees for Services Accounting-$36,156-$36,156
Insurance$26,301--$26,301
Occupancy$18,533--$18,533
Office Expenses$9,435$4-$9,439
Payroll Taxes$9,224--$9,224
Fees for Service Investment Mgmnt Fees-$8,320-$8,320
Depreciation Depletion$675$675-$1,350
Other Employee Benefits$1,067--$1,067
Information Technology$508--$508
Other Expenses$316--$316
Travel$311--$311
Total Functional Expenses$3,850,340$129,389$0$3,979,729
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
38-1417366-501(c)(3)Distribution of Charitable Assets in Accordance With Vanguard Sale Agreement$3,451,231
27-2844407--Support Stroke Recovery Activities$42,966
27-2844407--Partial (jan Thru Aug, 13 Reimbursement of Expenses) Payment of Rim Foundation Grant Supporting the Tribute Fund$35,023
27-2844407--Financial Support to Benefit Patients in Need of Outpatient Medications and Durable Medical Equipment.$20,924
27-2844407--Financial Support to Benefit Patients in Need of Outpatient Medications and Durable Medical Equipment.$6,646
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
Asset Transfer Payable$840,722
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

“Three members of the board are appointed by the mayor of detroit, the wayne county executive and the michigan attorney general.”

Form 990, Part VI, Section B, Line 11

“The organization's form 990 is reviewed by the president and a complete copy is provided to the board of trustees prior to filing with the irs.”

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

“Legacy dmc consistently monitors and enforces compliance with its conflict of interest policy by distributing an annual questionnaire to trustees, officers, and key employees which includes questions related to each policy provision. Responses are thoroughly reviewed by the president and any apparent conflicts are investigated and if a potential conflict situation arises, the president refers the matter to outside counsel.”

Form 990, Part VI, Section C, Line 19

“The filing organization's articles of incorporation are available on the state of michigan website http://www.dleg.state.mi.us/bcs_corp/sr_corp.asp by entering the organization name. The bylaws and conflict of interest policy are available upon request.”

Filing and Contact Details

Filer

EIN
38-2571767
Phone
3135782311

Signing Officer

Name
Joseph Walsh
Title
President
Phone
3135782311
Signed
2014-09-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph Walsh
Formed
1985
Legal Domicile
Mi
Voting Board Members
20
Independent Board Members
20
Employees
0
Volunteers
0

Preparer

Preparer
Lynne Huismann
Phone
2483522500
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The audit process has not changed from prior year.”

Financial Statement Notes

PART V, LINE 4:

“The endowments support endowed positions at wayne state university for the director of the center of molecular studies and genetics and the professorship of emergency medicine and various funds to support research, education and community benefit as designated by the board.”

PART X, LINE 2:

“Accounting principles generally accepted in the united states of america require the organization to evaluate tax positions taken by the organization and recognize a tax liability if the organization has taken an uncertain position that more likely than not would not be sustained upon examination by the irs or other applicable taxing authorities. The organization has analyzed the tax positions taken by the organization and has concluded that as of december 31, 2013, 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 organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The organization believes it is no longer subject to income tax examinations for years prior to 2010.”

PART V, LINE 1A:

“The beginning of year balance for the current year has been restated from the prior year ending balance for an adjustment reported in the financial statements.”

Raw XML AppendixShowing 400 of 626 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/PersonNm13JOHN BARNWELL MD
IRS990/Form990PartVIISectionAGrp/PersonNm14TERRENCE BERG
IRS990/Form990PartVIISectionAGrp/PersonNm15RAYMOND BYERS
IRS990/Form990PartVIISectionAGrp/PersonNm16MATT FRIEDMAN
IRS990/Form990PartVIISectionAGrp/PersonNm17HONORABLE LISA GORCYCA
IRS990/Form990PartVIISectionAGrp/PersonNm18HERBERT SMITHERMANJR MD
IRS990/Form990PartVIISectionAGrp/PersonNm19MARY STEPHENS
IRS990/Form990PartVIISectionAGrp/PersonNm20JOSEPH WALSH
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20150000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIR - CORP AUDIT & COMPLIANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE - TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE - SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt20PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01985
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt035186
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt020
IRS990/GrantAmt03556790
IRS990/GrantsPayableGrp/BOYAmt0146536
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt03556790
IRS990/GrantsToDomesticOrgsGrp/TotalAmt03556790
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt07038899
IRS990/GrossReceiptsAmt07150386
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt020
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt0508
IRS990/InformationTechnologyGrp/TotalAmt0508
IRS990/InsuranceGrp/ProgramServicesAmt026301
IRS990/InsuranceGrp/TotalAmt026301
IRS990/InvestmentIncomeGrp/ExclusionAmt053333
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt055611
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt02278
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt03459816
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt09955941
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt08
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01575
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02700
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0675
IRS990/LandBldgEquipCostOrOtherBssAmt02250
IRS990/LegalDomicileStateCd0MI
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt07003713
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0LEGACY DMC'S MISSION IS TO MONITOR VHS OF MICHIGAN'S COMPLIANCE WITH ITS COMMITMENTS TO THE PEOPLE OF MICHIGAN ARISING FROM THE SALE OF THE ASSETS OF THE DETROIT MEDICAL CENTER IN 2010. LEGACY DMC ALSO SERVED AS THE FIDUCIARY FOR APPROXIMATELY $150 MILLION OF DONOR-RESTRICTED CHARITABLE ASSETS EXCLUDED FROM THE SALE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt010572544
IRS990/NetAssetsOrFundBalancesEOYAmt06759372
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt035186
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt035186
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt018533
IRS990/OccupancyGrp/TotalAmt018533
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04
IRS990/OfficeExpensesGrp/ProgramServicesAmt09435
IRS990/OfficeExpensesGrp/TotalAmt09439
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0297006
IRS990/OtherAssetsTotalGrp/EOYAmt0433427
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01067
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01067
IRS990/OtherExpensesGrp/Desc0CATERING AND MEALS
IRS990/OtherExpensesGrp/Desc1OTHER EMPLOYEE EXPENSES
IRS990/OtherExpensesGrp/ProgramServicesAmt01201
IRS990/OtherExpensesGrp/ProgramServicesAmt1316
IRS990/OtherExpensesGrp/TotalAmt01201
IRS990/OtherExpensesGrp/TotalAmt1316
IRS990/OtherLiabilitiesGrp/BOYAmt09972014
IRS990/OtherLiabilitiesGrp/EOYAmt0840722
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt09224
IRS990/PayrollTaxesGrp/TotalAmt09224
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0972060
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt02920600
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01979900
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt062
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0JOSEPH WALSH
IRS990/PriorPeriodAdjustmentsAmt019884
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0SUPPORT SERVICES PROVIDED TO ORGANIZATIONS LISTED ON SCHEDULE A, AND MONITORING RELATED TO VHS OF MICHIGAN'S COMPLIANCE WITH COMMITMENTS FROM SALE OF ASSETS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0293550
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02547411
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt061678608
IRS990/PYInvestmentIncomeAmt07205026
IRS990/PYOtherExpensesAmt0897216
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-53501197
IRS990/PYSalariesCompEmpBnftPaidAmt0677810
IRS990/PYTotalExpensesAmt063253634
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt09752437
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-3833056
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt07920712
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05222150
IRS990ScheduleA/CertificationInd0X
IRS990ScheduleA/Contribution35ControlledInd00
IRS990ScheduleA/ContributionControllerInd00
IRS990ScheduleA/ContributionFamilyInd00
IRS990ScheduleA/SupportedOrganizationsTotalCnt02
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0381417366
IRS990ScheduleA/SupportedOrgInformationGrp/EIN1273529154
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd11
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc07
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc17
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt03451231
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine10REHABILITATION INSTITUTE OF MICHIGAN FOUNDATION
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine11DMC FOUNDATION
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrgNotifiedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrgNotifiedInd11
IRS990ScheduleA/SupportedOrgInformationGrp/USOrganizedInd01

Document Assets

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Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,722,776
Liabilities
$963,404
Net assets
$6,759,372
Revenue
$146,673
Expenses
$3,979,729
Net income
-$3,833,056
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.13$5.38$5.25
2020Detailed filing. Detailed filing data is available for this year.$5.39$0.15$5.24$0.08$0.36$0.29
2019Detailed filing. Detailed filing data is available for this year.$5.64$0.12$5.53$0.15$0.33$0.18
2018Detailed filing. Detailed filing data is available for this year.$5.82$0.11$5.71$0.10$0.29$0.19
2017Detailed filing. Detailed filing data is available for this year.$6.00$0.10$5.89$0.07$0.31$0.24
2016Detailed filing. Detailed filing data is available for this year.$6.22$0.08$6.13$0.18$0.32$0.14
2015Summary only. Only limited summary data is available for this year.$6.24$0.05$0.11$0.33$0.21
2014Detailed filing. Detailed filing data is available for this year.$6.52$0.02$6.50$0.08$0.35$0.27
2013Detailed filing. Detailed filing data is available for this year.$7.72$0.96$6.76$0.15$3.98$3.83
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.8$14.2$10.6$63.3
2011Summary only. Only limited summary data is available for this year.$68.8$4.53$64.3$217$3.15$214
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$218$332$115$433