Civic Intelligence

Huron Memorial Foundation

990 • Fiscal year 2011 • EIN 38-2717147

Oct 01, 2010 to Sep 30, 2011 • Filed on Aug 14, 2012

1100 S Van Dyke48413-9615
Siviq Scores

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

Liabilities / Assets

75th percentile

0.35x

Higher debt load relative to assets than 75% of similar nonprofits.

2011 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

69th percentile

9.2%

Faster asset growth than 69% of similar nonprofits.

2011 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$732,227

Up $61,577 (+9.2%) from 2010

Net Assets

Down

$478,563

Down $192,062 (-29%) from 2010

Liabilities

Up

$253,664

Up $253,639 (+1014556%) from 2010

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$256,222

Up $250,903 (+4717%) from 2010

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $670,650Liabilities 2010: $25Net Assets 2010: $670,6252010Assets 2011: $732,227Liabilities 2011: $253,664Net Assets 2011: $478,5632011Assets 2012: $339,906Liabilities 2012: $3,550Net Assets 2012: $336,3562012Assets 2013: $389,566Liabilities 2013: $4,107Net Assets 2013: $385,4592013Assets 2014: $430,696Liabilities 2014: $818Net Assets 2014: $429,8782014Assets 2015: $489,575Liabilities 2015: $3,205Net Assets 2015: $486,3702015Assets 2016: $512,812Liabilities 2016: $0Net Assets 2016: $512,8122016Assets 2017: $600,459Liabilities 2017: $3,725Net Assets 2017: $596,7342017Assets 2018: $629,525Liabilities 2018: $9,980Net Assets 2018: $619,5452018Assets 2019: $401,143Liabilities 2019: $0Net Assets 2019: $401,1432019Assets 2020: $440,412Liabilities 2020: $156,063Net Assets 2020: $284,3492020Assets 2021: $1,304,620Liabilities 2021: $0Net Assets 2021: $1,304,6202021Assets 2022: $1,327,808Liabilities 2022: $0Net Assets 2022: $1,327,8082022Assets 2023: $347,477Liabilities 2023: $0Net Assets 2023: $347,4772023Assets 2024: $357,430Liabilities 2024: $0Net Assets 2024: $357,4302024

Highlighted filing

2011

Assets$732,227
Liabilities$253,664
Net Assets$478,563

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2010: $62,013Expenses 2010: $5,319Net Income 2010: $56,6942010Expenses 2011: $256,2222011Revenue 2012: $64,429Expenses 2012: $206,636Net Income 2012: -$142,2072012Revenue 2013: $59,525Expenses 2013: $10,422Net Income 2013: $49,1032013Revenue 2014: $85,388Expenses 2014: $40,969Net Income 2014: $44,4192014Revenue 2015: $66,643Expenses 2015: $10,151Net Income 2015: $56,4922015Revenue 2016: $60,963Expenses 2016: $34,521Net Income 2016: $26,4422016Revenue 2017: $83,922Expenses 2017: $0Net Income 2017: $83,9222017Revenue 2018: $67,349Expenses 2018: $44,538Net Income 2018: $22,8112018Revenue 2019: $39,030Expenses 2019: $253,268Net Income 2019: -$214,2382019Revenue 2020: $77,118Expenses 2020: $193,912Net Income 2020: -$116,7942020Revenue 2021: $1,024,383Expenses 2021: $4,112Net Income 2021: $1,020,2712021Revenue 2022: $29,274Expenses 2022: $6,086Net Income 2022: $23,1882022Revenue 2023: $27,739Expenses 2023: $1,120Net Income 2023: $26,6192023Revenue 2024: $12,272Expenses 2024: $2,319Net Income 2024: $9,9532024

Highlighted filing

2011

Revenue-
Expenses$256,222
Net Income-
Jump To
Filing Snapshot
Filing Period
Oct 1, 2010 to Sep 30, 2011
Signed
Aug 14, 2012
Return Version
2010v3.4
Gross Receipts
$84,895
Mission and Program Overview

Mission

To help mclaren thumb region obtain financial resources to provide excellence in patient care and services.

Filing and Contact Details

Filer

EIN
38-2717147
Raw XML AppendixShowing 400 of 489 raw XML fields

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IRS990ScheduleI/Form990ScheduleIPartIV/Explanation0SCHEDULE I, PART I, LINE 2: HURON MEMORIAL FOUNDATION, "THE FOUNDATION," RAISES FUNDS AND ACCEPTS DONATIONS TO BE USED FOR NEEDS RELATED TO HURON MEDICAL CENTER, "THE HOSPITAL." AS THESE NEEDS ARISE THEY ARE BROUGHT TO THE BOARD, WHERE IT IS DECIDED HOW MUCH WILL BE DONATED TO THE HOSPITAL. THE FUNDS ARE THEN DISBURSED AND RECORDED WITHIN THE FOUNDATION'S BOOKS.
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IRS990ScheduleJ/Form990ScheduleJPartIII/Explanation0SCHEDULE J, PART I THIS ENTITY RELIED ON A RELATED ORGANIZATION THAT USED THE FOLLOWING METHODS TO ESTABLISH COMPENSATION FOR OFFICERS AND DIRECTORS: 1. COMPENSATION STUDY 2. APPROVAL OF THE BOARD ANNUALLY APPROVING COMPENSATION AMOUNTS 3. WRITTEN EMPLOYMENT CONTRACT
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IRS990ScheduleO/GeneralExplanation/Explanation0FORM 990 IS REVIEWED BY THE ACCOUNTING DEPARTMENT AND THE CFO FOR COMPLETENESS AND ACCURACY. THE RETURN IS SENT TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AFTER THE RETURN IS FILED.
IRS990ScheduleO/GeneralExplanation/Explanation1THE COMPLIANCE OFFICER GATHERS CONFLICT OF INTEREST FORMS WITH SIGNATURES. A REPORT OF THE RESULTS IS PREPARED. THE REPORT IS GIVEN TO THE BOARD OF TRUSTEES FOR REVIEW AND DETERMINATION OF POTENTIAL CONFLICTS OF INTEREST. THIS INFORMATION IS COLLECTED FROM ALL BOARD MEMBERS AND OFFICERS. ANY INDIVIDUAL WITH A CONFLICT IS EXCUSED FROM VOTING AND DISCUSSION PERTINENT TO THE CONFLICTED TRANSACTION OR MATTER. THE CONFLICT OF INTEREST POLICY COVERS ALL BOARD MEMBERS, OFFICERS AND EMPLOYEES.
IRS990ScheduleO/GeneralExplanation/Explanation2WAGE INFORMATION FROM TRADE GROUPS IS USED TO ESTABLISH BENCHMARKS FOR APPROPRIATE COMPENSATION LEVELS. THE COMPENSATION OF THE CHIEF EXECUTIVE OFFICER IS ANALYZED ANNUALLY BY THE BOARD OF DIRECTORS. THE BOARD REVIEWS THE STATED GOALS FOR THE YEAR AND DETERMINES IF SUCH GOALS HAVE BEEN MET AND DETERMINES THE AMOUNT OF A COMPENSATION INCREASE OR BONUS, IF ANY. OTHER EXECUTIVE COMPENSATION IS APPROVED BY THE CEO AS AUTHORIZED BY THE BOARD AND IS BASED ON EXECUTIVE COMPENSATION SURVEYS COMPLETED BY HUMAN RESOURCES. THIS PROCESS WAS LAST UNDERTAKEN IN 2010.
IRS990ScheduleO/GeneralExplanation/Explanation3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation4FORM 990 PART VII: THE FOLLOWING OFFICERS AND DIRECTORS HAVE WORKED FOR RELATED ORGANIZATIONS. THESE INDIVIDUALS ARE AS FOLLOWS: OFFICERS/DIRECTORS AVG HRS/WEEK EMPLOYED BY RELATED ENTITY ---------------------------------------------------------------------- JANET STERNBERG 40.00 HURON MEMORIAL HOSPITAL JEFFERY LONGBRAKE 40.00 HURON MEMORIAL HOPSITAL
IRS990ScheduleO/GeneralExplanation/Explanation5THE PROCESS FOR SELECTION AND OVERSIGHT HAS NOT CHANGED FROM THE PROCESS USED IN PRIOR YEARS.
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IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State0MI
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State1MI
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode048413
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode148413
IRS990ScheduleR/Form990ScheduleRPartII/ControlledOrg01
IRS990ScheduleR/Form990ScheduleRPartII/ControlledOrg10
IRS990ScheduleR/Form990ScheduleRPartII/DirectControllingEntityNA0N/A
IRS990ScheduleR/Form990ScheduleRPartII/DirectControllingEntityName/BusinessNameLine10HURON MEMORIAL HEALTHCARE CORPORATION
IRS990ScheduleR/Form990ScheduleRPartII/EIN0381474929
IRS990ScheduleR/Form990ScheduleRPartII/EIN1382717146
IRS990ScheduleR/Form990ScheduleRPartII/ExemptCodeSection0501(C)(3)
IRS990ScheduleR/Form990ScheduleRPartII/ExemptCodeSection1501(C)(3)
IRS990ScheduleR/Form990ScheduleRPartIII/AddressUS/AddressLine10125 N HANSELMAN ST
IRS990ScheduleR/Form990ScheduleRPartIII/AddressUS/AddressLine11125 N HANSELMAN ST
IRS990ScheduleR/Form990ScheduleRPartIII/AddressUS/City0BAD AXE
IRS990ScheduleR/Form990ScheduleRPartIII/AddressUS/City1BAD AXE
IRS990ScheduleR/Form990ScheduleRPartIII/AddressUS/State0MI
IRS990ScheduleR/Form990ScheduleRPartIII/AddressUS/State1MI
IRS990ScheduleR/Form990ScheduleRPartIII/AddressUS/ZIPCode048413
IRS990ScheduleR/Form990ScheduleRPartIII/AddressUS/ZIPCode148413
IRS990ScheduleR/Form990ScheduleRPartIII/DirectControllingEntityNA0N/A
IRS990ScheduleR/Form990ScheduleRPartIII/DirectControllingEntityNA1N/A
IRS990ScheduleR/Form990ScheduleRPartIII/EIN0412144341
IRS990ScheduleR/Form990ScheduleRPartIII/EIN1383372174
IRS990ScheduleR/Form990ScheduleRPartIII/LegalDomicileState0MI
IRS990ScheduleR/Form990ScheduleRPartIII/LegalDomicileState1MI
IRS990ScheduleR/Form990ScheduleRPartIII/NameOfRelatedOrg/BusinessNameLine10HURON CLINIC CONDOMINIUMS OWNERS
IRS990ScheduleR/Form990ScheduleRPartIII/NameOfRelatedOrg/BusinessNameLine11SOUTH VAN DYKE MEDICAL COMPLEX-A
IRS990ScheduleR/Form990ScheduleRPartIII/PrimaryActivity0VARIOUS HEALTHCARE ACTIVITIES
IRS990ScheduleR/Form990ScheduleRPartIII/PrimaryActivity1VARIOUS HEALTHCARE ACTIVITIES
IRS990ScheduleR/Form990ScheduleRPartII/LegalDomicileState0MI
IRS990ScheduleR/Form990ScheduleRPartII/LegalDomicileState1MI
IRS990ScheduleR/Form990ScheduleRPartII/NameOfDisregardedEntity/BusinessNameLine10HURON MEMORIAL HOSPITAL DBA HURON MEDICAL CENTER
IRS990ScheduleR/Form990ScheduleRPartII/NameOfDisregardedEntity/BusinessNameLine11HURON MEMORIAL HEALTHCARE CORPORATION
IRS990ScheduleR/Form990ScheduleRPartII/PrimaryActivities0HOSPITAL
IRS990ScheduleR/Form990ScheduleRPartII/PrimaryActivities1MANAGEMENT
IRS990ScheduleR/Form990ScheduleRPartII/PublicCharityStatus0LINE 3
IRS990ScheduleR/Form990ScheduleRPartII/PublicCharityStatus1LINE 11B, II
IRS990ScheduleR/GiftGrantOrCapContrFrOtherOrg00
IRS990ScheduleR/GiftGrantOrCapContrToOtherOrg01
IRS990ScheduleR/LoansOrGuaranteesFromOtherOrg00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrg00
IRS990ScheduleR/OtherTransferFromOtherOrg00
IRS990ScheduleR/OtherTransferToOtherOrg00
IRS990ScheduleR/PerformOfServicesByOtherOrgs00
IRS990ScheduleR/PerformOfServicesForOtherOrgs00
IRS990ScheduleR/PurchaseOfAssetsFromOtherOrg00
IRS990ScheduleR/ReceiptOfIntAnnRentsRoyalties00
IRS990ScheduleR/ReimbursementPaidByOtherOrg00
IRS990ScheduleR/ReimbursementPaidToOtherOrg00
IRS990ScheduleR/RentalOfFacilitiesFrOtherOrgs00
IRS990ScheduleR/RentalOfFacilitiesToOtherOrgs00
IRS990ScheduleR/SaleOfAssetsToOtherOrg00
IRS990ScheduleR/SharingOfFacilities01
IRS990ScheduleR/SharingOfPaidEmployees01
IRS990ScheduleR/TransactionsRelatedOrgsTable/AmountInvolved0250000
IRS990ScheduleR/TransactionsRelatedOrgsTable/MethodOfAmtDetermination0ACTUAL AMOUNT INCURRED

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.36$0.00$0.36$0.01$0.00$0.01
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.35$0.00$0.35$0.03$0.00$0.03
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.33$0.00$1.33$0.03$0.01$0.02
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.30$0.00$1.30$1.02$0.00$1.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.44$0.16$0.28$0.08$0.19$0.12
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.40$0.00$0.40$0.04$0.25$0.21
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.63$0.01$0.62$0.07$0.04$0.02
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.00$0.60$0.08$0.00$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.51$0.00$0.51$0.06$0.03$0.03
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$0.00$0.49$0.07$0.01$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.43$0.00$0.43$0.09$0.04$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.39$0.00$0.39$0.06$0.01$0.05
2012Summary only. Only limited summary data is available for this year.$0.34$0.00$0.34$0.06$0.21$0.14
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.73$0.25$0.48$0.26
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$0.00$0.67$0.06$0.01$0.06