What is Corewell Health's total revenue?

Corewell Health reported total revenue of $2.93B for tax year 2021 on its IRS Form 990, against $2.82B in total expenses and $252K in net income.

What are Corewell Health's total assets?

Corewell Health reported total assets of $4.48B and net assets of $2.39B on its FY2021 IRS Form 990.

Where can I find Corewell Health's IRS Form 990?

Corewell Health files IRS Form 990 annually under EIN 38-1459362. The financial summary, executive compensation, and community benefit data are shown on this page; the original filing is also available directly from the IRS.

IRS Form 990 · EIN 38-1459362

Corewell Health

Grand Rapids, MI 49503-2041 · Tax year 2021

NTEE E21Original filing PDF →

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$2.93B

Total revenue

$2.82B

Total expenses

$252K

Net income

0.0%

Operating margin

Financial summary

Total revenue: $2.93B
Contributions + grants: $68.6M
Program service revenue: $2.57B
Total expenses: $2.82B
Program expenses: —
Administrative expenses: —
Fundraising expenses: —
Net income: $252K
Total assets: $4.48B
Total liabilities: $2.08B
Net assets: $2.39B

Peer comparison

Compared to 41 organizations with NTEE E21 in MI

Avg revenue (peers)

$682.4M

This org:$2.93B

Avg net income (peers)

$2.3M

This org:$252K

Avg top exec comp (peers)

$255K

This org (highest):$6.4M

Executive compensation (FY2020)

33 officers + key employees from the most recent Schedule J filing (FY2020; the financial summary above is FY2021)

Name	Title	Hours/wk	Base comp	Total comp
John Fox	President & CEO	2	$1.6M	$6.4M
Kongkrit Chaiyasate	Plastic Reconstructive Surgeon	50	$1.9M	$2.2M
Carolyn Wilson	EVP & Chief Operating Officer	50	$993K	$2.0M
David Wood MD	Director	2	$718K	$1.6M
John Kerndl	EVP & Chief Financial Officer	2	$705K	$1.5M
Mohamad Rasm Alsibae	Transplant Hepatology Surgeon	50	$601K	$1.3M
Mohammad Chisti	Physician	50	$789K	$1.2M
Matthew Trunsky	Director PCU	50	$568K	$1.1M
Susan Grant	EVP & Chief Nursing Officer	50	$558K	$1.1M
Nancy Susick	President Royal Oak	50	$532K	$1.1M
Stephen Galens	Director Telemetry Unit	50	$575K	$1.1M
Samuel Flanders MD	SVP/Chief Qual. & Safety Off	50	$551K	$1.1M
Aaron Gillingham End 120	SVP, Chief HR Off., CIO	50	$461K	$960K
James Lynch MD	President-Grosse Pointe & Troy	50	$472K	$904K
Barbara Ducatman	CMO - Royal Oak (Start 4/20)	50	$620K	$846K
Hans Keil	SVP & CIO (Start 1/20)	50	$357K	$752K
Nicholas Gilpin	CMO - Grosse Pointe	50	$317K	$498K
Leslie Rocher	CMO - Royal Oak (End 4/20)	50	$122K	$457K
Michael Khoury	CMO - Troy	50	$240K	$326K
John Lewis	Chairman	2	—	—
Gerson Cooper	Director	2	—	—
Geoffrey Hockman	Director	2	—	—
Christopher Blake	Director	2	—	—
John Nemes	Secretary / Treasurer	2	—	—
Robert Williams MD	Director	2	—	—

10-year history

Revenue and net income trend across all available filings

RevenueNet income

Year	Revenue	Expenses	Net income	Assets
2024	—	—	—	—
2023	—	—	—	—
2021	$2.93B	$2.82B	$252K	$4.48B
2020	$2.80B	$2.61B	$1.8M	$4.96B
2019	$2.87B	$2.67B	$1.1M	$4.10B
2018	$2.96B	$2.74B	$-515K	$4.28B
2017	$2.92B	$2.84B	$34.9M	$4.04B
2016	$2.71B	$2.57B	$7.1M	$3.39B
2015	$2.55B	$2.48B	$-1.1M	$2.93B
2014	$2.49B	$2.47B	$14.2M	$2.72B

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