IRS Form 990 · EIN 38-2549505

Corewell Health

Grand Rapids, MI 49503-2041 · Tax year 2022

$12.1M

Total revenue

$18.0M

Total expenses

$-5.9M

Net income

-49.1%

Operating margin

Financial summary

Compared to 41 organizations with NTEE E21 in MI

Avg revenue (peers)

$753.6M

This org:$12.1M

Avg net income (peers)

$2.5M

This org:$-5.9M

Avg top exec comp (peers)

$255K

This org (highest):$343K

8 officers + key employees from the most recent Schedule J filing (FY2020; the financial summary above is FY2022)

Name	Title	Hours/wk	Base comp	Total comp
Margaret Lightner	President & Secretary	48	$197K	$343K
Patience C Ukachukwu	Clinical Nurse LTC	50	$162K	$178K
Denise Bailey	Director of Nursing LTC	50	$111K	$164K
Julie Kaslly	Admin Skilled Nursing LTC	50	$145K	$156K
Latonya Crump	LPN Coordinator LTC	50	$117K	$151K
Diane Beri	Associate Administrator LTC	50	$120K	$150K
Maria Miller	Treasurer	2	—	—
Susan Grant	Chairperson	2	—	—

Revenue and net income trend across all available filings

RevenueNet income

Year	Revenue	Expenses	Net income	Assets
2024	—	—	—	—
2023	—	—	—	—
2022	$12.1M	$18.0M	$-5.9M	$27.4M
2021	$13.4M	$18.1M	$-662	$28.9M
2020	$16.7M	$19.9M	$4K	$28.6M
2019	$21.7M	$23.9M	$-2.2M	$28.4M
2018	$19.2M	$22.7M	$-3.5M	$25.2M
2017	$19.9M	$21.7M	$-1.8M	$23.8M
2016	$20.0M	$20.7M	$-660K	$21.1M
2015	$20.7M	$20.5M	$16K	$21.1M

This organization appears to be a hospital. Explore additional data sources: