IRS Form 990 · EIN 38-2601965

Corewell Health

Grand Rapids, MI 49503-2041 · Tax year 2022

$17.5M

Total revenue

$21.1M

Total expenses

$-3.6M

Net income

-20.4%

Operating margin

Financial summary

Compared to 41 organizations with NTEE E21 in MI

Avg revenue (peers)

$753.4M

This org:$17.5M

Avg net income (peers)

$2.4M

This org:$-3.6M

Avg top exec comp (peers)

$255K

This org (highest):$34K

9 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
Regina Lynn Graves-Hinton	Director Nursing LTC	50	—	$34K
Latricia M Lambert	Nurse Manager LTC	50	—	$29K
Catherine M Grundy	Nurse Manager LTC	50	—	$15K
Marceline Weshalek	Dir. Finance Operations LTC	50	—	$9K
Susan Grant	Chairperson	2	—	—
Paul LaCasse	Former Officer	0	—	—
Margaret Lightner	President & Secretary	2	—	—
Maria Miller	Treasurer	2	—	—
Linda Susan Nickerson	Sr. Dir. - Residential Svc LTC	50	—	—

Revenue and net income trend across all available filings

RevenueNet income

Year	Revenue	Expenses	Net income	Assets
2022	$17.5M	$21.1M	$-3.6M	$120.9M
2021	$23.7M	$22.9M	$783K	$135.0M
2020	$28.0M	$26.0M	$6K	$134.0M
2019	$34.3M	$33.2M	$3K	$109.1M
2018	$32.1M	$33.1M	$500	$101.6M
2017	$37.2M	$33.6M	$-9K	$104.6M
2016	$38.2M	$33.3M	$-288K	$97.3M
2015	$35.7M	$32.6M	$1.2M	$94.0M
2014	$37.4M	$33.3M	$1.9M	$93.5M
2013	$35.9M	$32.6M	$1.5M	$90.5M

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