What is Corewell Health's total revenue?

Corewell Health reported total revenue of $17.5M for tax year 2022 on its IRS Form 990, against $21.1M in total expenses.

What are Corewell Health's total assets?

Corewell Health reported total assets of $120.9M and net assets of $55.4M on its FY2022 IRS Form 990.

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

Corewell Health files IRS Form 990 annually under EIN 38-2601965. 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 38-2601965

Corewell Health

Grand Rapids, MI 49503-2041 · Tax year 2022

NTEE E21Original filing PDF →

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$17.5M

Total revenue

$21.1M

Total expenses

—

Net income

—

Operating margin

Financial summary

Total revenue: $17.5M
Contributions + grants: $107K
Program service revenue: $16.5M
Total expenses: $21.1M
Program expenses: —
Administrative expenses: —
Fundraising expenses: —
Net income: —
Total assets: $120.9M
Total liabilities: $65.5M
Net assets: $55.4M

Peer comparison

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:—

Avg top exec comp (peers)

$255K

This org (highest):$34K

Executive compensation (FY2020)

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	—	—

10-year history

Revenue and net income trend across all available filings

RevenueNet income

Year	Revenue	Expenses	Net income	Assets
2022	$17.5M	$21.1M	—	$120.9M
2021	$23.7M	$22.9M	—	$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

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