What is Grace Health Inc's total revenue?

Grace Health Inc reported total revenue of $50.3M for tax year 2023 on its IRS Form 990, against $47.5M in total expenses and $2.8M in net income.

What are Grace Health Inc's total assets?

Grace Health Inc reported total assets of $47.6M and net assets of $43.2M on its FY2023 IRS Form 990.

Where can I find Grace Health Inc's IRS Form 990?

Grace Health Inc files IRS Form 990 annually under EIN 38-2679075. 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 38-2679075

Grace Health Inc

Battle Creek, MI 49037-2963 · Tax year 2023

NTEE E32Community ClinicOriginal filing PDF →

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$50.3M

Total revenue

$47.5M

Total expenses

$2.8M

Net income

5.6%

Operating margin

Financial summary

Total revenue: $50.3M
Contributions + grants: $9.1M
Program service revenue: $40.9M
Total expenses: $47.5M
Program expenses: —
Administrative expenses: —
Fundraising expenses: —
Net income: $2.8M
Total assets: $47.6M
Total liabilities: $4.4M
Net assets: $43.2M

Peer comparison

Compared to 9 organizations with NTEE E32 in MI

Avg revenue (peers)

$32.9M

This org:$50.3M

Avg net income (peers)

$-5.6M

This org:$2.8M

Avg top exec comp (peers)

$290K

This org (highest):$412K

Executive compensation (FY2024)

20 officers + key employees from the most recent Schedule J filing (FY2024; the financial summary above is FY2023)

Name	Title	Hours/wk	Base comp	Total comp
PETER CHANG	PRESIDENT/CEO	40	$373K	$412K
BENDAN COLLINS	PHYSICIAN	32	$264K	$289K
BARBARA SCHAFFHAUSER	PHYSICIAN	40	$229K	$247K
NITAL MURTHI	PHYSICIAN	40	$217K	$236K
BRIAN HUTCHINGS	VICE PRESIDENT/CFO	40	$196K	$230K
SONJA ELDER	VICE PRESIDENT/CIO	40	$202K	$222K
ELIZABETH METTLER	PHYSICIAN	30	$192K	$222K
JILL WISE	VICE PRESIDENT/COO	40	$184K	$218K
NICOLE SALERNO-FETTERHOFF	PHYSICIAN	40	$194K	$205K
BETTY RUMSCHLAG	VICE PRESIDENT/CMO	40	$148K	$162K
DEAN NEWSOME	BOARD CHAIR	5	—	—
BRIDGETTE JONES	DIRECTOR	5	—	—
YANIRA FLORES	DIRECTOR	5	—	—
JAMES REED	SECRETARY	5	—	—
ANN GALLAGHER	TREASURER	5	—	—
THA PAR	DIRECTOR	5	—	—
TIMOTHY KOOL	VICE CHAIR	5	—	—
LATOSHA POTTER	DIRECTOR	5	—	—
KATHERINE SEGAL	DIRECTOR	5	—	—
SHANNON BAGLEY	DIRECTOR	5	—	—

10-year history

Revenue and net income trend across all available filings

RevenueNet income

Year	Revenue	Expenses	Net income	Assets
2024	—	—	—	—
2023	$50.3M	$47.5M	$2.8M	$47.6M
2022	$40.5M	$36.9M	$3.6M	$42.0M
2021	$38.1M	$35.6M	$6K	$41.4M
2020	$36.2M	$31.3M	$8K	$37.4M
2019	$34.4M	$30.6M	$578K	$31.4M
2018	$28.8M	$29.5M	$-52K	$29.2M
2017	$28.7M	$28.3M	$427K	$29.4M
2016	$27.7M	$27.2M	$3K	$29.2M
2015	$26.4M	$24.8M	$6K	$28.7M

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