IRS Form 990 · EIN 74-2517055

Schoolcraft Memorial Hospital

Manistique, MI 49854-0000 · Tax year 2023

NTEE E20Hospital

$56.2M

Total revenue

$56.9M

Total expenses

$26K

Net income

0.0%

Operating margin

Financial summary

Hospital-specific data — what the org reports to defend tax-exempt status

Compared to 9 organizations with NTEE E20 in MI

Avg revenue (peers)

$71.3M

This org:$56.2M

Avg net income (peers)

$230K

This org:$26K

Avg top exec comp (peers)

$251K

This org (highest):—

17 officers + key employees reported on Schedule J

Name	Title	Hours/wk	Base comp	Total comp
Kyle Randall	Orthopedic Surgeon	40	$705K	$720K
David Schoenow	ER Physician	40	$551K	$598K
Gregory Bamabach	General Surgeon	40	$536K	$572K
Christon Dums	Family Medicine	40	$520K	$541K
Nicholas Hoeve	Cardiologist	40	$506K	$540K
Mark Rayner	Trustee/Otolaryngologist	41	$462K	$498K
Kristi Kusnier	Trustee/Family Medicine	41	$351K	$365K
Andrew Bertapelle	CEO	40	$210K	$243K
Eric Price	CFO (as of Jan 3, 2023)	40	$186K	$197K
Laura Steffen	Interim CFO (thru Jan 2, 2023)	40	$121K	$137K
Peter Hood	Chair	3	$2K	$2K
Kevin Knaffla	Treasurer	1	$2K	$2K
Cindy Olli	Secretary	1	$960	$960
James Blanchard	Vice Chair	2	$960	$960
Dennis Wiethoff	Trustee	1	$900	$900
Howard Parmentier	Trustee	1	$690	$690
Ryan Fausett	Trustee	1	—	—

Tax year	Total revenue	Total expenses	Net income	Total assets
2023	$56.2M	$56.9M	$26K	$49.9M
2022	$49.7M	$50.5M	$9K	$44.0M
2021	$51.7M	$48.0M	$1K	$44.1M
2020	$43.9M	$43.0M	$941K	$40.6M
2019	$38.8M	$39.8M	$21K	$34.5M
2018	$40.4M	$39.4M	$2K	$32.5M
2017	$36.9M	$34.7M	$19K	$31.1M
2016	$30.4M	$30.9M	$-482K	$30.4M
2015	$28.5M	$29.3M	$1K	$30.8M
2014	$27.6M	$28.0M	$279K	$29.7M

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