What is Schoolcraft Memorial Hospital's total revenue?

Schoolcraft Memorial Hospital reported total revenue of $56.2M for tax year 2023 on its IRS Form 990, against $56.9M in total expenses and $26K in net income.

What are Schoolcraft Memorial Hospital's total assets?

Schoolcraft Memorial Hospital reported total assets of $49.9M and net assets of $4.3M on its FY2023 IRS Form 990.

Where can I find Schoolcraft Memorial Hospital's IRS Form 990?

Schoolcraft Memorial Hospital files IRS Form 990 annually under EIN 74-2517055. 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 74-2517055

Schoolcraft Memorial Hospital

Manistique, MI 49854-0000 · Tax year 2023

NTEE E20Original filing PDF →

▸ Export (CSV / Excel) with Pro

$56.2M

Total revenue

$56.9M

Total expenses

$26K

Net income

0.0%

Operating margin

Financial summary

Total revenue: $56.2M
Contributions + grants: $399K
Program service revenue: $55.1M
Total expenses: $56.9M
Program expenses: —
Administrative expenses: —
Fundraising expenses: —
Net income: $26K
Total assets: $49.9M
Total liabilities: $45.5M
Net assets: $4.3M

Peer comparison

Compared to 12 organizations with NTEE E20 in MI

Avg revenue (peers)

$126.7M

This org:$56.2M

Avg net income (peers)

$561K

This org:$26K

Avg top exec comp (peers)

$336K

This org (highest):$720K

Executive compensation (FY2023)

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	—	—

10-year history

Revenue and net income trend across all available filings

RevenueNet income

Year	Revenue	Expenses	Net income	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	—	$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	—	$30.4M
2015	$28.5M	$29.3M	$1K	$30.8M
2014	$27.6M	$28.0M	$279K	$29.7M

Related data

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

HCRIS.io

Medicare cost reports, margins, utilization

PriceTransparency.io

Published negotiated rates, payer mix, compliance

Stetho.io

SNF, HHA, hospice, dialysis cost reports + ownership

CareLens

CMS quality ratings, inspections, staffing