Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $348,589

• 2a · Program service revenue: NET PATIENT SERVICE REVENUE

  total $83,089,931 · related or exempt $83,089,931

• 2b · Program service revenue: BAD DEBT PATIENT REVENUE

  total -$2,406,148 · related or exempt -$2,406,148

• 3 · Investment income

  total $1,692,972 · excluded $1,692,972

• 6a · Gross rents

  real property $315,070

• 6c · Rental income or loss

  real property $315,070

• 6d · Net rental income or loss

  total $315,070 · excluded $315,070

• 10a · Gross sales of inventory

  $35,326

• 10b · Cost of goods sold

  $8,858

• 10c · Net income from sales of inventory

  total $26,468 · excluded $26,468

• 11a · Other revenue: ALL OTHER REVENUE

  total $2,365,935 · excluded $2,365,935

• 11b · Other revenue: 340B PHARMACY REVENUE

  total $761,167 · excluded $761,167

• 11c · Other revenue: QUALITY INCENTIVE REVENUES

  total $148,649 · excluded $148,649

• 11d · All other revenue

  total $58,938 · excluded $58,938

• 11e · Other revenue, total

  $3,334,689

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $250,589 · management and general $250,589

• 7 · Other salaries and wages

  total $32,387,383 · program services $30,540,279 · management and general $1,847,104

• 8 · Pension plan contributions

  total $1,454,196 · program services $1,360,691 · management and general $93,505

• 9 · Other employee benefits

  total $2,669,346 · program services $2,497,707 · management and general $171,639

• 10 · Payroll taxes

  total $1,899,386 · program services $1,794,382 · management and general $105,004

• 11g · Fees: other

  total $3,350,466 · program services $3,321,895 · management and general $28,571

• 12 · Advertising and promotion

  total $59,219 · program services $12,498 · management and general $46,721

• 13 · Office expenses

  total $133,508 · program services $95,866 · management and general $37,642

• 16 · Occupancy

  total $1,625,406 · program services $1,500,939 · management and general $124,467

• 19 · Conferences, conventions and meetings

  total $168,893 · program services $160,066 · management and general $8,827

• 20 · Interest

  total $437,173 · program services $32,627 · management and general $404,546

• 22 · Depreciation, depletion and amortization

  total $4,071,613 · management and general $4,071,613

• 23 · Insurance

  total $347,151 · management and general $347,151

• 24a · Other expenses: SUPPLIES

  total $10,016,689 · program services $9,922,413 · management and general $94,276

• 24b · Other expenses: PURCHASED SERVICES

  total $6,374,790 · program services $922,151 · management and general $5,452,639

• 24c · Other expenses: RENT, REPAIR, AND MAINT

  total $2,038,258 · program services $2,026,058 · management and general $12,200

• 24d · Other expenses: MISC EXPENSE

  total $285,810 · program services $268,761 · management and general $17,049

• 24e · All other expenses

  total $1,674 · management and general $1,674

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $11,566,520 · end of year $9,200,852

• 4 · Accounts receivable

  beginning of year $27,713,213 · end of year $47,441,651

• 8 · Inventories for sale or use

  beginning of year $910,871 · end of year $898,860

• 9 · Prepaid expenses and deferred charges

  beginning of year -$24,873 · end of year $94,703

• 10a · Land, buildings and equipment: cost or other basis

  $57,500,875

• 10b · Land, buildings and equipment: accumulated depreciation

  $19,815,016

• 10c · Land, buildings and equipment, net

  beginning of year $39,676,516 · end of year $37,685,859

• 11 · Investments: publicly traded securities

  beginning of year $31,355,497 · end of year $34,612,144

• 15 · Other assets

  beginning of year $2,728,885 · end of year $3,271,442

• 17 · Accounts payable and accrued expenses

  beginning of year $21,505,037 · end of year $20,656,369

• 25 · Other liabilities

  beginning of year $2,624,654 · end of year $2,143,174

• 27 · Net assets without donor restrictions

  beginning of year $89,513,003 · end of year $110,122,033

• 28 · Net assets with donor restrictions

  beginning of year $283,935 · end of year $283,935

The filer's explanations (Part III)

SCHEDULE J, PAGE 1, PART I, LINE 1A

CERTAIN BOARD MEMBERS- AND EXECUTIVES' MICHIGAN ATHLETIC CLUB AND ALVE DUES ARE PAID BY THE ORGANIZATION. THESE AMOUNTS ARE CONSIDERED TAXABLE COMPENSATION.

SCHEDULE J, PAGE 1, PART I, LINE 4

JAMES DOVER 262,959 121,587 0 JOSEPH RUTH 167,331 57,631 0 PAULA REICHLE 157,503 52,404 0 NICHOLAS DOMAN 190,058 0 0 KIRA CARTER-ROBERTSON 0 30,517 0

SCHEDULE J, PAGE 1, PART I, LINE 7

COMPENSATION INCLUDES BOTH BASE AND VARIABLE COMPENSATION (NON-FIXED PAYMENTS). IN ACCORDANCE WITH ITS POLICIES, ALL ELEMENTS (BASE, VARIABLE, BENEFITS, AND PERQUISITES) ARE COMPARED TO THE MARKET.

SCHEDULE J, PART III

JOSEPH RUTH AND JAMES DOVER ARE BOTH FORMER BOARD MEMBERS OF UMH - SPARROW EATON. THE FORMER BOARD MEMBERS ARE BEING COMPENSATED BY UNIVERSITY OF MICHIGAN HEALTH - SPARROW AND AFFILIATES FOR SERVICES PROVIDED TO UNIVERSITY OF MICHIGAN HEALTH - SPARROW AND AFFILIATES IN A POSITION OTHER THAN BOARD MEMBER. THE FORMER BOARD MEMBERS ARE NOT BEING COMPENSATED FOR ANY PAST SERVICES PROVIDED TO UMH - SPARROW EATON AS FORMER BOARD MEMBERS. PART I, LINE 4B - NONQUALIFIED CERTAIN EXECUTIVES PARTICIPATE IN THE 457(F) SUPPLEMENTAL RETIREMENT PLAN AND ARE MAKING CURRENT YEAR CONTRIBUTIONS AS WELL AS RECEIVING CURRENT YEAR DISTRIBUTIONS. CONTRIBUTIONS TO THE PLAN ARE DISCLOSED IN PART I, LINE 4B AND REQUIRED DISTRIBUTIONS FORM THE PLAN ARE REPORTED BELOW AS A NEGATIVE AS WELL AS BEING DISCLOSED ON SCHEDULE J, PART II COLUMN B(III) JAMES DOVER: -121,587 PAULA REICHLE: -52,404 JOSEPH RUTH: -403,638 KIRA CARTER-ROBERTSON: -141,657

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• MICHIGAN DIALYSIS SERVICES LLC

  DIALYSIS · MI

• PHYSICIAN ORGANIZATION OF MI ACO

  HEALTHCARE · MI

• UNIV OF MICHIGAN HLTH HOLDINGS LLC

  HOLDING CO · MI

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• KENT HEALTH CARE PHYSICIAN ORG

  HEALTHCARE · MI · controlled entity

• SPARROW DEVELOPMENT INC

  RENTAL PRO · MI · controlled entity

• UNIV OF MICH HLTH INSURANCE COMPANY

  INSURANCE · MI · controlled entity

• UNIV OF MICH HLTH SERVICE COMPANY

  MED SERV · MI · controlled entity

• EAST LANSING ATHLETIC CLUB

  HLTH CLUB · MI · controlled entity

• MAC RESTAURANT LLC

  RESTAURANT · MI · controlled entity

• CLINTON SERVICES CORPORATION

  SERVICES · MI · controlled entity

• EAST LANSING HLTH ATH CLUB & HSP

  CONDO ASSO · MI · controlled entity