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Nonprofiteer
← SPARROW CLINICAL RESEARCH INSTITUTE

Form 990 for tax year 2023

Filed by SPARROW CLINICAL RESEARCH INSTITUTE.

Totals

Total revenue
$686,067
Total expenses
$1,264,229
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$650,522
Investment income
$35,545
Other revenue
$0
Total assets, end of year
$1,086,429
Total liabilities, end of year
$2,297,548
Net assets or fund balances, end of year
-$1,211,119
Program services expenses (Part IX)
$671,743
Management and general expenses
$592,486
Fundraising expenses
$0
Program service expenses (Part III)
$671,743

Program services were 53.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: FUND REVENUE

    total $650,522 · related or exempt $650,522

  • 3 · Investment income

    total $26,520 · excluded $26,520

  • 7a · Gross sales of assets other than inventory

    securities $9,025

  • 7c · Gain or loss

    securities $9,025

  • 7d · Net gain or loss

    total $9,025 · excluded $9,025

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $155,528 · management and general $155,528

  • 7 · Other salaries and wages

    total $676,597 · program services $441,026 · management and general $235,571

  • 8 · Pension plan contributions

    total $31,404 · program services $16,644 · management and general $14,760

  • 9 · Other employee benefits

    total $73,528 · program services $38,970 · management and general $34,558

  • 10 · Payroll taxes

    total $56,924 · program services $30,170 · management and general $26,754

  • 13 · Office expenses

    total $4,222 · program services $2,238 · management and general $1,984

  • 19 · Conferences, conventions and meetings

    total $29,661 · program services $15,720 · management and general $13,941

  • 22 · Depreciation, depletion and amortization

    total $9,297 · program services $4,927 · management and general $4,370

  • 23 · Insurance

    total $729 · program services $386 · management and general $343

  • 24a · Other expenses: SUPPLIES

    total $165,498 · program services $87,714 · management and general $77,784

  • 24b · Other expenses: PURCHASED SERVICES

    total $55,424 · program services $29,375 · management and general $26,049

  • 24c · Other expenses: OTHER

    total $5,417 · program services $4,573 · management and general $844

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $315,246 · end of year $98,231

  • 4 · Accounts receivable

    beginning of year $227,600 · end of year $142,000

  • 9 · Prepaid expenses and deferred charges

    end of year $1,500

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

    $92,969

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

    $60,430

  • 10c · Land, buildings and equipment, net

    beginning of year $41,836 · end of year $32,539

  • 11 · Investments: publicly traded securities

    beginning of year $735,743 · end of year $812,159

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,994,254 · end of year $2,297,548

  • 27 · Net assets without donor restrictions

    beginning of year -$673,829 · end of year -$1,211,119

Mission and programs · 2023

Mission

PRINCIPAL PURPOSE OF OPERATING AS A MEDICAL RESEARCH ORGANIZATION DIRECTLY ENGAGED IN THE CONTINUOUS, ACTIVE CONDUCT OF MEDICAL RESEARCH, IN CONJUNCTION WITH ANY NON-PROFIT 501(C)(3) HOSPITAL AND ADMINISTERING FUNDS TO FURTHER THE CHARITABLE PURPOSE OF THE CORPORATION.

  • INTUITIVE IS5000 CLINICAL INVESTIGATION OF THE DA VINCI SURGICAL SYSTEM

    Expenses $80,724 · Revenue $66,672

  • ANT 006 RIVAROXABAN COMPARED TO ABELAC FOR ATRIAL FIBRILLATION

    Expenses $65,350 · Revenue $110,878

  • OCEANIC AF APIXABAN COMPARED TO ASUNDEXIAN FOR ATRIAL

    Expenses $64,425 · Revenue $87,364

  • ALL OTHER PROGRAM SERVICES.

    Expenses $461,244 · Revenue $385,608

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Paula Reichle

    FORMER SR VP

    Total calculated
    $837,004
    From this org
    $0
    From related orgs
    $721,275
    Other
    $115,729

    Schedule J breakdown matched by us

    Base
    not reported + $590,250 related
    Bonus
    not reported + $49,613 related
    Other
    not reported + $81,412 related
    Deferred
    not reported + $61,554 related
    Nontaxable benefits
    not reported + $54,175 related
    Filer's total
    not reported + $837,004 related
  • Joel Cohn MD

    VICE CHAIRMA

    Total calculated
    $814,347
    From this org
    $0
    From related orgs
    $749,010
    Other
    $65,337
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $731,486 related
    Bonus
    not reported + $10,000 related
    Other
    not reported + $7,524 related
    Deferred
    not reported + $19,050 related
    Nontaxable benefits
    not reported + $46,287 related
    Filer's total
    not reported + $814,347 related
  • Chad Link Do

    FORMER BOARD

    Total calculated
    $779,710
    From this org
    $0
    From related orgs
    $693,821
    Other
    $85,889

    Schedule J breakdown matched by us

    Base
    not reported + $649,611 related
    Bonus
    not reported + $20,000 related
    Other
    not reported + $24,210 related
    Deferred
    not reported + $9,150 related
    Nontaxable benefits
    not reported + $76,739 related
    Filer's total
    not reported + $779,710 related
  • Gordon Srkalovic MD

    FORMER BOARD

    Total calculated
    $709,705
    From this org
    $0
    From related orgs
    $668,664
    Other
    $41,041

    Schedule J breakdown matched by us

    Base
    not reported + $550,901 related
    Bonus
    not reported + $92,644 related
    Other
    not reported + $25,119 related
    Deferred
    not reported
    Nontaxable benefits
    not reported + $41,041 related
    Filer's total
    not reported + $709,705 related
  • Mohammed Qintar

    BOARD MEMBER

    Total calculated
    $705,780
    From this org
    $0
    From related orgs
    $640,440
    Other
    $65,340
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $629,414 related
    Bonus
    not reported + $10,000 related
    Other
    not reported + $1,026 related
    Deferred
    not reported
    Nontaxable benefits
    not reported + $65,340 related
    Filer's total
    not reported + $705,780 related
  • John Ip MD

    CHAIRMAN

    Total calculated
    $634,270
    From this org
    $0
    From related orgs
    $558,395
    Other
    $75,875
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $540,967 related
    Bonus
    not reported + $7,892 related
    Other
    not reported + $9,536 related
    Deferred
    not reported + $9,150 related
    Nontaxable benefits
    not reported + $66,725 related
    Filer's total
    not reported + $634,270 related
  • Margaret Dimond PhD

    REGIONAL PRE

    Total calculated
    $566,558
    From this org
    $0
    From related orgs
    $511,057
    Other
    $55,501
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $429,939 related
    Bonus
    not reported + $62,038 related
    Other
    not reported + $19,080 related
    Deferred
    not reported
    Nontaxable benefits
    not reported + $55,501 related
    Filer's total
    not reported + $566,558 related
  • Theodore Glynn MD

    PRESIDENT

    Total calculated
    $453,259
    From this org
    $0
    From related orgs
    $382,947
    Other
    $70,312
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $356,534 related
    Bonus
    not reported + $23,044 related
    Other
    not reported + $3,369 related
    Deferred
    not reported + $9,150 related
    Nontaxable benefits
    not reported + $61,162 related
    Filer's total
    not reported + $453,259 related
  • Jessica Bristol-Piper

    DIR CLINIC R

    Total calculated
    $155,528
    From this org
    $123,548
    From related orgs
    $0
    Other
    $31,980
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $118,636
    Bonus
    $4,779
    Other
    $133
    Deferred
    not reported
    Nontaxable benefits
    $31,980
    Filer's total
    $155,528
  • Jennifer Boak

    RESEARCH CLI

    Total calculated
    $144,252
    From this org
    $107,330
    From related orgs
    $0
    Other
    $36,922
    Hours/week
    40
  • Anmar Razak MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J, PAGE 1, PART I, LINE 4
PAULA REICHLE 157,503 52,404 0
SCHEDULE J, PART III
CHAD LINK AND GORDAN SRKALOVIC ARE FORMER BOARD MEMBERS OF SPARROW CLINICAL RESEARCH INSTITUTE. THE FORMER BOARD MEMBERS ARE BEING COMPENSATED BY SPARROW HEALTH SYSTEM AND AFFILIATES FOR SERVICES PROVIDED TO SPARROW HEALTH SYSTEM AND AFFILIATES IN POSITIONS OTHER THAN BOARD MEMBERS. THE FORMER BOARD MEMBERS ARE NOT BEING COMPENSATED FOR ANY PAST SERVICES PROVIDED TO SPARROW CLINICAL RESEARCH INSTITUTE 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 FROM THE PLAN ARE REPORTED BELOW AS A NEGATIVE AS WELL AS BEING DISCLOSED ON SCHEDULE J, PART II COLUMN B(III). PAULA REICHLE: -52,404

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

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 MICHIGAN HLTH INSURANCE CO

    INSURANCE · MI · controlled entity

  • UNIV OF MICHIGAN HLTH SERVICE CO

    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

Provenance

Return type
form_990
Tax year
2023
Filed
9 May 2025
IRS schema version
2023v6.0
Source object
202521349349301617

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