MUNSON HEALTHCARE MANISTEE HOSPITAL

MUNSON HEALTHCARE MANISTEE HOSPITAL

Manistee, MI, US
501(c)3
EIN
38-0350304
Hospital

MUNSON HEALTHCARE MANISTEE HOSPITAL

Manistee, MI, US
501(c)3
EIN
38-0350304
Hospital

Balance Sheet

Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)

$37,447,926

Property, Plant, & Equipment (net)
77%
Receivables (Non-Related)
16%
Cash & Equivalents
4%
Inventories
2%
Other Assets
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)

$6,129,527

Payables & Accruals
54%
Other Liabilities
43%
Deferred Revenue
3%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$13,480,996
$1,487,696
-89%
Receivables (Non-Related)
$5,434,349
$5,860,527
+8%
Related-Party Receivables
-
-
-
Inventories
$642,352
$733,672
+14%
Prepaid Expenses
$325,946
$181,670
-44%
Investments
-
-
-
Property, Plant, & Equipment (net)
$30,570,725
$28,800,554
-6%
Other Assets
$743,643
$383,807
-48%
Total Assets
$51,198,011
$37,447,926
-27%
Liabilities
2023
2024
Change
Payables & Accruals
$3,091,174
$3,297,005
+7%
Grants Payable
-
-
-
Deferred Revenue
$225,321
$200,740
-11%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$4,544,739
$2,631,782
-42%
Total Liabilities
$7,861,234
$6,129,527
-22%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$43,336,777
$31,318,399
-28%
Net assets
2023
2024
Change
Net assets
+$43,336,777
+$31,318,399
-28%
Balance Sheet
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