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

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$58,828,386

Program Services
98%
Other
2%
Government Grants
<1%
Investments
<1%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$57,846,764

Salaries & Benefits
45%
Other
32%
Fees to Service Providers
13%
Offices, Occupancy & IT
5%
Depreciation
4%
Interest
1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$58,276
$203,063
+248%
Fundraising Events
$0
$0
-
Program Services
$56,619,599
$57,702,326
+2%
Membership Dues
$0
$0
-
Investments
$9,216
$15,730
+71%
Other
$1,933,973
$907,267
-53%
Total Revenues
$58,621,064
$58,828,386
+0%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$26,940,300
$26,237,506
-3%
Fees to Service Providers
$10,454,274
$7,490,315
-28%
Advertising & Promotion
$7,200
$6,000
-17%
Offices, Occupancy & IT
$2,592,204
$2,757,881
+6%
Interest
$429,706
$605,185
+41%
Depreciation
$2,789,367
$2,469,204
-11%
Other
$18,060,606
$18,280,673
+1%
Total Expenses
$61,273,657
$57,846,764
-6%
Net income
2023
2024
Change
Net income
-$2,652,593
+$981,622
-137%
Functional Expenses
Summary
2023
2024
Change
Program
$51,057,865
$49,016,157
-4%
Admin
$10,151,478
$8,771,077
-14%
Fundraising
$64,314
$59,530
-7%
Total Expenses
$61,273,657
$57,846,764
-6%
Income Statement
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