funder logo

MICHIGAN HEALTH ENDOWMENT FUND

MICHIGAN HEALTH ENDOWMENT FUND

Brighton, MI, US
501(c)3
EIN
46-5054207
Fund Raising & Fund Distribution
Regional Funder
funder logo

MICHIGAN HEALTH ENDOWMENT FUND

Brighton, MI, US
501(c)3
EIN
46-5054207
Fund Raising & Fund Distribution
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$116,075,631

Contributions
86%
Investments
9%
Other
5%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$46,797,977

Grants
76%
Fees to Service Providers
13%
Salaries & Benefits
9%
Offices, Occupancy & IT
1%
Other
<1%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$100,000,000
$100,000,000
+0%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$11,873,145
$10,525,093
-11%
Other
$460,120
$5,550,538
+1106%
Total Revenues
$112,333,265
$116,075,631
+3%
Expenses
2023
2024
Change
Grants
$35,232,446
$35,754,942
+1%
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,852,662
$4,364,929
+13%
Fees to Service Providers
$5,156,004
$5,884,283
+14%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$591,249
$589,999
0%
Interest
$0
$0
-
Depreciation
$54,780
$51,447
-6%
Other
$186,156
$152,377
-18%
Total Expenses
$45,073,297
$46,797,977
+4%
Net income
2023
2024
Change
Net income
+$67,259,968
+$69,277,654
+3%
Functional Expenses
Summary
2023
2024
Change
Program
$42,611,005
$43,643,815
+2%
Admin
$2,462,292
$3,154,162
+28%
Fundraising
$0
$0
-
Total Expenses
$45,073,297
$46,797,977
+4%
Income Statement
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)