COREWELL HEALTH GROUP RETURN

COREWELL HEALTH GROUP RETURN

Grand Rapids, MI, US
501(c)3
EIN
61-1740292
Hospital
Regional Funder
Subordinate Organization

COREWELL HEALTH GROUP RETURN

Grand Rapids, MI, US
501(c)3
EIN
61-1740292
Hospital
Regional Funder
Subordinate Organization

Balance Sheet

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

$6,785,966,188

Property, Plant, & Equipment (net)
55%
Receivables (Non-Related)
19%
Investments
10%
Other Assets
8%
Prepaid Expenses
6%
Inventories
2%
Cash & Equivalents
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)

$1,210,761,433

Other Liabilities
52%
Payables & Accruals
43%
Deferred Revenue
3%
Tax-Exempt Bond Liabilities
2%
Notes Payable / Debt (Non-Related)
<1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$105,660,798
$42,537,054
-60%
Receivables (Non-Related)
$1,091,973,817
$1,297,328,682
+19%
Related-Party Receivables
-
-
-
Inventories
$117,658,963
$125,177,656
+6%
Prepaid Expenses
$439,491,465
$381,710,695
-13%
Investments
$2,709,145,458
$676,613,632
-75%
Property, Plant, & Equipment (net)
$3,898,891,733
$3,737,835,461
-4%
Other Assets
$358,013,430
$524,763,008
+47%
Total Assets
$8,720,835,664
$6,785,966,188
-22%
Liabilities
2023
2024
Change
Payables & Accruals
$615,039,287
$515,938,948
-16%
Grants Payable
-
-
-
Deferred Revenue
$35,174,837
$30,953,107
-12%
Tax-Exempt Bond Liabilities
$1,634,985,576
$22,204,226
-99%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$9,643,953
$9,346,460
-3%
Related-Party Payables
-
-
-
Other Liabilities
$1,179,892,090
$632,318,692
-46%
Total Liabilities
$3,474,735,743
$1,210,761,433
-65%
Net assets
2023
2024
Change
Restricted Net Assets
$200,934,762
$318,801,370
+59%
Unrestricted Net Assets
$5,045,165,159
$5,256,403,385
+4%
Net assets
2023
2024
Change
Net assets
+$5,246,099,921
+$5,575,204,755
+6%
Balance Sheet
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)