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

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$11,491,275,449

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

$11,221,374,806

Salaries & Benefits
46%
Other
29%
Fees to Service Providers
17%
Offices, Occupancy & IT
4%
Depreciation
3%
Interest
<1%
Grants
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$9,810,581
$404,982
-96%
Government Grants
$43,719,403
$35,331,576
-19%
Fundraising Events
$1,181,300
$59,644
-95%
Program Services
$10,143,479,227
$11,210,999,152
+11%
Membership Dues
$0
$0
-
Investments
$73,713,196
$37,593,692
-49%
Other
$102,345,439
$206,886,403
+102%
Total Revenues
$10,374,249,146
$11,491,275,449
+11%
Expenses
2023
2024
Change
Grants
$5,976,567
$2,988,745
-50%
Benefits to Members
$0
$0
-
Salaries & Benefits
$5,024,745,940
$5,135,479,988
+2%
Fees to Service Providers
$1,555,764,992
$1,883,978,577
+21%
Advertising & Promotion
$3,753,320
$1,891,124
-50%
Offices, Occupancy & IT
$475,418,519
$475,141,788
0%
Interest
$73,278,914
$91,085,890
+24%
Depreciation
$427,965,154
$335,505,942
-22%
Other
$2,662,684,354
$3,295,302,752
+24%
Total Expenses
$10,229,587,760
$11,221,374,806
+10%
Net income
2023
2024
Change
Net income
+$144,661,386
+$269,900,643
+87%
Functional Expenses
Summary
2023
2024
Change
Program
$9,727,337,578
$10,747,716,185
+10%
Admin
$499,783,572
$471,642,965
-6%
Fundraising
$2,466,610
$2,015,656
-18%
Total Expenses
$10,229,587,760
$11,221,374,806
+10%
Income Statement
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)