EHealth CareEIN: 824279556· Ruling Year: 2019

Northern Michigan Health Consortium

Charlevoix, Michigan

CHealth Score
44C

Financial Health Score

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Below Average

How This Organization Compares

Compared to 2 peers in Health Care with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.42×
Peer Median29.34×
💰
$1.1M
Total Revenue
📊
$1.2M
Total Expenses
🏦
$501K
Net Assets
📋
$279K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+42.9%
Year-over-year change (2022 → 2023)
Net Margin
-11.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.42
Net assets divided by total expenses
Liabilities-to-Assets
35.8%
Total liabilities as % of total assets

Filing History

4 filings on record
YearRevenueExpensesAssets
2023$1,080,11543%$1,206,38771%$780,53313%
2022$755,88527%$705,75912%$902,14743%
2021$597,24018%$627,34529%$630,41613%
2020$504,110$484,690$720,580

Frequently Asked Questions

What does Northern Michigan Health Consortium do?

Northern Michigan Health Consortium is a health care nonprofit organization based in Michigan. It is classified under NTEE code E60 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Northern Michigan Health Consortium financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Northern Michigan Health Consortium.

How much revenue does Northern Michigan Health Consortium generate?

Northern Michigan Health Consortium reports $1.3M in annual revenue and holds $923K in total assets, based on IRS filings.

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