Lakeland Regional Health System Associate Benefit Program Trust
Grand Rapids, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
How This Organization Compares
Compared to 2 peers in Mutual & Membership Benefit with $1M-$10M revenue
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $461,319โ38% | $52,754โ33% | $18,287,609โ15% | โ |
| 2022 | $335,204โ6% | $79,296โ8% | $15,883,794โ14% | โ |
| 2021 | $317,339โ250% | $85,761โ217% | $18,539,802โ12% | โ |
| 2020 | $90,691โ97% | $27,036โ77% | $16,510,868โ10% | โ |
| 2020 | $2,679,875โ336% | $118,060โ34% | $14,983,608โ6% | โ |
| 2019 | $614,049โ28% | $178,781โ71% | $14,081,599โ4% | โ |
| 2018 | $857,823โ130% | $615,095โ303% | $13,527,331โ4% | โ |
| 2017 | $373,421โ310% | $152,497โ229% | $12,975,348โ8% | โ |
| 2016 | $91,085โ78% | $46,390โ62% | $12,014,084โ5% | โ |
| 2015 | $406,921โ64% | $121,847โ85% | $11,464,744โ1% | โ |
| 2014 | $1,120,188โ89% | $811,571โ32% | $11,377,950โ4% | โ |
| 2013 | $10,636,893 | $612,518 | $10,923,308 | โ |
Frequently Asked Questions
What does Lakeland Regional Health System Associate Benefit Program Trust do?โผ
Lakeland Regional Health System Associate Benefit Program Trust is a mutual & membership benefit nonprofit organization based in Michigan. It is classified under NTEE code Y20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Lakeland Regional Health System Associate Benefit Program Trust financially healthy?โผ
Based on our 9-metric Financial Health Score model, Lakeland Regional Health System Associate Benefit Program Trust has a score of 76/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Lakeland Regional Health System Associate Benefit Program Trust generate?โผ
Lakeland Regional Health System Associate Benefit Program Trust reports $4.3M in annual revenue and holds $19.1M in total assets, based on IRS filings.
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