Corewell Health is a 501(c)(3) organization based in Grand Rapids, Michigan, registered in 2014, with $1,345,891,330 in FY2021 revenue. CharityIndex grades it A+, and it directs about 93% of spending to programs.
Revenue (FY2021)
$1.3B
▲ 0.4% vs prior year
Health median: $840K
Expenses (FY2021)
$1.3B
Net assets
$730.3M
Employees
12,445
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Corewell Health: 93% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Corewell Health: 7 mo reserves · +4% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Corewell Health: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Corewell Health: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Provide excellence in care, healing and health to the individuals and communities we serve.
Outpatient and other services:the oakwood system's mission extends beyond its campuses where it is a leader in providing outpatient health care services to all members of the community, including medicaid patients, underinsured patients and patients with no insurance at all. the oakwood system also includes numerous community-based medical centers in the communities. all of these outpatient services are provided to patients on a non-discriminatory basis and irrespective of ability to pay.beginning in march of 2020 and continuing into 2021, covid-19 began to take full-effect in the united states and michigan. this now global pandemic has led to many challenges and changes in the healthcare industry as a whole. some specific actions and programs that beaumont health put into place include: strategic critical inventory management, including tracking of global production trends of vital equipment, purchasing, and stockpiling, standardization of equipment, such as ventilators and management of cardiac monitors, hepa units, it and facility infrastructure, etc. activation of various pandemic protocols including the 24/7 corporate and site emergency operations centers (eocs). continued eoc communication with interdisciplinary site leaders throughout the system. developed eoc data dashboards for access to all leaders. evaluation and re-deployment of labor pool activities including beaumont medical group and ambulatory staffing resources to support hospitals during surge events. coordinated with local, state, and federal governmental departments to assist with all public health initiatives, coordination of patient care, and tracking and transmission of covid-19 data.beaumont health also implemented various community programs and initiatives to help lead the way during the covid-19 pandemic response for the communities it serves. these programs included: covid-19 hotline to provide information and support curbside screening and testing sites developing improved and altered standards of care in response to the latest covid-19 guidance. implementing infection prevention activities such as visitor guidance/restrictions, enhanced security and crowd control management, and disseminating urgent information to providers, staff, and visitors.implementation of the above programs and protocols, along with near-unprecedented changes in patient volumes and the types of care and procedures that were available, has led to various changes in beaumont health's financial metrics. as the pandemic continues, beaumont health will move forward in providing compassionate, extraordinary care every day.
Emergency services:the emergency care centers at the four hospitals in the oakwood system are staffed and equipped to handle the most severe illnesses and injuries as well as minor traumas that require medical attention. beaumont hospital, dearborn is a verified level ii trauma center that ensures advanced life-saving procedures are readily available 24/7 for patients with traumatic injuries. an 89-bed full-service emergency center provides rapid assessment and emergency care with response times below the national average for those requiring a heart or stroke intervention.beaumont hospital, wayne has board-certified emergency medicine physicians, fast track service for rapid assessment and care for less urgent conditions, and advanced life-saving procedures.beaumont hospital, trenton has achieved two-minute "door-to-evaluation and a "door-to-balloon" time of less than 56 minutes for those requiring a heart intervention which is well below the national average. beaumont hospital, trenton is the only verified level ii trauma center serving the downriver community. this important distinction means that advanced life-saving procedures are readily available 24/7 for patients with traumatic injuries.beaumont hospital, taylor is the only emergency room in taylor offering 24/7 care.the oakwood system treated 182,675 individuals in its emergency centers in 2021. the oak
Revenue grew from $1.2B (FY2013) to $1.3B (FY2021) across 9 reported years.
Financial snapshot
Operating margin
4.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.2B
Total liabilities
$478.1M
Net assets
$730.3M
Salaries & benefits
$653.9M
51% of expenses
Board members
16
11 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2021 | $1,345,891,330▲0.4% | $1,291,987,435▲1.3% | $730,283,906▲47.2% | $1,208,336,161▲6.9% | 990 |
| 2020 | $1,340,944,117▼2.2% | $1,275,159,443▲1.0% | $496,197,935▼27.4% | $1,130,298,707▲0.8% | 990 |
| 2019 | $1,371,273,989▲2.2% | $1,262,458,651▲1.8% | $683,427,100▼4.8% | $1,121,448,718▼3.5% | 990 |
| 2018 | $1,342,181,322▲4.4% | $1,240,351,510▲5.6% | $718,014,406▲8.4% | $1,162,366,707▲4.9% | 990 |
| 2017 | $1,285,998,771▼1.7% | $1,174,420,156▼0.7% | $662,530,812▲51.8% | $1,107,861,470▲1.2% | 990 |
| 2016 | $1,308,427,289▲9.1% | $1,182,215,389▼0.2% | $436,358,461▼6.3% | $1,094,356,341▼5.3% | 990 |
| 2015 | $1,199,615,406▼1.8% | $1,184,140,140▲1.4% | $465,477,359▲1.6% | $1,156,166,856▲0.2% | 990 |
| 2014 | $1,221,052,257▲2.8% | $1,167,572,527▲1.8% | $458,162,791▼1.0% | $1,154,330,269▲3.1% | 990 |
| 2013 | $1,187,781,695 | $1,146,802,287▼2.5% | $462,686,334▲38.5% | $1,119,730,666▲3.3% | 990 |
| 2012 | — | $1,176,331,724▲7.0% | $333,967,864▲6.5% | $1,083,828,738▲5.4% | 990 |
| 2011 | — | $1,099,655,037▲7.2% | $313,481,457▲1.5% | $1,028,254,726▲5.2% | 990 |
| 2010 | — | $1,025,396,869 | $308,907,969 | $977,794,295 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Samir Dabbous — $1,221,839 (0.09% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Samir Dabbous | Physician | 50 | $1,221,839 |
| Mohammed Alsaidi-donovan | Physician | 50 | $1,069,191 |
| Faisal Musa | Physician | 50 | $977,776 |
| Aref Alrayes | Physician | 50 | $803,166 |
| David Claeys | President - Dearborn & Fh | 22 | $790,595 |
| Muhammad Azrak | Physician | 50 | $774,756 |
| Lee Ann Odom | Fmr Pres-trenton,taylor,wayne | 46 | $501,538 |
| Tammy Scarborough | Pres-trenton,taylor,wayne | 50 | $446,149 |
| Paolo Marciano Md | Cmo-dearborn | 44 | $256,857 |
| Kassem Charara | Cmo - Taylor | 50 | $223,828 |
| Ashok Jain Md | Director (eff 1/1/21) | 42 | $222,148 |
| Jonathan Kaper | Cmo-trenton | 50 | $180,132 |
| Abedelrahim Asfour Md | Director (eff 1/1/21) | 42 | $170,550 |
| Christopher Blake | Vice-chairman (eff 6/21) | 2 | — |
| David Wood Md | Director (end 8/21) | 1 | — |
| Diane Roth | Evp & Cfo (eff 4/21) | 1 | — |
| Geoffrey Hockman | Director | 2 | — |
| Gerson Cooper | Director | 2 | — |
| Harris Mainster Do | Director | 2 | — |
| John Fox | President & Ceo | 2 | — |
| Contractor | Services | Paid |
|---|---|---|
| Dell USA LP | Billing Solutions/office Management | $11,818,805 |
| Carefusion Solutions Inc | Information Technology Services | $4,356,588 |
| Catamaran Inc | Prescription Service | $4,146,336 |
| Expedient Medstaff LLC | Employee Staffing | $2,240,000 |
| Anesthesia Associates of Ann Arbor Pllc | Anesthesia Services | $1,744,877 |
12 grants to Corewell Health totaling $32.4M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Corewell Health | To support exempt purpose | 2024 | $4,680,618 |
| Corewell Health | To support exempt purpose | 2023 | $4,326,825 |
| Corewell Health | General assistance | 2022 | $4,110,489 |
| Corewell Health | General assistance | 2021 | $4,144,313 |
| Corewell Health | General assistance | 2020 | $3,089,034 |
| Michigan Health and Hospital Association | Grant pass through for covid-19 | 2020 | $111,629 |
| Corewell Health | General assistance | 2019 | $4,984,211 |
| Michigan Health and Hospital Association | Grant pass through for covid-19 | 2019 | $38,487 |
| Corewell Health | General assistance | 2018 | $5,678,200 |
| American Heart Association Inc | Equipment upgrade | 2018 | $14,054 |
| Corewell Health | General assistance | 2017 | $1,257,567 |
| Patient Access Network Foundation | Patient assistance | 2015 | $6,097 |
3 grants totaling $28K in FY2021. All grants made by Corewell Health →
| Recipient | Purpose | Amount |
|---|---|---|
| Michigan State University Foundation | College of osteopathic medicine donation | $10,000 |
| Access | Arab health summit donation | $10,000 |
| Dearborn Community Fund | Concert series sponsorship | $7,500 |
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Data for Corewell Health (EIN 38-1405141) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.