Physicians Health Network is a 501(c)(4) organization based in East Lansing, Michigan, registered in 2003, with $121,284,265 in FY2024 revenue. CharityIndex grades it C+, and it directs about 100% of spending to programs.
Revenue (FY2024)
$121.3M
▼ 12.7% vs prior year
Health median: $840K
Expenses (FY2024)
$113.5M
Net assets
-$5.3M
Employees
0
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 Physicians Health Network: 100% to programs earns a C+ 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 Physicians Health Network: 0 mo reserves · +6% margin earns a D 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 Physicians Health Network: 5 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 Physicians Health Network: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Physicians health network's mission is to improve the health status of its members by facilitating quality, compassionate, accessible, and cost effective healthcare.
Revenue declined from $184.6M (FY2013) to $121.3M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
6.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.0M
Total liabilities
$7.2M
Net assets
-$5.3M
Salaries & benefits
$0
0% of expenses
Board members
9
4 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $121,284,265▼12.7% | $113,489,174▼22.9% | -$5,265,399▲59.7% | $1,979,543▲8.8% | 990 |
| 2023 | $138,870,374▲0.3% | $147,270,260▲3.6% | -$13,060,909▲1.5% | $1,819,772▲12.6% | 990 |
| 2022 | $138,450,632▲4.2% | $142,199,045▲1.7% | -$13,260,290▼44.7% | $1,616,339▼11.3% | 990 |
| 2021 | $132,857,107▼5.9% | $139,801,157▲5.1% | -$9,165,379▼310% | $1,822,839▲5.2% | 990 |
| 2020 | $141,224,179▼10.1% | $133,053,350▼10.6% | -$2,234,839▼239% | $1,732,129▲7.4% | 990 |
| 2019 | $157,070,877▼10.3% | $148,871,392▼11.3% | $1,612,088▼90.6% | $1,612,088▼90.6% | 990 |
| 2018 | $175,053,991▲9.5% | $167,764,304▲6.5% | $17,121,213▲46.0% | $17,121,213▲46.0% | 990 |
| 2017 | $159,798,491▼0.9% | $157,516,513▼0.1% | $11,723,547▲31.8% | $11,723,547▲31.8% | 990 |
| 2016 | $161,192,522▼22.2% | $157,719,077▼23.2% | $8,892,898▲74.0% | $8,892,898▲24.6% | 990 |
| 2015 | $207,102,330▲10.2% | $205,258,536▲10.9% | $5,111,990▲35.6% | $7,135,162▲89.2% | 990 |
| 2014 | $187,871,923▲1.8% | $185,130,805▼4.8% | $3,770,658▲190% | $3,770,658▲75.4% | 990 |
| 2013 | $184,623,142 | $194,560,646▲7.0% | $1,299,324▼88.9% | $2,149,151▼81.7% | 990 |
| 2012 | — | $181,853,533▲4.4% | $11,737,405▲42.8% | $11,737,405▲42.8% | 990 |
| 2011 | — | $174,174,284▼2.7% | $8,221,789▼30.7% | $8,221,789▼30.7% | 990 |
| 2010 | — | $179,066,075 | $11,858,594 | $11,858,594 | 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.
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Andrea Kosloski | Former Direc | 0 | — |
| Ann Hunt-fugate Rph | Mgr Clinical | 40 | — |
| Audrey Liangyue-wanling Fan | Director | 1 | — |
| Dennis Reese | Frm Presiden | 0 | — |
| Douglas Edema Md | Director | 1 | — |
| Eric Strucko | Treasurer | 1 | — |
| Iftiker Ahmad Md | Former Direc | 0 | — |
| James F Dover | Fm Pres/ceo- | 0 | — |
| Jennifer Johnston | Vp Sales & M | 40 | — |
| John Pirich | Director | 1 | — |
| Joseph Ruth | Former Direc | 0 | — |
| Keith Dickey | Chair | 1 | — |
| Kenneth Walker | Dir Network | 40 | — |
| Kevin Albosta | Director | 1 | — |
| Kimberly Ross | Director | 1 | — |
| Margaret Dimond | Pres/ceo-umh | 1 | — |
| Nicole Werner | Former Cfo | 0 | — |
| Paula Reichle | Former Treas | 0 | — |
| Phyllis Fisher | Vp Operation | 40 | — |
| Richard Bruner | Director | 1 | — |
Explore more
Data for Physicians Health Network (EIN 38-2594856) 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.