Paul Oliver Memorial Hospital

Health · Traverse City, Michigan

1105 Sixth St, Traverse City, MI 49684-2345

EIN: 381415623· Founded: Sep 1945· 81 years active· Filing Year: 2023

Annual Revenue

$25.4M

Total Expenses

$24.9M

Total Assets

$19.1M

Program Spending

97%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$249K

1.0% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$10.8M

Total Payroll

$11.0M

44% of total expenses

Where the Money Goes

97%

Programs: 97%

Payroll: 44%

Other overhead: 3%

Program Revenue$24.2M (95%)

Total Expenses$24.9M (98%)

Payroll$11.0M (44%)

Overhead (non-program)3%

Trust Score Breakdown

Program Spending Ratio

97% of expenses go to programs

40%

Revenue & Stability

$25.4M annual revenue

15%

Executive Compensation

$249K total officer comp (1.0% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$19.1M in assets

10%

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Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.