CSCharityScored
89

Versiti Michigan Inc

Health · Grand Rapids, Michigan

1036 Fuller Ave Ne, Grand Rapids, MI 49503-1304

EIN: 381550001· Founded: Sep 1964· 62 years active· Filing Year: 2023

Annual Revenue

$69.0M

Total Expenses

$65.4M

Total Assets

$44.7M

Program Spending

103%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$1.4M

2.1% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$22.4M

Total Payroll

$23.7M

36% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 36%
Other overhead: -3%
Program Revenue$67.2M (97%)
Total Expenses$65.4M (95%)
Payroll$23.7M (36%)
Overhead (non-program)-3%

Trust Score Breakdown

Program Spending Ratio

103% of expenses go to programs

40%

Revenue & Stability

$69.0M annual revenue

15%

Executive Compensation

$1.4M total officer comp (2.1% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$44.7M in assets

10%

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