Corewell Health
Legal name: Beaumont Medical Group - Hospital-Based Services
Nonprofit profile at a glance
- EIN
- 822768899
- IRS 990 coverage
- 2019–2020
- Official website data refreshed
- Aug 2026
- Forms available
- Form 990 2020, Form 990-N 2017
- Location
- Southfield, MI, USA
- Phone
- 833.261.4563
- Rating
- 66
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Community Health Systems
Reported finances
- Revenue
- $78,384,536
- Expenses
- $127,400,303
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- David Wood MD (President)
- Daniel Frattarelli MD (President, BMG)
Highest reported compensation
- Carolyn Wilson (Secretary): $2,030,949 total reported compensation
- David Wood MD (President): $1,649,573 total reported compensation
- John Kerndl (Treasurer): $1,452,277 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Beaumont Medical Group - Hospital-Based Services's primary exempt purpose is to meet the community's need for medical care in the hospital setting in a variety of specialties including pulmonary and critical care, hospitalist care, infectious disease, emergency medicine, diagnostic radiology, clinical and anatomic pathology, neonatology, and pediatric critical care.
What it reported doing in 2020
Beaumont Medical Group - Hospital-Based Services provides key services required in a hospital setting to treat patients in medical specialties that are necessary to stabilize patients; diagnose their conditions and injuries; provide life-saving care; and serve as the backbone of coverage for patients who may not otherwise have a primary care physician. Utilizing their specialized training and expertise, these physicians perform care in the hospital setting to those who seek medical care at the hospital, often in emergent and critical situations.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 67
- Accountability: 32
- Sustainability: 8
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 67th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 0%; rating input score 0; 4th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -62.5%; rating input score 1; 1st percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 1.5%; rating input score 64; 64th percentile among comparable filings
Growth
- Program expense growth: 0.8% per year; rating input score 100; 17th percentile among comparable filings
- Revenue growth: 5.6% per year; rating input score 100; 54th percentile among comparable filings
- Asset growth: Limited
Details
- What they do: 1 programs and campaigns described on the official site
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: 0 of 4 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $127.4M in reported program spending
- Leadership: top reported pay $2M · 6 people listed · 0 of 6 pay-setting controls reported
- Consistency: 17 of 17 current checks pass
- Schedules: 5 filed schedules · includes executive pay and related organizations
- Filing history: 2 filing years from 2019 to 2020
- Contacts: How to reach this organization
- Related organizations: 23 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Independent voting board scored 0/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Sustainability: Operating margin scored 1/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Sustainability: Total-asset coverage ratio scored 0/100.