Nonprofit · EIN 38-2601348
HENRY FORD CORNERSTONE MEDICAL GROUP
Tax-exempt · DETROIT, MI 48202
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $55,077,883 | $66,490,204 | -$11,412,321 | $7,385,952 | $23,819,484 | -$16,433,532 |
| June 30, 2024 | 990 | $50,708,302 | $63,483,752 | -$12,775,450 | $7,762,942 | $6,549,088 | $1,213,854 |
| June 30, 2023 | 990 | $49,172,604 | $63,702,144 | -$14,529,540 | $8,064,328 | $6,251,595 | $1,812,733 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $55,066,311
- Investment income
- $0
- Other revenue
- $11,572
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Occupancy
- $2,923,504
- Travel
- $81,854
- Depreciation
- $101,240
- Program services (functional)
- $65,662,870
- Management and general (functional)
- $827,334
Balance sheet and other
- Total assets, start of year
- $7,762,942
- Total assets, end of year
- $7,385,952
- Total liabilities, end of year
- $23,819,484
- Net assets, end of year
- -$16,433,532
- Land, buildings and equipment
- $754,049
- Net assets without donor restrictions
- -$16,433,532
- Gross receipts
- $55,077,883
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1990
- State of legal domicile
- MI
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ROBERT G RINEY | PRESIDENT/CEO (START 10/2024) Trustee or director, Officer | 2 | $0 | $7,019,469 | $61,705 |
| ROBIN S DAMSCHRODER | TREASURER/CFO (START 10/2024) Trustee or director, Officer | 2 | $0 | $3,345,655 | $64,536 |
| CAROL L SCHMIDT | MINISTRY MARKET EXEC/PRES (END 9/24) Trustee or director, Officer | 2 | $0 | $2,780,463 | $45,856 |
| MICHAEL MCCULLOUGH | CFO, MINISTRY MARKET (END 9/2024) Officer | 2 | $0 | $1,099,580 | $46,446 |
| JONATHAN SAMUEL NALLI FACHE | FORMER OFFICER (END 12/2022) Former | 0 | $0 | $943,404 | $6,250 |
| DOUGLAS TODD MYERS | FORMER OFFICER (END 3/2023) Former | 0 | $0 | $383,721 | $0 |
| STEVEN B BENDER ESQ | SECRETARY (START 10/2024) Trustee or director, Officer | 2 | $0 | $319,725 | $5,629 |
990 for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| CAROL L SCHMIDT | MINISTRY MARKET EXECUTIVE/PRESIDENT Trustee or director, Officer | 0 | $0 | $2,461,903 | $93,945 |
| JONATHAN SAMUEL NALLI FACHE | FORMER OFFICER (END 12/2022) Former | 0 | $0 | $2,316,020 | $28,253 |
| MICHAEL MCCULLOUGH | CFO, MINISTRY MARKET Officer | 0 | $0 | $914,952 | $41,393 |
| DOUGLAS TODD MYERS | FORMER OFFICER (END 3/2023) Former | 0 | $0 | $635,975 | $12,783 |
990 for the year ended June 30, 2023: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JOSEPH G CACCHIONE MD FACC | INTERIM MARKET PRESIDENT (START 7/2022 - END 8/2022) Trustee or director, Officer | 0 | $0 | $3,809,601 | $47,680 |
| JONATHAN SAMUEL NALLI FACHE | INTERIM MARKET PRESIDENT (START 8/2022 - END 12/2022) Trustee or director, Officer | 0 | $0 | $2,332,003 | $54,191 |
| CAROL L SCHMIDT | MINISTRY MARKET EXECUTIVE/PRESIDENT (START 1/2023) Trustee or director, Officer | 0 | $0 | $1,547,996 | $37,944 |
| PATRICK M MCGUIRE | CFO, MINISTRY MARKET (END 7/2022) Officer | 0 | $0 | $713,118 | $32,554 |
| MICHAEL MCCULLOUGH | CFO, MINISTRY MARKET (START 3/2023) Officer | 0 | $0 | $670,046 | $35,511 |
| DOUGLAS TODD MYERS | CFO, MINISTRY MARKET (START 7/2022 - END 3/2023) Officer | 0 | $0 | $313,904 | $19,904 |
Address and contacts
- Address (IRS master file)
- ONE FORD PLACE - 5F, DETROIT, MI 48202-3450
- Principal officer (990 for 2024)
- ROBIN DAMSCHRODER, ONE FORD PLACE - 5F, DETROIT, MI 48202
- Signed the 990
- J DOUGLAS CLARK, SVP/CHIEF ACCOUNTING OFFICER
- Phone
- (313) 876-8714
- Return prepared by
- DELOITTE TAX LLP
Mission
AS ONE OF THE NATION'S LEADING INTEGRATED HEALTH SYSTEMS, IT IS THE MISSION OF HENRY FORD HEALTH SYSTEM, A RELATED ORGANIZATION OF THE FILING ENTITY, TO IMPROVE PEOPLE'S LIVES THROUGH THE EXCELLENCE OF THE SCIENCE AND ART OF HEALTH CARE AND HEALING.
Program accomplishments
- IN FURTHERANCE OF ITS MISSION AND IN AN EFFORT TO REDUCE THE GOVERNMENT'S FINANCIAL BURDEN, HENRY FORD CORNERSTONE MEDICAL GROUP PROVIDES ESSENTIAL HEALTH CARE SERVICES TO LOW INCOME PATIENTS AS WELL AS COMMUNITY SERVICES. HENRY FORD CORNERSTONE MEDICAL GROUP IS COMMITTED TO DELIVERING COMPREHENSIVE AND COMPASSIONATE HEALTH CARE TO PATIENTS OF ALL AGES AND THEIR FAMILIES. WHILE ENCOMPASSING A COST-EFFECTIVE APPROACH, OUR MEDICAL TEAM WILL PROVIDE THE HIGHEST QUALITY MEDICAL CARE WITH THE BEST OUTCOME IN MIND.Expenses $65,662,870 · revenue $55,077,883
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 38-2601348
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1986
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E91Z)
- Assets (IRS master file)
- $7,385,952
- Income (IRS master file)
- $55,077,883
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $55,077,883 | $66,490,204 | $7,385,952 | IRS |
| 990 | June 2024 | $50,708,302 | $63,483,752 | $7,762,942 | IRS |
| 990 | June 2023 | $49,172,604 | $63,702,144 | $8,064,328 | XML |
| 990 | June 2022 | $45,482,130 | $61,015,759 | $8,104,823 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 38-2601348).
Questions about HENRY FORD CORNERSTONE MEDICAL GROUP
- What is the EIN of HENRY FORD CORNERSTONE MEDICAL GROUP?
- The employer identification number (EIN) of HENRY FORD CORNERSTONE MEDICAL GROUP is 38-2601348.
- Is HENRY FORD CORNERSTONE MEDICAL GROUP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
- Are donations to HENRY FORD CORNERSTONE MEDICAL GROUP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HENRY FORD CORNERSTONE MEDICAL GROUP file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of HENRY FORD CORNERSTONE MEDICAL GROUP due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HENRY FORD CORNERSTONE MEDICAL GROUP last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of HENRY FORD CORNERSTONE MEDICAL GROUP?
- The 990 for the year ended June 30, 2025 names ROBIN DAMSCHRODER.
- Who are the officers and directors of HENRY FORD CORNERSTONE MEDICAL GROUP?
- The 990 for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does HENRY FORD CORNERSTONE MEDICAL GROUP have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $55,077,883, expenses of $66,490,204 and total assets of $7,385,952 at year end.
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