Care Free Medical Inc
- Assets
- $730.1k
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 35
- Location
- Lansing, MI
- Founding
- 09/2004
- Data as of
- 12/2021
- EIN
- 14-1909938
Organization Overview
Care Free Medical Inc, operating under the name Care Free Medical And Dental, is located in Lansing, MI. The organization was established in 2004. According to its NTEE Classification (E32) the organization is classified as: Community Clinics, under the broad grouping of Health Care and related organizations. As of 12/2021, Care Free Medical And Dental employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Care Free Medical And Dental is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Care Free Medical And Dental generated $1.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $1.8m during the year ending 12/2021. While expenses have increased by 3.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE HEALTH SERVICES TO UNINSURED & UNDERSERVED INDIVIDUALS IN THE GREATER LANSING, MI AREA.
Describe the Organization's Program Activity:
THE MEDICAL, OPTICAL, AND DENTAL CLINICS HAD 13,097 PATIENT ENCOUNTERS IN 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Farhan Bhatti Executive Director | Officer | 40 | $186,772 |
Michelle Loubert Doctor | 40 | $181,291 | |
Paul Kennedy Chair | OfficerTrustee | 1.5 | $0 |
Jean Young Treasurer | OfficerTrustee | 1 | $0 |
Angela Epolito Sprecher Secretary | OfficerTrustee | 1.5 | $0 |
David Houston Member | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $4,405 |
| Membership dues | $0 |
| Fundraising events | $15,973 |
| Related organizations | $0 |
| Government grants | $171,596 |
| All other contributions, gifts, grants, and similar amounts not included above | $336,001 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $527,975 |
| Total Program Service Revenue | $1,172,356 |
| Investment income | $308 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $23,348 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$6,104 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,719,049 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $191,905 |
| Other salaries and wages | $854,733 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $28,659 |
| Payroll taxes | $76,804 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $51,805 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $39,461 |
| Advertising and promotion | $1,326 |
| Office expenses | $101,620 |
| Information technology | $42,415 |
| Royalties | $0 |
| Occupancy | $199,179 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $50,640 |
| Insurance | $55,546 |
| All other expenses | $5,124 |
| Total functional expenses | $1,767,151 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $194,804 |
| Savings and temporary cash investments | $181,085 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $340,871 |
| Investments—publicly traded securities | $13,299 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $730,059 |
| Accounts payable and accrued expenses | $7,969 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $106,748 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $332,300 |
| Total liabilities | $447,017 |
| Net assets without donor restrictions | $283,042 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $730,059 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Care Free Medical Inc has recieved totaling $39,666.
| Awarding Organization | Amount |
|---|---|
Community Foundation For Southeast Michigan Detroit, MI PURPOSE: CARE FREE MEDICAL FUND THE MOVE | $25,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $9,600 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,066 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Circle Health Services Cleveland, OH | $15,673,887 | $20,519,755 |
Bellefonte Physician Services Inc Cincinnati, OH | $0 | $9,013,523 |
Lower Lights Christian Health Center Inc Columbus, OH | $12,538,833 | $18,716,137 |
Sch Professional Corporation Salem, OH | $1,689,607 | $8,909,689 |
Western Wayne Family Health Centers Inkster, MI | $16,037,298 | $17,730,874 |
Lakeland Immediate Care Center Cassopolis, MI | $27,798,669 | $17,988,669 |
M G H Family Health Center Muskegon Heights, MI | $12,784,619 | $16,954,638 |
Echo Community Health Care Inc Evansville, IN | $11,505,915 | $15,721,363 |
Oakland Intergrated Healthcare Network Pontiac, MI | $13,829,053 | $17,921,685 |
Community Health Centers Of Greater Dayton Dayton, OH | $4,848,889 | $14,181,884 |
Heart City Health Center Inc Elkhart, IN | $13,371,391 | $13,920,124 |
Heart Of Ohio Family Health Centers Columbus, OH | $12,925,185 | $14,304,530 |