Mclaren Port Huron
- Assets
- $443.1m
- Revenue
- $279.3m
- Investments
- $2.7m
- Employees
- 1,625
- Location
- Port Huron, MI
- Founding
- 12/1982
- Data as of
- 09/2021
- EIN
- 38-1369611
Organization Overview
Mclaren Port Huron is located in Port Huron, MI. The organization was established in 1982. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 09/2021, Mclaren Port Huron employed 1,625 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mclaren Port Huron 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 09/2021, Mclaren Port Huron generated $279.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $241.9m during the year ending 09/2021. While expenses have increased by 4.9% per year over the past 6 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.
Since 2018, Mclaren Port Huron has awarded 17 individual grants totaling $676,961. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
MCLAREN HEALTHCARE, THROUGH ITS SUBSIDIARIES, WILL BE THE BEST VALUE IN HEALTHCARE AS DEFINED BY QUALITY OUTCOMES AND COST.
Describe the Organization's Program Activity:
FOR FISCAL YEAR OCTOBER 1, 2020 TO SEPTEMBER 30, 2021, MCLAREN PORT HURON PROVIDED HEALTH CARE SERVICES TO THE POOR AND TO THE BROADER COMMUNITY FOR WHICH THE COST OF PROVIDING SUCH SERVICES EXCEEDED THE RELATED REVENUE. CHARITY CARE IN THE AMOUNT OF $3,567,960 WAS PROVIDED DURING THE YEAR. MCLAREN PORT HURON PROVIDED $452,337,420 IN THIRD PARTY DISCOUNTS. IN TOTAL, THIS REPRESENTS 64.09 PERCENT OF THE GROSS PATIENT REVENUE FOR THIS YEAR. MCLAREN PORT HURON ALSO PROVIDED THE COMMUNITY WITH OPPORTUNITIES TO PARTICIPATE IN NUMEROUS EDUCATIONAL, WELLNESS, SCREENING, AND SUPPORTIVE PROGRAMS AT EITHER NO COST OR AT A NOMINAL CHARGE. THE HOSPITAL PROVIDED A TOTAL OF 636 EVENTS/PROGRAMS TO APPROXIMATELY 72,815 PEOPLE OF THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John V Brooks MD Chief Medical Officer | Officer | 40 | $314,311 |
Sara Liter-Kuester Physician | 40 | $310,312 | |
Bridget Sholtis CFO & Assistant Treasurer | Officer | 40 | $256,487 |
Christine Samson Chief Nursing Officer - Part Year | Officer | 40 | $221,787 |
Benjamin A Catt Medical Physicist | 40 | $183,533 | |
Eric Cecava President & CEO Mclaren | OfficerTrustee | 40 | $166,782 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sound Physicians Of Michigan Contract Physician Services | 9/29/21 | $2,121,375 |
Asa Staffing Inc Contract Anesthesia | 9/29/21 | $2,268,141 |
Ahsa American Health Service Associatio Contract Physician Services | 9/29/21 | $1,415,908 |
Locumtenenscom Llc Contract Physician Services | 9/29/21 | $842,129 |
Physician Healthcare Network Contract Physician Services | 9/29/21 | $556,726 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $5,595,633 |
| Government grants | $9,895,480 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $220 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,491,113 |
| Total Program Service Revenue | $254,558,717 |
| Investment income | $7,042,278 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $336,075 |
| Net Gain/Loss on Asset Sales | $49,318 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $279,255,034 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $515,711 |
| 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. | $2,569,908 |
| Compensation of current officers, directors, key employees. | $2,569,908 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $91,975,766 |
| Pension plan accruals and contributions | $3,028,912 |
| Other employee benefits | $10,388,586 |
| Payroll taxes | $5,134,369 |
| Fees for services: Management | $21,268,295 |
| Fees for services: Legal | $2,405 |
| Fees for services: Accounting | $80,022 |
| Fees for services: Lobbying | $7,041 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $283,380 |
| Fees for services: Other | $10,804,211 |
| Advertising and promotion | $610,907 |
| Office expenses | $467,501 |
| Information technology | $7,368,274 |
| Royalties | $0 |
| Occupancy | $4,482,504 |
| Travel | $100,059 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $25,049 |
| Interest | $1,566,445 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,043,640 |
| Insurance | $2,216,975 |
| All other expenses | $842,186 |
| Total functional expenses | $241,925,386 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $99,754,274 |
| Savings and temporary cash investments | $101,192,264 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,249,784 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $39,766,885 |
| Inventories for sale or use | $6,446,149 |
| Prepaid expenses and deferred charges | $870,729 |
| Net Land, buildings, and equipment | $177,508,773 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,656,272 |
| Investments—program-related | $0 |
| Intangible assets | $155,901 |
| Other assets | $471,302 |
| Total assets | $443,072,333 |
| Accounts payable and accrued expenses | $61,427,439 |
| Grants payable | $0 |
| Deferred revenue | $21,520,833 |
| Tax-exempt bond liabilities | $8,604,282 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $52,742,358 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,848,472 |
| Total liabilities | $149,143,384 |
| Net assets without donor restrictions | $293,928,949 |
| 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 | $443,072,333 |
Grants Awarded
Over the last fiscal year, Mclaren Port Huron has awarded $515,711 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Port Huron, MI PURPOSE: FORGIVENESS OF DUE FROM | $477,011 |
CITY OF PORT HURON PURPOSE: SPONSORSHIPS/DONATION | $24,500 |
Port Huron, MI PURPOSE: SPONSORSHIPS | $14,200 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mclaren Port Huron has recieved totaling $11.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $11 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Deaconess Hospital Inc Evansville, IN | $1,921,220,397 | $1,102,144,618 |
Kettering College Miamisburg, OH | $1,728,903,615 | $1,055,020,178 |
Covenant Medical Center Inc Saginaw, MI | $1,038,790,282 | $776,913,978 |
Allegiance Health Jackson, MI | $830,742,312 | $709,583,429 |
Indiana University Health Bloomingon Inc Indianapolis, IN | $990,966,337 | $700,343,585 |
Munson Medical Center Traverse City, MI | $1,240,001,316 | $752,883,085 |
Bethesda Hospital Inc Cincinnati, OH | $1,219,368,332 | $686,286,971 |
Mercy Health System Corporation Janesville, WI | $590,598,309 | $634,611,105 |
The Good Samaritan Hospital Of Cincinnati Ohio Dtd 01251995 Cincinnati, OH | $942,007,823 | $651,965,819 |
St Vincent Hospital-Hospital Sisters-Third Order Of St Francis Green Bay, WI | $911,771,001 | $646,081,418 |
Munster Medical Research Foundation Inc Munster, IN | $297,008,950 | $660,640,751 |
Aspirus Wausau Hospital Inc Wausau, WI | $652,843,423 | $674,491,769 |