Mclaren Central Michigan
- Assets
- $77.0m
- Revenue
- $123.9m
- Investments
- $0.0
- Employees
- 869
- Location
- Mt Pleasant, MI
- Founding
- 04/1941
- Data as of
- 09/2021
- EIN
- 38-1420304
Organization Overview
Mclaren Central Michigan, operating under the name Mclaren - Central Michigan, is located in Mt Pleasant, MI. The organization was established in 1941. 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 - Central Michigan employed 869 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mclaren - Central Michigan 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 - Central Michigan generated $123.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $152.8m during the year ending 09/2021. While expenses have increased by 8.9% 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE HEALTH STATUS OF THE PEOPLE WE SERVE BY PROVIDING CARING, COMPASSIONATE, HIGH-QUALITY SERVICES.
Describe the Organization's Program Activity:
PROVIDED INPATIENT, OUTPATIENT, AND HOME CARE MEDICAL SERVICES. (PATIENT ADMISSIONS - 2,049, PATIENT DAYS - 6,425, TOTAL OUTPATIENT VISITS - 70,596)
RURAL HEALTH CLINICS (RHC) BECAME PART OF MCLAREN CENTRAL DURING 2021 TO HELP BETTER SERVE THE RURAL COMMUNITIES WITHIN THE MCLAREN NETWORK
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Michael Gross Anesthesiologist | 40 | $528,028 | |
Dr Shigang Liu Anesthesiologist | 40 | $493,323 | |
Dr Kyle Gilde Anesthesiologist | 40 | $461,271 | |
Dr Iman Zeidan Hospitalist | 40 | $331,604 | |
Dr Robert Seals Hospitalist | 40 | $330,412 | |
Tara Soules Chief Financial Officer | Officer | 40 | $196,601 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
American Healthcare Services Assoc Llc Contract Labor | 9/29/21 | $842,313 |
Morrison Management Specialists Inc Food Service | 9/29/21 | $917,248 |
Inpatient Telemedicine Plc Contract Labor | 9/29/21 | $573,697 |
Pinnacle Contracting Llc Construction Contractor | 9/29/21 | $516,836 |
Stt Inc Security | 9/29/21 | $267,105 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,210,943 |
| All other contributions, gifts, grants, and similar amounts not included above | $34,973 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,245,916 |
| Total Program Service Revenue | $121,591,934 |
| Investment income | $1,387,817 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$1,881,626 |
| Net Gain/Loss on Asset Sales | $70,424 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $123,877,944 |
| 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. | $674,192 |
| Compensation of current officers, directors, key employees. | $674,192 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $75,452,902 |
| Pension plan accruals and contributions | $2,032,972 |
| Other employee benefits | $7,276,348 |
| Payroll taxes | $3,961,061 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,029 |
| Fees for services: Accounting | $42,942 |
| Fees for services: Lobbying | $1,996 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $23,379,340 |
| Advertising and promotion | $258,382 |
| Office expenses | $958,562 |
| Information technology | $929,743 |
| Royalties | $0 |
| Occupancy | $5,196,241 |
| Travel | $179,224 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $28,379 |
| Interest | $176,427 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,197,559 |
| Insurance | $1,187,755 |
| All other expenses | $905,480 |
| Total functional expenses | $152,815,289 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,795 |
| Savings and temporary cash investments | -$17,491,599 |
| Pledges and grants receivable | $47,135 |
| Accounts receivable, net | $24,679,016 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,144,334 |
| Inventories for sale or use | $2,153,274 |
| Prepaid expenses and deferred charges | $359,013 |
| Net Land, buildings, and equipment | $26,949,586 |
| Investments—publicly traded securities | $23,249,223 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $7,297,000 |
| Other assets | $8,572,145 |
| Total assets | $76,961,922 |
| Accounts payable and accrued expenses | $15,005,944 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $1,525,881 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $9,063,475 |
| Total liabilities | $25,595,300 |
| Net assets without donor restrictions | $50,562,459 |
| Net assets with donor restrictions | $804,163 |
| 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 | $76,961,922 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Mclaren Central Michigan has recieved totaling $294,532.
| Awarding Organization | Amount |
|---|---|
Michigan Center For Rural Health East Lansing, MI PURPOSE: SEE STATEMENT 2. | $269,532 |
Isabella Bank Foundation Mt Pleasant, MI PURPOSE: 3D MAMMOGRAPHY MACHINE | $25,000 |
Endowment Analysis
| Beg. Balance | $804,628 |
| Earnings | $13,790 |
| Net Contributions | $39,972 |
| Other Expense | $54,126 |
| Ending Balance | $804,264 |
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 |