Mclaren Northern Michigan
- Assets
- $384.8m
- Revenue
- $271.6m
- Investments
- $12.9k
- Employees
- 1,392
- Location
- Petoskey, MI
- Founding
- 01/1977
- Data as of
- 09/2023
- EIN
- 38-2146751
Organization Overview
Mclaren Northern Michigan is located in Petoskey, MI. The organization was established in 1977. 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 09/2023, Mclaren Northern Michigan employed 1,392 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mclaren Northern 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 09/2023, Mclaren Northern Michigan generated $271.6m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $248.8m during the year ending 09/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
MCLAREN HEALTH CARE, THROUGH ITS SUBSIDIARIES, WILL BE THE BEST VALUE IN HEALTH CARE AS DEFINED BY QUALITY OUTCOMES AND COST.
Describe the Organization's Program Activity:
ACUTE MEDICAL AND SURGICAL HOSPITAL, 7,472 DISCHARGES, 31,079 PATIENT DAYS, 32,439 EMERGENCY ROOM VISITS AND 7,383 SURGERIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd Burch Director & President/ceo | OfficerTrustee | 39 | $0 |
Dennis Hesselink Chairperson | OfficerTrustee | 1 | $0 |
Julie Fasone-Holder Vice Chairperson | OfficerTrustee | 1 | $0 |
Tom Cattel Secretary | OfficerTrustee | 1 | $0 |
Chad Grant Mhc Chief Operating Officer | Trustee | 1 | $0 |
Steve Brown Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
American Healthcare Staffing Associatio Contract Labor | 9/29/23 | $8,610,238 |
Apogee Medical Management Inc Physician Services | 9/29/23 | $3,981,474 |
Pco Pc Physician Services | 9/29/23 | $2,929,542 |
Delphi Of Team Health Physician Services | 9/29/23 | $2,347,127 |
Morrison Management Specialists Inc Management & Dietary Services | 9/29/23 | $2,163,009 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $13,750,809 |
| Government grants | $580,330 |
| All other contributions, gifts, grants, and similar amounts not included above | $18,350 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,349,489 |
| Total Program Service Revenue | $254,721,562 |
| Investment income | $1,740,370 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $83,152 |
| Net Gain/Loss on Asset Sales | -$227,084 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $271,607,269 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $36,174 |
| 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. | $1,527,441 |
| Compensation of current officers, directors, key employees. | $1,527,441 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $82,020,117 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $12,447,661 |
| Payroll taxes | $4,491,524 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $150,579 |
| Fees for services: Accounting | $106,550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $51,123,137 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,787,496 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,458,527 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $248,825,832 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,548 |
| Savings and temporary cash investments | $6,903,672 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $30,034,314 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $8,058,017 |
| Prepaid expenses and deferred charges | $1,478,360 |
| Net Land, buildings, and equipment | $238,628,434 |
| Investments—publicly traded securities | $60,025,455 |
| Investments—other securities | $12,926 |
| Investments—program-related | $608,279 |
| Intangible assets | $16,601,927 |
| Other assets | $22,414,758 |
| Total assets | $384,770,690 |
| Accounts payable and accrued expenses | $25,327,004 |
| Grants payable | $0 |
| Deferred revenue | $1,877,297 |
| 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 | $147,413,111 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $32,495,219 |
| Total liabilities | $207,112,631 |
| Net assets without donor restrictions | $177,658,059 |
| 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 | $384,770,690 |
Grants Awarded
Over the last fiscal year, Mclaren Northern Michigan has awarded $125,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MCLAREN NORTHERN MICHIGAN FOUNDATION PURPOSE: RENT/COLLEAGUE EDUCATION FUNDSRENT | $125,000 |