Mclaren Flint
- Assets
- $624.0m
- Revenue
- $478.2m
- Investments
- $2.2m
- Employees
- 2,825
- Location
- Flint, MI
- Founding
- 03/1982
- Data as of
- 09/2021
- EIN
- 38-2383119
Organization Overview
Mclaren Flint, operating under the name Mclaren Regional Medical Center, is located in Flint, 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 Regional Medical Center employed 2,825 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mclaren Regional Medical Center 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 Regional Medical Center generated $478.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $460.8m during the year ending 09/2021. While expenses have increased by 0.9% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE HEALTH CARE SERVICES TO THE COMMUNITY AND PROVIDE VARIOUS HEALTH PROMOTION EVENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVISION OF MEDICAL SERVICES FOR THE INPATIENT AND OUTPATIENT CARE OF PERSONS SUFFERING FROM ILLNESS, INJURY, AND DISABILITY; FOR THE PREVENTION OF ILLNESS, INJURY, AND DISABILITY AND FOR THE MAINTENANCE OF HEALTH. SELECTED ACTIVITY STATISTICS ARE PRESENTED: PATIENT DAYS: 99,661 DISCHARGES: 17,153 EMERGENCY ROOM VISITS: 57,518 BIRTHS: 371
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ravinder Singala MD Physician Hospitalist | 45 | $517,063 | |
Prajesh Patel MD Physician Hospitalist | 45 | $459,921 | |
Shady Megala Physician Hospitalist | 45 | $426,940 | |
Alpesh Korant Physician Hospitalist | 45 | $405,261 | |
Fred Korte CFO | Officer | 45 | $375,996 |
Ahmed Sana Program Director Family Pr | 45 | $373,429 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Siwek Construction Construction Services | 9/29/21 | $3,279,724 |
Emma International Consulting Consulting Services For Proton Beam | 9/29/21 | $2,216,660 |
Hema-tec Inc Inpatient Dialysis Provider | 9/29/21 | $1,471,857 |
E W Sparrow Hospital Resident Training | 9/29/21 | $1,069,952 |
Comprehensive Care Service Inc Perfusionist Services | 9/29/21 | $1,132,062 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $338,428 |
| Related organizations | $1,207,343 |
| Government grants | $4,519,435 |
| All other contributions, gifts, grants, and similar amounts not included above | $367,343 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,432,549 |
| Total Program Service Revenue | $465,603,155 |
| Investment income | $5,482,619 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$222,188 |
| Net Gain/Loss on Asset Sales | -$21,382 |
| Net Income from Fundraising Events | -$50,994 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $478,203,752 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $295,433 |
| 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. | $430,902 |
| Compensation of current officers, directors, key employees. | $430,902 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $197,425,161 |
| Pension plan accruals and contributions | $8,629,524 |
| Other employee benefits | $21,302,124 |
| Payroll taxes | $11,510,338 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $76,396 |
| Fees for services: Accounting | $90,245 |
| Fees for services: Lobbying | $12,239 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $56,051,495 |
| Advertising and promotion | $1,255,601 |
| Office expenses | $90,033,830 |
| Information technology | $854,512 |
| Royalties | $0 |
| Occupancy | $9,093,612 |
| Travel | $263,088 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $279,357 |
| Interest | $5,636,325 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $23,083,557 |
| Insurance | $2,915,451 |
| All other expenses | $442,629 |
| Total functional expenses | $460,808,360 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $79,658,359 |
| Pledges and grants receivable | $115,200 |
| Accounts receivable, net | $35,689,944 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $8,787,005 |
| Prepaid expenses and deferred charges | $2,683,342 |
| Net Land, buildings, and equipment | $246,288,224 |
| Investments—publicly traded securities | $207,697,264 |
| Investments—other securities | $2,220,803 |
| Investments—program-related | $341,636 |
| Intangible assets | $0 |
| Other assets | $40,512,073 |
| Total assets | $623,993,850 |
| Accounts payable and accrued expenses | $43,411,091 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $167,396,510 |
| 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 | $96,264,461 |
| Total liabilities | $307,072,062 |
| Net assets without donor restrictions | $315,053,637 |
| Net assets with donor restrictions | $1,868,151 |
| 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 | $623,993,850 |
Grants Awarded
Over the last fiscal year, Mclaren Flint has awarded $493,188 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
East Lansing, MI PURPOSE: TO SUPPORT THE MISSION OF THE ORGANIZATION | $150,000 |
Flint, MI PURPOSE: FUND SUPPORT OF SERVICES AND PROJECTS OF MCLAREN FLINT | $126,438 |
FRIENDS OF GENESEE HEALTH PLAN PURPOSE: TO SUPPORT THE MISSION OF THE ORGANIZATION | $65,000 |
Flint, MI PURPOSE: TO SUPPORT THE MISSION OF THE ORGANIZATION | $50,750 |
Flint, MI PURPOSE: TO SUPPORT THE MISSION OF THE ORGANIZATION | $37,500 |
Grand Blanc, MI PURPOSE: TO SUPPORT THE MISSION OF THE ORGANIZATION | $30,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Mclaren Flint has recieved totaling $9,490.
| Awarding Organization | Amount |
|---|---|
Credit Unions Chartered In The State Of Michigan Flint, MI PURPOSE: CHARITABLE CONTRIBUTION | $8,490 |
Charles Stewart Mott Foundation Flint, MI PURPOSE: FOR THE GENERAL PURPOSES OR OTHER CHARITABLE PURPOSES OF THE ORGANIZATION. | $1,000 |
Endowment Analysis
| Beg. Balance | $2,238,172 |
| Earnings | $19,574 |
| Net Contributions | $733,631 |
| Other Expense | $1,123,226 |
| Ending Balance | $1,868,151 |
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 |