Mclaren Medical Group
- Assets
- $116.2m
- Revenue
- $95.8m
- Investments
- $0.0
- Employees
- 1,066
- Location
- Flint, MI
- Founding
- 09/1993
- Data as of
- 09/2021
- EIN
- 38-2988086
Organization Overview
Mclaren Medical Group is located in Flint, MI. The organization was established in 1993. According to its NTEE Classification (E30) the organization is classified as: Ambulatory & Primary Health Care, under the broad grouping of Health Care and related organizations. As of 09/2023, Mclaren Medical Group employed 1,066 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mclaren Medical Group 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 Medical Group generated $95.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $93.6m during the year ending 09/2021. While expenses have increased by 9.5% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
MCLAREN HEALTH CARE CORPORATION, ALONG WITH ITS SUBSIDIARIES, WILL BE MICHIGAN'S BEST VALUE IN HEALTHCARE AS DEFINED BY QUALITY OUTCOMES AND COST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEDICAL SERVICES (PRIMARILY PHYSICIAN CARE AND DIAGNOSTIC TESTS) ARE PROVIDED TO PATIENTS. PATIENT VISITS WERE 805,950 FOR THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Philip Incarnati Chairman | OfficerTrustee | 1 | $0 |
Timothy Logan MD Director | Trustee | 40 | $934,066 |
Chad Grant Interim CEO | OfficerTrustee | 2 | $0 |
Bradley Ropp MD Director | Trustee | 40 | $534,628 |
Michael Mckenna MD Director | Trustee | 1 | $0 |
David Mazurkiewicz Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Himagine Solutions Coding; Billing | 9/29/23 | $4,010,360 |
American Healthcare Staffing Assoc Llc Contract Labor | 9/29/23 | $849,428 |
Allscripts Healthcare Llc Software | 9/29/23 | $568,156 |
Actalent Scientific Llc Contract Labor | 9/29/23 | $503,293 |
Iron Mountain Records Mgmt Records Delivery/storage | 9/29/23 | $418,430 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $12,456 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $154,815 |
| Net Gain/Loss on Asset Sales | -$40,487 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $95,809,958 |
| Statement of Expenses | |
|---|---|
| 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. | $1,940,708 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $46,216,902 |
| Pension plan accruals and contributions | $1,462,999 |
| Other employee benefits | $3,597,877 |
| Payroll taxes | $2,474,806 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $52,323 |
| Fees for services: Accounting | $43,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,752,367 |
| Advertising and promotion | $243,511 |
| Office expenses | $2,780,935 |
| Information technology | $164,991 |
| Royalties | $0 |
| Occupancy | $4,064,401 |
| Travel | $192,271 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $29,120 |
| Interest | $0 |
| Payments to affiliates | $308,708 |
| Depreciation, depletion, and amortization | $2,791,434 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $93,649,734 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,614 |
| Savings and temporary cash investments | $4,317,492 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $18,547,192 |
| Loans from Officers, Directors, or Controlling Persons | $3,268,216 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,938,843 |
| Prepaid expenses and deferred charges | $1,288,227 |
| Investments—publicly traded securities | $519,600 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $44,292 |
| Other assets | $67,188,848 |
| Total assets | $116,247,152 |
| Accounts payable and accrued expenses | $66,959,195 |
| Grants payable | $0 |
| Deferred revenue | $43,127 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $28,373,123 |
| Total liabilities | $95,375,445 |
| Net assets without donor restrictions | $20,871,707 |
| 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 |
| Total liabilities and net assets/fund balances | $20,871,707 |