Mcr Health Inc
- Assets
- $53.0m
- Revenue
- $132.7m
- Investments
- $2.3m
- Employees
- 1,306
- Location
- Bradenton, FL
- Founding
- 04/1978
- Data as of
- 12/2020
- EIN
- 59-1773262
Organization Overview
Mcr Health Inc is located in Bradenton, FL. The organization was established in 1978. 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 12/2021, Mcr Health Inc employed 1,306 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mcr Health Inc 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 12/2020, Mcr Health Inc generated $132.7m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 62.5% each year . All expenses for the organization totaled $116.7m during the year ending 12/2020. While expenses have increased by 56.0% 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE MEDICAL, DENTAL AND MENTAL HEALTH CARE SERVICES TO ALL INDIVIDUALS INCLUDING THE UNINSURED IN FLORIDA . SEE SCHEDULE O.OUR MISSION IS TO PROVIDE ALL PATIENTS, INCLUDING THE UNDERSERVED AND UNINSURED, ACCESS TO QUALITY PRIMARY CARE AND PREVENTATIVE HEALTH EDUCATION , REGARDLESS OF RACE, SEX, DISABILITY OR ECONOMIC STATUS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MCR HEALTH, INC., PROVIDED CARE TO 165,511 PATIENTS, INCLUDING THE UNDERINSURED, IN MANATEE, DESOTO AND SARASOTA COUNTIES, FLORIDA, FOR THE YEAR ENDING DECEMBER 31, 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick J Carnegie President And CEO | Officer | 40 | $860,175 |
Jeffery Greenbarg Psychiatrist | 40 | $423,595 | |
George Van Buren Senior VP Medical Affairs | Officer | 40 | $417,500 |
Wilfredo Rivera-Ortiz Chief Of Obgyn | Officer | 40 | $402,510 |
Dimitrios Hatzivlassiou Psychiatrist | 40 | $378,234 | |
Melvin Price VP Medical Affairs | Officer | 40 | $373,555 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Balanced Wellbeing Llc Mental Health Provider | 12/30/21 | $9,915,877 |
Ace Health Consultant Medical Administration Services | 12/30/21 | $1,323,557 |
Arcadia Medical Associates Medical Provider | 12/30/21 | $9,324,791 |
Jn Horst Do Pllc Mental Health Provider | 12/30/21 | $644,000 |
Manuel Gallego Mental Health Provider | 12/30/21 | $493,676 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,011,432 |
| Investment income | $3,916 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$72,382 |
| Net Gain/Loss on Asset Sales | $11,836 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $132,692,059 |
| 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. | $5,685,198 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $51,071,250 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,283,324 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $299,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $23,351,919 |
| Advertising and promotion | $162,562 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $551,792 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $84,067 |
| Interest | $999,381 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,073,683 |
| Insurance | $849,812 |
| All other expenses | $0 |
| Total functional expenses | $116,713,043 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,275,993 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $15,073,711 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $482,793 |
| Prepaid expenses and deferred charges | $742,534 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,324,649 |
| Investments—program-related | $0 |
| Intangible assets | $10,001,489 |
| Other assets | $2,785,065 |
| Total assets | $52,953,795 |
| Accounts payable and accrued expenses | $8,689,558 |
| Grants payable | $0 |
| Deferred revenue | $7,378,699 |
| 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 | $16,897,143 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,311,955 |
| Total liabilities | $34,277,355 |
| Net assets without donor restrictions | $0 |
| 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 | $18,676,440 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mcr Health Inc has recieved totaling $93,696.
| Awarding Organization | Amount |
|---|---|
Manatee County Rural Health Services Foundation Inc Bradenton, FL PURPOSE: To assist patients in need with their prescription drugs and to assist families in need | $93,696 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Florida Jacksonville Physicians Inc Jacksonville, FL | $157,751,210 | $385,524,459 |
Nchmd Inc Naples, FL | $43,477,542 | $127,733,197 |
Mcr Health Inc Bradenton, FL | $52,953,795 | $132,692,059 |
Cooperative Healthcare Services Inc Brunswick, GA | $14,369,691 | $76,135,784 |
Baptist Outpatient Services Inc Coral Gables, FL | $72,512,245 | $111,118,872 |
Columbus Ambulatory Healthcare Services Inc Columbus, GA | $18,745,132 | $56,730,449 |
Borinquen Health Care Center Inc Miami, FL | $25,345,345 | $55,017,243 |
Collier Health Services Inc Immokalee, FL | $85,865,305 | $62,719,568 |
Brevard Health Alliance Inc West Melbourne, FL | $40,519,404 | $57,510,485 |
Careconnect Health Inc Richland, GA | $64,016,478 | $69,742,586 |
St Marys Medical Group Inc Athens, GA | $9,650,726 | $33,044,302 |
Cahaba Medical Care Foundation Centreville, AL | $18,005,567 | $49,779,023 |