Mclaren Northern Michigan
- Assets
- $456.0m
- Revenue
- $287.6m
- Investments
- $58.1m
- Employees
- 1,639
- Location
- Petoskey, MI
- Founding
- 01/1977
- Data as of
- 09/2020
- 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 09/2021, Mclaren Northern Michigan employed 1,639 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 09/2020, Mclaren Northern Michigan generated $287.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $254.5m during the year ending 09/2020. While expenses have increased by 1.0% 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
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:
Part 3 - Line 4a
THE TREATMENT AND DIAGNOSIS OF CARDIAC DISEASE (13,987 CASES).
THE TREATMENT AND DIAGNOSIS OF GENERAL MEDICINE (2,887 CASES).
THE TREATMENT AND DIAGNOSIS OF GENERAL SURGERY (2,152 CASES).
ALL OTHER PROGRAM SERVICES INCLUDING: ONCOLOGY, ORTHOPEDICS, RADIOLOGY, NEUROLOGY, GASTROENTEROLOGY, REHABILITATION, OBSTETRICS, AND NEUROSURGERY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen E Denbesten Physician | 40 | $378,176 | |
Andrew M Mcdonagh VP - Cmo | Officer | 25 | $346,616 |
Steven Thompson VP Of Finance/cfo - Part Year | Officer | 5 | $296,897 |
Quentin Doperalski Physician | 40 | $282,257 | |
Margaret A Orr Medical Director | 40 | $213,151 | |
Anas Orfali Medical Physicist | 40 | $205,226 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Northern Anesthesia Providers Physician Services | 9/29/21 | $1,641,700 |
Acute Care Surgery Medical Group Inc Physician Services | 9/29/21 | $2,708,826 |
Rehabcare Management & Therapy Services | 9/29/21 | $2,216,704 |
Morrison Healthcare Management & Dietary Services | 9/29/21 | $1,357,922 |
Weatherby Locums Inc Physician Services | 9/29/21 | $770,625 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,375,843 |
| Investment income | $2,643,495 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $91,708 |
| Net Gain/Loss on Asset Sales | $765,845 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $287,621,661 |
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $83,701,729 |
| Pension plan accruals and contributions | $1,867,001 |
| Other employee benefits | $13,674,788 |
| Payroll taxes | $4,784,400 |
| Fees for services: Management | $1,767,744 |
| Fees for services: Legal | $1,323,134 |
| Fees for services: Accounting | $116,274 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $20,416,606 |
| Advertising and promotion | $339,496 |
| Office expenses | $4,193,775 |
| Information technology | $1,020,836 |
| Royalties | $0 |
| Occupancy | $5,586,472 |
| Travel | $724,720 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $72,478 |
| Interest | $817,398 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,207,463 |
| Insurance | $919,661 |
| All other expenses | $0 |
| Total functional expenses | $254,532,300 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,451 |
| Savings and temporary cash investments | $104,228,740 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $20,429,314 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $7,752,407 |
| Prepaid expenses and deferred charges | $1,187,123 |
| Investments—publicly traded securities | $50,161,497 |
| Investments—other securities | $58,054,782 |
| Investments—program-related | $1,477,876 |
| Intangible assets | $18,576,849 |
| Other assets | $29,677,604 |
| Total assets | $455,983,689 |
| Accounts payable and accrued expenses | $82,943,755 |
| Grants payable | $0 |
| Deferred revenue | $2,757,918 |
| 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 | $154,422,822 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $66,247,975 |
| Total liabilities | $306,372,470 |
| 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 | $149,611,219 |
Grants Awarded
Over the last fiscal year, Mclaren Northern Michigan has awarded $125,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Petoskey, MI PURPOSE: RENT/COLLEAGUE EDUCATION FUNDSRENT | $125,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Mclaren Northern Michigan has recieved totaling $3,000.
| Awarding Organization | Amount |
|---|---|
First Federal Community Foundation Alpena, MI PURPOSE: MENTAL HEALTH FACILITY | $2,000 |
Inman Family Foundation Dryden, MI PURPOSE: GENERAL | $1,000 |
Endowment Analysis
| Beg. Balance | $5,767 |
| Earnings | $1,097 |
| Ending Balance | $6,864 |
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 |