Mclaren Health Management Group
- Assets
- $97.6m
- Revenue
- $95.4m
- Investments
- $481.3k
- Employees
- 1,084
- Location
- Davison, MI
- Founding
- 07/2000
- Data as of
- 09/2020
- EIN
- 38-3491714
Organization Overview
Mclaren Health Management Group, operating under the name Mclaren Homecare Group, is located in Davison, MI. The organization was established in 2000. According to its NTEE Classification (E32) the organization is classified as: Community Clinics, under the broad grouping of Health Care and related organizations. As of 09/2021, Mclaren Homecare Group employed 1,084 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mclaren Homecare 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 09/2020, Mclaren Homecare Group generated $95.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $83.8m during the year ending 09/2020. While expenses have increased by 3.6% 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
PROVISION OF HEALTH CARE SERVICES SUCH AS VISITING NURSE SERVICES, HOSPICE SERVICES, AND HOME MEDICAL SALES/SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVISION OF HEALTH CARE SERVICES SUCH AS VISITING NURSE SERVICES, HOSPICE SERVICES, AND HOME MEDICAL SALES/SERVICES.SELECTED ACTIVITY STATISTICS:241,841 PATIENT VISITS232,283 HOSPICE DAYS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Loy CFO & Treasurer | OfficerTrustee | 45 | $243,644 |
George Artzberger Medical Director | 45 | $203,066 | |
Danielle Hilborn VP - Pharmacy Services | 45 | $196,545 | |
Michael Lehr Dir Home Infusion | 45 | $194,859 | |
Daniel Gillette Director Corporate Compliance | 45 | $173,520 | |
Roseann Carlsen VP - Laboratory Services | 45 | $173,005 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Diamondale Nursing Care Center Nursing Home | 9/29/21 | $714,784 |
Kith Haven Nursing Home | 9/29/21 | $874,342 |
Advantage Living Center - Armada Nursing Home | 9/29/21 | $387,856 |
Bay Shores Nursing Nursing Home | 9/29/21 | $355,790 |
Aria Healthcare Nursing Home | 9/29/21 | $347,435 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,680,955 |
| Investment income | $855,221 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $95,427,508 |
| 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. | $251,273 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $39,720,693 |
| Pension plan accruals and contributions | $1,524,981 |
| Other employee benefits | $4,550,244 |
| Payroll taxes | $2,714,987 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $30,300 |
| Fees for services: Accounting | $42,748 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,371,200 |
| Advertising and promotion | $100,793 |
| Office expenses | $0 |
| Information technology | $458,420 |
| Royalties | $0 |
| Occupancy | $1,980,635 |
| Travel | $59,490 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,121 |
| Interest | $86,442 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $498,218 |
| Insurance | $201,933 |
| All other expenses | $0 |
| Total functional expenses | $83,777,778 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,258,902 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,760,200 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $915,972 |
| Inventories for sale or use | $2,116,250 |
| Prepaid expenses and deferred charges | $232,891 |
| Investments—publicly traded securities | $17,792,595 |
| Investments—other securities | $481,258 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,007,797 |
| Total assets | $97,591,258 |
| Accounts payable and accrued expenses | $52,070,587 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $717,820 |
| Total liabilities | $52,788,407 |
| 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 | $44,802,851 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Deaconess Clinic Inc Evansville, IN | $96,808,507 | $130,480,235 |
Marietta Health Care Physicians Inc Marietta, OH | $16,262,800 | $105,607,609 |
Aspirus Medical Group Inc Wausau, WI | $76,960,726 | $101,291,684 |
Licking Memorial Professional Corporation Newark, OH | $22,762,276 | $47,650,568 |
Mclaren Health Management Group Davison, MI | $97,591,258 | $95,427,508 |
University Medical Diagnostic Associates Inc Indianapolis, IN | $57,232,311 | $87,451,887 |
Cherry Street Services Inc Grand Rapids, MI | $88,865,093 | $84,792,038 |
Community Health Associates Inc Galion, OH | $8,085,875 | $50,228,840 |
Hillsdale Community Health Center Hillsdale, MI | $70,560,868 | $75,764,555 |
Goshen Health System Inc Goshen, IN | $13,380,075 | $68,845,777 |
Great Lakes Bay Health Centers Saginaw, MI | $43,109,994 | $68,616,758 |
Hopewell Health Centers Inc Chillicothe, OH | $48,966,923 | $74,549,175 |