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Mackinac Straits Health System Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 208756459 ✦ St ignace, MI ✦ Designated as a 501(c)(3)

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Overview

What is Mackinac Straits Health System Inc?

Mackinac Straits Health System Inc is a Michigan-based nonprofit organization located in St. Ignace, with a US address at 1140 N State Street, ZIP code 49781. The health system comprises a 15-bed acute care facility, a 48-bed long-term care unit, and several physician clinics in Mackinac County. They offer comprehensive healthcare services, including inpatient, outpatient, emergency, and physician care, catering to the residents of Mackinac County and the surrounding areas. Their mission is to provide quality healthcare to the families and communities they serve, positioning themselves as a premier destination health system dedicated to delivering the best care and investing in community wellness. The organization employs a total of 389 individuals.


Official website here: www.mackinacstraitshealth.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

Mackinac Straits Health System Inc has earned an 81% score, reflecting a strong commitment to accountability and financial transparency. The organization receives a Three-Star rating, indicating that it meets good standards in its operations. The high accountability score suggests that the nonprofit has put effective governance measures in place, which includes having a majority of independent board members and a well-structured oversight committee.

Strengths of the organization are evident in its comprehensive policies, such as having conflict of interest and whistleblower policies, alongside a robust document retention strategy. Additionally, the program expense ratio is impressive at 83.80%, showing that the majority of its expenses are directed toward its programs rather than administrative costs.

While the rating is solid, it is important for potential donors or partners to consider how the nonprofit continues to evolve and address any limitations over time. The score primarily reflects financial accountability, so future assessments should also consider programmatic impact and community engagement.


This AI summary has been generated from information found on Charity Navigator.

Is Mackinac Straits Health System Inc legitimate?

Mackinac Straits Health System Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mackinac Straits Health System Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $1,399,234
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,538,655

For more financial information, click here


Official website here: www.mackinacstraitshealth.org

What is the mission statement of Mackinac Straits Health System Inc?

Mackinac Straits Health System Inc is committed to delivering top-notch healthcare to the families and communities it serves. The organization runs a 15-bed acute care facility, a 48-bed long-term care unit, and several physician clinics. They provide a comprehensive range of services, including inpatient, outpatient, emergency, and physician care, catering to the needs of the local population. Mackinac Straits Health System's mission focuses on offering high-quality healthcare to make a positive impact on people's lives. It strives to enhance community wellness by investing in the health and well-being of the individuals it serves.


Official website here: www.mackinacstraitshealth.org

Who is the CEO of Mackinac Straits Health System Inc?

Ryan Speas is the Physician of Mackinac Straits Health System Inc. The CEO's salary of Mackinac Straits Health System Inc is $219,327 and their total compensation is $245,174.


Official website here: www.mackinacstraitshealth.org

What is the revenue of Mackinac Straits Health System Inc?

Mackinac Straits Health System Inc's revenue in 2022 was $67,265,328.


Official website here: www.mackinacstraitshealth.org

Who are the executives of Mackinac Straits Health System Inc and what are their salaries?

The average compensation at Mackinac Straits Health System Inc during 2022 was $46,113. There are 389 employees and 20 volunteers at Mackinac Straits Health System Inc.


Here are 20 key members and their salaries (Mackinac Straits Health System Inc's CEO's salary is $219,327 and their total compensation is $245,174):


Matthew Bowes (Physician)
  • Compensation: $553,795
  • Related: $0
  • Other: $26,347
Susan Strich (Chief Of Staff)
  • Compensation: $426,162
  • Related: $0
  • Other: $24,347
Robert Sharon (Physician)
  • Compensation: $297,848
  • Related: $0
  • Other: $19,142
Amy Bolmer (Physician)
  • Compensation: $299,655
  • Related: $0
  • Other: $8,847
Gregory Hessler (Physician)
  • Compensation: $265,927
  • Related: $0
  • Other: $21,891
Lene' Heinlen (Chief Of Staff - Elect)
  • Compensation: $254,460
  • Related: $0
  • Other: $24,347
Loretta Leja (Chief Of Staff - Post)
  • Compensation: $259,005
  • Related: $0
  • Other: $9,047
Roderick Baltzer (Physician)
  • Compensation: $259,216
  • Related: $0
  • Other: $8,047
Karen Cheeseman (Ceo)
  • Compensation: $219,327
  • Related: $0
  • Other: $25,847
Ryan Speas (Cfo)
  • Compensation: $148,644
  • Related: $0
  • Other: $8,047
Steve Autore (Chairman Of Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Shannon (Vice Chairman Of Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
James North (Treasurer Of Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Doud (Secretary Of Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Prentiss Brown (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Mcpherson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rd Musser Iii (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Rogers (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Smith (Chief Of Staff - Post (Thru May))
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Smith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mackinacstraitshealth.org

Where can I find the form 990 for Mackinac Straits Health System Inc?

Mackinac Straits Health System Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mackinacstraitshealth.org

Learn more at the official website: www.mackinacstraitshealth.org

Mission Statement of Mackinac Straits Health System Inc

Mackinac Straits Health System Inc, a renowned healthcare organization, is dedicated to delivering top-notch care and investing in community wellness. The mission of this prestigious institution is to provide quality healthcare services to the families and communities it serves.

Mackinac Straits Health System Inc operates various facilities, including a 15-bed acute care facility, a 48-bed long-term care unit, and several physician clinics. These resources enable the organization to cater to a comprehensive range of healthcare needs, from inpatient and outpatient care to emergency services and physician consultations. The system prides itself on serving the residents of Mackinac County and the surrounding areas with unwavering dedication.

The team at Mackinac Straits Health System Inc understands the importance of delivering comprehensive healthcare and goes beyond just treating illnesses. By offering a wide array of services, the organization ensures that the families and communities it serves receive the best possible care, from inpatient and outpatient treatments to emergency care and physician consultations. The ultimate goal is to contribute to the overall well-being of the individuals and communities they serve.

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Impact




August, 2024

Mackinac Straits Health System Inc has a significant impact on the community by providing quality healthcare services to the residents of Mackinac County and the surrounding areas. With a 15-bed acute care facility, a 48-bed long-term care unit, and multiple physician clinics, the health system offers comprehensive inpatient, outpatient, emergency, and physician services. By focusing on delivering the best care and investing in community wellness, Mackinac Straits Health System is a destination health system dedicated to improving the well-being of families and communities it serves in St Ignace, Michigan.




This information is meant to be a general summary of Mackinac Straits Health System Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$67,265,328 (2022)
Expenses
$59,793,210 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $20,581
  • Program Service Revenue: $59,547,996
  • Gross Receipts: $67,265,328

Assets and Liabilities:

  • Total Assets: $55,869,740
  • Total Liabilities: $68,149,194
  • Net Assets: -$12,279,454

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PATIENT REVENUE

Revenue

$56,042,945

QAAP REVENUE

Revenue

$2,047,567

340B REVENUE

Revenue

$843,983

AFFILIATED RENTAL REVENUE

Revenue

$35,260

MOB RENTAL REVENUE

Revenue

$9,450

Organization Details

Founding Year

2008

Principal Officer

Ryan Speas

Main Address

1140 N STATE STREET, ST IGNACE, MI, 49781

NTEE Category

Code: E21 - Health

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