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Mclaren Flint Foundation

The Mclaren Foundation

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

EIN: 381358053 ✦ Flint, MI ✦ Designated as a 501(c)(3)

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Overview

What is Mclaren Flint Foundation?

The Mclaren Flint Foundation, often referred to as The Mclaren Foundation, is a nonprofit organization situated in Flint, Michigan. Their primary role involves providing financial support to Mclaren Flint Medical Center, funding various research projects and fellowship programs. Additionally, they contribute to charity initiatives at Mclaren Flint, scholarship programs, and the Match Little Change program of Mclaren Flint. Furthermore, they offer lodging accommodations to patients and their families undergoing treatment at the medical center. Essentially, the Mclaren Flint Foundation funds research projects and provides financial aid for Mclaren Flint's operational or capital purchases, aiming to enhance healthcare services in the community.


Official website here: www.see schedule o

Is Mclaren Flint Foundation legitimate?

Mclaren Flint Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mclaren Flint Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.see schedule o

What is the mission statement of Mclaren Flint Foundation?

The Mclaren Flint Foundation's mission is centered around funding research projects and providing financial support to Mclaren Flint for operational or capital expenditures. The funds disbursed by the foundation are utilized for a variety of purposes, including funding research projects at the medical center, supporting fellowship programs, offering charitable aid to Mclaren Flint, administering scholarship programs, and participating in the Little Change program of Mclaren Flint. Additionally, the foundation provides lodging accommodations for patients and their families during their medical treatments at Mclaren Flint.


Official website here: www.see schedule o

Who is the CEO of Mclaren Flint Foundation?

Fred Korte is the Trustee-President/Ceo of Mclaren Flint Foundation. The CEO's salary of Mclaren Flint Foundation is $0 and their total compensation is $608,987.


Official website here: www.see schedule o

What is the revenue of Mclaren Flint Foundation?

Mclaren Flint Foundation's revenue in 2022 was $3,425,116.


Official website here: www.see schedule o

Who are the executives of Mclaren Flint Foundation and what are their salaries?

There 123 volunteers at Mclaren Flint Foundation.


Here are 11 key members and their salaries (Mclaren Flint Foundation's CEO's salary is $0 and their total compensation is $608,987):


Chris Candela (Trustee-President/Ceo)
  • Compensation: $0
  • Related: $485,876
  • Other: $123,111
Fred Korte (Trustee-Treasurer)
  • Compensation: $0
  • Related: $408,428
  • Other: $22,398
Marie Wadecki (Trustee-Vice Chariman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond Rudoni (Trustee-Secretary)
  • Compensation: $0
  • Related: $20,000
  • Other: $0
Steve Cook (Trustee-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hesham Gayar (Trustee)
  • Compensation: $0
  • Related: $238,502
  • Other: $0
Lakshmi Tummala (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Lawrence (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Miller (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lucy Ham (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Glazier (Vp Director - Foundation)
  • Compensation: $0
  • Related: $213,082
  • Other: $28,639


Official website here: www.see schedule o

Where can I find the form 990 for Mclaren Flint Foundation?

Mclaren Flint Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.see schedule o

Learn more at the official website: www.see schedule o

Mission Statement of Mclaren Flint Foundation

The Mclaren Flint Foundation is committed to supporting the mission of Mclaren Flint by funding various research projects and facilitating operating or capital purchases. In essence, this nonprofit organization provides essential financial resources to further the advancements and enhancements at the medical center. The funds granted by the Mclaren Flint Foundation are utilized in several ways, including supporting research projects, sponsoring fellowship programs, offering charitable aid to Mclaren Flint, managing scholarship initiatives, and participating in the Little Change Program of Mclaren Flint. Additionally, the foundation offers lodging accommodations to patients and their families undergoing treatment at Mclaren Flint, thereby offering a comforting and supportive environment during their challenging times.

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Impact




October, 2024

The Mclaren Flint Foundation significantly enhances healthcare outcomes in the Flint community by funding critical research projects and supporting various initiatives at Mclaren Flint. Through financial contributions, the foundation empowers medical advancements and education, particularly by backing fellowship programs that nurture emerging healthcare professionals.

In addition to research funding, the foundation offers essential support for operational and capital purchases, ensuring that Mclaren Flint can maintain high-quality care and modern facilities. The foundation also plays a vital role in community support through scholarship programs and charitable contributions that directly benefit the medical center.

One of their notable initiatives is the "Match Little Change Program," designed to provide ongoing financial support to Mclaren Flint, further reinforcing the institution's mission to deliver excellent healthcare services. Additionally, the foundation addresses the needs of patients and their families by providing lodging options for those undergoing treatment, alleviating economic burdens during difficult times.

Overall, the Mclaren Flint Foundation's impact is profound, fostering a healthier community through its commitment to research, education, patient care, and community support.




This information is meant to be a general summary of Mclaren Flint Foundation. 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
$3,425,116 (2022)
Expenses
$3,357,094 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $727,305
  • Program Service Revenue: $104,782
  • Gross Receipts: $8,155,511

Assets and Liabilities:

  • Total Assets: $60,669,501
  • Total Liabilities: $1,640,528
  • Net Assets: $59,028,973

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Programs

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

AFFILIATED RENT

Revenue

$104,782

Organization Details

Founding Year

1919

Principal Officer

Fred Korte

Main Address

401 S BALLENGER HWY, FLINT, MI, 48532

NTEE Category

Code: E120 - Health

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