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Mclaren Oakland

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

EIN: 381428164 ✦ Pontiac, MI ✦ Designated as a 501(c)(3)

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Overview

What is Mclaren Oakland?

Mclaren Oakland is a comprehensive medical community based in Pontiac, Michigan, providing primary and specialty healthcare services to the underserved communities in the greater Pontiac and Oakland County area. Founded in 1953, it has grown into an osteopathic medical institution offering a wide range of clinical services, including emergency and trauma care, cardiology, cancer services, minimally invasive robotic surgery, and orthopedic services. Mclaren Oakland is the only city in Oakland County designated as a Medically Underserved Area (MUA) by the U.S. Department of Health and Human Services, making it a crucial healthcare provider for the medically underserved population. With over 1400 employees and accredited residency and fellowship programs, Mclaren Oakland aspires to enhance the quality of life and health status of the people it serves through its commitment to integrity, excellence, diversity, and intelligence.


Official website here: www.mclaren.org/oakland

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star rating)

Mclaren Oakland has achieved a strong Four-Star rating from Charity Navigator, highlighting its exceptional standards in accountability and finance. The organization scored a perfect 100% in their accountability and finance beacon, indicating a well-structured governance framework and responsible financial management practices. Key strengths include a majority of independent board members and a solid commitment to transparency, with all required policies and procedures documented and accessible.

The organization demonstrates commendable financial health, with a liabilities-to-assets ratio of 47.89% and an impressive program expense ratio of 95.91%. This indicates that a significant portion of their funds is directed towards their programs rather than administrative costs. The presence of an Audit and Oversight Committee further reinforces their commitment to prudent financial oversight and integrity.

As a well-established nonprofit, Mclaren Oakland has no reported issues regarding the diversion of assets, which contributes to its high accountability score. Overall, the organization showcases strong governance and financial management, positioning itself as a reliable choice for donors and stakeholders looking to support impactful initiatives.


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

Is Mclaren Oakland legitimate?

Mclaren Oakland is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mclaren Oakland 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: $887,120
Professional Fundraising Fees: $0
Other Salaries and Wages: $84,080,259

For more financial information, click here


Official website here: www.mclaren.org/oakland

What is the mission statement of Mclaren Oakland?

Mclaren Oakland is dedicated to delivering primary and specialty healthcare services, guided by the principles of osteopathic medicine and the values of integrity, excellence, diversity, and intelligence. Their ultimate goal is to enhance the quality of life and health status of the individuals they serve. Throughout the year, Mclaren Oakland handles over 52,000 emergency visits and offers a range of clinical services including surgeries, medical imaging, physician rehabilitation, substance abuse treatment, and more. They have grown into a comprehensive medical community, providing care to the underprivileged and medically underserved populations. Mclaren Oakland offers accredited residency and fellowship programs across various medical specialties, ensuring the continuous growth and development of their healthcare team.


Official website here: www.mclaren.org/oakland

Who is the CEO of Mclaren Oakland?

Tracey Franovich is the Vp And Chief Medical Officer of Mclaren Oakland. The CEO's salary of Mclaren Oakland is $0 and their total compensation is $0.


Official website here: www.mclaren.org/oakland

What is the revenue of Mclaren Oakland?

Mclaren Oakland's revenue in 2022 was $249,513,378.


Official website here: www.mclaren.org/oakland

Who are the executives of Mclaren Oakland and what are their salaries?

The average compensation at Mclaren Oakland during 2022 was $60,475. There are 1405 employees and 10 volunteers at Mclaren Oakland.


Here are 24 key members and their salaries (Mclaren Oakland's CEO's salary is $0 and their total compensation is $0):


Timothy Kasprzak Md (Vp And Chief Medical Officer)
  • Compensation: $58,264
  • Related: $0
  • Other: $453
James Stephanski Do (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Derrick Mcdonald (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allen Prince Do (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Mbiya (Chairman, Finance Committe)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Dimond (Ceo- Part Year)
  • Compensation: $0
  • Related: $945,686
  • Other: $13,181
Tracey Franovich (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judge Leo Bowman (Member)
  • Compensation: $0
  • Related: $24,000
  • Other: $0
Kevin Ball (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Hain (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacqyeline Spicer (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Palinski (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Grant (Member, Vp & Coo Mclaren Health)
  • Compensation: $0
  • Related: $1,318,290
  • Other: $50,221
Tom Brisse (Member/President Macomb (Part Year))
  • Compensation: $0
  • Related: $1,224,251
  • Other: $41,478
Lynn Marcotte (Vp And Cfo)
  • Compensation: $267,499
  • Related: $0
  • Other: $52,946
Diane Wenninger (Vp And Chief Nursing -Part Year)
  • Compensation: $235,737
  • Related: $0
  • Other: $53,849
Laura Harmon (Vp And Chief Nursing Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Gibbard (Vp Human Resources)
  • Compensation: $0
  • Related: $295,095
  • Other: $29,039
Ashraf Khan Do (Physician)
  • Compensation: $713,632
  • Related: $0
  • Other: $60,376
Sai Bikkina Md (Physician)
  • Compensation: $676,423
  • Related: $0
  • Other: $47,267
Salman Fateh Do (Physician)
  • Compensation: $591,266
  • Related: $0
  • Other: $60,267
Frank Knechtl Do (Physician)
  • Compensation: $551,214
  • Related: $0
  • Other: $40,767
Rana Bilbeisi Do (Physician)
  • Compensation: $482,130
  • Related: $0
  • Other: $36,120
Steven Calkin (Chief Medical Officer- Former)
  • Compensation: $256,725
  • Related: $0
  • Other: $14,130


Official website here: www.mclaren.org/oakland

Where can I find the form 990 for Mclaren Oakland?

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


Official website here: www.mclaren.org/oakland

Learn more at the official website: www.mclaren.org/oakland

Mission Statement of Mclaren Oakland

Mclaren Oakland, a leading healthcare provider, is dedicated to enhancing the quality of life and health status of the people it serves. This organization, founded on the principles of osteopathic medicine and the values of integrity, excellence, diversity, and intelligence, offers primary and specialty healthcare services in Michigan.

Mclaren Oakland's mission is to provide comprehensive medical care that goes beyond the typical scope of primary healthcare. With a commitment to treating and preventing various health conditions, the organization boasts a range of clinical services, including emergency and trauma care, cardiology, cancer services, minimally invasive robotic surgery, and orthopedic services. This extensive range of offerings allows Mclaren Oakland to cater to diverse health needs in its community.

The organization's impact is significant, with more than 52,000 emergency visits recorded during the year. Mclaren Oakland's reach extends beyond its walls, as it houses accredited residency and fellowship programs in various medical fields, such as anesthesiology, diagnostic radiology, emergency medicine, and more. By investing in the next generation of healthcare professionals, Mclaren Oakland ensures that the highest quality of care continues to be available to those it serves.

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Impact




October, 2024

McLaren Oakland significantly enhances the healthcare landscape in the greater Pontiac and Oakland County, Michigan, communities. By providing vital primary and specialty healthcare services, it addresses critical needs in a medically underserved area designated by the U.S. Department of Health and Human Services.

With over 52,000 emergency visits annually, McLaren Oakland serves as a crucial lifeline for residents, offering a comprehensive range of services that include emergency and trauma care, cardiology, cancer services, and minimally invasive robotic surgery. Its commitment to osteopathic principles emphasizes holistic patient care, ensuring that treatment is not only effective but also considers the overall well-being of individuals.

The institution also contributes to medical education through its ACGME accredited residency and fellowship programs in various specialties. This focus on training future healthcare providers ensures the ongoing development of a skilled workforce capable of meeting the health demands of the community.

Located approximately 16 miles north of Detroit, McLaren Oakland's presence bolsters the region's healthcare resources, improves quality of life, and addresses health disparities stemming from high poverty levels and a significant elderly population. Its aspiration to enhance the health status of those it serves reflects a deep commitment to integrity, excellence, diversity, and intelligence in healthcare provision.




This information is meant to be a general summary of Mclaren Oakland. 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
$249,513,378 (2022)
Expenses
$223,712,613 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,616,555
  • Program Service Revenue: $239,463,376
  • Gross Receipts: $250,114,289

Assets and Liabilities:

  • Total Assets: $171,441,981
  • Total Liabilities: $82,113,215
  • Net Assets: $89,328,766

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Programs

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

NET PATIENT REVENUE

Revenue

$227,226,495

PHARMACY 340B CONTRACTS

Revenue

$12,236,881

Organization Details

Founding Year

1953

Principal Officer

Tracey Franovich

Main Address

50 NORTH PERRY STREET, PONTIAC, MI, 48342

NTEE Category

Code: E240 - Health

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