Overview
What is Mclaren Northern Michigan?
Mclaren Northern Michigan is a nonprofit organization located at 416 Connable Avenue in Petoskey, Michigan (zip code 49770). With a team of 1,515 employees, they specialize in the treatment and diagnosis of cardiac diseases, having handled 10,186 cases to date. Mclaren Health Care, through its subsidiaries, aspires to be the epitome of value in healthcare, defined by both superior quality outcomes and cost efficiency.
Official website here: www.mclaren.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating) from Charity Navigator.
Mclaren Northern Michigan has received a commendable Three-Star rating, indicating strong accountability and financial management. The charity excels in areas such as having a majority of independent board members, a well-structured audit and oversight committee, and a comprehensive set of policies for conflict of interest and whistleblower protection. These strengths contribute to its high score in accountability and finance, reflecting a commitment to transparency and responsible governance.
The organization maintains a solid program expense ratio of 69.27%, suggesting that a significant portion of its budget is allocated to its programs rather than administrative costs. Additionally, the absence of material diversions of assets reinforces its reliability as a nonprofit. The structured documentation practices, including meeting minutes and policy listings, further enhance its accountability profile.
However, there is a notable area for improvement concerning the liabilities to assets ratio, currently at 59.19%. This indicates that while Mclaren Northern Michigan is managing its finances well, it may benefit from strategies to reduce liabilities relative to its assets. Overall, the nonprofit demonstrates a robust framework for accountability and finance, contributing positively to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Mclaren Northern Michigan legitimate?
Mclaren Northern Michigan is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mclaren Northern Michigan 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: $1,527,441
Professional Fundraising Fees: $0
Other Salaries and Wages: $82,020,117
For more financial information, click here
Official website here: www.mclaren.org
What is the mission statement of Mclaren Northern Michigan?
Mclaren Northern Michigan is committed to being the epitome of value in healthcare, as measured by both quality outcomes and cost. Through its subsidiaries, this healthcare organization aspires to lead the industry in delivering superior care. The scope of their services encompasses the diagnosis and treatment of cardiac diseases, with a caseload of approximately 10,186 cases. Their mission is geared towards enhancing patient experiences while minimizing healthcare expenses.
Official website here: www.mclaren.org
Who is the CEO of Mclaren Northern Michigan?
Todd Burch is the CEO of Mclaren Northern Michigan The CEO's salary of Mclaren Northern Michigan is $0 and their total compensation is $767,867.
Official website here: www.mclaren.org
What is the revenue of Mclaren Northern Michigan?
Mclaren Northern Michigan's revenue in 2023 was $271,607,269.
Official website here: www.mclaren.org
Who are the executives of Mclaren Northern Michigan and what are their salaries?
The average compensation at Mclaren Northern Michigan during 2023 was $60,020. There are 1392 employees and 21 volunteers at Mclaren Northern Michigan.
Here are 30 key members and their salaries (Mclaren Northern Michigan's CEO's salary is $0 and their total compensation is $767,867):
- Compensation: $0
- Related: $630,578
- Other: $137,289
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $28,000
- Other: $0
- Compensation: $0
- Related: $1,580,849
- Other: $36,868
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $428,982
- Related: $0
- Other: $34,731
- Compensation: $321,164
- Related: $0
- Other: $25,234
- Compensation: $250,702
- Related: $0
- Other: $12,349
- Compensation: $218,636
- Related: $0
- Other: $16,959
- Compensation: $0
- Related: $193,268
- Other: $25,410
- Compensation: $156,419
- Related: $0
- Other: $23,514
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $229,311
- Related: $0
- Other: $22,307
- Compensation: $197,118
- Related: $0
- Other: $15,047
- Compensation: $168,273
- Related: $0
- Other: $18,956
- Compensation: $160,253
- Related: $0
- Other: $15,358
- Compensation: $155,783
- Related: $0
- Other: $5,466
- Compensation: $299,425
- Related: $0
- Other: $17,340
- Compensation: $256,532
- Related: $0
- Other: $11,386
Official website here: www.mclaren.org
Where can I find the form 990 for Mclaren Northern Michigan?
Mclaren Northern Michigan's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mclaren.org
Learn more at the official website: www.mclaren.org
Mission Statement of Mclaren Northern Michigan
Mclaren Northern Michigan, a subsidiary of Mclaren Health Care, aspires to be the epitome of value in healthcare, as measured by both quality outcomes and cost. The organization is dedicated to delivering superior healthcare services, particularly in the treatment and diagnosis of cardiac diseases, with a recorded total of 10,186 cases.
In pursuit of this mission, Mclaren Northern Michigan strives to provide the finest healthcare solutions that balance effectiveness and affordability. By prioritizing both quality outcomes and cost, the organization aims to set the standard for healthcare excellence.
The cardiac disease treatment and diagnosis pillar of Mclaren Northern Michigan's operations is a testament to their commitment to delivering top-notch healthcare services. With a impressive caseload of 10,186 cases, the organization demonstrates its expertise and dedication to addressing cardiac health concerns. Through innovative approaches and advanced techniques, the team at Mclaren Northern Michigan is committed to ensuring the best possible outcomes for their patients.
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Impact
October, 2024
Mclaren Northern Michigan has made a significant impact on community health, particularly through its focus on cardiac care. With 10,186 cases of diagnosis and treatment of cardiac disease, it addresses a critical health need in the region. By striving to deliver the best value in healthcare, Mclaren Northern Michigan emphasizes not only quality outcomes but also cost-effectiveness, ensuring that residents have access to high-quality medical services. Their commitment to improving healthcare outcomes contributes to better overall health for the community, while also supporting a sustainable healthcare system.
This information is meant to be a general summary of Mclaren Northern Michigan. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $1,740,370
- Program Service Revenue: $254,721,562
- Gross Receipts: $272,527,529
Assets and Liabilities:
- Total Assets: $411,971,616
- Total Liabilities: $243,850,868
- Net Assets: $168,120,748
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SERVICE REV
Revenue
$254,321,875
RELATED-PARTY RENT
Revenue
$399,687
Organization Details
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