Overview
What is Mackinac Island Medical Center?
Mackinac Island Medical Center is a vital nonprofit organization situated on Mackinac Island, Michigan. Their primary mission is to secure funding for essential healthcare services catering to the local residents. The center supports the operation and maintenance of a general healthcare facility, ensuring the wellbeing of the island's inhabitants. By providing financial assistance, the Medical Center plays a crucial role in ensuring accessible and affordable healthcare for the community.
Official website here: www.mackinacstraitshealth.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star Rating
Mackinac Island Medical Center has received an 81% rating from Charity Navigator, which translates to a Three-Star rating. This score is derived solely from its accountability and finance metrics, indicating a strong level of financial health and transparency in its operations.
The organization demonstrates exceptional governance practices, with a fully independent board consisting of six members. Additionally, it has no issues with material diversion of assets and adheres to policies regarding conflicts of interest, whistleblower protections, and document retention, all of which contribute positively to its accountability score. Furthermore, the center maintains a low liabilities to assets ratio, showcasing its fiscal responsibility.
One notable strength is the high program expense ratio of 98.58%, indicating that the vast majority of resources are dedicated directly to its programs rather than administrative costs. This reinforces the organization’s commitment to its mission. However, while the rating highlights strong financial practices, further qualitative assessments of program impact could provide a more comprehensive view of the charity's effectiveness in serving the community.
This AI summary has been generated from information found on Charity Navigator.
Is Mackinac Island Medical Center legitimate?
Mackinac Island Medical Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mackinac Island Medical Center 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
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Official website here: www.mackinacstraitshealth.org
What is the mission statement of Mackinac Island Medical Center?
The Mackinac Island Medical Center's mission is centered around advocating for the funding of essential health care services for its community members. In essence, the center aims to ensure the operational and maintenance of a comprehensive healthcare facility, catering to the resident population of Mackinac Island. By doing so, the center contributes significantly to the well-being and health of the community, ensuring they have accessible and reliable healthcare services at their disposal.
Official website here: www.mackinacstraitshealth.org
Who is the CEO of Mackinac Island Medical Center?
Margaret M Doud is the Chairperson of Mackinac Island Medical Center.
Official website here: www.mackinacstraitshealth.org
What is the revenue of Mackinac Island Medical Center?
Mackinac Island Medical Center's revenue in 2022 was $671,821.
Official website here: www.mackinacstraitshealth.org
Who are the executives of Mackinac Island Medical Center and what are their salaries?
There 7 volunteers at Mackinac Island Medical Center.
Here are 7 key members and their salaries:
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Official website here: www.mackinacstraitshealth.org
Where can I find the form 990 for Mackinac Island Medical Center?
Mackinac Island Medical Center'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 Island Medical Center
Mackinac Island Medical Center is committed to supporting the funding of essential healthcare services for its local residents. Through its mission, the center seeks to ensure the operation and maintenance of a comprehensive healthcare facility, catering to the medical needs of the residents of Mackinac Island. This nonprofit organization plays a vital role in safeguarding the health and well-being of its community by providing necessary financial backing for their healthcare services.
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Impact
July, 2024
The impact of Mackinac Island Medical Center is significant in providing essential healthcare services to the residents of Mackinac Island. By supporting the funding, operation, and maintenance of a general healthcare facility, the center plays a crucial role in ensuring that residents have access to necessary medical services in their community. This not only contributes to the overall health and well-being of the island's residents but also fosters a sense of security and support within the community. The center's efforts align with its mission to support healthcare services for residents, making it a vital resource for the community's health needs.
This information is meant to be a general summary of Mackinac Island Medical Center. 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 2022.
- Investment Income: $985
- Gross Receipts: $682,554
Assets and Liabilities:
- Total Assets: $1,927,462
- Total Liabilities: $0
- Net Assets: $1,927,462
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Organization Details
Founding Year
1977
Phone
(906) 847-3582Principal Officer
Margaret M Doud
Main Address
PO BOX 536, MACKINAC ISLAND, MI, 49757
NTEE Category
Code: E22Z - Health
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