Overview
What is Munson Healthcare?
Munson Healthcare is a parent company based in Traverse City, Michigan, with an address at 1105 Sixth Street and a ZIP code of 49684. This organization, employing over 1300 individuals, focuses on delivering exceptional healthcare services to the community. By collaborating with partners, Munson Healthcare strives to ensure the highest quality of care and promote overall community health.
Official website here: www.munsonhealthcare.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Munson Healthcare has achieved a high score of 96%, reflecting its strong performance in accountability and finance. This rating is solely based on a comprehensive evaluation of various financial metrics, highlighting the organization's commitment to transparency and effective financial management.
The organization boasts a fully independent board, with an impressive 95% of its members being independent, ensuring unbiased governance. Additionally, Munson Healthcare has demonstrated sound financial practices, including a program expense ratio of 81.68%, indicating that a significant majority of its expenditures directly support its mission-related activities.
Despite its strengths, this overview does not specify any notable limitations or areas needing improvement. Overall, Munson Healthcare's strong financial health and governance practices position it as a reliable nonprofit in the healthcare sector.
This AI summary has been generated from information found on Charity Navigator.
Is Munson Healthcare legitimate?
Munson Healthcare is a legitimate nonprofit organization registered as a 501(c)(3) entity. Munson Healthcare 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: $3,483,889
Professional Fundraising Fees: $0
Other Salaries and Wages: $57,742,018
For more financial information, click here
Official website here: www.munsonhealthcare.org
What is the mission statement of Munson Healthcare?
Munson Healthcare and its associated entities collaborate to deliver top-notch healthcare services and foster community health. Their mission is geared towards providing superior quality care, ensuring the well-being of individuals and the community as a whole. By working together, they aim to establish a healthier and thriving community. Munson Healthcare's network of corporations offers a range of healthcare-related services, all dedicated to advancing the health and well-being of those they serve. Their commitment extends beyond direct patient care to include various community health initiatives.
Official website here: www.munsonhealthcare.org
Who is the CEO of Munson Healthcare?
Edwin A Ness is the President & of Munson Healthcare.
Official website here: www.munsonhealthcare.org
What is the revenue of Munson Healthcare?
Munson Healthcare's revenue in 2022 was $109,457,922.
Official website here: www.munsonhealthcare.org
Who are the executives of Munson Healthcare and what are their salaries?
The average compensation at Munson Healthcare during 2022 was $45,353. There are 1350 employees and 22 volunteers at Munson Healthcare.
Here are 39 key members and their salaries:
- Compensation: $1,193,233
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- Other: $223,158
- Compensation: $607,688
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- Other: $85,269
- Compensation: $574,904
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- Other: $83,286
- Compensation: $529,801
- Related: $0
- Other: $82,494
- Compensation: $528,784
- Related: $0
- Other: $18,309
- Compensation: $462,372
- Related: $0
- Other: $68,793
- Compensation: $441,791
- Related: $0
- Other: $57,039
- Compensation: $423,378
- Related: $0
- Other: $73,495
- Compensation: $410,983
- Related: $0
- Other: $58,357
- Compensation: $398,467
- Related: $0
- Other: $53,402
- Compensation: $368,822
- Related: $0
- Other: $67,951
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Official website here: www.munsonhealthcare.org
Where can I find the form 990 for Munson Healthcare?
Munson Healthcare's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.munsonhealthcare.org
Learn more at the official website: www.munsonhealthcare.org
Mission Statement of Munson Healthcare
Munson Healthcare, a prominent holding company, is dedicated to delivering superior quality healthcare and fostering community health in collaboration with its partners. This mission-driven organization brings together corporations that specialize in healthcare and related services, working in unison to make a positive impact on people's lives.
By leveraging the combined strengths and expertise of its partner corporations, Munson Healthcare aspires to deliver top-notch healthcare services. The organization's primary focus is on enhancing the wellbeing of individuals, ensuring their access to comprehensive, effective, and compassionate care. This commitment extends beyond the clinical setting, as Munson Healthcare recognizes the importance of community health.
Through its various initiatives and partnerships, Munson Healthcare strives to promote overall health and well-being. The organization's team of dedicated professionals collaborate with community organizations, healthcare providers, and local governments to address the unique health needs of diverse populations. By focusing on preventative care, education, and advocacy, Munson Healthcare empowers communities to take control of their health and build healthier futures.
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Impact
October, 2024
Munson Healthcare significantly enhances the well-being of the communities it serves through its commitment to superior quality care and the promotion of community health. By collaborating with various partners, it delivers a comprehensive range of healthcare services that address both immediate medical needs and long-term health outcomes. The organization acts as a parent holding company for several corporations dedicated to health care and related services, ensuring a cohesive approach to patient care.
Located in Traverse City, Michigan, Munson Healthcare plays a pivotal role in shaping local health initiatives, aiming to improve not only individual health but also the overall health of the community. Its focus on quality care and preventive measures fosters a healthier population, making a lasting impact on the lives of residents in the region.
This information is meant to be a general summary of Munson Healthcare. 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: $639,181
- Program Service Revenue: $107,519,168
- Gross Receipts: $115,310,382
Assets and Liabilities:
- Total Assets: $106,124,577
- Total Liabilities: $184,495,607
- Net Assets: -$78,371,030
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT REVENUES
Revenue
$104,737,386
SERVICES TO OTHER ORGANIZATIO
Revenue
$2,271,343
PROVIDER INCENTIVE
Revenue
$405,242
HEALTH SERVICE REVENUE
Revenue
$67,557
CONTRACT REVENUES
Revenue
$37,640
Organization Details
Founding Year
1985
Phone
(231) 935-5000Principal Officer
Edwin A Ness
Main Address
1105 SIXTH STREET, TRAVERSE CITY, MI, 49684
Website
www.munsonhealthcare.orgNTEE Category
Code: E21 - Health
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