Overview
What is Munson Healthcare Cadillac?
Munson Healthcare Cadillac is a healthcare provider based in Traverse City, Michigan. With a team of approximately 847 employees, including 95 active medical staff and 24 volunteers, they focus on delivering superior quality care to the residents of Cadillac and its surrounding area. The organization had over 2,600 inpatient admissions and more than 149,000 outpatient visits in fiscal year 2022. Munson Healthcare Cadillac specializes in various medical procedures, managing 5,200 surgeries, 340 obstetrical births, and over 23,200 emergency room visits. The hospital prides itself on serving all patients, regardless of their ability to pay. They have incurred significant expenses related to COVID-19 patient care and other related expenses, totaling approximately $641,000. The establishment's mission is to collaborate with its partners in delivering top-notch healthcare and promoting 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 Cadillac has received an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The organization scored 96% in its overall evaluation, indicating a high level of financial health and transparency. This rating is derived from a comprehensive assessment of various performance metrics, primarily focusing on its accountability practices.
The nonprofit boasts a robust governance structure, with 90% of its board members being independent, ensuring unbiased decision-making. It demonstrates strong fiscal responsibility, reflected in its low liabilities to assets ratio of 30.15%, and a high program expense ratio of 86.66%, which suggests that the majority of its funding is directed towards its programs and services rather than administrative costs. Additionally, it has implemented essential policies such as conflict of interest and whistleblower protections, further showcasing its dedication to ethical practices.
While the data is overwhelmingly positive, it is important for potential donors and stakeholders to remain aware of the evolving landscape of nonprofit performance. Continuous monitoring and improvement in various operational areas are always beneficial, but Munson Healthcare Cadillac appears to be a well-managed organization with a solid track record in financial stewardship and governance.
This AI summary has been generated from information found on Charity Navigator.
Is Munson Healthcare Cadillac legitimate?
Munson Healthcare Cadillac is a legitimate nonprofit organization registered as a 501(c)(3) entity. Munson Healthcare Cadillac 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: $259,001
Professional Fundraising Fees: $0
Other Salaries and Wages: $41,338,358
For more financial information, click here
Official website here: www.munsonhealthcare.org
What is the mission statement of Munson Healthcare Cadillac?
Munson Healthcare Cadillac, in partnership with other entities, strives to deliver top-notch healthcare services and foster community wellbeing. Their mission consists of providing superior quality care to all individuals, regardless of their financial capabilities. In fiscal year 2022, they reported 2,606 inpatient admissions, over 149,000 outpatient visits, more than 5,200 surgical cases, 340 obstetrical births, and over 23,200 emergency room visits. The hospital's commitment to the community is reflected in its acceptance of all patients, regardless of their ability to pay. With approximately 95 active medical staff and 24 volunteers, Munson Healthcare Cadillac allocates significant resources towards patient care, including over $641,000 for COVID-19 expenses.
Official website here: www.munsonhealthcare.org
Who is the CEO of Munson Healthcare Cadillac?
Peter Marinoff is the President of Munson Healthcare Cadillac.
Official website here: www.munsonhealthcare.org
What is the revenue of Munson Healthcare Cadillac?
Munson Healthcare Cadillac's revenue in 2022 was $133,036,721.
Official website here: www.munsonhealthcare.org
Who are the executives of Munson Healthcare Cadillac and what are their salaries?
The average compensation at Munson Healthcare Cadillac during 2022 was $49,111. There are 847 employees and 24 volunteers at Munson Healthcare Cadillac.
Here are 47 key members and their salaries:
- Compensation: $0
- Related: $1,193,233
- Other: $223,158
- Compensation: $726,068
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- Other: $49,556
- Compensation: $735,925
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- Other: $39,364
- Compensation: $0
- Related: $607,688
- Other: $85,269
- Compensation: $0
- Related: $529,801
- Other: $82,494
- Compensation: $558,294
- Related: $0
- Other: $33,948
- Compensation: $535,052
- Related: $18,303
- Other: $34,787
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- Related: $528,784
- Other: $18,309
- Compensation: $486,975
- Related: $0
- Other: $38,273
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- Related: $368,822
- Other: $67,951
- Compensation: $0
- Related: $356,026
- Other: $55,923
- Compensation: $0
- Related: $318,314
- Other: $58,047
- Compensation: $0
- Related: $329,713
- Other: $31,694
- Compensation: $218,513
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Official website here: www.munsonhealthcare.org
Where can I find the form 990 for Munson Healthcare Cadillac?
Munson Healthcare Cadillac'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 Cadillac
Munson Healthcare Cadillac, a dedicated healthcare provider, strives to collaborate with its partners to deliver excellent care and foster community health. Its mission is twofold: first, to provide superior quality care to the residents of Michigan and surrounding areas, and second, to promote overall community health.
Through its endeavors, Munson Healthcare Cadillac has made a significant impact on the community. In Fiscal Year 2022, the healthcare facility recorded 2,606 inpatient admissions, over 149,000 outpatient visits, and served more than 5,200 surgical cases, 340 obstetrical births, and over 23,200 emergency room visits. Despite the financial implications of these services, Munson Healthcare Cadillac remains dedicated to accepting all patients, regardless of their ability to pay.
The hospital's team comprises approximately 95 active medical staff members and 24 volunteers, all working diligently to ensure the wellbeing of their patients. As part of its commitment to providing comprehensive care, Munson Healthcare Cadillac allocated over $641,000 towards COVID-19 expenses, which included patient care and related costs. The hospital's dedication to community health goes beyond individual patient care, with a focus on overall wellbeing, ensuring that Munson Healthcare Cadillac remains a beacon of hope and healing for those in need.
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Impact
October, 2024
Munson Healthcare Cadillac significantly impacts the health and well-being of residents in Cadillac, Michigan, and the surrounding areas. The facility provides superior quality care through a collaborative effort with its partners, focusing on promoting community health. In the fiscal year 2022, the hospital demonstrated its vital role in the community by accommodating 2,606 inpatient admissions and over 149,000 outpatient visits, addressing a wide spectrum of healthcare needs.
Munson Healthcare Cadillac plays a crucial role in emergency care, handling more than 23,200 emergency room visits, and facilitating extensive surgical services with over 5,200 cases treated. The hospital also supports maternal health by conducting 340 obstetrical births, ensuring families receive essential support during critical life events.
The facility's commitment to inclusivity ensures that all patients are welcomed, regardless of their ability to pay. The active medical staff comprises approximately 95 professionals, bolstered by 24 dedicated volunteers, working together to deliver quality healthcare. Furthermore, the hospital's response to the COVID-19 pandemic underscores its dedication, with over $641,000 invested in patient care and related expenses.
Overall, Munson Healthcare Cadillac stands as a pillar of health in the community, ensuring access to critical medical services and promoting the well-being of its residents.
This information is meant to be a general summary of Munson Healthcare Cadillac. 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: $5,322
- Program Service Revenue: $125,859,148
- Gross Receipts: $142,326,638
Assets and Liabilities:
- Total Assets: $79,589,718
- Total Liabilities: $39,019,042
- Net Assets: $40,570,676
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDICARE AND MEDICAID PMTS
Revenue
$71,036,248
PATIENT SERVICE REVENUE
Revenue
$51,946,192
340B PRESCRIPTION REVENUE
Revenue
$2,135,209
QUALITY INCENTIVE PAYMENTS
Revenue
$687,945
RENT FROM CHILDREN'S CENTER
Revenue
$48,000
Organization Details
Founding Year
2014
Phone
(231) 935-5000Principal Officer
Peter Marinoff
Main Address
1105 SIXTH STREET, TRAVERSE CITY, MI, 49684
Website
www.munsonhealthcare.orgNTEE Category
Code: E20 - Health
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