Overview
What is Msu Health Care Inc?
Msu Health Care Inc, established as the clinical enterprise of Michigan State University's College of Human Medicine, College of Nursing, and College of Osteopathic Medicine, is a dedicated non-profit corporation based in East Lansing, Michigan. With a focus on healing and caring, the organization forms joint ventures and partnerships while leveraging its extensive clinical research and expert educational strengths for its patients. As a land-grant institution and a top 100 research institution, Msu Health Care remains committed to the mission of enhancing the health of all communities it serves.
Official website here: www.healthcare.msu.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Stars)
Msu Health Care Inc has achieved an overall score of 80%, which is reflected in its Three-Star rating from Charity Navigator. This rating emphasizes the organization's accountability and financial health, indicating a solid foundation for its operations in the most recent fiscal year, FY2023. The organization has demonstrated strong practices in financial oversight and governance, which are crucial for maintaining donor trust and ensuring effective use of resources.
The nonprofit has excelled in key areas such as its financial statements and the absence of material diversion of assets, scoring full points in several categories, including conflict of interest and whistleblower policies. Additionally, it maintains a robust program expense ratio of 87.19%, indicating that a significant portion of its resources is directed toward its programs and services rather than administrative costs.
However, while the organization has a favorable accountability and finance score, the overall rating is entirely based on this single metric. Future evaluations may benefit from an expanded assessment that includes other aspects such as programmatic impact and community feedback to provide a more comprehensive picture of its effectiveness beyond financial management.
This AI summary has been generated from information found on Charity Navigator.
Is Msu Health Care Inc legitimate?
Msu Health Care Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Msu Health Care Inc 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: $1,149,023
Professional Fundraising Fees: $0
Other Salaries and Wages: $27,365,302
For more financial information, click here
Official website here: www.healthcare.msu.edu
What is the mission statement of Msu Health Care Inc?
MSU Health Care Inc is a non-profit organization dedicated to enhancing the health and well-being of the communities it serves. Established as the clinical enterprise of Michigan State University's College of Human Medicine, College of Nursing, and College of Osteopathic Medicine, MSU Health Care focuses on delivering healing and compassionate care, forming partnerships and joint ventures, and utilizing its extensive clinical research and educational strengths for patients. The organization remains committed to the land-grant mission and values of Michigan State University, a renowned member of the Association of American Universities and a leading research institution.
Official website here: www.healthcare.msu.edu
Who is the CEO of Msu Health Care Inc?
Nathan Ter Beek is the Director (Part Year) of Msu Health Care Inc. The CEO's salary of Msu Health Care Inc is $344,432 and their total compensation is $389,181.
Official website here: www.healthcare.msu.edu
What is the revenue of Msu Health Care Inc?
Msu Health Care Inc's revenue in 2022 was $108,429,887.
Official website here: www.healthcare.msu.edu
Who are the executives of Msu Health Care Inc and what are their salaries?
Here are 21 key members and their salaries (Msu Health Care Inc's CEO's salary is $344,432 and their total compensation is $389,181):
- Compensation: $0
- Related: $1,063,448
- Other: $107,174
- Compensation: $0
- Related: $714,488
- Other: $159,831
- Compensation: $0
- Related: $599,255
- Other: $87,443
- Compensation: $0
- Related: $495,132
- Other: $98,934
- Compensation: $0
- Related: $510,700
- Other: $57,971
- Compensation: $0
- Related: $424,663
- Other: $86,927
- Compensation: $344,432
- Related: $0
- Other: $44,749
- Compensation: $0
- Related: $313,059
- Other: $72,086
- Compensation: $0
- Related: $295,758
- Other: $72,870
- Compensation: $0
- Related: $296,647
- Other: $55,402
- Compensation: $0
- Related: $200,423
- Other: $35,787
- Compensation: $0
- Related: $104,970
- Other: $27,275
- Compensation: $218,148
- Related: $0
- Other: $90,256
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $213,184
- Related: $0
- Other: $56,694
- Compensation: $151,335
- Related: $0
- Other: $40,775
- Compensation: $146,630
- Related: $0
- Other: $18,339
- Compensation: $117,810
- Related: $0
- Other: $39,744
- Compensation: $116,913
- Related: $0
- Other: $28,749
- Compensation: $112,997
- Related: $0
- Other: $23,910
- Compensation: $105,991
- Related: $0
- Other: $37,035
Official website here: www.healthcare.msu.edu
Where can I find the form 990 for Msu Health Care Inc?
Msu Health Care Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.healthcare.msu.edu
Learn more at the official website: www.healthcare.msu.edu
Mission Statement of Msu Health Care Inc
MSU Health Care Inc, a 501(c)(3) non-profit corporation, is dedicated to enhancing the health and wellbeing of all the communities it serves. As the clinical enterprise of Michigan State University's College of Human Medicine, College of Nursing, and College of Osteopathic Medicine, MSU Health Care focuses on healing and caring for patients, forming joint ventures and partnerships, and leveraging its extensive clinical research and expert educational strengths. The organization's mission is threefold: to provide compassionate care, collaborate with external entities, and capitalize on its comprehensive clinical research and educational resources to benefit its patient population.
Established with a land-grant tradition and values of Michigan State University, a member of the Association of American Universities and a top 100 research institution, MSU Health Care is committed to delivering superior healthcare services. It strives to create a healing environment where patients receive the best possible care, and through partnerships, it reinforces its commitment to the health and wellbeing of the communities it serves. By combining its clinical, research, and educational strengths, MSU Health Care aims to provide excellent care, improve health outcomes, and foster a healthier population.
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Impact
October, 2024
Msu Health Care Inc significantly impacts the communities it serves by enhancing healthcare quality and accessibility. As the clinical enterprise of Michigan State University's human health colleges, it is dedicated to healing and caring through patient-centered services. By leveraging extensive clinical research and educational strengths, Msu Health Care not only provides essential medical services but also engages in partnerships and joint ventures that expand its reach and capabilities.
The organization’s commitment to its mission—improving the health of all communities—ensures that a wide range of healthcare needs are addressed. Its integration with Michigan State University's academic resources empowers it to remain at the forefront of innovations in healthcare delivery and education. This strategic positioning allows Msu Health Care to contribute to both local and broader health initiatives, fostering healthier populations and supporting public health efforts.
Furthermore, its status as a top research institution means that Msu Health Care is involved in pioneering medical research, benefiting patients through advanced treatment options, and educating future healthcare professionals. This multifaceted approach not only enhances patient outcomes but also strengthens the health infrastructure of the communities it serves.
This information is meant to be a general summary of Msu Health Care Inc. 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: $93,912
- Program Service Revenue: $99,398,143
- Gross Receipts: $108,558,207
Assets and Liabilities:
- Total Assets: $41,673,304
- Total Liabilities: $16,852,982
- Net Assets: $24,820,322
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SERVICES
Revenue
$67,732,512
PHARMACY REVENUE
Revenue
$15,652,291
CONTRACT FEES
Revenue
$15,506,139
JOINT VENTURE INCOME
Revenue
$256,752
CARE COORDINATION FEES
Revenue
$235,968
Organization Details
Founding Year
2018
Phone
(517) 353-3143Principal Officer
Nathan Ter Beek
Main Address
909 WILSON RD 421, EAST LANSING, MI, 48824
Website
www.healthcare.msu.eduNTEE Category
Code: E30 - Health
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