Mackinac Straits Health System Inc
82% goes to programs $0 to raise $100 Growing revenue
Mackinac Straits Health System Inc is a 501(c)(3) organization based in Saint Ignace, Michigan, registered in 2007, with $89,986,524 in FY2024 revenue. CharityIndex grades it A, and it directs about 82% of spending to programs.
1140 N State St, Saint Ignace, MI, 49781 EIN 20-8756459 Since 2007
Revenue (FY2024)
$90.0M
▲ 12.0% vs prior year
Health median: $840K
Expenses (FY2024)
$77.9M
Net assets
$9.8M
Employees
448
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating82% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Mackinac Straits Health System Inc: 82% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
BFinancial health25% of the rating2 mo reserves · +13% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Mackinac Straits Health System Inc: 2 mo reserves · +13% margin earns a B on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Mackinac Straits Health System Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Mackinac Straits Health System Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Mackinac straits health system will be a destination health system, delivering the best care and investing in community wellness.
Contact & location
- Address
- 1140 N State St, Saint Ignace, MI, 49781
- City
- Saint Ignace
- State
- Michigan
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $31.4M (FY2013) to $90.0M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $65.4MNet assets $9.8M
Operating margin
13.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$75.2M
Total liabilities
$65.4M
Net assets
$9.8M
Salaries & benefits
$36.4M
47% of expenses
Board members
15
12 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $89,986,524▲12.0% | $77,925,935▲8.5% | $9,795,407▲739% | $75,206,076▲20.7% | 990 |
| 2023 | $80,377,937▲16.0% | $71,831,353▲11.1% | -$1,532,507▲83.0% | $62,319,791▲13.6% | 990 |
| 2022 | $69,313,339▲3.0% | $64,654,395▲8.1% | -$9,020,856▲26.5% | $54,852,998▼1.8% | 990 |
| 2021 | $67,265,328▲14.2% | $59,793,210▲11.2% | -$12,279,454▲40.8% | $55,869,740▲6.3% | 990 |
| 2020 | $58,908,352▲12.7% | $53,750,704▲3.3% | -$20,732,351▲14.3% | $52,539,258▲22.9% | 990 |
| 2019 | $52,270,622▲8.8% | $52,028,895▲9.3% | -$24,197,435▼7.9% | $42,754,641▲0.6% | 990 |
| 2018 | $48,061,161▲1.6% | $47,606,997▲4.0% | -$22,424,101▼2.8% | $42,516,020▼4.0% | 990 |
| 2017 | $47,324,991▲12.3% | $45,756,131▲9.3% | -$21,812,414▲4.1% | $44,273,471▲3.4% | 990 |
| 2016 | $42,130,542▲2.5% | $41,853,566 | -$22,735,465▼1.5% | $42,819,542▼6.8% | 990 |
| 2015 | $41,119,048▲17.6% | $41,850,026▼1.4% | -$22,409,028▼13.6% | $45,940,916▼8.4% | 990 |
| 2014 | $34,963,794▲11.2% | $42,427,106▲16.7% | -$19,729,920▼68.3% | $50,127,033▲5.4% | 990 |
| 2013 | $31,436,012 | $36,356,886▲13.9% | -$11,724,892▼35.1% | $47,557,933▼1.1% | 990 |
| 2012 | — | $31,908,433▲3.0% | -$8,676,313▼34.4% | $48,107,655▼0.6% | 990 |
| 2011 | — | $30,981,382▲32.7% | -$6,454,247▼752% | $48,421,691▲1.3% | 990 |
| 2009 | — | $23,355,356 | $989,276 | $47,822,221 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: John Moffat — $597,047 (0.77% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| John Moffat | Vice Chief of Staff & Physician | 40 | $597,047 |
| Susan Strich | Post Chief of Staff | 40 | $471,301 |
| Matthew Bowes | Physician | 40 | $416,698 |
| Amy Bolmer | Physician | 40 | $380,579 |
| David Bouslough | Physician | 40 | $349,484 |
| Gregory Hessler | Physician | 40 | $327,076 |
| Marvyn Neri | Physician | 40 | $319,988 |
| Karen Cheeseman | Ceo | 40 | $310,874 |
| Jason Anderson | Cfo | 40 | $150,442 |
| Bryan Cross | Board Member | 1 | — |
| Christine Mcpherson | Board Member | 1 | — |
| James North | Board Member | 1 | — |
| Loretta Leja | Post Chief of Staff/physician (thru 4/2024) | 40 | — |
| Lydia Watson | Board Member | 1 | — |
| Margaret Doud | Secretary of Board | 1 | — |
| Mark Elmblad | Treasurer of the Board | 1 | — |
| Patrick Shannon | Vice Chairman of Board | 1 | — |
| Prentiss Brown | Board Member | 1 | — |
| Rd Musser III | Board Member | 1 | — |
| Richard Smith | Board Member | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Clark Construction Company | Construction | $8,581,456 |
| Anatomy It LLC | I.t. Services | $1,155,575 |
| Northern Mi Emerg Phys | Er Physicians | $1,033,879 |
| Daniel K Wilcox Md PC | Orthopedist | $895,080 |
| Mgh Lab | Laboratory Services | $615,749 |
Grants received · $790K total
4 grants to Mackinac Straits Health System Inc totaling $790K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Michigan Health and Hospital Association | Grant pass through | 2022 | $500,000 |
| Michigan Health and Hospital Association | Grant pass through | 2021 | $250,000 |
| Michigan Health and Hospital Association | Grant pass through for covid-19 | 2020 | $32,730 |
| Patient Access Network Foundation | Patient assistance | 2014 | $6,945 |
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Frequently asked questions
- Is Mackinac Straits Health System Inc a legitimate nonprofit?
- Yes. Mackinac Straits Health System Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 20-8756459, based in Saint Ignace, Michigan. Donations are tax-deductible.
- What is Mackinac Straits Health System Inc's EIN?
- Mackinac Straits Health System Inc's Employer Identification Number (EIN) is 20-8756459.
- How much revenue does Mackinac Straits Health System Inc report?
- Mackinac Straits Health System Inc reported $89,986,524 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Mackinac Straits Health System Inc's spending goes to programs?
- Mackinac Straits Health System Inc spends about 82% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Mackinac Straits Health System Inc have?
- CharityIndex grades Mackinac Straits Health System Inc A, based on program efficiency and fundraising cost.
- How much does Mackinac Straits Health System Inc's highest-paid employee make?
- The highest reported compensation on Mackinac Straits Health System Inc's latest Form 990 is $597,047, paid to John Moffat (Vice Chief of Staff & Physician).
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Data for Mackinac Straits Health System Inc (EIN 20-8756459) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.