Mclaren Lapeer Region
85% goes to programs $0 to raise $100 Strong reserves
Mclaren Lapeer Region is a 501(c)(3) organization based in Lapeer, Michigan, registered in 1986, with $164,161,218 in FY2023 revenue. CharityIndex grades it A, and it directs about 85% of spending to programs.
1375 N Main St, Lapeer, MI, 48446 EIN 38-2689033 Since 1986
Revenue (FY2023)
$164.2M
▲ 12.4% vs prior year
Health median: $840K
Expenses (FY2023)
$149.9M
Net assets
$121.2M
Employees
1,051
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 rating85% 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 Mclaren Lapeer Region: 85% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating10 mo reserves · +9% 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 Mclaren Lapeer Region: 10 mo reserves · +9% margin earns a A 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 Mclaren Lapeer Region: 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 Mclaren Lapeer Region: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Provide health care services to the community and provide various health promotion events.
Contact & location
- Address
- 1375 N Main St, Lapeer, MI, 48446
- City
- Lapeer
- State
- Michigan
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $125.4M (FY2013) to $164.2M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $58.2MNet assets $121.2M
Operating margin
8.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$179.4M
Total liabilities
$58.2M
Net assets
$121.2M
Salaries & benefits
$65.3M
44% of expenses
Board members
8
6 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $164,161,218▲12.4% | $149,928,749▲8.2% | $121,158,250▲28.1% | $179,364,862▲15.1% | 990 |
| 2022 | $146,031,483▲4.3% | $138,584,118▲1.0% | $94,594,103▲17.3% | $155,839,311▲7.0% | 990 |
| 2021 | $140,060,439▼7.6% | $137,171,020▼0.8% | $80,673,683▼16.2% | $145,655,448▼18.5% | 990 |
| 2020 | $151,502,680▲10.0% | $138,334,396▲10.2% | $96,251,172▲45.5% | $178,724,124▲6.7% | 990 |
| 2019 | $137,740,091▲0.2% | $125,546,066▲0.6% | $66,156,727▲26.0% | $167,479,396▲44.6% | 990 |
| 2018 | $137,459,389▲3.5% | $124,761,479▲3.2% | $52,510,827▼3.0% | $115,832,993▲5.3% | 990 |
| 2017 | $132,873,007▲4.8% | $120,924,239▲3.1% | $54,137,465▲46.8% | $109,997,622▲15.5% | 990 |
| 2016 | $126,785,088▲3.2% | $117,239,540▼0.4% | $36,889,470▲101% | $95,242,678▲9.0% | 990 |
| 2015 | $122,852,566▲2.6% | $117,684,226▼1.3% | $18,327,593▲0.2% | $87,359,153▲6.0% | 990 |
| 2014 | $119,782,218▼4.5% | $119,293,005▼2.4% | $18,289,883▼44.9% | $82,444,035▼7.8% | 990 |
| 2013 | $125,413,147 | $122,273,575▲6.1% | $33,216,232▲2.5% | $89,449,568▼1.2% | 990 |
| 2012 | — | $115,280,551▲6.3% | $32,412,573▲169% | $90,581,674▲8.0% | 990 |
| 2011 | — | $108,416,430▲3.5% | $12,029,007▲15.5% | $83,842,310▲4.8% | 990 |
| 2010 | — | $104,699,762▲12.6% | $10,410,621▼32.0% | $79,998,552▼3.8% | 990 |
| 2009 | — | $93,012,497 | $15,320,960 | $83,163,362 | 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 (FY2023)
Highest-paid: Mohammed Siddiqui — $439,353 (0.29% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Mohammed Siddiqui | Physician-hospitalist | 40 | $439,353 |
| Myroslav Harhula | Physician-hospitalist | 40 | $426,232 |
| Joseph Zajchowski | Cmo | 40 | $376,110 |
| Mary Spanke | V.p Patient Care Srv's Cno | 40 | $231,462 |
| Albana Amanda Camaj | Physician-hospitalist | 40 | $191,392 |
| Kent Allen | H.r. Director | 40 | $169,450 |
| Joseph W Felton | Pharmacist | 40 | $160,820 |
| Tiffany Davis | V.p. & Cfo | 41 | $61,848 |
| Chad Grant | Trustee/mclaren Coo | 1 | — |
| Dr Kenneth Tarr | Vice Chairman | 1 | — |
| D Wesley Smith | Trustee | 1 | — |
| Fred Korte | Regional Cfo | 20 | — |
| Hon Justus Scott | Chairman | 1 | — |
| Majed Nounou Md | Medical Chief of Staff | 1 | — |
| Michael Burke | Trustee | 1 | — |
| Neena Sharma Md | Medical Chief of Staff - Part Year | 1 | — |
| Rick Burrough | Trustee | 1 | — |
| Robert Riehl | Trustee | 1 | — |
| Tim Vargas | President and Ceo | 41 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Anesthesia Associates of Ann Arbor Pllc | Physician Services | $3,313,190 |
| Morrison Mgmt Specialists Inc | Staffing Services | $1,621,423 |
| Advanced Psychiatric Services Pllc | Physician Services | $638,000 |
| Hcs Group | Staffing Services | $268,581 |
| Michigan Head & Spine Institute PC | Physician Services | $240,000 |
Grants received · $122K total
4 grants to Mclaren Lapeer Region totaling $122K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $12,250 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $12,250 |
| Michigan Health and Hospital Association | Grant pass through for covid-19 | 2020 | $84,930 |
| Michigan Health and Hospital Association | Grant pass through for covid-19 | 2019 | $12,846 |
Grants made · $30K in FY2023
1 grant totaling $30K in FY2023. All grants made by Mclaren Lapeer Region →
| Recipient | Purpose | Amount |
|---|---|---|
| Mclaren Lapeer Region Foundation | Support of foundation | $29,847 |
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Frequently asked questions
- Is Mclaren Lapeer Region a legitimate nonprofit?
- Yes. Mclaren Lapeer Region is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 38-2689033, based in Lapeer, Michigan. Donations are tax-deductible.
- What is Mclaren Lapeer Region's EIN?
- Mclaren Lapeer Region's Employer Identification Number (EIN) is 38-2689033.
- How much revenue does Mclaren Lapeer Region report?
- Mclaren Lapeer Region reported $164,161,218 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Mclaren Lapeer Region's spending goes to programs?
- Mclaren Lapeer Region spends about 85% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Mclaren Lapeer Region have?
- CharityIndex grades Mclaren Lapeer Region A, based on program efficiency and fundraising cost.
- How much does Mclaren Lapeer Region's highest-paid employee make?
- The highest reported compensation on Mclaren Lapeer Region's latest Form 990 is $439,353, paid to Mohammed Siddiqui (Physician-hospitalist).
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Data for Mclaren Lapeer Region (EIN 38-2689033) 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.