Msu Health Care Inc
88% goes to programs $0 to raise $100
Msu Health Care Inc is a 501(c)(3) organization based in East Lansing, Michigan, registered in 2019, with $120,402,304 in FY2023 revenue. CharityIndex grades it B+, and it directs about 88% of spending to programs.
909 Wilson Rd 421, East Lansing, MI, 48824 EIN 83-2236308 Since 2019
Revenue (FY2023)
$120.4M
▲ 16.6% vs prior year
Health median: $840K
Expenses (FY2023)
$126.5M
Net assets
$15.5M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
AProgram efficiency40% of the rating88% 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 Msu Health Care Inc: 88% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
C+Financial health25% of the rating1 mo reserves · -5% 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 Msu Health Care Inc: 1 mo reserves · -5% margin earns a C+ on this criterion. See the exact thresholds →
AGovernance25% of the rating5 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 Msu Health Care Inc: 5 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 Msu Health Care Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Mission is to deliver a personalized experience; provide a safe environment; train the next generation of clinicians; ensure equitable access; and offer the highest quality care.msu health care as the clinical enterprise of michigan state university's human health colleges' focus is to provide healing and caring, form joint ventures and partnerships and leverage our expansive clinical research and expert educational strengths for our patients.we remain dedicated to the land-grant mission and values of msu, a member of the association of american universities and a top 100 research institution.msu health care was formed to: - focus on healing and caring - form joint ventures and partnerships - leverage our clinical, research and education strengthsduring fye 2024, msu health care provided over 400,000 encounters to patients in the state of michigan.
Contact & location
- Address
- 909 Wilson Rd 421, East Lansing, MI, 48824
- City
- East Lansing
- State
- Michigan
- Category
- Health Care
- Subcategory
- Clinics & Primary Care
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $6.5M (FY2018) to $120.4M (FY2023) across 6 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $27.0MNet assets $15.5M
Operating margin
-5.1%
Spent more than it raised in the latest fiscal year.
Total assets
$42.5M
Total liabilities
$27.0M
Net assets
$15.5M
Salaries & benefits
$32.7M
26% of expenses
Board members
9
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $120,402,304▲16.6% | $126,486,154▲18.8% | $15,516,029▼28.2% | $42,495,868▼3.0% | 990 |
| 2022 | $103,234,906▼4.8% | $106,455,349▼5.5% | $21,599,879▼13.0% | $43,819,384▲5.1% | 990 |
| 2021 | $108,429,887▼6.3% | $112,648,292▼3.5% | $24,820,322▼14.5% | $41,673,304▲14.0% | 990 |
| 2020 | $115,734,137▲34205% | $116,778,524▲11165% | $29,038,727▲419% | $36,553,428▲552% | 990 |
| 2019 | $337,367▼94.8% | $1,036,687▲399% | $5,595,073▼11.1% | $5,605,003▼11.0% | 990 |
| 2018 | $6,502,120 | $207,727 | $6,294,393 | $6,294,393 | 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: Michael Weiner — $387,957 (0.31% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Michael Weiner | Director | 60 | $387,957 |
| Seth Ciabotti | Chief Executive Officer | 60 | $345,990 |
| Nathan Ter Beek | Cfo Msu Hci | 60 | $235,288 |
| Kristine Allen | Chief Nursing Officer | 60 | $230,532 |
| Colleen Hoffman | Radiology Administrator | 50 | $171,453 |
| Sandra Campbell | Chief Pharmacist | 50 | $165,247 |
| Roger Jansen | Chief Strategy Officer | 25 | $145,901 |
| Karen Ross | Director of Finance | 50 | $135,710 |
| Holly Peterson | Asst Radiology Administrator | 50 | $133,067 |
| Christie Daiss | Pharmacist | 50 | $130,701 |
| Andrea Amalfitano | Vice Chair - Part Year | 0.5 | — |
| Ann Sheehan | Director | 0.5 | — |
| Aron Sousa | Vice-chair | 1 | — |
| Jed Magen | Director | 2 | — |
| Joel Greenberg | Treasurer | 2 | — |
| Joyce Dejong | Director | 0.5 | — |
| Leigh Small | Secretary | 1 | — |
| Lisa Frace | Director | 0.5 | — |
| Norman Beauchamp | Chair | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Athena Health Inc | Ehr & Pract Mgmt Software | $2,146,814 |
| George F Eyde Family LLC | Rental Property | $1,029,578 |
| Edward W Sparrow Hospital Association | Leased Staff and Property | $898,444 |
| Sequence Health LLC | Answering Service | $668,911 |
| Ge Precision Healthcare LLC | Equipment Maintenance Service | $648,655 |
Grants made · $10K in FY2022
1 grant totaling $10K in FY2022. All grants made by Msu Health Care Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Izzo Legacy | Support for 2023 izzo legacy race | $10,000 |
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Frequently asked questions
- Is Msu Health Care Inc a legitimate nonprofit?
- Yes. Msu Health Care Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 83-2236308, based in East Lansing, Michigan. Donations are tax-deductible.
- What is Msu Health Care Inc's EIN?
- Msu Health Care Inc's Employer Identification Number (EIN) is 83-2236308.
- How much revenue does Msu Health Care Inc report?
- Msu Health Care Inc reported $120,402,304 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Msu Health Care Inc's spending goes to programs?
- Msu Health Care Inc spends about 88% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Msu Health Care Inc have?
- CharityIndex grades Msu Health Care Inc B+, based on program efficiency and fundraising cost.
- How much does Msu Health Care Inc's highest-paid employee make?
- The highest reported compensation on Msu Health Care Inc's latest Form 990 is $387,957, paid to Michael Weiner (Director).
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Data for Msu Health Care Inc (EIN 83-2236308) 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.