Munson Medical Center
85% goes to programs $7 to raise $100
Munson Medical Center is a 501(c)(3) organization based in Traverse City, Michigan, registered in 1943, with $851,681,224 in FY2023 revenue. CharityIndex grades it A, and it directs about 85% of spending to programs.
1105 Sixth St, Traverse City, MI, 49684 EIN 38-1362830 Since 1943
Revenue (FY2023)
$851.7M
▲ 14.1% vs prior year
Health median: $840K
Expenses (FY2023)
$831.8M
Net assets
$350.4M
Employees
4,363
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 · $7 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 Munson Medical Center: 85% to programs · $7 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating5 mo reserves · +2% 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 Munson Medical Center: 5 mo reserves · +2% 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 Munson Medical Center: 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 Munson Medical Center: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Munson medical center and its partners work together to provide superior quality care and promote community health.
Contact & location
- Address
- 1105 Sixth St, Traverse City, MI, 49684
- City
- Traverse City
- State
- Michigan
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $524.8M (FY2013) to $851.7M (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $95.1MNet assets $350.4M
Operating margin
2.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$445.4M
Total liabilities
$95.1M
Net assets
$350.4M
Salaries & benefits
$318.0M
38% of expenses
Board members
23
17 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $851,681,224▲14.1% | $831,829,916▲8.5% | $350,361,403▲2.7% | $445,423,910▲2.2% | 990 |
| 2022 | $746,553,663▼4.1% | $766,593,955▲5.8% | $341,010,095▼64.6% | $436,005,915▼64.8% | 990 |
| 2021 | $778,067,790▲3.3% | $724,619,492▲10.1% | $964,560,610▲17.1% | $1,237,623,415▼0.2% | 990 |
| 2020 | $752,883,085▲6.9% | $658,232,757▲3.3% | $823,393,437▲29.6% | $1,240,001,316▲10.0% | 990 |
| 2019 | $704,087,969▲7.9% | $637,120,025▲9.3% | $635,330,811▲6.8% | $1,127,601,262▲26.3% | 990 |
| 2017 | $652,747,521▲5.3% | $582,669,211▲4.3% | $594,943,653▲13.0% | $892,577,802▲5.0% | 990 |
| 2016 | $619,792,473▲6.9% | $558,443,731▲7.6% | $526,374,204▲20.4% | $849,904,732▲5.4% | 990 |
| 2015 | $579,815,771▲3.7% | $519,041,502▲6.7% | $437,239,284▼0.3% | $806,302,270▲4.3% | 990 |
| 2014 | $558,991,603▲6.5% | $486,350,414▲3.2% | $438,454,859▲2.8% | $773,218,609▲10.6% | 990 |
| 2013 | $524,796,006 | $471,256,493▲0.6% | $426,384,747▲15.6% | $699,109,815▲8.5% | 990 |
| 2012 | — | $468,225,374▲7.4% | $368,940,936▲34.1% | $644,627,684▲9.8% | 990 |
| 2011 | — | $435,797,549▲2.3% | $275,096,034▼10.1% | $587,352,193▲2.5% | 990 |
| 2010 | — | $425,963,453▲3.6% | $306,008,784▲32.1% | $572,910,970▲8.5% | 990 |
| 2009 | — | $411,313,331 | $231,595,498 | $527,853,976 | 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: Gary Rajah Jr Md — $1,093,361 (0.13% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Gary Rajah Jr Md | Neurosurgeon | 40 | $1,093,361 |
| Thomas Schermerhorn Md | Neurosurgeon | 39 | $955,506 |
| Joel Strehl Do | Surgeon | 40 | $878,461 |
| John Campbell Md | Neurosurgeon | 40 | $864,089 |
| Michael Vanwagner Do | Orthopedic S | 39 | $821,494 |
| Matthew Wille | President Pt | 40 | $541,501 |
| Tamara Putney Rn | Chief Nursin | 40 | $382,999 |
| Alan Conrad | Director | — | — |
| Andy Page | Director | — | — |
| Ben Muladore | Director | — | — |
| Brian Postma | Director | — | — |
| Casey Kandow | Former Vp An | — | — |
| Dave Mengebier | Pt-yr Treasu | — | — |
| David Mccurdy | Director | — | — |
| Dino Recchia Md | Director | — | — |
| Doug Luciani | Director | — | — |
| Edwin A Ness | Director | 2 | — |
| Elaine Wood | Pt-yr Chair | — | — |
| Ellen Smith | President Am | 2 | — |
| Jennifer King | Director | — | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Hallmark Healthcare Solutions | Staffing | $14,259,917 |
| Cardiothoracic Surgeons Gt PC | Medical | $7,361,864 |
| Sound Physicians | Medical | $5,910,264 |
| Bay Area Urology Associates PC | Medical | $4,418,873 |
| Traverse Bay Rad Oncologists | Medical | $4,232,082 |
Grants received · $11.4M total
12 grants to Munson Medical Center totaling $11.4M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Michigan Health and Hospital Association | Grant pass through | 2023 | $2,800,000 |
| American Cancer Society Inc | Patient support | 2023 | $20,000 |
| Michigan Health and Hospital Association | Grant pass through | 2022 | $4,000,000 |
| Michigan Health and Hospital Association | Grant pass through | 2022 | $100,000 |
| Community Foundation For Southeast Michigan | State opioid response | 2022 | $19,440 |
| American Cancer Society Inc | Patient support | 2022 | $10,000 |
| Michigan Health and Hospital Association | Grant pass through | 2021 | $4,000,000 |
| Community Foundation For Southeast Michigan | State opioid response grant | 2021 | $131,421 |
| Michigan Health and Hospital Association | Grant pass through for covid-19 | 2020 | $198,936 |
| Michigan Health and Hospital Association | Grant pass through for covid-19 | 2019 | $26,012 |
| Patient Access Network Foundation | Patient assistance | 2015 | $87,076 |
| Patient Access Network Foundation | Patient assistance | 2014 | $39,330 |
Grants made · $158K in FY2023
1 grant totaling $158K in FY2023. All grants made by Munson Medical Center →
| Recipient | Purpose | Amount |
|---|---|---|
| Traverse Health Clinic & Coalition | Medically underserve | $157,983 |
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Compare Munson Medical Center
Frequently asked questions
- Is Munson Medical Center a legitimate nonprofit?
- Yes. Munson Medical Center is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 38-1362830, based in Traverse City, Michigan. Donations are tax-deductible.
- What is Munson Medical Center's EIN?
- Munson Medical Center's Employer Identification Number (EIN) is 38-1362830.
- How much revenue does Munson Medical Center report?
- Munson Medical Center reported $851,681,224 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Munson Medical Center's spending goes to programs?
- Munson Medical Center spends about 85% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Munson Medical Center have?
- CharityIndex grades Munson Medical Center A, based on program efficiency and fundraising cost.
- How much does Munson Medical Center's highest-paid employee make?
- The highest reported compensation on Munson Medical Center's latest Form 990 is $1,093,361, paid to Gary Rajah Jr Md (Neurosurgeon).
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Data for Munson Medical Center (EIN 38-1362830) 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.