MCLAREN FLINT

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1981

Legal Domicile

Principal Officer

FRED KORTE

Phone

8103422000

Tax Period

2023-10-01 to 2024-09-30

MCLAREN FLINT, founded in 1981, is a major nonprofit in the Health Care sector that reported $566.7M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $532.5M left a modest 6% surplus.

Mission

MCLAREN HEALTH CARE, THROUGH ITS SUBSIDIARIES, WILL BE MICHIGAN'S BEST VALUE IN HEALTHCARE AS DEFINED BY QUALITY OUTCOMES AND COST.

Program Service Accomplishments

Program 1

Expenses: $400,535,157 Revenue: $552,169,952

PROVISION OF MEDICAL SERVICES FOR THE INPATIENT AND OUTPATIENT CARE OF PERSONS SUFFERING FROM ILLNESS, INJURY, AND DISABILITY; FOR THE PREVENTION OF ILLNESS, INJURY, AND DISABILITY AND FOR THE...

PROVISION OF MEDICAL SERVICES FOR THE INPATIENT AND OUTPATIENT CARE OF PERSONS SUFFERING FROM ILLNESS, INJURY, AND DISABILITY; FOR THE PREVENTION OF ILLNESS, INJURY, AND DISABILITY AND FOR THE MAINTENANCE OF HEALTH. SELECTED ACTIVITY STATISTICS ARE PRESENTED: PATIENT DAYS: 86,804 DISCHARGES: 16,122 EMERGENCY ROOM VISITS: 62,720 BIRTHS: 283

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $7,767,235

Program Service Revenue $552,215,268

Investment Income $4,851,517

Other Revenue $1,840,221

TOTAL REVENUE $566,674,241

Expense Breakdown

Grants Paid $167,017

Salaries & Benefits $266,377,484

Fundraising Expenses $0

Program Expenses $400,535,157

Other Expenses $265,906,797

TOTAL EXPENSES $532,451,298

Year-over-Year Comparison

	2023	2022	Change
Revenue	$566,674,241	$517,909,826	+0.1%
Expenses	$532,451,298	$493,568,377	+0.1%
Net Income	$34,222,943	$24,341,449	+0.4%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

2770

Volunteers

110

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✓ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$3,989,165

Total Directors

$5,792,943

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID MAZURKIEWICZ	TREASURER/MHC CFO	1.00	Officer Director	$0	$41,435	$2,482,024
CHAD GRANT	TRUSTEE/MHC COO	1.00	Director	$0	$44,181	$1,995,480
CHRISTOPHER CANDELA	PRESIDENT/CEO	41.00	Officer Director	$0	$41,900	$1,014,723
LAWRENCE MOON	CHAIRMAN	1.00	Officer Director	$0	$0	$0
SHERRI STEPHENS	VICE-CHAIRMAN	1.00	Officer Director	$0	$0	$0
ELIZABETH MURPHY	SECRETARY	1.00	Officer Director	$0	$0	$0
BEVERLY WALKER-GRIFFEA PHD	TRUSTEE	1.00	Director	$0	$0	$0
BRIAN BHAGAT	TRUSTEE	1.00	Director	$0	$0	$0
BART DAIG	TRUSTEE	1.00	Director	$0	$0	$0
MARK MILLER	TRUSTEE	1.00	Director	$0	$0	$0
GEORGE WILKINSON	TRUSTEE	1.00	Director	$0	$0	$0
KEVIN JOHNSON	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL J MUELLER	TRUSTEE/PHYSICIAN	41.00	Director	$295,362	$0	$300,716
FRED KORTE	CFO	41.00	Officer	$467,171	$25,247	$492,418
AHMED HAMODA	PHYSICIAN HOSPITALIST	40.00	Highest	$543,652	$15,887	$559,539
ALPESH KORANT	PHYSICIAN HOSPITALIST	40.00	Highest	$628,922	$23,548	$652,470
SANDEEP GREWAL	PHYSICIAN	40.00	Highest	$982,793	$38,842	$1,021,635
DAVID EILENDER	PHYSICIAN FACULTY	40.00	Highest	$476,612	$25,834	$502,446
RAVINDER SINGALA	PHYSICIAN HOSPITALIST	40.00	Highest	$549,502	$29,223	$578,725

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$566,674,241	$532,451,298	$604,489,995	$34,222,943
2023	$517,909,826	$493,568,377	$537,802,489	$24,341,449
2023	$517,909,826	$493,568,377	$537,802,489	$24,341,449
2022	$495,700,310	$474,926,319	$518,355,470	$20,773,991
2021	$478,203,752	$460,808,360	$623,993,850	$17,395,392
2020	$464,566,842	$442,488,551	$620,674,315	$22,078,291
2019	$467,908,131	$445,208,527	$506,605,839	$22,699,604
2018	$459,750,078	$432,603,144	$500,673,568	$27,146,934