Form 990 for tax year 2023
Filed by MACKINAC STRAITS HEALTH FOUNDATION.
Totals
- Total revenue
- $587,901
- Total expenses
- $283,974
- Contributions and grants received
- $484,733
- Grants paid
- $256,848
- Program service revenue
- $0
- Investment income
- $47,036
- Other revenue
- $56,132
- Total assets, end of year
- $1,743,157
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $1,743,157
- Program services expenses (Part IX)
- $256,848
- Management and general expenses
- $7,379
- Fundraising expenses
- $19,747
- Program service expenses (Part III)
- $256,848
Program services were 90.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$70,649
-
1f · All other contributions, gifts and grants
$414,084
-
1g · Noncash contributions included above
$10,051
-
3 · Investment income
total $47,036 · excluded $47,036
-
8a · Fundraising events: gross income
$180,415
-
8a · Fundraising events: contributions included on line 1c
$70,649
-
8b · Fundraising events: direct expenses
$134,933
-
8c · Net income from fundraising events
total $45,482 · excluded $45,482
-
9a · Gaming: gross income
$10,442
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $10,442 · related or exempt $10,442
-
11d · All other revenue
total $208 · excluded $208
-
11e · Other revenue, total
$208
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $256,848 · program services $256,848
-
11c · Fees: accounting
total $2,750 · management and general $2,750
-
11e · Fees: professional fundraising services
total $19,747 · fundraising $19,747
-
11g · Fees: other
total $1,553 · management and general $1,553
-
12 · Advertising and promotion
total $1,020 · management and general $1,020
-
13 · Office expenses
total $1,966 · management and general $1,966
-
16 · Occupancy
total $90 · management and general $90
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,426,587 · end of year $1,638,708
-
3 · Pledges and grants receivable
beginning of year $12,643 · end of year $104,449
-
27 · Net assets without donor restrictions
beginning of year $1,439,230 · end of year $1,743,157
Mission and programs · 2023
Mission
THE ORGANIZATION'S PURPOSE IS TO SUPPORT MACKINAC STRAITS HEALTH SYSTEM IN ORDER TO IMPROVE THE HEALTH STATUS OF THE COMMUNITIES IT SERVES.
Activities or mission (Part I)
TO PROVIDE SUPPORT TO MACKINAC STRAITS HEALTH SYSTEM IN ORDER TO IMPROVE THE HEALTH STATUS OF THE COMMUNITIES IT SERVES.
-
THE ORGANIZATION'S PURPOSE IS TO SUPPORT MACKINAC STRAITS HEALTH SYSTEM IN ORDER TO IMPROVE THE HEALTH STATUS OF THE COMMUNITIES IT SERVES.
Expenses $256,848 · Grants $256,848
As filed on the 2023 return.
Listed in Part VII
-
KAREN CHEESEMAN
TRUSTEE/MSHS CEO
- Total calculated
- $337,727
- From this org
- $0
- From related orgs
- $280,861
- Other
- $56,866
- Hours/week
- 0.7 + 42 related
Schedule J breakdown matched by us
- Base
- $0 + $277,357 related
- Bonus
- $0
- Other
- $0 + $3,504 related
- Deferred
- $0 + $30,478 related
- Nontaxable benefits
- $0 + $26,388 related
- Filer's total
- $0 + $337,727 related
-
JAMES R NORTH
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 0.7 + 4 related
-
MARGARET DOUD
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0.7 + 4 related
-
PRENTISS M BROWN
TREASURER
- Total calculated
- $0
- Hours/week
- 0.7 + 3 related
-
WESLEY H MAURER JR
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.7
-
STEVE AUTORE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.7 + 3 related
-
BRYAN CROSS
TRUSTEE/MMH
- Total calculated
- $0
- Hours/week
- 0.7 + 3 related
-
PATTI ANN MOSKWA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.7
-
ELIZABETH TURF
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.7
-
LYDIA WATSON
TRUSTEE/MMH
- Total calculated
- $0
- Hours/week
- 0.7 + 3 related
-
MICHAEL GRISDALE
EXECUTIVE DIRECTOR
- Total calculated
- $101,178
- From this org
- $0
- From related orgs
- $66,826
- Other
- $34,352
- Hours/week
- 18 + 22 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 3
- THE ORGANIZATION IS REPORTING COMPENSATION PAID OUT BY THEIR RELATED PARTY. ON THE RELATED PARTY'S ACCOMPANYING SCHEDULE J THE FOLLOWING WERE INDICATED: COMPENSATION COMMITTEE WRITTEN EMPLOYMENT CONTRACT COMPENSATION SURVEY OR STUDY APPROVAL BY THE BOARD OF COMPENSATION COMMITTEE
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
MACKINAC STRAITS HEALTH SYSTEM
$256,848
SURGICAL EQUIPMENT & DIAGNOSTIC EQUIPMENT
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
MACKINAC STRAITS HEALTH SYSTEM INC
501(C)(3) · HOSPITAL · MI · controlled entity
Directly controlled by MACKINAC STRAITS AREA HEALTH
-
501(C)(3) · STRATEGIC SUPPORTING ORGANIZATION · MI
Directly controlled by MACKINAC STRAITS HEALTH FOUNDATION
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
C · RETAIL PHARMACY · MI
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 11 February 2025
- IRS schema version
- 2023v6.0
- Source object
- 202540459349300239
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