Skip to content
Nonprofiteer
← MSU HEALTH CARE INC

Form 990 for tax year 2023

Filed by MSU HEALTH CARE INC.

Totals

Total revenue
$120,402,304
Total expenses
$126,486,154
Contributions and grants received
$10,783,140
Grants paid
$10,239
Program service revenue
$109,246,681
Investment income
$363,044
Other revenue
$9,439
Total assets, end of year
$42,495,868
Total liabilities, end of year
$26,979,839
Net assets or fund balances, end of year
$15,516,029
Program services expenses (Part IX)
$111,466,117
Management and general expenses
$15,011,340
Fundraising expenses
$8,697
Program service expenses (Part III)
$111,466,117

Program services were 88.1% 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.

  • 1d · Related organizations

    $10,779,140

  • 1f · All other contributions, gifts and grants

    $4,000

  • 2a · Program service revenue: PATIENT SERVICES

    total $60,931,684 · related or exempt $60,931,684

  • 2b · Program service revenue: CONTRACT FEES

    total $20,949,676 · related or exempt $20,949,676

  • 2c · Program service revenue: PHARMACY REVENUE

    total $19,564,575 · related or exempt $19,564,575

  • 2d · Program service revenue: JOINT VENTURE INCOME

    total $3,315,883 · related or exempt $3,315,883

  • 2e · Program service revenue: PAY FOR PERFORMANCE

    total $3,048,852 · related or exempt $3,048,852

  • 2f · All other program service revenue

    total $1,436,011 · related or exempt $1,436,011

  • 3 · Investment income

    total $363,044 · excluded $363,044

  • 6a · Gross rents

    real property $9,439

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $9,439

  • 6d · Net rental income or loss

    total $9,439 · excluded $9,439

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $10,239 · program services $10,239

  • 5 · Compensation of officers, directors and key employees

    total $1,373,723 · management and general $1,373,723

  • 7 · Other salaries and wages

    total $31,208,764 · program services $24,761,947 · management and general $6,446,817

  • 9 · Other employee benefits

    total $103,484 · program services $24,380 · management and general $79,104

  • 11b · Fees: legal

    total $323,003 · management and general $323,003

  • 11c · Fees: accounting

    total $132,619 · management and general $132,619

  • 11g · Fees: other

    total $3,396,961 · program services $2,086,626 · management and general $1,301,638 · fundraising $8,697

  • 12 · Advertising and promotion

    total $836,509 · program services $12,622 · management and general $823,887

  • 13 · Office expenses

    total $672,590 · program services $380,589 · management and general $292,001

  • 14 · Information technology

    total $5,773,061 · program services $2,500,134 · management and general $3,272,927

  • 16 · Occupancy

    total $389,711 · program services $333,154 · management and general $56,557

  • 17 · Travel

    total $73,796 · program services $20,556 · management and general $53,240

  • 19 · Conferences, conventions and meetings

    total $45,009 · program services $12,396 · management and general $32,613

  • 20 · Interest

    total $616,280 · program services $616,280

  • 21 · Payments to affiliates

    total $50,578,903 · program services $50,578,903

  • 22 · Depreciation, depletion and amortization

    total $3,195,398 · program services $2,811,737 · management and general $383,661

  • 23 · Insurance

    total $1,714,748 · program services $1,714,748

  • 24a · Other expenses: MEDICAL SUPPLIES

    total $21,946,327 · program services $21,946,327

  • 24b · Other expenses: BAD DEBT EXPENSE

    total $1,396,424 · program services $1,396,424

  • 24c · Other expenses: FURNITURE & EQUIPMENT M

    total $1,353,121 · program services $913,571 · management and general $439,550

  • 24d · Other expenses: INTERGOVERMENTAL TRANSF

    total $1,345,484 · program services $1,345,484

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $524,164 · end of year $520,451

  • 2 · Savings and temporary cash investments

    beginning of year $7,975,306 · end of year $8,258,871

  • 4 · Accounts receivable

    beginning of year $11,798,894 · end of year $12,660,959

  • 8 · Inventories for sale or use

    beginning of year $803,678 · end of year $624,072

  • 9 · Prepaid expenses and deferred charges

    beginning of year $534,376 · end of year $242,338

  • 10a · Land, buildings and equipment: cost or other basis

    $17,310,846

  • 10b · Land, buildings and equipment: accumulated depreciation

    $9,743,655

  • 10c · Land, buildings and equipment, net

    beginning of year $8,461,277 · end of year $7,567,191

  • 13 · Investments: program-related

    beginning of year $12,206,747 · end of year $11,422,630

  • 15 · Other assets

    beginning of year $1,514,942 · end of year $1,199,356

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,054,431 · end of year $2,482,413

  • 19 · Deferred revenue

    beginning of year $2,000 · end of year $5,000

  • 25 · Other liabilities

    beginning of year $20,163,074 · end of year $24,492,426

  • 27 · Net assets without donor restrictions

    beginning of year $21,599,879 · end of year $15,516,029

Mission and programs · 2023

Mission

WE DELIVER A PERSONALIZED EXPERIENCE; WE PROVIDE A SAFE ENVIRONMENT; WE TRAIN THE NEXT GENERATION OF CLINICIANS; WE ENSURE EQUITABLE ACCESS; WE OFFER THE HIGHEST QUALITY CARE

Activities or mission (Part I)

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.

  • MSU HEALTH CARE IS A 501(C)(3) NON-PROFIT CORPORATION CREATED TO BE THE CLINICAL ENTERPRISE OF MICHIGAN STATE UNIVERSITY'S COLLEGE OF HUMAN MEDICINE, COLLEGE OF NURSING AND COLLEGE OF OSTEOPATHIC MEDICINE. OUR 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.

    Expenses $111,466,117 · Grants $10,239 · Revenue $109,246,681

As filed on the 2023 return.

Listed in Part VII

  • Andrea Amalfitano

    VICE CHAIR - PART YEAR

    Total calculated
    $622,554
    From this org
    $0
    From related orgs
    $571,924
    Other
    $50,630
    Hours/week
    0.5 + 59.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $471,924 related
    Bonus
    $0
    Other
    $0 + $100,000 related
    Deferred
    $0 + $33,000 related
    Nontaxable benefits
    $0 + $17,630 related
    Filer's total
    $0 + $622,554 related

  • Joel Greenberg

    TREASURER

    Total calculated
    $521,698
    From this org
    $0
    From related orgs
    $480,565
    Other
    $41,133
    Hours/week
    2 + 58 related

    Schedule J breakdown matched by us

    Base
    $0 + $202,398 related
    Bonus
    $0
    Other
    $0 + $278,167 related
    Deferred
    $0 + $23,503 related
    Nontaxable benefits
    $0 + $17,630 related
    Filer's total
    $0 + $521,698 related

  • Leigh Small

    SECRETARY

    Total calculated
    $358,848
    From this org
    $0
    From related orgs
    $312,008
    Other
    $46,840
    Hours/week
    1 + 59 related

    Schedule J breakdown matched by us

    Base
    $0 + $236,288 related
    Bonus
    $0
    Other
    $0 + $75,720 related
    Deferred
    $0 + $31,960 related
    Nontaxable benefits
    $0 + $14,880 related
    Filer's total
    $0 + $358,848 related

  • Norman Beauchamp

    CHAIR

    Total calculated
    $844,273
    From this org
    $0
    From related orgs
    $793,643
    Other
    $50,630
    Hours/week
    1 + 59 related

    Schedule J breakdown matched by us

    Base
    $0 + $691,548 related
    Bonus
    $0
    Other
    $0 + $102,095 related
    Deferred
    $0 + $33,000 related
    Nontaxable benefits
    $0 + $17,630 related
    Filer's total
    $0 + $844,273 related

  • Ann Sheehan

    DIRECTOR

    Total calculated
    $195,413
    From this org
    $0
    From related orgs
    $164,051
    Other
    $31,362
    Hours/week
    0.5 + 59.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $154,051 related
    Bonus
    $0
    Other
    $0 + $10,000 related
    Deferred
    $0 + $17,381 related
    Nontaxable benefits
    $0 + $13,981 related
    Filer's total
    $0 + $195,413 related

  • Aron Sousa

    VICE-CHAIR

    Total calculated
    $722,813
    From this org
    $0
    From related orgs
    $671,900
    Other
    $50,913
    Hours/week
    1 + 59 related

    Schedule J breakdown matched by us

    Base
    $0 + $496,900 related
    Bonus
    $0
    Other
    $0 + $175,000 related
    Deferred
    $0 + $33,000 related
    Nontaxable benefits
    $0 + $17,913 related
    Filer's total
    $0 + $722,813 related

  • Jed Magen

    DIRECTOR

    Total calculated
    $371,129
    From this org
    $0
    From related orgs
    $325,479
    Other
    $45,650
    Hours/week
    2 + 58 related

    Schedule J breakdown matched by us

    Base
    $0 + $249,729 related
    Bonus
    $0
    Other
    $0 + $75,750 related
    Deferred
    $0 + $30,770 related
    Nontaxable benefits
    $0 + $14,880 related
    Filer's total
    $0 + $371,129 related

  • Lisa Frace

    DIRECTOR

    Total calculated
    $521,835
    From this org
    $0
    From related orgs
    $477,030
    Other
    $44,805
    Hours/week
    0.5 + 59.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $467,917 related
    Bonus
    $0
    Other
    $0 + $9,113 related
    Deferred
    $0 + $33,000 related
    Nontaxable benefits
    $0 + $11,805 related
    Filer's total
    $0 + $521,835 related

  • Michael Weiner

    DIRECTOR

    Total calculated
    $414,381
    From this org
    $387,957
    From related orgs
    $0
    Other
    $26,424
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $52,077
    Bonus
    $20,000
    Other
    $315,880
    Deferred
    $15,540
    Nontaxable benefits
    $10,884
    Filer's total
    $414,381

  • Joyce Dejong

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 59.5 related

  • Nathan Ter Beek

    CFO MSU HCI

    Total calculated
    $280,082
    From this org
    $235,288
    From related orgs
    $0
    Other
    $44,794
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $235,288
    Bonus
    $0
    Other
    $0
    Deferred
    $24,764
    Nontaxable benefits
    $20,030
    Filer's total
    $280,082

  • Seth Ciabotti

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $396,903
    From this org
    $345,990
    From related orgs
    $0
    Other
    $50,913
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $345,990
    Bonus
    $0
    Other
    $0
    Deferred
    $33,000
    Nontaxable benefits
    $17,913
    Filer's total
    $396,903

  • Kristine Allen

    CHIEF NURSING OFFICER

    Total calculated
    $271,560
    From this org
    $230,532
    From related orgs
    $0
    Other
    $41,028
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $230,532
    Bonus
    $0
    Other
    $0
    Deferred
    $24,370
    Nontaxable benefits
    $16,658
    Filer's total
    $271,560

  • Sandra Campbell

    CHIEF PHARMACIST

    Total calculated
    $201,618
    From this org
    $165,247
    From related orgs
    $0
    Other
    $36,371
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $164,147
    Bonus
    $475
    Other
    $625
    Deferred
    $16,341
    Nontaxable benefits
    $20,030
    Filer's total
    $201,618

  • Colleen Hoffman

    RADIOLOGY ADMINISTRATOR

    Total calculated
    $207,500
    From this org
    $171,453
    From related orgs
    $0
    Other
    $36,047
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $163,049
    Bonus
    $8,404
    Other
    $0
    Deferred
    $16,017
    Nontaxable benefits
    $20,030
    Filer's total
    $207,500

  • Christie Daiss

    PHARMACIST

    Total calculated
    $152,621
    From this org
    $130,701
    From related orgs
    $0
    Other
    $21,920
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $130,416
    Bonus
    $285
    Other
    $0
    Deferred
    $13,967
    Nontaxable benefits
    $7,953
    Filer's total
    $152,621

  • Holly Peterson

    ASST RADIOLOGY ADMINISTRATOR

    Total calculated
    $165,292
    From this org
    $133,067
    From related orgs
    $0
    Other
    $32,225
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $132,687
    Bonus
    $380
    Other
    $0
    Deferred
    $12,479
    Nontaxable benefits
    $19,746
    Filer's total
    $165,292

  • Karen Ross

    DIRECTOR OF FINANCE

    Total calculated
    $166,081
    From this org
    $135,710
    From related orgs
    $0
    Other
    $30,371
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $135,330
    Bonus
    $380
    Other
    $0
    Deferred
    $13,713
    Nontaxable benefits
    $16,658
    Filer's total
    $166,081

  • Roger Jansen

    CHIEF STRATEGY OFFICER

    Total calculated
    $170,519
    From this org
    $145,901
    From related orgs
    $0
    Other
    $24,618
    Hours/week
    25

    Schedule J breakdown matched by us

    Base
    $145,901
    Bonus
    $0
    Other
    $0
    Deferred
    $16,719
    Nontaxable benefits
    $7,899
    Filer's total
    $170,519

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

  • 3 · Compensation committee
  • 3 · Approval by the board or compensation committee

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
CEO IS AN EMPLOYEE OF MICHIGAN STATE UNIVERSITY. HIS COMPENSATION AND BENEFITS ARE PAID BY MICHIGAN STATE UNIVERSITY. THE EXPENSE IS THEN ALLOCATED TO THE ORGANIZATION.

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

No itemized grants to organizations on this return.

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.

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.

  • LYSANDER SERIES OF AESIR SERIES LLC

    C · RISK MANAGEMENT · DE · controlled entity

Provenance

Return type
form_990
Tax year
2023
Filed
30 April 2025
IRS schema version
2023v6.0
Source object
202541259349301769

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.