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Munson Medical Center

Traverse City, MI · EIN 38-1362830 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Munson Medical Center reported $861.8 million in revenue and $815.9 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $84.98 went to program services, $14.92 to management and general costs and $0.10 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 96.6% of the total. The highest compensation it reported for one person was $2,922,871 (DIRECTOR). 447 people received more than $100,000 in reportable compensation. Revenue rose 22% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $816M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $862M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,634 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
85.0%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
14.9%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.1%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.04$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
2.2%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
1.5%0.1%
Program service revenue share
Part VIII 2g ÷ 12
96.6%93.7%
Highest reported compensation
Part VII-A, columns D–F
$2,922,871$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.36%1.34%
People paid over $100,000
Part VII, line 2
44727
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
4.96.6
Independent voting board members
Part VI 1a–1b
16 of 2288.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$693M expenses · 100.0% of program spending · grants $593K · revenue $835M

Expenses incurred while providing hospital services to the residents of traverse city, mi and the surrounding area while fulfilling the hospital's mission to provide healthcare in the community. Munson Medical Center serves as a rural referral center for the surrounding 24-county area, with 22,051 inpatient admissions in fiscal year 2025 and over 486,300 outpatient visits. The hospital served more than 15,200 surgical cases, 1,719 obstetrical births, and over 50,500 emergency room visits. Munson Medical Center accepts all patients, regardless of ability to pay. The hospital has 914 active…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
DIRECTOR
Director/trustee, 2.00 hrs/week
$0$2,668,995$253,876$2,922,871
NEUROSURGEON
Highest compensated employee, 40.00 hrs/week
$1,170,874$0$45,376$1,216,250
MHC SYSTEM C
Key employee, 2.00 hrs/week
$0$1,029,397$111,766$1,141,163
ORTHOPEDIC S
Highest compensated employee, 38.00 hrs/week
$903,316$56,757$29,957$990,030
ORTHOPEDIC S
Highest compensated employee, 40.00 hrs/week
$913,667$0$48,068$961,735
NEUROSURGEON
Highest compensated employee, 40.00 hrs/week
$872,694$0$41,922$914,616
NEUROSURGEON
Highest compensated employee, 40.00 hrs/week
$871,241$0$20,069$891,310
CFO
Officer, 2.00 hrs/week
$0$708,738$92,977$801,715

447 people received more than $100,000 in reportable compensation from Munson Medical Center (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.2M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$250M$500M$750M$1.00BFY2020FY2021FY2022FY2023FY2024FY2025$862M$816M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$862M$816M85.0%$336M$2,922,871
FY2024 ⓘ$852M$832M84.9%$350M$2,497,535
FY2023 ⓘ$747M$767M84.3%$341M$2,303,995
FY2022 ⓘ$778M$725M87.2%$965M$1,416,391
FY2021 ⓘ$753M$658M87.9%$823M$1,125,707
FY2020 ⓘ$704M$637M86.4%$635M$1,199,830

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b22 · 16 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 54,439
  • Volunteers Part I, line 6179

Private foundation grants it received

1 private foundation reported grants to Munson Medical Center totaling $16 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Munson Medical Center's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Munson Medical Center, you can publish a response that is linked from this page.

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Questions people ask

How much of Munson Medical Center's spending goes to programs?

In the fiscal year ending June 30, 2025, Munson Medical Center reported that 85.0% of its $815.9 million in expenses went to program services, 14.9% to management and general and 0.1% to fundraising (Form 990, Part IX).

How much does Munson Medical Center pay its top executive?

The largest total compensation Munson Medical Center reported for one person in the fiscal year ending June 30, 2025 was $2,922,871, for the role of DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Munson Medical Center get its money?

Of $861.8 million in revenue in the fiscal year ending June 30, 2025, 2.2% came from contributions and grants (including 1.5% from government grants) and 96.6% from program service revenue (Form 990, Part VIII).

Is Munson Medical Center a registered charity?

The IRS lists EIN 38-1362830 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202611349349304936 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501349349307315 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431359349301533 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321359349303362 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231369349308308 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101379349301390 · read the filing

All filings for EIN 38-1362830: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.