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MCR Health

Bradenton, FL · EIN 59-1773262 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

MCR Health reported $162.6 million in revenue and $169.0 million in expenses for calendar year 2024. Of every $100 it spent, $77.00 went to program services, $23.00 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 94.3% of the total. Government grants made up 7.4%. The highest compensation it reported for one person was $1,192,983 (VP, Cardiology). 18 people received more than $100,000 in reportable compensation. Revenue rose 54% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $169M

For context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $163M

Investment income was negative: −$6.1M. The bar shows the positive sources only.

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

2024 filing. Median across 2,433 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
77.0%86.7%
Management & general
Part IX 25(C) ÷ 25(A)
23.0%11.5%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
9.4%29.9%
Government grants share of revenue
Part VIII 1e ÷ 12
7.4%3.8%
Program service revenue share
Part VIII 2g ÷ 12
94.3%58.9%
Highest reported compensation
Part VII-A, columns D–F
$1,192,983$301,601
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.71%1.38%
People paid over $100,000
Part VII, line 2
186
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
1.86.8
Independent voting board members
Part VI 1a–1b
13 of 13100.0%

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

2024 · Form 990, Part III · the three largest programs by expense
$130M expenses · 100.0% of program spending · revenue $148M

MCR Health, Inc., provided care to 176,177 patients, including the underinsured, in Manatee, DeSoto, Pasco and Sarasota Counties, Florida, for the year ending December 31, 2024

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
VP, Cardiology
Highest compensated employee, 40.00 hrs/week
$1,180,744$0$12,239$1,192,983
President and CEO
Officer, 40.00 hrs/week
$703,790$0$59,341$763,131
Physician, Gastroenterlogy
Highest compensated employee, 40.00 hrs/week
$694,485$0$29,026$723,511
Physician, Orthopedics
Former, 40.00 hrs/week
$670,547$0$38,184$708,731
Physician, Pain Management
Highest compensated employee, 40.00 hrs/week
$571,519$0$28,841$600,360
VP, OB/GYN
Key employee, 40.00 hrs/week
$459,780$0$29,026$488,806
Physician, OB/GYN
Highest compensated employee, 40.00 hrs/week
$403,471$0$38,184$441,655
Physician, OB/GYN
Highest compensated employee, 40.00 hrs/week
$416,969$0$11,699$428,668

18 people received more than $100,000 in reportable compensation from MCR Health (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.3M (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$50M$100M$150M$200M201920202021202220232024$163M$169M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$163M$169M77.0%$25M$1,192,983
2023 ⓘ$172M$174M77.6%$32M$712,641
2022 (amended) ⓘ$157M$167M80.2%$34M$664,276
2021 ⓘ$159M$134M81.5%$44M$994,468
2020 ⓘ$133M$117M73.0%$19M$1,397,378
2019 ⓘ$105M$107M76.1%$2.8M$706,302

Governance answers, as filed

2024 · 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–1b13 · 13 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 25aYes
  • 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 14bNo
  • Employees Part I, line 51,136

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
Balanced Wellbeing LLC
Mental Health Provider
$23,687,365
Buchanan Ingersall & Rooney
Legal Services
$3,399,788
Emerald Coast Memory Clinic LLC
Mental Health Provider
$1,293,350
Berkeley Research Group LLC
Consulting
$563,362

Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.

Correct a figure or respond

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

Similar-sized charities in this cause

All unclassified charities · Largest charities in Florida

Questions people ask

How much of MCR Health's spending goes to programs?

In calendar year 2024, MCR Health reported that 77.0% of its $169.0 million in expenses went to program services, 23.0% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does MCR Health pay its top executive?

The largest total compensation MCR Health reported for one person in calendar year 2024 was $1,192,983, for the role of VP, Cardiology (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does MCR Health get its money?

Of $162.6 million in revenue in calendar year 2024, 9.4% came from contributions and grants (including 7.4% from government grants) and 94.3% from program service revenue (Form 990, Part VIII).

Is MCR Health a registered charity?

The IRS lists EIN 59-1773262 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

  • 2024: Form 990 for calendar year 2024, object 202513039349302856 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202520639349300917 · read the filing
  • 2022: Form 990 for calendar year 2022 (amended), object 202500289349300635 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202300459349302405 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202123169349306462 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202022629349300317 · read the filing

All filings for EIN 59-1773262: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.