MACKINAC STRAITS HEALTH SYSTEM INC

MACKINAC STRAITS HEALTH SYSTEM INC

St. Ignace, MI, US
501(c)3
EIN
20-8756459
Hospital

MACKINAC STRAITS HEALTH SYSTEM INC

St. Ignace, MI, US
501(c)3
EIN
20-8756459
Hospital

Income Statement

Fiscal Year Start:
Apr 1
Revenues in 2025

$89,986,524

Program Services
90%
Government Grants
6%
Other
3%
Investments
<1%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2025

$77,925,935

Salaries & Benefits
47%
Other
31%
Fees to Service Providers
13%
Depreciation
4%
Interest
2%
Offices, Occupancy & IT
2%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2024
2025
Change
Contributions
$300,000
$300,000
+0%
Government Grants
$4,798,202
$5,656,553
+18%
Fundraising Events
$0
$0
-
Program Services
$72,107,984
$81,004,841
+12%
Membership Dues
$0
$0
-
Investments
$545,685
$522,196
-4%
Other
$2,626,066
$2,502,934
-5%
Total Revenues
$80,377,937
$89,986,524
+12%
Expenses
2024
2025
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$31,945,277
$36,368,883
+14%
Fees to Service Providers
$11,398,520
$10,347,709
-9%
Advertising & Promotion
$229,142
$205,527
-10%
Offices, Occupancy & IT
$1,413,680
$1,608,315
+14%
Interest
$1,826,471
$1,725,834
-6%
Depreciation
$3,090,207
$3,267,877
+6%
Other
$21,928,056
$24,401,790
+11%
Total Expenses
$71,831,353
$77,925,935
+8%
Net income
2024
2025
Change
Net income
+$8,546,584
+$12,060,589
+41%
Functional Expenses
Summary
2024
2025
Change
Program
$58,805,855
$63,804,105
+8%
Admin
$13,025,498
$14,121,830
+8%
Fundraising
$0
$0
-
Total Expenses
$71,831,353
$77,925,935
+8%
Income Statement
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)