M & M Health Care Inc

Nonprofit profile at a glance

EIN
471540754
IRS 990-EZ coverage
2016–2019
Forms available
Form 990 2015, Form 990-EZ 2019
Location
Marinette, WI, USA
Phone
7157354200
Rating
36
Verdict
REVIEW
Rating confidence
Moderate
Sector
Group Health Practice (Health Maintenance Organizations)

Reported finances

Revenue
$480
Expenses
$64,156
Assets
$69,998
Liabilities
$149,339

Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

9 people listed

People named in this filing

  • CHARLES KALHOEFER (CHAIR)
  • JAMES KORONKIEWICZ (VICE CHAIR)
  • ROBERT SORENSON (SEC/TREAS)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

M&m health care, inc. Is a 51% ownership member of bamc and oversees the accomplishments of bamc's mission.

What it reported doing in 2019

The purpose of m&m health care, inc. Is to support bay area medical center, inc.'s operation of a charitable, non-profit hospital and other health care facilities and programs for the care of the sick, injured, infirmed, and aged.

Operating model

Revenue model
Investment-supported. 100% of the money available for current operations came from recurring investment income.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 21
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -13,265.8%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 1.09; rating input score 47; 47th percentile among comparable filings
  • Liabilities to assets ratio: 2.13; rating input score 3; 3rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 69.5% per year; rating input score 100; 98th percentile among comparable filings
  • Asset growth: -7.7% per year; rating input score 0; 21st percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2016 to 2019
  • Contacts: How to reach this organization
  • Related organizations: 3 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Sustainability: Operating margin scored 1/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
  • High — Sustainability: Liabilities to assets ratio scored 3/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.