Maxis Health System

Nonprofit profile at a glance

EIN
911940902
IRS 990 coverage
2010–2024
Forms available
Form 990 2024, Form 990-EZ 2015
Location
Livonia, MI, USA
Phone
7343431000
Rating confidence
Limited
Sector
Management & Technical Assistance

Reported finances

Revenue
$-149,943
Expenses
$7,354,196
Assets
$22,165,949
Liabilities
$248,793,491

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

23 people listed

Executive titles in this filing

  • MICHAEL SLUBOWSKI (DIRECTOR; PRESIDENT & CEO)

Highest reported compensation

  • MICHAEL SLUBOWSKI (DIRECTOR; PRESIDENT & CEO): $7,298,977 total reported compensation
  • BENJAMIN CARTER (FORMER OFFICER; TRINITY HLTH EVP,COO): $3,488,982 total reported compensation
  • DANIEL ISACKSEN JR (TREASURER; EVP, CFO): $2,827,147 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

We, maxis health system and trinity health, serve together in the spirit of the gospel as a compassionate and transforming healing presence within our communities. Maxis health system is a member of trinity health.

What it reported doing in 2024

Maxis health system's purpose is to provide organizational and management support to its subsidiaries. These subsidiaries include tax-exempt hospitals and other organizations providing health care related services.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 8
  • Transparency & Controls: 67
  • Accountability: 82
  • Sustainability: 15
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 10.2%; rating input score 10
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 93.3%; rating input score 93; 28th percentile among comparable filings
  • Governance controls: 6 of 9 controls in place; rating input score 67
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -5,004.7%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 3.01; rating input score 40; 40th percentile among comparable filings
  • Liabilities to assets ratio: 11.22; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 11.5%; rating input score 15; 15th percentile among comparable filings

Growth

  • Program expense growth: -7.1% per year; rating input score 0; 34th percentile among comparable filings
  • Revenue growth: 135.8% per year; rating input score 100; 99th percentile among comparable filings
  • Asset growth: 23.9% per year; rating input score 100; 93rd percentile among comparable filings

Details

  • Where the money goes: 10.2% of spending went to programs
  • Governance: 14 of 15 board members independent · 6 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $746K in reported program spending
  • Leadership: top reported pay $7.3M · 23 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 14 of 14 current checks pass
  • Schedules: 5 filed schedules · includes executive pay and related organizations
  • Filing history: 12 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 308 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: Program expense ratio scored 10/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Governance controls: 3 of 9 not reported.
  • High — Sustainability: Operating margin scored 2/100.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.
  • High — Sustainability: Officer compensation ratio scored 15/100.