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Nonprofit · EIN 26-2774689

CARDIAC INSTITUTE

Tax-exempt · PETOSKEY, MI 49770

Financials

$73K$1K2022$64K$202023$32K$28K2024
Revenue Expenses · by fiscal year end
Financials of CARDIAC INSTITUTE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$32,012$28,104$3,908$1,350,967$161,666$1,189,301
September 30, 2024990$63,887$20$63,867$1,362,108$176,715$1,185,393
September 30, 2023990 (amended)$73,067$1,044$72,023$1,313,414$191,888$1,121,526
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$30,237
Other revenue
$1,775

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Management and general (functional)
$28,104

Balance sheet and other

Total assets, start of year
$1,362,108
Total assets, end of year
$1,350,967
Total liabilities, end of year
$161,666
Net assets, end of year
$1,189,301
Net assets without donor restrictions
$1,189,301
Gross receipts
$32,012
Employees
0
Volunteers
0
Year formed
2008
State of legal domicile
MI

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended September 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
GARFIELD ATCHISONCHAIRMAN & PRESIDENT/CEO
Trustee or director, Officer
1$0$609,718$22,891
JOHN KENNEDYVP - CMO - PART YEAR
Officer
1$0$362,289$19,959
MICHAEL PRUSAITISTREASURER/VP OF FINANCE/CFO
Trustee or director, Officer
2.8$0$317,854$33,435
BRENT MALLEKFORMER VP HUMAN RESOURCES
Former
0$0$229,793$25,885
JULIE JAREMAVP PHILANTHROPY
Officer
1$0$205,629$31,600
DAVID MONANVP PATIENT CARE SVCS CNO
Trustee or director, Officer
1$0$199,535$30,549
SHARI SCHULTFORMER SECRETARY/VP OPERATIONS
Former
0$0$198,584$10,873
ANDREW MCDONAGHFORMER VP, CMO
Former
0$0$153,407$13,725
990 for the year ended September 30, 2024: 12 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
TODD BURCHCHAIRMAN & PRESIDENT/CEO - PART YEAR
Former
1$0$534,420$33,953
ANDREW MCDONAGHVP - CMO - PART YEAR
Officer
1$0$371,102$38,573
MICHAEL PRUSAITISTREASURER/VP OF FINANCE/CFO
Trustee or director, Officer
2.8$0$303,826$32,264
BRENT MALLEKVP HUMAN RESOURCES - PART YEAR
Officer
2.8$0$276,189$13,601
SHARI SCHULTSECRETARY/VP OPERATIONS - PART YEAR
Trustee or director, Officer
2$0$247,904$13,719
JULIE JAREMAVP PHILANTHROPY
Officer
1$0$189,814$27,594
DAVID MONANVP PATIENT SVCS CNO
Trustee or director, Officer
1$0$177,103$27,522
LAURA DANIELFORMER VP OF PATIENT SVCS CNO
Former
1$0$128,149$10,024
DEBBIE ROSENBURGFORMER VP OF HUMAN RESOURCES
Former
2.8$0$126,357$0
JENNIFER WOODSFORMER SECRETARY & VP PATIENT CARE
Former
2$0$35,595$729
GARFIELD ATCHISONCHAIRMAN & PRESIDENT/CEO
Trustee or director, Officer
1$0$32,845$2,770
JOHN KENNEDYVP - CMO - STARTED 2024
Officer
1$0$0$0
990 for the year ended September 30, 2023: 9 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
TODD BURCHCHAIRMAN & PRESIDENT/CEO
Trustee or director, Officer
1$0$630,578$137,289
ANDREW MCDONAGHVP - CMO
Officer
1$0$428,982$34,731
MICHAEL PRUSAITISTREASURER/VP OF FINANCE/CF
Trustee or director, Officer
3$0$321,171$25,234
JENNIFER WOODSSECRETARY & VP PATIENT CARE - PART YEAR
Former
2$0$299,425$17,340
DEBBIE ROSENBURGVP HR - FORMER
Former
3$0$256,532$11,386
SHARI SCHULTSECRETARY/ VP OPERATIONS
Trustee or director, Officer
2$0$250,702$12,349
LAURA DANIELVP PATIENT SVCS CNO (PART YEAR)
Officer
1$0$218,636$16,959
JULIE JAREMAVP PHILANTHROPY
Officer
1$0$193,268$25,410
BRETT MALEKVP HR - STARTED 2023
Officer
3$0$0$0

Address and contacts

Address (IRS master file)
416 CONNABLE AVE, PETOSKEY, MI 49770-2212
In care of
% TOM MROCZKOWSKI
Principal officer (990 for 2024)
CHAD GRANT, 416 CONNABLE AVENUE, PETOSKEY, MI 49770
Signed the 990
CHAD GRANT, EXECUTIVE VP & COO
Phone
(231) 487-4094
Return prepared by
PLANTE & MORAN PLLC

Mission

OUR MISSION IS TO HELP PEOPLE TO LIVE LONGER, HEALTHIER LIVES WITH DIGNITY, AND TO USE ALL OF OUR RESOURCES TO GIVE THEM EVERYTHING THEY EXPECT AND DESERVE IN COMPREHENSIVE CARDIOVASCULAR CARE FOR THEIR FAMILIES AND THEMSELVES.

990 for the year ended September 30, 2025

Program accomplishments

  • PHYSICIAN PRACTICE INVOLVING THE DIAGNOSIS AND TREATMENT OF CARDIAC AND RELATED CONDITIONS.0

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in April, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025April 30, 2026September 15, 2026Not on file
2024April 30, 2025September 15, 2025Check at the IRS
2023April 30, 2024September 16, 2024Check at the IRS

IRS record

EIN
26-2774689
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Hospital or medical research organization
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2011
Accounting year ends
April
Files
Form 990-N (e-Postcard)
Category (NTEE)
Health care (E30)
Assets (IRS master file)
$1,350,967
Income (IRS master file)
$32,012

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$32,012$28,104$1,350,967XML
990September 2024$63,887$20$1,362,108XML
990September 2023$73,067$1,044$1,313,414XML
990September 2022$167,154$2,380$1,360,586IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-2774689).

Questions about CARDIAC INSTITUTE

What is the EIN of CARDIAC INSTITUTE?
The employer identification number (EIN) of CARDIAC INSTITUTE is 26-2774689.
Is CARDIAC INSTITUTE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to CARDIAC INSTITUTE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CARDIAC INSTITUTE file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of CARDIAC INSTITUTE due?
The return for tax year 2025 (the year ending April 30, 2026) is due September 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CARDIAC INSTITUTE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of CARDIAC INSTITUTE?
The 990 for the year ended September 30, 2025 names CHAD GRANT.
Who are the officers and directors of CARDIAC INSTITUTE?
The 990 for the year ended September 30, 2025 lists 8 people; 0 received compensation from the organization.
How much revenue does CARDIAC INSTITUTE have?
On its 990 for the year ended September 30, 2025 it reported revenue of $32,012, expenses of $28,104 and total assets of $1,350,967 at year end.

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