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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Health Care The Cardiac Institute

The Cardiac Institute

Fiscal year ending 2017. Filed on August 15, 2018.

416 Connable Avenue
Petoskey, Michigan 49770

The Cardiac Institute (EIN: 26-2774689), also known as Michigan Heart and Vascular Specialists, has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2017 IRS Form 990 filing, The Cardiac Institute, a 501(c)(3) charitable organization, reported compensation for 19 out of 99 total employees. Among the employees shown here, the average compensation is $553,236. The highest compensated employee at The Cardiac Institute is David Zechman with fiscal year 2017 compensation of $1,077,178.

Revenue, expenses, and employee compensation

Revenue

$264,442

Expenses

$8,728,120

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

David Zechman
Chairman and President/Ceo
$1,077,178
$0 $1,050,585 $26,593
Louis Cannon
Physician - PART YEAR
$926,345
$533,462 $369,871 $23,012
Jason Ricci
Physician - PART YEAR
$808,765
$654,248 $131,565 $22,952
Thomas Earl
Physician
$691,326
$562,694 $105,680 $22,952
John Talbott
Physician
$682,774
$0 $662,734 $20,040
David Corteville
Physician - PART YEAR
$666,538
$404,642 $241,271 $20,625
Harry Colfer
Physician
$658,271
$548,438 $92,102 $17,731
Duane W Schuil
Physician
$648,911
$568,284 $57,675 $22,952
Gerald A Gadowski, Do
Physician
$628,826
$417,498 $188,316 $23,012
Naomi A Overton
Physician
$612,122
$465,747 $127,799 $18,576
Linda Gossett
Physician
$581,665
$473,318 $91,672 $16,675
Waleed Doghmi
Physician
$558,168
$544,918 No related comp$13,250

Benchmark Employee Compensation

Non-Employee Board Members

Jennifer Woods
Secretary and Vice President Patient CARE

Contractors

Chippewa County War Memorial Hospital IN
Physician
$385,770

Mission Statement

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.

Revisions to this organization profile

August 11, 2025:
2024 The Cardiac Institute 990 filed
January 15, 2025:
Amended (originally filed August 13, 2024)2023 The Cardiac Institute 990 filed
August 9, 2023:
2022 The Cardiac Institute 990 filed

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