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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 2021. Filed on August 11, 2022.

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 2021 IRS Form 990 filing, The Cardiac Institute, a 501(c)(3) charitable organization, reported compensation for 5 out of 7 total employees. Among the employees shown here, the average compensation is $273,463. The highest compensated employee at The Cardiac Institute is Todd Burch with fiscal year 2021 compensation of $559,888.

Revenue, expenses, and employee compensation

Revenue

$13,380

Expenses

$3,150

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Todd Burch
Chairman and President/Ceo
$559,888
$0 $432,020 $127,868
Steven Thompson
Treasurer/Vp of Finance/Cfo-Part YEAR
$309,057
$0 $296,897 $12,160
Jennifer Woods
Secretary and Vice President Patient CAR
$214,070
$0 $190,925 $23,145
Derek Peters
Vice President, Human Resources
$183,915
$0 $162,510 $21,405
David Bellamy
Former Treasurer/Vp of Finance/Cfo
$100,386
$0 $97,697 $2,689

Benchmark Employee Compensation

Non-Employee Board Members

Wayne Knight
Treasurer/Director - PART YEAR
$57,694
$0 $57,692 $2
Michael Prusaitis
Vice President, Finance
No compensation reported

Contractors

Alpine Cardiology Pllc
Physician
$392,828

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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