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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 2023. Filed on January 15, 2025.

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 2023 IRS Form 990 filing, The Cardiac Institute, a 501(c)(3) charitable organization, reported compensation for 9 employees. Among the employees shown here, the average compensation is $359,999. The highest compensated employee at The Cardiac Institute is Todd Burch with fiscal year 2023 compensation of $767,867.

Revenue, expenses, and employee compensation

Revenue

$73,067

Expenses

$1,044

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Todd Burch
Chairman and President/Ceo
$767,867
$0 $630,578 $137,289
Andrew McDonagh
Vice President and Chief Medical Officer
$463,713
$0 $428,982 $34,731
Michael Prusaitis
Treasurer/Vp of Finance/Cf
$346,405
$0 $321,171 $25,234
Jennifer Woods
Secretary and Vice President Patient CARE - PART YEAR
$316,765
$0 $299,425 $17,340
Debbie Rosenburg
Vice President HR - Former
$267,918
$0 $256,532 $11,386
Shari Schult
Secretary/ Vice President Operations
$263,051
$0 $250,702 $12,349
Laura Daniel
Vice President Patient SVCS CNO (Part Year)
$235,595
$0 $218,636 $16,959
Julie Jarema
Vice President, Philanthropy
$218,678
$0 $193,268 $25,410
Brett Malek
Vice President HR - Started 2023
$0

Benchmark Employee Compensation

Non-Employee Board Members

No board members were reported during this fiscal year.

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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