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.
Public Charity
THE CARDIAC INSTITUTE
THE CARDIAC INSTITUTE is a Public Charity headquartered in PETOSKEY, MI. Financial data from the 2025 filing: $32K revenue, $28K expenses, $1.4M total assets. 7 publicly reported grants to this organization, totaling roughly $510K, appear in IRS filings.
EIN: 262774689
PETOSKEY, MI
Ambulatory & Primary Health Care
NTEE: E30
Latest filing: 2025
Total Revenue$32K
Total Expenses$28K
Total Assets$1.4M
Grant Records7
Funding Total$510K
Filing Years2021–2025
Where $100 goes at The Cardiac Institute
How The Cardiac Institute divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$73
Programs
the work itself
$27
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $73 for programs
$73
Physician practice involving the diagnosis and treatment of cardiac and related conditions
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
OUTPATIENT CARDIAC SERVICES
$99,568
OUTPATIENT CARDIAC SERVICES
$99,568
OUTPATIENT CARDIAC SERVICES
$86,575
OUTPATIENT CARDIAC SERVICES
$43,798
OUTPATIENT CARDIAC SERVICES
$30,592
Showing up to 5 of 7 total records — full history available with membership.
Officers & Directors
FORMER VP, CMO
Andrew Mcdonagh
FORMER VP HUMAN RESOURCES
Brent Mallek
VP PATIENT CARE SVCS CNO
David Monan
CHAIRMAN & PRESIDENT/CEO
Garfield Atchison
VP - CMO - PART YEAR
John Kennedy
VP PHILANTHROPY
Julie Jarema
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $32K | $28K | $1.4M |
| 2024 | $64K | $20 | $1.4M |
| 2023 | $73K | $1K | $1.3M |
| 2022 | $167K | $2K | $1.4M |
| 2021 | $13K | $3K | $1.8M |
Between 2021 and 2025, reported annual revenue grew from $13K to $32K (+139%), with total assets most recently reported at $1.4M.
Interactive year-over-year charts and full filing details available with membership.