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Mary Free Bed Rehabilitation Hospital

Mary Free Bed Hospital And Rehabilitation Center

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 381359265 ✦ Grand rapids, MI ✦ Designated as a 501(c)(3)

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Overview

What is Mary Free Bed Rehabilitation Hospital?

Mary Free Bed Rehabilitation Hospital is a renowned nonprofit organization based in Grand Rapids, Michigan. With a workforce of 2514 employees, they provide nursing services and prioritize infection control, contributing to 38,277 patient days every year. Their mission is to restore hope and freedom for individuals with disabilities through rehabilitation services. The organization goes beyond healing by educating the community on disabling diseases and injury prevention and conducting medical and scientific research to enhance the care and outcomes for those with disabilities.


Official website here: www.maryfreebed.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

Mary Free Bed Rehabilitation Hospital has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial management. The organization's score is based solely on its Accountability & Finance measures, showcasing its dedication to transparency and responsible stewardship of resources. High ratings in various areas, such as independent board composition and rigorous financial oversight, underscore its solid governance framework.

The hospital boasts an exceptional program expense ratio of 85.46%, indicating that a significant majority of its funds are directed towards fulfilling its mission rather than administrative costs. The organization also has a clean record with no material diversion of assets, ensuring that contributions are used effectively for rehabilitation services. Policies regarding conflicts of interest and whistleblower protections are in place, further enhancing its credibility.

While the organization excels in financial accountability, continuous efforts to maintain and improve these standards will be essential for sustaining donor trust and support. Overall, Mary Free Bed Rehabilitation Hospital demonstrates strong performance in managing its resources and delivering quality care, making it a commendable choice for potential donors looking to support a reputable nonprofit.


This AI summary has been generated from information found on Charity Navigator.

Is Mary Free Bed Rehabilitation Hospital legitimate?

Mary Free Bed Rehabilitation Hospital is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mary Free Bed Rehabilitation Hospital submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $2,855,409
Professional Fundraising Fees: $0
Other Salaries and Wages: $88,993,271

For more financial information, click here


Official website here: www.maryfreebed.com

What is the mission statement of Mary Free Bed Rehabilitation Hospital?

Mary Free Bed Rehabilitation Hospital is dedicated to helping people with disabilities regain their independence through rehabilitation services. By providing specialized care and education to patients, the hospital works towards restoring hope and freedom. The organization goes beyond rehabilitation by conducting medical and scientific research to enhance the care and outcomes for people with disabilities. The mission of Mary Free Bed Rehabilitation Hospital is to make a significant impact on the lives of those in need, allowing them to live their lives to the fullest. Through nursing services, infection control, and a commitment to improving care, the hospital offers a comprehensive approach to rehabilitation.


Official website here: www.maryfreebed.com

Who is the CEO of Mary Free Bed Rehabilitation Hospital?

Ryan Podvin is the Ceo of Mary Free Bed Rehabilitation Hospital. The CEO's salary of Mary Free Bed Rehabilitation Hospital is $930,211 and their total compensation is $967,096.


Official website here: www.maryfreebed.com

What is the revenue of Mary Free Bed Rehabilitation Hospital?

Mary Free Bed Rehabilitation Hospital's revenue in 2022 was $164,369,216.


Official website here: www.maryfreebed.com

Who are the executives of Mary Free Bed Rehabilitation Hospital and what are their salaries?

The average compensation at Mary Free Bed Rehabilitation Hospital during 2022 was $36,535. There are 2514 employees and 287 volunteers at Mary Free Bed Rehabilitation Hospital.


Here are 42 key members and their salaries (Mary Free Bed Rehabilitation Hospital's CEO's salary is $930,211 and their total compensation is $967,096):


Kent Riddle (Ceo)
  • Compensation: $930,211
  • Related: $0
  • Other: $36,885
Dr Michael Jakubowski Md (Director)
  • Compensation: $500,058
  • Related: $0
  • Other: $40,730
David Muir (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Molly Krauss (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Stuursma (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Conway (Treasurer (Thru 2/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Vaughan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Palmer (Asst. Treasurer (Thru 2/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Kinsler (Asst. Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Albers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adriana Almanza (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Mike Andary Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dianne Deroseau (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meg Derrer (Director (Thru 2/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Doyle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Gaddy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deb Kay (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Andrea Kuldanek Md (Director (Thru 2/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Lewis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Holly Peterson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Puff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wendy Stock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michele Suchovsky (Director (Thru 2/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Maryln Walton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Williams (Director (Thru 2/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Cameron Young (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Becky Bechler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Bloss (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Abbott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luis Avila (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Beemer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benjamin Bruinsma Md (Director)
  • Compensation: $444,296
  • Related: $0
  • Other: $40,885
Pamela Buschle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Taylor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randall Deneff (Cfo (Thru 4/22))
  • Compensation: $189,153
  • Related: $0
  • Other: $18,163
Ryan Podvin (Cfo)
  • Compensation: $234,537
  • Related: $0
  • Other: $31,136
Ingrid Cheslek (Coo)
  • Compensation: $494,461
  • Related: $0
  • Other: $34,236
Christopher Morelli (Physician, D.O.)
  • Compensation: $436,110
  • Related: $0
  • Other: $28,170
William Vandenberg (Physician, M.D.)
  • Compensation: $388,780
  • Related: $0
  • Other: $37,362
Daniel Fechtner (Physician, M.D.)
  • Compensation: $381,086
  • Related: $0
  • Other: $28,170
Ralph Wang (Physician, M.D.)
  • Compensation: $373,976
  • Related: $0
  • Other: $40,885
Stuart Yablon (Physician, M.D.)
  • Compensation: $372,066
  • Related: $0
  • Other: $29,931


Official website here: www.maryfreebed.com

Where can I find the form 990 for Mary Free Bed Rehabilitation Hospital?

Mary Free Bed Rehabilitation Hospital's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.maryfreebed.com

Learn more at the official website: www.maryfreebed.com

Mission Statement of Mary Free Bed Rehabilitation Hospital

Mary Free Bed Rehabilitation Hospital is a dedicated institution that strives to restore hope and freedom for individuals with disabilities. Through its rehabilitation services, the organization helps people regain independence and improve their lives. In addition to offering rehabilitation, Mary Free Bed Rehabilitation Hospital focuses on educating the community about disabling diseases and injury prevention. By carrying out medical and scientific research, the hospital aims to advance the care and outcomes for those with disabilities.

The mission of Mary Free Bed Rehabilitation Hospital is multifaceted. It encompasses providing nursing services and implementing infection control measures for 38,277 patient days each year. The hospital's team of dedicated professionals works tirelessly to ensure each patient receives the best possible care. By focusing on both rehabilitation and research, Mary Free Bed Rehabilitation Hospital sets itself apart as a leader in the field of disability care. It is not just a place of healing, but a beacon of hope and freedom for those who need it most.

The dedication of Mary Free Bed Rehabilitation Hospital goes beyond the walls of its facility. By educating the community about disabling diseases and injury prevention, the organization is able to reach and help even more people. The medical and scientific research conducted at the hospital contributes to the advancement of care and outcomes for individuals with disabilities, ensuring a brighter future for all.

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Impact




October, 2024

Mary Free Bed Rehabilitation Hospital significantly impacts the community by helping individuals with disabilities achieve greater independence through comprehensive rehabilitation services. By providing targeted care, the hospital enables patients to regain essential skills and improve their quality of life.

In addition to its rehabilitative efforts, Mary Free Bed plays a crucial role in community education, raising awareness about disabling diseases and injury prevention. This proactive approach helps reduce the incidence of disabilities and empowers individuals with knowledge to make informed health decisions.

The hospital also engages in medical and scientific research focused on enhancing care and outcomes for people with disabilities, ensuring that their practices are informed by the latest advancements in the field.

With a commitment to restoring hope and freedom, Mary Free Bed delivers vital nursing services and infection control for thousands of patient days, demonstrating a steadfast dedication to the health and well-being of the Grand Rapids community and beyond.




This information is meant to be a general summary of Mary Free Bed Rehabilitation Hospital. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$164,369,216 (2022)
Expenses
$161,548,857 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $551,955
  • Program Service Revenue: $159,714,801
  • Gross Receipts: $166,158,138

Assets and Liabilities:

  • Total Assets: $226,651,083
  • Total Liabilities: $79,308,595
  • Net Assets: $147,342,488

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PATIENT SERVICE REVENUE

Revenue

$117,523,761

CONTRACT SERVICE REVENUE

Revenue

$33,384,803

REHABILITATION JV INCOME

Revenue

$8,411,693

RETAIL CAFE REVENUE

Revenue

$366,651

RENT FROM AFFILIATES

Revenue

$27,893

Organization Details

Founding Year

1913

Principal Officer

Ryan Podvin

Main Address

235 WEALTHY ST SE, GRAND RAPIDS, MI, 495035247

NTEE Category

Code: E240 - Health

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