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Three Rivers Health System

Also known as Three Rivers Health

Three Rivers, MI · EIN 45-1257972 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Three Rivers Health System reported $80.3 million in revenue and $73.7 million in expenses for calendar year 2024. Of every $100 it spent, $78.09 went to program services, $21.91 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 96.9% of the total. The highest compensation it reported for one person was $2,136,422 (CEO). 61 people received more than $100,000 in reportable compensation. Revenue rose 9% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $74M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $80M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
78.1%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
21.9%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.6%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.6%0.1%
Program service revenue share
Part VIII 2g ÷ 12
96.9%93.7%
Highest reported compensation
Part VII-A, columns D–F
$2,136,422$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.90%1.34%
People paid over $100,000
Part VII, line 2
6127
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
8.46.6
Independent voting board members
Part VI 1a–1b
7 of 888.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$58M expenses · 100.0% of program spending · grants $32,769 · revenue $79M

In 2024, The Center for Wound Healing continues to serve this community well offering hyperbaric oxygen therapy and an average healing rate above the state and national average. Having this service line available has proven to allow patients to keep limbs when otherwise travel would be difficult, and treatment may not be possible. Podiatry and Internal Medicine have continued to play an integral role at the Center with regards to wound debridement and offering an interdisciplinary approach to healing and limb retention. Oncology services remained down. This service line is viewed as a…

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CEO
Officer, 2.00 hrs/week
$0$1,848,714$287,708$2,136,422
CFO
Officer, 2.00 hrs/week
$0$1,077,612$188,598$1,266,210
President
Officer, 40.00 hrs/week
$0$379,565$102,861$482,426
Employed Physician
Highest compensated employee, 40.00 hrs/week
$372,909$0$63,720$436,629
Employed Physician
Highest compensated employee, 40.00 hrs/week
$369,923$0$49,643$419,566
Employed Physician
Highest compensated employee, 40.00 hrs/week
$340,560$0$59,545$400,105
Employed Physician
Highest compensated employee, 40.00 hrs/week
$324,689$0$68,220$392,909
Employed Physician
Highest compensated employee, 40.00 hrs/week
$328,932$0$57,291$386,223

61 people received more than $100,000 in reportable compensation from Three Rivers Health System (Part VII, line 2). Compensation of current officers, directors and key employees totaled $485K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$25M$50M$75M$100M201920202021202220232024$80M$74M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$80M$74M78.1%$51M$2,136,422
2023 ⓘ$74M$74M80.1%$44M$1,332,846
2022 ⓘ$73M$76M81.7%$28M$1,764,630
2021 ⓘ$78M$73M88.5%$27M$1,693,978
2020 ⓘ$75M$70M86.4%$13M$766,502
2019 ⓘ$74M$71M87.0%$7.4M$822,258

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b8 · 7 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5525
  • Volunteers Part I, line 640

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
Clinical Colleagues Inc
Anesthesia Services
$2,329,988
Kalamazoo Foot & Ankle Specialists PLC
Physician Services
$2,081,204
Elite Emergency Physicians Inc
Physician Services
$738,666
West Michigan Ear Nose & Throat
Physician Services
$661,248
Panamerican Hospitalists PLLC
Physician Services
$562,843

Individuals listed as contractors are left out. 27 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Three Rivers Health System's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Three Rivers Health System, you can publish a response that is linked from this page.

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Questions people ask

How much of Three Rivers Health System's spending goes to programs?

In calendar year 2024, Three Rivers Health System reported that 78.1% of its $73.7 million in expenses went to program services, 21.9% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Three Rivers Health System pay its top executive?

The largest total compensation Three Rivers Health System reported for one person in calendar year 2024 was $2,136,422, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Three Rivers Health System get its money?

Of $80.3 million in revenue in calendar year 2024, 0.6% came from contributions and grants (including 0.6% from government grants) and 96.9% from program service revenue (Form 990, Part VIII).

Is Three Rivers Health System a registered charity?

The IRS lists EIN 45-1257972 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202533189349310303 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202423169349301662 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202343149349304499 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202243159349302204 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202143199349306804 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202003219349304720 · read the filing

All filings for EIN 45-1257972: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.