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Mary Free Bed Rehabilitation Hospital Foundation

Grand Rapids, MI · EIN 46-1164285 · 501(c)(3) · Supporting organization, Type I
Latest filing: Form 990 for the fiscal year ending March 31, 2025 (tax year 2024) · View the filing · Correct or respond

Mary Free Bed Rehabilitation Hospital Foundation reported $30.8 million in revenue and $12.3 million in expenses for the fiscal year ending March 31, 2025. Of every $100 it spent, $85.93 went to program services, $3.40 to management and general costs and $10.67 to fundraising. Its largest source of revenue was contributions and grants: 93.8% of the total. Government grants made up 6.3%. The highest compensation it reported for one person was $1,216,897 (President). Revenue rose 1039% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending March 31, 2025 · Form 990, Part IX, line 25 · total expenses $12M

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

The fiscal year ending March 31, 2025 · Form 990, Part VIII · total revenue $31M

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

FY2025 filing. Median across 5,634 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
85.9%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
3.4%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
10.7%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.05$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
93.8%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
6.3%0.1%
Program service revenue share
Part VIII 2g ÷ 12
0.0%93.7%
Highest reported compensation
Part VII-A, columns D–F
$1,216,897$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
9.93%1.34%
People paid over $100,000
Part VII, line 2
027
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
57.06.6
Independent voting board members
Part VI 1a–1b
10 of 1288.9%

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

FY2025 · Form 990, Part III · the three largest programs by expense
$10M expenses · 97.7% of program spending · grants $10M

To receive and administer funds for Mary Free Bed Rehabilitation Hospital, a charitable organization, in order to raise funds for capital, expansion, and program improvements of the hospital and related tax exempt organizations

$238K expenses · 2.3% of program spending · grants $238K

To receive and administer funds for Mary Free Bed Rehabilitation Hospital, a charitable organization, in order to raise funds and support employees of Mary Free Bed Rehabilitation Hospital

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
President
Director/trustee, officer, 1.0 hrs/week
$0$1,175,262$41,635$1,216,897
TRUSTEE/CMO
Director/trustee, 1.0 hrs/week
$0$497,243$49,520$546,763
SECRETARY
Officer, 40.0 hrs/week
$0$246,071$38,719$284,790
TREASURER
Officer, 1.0 hrs/week
$0$213,625$12,957$226,582

0 people received more than $100,000 in reportable compensation from Mary Free Bed Rehabilitation Hospital Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $300K (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$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$31M$12M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$31M$12M85.9%$58M$1,216,897
FY2024 ⓘ$25M$4.5M66.9%$40M$1,128,043
FY2023 ⓘ$8.1M$4.0M63.0%$18M$1,122,383
FY2022 ⓘ$4.1M$3.3M58.1%$14M$967,096
FY2021 ⓘ$10M$2.5M47.4%$14M$1,377,434
FY2020 ⓘ$2.7M$2.4M52.7%$5.3M$841,099

Governance answers, as filed

FY2025 · 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–1b12 · 10 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 15aNo
  • 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 4No
  • 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 50
  • Volunteers Part I, line 698

Private foundation grants it received

19 private foundations reported grants to Mary Free Bed Rehabilitation Hospital Foundation totaling $2.1M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Mary Free Bed Rehabilitation Hospital Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Mary Free Bed Rehabilitation Hospital Foundation, you can publish a response that is linked from this page.

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Questions people ask

How much of Mary Free Bed Rehabilitation Hospital Foundation's spending goes to programs?

In the fiscal year ending March 31, 2025, Mary Free Bed Rehabilitation Hospital Foundation reported that 85.9% of its $12.3 million in expenses went to program services, 3.4% to management and general and 10.7% to fundraising (Form 990, Part IX).

How much does Mary Free Bed Rehabilitation Hospital Foundation pay its top executive?

The largest total compensation Mary Free Bed Rehabilitation Hospital Foundation reported for one person in the fiscal year ending March 31, 2025 was $1,216,897, for the role of President (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Mary Free Bed Rehabilitation Hospital Foundation get its money?

Of $30.8 million in revenue in the fiscal year ending March 31, 2025, 93.8% came from contributions and grants (including 6.3% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).

Is Mary Free Bed Rehabilitation Hospital Foundation a registered charity?

The IRS lists EIN 46-1164285 as a 501(c)(3) organization (supporting organization, type i), 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

  • FY2025: Form 990 for the fiscal year ending March 31, 2025, object 202640479349301514 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending March 31, 2024, object 202510379349301851 · read the filing
  • FY2023: Form 990 for the fiscal year ending March 31, 2023, object 202430379349300048 · read the filing
  • FY2022: Form 990 for the fiscal year ending March 31, 2022, object 202330379349300118 · read the filing
  • FY2021: Form 990 for the fiscal year ending March 31, 2021, object 202240409349301474 · read the filing
  • FY2020: Form 990 for the fiscal year ending March 31, 2020, object 202130399349300833 · read the filing

All filings for EIN 46-1164285: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.