Sparrow Ionia Hospital is a 501(c)(3) organization based in Ionia, Michigan, registered in 1995, with $74,527,033 in FY2023 revenue. CharityIndex grades it A, and it directs about 79% of spending to programs.
Revenue (FY2023)
$74.5M
▲ 115.9% vs prior year
Health median: $840K
Expenses (FY2023)
$60.6M
Net assets
$76.9M
Employees
381
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Sparrow Ionia Hospital: 79% to programs · $0 to raise $100 earns a B+ on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Sparrow Ionia Hospital: 15 mo reserves · +19% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Sparrow Ionia Hospital: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Sparrow Ionia Hospital: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Sparrow ionia hospital is committed to improving and maintaining the health of the people in the communities we serve.
University of michigan health - sparrow ionia operates three physician practice offices within ionia county, offering primary care as well as some specialty care within areas such as ob/gyn, general surgery, orthopedics, gastroenterology, urology and nephrology. the primary care practices are located in the communities of ionia, saranac, and portland, and are designated as rural health centers as well as patient-centered medical homes. umh - sparrow ionia accepts all governmental payers including medicare, medicaid, and tricare, with reimbursement rates at or below costs. additionally, umh - sparrow ionia's charity care policy covers services in the outpatient setting, in turn providing free care to those in the community who qualify. for the year ended june 30, 2024, there were 77,508 visits in our physician offices.
University of michigan health - sparrow ionia's inpatient services are typical of a small rural facility. operating 22 beds, umh - sparrow ionia provides nursing and physician services 24 hours a day, 7 days a week. for the year ended june 30, 2024, there were 721 admissions with 2,006 inpatient days of care. nursing staff are on site 100% of the time, and hospitalist coverage is available on an on-call basis 100% of the time when not in the hospital. umh - sparrow ionia accepts all governmental payers including medicare, medicaid, and tricare with reimbursement at or below costs. additionally, the hospital's charity care policy covers all inpatient services, in turn providing free care to those in the community who qualify.
All other program services include services such as radiology, laboratory, respiratory therapy, physical therapy, infusion services, as well as inpatient hospital services.
Revenue grew from $33.1M (FY2014) to $74.5M (FY2023) across 10 reported years.
Financial snapshot
Operating margin
18.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$86.1M
Total liabilities
$9.2M
Net assets
$76.9M
Salaries & benefits
$31.7M
52% of expenses
Board members
12
10 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $74,527,033▲116% | $60,577,555▲112% | $76,883,243▲22.4% | $86,112,054▲21.3% | 990 |
| 2022 | $34,524,806▼47.7% | $28,555,951▼50.3% | $62,805,828▲32.3% | $71,009,230▲23.4% | 990 |
| 2021 | $66,036,782▲8.3% | $57,402,358▲6.9% | $47,473,739▲22.2% | $57,565,680▲25.3% | 990 |
| 2020 | $60,974,619▲4.9% | $53,707,432▼2.8% | $38,839,315▲23.0% | $45,930,345▲20.3% | 990 |
| 2019 | $58,142,034▲9.3% | $55,262,847▲8.4% | $31,572,128▲10.0% | $38,185,134▲10.8% | 990 |
| 2018 | $53,178,995▲9.3% | $50,991,600▲3.6% | $28,692,941▲8.3% | $34,454,617▼4.5% | 990 |
| 2017 | $48,633,937▲1.5% | $49,199,669▲4.4% | $26,505,546▼2.1% | $36,088,056▼13.0% | 990 |
| 2016 | $47,892,846▲21.4% | $47,121,668▲17.8% | $27,071,278▲2.9% | $41,500,833▼3.8% | 990 |
| 2015 | $39,450,631▲19.1% | $40,011,180▲10.3% | $26,300,100▲1313% | $43,147,271▲237% | 990 |
| 2014 | $33,134,664 | $36,265,676▲11.1% | $1,860,649▼65.4% | $12,809,326▼17.6% | 990 |
| 2012 | — | $32,645,529▲6.4% | $5,383,520▲19.0% | $15,543,397▲11.3% | 990 |
| 2011 | — | $30,669,807▲9.8% | $4,525,528▲15.8% | $13,960,540▲38.5% | 990 |
| 2009 | — | $27,924,412 | $3,908,676 | $10,077,647 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Michael Vaccariello Md — $688,873 (1.14% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Michael Vaccariello Md | Physician | 40 | $688,873 |
| Alicia Ballard Do | Physician | 40 | $589,145 |
| Amy Jentz Md | Physician | 40 | $527,276 |
| Ronald Hyde Do | Physician Pr | 40 | $519,689 |
| Bhagya Venkatesh Md | Physician | 40 | $469,199 |
| Zuhair Abualrihy | Physician | 40 | $420,701 |
| Linda Reetz Rn | President | 20 | $293,649 |
| Ami Kihn | Former Treas | 1 | — |
| Amy Herbruck | Director | 1 | — |
| Brandon Richmond | Director | 1 | — |
| Brett Reich Do | Director | 1 | — |
| Brian Talbot | Director | 1 | — |
| Bruce Shively | Cfo | 13 | — |
| Constance O'malley | Director/coo | 1 | — |
| Elle Lehman | Director | 1 | — |
| Helen Johnson | Former Regio | 1 | — |
| John Milewski II | Vice Chair | 1 | — |
| Kira Carter-robertson | Director | 1 | — |
| Margaret Dimond Phd | Regional Pre | 0 | — |
| Mark Brisboe | Former Cfo | 0 | — |
| Contractor | Services | Paid |
|---|---|---|
| Gordon Construction Svc Inc | Gen. Contractor | $1,740,183 |
| Alliance-hni Leasing Co LLC | Mobile Mri Svc | $781,701 |
| Aya Healthcare Inc | Agency Staffing | $683,003 |
| Wolverine Building Group | Gen. Contractor | $492,685 |
| Fastaff Inc | Agency Staffing | $456,332 |
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Data for Sparrow Ionia Hospital (EIN 38-3218134) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.