Three Rivers Health System Inc
78% goes to programs $0 to raise $100 Strong reserves
Three Rivers Health System Inc is a 501(c)(3) organization based in Three Rivers, Michigan, registered in 2012, with $80,250,975 in FY2024 revenue. CharityIndex grades it A, and it directs about 78% of spending to programs.
701 S Health Parkway, Three Rivers, MI, 49093 EIN 45-1257972 Since 2012
Revenue (FY2024)
$80.3M
▲ 8.7% vs prior year
Health median: $840K
Expenses (FY2024)
$73.7M
Net assets
$51.3M
Employees
525
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
B+Program efficiency40% of the rating78% to programs · $0 to raise $100
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 Three Rivers Health System Inc: 78% to programs · $0 to raise $100 earns a B+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating8 mo reserves · +8% margin
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 Three Rivers Health System Inc: 8 mo reserves · +8% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
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 Three Rivers Health System Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
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 Three Rivers Health System Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
We deliver outstanding care, inspire health, and connect with heart.
Contact & location
- Address
- 701 S Health Parkway, Three Rivers, MI, 49093
- City
- Three Rivers
- State
- Michigan
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $41.8M (FY2013) to $80.3M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $11.7MNet assets $51.3M
Operating margin
8.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$63.0M
Total liabilities
$11.7M
Net assets
$51.3M
Salaries & benefits
$36.7M
50% of expenses
Board members
8
7 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $80,250,975▲8.7% | $73,690,911▼0.3% | $51,299,124▲17.7% | $62,993,423▲16.4% | 990 |
| 2023 | $73,808,126▲1.0% | $73,920,924▼3.0% | $43,578,607▲57.7% | $54,102,951▲39.3% | 990 |
| 2022 | $73,041,377▼6.1% | $76,175,908▲3.7% | $27,626,240▲3.7% | $38,845,134▼13.5% | 990 |
| 2021 | $77,773,698▲3.2% | $73,483,748▲4.6% | $26,650,218▲113% | $44,921,544▲10.1% | 990 |
| 2020 | $75,378,494▲2.1% | $70,270,383▼0.4% | $12,529,360▲68.8% | $40,789,143▲98.4% | 990 |
| 2019 | $73,808,791▲12.6% | $70,518,187▲7.9% | $7,421,249▲79.7% | $20,553,901▲4.4% | 990 |
| 2018 | $65,547,151▲5.8% | $65,349,815▲3.2% | $4,130,645▲5.0% | $19,696,346▲6.7% | 990 |
| 2017 | $61,941,245▲0.7% | $63,331,550▲2.1% | $3,933,309▼26.1% | $18,465,591▲8.8% | 990 |
| 2016 | $61,529,862▲8.8% | $62,003,540▲10.3% | $5,323,614▼8.2% | $16,972,640▲0.3% | 990 |
| 2015 | $56,542,013▲10.2% | $56,193,758▲6.5% | $5,797,292▲6.4% | $16,925,787▼0.6% | 990 |
| 2014 | $51,317,703▲22.9% | $52,776,990▲18.9% | $5,449,037▼21.1% | $17,020,110▼11.9% | 990 |
| 2013 | $41,769,580 | $44,394,141 | $6,908,324 | $19,329,742 | 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.
Leadership & compensation (FY2024)
Highest-paid: Erika L Dearing — $372,909 (0.51% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Erika L Dearing | Employed Physician | 40 | $372,909 |
| Jessica Puckett | Employed Physician | 40 | $369,923 |
| Alyssa Erskine | Employed Physician | 40 | $340,560 |
| Todd M Ozdych | Employed Physician | 40 | $328,932 |
| James Macdonald | Employed Physician | 40 | $324,689 |
| Hope Bailey | Former Vp Nursing | 0 | $258,447 |
| Linda Evans Md | Director, Physician | 40 | $208,381 |
| Adam Goff Od | Director | 2 | $1,016 |
| Ed Reed | Director | 2 | $200 |
| Jennifer Platz | Director | 2 | $200 |
| Jim Stuck | Director | 2 | $200 |
| Laurie A Hines | Chair | 2 | $200 |
| Raymond L Bendure Phd | Vice Chair | 2 | $200 |
| Rick Cordes | Secretary | 2 | $200 |
| Jeffrey P Costello | Cfo | 2 | — |
| Kreg R Gruber | Ceo | 2 | — |
| Maria A Behr | President | 40 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| 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 |
Grants received · $757K total
3 grants to Three Rivers Health System Inc totaling $757K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Michigan Health and Hospital Association | Grant pass through | 2022 | $500,000 |
| Michigan Health and Hospital Association | Grant pass through | 2021 | $250,000 |
| Michigan Health and Hospital Association | Grant pass through for covid-19 | 2020 | $6,757 |
Grants made · $20K in FY2024
1 grant totaling $20K in FY2024. All grants made by Three Rivers Health System Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Branch-hillsdale-st Joseph Community Health Agency | General support | $20,000 |
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Frequently asked questions
- Is Three Rivers Health System Inc a legitimate nonprofit?
- Yes. Three Rivers Health System Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 45-1257972, based in Three Rivers, Michigan. Donations are tax-deductible.
- What is Three Rivers Health System Inc's EIN?
- Three Rivers Health System Inc's Employer Identification Number (EIN) is 45-1257972.
- How much revenue does Three Rivers Health System Inc report?
- Three Rivers Health System Inc reported $80,250,975 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Three Rivers Health System Inc's spending goes to programs?
- Three Rivers Health System Inc spends about 78% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Three Rivers Health System Inc have?
- CharityIndex grades Three Rivers Health System Inc A, based on program efficiency and fundraising cost.
- How much does Three Rivers Health System Inc's highest-paid employee make?
- The highest reported compensation on Three Rivers Health System Inc's latest Form 990 is $372,909, paid to Erika L Dearing (Employed Physician).
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Data for Three Rivers Health System Inc (EIN 45-1257972) 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.