2025-02-10T13:10:49-06:00 2024-03-31 331498605 PLANTE & MORAN PLLC 2601 CAMBRIDGE CT STE 300 AUBURN HILLS MI 48326 990 2023-04-01 382643391 MARY FREE BED ORTHOTICS AND PROSTHETICS MARY 8005288989 235 WEALTHY ST SE GRAND RAPIDS MI 495035247 RYAN PODVIN CHIEF FINANCIAL OFFICER 8005288989 2025-02-05 1 1 SAMANTHA L BECKER P01344887 2483757100 2025-01-27 2023 2025-03-06 01:10:19Z MARY FREE BED ORTHOTICS PROSTHETICS AND BIONICS RYAN PODVIN 235 WEALTHY ST SE GRAND RAPIDS MI 495035247 22955475 0 X WWW.MARYFREEBEDOANDP.COM X 1985 MI TO RESTORE INDEPENDENCE, HOPE AND FREEDOM TO PEOPLE NEEDING ORTHOTIC, PROSTHETIC, SEATING AND ADAPTIVE EQUIPMENT. WE SEEK EXCELLENCE THROUGH INNOVATION, LEADERSHIP AND ADVOCACY. 26 23 141 24 0 0 23936 180 20504537 21972923 -231382 161107 0 0 20297091 22134210 0 0 0 0 9941748 9715784 0 0 0 9833483 10169459 19775231 19885243 521860 2248967 17390713 20385285 1712807 1872059 15677906 18513226 X TO RESTORE INDEPENDENCE, HOPE AND FREEDOM TO PEOPLE NEEDING ORTHOTIC, PROSTHETIC, SEATING AND ADAPTIVE EQUIPMENT. WE SEEK EXCELLENCE THROUGH INNOVATION, LEADERSHIP AND ADVOCACY. 0 0 4611225 6361732 SERVICES INCLUDE THE FITTING, DESIGNING AND FABRICATION OF ORTHOTIC AND PROSTHETIC DEVICES FOR PHYSICALLY AFFECTED INDIVIDUALS. 3,883 PATIENT TRANSACTIONS FOR FISCAL YEAR 3/31/2024. 8067971 12033239 SATELLITE CLINICS - PROVIDING SERVICES TO PEOPLE NEEDING ORTHOTIC, PROSTHETIC DEVICES FOR PHYSICALLY AFFECTED INDIVIDUALS.7,177 PATIENT TRANSACTIONS FOR FISCAL YEAR 3/31/2024. 2666031 3041146 JOINT VENTURES - PROVIDING SERVICES TO PEOPLE NEEDING ORTHOTIC, PROSTHETIC DEVICES FOR PHYSICALLY AFFECTED INDIVIDUALS.3,187 PATIENT TRANSACTIONS FOR FISCAL YEAR 3/31/2024. 413426 536806 CONTRACT REVENUE - PROVIDING SUPPORT SERVICES TO JOINT VENTURE SITES AND OVERHEAD EXPENSES FOR ALL SITES. 413426 536806 15758653 1 0 0 1 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 9 0 1 141 1 0 0 0 0 0 0 0 0 0 0 0 0 X 26 23 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 MI X RYAN PODVIN 6168408676 235 WEALTHY ST SE GRAND RAPIDS MI 495035247 DR BENJAMIN BRUINSMA MD CMO 1.00 41.00 X 0 449002 66702 DAVID MUIR CHAIRMAN 1.00 1.00 X X 0 0 0 KENT RIDDLE CEO 1.00 57.00 X X 0 1065549 62494 JENNIFER TAYLOR VICE CHAIRMAN 1.00 3.00 X X 0 0 0 MAUREEN KOZEL SECRETARY 1.00 1.00 X X 0 0 0 DAN VAUGHAN TREASURER 1.00 1.00 X X 0 0 0 SUE KINSLER ASST. TREASURER 1.00 2.00 X X 0 0 0 DR MICHAEL JAKUBOWSKI MD DIRECTOR (THRU 5/23) 1.00 55.00 X 0 380200 57290 SANDRA GADDY DIRECTOR (THRU 5/23) 1.00 1.00 X 0 0 0 AMY ABBOTT DIRECTOR 1.00 1.00 X 0 0 0 AMY STUURSMA DIRECTOR 1.00 3.00 X 0 0 0 BECKY BECHLER DIRECTOR 1.00 1.00 X 0 0 0 BRAD MATHIS DIRECTOR 1.00 1.00 X 0 0 0 CAMERON YOUNG DIRECTOR 1.00 1.00 X 0 0 0 DAVE BEEMER DIRECTOR 1.00 1.00 X 0 0 0 DEB KAY DIRECTOR 1.00 1.00 X 0 0 0 HOLLY PETERSON DIRECTOR 1.00 1.00 X 0 0 0 DR JEFFREY KRAMER MD DIRECTOR 1.00 40.00 X 0 141294 32793 KEVIN BIRCHMEIER DIRECTOR 1.00 1.00 X 0 0 0 LUIS AVILA DIRECTOR 1.00 1.00 X 0 0 0 MARGARET NAULT DIRECTOR 1.00 1.00 X 0 0 0 MARYLN WALTON DIRECTOR 1.00 1.00 X 0 0 0 NANCY ALBERS DIRECTOR 1.00 1.00 X 0 0 0 PAMELA BUSCHLE DIRECTOR 1.00 2.00 X 0 0 0 STEPHEN DREW DIRECTOR 1.00 1.00 X 0 0 0 SUSAN BLOSS DIRECTOR 1.00 2.00 X 0 0 0 TONJA MOYER DIRECTOR 1.00 1.00 X 0 0 0 WENDY STOCK DIRECTOR 1.00 2.00 X 0 0 0 RYAN PODVIN CFO 1.00 50.50 X 0 357902 66261 SCOTT RIDDLE VP OF O&P 40.00 0.00 X 188837 0 38440 ROBERT TUCK DIR. OF NETWORK DEV. 40.00 0.00 X 150395 0 29939 TIM SALLEY DIR. OF CLINICAL OPS 40.00 0.00 X 129742 0 26745 KIRK FERRIS CERT. ORT. & PROS 40.00 0.00 X 127148 0 16745 ROBERT LIPSCHUTZ CERT. ORT. & PROS 40.00 0.00 X 113022 0 26860 TODD SALLEY BUSINESS DEV. MGR. 40.00 0.00 X 112250 0 10447 821394 2393947 434716 12 0 1 0 0 180 180 NET PATIENT SERVICE REVENUE 621400 21044542 21044542 CONTRACT REVENUE 621400 553268 553268 NETWORK REVENUE 621400 375113 375113 21972923 122585 122585 859787 821265 38522 38522 38522 22134210 21972923 0 161107 200220 200220 7566937 5977552 1589385 1385405 1066198 319207 563222 457283 105939 325000 325000 20067 20067 3360 3360 1340208 139241 1200967 96097 16508 79589 76460 59759 16701 573160 484620 88540 143672 128727 14945 46238 29429 16809 316722 315924 798 89203 89203 MEDICAL SUPPLIES 6888723 6888723 BAD DEBT EXPENSE 96702 96702 DUES AND SUBSCRIPTIONS 41823 6438 35385 REPAIRS AND REPLACEMENT 22144 22144 89880 69405 20475 19885243 15758653 4126590 0 2689141 5045871 2490951 2617261 732098 869954 36091 51737 6598262 3412029 3391705 3186233 4914249 5646781 283478 283478 2659865 2659865 193135 24105 17390713 20385285 1362181 1515616 350626 356443 1712807 1872059 X 15677906 18513226 15677906 18513226 17390713 20385285 2248967 586353 0 X X 0 1 X 1 0 X 91000 75000 30000 23936 180 220116 15791197 14453956 18312133 20504537 21972923 91034746 15882197 14528956 18342133 20528473 21973103 91254862 0 0 0 91254862 121284 118039 176210 36065 122585 574183 121284 118039 176210 36065 122585 574183 16003481 14646995 18518343 20564538 22095688 91829045 0.99370 0.99250 0.00630 0.00750 X 0 0 0 0 0 0 0 0 1 3360 3360 0 PART II-B, LINE 1: A PORTION OF DUES PAID TO BOC, MOPA, AND AOPA IS ALLOCATED TO LOBBYING. 256702 256702 3663344 1315731 2347613 528515 344066 184449 2149701 1752232 397469 3186233 DUE TO RELATED THIRD PARTIES 356443 356443 0 1 0 0 0 0 0 1 0 KENT RIDDLE CEO 0 906955 0 158594 0 0 0 44212 0 18282 0 1128043 0 0 DR BENJAMIN BRUINSMA MD CMO 0 433162 0 15840 0 0 0 45900 0 20802 0 515704 0 0 DR MICHAEL JAKUBOWSKI MD DIRECTOR (THRU 5/23) 0 329718 0 50482 0 0 0 37314 0 19976 0 437490 0 0 RYAN PODVIN CFO 0 314815 0 43087 0 0 0 45460 0 20801 0 424163 0 0 SCOTT RIDDLE VP OF O&P 171465 0 17372 0 0 0 17644 0 20796 0 227277 0 0 0 ROBERT TUCK DIR. OF NETWORK DEV. 149795 0 600 0 0 0 9146 0 20793 0 180334 0 0 0 DR JEFFREY KRAMER MD DIRECTOR 0 141294 0 0 0 0 0 12000 0 20793 0 174087 0 0 TIM SALLEY DIR. OF CLINICAL OPS 129142 0 600 0 0 0 8047 0 18698 0 156487 0 0 0 PART I, LINE 3 THE ORGANIZATION'S PRESIDENT, KENT RIDDLE, IS COMPENSATED BY A RELATED PARTY WHO USES A COMPENSATION COMMITTEE, FORM 990 OF OTHER ORGANIZATIONS, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE COMPENSATION COMMITTEE TO DETERMINE HIS COMPENSATION. PART I, LINE 4B MARY FREE BED REHABILITATION HOSPITAL (MFB) MAINTAINS A SUPPLEMENTAL RETIREMENT PLAN (SERP) FOR A SELECT GROUP OF EXECUTIVES OF MFB AND ITS AFFILIATED ENTITIES. THIS SERP IS AN UNFUNDED, NONQUALIFIED DEFERRED COMPENSATION PLAN THAT IS INTENDED TO COMPLY WITH SECTION 457(F) OF THE INTERNAL REVENUE CODE. BENEFITS UNDER THIS SERP IS TAXABLE TO THE PARTICIPATING EXECUTIVES WHEN SUCH AMOUNTS ARE VESTED. KENT RIDDLE IS A PARTICIPANT OF THIS PLAN. THERE WERE NO SERP PAYMENTS DURING THE YEAR. PART I, LINE 7 NON-FIXED PAYMENTS WERE MADE TO SCOTT RIDDLE THAT WERE PREDICATED ON SCOTT MEETING CERTAIN INDIVIDUAL AND TEAM GOALS WHICH ARE SPELLED OUT IN HIS CONTRACT. FORM 990, PART VI, SECTION A, LINE 2 SCOTT RIDDLE AND KENT RIDDLE HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 MARY FREE BED REHABILITATION HOSPITAL IS THE SOLE MEMBER. FORM 990, PART VI, SECTION A, LINE 7A MARY FREE BED HOSPITAL BOARD OF TRUSTEES ELECT THE MEMBERS OF THE BOARD OF TRUSTEES. IN ADDITION, 50% OF THE BOARD OF TRUSTEES MUST BE COMPRISED OF THE MARY FREE BED GUILD OR ITS JUNIOR AUXILIARY GUILD. FORM 990, PART VI, SECTION A, LINE 7B APPROVAL OF MARY FREE BED REHABILITATION, IN ITS CAPACITY AS SOLE CORPORATE SHAREHOLDER SHALL BE REQUIRED: A. TO CHANGE THE PURPOSE OR PHILOSOPHY OF THE CORPORATION; B. TO AMEND THE ARTICLES OF INCORPORATION OR BYLAWS OF THE CORPORATION; C. TO DISSOLVE OR LIQUIDATE THE CORPORATION; D. TO MERGE OR CONSOLIDATE WITH ANOTHER CORPORATION; E. TO REMOVE THE TRUSTEES OF THE CORPORATION; F. TO CREATE OR ACQUIRE A NEW SUBSIDIARY CORPORATION, OR TO SELL OR OTHERWISE DISPOSE OF EXISTING SUBSIDIARIES; G. TO PURCHASE, ACQUIRE, SELL, LEASE, EXCHANGE, MORTGAGE, GIVE AS SECURITY, OR DISPOSE OF ANY REAL PROPERTY OWNED, HELD OR LEASED BY THE CORPORATION; H. TO GUARANTEE THE DEBT OF OTHERS BY THE CORPORATION; I. TO ADOPT ANY LONG-RANGE PLAN OF THE CORPORATION; J. IN OTHER CASES WHERE REQUIRED BY LAW. ADDITIONALLY, MFB GUILD RETAINS CERTAIN RESERVE POWERS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CFO PRIOR TO FILING. AFTER COMPLETION OF THE RETURN, RETURN WILL BE POSTED TO AN INTERNAL WEBSITE PORTAL FOR ALL BOARD MEMBERS TO REVIEW BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICIES ARE UPDATED ANNUALLY BY ALL BOARD MEMBERS, OFFICERS AND STAFF. PROCESS IS ADMINISTERED OUT OF THE EXECUTIVE ADMINISTRATION OFFICE. ANY DISCLOSED CONFLICTS OF INTEREST WOULD BE DISCLOSED TO THE BOARD OF DIRECTORS AND ASSURANCES OBTAINED THAT NO ILLEGAL OR SUBSIDIZED ACTIVITIES ARE OCCURRING. IF A CONFLICT OF INTEREST IS EXPOSED, THE INDIVIDUAL WHO IS THE SUBJECT OF THE CONFLICT IS EXCUSED FROM THE MEETING SO THE REST OF THE BOARD MAY DISCUSS THE ISSUE AND TAKE APPROPRIATE ACTION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT AVAILABLE FOR PUBLIC INSPECTION. FINANCIAL STATEMENTS ARE SUMMARIZED IN AN ANNUAL REPORT WHICH IS AVAILABLE TO THE PUBLIC. FORM 990, PART XII, LINE 2C THERE HAS BEEN NO CHANGE IN PROCESS FROM PRIOR YEAR. MARY FREE BED GUILD FUND 235 WEALTHY STREET SE GRAND RAPIDS MI 49503 382643392 SUPPORTING ORGANIZATION MI 501(C)(3) LINE 12A, I MARY FREE BED GUILD 1 MARY FREE BED GUILD 235 WEALTHY STREET SE GRAND RAPIDS MI 49503 382649369 CHARITABLE HEALTHCARE MI 501(C)(3) LINE 7 N/A 0 MARY FREE BED REHABILITATION HOSPITAL 235 WEALTHY STREET SE GRAND RAPIDS MI 49503 381359265 CHARITABLE HEALTHCARE MI 501(C)(3) LINE 3 MARY FREE BED GUILD 1 MARY FREE BED REHABILITATION HOSPITAL FOUNDATION 235 WEALTHY STREET SE GRAND RAPIDS MI 49503 461164285 SUPPORTING ORGANIZATION MI 501(C)(3) LINE 12A, I MARY FREE BED REHABILITATION HOSPITAL 1 ASSOCIATION FOR THE BLIND AND VISUALLY IMPAIRED 456 CHERRY SE GRAND RAPIDS MI 49503 381387122 CHARITABLE HEALTHCARE MI 501(C)(3) LINE 7 MARY FREE BED REHABILITATION HOSPITAL 1 THE FOUNDATION IN SUPPORT OF THE ASSOCIATION FOR THE BLIND 456 CHERRY SE GRAND RAPIDS MI 49503 383382541 SUPPORTING ORGANIZATION MI 501(C)(3) LINE 12A, I ASSOCIATION FOR THE BLIND AND VISUALLY IMPAIRED 1 MARY FREE BED INSURANCE COMPANY PCC 235 WEALTHY STREET SE GRAND RAPIDS MI 49503 854388186 RISK MANAGEMENT MI 501(C)(3) LINE 12A, I MARY FREE BED REHABILITATION HOSPITAL 1 RHH-MFB HEALTH VENTURES LLC 400 NORTHPOINTE CIRCLE SUITE 203 SEVEN FIELDS PA 16046 811066258 IN-HOME NURSING MI N/A 0 0 MARY FREE BED REHABILITATION LLC 235 WEALTHY ST SE GRAND RAPIDS MI 49503 383584123 PHYSICAL THERAPY MI N/A C 1 MARY FREE BED CONDOMINIUM ASSOCIATION 235 WEALTHY ST SE GRAND RAPIDS MI 49503 382694280 CONDO MAINTENANCE MI N/A C 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 MARY FREE BED REHABILITATION HOSPITAL K 82413 ACTUAL COSTS INCURRED MARY FREE BED REHABILITATION HOSPITAL L 134501 ACTUAL COSTS INCURRED MARY FREE BED REHABILITATION HOSPITAL O 906000 ACTUAL COSTS INCURRED MARY FREE BED REHABILITATION HOSPITAL P 67500 ACTUAL COSTS INCURRED