NonprofitsMemorial Hospital

Health Care

Memorial Hospital

OWOSSO, MI

Total revenue

$352.4M

Total expenses

$340.8M

Net assets

$118.0M

Grants received

$3.5M

12 grants

EIN

381358208

Tax year

2024

Mission

To provide healthcare services to patients.

Programs

3 programs

Ancillary services (outpatient visits: 251,310, outpatient surgeries: 4,189, pain management visits: 6,054

Expenses: $118.9M

Mma services (physician clinics, mma rvu's: 542,437

Expenses: $63.6M

All other program services

Expenses: $62.1M

Financials

FY 2024

Revenue

Contributions & grants$258K
Program service revenue$344.8M
Investment income$2.5M
Other revenue$4.9M
Total revenue$352.4M

Expenses

Grants paid
Salaries & benefits$153.3M
Fundraising$172K
Other expenses$187.5M
Total expenses$340.8M
Total assets$215.1M
Net assets$118.0M

People

26 listed

NameRoleCompensation

BRIAN L LONG

EXECUTIVE DIRECTOR/CEO

Board

$885K

58 hrs/wk

JOSEPH E TESTA DO

MEMBER

Board

$484K

40 hrs/wk

MARGARET R FREY DO

MEMBER

Board

$370K

40 hrs/wk

ANTHONY A PATSY DO

MEMBER

Board

$350K

39 hrs/wk

JORRI TREMAIN

CFO

Board

$312K

40 hrs/wk

MICHAEL L ASH

MEMBER

Board

2 hrs/wk

BARBARA BAKEROMEROD

MEMBER

Board

2 hrs/wk

JERRY D WALDEN

SECRETARY

Board

2 hrs/wk

WILFRED BILL A FARRELL

TREASURER

Board

2 hrs/wk

BRYAN K MARKS

MEMBER

Board

2 hrs/wk

TONY M YOUNG

VICE PRESIDENT

Board

2 hrs/wk

DAVID R WAKELAND

MEMBER

Board

2 hrs/wk

GREGORY P BONTRAGER

PRESIDENT

Board

2 hrs/wk

BRUCE J WENZLICK

MEMBER

Board

2 hrs/wk

THOMAS E CAMPBELL

MEMBER

Board

2 hrs/wk

SHANA M ESPINOZA

MEMBER

Board

2 hrs/wk

RAMY M KURDI DO

PHYSICIAN

Staff

$1.2M

40 hrs/wk

TAREK R PACHA DO

PHYSICIAN

Staff

$1.1M

40 hrs/wk

HAZEM TABBAA DO

VICE CHIEF OF STAFF

Staff

$940K

40 hrs/wk

ASHRAF M ELBANNA MD

PHYSICIAN

Staff

$939K

40 hrs/wk

SASHA M SPENCLEY DO

PHYSICIAN

Staff

$850K

40 hrs/wk

IRA STANLEY FRYE MD

PHYSICIAN

Staff

$825K

40 hrs/wk

JOSEPH M BUSTAMANTE DO

CHIEF MEDICAL OFFICER

Staff

$527K

40 hrs/wk

THOMAS KURTZ

COO

Staff

$355K

40 hrs/wk

ABBIE MAJZEL

COA

Staff

$274K

40 hrs/wk

JOYCE BREMER

VP PHYSICIAN PRACTICE MANAGEMENT

Staff

$265K

40 hrs/wk

Independent contractors

ACCOUNTABLE HEALTHCARE STAFFING

STAFFING SERVICES

$4.6M

ALLIANCE HNI LLC

RENTAL OF EQUIPMENT

$2.6M

AMERICAN HEALTHCARE STAFFING ASSOCIATION

STAFFING SERVICES

$1.6M

ECS CENTRAL MICHIGAN PC

CONTRACTED EMERGECY ROOM PHYSICIANS

$1.6M

UMS SHIAWASSEE COUNTY URS LITHOTRIPSY

ABLATION TREATMENTS

$1.5M

Grants received

Showing 12 of 12

FromAmountPurposeYear
$147K
GRANTS PROVIDED TO MEMORIAL HEALTHCARE FOR PURPOSES INCLUDING PATIENT CARE, EDUCATION, AND EQUIPMENT PURCHASES.
2024
$495K
GRANTS PROVIDED TO MEMORIAL HEALTHCARE FOR PURPOSES INCLUDING PATIENT CARE, EDUCATION, AND EQUIPMENT PURCHASES.
2023
$200K
PERINATAL SOCIAL DETERMINANTS OF HEALTH
2023
$148K
GRANT PASS THROUGH
2023
$1.2M
GRANT PASS THROUGH
2022
$461K
VARIOUS CAPITAL, SUPPLY AND STAFFING NEEDS
2022
$725K
GRANT PASS THROUGH
2021
$90K
GRANT PASS THROUGH FOR COVID-19
2020
$88K
TO FURTHER THE EDUCATION OF THE COMMUNITY AND ESTABLISH FUNDS FOR THE PURCHASE OF ADDITIONAL MEDICAL EQUIPMENT
2020
$1K
COVID-19 EMERGENCY ASSISTANCE
2020

Funded by

$3.5M from 6 funders · 12 grants · 2020–2024

Michigan Health & Hospital Association

$2.1M · 4 grants · 2020–2023

Memorial Healthcare Foundation

$1.2M · 4 grants · 2020–2024

Michigan Health Endowment Fund

$200K · 1 grant · 2023

John R Shofnitz Charitable Trust

$9K · 1 grant · 2021

Commerce Bancshares Foundation

$1K · 1 grant · 2020

Details

EIN381358208
NTEE codeE220
Subsection03
Ruling date1937-05
Formed1919
Employees1918
Volunteers60
MEMORIAL HOSPITAL — Mission, Financials & Grants Received | Grantivo