METROPOLITAN HOSPITAL

EIN: 380593405 501(c)(3) Health Care

WYOMING, MI

Total Revenue
$602,734,235
Total Expenses
$618,715,893
Total Assets
$459,314,861
Net Assets
$48,905,805
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Financial Trends

Organization Details

Formation Year
1942
Legal Domicile
MI
Principal Officer
KRISTI BELMORE
Tax Period
2023-07-01 to 2024-06-30

METROPOLITAN HOSPITAL, founded in 1942, is a major nonprofit in the Health Care sector that reported $602.7M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

METRO HEALTH'S MISSION IS TO IMPROVE THE HEALTH AND WELL-BEING OF OUR COMMUNITIES. TO THAT END THE ORGANIZATION BELIEVES THE FOUNDATION OF GOOD HEALTH IS BASED ON EXCELLENT QUALITY PRIMARY CARE. THE ORGANIZATION IS ANCHORED BY A 208-BED, GENERAL ACUTE CARE COMMUNITY HOSPITAL. ADDITIONALLY, IT OPERATES 13 NEIGHBORHOOD OUTPATIENT CENTERS, STUDENT HEALTH FACILITIES AT GRAND VALLEY STATE UNIVERSITY AND A COMMUNITY CLINIC FOR THE UNDERSERVED. THE NEIGHBORHOOD OUTPATIENT CENTERS REACHES OUT TO THE ORGANIZATION'S SERVICE AREA, ALLOWING PATIENTS ACCESS TO QUALITY HEALTHCARE CLOSE TO HOME; SERVICES AT THEM INCLUDE PRIMARY CARE, LAB SERVICES, MAMMOGRAPHY, X-RAY AND PHYSICAL THERAPY. IN ADDITION TO PRIMARY CARE SERVICES, THE ORGANIZATION PROVIDES SPECIALTY CARE AT ITS HEART AND VASCULAR PRACTICE, CANCER CENTER, AMBULATORY SURGERY CENTER, OPHTHALMOLOGY OFFICE, SLEEP LAB AND OTHER SITES. THE ORGANIZATION ALSO FOCUSES ON IMPROVING THE HEALTH OF THE COMMUNITY BEFORE PEOPLE NEED HEALTHCARE. IT DOES TH

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,600,025
Program Service Revenue $600,106,669
Investment Income $27,541
Other Revenue $0
TOTAL REVENUE $602,734,235

Expense Breakdown

Grants Paid $0
Salaries & Benefits $293,708,006
Fundraising Expenses $637,313
Program Expenses $511,767,826
Other Expenses $325,007,887
TOTAL EXPENSES $618,715,893

Year-over-Year Comparison

2023 2022 Change
Revenue $602,734,235 $552,971,583 +0.1%
Expenses $618,715,893 $583,399,784 +0.1%
Net Income $-15,981,658 $-30,428,201 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
9
Employees
3884
Volunteers
85

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
21
$8,823,451
Total Directors
17
$5,016,906
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID MILLER MD MPH - PART YEAR VICE CHAIR 1.00
Director
$0 $310,664 $2,011,080
MICHAEL SUMNERS PHYSICIAN N/A
Highest
$1,025,428 $14,084 $1,039,512
MATHEW SEVENSMA PHYSICIAN N/A
Highest
$952,076 $27,231 $979,307
AUGUSTO ELIAS PHYSICIAN N/A
Highest
$924,890 $28,726 $953,616
BARBARA KARENKO PHYSICIAN N/A
Highest
$908,465 $28,107 $936,572
RONY GORGES PHYSICIAN N/A
Highest
$908,260 $28,107 $936,367
ANTHONY DENTON BOARD MEMBER 2.00
Director
$0 $60,563 $931,861
PETER HAHN - PART YEAR PRESIDENT AN 40.00
Officer
$825,310 $28,726 $854,036
PAUL KOVACK BOARD MEMBER 40.00
Officer Director
$757,044 $21,674 $778,718
RAKESH PAI - PART YEAR PRESIDENT-ME 40.00
Officer
$664,967 $28,107 $693,074
RONALD GRIFKA - PART YEAR CMO 40.00
Officer
$622,631 $14,091 $636,722
QUINTA VREEDE BOARD MEMBER 1.00
Director
$0 $43,320 $611,532
JEFFERY POSTLEWAITE VP-MEDICAL A 40.00
Officer
$512,434 $22,563 $534,997
KRIS KURTZ - PART YEAR CFO 40.00
Officer
$487,093 $28,726 $515,819
JONATHAN WILDA CIO 40.00
Officer
$437,079 $27,669 $464,748
LANCE OWENS CM INFO. OFF 40.00
Officer
$420,057 $28,726 $448,783
MICHAEL WILTRAKIS - PART YEAR CHIEF OF STA 40.00
Director
$377,540 $28,726 $406,266
KEVIN FURLONG - PART YEAR INTERIM CMO 40.00
Officer
$357,350 $28,726 $386,076
MONICA TAYLOR COO - MEDICA 40.00
Officer
$364,205 $20,758 $384,963
STEVEN POLEGA - PART YEAR CNO 40.00
Officer
$356,223 $28,726 $384,949
STACIE BOMMERSBACH VP- QUALITY 40.00
Officer
$360,632 $13,837 $374,469
BRUCE CARRIER - PART YEAR CHIEF HR OFF 40.00
Officer
$325,701 $27,492 $353,193
GREGORY MEYER CCO 40.00
Officer
$320,251 $22,243 $342,494
PHILIP VANLAAN ASSOC. GEN C 40.00
Officer
$291,353 $27,425 $318,778
CYNTHIA MCCURREN BOARD MEMBER 1.00
Director
$0 $45,651 $277,449
KRISTI BELMORE - PART YEAR VP-FINANCE 40.00
Officer
$236,159 $27,001 $263,160
THOMAS FANTIN VP-IT 40.00
Officer
$232,124 $25,166 $257,290
RHAE-ANN BOOKER - PART YEAR VP-DEI 40.00
Officer
$238,870 $0 $238,870
KATHRYN VEENSTRA ASSISTANT CN 40.00
Officer
$217,996 $11,755 $229,751
TENA HOXSIE VP-REVENUE C 40.00
Officer
$201,603 $19,962 $221,565
DAVID SPAHLINGER N/A N/A
$0 $26,100 $181,021
JARRETT MARTUS SECRETARY 40.00
Officer
$130,957 $10,039 $140,996
STEVE VAN ANDEL CHAIR 1.00
Director
$0 $0 $0
CONNIE BOHATCH BOARD MEMBER 1.00
Director
$0 $0 $0
WILLIAM BARKELEY BOARD MEMBER 1.00
Director
$0 $0 $0
BRUCE COURTADE VICE CHAIR 1.00
Director
$0 $0 $0
SCOTT EPSTEIN BOARD MEMBER 1.00
Director
$0 $0 $0
LAURA HOPSON BOARD MEMBER 1.00
Director
$0 $0 $0
LARRY ROBSON BOARD MEMBER 1.00
Director
$0 $0 $0
CARLOS SANCHEZ BOARD MEMBER 1.00
Director
$0 $0 $0
TIMOTHY WILLIAMS BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN HENDRICKSON - PART YEAR BOARD MEMBER 1.00
Director
$0 $0 $0
PATRICIA GUNTERN - PART YEAR CHIEF OF STA 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $602,734,235 $618,715,893 $459,314,861 $-15,981,658
2023 $552,971,583 $583,399,784 $446,376,632 $-30,428,201
2022 $541,463,922 $535,885,523 $438,298,116 $5,578,399
2021 $523,749,742 $504,904,370 $393,317,505 $18,845,372
2020 $505,950,219 $496,447,827 $382,910,920 $9,502,392
2019 $492,641,461 $492,606,605 $322,769,747 $34,856
2018 $445,210,483 $447,003,671 $348,511,300 $-1,793,188
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