EIN 85-4388186

Captive

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2020
Most recent tax filings
2024-03-01
Description
The Captive issues deductible reimbursement policies to its not-for-profit owner for losses incurred under commercial Insurance policies, covering general and professional liability, and excess workers compensation and employee medical plan expenses.c...
Also known as...
Mary Free Bed Insurance Company PCC
Total revenues
$2,219,494
2024
Total expenses
$3,179,283
2024
Total assets
$4,126,609
2024
Num. employees
0
2024

Program areas at Captive

The Captive issues deductible reimbursement policies to its not-for-profit owner for losses incurred under commercial Insurance policies, covering general and professional liability, and excess workers compensation and employee medical plan expenses.captive promotes the health of the community it and mfb serve through various means, including, but not limited to, providing health care services to all persons seeking care at Captive's parent's facilities without regard to any person's ability to pay for such care, and, in particular, providing health care services on a non-discriminatory basis to all medicare and medicaid patients seeking care at Captive's facilities.

Personnel at Captive

NameTitleCompensation
Ryan PodvinChief Financial Officer$0
William LapePresident$0

Financials for Captive

RevenuesFYE 03/2024
Total grants, contributions, etc.$0
Program services$2,099,382
Investment income and dividends$131,701
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-11,589
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,219,494

Form 990s for Captive

Fiscal year endingDate received by IRSFormPDF link
2024-032025-02-10990View PDF
2023-032024-02-08990View PDF
2022-032023-02-06990View PDF
2021-032022-02-09990View PDF
Data update history
June 23, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 19, 2023
Posted financials
Added Form 990 for fiscal year 2022
May 17, 2023
Updated personnel
Identified 4 new personnel
May 8, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Mutual assistance organizationsInsurance companiesEnvironmental organizationsHeadquarter / parent organizationsCharities
Issues
No issues found
Characteristics
Tax deductible donationsNo full-time employees
General information
Address
235 Wealthy St Se
Grand Rapids, MI 49503
Metro area
Grand Rapids-Kentwood, MI
County
Kent County, MI
Phone
(800) 528-8989
IRS details
EIN
85-4388186
Fiscal year end
March
Taxreturn type
Form 990
Year formed
2020
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
Y20: Insurance Providers, Services
NAICS code, primary
524126: Direct Property and Casualty Insurance Carriers
Parent/child status
Central organization
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