Hshs Medical Group Inc
- Assets
- $136.9m
- Revenue
- $219.6m
- Investments
- $0.0
- Employees
- 1,414
- Location
- Springfield, IL
- Founding
- 03/2012
- Data as of
- 06/2021
- EIN
- 26-3956318
Organization Overview
Hshs Medical Group Inc is located in Springfield, IL. The organization was established in 2012. According to its NTEE Classification (E31) the organization is classified as: Group Health Practices, under the broad grouping of Health Care and related organizations. As of 06/2022, Hshs Medical Group Inc employed 1,414 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hshs Medical Group Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Hshs Medical Group Inc generated $219.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $240.4m during the year ending 06/2021. While expenses have increased by 4.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO REVEAL AND EMBODY CHRIST'S HEALING LOVE FOR ALL PEOPLE THROUGH A HEALTH CARE MINISTRY BY PROVIDING PRIMARY AND SPECIALTY PHYSICIAN SERVICES TO THE COMMUNITIES HOSPITAL SISTERS HEALTH SYSTEM SERVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed 2021 & 2022 Secretary | OfficerTrustee | 1 | $0 |
Name Not Listed 2021 & 2022 Chair - Hshs Senior VP & Cco | OfficerTrustee | 2.5 | $0 |
Name Not Listed CEO Med Group | OfficerTrustee | 46 | $0 |
Name Not Listed Board Member (until May 2022) / Hshs President & CEO | Trustee | 1 | $0 |
Name Not Listed Board Member | Trustee | 1 | $0 |
Name Not Listed Board Member (until Oct 2021) | Trustee | 0.3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
St Louis University Provider Services | 6/29/22 | $1,308,971 |
Holland Construction Co Management Services | 6/29/22 | $2,539,618 |
Locumsmart Llc Provider Services | 6/29/22 | $3,224,470 |
Oakleaf Clinics - Eau Claire Med Clinic Purchased Services | 6/29/22 | $932,175 |
Hayes Locums Provider Services | 6/29/22 | $1,765,071 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $3,687 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $947,666 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $219,567,166 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $43,016 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $41,194 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $147,270,501 |
| Pension plan accruals and contributions | $8,661,906 |
| Other employee benefits | $14,216,116 |
| Payroll taxes | $7,354,806 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $188,468 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $163,828 |
| Fees for services: Other | $26,478,541 |
| Advertising and promotion | $1,166,089 |
| Office expenses | $7,952,379 |
| Information technology | $1,595,759 |
| Royalties | $0 |
| Occupancy | $15,434,924 |
| Travel | $365,601 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $17,676 |
| Interest | $220 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,799,218 |
| Insurance | $5,151,502 |
| All other expenses | $0 |
| Total functional expenses | $240,425,735 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,470,443 |
| Savings and temporary cash investments | $53,785,206 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,822,957 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $135,009 |
| Prepaid expenses and deferred charges | $467,439 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $47,991,860 |
| Total assets | $136,932,585 |
| Accounts payable and accrued expenses | $35,616,841 |
| Grants payable | $0 |
| Deferred revenue | $4,919,731 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $51,778,040 |
| Total liabilities | $92,314,612 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $44,617,973 |