Katherine Shaw Bethea Hospital
- Assets
- $132.2m
- Revenue
- $160.0m
- Investments
- $0.0
- Employees
- 1,158
- Location
- Dixon, IL
- Founding
- 02/1957
- Data as of
- 12/2021
- EIN
- 36-1000540
Organization Overview
Katherine Shaw Bethea Hospital is located in Dixon, IL. The organization was established in 1957. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2021, Katherine Shaw Bethea Hospital employed 1,158 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Katherine Shaw Bethea Hospital 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 12/2021, Katherine Shaw Bethea Hospital generated $160.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $164.8m during the year ending 12/2021. While expenses have increased by 2.6% 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.
Since 2014, Katherine Shaw Bethea Hospital has awarded 63 individual grants totaling $900,370. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
RESTORE, MAINTAIN, AND ENHANCE HEALTH BY PROVIDING SUPERIOR CARE NOW AND IN THE FUTURE.
Describe the Organization's Program Activity:
IN 2021, KATHERINE SHAW BETHEA HOSPITAL (KSB) HAD 3,224 INPATIENT VISITS AND 246,728 OUTPATIENT VISITS. KSB IS COMMITTED TO PROVIDING THE HIGHEST QUALITY OF HEALTHCARE REGARDLESS OF ABILITY TO PAY. KSB SUBSIDIZES THE COST OF TREATING PATIENTS WHO ARE UNABLE TO PAY AND THOSE WHO RECEIVE GOVERNMENT ASSISTANCE WHERE REIMBURSEMENT IS LIMITED. THE COST OF CHARITY CARE, BASED ON THE HOSPITAL'S COST-TO-CHARGE RATIO, PROVIDED BY THE HOSPITAL, WAS APPROXIMATELY $67,000 IN 2021.KSB PROVIDES 24-HOUR EMERGENCY MEDICAL SERVICES STAFFED BY FULL-TIME PHYSICIANS. PATIENTS ARE TREATED REGARDLESS OF INSURANCE OR ABILITY PAY. ER VISITS IN 2021 WERE 16,575.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Monther Elbzour MD Physician | 40 | $1,931,934 | |
Sohail Hanif MD Physician | 40 | $1,279,598 | |
Robb Rydzynski MD Physician | 40 | $919,548 | |
Fadi Mohamad Mustapha MD Physician | 40 | $887,451 | |
Kurt Crowe MD Physician | 40 | $829,601 | |
David Schreiner CEO And Board Member | OfficerTrustee | 40 | $562,900 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rockford Anesthesiologists Associated L Anesthesiology | 12/30/21 | $602,553 |
Horizon Health Mental Health Services | 12/30/21 | $600,919 |
Rsm Us Llp Consulting Services | 12/30/21 | $1,242,114 |
Paycom Payroll Llc Payroll Services | 12/30/21 | $5,112,339 |
Lab Corporation Lab Testing | 12/30/21 | $1,138,872 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $12,830 |
| Government grants | $7,613,731 |
| All other contributions, gifts, grants, and similar amounts not included above | $28,372 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,654,933 |
| Total Program Service Revenue | $151,479,780 |
| Investment income | $210,131 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$168,561 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $160,035,743 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $246,991 |
| Grants and other assistance to domestic individuals. | $10,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,315,516 |
| Compensation of current officers, directors, key employees. | $1,571,463 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $64,947,882 |
| Pension plan accruals and contributions | $2,026,316 |
| Other employee benefits | $13,748,056 |
| Payroll taxes | $3,805,082 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $100,163 |
| Fees for services: Accounting | $66,789 |
| Fees for services: Lobbying | $31,106 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $18,387 |
| Fees for services: Other | $19,131,003 |
| Advertising and promotion | $216,253 |
| Office expenses | $19,721,939 |
| Information technology | $5,579,275 |
| Royalties | $0 |
| Occupancy | $1,633,015 |
| Travel | $135,508 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $174,684 |
| Interest | $901,827 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,047,221 |
| Insurance | $2,610,491 |
| All other expenses | $1,325,483 |
| Total functional expenses | $164,799,157 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $232,511 |
| Savings and temporary cash investments | $20,285,472 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $31,064,802 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,905,297 |
| Prepaid expenses and deferred charges | $1,647,567 |
| Net Land, buildings, and equipment | $49,700,555 |
| Investments—publicly traded securities | $21,580,012 |
| Investments—other securities | $0 |
| Investments—program-related | $5,771,406 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $132,187,622 |
| Accounts payable and accrued expenses | $50,689,260 |
| Grants payable | $0 |
| Deferred revenue | $6,287,141 |
| 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 | $20,012,624 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $76,989,025 |
| Net assets without donor restrictions | $53,918,748 |
| Net assets with donor restrictions | $1,279,849 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $132,187,622 |
Grants Awarded
Over the last fiscal year, Katherine Shaw Bethea Hospital has awarded $235,300 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Dixon, IL PURPOSE: GENERAL OPERATING SUPPORT | $200,000 |
Dixon, IL PURPOSE: GENERAL OPERATING SUPPORT | $20,300 |
Dixon, IL PURPOSE: GENERAL OPERATING SUPPORT | $15,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Katherine Shaw Bethea Hospital has recieved totaling $12,885.
| Awarding Organization | Amount |
|---|---|
Ksb Hospital Foundation Dixon, IL PURPOSE: REMOTE PATIENT MONITORING GRANT | $12,830 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $55 |
Endowment Analysis
| Beg. Balance | $912,772 |
| Ending Balance | $912,772 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Lukes Hospital Of Kansas City Kansas City, MO | $1,771,100,748 | $1,070,641,998 |
Saint Thomas West Hospital St Louis, MO | $949,679,305 | $1,081,181,844 |
Mercy Hospital Springfield Springfield, MO | $547,925,906 | $1,115,699,805 |
Deaconess Hospital Inc Evansville, IN | $1,921,220,397 | $1,102,144,618 |
Ascension St John Hospital St Louis, MO | $469,518,860 | $965,978,781 |
Advocate North Side Health Network Downers Grove, IL | $946,824,836 | $901,672,521 |
The Carle Foundation Hospital Urbana, IL | $465,988,906 | $1,085,020,210 |
Ssm Healthcare Of Oklahoma Inc St Louis, MO | $640,999,933 | $906,998,301 |
Catholic Health Initiatives-Iowa Corp Des Moines, IA | $1,114,579,485 | $904,841,538 |
Central Iowa Hospital Corporation Des Moines, IA | $1,438,981,448 | $937,321,371 |
Saint Joseph Health System Inc Lexington, KY | $961,743,109 | $864,115,504 |
Uofl Health-Louisville Inc Louisville, KY | $577,142,236 | $950,019,808 |