Genesis Health System
- Assets
- $149.3m
- Revenue
- $93.8m
- Investments
- $10.4m
- Employees
- 866
- Location
- Silvis, IL
- Founding
- 01/1994
- Data as of
- 06/2020
- EIN
- 36-3616314
Organization Overview
Genesis Health System is located in Silvis, IL. The organization was established in 1994. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 06/2021, Genesis Health System employed 866 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Genesis Health System 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 06/2020, Genesis Health System generated $93.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $104.1m during the year ending 06/2020. While expenses have increased by 3.3% per year over the past 6 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 2015, Genesis Health System has awarded 13 individual grants totaling $1,117,496. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
GENESIS HEALTH SYSTEM (GHS ILLINOIS) EXISTS TO PROVIDE COMPASSIONATE, QUALITY HEALTH SERVICES TO ALL THOSE IN NEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENESIS MEDICAL CENTER - SILVIS: HEALTH CARE DELIVERY AND MANAGEMENT, GENERAL/OTHER: GENESIS MEDICAL CENTER - SILVIS, A NOT-FOR-PROFIT ORGANIZATION, IS LICENSED AS A 142-BED ACUTE CARE HOSPITAL AND PROVIDES RELATED HEALTHCARE INPATIENT, EMERGENCY, AND OUTPATIENT ANCILLARY SERVICES. (10,576 PATIENT DAYS AND 167,742 OUTPATIENT VISITS)
GENESIS SPECIALTY SERVICES OPERATES PHYSICIAN MEDICAL PRACTICES, CONVENIENT CARE PRACTICES AND AN OCCUPATIONAL MEDICINE CLINIC AND PROVIDES BEHAVIORAL HEALTH SERVICES TO THE RESIDENTS OF EASTERN IOWA AND WESTERN ILLINOIS.
ILLINI HOSPITAL NURSING HOME (LNH) OPERATED CROSSTOWN SQUARE. CROSSTOWN SQUARE IS AN INDEPENDENT LIVING FACILITY CONTAINING 64 RENTABLE APARTMENTS AND THREE GUEST ROOMS THAT OFFERS SERVICES DESIGNED TO PROVIDE INDEPENDENT LIVING APARTMENTS FOR SENIORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Former Chief Medical Officer | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Emergency Care And Health Organization Ltd 24/hr Er Physician Services For Gmc-silvis | 6/29/21 | $3,309,297 |
Crothall Healthcare Inc Maintenance/enviromental Services | 6/29/21 | $1,298,701 |
Apogee Medical Management Inc Revenue Cycle Management And Cme Services | 6/29/21 | $811,002 |
Morrison Healthcare Nutritional Services | 6/29/21 | $716,894 |
Scribeamerica Llc Emergency Room Scribe Services | 6/29/21 | $578,339 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,493,135 |
| Investment income | $407,018 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$88,541 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$18,492 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $93,824,215 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $46,194,536 |
| Pension plan accruals and contributions | $590,618 |
| Other employee benefits | $2,228,829 |
| Payroll taxes | $2,872,471 |
| Fees for services: Management | $178,683 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $25,729 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14,356,016 |
| Advertising and promotion | $10,506 |
| Office expenses | $629,746 |
| Information technology | $4,241,738 |
| Royalties | $0 |
| Occupancy | $3,429,561 |
| Travel | $342,907 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $94,274 |
| Interest | $88,202 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,256,469 |
| Insurance | $491,091 |
| All other expenses | $0 |
| Total functional expenses | $104,058,994 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,051 |
| Savings and temporary cash investments | $54,309,206 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $40,327,505 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,274,906 |
| Prepaid expenses and deferred charges | $787,905 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $10,415,125 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,501,841 |
| Total assets | $149,319,694 |
| Accounts payable and accrued expenses | $28,698,094 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $5,349,337 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $17,210,760 |
| Total liabilities | $51,258,191 |
| 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 | $98,061,503 |
Grants Awarded
Over the last fiscal year, Genesis Health System has awarded $205,576 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Davenport, IA PURPOSE: CLAIM PAYMENTS | $200,576 |
Bettendorf, IA PURPOSE: Memorial Scholarship | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Genesis Health System has recieved totaling $11,372.
| Awarding Organization | Amount |
|---|---|
Genesis Health Services Foundation Davenport, IA PURPOSE: EMPLOYEE FUNCTION | $11,372 |
Endowment Analysis
| Beg. Balance | $16,641,934 |
| Earnings | $3,878,888 |
| Admin Expense | $134,109 |
| Net Contributions | $455,141 |
| Other Expense | $684,952 |
| Grants | $5,000 |
| Ending Balance | $20,151,902 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Presence Central And Suburban Hospitals Network St Louis, MO | $520,201,301 | $798,952,140 |
Community Physicians Of Indiana Inc Indianapolis, IN | $101,048,784 | $378,135,531 |
Ssm Health Care Of Wisconsin Inc St Louis, MO | $1,113,460,770 | $681,842,146 |
Genesis Health System Davenport, IA | $929,416,357 | $534,820,030 |
Mercy Hospital Joplin Joplin, MO | $216,336,948 | $224,274,083 |
Summit Medical Group Inc Erlanger, KY | $190,205,942 | $425,285,378 |
Thedacare Inc Appleton, WI | $691,025,693 | $439,639,874 |
Ch Allied Services Inc Columbia, MO | $320,950,223 | $456,105,423 |
Community Hospitals Of Indiana Inc Indianapolis, IN | $779,256,997 | $322,956,027 |
St Vincent Health Inc St Louis, MO | $155,131,578 | $231,980,617 |
Carle Bromenn Medical Center Urbana, IL | $59,991,964 | $210,828,397 |
Coxhealth Springfield, MO | $970,222,612 | $196,417,581 |