Genesis Health System
- Assets
- $147.3m
- Revenue
- $153.5m
- Investments
- $12.8m
- Employees
- 867
- Location
- Silvis, IL
- Founding
- 01/1994
- Data as of
- 06/2022
- 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 06/2022, Genesis Health System employed 867 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 06/2022, Genesis Health System generated $153.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $158.6m during the year ending 06/2022. While expenses have increased by 9.2% 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 2015, Genesis Health System has awarded 15 individual grants totaling $1,350,149. 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
2022
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:
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. (9,452 PATIENT DAYS AND 184,384 OUTPATIENT VISITS)
GENESIS SPECIALTY SERVICES OPERATES PHYSICIAN MEDICAL PRACTICES, CONVENIENT CARE PRACTICES, 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 Vice Chair | OfficerTrustee | 1.5 | $0 |
Name Not Listed President/ceo Ghs | OfficerTrustee | 7 | $0 |
Name Not Listed Treasurer | OfficerTrustee | 1 | $0 |
Name Not Listed Secretary | OfficerTrustee | 1 | $0 |
Name Not Listed Chair | OfficerTrustee | 2 | $0 |
Name Not Listed Former Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Emergency Care And Health Organization Ltd 24/hr Er Physician Services For Gmc-silvis | 6/29/22 | $3,074,693 |
Crothall Healthcare Inc Maintenance/enviromental Services | 6/29/22 | $1,414,435 |
Labcorp Laboratory Services | 6/29/22 | $1,358,989 |
Apogee Medical Management Inc Revenue Cycle Management And Cme Services | 6/29/22 | $1,171,196 |
Morrison Healthcare Nutritional Services | 6/29/22 | $744,627 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,790,617 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,191,843 |
| Noncash contributions included in lines 1a–1f | $2,191,843 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,982,460 |
| Total Program Service Revenue | $144,832,847 |
| Investment income | $238,199 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$149,820 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $153,468,218 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $234,065 |
| 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 of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $83,762,930 |
| Pension plan accruals and contributions | $1,473,944 |
| Other employee benefits | $3,589,276 |
| Payroll taxes | $4,192,304 |
| Fees for services: Management | $253,168 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $26,283 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $25,599,776 |
| Advertising and promotion | $15,171 |
| Office expenses | $1,001,581 |
| Information technology | $5,874,273 |
| Royalties | $0 |
| Occupancy | $5,144,361 |
| Travel | $293,214 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $134,008 |
| Interest | $4,742 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,612,711 |
| Insurance | $627,445 |
| All other expenses | $400,858 |
| Total functional expenses | $158,605,565 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,310 |
| Savings and temporary cash investments | $31,632,448 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $51,689,654 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,511,897 |
| Prepaid expenses and deferred charges | $1,132,566 |
| Net Land, buildings, and equipment | $36,747,429 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $12,781,667 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,795,750 |
| Total assets | $147,292,721 |
| Accounts payable and accrued expenses | $37,172,179 |
| 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 | $5,881,278 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $9,933,781 |
| Total liabilities | $52,987,238 |
| Net assets without donor restrictions | $93,996,122 |
| Net assets with donor restrictions | $309,361 |
| 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 | $147,292,721 |
Grants Awarded
Over the last fiscal year, Genesis Health System has awarded $232,653 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
GENESIS HEALTH SYSTEM WORKERS' COMPENSATION & TRUST PURPOSE: CLAIM PAYMENTS | $182,653 |
GENESIS HEALTH SERVICE FOUNDATION PURPOSE: Funding for CME Program | $50,000 |