Proctor Health Systems
- Assets
- $41.7m
- Revenue
- $43.0m
- Investments
- $0.0
- Employees
- 714
- Location
- Urbana, IL
- Founding
- 11/1999
- Data as of
- 12/2023
- EIN
- 36-4147437
Organization Overview
Proctor Health Systems is located in Urbana, IL. The organization was established in 1999. According to its NTEE Classification (E30) the organization is classified as: Ambulatory & Primary Health Care, under the broad grouping of Health Care and related organizations. As of 12/2023, Proctor Health Systems employed 714 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Proctor Health Systems 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 12/2023, Proctor Health Systems generated $43.0m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 26.2% each year . All expenses for the organization totaled $73.9m during the year ending 12/2023. While expenses have increased by 29.6% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE QUALITY, COST-EFFECTIVE HEALTH CARE TO THE GENERAL PUBLIC LIVING AND WORKING IN THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTH CARE SERVICES PROVIDED FOR THE CONVENIENCE OF THE PATIENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Secretary/treasurer | OfficerTrustee | 1 | $0 |
Name Not Listed Trustee; Vice Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Vice Chair Thru 04/01/2023 | OfficerTrustee | 1 | $0 |
Name Not Listed Trustee | Trustee | 0.5 | $0 |
Name Not Listed Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Weatherby Locums Physician Staffing | 12/30/23 | $347,691 |
Sbg Healthcare Physician Staffing | 12/30/23 | $123,394 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $34,716 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,303 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,019 |
| Total Program Service Revenue | $41,624,752 |
| Investment income | $1,263 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $8,640 |
| Net Gain/Loss on Asset Sales | -$600 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $42,999,092 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $202,015 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $42,322,306 |
| Pension plan accruals and contributions | $630,216 |
| Other employee benefits | $4,132,882 |
| Payroll taxes | $2,872,539 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $623 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,637,755 |
| Advertising and promotion | $0 |
| Office expenses | $457,277 |
| Information technology | $52,756 |
| Royalties | $0 |
| Occupancy | $5,253,478 |
| Travel | $24,578 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $40,811 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $524,245 |
| Insurance | $36,971 |
| All other expenses | $15,928 |
| Total functional expenses | $73,900,198 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $703,821 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $32,218,837 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $41,276 |
| Net Land, buildings, and equipment | $2,937,822 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,798,083 |
| Total assets | $41,699,839 |
| Accounts payable and accrued expenses | $3,936,979 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,954,434 |
| Total liabilities | $7,891,413 |
| Net assets without donor restrictions | $33,808,426 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $41,699,839 |