Blessing Hospital
- Assets
- $685.4m
- Revenue
- $590.3m
- Investments
- $57.4m
- Employees
- 4,427
- Location
- Quincy, IL
- Founding
- 10/1938
- Data as of
- 09/2022
- EIN
- 37-0661183
Organization Overview
Blessing Hospital is located in Quincy, IL. The organization was established in 1938. 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 09/2023, Blessing Hospital employed 4,427 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Blessing 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 09/2022, Blessing Hospital generated $590.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $536.4m during the year ending 09/2022. While expenses have increased by 8.5% 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 2016, Blessing Hospital has awarded 66 individual grants totaling $18,524,134. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
BLESSING HOSPITAL'S MISSION IS TO IMPROVE THE HEALTH OF OUR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SINCE IT WAS FOUNDED IN 1873, BLESSING HOSPITAL HAS PROVIDED QUALITY HEALTH CARE SERVICES TO ALL PATIENTS REGARDLESS OF RACE, SEX, NATIONAL ORIGIN, AGE, OR ABILITY TO PAY. IN SERVING ALL MEMBERS OF ITS COMMUNITIES, BLESSING HOSPITAL CONTINUES THIS TRADITION BY PROVIDING FREE/SUBSIDIZED CARE, CARE TO PERSONS COVERED BY GOVERNMENTAL PROGRAMS AT LESS THAN FULL CHARGES, AND COMMUNITY HEALTH/EDUCATION/WELLNESS PROGRAMS. FOR FISCAL YEAR 2023, THE COST OF CHARITY CARE PROVIDED WAS 5,375,920 AND MEDICARE SHORTFALLS WERE 88,592,740. BLESSING HOSPITAL TREATED PATIENTS THROUGH THE FOLLOWING SERVICES DURING FISCAL YEAR 2023: 39,575 EMERGENCY CENTER VISITS; 457,960 OUTPATIENT VISITS; 14,536 SURGICAL OPERATIONS, INCLUDING 180 OPEN HEART SURGERIES, 14,858 INPATIENT ADMISSIONS, AND 1,164 BABIES. OUTPATIENT SERVICES INCLUDED 94,998 CARDIOPULMONARY/CARDIOLOGY PROCEDURES, 1,295,149 LABORATORY TESTS, 95,174 RADIOLOGY PROCEDURES, AND 136,849 PHYSICAL THERAPY/REHABILITATION VISITS. BLESSING HOSPITAL PROVIDED ADDITIONAL BENEFITS OF 6,937,211 TO THE COMMUNITY DURING FISCAL YEAR 2023 AS FOLLOWS: HEALTH PROFESSIONALS EDUCATION SIU RESIDENCY PROGRAM 2,457,659 BLESSING-RIEMAN COLLEGE OF NURSING 2,000,993 NURSING EDUCATIONAL PRECEPTORS 23,829 SUB TOTAL HEALTH PROFESSIONALS EDUCATION 4,482,481 COMMUNITY HEALTH IMPROVEMENT SERVICES PSYCHIATRIC SERVICES TO SIU CENTER FOR FAMILY MEDICINE - QUINCY, CHADDOCK, AND TRANSITIONS OF WESTERN ILLINOIS 200,978 ADAMS COUNTY HEALTH DEPARTMENT DENTAL PROGRAM 100,000 PATIENT TRANSPORTATION AND LODGING 365,348 CHARITY PHARMACY PRESCRIPTIONS 167,079 HEALTH SCREENINGS/TESTS 94,262 MEDICAL SUPPLIES/SERVICES FOR PATIENTS 42,883 BEHAVIORAL HEALTH EDUCATIONAL PROGRAMS 8,825 MEDICAL INTERPRETING SERVICES 25,719 SUB TOTAL COMMUNITY HEALTH IMPROVEMENT SERVICES 1,005,094 SIU CENTER FOR FAMILY MEDICINE - QUINCY, CHADDOCK, AND TRANSITIONS OF WESTERN ILLINOIS SUBSIDIZED HEALTH SERVICES CARE COORDINATION 1,189,621 HOME HEALTHCARE 149,785 SUB TOTAL SUBSIDIZED HEALTH SERVICES 1,339,406 IN-KIND CONTRIBUTIONS/DONATIONS DONATIONS/SPONSORSHIPS 110,230 SUB TOTAL IN-KIND CONTRIBUTIONS/DONATIONS 110,230 BLESSING HOSPITAL'S STRATEGIC OBJECTIVES FOR THE UPCOMING YEARS ARE AS FOLLOWS: 1) QUALITY OUTCOMES/METRICS AND ZERO HARM GOALS A) REDUCE PATIENT HARM EVENTS BY 15% PER YEAR 2) BEST PLACE TO WORK/EMPLOYEE ENGAGEMENT/RECRUITMENT/RETENTION B) INCREASE EMPLOYEE SATISFICATION TO 80TH PERCENTILE C) REDUCE CONTRACT LABOR BY 80% BY END OF FY 3) PHYSICIAN/PROVIDER SATISFICATION A) 90TH PERCENTILE 4) PATIENT SATISFACTION A) 90TH PERCENTILE 5) ACCESS TO CARE A) INCREASE MARKET SHARE IN MISSOURI BY 15% B) DECREASE OUTMIGRATION C) ENHANCE DIGITAL FRONT DOOR D) ALWAYS SAY YES 6) TURNAROUND PLAN EXECUTION 7) FISCAL HEALTH A) CONTROL EXPENSES B) INCREASE REVENUE C) GREATER THAN 200 DAYS CASH ON HAND D) GREATER THAN 3.5% OPERATING MARGIN 8) PREPARE FOR ELECTRONIC HEALTH RECORD CHANGE IN 2 YEARS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Sean D Hendricks Clinic Physi | 40 | $1,437,693 | |
Dr Humam Farah Clinic Physi | 40 | $1,407,533 | |
Dr Darr W Leutz Clinic Physi | 40 | $1,309,964 | |
Maureen A Kahn Retired 7123 Pres/ceo Bcs | OfficerTrustee | 0 | $0 |
Dr Harsha V Polavarapu Trustee | Trustee | 40 | $1,161,837 |
Dr David C Lieber Clinic Physi | 40 | $1,148,061 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Medical Solutions Llc Contract Labor | 9/29/23 | $16,094,404 |
Quincy Anesthesia Associates Pc Anesthesia Svcs | 9/29/23 | $14,881,307 |
Maxim Healthcare Staffing Services Contract Labor | 9/29/23 | $5,952,230 |
Sm Wilson & Co Construction | 9/29/23 | $4,350,606 |
West Central Pathology Specialists Pathology Svcs | 9/29/23 | $3,412,763 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $91 |
| Related organizations | $2,460,204 |
| Government grants | $14,958,661 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,580,832 |
| Noncash contributions included in lines 1a–1f | $3,814 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,999,788 |
| Total Program Service Revenue | $521,131,079 |
| Investment income | $4,619,365 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,161,786 |
| Net Gain/Loss on Asset Sales | $12,755,018 |
| Net Income from Fundraising Events | -$24,587 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $5,171,593 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $590,268,525 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,263,530 |
| Grants and other assistance to domestic individuals. | $1,709,457 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $8,041,620 |
| Compensation of current officers, directors, key employees. | $1,771,735 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $216,425,124 |
| Pension plan accruals and contributions | $4,868,799 |
| Other employee benefits | $37,763,343 |
| Payroll taxes | $13,284,731 |
| Fees for services: Management | $23,333,530 |
| Fees for services: Legal | $36,290 |
| Fees for services: Accounting | $162,582 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $799,967 |
| Fees for services: Other | $33,579,726 |
| Advertising and promotion | $2,011,305 |
| Office expenses | $264,175 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,530,793 |
| Travel | $688,798 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $167,121 |
| Interest | $3,021,199 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $25,513,278 |
| Insurance | $8,403,719 |
| All other expenses | $25,712,506 |
| Total functional expenses | $536,357,023 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $85,575,714 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $84,245,265 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $12,786,651 |
| Inventories for sale or use | $10,295,928 |
| Prepaid expenses and deferred charges | $10,943,425 |
| Net Land, buildings, and equipment | $317,894,708 |
| Investments—publicly traded securities | $97,295,899 |
| Investments—other securities | $57,357,171 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,991,850 |
| Total assets | $685,386,611 |
| Accounts payable and accrued expenses | $15,382,992 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $112,670,000 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $3,651,789 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $100,923,266 |
| Total liabilities | $232,628,047 |
| Net assets without donor restrictions | $445,031,966 |
| Net assets with donor restrictions | $7,726,598 |
| 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 | $685,386,611 |
Grants Awarded
Over the last fiscal year, Blessing Hospital has awarded $2,094,550 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
SIU SCHOOL OF MEDICINE PURPOSE: MED ED & RESEARCH | $1,838,857 |
ADAMS COUNTY HEALTH DEPARTMENT PURPOSE: DENTAL PROGRAM | $100,000 |
UNITED WAY OF ADAMS COUNTY PURPOSE: GENERAL SUPPORT | $123,193 |
HORIZONS SOCIAL SERVICES OF ADAMSCO PURPOSE: GENERAL SUPPORT | $15,000 |
CULVER-STOCKTON COLLEGE PURPOSE: STUDENT SCHOLARSHIPS | $10,000 |
JACKSON LINCOLN SWIMMING COMPLEX PURPOSE: GENERAL SUPPORT | $7,500 |