Blessing Hospital
- Assets
- $750.2m
- Revenue
- $495.5m
- Investments
- $105.4m
- Employees
- 3,314
- Location
- Quincy, IL
- Founding
- 10/1938
- Data as of
- 09/2020
- 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 09/2021, Blessing Hospital employed 3,314 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 09/2020, Blessing Hospital generated $495.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $399.5m during the year ending 09/2020. While expenses have increased by 4.7% 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 2016, Blessing Hospital has awarded 47 individual grants totaling $12,374,416. 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
BLESSING HOSPITAL'S MISSION IS TO IMPROVE THE HEALTH OF OUR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O SINCE IT WAS FOUNDED IN 1875, 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 2021, THE COST OF CHARITY CARE PROVIDED WAS 5,793,967 AND MEDICARE SHORTFALLS WERE 78,890,956. BLESSING HOSPITAL TREATED PATIENTS THROUGH THE FOLLOWING SERVICES DURING FISCAL YEAR 2021: 34,970 EMERGENCY CENTER VISITS; 279,803 OUTPATIENT VISITS; 17,775 SURGICAL OPERATIONS, INCLUDING 176 OPEN HEART SURGERIES, 14,514 INPATIENT ADMISSIONS, AND 1,022 BABIES. OUTPATIENT SERVICES INCLUDED 98,067 CARDIOPULMONARY/CARDIOLOGY PROCEDURES, 981,700 LABORATORY TESTS, 112,252 RADIOLOGY PROCEDURES, AND 135,947 PHYSICAL THERAPY/REHABILITATION VISITS. BLESSING HOSPITAL PROVIDED ADDITIONAL BENEFITS OF 12,076,313 TO THE COMMUNITY DURING FISCAL YEAR 2021 AS FOLLOWS: HEALTH PROFESSIONALS EDUCATION SIU RESIDENCY PROGRAM 4,458,536 BLESSING-RIEMAN COLLEGE OF NURSING 2,729,918 NURSING EDUCATIONAL PRECEPTORS 994,710 SCHOOL OF RADIOLOGIC TECHNOLOGY 281,269 SUB TOTAL HEALTH PROFESSIONALS EDUCATION 8,464,433 COMMUNITY HEALTH IMPROVEMENT SERVICES PSYCHIATRIC SERVICES TO SIU CENTER FOR FAMILY MEDICINE - QUINCY, CHADDOCK, AND TRANSITIONS OF WESTERN ILLINOIS 222,943 ADAMS COUNTY HEALTH DEPARTMENT DENTAL PROGRAM 100,000 PATIENT TRANSPORTATION AND LODGING 279,441 CHARITY PHARMACY PRESCRIPTIONS 44,422 HEALTH SCREENINGS/TESTS 63,243 MEDICAL SUPPLIES/SERVICES FOR PATIENTS 52,462 MENTAL HEALTH EDUCATIONAL PROGRAMS 7,476 MEDICAL INTERPRETING SERVICES 24,124 SUB TOTAL COMMUNITY HEALTH IMPROVEMENT SERVICES 794,111 SIU CENTER FOR FAMILY MEDICINE - QUINCY, CHADDOCK, AND TRANSITIONS OF WESTERN ILLINOIS SUBSIDIZED HEALTH SERVICES CARE COORDINATION 2,458,719 HORIZONS SOCIAL SERVICES OF ADAMS COUNTY 2,804 SUB TOTAL SUBSIDIZED HEALTH SERVICES 2,461,523 IN-KIND CONTRIBUTIONS/DONATIONS DONATIONS/SPONSORSHIPS 356,246 SUB TOTAL IN-KIND CONTRIBUTIONS/DONATIONS 356,246 BLESSING HOSPITAL'S STRATEGIC OBJECTIVES FOR THE UPCOMING YEARS ARE AS FOLLOWS: -BE THE PLACE WHERE PEOPLE CHOOSE TO WORK -LIVE OUT OUR CHARITABLE PURPOSE -BUILD LOYAL RELATIONSHIPS -BE FINANCIALLY SECURE AND INDEPENDENT -SERVE MORE CONSUMERS AS A CONNECTED HEALTH SYSTEM -ACHIEVE TOP DECILE PERFORMANCE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John H Arnold MD Physician | 40 | $1,169,814 | |
Seth C Thibodeau DO Physician | 40 | $783,353 | |
Christopher R Solaro MD Chief Of Med | Officer | 40 | $777,478 |
Robert C Johnson MD Physician | 40 | $760,486 | |
Scott M Hough MD Physician | 40 | $725,521 | |
Mohammed I Memon MD Physician | 40 | $662,890 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hbd Construction Inc Construction | 9/29/21 | $10,353,406 |
Quincy Medical Group Physician Svcs | 9/29/21 | $4,213,626 |
Sm Wilson & Co Construction | 9/29/21 | $25,689,824 |
Quincy Anesthesia Associates Pc Anesthesia Svcs | 9/29/21 | $10,856,811 |
Servpro Of Quincy Restoration | 9/29/21 | $5,011,203 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,809,993 |
| Investment income | $4,755,056 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,840,728 |
| Net Gain/Loss on Asset Sales | $5,010,574 |
| Net Income from Fundraising Events | -$16,585 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $495,453,993 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $1,636,939 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $7,559,403 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $141,595,940 |
| Pension plan accruals and contributions | $5,078,250 |
| Other employee benefits | $29,980,656 |
| Payroll taxes | $9,946,325 |
| Fees for services: Management | $17,406,729 |
| Fees for services: Legal | $231,681 |
| Fees for services: Accounting | $159,992 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $661,676 |
| Fees for services: Other | $28,732,812 |
| Advertising and promotion | $1,833,480 |
| Office expenses | $626,989 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,175,007 |
| Travel | $582,328 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $158,821 |
| Interest | $1,618,284 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,290,371 |
| Insurance | $5,094,637 |
| All other expenses | $0 |
| Total functional expenses | $399,452,024 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $111,503,901 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $61,631,315 |
| Loans from Officers, Directors, or Controlling Persons | $48,583 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $10,082,853 |
| Inventories for sale or use | $10,373,372 |
| Prepaid expenses and deferred charges | $6,830,318 |
| Investments—publicly traded securities | $128,580,932 |
| Investments—other securities | $105,377,700 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,051,785 |
| Total assets | $750,159,833 |
| Accounts payable and accrued expenses | $23,957,316 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $114,590,000 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $5,319,236 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $183,650,441 |
| Total liabilities | $327,516,993 |
| 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 | $422,642,840 |
Grants Awarded
Over the last fiscal year, Blessing Hospital has awarded $2,442,053 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
Carbondale, IL PURPOSE: MED ED & RESEARCH | $2,007,648 |
ADAMS COUNTY HEALTH DEPARTMENT PURPOSE: DENTAL PROGRAM | $100,000 |
Quincy, IL PURPOSE: GENERAL SUPPORT | $98,112 |
Quincy, IL PURPOSE: GENERAL SUPPORT | $80,000 |
Quincy, IL PURPOSE: GENERAL SUPPORT | $25,000 |
Quincy, IL PURPOSE: GENERAL SUPPORT | $23,940 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Blessing Hospital has recieved totaling $809,414.
| Awarding Organization | Amount |
|---|---|
Cfm Foundation Quincy, IL PURPOSE: BLESSING-RIEMAN COLL | $500,000 |
Cfm Foundation Quincy, IL PURPOSE: QUINCY SMPHONY ORCHE | $60,000 |
Marion Garnder Jackson Charitable Trust Dallas, TX PURPOSE: UNRESTRICTED GENERAL | $50,000 |
Cfm Foundation Quincy, IL PURPOSE: QUINCY HUMANE SOCIET | $50,000 |
Cfm Foundation Quincy, IL PURPOSE: JWCC NEW LED VIDEO | $50,000 |
Cfm Foundation Quincy, IL PURPOSE: QUINCY PUBLIC LIBRAR | $30,414 |
Endowment Analysis
| Beg. Balance | $1,826,971 |
| Earnings | $32,688 |
| Ending Balance | $1,859,659 |
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 |