Methodist Medical Center Of Illinois is located in Peoria, 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 12/2021, Methodist Medical Center Of Illinois employed 4,289 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Methodist Medical Center Of Illinois 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 12/2021, Methodist Medical Center Of Illinois generated $477.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $483.9m during the year ending 12/2021. While expenses have increased by 3.5% 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 2014, Methodist Medical Center Of Illinois has awarded 109 individual grants totaling $70,575,213. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
WE ARE COMMITTED TO DELIVERING OUTSTANDING HEALTHCARE. PERIOD.
Describe the Organization's Program Activity:
HEALTH-CARE SERVICESMETHODIST MEDICAL CENTER OF ILLINOIS IS AN IMPORTANT ELEMENT OF THE HEALTH-CARE DELIVERY SYSTEM THAT THE CENTRAL ILLINOIS COMMUNITIES RELY ON EVERY DAY. IT IS COMMITTED TO PROVIDING QUALITY HEALTH CARE AND TO USING ITS RESOURCES TO THE GREATEST COMMUNITY BENEFIT. METHODIST MEDICAL CENTER OF ILLINOIS PROVIDES INPATIENT AND OUTPATIENT MEDICAL SERVICES TO TREAT INDIVIDUALS WITH DISEASES, ILLNESS AND INJURIES WITH VARYING COMPLEXITIES. IT PROVIDES SERVICES TO IMPROVE THE HEALTH OF PATIENTS AND TO BETTER THEIR QUALITY OF LIFE. ALL SERVICES ARE PROVIDED REGARDLESS OF AN INDIVIDUAL'S RACE, CREED, SEX, NATIONALITY, HANDICAP, AGE OR ABILITY TO COMPENSATE FOR SERVICES RENDERED. THESE INCLUDE, BUT ARE NOT LIMITED TO, GENERAL ACUTE CARE, SURGERIES, HOME HEALTH, INTENSIVE CARE AND CRITICAL CARE, MENTAL HEALTH CARE, CARDIOLOGY, ONCOLOGY, REHABILITATION, SKILLED NURSING, BEHAVIORAL DISORDER PROGRAMS, MATERNAL/CHILD CARE, LABORATORY, PALLIATIVE CARE, PHARMACEUTICAL DRUGS, EMERGENCY SERVICES, OUTPATIENT CLINICS, CHECK-UPS AND RADIOLOGY. SOME OF THE SERVICES PROVIDED DO NOT GENERATE ENOUGH INCOME TO OFFSET THEIR COST. IN THE FISCAL PERIOD ENDED DECEMBER 31, 2021, METHODIST MEDICAL CENTER OF ILLINOIS ADMITTED 12,214 PATIENTS RESULTING IN A TOTAL OF 70,003 PATIENT DAYS. OUTPATIENT VISITS TOTALED 241,227 AND TOTAL OUTPATIENT SURGERY REGISTRATIONS FOR THE SAME PERIOD WERE 6,739. THERE WERE ALSO 35,949 EMERGENCY ROOM VISITS AND 1,799 BABIES DELIVERED.
COMMUNITY BENEFIT, INCLUDING CHARITY CARECHARITY CARE AND MEANS-TESTED PROGRAMS: METHODIST MEDICAL CENTER OF ILLINOIS PROVIDES CHARITY CARE AND OTHER MEANS-TESTED PROGRAMS WITH THE GOAL TO IMPROVE THE COMMUNITY'S OVERALL HEALTH AND ACCESS TO CARE. THIS INCLUDES HEALTH-CARE SERVICES REGARDLESS OF THE PATIENT'S INSURANCE COVERAGE OR FINANCIAL STATUS. CHARITY CARE AND PARTIAL TO FULL FINANCIAL ASSISTANCE IS PROVIDED TO PATIENTS ON A CASE-BY-CASE BASIS. CHARITY CARE WAS MADE AVAILABLE AT A VALUE OF $1,886,998 IN 2021. OFTENTIMES, METHODIST MEDICAL CENTER OF ILLINOIS RECEIVES PAYMENTS FROM PAYORS OR PATIENTS THAT ARE LESS THAN IT CHARGES FOR SERVICES. METHODIST MEDICAL CENTER OF ILLINOIS PARTICIPATES IN MEDICAID AND OTHER GOVERNMENT-SPONSORED HEALTH-CARE PROGRAMS. METHODIST MEDICAL CENTER OF ILLINOIS' NET COST OF PROVIDING CARE FOR WHICH IT RECEIVES PAYMENT BELOW ITS COST IS $39,931,433 FOR 2021. TOTAL CHARITY CARE AND MEANS-TESTED PROGRAMS REPORTED VALUE: $41,818,431.OTHER BENEFITS: METHODIST MEDICAL CENTER OF ILLINOIS PROVIDES SEVERAL OTHER BENEFITS THAT ASSIST THE COMMUNITY. PROGRAMS MAY INCLUDE, BUT ARE NOT LIMITED TO, COMMUNITY HEALTH IMPROVEMENT SERVICES AND COMMUNITY BENEFIT OPERATIONS SUCH AS PREVENTION AND HEALTH SCREENINGS; CONTINUING EDUCATION FOR HEALTH PROFESSIONALS; SUBSIDIZED HEALTH SERVICES; RESEARCH; AND CASH AND IN-KIND CONTRIBUTIONS TO COMMUNITY GROUPS. METHODIST MEDICAL CENTER OF ILLINOIS COLLABORATES WITH OTHER HOSPITALS, CHURCHES, SCHOOLS, CHAMBERS OF COMMERCE AND DAYCARE CENTERS TO IMPROVE COMMUNITY HEALTH AND EXPAND ACCESS TO HEALTH CARE. METHODIST MEDICAL CENTER OF ILLINOIS HAS DEDICATED STAFF TO ASSIST COMMUNITY BENEFIT EFFORTS. TOTAL OTHER BENEFITS REPORTED VALUE: $20,298,531.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Candace Correa MD Physician | 40 | $1,099,681 | |
Steven Ambrose MD Physician | 40 | $1,068,385 | |
Aiyub Patel MD Physician | 40 | $1,025,878 | |
Adel Mina MD Physician | 40 | $957,242 | |
Alexander Adler MD Physician | 40 | $882,584 | |
Keith Knepp MD Board Member/president & CEO | OfficerTrustee | 40 | $761,434 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Fidelity On Call Ltd Healthcare Staffing Services | 12/30/21 | $3,843,148 |
Professional Therapy Services Inc Physical Therapy | 12/30/21 | $4,293,200 |
Comprehensive Emergency Solutions Er Services | 12/30/21 | $6,863,736 |
Pj Hoerr Inc Construction Services | 12/30/21 | $1,651,176 |
Acute Care Surgery Of South Dakota Surgical Services | 12/30/21 | $1,677,790 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $488,375 |
Government grants | $4,913,699 |
All other contributions, gifts, grants, and similar amounts not included above | $572,651 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $5,974,725 |
Total Program Service Revenue | $437,176,177 |
Investment income | $5,657,529 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $13,834,285 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $20,712 |
Miscellaneous Revenue | $0 |
Total Revenue | $477,166,423 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $21,545,800 |
Grants and other assistance to domestic individuals. | $2,178,943 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $3,849,319 |
Compensation of current officers, directors, key employees. | $3,849,319 |
Compensation to disqualified persons | $116,862 |
Other salaries and wages | $214,306,982 |
Pension plan accruals and contributions | $5,582,419 |
Other employee benefits | $23,260,625 |
Payroll taxes | $11,246,815 |
Fees for services: Management | $39,469,896 |
Fees for services: Legal | $2,610,739 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $1,420,276 |
Fees for services: Other | $29,937,479 |
Advertising and promotion | $755,394 |
Office expenses | $4,890,214 |
Information technology | -$1,583,343 |
Royalties | $0 |
Occupancy | $11,907,976 |
Travel | $485,346 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $89,002 |
Interest | $4,523,229 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $13,626,911 |
Insurance | $7,507,081 |
All other expenses | $102,495 |
Total functional expenses | $483,905,381 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $4,893,611 |
Savings and temporary cash investments | $22,547 |
Pledges and grants receivable | $6,700,487 |
Accounts receivable, net | $51,794,221 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $64,347,785 |
Inventories for sale or use | $9,072,801 |
Prepaid expenses and deferred charges | $1,969,161 |
Net Land, buildings, and equipment | $149,417,345 |
Investments—publicly traded securities | $248,398,724 |
Investments—other securities | $0 |
Investments—program-related | $57,241,133 |
Intangible assets | $47,473 |
Other assets | $787,696 |
Total assets | $594,692,984 |
Accounts payable and accrued expenses | $32,249,339 |
Grants payable | $0 |
Deferred revenue | $26,999,273 |
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 | $677,766 |
Unsecured mortgages and notes payable | $21,640,352 |
Other liabilities | $237,414,721 |
Total liabilities | $318,981,451 |
Net assets without donor restrictions | $239,893,946 |
Net assets with donor restrictions | $35,817,587 |
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 | $594,692,984 |
Over the last fiscal year, Methodist Medical Center Of Illinois has awarded $21,504,734 in support to 7 organizations.
Grant Recipient | Amount |
---|---|
West Des Moines, IA PURPOSE: PROGRAM SUPPORT | $21,268,043 |
HEARTLAND COMMUNITY HEALTH CLINIC PURPOSE: PROGRAM SUPPORT | $68,700 |
Peoria, IL PURPOSE: PROGRAM SUPPORT | $58,491 |
Peoria, IL PURPOSE: PROGRAM SUPPORT | $57,500 |
Peoria, IL PURPOSE: PROGRAM SUPPORT | $27,000 |
Peoria, IL PURPOSE: EVENT SPONSOR | $15,000 |
Over the last fiscal year, we have identified 2 grants that Methodist Medical Center Of Illinois has recieved totaling $638,373.
Awarding Organization | Amount |
---|---|
Methodist Medical Center Foundation Peoria, IL PURPOSE: PROGRAM SUPPORT | $488,375 |
Illinois Childrens Healthcare Foundation Oak Brook, IL PURPOSE: UNITYPLACE SCHOOL WELLNESS PROGRAM | $149,998 |
Beg. Balance | $28,927,543 |
Earnings | $6,790,042 |
Net Contributions | $593,830 |
Grants | $593,830 |
Ending Balance | $35,717,585 |
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 |