Iroquois Memorial Hospital And Resident Home is located in Watseka, IL. The organization was established in 1923. 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, Iroquois Memorial Hospital And Resident Home employed 426 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iroquois Memorial Hospital And Resident Home 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 09/2021, Iroquois Memorial Hospital And Resident Home generated $40.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $33.7m during the year ending 09/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
IROQUOIS MEMORIAL HOSPITAL & RESIDENT HOME IS COMMITTED TO PROVIDING QUALITY HEALTHCARE SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IROQUOIS MEMORIAL HOSPITAL AND RESIDENT HOME PROVIDES HIGH QUALITY MEDICAL HEALTH CARE REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, HANDICAP, AGE, OR ABILITY TO PAY. ALTHOUGH REIMBURSEMENT FOR SERVICES RENDERED IS CRITICAL TO THE OPERATION AND STABILITY OF THE HOSPITAL, IT IS RECOGNIZED THAT NOT ALL INDIVIDUALS POSSESS THE ABILITY TO PURCHASE ESSENTIAL MEDICAL HEALTH CARE SERVICES AND HEALTH CARE EDUCATION. THEREFORE, IN KEEPING WITH THE HOSPITAL'S COMMITMENT TO SERVE ALL MEMBERS OF OUR COMMUNITY, SOME CARE IS PROVIDED TO PERSONS COVERED BY GOVERNMENTAL PROGRAMS AT BELOW COST. THE COMMUNITY WILL BE CONSIDERED WHERE THE NEED AND/OR AN INDIVIDUAL'S INABILITY TO PAY EXIST. THESE ACTIVITIES INCLUDE PREVENTION AND WELLNESS PROGRAMS, COMMUNITY EDUCATION PROGRAMS, AND SPECIAL PROGRAMS FOR THE ELDERLY, HANDICAPPED, AND THE MEDICALLY UNDER SERVED INCLUDING A VARIETY OF BROAD COMMUNITY SUPPORT ACTIVITIES.THE HOSPITAL IS LOCATED IN WATSEKA, ILLINOIS AND SERVES THE SURROUNDING COMMUNITIES IN IROQUOIS COUNTY AND WEST-CENTRAL INDIANA. THERE ARE OUTPATIENT CLINICS MAINTAINED IN GILMAN, MILFORD, AND WATSEKA, ILLINOIS AS WELL AS KENTLAND, INDIANA. THE HOSPITAL PROVIDES BEDS FOR ACUTECARE, INTENSIVE CARE, NURSERY, AND LONG-TERM CARE. THE HOSPITAL ALSO PROVIDES AMBULANCE SERVICES TO MOST OF IROQUOIS COUNTY WITH STATIONS IN GILMAN AND WATSEKA. HOME HEALTH AND HOSPICE PROVIDE SERVICES TO WATSEKA AND SURROUNDING COMMUNITIES IN THE HOSPITAL'S SERVICE AREA. THE IROQUOIS REGIONAL HEALTH CENTER HOUSES PHYSICAL, OCCUPATIONAL, AND SPEECH THERAPIES. THE HOSPITAL IS CERTIFIED TO PROVIDE CARE TO PERSONS COVERED BY GOVERNMENTAL PROGRAMS. RECOGNIZING ITS MISSION TO THE COMMUNITY, SERVICES ARE PROVIDED TO BOTH MEDICARE AND MEDICAID PATIENTS. TO THE EXTENT REIMBURSEMENT IS BELOW COST, THE HOSPITAL RECORDS THESE AMOUNTS AS UNCOMPENSATED CARE IN MEETING ITS MISSION TO THE ENTIRE COMMUNITY. IROQUOIS MEMORIAL HOSPITAL PROVIDES NON-TRADITIONAL HOSPITAL BASED SERVICES SUCH AS AMBULANCE COVERAGE TO WATSEKA AND THE SURROUNDING IROQUOIS COUNTY COMMUNITIES. IN ADDITION TO THE COSTS OF UNCOMPENSSATED CARE AND OTHER NON-TRADITIONAL SERVICES, IROQUOIS MEMORIAL HOSPITAL & RESIDENT HOME COMMITTED SIGNIFICANT TIME AND RESOURCES TO ENDEAVORS ANDOTHER CRITICAL SERVICES WHICH MEET OTHERWISE UNFILLED COMMUNITY NEEDS. SOME OF THOSE ROGRAMS THAT FURTHER THE HOSPITAL'S MISSION INCLUDE:AMBULANCE SUPPORT FOR SPORTING EVENTS AND SURROUNDING VOLUNTEERAMBULANCE DEPARTMENTSBLOOD DRIVESBREAST CANCER AWARENESS EVENTBREAST-FEEDING CLASSES FOR EXPECTANT MOTHERSCAMP 911 SAFETY PROGRAMS FOR AREA SCHOOL CHILDRENFARM SAFETY EDUCATIONFIRST AID FOR LOCAL COMMUNITY EVENTSFREE AND REDUCED FEE HEALTH SCREENINGSFREE BLOOD PRESSURE SCREENINGSFREE CPR TRAINING FOR THE PUBLICGO RED HEALTHY HEART EVENTHEALTH-RELATED ARTICLES IN LOCAL PUBLICATIONSBIRTHING CLASSESLIFELINEMEALS ON WHEELSSPEAKER'S BUREAUTOURS FOR AREA SCHOOL CHILDREN
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Roger Dittrich Chair | Trustee | 3 | $0 |
Doug Geiger Vice Chair | Trustee | 3 | $0 |
Philip Zumwalt MD Secretary (begin 1/1/21) | Trustee | 3 | $0 |
Quentin Whitwell Secretary (end 12/31/20 | Trustee | 3 | $0 |
Rhonda Pence Treasurer | Trustee | 3 | $0 |
Martha Mccormick Director | Trustee | 3 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Alliance Medical Partners Emergency Room Services | 9/29/21 | $2,051,760 |
Amerisourcebergen Pharmacy | 9/29/21 | $1,253,781 |
Rehabilitation Associates Of The Midwest Nursing Home Program | 9/29/21 | $972,072 |
Magmutal Facility Insurance | 9/29/21 | $747,678 |
Athena Healthcare System | 9/29/21 | $646,660 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $9,075,968 |
Investment income | $14,103 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $84,327 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$1,397 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $40,541,760 |
Statement of Expenses | |
---|---|
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. | $438,912 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $13,870,327 |
Pension plan accruals and contributions | $2,630,056 |
Other employee benefits | $991,022 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $37,874 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $7,007,748 |
Advertising and promotion | $78,647 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $561,247 |
Travel | $14,081 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $243,454 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,399,275 |
Insurance | $933,854 |
All other expenses | $0 |
Total functional expenses | $33,660,729 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,980,791 |
Savings and temporary cash investments | $24,625 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $4,708,530 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $861,238 |
Prepaid expenses and deferred charges | $459,998 |
Investments—publicly traded securities | $0 |
Investments—other securities | $261,484 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $9,259,963 |
Total assets | $26,607,125 |
Accounts payable and accrued expenses | $4,640,343 |
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 | $6,406,244 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $2,766,541 |
Total liabilities | $13,813,128 |
Net assets without donor restrictions | $5,656,830 |
Net assets with donor restrictions | $7,137,167 |
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 | $12,793,997 |