Wabash Memorial Hospital Association

Organization Overview

Wabash Memorial Hospital Association is located in Decatur, IL. The organization was established in 1944. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2023, Wabash Memorial Hospital Association employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wabash Memorial Hospital Association is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 12/2023, Wabash Memorial Hospital Association generated $4.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (14.0%) each year. All expenses for the organization totaled $3.0m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (17.1%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE HEALTH CARE TO ALL MEMBERS AND THEIR DEPENDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE HEALTH CARE TO ALL MEMBERS AND THEIR DEPENDENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Fund Manager
$0
Name Not Listed
Fund Manager
$0
Name Not Listed
Chairman Of The Board
$0
Name Not Listed
Fund Manager
$0
Name Not Listed
Fund Manager
$0
Name Not Listed
Fund Manager
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $111,576
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,162,878

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