Osf Healthcare System
- Assets
- $5.3b
- Revenue
- $3.4b
- Investments
- $0.0
- Employees
- 21,320
- Location
- Peoria, IL
- Founding
- 03/1946
- Data as of
- 09/2023
- EIN
- 37-0813229
Organization Overview
Osf Healthcare System is located in Peoria, IL. The organization was established in 1946. 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, Osf Healthcare System employed 21,320 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Osf Healthcare System 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 09/2023, Osf Healthcare System generated $3.4b in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $3.0b during the year ending 09/2023. While expenses have increased by 6.4% per year over the past 8 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 2015, Osf Healthcare System has awarded 100 individual grants totaling $21,677,251. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
IN THE SPIRIT OF CHRIST AND THE EXAMPLE OF FRANCIS OF ASSISI, THE MISSION OF OSF HEALTHCARE IS TO SERVE PERSONS WITH THE GREATEST CARE AND LOVE IN A COMMUNITY THAT CELEBRATES THE GIFT OF LIFE.
Describe the Organization's Program Activity:
INPATIENT SERVICES: OSF HEALTHCARE SYSTEM OWNS AND OPERATES ACUTE CARE HOSPITALS IN ESCANABA, MICHIGAN; ROCKFORD, ILLINOIS; PONTIAC, ILLINOIS; BLOOMINGTON, ILLINOIS; PEORIA, ILLINOIS; GALESBURG, ILLINOIS; MONMOUTH, ILLINOIS; KEWANEE, ILLINOIS; ALTON, ILLINOIS; URBANA, ILLINOIS; DANVILLE,ILLINOIS; PRINCETON, ILLINOIS; AND EVERGREEN PARK, ILLINOIS. AS OF THE CLOSE OF THE REPORTING PERIOD ON SEPTEMBER 30, 2023, THESE THIRTEEN FACILITIES HAD A COMBINED TOTAL OF 1,969 LICENSED INPATIENT AND RESIDENT BEDS. THEY HAD COMBINED TOTALS OF 72,228 INPATIENT AND RESIDENT DISCHARGES AND 373,757 INPATIENT AND RESIDENT DAYS. THE THIRTEEN ACUTE CARE HOSPITALS COLLECTIVELY SERVED 63 COUNTIES. PONTIAC, ILLINOIS IS A SOLE COMMUNITY HOSPITAL AND ESCANABA, MICHIGAN; KEWANEE, ILLINOIS; AND MONMOUTH, ILLINOIS ARE CRITICAL ACCESS HOSPITALS. THE CORPORATION'S HOSPITALS OFFER A BROAD RANGE OF INPATIENT SERVICES. THREE OF THE HOSPITALS PROVIDE OPEN HEART SURGERY SERVICES, TWO OFFER LEVEL II NEONATAL SERVICES, ONE OFFERS LEVEL III NEONATAL SERVICES (HIGHEST LEVEL), AND ONE OFFERS KIDNEY AND PANCREAS ORGAN TRANSPLANT SERVICES. THE CORPORATION HAS ORGANIZED AND OPERATES COMPREHENSIVE CARDIAC AND STROKE CARE NETWORKS IN CENTRAL AND NORTHERN ILLINOIS AND OPERATES THE ONLY COMPREHENSIVE CHILDREN'S HOSPITAL IN CENTRAL ILLINOIS.
OTHER PROGRAM SERVICES BEYOND OUTPATIENT, INPATIENT AND EMERGENCY DEPARTMENT SERVICES INCLUDE: HOME HEALTH SERVICES - EIGHT AGENCIES LOCATED IN ILLINOIS AND MICHIGAN. HOSPICE SERVICES - EIGHT PROGRAMS LOCATED IN ILLINOIS AND MICHIGAN. RESIDENCY PROGRAMS - OSF HEALTHCARE SYSTEM IS AFFILIATED WITH THE UNIVERSITY OF ILLINOIS AND PROVIDES SUPPORT FOR TEACHING OF RESIDENTS AND FELLOWSHIP PROGRAMS. COLLEGE OF NURSING PROGRAMS - TWO OF THE CORPORATION'S HOSPITALS OPERATE ACCREDITED COLLEGES OF NURSING THAT OFFER ACCREDITED BACCALAUREATE, MASTERS AND DOCTORAL DEGREES. TRAUMA SERVICES (LEVEL 1) - TWO HOSPITALS IN THE SYSTEM ARE DESIGNATED AS LEVEL I TRAUMA (HIGHEST LEVEL) TRAUMA CENTERS AND TWO HAVE BEEN DESIGNATED AS LEVEL II TRAUMA CENTERS. EMS FLIGHT AND GROUND TRANSPORTATION SERVICES - THE CORPORATION PROVIDES HELICOPTER AND GROUND TRANSPORTS TO PATIENTS IN NORTHERN AND CENTRAL ILLINOIS. COMMUNITY CLINIC, OUTREACH AND OTHER EDUCATIONAL PROGRAMS - THE CORPORATION OFFERS TWO UNINSURED AND UNDER INSURED COMMUNITY CLINICS IN BLOOMINGTON AND PEORIA. OUTREACH PROGRAMS - THE CORPORATION PROVIDES OUTREACH PROGRAMS TO THE COMMUNITY WITH PARISH NURSING, PERINATAL OUTREACH, AND A COMMUNITY TRAINING CENTER. ALL OF THESE PROGRAMS REACH AT RISK POPULATIONS TO HELP THEM WITH SPECIFIC AND EVERYDAY HEALTHCARE NEEDS. EDUCATION - THE CORPORATION PROVIDES PARAMEDIC EDUCATION, EMT EDUCATION, MEDICAL TECH EDUCATION, RADIOLOGY TECH EDUCATION AND DIETETIC EDUCATION PROGRAMS.
OUTPATIENT SERVICES: THE THIRTEEN ACUTE CARE HOSPITALS OWNED AND OPERATED BY OSF HEALTHCARE SYSTEM COLLECTIVELY PROVIDED 1,874,710 OUTPATIENT VISITS DURING THE REPORTING PERIOD ENDED SEPTEMBER 30, 2023, EXCLUDING EMERGENCY DEPARTMENT VISITS. THE CORPORATION'S HOSPITALS OFFER A BROAD RANGE OF OUTPATIENT THERAPEUTIC AND DIAGNOSTIC SERVICES, INCLUDING OUTPATIENT SURGERY AND ADVANCED MEDICAL IMAGING.
ALL THIRTEEN OF THE ACUTE CARE HOSPITALS OF THE CORPORATION PROVIDE 24-HOUR EMERGENCY DEPARTMENT SERVICES. ALL ARE STAFFED BY PHYSICIANS WHO ARE PREDOMINANTLY (BUT NOT ENTIRELY) CERTIFIED IN EMERGENCY MEDICINE BY NATIONAL SPECIALTY BOARDS. THE EMERGENCY DEPARTMENTS OF THE CORPORATION'S ACUTE CARE HOSPITALS PROVIDED 343,664 PATIENT VISITS DURING THE REPORTING PERIOD ENDED SEPTEMBER 30, 2023.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Vice Chairperson Chief Executive Officer | OfficerTrustee | 40 | $1,764,625 |
Name Not Listed Assistant Secretary | OfficerTrustee | 40 | $0 |
Name Not Listed President And Treasurer | OfficerTrustee | 40 | $0 |
Name Not Listed Chairperson | OfficerTrustee | 40 | $0 |
Name Not Listed Secretary | OfficerTrustee | 40 | $0 |
Name Not Listed Board Member | Trustee | 40 | $45,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Medical Solutions Llc Medical Staffing Services | 9/29/23 | $170,568,974 |
Assoc Anesthesiologists Sc Anesthesiologists Services | 9/29/23 | $15,805,671 |
North American Partners In Anesthesia Anesthesiologists Services | 9/29/23 | $13,987,389 |
Mayo Clinic Laboratory Services | 9/29/23 | $8,421,291 |
Karlin Fleisher & Falkenberg Llc Legal Services | 9/29/23 | $7,000,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $17,968,256 |
| Government grants | $19,950,251 |
| All other contributions, gifts, grants, and similar amounts not included above | $974,867 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $38,893,374 |
| Total Program Service Revenue | $3,230,513,893 |
| Investment income | $59,633,026 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $227,565 |
| Net Gain/Loss on Asset Sales | $116,654 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $9,904,234 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,396,822,840 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,076,600 |
| Grants and other assistance to domestic individuals. | $311,083 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $17,656,950 |
| Compensation of current officers, directors, key employees. | $3,531,390 |
| Compensation to disqualified persons | $616,166 |
| Other salaries and wages | $1,120,249,007 |
| Pension plan accruals and contributions | $41,385,481 |
| Other employee benefits | $198,863,202 |
| Payroll taxes | $83,934,133 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,548,562 |
| Fees for services: Accounting | $1,183,519 |
| Fees for services: Lobbying | $987,718 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $292,556,731 |
| Advertising and promotion | $6,551,562 |
| Office expenses | $16,222,810 |
| Information technology | $44,718,584 |
| Royalties | $0 |
| Occupancy | $27,134,700 |
| Travel | $5,126,603 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,315,399 |
| Interest | $55,916,678 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $116,036,337 |
| Insurance | $61,193,372 |
| All other expenses | $21,079,206 |
| Total functional expenses | $3,012,001,625 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $215,153,942 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $451,707,896 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $73,406,552 |
| Prepaid expenses and deferred charges | $84,257,555 |
| Net Land, buildings, and equipment | $1,853,470,283 |
| Investments—publicly traded securities | $1,982,789,603 |
| Investments—other securities | $0 |
| Investments—program-related | $191,638,791 |
| Intangible assets | $52,599,588 |
| Other assets | $375,966,900 |
| Total assets | $5,280,991,110 |
| Accounts payable and accrued expenses | $306,536,574 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $1,650,735,410 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $802,801,709 |
| Total liabilities | $2,760,073,693 |
| Net assets without donor restrictions | $2,339,578,603 |
| Net assets with donor restrictions | $181,338,814 |
| 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 | $5,280,991,110 |
Grants Awarded
Over the last fiscal year, Osf Healthcare System has awarded $6,072,125 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
EASTER SEALS CENTRAL ILLINOIS PURPOSE: SUPPORT OF ORG OPERATIONS | $25,000 |
INTERSECT ILLINOIS PURPOSE: SUPPORT OF ORG OPERATIONS | $50,000 |
HEARTLAND COMMUNITY HEALTH CLINIC PURPOSE: SUPPORT OF CLINIC OPERATIONS | $1,796,177 |
PEORIA PARK DISTRICT FOUNDATION PURPOSE: SUPPORT COMMUNITY WELLNESS CENTER | $400,000 |
UNIVERSITY OF ILLINOIS FOUNDATION PURPOSE: SUPPORT OF CLINIC OPERATIONS | $3,614,448 |
YMCA OF ROCK RIVER VALLEY PURPOSE: SUPPORT OF ORG OPERATIONS | $10,000 |