Osf Multi-Specialty Group is located in Peoria, IL. The organization was established in 2013. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. As of 09/2021, Osf Multi-Specialty Group employed 4,916 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Osf Multi-Specialty Group 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, Osf Multi-Specialty Group generated $421.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $768.8m during the year ending 09/2021. While expenses have increased by 12.7% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
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:
Part 3 - Line 4a
TO PROVIDE PRIMARY CARE, SPECIALTY CARE AND MEDICAL SUPERVISION THROUGHOUT THE OSF HEALTHCARE SYSTEM. OSF MULTISPECIALTY SERVICES PROVIDES SERVICES AT 156 LOCATIONS IN ILLINOIS AND MICHIGAN. OSF MULTISPECIALTY GROUP HAS 741 EMPLOYED PHYSICIANS AND 587 EMPLOYED ADVANCED PRACTITIONERS AND PROVIDED 2,280,630 PATIENT VISITS IN FY 2021.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Board Member | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Orthopedic Associates Of Peoria Sc Orthopedic Services | 9/29/21 | $10,922,167 |
Danville Polyclinic Ltd Medical Services | 9/29/21 | $6,375,783 |
West Consultant Llc Consulting | 9/29/21 | $2,304,984 |
Cardiac Surgery Associates Sc Cardiology Services | 9/29/21 | $1,361,045 |
Rockford 444 Medical Properties Llc Rent | 9/29/21 | $1,035,060 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $2,143,984 |
All other contributions, gifts, grants, and similar amounts not included above | $9,167 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,153,151 |
Total Program Service Revenue | $416,583,292 |
Investment income | $111,878 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $78,151 |
Net Gain/Loss on Asset Sales | -$136,610 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $421,093,867 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $175,386 |
Compensation of current officers, directors, key employees. | $35,077 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $489,852,527 |
Pension plan accruals and contributions | $20,403,795 |
Other employee benefits | $48,083,291 |
Payroll taxes | $26,716,914 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
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 | $46,890,662 |
Advertising and promotion | $928,318 |
Office expenses | $2,010,466 |
Information technology | $1,526,696 |
Royalties | $0 |
Occupancy | $3,607,592 |
Travel | $1,376,002 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,405,036 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $7,697,339 |
Insurance | $6,309,196 |
All other expenses | $8,211,646 |
Total functional expenses | $768,825,595 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $40,835 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $38,790,611 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $213,563 |
Prepaid expenses and deferred charges | $540,745 |
Net Land, buildings, and equipment | $171,334,423 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $19,517,567 |
Total assets | $230,437,744 |
Accounts payable and accrued expenses | $103,378,695 |
Grants payable | $0 |
Deferred revenue | $1,255,088 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $133,549,673 |
Total liabilities | $238,183,456 |
Net assets without donor restrictions | -$7,745,712 |
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 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $230,437,744 |
Over the last fiscal year, we have identified 1 grants that Osf Multi-Specialty Group has recieved totaling $10,000.
Awarding Organization | Amount |
---|---|
Muscular Dystrophy Association Chicago, IL PURPOSE: MEDICAL DIAGNOSIS | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Osf Multi-Specialty Group Peoria, IL | $230,437,744 | $421,093,867 |
Wisconsin Counties Association Group Health Tr Madison, WI | $102,064,731 | $291,341,606 |
Marshfield Clinic Health System Inc Marshfield, WI | $776,311,660 | $271,248,573 |
Loyola University Health System Maywood, IL | $1,911,286,302 | $174,709,964 |
Northshore University Healthsystem Faculty Practice Associates Evanston, IL | $344,765,338 | $178,421,264 |
Edward Health Ventures Naperville, IL | $136,057,032 | $72,129,789 |
Sinai Health System Chicago, IL | $281,453,478 | $93,419,606 |
The Foundation For Barnes-Jewish Hospital St Louis, MO | $993,230,579 | $106,273,508 |
Deaconess Health System Inc Evansville, IN | $144,110,992 | $33,405,417 |
Norton Properties Inc Louisville, KY | $374,509,086 | $60,233,665 |
Freeport Regional Health Care Found Ation Freeport, IL | $44,647,544 | $45,400,897 |
Ann & Robert H Lurie Childrens Hospital Of Chicago Foundation Chicago, IL | $630,869 | $58,277,786 |