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Iroquois Memorial Hospital & Resident Home

Watseka, IL · EIN 37-0673512 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for the fiscal year ending September 30, 2025 (tax year 2024) · View the filing · Correct or respond

Iroquois Memorial Hospital & Resident Home reported $47.0 million in revenue and $45.8 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $77.15 went to program services, $22.85 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 95.8% of the total. The highest compensation it reported for one person was $452,842 (PHYSICIAN). 21 people received more than $100,000 in reportable compensation. Revenue rose 78% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $46M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $47M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,634 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
77.2%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
22.8%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
3.6%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
95.8%93.7%
Highest reported compensation
Part VII-A, columns D–F
$452,842$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.99%1.34%
People paid over $100,000
Part VII, line 2
2127
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
3.16.6
Independent voting board members
Part VI 1a–1b
9 of 988.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$35M expenses · 100.0% of program spending · revenue $45M

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…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PHYSICIAN
Highest compensated employee, 40.00 hrs/week
$433,706$0$19,136$452,842
PHYSICIAN
Highest compensated employee, 40.00 hrs/week
$327,565$0$15,427$342,992
CEO
Officer, 40.00 hrs/week
$239,724$0$12,331$252,055
PHYSICIAN
Highest compensated employee, 40.00 hrs/week
$225,013$0$9,329$234,342
PHYSICIAN
Highest compensated employee, 40.00 hrs/week
$219,828$0$10,141$229,969
PHYSICIAN
Highest compensated employee, 40.00 hrs/week
$187,114$0$0$187,114
CNO (THRU 02/25)/VP CUSTOMER CARE
Officer, 40.00 hrs/week
$125,602$0$14,233$139,835
CFO (THRU 10/24)
Officer, 40.00 hrs/week
$133,487$0$0$133,487

21 people received more than $100,000 in reportable compensation from Iroquois Memorial Hospital & Resident Home (Part VII, line 2). Compensation of current officers, directors and key employees totaled $706K (Part IX, line 5).

5 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80MFY2020FY2021FY2023FY2024FY2025$47M$46M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$47M$46M77.2%$12M$452,842
FY2024 ⓘ$41M$45M77.9%$10M$346,989
FY2023 ⓘ$45M$38M72.7%$15M$373,992
FY2021 ⓘ$41M$34M91.7%$13M$342,971
FY2020 ⓘ$26M$31M91.7%$5.4M$337,699

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b9 · 9 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5405
  • Volunteers Part I, line 651

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
STATERA
Emergency room services
$1,890,798
CLIPBOARD HEALTH
Contract labor
$885,898
ATHENA
Health care system
$743,123
TRINITY MEDICAL STAFFING
Medical staffing
$726,946
VIGILANCE ANESTHSIOLOGIST
Crna
$375,217

Individuals listed as contractors are left out. 30 contractors were paid more than $100,000 in all.

Private foundation grants it received

4 private foundations reported grants to Iroquois Memorial Hospital & Resident Home totaling $36,000 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Iroquois Memorial Hospital & Resident Home's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Iroquois Memorial Hospital & Resident Home, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All health care charities · Largest charities in Illinois

Questions people ask

How much of Iroquois Memorial Hospital & Resident Home's spending goes to programs?

In the fiscal year ending September 30, 2025, Iroquois Memorial Hospital & Resident Home reported that 77.2% of its $45.8 million in expenses went to program services, 22.8% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Iroquois Memorial Hospital & Resident Home pay its top executive?

The largest total compensation Iroquois Memorial Hospital & Resident Home reported for one person in the fiscal year ending September 30, 2025 was $452,842, for the role of PHYSICIAN (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Iroquois Memorial Hospital & Resident Home get its money?

Of $47.0 million in revenue in the fiscal year ending September 30, 2025, 3.6% came from contributions and grants (including 0.0% from government grants) and 95.8% from program service revenue (Form 990, Part VIII).

Is Iroquois Memorial Hospital & Resident Home a registered charity?

The IRS lists EIN 37-0673512 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202622299349301027 · read the filing
  • FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202601879349301060 · read the filing
  • FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202522269349301137 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202212279349304466 · read the filing
  • FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202132289349304473 · read the filing

All filings for EIN 37-0673512: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.