The Hopedale Medical Foundation

Also known as Hopedale Medical Complex

Hopedale, IL · EIN 37-0808925 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

The Hopedale Medical Foundation reported $52.2 million in revenue and $42.3 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $74.18 went to program services, $25.82 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: 96.3% of the total. The highest compensation it reported for one person was $1,500,000 (SECRETARY/TREASURER/PHYSICIAN). 15 people received more than $100,000 in reportable compensation. Revenue rose 64% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $42M

Program services$74.18 $31M
Management & general$25.82 $11M
Fundraising$0.00 $0

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 June 30, 2025 · Form 990, Part VIII · total revenue $52M

Contributions & grants (non-government)$0.13 $69,938
Program service revenue$96.25 $50M
Investment income$1.91 $996K
Other revenue$1.71 $890K

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.
Measure	FY2025	Median
Program services Part IX 25(B) ÷ 25(A)	74.2%	85.6%
Management & general Part IX 25(C) ÷ 25(A)	25.8%	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	Not reported	$0.00
Contributions & grants share of revenue Part VIII 1h ÷ 12	0.1%	1.3%
Government grants share of revenue Part VIII 1e ÷ 12	0.0%	0.1%
Program service revenue share Part VIII 2g ÷ 12	96.3%	93.7%
Highest reported compensation Part VII-A, columns D–F	$1,500,000	$975,831
Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A)	3.55%	1.34%
People paid over $100,000 Part VII, line 2	15	27
Net assets, in months of expenses Part X 33(B) ÷ monthly expenses	19.0	6.6
Independent voting board members Part VI 1a–1b	6 of 10	88.9%

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

$28M expenses · 88.6% of program spending · grants $31,056 · revenue $42M

The Hopedale Medical complex is owned and operated by the not-for-profit charitable corporation known as the Hopedale Medical Foundation.the Hopedale Medical complex started as a 20-bed hospital in 1955 in hopedale, illinois and has expanded over the years to offer continuum of care services, including a 25-bed acute care hospital, nursing home, independent and assisted living facility as well as a wellness center.the hopedale hospital is a critical access hospital and offers virtually the same services as a larger, urban hospital, including 24-hour emergency room, icu, general and advanced…

$2.1M expenses · 6.7% of program spending · revenue $3.2M

Hopedale nursing home is a 59-bed licensed facility offering 24-hour nursing care. It is physically located on campus and connected to the hospital for the convenience of our residents and their families

$1.5M expenses · 4.7% of program spending · revenue $2.3M

Hopedale commons is a 67-bed independent and assisted living facility. It is also located on campus and is located near the hospital for the convenience of our residents and their families

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here

Role	From this org	From related orgs	Other	Total
SECRETARY/TREASURER/PHYSICIAN Director/trustee, officer, 40.00 hrs/week	$1,500,000	$0	$0	$1,500,000
PHYSICIAN Highest compensated employee, 40.00 hrs/week	$420,000	$0	$11,225	$431,225
CERTIFIED RN ANESTHETIST Highest compensated employee, 40.00 hrs/week	$308,712	$0	$24,766	$333,478
CHIEF OPERATING OFFICER Director/trustee, officer, 40.00 hrs/week	$294,283	$0	$36,154	$330,437
CERTIFIED RN ANESTHETIST Highest compensated employee, 40.00 hrs/week	$287,614	$0	$24,027	$311,641
CERTIFIED RN ANESTHETIST Highest compensated employee, 40.00 hrs/week	$287,381	$0	$23,804	$311,185
SENIOR NURSING OFFICER Highest compensated employee, 40.00 hrs/week	$191,366	$0	$13,526	$204,892
CHAIRMAN/CEO Director/trustee, officer, 2.00 hrs/week	$103,400	$0	$8,982	$112,382

15 people received more than $100,000 in reportable compensation from The Hopedale Medical Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.9M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked

RevenueExpenses

Filing	Revenue	Expenses	Programs	Net assets	Top pay
FY2025 ⓘ	$52M	$42M	74.2%	$67M	$1,500,000
FY2024 ⓘ	$44M	$37M	88.9%	$56M	$1,500,000
FY2023 ⓘ	$43M	$35M	89.4%	$48M	$1,500,000
FY2022 ⓘ	$37M	$32M	88.9%	$39M	$323,746
FY2021 ⓘ	$36M	$30M	87.6%	$35M	$502,628
FY2020 ⓘ	$32M	$30M	87.4%	$29M	$484,116

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–1b10 · 6 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 11aNo
Family or business ties among insiders Part VI 2Yes
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 26Yes
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 5435
Volunteers Part I, line 650

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only

EMERGENCY PHYSICIAN STAFFING SOLUTIONS Staffing agency	$1,630,211
ORTHOPEDICS OF ILLINOIS Physician and orthopedic services	$217,857
FIDELITY ON CALL Staffing agency	$194,515
360 TRANSCRIPTION CORP Transcription services	$146,717

Individuals listed as contractors are left out. 4 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from The Hopedale Medical Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Hopedale Medical Foundation, you can publish a response that is linked from this page.

Report a correction Respond as The Hopedale Medical Foundation How this works

Similar-sized charities in this cause

Children's Healthcare of California
Orange, CA · revenue $52M · programs 85.0% · FY2024
Affinia Healthcare
St Louis, MO · revenue $52M · programs 81.2% · 2024
Memorial Health CARE Systems
Seward, NE · revenue $52M · programs 82.7% · FY2025
OneShare Health LLC
Irving, TX · revenue $52M · programs 59.1% · 2025
Via CARE Community Health Center
Los Angeles, CA · revenue $52M · programs 86.4% · FY2025

All health care charities · Largest charities in Illinois

Questions people ask

How much of The Hopedale Medical Foundation's spending goes to programs?

In the fiscal year ending June 30, 2025, The Hopedale Medical Foundation reported that 74.2% of its $42.3 million in expenses went to program services, 25.8% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does The Hopedale Medical Foundation pay its top executive?

The largest total compensation The Hopedale Medical Foundation reported for one person in the fiscal year ending June 30, 2025 was $1,500,000, for the role of SECRETARY/TREASURER/PHYSICIAN (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does The Hopedale Medical Foundation get its money?

Of $52.2 million in revenue in the fiscal year ending June 30, 2025, 0.1% came from contributions and grants and 96.3% from program service revenue (Form 990, Part VIII).

Is The Hopedale Medical Foundation a registered charity?

The IRS lists EIN 37-0808925 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, 2021, 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 June 30, 2025, object 202611359349310136 · read the filing · XML
FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531359349303088 · read the filing
FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421369349309392 · read the filing
FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331329349302338 · read the filing
FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231339349303918 · read the filing
FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202130769349300643 · read the filing

All filings for EIN 37-0808925: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.