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Memorial Health System

Springfield, IL · EIN 37-1110690 · 501(c)(3) · Supporting organization (509(a)(3))
Latest filing: Form 990 for the fiscal year ending September 30, 2025 (tax year 2024) · View the filing · Correct or respond

Memorial Health System reported $212.4 million in revenue and $202.1 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $73.59 went to program services, $26.41 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: 80.8% of the total. The highest compensation it reported for one person was $2,607,083 (PRESIDENT & CEO (THRU MAR25)). 188 people received more than $100,000 in reportable compensation. Revenue rose 97% 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 $202M

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 $212M

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)
73.6%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
26.4%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
0.2%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.2%0.1%
Program service revenue share
Part VIII 2g ÷ 12
80.8%93.7%
Highest reported compensation
Part VII-A, columns D–F
$2,607,083$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.29%1.34%
People paid over $100,000
Part VII, line 2
18827
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
16.76.6
Independent voting board members
Part VI 1a–1b
17 of 1988.9%

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
$43M expenses · 29.0% of program spending · revenue $1.5M

Information technology epic electronic health record implementation in november 2024, Memorial Health's board of directors approved the implementation of epic as the organization's electronic health record (ehr) of choice, with siu participating as a community connect partner. Following this decision, Memorial Health information services leadership recruited, hired, and onboarded 2 system directors, 10 managers, and 94 colleagues between january and july 2025 to build, support, and sustain the new epic environment. From july through october 2025, these colleagues completed epic certification…

$10M expenses · 6.9% of program spending · revenue $8.5M

Building and facility expansion and improvements Memorial Health's mission is to improve lives and build stronger communities through better health. Safe, functional facilities are the foundation of the healthcare services we provide. Clinical projects that began in FY 2025: dmh linear accelerator room 219 - replacement of truebeam linac vault 219 at the cancer center involves equipment replacement, finish upgrades, power conditioner moves, chiller replacement and nelco repairs to the vault door. Dmh plaza west renovations for siu -with 2/3 of the building vacant and siu wanting more space…

$6.1M expenses · 4.1% of program spending · revenue $61M

Senior leadership guided by the values of Memorial Health, executive leadership is responsible for strategic planning, prioritizing among competing issues and engaging in dialogue and decision-making that will enable Memorial Health to achieve its mission (to improve lives and build stronger communities through better health), its vision (life at its best), realize its' strategic goals, and execute its' strategic priorities to better serve central illinois and confront the many challenges facing the healthcare industry. All the work is guided by a core value, to put people first, and guiding…

$89M all other programs (line 4d)

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
PRESIDENT & CEO (THRU MAR25)
Director/trustee, officer, 25.0 hrs/week
$2,549,368$0$57,715$2,607,083
SVP & CAO (THRU JUL25)
Key employee, 25.0 hrs/week
$1,024,054$0$183,061$1,207,115
SVP & CFO
Officer, 19.3 hrs/week
$986,671$0$144,311$1,130,982
PRS.MHHOSPGROUP(THRUJUN24)
Former, 25.0 hrs/week
$0$931,226$140,689$1,071,915
PRSMHAMGRPTR;PRS&CEOSMH&MBH
Key employee, 20.0 hrs/week
$900,757$0$131,912$1,032,669
SVP & GENERAL COUNSEL (THRU JUN25)
Key employee, 25.0 hrs/week
$757,618$0$159,256$916,874
SVP & CPE (THRUJUN24)
Former, 25.0 hrs/week
$779,675$0$103,127$882,802
PRESIDENT & CEO DMH
Highest compensated employee, 0.0 hrs/week
$679,754$0$110,958$790,712

188 people received more than $100,000 in reportable compensation from Memorial Health System (Part VII, line 2). Compensation of current officers, directors and key employees totaled $6.1M (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
$0$100M$200M$300M$400MFY2020FY2021FY2022FY2023FY2024FY2025$212M$202M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$212M$202M73.6%$281M$2,607,083
FY2024 ⓘ$227M$226M82.5%$223M$1,884,200
FY2023 ⓘ$163M$175M75.2%$193M$2,162,576
FY2022 ⓘ$113M$119M52.2%$173M$2,182,956
FY2021 ⓘ$83M$100M59.4%$185M$2,573,398
FY2020 ⓘ$108M$90M59.8%$129M$1,697,129

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–1b19 · 17 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 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 510,286
  • Volunteers Part I, line 617

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
EPIC SYSTEMS CORP
Software publishers
$6,023,550
JUMP COMPANY
Advertising
$4,975,766
ALTERA DIGITAL HEALTH INC
Computer systems design
$3,647,762
NAVIA BENEFIT SOLUTIONS
Health & welfare funds
$3,279,289
SIRIUS COMPUTER SOLUTIONS INC
It services
$3,073,731

Individuals listed as contractors are left out. 68 contractors were paid more than $100,000 in all.

Correct a figure or respond

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

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Questions people ask

How much of Memorial Health System's spending goes to programs?

In the fiscal year ending September 30, 2025, Memorial Health System reported that 73.6% of its $202.1 million in expenses went to program services, 26.4% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Memorial Health System pay its top executive?

The largest total compensation Memorial Health System reported for one person in the fiscal year ending September 30, 2025 was $2,607,083, for the role of PRESIDENT & CEO (THRU MAR25) (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Memorial Health System get its money?

Of $212.4 million in revenue in the fiscal year ending September 30, 2025, 0.2% came from contributions and grants (including 0.2% from government grants) and 80.8% from program service revenue (Form 990, Part VIII).

Is Memorial Health System a registered charity?

The IRS lists EIN 37-1110690 as a 501(c)(3) organization (supporting organization (509(a)(3))), 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 September 30, 2025, object 202632299349302398 · read the filing
  • FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202502279349303520 · read the filing
  • FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202412289349302881 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202312279349305256 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202232279349304473 · read the filing
  • FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202122289349303302 · read the filing

All filings for EIN 37-1110690: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.