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Beloit Health System

Beloit, WI · EIN 39-1028081 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for calendar year 2025 (tax year 2025) · View the filing · Correct or respond

Beloit Health System reported $314.0 million in revenue and $307.0 million in expenses for calendar year 2025. Of every $100 it spent, $84.65 went to program services, $15.35 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: 94.8% of the total. The highest compensation it reported for one person was $1,512,691 (Non Voting Board Member & System President & CEO). 240 people received more than $100,000 in reportable compensation. Revenue rose 20% between 2019 and 2025. Source: Form 990, 2025.

Where $100 of spending went

Calendar year 2025 · Form 990, Part IX, line 25 · total expenses $307M

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

Calendar year 2025 · Form 990, Part VIII · total revenue $314M

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

2025 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2025Median
Program services
Part IX 25(B) ÷ 25(A)
84.7%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
15.3%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
0.0%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
94.8%93.7%
Highest reported compensation
Part VII-A, columns D–F
$1,512,691$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.49%1.34%
People paid over $100,000
Part VII, line 2
24027
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
7.76.6
Independent voting board members
Part VI 1a–1b
7 of 1188.9%

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

2025 · Form 990, Part III · the three largest programs by expense
$56M expenses · 21.5% of program spending · revenue $64M

Inpatient Revenue: Total adult admissions of 4,177 with an average daily census of 50 and an average length of stay of 4.4 days. This is in comparison to 2024 where admissions were 4,336 with an average daily census of 55 and an average length of stay of 4.6 days. Total patient days were 18,270 compared to 20,006 in 2024

$204M expenses · 78.5% of program spending · revenue $234M

Outpatient Revenue: Total Hospital and NorthPointe outpatient procedures for 2025 were just over 916,000 compared to just over 919,000 in 2024. Total Physician Clinic encounters were just over 221,000, an increase from 217,000 in 2024 due to active physician recruitment

Highest reported compensation

2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
Non Voting Board Member & System President & CEO
Officer, 40 hrs/week
$1,329,221$0$183,470$1,512,691
Physician
Highest compensated employee, 40 hrs/week
$1,360,058$0$0$1,360,058
Physician
Highest compensated employee, 40 hrs/week
$1,135,304$0$13,800$1,149,104
Physician
Highest compensated employee, 40 hrs/week
$1,060,708$0$13,800$1,074,508
VP of Physician Clinics/Medical Affairs/Physician
Key employee, 40 hrs/week
$1,044,247$0$13,800$1,058,047
Physician
Highest compensated employee, 40 hrs/week
$941,516$0$13,800$955,316
Physician
Highest compensated employee, 40 hrs/week
$923,649$0$13,800$937,449
Board Member & Physician
Director/trustee, 40 hrs/week
$839,940$0$13,800$853,740

240 people received more than $100,000 in reportable compensation from Beloit Health System (Part VII, line 2). Compensation of current officers, directors and key employees totaled $6.3M (Part IX, line 5).

7 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
FilingRevenueExpensesProgramsNet assetsTop pay
2025 ⓘ$314M$307M84.7%$197M$1,512,691
2024 ⓘ$297M$293M84.3%$184M$1,306,598
2023 ⓘ$277M$273M84.4%$173M$1,401,494
2022 ⓘ$260M$257M84.8%$166M$1,562,021
2021 ⓘ$270M$255M83.6%$174M$1,268,476
2020 ⓘ$251M$242M83.4%$152M$1,136,840
2019 ⓘ$262M$251M83.7%$145M$1,261,307

Governance answers, as filed

2025 · 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–1b11 · 7 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 4No
  • 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 51,886

Private foundation grants it received

1 private foundation reported grants to Beloit Health System totaling $300 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 Beloit 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 Beloit Health System, you can publish a response that is linked from this page.

Questions people ask

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

In calendar year 2025, Beloit Health System reported that 84.7% of its $307.0 million in expenses went to program services, 15.3% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Beloit Health System pay its top executive?

The largest total compensation Beloit Health System reported for one person in calendar year 2025 was $1,512,691, for the role of Non Voting Board Member & System President & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Beloit Health System get its money?

Of $314.0 million in revenue in calendar year 2025, 0.0% came from contributions and grants and 94.8% from program service revenue (Form 990, Part VIII).

Is Beloit Health System a registered charity?

The IRS lists EIN 39-1028081 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, 2025. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2025: Form 990 for calendar year 2025, object 202622179349300327 · read the filing
  • 2024: Form 990 for calendar year 2024, object 202533119349304113 · read the filing
  • 2023: Form 990 for calendar year 2023, object 202443209349309059 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202303179349306960 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202213189349306791 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202103149349305465 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202042549349300529 · read the filing

All filings for EIN 39-1028081: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.