The Finley Hospital
The Finley Hospital reported $160.8 million in revenue and $149.3 million in expenses for calendar year 2024. Of every $100 it spent, $93.72 went to program services, $6.28 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 $599,172 (PHYSICIAN). 83 people received more than $100,000 in reportable compensation. Revenue rose 27% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $149MFor 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 2024 · Form 990, Part VIII · total revenue $161MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 93.7% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 6.3% | 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 | $0.00 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.4% | 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 | $599,172 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.40% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 83 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 17.3 | 6.6 |
| Independent voting board members Part VI 1a–1b | 17 of 18 | 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
2024 · Form 990, Part III · the three largest programs by expenseHealth-care servicesthe Finley Hospital is an important element of the health-care delivery system that the iowa, illinois and wisconsin tri-state area communities rely on every day. It is committed to providing quality health-care and to using its resources to the greatest community benefit. The Finley Hospital provides inpatient and outpatient medical services to treat individuals with diseases, illness and injuries with varying complexities. It provides services to improve the health of patients and to better their quality of life. All services are provided regardless of an individual's…
Community benefits, including charity carecharity care and means-tested programs: the Finley Hospital provides charity care and other means-tested programs with the goal to improve the community's overall health and access to care. This includes health-care services regardless of the patient's insurance coverage or financial status. Charity care and partial to full financial assistance is provided to patients on a case-by-case basis. Charity care was made available at a cost of $800,830 in 2024. It is more common for Finley Hospital to receive payments from payors or patients that are less…
Highest reported compensation
2024 · 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 |
|---|---|---|---|---|
| PHYSICIAN Highest compensated employee, 40.00 hrs/week | $571,357 | $0 | $27,815 | $599,172 |
| PHYSICIAN Highest compensated employee, 40.00 hrs/week | $498,257 | $0 | $49,578 | $547,835 |
| PHYSICIAN Highest compensated employee, 40.00 hrs/week | $466,626 | $0 | $39,171 | $505,797 |
| BOARD MEMBER & MARKET PRESIDENT Director/trustee, officer, 40.00 hrs/week | $395,490 | $0 | $71,871 | $467,361 |
| PHYSICIAN Highest compensated employee, 40.00 hrs/week | $407,149 | $0 | $52,199 | $459,348 |
| BOARD MEMBER & PRESIDENT/CEO Former, 0.00 hrs/week | $352,455 | $0 | $26,058 | $378,513 |
| PHYSICIAN Highest compensated employee, 40.00 hrs/week | $330,867 | $0 | $46,723 | $377,590 |
| MARKET VP FINANCE Officer, 40.00 hrs/week | $304,725 | $0 | $39,318 | $344,043 |
83 people received more than $100,000 in reportable compensation from The Finley Hospital (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, linkedGovernance answers, as filed
2024 · 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–1b18 · 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 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 51,010
- Volunteers Part I, line 617
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| AMN HEALTHCARE INC Medical staffing | $3,108,057 |
| CONLON CONSTRUCTION SERVICES Construction services | $1,932,586 |
| ARAMARK SERVICES INC Management services | $1,064,253 |
| ALCORN LABORATORIES Medical services | $916,913 |
| DUBUQUE INTERNAL MEDICINE Medical services | $716,113 |
Individuals listed as contractors are left out. 32 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from The Finley Hospital'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 Finley Hospital, you can publish a response that is linked from this page.
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Of every $100 The Finley Hospital spent in 2024, $93.72 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of The Finley Hospital's spending goes to programs?
In calendar year 2024, The Finley Hospital reported that 93.7% of its $149.3 million in expenses went to program services, 6.3% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does The Finley Hospital pay its top executive?
The largest total compensation The Finley Hospital reported for one person in calendar year 2024 was $599,172, for the role of PHYSICIAN (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The Finley Hospital get its money?
Of $160.8 million in revenue in calendar year 2024, 0.4% came from contributions and grants and 94.8% from program service revenue (Form 990, Part VIII).
Is The Finley Hospital a registered charity?
The IRS lists EIN 42-0680354 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
- 2024: Form 990 for calendar year 2024, object 202533179349308113 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202403199349309740 · read the filing
- 2022: Form 990 for calendar year 2022, object 202323189349306647 · read the filing
- 2021: Form 990 for calendar year 2021, object 202203189349307850 · read the filing
- 2020: Form 990 for calendar year 2020, object 202123169349311452 · read the filing
- 2019: Form 990 for calendar year 2019, object 202043189349306464 · read the filing
All filings for EIN 42-0680354: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.