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Faith Regional Health Services

Norfolk, NE · EIN 47-0796875 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Faith Regional Health Services reported $288.6 million in revenue and $280.4 million in expenses for calendar year 2024. Of every $100 it spent, $90.15 went to program services, $9.76 to management and general costs and $0.09 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 96.6% of the total. The highest compensation it reported for one person was $4,963,125 (PHYSICIAN). 242 people received more than $100,000 in reportable compensation. Revenue rose 17% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $280M

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 2024 · Form 990, Part VIII · total revenue $289M

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

2024 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
90.2%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
9.8%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.1%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.21$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.4%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.1%0.1%
Program service revenue share
Part VIII 2g ÷ 12
96.6%93.7%
Highest reported compensation
Part VII-A, columns D–F
$4,963,125$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.77%1.34%
People paid over $100,000
Part VII, line 2
24227
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
7.76.6
Independent voting board members
Part VI 1a–1b
11 of 1588.9%

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 expense
$235M expenses · 93.0% of program spending · grants $253K · revenue $266M

Faith Regional provides healthcare to all people regardless of their ability to pay or their insurance provider. During the year, Faith Regional provided significant services for medicare and medicaid patients

$17M expenses · 6.5% of program spending · revenue $14M

Many services provided by Faith Regional are done to meet specific needs of the community because no other services are available. As a result, these services are provided knowing that they will not be financially viable or self-supporting. These services include behavioral health inpatient and outpatient services, child advocacy, diabetic education, dialysis services, acute rehabilitative services, home health care and transitional care (long-term rehabilitation) services

$1.1M expenses · 0.4% of program spending

A substantial portion of community benefits provided by Faith Regional is the provision of patient care services that are not paid for either by the patient or third party insurance. During the year, faith provided over one million dollars in assistance with paying their hospital bills

Highest reported compensation

2024 · 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
$4,926,180$0$36,945$4,963,125
PHYSICIAN
Highest compensated employee, 40.00 hrs/week
$3,803,189$0$20,493$3,823,682
PHYSICIAN
Highest compensated employee, 40.00 hrs/week
$1,680,523$0$40,569$1,721,092
PHYSICIAN
Highest compensated employee, 40.00 hrs/week
$1,138,684$0$14,533$1,153,217
PHYSICIAN
Highest compensated employee, 40.00 hrs/week
$975,354$0$36,076$1,011,430
CEO
Officer, 40.00 hrs/week
$791,760$0$40,222$831,982
MEMBER - CHIEF OF STAFF
Director/trustee, 40.00 hrs/week
$584,556$0$20,077$604,633
MEMBER - MEDICAL DIRECTOR
Director/trustee, 40.00 hrs/week
$510,212$0$31,424$541,636

242 people received more than $100,000 in reportable compensation from Faith Regional Health Services (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.3M (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$400M201920202021202220232024$289M$280M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$289M$280M90.2%$181M$4,963,125
2023 ⓘ$275M$272M90.6%$169M$4,867,283
2022 ⓘ$266M$266M90.7%$164M$4,422,386
2021 ⓘ$300M$292M91.2%$168M$3,554,564
2020 ⓘ$265M$255M92.7%$158M$3,755,805
2019 ⓘ$248M$241M92.4%$145M$3,516,442

Governance 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–1b15 · 11 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 51,778
  • Volunteers Part I, line 660

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
PATHOLOGY MEDICAL SERVICE
Lab services
$669,835
SANDERLING RENAL SERVICES
Renal dialysis services
$415,075
SIOUX CITY NIGHT PATROL
Security services
$358,134
EIDE BAILLY LLP
Accounting services
$255,361
VIRTUAL RADIOLOGY CORPORATION
Radiology services
$166,590

Individuals listed as contractors are left out. 7 contractors were paid more than $100,000 in all.

Correct a figure or respond

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

Similar-sized charities in this cause

All health care charities · Largest charities in Nebraska

Questions people ask

How much of Faith Regional Health Services's spending goes to programs?

In calendar year 2024, Faith Regional Health Services reported that 90.2% of its $280.4 million in expenses went to program services, 9.8% to management and general and 0.1% to fundraising (Form 990, Part IX).

How much does Faith Regional Health Services pay its top executive?

The largest total compensation Faith Regional Health Services reported for one person in calendar year 2024 was $4,963,125, for the role of PHYSICIAN (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Faith Regional Health Services get its money?

Of $288.6 million in revenue in calendar year 2024, 0.4% came from contributions and grants (including 0.1% from government grants) and 96.6% from program service revenue (Form 990, Part VIII).

Is Faith Regional Health Services a registered charity?

The IRS lists EIN 47-0796875 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 202533179349309808 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202433199349314248 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202332999349300748 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202223159349301822 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202133169349303998 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202023189349305712 · read the filing

All filings for EIN 47-0796875: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.