Hillsboro Area Hospital Inc

Organization Overview

Hillsboro Area Hospital Inc is located in Hillsboro, IL. The organization was established in 1938. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 06/2022, Hillsboro Area Hospital Inc employed 306 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hillsboro Area Hospital Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Hillsboro Area Hospital Inc generated $35.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $31.2m during the year ending 06/2022. While expenses have increased by 6.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

OPERATION OF HOSPITAL (INPATIENT, SWING BED & OUTPATIENT) AND ASSISTED LIVING FACILITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OPERATION OF A 25-BED CRITICAL ACCESS HOSPITAL (INPATIENT, SWING BED AND OUTPATIENT) WITH AN ASSISTED LIVING FACILITY. 889 ACUTE DAYS, 394 SWING BED DAYS, 18,910 OUTPATIENT VISITS AND 7,138 ASSISTED LIVING RESIDENT DAYS PROVIDED IN FY 2022. HILLSBORO AREA HOSPITAL ALSO PROVIDED $552,650 IN CHARITY CARE AND $2,832,888 IN OTHER COMMUNITY BENEFITS, NOT INCLUDING BAD DEBT.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Illinois Emergency Physicians
Physician Coverage
$2,052,723
Reditus Laboratories
Covid Testing
$922,100
Healthtech Management
Management & Ceo Services
$663,676
Wcp Laboratories Inc
Pathology Services
$198,004
Esp Personnel
Nursing Personnel Services
$254,234
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $695,953
All other contributions, gifts, grants, and similar amounts not included above$344,111
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,040,064
Total Program Service Revenue$33,458,653
Investment income $425,645
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $84,133
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $35,050,483

Grants Awarded

Over the last fiscal year, Hillsboro Area Hospital Inc has awarded $121,189 in support to 2 organizations.

Grant RecipientAmount

SIU SCHOOL OF MEDICINE DEPT OF POPULATION SCIENCE AND POLICY

Org PageRecipient Profile

Springfield, IL

PURPOSE: ASSISTANCE WITH COMMUNITY RESEARCH PROJECTS RE. CHILD BRAIN DEVELOPMENT, LUNG CANCER AND YOUTH ASSESSMENT.

$90,109

HILLSBORO COMMUNITY SCHOOL DISTRICT

PURPOSE: ASSISTANCE WITH CONSULTING FEES FOR SCHOOL'S COMMITMENT TO A CULTURE OF EXCELLENCE.

$31,080
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Hillsboro Area Hospital Inc has recieved totaling $431,700.

Awarding OrganizationAmount
Illinois Critical Access Hospital Network

Princeton, IL

PURPOSE: FLEX MENTAL HEALTH, 2022 SHIP AND ARP SHIP COVID

$276,700
Illinois Childrens Healthcare Foundation

Oak Brook, IL

PURPOSE: MONTGOMERY MENTAL HEALTH COLLABORATIVE

$150,000
Montgomery County Cancer Association

Litchfield, IL

PURPOSE: PATIENT CARE

$5,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$430,395
Earnings$3,084
Ending Balance$433,479

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