Methodist Medical Center Of Illinois

Organization Overview

Methodist Medical Center Of Illinois is located in Peoria, 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 12/2021, Methodist Medical Center Of Illinois employed 4,289 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Methodist Medical Center Of Illinois 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 12/2021, Methodist Medical Center Of Illinois generated $477.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $483.9m during the year ending 12/2021. While expenses have increased by 3.5% 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.

Since 2014, Methodist Medical Center Of Illinois has awarded 109 individual grants totaling $70,575,213. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

WE ARE COMMITTED TO DELIVERING OUTSTANDING HEALTHCARE. PERIOD.

Describe the Organization's Program Activity:

HEALTH-CARE SERVICESMETHODIST MEDICAL CENTER OF ILLINOIS IS AN IMPORTANT ELEMENT OF THE HEALTH-CARE DELIVERY SYSTEM THAT THE CENTRAL ILLINOIS COMMUNITIES RELY ON EVERY DAY. IT IS COMMITTED TO PROVIDING QUALITY HEALTH CARE AND TO USING ITS RESOURCES TO THE GREATEST COMMUNITY BENEFIT. METHODIST MEDICAL CENTER OF ILLINOIS 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 RACE, CREED, SEX, NATIONALITY, HANDICAP, AGE OR ABILITY TO COMPENSATE FOR SERVICES RENDERED. THESE INCLUDE, BUT ARE NOT LIMITED TO, GENERAL ACUTE CARE, SURGERIES, HOME HEALTH, INTENSIVE CARE AND CRITICAL CARE, MENTAL HEALTH CARE, CARDIOLOGY, ONCOLOGY, REHABILITATION, SKILLED NURSING, BEHAVIORAL DISORDER PROGRAMS, MATERNAL/CHILD CARE, LABORATORY, PALLIATIVE CARE, PHARMACEUTICAL DRUGS, EMERGENCY SERVICES, OUTPATIENT CLINICS, CHECK-UPS AND RADIOLOGY. SOME OF THE SERVICES PROVIDED DO NOT GENERATE ENOUGH INCOME TO OFFSET THEIR COST. IN THE FISCAL PERIOD ENDED DECEMBER 31, 2021, METHODIST MEDICAL CENTER OF ILLINOIS ADMITTED 12,214 PATIENTS RESULTING IN A TOTAL OF 70,003 PATIENT DAYS. OUTPATIENT VISITS TOTALED 241,227 AND TOTAL OUTPATIENT SURGERY REGISTRATIONS FOR THE SAME PERIOD WERE 6,739. THERE WERE ALSO 35,949 EMERGENCY ROOM VISITS AND 1,799 BABIES DELIVERED.


COMMUNITY BENEFIT, INCLUDING CHARITY CARECHARITY CARE AND MEANS-TESTED PROGRAMS: METHODIST MEDICAL CENTER OF ILLINOIS 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 VALUE OF $1,886,998 IN 2021. OFTENTIMES, METHODIST MEDICAL CENTER OF ILLINOIS RECEIVES PAYMENTS FROM PAYORS OR PATIENTS THAT ARE LESS THAN IT CHARGES FOR SERVICES. METHODIST MEDICAL CENTER OF ILLINOIS PARTICIPATES IN MEDICAID AND OTHER GOVERNMENT-SPONSORED HEALTH-CARE PROGRAMS. METHODIST MEDICAL CENTER OF ILLINOIS' NET COST OF PROVIDING CARE FOR WHICH IT RECEIVES PAYMENT BELOW ITS COST IS $39,931,433 FOR 2021. TOTAL CHARITY CARE AND MEANS-TESTED PROGRAMS REPORTED VALUE: $41,818,431.OTHER BENEFITS: METHODIST MEDICAL CENTER OF ILLINOIS PROVIDES SEVERAL OTHER BENEFITS THAT ASSIST THE COMMUNITY. PROGRAMS MAY INCLUDE, BUT ARE NOT LIMITED TO, COMMUNITY HEALTH IMPROVEMENT SERVICES AND COMMUNITY BENEFIT OPERATIONS SUCH AS PREVENTION AND HEALTH SCREENINGS; CONTINUING EDUCATION FOR HEALTH PROFESSIONALS; SUBSIDIZED HEALTH SERVICES; RESEARCH; AND CASH AND IN-KIND CONTRIBUTIONS TO COMMUNITY GROUPS. METHODIST MEDICAL CENTER OF ILLINOIS COLLABORATES WITH OTHER HOSPITALS, CHURCHES, SCHOOLS, CHAMBERS OF COMMERCE AND DAYCARE CENTERS TO IMPROVE COMMUNITY HEALTH AND EXPAND ACCESS TO HEALTH CARE. METHODIST MEDICAL CENTER OF ILLINOIS HAS DEDICATED STAFF TO ASSIST COMMUNITY BENEFIT EFFORTS. TOTAL OTHER BENEFITS REPORTED VALUE: $20,298,531.


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Board, Officers & Key Employees

Name (title)Compensation
Candace Correa MD
Physician
$1,099,681
Steven Ambrose MD
Physician
$1,068,385
Aiyub Patel MD
Physician
$1,025,878
Adel Mina MD
Physician
$957,242
Alexander Adler MD
Physician
$882,584
Keith Knepp MD
Board Member/president & CEO
$761,434

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Fidelity On Call Ltd
Healthcare Staffing Services
$3,843,148
Professional Therapy Services Inc
Physical Therapy
$4,293,200
Pj Hoerr Inc
Construction Services
$1,651,176
Comprehensive Emergency Solutions
Er Services
$6,863,736
Acute Care Surgery Of South Dakota
Surgical Services
$1,677,790
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$488,375
Government grants $4,913,699
All other contributions, gifts, grants, and similar amounts not included above$572,651
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$5,974,725
Total Program Service Revenue$437,176,177
Investment income $5,657,529
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $13,834,285
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $20,712
Miscellaneous Revenue$0
Total Revenue $477,166,423

Grants Awarded

Over the last fiscal year, Methodist Medical Center Of Illinois has awarded $21,504,734 in support to 7 organizations.

Grant RecipientAmount

IOWA PHYSICIANS CLINIC MEDICAL FOUNDATION DBA UNITYPOINT CLINIC

Org PageRecipient Profile

West Des Moines, IA

PURPOSE: PROGRAM SUPPORT

$21,268,043

HEARTLAND COMMUNITY HEALTH CLINIC

PURPOSE: PROGRAM SUPPORT

$68,700

CENTRAL ILLINOIS FRIENDS

Org PageRecipient Profile

Peoria, IL

PURPOSE: PROGRAM SUPPORT

$58,491

HEART OF ILLINOIS UNITED WAY

Org PageRecipient Profile

Peoria, IL

PURPOSE: PROGRAM SUPPORT

$57,500

HULT CENTER FOR HEALTHY LIVING

Org PageRecipient Profile

Peoria, IL

PURPOSE: PROGRAM SUPPORT

$27,000

Peoria, IL

PURPOSE: EVENT SPONSOR

$15,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Methodist Medical Center Of Illinois has recieved totaling $638,373.

Awarding OrganizationAmount
Methodist Medical Center Foundation

Peoria, IL

PURPOSE: PROGRAM SUPPORT

$488,375
Illinois Childrens Healthcare Foundation

Oak Brook, IL

PURPOSE: UNITYPLACE SCHOOL WELLNESS PROGRAM

$149,998
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$28,927,543
Earnings$6,790,042
Net Contributions$593,830
Grants$593,830
Ending Balance$35,717,585

Peer Organizations

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