Osf Healthcare System
- Assets
- $5.6b
- Revenue
- $3.2b
- Investments
- $0.0
- Employees
- 20,996
- Location
- Peoria, IL
- Founding
- 03/1946
- Data as of
- 09/2021
- EIN
- 37-0813229
Organization Overview
Osf Healthcare System is located in Peoria, IL. The organization was established in 1946. 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 09/2021, Osf Healthcare System employed 20,996 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Osf Healthcare System 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 09/2021, Osf Healthcare System generated $3.2b in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $2.6b during the year ending 09/2021. While expenses have increased by 6.2% per year over the past 6 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 2015, Osf Healthcare System has awarded 70 individual grants totaling $11,113,100. 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
IN THE SPIRIT OF CHRIST AND THE EXAMPLE OF FRANCIS OF ASSISI, THE MISSION OF OSF HEALTHCARE IS TO SERVE PERSONS WITH THE GREATEST CARE AND LOVE IN A COMMUNITY THAT CELEBRATES THE GIFT OF LIFE.
Describe the Organization's Program Activity:
INPATIENT SERVICES : OSF HEALTHCARE SYSTEM OWNS AND OPERATES ACUTE CARE HOSPITALS IN ESCANABA, MICHIGAN; ROCKFORD, ILLINOIS; PONTIAC, ILLINOIS; BLOOMINGTON, ILLINOIS; PEORIA, ILLINOIS; GALESBURG, ILLINOIS; MONMOUTH, ILLINOIS; KEWANEE, ILLINOIS; ALTON, ILLINOIS; URBANA, ILLINOIS; DANVILLE,ILLINOIS; PRINCETON, ILLINOIS; AND EVERGREEN PARK, ILLINOIS. AS OF THE CLOSE OF THE REPORTING PERIOD ON SEPTEMBER 30, 2021, THESE THIRTEEN FACILITIES HAD A COMBINED TOTAL OF 1,967 LICENSED INPATIENT AND RESIDENT BEDS. THEY HAD COMBINED TOTALS OF 75,372 INPATIENT AND RESIDENT DISCHARGES AND 390,057 INPATIENT AND RESIDENT DAYS. THE TEN ACUTE CARE HOSPITALS COLLECTIVELY SERVED 63 COUNTIES. PONTIAC, ILLINOIS IS A SOLE COMMUNITY HOSPITAL AND ESCANABA, MICHIGAN; KEWANEE, ILLINOIS; AND MONMOUTH, ILLINOIS ARE CRITICAL ACCESS HOSPITALS. THE CORPORATION'S HOSPITALS OFFER A BROAD RANGE OF INPATIENT SERVICES. THREE OF THE HOSPITALS PROVIDE OPEN HEART SURGERY SERVICES, TWO OFFER LEVEL II NEONATAL SERVICES, ONE OFFERS LEVEL III NEONATAL SERVICES (HIGHEST LEVEL), AND ONE OFFERS KIDNEY AND PANCREAS ORGAN TRANSPLANT SERVICES. THE CORPORATION HAS ORGANIZED AND OPERATES COMPREHENSIVE CARDIAC AND STROKE CARE NETWORKS IN CENTRAL AND NORTHERN ILLINOIS AND OPERATES THE ONLY COMPREHENSIVE CHILDREN'S HOSPITAL IN CENTRAL ILLINOIS.
OUTPATIENT SERVICES: THE THIRTEEN ACUTE CARE HOSPITALS OWNED AND OPERATED BY OSF HEALTHCARE SYSTEM COLLECTIVELY PROVIDED 1,817,979 OUTPATIENT VISITS DURING THE REPORTING PERIOD ENDED SEPTEMBER 30, 2021, EXCLUDING EMERGENCY DEPARTMENT VISITS. THE CORPORATION'S HOSPITALS OFFER A BROAD RANGE OF OUTPATIENT THERAPEUTIC AND DIAGNOSTIC SERVICES, INCLUDING OUTPATIENT SURGERY AND ADVANCED MEDICAL IMAGING.
ALL THIRTEEN OF THE ACUTE CARE HOSPITALS OF THE CORPORATION PROVIDE 24-HOUR EMERGENCY DEPARTMENT SERVICES. ALL ARE STAFFED BY PHYSICIANS WHO ARE PREDOMINANTLY (BUT NOT ENTIRELY) CERTIFIED IN EMERGENCY MEDICINE BY NATIONAL SPECIALTY BOARDS. THE EMERGENCY DEPARTMENTS OF THE CORPORATION'S ACUTE CARE HOSPITALS PROVIDED 286,988 PATIENT VISITS DURING THE REPORTING PERIOD ENDED SEPTEMBER 30, 2021.
OTHER PROGRAM SERVICES BEYOND OUTPATIENT, INPATIENT AND EMERGENCY DEPARTMENT SERVICES INCLUDE: HOME HEALTH SERVICES - FIVE AGENCIES LOCATED IN ILLINOIS AND MICHIGAN. HOSPICE SERVICES - FOUR PROGRAMS LOCATED IN ILLINOIS AND MICHIGAN. RESIDENCY PROGRAMS - OSF HEALTHCARE SYSTEM IS AFFILIATED WITH THE UNIVERSITY OF ILLINOIS AND PROVIDES SUPPORT FOR TEACHING OF RESIDENTS AND FELLOWSHIP PROGRAMS. COLLEGE OF NURSING PROGRAMS - TWO OF THE CORPORATIONS HOSPITALS OPERATE ACCREDITED COLLEGES OF NURSING THAT OFFER ACCREDITED BACCALAUREATE, MASTERS AND DOCTORAL DEGREES. TRAUMA SERVICES (LEVEL 1) - TWO HOSPITALS IN THE SYSTEM ARE DESIGNATED AS LEVEL I TRAUMA (HIGHEST LEVEL) TRAUMA CENTERS AND TWO HAVE BEEN DESIGNATED AS LEVEL II TRAUMA CENTERS. EMS FLIGHT AND GROUND TRANSPORTATION SERVICES - THE CORPORATION PROVIDES HELICOPTER AND GROUND TRANSPORTS TO PATIENTS IN NORTHERN AND CENTRAL ILLINOIS. COMMUNITY CLINIC, OUTREACH AND OTHER EDUCATIONAL PROGRAMS - THE CORPORATION OFFERS TWO UNINSURED AND UNDER INSURED COMMUNITY CLINICS IN BLOOMINGTON AND PEORIA. OUTREACH PROGRAMS - THE CORPORATION PROVIDES OUTREACH PROGRAMS TO THE COMMUNITY WITH PARISH NURSING, PERINATAL OUTREACH, AND A COMMUNITY TRAINING CENTER. ALL OF THESE PROGRAMS REACH AT RISK POPULATIONS TO HELP THEM WITH SPECIFIC AND EVERYDAY HEALTHCARE NEEDS. EDUCATION - THE CORPORATION PROVIDES PARAMEDIC EDUCATION, EMT EDUCATION, MEDICAL TECH EDUCATION, RADIOLOGY TECH EDUCATION AND DIETETIC EDUCATION PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Former Vice President Clinical Specialty Services | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
American Anesthesia Of Illinois Anesthesiologists Services | 9/29/21 | $4,750,908 |
North American Partners In Anesthesia Anesthesiologists Services | 9/29/21 | $5,760,430 |
Mayo Clinic Laboratory Services | 9/29/21 | $8,077,811 |
Pointcore Network Services Llc It Services | 9/29/21 | $5,669,487 |
Change Healthcare Solutions Llc Consulting | 9/29/21 | $5,249,019 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $27,332,142 |
| Government grants | $56,182,472 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,107,162 |
| Noncash contributions included in lines 1a–1f | $672,750 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $84,621,776 |
| Total Program Service Revenue | $2,888,963,105 |
| Investment income | $190,020,516 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $249,714 |
| Net Gain/Loss on Asset Sales | $720,857 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $17,211,430 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,233,049,540 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,506,502 |
| Grants and other assistance to domestic individuals. | $219,504 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $12,809,870 |
| Compensation of current officers, directors, key employees. | $2,561,974 |
| Compensation to disqualified persons | $729,174 |
| Other salaries and wages | $999,570,904 |
| Pension plan accruals and contributions | $43,927,129 |
| Other employee benefits | $186,954,464 |
| Payroll taxes | $72,636,535 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,360,415 |
| Fees for services: Accounting | $1,161,185 |
| Fees for services: Lobbying | $952,387 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $190,417,019 |
| Advertising and promotion | $7,073,866 |
| Office expenses | $19,522,818 |
| Information technology | $40,947,738 |
| Royalties | $0 |
| Occupancy | $20,589,527 |
| Travel | $3,974,113 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,952,883 |
| Interest | $51,036,703 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $103,699,865 |
| Insurance | $34,924,201 |
| All other expenses | $11,181,496 |
| Total functional expenses | $2,635,982,780 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $428,280,892 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $435,114,986 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $70,134,182 |
| Prepaid expenses and deferred charges | $68,309,106 |
| Net Land, buildings, and equipment | $1,535,261,973 |
| Investments—publicly traded securities | $2,492,321,111 |
| Investments—other securities | $0 |
| Investments—program-related | $146,974,739 |
| Intangible assets | $50,810,490 |
| Other assets | $333,538,704 |
| Total assets | $5,560,746,183 |
| Accounts payable and accrued expenses | $401,515,099 |
| Grants payable | $0 |
| Deferred revenue | $909,904 |
| Tax-exempt bond liabilities | $1,129,040,165 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,309,359,672 |
| Total liabilities | $2,840,824,840 |
| Net assets without donor restrictions | $2,532,019,781 |
| Net assets with donor restrictions | $187,901,562 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,560,746,183 |
Grants Awarded
Over the last fiscal year, Osf Healthcare System has awarded $1,499,149 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL INDIA HUB PURPOSE: SUPPORT OF ORG OPERATIONS | $698,944 |
Urbana, IL PURPOSE: SUPPORT OF CLINIC OPERATION | $534,055 |
Peoria, IL PURPOSE: SUPPORT OF ORG OPERATIONS | $153,000 |
WILDLIFE PRAIRIE STATE PARK PURPOSE: SUPPORT OF ORG OPERATIONS | $73,150 |
Chicago, IL PURPOSE: SUPPORT OF ORG OPERATIONS | $25,000 |
Normal, IL PURPOSE: SUPPORT OF ORG OPERATIONS | $15,000 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Osf Healthcare System has recieved totaling $448,137.
| Awarding Organization | Amount |
|---|---|
Illinois Critical Access Hospital Network Princeton, IL PURPOSE: FLEX POPULATION HEALTH, 2022 SHIP AND ARP SHIP COVID | $276,200 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $47,710 |
Alliance Nctn Foundation Chicago, IL PURPOSE: INSTITUTIONAL SUPPORT FOR CANCER RESEARCH | $43,800 |
National Association Of Childrens Hospital And Related Institutions Washington, DC PURPOSE: CHILD'S PLAY GRANT | $25,000 |
American Endowment Foundation Hudson, OH PURPOSE: GENERAL OPERATING SUPPORT | $20,000 |
Roland G Balg Charitable Trust Dallas, TX PURPOSE: UNRESTRICTED GENERAL | $20,000 |
Endowment Analysis
| Beg. Balance | $134,893,648 |
| Earnings | $29,091,735 |
| Net Contributions | $13,447,047 |
| Other Expense | $5,647,373 |
| Grants | $529,940 |
| Ending Balance | $171,255,117 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Lukes Hospital Of Kansas City Kansas City, MO | $1,771,100,748 | $1,070,641,998 |
Saint Thomas West Hospital St Louis, MO | $949,679,305 | $1,081,181,844 |
Mercy Hospital Springfield Springfield, MO | $547,925,906 | $1,115,699,805 |
Deaconess Hospital Inc Evansville, IN | $1,921,220,397 | $1,102,144,618 |
Ascension St John Hospital St Louis, MO | $469,518,860 | $965,978,781 |
Advocate North Side Health Network Downers Grove, IL | $946,824,836 | $901,672,521 |
The Carle Foundation Hospital Urbana, IL | $465,988,906 | $1,085,020,210 |
Ssm Healthcare Of Oklahoma Inc St Louis, MO | $640,999,933 | $906,998,301 |
Catholic Health Initiatives-Iowa Corp Des Moines, IA | $1,114,579,485 | $904,841,538 |
Central Iowa Hospital Corporation Des Moines, IA | $1,438,981,448 | $937,321,371 |
Saint Joseph Health System Inc Lexington, KY | $961,743,109 | $864,115,504 |
Uofl Health-Louisville Inc Louisville, KY | $577,142,236 | $950,019,808 |