MERCY CRYSTAL LAKE HOSPITAL AND MEDICAL CENTER INC

EIN: 201673011 501(c)(3) Health Care

CRYSTAL LAKE, IL

Total Revenue
$50,107,667
Total Expenses
$56,350,965
Total Assets
$105,588,582
Net Assets
$-9,357,911
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
IL
Principal Officer
JAVON BEA
Phone
7792205500
Tax Period
2024-07-01 to 2025-06-30

MERCY CRYSTAL LAKE HOSPITAL AND MEDICAL CENTER INC, founded in 2014, is a mid-sized nonprofit in the Health Care sector that reported $50.1M in total revenue in fiscal year 2024. Revenue surged 50% from the prior year, signaling strong growth momentum. Expenses of $56.4M exceeded revenue, resulting in a 12% operating deficit.

Mission

TO IMPROVE AND PROTECT THE HEALTH AND WELFARE OF THE COMMUNITY IN ACCORDANCE WITH OUR MISSION, THE MISSION OF MERCY CRYSTAL LAKE HOSPITAL AND MEDICAL CENTER, INC IS "EXCEPTIONAL HEALTH CARE SERVICES WITH A PASSION FOR MAKING LIVES BETTER". THE FOUNDATION OF THIS MISSION IS BASED ON A VISION OF QUALITY: EXCELLENCE IN PATIENT CARE; SERVICE: EXCEPTIONAL PATIENT AND CUSTOMER CARE; PARTNERING: BEST PLACE TO WORK; AND COST: COST-EFFECTIVE CARE ALONG WITH A COMMITMENT TO THE VALUES OF: HEALING IN THE BROADEST SENSE, PATIENTS COME FIRST, TREAT EACH OTHER LIKE FAMILY AND ALWAYS SEEK EXCELLENCE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $424
Program Service Revenue $49,972,688
Investment Income $0
Other Revenue $134,555
TOTAL REVENUE $50,107,667

Expense Breakdown

Grants Paid $1,245,675
Salaries & Benefits $20,523,864
Fundraising Expenses $0
Program Expenses $45,564,124
Other Expenses $34,581,426
TOTAL EXPENSES $56,350,965

Year-over-Year Comparison

2024 2023 Change
Revenue $50,107,667 $33,407,720 +0.5%
Expenses $56,350,965 $36,522,333 +0.5%
Net Income $-6,243,298 $-3,114,613 +1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
6
Employees
308
Volunteers
65

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
8
$18,307,105
Total Directors
9
$16,980,381
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TODD ANDERSON VP/CFO (TERM 01/2025) 1.00
Officer
$0 $77,630 $1,013,099
KIMBERLY SCACCIA VP - REVENUE CYCLE (TERM 09/2025) 1.00
Officer
$0 $66,109 $599,642
MARK L GOELZER MD DIRECTOR/PHYSICIAN 1.00
Director
$0 $38,924 $539,240
NICHOLAS VENTOCILLA ADVANCED PRACTICE CONTRACT PROVIDER 40.00
Highest
$289,906 $46,567 $336,473
GREGORY ZANKLE ADVANCED PRACTICE CONTRACT PROVIDER 40.00
Highest
$287,095 $7,280 $294,375
TYLER KILLPACK VICE-PRESIDENT 1.00
Officer
$0 $43,315 $285,766
THOMAS GARRITY PHYSICIAN 40.00
Highest
$239,674 $13,146 $252,820
MANDY RUEFF ADVANCED PRACTICE CONTRACT PROVIDER 32.00
Highest
$237,396 $2,602 $239,998
BRENDA BOTE-CATACUTAN RN HOSPITAL ADVANCED 44.00
Highest
$160,849 $34,860 $195,709
JAVON R BEA PRESIDENT/CEO (SEE PAGES 46-47) 1.00
Officer Director
$0 $4,695,329 $16,336,153
ROWLAND J MCCLELLAN CHAIR & DIRECTOR (IN MEMORIAM 07/2025) 1.00
Officer Director
$0 $0 $26,893
DAVE L SYVERSON DIRECTOR 1.00
Director
$0 $0 $15,753
KATHERINE A SCHACK VICE CHAIR & DIRECTOR 1.00
Officer Director
$0 $0 $15,370
WESLEY M JOST DIRECTOR 1.00
Director
$0 $0 $15,290
THOMAS D BUDD SECRETARY & TREASURER 1.00
Officer Director
$0 $0 $15,182
THOMAS R POOL CHAIR & DIRECTOR 1.00
Officer Director
$0 $0 $15,000
CARLOS S AREVALO DIRECTOR (START 10/2024) 1.00
Director
$0 $0 $1,500
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $50,107,667 $56,350,965 $105,588,582 $-6,243,298
2024 $33,407,720 $36,522,333 $108,515,172 $-3,114,613
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