HSHS Medical Group Inc

EIN: 263956318 501(c)(3)

Springfield, IL

Total Revenue
$128,939,203
Total Expenses
$198,588,507
Total Assets
$108,883,749
Net Assets
$62,874,648
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
IL
Phone
2173219292
Tax Period
2024-07-01 to 2025-06-30

HSHS Medical Group Inc, founded in 2008, is a major nonprofit that reported $128.9M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $198.6M exceeded revenue, resulting in a 54% operating deficit.

Mission

TO REVEAL AND EMBODY CHRIST'S HEALING LOVE FOR ALL PEOPLE THROUGH A HEALTH CARE MINISTRY BY PROVIDING PRIMARY AND SPECIALTY PHYSICIAN SERVICES TO THE COMMUNITIES HOSPITAL SISTERS HEALTH SYSTEM SERVES.

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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 $8,544
Program Service Revenue $128,426,410
Investment Income $504,249
Other Revenue $0
TOTAL REVENUE $128,939,203

Expense Breakdown

Grants Paid $56,539
Salaries & Benefits $117,340,719
Fundraising Expenses $0
Program Expenses $176,064,783
Other Expenses $81,191,249
TOTAL EXPENSES $198,588,507

Year-over-Year Comparison

2024 2023 Change
Revenue $128,939,203 $140,192,643 -0.1%
Expenses $198,588,507 $229,547,931 -0.1%
Net Income $-69,649,304 $-89,355,288 -0.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
8
Employees
1126
Volunteers
8

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
4
$2,815,203
Total Directors
11
$2,364,673
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kevin Lewis MD PRESIDENT / HSHS Chief Clinical Officer 48.5
Officer Director
$747,020 $137,374 $884,394
Alejandro Alvarado MD Board Member 1.0
Director
$0 $0 $0
Chris Skorcz Board Member 1.0
Director
$0 $0 $0
David Oligschlaeger DO Board Member / Physician 58.0
Director
$486,998 $56,823 $543,821
FRANK AGUIRRE MD Board Member 1.0
Director
$0 $0 $0
JERRY GAFFNER Board Member 1.0
Director
$0 $0 $0
Kristen Allen Board Member 1.0
Director
$0 $0 $0
LARRY HARDY Board Member 1.0
Director
$0 $0 $0
Lori Kerans Board Member 1.0
Director
$0 $0 $0
Pavan Gupta MD Board Member / Physician 1.0
Director
$0 $30,155 $936,458
RACHEL BROUGHTON Board Member 1.0
Director
$0 $0 $0
Michael Scialdone Treasurer / HSHS SVP & CFO 0.3
Officer
$0 $132,635 $912,947
Paige Toth Secretary 0.3
Officer
$0 $75,167 $368,704
PATRICIA ALLEN CFO - CARE DELIVERY (until 4/30/25) 3.0
Officer
$0 $89,922 $649,158
Danxuan Long MD Physician 60.0
Highest
$1,081,255 $43,197 $1,124,452
Leslie Anewenah MD Physician 60.0
Highest
$1,311,699 $32,557 $1,344,256
Peter Kim MD Physician 60.0
Highest
$1,188,595 $35,942 $1,224,537
Raghav Govindarajan MD Physician 60.0
Highest
$1,161,833 $39,159 $1,200,992
Steven Morton MD Physician 60.0
Highest
$1,175,854 $49,923 $1,225,777
MELINDA CLARK Former CEO MED GROUP 0.0
$74,550 $0 $74,550
TODD Smart Former Treasurer 0.0
$0 $15,590 $132,566
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 $128,939,203 $198,588,507 $108,883,749 $-69,649,304
2024 $140,192,643 $229,547,931 $109,388,720 $-89,355,288
2023 $211,724,672 $230,341,325 $133,263,176 $-18,616,653
2022 $243,195,473 $262,044,837 $123,393,466 $-18,849,364
2021 $219,567,166 $240,425,735 $136,932,585 $-20,858,569
2020 $224,478,561 $252,016,467 $121,258,095 $-27,537,906
2019 $210,744,784 $238,779,210 $52,385,048 $-28,034,426
2018 $192,661,152 $218,824,040 $48,997,804 $-26,162,888
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