Morris, IL
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)Morris Hospital, founded in 1906, is a major nonprofit in the Health Care sector that reported $251.1M in total revenue in fiscal year 2023. Expenses of $239.1M left a modest 5% surplus.
Morris Hospital exists to improve the health of area residents.
Short term general and primary health care for Grundy County and the surrounding area. See also Schedule H, Part II, community building report. Through its commitment to supporting the community's...
Short term general and primary health care for Grundy County and the surrounding area. See also Schedule H, Part II, community building report. Through its commitment to supporting the community's future healthcare providers, Morris Hospital devotes staff time mentoring students who are studying to become nurses, paramedics, respiratory therapists, pharmacists, lab and radiology technologists through Joliet Junior College, College of DuPage, Illinois Valley Community College, Kankakee Community College, Lewis University, Midwestern University, University of St. Francis, Rasmussen University, Chamberlain University, Midwestern University, Illinois State University, St. Ambrose University, Benedictine College, Elmhurst University, Aurora University, Grundy Vocational Center and more. It is imperative that these students have a place to complete their critical training. By helping students train in preparation for entering the healthcare workforce, we are helping to improve access to healthcare services in the future.Morris Hospital also provides community support through financial donations to a number of community organizations whose missions are aligned with the hospital's. Examples of donations issued to community organizations in 2023 include: Joliet Junior College Foundation for career development, Greater Joliet Area YMCA, Starved Rock Regional Center for children with developmental disabilities, Lightways Hospice, Will Grundy Medical Clinic, Grundy County Emergency Management, Grundy County Health Department, Grundy Area PADS, CASA of River Valley for child advocacy services, Aden Lamps Foundation for safe sleep packets for babies, We Care of Grundy County, Grundy Lending Closet, National Fire Safety Council for fire safety education materials in Coal City, and Morris, Minooka and Marseilles Lions Clubs.Morris Hospital collaborates with We Care of Grundy County each year by providing volunteers to ring the Salvation Army bell at holiday time, with the money collected going to We Care. The hospital also supports the United Way of Eastern LaSalle County by providing volunteers to rehab a home at their annual Labor of Love day.Morris Hospital supports the Will Grundy Medical Clinic by providing free use of office space for the Will-Grundy's free clinic each month, along with volunteer time from Morris Hospital employed physicians, and free hospital services to Will Grundy Medical Clinic clients.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $251,081,834 | $238,722,658 | +0.1% |
| Expenses | $239,136,254 | $218,603,618 | +0.1% |
| Net Income | $11,945,580 | $20,119,040 | -0.4% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Dana Howd | Director | 40.00 |
Director
|
$399,232 | $11,302 | $410,534 |
| Peter Roumeliotis | Director | 40.00 |
Director
|
$346,420 | $35,941 | $382,361 |
| Brian Angwin | Chairman | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| David Bzdill | Vice Chairman | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Noreen Dollinger | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Kevin Olsen | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Steven Banghart | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Pat Halloran | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Tami Hansen | Director until 3/27/23 | 1.00 |
Director
|
$0 | $0 | $0 |
| Janis Hedenschoug | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Daniel Jurak | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Michelle Pruim | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Thomas Dohm | President/CEO | 40.00 |
Officer
|
$641,907 | $50,007 | $691,914 |
| Michael Lawrence | CFO | 40.00 |
Officer
|
$435,437 | $33,223 | $468,660 |
| Kimberly Ann Landers | VP of Patient Care Services | 54.00 |
Key Emp
|
$346,333 | $46,880 | $393,213 |
| John Wilcox | CIO | 40.00 |
Key Emp
|
$338,565 | $32,992 | $371,557 |
| James M Kirchner | VP of Professional Services | 40.00 |
Key Emp
|
$299,589 | $33,160 | $332,749 |
| Erin Murphy-Frobish | VP of Human Resources | 40.00 |
Key Emp
|
$261,681 | $42,984 | $304,665 |
| Patrick Durkin | VP of Ambulatory Services | 40.00 |
Key Emp
|
$277,532 | $7,461 | $284,993 |
| Michael Kryza | Chief Medical Officer | 40.00 |
Key Emp
|
$260,162 | $2,111 | $262,273 |
| Mir H Ali | Physician | 40.00 |
Highest
|
$1,276,374 | $46,106 | $1,322,480 |
| Keith M Rezin | Physician | 40.00 |
Highest
|
$687,121 | $35,239 | $722,360 |
| Syed Ahmed | Physician | 40.00 |
Highest
|
$628,261 | $46,430 | $674,691 |
| Athar Saeed | Physician | 40.00 |
Highest
|
$628,791 | $44,748 | $673,539 |
| Stephen H Treacy | Physician | 40.00 |
Highest
|
$571,728 | $41,861 | $613,589 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $251,081,834 | $239,136,254 | $356,987,047 | $11,945,580 |
| 2022 | $238,722,658 | $218,603,618 | $333,375,510 | $20,119,040 |
| 2021 | $222,839,599 | $212,561,264 | $336,229,049 | $10,278,335 |
| 2020 | $189,694,888 | $187,844,688 | $322,572,152 | $1,850,200 |
| 2019 | $192,627,836 | $187,629,622 | $300,254,855 | $4,998,214 |
| 2018 | $174,158,268 | $172,167,426 | $292,126,507 | $1,990,842 |
Compare Morris Hospital with other nonprofits in Illinois and across the country.