Morris Hospital

EIN: 362170155 501(c)(3) Health Care

Morris, IL

Total Revenue
$251,081,834
Total Expenses
$239,136,254
Total Assets
$356,987,047
Net Assets
$209,088,400
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Financial Trends

Organization Details

Formation Year
1906
Legal Domicile
IL
Principal Officer
Thomas J Dohm
Phone
8159422932
Tax Period
2023-01-01 to 2023-12-31

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.

Mission

Morris Hospital exists to improve the health of area residents.

Program Service Accomplishments

Program 1
Expenses: $218,579,027 Revenue: $243,576,599

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...

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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.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,988,307
Program Service Revenue $241,203,491
Investment Income $5,047,162
Other Revenue $2,842,874
TOTAL REVENUE $251,081,834

Expense Breakdown

Grants Paid $1,453,621
Salaries & Benefits $127,752,306
Fundraising Expenses $0
Program Expenses $218,579,027
Other Expenses $109,930,327
TOTAL EXPENSES $239,136,254

Year-over-Year Comparison

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%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
9
Employees
1801
Volunteers
9

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
6
$1,160,574
Total Directors
12
$792,895
Key Employees
6
$1,949,450
Highest Compensated
5
reported
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
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
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
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