Ottawa Regional Hospital & Healthcare Center

EIN: 362604009 501(c)(3) Health Care

Peoria, IL

Total Revenue
$269,630,169
Total Expenses
$186,857,265
Total Assets
$221,715,458
Net Assets
$196,739,186
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1964
Legal Domicile
IL
Phone
3096552850
Tax Period
2023-10-01 to 2024-09-30

Ottawa Regional Hospital & Healthcare Center, founded in 1995, is a major nonprofit in the Health Care sector that reported $111.8M in total revenue in fiscal year 2017. Expenses of $104.9M left a modest 6% surplus.

Mission

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.

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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 $4,001,379
Program Service Revenue $264,052,345
Investment Income $124,341
Other Revenue $1,452,104
TOTAL REVENUE $269,630,169

Expense Breakdown

Grants Paid $25,000
Salaries & Benefits $87,852,559
Fundraising Expenses $0
Program Expenses $139,409,683
Other Expenses $98,979,706
TOTAL EXPENSES $186,857,265

Year-over-Year Comparison

2023 2022 Change
Revenue $269,630,169 $195,166,853 +0.4%
Expenses $186,857,265 $137,922,102 +0.4%
Net Income $82,772,904 $57,244,751 +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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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
10
Independent Members
7
Employees
801
Volunteers
32

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
43
$27,852,676
Total Directors
11
$3,356,578
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Robert C Sehring Vice Chairperson Chief Executive Officer 1.0
Officer Director
$0 $76,643 $3,064,020
Sister Agnes Joseph Williams OSF Assistant Secretary and Treasurer 1.0
Officer Director
$0 $0 $0
Sister Diane Marie McGrew OSF President and Treasurer (Through June 2024) 1.0
Officer Director
$0 $0 $0
Sister Judith Ann Duvall OSF Chairperson 1.0
Officer Director
$0 $0 $0
Sister Theresa Ann Brazeau OSF Secretary 1.0
Officer Director
$0 $0 $0
Brian J Silverstein MD Board Member 1.0
Director
$0 $0 $45,000
Gerald J McShane MD Board Member 1.0
Director
$0 $49,806 $247,558
Sister M Angelica Neumann FSGM Board Member (Beginning March 2024) 1.0
Director
$0 $0 $0
Sister M Beata Ziegler FSGM Board Member (Beginning March 2024) 1.0
Director
$0 $0 $0
Sister M Mikela Meidl FSGM Board Member 1.0
Director
$0 $0 $0
Sister Rose Therese Mann OSF Board Member 1.0
Director
$0 $0 $0
August J Querciagrossa Chief Executive Officer, Western Region 1.0
Officer
$0 $126,207 $937,285
Carol A Friesen Chief Executive Officer, Eastern Region 1.0
Officer
$0 $147,202 $1,119,198
Christopher M Curry President, OSF Transitional Care Hospital (Beginning Oct 2023) 1.0
Officer
$0 $4,640 $76,907
David Fergus Chief Supply Chain Officer 1.0
Officer
$0 $60,030 $581,704
David M Hall SVP Info Systems/ Chief Information Officer 1.0
Officer
$0 $82,060 $758,669
Dawn C Trompeter President, OSF HealthCare Saint Elizabeth Medical Center/ Saint Paul Medical Center 20.5
Officer
$456,625 $59,219 $515,844
Derrick Frazier President, OSF HealthCare Saint James-John W. Albrecht Medical Center 1.0
Officer
$0 $11,479 $206,274
Jacqueline D Kernan President, OSF HealthCare Saint Clare Medical Center and OSF HealthCare Saint Luke Medical Center 1.0
Officer
$0 $56,110 $426,782
James J Mormann Chief Executive Officer, Integrated Solutions 1.0
Officer
$0 $76,643 $1,056,725
Jason R Rodeghero President, OSF Home Care and Rehab Services 1.0
Officer
$0 $60,630 $468,327
Jeffry M Tillery President, OSF Medical Group (Through April 2024) 1.0
Officer
$0 $67,956 $1,185,950
Jennifer L Ulrich Interim President, OSF HealthCare St. Joseph Medical Center (Beginning Nov 2023) 1.0
Officer
$0 $62,616 $333,976
Jerry W Rumph President, OSF HealthCare Saint Anthony's Health Center (Through August 2024) 1.0
Officer
$0 $34,923 $402,580
John R Evancho SVP Chief Integrity Officer (Through July 2024) 1.0
Officer
$0 $76,396 $553,159
John T Barnhart President, Heart of Mary Medical Center & Sacred Heart Medical Center 1.0
Officer
$0 $55,619 $480,057
Kathleen M Kinsella President, OSF HealthCare Little Company of Mary Medical Center 1.0
Officer
$0 $61,608 $629,595
Kelly A Jefferson President, OSF HealthCare St. Francis Hospital & Medical Group 1.0
Officer
$0 $62,121 $424,598
Leon A Yeh MD VP Chief Medical Officer Emergency Serv 1.0
Officer
$0 $53,108 $760,592
Lisa A Schepers Interim President, OSF HealthCare Saint Anthony's Health Center (Beginning July 2024) 1.0
Officer
$0 $44,361 $273,730
Lisa DeKezel President, OSF HealthCare Holy Family Medical Center and OSF Healthcare St. Mary Medical Center 1.0
Officer
$0 $68,486 $476,266
Lori L Wiegand Chief Nursing Officer 1.0
Officer
$0 $56,479 $864,988
Lynn A Fulton President, OSF HealthCare St. Joseph Medical Center (Through Dec 2023) 1.0
Officer
$0 $63,584 $489,045
Megan L Zakrzewski President, OSF HealthCare Children's Hospital of Illinois (Beginning Sept 2024) 1.0
Officer
$0 $0 $0
Melinda B Cooling Senior Vice President, Advanced Practice/ Chief Clinician Executive, OSF OnCall Digital Health 1.0
Officer
$0 $51,013 $518,353
Michael A Cruz MD Chief Operating Officer 1.0
Officer
$0 $76,643 $1,425,652
Michael A Wells President, OSF HealthCare Saint Francis Medical Center 1.0
Officer
$0 $55,265 $649,287
Michael M Allen Chief Financial Officer 1.0
Officer
$0 $170,414 $1,376,047
Michelle D Conger Chief Strategy Officer, OSF Healthcare/ CEO, OSF OnCall Digital Health 1.0
Officer
$0 $152,007 $1,207,505
Ned Hill President, OSF HealthCare Sacred Heart Medical Center (Through July 2024) 1.0
Officer
$0 $60,886 $473,698
Paula A Carynski President, OSF HealthCare Saint Anthony Medical Center 1.0
Officer
$0 $70,426 $719,705
Ralph Velazquez MD System Chief Medical Officer 1.0
Officer
$0 $76,643 $1,041,877
Robert G Anderson Chief Executive Officer, Central Region 1.0
Officer
$0 $50,888 $990,176
Robert L Brandfass SVP Chief Legal Officer 1.0
Officer
$0 $76,643 $906,831
Shawn E Piers MD Interim President, OSF Medical Group (Beginning April 2024) 1.0
Officer
$0 $67,484 $503,417
Shelley A Parn Chief Human Resources Officer 1.0
Officer
$0 $88,877 $675,693
Stephanie H Stovall Chief Quality Officer (Beginning Sept 2024) 1.0
Officer
$0 $0 $0
Thomas G Hammerton President OSF Healthcare Foundation and Chief Development Officer 1.0
Officer
$0 $126,889 $742,547
Tim J Vega Chief Population Health Officer (Beginning March 2024) 1.0
Officer
$0 $66,608 $535,617
Joseph W Chuprevich DO Physician 40.0
Highest
$490,377 $65,820 $556,197
Marianne Mikat-Stevens MD Physician 40.0
Highest
$540,486 $56,479 $596,965
Michael L Glavin MD Physician 40.0
Highest
$484,206 $61,831 $546,037
Molly M Kelly MD Physician 40.0
Highest
$499,576 $66,810 $566,386
Sherine Hanna MD Medical Director OSF Saint Elizabeth Medical Center 40.0
Highest
$530,848 $46,630 $577,478
Bradley V Solberg Former President, OSF HealthCare Saint James- John W. Albrecht Medical Center 0.0
$0 $24,533 $209,332
Elizabeth A Davidson Former Interim President, OSF Healthcare Saint James-John W. Albrecht Medical Center 0.0
$0 $48,135 $292,527
Erin N Rogers Former Interim President, OSF Healthcare Heart of Mary Medical Center 0.0
$0 $60,067 $236,181
Roxanna Crosser Former Chief Executive Officer, Western Region 0.0
$0 $41,674 $464,518
Stephen E Hippler MD Former Chief Clinical Officer 0.0
$0 $0 $645,610
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 $269,630,169 $186,857,265 $221,715,458 $82,772,904
2023 $195,166,853 $137,922,102 $145,804,452 $57,244,751
2022 $155,731,638 $117,766,293 $98,484,461 $37,965,345
2021 $145,777,119 $110,324,429 $91,725,518 $35,452,690
2020 $122,126,229 $107,736,247 $88,724,999 $14,389,982
2019 $113,006,216 $104,142,738 $73,976,513 $8,863,478
2018 $111,811,868 $104,903,716 $76,234,765 $6,908,152
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