FAIRFIELD, 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)FAIRFIELD MEMORIAL HOSPITAL ASSOCIATION, founded in 1948, is a mid-sized nonprofit in the Health Care sector that reported $49.3M in total revenue in fiscal year 2024.
THE MISSION OF FAIRFIELD MEMORIAL HOSPITAL IS TO MAINTAIN AND IMPROVE THE HEALTH OF THE COMMUNITIES WE SERVE.
AS A NOT-FOR-PROFIT COMMUNITY HOSPITAL, FAIRFIELD MEMORIAL IS A CHARITABLE ORGANIZATION THAT EXISTS TO ADVANCE THE HEALTH OF THE RESIDENTS OF WAYNE COUNTY AND SURROUNDING COMMUNITIES. FAIRFIELD...
AS A NOT-FOR-PROFIT COMMUNITY HOSPITAL, FAIRFIELD MEMORIAL IS A CHARITABLE ORGANIZATION THAT EXISTS TO ADVANCE THE HEALTH OF THE RESIDENTS OF WAYNE COUNTY AND SURROUNDING COMMUNITIES. FAIRFIELD MEMORIAL HOSPITAL OPERATES A RURAL HEALTHCARE FACILITY WITH 25 ACUTE CARE BEDS AND 30 SKILLED CARE BEDS. IN AUGUST 2008, THE HOSPITAL OPENED A RURAL HEALTH CLINIC. TODAY IT OPERATES RURAL HEALTH CLINICS PROVIDING MEDICAL AND BEHAVIORAL HEALTH SERVICES IN FAIRFIELD, CISNE, AND CARMI, AS WELL AS, OPERATING OUTPATIENT SURGICAL SPECIALTY CLINICS, TO INCLUDE GENERAL SURGERY, WOUND CARE, AND PAIN MANAGEMENT. FAIRFIELD MEMORIAL HOSPITAL PROVIDES QUALITY MEDICAL HEALTHCARE TO ALL PERSONS WITHOUT REGARD TO AND DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, RELIGION (CREED), GENDER, GENDER SEX EXPRESSION, AGE, NATIONAL ORIGIN (ANCESTRY), PHYSICAL OR MENTAL DISABILITY, MARITAL STATUS, GENDER IDENTITY, SEXUAL ORIENTATION, SOCIAL ECONOMIC STATUS, ETHNICITY, CULTURE, LANGUAGE, MILITARY STATUS, OR ABILITY TO PAY. ALTHOUGH REIMBURSEMENT FOR SERVICES RENDERED IS CRITICAL TO THE OPERATION AND STABILITY OF FAIRFIELD MEMORIAL HOSPITAL, IT IS RECOGNIZED THAT NOT ALL INDIVIDUALS POSSESS THE ABILITY TO PURCHASE ESSENTIAL MEDICAL SERVICES. THEREFORE, IN KEEPING WITH THIS CORPORATION'S COMMITMENT TO SERVE ALL MEMBERS OF THE COMMUNITIES WE SERVE. THE COMMUNITY, FREE CARE AND/OR SUBSIDIZED CARE, CARE PROVIDED TO PERSONS COVERED BY GOVERNMENTAL PROGRAMS AT BELOW COST, AND HEALTH ACTIVITIES AND PROGRAMS TO SUPPORT THE COMMUNITY WILL BE CONSIDERED WHERE THE NEED AND/OR INDIVIDUALS INABILITY TO PAY COEXISTS. THE COMMUNITY BENEFITS CAN BE MEASURED IN MANY WAYS INCLUDING: DIRECT PATIENT CARE, SCREENINGS, EDUCATION, FUNDRAISING, AND COMMUNITY SERVICE EFFORTS OF OUR COLLEAGUES. THE HOSPITAL PROVIDES CARE TO PERSONS COVERED BY GOVERNMENTAL PROGRAMS, PROVIDING SERVICES TO BOTH MEDICARE AND MEDICAID PATIENTS. CHARITY CARE IS ALSO PROVIDED THROUGH THE HOSPITAL'S INTERNAL FINANCIAL ASSISTANCE POLICY.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $49,314,974 | $48,295,823 | +0.0% |
| Expenses | $51,012,895 | $53,607,139 | 0.0% |
| Net Income | $-1,697,921 | $-5,311,316 | -0.7% |
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 |
|---|---|---|---|---|---|---|
| PATRICK MOLT MD | PRESIDENT/CMO | 5.00 |
Officer
Director
|
$364 | $0 | $364 |
| JOEY HUNGERFORD | VICE PRESIDENT (END 06/25) | 1.75 |
Officer
Director
|
$0 | $0 | $0 |
| ANITA POND | SECRETARY/TREASURER | 1.75 |
Officer
Director
|
$0 | $0 | $0 |
| MICHAEL COPELAND | DIRECTOR | 1.75 |
Director
|
$0 | $0 | $0 |
| DONNA MASTERSON | DIRECTOR | 1.75 |
Director
|
$0 | $0 | $0 |
| D JAMIE POLLARD | DIRECTOR | 1.75 |
Director
|
$0 | $0 | $0 |
| MATTHEW SENG | DIRECTOR | 1.75 |
Director
|
$0 | $0 | $0 |
| DOUG WILSON | DIRECTOR | 1.75 |
Director
|
$0 | $0 | $0 |
| JOSH SCOTT | DIRECTOR | 1.75 |
Director
|
$0 | $0 | $0 |
| JARED FLORENCE | DIRECTOR | 1.75 |
Director
|
$0 | $0 | $0 |
| CRAIG SELF | DIRECTOR | 1.75 |
Director
|
$0 | $0 | $0 |
| KATHERINE BUNTING | CEO | 40.00 |
Officer
|
$204,297 | $2,728 | $207,025 |
| DANA TAYLOR | COO | 50.00 |
Officer
|
$137,498 | $8,504 | $146,002 |
| RACHEL EWING | CNO (END 06/25) | 50.00 |
Officer
|
$108,118 | $10,784 | $118,902 |
| KRISTIN BOLDT | INTERIM CFO (END 08/24) | 50.00 |
Officer
|
$107,999 | $7,120 | $115,119 |
| MICHAEL COOPER | CEO (BEG 07/24) | 40.00 |
Officer
|
$122,877 | $11,121 | $133,998 |
| JIM BASCH | CFO (BEG 08/24-11/24, 06/25) | 40.00 |
Officer
|
$249,901 | $0 | $249,901 |
| WILLIAM GILES | CFO (08/24-06/25) | 40.00 |
Officer
|
$44,697 | $1,807 | $46,504 |
| JENNIFER GILPIN | CNO (BEG 06/25) | 40.00 |
Officer
|
$0 | $0 | $0 |
| KORY BLANK | ORTHOPEDIC SURGEON | 40.00 |
Highest
|
$692,880 | $21,051 | $713,931 |
| ARUNIMA SAXENA | PHYSICIAN | 40.00 |
Highest
|
$350,735 | $15,202 | $365,937 |
| LAUREN WILLIAMS | PHYSICIAN | 40.00 |
Highest
|
$414,027 | $12,487 | $426,514 |
| CHRISTOPHER BALLARD | PHYSICIAN | 40.00 |
Highest
|
$351,410 | $22,667 | $374,077 |
| KIMBERLY KING | CRNA/PAIN MANAGEMENT PROVIDER | 40.00 |
Highest
|
$373,196 | $20,730 | $393,926 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $49,314,974 | $51,012,895 | $51,331,074 | $-1,697,921 |
| 2024 | No data | No data | No data | No data |
| 2023 | $51,942,638 | $52,092,469 | $60,681,272 | $-149,831 |
| 2022 | $48,296,657 | $43,106,347 | $57,270,866 | $5,190,310 |
| 2021 | $43,663,128 | $36,983,641 | $49,011,590 | $6,679,487 |
| 2020 | $34,891,715 | $34,602,519 | $32,728,614 | $289,196 |
| 2020 | $37,642,534 | $34,683,970 | $28,003,813 | $2,958,564 |
| 2019 | $32,587,911 | $32,031,979 | $24,318,933 | $555,932 |
| 2018 | $31,534,552 | $30,708,358 | $24,105,006 | $826,194 |
Compare FAIRFIELD MEMORIAL HOSPITAL ASSOCIATION with other nonprofits in Illinois and across the country.