METHODIST MEDICAL CENTER OF ILLINOIS

EIN: 370661223 501(c)(3) Health Care

URBANA, IL

Total Revenue
$462,892,496
Total Expenses
$532,811,590
Total Assets
$624,064,311
Net Assets
$88,944,403
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Organization Details

Formation Year
1898
Legal Domicile
IL
Phone
2173833311
Tax Period
2023-01-01 to 2023-12-31

METHODIST MEDICAL CENTER OF ILLINOIS, founded in 1898, is a major nonprofit in the Health Care sector that reported $462.9M in total revenue in fiscal year 2023. Expenses of $532.8M exceeded revenue, resulting in a 15% operating deficit.

Mission

WE ARE COMMITTED TO DELIVERING OUTSTANDING HEALTHCARE. PERIOD.

Program Service Accomplishments

Program 1
Expenses: $455,524,017 Revenue: $444,875,024

HEALTH-CARE SERVICES METHODIST MEDICAL CENTER OF ILLINOIS IS AN IMPORTANT ELEMENT OF THE HEALTH-CARE DELIVERY SYSTEM THAT THE CENTRAL ILLINOIS COMMUNITIES RELY ON EVERY DAY. IT IS COMMITTED TO...

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HEALTH-CARE SERVICES METHODIST MEDICAL CENTER OF ILLINOIS IS AN IMPORTANT ELEMENT OF THE HEALTH-CARE DELIVERY SYSTEM THAT THE CENTRAL ILLINOIS COMMUNITIES RELY ON EVERY DAY. IT IS COMMITTED TO PROVIDING QUALITY HEALTH CARE AND TO USING ITS RESOURCES TO THE GREATEST COMMUNITY BENEFIT. METHODIST MEDICAL CENTER OF ILLINOIS IS 310-BED FACILITY IN PEORIA, IL AND PROVIDES INPATIENT AND OUTPATIENT MEDICAL SERVICES TO TREAT INDIVIDUALS WITH DISEASES, ILLNESSES AND INJURIES WITH VARYING COMPLEXITIES. IT PROVIDES SERVICES TO IMPROVE THE HEALTH OF PATIENTS AND TO BETTER THEIR QUALITY OF LIFE. ALL SERVICES ARE PROVIDED REGARDLESS OF AN INDIVIDUAL'S RACE, CREED, SEX, NATIONALITY, HANDICAP, AGE OR ABILITY TO COMPENSATE FOR SERVICES RENDERED. THESE INCLUDE, BUT ARE NOT LIMITED TO, GENERAL ACUTE CARE, SURGERIES, HOME HEALTH, INTENSIVE CARE AND CRITICAL CARE, MENTAL HEALTH CARE, CARDIOLOGY, ONCOLOGY, REHABILITATION, SKILLED NURSING, BEHAVIORAL DISORDER PROGRAMS, MATERNAL/CHILD CARE, LABORATORY, PALLIATIVE CARE, PHARMACEUTICAL DRUGS, EMERGENCY SERVICES, OUTPATIENT CLINICS, CHECK-UPS AND RADIOLOGY. SOME OF THE SERVICES PROVIDED DO NOT GENERATE ENOUGH PROFIT TO OFFSET THEIR COST. IN THE FISCAL PERIOD ENDED DECEMBER 31, 2023, METHODIST MEDICAL CENTER OF ILLINOIS ADMITTED 11,447 PATIENTS RESULTING IN A TOTAL OF 65,688 PATIENT DAYS. OUTPATIENT VISITS TOTALED 221,587 AND TOTAL OUTPATIENT SURGERY REGISTRATIONS FOR THE SAME PERIOD WERE 4,006. THERE WERE ALSO 32,682 EMERGENCY ROOM VISITS AND 1,732 BABIES DELIVERED. METHODIST MEDICAL CENTER ALSO OPENED THE TRILLIUM PLACE YOUNG MINDS CENTER WHICH PROVIDES INPATIENT AND OUTPATIENT COUNSELING AND PSYCHIATRY SERVICES, BOTH DEPARTMENTS OF METHODIST MEDICAL CENTER OF ILLINOIS, FOR CHILDREN AND ADOLESCENTS IN THE GREATER PEORIA AREA. METHODIST MEDICAL CENTER ALSO OPERATES METHODIST COLLEGE, A FOUR-YEAR, PRIVATE, NOT-FOR-PROFIT COLLEGE ACCREDITED BY THE HIGHER LEARNING COMMISSION, COMMISSION ON ACCREDITATION OF THE COUNCIL ON SOCIAL WORK EDUCATION, AND COMMISION ON ACCREDITATION OF ALLIED HEALTH EDUCATION PROGRAMS FOR THE MEDICAL ASSISTANT CERTIFICATION PROGRAM. METHODIST COLLEGE OFFERS BACCALAUREATE AND MASTER'S OPPORTUNITIES IN NURSING, HEALTH SCIENCE AND SOCIAL WORK BACHELOR DEGREE PROGRAMS, AND EDUCATION OPPORTUNITIES FOR MEDICAL AND NURSING ASSISTANTS.

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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 $4,027,908
Program Service Revenue $440,187,308
Investment Income $11,798,365
Other Revenue $6,878,915
TOTAL REVENUE $462,892,496

Expense Breakdown

Grants Paid $622,366
Salaries & Benefits $251,961,190
Fundraising Expenses $0
Program Expenses $455,524,017
Other Expenses $280,228,034
TOTAL EXPENSES $532,811,590

Year-over-Year Comparison

2023 2022 Change
Revenue $462,892,496 $472,509,694 0.0%
Expenses $532,811,590 $495,522,668 +0.1%
Net Income $-69,919,094 $-23,012,974 +2.0%
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
17
Independent Members
15
Employees
3969
Volunteers
165

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
11
$13,453,885
Total Directors
17
$2,367,089
Key Employees
12
$7,078,953
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Debbie Simon Secretary/Treasurer 1.0
Officer Director
$0 $0 $0
James Stevenson Board Member; Vice Chair BEG 04/01/2023 2.0
Officer Director
$0 $0 $3,625
John Wieland MD Chair 1.0
Officer Director
$0 $33,314 $686,902
Keith Knepp MD Ex Officio, Voting // Officer - President, Carle Health West Region 27.0
Officer Director
$1,628,845 $44,092 $1,672,937
Rich Kriegsman Vice Chair THRU 03/31/2023; Current Board Member 2.0
Officer Director
$0 $0 $0
Aaron Kilgore Board Member 1.0
Director
$0 $0 $0
Amy Darling Board Member 1.0
Director
$0 $0 $0
David Mueller Board Member 3.0
Director
$0 $0 $0
Dennis Triggs JD Board Member 1.0
Director
$0 $0 $3,625
Dirk Roecker Board Member 1.0
Director
$0 $0 $0
Jenna Cicciarelli-Wiesner Board Member 1.0
Director
$0 $0 $0
Jerry Bell EdD Board Member 1.0
Director
$0 $0 $0
Kevin Barbier Board Member 0.3
Director
$0 $0 $0
Melissa Yoder Board Member 1.0
Director
$0 $0 $0
Peter Johnsen PhD Board Member 1.0
Director
$0 $0 $0
Ronald Champagne MD Board Member 1.0
Director
$0 $0 $0
Rusty Dunn Board Member 1.0
Director
$0 $0 $0
Dennis Hesch Officer - EVP, Chief Finance & Strategy Officer 3.0
Officer
$0 $366,889 $1,762,884
James C Leonard MD Officer - President & CEO 0.5
Officer
$0 $36,885 $5,726,886
John Peters Chief Finance Officer THRU 03/31/2023 29.0
Officer
$314,895 $24,330 $339,225
Ken Dicken MBA VP, Finance - West Region 27.0
Officer
$262,860 $11,595 $274,455
Matthew Kolb JD MHA Ex Officio, Non-Voting // Officer - President, Carle Health Regions // EVP, COO 1.0
Officer
$0 $363,305 $1,930,637
Napoleon Knight MD MBA Officer - EVP, Chief Medical Officer 1.0
Officer
$0 $115,459 $1,056,334
Amelia Boyd VP, Regional Strategy & Planning 40.0
Key Emp
$354,800 $9,906 $364,706
Caleb Miller SVP, Surgical Services & Ambulatory Care 1.0
Key Emp
$0 $124,899 $778,899
Debra Adornetto-Garcia VP, WEST REGION Chief Nursing Officer 40.0
Key Emp
$376,309 $7,089 $383,398
Jeanette Murray VP, WEST REGION Hospital Operations 39.0
Key Emp
$606,715 $31,831 $638,546
Jeanine Spain VP, Chief Operating Officer 39.0
Key Emp
$837,346 $29,089 $866,435
John Miller MD Medical Director of Medical Affairs 40.0
Key Emp
$428,241 $32,643 $460,884
Joy Ledbetter VP, Talent Acquisition 40.0
Key Emp
$892,605 $36,391 $928,996
Kayla Banks PhD Interim Chancellor, Methodist College BEG 08/21/2023 30.0
Key Emp
$111,195 $66,749 $483,041
Lauren Schmid MBA EVP, Chief Human Resources Officer 1.0
Key Emp
$0 $209,640 $1,155,351
Laurie Shanderson PhD MPA FACHE Chancellor, Methodist College THRU 08/17/2023 40.0
Key Emp
$278,712 $19,262 $297,974
Nicholas Crompton VP, Construction & Facility Services 1.0
Key Emp
$0 $68,059 $432,431
Stephanie Lindstrom MD Medical Director of Central IL 40.0
Key Emp
$7,407 $18,002 $288,292
Adel Mina MD Physician - Cardiology 40.0
Highest
$1,002,136 $48,374 $1,050,510
Candace Correa MD Physician - Radiology/Oncology 40.0
Highest
$374,311 $36,362 $410,673
Divya Karjala Chakkaravarthy MD Physician - Anesthesiology 40.0
Highest
$558,481 $24,589 $583,070
John Seccombe MD Physician - Cardiology 40.0
Highest
$265,510 $35,982 $301,492
Victor Lenzi MD Physician - Anesthesiology 40.0
Highest
$1,209,003 $48,272 $1,257,275
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 $462,892,496 $532,811,590 $624,064,311 $-69,919,094
2023 $462,892,496 $532,811,590 $624,064,311 $-69,919,094
2022 $472,509,694 $495,522,668 $513,851,785 $-23,012,974
2021 $477,166,423 $483,905,381 $594,692,984 $-6,738,958
2020 $442,922,228 $439,826,978 $574,546,443 $3,095,250
2019 $406,940,541 $422,487,617 $540,053,021 $-15,547,076
2018 $445,982,351 $432,032,884 $540,083,390 $13,949,467
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