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
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

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)

Financial Trends

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...

Read more

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.

🔒

Trantor Score

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)

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
🔒

Financial Health Indicators

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

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
N/A Secretary/Treasurer 1.0
Officer Director
$0 $0 $0
N/A Board Member; Vice Chair BEG 04/01/2023 2.0
Officer Director
$0 $0 $3,625
N/A Chair 1.0
Officer Director
$0 $33,314 $686,902
N/A Ex Officio, Voting // Officer - President, Carle Health West Region 27.0
Officer Director
$1,628,845 $44,092 $1,672,937
N/A Vice Chair THRU 03/31/2023; Current Board Member 2.0
Officer Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 3.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $3,625
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 0.3
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Officer - EVP, Chief Finance & Strategy Officer 3.0
Officer
$0 $366,889 $1,762,884
N/A Officer - President & CEO 0.5
Officer
$0 $36,885 $5,726,886
N/A Chief Finance Officer THRU 03/31/2023 29.0
Officer
$314,895 $24,330 $339,225
N/A VP, Finance - West Region 27.0
Officer
$262,860 $11,595 $274,455
N/A Ex Officio, Non-Voting // Officer - President, Carle Health Regions // EVP, COO 1.0
Officer
$0 $363,305 $1,930,637
N/A Officer - EVP, Chief Medical Officer 1.0
Officer
$0 $115,459 $1,056,334
N/A VP, Regional Strategy & Planning 40.0
Key Emp
$354,800 $9,906 $364,706
N/A SVP, Surgical Services & Ambulatory Care 1.0
Key Emp
$0 $124,899 $778,899
N/A VP, WEST REGION Chief Nursing Officer 40.0
Key Emp
$376,309 $7,089 $383,398
N/A VP, WEST REGION Hospital Operations 39.0
Key Emp
$606,715 $31,831 $638,546
N/A VP, Chief Operating Officer 39.0
Key Emp
$837,346 $29,089 $866,435
N/A Medical Director of Medical Affairs 40.0
Key Emp
$428,241 $32,643 $460,884
N/A VP, Talent Acquisition 40.0
Key Emp
$892,605 $36,391 $928,996
N/A Interim Chancellor, Methodist College BEG 08/21/2023 30.0
Key Emp
$111,195 $66,749 $483,041
N/A EVP, Chief Human Resources Officer 1.0
Key Emp
$0 $209,640 $1,155,351
N/A Chancellor, Methodist College THRU 08/17/2023 40.0
Key Emp
$278,712 $19,262 $297,974
N/A VP, Construction & Facility Services 1.0
Key Emp
$0 $68,059 $432,431
N/A Medical Director of Central IL 40.0
Key Emp
$7,407 $18,002 $288,292
N/A Physician - Cardiology 40.0
Highest
$1,002,136 $48,374 $1,050,510
N/A Physician - Radiology/Oncology 40.0
Highest
$374,311 $36,362 $410,673
N/A Physician - Anesthesiology 40.0
Highest
$558,481 $24,589 $583,070
N/A Physician - Cardiology 40.0
Highest
$265,510 $35,982 $301,492
N/A 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
Explore More Nonprofits
Top 100 Nonprofits in Illinois Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare METHODIST MEDICAL CENTER OF ILLINOIS with other nonprofits in Illinois and across the country.