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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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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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 $446.0M in total revenue in fiscal year 2018. Expenses of $432.0M left a modest 3% surplus.

Mission

WE ARE COMMITTED TO DELIVERING OUTSTANDING HEALTHCARE. PERIOD.

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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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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
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
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