Overview
What is Freeport Memorial Hospital?
Freeport Memorial Hospital is a dedicated healthcare institution serving the people of northwest Illinois and southern Wisconsin. Their mission is centered on enhancing community health and well-being, offering accessible, compassionate, and expert services for individuals of all ages. The hospital is deeply committed to providing personalized and professional care, ensuring every family member receives the attention they deserve.
Official website here: www.fhn.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Freeport Memorial Hospital has achieved a commendable Four-Star rating from Charity Navigator, reflecting its high standards in accountability and finance. The score is a testament to the organization's commitment to transparency and effective management, with a perfect score in several key areas, including financial oversight and board independence.
The hospital’s governance structure is strong, with 90% of its board members being independent, which fosters unbiased decision-making. Additionally, the organization has implemented robust policies regarding conflict of interest, whistleblower protections, and document retention, ensuring ethical practices and safeguarding its assets.
While the financial health of Freeport Memorial Hospital appears solid, as indicated by a low liabilities-to-assets ratio and a high program expense ratio, the data does not highlight any challenges or areas for improvement. Overall, the organization stands out for its responsible financial management and dedication to serving its community effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Freeport Memorial Hospital legitimate?
Freeport Memorial Hospital is a legitimate nonprofit organization registered as a 501(c)(3) entity. Freeport Memorial Hospital submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $2,051,285
Professional Fundraising Fees: $0
Other Salaries and Wages: $42,219,440
For more financial information, click here
Official website here: www.fhn.org
What is the mission statement of Freeport Memorial Hospital?
Freeport Memorial Hospital is dedicated to enhancing the health and wellbeing of communities in northwest Illinois and southern Wisconsin. Through their mission, they prioritize working collaboratively with those they serve. The organization offers a range of healthcare services catering to individuals of all ages, ensuring accessible and personalized care for every family member. FHN's commitment extends beyond individual health, as they strive to provide professional and compassionate care to the communities they serve.
Official website here: www.fhn.org
Who is the CEO of Freeport Memorial Hospital?
Mark S Gridley is the CEO of Freeport Memorial Hospital The CEO's salary of Freeport Memorial Hospital is $455,110 and their total compensation is $798,252.
Official website here: www.fhn.org
What is the revenue of Freeport Memorial Hospital?
Freeport Memorial Hospital's revenue in 2023 was $175,350,247.
Official website here: www.fhn.org
Who are the executives of Freeport Memorial Hospital and what are their salaries?
The average compensation at Freeport Memorial Hospital during 2023 was $32,672. There are 1355 employees at Freeport Memorial Hospital.
Here are 24 key members and their salaries (Freeport Memorial Hospital's CEO's salary is $455,110 and their total compensation is $798,252):
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- Compensation: $455,110
- Related: $278,939
- Other: $64,203
- Compensation: $218,321
- Related: $133,810
- Other: $60,154
- Compensation: $148,628
- Related: $91,089
- Other: $38,838
- Compensation: $272,722
- Related: $0
- Other: $27,649
- Compensation: $0
- Related: $394,511
- Other: $36,663
- Compensation: $0
- Related: $224,442
- Other: $27,962
- Compensation: $0
- Related: $297,480
- Other: $38,969
- Compensation: $509,041
- Related: $0
- Other: $20,230
- Compensation: $263,293
- Related: $0
- Other: $35,121
- Compensation: $696,233
- Related: $0
- Other: $31,828
- Compensation: $284,529
- Related: $0
- Other: $57,368
- Compensation: $278,250
- Related: $0
- Other: $44,331
- Compensation: $343,054
- Related: $0
- Other: $30,986
- Compensation: $360,890
- Related: $0
- Other: $14,936
Official website here: www.fhn.org
Where can I find the form 990 for Freeport Memorial Hospital?
Freeport Memorial Hospital's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.fhn.org
Learn more at the official website: www.fhn.org
Mission Statement of Freeport Memorial Hospital
Freeport Memorial Hospital, a dedicated healthcare provider, is on a mission to enhance the health and well-being of communities in northwest Illinois and southern Wisconsin. Embracing a collaborative approach, the organization works in partnership with the people it serves to deliver caring, personal, and professional healthcare solutions for all ages.
At the heart of Freeport Memorial Hospital's commitment is its unwavering dedication to the well-being of individuals and families. With a wide range of services readily available, the organization ensures that every family member has access to the healthcare they need, close to home. By providing compassionate care, Freeport Memorial Hospital makes a significant difference in the lives of the people it serves, helping them lead healthier and happier lives.
Freeport Memorial Hospital's mission extends beyond the walls of its facilities. The organization is deeply rooted in the belief that everyone deserves access to quality healthcare. Through its various initiatives and services, it strives to make a positive impact on the health and well-being of the communities it serves, ensuring that all residents have the opportunity to live their best lives.
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Impact
October, 2024
Freeport Memorial Hospital significantly impacts the health and well-being of communities in northwest Illinois and southern Wisconsin. By prioritizing accessible healthcare services for individuals of all ages, the hospital provides essential medical care that fosters a healthier population.
With a mission focused on collaboration with the communities it serves, Freeport Memorial Hospital ensures that every family member receives compassionate and professional healthcare. This commitment not only addresses immediate medical needs but also promotes long-term wellness, contributing to a higher quality of life for residents in the area. By offering a broad range of services, the hospital plays a vital role in enhancing community health outcomes and ensuring that individuals have the support they need for their health journeys.
This information is meant to be a general summary of Freeport Memorial Hospital. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $640,522
- Program Service Revenue: $173,534,554
- Gross Receipts: $175,350,247
Assets and Liabilities:
- Total Assets: $106,715,723
- Total Liabilities: $29,909,259
- Net Assets: $76,806,464
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT REVENUE
Revenue
$162,943,120
PROVIDER TAX REVENUE
Revenue
$10,399,946
OTHER INCOME
Revenue
$141,942
GOVERNMENT PAYMENT
Revenue
$39,479
CAFETERIA REVENUE
Revenue
$9,682
Organization Details
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