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Trinity Medical Center

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 362739299 ✦ Rock island, IL ✦ Designated as a 501(c)(3)

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Overview

What is Trinity Medical Center?

Trinity Medical Center, located in Rock Island, Illinois, is a significant component of the local healthcare system. With a workforce of 3,485 employees, it is dedicated to delivering high-quality healthcare services, catering to individuals with varying health complexities. The center provides both inpatient and outpatient care, specializing in acute care, surgeries, intensive and critical care, cardiology, oncology, rehabilitation, skilled nursing, maternal/child care, laboratory services, pharmaceutical drugs, emergency services, outpatient clinics, and radiology. These services, though essential, do not always generate enough income to cover their costs. In the fiscal year 2022, Trinity Medical Center admitted 13,248 patients, accounting for a total of 60,574 patient days. Additionally, there were 331,128 outpatient visits and 9,018 outpatient surgery registrations. The center also recorded 77,763 emergency room visits and welcomed 1,888 new babies. Trinity Medical Center's mission revolves around enhancing the health and well-being of the people and communities they serve.


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What are the reviews and ratings of this charity?

Charity Navigator Rating 97% - Four-Star out of Four Star rating

Trinity Medical Center has achieved a remarkable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization's overall score is heavily focused on financial practices, showcasing a commitment to transparency and responsible management of funds. This rating signifies that donors can trust the center to effectively utilize their contributions.

Strengths of Trinity Medical Center include a highly independent board, composed of 82% independent members, ensuring objective oversight. The organization also scored well in areas such as having a conflict of interest policy, a whistleblower policy, and thorough documentation of board meeting minutes, all of which contribute to its strong governance framework. Furthermore, an impressive program expense ratio of nearly 95% indicates a significant portion of its resources directly supports its mission-related programs.

While the organization shows strong financial health, the liabilities to assets ratio of 54.09% suggests a moderate level of debt relative to its assets. However, this is not a critical limitation, as the high program expense ratio and absence of material asset diversion further reinforce its financial integrity. Overall, Trinity Medical Center demonstrates a solid commitment to financial stewardship and community impact.


This AI summary has been generated from information found on Charity Navigator.

Is Trinity Medical Center legitimate?

Trinity Medical Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Trinity Medical Center 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: $5,181,118
Professional Fundraising Fees: $0
Other Salaries and Wages: $163,943,885

For more financial information, click here


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What is the mission statement of Trinity Medical Center?

Trinity Medical Center is dedicated to enhancing the health and well-being of the individuals and communities it serves. Its mission is to provide quality healthcare services, utilizing resources for the greatest community benefit. The center offers various medical services, including inpatient and outpatient care, surgeries, intensive care, cardiology, oncology, rehabilitation, skilled nursing, maternal/child care, laboratory services, pharmaceutical drugs, emergency services, outpatient clinics, and radiology. Trinity Medical Center admitted 13,248 patients in the fiscal year ending December 31, 2022, resulting in a total of 60,574 patient days. With 331,128 outpatient visits and 9,018 outpatient surgery registrations, the center also treated 77,763 patients in the emergency room and delivered 1,888 babies during this period.


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Who is the CEO of Trinity Medical Center?

Richard Seidler To 519 is the CEO of Trinity Medical Center The CEO's salary of Trinity Medical Center is $369,890 and their total compensation is $369,890.


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What is the revenue of Trinity Medical Center?

Trinity Medical Center's revenue in 2023 was $436,923,038.


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Who are the executives of Trinity Medical Center and what are their salaries?

The average compensation at Trinity Medical Center during 2023 was $62,362. There are 2712 employees and 233 volunteers at Trinity Medical Center.

Here are 28 key members and their salaries (Trinity Medical Center's CEO's salary is $369,890 and their total compensation is $369,890):


Gregorio Aguilar (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Arvanitis Md (Board Member)
  • Compensation: $0
  • Related: $627,581
  • Other: $20,402
Costas Constantinou (Board Member)
  • Compensation: $0
  • Related: $935,339
  • Other: $41,564
Nathan Durick Md (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Erickson To 823 (Board Member/President/Ceo)
  • Compensation: $1,395,743
  • Related: $0
  • Other: $46,747
Debbie Freiburg (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Maxeiner Phd (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Mccraw (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawn Morrow Fr 1023 (Board Member/Market Pres)
  • Compensation: $137,609
  • Related: $0
  • Other: $17,955
Heidi Parkhurst (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Stein (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana Wilkinson (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katherine Marchik (Sr Vp Finance/Cfo)
  • Compensation: $429,153
  • Related: $0
  • Other: $101,132
Jane Denten (Chief Nursing Officer)
  • Compensation: $298,221
  • Related: $0
  • Other: $11,904
Dennis Duke (President Ryc)
  • Compensation: $284,211
  • Related: $0
  • Other: $46,947
Shawn Keeven Md (Emergency Physician)
  • Compensation: $0
  • Related: $591,677
  • Other: $43,756
Kevin Kurth Md (Medical Director-Er/Trauma)
  • Compensation: $562,166
  • Related: $0
  • Other: $43,570
Toyosi Olutade Md (Chief Medical Officer)
  • Compensation: $809,464
  • Related: $25,334
  • Other: $42,798
Katherine Pearson (Sr Vp/Chief Strategy Officer)
  • Compensation: $391,725
  • Related: $0
  • Other: $82,606
Barbara Weber (Chief Operating Officer)
  • Compensation: $463,786
  • Related: $0
  • Other: $51,701
Matthew Hanson Md (Emergency Physician)
  • Compensation: $598,327
  • Related: $0
  • Other: $29,065
William Rogers Iii Md (Emergency Physician)
  • Compensation: $601,136
  • Related: $0
  • Other: $43,403
Zachary Rasmussen Md (Emergency Physician)
  • Compensation: $631,210
  • Related: $0
  • Other: $42,049
Elizabeth Schupp Md (Pulmologist)
  • Compensation: $616,646
  • Related: $0
  • Other: $17,819
Rhonda Sowards Md (Emergency Physician)
  • Compensation: $751,418
  • Related: $0
  • Other: $41,797
Richard Seidler To 519 (Former Bd Member/President/Ceo)
  • Compensation: $369,890
  • Related: $0
  • Other: $0
John Sheehan To 919 (Former Bd Member/Interim Pres/Ceo)
  • Compensation: $0
  • Related: $489,785
  • Other: $4,437
Matthew Behrens To 919 (Reg Vp/Clinic Ops)
  • Compensation: $0
  • Related: $288,898
  • Other: $24,405


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Where can I find the form 990 for Trinity Medical Center?

Trinity Medical Center's most recent form 990 was submitted in 2023 and can be accessed here.


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Mission Statement of Trinity Medical Center

Trinity Medical Center, a crucial component of the healthcare delivery system, is dedicated to improving the health and wellbeing of the people and communities it serves. This mission-driven institution offers a broad range of medical services, catering to individuals with varying health complexities. Regardless of race, creed, sex, nationality, disability, age, or ability to pay, Trinity Medical Center extends quality healthcare to all.

The comprehensive services provided by Trinity Medical Center include acute care, surgeries, intensive care and critical care, cardiology, oncology, rehabilitation, skilled nursing, maternal/child care, laboratory, pharmaceutical drugs, emergency services, outpatient clinics, and radiology. Some of these services do not generate enough revenue to cover their costs. In the fiscal year 2022, Trinity Medical Center admitted 13,248 patients, accounting for 60,574 patient days. Outpatient visits totaled 331,128, and there were 9,018 outpatient surgery registrations. Additionally, the center recorded 77,763 emergency room visits and delivered 1,888 babies.

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Impact




October, 2024

Trinity Medical Center plays a vital role in enhancing the health and well-being of the Quad Cities communities by providing comprehensive healthcare services. It offers a wide range of inpatient and outpatient medical treatments for various diseases, illnesses, and injuries, ensuring that individuals receive the necessary care to improve their quality of life.

The center is equipped to handle complex medical cases, providing essential services such as general acute care, surgeries, intensive care, cardiology, oncology, rehabilitation, maternal and child care, and emergency services. In the fiscal year ending December 31, 2022, Trinity Medical Center admitted over 13,000 patients, facilitated more than 330,000 outpatient visits, and conducted nearly 10,000 outpatient surgeries. Additionally, it responded to more than 77,000 emergency room visits and delivered nearly 1,900 babies, reflecting its commitment to addressing the diverse health needs of the community.

Trinity Medical Center is dedicated to equitable healthcare access, offering services to all individuals regardless of race, creed, sex, nationality, handicap, age, or ability to pay. This commitment ensures that even those services that do not fully cover their costs are provided, reinforcing the hospital's mission to be a cornerstone of community health. Through these efforts, Trinity Medical Center significantly contributes to improving public health standards and enhancing the overall quality of life for the residents of Rock Island and beyond.




This information is meant to be a general summary of Trinity Medical Center. 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.

Revenue
$436,923,038 (2023)
Expenses
$467,845,804 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $4,026,637
  • Program Service Revenue: $430,556,202
  • Gross Receipts: $486,117,029

Assets and Liabilities:

  • Total Assets: $487,718,585
  • Total Liabilities: $263,840,075
  • Net Assets: $223,878,510

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

NET PATIENT REVENUE

Revenue

$427,801,594

RENTAL INCOME

Revenue

$2,317,788

LABORATORY SERVICES

Revenue

$736,064

MGMT & SUPPORT SVCS

Revenue

$488,403

PUBLIC HEALTH PROGRAMS

Revenue

$2,300

Organization Details

Founding Year

1969

Principal Officer

Shawn Morrow

NTEE Category

Code: E220 - Health

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