Overview
What is Methodist Medical Center Of Illinois?
Methodist Medical Center of Illinois, located in Peoria, Illinois, is a significant healthcare provider in the community, committed to delivering high-quality healthcare services. With a team of 4,109 employees, the medical center offers a wide range of inpatient and outpatient medical services, treating individuals with various diseases, illnesses, and injuries. The services comprise general acute care, surgeries, mental health care, cardiology, oncology, rehabilitation, and maternal/child care, among others. Methodist Medical Center of Illinois strives to improve patients' health and enhance their quality of life. The center is open to all, regardless of race, creed, sex, nationality, disability, age, or ability to pay for services. In the fiscal year 2022, the medical center admitted 11,447 patients, totaling 65,688 patient days, and recorded 221,587 outpatient visits and 4,006 outpatient surgery registrations. Additionally, there were 32,682 emergency room visits and 1,732 babies delivered. The mission of Methodist Medical Center of Illinois is to consistently deliver exceptional healthcare.
Official website here: www.see schedule o
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star Rating.
Methodist Medical Center of Illinois has achieved a remarkable 97% score, reflecting a strong commitment to accountability and financial transparency. The organization excels in various key areas such as having a majority of independent board members and a robust audit and oversight committee. Their financial management is further demonstrated by a high program expense ratio of 87.44%, indicating that a significant portion of their funds is directed toward their mission-related activities.
The nonprofit's policies, including conflict of interest, whistleblower, and document retention, are well-documented, contributing to its overall governance strength. Furthermore, there are no noted issues with material diversion of assets, which enhances the trust in their financial practices. The publicly accessible financial statements and meeting minutes also demonstrate a commitment to transparency.
However, while the organization's financial health appears solid with a liabilities to assets ratio of 53.63%, which is acceptable but could be monitored for long-term sustainability. Overall, Methodist Medical Center of Illinois stands out for its strong governance and financial integrity, making it a trustworthy option for donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Methodist Medical Center Of Illinois legitimate?
Methodist Medical Center Of Illinois is a legitimate nonprofit organization registered as a 501(c)(3) entity. Methodist Medical Center Of Illinois 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: $4,118,016
Professional Fundraising Fees: $0
Other Salaries and Wages: $235,110,329
For more financial information, click here
Official website here: www.see schedule o
What is the mission statement of Methodist Medical Center Of Illinois?
Methodist Medical Center of Illinois is dedicated to delivering exceptional healthcare services to individuals in need. Regardless of race, creed, sex, nationality, handicap, age, or ability to pay, the center provides a wide range of healthcare offerings. These services encompass inpatient and outpatient medical care, surgeries, mental health care, cardiology, oncology, rehabilitation, skilled nursing, behavioral disorder programs, maternal/child care, laboratory services, palliative care, pharmaceutical drugs, emergency services, outpatient clinics, check-ups, and radiology. Despite some services not generating enough income to cover their costs, the medical center admitted 11,447 patients in the fiscal year ended December 31, 2022, resulting in a total of 65,688 patient days. Outpatient visits totaled 221,587, and 4,006 outpatient surgery registrations were recorded during the same period. Additionally, there were 32,682 emergency room visits and 1,732 babies delivered.
Official website here: www.see schedule o
Who is the CEO of Methodist Medical Center Of Illinois?
Keith Knepp Md is the Board Member/President & Ceo of Methodist Medical Center Of Illinois. The CEO's salary of Methodist Medical Center Of Illinois is $245,432 and their total compensation is $273,239.
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What is the revenue of Methodist Medical Center Of Illinois?
Methodist Medical Center Of Illinois's revenue in 2022 was $472,509,694.
Official website here: www.see schedule o
Who are the executives of Methodist Medical Center Of Illinois and what are their salaries?
The average compensation at Methodist Medical Center Of Illinois during 2022 was $58,221. There are 4109 employees and 167 volunteers at Methodist Medical Center Of Illinois.
Here are 33 key members and their salaries (Methodist Medical Center Of Illinois's CEO's salary is $245,432 and their total compensation is $273,239):
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- Other: $36,579
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- Compensation: $245,432
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- Compensation: $949,772
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- Other: $46,055
Official website here: www.see schedule o
Where can I find the form 990 for Methodist Medical Center Of Illinois?
Methodist Medical Center Of Illinois's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.see schedule o
Learn more at the official website: www.see schedule o
Mission Statement of Methodist Medical Center Of Illinois
Methodist Medical Center of Illinois is a vital component of the healthcare delivery system in the Central Illinois communities. Committed to providing exceptional healthcare services, the medical center prioritizes the wellbeing of patients, regardless of their race, creed, sex, nationality, handicap, age, or ability to compensate for services rendered.
The medical center offers a comprehensive range of inpatient and outpatient medical services, addressing various diseases, illnesses, and injuries with varying complexities. Methodist Medical Center of Illinois strives to improve the health of patients and better their quality of life through its diverse array of services. 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 services provided do not generate enough income to cover their costs.
In the fiscal period ending December 31, 2022, Methodist Medical Center of Illinois admitted 11,447 patients, accounting for a total of 65,688 patient days. The medical center recorded 221,587 outpatient visits and 4,006 outpatient surgery registrations. Additionally, there were 32,682 emergency room visits and 1,732 babies delivered. Despite the vast array of services offered, the medical center remains committed to delivering outstanding healthcare to all individuals in need.
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Impact
October, 2024
Methodist Medical Center of Illinois plays a crucial role in the healthcare landscape of central Illinois. It is dedicated to providing high-quality healthcare services tailored to meet the diverse needs of the community. The center offers a range of inpatient and outpatient medical services to treat various diseases, illnesses, and injuries, ensuring that individuals receive care regardless of their background or financial circumstances.
The impact of Methodist Medical Center is evident in its extensive service provision, which includes general acute care, surgeries, mental health care, cardiology, oncology, rehabilitation, and emergency services. For instance, in the fiscal year ending December 31, 2022, the center admitted 11,447 patients and handled 221,587 outpatient visits, demonstrating its vital role in addressing health needs in the region.
The center's commitment to healthcare accessibility is highlighted by its inclusive approach, providing care without discrimination. The delivery of essential services, including maternal and child care and palliative care, underscores its dedication to improving patient health and enhancing quality of life in the community. Through its comprehensive offerings and community-focused mission, Methodist Medical Center of Illinois significantly contributes to the overall well-being of the population it serves.
This information is meant to be a general summary of Methodist Medical Center Of Illinois. 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 2022.
- Investment Income: $17,643,690
- Program Service Revenue: $422,571,042
- Gross Receipts: $595,311,362
Assets and Liabilities:
- Total Assets: $513,851,785
- Total Liabilities: $269,398,710
- Net Assets: $244,453,075
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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
$381,623,931
LABORATORY SERVICES
Revenue
$12,253,957
PHARMACY REVENUE
Revenue
$11,043,326
EDUCATION & RESEARCH
Revenue
$10,624,046
SUBS & JOINT VENTURES
Revenue
$4,369,267
Organization Details
Founding Year
1898
Phone
(309) 672-5914Principal Officer
Keith Knepp Md
Main Address
221 NE GLEN OAK AVE, PEORIA, IL, 616360002
Website
www.see schedule oNTEE Category
Code: E220 - Health
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