Overview
What is Osf Healthcare System?
OSF Healthcare System is a nonprofit organization rooted in the values of compassion and care, serving communities in central and northern Illinois and Michigan. With 15 hospitals, 8 home health agencies, 8 hospices, and approximately 1,159 physicians, they offer a comprehensive range of healthcare services. Their 21,684 employees serve all individuals, regardless of ability to pay or other factors, abiding by their mission to serve with love and dedication. OSF Healthcare operates 13 acute care hospitals, including three providing open heart surgery, two offering level II neonatal services, one providing level III neonatal services, and one with kidney and pancreas organ transplant services. The system also boasts comprehensive cardiac and stroke care networks and the only comprehensive children's hospital in central Illinois.
Official website here: www.osfhealthcare.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 95% - Four-Star out of Four Star rating
Osf Healthcare System has achieved an impressive Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial health. The overall score emphasizes the charity's commitment to transparency and responsible management, with a perfect Accountability & Finance score of 95. This indicates that the organization effectively manages its resources and maintains strong oversight.
The organization is particularly strong in governance, with 63% of its board members being independent, which enhances oversight and reduces potential conflicts of interest. Additionally, it has comprehensive policies in place, including conflict of interest, whistleblower, and document retention policies, all of which contribute to its robust accountability framework. The financial metrics, such as a program expense ratio of 80.78%, suggest that a significant portion of its funds is directed toward its programs, benefiting the community.
While the organization demonstrates strong financial health and governance, it is always advisable for stakeholders to stay informed about ongoing initiatives and programs. Overall, Osf Healthcare System stands out as a reliable nonprofit with a solid commitment to its mission and effective resource management.
This AI summary has been generated from information found on Charity Navigator.
Is Osf Healthcare System legitimate?
Osf Healthcare System is a legitimate nonprofit organization registered as a 501(c)(3) entity. Osf Healthcare System 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: $23,650,967
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,027,377,357
For more financial information, click here
Official website here: www.osfhealthcare.org
What is the mission statement of Osf Healthcare System?
In line with the spirit of Christ and Francis of Assisi, OSF Healthcare System is committed to providing compassionate care and love to all patients. Operating 15 hospitals, 8 home health agencies, 8 hospices, and employing approximately 1,159 physicians, OSF Healthcare System is a Catholic integrated healthcare delivery system. Regardless of race, religion, age, sex, national origin, payer source, or ability to pay, all patients are welcomed and served by the organization's facilities, services, physicians, and staff. The Board of Directors has established financial assistance policies and procedures for all facilities and services, which are communicated to patients via various means, including financial counselors, patient information brochures, and patient billings. Financial assistance applications and instructions are available on the corporation's websites and can be requested from any of its facilities or offices.
Official website here: www.osfhealthcare.org
Who is the CEO of Osf Healthcare System?
Unavailable The CEO's salary of Osf Healthcare System is $562,037 and their total compensation is $602,893.
Official website here: www.osfhealthcare.org
What is the revenue of Osf Healthcare System?
Osf Healthcare System's revenue in 2022 was $3,195,700,977.
Official website here: www.osfhealthcare.org
Who are the executives of Osf Healthcare System and what are their salaries?
The average compensation at Osf Healthcare System during 2022 was $48,470. There are 21684 employees and 1029 volunteers at Osf Healthcare System.
Here are 48 key members and their salaries (Osf Healthcare System's CEO's salary is $562,037 and their total compensation is $602,893):
- Compensation: $2,650,545
- Related: $0
- Other: $42,606
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $45,000
- Related: $0
- Other: $0
- Compensation: $30,700
- Related: $152,878
- Other: $29,878
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $562,037
- Related: $0
- Other: $40,856
- Compensation: $473,668
- Related: $0
- Other: $44,167
- Compensation: $772,415
- Related: $0
- Other: $50,315
- Compensation: $713,662
- Related: $0
- Other: $47,689
- Compensation: $614,445
- Related: $0
- Other: $46,225
- Compensation: $0
- Related: $399,396
- Other: $38,232
- Compensation: $349,542
- Related: $0
- Other: $35,713
- Compensation: $989,677
- Related: $0
- Other: $48,832
- Compensation: $547,842
- Related: $0
- Other: $37,511
- Compensation: $351,552
- Related: $0
- Other: $40,237
- Compensation: $0
- Related: $942,742
- Other: $40,704
- Compensation: $337,803
- Related: $0
- Other: $16,128
- Compensation: $433,915
- Related: $0
- Other: $42,434
- Compensation: $510,038
- Related: $0
- Other: $28,658
- Compensation: $226,816
- Related: $0
- Other: $34,247
- Compensation: $720,064
- Related: $0
- Other: $25,269
- Compensation: $377,167
- Related: $0
- Other: $29,413
- Compensation: $673,410
- Related: $0
- Other: $24,691
- Compensation: $486,071
- Related: $0
- Other: $40,570
- Compensation: $1,119,188
- Related: $0
- Other: $48,596
- Compensation: $340,691
- Related: $0
- Other: $30,146
- Compensation: $1,112,574
- Related: $0
- Other: $42,879
- Compensation: $906,223
- Related: $0
- Other: $35,892
- Compensation: $156,173
- Related: $0
- Other: $15,096
- Compensation: $595,645
- Related: $0
- Other: $41,762
- Compensation: $853,298
- Related: $0
- Other: $43,644
- Compensation: $729,059
- Related: $0
- Other: $34,907
- Compensation: $862,096
- Related: $0
- Other: $36,626
- Compensation: $680,825
- Related: $0
- Other: $29,894
- Compensation: $268,708
- Related: $0
- Other: $24,519
- Compensation: $1,065,555
- Related: $0
- Other: $50,320
- Compensation: $604,139
- Related: $0
- Other: $42,145
- Compensation: $932,914
- Related: $0
- Other: $44,490
- Compensation: $791,127
- Related: $0
- Other: $40,270
- Compensation: $1,058,239
- Related: $0
- Other: $36,676
- Compensation: $772,279
- Related: $0
- Other: $47,408
- Compensation: $802,201
- Related: $0
- Other: $41,179
Official website here: www.osfhealthcare.org
Where can I find the form 990 for Osf Healthcare System?
Osf Healthcare System's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.osfhealthcare.org
Learn more at the official website: www.osfhealthcare.org
Mission Statement of Osf Healthcare System
OSF Healthcare System, a Catholic integrated healthcare delivery system, is dedicated to serving all individuals with the utmost care and love. In accordance with the spirit of Christ and the example of Francis of Assisi, the mission of OSF Healthcare is brought to life through its 15 hospitals, 8 home health agencies, 8 hospices, and approximately 1,159 employed physicians. This organization accepts patients regardless of their ability to pay, ensuring equal access to healthcare for all.
OSF Healthcare System's commitment to serving all patients extends beyond financial considerations. The organization does not discriminate based on race, religion, age, sex, national origin, payer source, or inability to pay. The Board of Directors has adopted financial assistance policies and procedures to provide aid to those in need. These policies and procedures are communicated to patients through various channels including financial counselors, patient information brochures, and notices on patient billings. Financial assistance applications and instructions are available on the corporation's websites and upon request to any of its facilities or offices.
OSF Healthcare System's unwavering dedication to compassionate care is reflected in its day-to-day operations. In every interaction with patients, the organization embodies the values of care, love, and inclusivity. By adhering to its mission, OSF Healthcare System continues to make a difference in the lives of countless individuals, offering them the opportunity to receive the healthcare they need to thrive.
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Impact
October, 2024
OSF Healthcare System significantly impacts the communities it serves through a comprehensive range of medical services and a strong commitment to patient care. With 15 hospitals and over 1,900 inpatient beds across multiple locations in Illinois and Michigan, OSF Healthcare addresses the healthcare needs of a large population, ensuring accessible health services, including critical access hospitals for underserved areas.
The organization boasts a wide spectrum of inpatient services, including open-heart surgery, neonatal care, and organ transplants, making it a vital healthcare resource in central and northern Illinois. It also operates the only comprehensive children's hospital in central Illinois, underscoring its commitment to specialized pediatric care.
With a mission deeply rooted in compassion and the promotion of life, OSF Healthcare serves all patients without discrimination, regardless of race, religion, or financial means. The system has established financial assistance policies to support those in need, fostering an inclusive approach to healthcare.
Furthermore, OSF operates eight home health agencies and eight hospices, extending its services beyond hospital walls to provide holistic care in various settings. This integrated approach enhances patient care continuity and promotes community well-being.
Overall, OSF Healthcare System's extensive network, diverse services, and dedication to equitable care highlight its critical role in enhancing health outcomes and improving the quality of life for individuals and families in its service area.
This information is meant to be a general summary of Osf Healthcare System. 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: $84,006,988
- Program Service Revenue: $2,973,514,296
- Gross Receipts: $3,206,955,870
Assets and Liabilities:
- Total Assets: $5,108,469,746
- Total Liabilities: $2,888,643,077
- Net Assets: $2,219,826,669
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Net Patient Service Revenue
Revenue
$2,963,982,157
Lab
Revenue
$8,584,362
Consulting Revenue
Revenue
$907,406
Interest on Notes Receivable
Revenue
$40,371
Organization Details
Founding Year
1880
Phone
(309) 655-2850Main Address
124 SW Adams St, Peoria, IL, 61602
Website
www.osfhealthcare.orgNTEE Category
Code: E220 - Health
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