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Nonprofiteer
← HOSPITAL & MEDICAL FOUNDATION OF PARIS INC

Form 990 for tax year 2024

Filed by HOSPITAL & MEDICAL FOUNDATION OF PARIS INC.

Totals

Total revenue
$145,713,004
Total expenses
$143,353,037
Contributions and grants received
$3,953,450
Grants paid
$13,517
Program service revenue
$138,912,536
Investment income
$85,432
Other revenue
$2,761,586
Total assets, end of year
$94,862,299
Total liabilities, end of year
$39,379,583
Net assets or fund balances, end of year
$55,482,716
Program services expenses (Part IX)
$120,708,633
Management and general expenses
$22,644,404
Fundraising expenses
$0
Program service expenses (Part III)
$120,708,633

Program services were 84.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $3,920,922

  • 1e · Government grants (contributions)

    $32,528

  • 2a · Program service revenue: NET PATIENT SERVICE REVENUE

    total $137,263,980 · related or exempt $137,263,980

  • 2b · Program service revenue: 340B PHARMACY REVENUE

    total $1,389,614 · related or exempt $1,389,614

  • 2c · Program service revenue: EMS SERVICE REVENUE

    total $189,583 · related or exempt $189,583

  • 2d · Program service revenue: OTHER PHARMACY REVENUE

    total $69,359 · related or exempt $69,359

  • 3 · Investment income

    total $81,302 · excluded $81,302

  • 6a · Gross rents

    real property $154,947

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $154,947

  • 6d · Net rental income or loss

    total $154,947 · excluded $154,947

  • 7a · Gross sales of assets other than inventory

    other assets $14,825

  • 7b · Less cost or other basis and sales expenses

    other assets $10,695

  • 7c · Gain or loss

    other assets $4,130

  • 7d · Net gain or loss

    total $4,130 · excluded $4,130

  • 11a · Other revenue: MEDICAL SERVICES AGREEMENT REVENU

    total $744,034 · related or exempt $744,034

  • 11b · Other revenue: INCENTIVE REVENUE

    total $664,397 · related or exempt $664,397

  • 11c · Other revenue: CAFETERIA REVENUE

    total $230,777 · excluded $230,777

  • 11d · All other revenue

    total $967,431 · related or exempt $875,282 · excluded $92,149

  • 11e · Other revenue, total

    $2,606,639

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $13,517 · program services $13,517

  • 5 · Compensation of officers, directors and key employees

    total $2,320,462 · program services $1,845,739 · management and general $474,723

  • 7 · Other salaries and wages

    total $63,737,466 · program services $50,697,979 · management and general $13,039,487

  • 8 · Pension plan contributions

    total $2,001,274 · program services $1,595,899 · management and general $405,375

  • 9 · Other employee benefits

    total $14,942,448 · program services $11,915,726 · management and general $3,026,722

  • 10 · Payroll taxes

    total $3,532,963 · program services $2,817,331 · management and general $715,632

  • 11a · Fees: management

    total $474,481 · program services $289,620 · management and general $184,861

  • 11b · Fees: legal

    total $121,351 · program services $74,072 · management and general $47,279

  • 11c · Fees: accounting

    total $55,500 · management and general $55,500

  • 11g · Fees: other

    total $18,574,346 · program services $16,346,576 · management and general $2,227,770

  • 12 · Advertising and promotion

    total $762,333 · program services $657,142 · management and general $105,191

  • 13 · Office expenses

    total $5,363,961 · program services $4,858,980 · management and general $504,981

  • 16 · Occupancy

    total $1,466,324 · program services $1,230,279 · management and general $236,045

  • 17 · Travel

    total $468,743 · program services $404,063 · management and general $64,680

  • 20 · Interest

    total $1,593,223 · program services $1,370,171 · management and general $223,052

  • 22 · Depreciation, depletion and amortization

    total $5,909,484 · program services $5,082,156 · management and general $827,328

  • 23 · Insurance

    total $1,623,462 · program services $1,396,177 · management and general $227,285

  • 24a · Other expenses: MEDICAL SUPPLIES AND DR

    total $15,744,363 · program services $15,744,363

  • 24b · Other expenses: PROVIDER TAX

    total $2,076,276 · program services $2,076,276

  • 24c · Other expenses: REPAIRS AND MAINTENANCE

    total $1,608,767 · program services $1,463,055 · management and general $145,712

  • 24d · Other expenses: TAXES AND LICENSES

    total $107,027 · program services $92,259 · management and general $14,768

  • 24e · All other expenses

    total $855,266 · program services $737,253 · management and general $118,013

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $130,797 · end of year $591,498

  • 2 · Savings and temporary cash investments

    beginning of year $1,488,574 · end of year $1,758,942

  • 4 · Accounts receivable

    beginning of year $17,538,907 · end of year $15,294,038

  • 5 · Loans and receivables from officers and key people

    beginning of year $1,592,944 · end of year $1,919,986

  • 7 · Other notes and loans receivable

    beginning of year $21,507 · end of year $12,167

  • 8 · Inventories for sale or use

    beginning of year $3,285,093 · end of year $2,946,947

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,154,422 · end of year $1,791,442

  • 10a · Land, buildings and equipment: cost or other basis

    $120,613,538

  • 10b · Land, buildings and equipment: accumulated depreciation

    $56,276,806

  • 10c · Land, buildings and equipment, net

    beginning of year $60,409,980 · end of year $64,336,732

  • 15 · Other assets

    beginning of year $5,640,594 · end of year $6,210,547

  • 17 · Accounts payable and accrued expenses

    beginning of year $9,279,333 · end of year $11,715,556

  • 19 · Deferred revenue

    beginning of year $106,038 · end of year $94,927

  • 23 · Secured mortgages and notes payable

    beginning of year $25,177,694 · end of year $24,591,197

  • 25 · Other liabilities

    beginning of year $3,577,004 · end of year $2,977,903

  • 27 · Net assets without donor restrictions

    beginning of year $53,122,749 · end of year $55,482,716

Mission and programs · 2024

Mission

TO PROVIDE EXCELLENT PATIENT CARE AND PROMOTE WELLNESS THROUGHOUT OUR COMMUNITIES.

  • OPERATION OF A HOSPITAL AND MEDICAL CLINIC - 3,010 INPATIENT DAYS PLUS EMERGENCY, ANCILLARY, AND OUTPATIENT SERVICES FOR RESIDENTS IN PARIS, EDGAR COUNTY, EAST IL, AND CENTRAL IL.

    Expenses $120,708,633 · Grants $13,517 · Revenue $141,196,249

As filed on the 2024 return.

Listed in Part VII

  • Nolan Longest

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Mary Liz Wright

    VICE CHAIRWOMAN

    Total calculated
    $0
    Hours/week
    1

  • J Renee Craig

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Brian Blair

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • David Frisse

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Scott Hogan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Jaime Houlihan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Darrin Johnson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Amanda Martin

    BOARD MEMBER (BEG 04/24)

    Total calculated
    $0
    Hours/week
    1

  • Dustin Melton

    BOARD MEMBER (BEG 04/24)

    Total calculated
    $0
    Hours/week
    1

  • Dr Reid Sutton

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Dr Rahat Sheikh MD

    BOARD MEMBER/CHIEF MEDICAL STAFF

    Total calculated
    $540,861
    From this org
    $491,407
    From related orgs
    $0
    Other
    $49,454
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $374,167
    Bonus
    $114,048
    Other
    $3,192
    Deferred
    $20,700
    Nontaxable benefits
    $28,754
    Filer's total
    $540,861

  • Bruce Young

    BOARD MEMBER (END 04/24)

    Total calculated
    $0
    Hours/week
    1

  • Janet Clark

    BOARD MEMBER (BEG 04/24)

    Total calculated
    $0
    Hours/week
    1

  • Nora Swalls

    BOARD MEMBER (BEG 04/24)

    Total calculated
    $0
    Hours/week
    1

  • Oliver M Smith

    CEO

    Total calculated
    $500,607
    From this org
    $460,655
    From related orgs
    $0
    Other
    $39,952
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $414,423
    Bonus
    $0
    Other
    $46,232
    Deferred
    $20,700
    Nontaxable benefits
    $19,252
    Filer's total
    $500,607

  • Martin D Adams

    CFO

    Total calculated
    $393,794
    From this org
    $350,941
    From related orgs
    $0
    Other
    $42,853
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $343,176
    Bonus
    $0
    Other
    $7,765
    Deferred
    $20,700
    Nontaxable benefits
    $22,153
    Filer's total
    $393,794

  • Rachel Kelley

    CHIEF NURSING OFFICER

    Total calculated
    $246,817
    From this org
    $221,188
    From related orgs
    $0
    Other
    $25,629
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $213,049
    Bonus
    $0
    Other
    $8,139
    Deferred
    $13,464
    Nontaxable benefits
    $12,165
    Filer's total
    $246,817

  • Kym Pfrank

    COO

    Total calculated
    $274,455
    From this org
    $258,174
    From related orgs
    $0
    Other
    $16,281
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $256,014
    Bonus
    $0
    Other
    $2,160
    Deferred
    $15,510
    Nontaxable benefits
    $771
    Filer's total
    $274,455

  • Lacey Stults

    VP OF CLINIC OPERATIONS

    Total calculated
    $199,318
    From this org
    $187,959
    From related orgs
    $0
    Other
    $11,359
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $178,224
    Bonus
    $0
    Other
    $9,735
    Deferred
    $11,278
    Nontaxable benefits
    $81
    Filer's total
    $199,318

  • Eunice Chaney

    CHIEF RISK AND PRIVACY OFFICER

    Total calculated
    $164,610
    From this org
    $154,803
    From related orgs
    $0
    Other
    $9,807
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $148,967
    Bonus
    $0
    Other
    $5,836
    Deferred
    $9,314
    Nontaxable benefits
    $493
    Filer's total
    $164,610

  • Adam Schneider

    CRNA

    Total calculated
    $874,613
    From this org
    $811,860
    From related orgs
    $0
    Other
    $62,753
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $432,025
    Bonus
    $377,437
    Other
    $2,398
    Deferred
    $20,700
    Nontaxable benefits
    $42,053
    Filer's total
    $874,613

  • Dr John Ventura

    PHYSICIAN

    Total calculated
    $899,457
    From this org
    $878,352
    From related orgs
    $0
    Other
    $21,105
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $769,540
    Bonus
    $106,100
    Other
    $2,712
    Deferred
    $20,700
    Nontaxable benefits
    $405
    Filer's total
    $899,457

  • Dr Jefferey Bollenbacher

    PHYSICIAN

    Total calculated
    $850,198
    From this org
    $800,744
    From related orgs
    $0
    Other
    $49,454
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $797,000
    Bonus
    $0
    Other
    $3,744
    Deferred
    $20,700
    Nontaxable benefits
    $28,754
    Filer's total
    $850,198

  • Dr James Harry Griggs

    PHYSICIAN

    Total calculated
    $770,081
    From this org
    $720,627
    From related orgs
    $0
    Other
    $49,454
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $716,883
    Bonus
    $0
    Other
    $3,744
    Deferred
    $20,700
    Nontaxable benefits
    $28,754
    Filer's total
    $770,081

  • Dr Harish Kempegowda

    PHYSICIAN

    Total calculated
    $934,231
    From this org
    $871,478
    From related orgs
    $0
    Other
    $62,753
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $849,231
    Bonus
    $0
    Other
    $22,247
    Deferred
    $20,700
    Nontaxable benefits
    $42,053
    Filer's total
    $934,231

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 4B
CERTAIN INDIVIDUALS LISTED ON 990, PART VII PARTICIPATED IN A SPLIT DOLLAR LIFE INSURANCE PLAN. PLEASE REFER TO SCHEDULE L FOR PARTICIPANTS, PREMIUMS AND OUTSTANDING LOAN AMOUNTS.
PART I, LINE 7
SOME PROVIDERS' CONTRACTS CONTAIN A PRODUCTIVITY COMPENSATION CLAUSE. IF ELIGIBLE, THE POTENTIAL PRODUCTIVITY PAYMENT IS BASED UPON A CALCULATION THAT INCLUDES A PERCENTAGE OF THE PROVIDERS' PRACTICE PROFESSIONAL SERVICES COLLECTIONS THAT EXCEED A SET AMOUNT.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • TERRE HAUTE SURGICAL CENTER LLC

    RELATED · SURGICAL CARE · IN · 30% owned · share of income -$28,215 · share of assets $228,984

  • ILLINOIS RURAL COMMUNITY CARE ORGANIZATION

    RELATED · HEALTHCARE · IL · 5.56% owned · share of income $88,269 · share of assets $474,963

Provenance

Return type
form_990
Tax year
2024
Filed
6 November 2025
IRS schema version
2024v5.2
Source object
202533119349301503

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