Skip to content
Nonprofiteer
← HOSPITAL SISTERS HEALTH SYSTEM

Form 990 for tax year 2022

Filed by HOSPITAL SISTERS HEALTH SYSTEM.

Totals

Total revenue
$339,284,535
Total expenses
$308,441,762
Contributions and grants received
$464,381
Grants paid
$0
Program service revenue
$268,609,588
Investment income
$54,021,218
Other revenue
$16,189,348
Total assets, end of year
$382,133,042
Total liabilities, end of year
$58,190,147
Net assets or fund balances, end of year
$323,942,895
Program services expenses (Part IX)
$289,371,518
Management and general expenses
$19,070,244
Fundraising expenses
$0
Program service expenses (Part III)
$289,371,518

Program services were 93.8% 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

    $464,381

  • 2a · Program service revenue: AFFILIATE MGMT FEES

    total $266,798,447 · related or exempt $266,608,115 · unrelated business $190,332

  • 2b · Program service revenue: RQIL FEES

    total $1,407,096 · related or exempt $1,407,096

  • 2c · Program service revenue: OTHER AFFILIATE REVENUE

    total $404,045 · related or exempt $404,045

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $53,381,119 · excluded $53,381,119

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $640,099

  • 7c · Gain or loss

    securities $640,099 · other assets $0

  • 7d · Net gain or loss

    total $640,099 · excluded $640,099

  • 11a · Other revenue: ADMINISTRATIVE REVENUE

    total $9,162,937 · related or exempt $8,979,698 · unrelated business $183,239

  • 11b · Other revenue: HEALTH CARE PLAN

    total $6,943,598 · related or exempt $6,943,598

  • 11c · Other revenue: FLEX PLAN

    total $82,813 · related or exempt $82,813

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $16,189,348

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $3,952,010 · program services $3,556,809 · management and general $395,201

  • 7 · Other salaries and wages

    total $121,407,824 · program services $109,267,042 · management and general $12,140,782

  • 8 · Pension plan contributions

    total $9,516,070 · program services $8,991,312 · management and general $524,758

  • 9 · Other employee benefits

    total $26,834,156 · program services $24,900,629 · management and general $1,933,527

  • 10 · Payroll taxes

    total $8,851,362 · program services $8,267,878 · management and general $583,484

  • 11b · Fees: legal

    total $1,813,487 · program services $1,632,138 · management and general $181,349

  • 11c · Fees: accounting

    total $1,071,304 · program services $964,174 · management and general $107,130

  • 11d · Fees: lobbying

    total $228,164 · program services $205,348 · management and general $22,816

  • 11f · Fees: investment management

    total $316,507 · program services $284,856 · management and general $31,651

  • 11g · Fees: other

    total $32,301,748 · program services $31,418,143 · management and general $883,605 · fundraising $0

  • 12 · Advertising and promotion

    total $599,024 · program services $539,121 · management and general $59,903

  • 13 · Office expenses

    total $5,582,325 · program services $5,411,622 · management and general $170,703

  • 14 · Information technology

    total $51,158,660 · program services $50,127,245 · management and general $1,031,415

  • 16 · Occupancy

    total $3,755,111 · program services $3,610,579 · management and general $144,532

  • 17 · Travel

    total $491,357 · program services $466,737 · management and general $24,620

  • 19 · Conferences, conventions and meetings

    total $930,434 · program services $868,250 · management and general $62,184

  • 20 · Interest

    total $353,179 · program services $352,159 · management and general $1,020

  • 22 · Depreciation, depletion and amortization

    total $28,262,163 · program services $28,133,628 · management and general $128,535

  • 23 · Insurance

    total $3,203,206 · program services $2,950,913 · management and general $252,293

  • 24a · Other expenses: Recruiting

    total $1,259,478 · program services $1,133,530 · management and general $125,948

  • 24b · Other expenses: Dues and Memberships

    total $460,924 · program services $420,511 · management and general $40,413

  • 24c · Other expenses: Licenses and taxes

    total $711,582 · program services $640,424 · management and general $71,158

  • 24d · Other expenses: Equip. rental and maintenance

    total $257,507 · program services $234,788 · management and general $22,719

  • 24e · All other expenses

    total $5,124,180 · program services $4,993,682 · management and general $130,498 · fundraising $0

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $9,206,963 · end of year $10,449,544

  • 4 · Accounts receivable

    beginning of year $3,098,150 · end of year $7,496,653

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $556,638 · end of year $253,328

  • 9 · Prepaid expenses and deferred charges

    beginning of year $15,116,424 · end of year $17,338,178

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

    $418,620,537

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

    $305,925,795

  • 10c · Land, buildings and equipment, net

    beginning of year $124,936,459 · end of year $112,694,742

  • 11 · Investments: publicly traded securities

    beginning of year $148,462,907 · end of year $152,122,803

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $64,425,996 · end of year $71,452,407

  • 15 · Other assets

    beginning of year $12,495,022 · end of year $10,325,387

  • 17 · Accounts payable and accrued expenses

    beginning of year $54,416,340 · end of year $54,429,191

  • 19 · Deferred revenue

    beginning of year -$60,571 · end of year -$66,757

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $26,247,177 · end of year $3,827,713

  • 27 · Net assets without donor restrictions

    beginning of year $297,695,613 · end of year $323,942,895

Mission and programs · 2022

Mission

TO REVEAL AND EMBODY CHRIST'S HEALING LOVE FOR ALL PEOPLE THROUGH A HEALTH CARE MINISTRY BY PROMOTING AND SUPPORTING, DIRECTLY OR INDIRECTLY, BY DONATION, LOAN, OR OTHERWISE, THE INTERESTS AND PURPOSES OF THE HOSPITAL SISTERS OF THE 3RD ORDER OF ST. FRANCIS.

Activities or mission (Part I)

TO PROMOTE AND SUPPORT, DIRECTLY OR INDIRECTLY, BY DONATION, LOAN, OR OTHERWISE, THE INTERESTS AND PURPOSES OF THE HOSPITAL SISTERS OF THE 3RD ORDER OF ST. FRANCIS.

  • HOSPITAL SISTERS HEALTH SYSTEM (HSHS) SERVES AS THE PARENT ORGANIZATION FOR VARIOUS INCORPORATED MINISTRY ORGANIZATIONS WITH THE DESIGNATED MEMBERS OF HSHS BEING HOSPITAL SISTERS MINISTRIES, WHICH CONSISTS OF INDIVIDUALS WHO FROM TIME TO TIME ARE DULY APPOINTED BY THE PROVINCIAL COUNCIL OF THE HOSPITAL SISTERS OF ST. FRANCIS. THE MISSION OF HSHS IS TO PROVIDE A STRUCTURE AND THE MEANS WHEREBY THE HOSPITAL SISTERS CONTINUE THEIR HEALING MINISTRY. HSHS PROVIDES PROFESSIONAL AND TECHNICAL EXPERTISE IN THE MANAGEMENT OF THE AFFILIATED ORGANIZATIONS.

    Expenses $289,371,518 · Revenue $284,425,365

As filed on the 2022 return.

Listed in Part VII

  • Bill Blum

    2022 CHAIR

    Total calculated
    $0
    Hours/week
    1.3 + 0.3 related

  • Damond Boatwright

    PRESIDENT & CEO

    Total calculated
    $1,964,941
    From this org
    $1,693,985
    From related orgs
    $0
    Other
    $270,956
    Hours/week
    58.5 + 1.5 related

    Schedule J breakdown matched by us

    Base
    $1,234,564
    Bonus
    $301,083
    Other
    $158,338
    Deferred
    $255,073
    Nontaxable benefits
    $15,883
    Filer's total
    $1,964,941

  • J Michael Houston

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1.3 + 0.3 related

  • Janice Wiegman PhD

    2022 & 2023 Secretary

    Total calculated
    $0
    Hours/week
    1.3 + 0.3 related

  • William Murray

    Chair (until 10/31/22)

    Total calculated
    $0
    Hours/week
    0

  • Jeff Halloin

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2.3 + 0.3 related

  • John Sheehan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1.3 + 0.3 related

  • Matthew Lambert MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1.3 + 0.3 related

  • Sr Christa Ann Struewing Osf

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1.3 + 0.3 related

  • William S Lyke

    Board Member

    Total calculated
    $0
    Hours/week
    1.3 + 0.3 related

  • Kimberly Hodgkinson

    CFO/Foundation Treasurer

    Total calculated
    $566,249
    From this org
    $508,183
    From related orgs
    $0
    Other
    $58,066
    Hours/week
    52.8 + 7.3 related

    Schedule J breakdown matched by us

    Base
    $338,668
    Bonus
    $40,000
    Other
    $129,515
    Deferred
    $46,924
    Nontaxable benefits
    $11,142
    Filer's total
    $566,249

  • Michael W Cottrell

    CFO (until 7/1/22)

    Total calculated
    $1,009,989
    From this org
    $987,241
    From related orgs
    $0
    Other
    $22,748
    Hours/week
    59.5 + 0.5 related

    Schedule J breakdown matched by us

    Base
    $387,887
    Bonus
    $158,142
    Other
    $441,212
    Deferred
    $4,570
    Nontaxable benefits
    $18,178
    Filer's total
    $1,009,989

  • TODD Smart

    Treasurer

    Total calculated
    $410,831
    From this org
    $329,569
    From related orgs
    $0
    Other
    $81,262
    Hours/week
    54.3 + 5.8 related

    Schedule J breakdown matched by us

    Base
    $267,686
    Bonus
    $38,335
    Other
    $23,548
    Deferred
    $45,254
    Nontaxable benefits
    $36,008
    Filer's total
    $410,831

  • Amy Bulpitt

    SVP - Chief Legal Officer

    Total calculated
    $1,095,127
    From this org
    $1,005,574
    From related orgs
    $0
    Other
    $89,553
    Hours/week
    59 + 1 related

    Schedule J breakdown matched by us

    Base
    $571,980
    Bonus
    $123,250
    Other
    $310,344
    Deferred
    $88,321
    Nontaxable benefits
    $1,232
    Filer's total
    $1,095,127

  • Andrew J Bagnall

    PRESIDENT & Division CEO - Wisconsin (UNTIL 11/1/22)

    Total calculated
    $875,624
    From this org
    $842,889
    From related orgs
    $0
    Other
    $32,735
    Hours/week
    0 + 60 related

    Schedule J breakdown matched by us

    Base
    $416,871
    Bonus
    $146,870
    Other
    $279,148
    Deferred
    $5,318
    Nontaxable benefits
    $27,417
    Filer's total
    $875,624

  • David Beach

    HSHS CHIEF HR OFFICER

    Total calculated
    $946,053
    From this org
    $771,092
    From related orgs
    $0
    Other
    $174,961
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $488,248
    Bonus
    $102,982
    Other
    $179,862
    Deferred
    $148,441
    Nontaxable benefits
    $26,520
    Filer's total
    $946,053

  • Marc Shelton MD

    Vice President & Chief Physician Executive (until 4/3/23)

    Total calculated
    $1,494,059
    From this org
    $1,330,720
    From related orgs
    $0
    Other
    $163,339
    Hours/week
    50 + 10 related

    Schedule J breakdown matched by us

    Base
    $859,848
    Bonus
    $181,018
    Other
    $289,854
    Deferred
    $131,320
    Nontaxable benefits
    $32,019
    Filer's total
    $1,494,059

  • Raymond Gensinger Jr

    CIO (until Jan 2023)

    Total calculated
    $937,755
    From this org
    $751,926
    From related orgs
    $0
    Other
    $185,829
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $508,358
    Bonus
    $88,972
    Other
    $154,596
    Deferred
    $167,751
    Nontaxable benefits
    $18,078
    Filer's total
    $937,755

  • Evert J Kuiper

    Former Division CEO - Illinois (until Jan 2022)

    Total calculated
    $532,473
    From this org
    $526,246
    From related orgs
    $0
    Other
    $6,227
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $51,437
    Bonus
    $0
    Other
    $474,809
    Deferred
    $3,413
    Nontaxable benefits
    $2,814
    Filer's total
    $532,473

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

  • 1a · Tax indemnification and gross-up payments
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 1a Tax indemnification and gross-up payments
DURING THE YEAR, THE FOLLOWING INTERESTED PERSONS RECEIVED A TAX GROSS-UP PAYMENT. THE RELATED AMOUNTS WERE TREATED AS TAXABLE COMPENSATION TO THE RECIPIENT. DAMOND BOATWRIGHT KIMBERLY HODGKINSON
Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
HSHS EXECUTIVES ELIGIBLE TO PARTICIPATE IN SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) ARE DEFINED IN THE SERP PLAN DOCUMENTS. THE SERP WAS ESTABLISHED TO PROVIDE ADDITIONAL RETIREMENT BENEFITS TO ENSURE REASONABLE MARKET COMPETITIVE BENEFITS IN ACCORDANCE WITH THE HSHS EXECUTIVE COMPENSATION PHILOSOPHY ESTABLISHED BY THE HSHS COMPENSATION COMMITTEE. THE PLAN PROVIDES A DEFINED RETIREMENT CONTRIBUTION TO PARTICIPANTS COMMENCING ON JANUARY 1, 2008, EQUAL TO A PERCENTAGE OF COMPENSATION AS DEFINED IN THE SERP PLAN DOCUENTS FOR THE PLAN YEAR. PARTICIPANTS CONSTRUCTIVELY RECEIVE A DISTRIBUTION FROM THE PLAN NO LATER THAN MARCH 15TH OF THE CALENDAR YEAR FOLLOWING THE CALENDAR YEAR IN WHICH AN AMOUNT IS VESTED AND TAXABLE PURSUANT TO A VESTING SCHEDULE AS SPECIFIED IN THE PLAN DOCUMENT. THE ACTUAL DISTRIBUTION OF THE VESTED BENEFIT UNDER THE PLAN IS PAID IN A SINGLE LUMP SUM TO THE PARTICIPANT OR THE PARTICIPANT'S BENEFICIARY UPON THE EARLIER OF THE PARTICIPANT'S TERMINATION OF EMPLOYMENT, DEATH, OR TOTAL AND PERMANENT DISABILITY. THE FOLLOWING INTERESTED PERSONS CONSTRUCTIVELY RECEIVED DEFERRALS TO THE SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) IN 2022 THESE DEFERRALS ARE INCLUDED IN SCHEDULE J, PART II, COLUMN (C). David Beach -- $71,734 Damond Boatwright -- $230,862 Amy Bulpitt -- $83,003 Raymond Gensinger -- $78,229 KIMBERLY HODGKINSON -- $40,920 Marc Shelton -- $126,002 Todd Smart -- $25,135 THE FOLLOWING INTERESTED PERSONS RECEIVED DISTRIBUTIONS FROM THE SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) IN 2022 THESE PAYMENTS ARE INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(III) AND SCHEDULE J, PART II, COLUMN (F), AS APPLICABLE. Andrew Bagnall -- $134,905 David Beach -- $75,132 Amy Bulpitt -- $188,611 Michael Cottrell -- $249,228 Raymond Gensinger -- $102,205 Evert Kuiper -- $196,540 Marc Shelton -- $129,148

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.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • KIARA CLINICAL INTEGRATION NETWORK LLC

    HEALTHCARE · IL · income -$105,950 · assets $447,864

    Directly controlled by HSSI

  • PHYSICIAN CLINICAL INTEGRATION NETWORK LLC

    HEALTHCARE · IL · income $554,315 · assets $15,980,466

    Directly controlled by KCIN

  • HSHS ACO LLC

    HEALTHCARE & SOCIAL ASSISTANCE · IL · income $1,805,698 · assets $3,189,003

    Directly controlled by KCIN

Related partnerships

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

  • SPRINGFIELD URGENT CARE REAL ESTATE LLC

    N/A · RENTAL REAL ESTATE · IL · 0% owned

    Directly controlled by LASANTE INC

  • PRAIRIE HEART INSTITUTE MANAGEMENT COMPANY LLC

    Related · MEDICAL · IL · 100% owned · share of income -$7,032 · share of assets $12,572 · general or managing partner

    Directly controlled by HSHS

  • SOUTHWEST ILLINOIS HEALTH SERVICES REAL ESTATE LLP

    Related · REAL ESTATE · IL · 50% owned · share of income -$126,650 · share of assets $1,434,911

    Directly controlled by St John's

  • REHABILITATION HOSPITAL OF WESTERN WISCONSIN LLC

    Related · Medical · DE · 50% owned · share of income -$80,505 · share of assets $4,187,830

    Directly controlled by HSHS

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • KIARA INC

    C Corporation · HEALTHCARE · IL · 100% owned · share of income $601,904 · share of assets $18,670,450 · controlled entity

    Directly controlled by HSHS

  • LASANTE WISCONSIN INC

    C Corporation · HEALTHCARE · IL · controlled entity

    Directly controlled by KIARA INC

  • LASANTE INC

    C Corporation · HEALTHCARE · IL · controlled entity

    Directly controlled by KIARA INC

  • PREVEA HEALTH SERVICES INC

    C Corporation · HEALTHCARE · WI · 50% owned · share of income -$1,641,640 · share of assets $24,425,128 · controlled entity

    Directly controlled by HSSI

  • PREVEA CLINIC INC

    C Corporation · HEALTHCARE · WI · controlled entity

    Directly controlled by PHSI

  • RENAISSANCE QUALITY INSURANCE LTD

    C Corporation · INSURANCE · CJ · 100% owned · share of income $0 · share of assets $156,895,227 · controlled entity

    Directly controlled by HSSI

  • OJV INC

    C Corporation · HEALTHCARE · IL · controlled entity

    Directly controlled by LASANTE INC

Provenance

Return type
form_990
Tax year
2022
Filed
10 May 2024
IRS schema version
2022v5.0
Source object
202431319349303528

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.