Blessing Corporate Services Inc
86% goes to programs $0 to raise $100 Thin reserves Declining revenue
Blessing Corporate Services Inc is a 501(c)(3) organization based in Quincy, Illinois, registered in 1982, with $23,275,169 in FY2023 revenue. CharityIndex grades it C+, and it directs about 86% of spending to programs.
Po Box 7005, Quincy, IL, 62305 EIN 37-1128706 Since 1982
Revenue (FY2023)
$23.3M
▼ 60.3% vs prior year
Health median: $840K
Expenses (FY2023)
$27.3M
Net assets
-$4.3M
Employees
348
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →C+Program efficiency40% of the rating86% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Blessing Corporate Services Inc: 86% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · -17% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Blessing Corporate Services Inc: 0 mo reserves · -17% margin earns a D on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Blessing Corporate Services Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Blessing Corporate Services Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
The purpose of blessing corporate services, inc. is to develop expanded health care services to its regional marketplace. blessing corporate services, inc. is the parent company to all organizations within the blessing health system.
What they do
Management services - the organization provides management services to its following tax exempt subsidiaries: blessing hospital, the blessing foundation, inc., and blessingcare corporation dba illini community hospital. it also provides management services to its taxable subsidiaries: denman services,inc., chs holding company, blessing assurance company, and crossriver quality health partners. management services provided include strategic and business development, engineering and facility development, capital and information technology development, physician practice operations, and corporate compliance.
Crossriver quality health partners is a clinically integrated network of regional physicians dedicated to enhancing care quality.
Contact & location
- Address
- Po Box 7005, Quincy, IL, 62305
- City
- Quincy
- State
- Illinois
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $49.2M (FY2013) to $23.3M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $30.8MNet assets -$4.3M
Operating margin
-17.1%
Spent more than it raised in the latest fiscal year.
Total assets
$26.5M
Total liabilities
$30.8M
Net assets
-$4.3M
Salaries & benefits
$17.9M
65% of expenses
Board members
11
10 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $23,275,169▼60.3% | $27,264,027▼57.8% | -$4,309,000▼95.1% | $26,492,120▲6.3% | 990 |
| 2022 | $58,593,670▼56.4% | $64,561,536▼47.0% | -$2,208,093▼107% | $24,921,513▼57.2% | 990 |
| 2021 | $134,447,585▼10.1% | $121,700,443▼11.6% | $31,037,455▼20.4% | $58,294,053▼26.6% | 990 |
| 2020 | $149,591,976▲17.3% | $137,702,822▲17.3% | $38,976,427▲9.6% | $79,435,059▲1.0% | 990 |
| 2019 | $127,498,779▲14.2% | $117,421,221▲15.0% | $35,567,064▲12.2% | $78,627,980▲7.8% | 990 |
| 2018 | $111,625,628▲15.7% | $102,114,333▲14.0% | $31,688,143▲4.6% | $72,949,627▲6.6% | 990 |
| 2017 | $96,453,128▲2.7% | $89,578,566▲11.0% | $30,307,521▲31.2% | $68,452,908▲89.0% | 990 |
| 2016 | $93,942,767▲4.9% | $80,675,584▼7.0% | $23,106,173▲124% | $36,223,788▲61.5% | 990 |
| 2015 | $89,575,637▲27.4% | $86,770,568▲24.4% | $10,324,975▲37.3% | $22,425,974▲21.8% | 990 |
| 2014 | $70,326,507▲43.0% | $69,764,221▲40.1% | $7,519,906▲8.1% | $18,419,587▲22.1% | 990 |
| 2013 | $49,171,884 | $49,778,706▲16.1% | $6,957,620▼8.0% | $15,082,501▼3.7% | 990 |
| 2012 | — | $42,890,629▲6.9% | $7,564,442▲3.4% | $15,665,556▲26.6% | 990 |
| 2011 | — | $40,104,475▲3.3% | $7,316,833▲2.1% | $12,372,851▲10.5% | 990 |
| 2010 | — | $38,820,970▲12.1% | $7,163,731▼9.7% | $11,201,969▼2.9% | 990 |
| 2009 | — | $34,627,110 | $7,930,638 | $11,538,909 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Maureen Kahn Retired 72023 — $1,399,070 (5.13% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Maureen Kahn Retired 72023 | Former Presi | 0 | $1,399,070 |
| Brian T Canfield | Pres/ceo Bcs | 40 | $976,127 |
| Patrick M Gerveler | Treasurer & | 40 | $831,554 |
| Diane G Jacoby | Secretary | 40 | $477,039 |
| Michelle Zech | Chief Human | 40 | $420,077 |
| Lea Ann Eickelschulte | Chf Informat | 40 | $393,026 |
| Justin R Hale | Vp Finance | 40 | $316,706 |
| Kathleen E Hull Retired 122022 | Chf Rural Ho | 0 | $296,257 |
| Julie A Duke | Chief Rev Cy | 40 | $263,205 |
| Holly A Jones | Vp/admin-ill | 40 | $259,093 |
| Dr Jerry D Kennett Termed 1023 | Trustee | 1 | $8,750 |
| Christopher J Niemann | Former Vice- | 1 | — |
| Gary E Gillespie | Vice-chair | 1 | — |
| Jack R Sharkey | Trustee | 1 | — |
| Julie Ann Brink | Trustee | 1 | — |
| Lynn Prothro House | Trustee | 1 | — |
| Mark Baumann | Trustee | 1 | — |
| Sayeed Ali | Trustee | 1 | — |
| Timothy D Koontz | Chair | 1 | — |
| William Bill Metzinger | Trustee | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Specialists In Medical Imaging Sc | Radiology Svcs. | $3,648,321 |
| Advance Physical Therapy | Physical Therap | $284,431 |
| Arentfox Schiff LLP | Legal Services | $264,992 |
| Seyfarth Shaw LLP | Legal Services | $264,707 |
| Advis Group | Consulting | $161,214 |
Grants made · $140K in FY2022
1 grant totaling $140K in FY2022. All grants made by Blessing Corporate Services Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Southern Illinois University- Carbondale | Academic grant | $140,228 |
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Frequently asked questions
- Is Blessing Corporate Services Inc a legitimate nonprofit?
- Yes. Blessing Corporate Services Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 37-1128706, based in Quincy, Illinois. Donations are tax-deductible.
- What is Blessing Corporate Services Inc's EIN?
- Blessing Corporate Services Inc's Employer Identification Number (EIN) is 37-1128706.
- How much revenue does Blessing Corporate Services Inc report?
- Blessing Corporate Services Inc reported $23,275,169 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Blessing Corporate Services Inc's spending goes to programs?
- Blessing Corporate Services Inc spends about 86% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Blessing Corporate Services Inc have?
- CharityIndex grades Blessing Corporate Services Inc C+, based on program efficiency and fundraising cost.
- How much does Blessing Corporate Services Inc's highest-paid employee make?
- The highest reported compensation on Blessing Corporate Services Inc's latest Form 990 is $1,399,070, paid to Maureen Kahn Retired 72023 (Former Presi).
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Data for Blessing Corporate Services Inc (EIN 37-1128706) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.