Faith Regional Health Services
90% goes to programs $21 to raise $100 Strong reserves
Faith Regional Health Services is a 501(c)(3) organization based in Norfolk, Nebraska, registered in 1996, with $288,607,597 in FY2024 revenue. CharityIndex grades it A, and it directs about 90% of spending to programs.
2700 W Norfolk Ave, Norfolk, NE, 68701 EIN 47-0796875 Since 1996
Revenue (FY2024)
$288.6M
▲ 4.8% vs prior year
Health median: $840K
Expenses (FY2024)
$280.4M
Net assets
$180.6M
Employees
1,778
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating90% to programs · $21 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 Faith Regional Health Services: 90% to programs · $21 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating8 mo reserves · +3% 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 Faith Regional Health Services: 8 mo reserves · +3% margin earns a A 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 Faith Regional Health Services: 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 Faith Regional Health Services: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To provide acute, skilled and outpatient services to individuals in our service area.
What they do
Many services provided by faith regional are done to meet specific needs of the community because no other services are available. as a result, these services are provided knowing that they will not be financially viable or self-supporting. these services include behavioral health inpatient and outpatient services, child advocacy, diabetic education, dialysis services, acute rehabilitative services, home health care and transitional care (long-term rehabilitation) services.
A substantial portion of community benefits provided by faith regional is the provision of patient care services that are not paid for either by the patient or third party insurance. during the year, faith provided over one million dollars in assistance with paying their hospital bills.
Contact & location
- Address
- 2700 W Norfolk Ave, Norfolk, NE, 68701
- City
- Norfolk
- State
- Nebraska
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $168.9M (FY2013) to $288.6M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $95.9MNet assets $180.6M
Operating margin
2.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$276.5M
Total liabilities
$95.9M
Net assets
$180.6M
Salaries & benefits
$161.5M
58% of expenses
Board members
15
11 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $288,607,597▲4.8% | $280,382,400▲2.9% | $180,630,935▲6.9% | $276,486,027▲3.6% | 990 |
| 2023 | $275,348,819▲3.3% | $272,415,264▲2.4% | $168,949,361▲3.3% | $266,969,721▲1.6% | 990 |
| 2022 | $266,455,925▼11.2% | $266,074,005▼8.9% | $163,593,806▼2.5% | $262,709,523▼8.3% | 990 |
| 2021 | $300,223,612▲13.1% | $291,916,504▲14.7% | $167,749,216▲6.3% | $286,490,479▼1.0% | 990 |
| 2020 | $265,417,145▲7.2% | $254,595,419▲5.8% | $157,742,644▲8.7% | $289,281,023▲12.2% | 990 |
| 2019 | $247,615,315▲11.4% | $240,669,016▲8.6% | $145,129,527▲6.0% | $257,787,845▲4.1% | 990 |
| 2018 | $222,321,446▲0.8% | $221,561,977▲5.2% | $136,976,753 | $247,593,532▲14.0% | 990 |
| 2017 | $220,463,370▲5.1% | $210,525,781▲4.9% | $136,992,617▲5.3% | $217,115,303▲0.6% | 990 |
| 2016 | $209,743,085▲2.9% | $200,624,074▲7.0% | $130,041,369▲7.7% | $215,871,179▲1.5% | 990 |
| 2015 | $203,847,129▲9.8% | $187,547,071▲6.8% | $120,711,239▲15.2% | $212,674,547▲5.3% | 990 |
| 2014 | $185,583,046▲9.9% | $175,610,556▲7.9% | $104,806,779▲10.9% | $201,880,361▲3.4% | 990 |
| 2013 | $168,917,217 | $162,806,335▲3.3% | $94,520,220▲7.1% | $195,218,341▲3.3% | 990 |
| 2012 | — | $157,529,775▲7.5% | $88,280,776▲3.0% | $188,970,154▲0.5% | 990 |
| 2011 | — | $146,530,593▲6.3% | $85,690,533▲6.3% | $188,031,415▲1.2% | 990 |
| 2010 | — | $137,858,471 | $80,616,733 | $185,782,930 | 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 (FY2024)
Highest-paid: Fadi Rzouq Md — $4,926,180 (1.76% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Fadi Rzouq Md | Physician | 40 | $4,926,180 |
| Tristan L Hartzell Md | Physician | 40 | $3,803,189 |
| John Lammli Md | Physician | 40 | $1,680,523 |
| Beethoven Brown Md | Physician | 40 | $1,138,684 |
| Nathan Herman Md | Physician | 40 | $975,354 |
| Kelly Driscoll | Ceo | 40 | $791,760 |
| Maryann Hartzell Md | Member - Chief of Staff | 40 | $584,556 |
| Lane Handke Md | Member - Medical Director | 40 | $510,212 |
| Janna Cline | Vp Finance Thru 4/24 | 40 | $159,578 |
| Brenda Baker | Vp Finance | 40 | $117,628 |
| Brad Dinkel | Treasurer | 1.5 | — |
| Brett Jackson | Chair | 1.5 | — |
| Diane Becker | Member | 1 | — |
| Jacque Collison | Member | 1 | — |
| John Robertson | Vice Chair | 1.5 | — |
| Josh Gossman | Member | 1 | — |
| Leon Rosenthal | Member | 1 | — |
| Preston Sunderman | Member | 1 | — |
| Regina Busboom | Member | 1 | — |
| Stef Lacey Md | Member | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Pathology Medical Service | Lab Services | $669,835 |
| Sanderling Renal Services | Renal Dialysis Services | $415,075 |
| Sioux City Night Patrol | Security Services | $358,134 |
| Eide Bailly LLP | Accounting Services | $255,361 |
| Virtual Radiology Corporation | Radiology Services | $166,590 |
Grants received · $202K total
7 grants to Faith Regional Health Services totaling $202K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Heart Association Inc | Stroke programs | 2021 | $24,000 |
| Nebraska Community Foundation | General support | 2021 | $8,000 |
| American Heart Association Inc | Stroke programs | 2020 | $16,140 |
| American Heart Association Inc | Stroke programs | 2019 | $19,415 |
| American Heart Association Inc | Equipment upgrade | 2018 | $23,880 |
| American Heart Association Inc | Emergency equipment upgrade | 2015 | $28,900 |
| American Heart Association Inc | Emergency equipment upgrade | 2014 | $81,300 |
Grants made · $119K in FY2024
3 grants totaling $119K in FY2024. All grants made by Faith Regional Health Services →
| Recipient | Purpose | Amount |
|---|---|---|
| Norfolk Area YMCA Endowment | Facility expansion and roundtable event | $105,000 |
| For the Girls | Sponsorships | $7,500 |
| Norfolk Area United Way Inc | Annual giving/capital campaign | $6,000 |
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Compare Faith Regional Health Services
Frequently asked questions
- Is Faith Regional Health Services a legitimate nonprofit?
- Yes. Faith Regional Health Services is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 47-0796875, based in Norfolk, Nebraska. Donations are tax-deductible.
- What is Faith Regional Health Services's EIN?
- Faith Regional Health Services's Employer Identification Number (EIN) is 47-0796875.
- How much revenue does Faith Regional Health Services report?
- Faith Regional Health Services reported $288,607,597 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Faith Regional Health Services's spending goes to programs?
- Faith Regional Health Services spends about 90% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Faith Regional Health Services have?
- CharityIndex grades Faith Regional Health Services A, based on program efficiency and fundraising cost.
- How much does Faith Regional Health Services's highest-paid employee make?
- The highest reported compensation on Faith Regional Health Services's latest Form 990 is $4,926,180, paid to Fadi Rzouq Md (Physician).
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Data for Faith Regional Health Services (EIN 47-0796875) 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.