Ferrell Hospital Community Foundation
77% goes to programs $0 to raise $100 Thin reserves Growing revenue
Ferrell Hospital Community Foundation is a 501(c)(3) organization based in Eldorado, Illinois, registered in 2005, with $68,770,063 in FY2024 revenue. CharityIndex grades it B, and it directs about 77% of spending to programs.
1201 Pine St, Eldorado, IL, 62930 EIN 20-1244058 Since 2005
Revenue (FY2024)
$68.8M
▲ 19.0% vs prior year
Health median: $840K
Expenses (FY2024)
$73.4M
Net assets
$5.3M
Employees
423
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
C+Program efficiency40% of the rating77% 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 Ferrell Hospital Community Foundation: 77% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
C+Financial health25% of the rating1 mo reserves · -7% 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 Ferrell Hospital Community Foundation: 1 mo reserves · -7% margin earns a C+ 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 Ferrell Hospital Community Foundation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Ferrell Hospital Community Foundation: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Operate acute care hospital - dedicated to improving the health and quality of life for the people and communities we serve.
Contact & location
- Address
- 1201 Pine St, Eldorado, IL, 62930
- City
- Eldorado
- State
- Illinois
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $18.5M (FY2013) to $68.8M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $51.7MNet assets $5.3M
Operating margin
-6.7%
Spent more than it raised in the latest fiscal year.
Total assets
$57.0M
Total liabilities
$51.7M
Net assets
$5.3M
Salaries & benefits
$30.2M
41% of expenses
Board members
9
8 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $68,770,063▲19.0% | $73,405,573▲26.3% | $5,309,327▼21.5% | $56,996,654▲9.8% | 990 |
| 2023 | $57,777,557▲24.3% | $58,097,242▲21.9% | $6,763,947▼4.5% | $51,917,628▲0.5% | 990 |
| 2022 | $46,498,483▲15.9% | $47,649,963▲20.8% | $7,083,632▼14.0% | $51,664,841▼6.2% | 990 |
| 2021 | $40,112,130▲27.1% | $39,435,409▲33.7% | $8,235,112▲46.1% | $55,088,834▲3.6% | 990 |
| 2020 | $31,549,796▲16.5% | $29,501,035▲8.2% | $5,638,035▲14.7% | $53,152,353▲105% | 990 |
| 2019 | $27,081,019▲13.3% | $27,264,663▲15.1% | $4,913,447▼3.6% | $25,980,464▲97.8% | 990 |
| 2018 | $23,893,377▲10.9% | $23,696,591▲17.6% | $5,097,091▲4.0% | $13,137,845▲24.0% | 990 |
| 2017 | $21,544,007▲2.9% | $20,151,079▲1.6% | $4,900,305▲39.7% | $10,591,604▲3.0% | 990 |
| 2016 | $20,930,772▲10.4% | $19,824,465▲13.2% | $3,507,377▲46.1% | $10,285,037▲26.2% | 990 |
| 2015 | $18,963,614▲11.4% | $17,511,124▲8.0% | $2,401,070▲153% | $8,149,677▲13.8% | 990 |
| 2014 | $17,019,360▼7.9% | $16,215,848▼3.9% | $948,580▲554% | $7,158,746▼2.8% | 990 |
| 2013 | $18,476,388 | $16,873,648▼8.5% | $145,068▲110% | $7,364,276▼2.0% | 990 |
| 2012 | — | $18,448,625▲0.4% | -$1,457,672▼22.5% | $7,516,025▼10.6% | 990 |
| 2011 | — | $18,367,900 | -$1,190,307 | $8,404,222 | 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: Nate Oldham Md — $541,331 (0.74% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Nate Oldham Md | Board Member/physician | 40 | $541,331 |
| Caleb Mitchell Do | Physician | 40 | $474,921 |
| Janna Pathi Md | Surgeon | 30 | $460,997 |
| Joseph A Jackson Md | Physician | 40 | $393,003 |
| Clayton Ford | Physician | 40 | $388,583 |
| David Gunzel | Physician | 40 | $357,466 |
| Caleigh Bruce | Chief Compliance Officer | 40 | $114,453 |
| Austin Rahmoeller | Board Member (term End 06/24)) | 2 | — |
| Ayn Bartok | Board Member | 2 | — |
| Barb Devous | Secretary | 2 | — |
| Clifford Eugene Morris | Chairman | 5 | — |
| Dr James Porter Md | Board Member | 2 | — |
| E T Seely | Vice-chairman | 5 | — |
| Greg Wright | Cfo | 50 | — |
| Jared Florence | Board Member | 2 | — |
| Jeff Campbell | Board Member | 2 | — |
| Nikki Roser | Board Member | 2 | — |
| Rachel Prather | Chief Nursing Officer | 40 | — |
| Tony Keene | Ceo | 50 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Deaconess Hospital | Er Physicians | $2,513,777 |
| Midwest Nursing and Vascular Services | Nursing Services | $1,599,327 |
| Progressive Health of Indiana LLC | Physical and Occupational Therapists | $1,439,624 |
| Eldorado Emergency Group PC | Er Services | $1,361,776 |
| Deaconess Regional Healthcare Services | Er Physicians, Management Fees | $1,184,226 |
Grants received · $10K total
1 grant to Ferrell Hospital Community Foundation totaling $10K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Deaconess Hospital Inc | General support & cancer services expansion | 2021 | $10,000 |
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Frequently asked questions
- Is Ferrell Hospital Community Foundation a legitimate nonprofit?
- Yes. Ferrell Hospital Community Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 20-1244058, based in Eldorado, Illinois. Donations are tax-deductible.
- What is Ferrell Hospital Community Foundation's EIN?
- Ferrell Hospital Community Foundation's Employer Identification Number (EIN) is 20-1244058.
- How much revenue does Ferrell Hospital Community Foundation report?
- Ferrell Hospital Community Foundation reported $68,770,063 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Ferrell Hospital Community Foundation's spending goes to programs?
- Ferrell Hospital Community Foundation spends about 77% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Ferrell Hospital Community Foundation have?
- CharityIndex grades Ferrell Hospital Community Foundation B, based on program efficiency and fundraising cost.
- How much does Ferrell Hospital Community Foundation's highest-paid employee make?
- The highest reported compensation on Ferrell Hospital Community Foundation's latest Form 990 is $541,331, paid to Nate Oldham Md (Board Member/physician).
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Data for Ferrell Hospital Community Foundation (EIN 20-1244058) 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.