Genesis Health System is a 501(c)(3) organization based in Silvis, Illinois, registered in 1994, with $160,627,002 in FY2023 revenue. CharityIndex grades it A, and it directs about 98% of spending to programs.
Revenue (FY2023)
$160.6M
▲ 7.3% vs prior year
Health median: $840K
Expenses (FY2023)
$170.0M
Net assets
$48.3M
Employees
861
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 Genesis Health System: 98% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
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 Genesis Health System: 3 mo reserves · -6% margin earns a B+ on this criterion. See the exact thresholds →
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 Genesis Health System: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
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 Genesis Health System: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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To provide health care and hospital services
Genesis specialty services operates physician medical practices, convenient care practices, occupational medicine clinic, and provides behavioral health services to the residents of eastern iowa and western illinois.
Illini hospital nursing home (lnh) operated crosstown square. crosstown square is an independent living facility containing 64 rentable apartments and three guest rooms that offers services designed to provide independent living apartments for seniors.
Revenue grew from $82.4M (FY2013) to $160.6M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
-5.8%
Spent more than it raised in the latest fiscal year.
Total assets
$215.4M
Total liabilities
$167.1M
Net assets
$48.3M
Salaries & benefits
$90.2M
53% of expenses
Board members
16
12 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $160,627,002▲7.3% | $170,005,263▲4.3% | $48,308,016▼15.1% | $215,360,392▲49.1% | 990 |
| 2022 | $149,676,915▼2.5% | $162,920,403▲2.7% | $56,874,848▼39.7% | $144,443,750▼1.9% | 990 |
| 2021 | $153,468,218▲7.7% | $158,605,565▲11.4% | $94,305,483▼5.3% | $147,292,721▼5.9% | 990 |
| 2020 | $142,547,294▲33.9% | $142,346,214▲36.8% | $99,532,226▲1.5% | $156,568,342▲4.9% | 990 |
| 2019 | $106,424,215▲9.2% | $104,058,994▲13.2% | $98,061,503▲2.5% | $149,319,694▲35.8% | 990 |
| 2018 | $97,442,452▲1.5% | $91,963,132▲4.7% | $95,673,597▲6.1% | $109,980,133▲7.5% | 990 |
| 2017 | $95,998,120▼0.6% | $87,870,980▼2.8% | $90,156,630▲9.7% | $102,265,889▲5.3% | 990 |
| 2016 | $96,551,730▲5.8% | $90,412,342▲5.5% | $82,212,322▲8.2% | $97,147,012▲0.5% | 990 |
| 2015 | $91,216,566▲3.2% | $85,661,883▲3.4% | $76,013,487▲7.8% | $96,623,427▲8.0% | 990 |
| 2014 | $88,359,638▲7.2% | $82,863,898▲0.2% | $70,491,917▲8.5% | $89,477,411▲7.7% | 990 |
| 2013 | $82,411,344 | $82,739,651▲0.2% | $64,992,018▼0.4% | $83,061,113▼2.0% | 990 |
| 2012 | — | $82,582,671▼6.4% | $65,278,558▲7.1% | $84,731,764▲6.3% | 990 |
| 2011 | — | $88,224,467▲1.8% | $60,971,548▲7.5% | $79,704,790▲5.1% | 990 |
| 2010 | — | $86,659,949▼2.5% | $56,691,773▲11.7% | $75,846,041▲8.0% | 990 |
| 2009 | — | $88,874,079 | $50,764,304 | $70,228,519 | 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.
Highest-paid: Ryan Perumpail Md — $1,765,984 (1.04% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Ryan Perumpail Md | Physician - Gastroenterology | 50 | $1,765,984 |
| Young Huh Md | Physician - Gastroenterology | 50 | $1,387,364 |
| Ryan Taylor Do | Physician - Physical Med & Rehab | 50 | $1,271,611 |
| Michal Porubcin Md | Physician - Medical Oncology | 50 | $1,253,996 |
| Nathan Fierce Do | Physician - Surgical | 50 | $1,130,076 |
| Theresa Main | President Gmc Silvis | 49 | $455,225 |
| C Dana Waterman III | Director; Chair | 1 | — |
| Christopher Crome Md | Chief Medical Officer | 5 | — |
| Dale Zude | Director | 1 | — |
| David Heller | Director Thru 8/23 | 1 | — |
| David Larson | Director | 1 | — |
| Douglas Cropper | Former Officer; Ghs Pres Thru 6/23 | 0 | — |
| Edmund Coyne Jr | Director | 1 | — |
| Edwin Motto Md | Director | 1 | — |
| G Christopher Wahlig | Director Thru 8/23 | 1 | — |
| Gregory Bush | Director; Treasurer | 1 | — |
| Jason Enzler | Vp Legal Affairs, Asst Secretary | 5 | — |
| Jordan Voigt | Gmc Davenport Pres;east Ia Pres-1/24 | 5 | — |
| Joseph Malas | Cfo and Asst. Treasurer | 5 | — |
| Karen Fitzsimmons Md | Director; Pathologist | 1 | — |
| Contractor | Services | Paid |
|---|---|---|
| Labcorp | Laboratory Services | $5,110,803 |
| Emergency Care and Healthcare | Physician Services | $3,713,809 |
| Western Illinois | Health Care Services | $2,485,158 |
| Comphealth | Health Care Services | $2,049,371 |
| Interim Physicians LLC | Physician Services | $1,870,889 |
2 grants to Genesis Health System totaling $18K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Cancer Society Inc | Patient support | 2024 | $9,000 |
| American Cancer Society Inc | Patient support | 2024 | $9,000 |
1 grant totaling $152K in FY2022. All grants made by Genesis Health System →
| Recipient | Purpose | Amount |
|---|---|---|
| Genesis Health System Workers Compensation Pl & Tr | Claim payments | $152,211 |
Explore more
Data for Genesis Health System (EIN 36-3616314) 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.