Methodist Medical Center of Illinois
88% goes to programs $0 to raise $100 Thin reserves
Methodist Medical Center of Illinois is a 501(c)(3) organization based in Urbana, Illinois, registered in 1938, with $498,039,983 in FY2024 revenue. CharityIndex grades it C+, and it directs about 88% of spending to programs.
611 W Park St, Urbana, IL, 61801 EIN 37-0661223 Since 1938
Revenue (FY2024)
$498.0M
▲ 7.6% vs prior year
Health median: $840K
Expenses (FY2024)
$552.7M
Net assets
-$7.5M
Employees
3,494
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 rating88% 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 Methodist Medical Center of Illinois: 88% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · -11% 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 Methodist Medical Center of Illinois: 0 mo reserves · -11% 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 Methodist Medical Center of Illinois: 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 Methodist Medical Center of Illinois: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To be the trusted partner in all healthcare decisions and improve health by providing highly accessible, world-class care and service.
What they do
Community benefit, including charity carecharity care and means-tested programs: methodist medical center of illinois provides charity care and other means-tested programs with the goal to improve the community's overall health and access to care. this includes health-care services regardless of the patient's insurance coverage or financial status. charity care and partial to full financial assistance is provided to patients on a case-by-case basis. charity care was made available at a value of $1,808,971 in 2022. oftentimes, methodist medical center of illinois receives payments from payors or patients that are less than it charges for services. methodist medical center of illinois participates in medicaid and other government-sponsored health-care programs. methodist medical center of illinois' net cost of providing care for which it receives payment below its cost is $34,280,855 for 2022. total charity care and means-tested programs reported value: $36,089,826.other benefits: methodist medical center of illinois provides several other benefits that assist the community. programs may include, but are not limited to, community health improvement services and community benefit operations such as prevention and health screenings; continuing education for health professionals; subsidized health services; research; and cash and in-kind contributions to community groups. methodist medical center of illinois collaborates with other hospitals, churches, schools, chambers of commerce and daycare centers to improve community health and expand access to health care. methodist medical center of illinois has dedicated staff to assist community benefit efforts. total other benefits reported value: $16,359,128.
Contact & location
- Address
- 611 W Park St, Urbana, IL, 61801
- City
- Urbana
- State
- Illinois
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $388.5M (FY2013) to $498.0M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $285.6MNet assets -$7.5M
Operating margin
-11.0%
Spent more than it raised in the latest fiscal year.
Total assets
$278.0M
Total liabilities
$285.6M
Net assets
-$7.5M
Salaries & benefits
$273.4M
49% of expenses
Board members
15
12 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $498,039,983▲7.6% | $552,730,707▲3.7% | -$7,509,085▼108% | $278,043,226▼55.4% | 990 |
| 2023 | $462,892,496▼2.0% | $532,811,590▲7.5% | $88,944,403▼63.6% | $624,064,311▲21.4% | 990 |
| 2022 | $472,509,694▼1.0% | $495,522,668▲2.4% | $244,453,075▼11.3% | $513,851,785▼13.6% | 990 |
| 2021 | $477,166,423▲7.7% | $483,905,381▲10.0% | $275,711,533▲34.5% | $594,692,984▲3.5% | 990 |
| 2020 | $442,922,228▲8.8% | $439,826,978▲4.1% | $204,934,962▼7.0% | $574,546,443▲6.4% | 990 |
| 2019 | $406,940,541▼8.8% | $422,487,617▼2.2% | $220,333,208▼9.8% | $540,053,021 | 990 |
| 2018 | $445,982,351▲5.3% | $432,032,884▲7.0% | $244,172,693▼5.9% | $540,083,390▼1.9% | 990 |
| 2017 | $423,530,162▲6.3% | $403,908,193▲3.5% | $259,584,869▲13.7% | $550,306,376▲2.7% | 990 |
| 2016 | $398,607,520▼0.7% | $390,177,102▲2.8% | $228,399,499▲7.8% | $536,052,066▲0.1% | 990 |
| 2015 | $401,312,000▲1.5% | $379,411,105▼1.8% | $211,818,855▼0.1% | $535,720,116▲5.8% | 990 |
| 2014 | $395,245,586▲1.7% | $386,470,064▲7.6% | $212,132,673▼12.2% | $506,283,639▲0.9% | 990 |
| 2013 | $388,474,772 | $359,331,804▲6.3% | $241,492,056▲43.4% | $501,873,103▲10.3% | 990 |
| 2012 | — | $338,158,063▼12.1% | $168,385,156▲41.4% | $454,964,929▲4.8% | 990 |
| 2011 | — | $384,514,579▲8.4% | $119,114,221▼29.9% | $433,984,380▼6.4% | 990 |
| 2010 | — | $354,809,384 | $169,923,807 | $463,563,224 | 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: Candace Correa Md — $1,228,740 (0.22% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Candace Correa Md | Physician - Radiology/oncology | 40 | $1,228,740 |
| Donald Yakel Md | Physician - Cardiology | 40 | $1,084,270 |
| Adel Mina Md | Physician - Cardiology | 40 | $1,082,313 |
| Surya Chaturvedula Md | Physician - Cardiology | 40 | $1,020,394 |
| Arvind Reddy Devindabanda Md | Physician - Cardiology | 40 | $1,011,583 |
| Neil Mehta | Associate Chief Medical Officer | 40 | $822,448 |
| Keith Knepp Md | Ex Officio, Voting // Officer - President, Carle Health - West Region | 27 | $712,994 |
| Keila Sierra-cintron Md | Board Member // Physician | 1 | $479,149 |
| John Miller Md | Medical Director of Medical Affairs | 40 | $425,735 |
| Joy Ledbetter | Vp, Talent Acquisition | 40 | $409,218 |
| Jeanette Murray | Vp, West Region Hospital Operations | 39 | $404,826 |
| Ken Dicken Mba | Vp, Finance - West Region | 27 | $375,119 |
| Debra Adornetto-garcia | Vp, West Region Chief Nursing Officer | 40 | $339,274 |
| Mark Kuhn | Vp, Greater Peoria Ambulatory Services | 40 | $322,317 |
| Mary Thompson | President, Trillium Place | 1 | $296,321 |
| Aaron Kilgore | Board Member | 1 | — |
| Amy Darling | Board Member Thru 04/16/2024 | 1 | — |
| Anthony Stanowski Dha Fache | Ex Officio, Voting | 1 | — |
| Brandon Moss | Ex Officio, Voting | 1 | — |
| Brook Fisher | Director, Revenue Cycle Denials | 3 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Pj Hoerr Inc | Construction | $14,966,184 |
| Weatherby Locums | Staffing Services | $5,342,688 |
| University of Illinois | Consuliting/teaching/staffing | $4,468,578 |
| Eagle Telemed Holdings LLC | Staffing Services | $2,486,036 |
| Springfield Clinic | Staffing Services | $1,791,850 |
Grants received · $8.6M total
6 grants to Methodist Medical Center of Illinois totaling $8.6M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Cancer Society Inc | Patient support | 2024 | $25,000 |
| American Cancer Society Inc | Patient support | 2024 | $17,500 |
| American Heart Association Inc | Atrial fibrillation program | 2023 | $14,400 |
| American Cancer Society Inc | Patient support | 2023 | $10,000 |
| American Heart Association Inc | Atrial fibrillation initiative | 2022 | $18,500 |
| Iowa Health System | Program support | 2020 | $8,528,566 |
Grants made · $322K in FY2024
5 grants totaling $322K in FY2024. All grants made by Methodist Medical Center of Illinois →
| Recipient | Purpose | Amount |
|---|---|---|
| Central Illinois Friends of Pwa Inc | Program support | $158,382 |
| Heartland Community Health Clinic | Program support | $56,250 |
| Susan G Komen Breast Cancer Foundation | Program support | $47,430 |
| Heart of Illinois United Way Inc | Program support | $40,000 |
| University of Illinois Foundation | Program support | $20,000 |
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Compare Methodist Medical Center of Illinois
Frequently asked questions
- Is Methodist Medical Center of Illinois a legitimate nonprofit?
- Yes. Methodist Medical Center of Illinois is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 37-0661223, based in Urbana, Illinois. Donations are tax-deductible.
- What is Methodist Medical Center of Illinois's EIN?
- Methodist Medical Center of Illinois's Employer Identification Number (EIN) is 37-0661223.
- How much revenue does Methodist Medical Center of Illinois report?
- Methodist Medical Center of Illinois reported $498,039,983 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Methodist Medical Center of Illinois's spending goes to programs?
- Methodist Medical Center of Illinois spends about 88% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Methodist Medical Center of Illinois have?
- CharityIndex grades Methodist Medical Center of Illinois C+, based on program efficiency and fundraising cost.
- How much does Methodist Medical Center of Illinois's highest-paid employee make?
- The highest reported compensation on Methodist Medical Center of Illinois's latest Form 990 is $1,228,740, paid to Candace Correa Md (Physician - Radiology/oncology).
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Data for Methodist Medical Center of Illinois (EIN 37-0661223) 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.