Osf Healthcare System
80% goes to programs $1 to raise $100 Strong reserves Growing revenue
Osf Healthcare System is a 501(c)(3) organization based in Peoria, Illinois, registered in 1946, with $3,909,183,510 in FY2023 revenue. CharityIndex grades it A, and it directs about 80% of spending to programs.
124 Sw Adams St, Peoria, IL, 61602 EIN 37-0813229 Since 1946
Revenue (FY2023)
$3.9B
▲ 15.1% vs prior year
Health median: $840K
Expenses (FY2023)
$3.4B
Net assets
$3.0B
Employees
21,137
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 rating80% to programs · $1 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 Osf Healthcare System: 80% to programs · $1 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating11 mo reserves · +14% 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 Osf Healthcare System: 11 mo reserves · +14% 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 Osf Healthcare System: 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 Osf Healthcare System: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
In the spirit of christ and the example of francis of assisi, the mission of osf healthcare is to serve persons with the greatest care and love in a community that celebrates the gift of life.
What they do
Outpatient services: the thirteen acute care hospitals owned and operated by osf healthcare system collectively provided 1,948,230 outpatient visits during the reporting period ended september 30, 2024, excluding emergency department visits. the corporation's hospitals offer a broad range of outpatient therapeutic and diagnostic services, including outpatient surgery and advanced medical imaging.
All thirteen of the acute care hospitals of the corporation provide 24-hour emergency department services. all are staffed by physicians who are predominantly (but not entirely) certified in emergency medicine by national specialty boards. the emergency departments of the corporation's acute care hospitals provided 367,450 patient visits during the reporting period ended september 30, 2024.
Other program services beyond outpatient, inpatient and emergency department services include: home health services - eight agencies located in illinois and michigan. hospice services - eight programs located in illinois and michigan. residency programs - osf healthcare system is affiliated with the university of illinois and provides support for teaching of residents and fellowship programs. college of nursing programs - two of the corporation's hospitals operate accredited colleges of nursing that offer accredited baccalaureate, masters and doctoral degrees. trauma services (level 1) - two hospitals in the system are designated as level i trauma (highest level) trauma centers and two have been designated as level ii trauma centers. ems flight and ground transportation services - the corporation provides helicopter and ground transports to patients in northern and central illinois. community clinic, outreach and other educational programs - the corporation offers two uninsured and under insured community clinics in bloomington and peoria. outreach programs - the corporation provides outreach programs to the community with parish nursing, perinatal outreach, and a community training center. all of these programs reach at risk populations to help them with specific and everyday healthcare needs. education - the corporation provides paramedic education, emt education, medical tech education, radiology tech education and dietetic education programs.
Contact & location
- Address
- 124 Sw Adams St, Peoria, IL, 61602
- City
- Peoria
- State
- Illinois
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $2.0B (FY2013) to $3.9B (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $2.8BNet assets $3.0B
Operating margin
14.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$5.8B
Total liabilities
$2.8B
Net assets
$3.0B
Salaries & benefits
$1.6B
48% of expenses
Board members
10
7 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $3,909,183,510▲15.1% | $3,355,925,530▲11.4% | $3,010,441,724▲19.4% | $5,787,940,861▲9.6% | 990 |
| 2022 | $3,396,822,840▲6.3% | $3,012,001,625▲4.0% | $2,520,917,417▲13.6% | $5,280,991,110▲3.4% | 990 |
| 2021 | $3,195,700,977▼1.2% | $2,895,005,409▲9.8% | $2,219,826,669▼18.4% | $5,108,469,746▼8.1% | 990 |
| 2020 | $3,233,049,540▲20.0% | $2,635,982,780▲11.8% | $2,719,921,343▲31.6% | $5,560,746,183▲8.2% | 990 |
| 2019 | $2,693,493,973▲2.7% | $2,357,324,579▲3.9% | $2,067,043,240▲41.3% | $5,141,287,534▲34.4% | 990 |
| 2018 | $2,622,268,279▲5.7% | $2,267,753,617▲4.8% | $1,462,877,976▼3.9% | $3,826,454,610▲1.8% | 990 |
| 2017 | $2,480,289,941▲13.9% | $2,163,616,319▲15.5% | $1,522,033,204▲22.9% | $3,759,557,955▲14.1% | 990 |
| 2016 | $2,178,016,343▲4.0% | $1,874,056,282▲2.1% | $1,238,889,319▲22.0% | $3,296,088,110▲3.3% | 990 |
| 2015 | $2,093,637,009▼3.1% | $1,836,032,482▼5.7% | $1,015,759,510▲1.1% | $3,190,122,606▲3.6% | 990 |
| 2014 | $2,161,569,344▲10.4% | $1,947,674,620▲8.9% | $1,005,106,261▲7.6% | $3,078,467,872▲14.3% | 990 |
| 2013 | $1,958,336,322 | $1,787,809,590 | $934,102,328▼2.3% | $2,692,360,006▲8.3% | 990 |
| 2012 | — | $1,787,368,691▲4.1% | $955,854,448▲31.9% | $2,485,641,264▲2.8% | 990 |
| 2011 | — | $1,717,722,401▲4.0% | $724,923,964▼3.7% | $2,418,704,402▲6.7% | 990 |
| 2010 | — | $1,651,985,387▲5.7% | $752,788,040▲4.5% | $2,267,817,172▲2.7% | 990 |
| 2009 | — | $1,563,509,925 | $720,492,771 | $2,208,781,086 | 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: Robert C Sehring — $2,987,377 (0.09% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Robert C Sehring | Vice Chairperson Chief Executive Officer | 40 | $2,987,377 |
| Michael A Cruz Md | Chief Operating Officer | 40 | $1,349,009 |
| Michael M Allen | Chief Financial Officer | 40 | $1,205,633 |
| Mete Korkmaz Md | Physician | 40 | $1,126,277 |
| Michelle D Conger | Chief Strategy Officer, Osf Healthcare/ Ceo, Osf Oncall Digital Health | 40 | $1,055,498 |
| James L Mcgee Md | Physician | 40 | $1,051,356 |
| James J Mormann | Chief Executive Officer, Integrated Solutions | 40 | $980,082 |
| Carol A Friesen | Chief Executive Officer, Eastern Region | 40 | $971,996 |
| Eric D Webb | Vice President of Sales and Admin Officer | 40 | $968,000 |
| Ralph Velazquez Md | System Chief Medical Officer | 40 | $965,234 |
| Robert G Anderson | Chief Executive Officer, Central Region | 40 | $939,288 |
| Iftekhar U Ahmad Md | Physician | 40 | $938,701 |
| Robert L Brandfass | Svp Chief Legal Officer | 40 | $830,188 |
| August J Querciagrossa | Chief Executive Officer, Western Region | 40 | $811,078 |
| Lori L Wiegand | Chief Nursing Officer | 40 | $808,509 |
| Alyssa A Ceilesh Md | Physician | 40 | $730,986 |
| Leon A Yeh Md | Vp Chief Medical Officer Emergency Serv | 40 | $706,234 |
| David M Hall | Svp Info Systems/ Chief Information Officer | 40 | $676,609 |
| Paula A Carynski | President, Osf Healthcare Saint Anthony Medical Center | 40 | $649,279 |
| Stephen E Hippler Md | Former Chief Clinical Officer | 0 | $645,610 |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Medical Solutions LLC | Medical Staffing Services | $65,303,147 |
| Assoc Anesthesiologists Sc | Anesthesiologists Services | $27,328,865 |
| North American Partners In Anesthesia | Anesthesiologists Services | $22,701,070 |
| Mayo Clinic | Laboratory Services | $7,528,789 |
| Change Healthcare Solutions LLC | Software Maintenance Services | $6,773,206 |
Grants received · $1.9M total
35 grants to Osf Healthcare System totaling $1.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Cancer Society Inc | Patient support | 2024 | $53,500 |
| American Cancer Society Inc | Patient support | 2024 | $40,000 |
| American Endowment Foundation | Health, general | 2024 | $10,000 |
| Michigan Health and Hospital Association | Grant pass through | 2023 | $54,588 |
| American Cancer Society Inc | Patient support | 2023 | $40,000 |
| Donor Advised Charitable Giving | Health | 2023 | $32,050 |
| Washington University | Research | 2023 | $22,313 |
| American Endowment Foundation | Health, general | 2023 | $10,000 |
| Michigan Health and Hospital Association | Grant pass through | 2022 | $564,205 |
| American Endowment Foundation | Health, general | 2022 | $20,000 |
| Washington University | Research | 2022 | $19,417 |
| Donor Advised Charitable Giving | Health | 2022 | $13,050 |
| American Cancer Society Inc | Patient support | 2022 | $7,500 |
| Michigan Health and Hospital Association | Grant pass through | 2021 | $131,207 |
| Donor Advised Charitable Giving | Health | 2021 | $47,710 |
Grants made · $8.3M in FY2023
17 grants totaling $8.3M in FY2023 — showing the 15 largest. All grants made by Osf Healthcare System →
| Recipient | Purpose | Amount |
|---|---|---|
| University of Illinois Foundation | Support of clinic operations | $3,286,756 |
| Heartland Community Health Clinic | Support of clinic operations | $2,788,589 |
| Advanced Medical Transport East Inc | Support of org operations | $1,187,500 |
| Peoria Park District Foundation | Support community wellness center | $400,000 |
| Elite Community Outreach | Support of org operations | $225,489 |
| Heart of Illinois United Way Inc | Support of org operations | $130,000 |
| Northern Illinois Blood Bank Inc | Support of org operations | $50,000 |
| Illinois Business and Economic Development Corporation | Support of org operations | $50,000 |
| YMCA of Rock River Valley | Support of org operations | $30,000 |
| The Autism Collective | Support of org operations | $28,161 |
| Easterseals Central Illinois | Support of org operations | $25,000 |
| Crittenton Centers | Support of org operations | $15,000 |
| Ronald Mcdonald House Charities of Central Illinois | Support of org operations | $10,000 |
| St Matthew Roman Catholic Congregation | Support of org operations | $10,000 |
| Champaign Firefighters Benevolent Fund | Firefighters wright street ball sponsorship | $10,000 |
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Frequently asked questions
- Is Osf Healthcare System a legitimate nonprofit?
- Yes. Osf Healthcare System is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 37-0813229, based in Peoria, Illinois. Donations are tax-deductible.
- What is Osf Healthcare System's EIN?
- Osf Healthcare System's Employer Identification Number (EIN) is 37-0813229.
- How much revenue does Osf Healthcare System report?
- Osf Healthcare System reported $3,909,183,510 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Osf Healthcare System's spending goes to programs?
- Osf Healthcare System spends about 80% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Osf Healthcare System have?
- CharityIndex grades Osf Healthcare System A, based on program efficiency and fundraising cost.
- How much does Osf Healthcare System's highest-paid employee make?
- The highest reported compensation on Osf Healthcare System's latest Form 990 is $2,987,377, paid to Robert C Sehring (Vice Chairperson Chief Executive Officer).
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Data for Osf Healthcare System (EIN 37-0813229) 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.