Rockford Health Physicians
87% goes to programs $0 to raise $100
Rockford Health Physicians is a 501(c)(3) organization based in Rockford, Illinois, registered in 1994, with $140,265,844 in FY2023 revenue. CharityIndex grades it B+, and it directs about 87% of spending to programs.
8201 E Riverside Blvd, Rockford, IL, 61114 EIN 36-3907436 Since 1994
Revenue (FY2023)
$140.3M
▲ 9.7% vs prior year
Health median: $840K
Expenses (FY2023)
$171.0M
Net assets
$38.4M
Employees
947
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
★★★★
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 →AProgram efficiency40% of the rating87% 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 Rockford Health Physicians: 87% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
C+Financial health25% of the rating3 mo reserves · -22% 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 Rockford Health Physicians: 3 mo reserves · -22% 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 Rockford Health Physicians: 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 Rockford Health Physicians: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To improve and protect the health and welfare of the community in accordance with our mission, the mission of rockford health physicians is "exceptional health care services with a passion for making lives better." the foundation of this mission is based on a vision of quality: excellence in patient care; service: exceptional patient and customer care; partnering: best place to work; and cost: cost-effective care, along with a commitment to the values of healing in the broadest sense, patients come first, treat each other like family and always seek excellence.
What they do
Ancillary medical services were performed to allow physicians to provide the proper care to achieve the best outcome for each patient. there were 453,617 ancillary tests and procedures performed during fy2024. rhph provided these services in clinical areas such as laboratory and radiology including ct scans and mammography. other support services included cardiac testing, genetic services, pulmonary function testing, bone scans, pain management, and physical therapy.
Rhph participates in a medicare physician quality report incentive program to measure data for quality evaluation. rhph is committed to providing services for maternal and childcare through illinois health connect, a means-tested program that helps kids and families get health care and stay healthy by choosing a medical home. rhph partners with neighboring schools to provide free physicals and community organizations to provide free screenings. staff and physicians participated in various health fairs and hosted educational forums in the communities to bring residents an awareness of health/wellness related topics heart disease and prevention, healthy eating, children's health concerns, and aging issues. rhph also partners with a local church in the bridge clinic to serve uninsured and/or homeless people.
Contact & location
- Address
- 8201 E Riverside Blvd, Rockford, IL, 61114
- City
- Rockford
- State
- Illinois
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $88.8M (FY2013) to $140.3M (FY2023) across 6 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $81.6MNet assets $38.4M
Operating margin
-21.9%
Spent more than it raised in the latest fiscal year.
Total assets
$120.0M
Total liabilities
$81.6M
Net assets
$38.4M
Salaries & benefits
$123.1M
72% of expenses
Board members
8
6 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $140,265,844▲9.7% | $170,958,179▲16.1% | $38,369,406▼47.3% | $119,975,728▼3.2% | 990 |
| 2022 | $127,856,094▼3.6% | $147,222,214▼7.1% | $72,766,992▲28.5% | $123,960,049▲3.8% | 990 |
| 2021 | $132,686,757▼13.9% | $158,524,296▼9.2% | $56,634,081▼9.2% | $119,382,238▼7.9% | 990 |
| 2020 | $154,086,081▲150% | $174,514,160▲127% | $62,362,076▲399% | $129,644,299▲137% | 990 |
| 2014 | $61,701,652▼30.5% | $76,822,271▼45.0% | -$20,834,567▼17.3% | $54,669,164▲0.1% | 990 |
| 2013 | $88,780,799 | $139,773,442▲2.5% | -$17,758,754▲1.6% | $54,596,824▼6.4% | 990 |
| 2012 | — | $136,304,152▲1.5% | -$18,049,624▲15.4% | $58,352,194▼4.8% | 990 |
| 2011 | — | $134,239,587▲9.6% | -$21,340,753▼4.8% | $61,311,050▲6.0% | 990 |
| 2010 | — | $122,504,582 | -$20,356,125 | $57,821,261 | 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: Vibhav Bansal — $1,198,521 (0.70% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Vibhav Bansal | Physician | 40 | $1,198,521 |
| Michal Zlowodzki | Physician | 40 | $1,188,345 |
| Greg Nowak | Physician | 40 | $1,070,810 |
| Bharati Roy | Physician | 40 | $967,137 |
| Zaher Qassem | Physician | 40 | $956,016 |
| Dave L Syverson | Director | 1 | — |
| Javon R Bea | President/ceo (see Pages 30-35) | 1 | — |
| Katherine A Schack | Director | 1 | — |
| Kimberly Scaccia | Vp - Revenue Cycle | 1 | — |
| Mark L Goelzer Md | Director/physician | 1 | — |
| Rowland J Mcclellan | Chair & Director | 1 | — |
| Thomas D Budd | Secretary & Treasurer | 1 | — |
| Thomas R Pool | Vice Chair & Director | 1 | — |
| Todd Anderson | Vp/cfo (term 01/2025) | 1 | — |
| Wesley M Jost | Director | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Srikumar Pillai | Pediatric Surgery | $300,000 |
| Casey Shupe | Anesthesiology | $296,311 |
| Sunil Tech Park LLC | Real Estate Services | $210,929 |
| Dyn Rote LLC | Real Estate Services | $176,566 |
Grants received · $73K total
4 grants to Rockford Health Physicians totaling $73K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Mayo Clinic Group Return | Support charitable purpose | 2024 | $10,250 |
| Mayo Clinic Group Return | Support exempt purpose | 2023 | $28,640 |
| Mayo Clinic Group Return | Support charitable purpose | 2022 | $14,400 |
| Mayo Clinic Group Return | Support charitable purpose | 2021 | $19,430 |
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Frequently asked questions
- Is Rockford Health Physicians a legitimate nonprofit?
- Yes. Rockford Health Physicians is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 36-3907436, based in Rockford, Illinois. Donations are tax-deductible.
- What is Rockford Health Physicians's EIN?
- Rockford Health Physicians's Employer Identification Number (EIN) is 36-3907436.
- How much revenue does Rockford Health Physicians report?
- Rockford Health Physicians reported $140,265,844 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Rockford Health Physicians's spending goes to programs?
- Rockford Health Physicians spends about 87% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Rockford Health Physicians have?
- CharityIndex grades Rockford Health Physicians B+, based on program efficiency and fundraising cost.
- How much does Rockford Health Physicians's highest-paid employee make?
- The highest reported compensation on Rockford Health Physicians's latest Form 990 is $1,198,521, paid to Vibhav Bansal (Physician).
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Data for Rockford Health Physicians (EIN 36-3907436) 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.