The Monroe Clinic Inc is a 501(c)(3) organization based in Saint Louis, Missouri, registered in 1946, with $237,133,051 in FY2024 revenue. CharityIndex grades it B, and it directs about 93% of spending to programs.
Revenue (FY2024)
$237.1M
▲ 8.0% vs prior year
Health median: $840K
Expenses (FY2024)
$212.4M
Net assets
$238.6M
Employees
1,065
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 →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 The Monroe Clinic Inc: 93% to programs · $1 to raise $100 earns a C 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 The Monroe Clinic Inc: 13 mo reserves · +10% margin earns a A 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 The Monroe Clinic Inc: 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 The Monroe Clinic Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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The monroe clinic, inc. provides healthcare services to the communities in and surrounding green county, wi and stephenson county, il. medical services are provided regardless of an individual's ability to pay.
Revenue grew from $170.8M (FY2013) to $237.1M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
10.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$310.4M
Total liabilities
$71.8M
Net assets
$238.6M
Salaries & benefits
$108.1M
51% of expenses
Board members
12
9 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $237,133,051▲8.0% | $212,382,763▲1.9% | $238,625,103▼8.4% | $310,379,799▲2.8% | 990 |
| 2023 | $219,503,410▲6.3% | $208,370,002▲2.3% | $260,421,601▲9.0% | $301,884,357▼6.7% | 990 |
| 2022 | $206,504,084▼4.3% | $203,695,768▲2.1% | $238,867,632▼4.8% | $323,716,950▼21.0% | 990 |
| 2021 | $215,841,279▲12.3% | $199,442,934▲8.3% | $250,873,952▲9.1% | $409,600,640▲11.3% | 990 |
| 2020 | $192,194,935▼2.0% | $184,090,289▲3.1% | $229,946,263▲7.3% | $368,180,054▲7.8% | 990 |
| 2019 | $196,142,701▲3.2% | $178,567,142▲2.0% | $214,344,711▲10.0% | $341,623,775▲17.5% | 990 |
| 2018 | $190,079,144▲8.6% | $175,021,509▲3.2% | $194,902,616▲5.7% | $290,834,327▲3.1% | 990 |
| 2017 | $174,954,745▲4.0% | $169,577,754▲2.1% | $184,319,053▲7.7% | $282,069,217▲4.3% | 990 |
| 2016 | $168,295,255▼5.4% | $166,105,300▼1.3% | $171,151,698▲1.0% | $270,507,743▼0.4% | 990 |
| 2015 | $177,818,503▲0.7% | $168,341,731▲1.7% | $169,391,965▲5.7% | $271,535,083▲2.5% | 990 |
| 2014 | $176,599,749▲3.4% | $165,525,724▲0.2% | $160,200,963▲7.6% | $264,790,166▲4.0% | 990 |
| 2013 | $170,839,072 | $165,192,376▲4.9% | $148,911,326▲8.9% | $254,726,229▲4.2% | 990 |
| 2012 | — | $157,534,645▲6.8% | $136,683,015▲6.0% | $244,550,154▲2.7% | 990 |
| 2011 | — | $147,555,855▲3.4% | $128,973,234▲4.3% | $238,050,691▲2.6% | 990 |
| 2010 | — | $142,700,497 | $123,638,029 | $232,081,395 | 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: Sunil Penesetti — $1,039,896 (0.49% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Sunil Penesetti | Physician | 40 | $1,039,896 |
| Richard Huntsman | Physician | 40 | $882,038 |
| Arif Ahmad | Physician | 40 | $875,688 |
| Gurmeet Singh | Physician | 40 | $839,568 |
| Dana Doll | Physician | 40 | $786,502 |
| Chelsea Hardacre | Vp Patient Care Svcs, Cno | 40 | $264,902 |
| Douglas Long | Secretary, Clo At Ssm Health | 1 | — |
| Jennifer Maskel Md | Director, Physician At Ssm Health | 1 | — |
| Joan Karsten | Director | 1 | — |
| Kevin Smith | Treasurer, Cfo At Ssm Health | 1 | — |
| Mark Holzman | Director | 1 | — |
| Matthew Pogodzinski Md | Director, Physician At Ssm Health | 1 | — |
| Olivia Otte | Director | 1 | — |
| Pat Leitzen Fye | Director | 1 | — |
| Peng Her | Director | 1 | — |
| Randall Combs | Former Officer | 0 | — |
| Sr Rhea Emmer | Director | 1 | — |
| Steven Smoot | Vice President, Coo At Ssm | 1 | — |
| Suzanne Anderson | Director, Regional Preside | 1 | — |
| Theodore Miller Md | Director | 1 | — |
| Contractor | Services | Paid |
|---|---|---|
| Trimedx Holdings LLC | Clinical Engineering Services | $846,964 |
| Owens & Minor Distribution Inc | Medical Services | $754,902 |
| Chg Companies Inc | Healthcare Staffing Services | $342,226 |
| Medtronic USA In | Medical Services | $333,306 |
| Siemens Medical Solutions USA Inc | Medical Services | $316,542 |
1 grant totaling $33K in FY2024. All grants made by The Monroe Clinic Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Meetinghouse Arts | General purpose | $32,557 |
Explore more
Data for The Monroe Clinic Inc (EIN 39-0808509) 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.