Health Care
Freeport Regional Health Care Found Ation
FREEPORT, IL
Total revenue
$44.1M
Total expenses
$69.2M
Net assets
$5.3M
Grants received
$1.3M
20 grants
EIN
363290904
Tax year
2023
Mission
Our mission is to improve the health of our communities, working together with those we serve.
Programs
3 programs
Other uncompensated care: the foundation is a licensed medicare and medicaid provider with approximately 69% of its patients base qualifying for at least on of these programs. At present the reimbursement rates of these programs do not fully cover the cost of care to these patients. The estimated unfunded costs of the services for medicare and medicaid patients was approximately $20,283,502 for the year ending 12/31/2023.
Charity care: the foundation provided care benefits up to 300% of the federally determined proverty level. Charges foregone for charity care amounted to approximately $79,830 in 2023. Estimated costs of providing these services amounted to approximately $52,565 in 2023.
Fhn operates and/or supports a variety of community benefit programs that included but were not limited to the following:community health education programs: as part of fhn's commitment to providing health education to area communities, fhn provided numerous community education events and school health programs and support group events. The estimated direct and indirect costs of these programs and development of resources were approximately $27,000.community-based clinical services: as part of fhn's mission to improve health, fhn and the stephenson county health department have partnered to provide primary health care services to anyone in need of medical care at the fhn community healthcare center. Approximately 2,000 patient visits were provided in 2023. Services offered include diagnosis and treatment of common acute illnesses as well as management of chronic health problems, including nurse practitioner exams and consultations, lab tests, x-rays and health education.fhn also provided 2,637 health screens and sports physicals, 387 hours of conditioning and training support and sports medicine trainers at several events. The estimated direct and indirect costs of these programs were approximately $443,000.health care support services: since community members may require different types of assistance, fhn provides information and referral services, translation services and transportation assistance. The estimated direct and indirect costs of these programs were approximately $122,000. Health professional education: fhn supports the training of health care professionals by providing scholarships, clinical settings and supervision to non-fhn employees. The estimated direct and indirect costs of these programs were approximately $269,000.financial contributions: fhn recognizes the importance of giving back to the community through charitable organization and others involved in promoting health and wellness in our community. In 2023, fhn provided support to a number of community groups through direct financial contributions and providing rooms or staff time. The estimated direct and indirect costs of these programs were approximately $42,000.community-building activities: fhn values the contributions and efforts of other organizations in improving the health of our communities. As such, fhn provided financial and in-kind support to assist other local community development organizations. The estimated direct and indirect costs of these programs were approximately $38,000.
Financials
FY 2023
Revenue
Expenses
People
24 listed
MARK S GRIDLEY
PRESIDENT & CEO
$272K
14 hrs/wk
MICHAEL CLARK
EXECUTIVE VP & CFO
$130K
14 hrs/wk
LEONARD M CARTER
VP - HUMAN RESOURCES
$89K
14 hrs/wk
AMY BAKER
BOARD MEMBER
—
0.5 hrs/wk
NEAL RICHARDSON
CHAIRMAN
—
0.5 hrs/wk
DAN SCHMITT
BOARD MEMBER
—
0.5 hrs/wk
GLENDA KOELLER
BOARD MEMBER
—
0.5 hrs/wk
BETH KALNINS MD
EMPLOYED PHYSICIAN
—
40 hrs/wk
BRUCE BALDWIN
BOARD MEMBER
—
0.5 hrs/wk
SHOKRY TAWFIK MD
BOARD MEMBER
—
50 hrs/wk
GARY QUINN
BOARD MEMBER
—
0.5 hrs/wk
RICH CHANG
SECRETARY
—
0.5 hrs/wk
MARK WRIGHT
TREASURER
—
0.5 hrs/wk
HEATHER MCPHERSON
VICE CHAIRMAN
—
0.5 hrs/wk
DAMMANN GREGORY
PHYSICIAN
$984K
40 hrs/wk
BARNES BARRY
PHYSICIAN
$726K
40 hrs/wk
MADHUSUDAN R MALLADI MD
PHYSICIAN
$704K
40 hrs/wk
KILARU PRASAD
PHYSICIAN
$690K
40 hrs/wk
KHAN FARHAN
PHYSICIAN
$512K
40 hrs/wk
REBECCA PEDERSEN MD
CHIEF QUALITY CONTROL
$395K
40 hrs/wk
TIMOTHY JESSEN MD
CHAIR PHYSICIAN COUNCIL
$297K
40 hrs/wk
ROBERT GELLER MD
HEAD OF INFECTIOUS DISEASE
$224K
40 hrs/wk
CLARENCE PARKS MD
PRESIDENT OF MEDICAL STAFF
—
0KATHRYN MARTINEZ
CNO/COO
—
0Independent contractors
COMPHEALTH
PHYSICIAN SERVICES
NORTHERN ILLINOIS TRAUMA
PHYSICIAN SERVICES
JACKSON & COKER LOCUM TENNENS LLC
PHYSICIAN SERVICES
CAMELOT
PHYSICIAN SERVICES
EXCALIBUR DDPM
COLLECTION SERVICES
Grants received
Showing 20 of 20
Funded by
$1.3M from 8 funders · 20 grants · 2017–2024
$574K · 6 grants · 2018–2023
$506K · 2 grants · 2021
$64K · 2 grants · 2023–2024
$50K · 4 grants · 2017–2024
$39K · 1 grant · 2023
$18K · 2 grants · 2021–2022
$16K · 2 grants · 2023–2024
$6K · 1 grant · 2020