HILLSBORO AREA HOSPITAL INC

HILLSBORO AREA HOSPITAL INC

Hillsboro, IL, US
501(c)3
EIN
37-0661208
Hospital

HILLSBORO AREA HOSPITAL INC

Hillsboro, IL, US
501(c)3
EIN
37-0661208
Hospital

Overview

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Est.

1906

Fiscal Year Start

Jul 1

Organization Type

Grantseeker
AI Summary
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Hillsboro Area Hospital Inc is a nonprofit organization dedicated to providing comprehensive hospital care, including inpatient, swing bed, outpatient services, and assisted living facilities. With an operating budget of $36.3 million and total revenue of $41.8 million for the filing year 2024, the organization relies on diverse funding sources, with no single funder contributing 50% or more of its revenue. More information can be found on their website, www.hillsborohealth.org.

Mission Statement

OPERATION OF HOSPITAL (INPATIENT, SWING BED AND OUTPATIENT) AND ASSISTED LIVING FACILITIES.
Revenues

$41.8M

Expenses

$36.3M

Net Income:
+$5.4M
Assets

$63.1M

Liabilities

$9.3M

Net Assets:
+$53.8M
Operating Budget

$36.3M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

1

Median grant size
$15K
Largest grant received
$15K
T
Terri Carroll
Board Member
A
Alex Nazarian
Board Member
E
Earl Flack
Board Member

Frequently Asked Questions

What is HILLSBORO AREA HOSPITAL INC’s budget?
In 2024, HILLSBORO AREA HOSPITAL INC reported an annual operating budget of around $36.3 million. More detailed financial information is available to registered users.
What causes does HILLSBORO AREA HOSPITAL INC support?
HILLSBORO AREA HOSPITAL INC supports work in Hospital care.
Where does HILLSBORO AREA HOSPITAL INC operate?
HILLSBORO AREA HOSPITAL INC is headquartered in Hillsboro, IL.
Who funded HILLSBORO AREA HOSPITAL INC recently?
In 2024, HILLSBORO AREA HOSPITAL INC received grants from THE ILLINOIS CRITICAL ACCESS HOSPITAL NETWORK, Illinois Children's Healthcare Foundation, and THE ILLINOIS CRITICAL ACCESS HOSPITAL NETWORK. More information on this organization’s funders is available to registered users.
What is the largest grant HILLSBORO AREA HOSPITAL INC received in 2024?
The largest grant to HILLSBORO AREA HOSPITAL INC in 2024 exceeds $15 thousand.
What is HILLSBORO AREA HOSPITAL INC’s reliance on government grants?
HILLSBORO AREA HOSPITAL INC relied on government grants for less than 5% of their total revenue in 2024.
Overview
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