MEMORIAL HEALTH SYSTEM GROUP

MEMORIAL HEALTH SYSTEM GROUP

Springfield, IL, US
501(c)(3)
EIN
90-0756744
Hospital
Regional Funder
Subordinate Organization

MEMORIAL HEALTH SYSTEM GROUP

Springfield, IL, US
501(c)(3)
EIN
90-0756744
Hospital
Regional Funder
Subordinate Organization

Income Statement

Fiscal Year Start:
Oct 1
Revenues in 2024

$1,627,266,717

Program Services
95%
Other
3%
Investments
1%
Contributions
<1%
Government Grants
<1%
Fundraising Events
<1%
Membership Dues
0%
Expenses in 2024

$1,589,771,872

Salaries & Benefits
44%
Other
31%
Fees to Service Providers
15%
Offices, Occupancy & IT
5%
Depreciation
3%
Grants
1%
Interest
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$9,023,505
$6,008,019
-33%
Government Grants
$13,561,602
$4,643,389
-66%
Fundraising Events
$297,802
$14,425
-95%
Program Services
$1,429,160,451
$1,553,087,597
+9%
Membership Dues
$0
$0
-
Investments
$16,283,187
$16,650,540
+2%
Other
$45,663,107
$46,862,747
+3%
Total Revenues
$1,513,989,654
$1,627,266,717
+7%
Expenses
2023
2024
Change
Grants
$14,111,011
$18,866,551
+34%
Benefits to Members
$0
$0
-
Salaries & Benefits
$717,515,174
$701,116,817
-2%
Fees to Service Providers
$268,740,217
$241,718,588
-10%
Advertising & Promotion
$98,932
$885,086
+795%
Offices, Occupancy & IT
$74,402,757
$75,958,608
+2%
Interest
$6,435,837
$6,134,344
-5%
Depreciation
$46,557,769
$51,356,796
+10%
Other
$429,925,290
$493,735,082
+15%
Total Expenses
$1,557,786,987
$1,589,771,872
+2%
Net income
2023
2024
Change
Net income
-$43,797,333
+$37,494,845
-186%
Functional Expenses
Summary
2023
2024
Change
Program
$1,302,439,099
$1,348,735,372
+4%
Admin
$255,084,238
$240,854,677
-6%
Fundraising
$263,650
$181,823
-31%
Total Expenses
$1,557,786,987
$1,589,771,872
+2%
Income Statement
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