Freeport Memorial Hospital

Freeport, IL
Tax-exempt since April 1939
EIN: 36-2181997

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Health — General and Rehabilitative / Hospital, General (NTEE)

Donations to this organization are tax deductible.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Operated hospital facilities

Organization operated one or more hospital facilities. Details are reported on Schedule H.

Reported conflict of interest transactions

Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Revenue

$175M (2023)

Expenses

$154M (2023)

Total Assets

$102M (2023)

Total Liabilities

$31.1M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Revenue

$175,350,247

Expenses

$154,123,019

Net Income

$21,227,228

Net Assets

$70,599,795

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$1,169,171	0.7%
Program Services	$173,534,554	99.0%
Investment Income	$640,522	0.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$6,000	0.0%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$2,051,285	1.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$42,219,440	27.4%

Assets/Debt
Total Assets	$101,724,533
Total Liabilities	$31,124,738
Net Assets	$70,599,795

Operated hospital facilities

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Arshad Shaikh Md (Physician)	$696,233	$0	$31,828
Clarence Parks Md (President Medical Staff)	$509,041	$0	$20,230
Mark S Gridley (President/Ceo)	$455,110	$278,939	$64,203
Karenmarie Meyer Md (Physician)	$360,890	$0	$14,936
Irena Markovic Md (Physician)	$343,054	$0	$30,986
Zachary Fulton (Physician)	$284,529	$0	$57,368
Daniel Lee Md (Physician)	$278,250	$0	$44,331
Beth Kalnins Md (Medical Staff)	$272,722	$0	$27,649
Kathryn J Martinez (Vp Of Patient Service)	$263,293	$0	$35,121
Michael C Clark (Executive Vp/Cfo)	$218,321	$133,810	$60,154
Leonard Carter (Chief Human Resources Officer)	$148,628	$91,089	$38,838
Neal Richardson (Chairman)	$0	$0	$0
Heather Mcpherson (Vice Chairman)	$0	$0	$0
Mark Wright (Treasurer)	$0	$0	$0
Rich Chang (Secretary)	$0	$0	$0
Gary Quinn (Board Member)	$0	$0	$0
Shokry Tawfik Md (Board Member)	$0	$0	$0
Bruce Baldwin (Board Member)	$0	$0	$0
Glenda Koeller (Board Member)	$0	$0	$0
Dan Schmitt (Board Member)	$0	$0	$0
Amy Baker (Board Member)	$0	$0	$0
Rebecca Pedersen Md (Chief Quality Officer)	$0	$394,511	$36,663
Robert Geller Md (Head Of Infectious Diseases)	$0	$224,442	$27,962
Timothy Jessen Md (Chair Physician Council)	$0	$297,480	$38,969

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990

Filed on Nov. 20, 2024

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Fiscal Year Ending Dec.
2022

Revenue

$168,885,534

Expenses

$152,350,876

Net Income

$16,534,658

Net Assets

$76,806,464

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$894,084	0.5%
Program Services	$167,336,050	99.1%
Investment Income	$488,599	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$166,801	0.1%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$2,292,063	1.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$40,262,357	26.4%

Assets/Debt
Total Assets	$106,715,723
Total Liabilities	$29,909,259
Net Assets	$76,806,464

Operated hospital facilities

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Arshad Shaikh Md (Physician)	$786,410	$0	$35,418
Clarence Parks Md (President Medical Staff)	$562,609	$0	$2,351
Keith Martin Md (Physician)	$470,288	$0	$2,772
Mark S Gridley (President/Ceo)	$457,856	$280,621	$67,771
Irena Markovic Md (Physician)	$430,953	$0	$32,606
Kathryn J Martinez (Vp Of Patient Service)	$338,247	$0	$36,850
Maajid Ekkiswala (Physician)	$334,543	$0	$38,604
Beth Kalnins Md (Medical Staff)	$318,276	$0	$29,290
Karenmarie Meyer Md (Physician)	$313,889	$0	$19,392
Michael C Clark (Executive Vp/Cfo)	$260,346	$159,567	$64,149
Leonard Carter (Chief Human Resources Offi)	$179,260	$109,869	$40,624
Neal Richardson (Chairman)	$0	$0	$0
Heather Mcpherson (Vice Chairman)	$0	$0	$0
Mark Wright (Treasurer)	$0	$0	$0
Richard Chang (Secretary)	$0	$0	$0
Steven Kneubuehl (Past Chairman)	$0	$0	$0
Amy Baker (Board Member)	$0	$0	$0
Bruce Baldwin (Board Member)	$0	$0	$0
Gary Quinn (Board Member)	$0	$0	$0
Glenda Koeller (Board Member)	$0	$0	$0
Dan Schmitt (Board Member)	$0	$0	$0
Shokry Tawfik Md (Board Member)	$0	$0	$170
Rebecca Pederson Md (Chief Quality Officer)	$0	$432,650	$39,477
Robert Geller Md (Head Of Infectious Diseases)	$0	$284,882	$31,715
Timothy Jessen Md (Chair Physicians Councel)	$0	$253,178	$50,270

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990

Filed on Oct. 4, 2023

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Fiscal Year Ending Dec.
2021

Revenue

$169,840,576

Expenses

$138,980,643

Net Income

$30,859,933

Net Assets

$90,301,346

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$210,921	0.1%
Program Services	$168,398,949	99.2%
Investment Income	$1,187,738	0.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$42,968	0.0%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,060,362	0.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$38,292,098	27.6%

Assets/Debt
Total Assets	$127,271,445
Total Liabilities	$36,970,099
Net Assets	$90,301,346

Operated hospital facilities

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Arshad Shaikh Md (Physician)	$765,175	$0	$22,860
Keith Martin Md (Physician)	$439,010	$0	$46,644
Clarence Parks Md (Physician)	$406,734	$0	$28,864
Mark S Gridley (President/Ceo)	$345,277	$211,621	$55,586
Mohamad Salama Md (Physician)	$297,798	$0	$11,525
Irena Markovic Md (Physician)	$285,619	$0	$19,464
Beth Kalnins Md (Medical Staff)	$248,491	$0	$35,530
Kathryn J Martinez (Vp Of Patient Service)	$241,411	$0	$45,940
Michael C Clark (Executive Vp/Cfo)	$200,591	$122,943	$53,509
Leonard Carter (Chief Human Resources Officer)	$137,416	$84,224	$35,626
Neal Richardson (Chairman)	$0	$0	$0
Heather Mcpherson (Vice Chairman)	$0	$0	$0
Mark Wright (Treasurer)	$0	$0	$0
Richard Chang (Secretary)	$0	$0	$0
Steven Kneubuehl (Past Chairman)	$0	$0	$0
Carol Schuster (Board Member)	$0	$0	$0
Bruce Baldwin (Board Member)	$0	$0	$0
Gary Quinn (Board Member)	$0	$0	$0
Glenda Koeller (Board Member)	$0	$0	$0
Dan Schmitt (Board Member)	$0	$0	$0
Shokry Tawfik Md (Board Member)	$0	$136,690	$28,876
Rebecca Pederson Md (Chief Quality Officer)	$0	$376,988	$32,311
Robert Geller Md (President Medical Staff)	$0	$355,811	$26,330
Timothy Jessen Md (Chair Physicians Councel)	$0	$278,059	$50,204

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990

Filed on Aug. 31, 2022

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Fiscal Year Ending Dec.
2020

Revenue

$163,062,274

Expenses

$130,297,402

Net Income

$32,764,872

Net Assets

$84,367,121

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$377,035	0.2%
Program Services	$162,177,867	99.5%
Investment Income	$504,311	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$3,061	0.0%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$738,717	0.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$35,073,469	26.9%

Assets/Debt
Total Assets	$124,710,345
Total Liabilities	$40,343,224
Net Assets	$84,367,121

Operated hospital facilities

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Arshad Shaikh Md (Physician)	$791,857	$0	$54,970
James A Kolka (Chief Physician Executive)	$366,433	$0	$24,061
Clarence Parks Md (Physician)	$365,994	$0	$34,564
Mark S Gridley (President/Ceo)	$331,273	$203,038	$60,153
Alan Esker Md (Physician)	$300,515	$0	$50,483
Maajid Ekkiswala Md (Physician)	$266,150	$0	$57,343
Kumud Shah Md (Physician)	$255,750	$0	$276
Kathryn J Martinez (Vp Of Patient Service)	$234,352	$0	$33,269
Michael C Clark (Executive Vp/Cfo)	$190,783	$116,932	$36,079
Leonard Carter (Human Resources)	$133,230	$81,656	$38,332
Carol Schuster (Past Chairman)	$0	$0	$0
Neal Richardson (Vice Chairman)	$0	$0	$0
Mark Wright (Treasurer)	$0	$0	$0
Steven Kneubuehl (Chairman)	$0	$0	$0
Bruce Baldwin (Director)	$0	$0	$0
Heather Mcpherson (Secretary)	$0	$0	$0
Gary Quinn (Board Member)	$0	$0	$0
Richard Chang (Board Member)	$0	$0	$0
Shokry Tawfik Md (Board Member)	$0	$220,548	$25,721
Rebecca Pederson Md (Chief Quality Officer)	$0	$376,099	$24,441
Robert Geller Md (President Medical Staff)	$0	$328,577	$28,680
Beth Kalnins Md (Medical Staff)	$0	$280,844	$35,815
Michael Merry Md (Chair Physicians Councel)	$0	$333,591	$37,262

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990

Filed on Sept. 16, 2021

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Fiscal Year Ending Dec.
2019

Revenue

$157,673,978

Expenses

$133,086,703

Net Income

$24,587,275

Net Assets

$72,948,965

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$351,909	0.2%
Program Services	$156,335,729	99.2%
Investment Income	$976,391	0.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$9,949	0.0%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$745,773	0.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$35,191,109	26.4%

Assets/Debt
Total Assets	$100,084,813
Total Liabilities	$27,135,848
Net Assets	$72,948,965

Operated hospital facilities

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Arshad Shaikh Md (Physician)	$612,251	$0	$37,408
James A Kolka (Chief Physician Executive)	$377,612	$0	$43,412
Clarence Parks Md (Physician)	$354,965	$0	$24,513
Mark S Gridley (President/Ceo)	$306,517	$187,865	$77,340
Alan Esker Md (Physician)	$304,417	$0	$46,812
Maajid Ekkiswala Md (Physician)	$249,021	$0	$50,399
Irene Markovic Md (Physician)	$247,967	$0	$31,447
Kathryn J Martinez (Vp Of Patient Service)	$209,585	$0	$54,264
Michael C Clark (Executive Vp/Cfo)	$190,809	$116,947	$85,456
Leonard Carter (Human Resources)	$123,851	$75,908	$38,165
Carol Schuster (Past Chairman)	$0	$0	$0
Steven Kneubuehl (Chairman)	$0	$0	$0
Bruce Baldwin (Director)	$0	$0	$0
Heather Mcpherson (Secretary)	$0	$0	$0
Gary Quinn (Board Member)	$0	$0	$0
Richard Chang (Board Member)	$0	$0	$0
Shokry Tawfik Md (Board Member)	$0	$264,902	$52,438
Neal Richardson (Vice Chairman)	$0	$0	$0
Mark Wright (Treasurer)	$0	$0	$0
Rebecca Pederson Md (Chief Quality Officer)	$0	$374,586	$57,409
Robert Geller Md (President Medical Staff)	$0	$308,801	$42,467
Beth Kalnins Md (Medical Staff)	$0	$257,091	$30,200
Michael Merry Md (Chair Physicians Councel)	$0	$521,694	$58,559

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990

Filed on Sept. 16, 2020

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Fiscal Year Ending Dec.
2018

Revenue

$155,803,811

Expenses

$128,619,991

Net Income

$27,183,820

Net Assets

$73,638,065

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$307,813	0.2%
Program Services	$154,587,412	99.2%
Investment Income	$771,167	0.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$137,419	0.1%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$759,278	0.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$33,102,173	25.7%

Assets/Debt
Total Assets	$99,601,603
Total Liabilities	$25,963,538
Net Assets	$73,638,065

Operated hospital facilities

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Arshad Shaikh Md (Physician)	$544,244	$0	$47,890
Michael Merry Md (Chair Physicians Councel)	$499,594	$0	$26,258
James A Kolka (Chief Physician Executive)	$339,659	$0	$42,211
Mark S Gridley (President/Ceo)	$284,027	$174,081	$72,963
Alan Esker Md (Physician)	$266,210	$0	$45,708
Beth Kalnins Md (Medical Staff)	$249,830	$0	$34,044
Maajid Ekkiswala Md (Physician)	$241,620	$0	$40,832
Kathryn J Martinez (Vp Of Patient Service)	$218,895	$0	$53,607
Michael C Clark (Executive Vp/Cfo)	$211,799	$129,812	$81,201
Robin Scalise (Imaging Director)	$179,412	$0	$48,746
Michael G Weaver (Pharmacy Director)	$145,497	$0	$37,395
Leonard Carter (Human Resources)	$144,902	$88,810	$37,045
Carol Schuster (Past Chairman)	$0	$0	$0
Steven Kneubuehl (Chairman)	$0	$0	$0
Bruce Baldwin (Director)	$0	$0	$0
Heather Mcpherson (Secretary)	$0	$0	$0
Gary Quinn (Board Member)	$0	$0	$0
Richard Chang (Board Member)	$0	$0	$0
Shokry Tawfik Md (Board Member)	$0	$309,056	$50,830
Neal Richardson (Vice Chairman)	$0	$0	$0
Mark Wright (Treasurer)	$0	$0	$0
Rebecca Pederson Md (Chief Quality Officer)	$0	$345,449	$50,999
Robert Geller Md (President Medical Staff)	$0	$362,010	$41,355

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990

Filed on Sept. 10, 2019

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Fiscal Year Ending Dec.
2017

Revenue

$141,512,963

Expenses

$119,790,890

Net Income

$21,722,073

Net Assets

$71,026,935

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$628,714	0.4%
Program Services	$140,449,734	99.2%
Investment Income	$449,812	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$15,297
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,096,372	0.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$32,053,962	26.8%

Assets/Debt
Total Assets	$99,530,948
Total Liabilities	$28,504,013
Net Assets	$71,026,935

Operated hospital facilities

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Arshad Shaikh Md (Physician)	$527,604	$0	$54,267
Clarence Parks Md (Board Member)	$330,373	$0	$39,920
Beth Kalnins Md (Medical Staff)	$256,400	$0	$33,625
Alan Esker Md (Physician)	$254,831	$0	$50,689
Mark S Gridley (President/Ceo)	$249,604	$152,981	$89,011
Maajid Ekkiswala Md (Physician)	$228,000	$0	$50,937
Kathryn J Martinez (Vp Of Patient Service)	$201,729	$0	$32,095
Michael C Clark (Executive Vp/Cfo)	$188,320	$115,420	$81,585
Robin Scalise (Imaging Director)	$172,732	$0	$33,358
James A Kolka (Chief Physician Executive)	$156,426	$0	$14,683
Leonard Carter (Human Resources)	$126,103	$77,289	$34,910
Michael Perry Md (Former President/Ceo)	$106,039	$64,991	$75,009
Carol Schuster (Chairman)	$0	$0	$0
Steven Kneubuehl (Vice Chairman)	$0	$0	$0
Ken Thompson (Board Member)	$0	$0	$0
Heather Mcpherson (Secretary)	$0	$0	$0
Gary Quinn (Board Member)	$0	$0	$0
Richard Chang (Board Member)	$0	$0	$0
Rebecca Pederson Md (Chief Quality Officer)	$0	$343,589	$57,265
Robert Geller Md (President Medical Staff)	$0	$310,792	$39,305
Shokry Tawfik Md (Board Member)	$0	$321,594	$58,684
Neal Richardson (Treasurer)	$0	$0	$0
Mark Wright (Board Member)	$0	$0	$0
Michael Merry Md (Chair Physicians Councel)	$0	$379,166	$25,682

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990

Filed on Oct. 22, 2018

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Fiscal Year Ending Dec.
2016

Revenue

$136,474,439

Expenses

$136,256,770

Net Income

$217,669

Net Assets

$44,470,652

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$198,507	0.1%
Program Services	$135,525,451	99.3%
Investment Income	$333,151	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$118,633	0.1%
Net Inventory Sales	$0
Other Revenue	$298,697	0.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,696,693	1.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$29,998,738	22.0%

Assets/Debt
Total Assets	$73,154,862
Total Liabilities	$28,684,210
Net Assets	$44,470,652

Operated hospital facilities

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael Perry Md (President/Ceo)	$368,655	$216,511	$82,706
Clarence Parks Md (Board Member)	$330,240	$0	$33,016
Alan Esker Md (Physician)	$266,576	$0	$52,477
Beth Kalnins Md (Medical Staff)	$249,396	$0	$31,431
Maajid Ekkiswala Md (Physician)	$225,874	$0	$34,464
Michael C Clark (Executive Vp/Cfo)	$191,164	$112,270	$80,053
Kathryn J Martinez (Vp Of Patient Service)	$185,989	$0	$36,506
Mark S Gridley (Executive Vp/Coo)	$175,896	$103,302	$59,338
Robin Scalise (Imaging Director)	$159,104	$0	$32,364
Michael G Weaver (Pharmacy Director)	$157,961	$0	$44,867
William Palmquist (Former Pharmacist)	$138,842	$0	$38,356
Leonard Carter (Human Resources)	$134,000	$78,697	$32,358
Hyo Jin Kim (Hospitalist)	$104,962	$0	$12,975
Carol Schuster (Chairman)	$0	$0	$0
Steven Kneubuehl (Vice Chairman)	$0	$0	$0
Ken Thompson (Board Member)	$0	$0	$0
Larry Main (Secretary)	$0	$0	$0
Gary Quinn (Board Member)	$0	$0	$0
Heather Mcpherson (Board Member)	$0	$0	$0
Rebecca Pederson Md (Board Member)	$0	$342,964	$28,015
Robert Geller Md (President Medical Staff)	$0	$257,473	$38,450
Neal Richardson (Board Member)	$0	$0	$0
Mark Wright (Board Member)	$0	$0	$0
Michael Merry Md (Chair Physicians Councel)	$0	$0	$0

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990

Filed on Sept. 11, 2017

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990-T

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Fiscal Year Ending Dec.
2015

Revenue

$136,501,331

Expenses

$110,135,685

Net Income

$26,365,646

Net Assets

$47,664,484

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$125,594	0.1%
Program Services	$136,151,353	99.7%
Investment Income	$269,506	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$45,122
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$990,544	0.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$30,570,863	27.8%

Assets/Debt
Total Assets	$87,094,468
Total Liabilities	$39,429,984
Net Assets	$47,664,484

Operated hospital facilities

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael Perry Md (President/Ceo)	$348,108	$204,443	$80,549
Clarence Parks Md (Hospitalist)	$310,211	$0	$37,502
Alan Esker Md (Physician)	$279,382	$0	$56,441
Beth Kalnins Md (Medical Staff)	$233,716	$0	$31,904
Hyo Jin Kim (Hospitalist)	$212,320	$0	$26,778
Michael C Clark (Executive Vp/Cfo)	$185,111	$108,717	$80,392
Nancy V Cutler (Vp Of Nursing Cno)	$171,445	$0	$17,074
Mark S Gridley (Executive Vp/Coo)	$166,060	$97,525	$59,727
Robin Scalise (Imaging Director)	$153,949	$0	$31,977
Michael G Weaver (Pharmacy Director)	$153,074	$0	$43,925
William Spangler (Asst. Vp Finance)	$140,474	$0	$52,299
Leonard Carter (Human Resources)	$134,010	$78,703	$28,949
William Palmquist (Former Pharmacist)	$128,430	$0	$41,180
Carol Schuster (Chairman)	$0	$0	$0
Steven Kneubuehl (Vice Chairman)	$0	$0	$0
Ellen Poppen (Treasurer)	$0	$0	$0
Larry Main (Secretary)	$0	$0	$0
Gary Fontana (Board Member)	$0	$0	$0
Heather Mcpherson (Board Member)	$0	$0	$0
Rebecca Pederson Md (Board Member)	$0	$300,957	$49,883
Neal Richardson (Board Member)	$0	$0	$0
Mark Wright (Board Member)	$0	$0	$0
Michael Merry Md (Chair Physicians Councel)	$0	$0	$0
Kevin Draxinger Md (President Medical Staff)	$0	$0	$0
Robert Geller Md (Vp Of Medical Affairs)	$0	$310,635	$74,784

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990

Filed on Aug. 9, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

PDF (2 of 2)

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2014

Revenue

$139,470,387

Expenses

$110,811,437

Net Income

$28,658,950

Net Assets

$46,820,145

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$208,225	0.1%
Program Services	$138,964,364	99.6%
Investment Income	$308,590	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$10,792
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$912,123	0.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$30,281,918	27.3%

Assets/Debt
Total Assets	$80,290,021
Total Liabilities	$33,469,876
Net Assets	$46,820,145

Operated hospital facilities

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael Perry Md (President/Ceo)	$319,598	$187,699	$91,809
Clarence Parks Md (Hospitalist)	$294,856	$0	$36,657
Alan Esker Md (Physician)	$249,909	$0	$55,788
Beth Kalnins Md (Medical Staff)	$246,995	$0	$29,870
Lucio Martinez Md (Physician)	$233,105	$0	$31,249
Hyo Jin Kim (Hospitalist)	$213,137	$0	$23,156
Nancy V Cutler (Vp Of Nursing Cno)	$197,834	$0	$60,916
Michael C Clark (Executive Vp/Cfo)	$164,189	$96,426	$79,602
Michael G Weaver (Pharmacy Director)	$145,051	$0	$43,167
Mark S Gridley (Executive Vp/Coo)	$143,486	$84,269	$64,957
Robin Scalise (Imaging Director)	$141,505	$0	$25,901
Thomas Wagner (Pharmacist)	$133,218	$0	$39,000
William Spangler (Asst. Vp Finance)	$124,426	$0	$53,580
William Palmquist (Former Pharmacist)	$123,508	$0	$50,306
Leonard Carter (Human Resources)	$117,387	$68,940	$29,447
Carol Schuster (Chairman)	$0	$0	$0
Steven Kneubuehl (Vice Chairman)	$0	$0	$0
Ellen Poppen (Treasurer)	$0	$0	$0
Larry Main (Secretary)	$0	$0	$0
Gary Fontana (Board Member)	$0	$0	$0
Heather Mcpherson (Board Member)	$0	$0	$0
Rebecca Pederson Md (Board Member)	$0	$311,749	$57,822
Neal Richardson (Board Member)	$0	$0	$0
Mark Wright (Board Member)	$0	$0	$0
Allen Workman Md (Chair Physicians Councel)	$0	$0	$0
See filing for compensation of 2 other people →

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990

Filed on Sept. 21, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2013

Revenue

$141,781,184

Expenses

$114,122,168

Net Income

$27,659,016

Net Assets

$52,521,602

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$94,007	0.1%
Program Services	$141,108,646	99.5%
Investment Income	$489,152	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$1,123
Net Inventory Sales	$0
Other Revenue	$90,502	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,239,807	1.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$28,907,276	25.3%

Assets/Debt
Total Assets	$79,575,417
Total Liabilities	$27,053,815
Net Assets	$52,521,602

Operated hospital facilities

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael Perry Md (President/Ceo)	$354,433	$208,158	$83,128
Alan Esker Md (Physician)	$270,034	$0	$61,035
Lucio Martinez Md (Physician)	$222,758	$0	$57,828
Nancy V Cutler (Vp Of Nursing Cno)	$218,825	$0	$51,798
Michael C Clark (Executive Vp/Cfo)	$170,033	$99,860	$76,809
Sharon Summers (Executive Vp/Coo)	$152,146	$89,354	$64,594
Michael G Weaver (Pharmacy Director)	$144,417	$0	$51,249
Robin Scalise (Imaging Director)	$140,667	$0	$24,409
William Spangler (Asst. Vp Finance)	$140,619	$0	$46,992
Young J Roh (Pharmacist Clinical)	$125,418	$0	$28,149
Leonard Carter (Human Resources)	$124,540	$73,142	$29,082
Thomas Wagner (Pharmacist)	$123,170	$0	$44,097
Beth Kalnins Md (Medical Staff)	$121,887	$0	$12,810
William Palmquist (Former Pharmacist)	$120,580	$0	$51,218
Wendy Lawler (Former Laboratory Director)	$116,053	$0	$33,875
Renato P Regalado (Rn)	$100,978	$0	$45,218
Carol Schuster (Chairman)	$0	$0	$0
Steven Kneubuehl (Vice Chairman)	$0	$0	$0
Ellen Poppen (Treasurer)	$0	$0	$0
Larry Main (Secretary)	$0	$0	$0
Gary Fontana (Board Member)	$0	$0	$0
Doug Freidag (Board Member)	$0	$0	$0
Rebecca Pederson Md (Board Member)	$0	$349,083	$58,267
Zachary Fulton Md (President Medical Staff)	$0	$0	$0
Neal Richardson (Board Member)	$0	$0	$0
See filing for compensation of 4 other people →

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990

Filed on Aug. 11, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2012

Revenue

$133,864,769

Expenses

$107,283,036

Net Income

$26,581,733

Net Assets

$41,091,334

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$191,173	0.1%
Program Services	$133,450,207	99.7%
Investment Income	$301,343	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$77,954
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$882,542	0.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$27,857,265	26.0%

Assets/Debt
Total Assets	$73,410,812
Total Liabilities	$32,319,478
Net Assets	$41,091,334

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2011

Revenue

$125,486,394

Expenses

$108,878,058

Net Income

$16,608,336

Net Assets

$36,663,827

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$237,411	0.2%
Program Services	$124,966,015	99.6%
Investment Income	$279,991	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$2,977	0.0%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,120,056	1.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$29,661,358	27.2%

Assets/Debt
Total Assets	$71,249,362
Total Liabilities	$34,585,535
Net Assets	$36,663,827

Fiscal Year Ending Dec.
2003

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2002

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2001

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated December 20, 2024

Freeport Memorial Hospital

Organization summary

Type of Nonprofit

Details

Summary charts: organization finances over time

Revenue $175M (2023)

Expenses $154M (2023)

Total Assets $102M (2023)

Total Liabilities $31.1M (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

990-T

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

990-T

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

990-T

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

990-T

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

990-T

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

990-T

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

990-T

Revenue

$175M (2023)

Expenses

$154M (2023)

Total Assets

$102M (2023)

Total Liabilities

$31.1M (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001