EIN 36-3290904

Freeport Regional Health Care Foundation (FHN)

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Freeport
Year formed
1984
Most recent tax filings
2023-12-01
Description
FHN, together with those we serve, improves health and provides superior, quality healthcare services. Respect, dignity and compassion guide our interactions, while leadership and wise stewardship of resources direct the process.
Related structure
FHN is a subordinate organization under Freeport Memorial Hospital (FHN).
Total revenues
$44,131,773
2023
20192020202120222023$41m$43m$45m
Total expenses
$69,216,336
2023
20192020202120222023$65m$67m$69m
Total assets
$42,191,160
2023
20192020202120222023$41m$43m$45m
Num. employees
0
2023
2019202020212022202300.51

Program areas at FHN

Freeport Regional Health Care Foundation provides physician services to patients in five northwestern Illinois counties. The Foundation ensures continued access to Care by serving patients in medically underserved areas.
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.
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.
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.

Who funds Freeport Regional Health Care Foundation (FHN)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Schwab Charitable FundHealth$119,500
Gerald K Meier Charitable Trust %union Savings BankSupport Payment$30,902
United Way of Northwest IllinoisTo Assist With Progr$8,869
...and 2 more grants received

Personnel at FHN

NameTitleCompensation
Mark S Gridley/ President and Chief Executive Officer$271,598
Kathryn MartinezChief Nursing Officer and Chief Operating Officer$0
Michael ClarkChief Financial Officer$130,289
Leonard M CarterVice President - Human Resources / Human Resources Vice President$88,692
Al EvonDirector

Financials for FHN

RevenuesFYE 12/2023
Total grants, contributions, etc.$93,865
Program services$43,797,247
Investment income and dividends$47,482
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$182,120
Net gain from sale of non-inventory assets$-38,534
Net income from fundraising events$49,593
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$44,131,773

Form 990s for FHN

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-18990View PDF
2022-122023-08-22990View PDF
2021-122022-08-31990View PDF
2020-122021-09-08990View PDF
2019-122021-10-20990View PDF
...and 10 more Form 990s

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Data update history
February 6, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 5, 2025
Used new vendors
Identified 3 new vendors, including , , and
October 3, 2024
Updated personnel
Identified 7 new personnel
August 26, 2024
Received grants
Identified 3 new grant, including a grant for $30,902 from Gerald K Meier Charitable Trust %union Savings Bank
April 25, 2024
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsHospitalsHealth organizationsChapter / child organizations
Issues
Health
Characteristics
Fundraising eventsState / local levelTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
1045 W Stephenson St
Freeport, IL 61032
County
Stephenson County, IL
Website URL
fhn.org/ 
Phone
(815) 599-6209
IRS details
EIN
36-3290904
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1984
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
E21: Community Health Systems
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Subordinate organization
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