2026-06-29T13:55:58-05:00 2024-12-31 990 2024-01-01 363290904 FREEPORT REGIONAL HEALTH CARE FOUNDATION FREE 8155996209 1045 WEST STEPHENSON STREET FREEPORT IL 61032 MICHAEL CLARK CHIEF FINANCIAL OFFICER 8155996361 2026-06-29 0 0 2024 2025-03-06 01:10:19Z MARK S GRIDLEY CEO 1045 W STEPHENSON ST FREEPORT IL 61032 44791477 0 X WWW.FHN.ORG X 1984 IL OUR MISSION IS TO IMPROVE THE HEALTH OF OUR COMMUNITIES, WORKING TOGETHER WITH THOSE WE SERVE 11 11 0 0 5103 1076 93865 416542 43797247 42116307 8948 2116570 231713 142058 44131773 44791477 0 0 0 0 40087134 41345668 0 0 299699 29129202 28680681 69216336 70026349 -25084563 -25234872 42191160 48672326 36898584 44639081 5292576 4033245 X SEE SCHEDULE O 0 0 14160468 31061576 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 32407889 10992127 OTHER UNCOMPENSATED CARE: THE FOUNDATION IS A LICENSED MEDICARE AND MEDICAID PROVIDER WITH APPROXIMATELY 68% 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 $21,415,762 FOR THE YEAR ENDING 12/31/2024. 46762 62604 CHARITY CARE: THE FOUNDATION PROVIDED CARE BENEFITS UP TO 300% OF THE FEDERALLY DETERMINED PROVERTY LEVEL. CHARGES FOREGONE FOR CHARITY CARE AMOUNTED TO APPROXIMATELY $62,604 IN 2024. ESTIMATED COSTS OF PROVIDING THESE SERVICES AMOUNTED TO APPROXIMATELY $46,762 IN 2024. 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 $46,000.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 2,500 PATIENT VISITS WERE PROVIDED IN 2024. 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 3,910 HEALTH SCREENS AND SPORTS PHYSICALS, 551 HOURS OF CONDITIONING AND TRAINING SUPPORT AND SPORTS MEDICINE TRAINERS AT SEVERAL EVENTS. THE ESTIMATED DIRECT AND INDIRECT COSTS OF THESE PROGRAMS WERE APPROXIMATELY $406,000.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 $74,000. 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 $274,000.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 2024, 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 $87,000.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 $46,000. 46615119 1 1 0 0 0 0 0 0 0 0 1 1 0 1 1 0 0 1 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X MICHAEL CLARK CFO 8155996209 1045 WEST STEPHENSON ST FREEPORT IL 61032 HEATHER MCPHERSON CHAIR 0.50 X 0 0 0 RICH CHANG VICE CHAIR 0.50 X 0 0 0 STEVE KNEUBUEHL TREASURER 0.50 X 0 0 0 BRUCE BALDWIN SECRETARY 0.50 X 0 0 0 MARK WRIGHT BOARD MEMBER 0.50 X 0 0 0 GARY QUINN BOARD MEMBER 0.50 X 0 0 0 SHOKRY TAWFIK MD BOARD MEMBER 0.50 X 0 0 0 GLENDA KOELLER BOARD MEMBER 0.50 X 0 0 0 DAN SCHMITT BOARD MEMBER 0.50 X 0 0 0 AMY BAKER BOARD MEMBER 0.50 X 0 0 0 KIMBERLY BEGGIN BOARD MEMBER 0.50 X 0 0 0 MARK GRIDLEY PRESIDENT/CEO 14.00 26.00 X 217047 369567 202208 MICHAEL C CLARK EXECUTIVE VP/CFO 14.00 26.00 X 128348 218539 76874 LEONARD CARTER CHIEF HUMAN RESOURCE OFFICER 14.00 26.00 X 86057 146530 49384 BETH KALNINS MD PRESIDENT MEDICAL STAFF 0.00 40.00 X 0 304382 34119 REBECCA PEDERSEN MD CHIEF QUALITY OFFICE 40.00 1.00 X 433707 0 57856 ROBERT GELLER MD HEAD OF INFECTIOUS DISEASES 40.00 1.00 X 239264 0 43868 TIMOTHY JESSEN MD CHAIR PHYSICIAN COUNCIL 40.00 0.50 X 303002 0 52848 CLARENCE PARKS MD CHAIR PHYSICIAN COUNCIL 0.00 40.00 X 0 430116 35064 KATHRYN J MARTINEZ CHIEF NURSING OFFICER 0.00 40.00 X 0 261916 201510 PRASAD KILARU PHYSICIAN 40.00 0.00 X 755899 0 17895 BARRY BARNES PHYSICIAN 40.00 0.00 X 671772 0 58847 MADHUSUDAN MALLADI PHYSICIAN 40.00 0.00 X 632011 0 66057 KEVIN DRAXINGER PHYSICIAN 40.00 0.00 X 541537 0 55190 TERRY MILLER PHYSICIAN 40.00 0.00 X 539380 0 45678 4548024 1731050 997398 74 0 1 0 COMPHEALTH PO BOX 972651 DALLAS TX 75397 PHYSICIAN SERVICES 1612601 JACKSON & COKER LOCUM TENENS LLC PO BOX 277638 ATLANTA GA 30384 PHYSICIAN SERVICES 811436 WEATHERBY LOCUMS INC PO BOX 972633 DALLAS TX 75397 PHYSICIAN SERVICES 752877 NORTHERN ILLINOIS TRAUMA 1235 N MULFORD STE 103 ROCKFORD IL 61107 PHYSICIAN SERVICES 383264 CAMELOT RADIOLOGY ASSOCIATES LTD 3849 N PERRYVILLE ROAD ROCKFORD IL 61108 PHYSICIAN SERVICES 225847 9 416542 416542 CORPORATE ALLOCATION 621400 20693412 20693412 PATIENT SERV REVENUE 621400 20234412 20229309 5103 OTHER MIS REVENUE 621400 935227 935227 GOVERNMENT PAYMENT 621400 253256 253256 42116307 2042975 2042975 114083 0 114083 114083 114083 73595 0 73595 73595 73595 27975 0 27975 27975 44791477 42184799 5103 2185033 1683529 1130545 552984 32092862 25259205 6608326 225331 643127 524877 112420 5830 4950367 102007 4848360 1975783 1479382 480483 15918 135015 135015 100298 100298 669629 669629 1266064 1266064 826496 346561 479935 52253 31446 20807 195904 183571 11817 516 664397 664397 2029740 615725 1414015 1254368 907534 346834 CORPORATE ALLOCATION 5862855 5862855 MEDICAL SPECIALIST 4920593 4920593 CONTRACTED SERVICES 4634090 1450309 3176068 7713 REPAIRS AND MAINTENANCE 1741735 323418 1410490 7827 4327244 3477091 813589 36564 70026349 46615119 23111531 299699 3816795 3866183 2652691 1659497 2190214 2019130 60301902 43542047 18089377 16759855 2794923 3089907 2717286 2955504 1639282 1639282 8290592 16682968 42191160 48672326 2637613 3536404 30290000 29190000 3970971 11912677 36898584 44639081 X 1929482 2264910 3363094 1768335 5292576 4033245 42191160 48672326 X -25234872 1118052 22857489 X 0 1 X 1 0 X X X 1 FREEPORT MEMORIAL HOSPITAL 362181997 3 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2587442 2587442 38586436 27499972 11086464 2202173 2000245 201928 16796609 13951387 2845222 129242 90443 38799 16759855 2955504 F 2955504 ADVANCES TO MEMORIAL ENTERPRISES 39743 ASSETS WHOSE USE IS LIMITED 4238092 DEFERRED BOND COSTS 137153 DEFERRED COMPENSATION PLAN ASSETS 9646397 DUE FROM JAHS 197729 DUE FROM JANE ADDAMS 346867 DUE FROM NIHA -8597 INVESTMENT IN TRI-RIVERS 1735018 ROU ASSETS 350566 16682968 ABESTOS ASSET RETIREMENT OBLIGATION 210587 DEFERRED COMPENSATION PLAN LIABILITY 457B 7343165 DEFERRED COMPENSATION PLAN LIABILITY 457F 2303232 GIFT ANNUITY LIABILITY 79638 INTERCOMPANY PAYABLE 430167 LT LEASE LIABILITY 167916 MALPRACTICE LIABILITY CURRENT 119521 MALPRACTICE LIABILITY LONG TERM 1075683 ST LEASE LIABILITY 182768 11912677 PARTNERS IN GIVING 27975 27975 1 27975 27975 27975 1 X X X X X 0 1 0 0 0 0 0 0 0 MARK GRIDLEY PRESIDENT/CEO 197252 335862 0 0 19795 33705 56028 95399 18789 31992 291864 496958 0 0 MICHAEL C CLARK EXECUTIVE VP/CFO 98591 167872 0 0 29757 50667 11134 18959 17309 29472 156791 266970 0 0 LEONARD CARTER CHIEF HUMAN RESOURCE OFFICER 78657 133930 0 0 7400 12600 0 0 18272 31112 104329 177642 0 0 BETH KALNINS MD PRESIDENT MEDICAL STAFF 0 304137 0 245 0 0 0 0 0 34119 0 338501 0 0 REBECCA PEDERSEN MD CHIEF QUALITY OFFICE 394157 0 9050 0 30500 0 9659 0 48197 0 491563 0 0 0 ROBERT GELLER MD HEAD OF INFECTIOUS DISEASES 167336 0 42277 0 29651 0 7413 0 36455 0 283132 0 0 0 TIMOTHY JESSEN MD CHAIR PHYSICIAN COUNCIL 259841 0 12661 0 30500 0 30881 0 21967 0 355850 0 0 0 CLARENCE PARKS MD CHAIR PHYSICIAN COUNCIL 0 391666 0 0 0 38450 0 32252 0 2812 0 465180 0 0 KATHRYN J MARTINEZ CHIEF NURSING OFFICER 0 242480 0 0 0 19436 0 158340 0 43170 0 463426 0 0 PRASAD KILARU PHYSICIAN 725399 0 0 0 30500 0 15250 0 2645 0 773794 0 0 0 BARRY BARNES PHYSICIAN 625901 0 15371 0 30500 0 10350 0 48497 0 730619 0 0 0 MADHUSUDAN MALLADI PHYSICIAN 598043 0 3468 0 30500 0 28368 0 37689 0 698068 0 0 0 KEVIN DRAXINGER PHYSICIAN 315293 0 195744 0 30500 0 7076 0 48114 0 596727 0 0 0 TERRY MILLER PHYSICIAN 427674 0 81206 0 30500 0 4890 0 40788 0 585058 0 0 0 A CITY OF FREEPORT 366005886 NONEAVAIL 2001-06-20 13300000 CAPITAL EXPENDITURES 0 0 0 B CITY OF FREEPORT 366005886 NONEAVAIL 2008-06-30 8000000 CAPITAL EXPENDITURES 0 0 0 C STEPHENSON COUNTY IL 366006654 NONEAVAIL 2008-06-11 10000000 CAPITAL EXPENDITURES 0 0 0 D ILLINOIS FINANCE AUTHORITY 2014A 363290904 NC31317C1 2014-02-26 11412000 CAPITAL EXPENDITURES 0 0 0 A 13300000 266000 13300000 0 0 1 1 B 8000000 125000 8000000 0 0 1 1 C 10000000 170000 10000000 0 0 1 1 D 11412000 366548 11412000 0 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 D 0 0 0 0 0 0 1 A 0 0 1 0 0 0 0 0 0 B 0 0 1 0 0 0 0 0 0 C 0 0 1 0 0 0 0 0 0 D 0 0 1 0 0 0 0 0 0 A 1 B 1 C 1 D 1 A ILLINOIS FINANCE AUTHORITY 2014B 363290904 NC31315C1 2014-02-26 11412000 CAPITAL EXPENDITURES 0 0 0 A 11412000 366548 11412000 0 0 1 1 A 0 0 0 0 0 0 1 A 0 0 1 0 0 0 0 0 0 A 1 FORM 990, PART III, LINE 1 FHN IS A REGIONAL HEALTHCARE SYSTEM COMMITTED TO THE HEALTH AND WELL-BEING OF THE PEOPLE OF NORTHWEST ILLINOIS AND SOUTHERN WISCONSIN. WE HAVE SERVICES NEARBY FOR ALL AGES, SO EVERY MEMBER OF YOUR FAMILY CAN RECEIVE CARING, PERSONAL, PROFESSIONAL HEALTHCARE. AN AVERAGE OF 1,494 PEOPLE VISIT FHN EACH DAY FOR THEIR HEALTHCARE NEEDS (THAT'S MORE THAN 546,757 PATIENT VISITS PER YEAR). FHN IS THE ONLY HEALTHCARE PROVIDER IN OUR SERVICE AREA THAT OFFERS AFFILIATIONS WITH ALL THREE MAJOR HOSPITALS IN ROCKFORD, ILLINOIS, AS WELL AS WITH THE UNIVERSITY OF WISCONSIN HOSPITAL AND CLINICS IN MADISON, WISCONSIN. WE SEE EACH PATIENT INTERACTION AS A SERIOUS RESPONSIBILITY THAT REQUIRES CLINICAL EXPERTISE, ACCESS TO THE LATEST IN MEDICAL TECHNOLOGY AND A LEVEL OF TRUST AND COMMITMENT THAT IS EARNED BY OUR PEOPLE, OUR PRODUCTS AND OUR PROCESSES. THE FHN HEALTHCARE SYSTEM ENCOMPASSES: FHN MEMORIAL HOSPITAL, LOCATED IN FREEPORT, ILLINOIS OVER 100 MEDICAL AND ALLIED HEALTH STAFF OVER 39 SPECIALTIES 7 REGIONAL LOCATIONS IN FIVE COUNTIES 4 FAMILY HEALTHCARE LOCATIONS IN FREEPORT 3 SPECIALTY CARE LOCATIONS IN FREEPORT FHN LEONARD C. FERGUSON CANCER CENTER FHN FAMILY COUNSELING CENTER OCCUPATIONAL HEALTH SERVICES HOSPICE NORTHERN ILLINOIS HEALTH PLAN SERVING MORE THAN 17,000 INDIVIDUAL MEMBERS. FHN CONSISTENTLY RANKS HIGHER THAN THE NATIONAL AVERAGE WHEN IT COMES TO PATIENT SATISFACTION, AND WE CONTINUALLY SET EXTREMELY DEMANDING GOALS IN THIS AREA. FHN ALSO IS DEDICATED TO EMPLOYEE SATISFACTION, WHICH HELPS US ATTRACT A TALENTED AND DEDICATED WORKFORCE AND MAINTAIN A LOW EMPLOYEE TURNOVER RATE. WE'RE A PART OF YOUR COMMUNITY. AND WE WANT TO KEEP IT HEALTHY, BOTH ECONOMICALLY AND PHYSICALLY AT WORK, AT PLAY, ON THE FARM, AT SCHOOL AND AT HOME. IN 2006, WE FORMED A PARTNERSHIP WITH THE STEPHENSON COUNTY HEALTH DEPARTMENT TO PROVIDE HEALTHCARE SERVICES FOR THE UNINSURED, UNDERINSURED AND MEDICALLY INDIGENT AT THE FHN COMMUNITY HEALTHCARE CENTER, LOCATED AT THE FORMER CRUSADER COMMUNITY CLINIC INSIDE THE HEALTH DEPARTMENT BUILDING. AND IN SUPPORT OF THE LOCAL UNITED WAY, EACH YEAR OUR EMPLOYEES MAKE THEIR PERSONAL CONTRIBUTIONS, AVERAGING OVER $15,000, AND ALSO SERVE IN LEADERSHIP POSITIONS FOR MANY COMMUNITY ORGANIZATIONS AND BOARDS. FHN IS A COMMUNITY HEALTHCARE SYSTEM, COMPRISED OF LOCAL EXPERTS, INSPIRED BY GLOBAL INNOVATION AND GROUNDED BY ETHICAL LEADERSHIP. AS YOUR PARTNER IN HEALTH, YOU CAN COUNT ON US TO FOCUS ON YOUR WELL-BEING AND FURNISH YOU WITH EXCEPTIONAL HEALTHCARE EVERY STEP OF THE WAY. FREEPORT REGIONAL HEALTH CARE FOUNDATION PROVIDES MEDICALLY NECESSARY CARE TO PATIENTS REGARDLESS OF ABILITY TO PAY AND IN MEDICALLY UNDERSERVED AREAS. INSURED AND UNDERINSURED PATIENTS, WHO MEET CERTAIN FEDERAL POVERTY GUIDELINES AND/OR OTHER UNIQUE CIRCUMSTANCES, ARE PROVIDED FREE OR DISCOUNTED CARE AFTER A NOMINAL CO-PAYMENT. BECAUSE THE FOUNDATION DOES NOT PURSUE COLLECTION OF AMOUNTS DETERMINED TO BE CHARITY CARE, THEY ARE NOT REPORTED AS REVENUE. THE FOUNDATION MAINTAINS RECORDS TO IDENTIFY AND MONITOR THE AMOUNT OF CHARITY CARE IT PROVIDES. DURING 2024, THE CHARGES FOREGONE FOR SERVICES AND SUPPLIES FURNISHED UNDER THE FOUNDATION'S CHARITY CARE POLICY WAS $62,604 AT A COST OF $46,762. FREEPORT REGIONAL HEALTH CARE FOUNDATION IS A LICENSED MEDICARE AND MEDICAID PROVIDER WITH APPROXIMATELY 68% OF ITS PATIENT BASE QUALIFYING FOR AT LEAST ONE OF THESE PROGRAMS. AT PRESENT, THE REIMBURSEMENT RATES FOR BOTH PROGRAMS DO NOT FULLY COVER THE COST OF CARE TO THESE PATIENTS. THE ESTIMATED UNFUNDED COSTS OF SERVICES FOR MEDICAID PATIENTS WERE APPROXIMATELY $5,078,330 FOR THE YEAR ENDING 12/31/2024. MEDICARE PAYMENTS WERE APPROXIMATELY $16,337,432 LESS THAN THE FOUNDATION'S COST TO PROVIDE CARE DURING THE SAME PERIOD. IN ADDITION, THE COST OF CARE PROVIDED TO PEOPLE WHO DID NOT PAY WAS $461,922 IN 2024. FREEPORT REGIONAL HEALTH CARE FOUNDATION PROVIDES DISCOUNTS TO UNINSURED PATIENTS WITHOUT REGARD TO THEIR INCOME. FOR 2024 THESE DISCOUNTS TOTALED $74,456. THE ESTIMATED COSTS ATTRIBUTABLE TO THE DISCOUNTED PORTION OF THESE SERVICES WERE $55,611 FOR 2024. FREEPORT REGIONAL HEALTH CARE FOUNDATION 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. SERVICES OFFERED INCLUDE: DIAGNOSIS AND TREATMENT OF COMMON, ACUTE ILLNESSES AS WELL AS MANAGEMENT OF CHRONIC HEALTH PROBLEMS, INCLUDING NURSE PRACTITIONER EXAMS AND CONSULTING LAB TESTS, X-RAYS, AND HEALTH EDUCATION. THE ESTIMATED DIRECT AND INDIRECT COSTS OF THIS PROGRAM IN 2024 WERE $303,514. FREEPORT REGIONAL HEALTH CARE FOUNDATION AND ITS RELATED ORGANIZATIONS SUPPORT AND PARTICIPATE IN MANY COMMUNITY SERVICES AND OUTREACH PROGRAMS, INCLUDING SUPPORT FOR COMMUNITY HEALTH EDUCATION PROGRAMS, COMMUNITY-BASED CLINICAL SERVICES, HEALTH PROFESSIONAL EDUCATION, RESEARCH, SPONSORSHIP OF COMMUNITY EVENTS, AND COMMUNITY-BUILDING ACTIVITIES. THE FOUNDATION, IN COMBINATION WITH ITS RELATED ORGANIZATIONS, CONTRIBUTED $347,049 TOWARDS THESE PROGRAMS. PROGRAM SERVICE EXPENSES: $46,615,119 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S AUDIT COMMITTEE REVIEWS THE FORM 990 BEFORE THE TAX RETURN IS FILED. QUESTIONS AND EXPLANATIONS ARE ANSWERED BY THE FINANCE DEPARTMENT TO THE COMMITTEE'S SATSIFACTION. THE BOARD REVIEWS ALL TRANSACTIONS THAT AFFECT THE FILING OF THE ORGANIZATION'S FORM 990 AND EQUIVALENT STATE RETURNS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A DEDICATED CORPORATE COMPLIANCE OFFICER. ALL MEMBERS OF THE BOARD OF DIRECTORS, OFFICERS, TRUSTEES AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE ANNUALLY A CONFLICT OF INTEREST QUESTIONNAIRE. THESE DOCUMENTS ARE REVIEWED BY THE CCO TO DETERMINE IF ANY INDIVIDUAL HAS A CONFLICT OF INTEREST THAT NEEDS TO BE ADDRESSED. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION HAS AN EXECUTIVE COMPENSATION COMMITTEE THAT REVIEWS THE CEO, TOP MANAGEMENT AND EXECUTIVE DIRECTORS COMPENSATION. THE COMMITTEE RELIES ON INTERNAL AND EXTERNAL INFORMATION TO DETERMINE THE APPROPRIATE COMPENSATION AND EMPLOYS AN INDEPENDENT THIRD PARTY TO CONDUCT THE ANNUAL EXECUTIVE COMPENSATION ANALYSIS. THIS ANALYSIS IS USED TO DETERMINE IF THE BOARD'S WRITTEN EXECUTIVE COMPENSATION PHILOSOPHY HAS BEEN MET. THE EXECUTIVE COMPENSATION COMMITTEE ALSO RECEIVES A REASONABLENESS LETTER FROM THE THIRD PARTY. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: TRANSFER FROM AFFILIATE FMH 24,452,249. ASSETS RELEASED FROM TEMP RESTRICTED -20,716. INVESTMENT INCOME RESTRICTED 47,889. CONTRIBUTIONS AND OTHER PERM RESTRICTED 29,353. NET APPRECIATION RESTRICTED 0. 4TH QTR REQUESTS FUNDED IN 2025, NET 2023 4TH QTR -10,292. TRANSFER TO INTEREST INCOME -1,640,994. FREEPORT MEMORIAL HOSPITAL 1045 WEST STEPHENSON ST FREEPORT IL 61032 362181997 HEALTH CARE IL 501(C)(3) LINE 3 FREEPORT REGIONAL HEALTH CARE FOUNDATION 0 JANE ADDAMS INC 1045 WEST STEPHENSON ST FREEPORT IL 61032 362879689 HEALTH CARE IL 501(C)(3) LINE 7 FREEPORT REGIONAL HEALTH CARE FOUNDATION 0 JANE ADDAMS HEALTHCARE SERVICES INC 1045 WEST STEPHENSON ST FREEPORT IL 61032 363677357 HEALTH CARE IL 501(C)(3) LINE 11 FREEPORT REGIONAL HEALTH CARE FOUNDATION 0 MEMORIAL ENTERPRISES INC 1045 WEST STEPHENSON ST FREEPORT IL 61032 363353871 HEALTH CARE IL FREEPORT REGIONAL HEATH CARE FOUNDATION C 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0