Beacon Health System
Legal name: Beacon Medical Group Inc
Nonprofit profile at a glance
- EIN
- 351536132
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- South Bend, IN, US
- Phone
- 574-647-8400
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Community Health Systems
Reported finances
- Revenue
- $219,621,077
- Expenses
- $331,755,878
- Assets
- $105,464,034
- Liabilities
- $32,146,191
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- Kreg R Gruber (CEO)
- Dale A Patterson (President)
Highest reported compensation
- Matthew Koscielski MD (Employed Physician): $2,488,206 total reported compensation
- Kreg R Gruber (CEO): $2,136,422 total reported compensation
- Neal B Patel (Employed Physician): $1,965,008 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Exceptional care, close to home.
What it reported doing in 2024
Beacon Medical Group, Inc. (BMG) operates a multi-specialty care network, and also operates the Beacon Medical Group Clinical Research Institute ("Clinical Research"). Clinical Research is currently focused on pharmacology studies. The pharmacology studies involve patients with specific conditions or diseases. Clinical Research has brought the following positive benefits to BMG: improved patient care - brings BMG physicians and nurses closer to leading-edge medicine. Corporate positioning - clinical research can enhance BMG's identity and brand, it can provide a means to meet physicians' academic needs and enhance physician recruitment.
Operating model
- Revenue model
- Other-operating. 99% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 85
- Transparency & Controls: 71
- Accountability: 91
- Sustainability: 14
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 88.6%; rating input score 89
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -51.1%; rating input score 1; 1st percentile among comparable filings
- Total-asset coverage ratio: 0.32; rating input score 11; 11th percentile among comparable filings
- Liabilities to assets ratio: 0.3; rating input score 55; 55th percentile among comparable filings
- Officer compensation ratio: 3.3%; rating input score 34; 34th percentile among comparable filings
Growth
- Program expense growth: 7.7% per year; rating input score 100; 62nd percentile among comparable filings
- Revenue growth: 7% per year; rating input score 100; 60th percentile among comparable filings
- Asset growth: 1% per year; rating input score 100; 10th percentile among comparable filings
Details
- What they do: 2 operating locations identified
- Where the money goes: 100% of revenue deployed · 88.6% of spending went to programs
- Governance: 9 of 9 board members independent · 7 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $293.8M in reported program spending
- Leadership: top reported pay $2.5M · 18 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $15.1M reported
- Consistency: 32 of 32 current checks pass
- Schedules: 7 filed schedules · includes major donors, executive pay, and related organizations
- Filing history: 13 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 14 filed money-flow records
- Related organizations: 10 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Sustainability: Operating margin scored 1/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Sustainability: Total-asset coverage ratio scored 11/100.
- Moderate — Sustainability: Officer compensation ratio scored 34/100.
- Review — Sustainability: Liabilities to assets ratio scored 55/100.