Blessing Corporate Services Inc
Nonprofit profile at a glance
- EIN
- 371128706
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Quincy, IL, USA
- Phone
- 2172231200
- Rating
- 69
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Community Health Systems
Reported finances
- Revenue
- $24,371,943
- Expenses
- $21,470,680
- Assets
- $30,669,707
- Liabilities
- $33,435,593
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
25 people listed
Executive titles in this filing
- BRIAN T CANFIELD EXITED 42025 (PRES/CEO BCS)
Highest reported compensation
- DR HARSHA POLAVARAPU (TRUSTEE/PHYS): $1,211,055 total reported compensation
- BRIAN T CANFIELD EXITED 42025 (PRES/CEO BCS): $982,702 total reported compensation
- PATRICK M GERVELER (TREASURER &): $809,431 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purpose of blessing corporate services, inc. Is to establish, develop, conduct and/or expand health care services to its region. Blessing corporate services, inc. Is the sole member/shareholder and thus the parent company to all organizations within the blessing health system and manages all of the organizations.
What it reported doing in 2024
Blessing corporate services, inc. (bcs) is the parent company to the following organizations: blessing hospital - a not-for-profit acute care hospital located in quincy, il. The blessing foundation, inc. - raises, manages, and distributes charitable donations on behalf of the blessing health system. Denman services, inc. - a taxable corporation that is engaged primarily in the business of selling and renting medical equipment and operating a commercial laundry. The entity is a wholly owned subsidiary of blessing corporate services, inc. Blessingcare corporation - owns and operates illini community hospital, a not-for-profit acute care hospital located in pittsfield, il. Chs holding company - a taxable corporation that provides health insurance products and services. Blessing assurance company - a wholly owned foreign subsidiary of blessing corporate services, inc. That provides self-insurance to the affiliated group. The hannibal clinic, inc. - a taxable corporation that operates a physician clinic providing multi-specialty outpatient services to the region. It is a wholly owned subsidiary of blessing corporate services, inc. The blessing health system's strategic objectives for the upcoming years are as follows: 1) patient satisfaction increase percent promoters to 82% or higher 2) patient quality improve overall quality to 81% or higher 3) patient access increase patient office visits to greater than 8.4 visits per provider 4) fiscal health increase cash from operations greater than -1.1% achieve operating margin of greater than 1.5% 5) employee engagement achieve an engagement score of greater than 7.7 6) electronic health record change retention of greater than 90% for the epic system standardization
Operating model
- Revenue model
- Earned-program. 91% of the money available for current operations came from fees and other program 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 most voting board members are independent. The filing reports few safeguards for money sent abroad and the filing does not identify recipients for some grant dollars.
Rating breakdown
- Financial Efficiency: 66
- Transparency & Controls: 61
- Accountability: 95
- Sustainability: 49
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 69.8%; rating input score 70
- Program expense ratio: 80.3%; rating input score 80
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: Scored; rating input score 0
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 91.7%; rating input score 92; 24th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 11.9%; rating input score 71; 71st percentile among comparable filings
- Total-asset coverage ratio: 1.43; rating input score 49; 49th percentile among comparable filings
- Liabilities to assets ratio: 1.09; rating input score 4; 4th percentile among comparable filings
- Officer compensation ratio: 20.3%; rating input score 4; 4th percentile among comparable filings
Growth
- Program expense growth: -2.8% per year; rating input score 0; 5th percentile among comparable filings
- Revenue growth: 3.3% per year; rating input score 100; 28th percentile among comparable filings
- Asset growth: 7.8% per year; rating input score 100; 54th percentile among comparable filings
Details
- Where the money goes: 69.8% of revenue deployed · 80.3% of spending went to programs
- Governance: 11 of 12 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $17.2M in reported program spending
- Leadership: top reported pay $1.2M · 25 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $3M reported
- Consistency: 34 of 34 current checks pass
- Schedules: 8 filed schedules · includes major donors, foreign activity, executive pay, and related organizations
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 10 filed money-flow records
- Related organizations: 8 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Transparency & Controls: Grant itemization coverage scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
- High — Sustainability: Liabilities to assets ratio scored 4/100.
- High — Sustainability: Officer compensation ratio scored 4/100.