Genesis Medical Center Aledo

Nonprofit profile at a glance

EIN
454475683
IRS 990 coverage
2013–2024
Forms available
Form 990 2024, Form 990-T 2024, Form 990-N 2011
Location
Aledo, IL, USA
Phone
3095829100
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Hospital, General

Official website

Reported finances

Revenue
$21,125,985
Expenses
$20,279,350
Assets
$20,300,292
Liabilities
$16,133,801

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

26 people listed

Executive titles in this filing

  • ROBERT RITZ (DIRECTOR, MERCYONE PRESIDENT & CEO)

Highest reported compensation

  • ROBERT RITZ (DIRECTOR, MERCYONE PRESIDENT & CEO): $2,471,013 total reported compensation
  • KURT ANDERSEN (FORMER OFF,MERCYONE CENTRAL IA PRES): $1,931,294 total reported compensation
  • JORDAN VOIGT (DIRECTOR, MERCYONE EASTERN IA PRES): $1,328,793 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

We, genesis medical center, aledo and trinity health, serve together in the spirit of the gospel as a compassionate and transforming healing presence within our communities.

What it reported doing in 2024

Genesis medical center, aledo (mercyone genesis aledo) is a 22-bed critical access hospital located in aledo, il that serves the health care needs of mercer county residents. Mercyone genesis aledo offers a wide range of inpatient, outpatient, emergency, and community health services delivered by highly-qualified health care professionals. Mercyone genesis aledo also offers services in family practice, pediatrics, internal medicine, psychology, integrative wellness, and women's health. The hospital provides comprehensive general health care, including physical examination, treatment, and monitoring of chronic and acute health problems, as well as injury treatment, for both adults and children. Specialty clinics include visiting physicians and nurse practitioners for services of the following: pain management, urology care, cardiac care, and surgery consultations and follow ups. Please see schedule h and our website for additional information about our services, recognitions, and awards: www.mercyone.org/location/mercyone-genesis-aledo-medical-center

Operating model

Revenue model
Earned-program. 99% 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 the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 71
  • Transparency & Controls: 71
  • Accountability: 75
  • Sustainability: 39
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 78.7%; rating input score 79
  • Program expense ratio: 82%; rating input score 82
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd 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: 73.3%; rating input score 73; 13th 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: 4%; rating input score 50; 50th percentile among comparable filings
  • Total-asset coverage ratio: 1; rating input score 36; 36th percentile among comparable filings
  • Liabilities to assets ratio: 0.79; rating input score 14; 14th percentile among comparable filings
  • Officer compensation ratio: 8.6%; rating input score 26; 26th percentile among comparable filings

Growth

  • Program expense growth: 4.1% per year; rating input score 100; 34th percentile among comparable filings
  • Revenue growth: 4.4% per year; rating input score 100; 38th percentile among comparable filings
  • Asset growth: -0.9% per year; rating input score 0; 8th percentile among comparable filings

Details

  • Where the money goes: 78.7% of revenue deployed · 82% of spending went to programs
  • Governance: 11 of 15 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $16.6M in reported program spending
  • Leadership: top reported pay $2.5M · 26 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 4 contractors listed · $2.9M reported
  • Consistency: 28 of 28 current checks pass
  • Schedules: 8 filed schedules · includes major donors, executive pay, and related organizations
  • Filing history: 12 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Related organizations: 308 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.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • Review — Sustainability: Operating margin scored 50/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 36/100.
  • High — Sustainability: Liabilities to assets ratio scored 14/100.
  • High — Sustainability: Officer compensation ratio scored 26/100.