Iroquois Memorial Hospital
Legal name: Iroquois Memorial Hospital Foundation Inc
Nonprofit profile at a glance
- EIN
- 453834535
- IRS 990-EZ coverage
- 2022–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2020, Form 990-EZ 2024
- Location
- Watseka, IL, USA
- Phone
- 8154325841
- Rating
- 33
- Verdict
- REVIEW
- Rating confidence
- Limited
- Sector
- Support N.E.C.
Reported finances
- Revenue
- $146
- Expenses
- $0
- Assets
- $24,771
- Liabilities
- $8,006
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- MICHAEL TILSTRA (IMH CEO)
People named in this filing
- MICHAEL TILSTRA (IMH CEO)
- SHAWN BRANSKY (IMH CFO)
- RHONDA PENCE (CHAIR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Iroquois Memorial will provide cost-efficient, high quality, consumer-responsive health care services through a variety of delivery methods. Together we will create a system of coordinated health care for the people in our service area.
What it reported doing in 2024
The purpose of the foundation is to support iroquois memorial hospital in its mission to provide quality healthcare to the community and surrounding areas of watseka, il.
Operating model
- Revenue model
- Investment-supported. 100% of the money available for current operations came from recurring investment income.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 82
- Sustainability: 1
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: Limited
- Liabilities to assets ratio: 0.32; rating input score 11; 11th percentile among comparable filings
- Officer compensation ratio: Limited
Growth
- Program expense growth: Limited
- Revenue growth: -21.8% per year; rating input score 0; 14th percentile among comparable filings
- Asset growth: -25.3% per year; rating input score 0; 8th percentile among comparable filings
Details
- What they do: 1 operating location identified
- Where the money goes: 0% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Related organizations: 1 filed related-organization link
- 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 — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 11/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.