St Margaret's Health-Peru

Nonprofit profile at a glance

EIN
362852553
IRS 990 coverage
2013–2021
Forms available
Form 990 2021
Location
Peru, IL, USA
Phone
8152233300
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Hospital, General

Official website

Reported finances

Revenue
$20,112,010
Expenses
$20,889,888
Assets
$61,240,861
Liabilities
$50,097,503

Source: IRS Form 990. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • Timothy A Muntz (Chair/President & CEO)

People named in this filing

  • Timothy A Muntz (Chair/President & CEO)
  • Kim Santman (VP of Finance/Director)
  • Tommy Hobbs (VP of Operations/Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

St. Margaret's Health Care, in union with the Sisters of Mary of the Presentation, is committed to the values of Catholic health care in caring for the needs of our patients and their families, the community and one another. Through our belief in God and our respect for life, we provide holistic quality health care with dignity and compassion.

What it reported doing in 2021

St. Margaret's Health-Peru is a 49-bed acute care hospital located in Peru, Illinois. The Hospital also operates a network of primary and specialty care physician clinics in Peru and the surrounding area. Services range from employed physicians and mid-levels in the specialties of Family Medicine, Internal Medicine, Obstetrics/Gynecology, Orthopedics, Otorhinolaryngology, and Sleep Medicine. (Continued on Sch. O)In addition to these physician practices, the Hospital also offers the Care Today Clinic which provides a lower-cost, convenient alternative to emergency room care. Contracted physician services are provided for Emergency Medicine, Anesthesiology, Pathology and Hospitalists' services. Inpatient hospital services provided include medical and surgical services, ICU, Obstetrics, Swing Beds, Diagnostic, Rehab and Treatment Services. Outpatient services include Surgery, Emergency Room, Laboratory, Diagnostic Imaging, Rehab Services, Pain Management, Sleep Therapy, Wound Management, Respiratory Care, EKG, other diagnostic and therapeutic services. Hospice services are also provided. St. Margaret's Health - Peru is a Medicare dependent Hospital and qualifies for disproportionate share payments. The Hospital is committed to providing the highest quality of health services to all patients, regardless of their financial status or ability to pay. Statistics:- inpatient admissions: 405- inpatient days: 1,319- newborn deliveries: 91- inpatient surgeries: 88- outpatient surgeries: 834- outpatient visits: 32,930- emergency room visits: 3,049- clinic visits: 16,876

Operating model

Revenue model
Other-operating. 95% 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. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 100
  • Accountability: 41
  • Sustainability: 41
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94.8%; rating input score 95
  • Program expense ratio: 91.2%; rating input score 91
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 20%; rating input score 20; 5th percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -3.9%; rating input score 13; 13th percentile among comparable filings
  • Total-asset coverage ratio: 2.93; rating input score 76; 76th percentile among comparable filings
  • Liabilities to assets ratio: 0.82; rating input score 12; 12th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 97; 97th percentile among comparable filings

Growth

  • Program expense growth: -5% per year; rating input score 0; 5th percentile among comparable filings
  • Revenue growth: -6.3% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: -2.6% per year; rating input score 0; 6th percentile among comparable filings

Details

  • Where the money goes: 94.8% of revenue deployed · 91.2% of spending went to programs
  • Governance: 1 of 5 board members independent · 5 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $19.1M in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 30 of 30 current checks pass
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 9 filing years from 2013 to 2021
  • Contacts: How to reach this organization
  • Related organizations: 22 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 — Accountability: Independent voting board scored 20/100.
  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Sustainability: Operating margin scored 13/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 12/100.