Trinity Health Foundation

Nonprofit profile at a glance

EIN
363321751
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Rock Island, IL, USA
Phone
3097792200
Rating
60
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Single Organization Support

Reported finances

Revenue
$11,492,913
Expenses
$1,921,903
Assets
$25,598,042
Liabilities
$504,583

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

Leadership & pay

26 people listed

Executive titles in this filing

  • SHAWN MORROW (BOARD MEMBER/PRESIDENT/CEO)
  • MARY MACUMBER-SCHMIDT (BOARD MEMBER/PRESIDENT THF-QC)
  • ROBERT ERICKSON TO 823 (FORMER PRESIDENT/CEO)

Highest reported compensation

  • KATHERINE MARCHIK TO 124 (SR VP FINANCE/CFO): $916,964 total reported compensation
  • MELINDA HASS MD (BOARD MEMBER): $645,981 total reported compensation
  • SHAWN MORROW (BOARD MEMBER/PRESIDENT/CEO): $564,929 total reported compensation

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

Overview

Mission

Trinity health foundation secures charitable gifts and volunteer resources to support trinity's mission "to provide quality patient care and improve the health of the people and communities we serve."

What it reported doing in 2024

Grants, allocations and program supporttrinity health foundation's purpose is to raise funds to maintain, develop, increase and extend the facilities and services of trinity medical center in rock island, Illinois, and to provide broader hospital, medical and educational service opportunities to its patients, students, staff, faculty and residents of the geographical area it serves. It supports the missions of trinity regional health system and its subsidiaries by raising financial contributions and investing the proceeds.the grants, allocations and program support services may include: a) contributions to trinity regional health system, trinity medical center, unitypoint@home-trinity, unitypoint clinics-trinity, for capital and equipment purchases, patient assistance, continuing education for employees, community health education, medical programs, research and general operating expenses; b) scholarships and/or lectureships awarded to individuals pursing nursing and other medical education; c) scholarships awarded to area individuals and children of employees for education and leadership; d) grants awarded to unitypoint health-trinity employees in crisis; e) grants for local health programs based in community & spiritual organizations; f) miscellaneous grants and contributions to organizations and/or individuals associated with trinity medical center.

Operating model

Revenue model
Grant-funded. 72% of the money available for current operations came from government grants.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.

Rating breakdown

  • Financial Efficiency: 33
  • Transparency & Controls: 71
  • Accountability: 92
  • Sustainability: 85
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 13.6%; rating input score 14
  • Program expense ratio: 58.5%; rating input score 58
  • Fundraising efficiency: $19.31 raised per $1 spent on fundraising; rating input score 56; 56th percentile among comparable filings

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: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 85.7%; rating input score 86; 19th 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: 83.3%; rating input score 98; 98th percentile among comparable filings
  • Total-asset coverage ratio: 13.32; rating input score 93; 93rd percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 90; 90th percentile among comparable filings
  • Officer compensation ratio: 16.8%; rating input score 6; 6th percentile among comparable filings

Growth

  • Program expense growth: -2% per year; rating input score 0; 6th percentile among comparable filings
  • Revenue growth: 6.9% per year; rating input score 100; 59th percentile among comparable filings
  • Asset growth: 8.8% per year; rating input score 100; 59th percentile among comparable filings

Details

  • Where the money goes: 13.6% of revenue deployed · 58.5% of spending went to programs
  • Governance: 18 of 21 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $1.1M in reported program spending
  • Leadership: top reported pay $917K · 26 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 34 of 34 current checks pass
  • Schedules: 9 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Related organizations: 86 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 — Financial Efficiency: Mission deployment rate scored 14/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Financial Efficiency: Program expense ratio scored 58/100.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Financial Efficiency: Fundraising efficiency scored 56/100.
  • High — Sustainability: Officer compensation ratio scored 6/100.