Cause IQ organization profile

Illinois Valley Community Hospital (IVCH)

IVCH is a general hospital based in Peru, IL that was founded in 1978. As of 2019 they had $83 million in revenue and $60 million in assets.

Illinois Valley Community Hospital is dedicated to providing exceptional care through a commitment to clinical excellence and compassion for every patient, every day.

EIN:

36-2852553

City:

Peru

State:

Illinois

Website:

ivch.org

Phone:

815-223-3300

Facebook:

facebook.com/ivch1

Twitter:

@ivch1

Founded:

1978

Type:

501(c)(3)

NTEE:

E22: General hospitals

Revenue:

$83,283,109

Assets:

$60,770,856

Employees:

744

Fiscal year end:

June

Revenue trends:

Asset trends:

Program areas at IVCH

Illinois Valley Community Hospital (ivch) is a small, integrated Community health care delivery system. Services range from employed physicians and mid-levels in the specialties of family medicine, internal medicine, obstetrics/gynecology, orthopedics, otorhinolaryngology, and sleep medicine. In addition to these physician practices, ivch 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, and hospitalists services. Inpatient Hospital services provided by ivch 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 and adult day care services are also provided. Ivch is a medicare dependent Hospital and qualifies for disproportionate share payments. Ivch is committed to providing the highest quality of health services to all patients, ...

Form 990s for IVCH

Fiscal year ending	Date received by IRS	Form	PDF link
2019-06	Oct 15, 2020	990	View PDF
2018-06	Sep 14, 2019	990	View PDF
2017-06	Jun 14, 2018	990	View PDF
2016-06	Aug 3, 2017	990	View PDF
2015-06	Aug 2, 2016	990	View PDF
...and two more Form 990 PDFs

Financials for IVCH

Field	2019	2018	% Change
Federated campaigns	$0	$0
Membership dues	$0	$0
Fundraising event contributions	$0	$0
Related organizations	$304,363	$70,535	331.5%
Government grants (contributions)	$0	$0
Normal grants, contributions, etc.	$311,036	$33,206	836.7%
<em>Non-cash contributions included in above</em>	$0	$0
Total grants, contributions, etc.	$615,399	$103,741	493.2%

Field	2019	2018	% Change
Total grants, contributions, etc.	$615,399	$103,741	493.2%
Program services	$80,345,895	$82,438,616	-2.5%
Investment income and dividends	$204,987	$225,832	-9.2%
Tax-exempt bond proceeds	$0	$0
Royalty revenue	$0	$0
Net rental income	$-187,831	$-185,534	-1.2%
Net gain from sale of non-inventory assets	$641,216	$307,876	108.3%
Net income from fundraising events	$0	$0
Net income from gaming activities	$0	$0
Net income from sales of inventory	$0	$0
Miscellaneous revenues	$1,663,443	$766,830	116.9%
Total revenues	$83,283,109	$83,657,361	-0.4%

Field	2019	2018	% Change
Grants to govts. and orgs. in USA	$19,900	$40,751	-51.2%
Grants to individuals in USA	$0	$0
Grants to govts., orgs., and individuals outside USA	$0	$0
Benefits paid to or for members	$0	$0
Compensation of current officers, etc.	$446,099	$435,775	2.4%
Compensation not included above, to disqualified persons	$0	$0
Non-officer salaries and wages	$34,419,653	$35,548,656	-3.2%
Pension/retirement accruals and contributions	$1,677,578	$882,614	90.1%
Other employee benefits	$5,287,474	$4,688,803	12.8%
Payroll taxes	$2,146,083	$2,291,152	-6.3%
Management fees	$0	$0
Legal fees	$424,234	$153,029	177.2%
Accounting fees	$60,573	$16,991	256.5%
Lobbying fees	$23,133	$25,132	-8.0%
Pro. fundraising fees	$0	$0
Investment mgmt fees	$0	$0
Other fee-for-service	$5,290,599	$4,097,051	29.1%
Advertising and promotion	$549,451	$556,087	-1.2%
Office expenses	$547,956	$576,419	-4.9%
Information tech. expenses	$1,500,540	$1,897,786	-20.9%
Royalty expenses	$0	$0
Occupancy	$2,070,515	$2,079,534	-0.4%
Travel	$0	$42,438	-100%
Public official travel and entertainment	$0	$0
Conferences, meetings, etc.	$141,928	$121,530	16.8%
Interest	$771,901	$671,563	14.9%
Payments to affiliates	$0	$0
Depreciation, amortization, etc.	$2,830,323	$3,489,528	-18.9%
Insurance	$1,470,113	$860,469	70.9%
All other expenses	$26,445,120	$30,213,715	-12.5%
Total expenses	$86,123,173	$88,689,023	-2.9%

Field	2019	2018	% Change
Cash (non-interest-bearing)	$924,502	$716,504	29.0%
Savings, short-term investments, etc.	$0	$0
Pledges and grants receivable	$0	$0
Accounts receivable	$10,619,069	$12,739,876	-16.6%
Loans receivable from officers, directors, etc.	$0	$0
Loans receivable from other disqualified persons	$0	$0
Notes and loans receivable	$0	$0
Inventories for use	$2,408,993	$2,427,242	-0.8%
Prepaid expenses and deferred charges	$981,200	$981,933	-0.1%
Buildings, equipment, etc. post-depreciation	$26,954,898	$29,319,805	-8.1%
Investments, publicly traded securities	$11,939,707	$10,287,745	16.1%
Investments, other securities	$326,106	$335,250	-2.7%
Investments, program-related	$0	$0
Intangible assets	$0	$0
Other assets	$6,616,381	$7,137,416	-7.3%
Total assets	$60,770,856	$63,945,771	-5.0%

Field	2019	2018	% Change
Accounts payable and accrued expenses	$15,242,907	$14,007,608	8.8%
Grants payable	$0	$0
Deferred revenue	$6,263	$6,263
Tax-exempt bond liabilities	$16,748,447	$17,659,238	-5.2%
Escrow or custodial account liability	$0	$0
Loans payable to officers and disqualified persons	$0	$0
Secured mortgages and notes payable to unrelated third parties	$1,136,499	$1,415,479	-19.7%
Unsecured notes and loans payable to unrelated third parties	$0	$0
Other liabilities	$13,520,101	$11,711,125	15.4%
Total liabilities	$46,654,217	$44,799,713	4.1%

Field	2019	2018	% Change
Unrestricted net assets	$12,844,097	$17,821,320	-27.9%
Temporarily restricted net assets	$1,272,542	$1,324,738	-3.9%
Permanently restricted net assets	$0	$0

Vendors for IVCH

Vendor	Services	Amount paid	Date
RSM Us LLP	Tax accounting; Audit accounting		2020-10-15
████████████ ████ █████████ ███████	Insurance		2019-12-31
█████████ ███████ ████████ ███	Insurance agent or broker	$5,262	2019-12-31
██████ ███████ ████	Insurance		2019-12-31
███ ████ █████████ ███████ ██ ██████	Insurance		2019-12-31
████████ ████████ ████ █████████ ███████	Insurance		2019-12-31
████████ ████████ █████████ ███████	Insurance		2019-12-31
██████ ████████ █████ ███	Insurance agent or broker	$11	2019-12-31
...and 13 more vendors

Personnel at IVCH

Name	Title	Compensation	Most recent data
Tommy Hobbs	Chief Executive Officer	$282,541	Oct. 15, 2020
Lisa Lynch	Chief Financial Officer	$114,626	Oct. 3, 2020
█████ █████████	Chief Information Officer	-	Aug. 27, 2019
██████ ███████	Chief Nursing Officer	-	Oct. 3, 2020
███ ████████	Vice President of Operations and Physician Services / Vice President of Physician and Outpatient Services	-	Aug. 27, 2019
███ ████ █████	Vice President	-	Oct. 3, 2020
███████ █████	Past Chief Financial Officer	$138,312	June 30, 2018
█████ ███████	Treasurer	$0	Oct. 3, 2020
███████ ████████	Secretary	$0	Sept. 1, 2019
████ █████	Past Chief Financial Officer	$59,295	Nov. 8, 2017
...and two more key personnel

Peer general hospitals

	Name	Type	Revenue	Location
1	Riverside Medical Center	501(c)(3)	$370 million	Kankakee, IL
2	Trinity Medical Center	501(c)(3)	$410 million	Rock Island, IL
3	St Margaret's Health	501(c)(3)	$90 million	Spring Valley, IL
4	Alexian Brothers Behavioral Health Hospital	501(c)(3)	$84 million	Hoffman Estates, IL
5	Midwest Medical Center	501(c)(3)	$26 million	Galena, IL
6	Gottlieb Memorial Hospital	501(c)(3)	$150 million	Melrose Park, IL
7	Rockford Memorial Hospital	501(c)(3)	$388 million	Rockford, IL
8	Hillsboro Area Hospital	501(c)(3)	$26 million	Hillsboro, IL
9	Saint Anthony Hospital	501(c)(3)	$115 million	Chicago, IL
10	Adventist Bolingbrook Hospital (ABH)	501(c)(3)	$137 million	Bolingbrook, IL
11	OSF Saint Elizabeth Medical Center	501(c)(3)	$113 million	Ottawa, IL
12	Ascension Sacred Heart-St Mary's Hospitals	501(c)(3)	$138 million	Stevens Point, WI
13	Providence Hospital	501(c)(3)	$217 million	Mobile, AL
14	Prisma Health Tuomey	501(c)(3)	$218 million	Sumter, SC
15	Clay County Medical Corporation (NMMC)	501(c)(3)	$48 million	Tupelo, MS
16	Davie Medical Center	501(c)(3)	$86 million	Bermuda Run, NC
17	Webster Health Services	501(c)(3)	$26 million	Tupelo, MS
18	New York Community Hospital	501(c)(3)	$105 million	Brooklyn, NY
19	Southeastern Health	501(c)(3)	$285 million	Lumberton, NC
20	CHI St Luke's Health Brazosport	501(c)(3)	$75 million	Lake Jackson, TX
21	Vernon Memorial Healthcare (VMH)	501(c)(3)	$80 million	Viroqua, WI
22	Chinese Hospital Association (CHA)	501(c)(3)	$109 million	San Francisco, CA
23	Avera Marshall Regional Medical Center	501(c)(3)	$98 million	Marshall, MN
24	Abington-Lansdale Hospital-Jefferson	501(c)(3)	$91 million	Lansdale, PA
25	Methodist Hospitals	501(c)(3)	$402 million	Gary, IN

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Cause IQ organization profile

Illinois Valley Community Hospital (IVCH)

Program areas at IVCH

Form 990s for IVCH

Financials for IVCH

Vendors for IVCH

Personnel at IVCH

Peer general hospitals

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