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Nonprofit · EIN 37-0661208

HILLSBORO AREA HOSPITAL INC

Tax-exempt · HILLSBORO, IL 62049

Financials

$34.9M$33.3M2022$41.8M$36.3M2023$58.5M$47.7M2024
Revenue Expenses · by fiscal year end
Financials of HILLSBORO AREA HOSPITAL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$58,473,202$47,700,549$10,772,653$74,311,724$10,546,018$63,765,706
June 30, 2024990$41,785,078$36,347,315$5,437,763$63,095,164$9,277,633$53,817,531
June 30, 2023990$34,924,187$33,260,651$1,663,536$56,090,682$8,069,779$48,020,903
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$2,923,425
of which government grants
$2,893,134
Program service revenue
$53,261,571
Investment income
$2,214,137
Net rental income
$5,651
Net gain from sales of assets
$6,149
Other revenue
$74,069

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$341,013
Other salaries and wages
$13,965,946
Salaries, compensation and benefits (total)
$19,104,413
Professional fundraising fees
$0
Legal fees
$48,708
Accounting fees
$46,200
Occupancy
$500,235
Travel
$93,622
Depreciation
$1,599,260
Program services (functional)
$39,665,542
Management and general (functional)
$8,035,007

Balance sheet and other

Total assets, start of year
$63,095,164
Total assets, end of year
$74,311,724
Total liabilities, end of year
$10,546,018
Net assets, end of year
$63,765,706
Land, buildings and equipment
$12,455,947
Publicly traded securities
$7,192,227
Net assets without donor restrictions
$62,253,495
Net assets with donor restrictions
$1,512,211
Gross receipts
$58,507,601
Employees
354
Volunteers
20
Year formed
1906
State of legal domicile
IL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
TERRI CARROLLFORMER CFO (FEB '24)
Former
40$241,617$19,490
SUZANNE TATHAMHOUSE SUPERVISOR
Highest-paid employee
40$173,155$31,108
TOMMI CLINECNO
Highest-paid employee
40$147,005$48,301
ABBY BUGGDIRECTOR OF THERAPY SERVICES
Highest-paid employee
40$137,361$48,815
KATHLEEN DUNCANVP HUMAN RESOURCES
Highest-paid employee
40$126,781$28,305
ALEX NAZARIANCHIEF FINANCIAL OFFICER
Officer
40$142,969$2,155
ASHLEY SMITHVP QUALITY AND SUPPORT SERVICES
Highest-paid employee
40$141,299$1,954
EARL FLACKCHAIRMAN
Trustee or director, Officer
1$0$0
LISA WHITEVICE CHAIR
Trustee or director, Officer
1$0$0
MISTY BORROWMANTREASURER
Trustee or director, Officer
1$0$0
JULIE JENKINSSECRETARY
Trustee or director, Officer
1$0$0
DR JOSEPH BLASERDIRECTOR
Trustee or director
1$0$0
DR BEN CADYDIRECTOR
Trustee or director
1$0$0
MARY HERSCHELMANDIRECTOR
Trustee or director
1$0$0
JAMES HERTELDIRECTOR
Trustee or director
1$0$0
4 more people on this return
NameTitleHours / weekCompensation
DAVID HOUGHDIRECTOR
Trustee or director
1$0
DR NATHAN KIRBYDIRECTOR
Trustee or director
1$0
JORDAN RUPPERTDIRECTOR
Trustee or director
1$0
MIKE ALEXANDERPRESIDENT & CEO
Officer
40$0
990 for the year ended June 30, 2024: 19 people
NameTitleHours / weekCompensationOther / benefits
ANDREW OTTPODIATRIST
Highest-paid employee
40$259,552$21,658
TERRI CARROLLCHIEF FINANCIAL OFFICER (THRU 02/24)
Trustee or director, Officer
40$214,707$43,398
ABBY BUGGTEAMWORK REHAB DIRECTOR
Highest-paid employee
40$133,529$58,014
MARTA EDWARDSREGISTERED NURSE
Highest-paid employee
5$112,980$46,980
BARBARA SMITHNURSE COORDINATOR
Highest-paid employee
40$125,855$21,924
THERESA RAPPDIRECTOR OF SURGICAL SERVI
Highest-paid employee
40$125,195$3,756
ALEX NAZARIANCHIEF FINANCIAL OFFICER (BEG 04/24)
Trustee or director, Officer
40$32,936$0
MIKE ALEXANDERPRESIDENT & CEO
Trustee or director, Officer
40$0$0
EARL FLACKCHAIRMAN
Trustee or director, Officer
1$0$0
LISA WHITEVICE CHAIR
Trustee or director, Officer
1$0$0
MISTY BORROWMANTREASURER
Trustee or director, Officer
1$0$0
JULIE JENKINSSECRETARY
Trustee or director, Officer
1$0$0
DR JOSEPH BLASERDIRECTOR
Trustee or director, Officer
1$0$0
DR BEN CADYDIRECTOR
Trustee or director
1$0$0
MARY HERSCHELMANDIRECTOR
Trustee or director
1$0$0
JAMES HERTELDIRECTOR
Trustee or director
1$0$0
DAVID HOUGHDIRECTOR
Trustee or director
1$0$0
DR NATHAN KIRBYDIRECTOR
Trustee or director
1$0$0
JORDAN RUPPERTDIRECTOR
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 20 people
NameTitleHours / weekCompensationOther / benefits
ANDREW OTTPODIATRIST
Highest-paid employee
40$290,258$24,106
TERRI CARROLLCHIEF FINANCIAL OFFICER
Officer
40$200,204$37,105
ELVIS HARRISONVP OF PATIENT CARE SERVICES
Highest-paid employee
40$167,147$31,297
ABBY BUGGTEAMWORK REHAB DIRECTOR
Highest-paid employee
40$138,024$51,879
BARBARA SMITHNURSE COORDINATOR
Highest-paid employee
40$116,586$19,158
THERESA RAPPDIRECTOR OF SURGICAL SERVICES
Highest-paid employee
40$117,275$4,178
EARL FLACKCHAIRMAN
Trustee or director, Officer
1$0$0
LISA WHITEVICE CHAIR
Trustee or director, Officer
1$0$0
MISTY BORROWMANTREASURER
Trustee or director, Officer
1$0$0
JULIE JENKINSSECRETARY
Trustee or director, Officer
1$0$0
DR JOSEPH BLASERDIRECTOR (BEG 03/2023)
Trustee or director
1$0$0
DR DOUG BYERSDIRECTOR (THRU 02/2023)
Trustee or director
1$0$0
DR BEN CADYDIRECTOR
Trustee or director
1$0$0
JAMES HERTELDIRECTOR
Trustee or director
1$0$0
MARY HERSCHELMANDIRECTOR (BEG 10/2022)
Trustee or director
1$0$0
DAVID HOUGHDIRECTOR
Trustee or director
1$0$0
DR NATHAN KIRBYDIRECTOR
Trustee or director
1$0$0
JORDAN RUPPERTDIRECTOR
Trustee or director
1$0$0
REX BROWNPRESIDENT & CEO (THRU 12/2022)
Officer
40$0$0
MIKE ALEXANDERPRESIDENT & CEO (BEG 01/2023)
Officer
40$0$0

Address and contacts

Address (IRS master file)
1200 E TREMONT ST, HILLSBORO, IL 62049-1912
Principal officer (990 for 2024)
MICHAEL ALEXANDER, 1200 EAST TREMONT STREET, HILLSBORO, IL 62049
Signed the 990
MICHAEL ALEXANDER, PRESIDENT & CEO
Phone
(217) 532-6111
Return prepared by
WIPFLI ADVISORY LLC

Mission

TO POSITIVELY AFFECT THE HEALTH AND WELFARE OF THE COMMUNITIES WE SERVE THROUGH THE OPERATION OF A HOSPITAL (INPATIENT, SWING BED AND OUTPATIENT) AND AN ASSISTED LIVING FACILITY.

990 for the year ended June 30, 2025

Program accomplishments

  • OPERATION OF A 25-BED CRITICAL ACCESS HOSPITAL (INPATIENT, SWING BED AND OUTPATIENT) WITH AN ASSISTED LIVING FACILITY. 900 ACUTE DAYS, 656 SWING BED DAYS, 23,467 OUTPATIENT VISITS AND 13,101 ASSISTED LIVING RESIDENT DAYS PROVIDED IN FY 2025. HILLSBORO AREA HOSPITAL ALSO PROVIDED $115,632 IN CHARITY CARE AND $1,087,642 IN OTHER COMMUNITY BENEFITS AT COST, NOT INCLUDING BAD DEBT. THE HOSPITAL'S PHYSICIAN CLINIC OBTAINED RURAL HEALTH CLINIC DESIGNATION DURING THE CURRENT TAX YEAR.
    Expenses $39,665,542 · revenue $53,261,571

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
37-0661208
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Hospital or medical research organization
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1938
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E220)
Assets (IRS master file)
$74,311,724
Income (IRS master file)
$58,507,601

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$58,473,202$47,700,549$74,311,724IRS
990June 2024$41,785,078$36,347,315$63,095,164XML
990June 2023$34,924,187$33,260,651$56,090,682XML
990June 2022$35,050,483$31,170,413$57,293,181IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 37-0661208).

Questions about HILLSBORO AREA HOSPITAL INC

What is the EIN of HILLSBORO AREA HOSPITAL INC?
The employer identification number (EIN) of HILLSBORO AREA HOSPITAL INC is 37-0661208.
Is HILLSBORO AREA HOSPITAL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1938.
Are donations to HILLSBORO AREA HOSPITAL INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HILLSBORO AREA HOSPITAL INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of HILLSBORO AREA HOSPITAL INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HILLSBORO AREA HOSPITAL INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of HILLSBORO AREA HOSPITAL INC?
The 990 for the year ended June 30, 2025 names MICHAEL ALEXANDER.
Who are the officers and directors of HILLSBORO AREA HOSPITAL INC?
The 990 for the year ended June 30, 2025 lists 19 people; 7 received compensation from the organization, the highest $241,617 (TERRI CARROLL, FORMER CFO (FEB '24)).
How much revenue does HILLSBORO AREA HOSPITAL INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $58,473,202, expenses of $47,700,549 and total assets of $74,311,724 at year end.

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