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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Health Care Freeport Memorial Hospital

Freeport Memorial Hospital

Fiscal year ending 2018. Filed on September 10, 2019.

1045 W Stephenson St
Freeport, Illinois 61032

Freeport Memorial Hospital (EIN: 36-2181997) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2018 IRS Form 990 filing, Freeport Memorial Hospital, a 501(c)(3) charitable organization, reported compensation for 15 out of 1,172 total employees. Among the employees shown here, the average compensation is $363,066. The highest compensated employee at Freeport Memorial Hospital is Arshad Shaikh, M.D. with fiscal year 2018 compensation of $592,134.

Revenue, expenses, and employee compensation

Revenue

$155,803,811

Expenses

$128,619,991

Employee compensation

$43,667,288
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Arshad Shaikh, M.D.
Physician
$592,134
$544,244 No related comp$47,890
Mark S Gridley
President and Chief Executive Officer
$531,071
$284,027 $174,081 $72,963
Michael Merry, M.D.
Chair Physicians Councel
$525,852
$499,594 No related comp$26,258
Michael C Clark
Executive Vice President and Chief Financial Officer
$422,812
$211,799 $129,812 $81,201
Robert Geller, M.D.
Medical Staff President
$403,365
$0 $362,010 $41,355
Rebecca Pederson, M.D.
Chief Quality Officer
$396,448
$0 $345,449 $50,999
James A Kolka
Chief Physician Executive
$381,870
$339,659 No related comp$42,211
Shokry Tawfik, M.D.
Board Member
$359,886
$0 $309,056 $50,830
Alan Esker, M.D.
Physician
$311,918
$266,210 No related comp$45,708
Beth Kalnins, M.D.
Medical Staff
$283,874
$249,830 No related comp$34,044
Maajid Ekkiswala, M.D.
Physician
$282,452
$241,620 No related comp$40,832
Kathryn J Martinez
Vice President of Patient Service
$272,502
$218,895 No related comp$53,607

Benchmark Employee Compensation

Non-Employee Board Members

Bruce Baldwin
Director
Carol Schuster
Former Chair
Gary Quinn
Board Member
Heather McPherson
Secretary
Mark Wright
Treasurer
Neal Richardson
Vice Chair
Richard Chang
Board Member
Steven Kneubuehl
Chair

Contractors

Mea-Freeport LLC
Emergency Dept
$3,603,468
Camolot Radiology
Radiology Physicians
$2,314,783
Freeport Emergency Specialists
Medical
$2,277,657
Mayo Medical Laboratories Inc.
Physician
$1,010,765
Excalibur Ddpm
Collections
$747,860

Mission Statement

OUR MISSION IS TO IMPROVE THE HEALTH OF OUR COMMUNITIES, WORKING TOGETHER WITH THOSE WE SERVE.

Revisions to this organization profile

November 17, 2025:
2024 Freeport Memorial Hospital 990 filed
November 20, 2024:
2023 Freeport Memorial Hospital 990 filed
October 4, 2023:
2022 Freeport Memorial Hospital 990 filed

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