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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 Regional Health Care Foundation

Freeport Regional Health Care Foundation

Fiscal year ending 2020. Filed on September 8, 2021.

1045 West Stephenson Street
Freeport, Illinois 61032

Freeport Regional Health Care Foundation (EIN: 36-3290904) has filed an IRS Form 990 between fiscal years 2020 and 2023. In its fiscal year 2020 IRS Form 990 filing, Freeport Regional Health Care Foundation, a 501(c)(3) charitable organization, reported compensation for 13 employees. Among the employees shown here, the average compensation is $479,836. The highest compensated employee at Freeport Regional Health Care Foundation is Madhusudan R Malladi, M.D. with fiscal year 2020 compensation of $841,440.

Revenue, expenses, and employee compensation

Revenue

$41,530,197

Expenses

$65,048,196

Employee compensation

$37,202,957
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Madhusudan R Malladi, M.D.
Physician
$841,440
$756,531 No related comp$84,909
Gregory Dammann, M.D.
Physician
$741,224
$696,340 No related comp$44,884
Timothy Laurie, M.D.
Physician
$635,363
$590,939 No related comp$44,424
Mark S Gridley
President and Chief Executive Officer
$594,464
$197,695 $336,616 $60,153
Barry Barnes, M.D.
Physician
$589,422
$521,340 No related comp$68,082
Farhan Khan, M.D.
Physician
$547,368
$522,168 No related comp$25,200
Rebecca Pedersen, M.D.
Chief Quality Controll
$400,540
$376,099 No related comp$24,441
Michael Merry, M.D.
Chair Physician Council
$370,853
$333,591 No related comp$37,262
Robert Geller, M.D.
Medical Staff President
$357,257
$328,577 No related comp$28,680
Michael Clark
Executive Vice President and Chief Financial Officer
$343,796
$113,854 $193,861 $36,081
Beth Kalnins, M.D.
Employed Physician
$316,659
$280,844 No related comp$35,815
Leonard M Carter
Vice President, Human Resources
$253,218
$79,508 $135,378 $38,332

Benchmark Employee Compensation

Non-Employee Board Members

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

Contractors

Laboratory Corporation of America
Lab
$1,027,735
Northern Illinois Trauma
Physician
$666,096
Excalibur Ddpm
Collection
$256,652
Rockford Urulogical
Physician
$233,347
Camelot Radiology Associates Ltd.
Physician
$192,399

Mission Statement

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

Revisions to this organization profile

November 18, 2024:
2023 Freeport Regional Health Care Foundation 990 filed
August 22, 2023:
2022 Freeport Regional Health Care Foundation 990 filed
August 31, 2022:
2021 Freeport Regional Health Care Foundation 990 filed

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