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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 Osf Healthcare System

Osf Healthcare System

Fiscal year ending 2024. Filed on August 6, 2025.

124 SW Adams St
Suite 300
Peoria, Illinois 61602

Osf Healthcare System (EIN: 37-0813229) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Osf Healthcare System, a 501(c)(3) charitable organization, reported compensation for 52 out of 21,137 total employees. Among the employees shown here, the average compensation is $707,941. The highest compensated employee at Osf Healthcare System is Robert C Sehring with fiscal year 2024 compensation of $3,064,020.

Revenue, expenses, and employee compensation

Revenue

$3,909,183,510

Expenses

$3,355,925,530

Employee compensation

$1,601,502,399
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Robert C Sehring
Vice Chairperson Chief Executive Officer
$3,064,020
$2,987,377 No related comp$76,643
Michael A Cruz, M.D.
Chief Operating Officer
$1,425,652
$1,349,009 No related comp$76,643
Michael M Allen
Chief Financial Officer
$1,376,047
$1,205,633 No related comp$170,414
Michelle D Conger
Chief Strategy Officer, OSF Healthcare/ CEO, OSF Oncall Digital Health
$1,207,505
$1,055,498 No related comp$152,007
Mete Korkmaz, M.D.
Physician
$1,200,323
$1,126,277 No related comp$74,046
Jeffry M Tillery
President, OSF Medical Group (Through April 2024)
$1,185,950
$0 $1,117,994 $67,956
Carol A Friesen
Chief Executive Officer, Eastern Region
$1,119,198
$971,996 No related comp$147,202
James L McGee, M.D.
Physician
$1,112,540
$1,051,356 No related comp$61,184
James J Mormann
Chief Executive Officer, Integrated Solutions
$1,056,725
$980,082 No related comp$76,643
Ralph Velazquez, M.D.
System Chief Medical Officer
$1,041,877
$965,234 No related comp$76,643
Eric D Webb
Vice President of Sales and Admin Officer
$1,021,725
$968,000 No related comp$53,725
Iftekhar U Ahmad, M.D.
Physician
$1,004,747
$938,701 No related comp$66,046

Benchmark Employee Compensation

Non-Employee Board Members

Sister Agnes Joseph Williams Osf
Assistant Secretary and Treasurer
Sister Diane Marie McGrew Osf
President and Treasurer (Through June 2024)
Sister Judith Ann Duvall Osf
Chair
Sister M Angelica Neumann Fsgm
Board Member (Beginning March 2024)
Sister M Mikela Meidl Fsgm
Board Member
Sister Rose Therese Mann Osf
Board Member
Sister Theresa Ann Brazeau Osf
Secretary

Contractors

Medical Solutions LLC
Medical Staffing
$65,303,147
Association Anesthesiologists SC
Anesthesiologists
$27,328,865
North American Partners IN Anesthesia
Anesthesiologists
$22,701,070
Mayo Clinic
Laboratory
$7,528,789
Change Healthcare Solutions LLC
Software Maintenance
$6,773,206

Mission Statement

OSF HEALTHCARE SYSTEM IS A CATHOLIC INTEGRATED HEALTH CARE DELIVERY SYSTEM WHICH DURING FISCAL YEAR 2024 OPERATED 15 HOSPITALS, 8 HOME HEALTH AGENCIES, 8 HOSPICES, AND EMPLOYED 336 PHYSICIANS/ADVANCED PRACTITIONERS. ALL PATIENTS ARE ACCEPTED REGARDLESS OF THEIR ABILITY TO PAY. ALL FACILITIES, SERVICES, PHYSICIANS AND OTHER PROFESSIONAL STAFF OF OSF HEALTHCARE SYSTEM SERVE ALL PATIENTS WITHOUT REGARD TO RACE, RELIGION, AGE, SEX, NATIONAL ORIGIN, PAYER SOURCE OR ABILITY TO PAY. THE BOARD OF DIRECTORS HAS ADOPTED FINANCIAL ASSISTANCE POLICIES AND PROCEDURES WHICH APPLY FOR ALL FACILITIES AND SERVICES OF THE CORPORATION. THE AVAILABILITY OF FINANCIAL ASSISTANCE IS COMMUNICATED TO PATIENTS IN NUMEROUS WAYS, INCLUDING USE OF FINANCIAL COUNSELORS, PATIENT INFORMATION BROCHURES, AND NOTICES ON PATIENT BILLINGS. FINANCIAL ASSISTANCE APPLICATIONS AND INSTRUCTIONS ARE AVAILABLE ON WEBSITES MAINTAINED BY THE CORPORATION AND UPON A REQUEST MADE TO ANY OF THE CORPORATION'S FACILITIES OR OFFICES.

Revisions to this organization profile

August 6, 2025:
2024 Osf Healthcare System 990 filed
August 9, 2024:
2023 Osf Healthcare System 990 filed
August 11, 2023:
2022 Osf Healthcare System 990 filed

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