ST MARGARETS HOSPITAL
600 East First Street, Spring Valley, IL 61362 www.aboutsmh.org

Total Revenue
$90,485,097
Total Expenses
$92,626,241
Net Assets
$57,194,893

Organizations Filed Purposes: St. Margaret's Health, in union with the Sisters of Mary of the Presentation, is committed to the values of Catholic health care in caring for the needs of our patients and their families, the community and one another. Through our belief in God and our respect for life, we provide holistic quality health care with dignity and compassion.

Provide health care services to improve the health of the people in the community

St. Margaret's Health has a tradition of serving the poor and others in the area surrounding Spring Valley for over 100 years. Following in the footsteps of Jesus Christ, St. Margaret's Hospital is reaching out to the poor and those most in need. The presence of St. Margaret's Hospital means much more than dollars and cents. The value of services to those in need has been more than a financial sheet can describe, because sometimes the smaller programs do the most good and because the organization cannot possibly count up all the services. St. Margaret's Hospital has been a leader in the community, helping others to see the need to respond to the needs of the poor.(Continued on Schedule O)St. Margaret's Health, (Hospital) is a 44-bed acute care hospital that operates a network of primary and specialty care physician clinics in the Spring Valley and surrounding area. The Hospital had 6,759 patient days in fiscal year 2019 with 2,139 admissions and 2,130 discharges. Total Clinic visits were 138,720 and outpatient visits were 155,860.The Hospital provides care to patients who meet certain criteria under its charity care policy without charge or at amounts less than established rates. Because the Hospital does not pursue collection of amounts determined to qualify as charity care, they are not reported as revenue. The amounts of charges foregone for services provided under the Hospital's charity care policy were $3,107,462 for the year ended September 30, 2019. Total direct and indirect costs related to these foregone charges, by using methodology of the Catholic Health Association of the United States for the year ended September 30, 2019 were approximately $1,095,000. In addition, the Hospital provides services to other medically indigent patients under certain government reimbursed public aid programs. Such programs pay providers amounts which are less than established charges for the services provided to the recipients, and for some services the payments are less than the cost of rendering the services provided. The Hospital also commits significant time and resources to endeavors and critical services which meet otherwise unfulfilled community needs. Many of these activities are sponsored with the knowledge that they will not be self-supporting or financially viable.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Dr Michael ShinPhysician40$1,357,534
Dr Paul PeronaPhysician40$1,141,066
Dr Dale ChilsonPhysician40$1,107,193
Dr Thaw TunPhysician40$477,924
Dr Shawn BaileyPhysician40$417,178
Dr Richard TwanowDirector40.5$187,774
Kim SantmanVP of Finance40$0
Timothy MuntzPresident/CEO40$0
Christian CyrDirector0.5$0
Harold ReadDirector0.5$0
Sr Dorothy BertschDirector (until 8/28)0.5$0
John MccormickDirector0.5$0
Sr Anne Germaine PicardDirector0.5$0
Dr Eric Santos - DirectorMedical Staff President0.5$0
Aaron K Alton - DirectorPresident SMP Health1$0
James A AndreoniVice Chairperson0.5$0
Joyce McculloughChairperson0.5$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202002139349300415_public.xml