Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 1946.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
97 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
26 people listed on the 990; $8.5M paid to officers and key staff.
Katherine Marchik to 124’s $896K as SR VP Finance/CFO is at the 47th percentile of top reported officer pay among 1747 $100M+ health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Robert Erickson to 823 | $538,601 | $1,395,743 | — | — | — |
| Katherine Marchik to 124 | $895,574 | — | — | — | — |
| Richard Seidler to 519 | — | $369,890 | $367,341 | $411,367 | $886,711 |
| Toyosi Olutade MD | $784,663 | $809,464 | $764,932 | $525,206 | — |
| Rhonda Sowards MD | $706,170 | $751,418 | $700,846 | $647,483 | $517,124 |
| Katherine Pearson | $462,877 | $391,725 | $406,582 | $440,531 | $739,159 |
| Robert Erickson | — | — | $680,681 | $696,665 | $555,197 |
| Kevin Kurth MD | $483,086 | $562,166 | $676,833 | $663,170 | $559,112 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Provides essential healthcare services and financial assistance, including charity care, to improve the overall health and medical access of community members regardless of ability to pay.
Questions for Trinity Medical Center
Your first name shows with your question. Trinity Medical Center answers here, for everyone.
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Health-care servicestrinity medical center is an important element of the health-care delivery system that the quad cities communities rely on every day. It is committed to providing quality health care and to using its resources to the greatest community benefit.
Community benefit, including charity carecharity care and means-tested programs: trinity medical center provides charity care and other means-tested programs with the goal to improve the community's overall health and access to care. This includes health-care services regardless of the patient's insurance coverage or financial status.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $1.7M | $901K |
| InvestmentsLn 11–13 | $195.7M | $223.0M |
| Land, buildings, equipmentLn 10c | $153.2M | $157.7M |
| Total assetsLn 16 | $454.7M | $482.1M |
| LiabilitiesLn 26 | $250.0M | $264.4M |
| Net assetsLn 32 | $204.7M | $217.8M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $29.7M | $29.7M | ||
| Grants to domestic individualsLn 2 | $54K | $54K | ||
| Pay of current officers, directors and key staffLn 5 | $5.6M | $5.6M | ||
| Pay of disqualified personsLn 6 | $570K | $570K | ||
| Other salaries and wagesLn 7 | $162.1M | $158.9M | $3.2M | |
| Pension plan contributionsLn 8 | $5.1M | $5.0M | $101K | |
| Other employee benefitsLn 9 | $15.7M | $15.4M | $312K | |
| Payroll taxesLn 10 | $8.7M | $8.5M | $172K | |
| Management feesLn 11a | $2.1M | $2.1M | ||
| Legal feesLn 11b | $503K | $490K | $12K | |
| Accounting feesLn 11c | $25 | $25 | ||
| Investment management feesLn 11f | $901K | $422K | $479K | |
| Other fees for servicesLn 11g | $45.1M | $44.3M | $757K | |
| Advertising and promotionLn 12 | $6K | $664 | $6K | |
| Office expensesLn 13 | $29K | −$384K | $413K | |
| Information technologyLn 14 | $1.2M | $1.2M | ||
| OccupancyLn 16 | $11.6M | $11.4M | $180K | |
| TravelLn 17 | $433K | $385K | $47K | |
| Conferences, conventions and meetingsLn 19 | $12K | $8K | $4K | |
| InterestLn 20 | $7.0M | $7.0M | ||
| Depreciation, depletion and amortizationLn 22 | $13.0M | $12.5M | $439K | |
| InsuranceLn 23 | $751K | $751K | ||
| Other expenses (24a–d)Ln 24 | $163.5M | $163.5M | $50K | |
| Total functional expensesLn 25 | $473.5M | $461.2M | $12.3M | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $477.9M | $473.5M | $4.3M | $217.8M | 990 PDF |
| FY2023 | $436.9M | $467.8M | −$30.9M | $204.7M | 990 PDF |
| FY2022 | $442.5M | $470.2M | −$27.7M | $223.9M | 990 PDF |
| FY2021 | $425.9M | $419.9M | $6.0M | $285.2M | 990 PDF |
| FY2020 | $392.5M | $388.3M | $4.2M | $271.1M | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $477,877,757 revenue, 12 lines filed
Part VI · Governance 9 of 11 board members independent, no flags
Part VIII · Statement of revenue $477,877,757 across 9 lines filed
Part IX · Statement of functional expenses $473,534,024 across 23 lines filed
Part X · Balance sheet $482,130,656 assets, 19 lines filed
Part XI · Reconciliation of net assets $217,767,656 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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