TO POSITIVELY AFFECT THE HEALTH AND WELFARE OF THE COMMUNITIES WE SERVE THROUGH THE OPERATION OF A HOSPITAL (INPATIENT, SWING BED AND OUTPATIENT) AND AN ASSISTED LIVING FACILITY.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$63.1M
+12.5% YoY
Revenue
$41.8M
+19.6% YoY
Net Investment Income
$1.8M
+107.3% YoY
Expenses
$36.3M
+9.3% YoY
About Hillsboro Area Hospital Inc
Based on IRS filings
Hillsboro Area Hospital Inc is a nonprofit organization focused on Health, based in HILLSBORO, IL. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $63.1M in total assets. Net investment income was $1.8M.
Focus Areas
Ready to take the next step with Hillsboro Area Hospital Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $63,095,164 | $56,090,682 | $57,293,181 |
| Revenue | $41,785,078 | $34,924,187 | $35,050,483 |
| Expenses | $36,347,315 | $33,260,651 | $31,170,413 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,846,737 | $890,956 | $425,645 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
9 grants across all recorded years
Open Grants
1 open opportunity from Hillsboro Area Hospital Inc
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TERRI CARROLL | CHIEF FINANCIAL OFFICER (THRU 02/24) | 40 | $214,707 |
| ALEX NAZARIAN | CHIEF FINANCIAL OFFICER (BEG 04/24) | 40 | $32,936 |
| MIKE ALEXANDER | PRESIDENT & CEO | 40 | — |
| EARL FLACK | CHAIRMAN | 1 | — |
| LISA WHITE | VICE CHAIR | 1 | — |
| MISTY BORROWMAN | TREASURER | 1 | — |
| JULIE JENKINS | SECRETARY | 1 | — |
| DR JOSEPH BLASER | DIRECTOR | 1 | — |
| DR BEN CADY | DIRECTOR | 1 | — |
| MARY HERSCHELMAN | DIRECTOR | 1 | — |
| JAMES HERTEL | DIRECTOR | 1 | — |
| DAVID HOUGH | DIRECTOR | 1 | — |
| DR NATHAN KIRBY | DIRECTOR | 1 | — |
| JORDAN RUPPERT | DIRECTOR | 1 | — |
| ANDREW OTT | PODIATRIST | 40 | $259,552 |
| ABBY BUGG | TEAMWORK REHAB DIRECTOR | 40 | $133,529 |
| BARBARA SMITH | NURSE COORDINATOR | 40 | $125,855 |
| THERESA RAPP | DIRECTOR OF SURGICAL SERVI | 40 | $125,195 |
| MARTA EDWARDS | REGISTERED NURSE | 5 | $112,980 |
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Hillsboro Area Hospital Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities