Public Charity

HILLSBORO AREA HOSPITAL INC

Based in HILLSBORO, IL, HILLSBORO AREA HOSPITAL INC operates as a Public Charity. The organization reported $58.5M in revenue, $47.7M in expenses, $74.3M in total assets for fiscal year 2025. Imperigo tracks 16 reported grant relationships connected to this organization totaling approximately $588K.

EIN: 370661208 HILLSBORO, IL General Hospitals NTEE: E22 Latest filing: 2025
Total Revenue$58.5M
Total Expenses$47.7M
Total Assets$74.3M
Grant Records16
Funding Total$588K
Filing Years2021–2025

Mission

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.

Where $100 goes at Hillsboro Area Hospital Inc

How Hillsboro Area Hospital Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$80 Programs the work itself
$20 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $80 for programs

$80
Operation of a 25-bed critical access hospital (inpatient, swing bed and outpatient) with an assisted living facility
All program spending · Reported in the filing: 23,467 visits
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

$10,000
2024
TO ASSIST WITH PROCUREMENT OF CARDIAC MONITORS
$18,926
2024
24 SHIP, 24 FLEX GRANTS
$15,003
2023
22 FLEX GRANTS, ASTHMA GRANT, CAH FELLOWSHIP
$19,800
2022
21 SHIP, 22 SHIP, 22 FLEX GRANTS
$36,338

Showing up to 5 of 16 total records — full history available with membership.

Officers & Directors

DIRECTOR OF THERAPY SERVICES Abby Bugg
CHIEF FINANCIAL OFFICER Alex Nazarian
VP QUALITY AND SUPPORT SERVICES Ashley Smith
DIRECTOR David Hough
DIRECTOR Dr Ben Cady
DIRECTOR Dr Joseph Blaser

Officer compensation and complete director data available with membership.

Top Grant Purposes

Mental Health & Substance Abuse
$276,700 1 grant
General Support
$210,572 6 grants
Health & Medicine
$81,147 7 grants
Education
$19,800 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $58.5M $47.7M $74.3M
2024 $41.8M $36.3M $63.1M
2023 $34.9M $33.3M $56.1M
2022 $35.1M $31.2M $57.3M
2021 $35.0M $29.5M $55.8M

Between 2021 and 2025, reported annual revenue grew from $35.0M to $58.5M (+67%), with total assets most recently reported at $74.3M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for HILLSBORO AREA HOSPITAL INC

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