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Filing year 2023

ROCKFORD HEALTH PHYSICIANS

Rockford, Illinois·EIN 36-3907436·NTEE E210 · Health Care·501(c)(3)
Total revenue
$140.3M
Total assets
$120M
Total expenses
$171M
Reported officers
15
Mission

TO IMPROVE AND PROTECT THE HEALTH AND WELFARE OF THE COMMUNITY IN ACCORDANCE WITH OUR MISSION, THE MISSION OF ROCKFORD HEALTH PHYSICIANS IS "EXCEPTIONAL HEALTH CARE SERVICES WITH A PASSION FOR MAKING LIVES BETTER." THE FOUNDATION OF THIS MISSION IS BASED ON A VISION OF QUALITY: EXCELLENCE IN PATIENT CARE; SERVICE: EXCEPTIONAL PATIENT AND CUSTOMER CARE; PARTNERING: BEST PLACE TO WORK; AND COST: COST-EFFECTIVE CARE, ALONG WITH A COMMITMENT TO THE VALUES OF HEALING IN THE BROADEST SENSE, PATIENTS COME FIRST, TREAT EACH OTHER LIKE FAMILY AND ALWAYS SEEK EXCELLENCE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 9 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Health Care organizations in Illinois.

President/ceo (see Pages 30-35)
Above 90th percentile
$6.8M
$7.5M
Physician
Highest Compensated Employee
75th to 90th percentile
$1.2M
$1.4M
Base
$682k
Bonus
$484k
Other
$22k
Benefits
$44k
Physician
Highest Compensated Employee
75th to 90th percentile
$1.2M
$1.4M
Base
$564k
Bonus
$613k
Other
$23k
Benefits
$11k
Physician
Highest Compensated Employee
75th to 90th percentile
$1.1M
$1.2M
Base
$784k
Bonus
$256k
Other
$30k
Benefits
$17k
Physician
Highest Compensated Employee
75th to 90th percentile
$994k
$1.1M
Base
$225k
Bonus
$713k
Other
$29k
Benefits
$11k
Physician
Highest Compensated Employee
75th to 90th percentile
$992k
$1.1M
Base
$248k
Bonus
$686k
Other
$22k
Benefits
$31k
Vp/cfo (term 01/2025)
Officer (Unspecified)
$88k
$97k
VP - Revenue Cycle
Vice President
25th percentile to median
$61k
$67k
Director/physician
Board Member
10th to 25th percentile
$34k
$37k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 6 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at ROCKFORD HEALTH PHYSICIANS equaled 4% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2023)
4%
Sector median
4%
Middle half of sector
1% to 13%

Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.

Top compensation, year by year

From $1.4M in 2022 to $6.8M in 2023.

$1.4M
2022
$6.8M
2023
In today's dollarsEst.
Up 376% in real terms$1.6M to $7.5M

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 1468% from 2022 to 2023, while revenue rose 10%.

$431k in 2022 to $6.8M in 2023.
  • Highest Compensated Employee pay fell 10% from 2022 to 2023.
  • Vice President pay fell 7% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about ROCKFORD HEALTH PHYSICIANS

What does the Chief Executive Officer of ROCKFORD HEALTH PHYSICIANS earn?

In 2023, the Chief Executive Officer of ROCKFORD HEALTH PHYSICIANS received $6,756,093 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Health Care organizations in Illinois: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at ROCKFORD HEALTH PHYSICIANS compare with similar nonprofits?

Compared with the same role at Health Care organizations in Illinois, the 2023 pay of the Chief Executive Officer at ROCKFORD HEALTH PHYSICIANS falls in the top 10%. In 2023, the highest total compensation at ROCKFORD HEALTH PHYSICIANS equaled 4% of the organization's total expenses. The median for health care organizations is 4%.

What are ROCKFORD HEALTH PHYSICIANS's revenue and expenses?

In 2023, ROCKFORD HEALTH PHYSICIANS reported $140.3M in total revenue and $171M in total expenses on its IRS Form 990.

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