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Nonprofit · EIN 39-1028081

BELOIT HEALTH SYSTEM INC

Tax-exempt · BELOIT, WI 53511

Financials

$277.2M$273.2M2023$297.2M$293.3M2024$314M$307M2025
Revenue Expenses · by fiscal year end
Financials of BELOIT HEALTH SYSTEM INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$314,003,440$306,986,160$7,017,280$310,860,628$114,053,426$196,807,202
December 31, 2024990$297,175,863$293,286,088$3,889,775$290,930,011$106,667,755$184,262,256
December 31, 2023990$277,167,593$273,155,219$4,012,374$279,624,208$106,182,701$173,441,507
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$297,794,199
Investment income
$11,308,708
Net rental income
$551,602
Net gain from sales of assets
$5,085,012
Other revenue
$4,900,533

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$6,284,862
Other salaries and wages
$117,257,385
Salaries, compensation and benefits (total)
$160,441,073
Professional fundraising fees
$0
Legal fees
$509,148
Accounting fees
$116,338
Occupancy
$7,713,370
Travel
$175,814
Depreciation
$9,515,654
Program services (functional)
$259,873,223
Management and general (functional)
$47,112,937

Balance sheet and other

Total assets, start of year
$290,930,011
Total assets, end of year
$310,860,628
Total liabilities, end of year
$114,053,426
Net assets, end of year
$196,807,202
Land, buildings and equipment
$127,141,349
Publicly traded securities
$66,493,841
Net assets without donor restrictions
$196,807,202
Gross receipts
$314,288,428
Employees
1,886
Volunteers
0
Year formed
1965
State of legal domicile
WI

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Timothy M McKevettNon Voting Board Member & System President & CEO
Officer
40$1,329,221$183,470
Edward NabrinskyPhysician
Highest-paid employee
40$1,360,058$0
Leo Egbujiobi MDPhysician
Highest-paid employee
40$1,135,304$13,800
Kevin Tomera MDPhysician
Highest-paid employee
40$1,060,708$13,800
Roger Kapoor MDVP of Physician Clinics/Medical Affairs/Physician
Key employee
40$1,044,247$13,800
Charles Laham MDPhysician
Highest-paid employee
40$941,516$13,800
Paul Segal MDPhysician
Highest-paid employee
40$923,649$13,800
Jamie Frantz MDBoard Member & Physician
Trustee or director
40$839,940$13,800
Tsu-Hon Wang MDBoard Secretary & Physician
Trustee or director
40$807,772$13,800
James BirdVP of Financial Services
Officer
40$472,367$13,800
Robert Lisek MDBoard Member & Physician
Trustee or director
40$426,728$13,800
Kenneth Klein MDBoard Member & Physician
Trustee or director
40$385,638$0
Thomas McCawleyVP of Human Relations
Key employee
40$339,699$13,466
Sharon CoxVP of Nursing Services
Key employee
40$337,908$12,730
Nommo DonaldVice President
Key employee
40$301,342$11,569
7 more people on this return
NameTitleHours / weekCompensation
Bonnie WetterBoard Chair
Trustee or director
0$0
John WongBoard Vice Chair
Trustee or director
0$0
Kathy HendricksBoard Member
Trustee or director
0$0
James PackardBoard Member
Trustee or director
0$0
William DeLongBoard Member
Trustee or director
0$0
Kristi Cole PhDBoard Member
Trustee or director
0$0
Mark GliebeBoard Member
Trustee or director
0$0
990 for the year ended December 31, 2024: 22 people
NameTitleHours / weekCompensationOther / benefits
Timothy M McKevettNon Voting Board Member & System President & CEO
Officer
40$1,161,259$145,339
Roger Kapoor MDVP of Physician Clinics/Medical Affairs/Physician
Key employee
40$1,113,269$13,800
Leo Egbujiobi MDBoard Member & Physician
Trustee or director
40$1,110,582$13,800
Paul Segal MDPhysician
Highest-paid employee
40$944,950$13,800
Kevin Tomera MDPhysician
Highest-paid employee
40$928,052$13,800
Charles Laham MDPhysician
Highest-paid employee
40$901,123$13,800
Bin Jatta MDPhysician
Highest-paid employee
40$874,723$13,800
Zachary Zimmerman MDPhysician
Highest-paid employee
40$864,702$13,800
Tsu-Hon Wang MDBoard Secretary & Physician
Trustee or director
40$815,254$13,800
Jamie Frantz MDBoard Member & Physician
Trustee or director
40$812,735$13,800
James BirdVP of Financial Services
Officer
40$444,264$13,800
Robert Lisek MDBoard Member & Physician
Trustee or director
40$433,481$13,800
Kenneth Klein MDBoard Member & Physician
Trustee or director
40$429,887$0
Thomas McCawleyVP of Human Relations
Key employee
40$330,091$13,466
Sharon CoxVP of Nursing Services
Key employee
40$311,238$12,730
Nommo DonaldVice President
Key employee
40$282,840$11,569
Bonnie WetterBoard Chair
Trustee or director
0$0$0
John WongBoard Vice Chair
Trustee or director
0$0$0
Kathy HendricksBoard Member
Trustee or director
0$0$0
James PackardBoard Member
Trustee or director
0$0$0
William DeLongBoard Member
Trustee or director
0$0$0
Kristi Cole PhDBoard Member
Trustee or director
0$0$0
990 for the year ended December 31, 2023: 23 people
NameTitleHours / weekCompensationOther / benefits
Timothy M McKevettNon Voting Board Member & System President & CEO
Officer
40$1,355,693$45,801
Roger Kapoor MDVP of Physician Clinics/Medical Affairs/Physician
Key employee
40$1,298,687$14,850
Leo Egbujiobi MDBoard Member & Physician
Trustee or director
40$1,157,463$14,850
Glenn Tan MDPhysician
Highest-paid employee
40$1,004,409$14,850
Paul Segal MDPhysician
Highest-paid employee
40$900,572$14,850
Tsu-Hon Wang MDBoard Secretary & Physician
Trustee or director
40$882,571$14,850
Kevin Tomera MDPhysician
Highest-paid employee
40$871,968$14,850
Bin Jatta MDPhysician
Highest-paid employee
40$869,180$14,850
David Yoon MDPhysician
Highest-paid employee
40$864,224$14,850
Jamie Frantz MDBoard Member & Physician
Trustee or director
40$821,281$14,850
Kenneth Klein MDBoard Member & Physician
Trustee or director
40$433,780$6,600
James BirdVP of Financial Services
Officer
40$421,934$14,850
Robert Lisek MDBoard Member & Physician
Trustee or director
40$362,094$14,850
Thomas McCawleyVP of Human Relations
Key employee
40$346,728$14,850
Sharon CoxVP of Nursing Services
Key employee
40$332,764$11,901
Nommo DonaldVice President
Key employee
40$279,827$12,904
James B FisherBoard Chair
Trustee or director
0$0$0
Mark GliebeBoard Vice Chair
Trustee or director
0$0$0
David McCoyBoard Treasurer
Trustee or director
0$0$0
Kathy HendricksBoard Member
Trustee or director
0$0$0
James PackardBoard Member
Trustee or director
0$0$0
William DeLongBoard Member
Trustee or director
0$0$0
John WongBoard Member
Trustee or director
0$0$0

Address and contacts

Address (IRS master file)
1969 W HART RD, BELOIT, WI 53511-2230
In care of
% BELOIT MEMORIAL HOSPITAL
Principal officer (990 for 2025)
James Bird, 1969 West Hart Road, Beloit, WI 53511
Signed the 990
James Bird, CFO
Phone
(608) 364-5011

Mission

Beloit Health System provides quality medical health care regardless of race, creed, sex, national origin, disability, age or ability to pay. During 2025, the System's Hospital served over 4,500 inpatients including newborns and provided more than 821,000 outpatient services, the NorthPointe facility provided more than 95,000 outpatient services and the Clinics provided more than 221,000 encounters. The Health System is equipped to serve the greater Beloit areas entire spectrum of health needs and strives to continue the long-standing tradition of providing excellent general acute care and to better serve the greater Beloit area.

990 for the year ended December 31, 2025

Program accomplishments

  • Inpatient Revenue: Total adult admissions of 4,177 with an average daily census of 50 and an average length of stay of 4.4 days. This is in comparison to 2024 where admissions were 4,336 with an average daily census of 55 and an average length of stay of 4.6 days. Total patient days were 18,270 compared to 20,006 in 2024.
    Expenses $55,949,774 · revenue $64,114,023
  • Outpatient Revenue: Total Hospital and NorthPointe outpatient procedures for 2025 were just over 916,000 compared to just over 919,000 in 2024. Total Physician Clinic encounters were just over 221,000, an increase from 217,000 in 2024 due to active physician recruitment.
    Expenses $203,923,449 · revenue $233,680,176

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
39-1028081
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Hospital or medical research organization
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1965
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E220)
Assets (IRS master file)
$310,860,628
Income (IRS master file)
$314,288,428

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$314,003,440$306,986,160$310,860,628XML
990December 2024$297,175,863$293,286,088$290,930,011IRS
990December 2023$277,167,593$273,155,219$279,624,208XML
990December 2022$260,441,723$257,059,268$278,045,148IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about BELOIT HEALTH SYSTEM INC

What is the EIN of BELOIT HEALTH SYSTEM INC?
The employer identification number (EIN) of BELOIT HEALTH SYSTEM INC is 39-1028081.
Is BELOIT HEALTH SYSTEM INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1965.
Are donations to BELOIT HEALTH SYSTEM INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BELOIT HEALTH SYSTEM INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BELOIT HEALTH SYSTEM INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BELOIT HEALTH SYSTEM INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of BELOIT HEALTH SYSTEM INC?
The 990 for the year ended December 31, 2025 names James Bird.
Who are the officers and directors of BELOIT HEALTH SYSTEM INC?
The 990 for the year ended December 31, 2025 lists 22 people; 15 received compensation from the organization, the highest $1,329,221 (Timothy M McKevett, Non Voting Board Member & System President & CEO).
How much revenue does BELOIT HEALTH SYSTEM INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $314,003,440, expenses of $306,986,160 and total assets of $310,860,628 at year end.

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