Velarion Records

Critical access hospital · Hopedale, Illinois · 25 beds · CMS certification number 141330

Hopedale Medical Complex

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS December 15, 2025. 22 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$45.0M
$44,998,782 · G-3 line 3
Operating expenses
$40.2M
$40,196,334 · G-3 line 4
Result from patient care
$4.8M
$4,802,448 · G-3 line 5
Margin on patient care
10.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $16.1M in its first year on file (2004) to $45.0M in 2025.
  • Its result from patient care: $5.5M (2023), $4.6M (2024), $4.8M (2025).
  • 3 of the 5 critical access hospital peers below with a margin on file also report a gain on patient care for fiscal year 2025.

Every statement is drawn from figures on this page; nothing is estimated.

22 years of filings

Net patient revenue against operating expenses, each year as filed.

Net patient revenueOperating expenses
2004
reopened
$16.1M
$17.0M
2005
settled
$18.9M
$18.2M
2006
settled
$20.3M
$19.4M
2007
reopened
$28.9M
$21.1M
2008
settled with audit
$20.7M
$21.4M
2009
settled
$22.6M
$22.5M
2010
settled
$20.9M
$22.6M
2011
settled
not filed
$21.7M
2012
settled
$24.1M
$24.2M
2013
settled
$23.3M
$22.9M
2014
settled
$22.1M
$22.5M
2015
settled with audit
$23.5M
$23.4M
2016
settled
$23.5M
$23.8M
2017
settled
$23.8M
$25.1M
2018
settled
$26.1M
$26.4M
2019
settled
$27.6M
$29.3M
2020
settled
$29.8M
$31.5M
2021
settled
$33.7M
$31.8M
2022
settled
$36.3M
$34.1M
2023
settled
$42.4M
$36.9M
2024
amended
$43.4M
$38.9M
2025
as submitted
$45.0M
$40.2M

Beside its peers

Critical access hospitals in Illinois with 25 to 49 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Hopedale Medical Complex25$44,998,782$40,196,33410.7%
Carle Eureka Hospital, Eureka25$33,442,659$31,215,6766.7%
Community Hospital of Staunton, Staunton25$29,036,790$23,365,93519.5%
OSF Saint Paul Medical Center, Mendota25$65,140,047$63,955,6261.8%
Midwest Medical Center, Galena25$44,409,156$49,181,907−10.8%
Boyd Healthcare Services, Carrollton25$17,573,180$19,761,600−12.4%

Patients and payers

Discharges
173
S-3 line 14, col 15
Inpatient days
1,646
S-3 line 14, col 8
Beds in use, on an average day
4.5
days ÷ days in year
Occupancy
18.0%
days ÷ bed days
Medicare share of days
81.0%
S-3 cols 6 ÷ 8

Who owns it

Related organizations on its own cost report: HOPEDALE MEDICA (100%), physicians.

Type of control on its cost report: voluntary nonprofit, other.

Community benefit, as filed

From IRS Form 990 Schedule H, Part I, filed by THE HOPEDALE MEDICAL FOUNDATION (employer identification number 370808925) for tax year 2022. The return lists this hospital as its one hospital facility.

FigureAs filedWhere it comes from
Total community benefit expense (line 7k)$1,106,085IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$155,168IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Medicaid (line 7b)$527,340IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$806,282IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$299,803IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.0314IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202421369349309392. The IRS archive it was read from.

Executive and director compensation, as filed

From IRS Form 990 Part VII, Section A, filed by THE HOPEDALE MEDICAL FOUNDATION (employer identification number 370808925) for tax year 2022. The return lists this hospital as its one hospital facility.

NameTitleRoleReportable comp, from this organizationReportable comp, from related organizationsOther compensation
ALFRED N ROSSI MDCHAIRMAN/CHIEF EXECUTIVE OFFICERTrustee/director, Officer$0$0$0
BRAD KAUFMANNCERTIFIED REGISTERED NURSE ANESTHETISTHighest-compensated employee$247,052$0$40,019
CHRISTOPHER CAMPBELLDIRECTORTrustee/director$0$0$0
DONALD G OSWALDDIRECTORTrustee/director$0$0$0
EMILY WHITSONCHIEF OPERATING OFFICEROfficer$327,345$0$41,769
JARIE A SLACKFORMER DIRECTORTrustee/director$0$0$0
JASON KOBLERCERTIFIED REGISTERED NURSE ANESTHETISTHighest-compensated employee$247,052$0$38,426
JEFF PIPERFORMER CHIEF FINANCIAL OFFICEROfficer$141,883$0$14,742
JOAN HARRISONDIRECTORTrustee/director$0$0$0
MATTHEW B ROSSI MDSECRETARY/TREASURERTrustee/director, Officer$97,826$0$0
MICHAEL KEEDYCERTIFIED REGISTERED NURSE ANESTHETISTHighest-compensated employee$266,552$0$33,249
NICHOLAS B ROSSI MDDIRECTORTrustee/director$1,500,000$0$0
PHILLIP J ROSSI MDDIRECTORTrustee/director$14,437$0$0
ROBERT SEIDL MDPHYSICIANHighest-compensated employee$305,448$0$0
ROLAND RICHDIRECTORTrustee/director$0$0$0
TIMOTHY SONDAGCHIEF NURSING OFFICER, VPHighest-compensated employee$200,603$0$27,583
TOM HIESERDIRECTORTrustee/director$0$0$0

E-file object id 202421369349309392. The IRS archive it was read from.

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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 141330. Patients and payers: worksheet S-3 Part I of the same filing.

How this page was built: the CMS Medicare cost report, file HOSP10FY2024.ZIP, read December 15, 2025.