Illinois Orthopaedic Foundation
- Assets
- $101.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Glenview, IL
- Founding
- 03/2004
- Data as of
- 12/2022
- EIN
- 30-0208620
Organization Overview
Illinois Orthopaedic Foundation is located in Glenview, IL. The organization was established in 2004. According to its NTEE Classification (H50) the organization is classified as: Nerve, Muscle & Bone Diseases Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Illinois Orthopaedic Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Illinois Orthopaedic Foundation generated $73.0k in total revenue. All expenses for the organization totaled $48.9k during the year ending 12/2022. While expenses have increased by 118.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE CORPORATION IS TO SERVE AS AN EDUCATIONAL, RESEARCH AND CHARITABLE ORGANIZATION TO CONDUCT MEDICAL RESEARCH IN ORTHOPAEDICS
Describe the Organization's Program Activity:
Part 3
MEDICAL RESEARCH IN ORTHOPAEDICS RELATED TO KNEE AND JOINT
MEDICAL RESEARCH IN ORTHOPAEDICS RELATED TO KNEE AND JOINT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Chadwick Prodromos President | 0 | $0 | |
Althea Prodromos Treasurer | 0 | $0 | |
Marily Prodromos Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $73,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $73,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $40,000 |
| Professional fees and other payments to independent contractors | $3,650 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,276 |
| Total expenses | $48,926 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $101,312 |
| Other assets | $0 |
| Total assets | $101,312 |
| Total liabilities | $0 |
| Net assets or fund balances | $101,312 |