Michael Reese Health Trust
- Assets
- $0.0
- Revenue
- $12.6m
- Investments
- $139.3m
- Employees
- 0
- Location
- Elgin, IL
- Founding
- 10/1997
- Data as of
- 06/2015
- EIN
- 36-2170910
Organization Overview
Michael Reese Health Trust is located in Elgin, IL. The organization was established in 1997. According to its NTEE Classification (E99) the organization is classified as: Health Care N.E.C., under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Michael Reese Health Trust is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $370,436 |
| Interest on Savings | $62 |
| Dividends & Interest | $1,851,642 |
| Profit on Inventory Sales | $0 |
| Other Income | $450,295 |
| Total Revenue | $12,585,732 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $248,178 |
| Pension plans, employee benefits | $242,003 |
| Depreciation | $5,078 |
| Occupancy | $121,795 |
| Travel, conferences, and meetings | $16,598 |
| Printing and publications | $4,725 |
| Total operating and administrative expenses | $2,026,443 |
| Contributions, gifts, grants paid | $8,305,491 |
| Total expenses and disbursements | $10,331,934 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $67,692,332 |
| Other assets | $4,802,354 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Recieved
Over the last fiscal year, we have identified 16 grants that Michael Reese Health Trust has recieved totaling $2,751,215.
| Awarding Organization | Amount |
|---|---|
Fulk Family Foundation Inc Chicago, IL PURPOSE: GENERAL SUPPORT | $900,000 |
Partners In Health A Nonprofit Corporation Boston, MA PURPOSE: Sub-grantee to support the Reaching Equity through Community-based Vaccination Engagement and Resourcing (RECOVER) initiative to mobilize the US public health workforce and accelerate vaccine uptake. | $504,192 |
Arie And Ida Crown Memorial Chicago, IL PURPOSE: PROGRAM SUPPORT | $400,000 |
Healthy Communities Foundation Riverside, IL PURPOSE: HEALTH FIRST FUND | $250,000 |
Joyce Foundation Chicago, IL PURPOSE: MISSION FUND | $200,000 |
The Harry & Jeanette Weinberg Foundation Inc Owings Mills, MD PURPOSE: TO SUPPORT CHICAGO FUNDERS TOGETHER TO END HOMELESSNESS (CFTEH), A FUNDER COLLABORATIVE FOCUSED ON PREVENTING AND ENDING HOMELESSNESS IN THE CHICAGO REGION. | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Leslie Knott Letcher Perry Community Action Council Hazard, KY | $32,362,791 | $43,531,770 |
Horizon Home Care & Hospice Inc Milwaukee, WI | $36,563,484 | $49,942,124 |
Health Care Foundation Of Greater Kansas City Kansas City, MO | $855,422,735 | $35,289,913 |
Greater Family Health Elgin, IL | $19,845,692 | $37,347,914 |
Naperville Psychiatric Ventures Naperville, IL | $28,089,963 | $28,493,371 |
Siouxland Pace Inc Sioux City, IA | $9,694,678 | $21,496,656 |
Michael Reese Health Trust Elgin, IL | $0 | $12,585,732 |
Omnipath Inc Paducah, KY | $660,564 | $9,841,059 |
Cquest America Inc Springfield, IL | $2,109,931 | $9,012,426 |
Rush System For Health Chicago, IL | $221,263 | $9,105,865 |
St Claras Manor Lincoln, IL | $2,010,874 | $9,192,803 |
Regional Enterprises Inc Ashland, WI | $4,269,557 | $6,977,377 |