Illinois Health And Science
- Assets
- $9.9m
- Revenue
- $91.0
- Investments
- $8.5m
- Employees
- 0
- Location
- Decatur, IL
- Founding
- 02/1988
- Data as of
- 09/2022
- EIN
- 37-1169606
Organization Overview
Illinois Health And Science is located in Decatur, IL. The organization was established in 1988. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, 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. Illinois Health And Science 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 09/2022, Illinois Health And Science generated $91.0 in total revenue. All expenses for the organization totaled $157.3k during the year ending 09/2022.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO SUPPORT AND BENEFIT HEALTH CARE SERVICES IN THE GREATER DECATUR AREA PRIMARILY BY PROVIDING SUPPORT FOR THE BENEFIT OF DECATUR MEMORIAL HOSPITAL (A 280-BED ACUTE CARE HOSPITAL AND RELATED FACILITIES PROVIDING COMPREHENSIVE INPATIENT, OUTPATIENT, AND PHYSICIAN SERVICES) INCLUDING OVERSEEING THE POST-CLOSING ACTIVITIES ASSOCIATED WITH THE SALE OF ASSETS OWNED BY ONE OF THE ORGANIZATION'S SUBSIDIARIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION SUPPORTS AND BENEFITS HEALTH CARE SERVICES IN THE GREATER DECATUR AREA PRIMARILY BY PROVIDING FINANCIAL SUPPORT FOR THE BENEFIT OF DECATUR MEMORIAL HOSPITAL (A 280-BED ACUTE CARE HOSPITAL AND RELATED FACILITIES PROVIDING COMPREHENSIVE INPATIENT, OUTPATIENT, AND PHYSICIAN SERVICES) INCLUDING OVERSEEING THE POST-CLOSING ACTIVITIES ASSOCIATED WITH THE SALE OF ASSETS OWNED BY ONE OF THE ORGANIZATION'S SUBSIDIARIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Altenbaumer Chairman Of | OfficerTrustee | 2 | $0 |
Jonathan Locke MD Director | Trustee | 2 | $0 |
Jack O'riley Director | Trustee | 2 | $0 |
John Waddock Director | Trustee | 2 | $0 |
Dennis Whalen Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kaufman Hall & Associates Consulting Serv | 9/29/19 | $258,086 |
Alvarez & Marsal Healthcare Consulting Serv | 9/29/19 | $738,482 |
Drinker Biddle Reath Llp Legal Services | 9/29/19 | $720,352 |
Hammond Hanlon Camp Llc Consulting Serv | 9/29/19 | $123,931 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $91 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $91 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,341 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,079 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $69,888 |
| Fees for services: Accounting | $8,741 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $317 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,825 |
| All other expenses | $0 |
| Total functional expenses | $157,312 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,187,584 |
| Savings and temporary cash investments | $178,666 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,213 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $8,481,010 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,852,473 |
| Accounts payable and accrued expenses | $5,550 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $11,500 |
| Total liabilities | $17,050 |
| Net assets without donor restrictions | $9,835,423 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $9,852,473 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ascension Via Christi Health Inc St Louis, MO | $224,688,914 | $97,145,070 |
Hospital & Medical Foundation Of Paris Inc Paris, IL | $105,317,026 | $88,599,305 |
Mercy Health Southwest Missouri Kansas Communities Joplin, MO | $10,110,095 | $51,629,462 |
Memorial Health System Springfield, IL | $156,520,865 | $97,418,294 |
Alabama Providence Healthcare Services St Louis, MO | $11,011,126 | $32,937,947 |
Wheaton Franciscan Healthcare-Iowa Inc Waterloo, IA | $26,954,347 | $50,265,958 |
Wheaton Franciscan Healthcare - Southeast Wisconsin Inc St Louis, MO | $170,280,677 | $49,335,705 |
Alexian Health Senior Care St Louis, MO | $102,929,303 | $37,706,553 |
Esperanza Health Centers Chicago, IL | $28,840,414 | $38,575,454 |
Primary Healthcare Associates Sc Harvey, IL | $3,794,694 | $21,243,184 |
Alexian Brothers Medical Care Group Nfp St Louis, MO | $4,939,954 | $17,353,672 |
Ucm Care Network Medical Group Inc Chicago, IL | $46,395,870 | $13,739,776 |