Form 990 for tax year 2024
Filed by HEKTOEN INSTITUTE FOR MEDICAL RESEARCH.
Totals
- Total revenue
- $18,868,833
- Total expenses
- $16,814,470
- Contributions and grants received
- $1,438,522
- Grants paid
- $0
- Program service revenue
- $14,742,622
- Investment income
- $2,687,689
- Other revenue
- $0
- Total assets, end of year
- $80,134,380
- Total liabilities, end of year
- $17,365,698
- Net assets or fund balances, end of year
- $62,768,682
- Program services expenses (Part IX)
- $13,680,437
- Management and general expenses
- $3,134,033
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $13,680,437
Program services were 81.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$1,438,522
-
2a · Program service revenue: GOVERNMENT CONTRACTS
total $14,645,110 · related or exempt $14,645,110
-
2b · Program service revenue: GRANT ADMINISTRATION
total $75,311 · related or exempt $75,311
-
2c · Program service revenue: MISCELLANEOUS INCOME
total $22,201 · related or exempt $22,201
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $1,866,091 · excluded $1,866,091
-
6c · Rental income or loss
real property $0 · personal property $0
-
7a · Gross sales of assets other than inventory
securities $2,161,153
-
7b · Less cost or other basis and sales expenses
securities $1,339,555
-
7c · Gain or loss
securities $821,598 · other assets $0
-
7d · Net gain or loss
total $821,598 · excluded $821,598
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $254,516 · program services $0 · management and general $254,516 · fundraising $0
-
7 · Other salaries and wages
total $7,460,393 · program services $6,144,300 · management and general $1,316,093
-
8 · Pension plan contributions
total $276,995 · program services $276,995
-
9 · Other employee benefits
total $1,284,317 · program services $959,633 · management and general $324,684
-
11b · Fees: legal
total $18,962 · management and general $18,962
-
11c · Fees: accounting
total $203,614 · management and general $203,614
-
11f · Fees: investment management
total $931 · management and general $931
-
11g · Fees: other
total $4,446,616 · program services $4,252,746 · management and general $193,870 · fundraising $0
-
13 · Office expenses
total $431,787 · program services $407,075 · management and general $24,712
-
16 · Occupancy
total $423,660 · program services $170,268 · management and general $253,392
-
17 · Travel
total $77,938 · program services $77,682 · management and general $256
-
22 · Depreciation, depletion and amortization
total $15,694 · management and general $15,694
-
23 · Insurance
total $377,006 · management and general $377,006
-
24a · Other expenses: PARTICIPANT FEES AND ASSISTANCE
total $507,700 · program services $507,700
-
24b · Other expenses: LAB SUPPLIES
total $400,961 · program services $384,483 · management and general $16,478
-
24c · Other expenses: MISCELLANEOUS
total $308,169 · program services $203,878 · management and general $104,291
-
24d · Other expenses: MAINTENANCE AND REPAIRS
total $138,569 · program services $130,505 · management and general $8,064
-
24e · All other expenses
total $186,642 · program services $165,172 · management and general $21,470 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $5,674,640 · end of year $9,818,393
-
2 · Savings and temporary cash investments
beginning of year $17,900,649 · end of year $19,176,623
-
3 · Pledges and grants receivable
beginning of year $5,091,079 · end of year $2,236,034
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $62,410 · end of year $16,855
-
9 · Prepaid expenses and deferred charges
beginning of year $354,898 · end of year $184,322
-
10a · Land, buildings and equipment: cost or other basis
$964,222
-
10b · Land, buildings and equipment: accumulated depreciation
$964,222
-
10c · Land, buildings and equipment, net
beginning of year $15,694 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $45,277,478 · end of year $48,109,164
-
12 · Investments: other securities
beginning of year $0
-
13 · Investments: program-related
beginning of year $0
-
15 · Other assets
beginning of year $415,453 · end of year $592,989
-
17 · Accounts payable and accrued expenses
beginning of year $1,282,813 · end of year $977,855
-
19 · Deferred revenue
beginning of year $221,150 · end of year $33,155
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $16,308,353 · end of year $16,354,688
-
27 · Net assets without donor restrictions
beginning of year $56,914,568 · end of year $62,703,265
-
28 · Net assets with donor restrictions
beginning of year $65,417 · end of year $65,417
Mission and programs · 2024
Mission
HEKTOEN INSTITUTE IS THE FISCAL AGENT FOR GRANTS FROM COOK COUNTY RELATED TO MEDICAL RESEARCH, CLINICAL TRIALS, AND PHARMACEUTICAL STUDIES.
Activities or mission (Part I)
HEKTOEN INSTITUTE IS THE FISCAL AGENT FOR GRANTS TO COOK COUNTY RELATED TO MEDICAL RESEARCH.
-
THE INSTITUTE MANAGES MANY CLINICAL RESEARCH AND PROGRAM DEMONSTRATION PROJECTS FOR AFFILIATED AGENCIES. THE RANGE OF CLINICAL RESEARCH ACTIVITIES INCLUDES MEDICAL AND BEHAVIORAL INTERVENTIONS AND CLINICAL TRIALS, AS WELL AS COHORT, OBSERVATIONAL, AND NATURAL HISTORY STUDIES. THE INSTITUTE'S PROGRAM DEMONSTRATION PROJECTS FOCUS ON NOVEL, EFFICIENT, OR EFFICACIOUS METHODOLOGIES OF SERVICE DELIVERY. THESE PROGRAMS RANGE FROM COST STUDIES OF SUBSTANCE ABUSE INTEGRATION INTO THE PRIMARY CARE MODEL OF AN HIV CLINIC TO A WIDE VARIETY OF NEW PROJECTS FOCUSING ON BIOTERRORISM, AMONG MANY OTHERS.
Expenses $7,054,351 · Revenue $7,636,678
-
THE MAJORITY OF THE PROGRAM DELIVERY ACTIVITIES OF THE INSTITUTE ARE MADE ON BEHALF OF THE COOK COUNTY HEALTH AND HOSPITAL SYSTEMS, WHOSE GRANTS, CONTRACTS, AND COOPERATIVE AGREEMENTS ARE RECEIVED BY THE INSTITUTE. THE SERVICES ADMINISTERED ARE VERY WIDE RANGING. THE INSTITUTE'S LARGEST PROGRAMS FOCUS ON HEALTH CARE FOR PATIENTS WITH HIV/AIDS. THE INSTITUTE'S OTHER MEDICAL CARE DELIVERY PROGRAMS INCLUDE MANY ASPECTS OF INTERNAL MEDICINE, PEDIATRICS, PSYCHIATRY, OBSTETRICS AND GYNECOLOGY, GERIATRICS, SURGERY, AND SUPPORT SERVICES SUCH AS LABORATORY, RADIOLOGY, AND PHARMACY.
Expenses $6,626,086 · Revenue $7,105,944
-
THE INSTITUTE SUPPORTS THE TRAINING AND EDUCATIONAL MISSION OF ITS AFFILIATES. MOST OF THE INSTITUTE'S EFFORTS IN THIS CATEGORY ARE MADE ON BEHALF OF THE COOK COUNTY HEALTH AND HOSPITAL SYSTEMS. THE INSTITUTE'S TRAINING GRANTS FOCUS ON THE EDUCATION OF FACULTY, FELLOWS, AND RESIDENTS. THE INSTITUTE PARTICIPATES IN A VARIETY OF PROJECTS OFFERING CONTINUING MEDICAL EDUCATION PROGRAMS TO THE STAFF OF THE COOK COUNTY HEALTH AND HOSPITAL SYSTEMS AND TO OTHER MEDICAL PROVIDERS IN THE COMMUNITY. THE INSTITUTE HAS PROJECTS THAT FOCUS ON PATIENT AND COMMUNITY EDUCATION FOR SPECIFIC DISEASES OR SPECIFIC ASPECTS OF CARE.
As filed on the 2024 return.
Listed in Part VII
-
George Dunea MDGEORGE DUNEA MD
TRUSTEE/PRESIDENT AND COO
- Total calculated
- $0
- Hours/week
- 22
-
Alan SchriesheimALAN SCHRIESHEIM
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Alvin KruseALVIN KRUSE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Brian J O'Dea CPABRIAN J O'DEA CPA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Courtney R Avery MPHCOURTNEY R AVERY MPH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Douglas K WalkerDOUGLAS K WALKER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Douglas R SiefkenDOUGLAS R SIEFKEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dr Ashutosh Gupta MDDR ASHUTOSH GUPTA MD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dr Peggy ChouDR PEGGY CHOU
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Earl C Smith MDEARL C SMITH MD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jagjit JainJAGJIT JAIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
James I Franklin MDJAMES I FRANKLIN MD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Joseph EspositoJOSEPH ESPOSITO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Kathleen WeberKATHLEEN WEBER
CO-INVESTIGATOR, TRUSTEE
- Total calculated
- $254,516
- From this org
- $205,037
- From related orgs
- $0
- Other
- $49,479
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $205,037
- Bonus
- $0
- Other
- $0
- Deferred
- $12,302
- Nontaxable benefits
- $37,177
- Filer's total
- $254,516
-
Mark GrachMARK GRACH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mary Ann McDermottMARY ANN MCDERMOTT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Peter Dawari Hart MD FacpPETER DAWARI HART MD FACP
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Sally Metzler PhDSALLY METZLER PHD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mariela RomoMARIELA ROMO
ADMINISTRATOR
- Total calculated
- $253,449
- From this org
- $207,127
- From related orgs
- $0
- Other
- $46,322
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $207,127
- Bonus
- $0
- Other
- $0
- Deferred
- $11,411
- Nontaxable benefits
- $34,911
- Filer's total
- $253,449
-
Carole WarshawCAROLE WARSHAW
DVMHPI EXEC DIRECTOR
- Total calculated
- $228,742
- From this org
- $200,401
- From related orgs
- $0
- Other
- $28,341
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $200,401
- Bonus
- $0
- Other
- $0
- Deferred
- $12,024
- Nontaxable benefits
- $16,317
- Filer's total
- $228,742
-
Elizabeth M Daubert DillonELIZABETH M DAUBERT DILLON
PROJECT DIRECTOR
- Total calculated
- $151,211
- From this org
- $115,500
- From related orgs
- $0
- Other
- $35,711
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $115,500
- Bonus
- $0
- Other
- $0
- Deferred
- $6,930
- Nontaxable benefits
- $28,781
- Filer's total
- $151,211
-
Gabriela ZapataGABRIELA ZAPATA
ASSOCIATE DIRECTOR
- Total calculated
- $201,431
- From this org
- $154,996
- From related orgs
- $0
- Other
- $46,435
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $154,996
- Bonus
- $0
- Other
- $0
- Deferred
- $9,300
- Nontaxable benefits
- $37,135
- Filer's total
- $201,431
-
Norma RolfsenNORMA ROLFSEN
PROGRAM MANAGER
- Total calculated
- $194,991
- From this org
- $168,560
- From related orgs
- $0
- Other
- $26,431
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $168,560
- Bonus
- $0
- Other
- $0
- Deferred
- $10,114
- Nontaxable benefits
- $16,317
- Filer's total
- $194,991
-
Sarah E WilliamsSARAH E WILLIAMS
NURSE PRACTITIONER
- Total calculated
- $158,864
- From this org
- $114,209
- From related orgs
- $0
- Other
- $44,655
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $114,209
- Bonus
- $0
- Other
- $0
- Deferred
- $6,852
- Nontaxable benefits
- $37,803
- Filer's total
- $158,864
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
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HEKTOEN INSTITUTE OF MEDICINE LLC (SINGLE MEMBER LLC)
MEDICAL SERVICES · IL · income $16,181,144 · assets $32,594,837
Directly controlled by THE HEKTOEN INSTUTUTE OF MEDICINE
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 30 March 2026
- IRS schema version
- 2024v5.1
- Source object
- 202630899349300763
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