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Nonprofiteer
← UCM MEDICAL GROUP INC

Form 990 for tax year 2023

Filed by UCM MEDICAL GROUP INC.

Totals

Total revenue
$54,135,321
Total expenses
$64,564,188
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$56,102,869
Investment income
-$1,967,548
Other revenue
$0
Total assets, end of year
$84,406,063
Total liabilities, end of year
$126,404,586
Net assets or fund balances, end of year
-$41,998,523
Program services expenses (Part IX)
$62,531,779
Management and general expenses
$2,032,409
Fundraising expenses
$0
Program service expenses (Part III)
$62,506,663

Program services were 96.9% 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.

  • 2a · Program service revenue: NET PATIENT REVENUE

    total $54,756,787 · related or exempt $54,756,787

  • 2b · Program service revenue: CAPITATION REVENUE

    total $1,291,872 · related or exempt $1,291,872

  • 2c · Program service revenue: OTHER OPERATING

    total $54,210 · related or exempt $54,210

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6a · Gross rents

    real property $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0 · excluded $0

  • 7a · Gross sales of assets other than inventory

    other assets $21,092,803

  • 7b · Less cost or other basis and sales expenses

    other assets $23,060,351

  • 7c · Gain or loss

    securities $0 · other assets -$1,967,548

  • 7d · Net gain or loss

    total -$1,967,548 · excluded -$1,967,548

  • 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 $2,719,954 · program services $2,615,614 · management and general $104,340

  • 7 · Other salaries and wages

    total $19,455,210 · program services $18,417,620 · management and general $1,037,590

  • 8 · Pension plan contributions

    total $462,570 · program services $436,894 · management and general $25,676

  • 9 · Other employee benefits

    total $1,442,259 · program services $1,286,388 · management and general $155,871

  • 10 · Payroll taxes

    total $935,466 · program services $841,919 · management and general $93,547

  • 11g · Fees: other

    total $13,237,153 · program services $12,833,967 · management and general $403,186 · fundraising $0

  • 12 · Advertising and promotion

    total $234 · management and general $234

  • 13 · Office expenses

    total $253,099 · program services $193,826 · management and general $59,273

  • 14 · Information technology

    total $187,657 · program services $103,211 · management and general $84,446

  • 16 · Occupancy

    total $1,992,253 · program services $1,964,388 · management and general $27,865

  • 17 · Travel

    total $324,551 · program services $291,649 · management and general $32,902

  • 22 · Depreciation, depletion and amortization

    total $3,116,527 · program services $3,116,527

  • 23 · Insurance

    total $1,931,303 · program services $1,931,303

  • 24a · Other expenses: DRUGS AND MEDICAL SUPPLIES

    total $18,334,088 · program services $18,334,088

  • 24b · Other expenses: IMPLANTS

    total $46,083 · program services $46,083

  • 24c · Other expenses: EQUIP RENT/MAINT

    total $42,797 · program services $38,808 · management and general $3,989

  • 24d · Other expenses: TRANSPORTATION SERVICES

    total $31,959 · program services $31,959

  • 24e · All other expenses

    total $51,025 · program services $47,535 · management and general $3,490 · fundraising $0

Balance sheet

Part X, book values.

  • 4 · Accounts receivable

    beginning of year $2,587,030 · end of year $5,749,152

  • 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

  • 9 · Prepaid expenses and deferred charges

    beginning of year $697,907 · end of year $239,522

  • 10a · Land, buildings and equipment: cost or other basis

    $23,825,534

  • 10b · Land, buildings and equipment: accumulated depreciation

    $10,412,608

  • 10c · Land, buildings and equipment, net

    beginning of year $16,318,541 · end of year $13,412,926

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 14 · Intangible assets

    beginning of year $20,367,100 · end of year $9,043,869

  • 15 · Other assets

    beginning of year $0 · end of year $55,960,594

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,664,205 · end of year $3,880,782

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $69,876,029 · end of year $122,523,804

  • 27 · Net assets without donor restrictions

    beginning of year -$31,569,656 · end of year -$41,998,523

Mission and programs · 2023

Mission

TO ADVANCE THE SHARED MISSION OF UCM CARE NETWORK MEDICAL GROUP, INC. AND THE UNIVERSITY OF CHICAGO MEDICAL CENTER BY PROMOTING COMMUNITY HEALTH THROUGH THE EMPLOYMENT AND ENGAGEMENT OF PHYSICIANS AND OTHER PROFESSIONALS WITH THE OBJECTIVE OF PROVIDING HIGH QUALITY, COST EFFICIENT, AND EFFECTIVE CARE TO THE UNIVERSITY OF CHICAGO MEDICAL CENTER AND THE COMMUNITY.

  • HEMATOLOGY ONCOLOGY: UCM CARE NETWORK MEDICAL GROUP OFFERS ADVANCED, PERSONALIZED CANCER CARE FOR CANCERS OF THE BLOOD. OUR WORLD-CLASS ONCOLOGY TEAM PROVIDES THE MOST ADVANCED CARE, LEADING-EDGE RESEARCH, LATEST CLINICAL TRIALS, AND NEWEST TREATMENTS FOR LEUKEMIA, LYMPHOMA, AND MULTIPLE MYELOM.

    Expenses $23,085,837 · Revenue $10,838,704

  • PRIMARY CARE: Primary care practices provide expert care for preventive health and routine checkups. Care Network Medical Group has a world-renowned networK of physician specialists who can help with any medical issues that arise. A primary care physician (PCP) is a patient's main health care provider and is involved in short and long-term medical care. Every type of primary care physician is on staff, including Family Medicine Physicians, Geriatricians, Gynecologists, Internists, and Pediatricians. Many clinics also employ nurse practitioners. As a result, patients can receive the primary care services needed across a patient's lifetime. PCPs work side by side with any specialists to treat a disease or condition. Together, PCPs and specialists effectively co-manage patient health and ensure that patients receive comprehensive, coordinated care. Services provided include Annual wellness exams and preventive screenings for men, women and children, Immunizations and developmental screenings for children, Onsite outpatient procedures and diagnostics, School and sports physicals, Care for urgent medical issues, such as upper respiratory infections, urinary tract infections, sprains and bronchitis, and Care for common chronic conditions, such as diabetes, allergies, high blood pressure, asthma, arthritis, anxiety and depression. Many clinics also have onsite lab testing (e.g., blood sugar readings, urine analysis) so testing can be done at the same time patients visit physicians.

    Expenses $20,357,226 · Revenue $10,516,475

  • OB/GYN: Experts at the University of Chicago Medicine provide a full spectrum of general and specialized obstetric and gynecologic care. From preventive well woman exams and prenatal care to minimally invasive surgery and high-risk pregnancy care, our team offers the latest advancements in reproductive health for women and girls.

    Expenses $3,514,434 · Revenue $5,828,036

  • Other care network medical group specialties include Diabetes, Oncology, Rheumatology, Vascular, Multispecialty, Endocrinology, Dermatology, Cardiology, Radiology Oncology, OB/Gyn, Gastroenterology, Physical Therapy, Pediatrics, Surgery, Podiatry, Nephrology, Psychiatry, ENT, Neurology, pain management, and orthopedics.

    Expenses $15,549,166 · Revenue $28,919,654

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Aytek Oto MD

    BOARD CHAIR AND DIRECTOR

    Total calculated
    $1,243,287
    From this org
    $0
    From related orgs
    $1,105,340
    Other
    $137,947
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $903,140 related
    Bonus
    $0 + $202,200 related
    Other
    $0
    Deferred
    $0 + $26,400 related
    Nontaxable benefits
    $0 + $111,547 related
    Filer's total
    $0 + $1,243,287 related

  • Leslie Les R Stern

    PRESIDENT, CARE NETWORK (THRU 3/31/24)

    Total calculated
    $696,994
    From this org
    $0
    From related orgs
    $576,272
    Other
    $120,722
    Hours/week
    1 + 44 related

    Schedule J breakdown matched by us

    Base
    $0 + $446,414 related
    Bonus
    $0 + $104,305 related
    Other
    $0 + $25,553 related
    Deferred
    $0 + $76,040 related
    Nontaxable benefits
    $0 + $44,682 related
    Filer's total
    $0 + $696,994 related

  • Amit Joshi MD

    DIRECTOR

    Total calculated
    $570,742
    From this org
    $508,936
    From related orgs
    $0
    Other
    $61,806
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $350,117
    Bonus
    $158,005
    Other
    $814
    Deferred
    $24,750
    Nontaxable benefits
    $37,056
    Filer's total
    $570,742

  • Debra Stulberg MD

    DIRECTOR

    Total calculated
    $411,799
    From this org
    $0
    From related orgs
    $346,412
    Other
    $65,387
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $316,412 related
    Bonus
    $0 + $30,000 related
    Other
    $0
    Deferred
    $0 + $26,400 related
    Nontaxable benefits
    $0 + $38,987 related
    Filer's total
    $0 + $411,799 related

  • Kara Davis MD

    DIRECTOR

    Total calculated
    $266,057
    From this org
    $218,086
    From related orgs
    $0
    Other
    $47,971
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $176,714
    Bonus
    $40,283
    Other
    $1,089
    Deferred
    $11,265
    Nontaxable benefits
    $36,706
    Filer's total
    $266,057

  • Kaveh Rahmani Do

    DIRECTOR

    Total calculated
    $611,698
    From this org
    $577,489
    From related orgs
    $0
    Other
    $34,209
    Hours/week
    1 + 42 related

    Schedule J breakdown matched by us

    Base
    $400,332
    Bonus
    $154,260
    Other
    $22,897
    Deferred
    $16,500
    Nontaxable benefits
    $17,709
    Filer's total
    $611,698

  • Kenneth Nunes MD

    VP AND CHIEF AMBULATORY OFFICER

    Total calculated
    $736,717
    From this org
    $0
    From related orgs
    $630,933
    Other
    $105,784
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $518,405 related
    Bonus
    $0 + $112,528 related
    Other
    $0
    Deferred
    $0 + $70,340 related
    Nontaxable benefits
    $0 + $35,444 related
    Filer's total
    $0 + $736,717 related

  • Kimberly Kruczek Do

    DIRECTOR

    Total calculated
    $596,955
    From this org
    $569,095
    From related orgs
    $0
    Other
    $27,860
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $446,999
    Bonus
    $121,616
    Other
    $480
    Deferred
    $16,500
    Nontaxable benefits
    $11,360
    Filer's total
    $596,955

  • Michael Antoniades

    PRESIDENT, INGALLS

    Total calculated
    $1,268,833
    From this org
    $0
    From related orgs
    $1,268,833
    Other
    $0
    Hours/week
    1 + 44 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,200,000 related
    Bonus
    $0
    Other
    $0 + $68,833 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $1,268,833 related

  • Mitch Posner MD

    DIRECTOR

    Total calculated
    $1,024,633
    From this org
    $0
    From related orgs
    $970,361
    Other
    $54,272
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $725,361 related
    Bonus
    $0 + $245,000 related
    Other
    $0
    Deferred
    $0 + $26,400 related
    Nontaxable benefits
    $0 + $27,872 related
    Filer's total
    $0 + $1,024,633 related

  • Naoum Issa MD

    DIRECTOR

    Total calculated
    $477,157
    From this org
    $0
    From related orgs
    $300,729
    Other
    $176,428
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $219,494 related
    Bonus
    $0 + $81,235 related
    Other
    $0
    Deferred
    $0 + $25,007 related
    Nontaxable benefits
    $0 + $151,421 related
    Filer's total
    $0 + $477,157 related

  • Sachin Shah MD

    DIRECTOR

    Total calculated
    $420,445
    From this org
    $0
    From related orgs
    $360,430
    Other
    $60,015
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $356,264 related
    Bonus
    $0 + $4,166 related
    Other
    $0
    Deferred
    $0 + $26,400 related
    Nontaxable benefits
    $0 + $33,615 related
    Filer's total
    $0 + $420,445 related

  • Ivan Samstein

    CHIEF FINANCIAL OFFICER

    Total calculated
    $1,937,704
    From this org
    $0
    From related orgs
    $1,704,200
    Other
    $233,504
    Hours/week
    1 + 59 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,067,829 related
    Bonus
    $0 + $598,691 related
    Other
    $0 + $37,680 related
    Deferred
    $0 + $195,751 related
    Nontaxable benefits
    $0 + $37,753 related
    Filer's total
    $0 + $1,937,704 related

  • Melva Lavizzo

    SECRETARY

    Total calculated
    $94,247
    From this org
    $76,864
    From related orgs
    $0
    Other
    $17,383
    Hours/week
    1 + 40 related

  • Michelle Salomon

    TREASURER

    Total calculated
    $283,750
    From this org
    $0
    From related orgs
    $246,423
    Other
    $37,327
    Hours/week
    1 + 45 related

    Schedule J breakdown matched by us

    Base
    $0 + $196,667 related
    Bonus
    $0 + $17,772 related
    Other
    $0 + $31,984 related
    Deferred
    $0 + $35,953 related
    Nontaxable benefits
    $0 + $1,374 related
    Filer's total
    $0 + $283,750 related

  • Elizabeth Peart

    VP NETWORK DEVELOPMENT

    Total calculated
    $448,288
    From this org
    $375,380
    From related orgs
    $0
    Other
    $72,908
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $301,366
    Bonus
    $72,815
    Other
    $1,199
    Deferred
    $34,292
    Nontaxable benefits
    $38,616
    Filer's total
    $448,288

  • Murtuza Rampurwala MD

    PHYSICIAN

    Total calculated
    $831,516
    From this org
    $770,699
    From related orgs
    $0
    Other
    $60,817
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $330,116
    Bonus
    $440,235
    Other
    $348
    Deferred
    $24,750
    Nontaxable benefits
    $36,067
    Filer's total
    $831,516

  • Nasreen Ansari MD

    PHYSICIAN

    Total calculated
    $515,117
    From this org
    $450,636
    From related orgs
    $0
    Other
    $64,481
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $299,193
    Bonus
    $128,164
    Other
    $23,279
    Deferred
    $24,750
    Nontaxable benefits
    $39,731
    Filer's total
    $515,117

  • Richard Harris MD

    PHYSICIAN

    Total calculated
    $632,316
    From this org
    $578,919
    From related orgs
    $0
    Other
    $53,397
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $408,899
    Bonus
    $168,122
    Other
    $1,898
    Deferred
    $16,500
    Nontaxable benefits
    $36,897
    Filer's total
    $632,316

  • Roba Alhasan

    PHYSICIAN

    Total calculated
    $405,684
    From this org
    $378,289
    From related orgs
    $0
    Other
    $27,395
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $377,905
    Bonus
    $0
    Other
    $384
    Deferred
    $16,500
    Nontaxable benefits
    $10,895
    Filer's total
    $405,684

  • Surya Kumar

    PHYSICIAN

    Total calculated
    $615,414
    From this org
    $597,641
    From related orgs
    $0
    Other
    $17,773
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $395,458
    Bonus
    $174,750
    Other
    $27,433
    Deferred
    $16,500
    Nontaxable benefits
    $1,273
    Filer's total
    $615,414

  • Ann McColgan

    TREASURER (THRU 5/1/23)

    Total calculated
    $297,884
    From this org
    $0
    From related orgs
    $271,598
    Other
    $26,286
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0 + $91,513 related
    Bonus
    $0 + $59,570 related
    Other
    $0 + $120,515 related
    Deferred
    $0 + $8,158 related
    Nontaxable benefits
    $0 + $18,128 related
    Filer's total
    $0 + $297,884 related

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

  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation
COMPENSATION OF THE PRESIDENT OF UCM CARE NETWORK MEDICAL GROUP, INC. IS REVIEWED AND RECOMMENDED FOR APPROVAL BY THE COMPENSATION COMMITTEE OF UCMC. THE COMMITTEE'S DETERMINATION PROCESS UTILIZES A COMBINATION OF AN INDEPENDENT COMPENSATION CONSULTANT AND COMPENSATION STUDIES/SURVEYS, WHICH IS THEN REVIEWED AND APPROVED BY THE UCMC COMPENSATION COMMITTEE. THE UCMC COMPENSATION COMMITTEE CONDUCTS ITS REVIEW AND APPROVAL PROCESS IN A MANNER DESIGNED TO QUALIFY FOR THE REBUTTABLE PRESUMPTION OF REASONABLENESS UNDER FEDERAL TAX LAW. THIS IS A RIGOROUS REVIEW AND APPROVAL PROCESS DESIGNED FOR TAX-EXEMPT ORGANIZATIONS BY THE INTERNAL REVENUE SERVICE, AND IS DESIGNED TO RESULT IN COMPETITIVE AND REASONABLE COMPENSATION.
Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
CERTAIN INDIVIDUALS LISTED IN SCHEDULE J, PART II PARTICIPATE IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN TO WHICH UCMC MAKES ANNUAL CONTRIBUTIONS. THESE CONTRIBUTIONS ARE AT RISK AND DO NOT BECOME VESTED AND PAYABLE UNLESS AND UNTIL THE INDIVIDUAL SATISFIES A SUBSTANTIAL FUTURE SERVICE REQUIREMENT. THE FOLLOWING INDIVIDUALS HAD CONTRIBUTIONS MADE TO THE PLAN IN JANUARY 2024 FOR CALENDAR YEAR 2023: KENNETH NUNES ELIZABETH PEART MICHELLE SALOMON IVAN SAMSTEIN LESLIE STERN THE FOLLOWING INDIVIDUALS BECAME VESTED IN, AND WERE TAXED ON, AMOUNTS PREVIOUSLY CREDITED UNDER THE PLAN TO THE INDIVIDUAL FOR SERVICES PROVIDED TO THE ORGANIZATION IN PRIOR YEARS (INCLUDED IN 2023 W-2S): ANN MCCOLGAN - $81,828 THE FOLLOWING INDIVIDUALS RECEIVED A DISTRIBUTION FROM A SUPPLEMENTAL RETIREMENT PLAN FOLLOWING THEIR TERMINATION OF EMPLOYMENT, IN ACCORDANCE WITH THE GOVERNING PLAN DOCUMENT. ANN MCCOLGAN - $131,854 THESE DISTRIBUTIONS WERE REPORTED AS TAXABLE INCOME AND ARE INCLUDED IN THE COMPENSATION DISCLOSED IN SCHEDULE J IN THE REPORTED YEAR.
Schedule J, Part I, Line 7 Non-fixed payments
NINE PERSONS LISTED IN PART VII, SECTION A, LINE 1A RECEIVED NON-RECURRING PAYMENTS DURING CALENDAR YEAR 2023. ONE PERSON RECEIVED A SIGN-ON BONUS, AND EIGHT PEOPLE RECEIVED NON-FIXED PAYMENTS RELATED TO PRODUCTIVITY OR PERFORMANCE BONUSES.
Schedule J, Part I, Line 1a DISCRETIONARY SPENDING ACCOUNT
DISCRETIONARY SPENDING ACCOUNTS ARE AVAILABLE TO UCMC-EMPLOYED EXECUTIVES ONLY, SERVING UCM CARE NETWORK. THOSE WHO MADE USE OF THE DISCRETIONARY SPENDING ACCOUNT RECEIVED BETWEEN $0 AND $10,000 DURING THE YEAR. THESE BENEFITS ARE ALL CONSIDERED TAXABLE COMPENSATION INCLUDED ON SCHEDULE J, PART II, COLUMN B(III). CARE NETWORK-EMPLOYED EXECUTIVES ARE INELIGIBLE.
Schedule J, Part II
TAXABLE INCOME REPORTED IN COLUMN (B) MAY INCLUDE PAYMENTS FROM THE SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP). IN MOST CASES, THESE PAYMENTS WERE EARNED OVER MANY YEARS OF EMPLOYMENT AND THE AMOUNTS HAD PREVIOUSLY BEEN SUBJECT TO VESTING RULES. SERP PAYMENT AMOUNTS EARNED IN PRIOR YEARS WERE PREVIOUSLY REPORTED ON THE FORM 990 AS DEFERRED COMPENSATION AND ARE REPORTED IN THIS 2023 FORM 990 ON SCHEDULE J, PART II, COLUMN (F). THE INDEPENDENT COMPENSATION COMMITTEE OF THE BOARD CONDUCTS ITS REVIEW AND APPROVAL OF ALL EXECUTIVE COMPENSATION, INCLUDING THESE SERP AMOUNTS, IN A MANNER THAT QUALIFIES FOR THE REBUTTABLE PRESUMPTION OF REASONABLENESS UNDER FEDERAL TAX LAW. THIS IS A RIGOROUS REVIEW PROCESS DESIGNED FOR TAX-EXEMPT ORGANIZATIONS BY THE INTERNAL REVENUE SERVICE, AND IT MEANS THAT THE BOARD COMPENSATION COMMITTEE DOES NOT HAVE ANY CONFLICTS OF INTEREST, AND RELIES ON MARKET DATA COMPILED BY AN INDEPENDENT COMPENSATION CONSULTANT TO SUPPORT ALL EXECUTIVE PAY AS MARKET COMPETITIVE AND REASONABLE. FOR THE INDIVIDUALS LISTED ON SCHEDULE J, PART II THAT ARE IDENTIFIED AS FORMER OFFICERS OR KEY EMPLOYEES, THIS COMPENSATION LISTED IS EITHER THE FAIR MARKET VALUE COMPENSATION PAID TO THEM FOR SERVICES THEY PERFORMED AS ACTIVE EMPLOYEES OF CARE NETWORK OR A RELATED ORGANIZATION (AND WAS NOT PAID TO THEM DUETO THEIR FORMERLY HAVING BEEN LISTED AS OFFICERS OR KEY EMPLOYEES): ANN MCCOLGAN
Schedule J, Part III
UCHHD, RELATED TAX-EXEMPT ORGANIZATION, PAID COMPENSATION IN THE AMOUNT OF $1,268,833 TO THE CONSULTING FIRM ALVAREZ & MARSAL FOR THE SERVICES OF MICHAEL ANTONIADES, INTERIM PRESIDENT, INGALLS MEMORIAL HOSPITAL.

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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

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.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • ADVENTIST MIDWESTUSP SURGERY CENTERS LLC

    N/A · SURGERY CENTER · IL

    Directly controlled by NA

  • INGALLS SAME DAY SURGERY CTR

    N/A · SURGERY CENTER · IL

    Directly controlled by NA

  • IRON POINT RE PTNRS - TE(C) LP

    N/A · INVESTMENT · TX

    Directly controlled by NA

  • JAPAN ABSOLUTE VALUE FUND LP

    N/A · INVESTMENT · MA

    Directly controlled by NA

  • NEEDLE 2023-1 LLC

    N/A · INVESTMENT · CA

    Directly controlled by NA

  • NYDIG DIGITAL ASSETS FUND V LP

    N/A · INVESTMENT · NY

    Directly controlled by NA

  • SILKROAD ASIA VALUE PTNERS II

    N/A · INVESTMENT · CJ

    Directly controlled by NA

  • UCMC-SOLIS ON-CAMPUS MAMMOGRAPHY LLC

    N/A · MAMMOGRAPHY · DE

    Directly controlled by NA

  • UCMC-SOLIS OFF-CAMPUS MAMMOGRAPHY LLC

    N/A · MAMMOGRAPHY · DE

    Directly controlled by NA

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • CHARITABLE LEAD TRUST (0)

    Trust · CHAR LEAD TRUST · IL

    Directly controlled by NA

  • CHARITABLE REMAINDER TRUSTS (68)

    Trust · CHAR RMDR TRUST · IL

    Directly controlled by NA

  • CAPSTONE CPP 2012 1 FUND

    C Corporation · INVESTMENT · CJ

    Directly controlled by NA

  • EMPLOYED PHYSICIANS SP A SEGREGATED PORTFOLIO OF TRULEN INSURANCE SPC LTD

    LIAB INSURANCE · CJ

    Directly controlled by UCHHD

  • HPL-GL SP A SEGREGATED PORTFOLIO OF TRULEN INSURANCE SPC LTD

    LIAB INSURANCE · CJ

    Directly controlled by UCHHD

  • INGALLS CASUALTY INSURANCE LTD

    C Corporation · LIAB INSURANCE · CJ

    Directly controlled by NA

  • INGALLS HEALTH COUNCIL

    C Corporation · PURCHASING GROUP · IL

    Directly controlled by NA

  • INGALLS PROVIDER GROUP

    C Corporation · INSURANCE SERVICE · IL

    Directly controlled by NA

  • KOHINOOR CORE (CAYMAN) FUND

    C Corporation · INVESTMENT · CJ

    Directly controlled by NA

  • MEDCENTRIX INC

    C Corporation · BILLING & MGMT · IL

    Directly controlled by NA

  • NON-EMPLOYED PHYSICIANS SP A SEGREGATED PORTFOLIO OF TRULEN INSURANCE SPC L TD

    LIAB INSURANCE · CJ

    Directly controlled by UCHHD

  • PENSO FUND PLATFORM SPC - SEG PORTFOLIO

    C Corporation · INVESTMENT · CJ

    Directly controlled by NA

  • PHOENIX OVERLAY FUND LTD

    C Corporation · INVESTMENT · CJ

    Directly controlled by NA

  • POOLED INCOME FUND (1)

    C Corporation · POOLED INCO FUND · IL

    Directly controlled by NA

  • SC CURRICULUM INC

    C Corporation · SCNC CURRICULUM · IL

    Directly controlled by NA

  • SP 4 A SEGREGATED PORTFOLIO OF TRULEN INSURANCE SPC LTD

    LIAB INSURANCE · CJ

    Directly controlled by UCHHD

  • STANDARD GENERAL OFFSHORE FUND LTD

    C Corporation · INVESTMENT · CJ

    Directly controlled by NA

  • TARPON ALL EQUITIES FUND LP

    C Corporation · INVESTMENT · CJ

    Directly controlled by NA

  • TRULEN INSURANCE SPC LIMITED

    LIAB INSURANCE · CJ

    Directly controlled by UCHHD

  • UCHICAGO (BEIJING) CONSULTING CO LTD

    C Corporation · CONSULTING · CH

    Directly controlled by NA

  • UCHICAGO CENTER IN INDIA PRIVATE LIMITED

    C Corporation · CONSULTING · IN

    Directly controlled by NA

  • VIEWFORTH EUROPEAN EQUITY FUND LIMITED

    C Corporation · INVESTMENT · CJ

    Directly controlled by NA

Provenance

Return type
form_990
Tax year
2023
Filed
15 May 2025
IRS schema version
2023v6.0
Source object
202541359349305154

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