Skip to content
Nonprofiteer
← ILLINOIS HOSPITAL RESEARCH AND EDUCATIONAL FOUNDATION

Form 990 for tax year 2023

Filed by ILLINOIS HOSPITAL RESEARCH AND EDUCATIONAL FOUNDATION.

Totals

Total revenue
$46,611
Total expenses
$10,599
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$5,778
Investment income
$40,833
Other revenue
$0
Total assets, end of year
$856,852
Total liabilities, end of year
$6,720
Net assets or fund balances, end of year
$850,132
Program services expenses (Part IX)
$2,746
Management and general expenses
$7,853
Fundraising expenses
$0
Program service expenses (Part III)
$2,746

Program services were 25.9% 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: EDUCATION PROGRAMS

    total $5,778 · related or exempt $5,778

  • 3 · Investment income

    total $40,833 · excluded $40,833

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $6,910 · management and general $6,910

  • 23 · Insurance

    total $2,746 · program services $2,746

  • 24a · Other expenses: BANK FEES

    total $917 · management and general $917

  • 24e · All other expenses

    total $26 · management and general $26

Balance sheet

Part X, book values.

  • 15 · Other assets

    beginning of year $822,640 · end of year $856,852

  • 17 · Accounts payable and accrued expenses

    beginning of year $8,520 · end of year $6,720

  • 27 · Net assets without donor restrictions

    beginning of year $814,120 · end of year $850,132

Mission and programs · 2023

Mission

TO PROMOTE THE CONTINUING EDUCATION OF HOSPITAL AND OTHER HEALTHCARE PERSONNEL, TO PROVIDE SCHOLARSHIPS TO PERSONS PURSUING HEALTHCARE CAREERS, AND TO PROVIDE GRANTS TO HOSPITALS WHICH WILL ASSIST IN THE IMPROVEMENT OF HEALTHCARE.

Activities or mission (Part I)

TO PROVIDE EDUCATIONAL OPPORTUNITIES AND GRANTS DESIGNED TO FOSTER AND ENCOURAGE THE PROVISION OF THE HIGHEST STANDARD OF PATIENT CARE BY HOSPITALS IN ILLINOIS.

  • IHREF RECEIVED PROGRAM REVENUE FROM CARELEARNING BASED ON ILLINOIS HOSPITAL PARTICIPATION IN VARIOUS PROGRAMS.

    Expenses $2,746 · Revenue $5,778

As filed on the 2023 return.

Listed in Part VII

  • Arthur J Wilhelmi

    CHAIRMAN/PRESIDENT

    Total calculated
    $1,503,301
    From this org
    $0
    From related orgs
    $1,282,510
    Other
    $220,791
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $961,724 related
    Bonus
    $0 + $315,884 related
    Other
    $0 + $4,902 related
    Deferred
    $0 + $180,783 related
    Nontaxable benefits
    $0 + $40,008 related
    Filer's total
    $0 + $1,503,301 related

  • John Bomher

    DIRECTOR

    Total calculated
    $545,464
    From this org
    $0
    From related orgs
    $488,460
    Other
    $57,004
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $392,817 related
    Bonus
    $0 + $91,329 related
    Other
    $0 + $4,314 related
    Deferred
    $0 + $28,050 related
    Nontaxable benefits
    $0 + $28,954 related
    Filer's total
    $0 + $545,464 related

  • Terri L Allen

    TREASURER

    Total calculated
    $444,692
    From this org
    $0
    From related orgs
    $400,422
    Other
    $44,270
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $328,710 related
    Bonus
    $0 + $45,648 related
    Other
    $0 + $26,064 related
    Deferred
    $0 + $28,050 related
    Nontaxable benefits
    $0 + $16,220 related
    Filer's total
    $0 + $444,692 related

  • Karen Harris

    SECRETARY

    Total calculated
    $491,620
    From this org
    $0
    From related orgs
    $448,648
    Other
    $42,972
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $351,711 related
    Bonus
    $0 + $72,330 related
    Other
    $0 + $24,607 related
    Deferred
    $0 + $28,050 related
    Nontaxable benefits
    $0 + $14,922 related
    Filer's total
    $0 + $491,620 related

  • Jean Kirkel

    ASSISTANT TREASURER

    Total calculated
    $311,023
    From this org
    $0
    From related orgs
    $273,676
    Other
    $37,347
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $237,821 related
    Bonus
    $0 + $28,997 related
    Other
    $0 + $6,858 related
    Deferred
    $0 + $22,977 related
    Nontaxable benefits
    $0 + $14,370 related
    Filer's total
    $0 + $311,023 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

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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
ILLINOIS HEALTH AND HOSPITAL ASSOCIATION, A RELATED ENTITY, USED THE FOLLOWING METHODS TO ESTABLISH THE COMPENSATION FOR THE ORGANIZATION'S CEO: - COMPENSATION COMMITTEE - INDEPENDENT COMPENSATION CONSULTANT - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE
PART I, LINE 4B
THE FOLLOWING AMOUNTS WERE CONTRIBUTED TO A NONQUALIFIED RETIREMENT PLAN: ARTHUR J. WILHELMI $152,733 THE FOLLOWING AMOUNTS WERE DISTRIBUTED DURING THE YEAR FROM THE NONQUALIFIED RETIREMENT PLAN (CODA): ARTHUR J. WILHELMI: $186,287
PART II:
ALL COMPENSATION LISTED IN SCHEDULE J, PART II IS FROM THE ILLINOIS HEALTH AND HOSPITAL ASSOCIATION. NO TRUSTEE RECEIVED COMPENSATION FROM THE FILING ORGANIZATION.

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 corporations and trusts

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

  • ASSOCIATION VENTURE CORPORATION

    C · HOLDING COMPANY · IL · controlled entity

    Directly controlled by IHA

  • ASSOCIATION MANAGEMENT RESOURCES

    C · PURCH PRG & DATA · IL · controlled entity

    Directly controlled by AVC

  • ILLINOIS RISK MANAGEMENT SERVICES

    C · CLAIMS RISK MGT. · IL · controlled entity

    Directly controlled by AVC

  • MEDICAL ALLIANCE INSURANCE COMPANY

    C · PHYS PL INSURANCE · IL · controlled entity

    Directly controlled by AVC

  • MCHC - SERVICE CORPORATION

    C · HEALTHCARE SUPPORT · IL · controlled entity

    Directly controlled by AVC

  • IHA HUMAN CAPITAL SERVICES INC

    C · HR SERVICES · IL · controlled entity

    Directly controlled by AVC

Provenance

Return type
form_990
Tax year
2023
Filed
14 August 2024
IRS schema version
2023v5.1
Source object
202432329349300783

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.