Illinois Health And Science

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 371169606 ✦ Decatur, IL ✦ Designated as a 501(c)(3)

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Overview

What is Illinois Health And Science?

Illinois Health and Science is a nonprofit organization located in Decatur, Illinois, with a primary focus on supporting and enhancing healthcare services in the greater Decatur area. The organization primarily aids Decatur Memorial Hospital, a 280-bed acute care hospital, and its associated facilities, by providing financial assistance. This support extends to overseeing the post-closing activities of asset sales owned by one of its subsidiaries. The organization's mission is to augment healthcare services in the Decatur area, ensuring comprehensive inpatient, outpatient, and physician services are available to the local community.

Is Illinois Health And Science legitimate?

Illinois Health And Science is a legitimate nonprofit organization registered as a 501(c)(3) entity. Illinois Health And Science submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,341

For more financial information, click here

What is the mission statement of Illinois Health And Science?

Illinois Health and Science is an organization with a mission to support and enhance healthcare services primarily by providing assistance to Decatur Memorial Hospital, a 280-bed acute care hospital offering comprehensive inpatient, outpatient, and physician services. Its role includes overseeing post-closing activities associated with the sale of assets owned by one of its subsidiaries, thereby contributing to the continuity and improvement of healthcare services in the area.

Who is the CEO of Illinois Health And Science?

Larry Altenbaumer is the Chairman Of of Illinois Health And Science.

What is the revenue of Illinois Health And Science?

Illinois Health And Science's revenue in 2022 was $91.

Who are the executives of Illinois Health And Science and what are their salaries?


Here are 5 key members and their salaries:


Larry Altenbaumer (Chairman Of)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Locke Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack O'Riley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Waddock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Whalen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Illinois Health And Science?

Illinois Health And Science's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Illinois Health And Science

Illinois Health and Science, as an organization, is committed to supporting and enhancing health care services in a broader area, primarily by providing assistance to Decatur Memorial Hospital, a 280-bed acute care hospital offering comprehensive inpatient, outpatient, and physician services. Its mission encompasses overseeing the post-closing activities associated with the sale of assets owned by one of its subsidiaries, aiming to benefit Decatur Memorial Hospital and the health care services it provides. In essence, Illinois Health and Science plays a critical role in supporting the ongoing operations and growth of Decatur Memorial Hospital and related facilities, ensuring the continuity of essential health care services in the wider community.

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Impact




October, 2024

Illinois Health And Science significantly enhances health care services in the Greater Decatur area by providing crucial financial support to Decatur Memorial Hospital and its related facilities. This 280-bed acute care hospital offers a wide range of comprehensive inpatient, outpatient, and physician services, ensuring that the local community has access to essential medical care.

The organization's efforts are particularly vital in overseeing the post-closing activities associated with the sale of assets owned by one of its subsidiaries, ensuring a seamless transition and continued availability of health services. By strengthening the operational capacity and financial stability of Decatur Memorial Hospital, Illinois Health And Science plays an integral role in promoting better health outcomes for the residents of Decatur and its surrounding regions.




This information is meant to be a general summary of Illinois Health And Science. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$91 (2022)
Expenses
$157,312 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $91
  • Gross Receipts: $91

Assets and Liabilities:

  • Total Assets: $9,852,473
  • Total Liabilities: $17,050
  • Net Assets: $9,835,423

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Organization Details

Founding Year

1984

Principal Officer

Larry Altenbaumer

Main Address

1353 E MOUND ROAD SUITE 300, DECATUR, IL, 62526

NTEE Category

Code: E21 - Health

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