Overview
What is The Illinois Critical Access Hospital Network?
The Illinois Critical Access Hospital Network (ICAHN) is a nonprofit organization established in 2003, with a mission to strengthen and support critical access and small rural hospitals. Based in Princeton, Illinois, ICAHN serves approximately 58 hospitals in the region. Its primary objective is to collaborate with these hospitals to preserve rural healthcare access, improve their vibrancy and viability, and enhance the overall quality and efficiency of medical services provided. ICAHN achieves this by offering technical assistance in administrative processes for critical access hospitals, sharing resources among members, implementing programs to improve services, and providing coding support in case of absences or backlogs. By working together, ICAHN and its members aim to ensure the continued operation of rural healthcare facilities and contribute positively to their communities. The organization is headed by a nine-member board of directors and employs a team of 30 individuals.
Official website here: www.icahn.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Illinois Critical Access Hospital Network has achieved a remarkable Four-Star rating from Charity Navigator, reflecting exceptional performance in accountability and finance. The high score indicates that the organization effectively utilizes its resources and manages its finances, ensuring a strong commitment to transparency and responsible governance.
Key strengths include a fully independent board with no conflicts of interest and robust financial oversight, evidenced by no material diversion of assets and a solid program expense ratio of 91.65%. These elements contribute to the organization’s integrity and reliability in utilizing donations to further its mission.
While the organization showcases strong financial health and governance practices, the data does not indicate any specific weaknesses or areas for improvement. Overall, The Illinois Critical Access Hospital Network stands out as a trustworthy nonprofit dedicated to serving its community effectively.
This AI summary has been generated from information found on Charity Navigator.
Is The Illinois Critical Access Hospital Network legitimate?
The Illinois Critical Access Hospital Network is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Illinois Critical Access Hospital Network 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: $450,810
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,118,996
For more financial information, click here
Official website here: www.icahn.org
What is the mission statement of The Illinois Critical Access Hospital Network?
The Illinois Critical Access Hospital Network, established in 2003, is a not-for-profit organization with a mission to enhance the performance of critical access and small rural hospitals. Through collaboration, the network aims to preserve access to healthcare in rural communities while enhancing their vitality and sustainability. As a 501(c)(3) corporation, ICAHN shares resources, promotes best practices, and improves healthcare services for its 58 member hospitals and their respective communities. Governed by a nine-member board of directors, ICAHN strives to promote efficiency and education in healthcare services, ultimately contributing to the betterment of rural healthcare.
Official website here: www.icahn.org
What is the revenue of The Illinois Critical Access Hospital Network?
The Illinois Critical Access Hospital Network's revenue in 2023 was $4,595,373.
Official website here: www.icahn.org
Who are the executives of The Illinois Critical Access Hospital Network and what are their salaries?
The average compensation at The Illinois Critical Access Hospital Network during 2023 was $60,377. There are 26 employees and 120 volunteers at The Illinois Critical Access Hospital Network.
Here are 16 key members and their salaries:
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- Compensation: $280,855
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- Compensation: $99,785
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- Other: $15,207
- Compensation: $145,378
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- Other: $28,556
- Compensation: $130,897
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- Other: $16,971
- Compensation: $122,857
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- Other: $8,153
Official website here: www.icahn.org
Where can I find the form 990 for The Illinois Critical Access Hospital Network?
The Illinois Critical Access Hospital Network's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.icahn.org
Learn more at the official website: www.icahn.org
Mission Statement of The Illinois Critical Access Hospital Network
The Illinois Critical Access Hospital Network, or ICAHN, is a mission-driven organization established with the goal of strengthening critical access and small, rural hospitals. Their primary objective is to collaborate with these hospitals to preserve access to healthcare in rural communities while enhancing their viability and vibrancy. ICAHN, a not-for-profit 501(c)(3) corporation, was founded in 2003. It serves as a platform for its 58 member hospitals to share resources, promote efficiency and best practices, and improve healthcare services. ICAHN operates independently, governed by a nine-member board of directors. Its mission is to work collaboratively with its member hospitals, ensuring that rural communities continue to have access to essential healthcare services.
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Impact
July, 2024
The Illinois Critical Access Hospital Network, through its collaborative efforts with its 58 member hospitals, has a significant impact on strengthening critical access and small, rural hospitals. By providing technical assistance, sharing resources, and implementing quality improvement programs, ICAHN plays a vital role in preserving access to rural healthcare and enhancing the vibrancy and viability of the communities served. This results in improved efficiency and quality of medical services provided by rural health care facilities, ensuring that residents in these areas have access to essential healthcare services.
This information is meant to be a general summary of The Illinois Critical Access Hospital Network. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $108,760
- Program Service Revenue: $2,365,876
- Gross Receipts: $4,617,634
Assets and Liabilities:
- Total Assets: $6,228,606
- Total Liabilities: $2,212,846
- Net Assets: $4,015,760
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
IT SERVICES
Revenue
$514,233
SPONSOR/PARTNER REVENUE
Revenue
$367,843
MANAGED CARE
Revenue
$278,311
IL RURAL COMMUNITY CARE
Revenue
$264,532
PROFESSIONAL EDUCATION
Revenue
$151,556
Organization Details
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