Illinois Orthopaedic Foundation is located in Glenview, IL. The organization was established in 2004. According to its NTEE Classification (H50) the organization is classified as: Nerve, Muscle & Bone Diseases Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Illinois Orthopaedic Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Illinois Orthopaedic Foundation generated $48.0k in total revenue. All expenses for the organization totaled $9.2k during the year ending 12/2021. While expenses have increased by 92.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE CORPORATION IS TO SERVE AS AN EDUCATIONAL, RESEARCH AND CHARITABLE ORGANIZATION TO CONDUCT MEDICAL RESEARCH IN ORTHOPAEDICS
Describe the Organization's Program Activity:
Part 3
MEDICAL RESEARCH IN ORTHOPAEDICS RELATED TO KNEE AND JOINT
MEDICAL RESEARCH IN ORTHOPAEDICS RELATED TO KNEE AND JOINT
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dr Chadwick Prodromos President | 0 | $0 | |
Althea Prodromos Treasurer | 0 | $0 | |
Marily Prodromos Secretary | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $48,000 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $48,000 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $6,250 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $2,996 |
Total expenses | $9,246 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $77,239 |
Other assets | $0 |
Total assets | $77,239 |
Total liabilities | $0 |
Net assets or fund balances | $77,239 |
Over the last fiscal year, we have identified 1 grants that Illinois Orthopaedic Foundation has recieved totaling $25,000.
Awarding Organization | Amount |
---|---|
National Philanthropic Tr Jenkintown, PA PURPOSE: HEALTH | $25,000 |
Organization Name | Assets | Revenue |
---|---|---|
Orthopaedic Research And Education Foundation Rosemont, IL | $25,903,586 | $3,855,378 |
Scoliosis Research Society Milwaukee, WI | $19,613,993 | $4,690,080 |
Child Neurology Education And Research Foundation Lexington, KY | $4,583,151 | $3,554,448 |
Mpn Research Foundation Chicago, IL | $7,764,367 | $2,570,885 |
Parkinson's Disease Research Society C/O Carol Santi Highland Park, IL | $0 | $653 |
Foundation For Arthroplasty Research And Education Rosemont, IL | $2,262,502 | $120,077 |
Indiana Parkinson Foundation Noblesville, IN | $162,652 | $0 |
Tri-State Multiple Sclerosis Association Inc Evansville, IN | $1,107,999 | $140,176 |
Mars Research Inc Gilbert, IA | $58,510 | $0 |
Northwestern Arthritis & Rehabiltation Institute Chicago, IL | $19,210 | $0 |
Louisville Orthopedic Research & Educational Foundation Inc Louisville, KY | $836,896 | $135,717 |
Illinois Orthopaedic Foundation Glenview, IL | $77,239 | $0 |