Employers Coalition On Health Inc is located in Rockford, IL. According to its NTEE Classification (T03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2023, Employers Coalition On Health Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Employers Coalition On Health Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Employers Coalition On Health Inc generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 31.2% each year . All expenses for the organization totaled $1.2m during the year ending 12/2023. While expenses have increased by 36.2% per year over the past 2 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO COLLABORATE WITH HEALTHCARE PROVIDERS TO PROGRESSIVELY REFORM THE HEALTHCARE DELIVERY SYSTEM IN NORTHERN ILLINOIS, BY CONTINUOUSLY IMPROVING QUALITY AND ACCESS WHILE REDUCING COSTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERS(SMALL AND MEDIUM CORPAROTIONS) CONTRIBUTE TO SUPPORT THE MISSION OF ECOH TO SUPPORT CONTINUOUS QUALTIY IMPROVEMENT IN HEALTHCARE SERVICES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James Knutson Executive Director | OfficerTrustee | 30 | $110,000 |
Martina Schumaker Director | Trustee | 2 | $4,800 |
Mark Morris Director | Trustee | 2 | $0 |
Larry Cunningham Director | Trustee | 2 | $0 |
Joseph Cook Director | Trustee | 2 | $0 |
Craig Shurson President | OfficerTrustee | 3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $183,873 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $183,873 |
Total Program Service Revenue | $881,887 |
Investment income | $3,137 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,068,897 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $42,132 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $8,746 |
Payroll taxes | $3,408 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $14,743 |
Office expenses | $4,680 |
Information technology | $2,430 |
Royalties | $0 |
Occupancy | $19,983 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,815 |
Insurance | $0 |
All other expenses | $6,309 |
Total functional expenses | $1,194,028 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $174,993 |
Savings and temporary cash investments | $219,087 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,891 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $16,667 |
Net Land, buildings, and equipment | $1,021 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $413,659 |
Accounts payable and accrued expenses | $89,032 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $44,973 |
Total liabilities | $134,005 |
Net assets without donor restrictions | $279,654 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $413,659 |