Institute Of Physical Medicine And Rehabilitation is located in Peoria, IL. As of 12/2016, Institute Of Physical Medicine And Rehabilitation employed 140 individuals. Institute Of Physical Medicine And Rehabilitation 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 01/2017, Institute Of Physical Medicine And Rehabilitation generated $706.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (67.5%) each year. All expenses for the organization totaled $1.1m during the year ending 01/2017. As we would expect to see with falling revenues, expenses have declined by (66.0%) per year over the past 2 years. 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
2017
Describe the Organization's Mission:
Part 3 - Line 1
TO ENCOURAGE AND ASSIST INTEGRATION AND COORDINATION OF THE VARIOUS PHASES OF PHYSICAL MEDICINE AND REHABILITATION, TO CONDUCT RESEARCH, TO OPERATE A REHABILITATION CENTER, AND TO DO ALL THINGS NECESSARY AND PROPER TO EFFECTUATE THE FOREGOING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE INSTITUTE PROVIDES COMPREHENSIVE PHYSICAL MEDICINE AND REHABILITATION SERVICES TO PATIENTS AT MULTIPLE OUTPATIENT SITES THROUGHOUT CENTRAL ILLINOIS, EXCEEDING 80,000 PATIENT VISITS ANNUALLY. NINETY-EIGHT PERCENT OF ALL APPLICATIONS FOR FINANCIAL ASSISTANCE WERE APPROVED. IN ADDITION, OVER 1,800 CLIENT SERVICE DAYS WERE PROVIDED TO INDIVIDUALS SUFFERING FROM DEMENTIA AND RELATED CONDITIONS PARTICIPATING IN THE INSTITUTES ADULT DAY CARE PROGRAM, SENIOR WORLD (A LOW COST ALTERNATIVE TO A NURSING HOME PLACEMENT). MORE THAN 1,200 INDIVIDUALS PARTICIPATED IN THE INSTITUTE'S EDUCATIONAL PROGRAMS, SCREENINGS, OR SERVICES OF FALL PREVENTION, CAREGIVER EDUCATION, DRIVING EVALUATION, WEIGHT MANAGEMENT, LYMPHEDEMA TREATMENT, PHYSICAL FITNESS (SENIORS & PARKINSON'S PATIENTS) AND INJURY PREVENTION. THE ORGANIZATION PROVIDED APPROXIMATELY $1,000 IN CHARITY CARE, WHICH INCLUDES THE COST FORGONE FOR SERVICES AND SUPPLIES FURNISHED UNDER ITS CHARITY CARE POLICY.APPROXIMATELY 280 HOURS OF CLINICAL/STUDENT AFFILIATION EXPERIENCE AND EDUCATION WAS PROVIDED TO STUDENTS PURSUING CAREERS IN HEALTH CARE.FINANCIAL SUBSIDY EXCEEDING ONE MILLION DOLLARS WAS PROVIDED TO FEDERAL AND STATE FUNDED PROGRAMS, SUCH AS, MEDICARE AND MEDICAID PATIENTS.STAR PROGRAM: THE SURVIVORSHIP TRAINING AND REHABILITATION PROGRAM WAS STARTED IN 2013. THIS PROGRAM IS DESIGNED TO HELP WITH THE PHYSICAL AND EMOTIONAL PROBLEMS THAT OCCUR AS A RESULT OF CANCER AND CANCER TREATMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gerald J Mcshane Board Member | Trustee | 0.5 | $0 |
Kevin D Schoeplein Vice Chairperson, CEO | OfficerTrustee | 0.5 | $0 |
Sister Agnes Joseph Williams Osf Assistant Secretary | OfficerTrustee | 0.5 | $0 |
Sister Diane Marie Mcgrew Osf President/treasurer | OfficerTrustee | 0.5 | $0 |
Sister Judith Ann Duvall Osf Chairperson | OfficerTrustee | 0.5 | $0 |
Sister Rose Therese Mann Osf Board Member | Trustee | 0.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
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 | $0 |
Total Program Service Revenue | $706,906 |
Investment income | $9 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$2,017 |
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 | $705,994 |
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 | $524,075 |
Pension plan accruals and contributions | $36,604 |
Other employee benefits | $49,588 |
Payroll taxes | $69,987 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,090 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $239 |
Office expenses | $2,576 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $21,077 |
Travel | $16,732 |
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 | $61,606 |
Insurance | $755 |
All other expenses | $13,824 |
Total functional expenses | $1,069,865 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $0 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Total liabilities | $0 |
Unrestricted restricted net Assets | $0 |
Temporarily restricted net Assets | $0 |
Permanently restricted net Assets or current funds | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total net assets or fund balances | $0 |