Legacy Medical Care Inc
- Assets
- $3.4m
- Revenue
- $9.5m
- Investments
- $0.0
- Employees
- 86
- Location
- Arlington Heights, IL
- Founding
- 08/2014
- Data as of
- 03/2023
- EIN
- 46-3256854
Organization Overview
Legacy Medical Care Inc is located in Arlington Heights, IL. The organization was established in 2014. According to its NTEE Classification (E32) the organization is classified as: Community Clinics, under the broad grouping of Health Care and related organizations. As of 03/2023, Legacy Medical Care Inc employed 86 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Legacy Medical Care Inc 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 03/2023, Legacy Medical Care Inc generated $9.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 40.2% each year . All expenses for the organization totaled $9.1m during the year ending 03/2023. While expenses have increased by 33.4% per year over the past 8 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
LEGACY MEDICAL CARE WILL ALWAYS STRIVE TO BE THE MODEL FOR COMPREHENSIVE QUALITY HEALTH CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTHCARE SERVICES INCLUDING: WELL AND SICK VISITS, PHYSICALS, IMMUNIZATIONS, LABORATORY SERVICES, BLOOD PRESSURE/DIABETES SCREENINGS, FLU SHOTS, FEMALE HEALTHCARE, AND BEHAVIORAL HEALTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Klaus Boettcher Chair | OfficerTrustee | 0.5 | $0 |
Elise Jimenez Secretary | OfficerTrustee | 0.5 | $0 |
Benito Gomez Board Member | Trustee | 0.5 | $0 |
Erick Gasca Board Member | Trustee | 0.5 | $0 |
Dawn Glascott Board Member | Trustee | 0.5 | $0 |
Diane Levy Board Member | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Community Link Consulting Cfo And Billing Services | 3/30/23 | $618,912 |
Samuel F Barak Botros Physician Services | 3/30/23 | $289,410 |
Ernest Nora Physician Services | 3/30/23 | $213,758 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,899,556 |
| 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 | $2,899,556 |
| Total Program Service Revenue | $6,544,228 |
| Investment income | $247 |
| 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 | $9,452,514 |
| 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. | $169,001 |
| Compensation of current officers, directors, key employees. | $169,001 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,420,609 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $390,993 |
| Payroll taxes | $366,187 |
| 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 | $1,786,661 |
| Advertising and promotion | $63,689 |
| Office expenses | $216,774 |
| Information technology | $58,377 |
| Royalties | $0 |
| Occupancy | $797,050 |
| Travel | $54,431 |
| 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 | $11,410 |
| Insurance | $220,763 |
| All other expenses | $0 |
| Total functional expenses | $9,068,746 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,441,154 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $751,676 |
| Accounts receivable, net | $410,968 |
| 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 | $46,129 |
| Net Land, buildings, and equipment | $143,283 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $651,414 |
| Total assets | $3,444,624 |
| Accounts payable and accrued expenses | $503,803 |
| 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 | $10,000 |
| Other liabilities | $739,243 |
| Total liabilities | $1,253,046 |
| Net assets without donor restrictions | $2,191,578 |
| 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 | $3,444,624 |