Cimro is located in Champaign, IL. The organization was established in 2003. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Cimro employed 7 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Cimro 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 12/2021, Cimro generated $2.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.6%) each year. All expenses for the organization totaled $2.7m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.7%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O.
Describe the Organization's Program Activity:
Part 3 - Line 4a
QUALITY INNOVATION NETWORK WORKING WITH MEDICARE RECIPIENTS AND THEIR HEALTHCARE PROVIDERS WITHIN THE STATE OF NORTH DAKOTA AND SOUTH DAKOTA. POPULATION SERVED IN NORTH DAKOTA: 137,835 MEDICARE BENEFICIARIES.POPULATION SERVED IN SOUTH DAKOTA: 185,421 MEDICARE BENEFICIARIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ryan Sailor CEO | Officer | 43 | $190,130 |
Nancy Beaumont Vice President/asst Region | OfficerTrustee | 43 | $144,288 |
Dan Holdhusen Ba Member | Trustee | 1 | $1,150 |
April Vogelsang RN Ms Member | Trustee | 1 | $850 |
Heath G Boddy Bs Lnha Member | Trustee | 1 | $775 |
Mary Belford MD Member | Trustee | 1 | $650 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Quality Health Associates Of North Dakot Subcontractor | 12/30/21 | $555,035 |
South Dakota Foundation For Medical Care Subcontractor | 12/30/21 | $504,473 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $182,000 |
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 | $182,000 |
Total Program Service Revenue | $2,590,763 |
Investment income | $2,644 |
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 | $2,775,407 |
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. | $387,826 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $472,468 |
Pension plan accruals and contributions | $46,619 |
Other employee benefits | $31,649 |
Payroll taxes | $56,835 |
Fees for services: Management | $0 |
Fees for services: Legal | $579 |
Fees for services: Accounting | $8,975 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $15,012 |
Information technology | $30,282 |
Royalties | $0 |
Occupancy | $37,974 |
Travel | $3,672 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,225 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,203 |
Insurance | $4,153 |
All other expenses | $16,851 |
Total functional expenses | $2,747,092 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $402,390 |
Savings and temporary cash investments | $1,700,000 |
Pledges and grants receivable | $133,000 |
Accounts receivable, net | $711,874 |
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 | $14,770 |
Net Land, buildings, and equipment | $1,807 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $49,254 |
Total assets | $3,013,095 |
Accounts payable and accrued expenses | $198,502 |
Grants payable | $0 |
Deferred revenue | $1,182,033 |
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 | $131,304 |
Total liabilities | $1,511,839 |
Net assets without donor restrictions | $1,501,256 |
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 | $3,013,095 |
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