Loyola Medicine Transport Llc
- Assets
- $12.8m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Melrose Park, IL
- Founding
- 08/2015
- Data as of
- 06/2022
- EIN
- 47-4147171
Organization Overview
Loyola Medicine Transport Llc is located in Melrose Park, IL. The organization was established in 2015. According to its NTEE Classification (E60) the organization is classified as: Health Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Loyola Medicine Transport Llc 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 06/2022, Loyola Medicine Transport Llc generated $2.2m 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 (3.8%) each year. All expenses for the organization totaled $3.1m during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EMERGENCY AND NON-EMERGENCY MEDICAL TRANSPORTATION SERVICES TO RESIDENTS IN A SPECIFIED SERVICE AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOYOLA MEDICINE TRANSPORT, LOCATED IN MELROSE PARK, ILLINOIS, IS PART OF THE LOYOLA UNIVERSITY HEALTH SYSTEM. LOYOLA MEDICINE TRANSPORT IS A PROVIDER OF AMBULANCE AND OTHER MEDICAL TRANSPORTATION SERVICES TO PERSONS IN THE COMMUNITIES SERVED BY LOYOLA MEDICINE.LOYOLA MEDICINE TRANSPORT IMPROVES ACCESS TO AND THE QUALITY OF MEDICAL TRANSPORTATION SERVICES FOR RESIDENTS OF THE COMMUNITY, INCLUDING THOSE WHO ARE UNDERSERVED, WHO QUALIFY FOR MEDICARE OR MEDICAID, OR WHO ARE UNABLE TO PAY FOR SERVICES. LOYOLA MEDICINE TRANSPORT ALSO FACILITATES EDUCATIONAL AND TRAINING SERVICES IN THE AREA OF MEDICAL TRANSPORTATION.LOYOLA MEDICINE TRANSPORT PROVIDES BASIC AND ADVANCED LIFE SUPPORT AND ACCOMMODATES PATIENTS IN WHEELCHAIRS. MEDI-RIDE, OUR MEDICAL VAN SERVICE, TRANSPORTS PATIENTS WHO DO NOT NEED AN AMBULANCE. IN ADDITION, LOYOLA MEDICINE TRANSPORT'S COURIER SERVICE DELIVERS PHARMACEUTICALS, LAB SAMPLES AND MEDICAL DOCUMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Isacksen Former Officer; Th CFO | 1 | $0 | |
Richard Freeman MD Director; Chief Clinical Officer | Trustee | 1 | $0 |
Margaret Norton-Rosko Director & Gchsc President | Trustee | 1 | $0 |
Melissa Lukasick Director; Vp, Finance | Trustee | 1 | $0 |
Mark Cichon DO Director; Professor | Trustee | 1 | $0 |
Ryan Mayhew MD Director; Asst Professor | Trustee | 1 | $0 |
Financial Statements
| 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 | $2,204,104 |
| Investment income | $0 |
| 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 | $2,204,104 |
| 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 | $1,708,420 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $197,036 |
| Payroll taxes | $126,937 |
| Fees for services: Management | $52,692 |
| Fees for services: Legal | $15,544 |
| 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 | $314,628 |
| Advertising and promotion | $0 |
| Office expenses | $35,883 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $156,320 |
| Travel | $2,540 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $12,130 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $93,023 |
| Insurance | $180,003 |
| All other expenses | $0 |
| Total functional expenses | $3,060,950 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,553,541 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $992,427 |
| 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 | $288,131 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,982,939 |
| Total assets | $12,817,038 |
| Accounts payable and accrued expenses | $142,279 |
| 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 | $201,978 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $13,080,901 |
| Total liabilities | $13,425,158 |
| Net assets without donor restrictions | -$608,120 |
| 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 | $12,817,038 |