Illinois Critical Access Hospital Network
- Assets
- $4.8m
- Revenue
- $4.6m
- Investments
- $0.0
- Employees
- 26
- Location
- Princeton, IL
- Founding
- 08/2004
- Data as of
- 12/2023
- EIN
- 55-0809159
Organization Overview
Illinois Critical Access Hospital Network is located in Princeton, IL. The organization was established in 2004. According to its NTEE Classification (E70) the organization is classified as: Public Health, under the broad grouping of Health Care and related organizations. As of 12/2023, Illinois Critical Access Hospital Network employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Illinois Critical Access Hospital Network 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 12/2023, Illinois Critical Access Hospital Network generated $4.6m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $4.3m during the year ending 12/2023. While expenses have increased by 3.1% per year over the past 9 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.
Since 2015, Illinois Critical Access Hospital Network has awarded 503 individual grants totaling $29,107,165. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF ICAHN IS TO STRENGTHEN CRITICAL ACCESS AND SMALL, RURAL HOSPITALS THROUGH COLLABORATION. BETTER TOGETHER, ICAHN AND ITS 58 MEMBER HOSPITALS MAKE IT THEIR OVERARCHING GOAL TO PRESERVE ACCESS TO RURAL HEALTHCARE WHILE IMPROVING THE VIBRANCY AND VIABILITY OF THE COMMUNITIES SERVED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ICAHN PROVIDES TECHNICAL ASSISTANCE TO SMALL RURAL HOSPITALS:1) TO HELP THEM WITH ADMINISTRATIVE PROCESSES FOR CRITICAL ACCESS HOSPITALS2) TO SHARE RESOURCES WITH MEMBERS3) TO IMPLEMENT PROGRAMS TO IMPROVE QUALITY AND EFFICIENCIES OF MEDICAL SERVICES PROVIDED BY RURAL HEALTH CARE FACILITIES.4) TO PROVIDE CODING SUPPORT WHEN HOSPITALS NEED COVERAGE FOR UNANTICIPATED CERTIFIED CODE ABSENCES, VACANCIES, OR BACKLOG SERVES APPROXIMATELY 58 HOSPITALS.
ICAHN PROVIDES QUALITY EDUCATIONAL OPPORTUNITIES TO MEMBER HOSPITALS FOCUSING ON RURAL HEALTH ISSUES AND STRATEGIES FOR SUCCESS THROUGH ONSITE MEETINGS, VIDEOCONFERENCING, AND WEB-BASED TRAINING.BOARD EDUCATION FOR HOSPITALS INCLUDING BOARD BASICS, CRITICAL ACCESS HOSPITAL 101, 340B, CAH FINANCE, AND OTHER TOPICS.
ICAHN PROVIDES INFORMATION TECHNOLOGY ASSISTANCE TO SMALL RURAL HOSPITALS ACROSS THE STATE, SERVING APPROXIMATELY 58 HOSPITALS. SERVICES ARE AVAILABLE TO ALL 58 HOSPITALS IF THEY CHOOSE TO UTILIZE THEM.
IN SURVEY SOLUTIONS, ICAHN OFFERS A COMPREHENSIVE SURVEY APPROACH FOR SMALL AND RURAL HOSPITALS AND PRACTICES AT A COST-EFFECTIVE RATE, WHILE PROVIDING A STREAMLINED DATA REPORTING STRUCTURE FOR CMS AND OTHER AGENCIES FOR FURTHER NATIONAL BENCHMARKING STATISTICS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Skowron Past President | OfficerTrustee | 1 | $0 |
Ted Rogalski President | OfficerTrustee | 1 | $0 |
Karissa Turner President Elect | OfficerTrustee | 1 | $0 |
Alisa Coleman Past President (thru 02/2023) | OfficerTrustee | 1 | $0 |
Pam Pfister Secretary/treasurer | OfficerTrustee | 1 | $0 |
Kim Bourne Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Key Builders Building Services | 12/30/18 | $998,745 |
Greg Davis Md Ltd Medical Consulting | 12/30/18 | $150,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $522,000 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,550,998 |
| 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 | $2,072,998 |
| Total Program Service Revenue | $2,365,876 |
| Investment income | $108,760 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $47,739 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,595,373 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,248,810 |
| 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. | $450,810 |
| Compensation of current officers, directors, key employees. | $135,243 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,118,996 |
| Pension plan accruals and contributions | $32,369 |
| Other employee benefits | $113,034 |
| Payroll taxes | $107,542 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $27,234 |
| Fees for services: Accounting | $32,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $565,337 |
| Advertising and promotion | $0 |
| Office expenses | $299,617 |
| Information technology | $8,985 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $33,676 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $152,105 |
| Interest | $17,820 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $59,114 |
| Insurance | $0 |
| All other expenses | $6,746 |
| Total functional expenses | $4,274,195 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $127,918 |
| Savings and temporary cash investments | $2,471,608 |
| Pledges and grants receivable | $28,526 |
| Accounts receivable, net | $631,426 |
| 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 | $91,037 |
| Net Land, buildings, and equipment | $1,064,954 |
| Investments—publicly traded securities | $374,480 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,899 |
| Total assets | $4,799,848 |
| Accounts payable and accrued expenses | $190,201 |
| Grants payable | $0 |
| Deferred revenue | $913,913 |
| 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 | $494,527 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $9,899 |
| Total liabilities | $1,608,540 |
| Net assets without donor restrictions | $3,161,129 |
| Net assets with donor restrictions | $30,179 |
| 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 | $4,799,848 |
Grants Awarded
Over the last fiscal year, Illinois Critical Access Hospital Network has awarded $782,648 in support to 47 organizations.
| Grant Recipient | Amount |
|---|---|
CARLE EUREKA HOSPITAL PURPOSE: 23 SHIP, 23 FLEX GRANTS | $19,938 |
CARLE HOOPESTON REGIONAL HEALTH CENTER PURPOSE: 22 SHIP | $11,938 |
CLAY COUNTY HOSPITAL PURPOSE: 23 FLEX | $15,500 |
COMMUNITY HOSPITAL OF STAUNTON PURPOSE: 23 FLEX GRANTS, EMS, FELLOWSHIP | $8,650 |
FAIRFIELD MEMORIAL HOSPITAL PURPOSE: 23 SHIP, 23 FLEX GRANTS, EMS, SCHOLARSHIP | $23,088 |
FAYETTE COUNTY HOSPITAL AND LONG TERM CARE PURPOSE: 22 SHIP | $11,938 |