Civic Intelligence

Illinois Rural Healthnet

990 • Fiscal year 2016 • EIN 26-1899392

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 08, 2017

222 Third Avenue SECedar Rapids, IA 52401

(319) 364-3200

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

28th percentile

0.07x

Higher debt load relative to assets than 28% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

72nd percentile

0.67x

Higher debt load relative to revenue than 72% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

2nd percentile

-185%

Higher net margin than 2% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

5th percentile

-15%

Faster asset growth than 5% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

7th percentile

-44%

Faster revenue growth than 7% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Down

$14,383,156

Down $2,576,758 (-15%) from 2015

Net Assets

Down

$13,439,135

Down $2,592,258 (-16%) from 2015

Liabilities

Up

$944,021

Up $15,500 (+1.7%) from 2015

Revenue

Down

$1,398,879

Down $1,094,394 (-44%) from 2015

Expenses

Up

$3,991,137

Up $283,998 (+7.7%) from 2015

Net Income

Down

-$2,592,258

Down $1,378,392 (-114%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2010: $4,049,985Liabilities 2010: $1,869,508Net Assets 2010: $2,180,4772010Assets 2011: $9,810,655Liabilities 2011: $2,024,230Net Assets 2011: $7,786,4252011Assets 2012: $15,382,888Liabilities 2012: $1,721,373Net Assets 2012: $13,661,5152012Assets 2013: $17,890,947Liabilities 2013: $1,104,913Net Assets 2013: $16,786,0342013Assets 2014: $18,438,248Liabilities 2014: $1,192,989Net Assets 2014: $17,245,2592014Assets 2015: $16,959,914Liabilities 2015: $928,521Net Assets 2015: $16,031,3932015Assets 2016: $14,383,156Liabilities 2016: $944,021Net Assets 2016: $13,439,1352016Assets 2017: $11,801,957Liabilities 2017: $913,580Net Assets 2017: $10,888,3772017Assets 2018: $9,828,653Liabilities 2018: $825,467Net Assets 2018: $9,003,1862018Assets 2019: $8,198,140Liabilities 2019: $782,524Net Assets 2019: $7,415,6162019Assets 2020: $6,699,449Liabilities 2020: $802,704Net Assets 2020: $5,896,7452020Assets 2021: $5,988,317Liabilities 2021: $919,752Net Assets 2021: $5,068,5652021Assets 2022: $4,712,549Liabilities 2022: $675,802Net Assets 2022: $4,036,7472022Assets 2023: $3,925,323Liabilities 2023: $803,355Net Assets 2023: $3,121,9682023Assets 2024: $3,222,865Liabilities 2024: $614,763Net Assets 2024: $2,608,1022024

Highlighted filing

2016

Assets$14,383,156
Liabilities$944,021
Net Assets$13,439,135

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2010: $51,9872010Expenses 2011: $363,0212011Expenses 2012: $1,876,2572012Revenue 2013: $5,431,789Expenses 2013: $2,307,270Net Income 2013: $3,124,5192013Revenue 2014: $3,806,116Expenses 2014: $3,346,891Net Income 2014: $459,2252014Revenue 2015: $2,493,273Expenses 2015: $3,707,139Net Income 2015: -$1,213,8662015Revenue 2016: $1,398,879Expenses 2016: $3,991,137Net Income 2016: -$2,592,2582016Revenue 2017: $1,303,881Expenses 2017: $3,854,639Net Income 2017: -$2,550,7582017Revenue 2018: $1,846,103Expenses 2018: $3,731,294Net Income 2018: -$1,885,1912018Revenue 2019: $1,986,940Expenses 2019: $3,574,510Net Income 2019: -$1,587,5702019Revenue 2020: $2,224,241Expenses 2020: $3,743,112Net Income 2020: -$1,518,8712020Revenue 2021: $2,258,874Expenses 2021: $3,087,054Net Income 2021: -$828,1802021Revenue 2022: $1,972,548Expenses 2022: $3,004,366Net Income 2022: -$1,031,8182022Revenue 2023: $2,033,941Expenses 2023: $2,948,720Net Income 2023: -$914,7792023Revenue 2024: $2,455,901Expenses 2024: $2,969,767Net Income 2024: -$513,8662024

Highlighted filing

2016

Revenue$1,398,879
Expenses$3,991,137
Net Income-$2,592,258
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 8, 2017
Return Version
2016v3.0
Gross Receipts
$1,398,879
Mission and Program Overview

Mission

The purpose of the illinois rural healthnet is to work cooperatively with entities within the state of illinois to facilitate and assist in the implementation of high-speed data transmission facilities for the provision of advanced telecommunications and information services to public and non-profit health care providers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Prepaid Expenses and Deferred Charges$11,312,734$9,579,685▼ $1,733,049
Land, Buildings, and Equipment, Net$3,423,458$3,134,004▼ $289,454
Intangible Assets$1,407,760$813,999▼ $593,761
Savings and Temporary Cash Investments$708,570$750,767▲ $42,197
Accounts Receivable$69,305$80,247▲ $10,942
Total Assets$16,959,914$14,383,156▼ $2,576,758
Other Assets Total$38,087$24,454▼ $13,633
Liabilities
Accounts Payable and Accrued Expenses$928,521$944,021▲ $15,500
Total Liabilities$928,521$944,021▲ $15,500
Net Assets / Fund Balance
Unrestricted Net Assets$16,031,393$13,439,135▼ $2,592,258
Total Net Assets Fund Balance$16,031,393$13,439,135▼ $2,592,258
Total Liabilities and Net Assets / Fund Balance$16,959,914$14,383,156▼ $2,576,758

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,803,320$478,886$2,282,206
Equipment$1,330,684$651,466$1,982,150
Compensation and Service Providers

Board Members and Trustees

NameTitle
John LewisFormer Chairman
Stephanie BeeverPresident
Angie HamptonDirector
Dr Charles NealDirector
Dr Dan DoolittleDirector
Jim MormannDirector
Trina CasnerDirector
Laura ZarembaSecretary & Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Fiberutilities Group LLCManagement & Consulting222 3RD AVE SE SUITE 500, Cedar Rapids, IA 52401$781,295
Revenue and Support

Revenue Composition

Contributions and Grants
$280,862
Program Service Revenue
$1,073,899
Investment Income
$0
Other Revenue
$44,118
Change in Net Assets
$-2,592,258

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,366,533
Revenue Not Reported on Financial Statements
$32,346
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$32,346
Total Revenue per Audited Statements
$1,366,533
Total Revenue per Form 990
$1,398,879
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,991,037
Grants and Similar Amounts Paid$100
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$905,272--$905,272
Fees for Services Other$638,644$112,702-$751,346
Fees for Services Accounting$26,495$4,676-$31,171
Insurance$5,518$974-$6,492
Fees for Services Legal$2,453$433-$2,886
Travel$1,880$332-$2,212
Conferences and Meetings$198$35-$233
Grants to Domestic Orgs$100--$100
Other Expenses$55$10-$65
All Other Expenses$24$2-$26
Total Functional Expenses$3,865,720$125,417$0$3,991,137

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,991,137
Total Expenses per Form 990$3,991,137
Total Expenses per Audited Statements$3,958,791
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$-32,346
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

During the tax year, the organization engaged fiberutilities group, llc to act as a management company for the organization. Fiberutilities group, llc provides administrative and management services along with assisting in creating a long-term strategic plan for the organization. In accordance with the management agreement, fiberutilities group, llc reports directly to the organization's governing body.

Form 990, Part VI, Section A, Line 4

The organization's bylaws were updated to more properly describe the operating structure of the entity. Illinois rural healthnet is governed by an independent board of director group and operated by a management company. In addition, the responsibilities of all parties involved in government and management were updated.

Form 990, Part VI, Section A, Line 6

Members of illinois rural healthnet (irhn) can include public and non-profit health care and health education agencies and organizations, private sector health care organizations and businesses, and public sector agencies that are providing assistance and/or resources for illinois rural healthnet network development and management.

Form 990, Part VI, Section B, Line 11B

The form 990 is reviewed by the board of the directors along with representatives from fiberutilities group, llc, a management company of illinois rural healthnet.

Form 990, Part VI, Section B, Line 12C

Each individual shall disclose to the organization any personal interest which he or she may have in any matter pending before the organization and shall refrain from participation in any decision on such matter. Any member of the board, any committee, or staff whio is an officer, board member, a committee member, or staff member of a client organization or vendor of illinois rural healthnet, nfp, shall identify his or her affiliation with such agency or agencies; further, in connection with any committee or board action specifically directed to that agency, s/he shall not participate in the decision affecting that agency and the decision must be made and/or ratified by the full board.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Illinois Rural Healthnet
EIN
26-1899392
Phone
3193643200
Address
222 THIRD AVENUE SE, CEDAR RAPIDS, IA 52401

Signing Officer

Name
Stephanie Beever
Title
President
Phone
3193643200
Signed
2017-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephanie Beever
Formed
2008
Legal Domicile
Il
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
8

Preparer

Firm
Rsm US Llp
Address
201 N HARRISON STREET SUITE 300, DAVENPORT, IA 52801-1999
Preparer
John J Romano
Phone
5638884000
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other fees: program service expenses 638,644. Management and general expenses 112,702. Fundraising expenses 0. Total expenses 751,346.

FORM 990, PART XII, LINE 2C:

The board of directors engages the independent accountants to perform the audit. In addition, the auditors meet with the board of directors to go over the audit report.

Financial Statement Notes

PART X, LINE 2:

Illinois rural healthnet is exempt from federal income taxes under section 501(c)(3) of the internal revenue code and similar sections of the illinois compiled statutes. The organization files a form 990 (return of organization exempt from income tax) annually. When the returns are filed, it is highly certain that some positions taken would be sustained upon examination by taxing authorities, while others are subject to uncertainty about the merits of the tax position taken or the amount of the position that would ultimately be sustained. Examples of tax positions common to nonprofit organizations include such matters as the following: the tax exempt status of each entity and various positions relative to potential sources of unrelated business income tax (ubit). Ubit is reported on form 990-t, as appropriate. The benefit of a tax position is recognized in the financial statements in the period during which, based on all available evidence, management believes that it is more likely than not that the position will be sustained upon examination, including the resolution of appeals or litigation process, if any. Tax positions are offset or aggregated with other positions. Tax positions that meet the "more likely than not" recognition threshold are measured as the largest amount of tax benefit that is more than 50% likely to be realized on settlement with the applicable taxing authority. The portion of the benefits associated with tax positions taken that exceeds the amount measured as described above is reflected as a liability for uncertain tax positions in the accompanying balance sheets along with any associated interest and penalties that would be payable to the taxing authorities upon examination. As of december 31, 2016 and 2015 there were no unrecognized tax benefits identified and recorded as a liability. Forms 990 filed by the organization are subject to examination by the internal revenue service (irs) up to three years from the extended due date of each return. Forms 990 filed by the organization are generally no longer subject to examination for the years ended december 31, 2012 and prior.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Revenue included with expenses on audit report 32,346.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Revenue included with expenses on audit report -32,346.

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IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt016031393
IRS990/NetAssetsOrFundBalancesEOYAmt013439135
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt038087
IRS990/OtherAssetsTotalGrp/EOYAmt024454
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0FIBER & NETWORK EXPENSE
IRS990/OtherExpensesGrp/Desc1CONNECTION EXPENSE
IRS990/OtherExpensesGrp/Desc2CONTRIBUTED SERVICES
IRS990/OtherExpensesGrp/Desc3BANK FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06253
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt110
IRS990/OtherExpensesGrp/ProgramServicesAmt02135873
IRS990/OtherExpensesGrp/ProgramServicesAmt1148105
IRS990/OtherExpensesGrp/ProgramServicesAmt21103
IRS990/OtherExpensesGrp/ProgramServicesAmt355
IRS990/OtherExpensesGrp/TotalAmt02135873
IRS990/OtherExpensesGrp/TotalAmt1148105
IRS990/OtherExpensesGrp/TotalAmt27356
IRS990/OtherExpensesGrp/TotalAmt365
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0BAD DEBT RECOVERY
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt032346
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt111772
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt032346
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt111772
IRS990/OtherRevenueTotalAmt044118
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt011312734
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09579685
IRS990/PrincipalOfficerNm0STEPHANIE BEEVER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0FEE REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01073899
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01073899
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01504103
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt03707139
IRS990/PYOtherRevenueAmt094
IRS990/PYProgramServiceRevenueAmt0989076
IRS990/PYRevenuesLessExpensesAmt0-1213866
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt03707139
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02493273
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-2592258
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01118017
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0708570
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0750767
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS - 2014 AMOUNT: $ 3,900. 2015 AMOUNT: $ 94. 2016 AMOUNT: $ 11,772. BAD DEBT RECOVERY - 2016 AMOUNT: $ 32,346.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0280862
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01504103
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02928713
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt04406108
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt07416608
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt016536394
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt021
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0114
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0136
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt04296762
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt044118
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt094
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt03900
IRS990ScheduleA/OtherIncome170Grp/TotalAmt048112
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99710
IRS990ScheduleA/PublicSupportPY170Pct00.99950
IRS990ScheduleA/PublicSupportTotal170Amt016536394
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0280862
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01504103
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02928713
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt04406108
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt07416608
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt016536394
IRS990ScheduleA/TotalSupportAmt016584642
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt01330684
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0651466
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01982150
IRS990ScheduleD/ExpensesNotReportedAmt0-32346
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03991137
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt0-32346
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01803320
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0478886
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02282206
IRS990ScheduleD/OtherRevenuesNotIncludedAmt032346
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt032346
IRS990ScheduleD/RevenueSubtotalAmt01366533
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ILLINOIS RURAL HEALTHNET IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SIMILAR SECTIONS OF THE ILLINOIS COMPILED STATUTES. THE ORGANIZATION FILES A FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX) ANNUALLY. WHEN THE RETURNS ARE FILED, IT IS HIGHLY CERTAIN THAT SOME POSITIONS TAKEN WOULD BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES, WHILE OTHERS ARE SUBJECT TO UNCERTAINTY ABOUT THE MERITS OF THE TAX POSITION TAKEN OR THE AMOUNT OF THE POSITION THAT WOULD ULTIMATELY BE SUSTAINED. EXAMPLES OF TAX POSITIONS COMMON TO NONPROFIT ORGANIZATIONS INCLUDE SUCH MATTERS AS THE FOLLOWING: THE TAX EXEMPT STATUS OF EACH ENTITY AND VARIOUS POSITIONS RELATIVE TO POTENTIAL SOURCES OF UNRELATED BUSINESS INCOME TAX (UBIT). UBIT IS REPORTED ON FORM 990-T, AS APPROPRIATE. THE BENEFIT OF A TAX POSITION IS RECOGNIZED IN THE FINANCIAL STATEMENTS IN THE PERIOD DURING WHICH, BASED ON ALL AVAILABLE EVIDENCE, MANAGEMENT BELIEVES THAT IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING THE RESOLUTION OF APPEALS OR LITIGATION PROCESS, IF ANY. TAX POSITIONS ARE OFFSET OR AGGREGATED WITH OTHER POSITIONS. TAX POSITIONS THAT MEET THE "MORE LIKELY THAN NOT" RECOGNITION THRESHOLD ARE MEASURED AS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS MORE THAN 50% LIKELY TO BE REALIZED ON SETTLEMENT WITH THE APPLICABLE TAXING AUTHORITY. THE PORTION OF THE BENEFITS ASSOCIATED WITH TAX POSITIONS TAKEN THAT EXCEEDS THE AMOUNT MEASURED AS DESCRIBED ABOVE IS REFLECTED AS A LIABILITY FOR UNCERTAIN TAX POSITIONS IN THE ACCOMPANYING BALANCE SHEETS ALONG WITH ANY ASSOCIATED INTEREST AND PENALTIES THAT WOULD BE PAYABLE TO THE TAXING AUTHORITIES UPON EXAMINATION. AS OF DECEMBER 31, 2016 AND 2015 THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED AND RECORDED AS A LIABILITY. FORMS 990 FILED BY THE ORGANIZATION ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE (IRS) UP TO THREE YEARS FROM THE EXTENDED DUE DATE OF EACH RETURN. FORMS 990 FILED BY THE ORGANIZATION ARE GENERALLY NO LONGER SUBJECT TO EXAMINATION FOR THE YEARS ENDED DECEMBER 31, 2012 AND PRIOR.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1REVENUE INCLUDED WITH EXPENSES ON AUDIT REPORT 32,346.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2REVENUE INCLUDED WITH EXPENSES ON AUDIT REPORT -32,346.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03134004
IRS990ScheduleD/TotalExpensesPerForm990Amt03991137
IRS990ScheduleD/TotalRevenuePerForm990Amt01398879
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01366533
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03958791
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DURING THE TAX YEAR, THE ORGANIZATION ENGAGED FIBERUTILITIES GROUP, LLC TO ACT AS A MANAGEMENT COMPANY FOR THE ORGANIZATION. FIBERUTILITIES GROUP, LLC PROVIDES ADMINISTRATIVE AND MANAGEMENT SERVICES ALONG WITH ASSISTING IN CREATING A LONG-TERM STRATEGIC PLAN FOR THE ORGANIZATION. IN ACCORDANCE WITH THE MANAGEMENT AGREEMENT, FIBERUTILITIES GROUP, LLC REPORTS DIRECTLY TO THE ORGANIZATION'S GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S BYLAWS WERE UPDATED TO MORE PROPERLY DESCRIBE THE OPERATING STRUCTURE OF THE ENTITY. ILLINOIS RURAL HEALTHNET IS GOVERNED BY AN INDEPENDENT BOARD OF DIRECTOR GROUP AND OPERATED BY A MANAGEMENT COMPANY. IN ADDITION, THE RESPONSIBILITIES OF ALL PARTIES INVOLVED IN GOVERNMENT AND MANAGEMENT WERE UPDATED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS OF ILLINOIS RURAL HEALTHNET (IRHN) CAN INCLUDE PUBLIC AND NON-PROFIT HEALTH CARE AND HEALTH EDUCATION AGENCIES AND ORGANIZATIONS, PRIVATE SECTOR HEALTH CARE ORGANIZATIONS AND BUSINESSES, AND PUBLIC SECTOR AGENCIES THAT ARE PROVIDING ASSISTANCE AND/OR RESOURCES FOR ILLINOIS RURAL HEALTHNET NETWORK DEVELOPMENT AND MANAGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS REVIEWED BY THE BOARD OF THE DIRECTORS ALONG WITH REPRESENTATIVES FROM FIBERUTILITIES GROUP, LLC, A MANAGEMENT COMPANY OF ILLINOIS RURAL HEALTHNET.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EACH INDIVIDUAL SHALL DISCLOSE TO THE ORGANIZATION ANY PERSONAL INTEREST WHICH HE OR SHE MAY HAVE IN ANY MATTER PENDING BEFORE THE ORGANIZATION AND SHALL REFRAIN FROM PARTICIPATION IN ANY DECISION ON SUCH MATTER. ANY MEMBER OF THE BOARD, ANY COMMITTEE, OR STAFF WHIO IS AN OFFICER, BOARD MEMBER, A COMMITTEE MEMBER, OR STAFF MEMBER OF A CLIENT ORGANIZATION OR VENDOR OF ILLINOIS RURAL HEALTHNET, NFP, SHALL IDENTIFY HIS OR HER AFFILIATION WITH SUCH AGENCY OR AGENCIES; FURTHER, IN CONNECTION WITH ANY COMMITTEE OR BOARD ACTION SPECIFICALLY DIRECTED TO THAT AGENCY, S/HE SHALL NOT PARTICIPATE IN THE DECISION AFFECTING THAT AGENCY AND THE DECISION MUST BE MADE AND/OR RATIFIED BY THE FULL BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6OTHER FEES: PROGRAM SERVICE EXPENSES 638,644. MANAGEMENT AND GENERAL EXPENSES 112,702. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 751,346.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE BOARD OF DIRECTORS ENGAGES THE INDEPENDENT ACCOUNTANTS TO PERFORM THE AUDIT. IN ADDITION, THE AUDITORS MEET WITH THE BOARD OF DIRECTORS TO GO OVER THE AUDIT REPORT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt016959914
IRS990/TotalAssetsEOYAmt014383156
IRS990/TotalAssetsGrp/BOYAmt016959914
IRS990/TotalAssetsGrp/EOYAmt014383156
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0280862
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0125417
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03865720
IRS990/TotalFunctionalExpensesGrp/TotalAmt03991137
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0928521
IRS990/TotalLiabilitiesEOYAmt0944021
IRS990/TotalLiabilitiesGrp/BOYAmt0928521
IRS990/TotalLiabilitiesGrp/EOYAmt0944021
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt016031393
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt013439135
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt03865720
IRS990/TotalProgramServiceRevenueAmt01073899
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01118017
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01398879
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt016959914
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt014383156
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0332
IRS990/TravelGrp/ProgramServicesAmt01880
IRS990/TravelGrp/TotalAmt02212
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt016031393
IRS990/UnrestrictedNetAssetsGrp/EOYAmt013439135
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0222 THIRD AVENUE SE

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.22$0.61$2.61$2.46$2.97$0.51
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.93$0.80$3.12$2.03$2.95$0.91
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.71$0.68$4.04$1.97$3.00$1.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.99$0.92$5.07$2.26$3.09$0.83
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.70$0.80$5.90$2.22$3.74$1.52
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.20$0.78$7.42$1.99$3.57$1.59
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.83$0.83$9.00$1.85$3.73$1.89
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.8$0.91$10.9$1.30$3.85$2.55
2016Detailed filing. Detailed filing data is available for this year.$14.4$0.94$13.4$1.40$3.99$2.59
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.0$0.93$16.0$2.49$3.71$1.21
2014Detailed filing. Detailed filing data is available for this year.$18.4$1.19$17.2$3.81$3.35$0.46
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.9$1.10$16.8$5.43$2.31$3.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.4$1.72$13.7$1.88
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.81$2.02$7.79$0.36
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.05$1.87$2.18$0.05