Civic Intelligence

Chicago Association for Research and Education in Science

EIN 36-3334177 • 501(c)3 • Hines, IL

Profile

To enhance the health care of Americas veterans by supporting the research and education of physicians, nurses, researchers, and others at the Edward Hines, Jr. VA Hospital, Captain James A. Lovell Federal Health Care Center, William S. Middleton Memorial Veterans Hospital, and Jesse Brown VA Medical Center.

PO Box 250Hines, IL 60141

www.cares-research.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

50th percentile

0.12x

Higher debt load relative to assets than 50% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

54th percentile

0.18x

Higher debt load relative to revenue than 54% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

53rd percentile

5.6%

Higher net margin than 53% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

70th percentile

$187,500

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

13th percentile

-9.4%

Faster asset growth than 13% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

31st percentile

-2.1%

Faster revenue growth than 31% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Down

$9,671,525

Down $1,004,383 (-9.4%) from 2023

Liabilities

Down

$1,186,332

Down $1,367,556 (-54%) from 2023

Net Assets

Up

$8,485,193

Up $363,173 (+4.5%) from 2023

Revenue

Down

$6,451,072

Down $135,833 (-2.1%) from 2023

Expenses

Down

$6,087,899

Down $193,965 (-3.1%) from 2023

Net Income

Up

$363,173

Up $58,132 (+19%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2010: $9,813,735Liabilities 2010: $7,698,796Net Assets 2010: $2,114,9392010Assets 2011: $10,342,156Liabilities 2011: $8,389,860Net Assets 2011: $1,952,2962011Assets 2012: $8,386,405Liabilities 2012: $2,682,907Net Assets 2012: $5,703,4982012Assets 2013: $7,738,261Liabilities 2013: $2,245,804Net Assets 2013: $5,492,4572013Assets 2014: $6,557,287Liabilities 2014: $1,854,346Net Assets 2014: $4,702,9412014Assets 2015: $5,724,811Liabilities 2015: $1,398,523Net Assets 2015: $4,326,2882015Assets 2016: $6,043,358Liabilities 2016: $717,299Net Assets 2016: $5,326,0592016Assets 2017: $5,580,851Liabilities 2017: $636,078Net Assets 2017: $4,944,7732017Assets 2018: $5,705,761Liabilities 2018: $1,103,362Net Assets 2018: $4,602,3992018Assets 2019: $7,603,507Liabilities 2019: $1,590,483Net Assets 2019: $6,013,0242019Assets 2020: $11,054,077Liabilities 2020: $3,212,885Net Assets 2020: $7,841,1922020Assets 2021: $13,393,807Liabilities 2021: $5,291,581Net Assets 2021: $8,102,2262021Assets 2022: $11,790,723Liabilities 2022: $3,973,744Net Assets 2022: $7,816,9792022Assets 2023: $10,675,908Liabilities 2023: $2,553,888Net Assets 2023: $8,122,0202023Assets 2024: $9,671,525Liabilities 2024: $1,186,332Net Assets 2024: $8,485,1932024

Highlighted filing

2024

Assets$9,671,525
Liabilities$1,186,332
Net Assets$8,485,193

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $5,617,8712010Expenses 2011: $6,167,3392011Expenses 2012: $5,917,6752012Expenses 2013: $5,543,0052013Revenue 2014: $4,335,281Expenses 2014: $5,253,655Net Income 2014: -$918,3742014Revenue 2015: $5,463,609Expenses 2015: $5,856,989Net Income 2015: -$393,3802015Revenue 2016: $6,301,773Expenses 2016: $5,313,128Net Income 2016: $988,6452016Revenue 2017: $5,607,562Expenses 2017: $5,998,946Net Income 2017: -$391,3842017Revenue 2018: $5,238,024Expenses 2018: $5,574,845Net Income 2018: -$336,8212018Revenue 2019: $6,694,140Expenses 2019: $5,300,066Net Income 2019: $1,394,0742019Revenue 2020: $5,251,662Expenses 2020: $5,457,775Net Income 2020: -$206,1132020Revenue 2021: $6,311,783Expenses 2021: $6,050,749Net Income 2021: $261,0342021Revenue 2022: $5,694,956Expenses 2022: $5,980,203Net Income 2022: -$285,2472022Revenue 2023: $6,586,905Expenses 2023: $6,281,864Net Income 2023: $305,0412023Revenue 2024: $6,451,072Expenses 2024: $6,087,899Net Income 2024: $363,1732024

Highlighted filing

2024

Revenue$6,451,072
Expenses$6,087,899
Net Income$363,173

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.67$1.19$8.49$6.45$6.09$0.36
2023Detailed filing. Detailed filing data is available for this year.$10.7$2.55$8.12$6.59$6.28$0.31
2022Detailed filing. Detailed filing data is available for this year.$11.8$3.97$7.82$5.69$5.98$0.29
2021Detailed filing. Detailed filing data is available for this year.$13.4$5.29$8.10$6.31$6.05$0.26
2020Detailed filing. Detailed filing data is available for this year.$11.1$3.21$7.84$5.25$5.46$0.21
2019Detailed filing. Detailed filing data is available for this year.$7.60$1.59$6.01$6.69$5.30$1.39
2018Detailed filing. Detailed filing data is available for this year.$5.71$1.10$4.60$5.24$5.57$0.34
2017Detailed filing. Detailed filing data is available for this year.$5.58$0.64$4.94$5.61$6.00$0.39
2016Detailed filing. Detailed filing data is available for this year.$6.04$0.72$5.33$6.30$5.31$0.99
2015Detailed filing. Detailed filing data is available for this year.$5.72$1.40$4.33$5.46$5.86$0.39
2014Detailed filing. Detailed filing data is available for this year.$6.56$1.85$4.70$4.34$5.25$0.92
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.74$2.25$5.49$5.54
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.39$2.68$5.70$5.92
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.3$8.39$1.95$6.17
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.81$7.70$2.11$5.62
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$6,451,072
Mission and Program Overview

Mission

To enhance the health care of america's veterans by supporting the research and education of physicians, nurses, researchers, and others at the edward hines, jr. Va hospital and the captain james a. Lovell federal health care center

Enhancing the health care of Americas veterans by supporting research and education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$8,966,072$8,371,473▼ $594,599
Accounts Receivable$1,458,110$1,116,564▼ $341,546
Cash and Non-Interest-Bearing Accounts$131,386$74,726▼ $56,660
Land, Buildings, and Equipment, Net$102,894$68,960▼ $33,934
Prepaid Expenses and Deferred Charges$17,446$39,802▲ $22,356
Total Assets$10,675,908$9,671,525▼ $1,004,383
Liabilities
Accounts Payable and Accrued Expenses$1,133,481$963,326▼ $170,155
Other Liabilities$1,420,407$223,006▼ $1,197,401
Total Liabilities$2,553,888$1,186,332▼ $1,367,556
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,697,585$7,012,640▲ $315,055
Net Assets With Donor Restrictions$1,424,435$1,472,553▲ $48,118
Total Net Assets Fund Balance$8,122,020$8,485,193▲ $363,173
Total Liabilities and Net Assets / Fund Balance$10,675,908$9,671,525▼ $1,004,383

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$68,960$1,103,502$1,172,462
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lauren RichCEO/SecretaryFT$187,500$13,444$200,944
Terry Lee SmithStaffFT$140,532$6,770$147,302
Nina HuangStaffFT$130,905$7,277$138,182
Bharat ThakkarStaffFT$114,335$11,308$125,643
Madalina TomaStaffFT$92,045$24,096$116,141

Board Members and Trustees

NameTitle
William Wolf PhDPresident
Bharathi Swaminathan MDBoard Member
Christina Girgis MDBoard Member
Christine KlecknerBoard Member
Israel Rubinstein MDBoard Member
James DoellingBoard Member
Jeffrey Oken MDBoard Member
Jihan WalkerBoard Member
Michael Richardson MDBoard Member
Robert Buckley MD MPH FACEPBoard Member
Robert Holland MDBoard Member
Ronald KaplanBoard Member
Ryan Marsh MDBoard Member
Sarah Unterman MD FACEPBoard Member
Shubhada Ahya MD MSBoard Member
Staci WilliamsBoard Member
Steve MaddoxBoard Member
William Cotter MDBoard Member
Nasia Safdar MD PhDTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,811,221
Program Service Revenue
$2,301,642
Investment Income
$338,209
Other Revenue
$0
Change in Net Assets
$363,173

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,451,072
Revenue Not Reported on Form 990
$18,335
Total Revenue per Audited Statements
$6,469,407
Total Revenue per Form 990
$6,451,072
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,940,661
Other Expenses$2,147,238
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,695,098$506,721-$3,201,819
Other Expenses$1,554,894--$1,554,894
Office Expenses$228,236$38,109-$266,345
Payroll Taxes$207,760$50,584-$258,344
Other Employee Benefits$167,051$41,962-$209,013
Current Officers, Directors, Trustees, and Key Employees-$187,975-$187,975
Fees for Services Other$74,976$29,613-$104,589
Pension Plan Contributions$65,194$18,316-$83,510
Travel$67,233$1,755-$68,988
Depreciation Depletion$33,935--$33,935
Conferences and Meetings$25,812$4,866-$30,678
Fees for Services Accounting-$28,450-$28,450
Information Technology$20,000$8,358-$28,358
Insurance-$20,081-$20,081
Fees for Services Legal-$10,920-$10,920
Total Functional Expenses$5,140,189$947,710$0$6,087,899

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,106,234
Expenses per Audited Statements$6,087,899
Total Expenses per Form 990$6,087,899
Expenses Not Reported on Form 990$18,335
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes$223,006
Unearned Research Grant-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The Form 990 is presented to the Board Members at a regularly scheduled meeting or it is distributed electronically for review prior to submission.

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

Annually, all officers, directors, trustees, and key employees are provided a copy of the Conflict of Interest Policy and required to sign a statement either identifying potential conflicts or confirming that no such conflicts exist.

Form 990, Part VI, Section B, Line 15

The President of CARES engages an outside entity every third year to conduct a market analysis and salary comparability study to determine if the salary for the CEO is in an acceptable range. The report from the outside entity is shared with the Board of Directors at a regularly scheduled meeting. The discussion is recorded in the minutes.

Form 990, Part VI, Section C, Line 19

CARESs governing documents, Conflict of Interest Policy, and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Chicago Association for Research and Education in Science
EIN
36-3334177
Phone
7083436300
Address
PO Box 250, Hines, IL 60141
Doing Business As
Cares

Signing Officer

Name
Lauren M Rich
Title
Chief Executive Officer
Phone
7083436300
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lauren M Rich
Formed
1984
Legal Domicile
Il
Voting Board Members
19
Independent Board Members
18
Employees
55

Preparer

Firm
Adele K Peterson CPA Ltd
Address
777 Tiffany Farms Road, Antioch, IL 60002
Preparer
Adele K Peterson
Phone
8473951128
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

Program Service Expenses 2,788,329, Grants and allocations 0, Revenue 2,000,275 See Schedule O

Form 990, Part III, Line Line 4A

Caring Connections A program to alleviate social isolation and loneliness in individuals living with spinal cord injury conducted by Dr. Sherri Lavela at Edward Hines Jr. VA Hospital. The findings of this study have revealed how persons with SCI/D conceptualize loneliness and social isolation, and both constructs encompassed feeling alone along with other emotional states such as darkness and sadness lack of meaningful interactions and brought to light patient views on driving factors. Findings can be used to develop social health interventions and guide patient-provider discussions that address meaningful aspects of loneliness and social isolation as perceived by individuals and suggest that efforts are needed to better identify and respond to social isolation and lonliness in community and healthcare settings. These findings will help us build and refine the intervention design and content for the current grant.

Form 990, Part III, Line Line 4B

COVID-19 vaccine safety monitoring surveillance Rapid Cycle Analysis Queries Risk Assessment/Evaluation funded by the CDC. Under this study, adverse events of special interest AESIswill be identified through ICD-10 diagnosis codes in CDW databases for Veterans who received COVID-19 vaccines. Prespecified potential AESIs will be identified from inpatient and emergency visits for most outcomes and a small number of pre-specified outcomes will also be identified from outpatient visits. The potential associations between vaccine administration and pre-specified adverse events will be evaluated in near real-time employing a technique called rapid cycle analysis RCA. Specifically, a Poisson-based maximized sequential probability tes MaxSPRT will be employed. Other approaches may also be adopted in order to monitor the safety of COVID-19 vaccines in near real-time e.g. Bayesian, vaccinated vs unvaccinated matched on date of vaccination, etc. SafeRx Post-Market Medical Product Surveillance funded by the FDA. The purpose of this study was to enhance drug safetly knowledge and expand and develop better tools and techniques for assessing drug safety through information sharing and the exploitantion of VA and FDA synergies in a variety of areas of scientific expertise. The goals of collaboration were to expore ways to - Further enhave informatoin sharing efforts through more efficient and robust inter-agency activities - Promote efficient utilization of tools and expertise for product risk identification, validation, and analysis - Build infrastructure and processes that meet the common needs for evaluating drug safety. These studies were conducted by Dr. Cunningham Francesca at Edward Hines, Jr. VA Hospital.

Form 990, Part III, Line Line 4C

Enhancing regeneration and improving function after SCI study conducted at Edward Hines Jr. VA Hospital in Dr. Kartjes laboratory. The goal of the project is to determine if anti-Nogo A antibodies produced by NovaGo result in regeneration and functional recovery post-spinal cord injury in adult rats

Form 990, Part III, Line Line 4D

The Chicago Association for Research and Education in Science CARES has been serving veterans since 1984. The primary tax-exempt purpose of CARES is biomedical, clinical and health services research as well as health related educational activities in collaboration with the Edward Hines Jr. VA Hospital and the Captain James A. Lovell Federal Health Care Center, William S. Middleton VA Hospital and Jesse Brown VA Medical Center. This research benefits United States Veterans being treated at all four VA sites and the general public by advancing knowledge in the diagnosis and treatment of disease and disability. Education activities include the dissemination of research results through publication in quality medical journals and presentation at professional meetings all of which are intended to translate research results to clinical practice. Other education is geared to helping patients and their families understand and manage their medical conditions. During the past year, CARES supported more than 100 individual researchers who cumulatively are conducting research projects in the following diabetic foot ulcers, antibiotic-resistant infections, hypertensive renal injury, osteoporosis, retinopathy, bladder function, neurofibromatosis, chronic obstructive pulmonary disease, inflammatory bowel disease, diabetes, rehabilitation research and development, pressure ulcers, hypertension, infectious diseases, cancer, cardiovascular disease, mental health, stroke, health services and outcomes research, kidney disease, veteran engagement, mechanical ventilation, traumatic brain injury, spinal cord injury, musculoskeletal biomechanics, and more.

Raw XML AppendixShowing 400 of 538 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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