Civic Intelligence

Southwest Hospitals Mri Inc

EIN 36-3517928 • 501(c)3 • Oak Lawn, IL

Profile

Provide MRI diagnostic and ultrasound services to the southwest Chicago community.

5550 W 111th StreetOak Lawn, IL 60453

www.southwestmri.com

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2017

Liabilities / Revenue

20th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

93rd percentile

63%

Higher net margin than 93% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

9th percentile

-37%

Faster revenue growth than 9% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$4,204,651

Down $327,102 (-7.2%) from 2014

Liabilities

Down

$39,957

Down $20,726 (-34%) from 2014

Net Assets

Down

$4,164,694

Down $306,376 (-6.9%) from 2014

Revenue

Down

$865,485

Down $165,872 (-16%) from 2014

Expenses

Down

$992,385

Down $395,291 (-28%) from 2014

Net Income

Up

-$126,900

Up $229,419 (+64%) from 2014

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $5,601,576Liabilities 2010: $101,825Net Assets 2010: $5,499,7512010Assets 2011: $5,530,288Liabilities 2011: $133,819Net Assets 2011: $5,396,4692011Assets 2012: $5,344,059Liabilities 2012: $102,674Net Assets 2012: $5,241,3852012Assets 2013: $4,941,528Liabilities 2013: $81,227Net Assets 2013: $4,860,3012013Assets 2014: $4,531,753Liabilities 2014: $60,683Net Assets 2014: $4,471,0702014Assets 2016: $4,204,651Liabilities 2016: $39,957Net Assets 2016: $4,164,6942016

Highlighted filing

2016

Assets$4,204,651
Liabilities$39,957
Net Assets$4,164,694

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $2,305,0372010Expenses 2011: $2,033,0602011Expenses 2012: $2,043,6652012Revenue 2013: $1,348,383Expenses 2013: $1,729,467Net Income 2013: -$381,0842013Revenue 2014: $1,031,357Expenses 2014: $1,387,676Net Income 2014: -$356,3192014Revenue 2016: $865,485Expenses 2016: $992,385Net Income 2016: -$126,9002016

Highlighted filing

2016

Revenue$865,485
Expenses$992,385
Net Income-$126,900

Filings

Latest Detailed Filing

The latest 2016 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2014 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jun 29, 2015
Return Version
2014v5.0
Gross Receipts
$1,581,357
Mission and Program Overview

Mission

Provide MRI diagnostic and ultrasound services to the southwest Chicago community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,953,032$1,933,176▼ $19,856
Land, Buildings, and Equipment, Net$1,431,270$1,319,025▼ $112,245
Savings and Temporary Cash Investments$1,008,621$611,142▼ $397,479
Cash and Non-Interest-Bearing Accounts$252,118$498,805▲ $246,687
Accounts Receivable$244,402$133,305▼ $111,097
Prepaid Expenses and Deferred Charges$52,085$36,300▼ $15,785
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$4,941,528$4,531,753▼ $409,775
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$81,227$60,683▼ $20,544
Total Liabilities$81,227$60,683▼ $20,544
Net Assets / Fund Balance
Unrestricted Net Assets$4,860,301$4,471,070▼ $389,231
Total Net Assets Fund Balance$4,860,301$4,471,070▼ $389,231
Total Liabilities and Net Assets / Fund Balance$4,941,528$4,531,753▼ $409,775

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,417$2,778,702$2,783,119
Buildings$886,094$1,838,490$2,724,584
Land$415,492-$415,492
Other Land Buildings$13,022$107,879$120,901
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Michael CepolskiManagerFT$116,865$116,865
Lawrence StapletonStaff MRI TechFT$97,003$97,003
William EdgeworthStaff MRI TechFT$96,205$96,205
Linda JohnsonStaff MRI TechFT$85,130$85,130
Patricia WinkerOfficeFT$53,335$53,335

Board Members and Trustees

NameTitle
Timothy BrosnanPresident
Margie ZeglanDirector
Kevin RehderSecretary
Ann HaskinsTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Siemens Medical Solutions USA IncMRI MaintenanceP O Box 96044, Chicago, IL 60693-6044$107,459
Palos Community HospitalHealth Insurance12251 S 80th Avenue, Palos Heights, IL 60463$74,233
American United Life InsuranceEmployee BenefitsOne American Square PO Box 368, Indianapolis, IN 46206-0368$45,782
Hallberg Commercial Insurors IncVar. Business Insur.9632 S Cicero Ave, Oak Lawn, IL 60453$34,240
Blue Island Radiology ConsultantsMedical BillingPO Box 430, Frankfort, IL 60423$26,809
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$966,225
Investment Income
$65,132
Other Revenue
$0
Change in Net Assets
$-356,319

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,023,801
Revenue Not Reported on Financial Statements
$7,556
Total Revenue per Audited Statements
$1,023,801
Total Revenue per Form 990
$1,031,357
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$712,109
Salaries, Compensation, and Employee Benefits$675,567
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$342,269$171,134-$513,403
Depreciation Depletion$120,528--$120,528
All Other Expenses$65,124$32,926-$98,050
Other Employee Benefits$48,169$24,084-$72,253
Pension Plan Contributions$32,188$16,094-$48,282
Insurance$36,247$6,396-$42,643
Payroll Taxes$27,753$13,876-$41,629
Occupancy$34,927$6,163-$41,090
Other Expenses$40,071$2,884-$40,071
Advertising$15,935$15,935-$31,870
Fees for Services Accounting-$14,445-$14,445
Fees for Service Investment Mgmnt Fees-$7,556-$7,556
Office Expenses-$7,138-$7,138
Information Technology$1,693$1,692-$3,385
Fees for Services Legal-$1,909-$1,909
Total Functional Expenses$1,057,469$330,207$0$1,387,676

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,387,676
Expenses per Audited Statements$1,380,120
Total Expenses per Audited Statements$1,380,120
Expenses Not Reported on Financial Statements$7,556
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

1) Little Company of Mary Hospital2) St. George Corporation (Palos Community Hospital)

Form 990, Part VI, Line 11B: Form 990 Review Process

Reviewed by board members prior to filing.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

All salaries and increases reviewed and approved by board of directors.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Southwest Hospitals MRI Inc
EIN
36-3517928
Phone
7086360633
Address
5550 W 111th Street, Oak Lawn, IL 60453

Signing Officer

Name
Timothy Brosnan
Title
President
Signed
2015-06-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Timothy Brosnan
Formed
1986
Legal Domicile
Il
Voting Board Members
5
Independent Board Members
4
Employees
9

Preparer

Firm
Costin Hammel & Leake LLC
Address
11312 Distinctive Dr, Orland Park, IL 60467
Preparer
Daniel K Turner CPA
Phone
7084786480
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IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt023132
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt023132
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01953032
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01933176
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04725071
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01431270
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01319025
IRS990/LandBldgEquipCostOrOtherBssAmt06044096
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0550000
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Provide MRI diagnostic and ultrasound services to the southwest Chicago community.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt04860301
IRS990/NetAssetsOrFundBalancesEOYAmt04471070
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt042000
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt042000
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt06163
IRS990/OccupancyGrp/ProgramServicesAmt034927
IRS990/OccupancyGrp/TotalAmt041090
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07138
IRS990/OfficeExpensesGrp/TotalAmt07138
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt024084
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt048169
IRS990/OtherEmployeeBenefitsGrp/TotalAmt072253
IRS990/OtherExpensesGrp/Desc0Equipment Maintenance
IRS990/OtherExpensesGrp/Desc1Bad debts
IRS990/OtherExpensesGrp/Desc2Building Maintenance
IRS990/OtherExpensesGrp/Desc3Billing Services
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07975
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12884
IRS990/OtherExpensesGrp/ProgramServicesAmt0151527
IRS990/OtherExpensesGrp/ProgramServicesAmt186224
IRS990/OtherExpensesGrp/ProgramServicesAmt254814
IRS990/OtherExpensesGrp/ProgramServicesAmt340071
IRS990/OtherExpensesGrp/TotalAmt0159502
IRS990/OtherExpensesGrp/TotalAmt186224
IRS990/OtherExpensesGrp/TotalAmt257698
IRS990/OtherExpensesGrp/TotalAmt340071
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0171134
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0342269
IRS990/OtherSalariesAndWagesGrp/TotalAmt0513403
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt013876
IRS990/PayrollTaxesGrp/ProgramServicesAmt027753
IRS990/PayrollTaxesGrp/TotalAmt041629
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt016094
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt032188
IRS990/PensionPlanContributionsGrp/TotalAmt048282
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt052085
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt036300
IRS990/PrincipalOfficerNm0Timothy Brosnan
IRS990/PriorPeriodAdjustmentsAmt0-32912
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0621400
IRS990/ProgramServiceRevenueGrp/Desc0MRI/Ultrasound Exams
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0966225
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0966225
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt015690
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0853872
IRS990/PYProgramServiceRevenueAmt01332693
IRS990/PYRevenuesLessExpensesAmt0-381084
IRS990/PYSalariesCompEmpBnftPaidAmt0875595
IRS990/PYTotalExpensesAmt01729467
IRS990/PYTotalRevenueAmt01348383
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-356319
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0966225
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01008621
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0611142
IRS990ScheduleA/HospitalInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0886094
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01838490
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02724584
IRS990ScheduleD/EquipmentGrp/BookValueAmt04417
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02778702
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02783119
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt07556
IRS990ScheduleD/ExpensesSubtotalAmt01380120
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt07556
IRS990ScheduleD/InvestmentExpensesNotIncldAmt07556
IRS990ScheduleD/LandGrp/BookValueAmt0415492
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0415492
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt013022
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0107879
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0120901
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt07556
IRS990ScheduleD/RevenueSubtotalAmt01023801
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01319025
IRS990ScheduleD/TotalExpensesPerForm990Amt01387676
IRS990ScheduleD/TotalRevenuePerForm990Amt01031357
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01023801
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01380120
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt01) Little Company of Mary Hospital2) St. George Corporation (Palos Community Hospital)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Reviewed by board members prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All salaries and increases reviewed and approved by board of directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees

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