Civic Intelligence

Hinsdale Hospital Foundation

EIN 52-1466387 • 501(c)3 • Hinsdale, IL

Profile

The promotion of philanthropy and goodwill for adventist midwest health d/b/a uchicago medicine adventhealth hinsdale.

120 North Oak StreetHinsdale, IL 60521

see schedule o

Siviq Scores

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

Liabilities / Assets

13th percentile

0.01x

Higher debt load relative to assets than 13% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

13th percentile

0.02x

Higher debt load relative to revenue than 13% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

40th percentile

1.0%

Higher net margin than 40% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

86th percentile

$389,430

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 11.3% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

8th percentile

-13%

Faster asset growth than 8% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

96th percentile

204%

Faster revenue growth than 96% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets13th percentile

Assets

Down

$10,662,335

Down $1,641,516 (-13%) from 2023

Liabilities

Up

$60,795

Up $32,690 (+116%) from 2023

Net Assets

Down

$10,601,540

Down $1,674,206 (-14%) from 2023

Operations
Liabilities / Revenue13th percentileNet Margin40th percentile

Revenue

Up

$3,455,115

Up $2,317,382 (+204%) from 2023

Expenses

Up

$3,421,705

Up $2,589,297 (+311%) from 2023

Net Income

Down

$33,410

Down $271,915 (-89%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth8th percentile

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

$20M$15M$10M$5.0M$0Assets 2010: $16,481,310Liabilities 2010: $22,445Net Assets 2010: $16,458,8652010Assets 2011: $16,141,534Liabilities 2011: $51,867Net Assets 2011: $16,089,6672011Assets 2012: $13,642,918Liabilities 2012: $720,580Net Assets 2012: $12,922,3382012Assets 2013: $14,027,950Liabilities 2013: $102,196Net Assets 2013: $13,925,7542013Assets 2014: $13,428,343Liabilities 2014: $123,692Net Assets 2014: $13,304,6512014Assets 2015: $12,185,976Liabilities 2015: $59,353Net Assets 2015: $12,126,6232015Assets 2016: $12,249,016Liabilities 2016: $125,848Net Assets 2016: $12,123,1682016Assets 2017: $12,552,065Liabilities 2017: $112,005Net Assets 2017: $12,440,0602017Assets 2018: $9,229,845Liabilities 2018: $46,641Net Assets 2018: $9,183,2042018Assets 2019: $9,936,048Liabilities 2019: $82,833Net Assets 2019: $9,853,2152019Assets 2020: $10,006,688Liabilities 2020: $37,711Net Assets 2020: $9,968,9772020Assets 2021: $11,541,755Liabilities 2021: $89,530Net Assets 2021: $11,452,2252021Assets 2022: $10,728,551Liabilities 2022: $69,784Net Assets 2022: $10,658,7672022Assets 2023: $12,303,851Liabilities 2023: $28,105Net Assets 2023: $12,275,7462023Assets 2024: $10,662,335Liabilities 2024: $60,795Net Assets 2024: $10,601,5402024

Highlighted filing

2024

Assets$10,662,335
Liabilities$60,795
Net Assets$10,601,540
Open 2024 Filing

Operations Trend

Revenue Growth96th percentile

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

$10M$5.0M$0-$5.0MExpenses 2010: $2,615,5692010Expenses 2011: $2,376,6502011Expenses 2012: $8,872,2942012Revenue 2013: $2,800,733Expenses 2013: $2,624,555Net Income 2013: $176,1782013Revenue 2014: $3,148,753Expenses 2014: $2,966,429Net Income 2014: $182,3242014Revenue 2015: $4,528,192Expenses 2015: $2,257,756Net Income 2015: $2,270,4362015Revenue 2016: $3,065,314Expenses 2016: $4,428,858Net Income 2016: -$1,363,5442016Revenue 2017: $1,936,466Expenses 2017: $1,901,932Net Income 2017: $34,5342017Revenue 2018: $857,281Expenses 2018: $3,482,419Net Income 2018: -$2,625,1382018Revenue 2019: $1,106,820Expenses 2019: $1,368,936Net Income 2019: -$262,1162019Revenue 2020: $1,244,867Expenses 2020: $1,891,797Net Income 2020: -$646,9302020Revenue 2021: $1,965,714Expenses 2021: $1,512,011Net Income 2021: $453,7032021Revenue 2022: $1,356,221Expenses 2022: $1,305,254Net Income 2022: $50,9672022Revenue 2023: $1,137,733Expenses 2023: $832,408Net Income 2023: $305,3252023Revenue 2024: $3,455,115Expenses 2024: $3,421,705Net Income 2024: $33,4102024

Highlighted filing

2024

Revenue$3,455,115
Expenses$3,421,705
Net Income$33,410
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$10,662,335
Liabilities
$60,795
Net assets
$10,601,540
Revenue
$3,455,115
Expenses
$3,421,705
Net income
$33,410
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.7$0.06$10.6$3.46$3.42$0.03
2023Detailed filing. Detailed filing data is available for this year.$12.3$0.03$12.3$1.14$0.83$0.31
2022Detailed filing. Detailed filing data is available for this year.$10.7$0.07$10.7$1.36$1.31$0.05
2021Detailed filing. Detailed filing data is available for this year.$11.5$0.09$11.5$1.97$1.51$0.45
2020Detailed filing. Detailed filing data is available for this year.$10.0$0.04$9.97$1.24$1.89$0.65
2019Detailed filing. Detailed filing data is available for this year.$9.94$0.08$9.85$1.11$1.37$0.26
2018Detailed filing. Detailed filing data is available for this year.$9.23$0.05$9.18$0.86$3.48$2.63
2017Detailed filing. Detailed filing data is available for this year.$12.6$0.11$12.4$1.94$1.90$0.03
2016Detailed filing. Detailed filing data is available for this year.$12.2$0.13$12.1$3.07$4.43$1.36
2015Detailed filing. Detailed filing data is available for this year.$12.2$0.06$12.1$4.53$2.26$2.27
2014Detailed filing. Detailed filing data is available for this year.$13.4$0.12$13.3$3.15$2.97$0.18
2013Detailed filing. Detailed filing data is available for this year.$14.0$0.10$13.9$2.80$2.62$0.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.6$0.72$12.9$8.87
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.1$0.05$16.1$2.38
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.5$0.02$16.5$2.62
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 7, 2025
Return Version
2024v5.2
Gross Receipts
$3,550,635
Mission and Program Overview

Mission

The promotion of philanthrophy and goodwill for adventist hinsdale hospital.

Fund-raising for tax-exempt hospital organization

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,499,976$8,400,452▲ $6,900,476
Pledges and Grants Receivable$988,580$674,139▼ $314,441
Cash and Non-Interest-Bearing Accounts$285,572$382,104▲ $96,532
Investments in Publicly Traded Securities$8,450,664$4,862▼ $8,445,802
Accounts Receivable$3,796$3,968▲ $172
Total Assets$12,303,851$10,662,335▼ $1,641,516
Other Assets Total$1,075,263$1,196,810▲ $121,547
Liabilities
Other Liabilities$28,105$60,795▲ $32,690
Total Liabilities$28,105$60,795▲ $32,690
Net Assets / Fund Balance
Net Assets With Donor Restrictions$10,495,363$9,063,160▼ $1,432,203
Net Assets Without Donor Restrictions$1,780,383$1,538,380▼ $242,003
Total Net Assets Fund Balance$12,275,746$10,601,540▼ $1,674,206
Total Liabilities and Net Assets / Fund Balance$12,303,851$10,662,335▼ $1,641,516

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$41,398--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$2,599,355-▲ $114,694$114,694$2,599,355
2023$2,599,355-▲ $103,974$103,974$2,599,355
2022$2,599,355-▲ $103,974$103,974$2,599,355
2021$2,599,355-▲ $103,974$103,974$2,599,355
2020$2,599,355-▲ $103,974$103,974$2,599,355
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Moreno MeghanDirector/VP - FoundationPT$130,478$64,237$194,715
Morgan DianeDirector - FoundationPT$68,637$20,024$88,661

Board Members and Trustees

NameTitle
Fiascone KarenDirector/chairman
Mcguire MattDirector/vice Chairman
Akers JulieDirector
Barrett RichardDirector
Dalal Md JayDirector
Eck RichardDirector
Karvelas KatherineDirector
Nickels TimDirector
Robinson ShanaDirector
Salvino ColleenDirector
Schwitz DianeDirector
Sharples KayDirector
Waelter AnthonyDirector
Walker Md ReginaDirector
Wills CindyDirector
Van Houtte EmilyDirector (beg 01/2024)
Amin Md BeejalDirector (beg 07/2024)
Berger KrisDirector (beg 07/2024)
Merz DanielDirector (beg 07/2024)
Regnery KerstinDirector (beg 07/2024)
Moore RichardDirector (end 01/2024)
Lee MichaelDirector (end 04/2024)
Ciccarone RichardDirector (end 07/2024)
Chapello CraigDirector/treas./sec.
Revenue and Support

Revenue Composition

Contributions and Grants
$3,229,249
Program Service Revenue
$0
Investment Income
$301,105
Other Revenue
$-75,239
All Other Contributions
$3,121,580
Change in Net Assets
$33,410

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,179,702
Revenue Not Reported on Financial Statements
$275,413
Revenue Not Reported on Form 990
$95,520
Other Revenue Adjustments
$275,413
Total Revenue per Audited Statements
$3,275,222
Total Revenue per Form 990
$3,455,115
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,411,030
Other Expenses$10,675
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$3,408,836--$3,408,836
Other Expenses-$5,385-$5,385
Office Expenses-$3,324-$3,324
Grants to Domestic Individuals$2,194--$2,194
All Other Expenses-$1,966-$1,966
Total Functional Expenses$3,411,030$10,675$0$3,421,705

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,517,225
Expenses per Audited Statements$3,421,705
Total Expenses per Form 990$3,421,705
Expenses Not Reported on Form 990$95,520
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Adventist Midwest HealthHinsdale, IL501(c)(3)General Support$3,369,827
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$95,520
Fundraising Gross Income$20,281
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Assembly Ball$127,950$20,281$45,613$-25,332
Total Events$127,950$20,281$95,520$-75,239
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liabilities$48,085
Obligation Charitable Gift Annuity$12,710
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
Yes
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Hinsdale hospital foundation (the filing organization) has one member. The sole member of the filing organization is midwest health foundation. Midwest health foundation (mhf) is an illinois, not-for-profit corporation that is exempt from federal income tax under internal revenue code (irc) section 501(c)(3). There are no other classes of membership in the filing organization.”

Form 990, Part VI, Section A, Line 7A

“The sole member of the filing organization is mhf. The board of directors of the filing organization are appointed by the sole member, mhf, who has the right to elect, appoint or remove any member of the board of directors of the filing organization.”

Form 990, Part VI, Section A, Line 7B

“Mhf, as the sole member of the filing organization, has the reserved power to approve any amendment, restatement, or repealing of the articles of incorporation or bylaws of the filing organization. The purposes clause of the articles of incorporation or the clause concerning altering or amending the articles of incorporation may not be made without the approval of the board of directors or executive committee of adventist midwest health.”

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

“The filing organization's current year form 990 was reviewed by the vice president and director of the filing organization prior to its filing with the irs. The review conducted by the vice president and director did not include the review of any supporting workpapers that were used in preparation of the current year form 990, but did include a review of the entire form 990 and all supporting schedules.”

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

“The board/officer conflict-of-interest policy of the filing organization applies to members of its board of directors and its principal officers (to be known as interested persons). In connection with any actual or possible conflicts of interest, any member of the board of directors of the filing organization or any principal officer of the filing organization (i.e. Interested persons) must disclose the existence of any financial interest with the filing organization and must be given the opportunity to disclose all material facts concerning the financial interest/arrangement to the board of directors of the filing organization or to any members of a committee with board delegated powers that is considering the proposed transaction or arrangement. Subsequent to any disclosure of any financial interest/arrangement and all material facts, and after any discussion with the relevant board member or principal officer, the remaining members of the board of directors or committee with board delegated powers shall discuss, analyze, and vote upon the potential financial interest/arrangement to determine if a conflict of interest exists. According to the filing organization's conflict of interest policy, an interested person may make a presentation to the board of directors (or committee with board delegated powers), but after such presentation, shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement that results in a conflict of interest. Each interested person, as defined under the filing organization's conflict of interest policy, shall annually sign a statement which affirms that such person has received a copy of the conflict of interest policy, has read and understands the policy, has agreed to comply with the policy, and understands that the filing organization is a charitable organization that must primarily engage in activities which accomplish one or more of its exempt purposes. The filing organization's conflict of interest policy also requires that periodic reviews shall be conducted to ensure that the filing organization operates in a manner consistent with its charitable purposes.”

Form 990, Part VI, Section C, Line 19

“The filing organization does not generally makes its governing documents, conflict of interest policy or financial statements available to the public.”

FORM 990, PART VIII - STATEMENT OF REVENUE:

“In the year ended december 31, 2024, restricted funds of the filing organization were released from those restrictions in the amount of $3,192,091. These released funds were utilized for the following purposes: grants to the supported hospital organization $3,060,056 hardship grants to individual employees of the supported hospital organization $2,194 special event and other expenditures $129,824 total current year amounts released from restricted $3,192,091 in the year ended december 31, 2024, unrestricted funds of the filing organization in the amount of $324,669 were utilized for the following purposes: grants to the supported hospital organizations $309,771 other expenditures $14,898 total current year expenditures from unrestricted funds $324,669”

Filing and Contact Details

Filer

Filer Name
Hinsdale Hospital Foundation
EIN
52-1466387
Phone
6308562000
Address
120 NORTH OAK STREET, HINSDALE, IL 60521

Signing Officer

Name
Diane Morgan
Title
Executive Director
Phone
6308562000
Signed
2025-11-07

Organization Details

Principal Officer
Karen Fiascone
Formed
1985
Legal Domicile
Il
Voting Board Members
22
Independent Board Members
21
Employees
0
Volunteers
163
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Temporarily restricted contributions 608,558. Temporarily restricted investment income 902,862. Transfer of net assets from restricted fund balance -3,192,091. Change in value of beneficial interest in perpetual trust 67,163.”

FORM 990, PAGE 1, LINE J - WEBSITE:

“Www.uchicagomedicineadventhealth.org/foundations/hinsdale-hospital-found ation”

Financial Statement Notes

PART V, LINE 4:

“Hinsdale hospital foundation (hhf) serves as the fund-raising organization of adventist midwest health d/b/a uchicago medicine adventhealth hinsdale (the hospital), a tax-exempt hospital organization that is also exempt under irc section 501(c)(3). Hhf's endowment consists of three individual funds established to support the hospital's opler cancer center and cancer center nurse navigation program.”

PART X, LINE 2:

“The audited financial statments of the filing organization contain the following fin 48 (asc no. 740) statement: midwest and hinsdale have been determined to be exempt from income tax under section 501(c)(3) of the internal revenue code, and accordingly, no provision has been made for either federal or state income taxes. Midwest and hinsdale have evaluated the tax positions taken for all open tax years. Currently, the returns for the prior three fiscal years are open and subject to examination by the internal revenue service; however, midwest and hinsdale are not currently under audit nor has midwest or hinsdale been contacted by this jurisdiction.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Special event expenses 95,520.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Unrealized loss 147,463. Special event revenue reclassed from restricted 127,950.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Special event expense reclassed to revenue 95,520.”

Raw XML AppendixShowing 400 of 698 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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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt240
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2532668
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2572327
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR/VP - FOUNDATION
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IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR/TREAS./SEC.
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR (BEG 07/2024)
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR (END 07/2024)
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR (END 04/2024)
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR (BEG 07/2024)
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR (END 01/2024)
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR (BEG 07/2024)
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR (BEG 01/2024)
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
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