ILLINOIS HOSPITAL RESEARCH AND EDUCATIONAL FOUNDATION

NAPERVILLE, IL, 60563-4899 (630) 276-5400 Est. 1974 EIN 23-7421930
E22P - Health Care 990 - Public charity return 501(c)(3)
www.team-iha.org

Mission

TO PROMOTE THE CONTINUING EDUCATION OF HOSPITAL AND OTHER HEALTHCARE PERSONNEL AND TO PROVIDE GRANTS TO HOSPITALS WHICH WILL ASSIST IN THE IMPROVEMENT OF HEALTHCARE.

Giving Portfolio

Total Grants
41
Total Giving
$18.6M
Recipients
40
Years Active
2018
Avg grant: $454,464 Median: $228,589

Sectors Funded

Health Care
26

Top States

Illinois
38
Iowa
1
New York
1
Texas
1

Grantee Size Profile

Over $50M
15
$10M - $50M
6
Under $100K
2
$500K - $1M
1
$1M - $5M
1

Top Grantees

Page 1 of 3
Tenet Healthcare Corporation
TX
$2.0M
Community First Medical Center
IL
$1.1M
Chicago Lakeshore Hospital
IL
$614K

Grants Awarded · 28 grants

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Financials

Total Revenue
$44,613
Total Expenses
$8,381
Net Assets
$886,364
3 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Year-over-Year Change
Revenue ↓ 4.3%
Expenses ↓ 20.9%
Revenue Sources
Earned revenue 6.6% Investment 93.4%

Officers & Trustees (5)

Individual compensation is available on Grow plans.

Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$44,613 ↓$8,381$886,364
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$46,611 ↑$10,599$850,132
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$26,103 ↓$29,429$814,120
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$28,389 ↓$40,161$836,803
2019 990 - Public charity return
Jan 1, 2019 to Dec 31, 2019
$46,252 ↓$38,949$850,466
2018 990 - Public charity return
Jan 1, 2018 to Dec 31, 2018
$18,682,647 $18,673,389$843,163

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EIN: 23-7421930 · Source: IRS Form 990 e-file data