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Ingalls Development Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 363189150 ✦ Harvey, IL ✦ Designated as a 501(c)(3)

Overview

What is Ingalls Development Foundation?

Ingalls Development Foundation, located in Harvey, Illinois, is a nonprofit organization that actively supports the financial needs of Ingalls Memorial Hospital and the University of Chicago Medical Center. They accomplish this by organizing and managing three annual fundraising events: the Benefit Show, Golf Outing, and Fashion Show. Beyond fundraising, the foundation builds and maintains community and public relationships to fund new programs and provide essential healthcare services to those in the community who cannot afford them. In essence, Ingalls Development Foundation serves as a vital bridge, connecting these two prominent healthcare institutions to the community, fostering support and growth.


Official website here: www.ingallsfoundation.org

Is Ingalls Development Foundation legitimate?

Ingalls Development Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ingalls Development Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $37,500
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ingallsfoundation.org

What is the mission statement of Ingalls Development Foundation?

The Ingalls Development Foundation (IDF) is committed to promoting and supporting the interests and purposes of Ingalls Memorial Hospital and the University of Chicago Medical Center. They achieve this goal through various means, including donations, loans, or other forms of assistance. One of their primary activities is organizing annual fundraising events, such as the benefit show, golf outing, and fashion show, to raise funds for new programs and provide essential healthcare services to those in need. Apart from these events, IDF also cultivates and maintains community and public relationships to support the financial needs of the hospitals, thereby generating funds and resources for the betterment of the community.


Official website here: www.ingallsfoundation.org

What is the revenue of Ingalls Development Foundation?

Ingalls Development Foundation's revenue in 2022 was $5,142,605.


Official website here: www.ingallsfoundation.org

Who are the executives of Ingalls Development Foundation and what are their salaries?

Here are 20 key members and their salaries:

    Richard W Silveria (Former Chief Financial Officer (Thru 4/22/21))
  • Compensation: $0
  • Related: $1,906,873
  • Other: $21,121

    • Ivan Samstein (Chief Financial Officer)
  • Compensation: $0
  • Related: $854,927
  • Other: $125,085

    • James Wallace Md (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $782,040
  • Other: $0

    • Brenda Battle (Board Member & Ucmc Svp) [Trustee/Director]
  • Compensation: $0
  • Related: $652,281
  • Other: $90,731

    • Gary Gasbarra (Interim Cfo Til 6/30/17)
  • Compensation: $0
  • Related: $610,418
  • Other: $78,815

    • Randy Neiswonger (Board Member/President) [Trustee/Director]
  • Compensation: $0
  • Related: $544,558
  • Other: $71,534

    • Brian Sinotte (Former Board Member/President (Thru 5/31/21))
  • Compensation: $0
  • Related: $423,750
  • Other: $7,627

    • Deborah Burnet Md (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $339,169
  • Other: $38,196

    • Brad Gnade (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Samuel J Cutrara Jr (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Antonia Mcbride (Board Member (Eff. 2/21/21)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David A Berg (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gale Kozloff (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lenita Johnson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lois Glasgow (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Louis J Rose (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mallory Sutton (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marva Bunch (Board Member (Eff. 2/25/21)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patrick M Fagen (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vivek Chaturvedi (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ingallsfoundation.org

    Where can I find the form 990 for Ingalls Development Foundation?

    The Ingalls Development Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.ingallsfoundation.org

    Learn more at the official website: www.ingallsfoundation.org

    Mission Statement of Ingalls Development Foundation

    The Ingalls Development Foundation, in its mission, aims to directly or indirectly support and promote the interests and purposes of Ingalls Memorial Hospital and the University of Chicago Medical Center. This support is primarily achieved through donations, loans, or other means. The foundation's primary role is to provide leadership for the operation of annual fundraising events, which are essential in generating funds for new programs and ensuring the provision of healthcare services to members of the community who may not have the resources to pay for them.

    Three significant fundraising events are organized by the Ingalls Development Foundation each year. The Benefit Show is the largest event, followed by the Golf Outing and the Fashion Show. These events not only serve as a source of revenue but also help in fostering community and public relationships. The foundation targets these relationships to secure funds for new programs and to provide vital healthcare services to those in need.

    In essence, the Ingalls Development Foundation's mission is geared towards enhancing the capacity of Ingalls Memorial Hospital and the University of Chicago Medical Center to meet the health needs of their community. By organizing fundraising events and fostering community relationships, the foundation plays a crucial role in ensuring that these institutions can continue providing essential healthcare services to all, regardless of their financial means.

    Impact

    This information is meant to be a general summary of Ingalls Development Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Ingalls Development Foundation plays a crucial role in supporting the financial needs of Ingalls Memorial Hospital and the University of Chicago Medical Center. Through fundraising events like the Benefit Show, Golf Outing, and Fashion Show, the foundation generates funds for new programs and services for individuals in the community who may not have the resources to pay for required healthcare services. By developing and maintaining community and public relationships, the foundation ensures that essential healthcare needs are met and promotes the interests of the hospital and medical center.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,466,211
  • Program Service Revenue: $0
  • Gross Receipts: $5,605,943

    • Assets and Liabilities:
  • Total Assets: $68,035,684
  • Total Liabilities: $1,127,995
  • Net Assets: $66,907,689
  • Organization Details

    Founding Year

    1981

    Main Address

    One Ingalls Drive, Harvey, IL, 60426

    NTEE Category

    Code: E110 - Health

    If you are a representative of Ingalls Development Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.