Humboldt Park Health
Nonprofit profile at a glance
- EIN
- 361564290
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Chicago, IL, United States
- Phone
- 773-292-8200
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Hospital, General
Reported finances
- Revenue
- $166,088,712
- Expenses
- $168,608,876
- Assets
- $155,805,840
- Liabilities
- $100,032,373
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
21 people listed
Executive titles in this filing
- IBRAHIM MAJZOUB (PRESIDENT OF MEDICAL STAFF)
- JOSE R SANCHEZ (PRESIDENT & CEO)
Highest reported compensation
- JOSE R SANCHEZ (PRESIDENT & CEO): $1,362,922 total reported compensation
- TAM THAI (PHYSICIAN, ER): $695,184 total reported compensation
- SALMAN MAMDANI (MEDICAL DIRECTOR, ER): $624,717 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Humboldt Park Health is committed to advancing health equity and providing high quality and compassionate health care services by partnering with patients and their families, our employees, medical staff and the communities we serve. Our Vision. Our Vision Humboldt Park Health is the healthcare provider of choice for our communities and caregivers. We strive to be best in class for clinical care, service excellence and employee engagement by following our guiding principle, “Equity Begins at Home.” From its start in 1894, Humboldt Park Health has been deeply committed to serving the Humboldt Park community. Humboldt Park Health is a 200-bed, acute care facility. We provide healthcare treatment that’s patient-centered and focused on quality of care, ranging from everyday care to treatment for your most critical needs.
What it reported doing in 2024
Humboldt park health (hospital) is a premier health care provider where the patient comes first. As an organization of caregivers, humboldt the patient comes first. As an organization of caregivers, humboldt park health inspires to consistently high standards of quality, family-centered health care services and cost effectiveness. Humboldt park health seeks to promote wellness within the family and to be dynamic partners in health with the communities it serves. For the fiscal year ended september 30, 2025, humboldt park health estimates it provided $9,870,000 in charity care cost for healthcare services and supplies provided to members of the communities served under its charity care policy. These members did not have the ability to pay for services received. Humboldt park health also provided care to patients who are beneficiaries of medicare, medicaid, blue cross and managed care reimbursement programs. Reimbursement amounts for these programs are less than charges and in some cases less than cost. For fiscal year 2025, humboldt park health served 5,451 patients admitted who received 33,794 days of healthcare services.
Operating model
- Revenue model
- Other-operating. 93% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 65
- Transparency & Controls: 80
- Accountability: 100
- Sustainability: 27
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 72.8%; rating input score 73
- Program expense ratio: 71.6%; rating input score 72
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -1.5%; rating input score 20; 20th percentile among comparable filings
- Total-asset coverage ratio: 0.92; rating input score 37; 37th percentile among comparable filings
- Liabilities to assets ratio: 0.64; rating input score 25; 25th percentile among comparable filings
- Officer compensation ratio: 3.5%; rating input score 31; 31st percentile among comparable filings
Growth
- Program expense growth: 3.7% per year; rating input score 100; 28th percentile among comparable filings
- Revenue growth: 2.7% per year; rating input score 100; 19th percentile among comparable filings
- Asset growth: 3.4% per year; rating input score 100; 23rd percentile among comparable filings
Details
- What they do: 1 operating location identified
- Where the money goes: 72.8% of revenue deployed · 71.6% of spending went to programs
- Governance: 10 of 10 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $120.6M in reported program spending
- Leadership: top reported pay $1.4M · 21 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $16M reported
- Consistency: 33 of 33 current checks pass
- Schedules: 9 filed schedules · includes major donors, executive pay, and related organizations
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 10 filed money-flow records
- Related organizations: 2 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Operating margin scored 20/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
- High — Sustainability: Liabilities to assets ratio scored 25/100.
- Moderate — Sustainability: Officer compensation ratio scored 31/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.