Michael Reese Health Trust

Nonprofit profile at a glance

EIN
362170910
IRS 990 coverage
2022–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-PF 2021, Form 990-T 2024
Location
Chicago, IL, USA
Phone
312.726.1008
Rating
92
Verdict
STRONG
Rating confidence
Standard
Sector
Health - General and Rehabilitative N.E.C.
Affiliation
Judaism

Official website

Reported finances

Revenue
$21,519,197
Expenses
$14,015,986
Assets
$162,874,541
Liabilities
$4,129,869

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

27 people listed

Executive titles in this filing

  • AMEYA PAWAR (PRESIDENT AND CEO)
  • GAYLA A BROCKMAN (PRESIDENT AND CEO - PART YEAR)
  • EMILY KRISCIUNAS (EXECUTIVE DIRECTOR)

Highest reported compensation

  • GAYLA A BROCKMAN (PRESIDENT AND CEO - PART YEAR): $385,261 total reported compensation
  • CATHERINE GOESE (CHIEF FINANCIAL OFFICER/CIO): $287,914 total reported compensation
  • BLAIR HARVEY-GINTOFT (CHIEF PROGRAM OFFICER): $250,743 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

All Chicagoans deserve to live healthy lives.

What it reported doing in 2024

ADVOCACY Michael Reese pushes for lasting change by influencing policymakers to improve the health of all Chicagoans. Michael Reese partners with grassroots organizations and coalitions to protect and expand health care access and to address the underlying causes of health inequities. Michael Reese knows system changes are the only way to fully address Chicago's health challenges.

Operating model

Revenue model
Donor-supported. 72% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 80% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 92
  • Accountability: 100
  • Sustainability: 81
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 88.4%; rating input score 88
  • Fundraising efficiency: $10.9 raised per $1 spent on fundraising; rating input score 41; 41st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 99.8%; rating input score 100; 38th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th 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: 34.9%; rating input score 90; 90th percentile among comparable filings
  • Total-asset coverage ratio: 11.62; rating input score 92; 92nd percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 88; 88th percentile among comparable filings
  • Officer compensation ratio: 13%; rating input score 12; 12th percentile among comparable filings

Growth

  • Program expense growth: 16% per year; rating input score 100; 85th percentile among comparable filings
  • Revenue growth: 75.3% per year; rating input score 100; 99th percentile among comparable filings
  • Asset growth: 1.1% per year; rating input score 100; 14th percentile among comparable filings

Details

  • What they do: 6 programs and campaigns described on the official site · 3 operating locations identified
  • Where the money goes: 100% of revenue deployed · 88.4% of spending went to programs
  • Governance: 17 of 17 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $12.4M in reported program spending
  • Leadership: top reported pay $385K · 27 people listed · 4 of 6 pay-setting controls reported
  • Consistency: 37 of 37 current checks pass
  • Schedules: 9 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 240 filed money-flow records
  • Related organizations: 101 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.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 41/100.
  • High — Sustainability: Officer compensation ratio scored 12/100.