RMLHP Corporation

Nonprofit profile at a glance

EIN
364160869
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Hinsdale, IL, USA
Phone
6302864000
Rating
41
Verdict
MIXED
Rating confidence
Moderate
Sector
Hospitals and Related Primary Medical Care Facilities

Official website

Reported finances

Revenue
$21,479
Expenses
$0
Assets
$612,462
Liabilities
$0

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

Leadership & pay

6 people listed

Executive titles in this filing

  • James Prister (President/CEO)

Highest reported compensation

  • James Prister (President/CEO): $767,659 total reported compensation
  • Thomas Pater (VP Finance/CFO): $431,986 total reported compensation

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

Overview

Mission

RMLHP Corporation's ("RMLHP") principal activity is to serve as the general partner and to manage the activities of RML Health Providers Limited Partnership d/b/a RML Specialty Hospital ("RML"), a related IRC 501(c)(3) organization. (Continued on Schedule O)

What it reported doing in 2024

Rmlhp corporation ("rmlhp") manages the activities of rml health providers, limited partnership d/b/a rml specialty hospital ("rml"), a related irc 501(c)(3) organization. Rml operates two long-term care hospitals providing certain specialty services such as acute ventilator, rehabilitation and wound care. All patient admissions are referred from other area hospitals for specialty care. In the most recent fiscal year (fy25), rml delivered on its mission to provide quality, compassionate care to patients from our referring community who suffer from prolonged, severe illness. Our care programs included the care and weaning of patients who require prolonged mechanical ventilation, the care and treatment of patients with complex wounds, and the care and treatment of patients that required prolonged acute care hospitalization. (continued on schedule o)

Operating model

Revenue model
Other-operating. 100% of the money available for current operations came from other operating revenue.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 64
  • Accountability: 82
  • Sustainability: 8
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 5 of 9 controls in place; rating input score 56
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: 11.1% per year; rating input score 100; 77th percentile among comparable filings
  • Revenue growth: 2% per year; rating input score 100; 68th percentile among comparable filings
  • Asset growth: 7.3% per year; rating input score 100; 74th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed
  • Governance: 4 of 4 board members independent · 5 of 9 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $768K · 6 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 12 of 12 current checks pass
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 1 filed related-organization link
  • 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Governance controls: 3 of 8 not reported.