Ucm Network Development Foundation
Nonprofit profile at a glance
- EIN
- 363189150
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Harvey, IL, USA
- Phone
- 7083332300
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Single Organization Support
Reported finances
- Revenue
- $2,789,297
- Expenses
- $4,109,566
- Assets
- $73,153,970
- Liabilities
- $783,053
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- MICHAEL ANTONIADES (BOARD CHAIR/PRESIDENT, INGALLS)
- EMILY CHASE (FORMER INTERIM PRESIDENT (7/10/22 THRU 3/7/23))
Highest reported compensation
- IVAN SAMSTEIN (CHIEF FINANCIAL OFFICER (THRU 12/31/24)): $2,048,478 total reported compensation
- MICHAEL ANTONIADES (BOARD CHAIR/PRESIDENT, INGALLS): $1,396,250 total reported compensation
- EMILY CHASE (FORMER INTERIM PRESIDENT (7/10/22 THRU 3/7/23)): $1,094,520 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote and support, directly or indirectly, by donation, loan or otherwise, the interests and purposes of ingalls memorial hospital and the university of chicago medical center.
What it reported doing in 2024
Ucm network development foundation generally holds three fundraising events each year. During fy2025, the largest fundraiser was the golf outing, followed by the promise of hope fashion show, and the heart & soul impact event. In addition to the fundraising events, the organization develops and maintains community and public relationships to support the financial needs of ingalls memorial hospital and the university of chicago medical center. These relationships are targeted to generate funds for new programs and to provide services to members of the community without resources to pay for required healthcare services.
Operating model
- Revenue model
- Donor-supported. 65% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 88% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 92
- Transparency & Controls: 79
- Accountability: 74
- Sustainability: 40
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 89.5%; rating input score 90
- Fundraising efficiency: $16.91 raised per $1 spent on fundraising; rating input score 54; 54th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- 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: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 71.4%; rating input score 71; 12th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- 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: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -47.3%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 17.8; rating input score 95; 95th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 85; 85th percentile among comparable filings
- Officer compensation ratio: 20%; rating input score 12; 12th percentile among comparable filings
Growth
- Program expense growth: 9.2% per year; rating input score 100; 61st percentile among comparable filings
- Revenue growth: -0.4% per year; rating input score 0; 10th percentile among comparable filings
- Asset growth: 8.4% per year; rating input score 100; 52nd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 89.5% of spending went to programs
- Governance: 10 of 14 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $3.7M in reported program spending
- Leadership: top reported pay $2M · 18 people listed · 1 of 6 pay-setting controls reported
- Consistency: 26 of 26 current checks pass
- Schedules: 9 filed schedules · includes major donors, grants, and executive pay
- Filing history: 15 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 56 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 2/100.
- Review — Financial Efficiency: Fundraising efficiency scored 54/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Sustainability: Officer compensation ratio scored 12/100.