Ucm Nfp Community Ventures

Nonprofit profile at a glance

EIN
363239703
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Harvey, IL, USA
Phone
7083332300
Rating
68
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Ambulatory Health Center, Community Clinic

Reported finances

Revenue
$193,763
Expenses
$629,364
Assets
$13,361,917
Liabilities
$159,312,993

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

Leadership & pay

6 people listed

Executive titles in this filing

  • MICHAEL ANTONIADES (BOARD MEMBER/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 MEMBER/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

Ucm nfp community ventures mission is to promote and support the interest and purposes of ingalls memorial hospital and other organizations that promote the health of the community and provide healthcare services.

What it reported doing in 2024

Ucm nfp community ventures supports the ucm nfp community ventures home infusion program. The medical staff of ingalls memorial hospital provides personal services for patient home infusion needs.

Operating model

Revenue model
Other-operating. 100% 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. A relatively small share of voting board members are independent and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 70
  • Accountability: 32
  • Sustainability: 29
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 99.4%; rating input score 99
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th 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: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 7th 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: -224.8%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 21.23; rating input score 95; 95th percentile among comparable filings
  • Liabilities to assets ratio: 11.92; rating input score 0; 0th percentile among comparable filings
  • Officer compensation ratio: 127.9%; rating input score 1; 1st percentile among comparable filings

Growth

  • Program expense growth: 21.8% per year; rating input score 100; 86th percentile among comparable filings
  • Revenue growth: 8.3% per year; rating input score 100; 67th percentile among comparable filings
  • Asset growth: -0.5% per year; rating input score 0; 23rd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 99.4% of spending went to programs
  • Governance: 0 of 3 board members independent · 7 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $626K in reported program spending
  • Leadership: top reported pay $2M · 6 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $1.1M reported
  • Consistency: 19 of 19 current checks pass
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 15 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 55 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 — Accountability: Independent voting board scored 0/100.
  • High — Sustainability: Operating margin scored 1/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 1/100.