2025-05-15T09:37:48+00:00 2024-06-30 135565207 KPMG LLP 200 EAST RANDOLPH STREET SUITE 5500 CHICAGO IL 606016436 990 2023-07-01 363189150 INGALLS DEVELOPMENT FOUNDATION INGA 7083332300 One Ingalls Drive Harvey IL 60426 MICHAEL ANTONIADES PRESIDENT 7737021000 2025-05-15 true ZELJKO POPOVIC P01795951 3126651000 2025-05-15 2023 2025-03-06 01:10:19Z MICHAEL ANTONIADES One Ingalls Drive Harvey IL 60426 4042660 false X UCHICAGOMEDICINE.ORG X 1981 IL INGALLS DEVELOPMENT FOUNDATION (IDF) SUPPORTS INGALLS MEMORIAL HOSPITAL BY PROVIDING LEADERSHIP FOR THE OPERATION OF FUNDRAISING EVENTS EACH YEAR. 16 11 0 62 0 0 1336893 1514556 0 0 978984 2227728 -97346 -442994 2218531 3299290 1598052 1192199 0 0 0 0 0 2 2598594 2387385 4196646 3579584 -1978115 -280294 66980322 69768406 516041 666874 66464281 69101532 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. false false 3254009 1192199 0 INGALLS DEVELOPMENT FOUNDATION (IDF) GENERALLY HOLDS THREE FUNDRAISING EVENTS EACH YEAR. THE BENEFIT SHOW IS THE LARGEST FUNDRAISER FOLLOWED BY THE GOLF OUTING AND THE FASHION SHOW. 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. 3254009 true true false false false false false false true false true false false true true false true false false false false false false true false false true true true false false false false false false false false false false false false false true false false false true 17 0 true 0 false false false false false true true false false false false false false X 16 11 false true false false true true true true true false false true true true true true true false false false IL IN X PHILLIP KAUFMAN 7083332300 150 HARVESTER DRIVE SUITE 300 BURR RIDGE IL 60527 BRAD GNADE SECRETARY/TREASURER 1.0 0 X X 0 0 0 MICHAEL ANTONIADES PRESIDENT, INGALLS 1.0 44.0 X X 0 1268833 0 SAMUEL J CUTRARA JR CHAIRMAN 1.0 1.0 X X 0 0 0 ANTONIA MCBRIDE BOARD MEMBER 1.0 0 X 0 0 0 BRENDA BATTLE BOARD MEMBER & UCMC SVP 1.0 40.0 X 0 746400 108482 DAVID A BERG BOARD MEMBER 1.0 0 X 0 0 0 DEBORAH BURNET MD BOARD MEMBER 1.0 40.0 X 0 363153 47717 GALE KOZLOFF BOARD MEMBER (THRU 6/30/22) 1.0 0 X 0 0 0 JAMES WALLACE MD BOARD MEMBER 1.0 40.0 X 0 779765 18500 JOHN CONWAY BOARD MEMBER 1.0 0 X 0 0 0 KRISTIN BEAL BOARD MEMBER (EFF. 7/1/23) 1.0 0 X 0 0 0 LENITA JOHNSON BOARD MEMBER 1.0 0 X 0 0 0 LOIS GLASGOW BOARD MEMBER 1.0 0 X 0 0 0 LOUIS J ROSE BOARD MEMBER 1.0 0 X 0 0 0 MARK KOZLOFF MD BOARD MEMBER (EFF. 7/1/22) 1.0 42.0 X 0 540056 53556 MARVA BUNCH BOARD MEMBER 1.0 0 X 0 0 0 PATRICK M FAGEN BOARD MEMBER 1.0 0 X 0 0 0 IVAN SAMSTEIN CHIEF FINANCIAL OFFICER 1.0 59.0 X 0 1704200 233504 EMILY CHASE INTERIM PRESIDENT (7/10/22 THRU 3/7/23) 0.0 40.0 X 0 1375367 152730 0 6777774 614489 0 true true true AUDIO VISUAL PRODUCTIONS 7550 W 100th Place Bridgeview IL 60455 Audio Visual Services 163383 1 613511 865746 35299 19110 1514556 0 0 0 0 0 421005 421005 0 0 1806723 1806723 0 1806723 1806723 300376 613511 743370 -442994 -442994 0 0 0 0 0 3299290 0 0 1784734 1101899 1101899 90300 90300 1542 1542 307868 307868 241576 227146 14428 2 1218 1218 971 971 69 62 7 CAPITAL PURCHASES 1800000 1800000 340B/PHARMACY 18210 18210 MEALS AND CATERING 1800 1800 Dues and subscriptions 510 510 13621 13621 0 0 3579584 3254009 325573 2 200 200 1121670 1012481 232315 211052 0 0 0 0 0 0 0 0 0 56103112 57359347 9325030 10139749 0 197995 1045577 66980322 69768406 305614 39289 203929 97872 0 0 6498 529713 516041 666874 X 54999750 58939316 11464531 10162216 66464281 69101532 66980322 69768406 X -280294 2102825 814720 X false true X true false X 2900297 2114640 1992303 1336893 1514556 9858689 0 0 2900297 2114640 1992303 1336893 1514556 9858689 1575195 8283494 620843 582432 661184 397334 421005 2682798 0 118456 80450 147429 81794 300376 728505 13269992 54 0.6242 0.6656 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - FUNDRAISING GROSS RECEIPTS, COLUMN A - 118456.0, COLUMN B - 80450.0, COLUMN C - 147429.0, COLUMN D - 81794.0, COLUMN E - 300376.0, COLUMN F - 728505.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11464531 732275 814719 2849777 10161748 12283302 315316 251216 1385303 11464531 13874204 398508 -1641342 348068 12283302 12791253 398210 1629853 945112 13874204 13365318 790059 -217766 1146358 12791253 0.0 0.9978 0.0022 false false TRUST ENDOWMENT SECURITIES TRUST ENDOWMENT SECURITIES TRUST ENDOWMENT SECURITIES 10139749 F 10139749 DUE TO AFFILIATES 529713 ANNUITY PAYABLE 529713 X Schedule D, Part V, Line 4 Intended uses of endowment funds INGALLS DEVELOPMENT FOUNDATION HAS DONOR RESTRICTED ENDOWMENT FUNDS (COLLECTIVELY REFERRED TO AS THE FUNDS), THE PRINCIPAL OF WHICH MAY NOT BE EXPENDED. THE INTEREST AND DIVIDEND INCOME FROM INVESTMENT OF THE FUNDS IS TO BE USED FOR A VARIETY OF PURPOSES CONSISTENT WITH THE INTENT OF THE DONOR BUT INCLUDES ITEMS SUCH AS CANCER RESEARCH, PATIENT CARE AND PATIENT CARE TRANSFORMATION. THE INTEREST AND DIVIDEND INCOME EARNED ON THE FUNDS ARE TRANSFERRED TO TEMPORARILY RESTRICTED NET ASSETS UNTIL APPROPRIATED FOR EXPENDITURE BY THE SYSTEM. INGALLS DEVELOPMENT FOUNDATION ALSO HAS BENEFICIAL INTERESTS IN TRUSTS (COLLECTIVELY REFERRED TO AS THE TRUSTS) THAT ARE PRIVATE FOUNDATIONS. THE FOUNDATION HAS RECORDED THEIR SHARE OF THE PRINCIPAL OF THE TRUSTS AS NET ASSETS WITHOUT DONOR RESTRICTION. DISTRIBUTIONS FROM THE TRUSTS ARE RECORDED WITHIN UNRESTRICTED NET ASSETS IF UNRESTRICTED; OTHERWISE, THEY ARE CLASSIFIED AS NET ASSETS WITH DONOR RESTRICTION UNTIL APPROPRIATED FOR EXPENDITURE. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE SYSTEM APPLIES THE PROVISIONS OF ASC TOPIC 740, INCOME TAXES, WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN A COMPANY'S FINANCIAL STATEMENTS. ASC 740 PRESCRIBES A MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN. UNDER ASC 740, TAX POSITIONS ARE EVALUATED FOR RECOGNITION, DERECOGNITION, AND MEASUREMENT USING CONSISTENT CRITERIA AND PROVIDE MORE INFORMATION ABOUT THE UNCERTAINTY IN INCOME TAX ASSETS AND LIABILITIES. AS OF JUNE 30, 2024 AND 2023, THE FOUNDATION DOES NOT HAVE AN ASSET OR LIABILITY RECORDED FOR UNRECOGNIZED TAX POSITIONS. THE FOUNDATION IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. BENEFITS SHOW 604295 426045 178250 1500 200 76294 252800 255230 GOLF 192722 108416 84306 50400 34738 34672 1 116870 79050 37820 2400 12748 6800 15588 913887 613511 300376 1500 200 52800 123780 259600 305490 743370 -442994 true INGALLS MEMORIAL HOSPITAL ONE INGALLS DRIVE HARVEY IL 60426 362170866 501(C)(3) 1017615 GENERAL PROGRAM SUPPORT 1 0 SCHOLARSHIPS 104 90300 Schedule I, Part III PROCEDURES FOR MONITORING USE OF SCHOLARSHIPS. INGALLS DEVELOPMENT FOUNDATION OFFERS SCHOLARSHIPS TO EMPLOYEES AND CHILDREN OF EMPLOYEES TO PURSUE AND CONTINUE THEIR EDUCATION. THE SCHOLARSHIP PROGRAM IS AN APPLICATION-BASED SYSTEM WHICH IS REVIEWED USING A FOUR POINT SCORING MATRIX IN ORDER TO RANK AND SELECT THE RECIPIENTS. Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. INGALLS DEVELOPMENT FOUNDATION'S BOARD OF DIRECTORS APPROVES THE GRANTS MADE TO OTHER ORGANIZATIONS. INGALLS MEMORIAL HOSPITAL IS A RELATED TAX-EXEMPT ORGANIZATION. ENTITIES RECEIVING GRANT FUNDS FROM INGALLS DEVELOPMENT FOUNDATION MUST PROVIDE A WRITTEN FINAL REPORT AND BUDGET NARRATIVE TO ENSURE THE FUNDS WERE EXPENDED TO ATTAIN GRANT OBJECTIVES. SCHOLARSHIPS ARE PAID DIRECTLY TO THE EDUCATIONAL INSTITUTIONS IN ORDER TO ENSURE THE FUNDS ARE USED FOR THEIR INTENDED PURPOSE. false true false false false false false EMILY CHASE INTERIM PRESIDENT (7/10/22 THRU 3/7/23) 0 548190 0 459963 0 367214 0 109990 0 42740 0 1528097 0 318337 MICHAEL ANTONIADES PRESIDENT, INGALLS 0 1200000 0 0 0 68833 0 0 0 0 0 1268833 0 0 BRENDA BATTLE BOARD MEMBER & UCMC SVP 0 473327 0 182513 0 90560 0 93366 0 15116 0 854882 0 59938 DEBORAH BURNET MD BOARD MEMBER 0 343528 0 19625 0 0 0 26400 0 21317 0 410870 0 0 MARK KOZLOFF MD BOARD MEMBER (EFF. 7/1/22) 0 392613 0 121235 0 26208 0 16500 0 37056 0 593612 0 0 JAMES WALLACE MD BOARD MEMBER 0 660250 0 95262 0 24253 0 16500 0 2000 0 798265 0 0 IVAN SAMSTEIN CHIEF FINANCIAL OFFICER 0 1067829 0 598691 0 37680 0 195751 0 37753 0 1937704 0 0 Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation COMPENSATION OF THE PRESIDENT AND CEO OF IDF IS DETERMINED BY THE EXECUTIVE COMMITTEE OF INGALLS MEMORIAL HOSPITAL. THIS COMMITTEE'S DETERMINATION PROCESS UTILIZES A COMBINATION OF AN INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION STUDIES/SURVEYS, ALONG WITH APPROVAL BY THE COMPENSATION COMMITTEE. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan CERTAIN INDIVIDUALS LISTED IN SCHEDULE J, PART II PARTICIPATE IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN TO WHICH UCMC MAKES ANNUAL CONTRIBUTIONS. THESE CONTRIBUTIONS ARE AT RISK AND DO NOT BECOME VESTED AND PAYABLE UNLESS AND UNTIL THE INDIVIDUAL SATISFIES A SUBSTANTIAL FUTURE SERVICE REQUIREMENT. THE FOLLOWING INDIVIDUALS HAD CONTRIBUTIONS MADE TO THE PLAN IN JANUARY 2024 FOR CALENDAR YEAR 2023: BRENDA A. BATTLE EMILY CHASE IVAN SAMSTEIN THE FOLLOWING INDIVIDUALS BECAME VESTED IN, AND WERE TAXED ON, AMOUNTS PREVIOUSLY CREDITED UNDER THE PLAN TO THE INDIVIDUAL FOR SERVICES PROVIDED TO THE ORGANIZATION IN PRIOR YEARS (INCLUDED IN 2023 W-2S): BRENDA A. BATTLE - $59,938 EMILY CHASE - $318,337 Schedule J, Part II TAXABLE INCOME REPORTED IN COLUMN (B) MAY INCLUDE PAYMENTS FROM THE SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP). IN MOST CASES, THESE PAYMENTS WERE EARNED OVER MANY YEARS OF EMPLOYMENT AND THE AMOUNTS HAD PREVIOUSLY BEEN SUBJECT TO VESTING RULES. SERP PAYMENT AMOUNTS EARNED IN PRIOR YEARS WERE PREVIOUSLY REPORTED ON THE FORM 990 AS DEFERRED COMPENSATION AND ARE REPORTED IN THIS 2023 FORM 990 ON SCHEDULE J, PART II, COLUMN (F). AN INDEPENDENT COMPENSATION COMMITTEE OF THE BOARD ANNUALLY REVIEWS THESE BENEFITS IN COMPARISON TO MARKET DATA AND HAS CONCLUDED THAT THESE BENEFITS AND ALL OTHER FORMS OF COMPENSATION PROVIDED TO THESE INDIVIDUALS ARE REASONABLE. THE INDEPENDENT COMPENSATION COMMITTEE OF THE BOARD CONDUCTS ITS REVIEW AND APPROVAL OF ALL EXECUTIVE COMPENSATION, INCLUDING THESE SERP AMOUNTS, IN A MANNER THAT QUALIFIES FOR THE REBUTTABLE PRESUMPTION OF REASONABLENESS UNDER FEDERAL TAX LAW. THIS IS A RIGOROUS REVIEW PROCESS DESIGNED FOR TAX-EXEMPT ORGANIZATIONS BY THE INTERNAL REVENUE SERVICE, AND IT MEANS THAT THE BOARD COMPENSATION COMMITTEE DOES NOT HAVE ANY CONFLICTS OF INTEREST, AND RELIES ON MARKET DATA COMPILED BY AN INDEPENDENT COMPENSATION CONSULTANT TO SUPPORT ALL EXECUTIVE PAY AS MARKET COMPETITIVE AND REASONABLE. FOR THE INDIVIDUALS LISTED ON SCHEDULE J, PART II THAT ARE IDENTIFIED AS FORMER OFFICERS OR KEY EMPLOYEES, THE COMPENSATION LISTED IS EITHER THE FAIR MARKET VALUE COMPENSATION PAID TO THEM FOR SERVICES THEY PERFORMED AS ACTIVE EMPLOYEES OF UCMC OR A RELATED ORGANIZATION (AND WAS NOT PAID TO THEM DUE TO THEIR FORMERLY HAVING BEEN LISTED AS OFFICERS OR KEY EMPLOYEES): EMILY CHASE Schedule J, Part III UCHHD, THE SOLE CORPORATE MEMBER OF INGALLS DEVELOPMENT FOUNDATION, PAID COMPENSATION IN THE AMOUNT OF $1,268,833 TO THE CONSULTING FIRM ALVAREZ & MARSAL FOR THE SERVICES OF MICHAEL ANTONIADES, INTERIM PRESIDENT. Form 990, Part VI, Line 15a PROCESS FOR DETERMINING COMPENSATION OF TOP MANAGEMENT OFFICIAL THE UNIVERSITY OF CHICAGO MEDICAL CENTER (UCMC) IS RESPONSIBLE FOR DETERMINING AND ADMINISTERING COMPENSATION FOR ALL OFFICERS OF EACH RESPECTIVE ENTITY WITHIN THE UCMC CORPORATE STRUCTURE. ALL COMPENSATION AND BENEFIT APPROVALS ARE MADE (BY THE UCM CHHD COMPENSATION COMMITTEE, AS EXPLAINED BELOW) AS RECOMMENDATIONS TO THE UCMC COMPENSATION COMMITTEE AND ARE SUBJECT TO FURTHER REVIEW AND APPROVAL BY THE UCMC COMPENSATION COMMITTEE. BELOW IS THE PROCESS USED TO ESTABLISH COMPENSATION FOR THE TOP MANAGEMENT OFFICIAL AND SENIOR EXECUTIVES. THE UCM COMMUNITY HEALTH AND HOSPITAL DIVISION, INC. (UCM CHHD) COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES (THE COMMITTEE) IS RESPONSIBLE FOR OVERSIGHT OF THE INGALLS DEVELOPMENT FOUNDATION EXECUTIVE COMPENSATION DECISION-MAKING PROCESS. ITS REVIEW PROCESS IS DESIGNED TO SATISFY THE PROCEDURAL CRITERIA NECESSARY TO QUALIFY FOR THE REBUTTABLE PRESUMPTION OF REASONABLENESS (UNDER INTERMEDIATE SANCTIONS REGULATIONS) WITH RESPECT TO THE TOTAL COMPENSATION AND BENEFITS PROVIDED. THE COMMITTEE IS COMPRISED OF INDEPENDENT MEMBERS OF THE BOARD OF DIRECTORS, ALL OF WHOM ARE "DISINTERESTED" WITHIN THE MEANING OF THE INTERMEDIATE SANCTIONS REGULATIONS. IT REVIEWS AND APPROVES COMPENSATION AND EMPLOYEE BENEFITS PROVIDED TO THE ORGANIZATION'S PRESIDENT AND KEY EXECUTIVES BY FOLLOWING ITS WRITTEN EXECUTIVE COMPENSATION PHILOSOPHY STATEMENT AND WRITTEN COMPENSATION REVIEW PROCESS, WHICH INCLUDES SEEKING COUNSEL FROM OUTSIDE PROFESSIONAL ADVISORS AND RELYING IN ADVANCE ON APPROPRIATE COMPARABILITY DATA (FOR FUNCTIONALLY SIMILAR POSITIONS AT SIMILARLY SITUATED HEALTHCARE ORGANIZATIONS) PROVIDED BY AN INDEPENDENT THIRD-PARTY CONSULTANT. THE COMMITTEE REVIEWS AND APPROVES ALL NEW COMPENSATION RANGES, AS WELL AS CURRENT PACKAGES FOR NEWLY HIRED EXECUTIVES, AS NEEDED, BUT AT LEAST ANNUALLY. IT PREPARES A TIMELY AND THOROUGH WRITTEN RECORD OF ITS DELIBERATIONS AND CONCLUSIONS. Form 990, Part VI, Line 15b PROCESS FOR DETERMINING COMPENSATION OF OFFICERS AND KEY EMPLOYEES AN INDEPENDENT COMPENSATION CONSULTANT REVIEWS THE REASONABLENESS OF PROPOSED TOTAL DIRECT COMPENSATION FOR EACH EXECUTIVE BY PERFORMING A MARKET COMPARISON FOR EACH EXECUTIVE. THE MARKET COMPARISON INVOLVES COLLECTING SURVEY DATA FOR FUNCTIONALLY SIMILAR POSITIONS AT SIMILAR HEALTHCARE ORGANIZATIONS. PERFORMANCE GOALS ARE NORMALLY ESTABLISHED BASED ON THE BUDGET/BUSINESS PLAN APPROVED BY THE BOARD FOR THE FISCAL YEAR. THE OUTSIDE CONSULTANT OPINES WHETHER OR NOT PERFORMANCE GOALS HAVE BEEN REACHED BEFORE A FISCAL YEAR END. PAYMENTS ARE PRESENTED TO THE COMPENSATION COMMITTEE FOR REVIEW AND APPROVAL. THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES PREPARES A TIMELY AND THOROUGH WRITTEN RECORD OF ITS DELIBERATIONS AND CONCLUSIONS. Form 990, Part VI, Line 3 Delegation of management duties DURING FY2024, UCM COMMUNITY HEALTH & HOSPITAL DIVISION, THE SOLE CORPORATE MEMBER OF INGALLS DEVELOPMENT FOUNDATION, ENGAGED MICHAEL ANTONIADES, A CONSULTANT EMPLOYED BY THE CONSULTING FIRM ALVAREZ & MARSAL, TO SERVE AS INTERIM PRESIDENT OF INGALLS DEVELOPMENT FOUNDATION. Form 990, Part VI, Line 6 Classes of members or stockholders PURSUANT TO THE ORGANIZATION'S GOVERNING DOCUMENTS, THE SOLE CORPORATE MEMBER OF THE ORGANIZATION IS UCM COMMUNITY HEALTH & HOSPITAL DIVISION INC. (UCHHD), A RELATED TAX-EXEMPT ORGANIZATION. UCHHD AS THE ORGANIZATION'S SOLE CORPORATE MEMBER HAS THE RIGHT TO PARTICIPATE IN THE ORGANIZATION'S GOVERNANCE. THE UNIVERSITY OF CHICAGO MEDICAL CENTER (UCMC) IS THE SOLE CORPORATE MEMBER OF UCM COMMUNITY HEALTH & HOSPITAL DIVISION, INC. THE SOLE MEMBER OF THE UCMC IS THE UNIVERSITY OF CHICAGO. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body UCM COMMUNITY HEALTH & HOSPITAL DIVISION, INC. DESIGNATES DIRECTORS ANNUALLY AT THE ANNUAL MEETING OR AT SUCH OTHER TIMES AS MAY BE DETERMINED BY UCM COMMUNITY HEALTH & HOSPITAL DIVISION, INC. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders UCM COMMUNITY HEALTH & HOSPITAL DIVISION, INC. SHALL RETAIN THE RIGHT TO REMOVE ANY DIRECTOR, OTHER THAN THE EX OFFICIO DIRECTORS, WITH OR WITHOUT CAUSE, AT ANY TIME. UCM COMMUNITY HEALTH & HOSPITAL DIVISION, INC. MUST APPROVE ANY MODIFICATION OR AMENDMENT TO ANY MISSION STATEMENT, STATEMENT OF GOALS OR VALUES, THE ARTICLES OF INCORPORATION OR THE BYLAWS OF THE CORPORATION; THE SALE, LEASE, EXCHANGE OR DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE CORPORATION; AND THE MERGER, CONSOLIDATION OR DISSOLUTION OF THE CORPORATION. Form 990, Part VI, Line 11b Review of form 990 by governing body The Form 990 is prepared internally by the UCMC tax department using information provided by management and reviewed in detail by an independent accounting firm. At its regularly scheduled meeting, the compensation committee of the UCMC Board of Trustees is provided a draft copy of portions of the Form 990. The final complete version of the Form 990 is then distributed to all voting members of the Board of Trustees prior to its filing. Form 990, Part VI, Line 12c Conflict of interest policy PURSUANT TO THE ORGANIZATION'S CONFLICT OF INTEREST POLICY, ALL OFFICERS, DIRECTORS, BOARD MEMBERS, AND KEY EMPLOYEES MUST AVOID SITUATIONS IN WHICH THEIR PERSONAL INTERESTS MAY CONFLICT, OR APPEAR TO CONFLICT, WITH THE INTEREST OF INGALLS, AND INGALLS REVIEWS ITS OWN RELATIONSHIPS WITH OTHER CARE PROVIDERS, EDUCATIONAL INSTITUTIONS, AND PAYERS TO DETERMINE IF POTENTIAL CONFLICTS EXIST. BOARD MEMBERS AND EMPLOYEES SHALL HAVE THE CONTINUING AFFIRMATIVE DUTY TO REPORT TO THE PRESIDENT AND CHIEF EXECUTIVE OFFICER (CEO) OF INGALLS ANY PERSONAL OWNERSHIP OF INTEREST OR OTHER RELATIONSHIP THAT MIGHT AFFECT THEIR ABILITY TO EXERCISE IMPARTIAL, ETHICAL BUSINESS JUDGMENTS IN THE AREA OF THEIR RESPONSIBILITIES. PER THE ORGANIZATION'S CONFLICT OF INTEREST POLICY, BOARD MEMBERS AND EMPLOYEES AT MANAGEMENT LEVEL WILL BE REQUIRED TO COMPLETE A CERTIFICATION AND DISCLOSURE FORM, ON A SCHEDULE DETERMINED BY THE CORPORATE COMPLIANCE OFFICER. COMPLETION OF THIS FORM IS A REQUIREMENT FOR ALL BOARD MEMBERS AND MANAGERIAL EMPLOYEES, AND MAY BE REQUIRED OF NON-MANAGEMENT EMPLOYEES AS DETERMINED BY THE PRESIDENT AND CEO AND CORPORATE COMPLIANCE OFFICER. EMPLOYEES ALSO HAVE A DUTY TO REPORT CONFLICTS OR POTENTIAL CONFLICTS OF INTEREST OF WHICH THEY MAY BE AWARE OF INVOLVING OTHER EMPLOYEES. EACH SITUATION REPORTED SHALL BE REVIEWED BY THE PRESIDENT AND CEO, AND INGALL'S CORPORATE COMPLIANCE OFFICER, AND A DETERMINATION SHALL BE MADE AS TO WHETHER A CONFLICT OF INTEREST EXISTS OR MAY ARISE FROM SUCH SITUATION. THE DECISION OF THE PRESIDENT AND CEO AND CORPORATE COMPLIANCE OFFICER REGARDING WHETHER A CONFLICT EXISTS SHALL BE FINAL. PERSONS WITH A CONFLICT ARE PROHIBITED FROM PARTICIPATING IN THE GOVERNING BODY'S RESOLUTION OF SUCH CONFLICT. THE ORGANIZATION FURTHER PROMOTES KNOWLEDGE AND UNDERSTANDING OF THE CONFLICT-OF-INTEREST POLICY IN THE EMPLOYEE HANDBOOK. EACH EMPLOYEE IS REQUIRED TO SIGN AN ACKNOWLEDGEMENT OF THE HANDBOOK UPON EMPLOYMENT. Form 990, Part VI, Line 19 Required documents available to the public THE INGALLS DEVELOPMENT FOUNDATION'S BYLAWS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part XI, Line 9 Other changes in net assets or fund balances CHANGE IN FMV OF PRIVATE FOUNDATIONS - 814720; ADVENTIST BOLINGBROOK HOSPITAL 500 REMINGTON BLVD BOLINGBROOK IL 60440 651219504 HOSPITAL IL 501(c)(3) 3 ADVENT MIDWEST HEALTH false ADVENTIST GLENOAKS HOSPITAL 701 WINTHROP AVE GLENDALE HEIGHTS IL 60139 363208390 HOSPITAL IL 501(c)(3) 3 ADVENT MIDWEST HEALTH false ADVENTIST HEALTH PARTNERS INC 5101 S WILLOW SPRINGS RD B1013 LA GRANGE IL 60525 364138353 PHYSICIAN PRACTICES IL 501(c)(3) 3 AHS MIDWEST MGMT false ADVENTIST MIDWEST HEALTH 120 N OAK STREET HINSDALE IL 60521 362276984 2 HOSPITALS IL 501(c)(3) 3 NA false AHP SPECIALTY CARE NFP 5101 S WILLOW SPRINGS RD B1013 LA GRANGE IL 60525 811105774 PHYSICIAN PRACTICES IL 501(c)(3) 3 AHS MIDWEST MGMT false AHS MIDWEST MANAGEMENT INC 500 REMINGTON BLVD BOLINGBROOK IL 60440 363354567 PHYSICIAN PRACTICE MANAGEMENT IL 501(c)(3) Type I ADVENT MIDWEST HEALTH false ARCH DEVELOPMENT CORPORATION 5555 S WOODLAWN AVENUE CHICAGO IL 60637 363485244 TECH TRANSFER IL 501(c)(3) Type I UNIV CHICAGO false ASIAN HEALTH COALITION 180 W WASHINGTON ST SUITE 1 CHICAGO IL 60602 311607193 HLTH ACCESS IL 501(c)(3) 10 UNIV CHICAGO false CHAPIN HALL CENTER FOR CHILDREN 1313 E 60TH STREET CHICAGO IL 60637 362167012 POL RES CTR IL 501(c)(3) 7 NA false CHICAGO HOME FOR THE INCURABLES 5801 S ELLIS AVENUE CHICAGO IL 60637 362169138 SUPP RESEARCH IL 501(c)(3) Type I UNIV CHICAGO false CHICAGO TUMOR INSTITUTE 5801 S ELLIS AVENUE CHICAGO IL 60637 237136019 SUPP RESEARCH IL 501(c)(3) Type I UNIV CHICAGO false COURT THEATRE FUND 5535 S ELLIS AVENUE CHICAGO IL 60637 363203660 SUPP THE ARTS IL 501(c)(3) Type I UNIV CHICAGO false FERMI FORWARD DISCOVERY GROUP LLC 5801 S ELLIS AVENUE CHICAGO IL 60637 933319101 MANAGEMENT IL 501(c)(3) 7 UNIV CHICAGO false FERMI RESEARCH ALLIANCE LLC PO BOX 500 BATAVIA IL 60510 571239010 MANAGE LAB IL 501(c)(3) 7 NA false HYMEN MILGROM SUPPORTING ORGANIZATION 33 N LASALLE ST STE 2131 CHICAGO IL 60602 466789522 SUPP EDU RES VA 501(c)(3) Type III-O NA false INGALLS HEALTH VENTURES ONE INGALLS DRIVE HARVEY IL 60426 363239703 AMBULATORY IL 501(c)(3) Type I UCHHD false INGALLS HOME CARE ONE INGALLS DRIVE HARVEY IL 60426 363367939 HEALTHCARE IL 501(c)(3) 10 IMH false LAKE PARK ASSOCIATES 5801 S ELLIS AVENUE CHICAGO IL 60637 366111317 PROP HOLDG IL 501(c)(2) UNIV CHICAGO false NATIONAL OPINION RESEARCH CENTER (NORC) 55 E MONROE AVENUE CHICAGO IL 60603 362167808 SO SCI SRVYS IL 501(c)(3) 7 NA false PRIMARY HEALTHCARE ASSOCIATES SC 71 W 156TH STREET HARVEY IL 60426 364132865 HEALTHCARE IL 501(c)(3) 10 UCHHD false THE INGALLS MEMORIAL HOSPITAL ONE INGALLS DRIVE HARVEY IL 60426 362170866 HOSPITAL IL 501(c)(3) 3 UCHHD false THE JOHN CRERAR FOUNDATION 5730 S ELLIS AVENUE CHICAGO IL 60637 363155157 SUPP LIBRARY IL 501(c)(3) Type III-O UNIV CHICAGO false THE MARINE BIOLOGICAL LABORATORY 7 MBL STREET WOODS HOLE MA 02543 042104690 RES & EDU MA 501(c)(3) 7 UNIV CHICAGO false THE QUADRANGLE CLUB 5801 S ELLIS AVENUE CHICAGO IL 60637 361655190 SOCIAL CLUB IL 501(c)(7) UNIV CHICAGO false THE UNIV OF CHICAGO FDN IN HONG KONG LTD FUNDRAISING HK UNIV CHICAGO false THE UNIVERSITY OF CHICAGO CLOISTERS CLUB 1212 E 59TH STREET CHICAGO IL 60637 SOCIAL CLUB IL UNIV CHICAGO false UCHICAGO MEDICINE NORTHWEST INDIANA INC 5841 S MARYLAND AVE CHICAGO IL 60637 922355855 HOSPITAL IN 501(c)(3) 3 UCMC false UCHICAGO RESEARCH INTERNATIONAL LIMITED 5801 S ELLIS AVENUE CHICAGO IL 60637 262741573 RESEARCH IL 501(c)(3) Type I UNIV CHICAGO false UCM CARE NETWORK MEDICAL GROUP INC 5841 S MARYLAND AVE MC 1086 CHICAGO IL 60637 474221241 HEALTH SERVICE IL 501(c)(3) 10 UCMC false UCM COMMUNITY HEALTH & HOSPITAL DIVISION ONE INGALLS DRIVE HARVEY IL 60426 363181170 MANAGEMENT IL 501(c)(3) Type I UCMC false UCMC TITLE HOLDING CORPORATION 8201 SOUTH CASS AVENUE DARIEN IL 60561 812126789 TITLE HOLD IL 501(c)(3) Type I UCMC false UCMC TITLE HOLDING CORPORATION II NFP 5841 S MARYLAND AVE MC 1086 CHICAGO IL 60637 821736040 TITLE 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LP INVESTMENT CJ NA C Corporation false TRULEN INSURANCE SPC LIMITED 981571288 LIAB INSURANCE CJ UCHHD false UCHICAGO (BEIJING) CONSULTING CO LTD CONSULTING CH NA C Corporation false UCHICAGO CENTER IN INDIA PRIVATE LIMITED CONSULTING IN NA C Corporation false VIEWFORTH EUROPEAN EQUITY FUND LIMITED INVESTMENT CJ NA C Corporation false false true true false false false false false false false false true true true true true false false false Schedule R, Part II Although each of UCMC and Adventist Health System Sunbelt Healthcare Corporation (AHSSHC) and its wholly-owned subsidiary, Adventist Health System/Sunbelt, Inc. (AHSSI), appoint only half of Adventist Midwest Health (AMH's) Board of Directors, and thus neither technically has control over AMH based on the definition of "control" in the Schedule R instructions, the affiliation between UCMC and AMH gives UCMC a significant amount of control over AMH, and therefore AMH and its subsidiaries are being reported on the Schedule R of UCMC. For GAAP reporting, UCMC's consolidated financial statements reflect UCMC's controlling interest in the net assets and operations of AMH. Furthermore, the University of Chicago controls both UCMC (by virtue of being its sole member) and AMH and its subsidiaries (within the meaning of Reg §53.4968-3(b)(2)(iii)). As a result, UCMC and AMH and its subsidiaries are related by reason of both being controlled by the University of Chicago As a result, UCMC and AMH and its subsidiaries are related by reason of both being controlled by the University of Chicago (though the University's control over AMH is within the meaning of Reg §53.4968-3(b)(2)(iii)) rather than the Schedule R instructions).