2025-11-15T14:22:23+00:00 2024-12-31 346565596 ERNST & YOUNG US LLP 835 N COLLEGE AVENUE INDIANAPOLIS IN 46202 990 2024-01-01 371159978 Carle Development Foundation CARL 2173833311 611 W PARK STREET URBANA IL 61801 DENNIS HESCH EXEC. VP & CFO 2173833311 2025-11-15 true true Jennifer D Rhoderick P00395735 3176817000 2025-11-13 2024 2025-03-06 01:10:19Z CARLE CENTER FOR PHILANTHROPY Carle Health Center for Philanthropy DENNIS HESCH EXEC VP & CFO 611 W PARK STREET URBANA IL 61801 25511293 false X WWW.CARLE.ORG X 1982 IL TO RAISE FUNDS TO SUPPORT THE CARLE FOUNDATION MISSION. 12 9 32 368 0 8317418 13257256 0 0 3930735 4243983 395383 -104874 12643536 17396365 6327052 14761213 0 0 1915231 2520450 0 2840869 1287365 522640 9529648 17804303 3113888 -407938 114616141 113837041 20336167 18719108 94279974 95117933 X TO RAISE FUNDS FROM THE PUBLIC AND OTHER SOURCES, MAINTAIN THOSE FUNDS AND, AS APPROPRIATE, EXPEND PRINCIPAL AND INCOME TO SUPPORT THE CARLE FOUNDATION MISSION OF PROVIDING HIGH QUALITY HEALTH CARE AND ADVANCING MEDICAL RESEARCH AND EDUCATION IN CENTRAL ILLINOIS. false false 7636132 7636132 0 GREATER PEORIA YOUNG MINDS PROJECT BUILDING COSTS - THE YOUNG MINDS PROJECT BULIDNG COSTS FUND SUPPORTS THE TRANSFORMATION OF A FORMER SKILLED NURSING FACILITY IN WEST PEORIA INTO A STATE-OF-THE-ART CHILD AND ADOLESCENT BEHAVIORAL HEALTH CENTER, TRILLUM PLACE YOUNG MINDS CENTER, AN AFFILIATE OF CARLE HEALTH. THE PURCHASE OF THE BUILDING AND THE RENOVATION EXPENSES WERE MADE POSSIBLE BY THIS FUND. 573764 573764 0 CRITICAL CARE TRANSPORT - THIS FUND SUPPORTS THE CRITICAL CARE TRANSPORT PROGRAM AT CARLE. PURCHASES INCLUDE AN ADVANCED CRITICAL CARE GROUND AMBULANCE, A HAMILTON VENTILATOR, AND AN ADVANCED HUMAN PATIENT SIMULATOR, ENHANCING EMERGENCY RESPONSE TRAINING THROUGHOUT CARLE'S SERVICE REGION. 484605 484605 0 STEPHENS FAMILY INNOVATIONS IN MEDICAL RESEARCH - THE STEPHENS FAMILY INNOVATIONS IN MEDICAL RESEARCH FUND SUPPORTS RESEARCH LED BY CARLE HEALTH CLINICIAN SCIENTISTS IN COLLABORATION WITH UNIVERSITY OF ILLINOIS RESEARCHERS. IT IS DESIGNED TO DIRECTLY IMPACT PATIENT CARE IN OUR COMMUNITY AND BEYOND. THESE PROJECTS ALSO INVOLVE MEDICAL STUDENTS AT CARLE ILLINOIS COLLEGE OF MEDICINE AND CONTRIBUTE TO THE TRAINING OF FUTURE GENERATIONS OF PHYSICIAN SCIENTISTS. 6113890 6066712 0 OTHER PROGRAM SERVICE - OTHER PROGRAMS FUNDED AND SUPPORTED BY THE CARLE DEVELOPMENT FOUNDATION INCLUDE RURAL HEALTH AND FARM SAFETY, RESEARCH IN MANY AREAS INCLUDING CANCER/CARDIOLOGY/DIGESTIVE HEALTH/GENERAL NURSING, MEDICAL EDUCATION IN BOTH HOSPITAL SETTINGS AND COMMUNITY SETTINGS, PEDIATRICS INITIATIVES AND PATIENT CARE. 6113890 6066712 14808391 true true false true false false false false false true true true false false true true false true false false false false false false true true false true true true false false false false false false false false false false true false false false false true true true false false true 19 0 true 32 true false false false false false true true false false false false false false X 12 9 true false false false true true true true true false false false true true true true true true false false false false IL X X DENNIS HESCH EXEC VP & CFO 2173833311 611 W PARK STREET URBANA IL 61801 James C Leonard MD Ex Officio, Voting // President & CEO 1.5 38.5 X X 0 2298226 50256 Mary McGrath Chair 1.0 0.0 X X 0 0 0 Phillip Blankenburg BOARD MEMBER - East Region, Vice Chair, Secretary & Treasurer 1.0 0.0 X X 0 0 0 Adam Hawks BOARD MEMBER - West Region 0.5 0.0 X 0 0 0 Brandon Moss BOARD MEMBER - West Region 2.0 1.0 X 0 0 0 Courtney Zell Armstrong BOARD MEMBER - Central Region 1.0 0.0 X 0 0 0 Julia Eichhorst BOARD MEMBER - South Region 1.0 0.0 X 0 0 0 Lizbeth Katsinas BOARD MEMBER // VP, Center for Philanthropy 39.0 1.0 X 0 378449 60862 Marc Largent BOARD MEMBER - Central Region 1.0 0.0 X 0 0 0 Rick Stephens BOARD MEMBER 0.5 0.0 X 0 0 0 Russ Leigh BOARD MEMBER - East Region 1.0 1.0 X 0 0 0 Dennis Hesch Officer - EVP, Chief Finance & Strategy Officer 1.0 39.0 X 0 1175110 332566 Matthew Kolb JD MHA Officer - President, Carle Health Regions // EVP, COO 1.0 39.0 X 0 1418629 333703 Ken Dicken MBA VP, Finance - West Region 1.0 39.0 X 0 375119 72807 Lauren Schmid MBA EVP, Chief Human Resources Officer 1.0 39.0 X 0 878588 105168 Nicholas Crompton VP, Construction & Facility Services 1.0 39.0 X 0 303209 84556 Roger Laramee Executive Director, Development East Region 40.0 0.0 X 160995 0 10092 Shelleigh Birlingmair VP, BroMenn & Eureka Development 40.0 0.0 X 184688 0 46482 Andrew Bond Director, BroMenn Development 40.0 0.0 X 129527 0 39327 Angela Hatfield Executive Director, Development & Campaigns 40.0 0.0 X 136445 0 31034 Nicole Hayse Executive Director, Development 40.0 0.0 X 111317 0 24975 Ross Richards Director, Philanthropy Operations 40.0 0.0 X 149773 0 40827 Timothy Stedman Director, Carle Health - West Region Development 40.0 0.0 X 151283 0 9836 1024028 6827330 1242491 7 false true false Envision Events Inc 7203 Grange Hall Road Dunlap IL 61525 Event Services 208571 Advanced Medical Transport 1718 N Sterling Ave Peoria IL 61604 Ambulance Services 207899 2 149434 1496522 3139090 13634 8458576 82266 13257256 0 0 0 0 0 2684588 2684588 0 0 9315090 7755695 1559395 0 1559395 1559395 202284 1496522 354056 -151772 -151772 17475 5177 12298 12298 FARM LEASE INCOME 900099 34600 34600 0 0 0 0 34600 17396365 0 0 4139109 14580106 14580106 181107 181107 0 0 365674 365674 1668160 1668160 70725 70725 292245 292245 123646 123646 74 74 144505 144505 67676 0 0 67676 58761 58761 25003 25003 73017 73017 77817 77817 5441 5441 112 112 2221 2221 1943 1943 Operating Budget Funding 17608 17608 Misc Annuities 29570 29570 Dues and Memberships 8312 8312 PATIENT CARE SUPPLIES 42 42 10538 0 10538 0 17804303 14808391 155043 2840869 1124246 0 9839049 11476959 3145116 2212129 84988 0 0 0 0 0 385 0 14377923 114535 14273096 14263388 61027723 62667116 24978351 18364597 0 143187 4852852 114616141 113837041 288398 340357 0 0 20047769 18378751 20336167 18719108 X 26534316 33232951 67745658 61884982 94279974 95117933 114616141 113837041 X -407938 -1245898 2491795 X false true true false X 5293156 8793998 6635473 8317418 13118451 42158496 0 0 5293156 8793998 6635473 8317418 13118451 42158496 12294633 29863863 566072 797428 940621 2288863 2684588 7277572 0 27000 40300 42000 35200 34600 179100 49615168 1324258 0.60191 0.57980 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - FARM LEASE INCOME, COLUMN A - 27000.0, COLUMN B - 40300.0, COLUMN C - 42000.0, COLUMN D - 35200.0, COLUMN E - 34600.0, COLUMN F - 179100.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 74 74 false Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY DUES & MEMBERSHIP FEES WERE PAID TO THE FOLLOWING ORGANIZATIONS A PORTION OF WHICH WAS ALLOCATED TO LOBBYING: - ASSOCIATION OF FUNDRAISING PROFESSIONALS - $26 - ASSOCIATION FOR HEALTHCARE PHILANTHROPY - $48 22825693 526530 775385 643411 23484197 9549348 12273299 1581153 578107 22825693 10625241 323463 -1237640 161716 9549348 9005618 518076 1231712 130165 10625241 4543253 3475633 1117930 131198 9005618 0.0 0.5885 0.4115 false false 11045065 11045065 186394 114535 71859 3146464 3146464 14263388 Closely-held equity interests Financial derivatives LIMITED PARTNERSHIPS 7053597 F PERPETUAL FARMLAND TRUSTS 11311000 F Long Term Investments 18364597 Federal Income Taxes INTERCOMPANY PAYABLES 18215942 ANNUITES LIABILITY 154418 Real Estate Tax PAYROLL WITHHOLDING 8391 18378751 X 0 0 0 0 0 0 0 0 0 0 0 0 Schedule D, Part V, Line 4 Intended uses of endowment funds THE CARLE DEVELOPMENT FOUNDATION, WHOSE SOLE MEMBER IS THE CARLE FOUNDATION, HAD 108 ENDOWMENTS, RANGING FROM $2,863 TO $2.46 MILLION. THE PURPOSES DESIGNATED BY THE DONORS VARIED, BUT CONSISTED OF SUPPORT FOR CANCER RESEARCH, THE CARLE GUEST HOUSE, CONTINUED EDUCATION FOR VARIOUS PROFESSIONAL STAFF, AND OTHER HEALTHCARE RELATED PURPOSES. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES PRESCRIBES A MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENTS RECOGNITION OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN. THERE WERE NO UNCERTAIN TAX BENEFITS IDENTIFIED OR RECORDED AS A LIABILITY AS OF DECEMBER 31, 2024, AND 2023. Greater Peoria Gala 555015 534015 21000 0 0 0 35990 22485 40153 Golf Open 398510 397510 1000 0 0 24676 24190 0 10414 5 745281 564997 180284 0 0 11083 63187 22618 99260 1698806 1496522 202284 0 0 35759 123367 45103 149827 354056 -151772 0 0 17475 5000 177 true 0.33 17475 5000 177 IL true false false false 0.0 1.0 Jordyn Ernst and Chelsea Kermicle 611 W Park Street Urbana IL 61801 false Jordyn Ernst and Chelsea Kermicle 0 Raffle Management X false true The Carle Foundation 611 W Park Street Urbana IL 61801 370673465 501(c)(3) 795572 Patient Support & Education, Building Construction/Renovations The Carle Foundation Hospital 611 W Park Street Urbana IL 61801 371119538 501(c)(3) 1816665 559539 Cost Patient Support Patient Support & Education Carle Health Care Incorporated 611 W Park Street Urbana IL 61801 371140016 501(c)(3) 723806 Patient Support & Education Carle BroMenn Medical Center 611 W Park Street Urbana IL 61801 850682363 501(c)(3) 338972 2025 Cost Patient Support Patient Support & Education Richland Memorial Hospital Inc 611 W Park Street Urbana IL 61801 371363001 501(c)(3) 61385 15404 Cost Patient Support Patient Support & Education Carle Eureka Hospital 611 W Park Street Urbana IL 61801 850688306 501(c)(3) 51133 Patient Support & Education Carle West Physician Group 611 W Park Street Urbana IL 61801 850703768 501(c)(3) 333355 Patient Support & Education Methodist Medical Center of Illinois 611 W Park Street Urbana IL 61801 370661223 501(c)(3) 8587243 373608 Cost Patient Support Patient Support & Education, Building Construction/Renovations Proctor Hospital 611 W Park Street Urbana IL 61801 370681540 501(c)(3) 572039 Patient Support & Education Hult Center for Healthy Living 611 W Park Street Urbana IL 61801 363510390 501(c)(3) 202965 Patient Support & Education Champaign SurgiCenter LLC 611 W Park Street Urbana IL 61801 201915925 5670 Patient Support & Education Pekin Memorial Hospital 611 W Park Street Urbana IL 61801 370692351 501(c)(3) 20956 Patient Support & Education Carle Retirement Centers 611 W Park Street Urbana IL 61801 371160033 501(c)(3) 11481 Patient Support & Education The Board of Trustees of the University of Illinois 506 S Mathews Ave Urbana IL 61801 376000511 501(c)(3) 101957 PGRM SUPPORT & RESEARCH 13 1 MEDICAL EDUCATION ASSISTANCE 123 90226 PATIENT ASSISTANCE 380 90249 Medical Research 3 632 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds ANY CHARITABLE ORGANIZATION WISHING TO REQUEST FUNDS IS ASKED TO SUBMIT THE REQUEST IN WRITING. EMAILED REQUESTS ARE ACCEPTABLE. THE REQUEST MUST INCLUDE A DESCRIPTION OF THE PURPOSE OF THE CONTRIBUTION AND OTHER RELEVANT INFORMATION SUCH AS THE REQUESTOR'S NAME, AND AMOUNT OF THE REQUEST. THE REQUESTS ARE REVIEWED, EVALUATED, AND ADMINISTERED BY THE PUBLIC RELATIONS DIRECTOR WHO MAY SEEK ADDITIONAL INFORMATION FROM THE REQUESTOR AS NEEDED AS WELL AS INPUT FROM ANY APPROPRIATE CARLE ADMINISTRATOR OR DIRECTOR. A SET OF ESTABLISHED GUIDELINES DRIVE THESE DECISIONS. MOST ARE MADE TO IMPROVE HEALTHCARE/ACCESS TO HEALTHCARE OR ARE CONSISTENT WITH THE ORGANIZATION'S ROLE AS A CORPORATE CITIZEN. ASSESSED NEED IS A COMMON CRITERIA. WRITTEN AGREEMENTS ARE IN PLACE AND THERE IS REGULAR CONTACT WITH ORGANIZATIONS, SUCH AS COLLEGES AND UNIVERSITIES, RECEIVING $5,000 OR MORE TO ENSURE THAT THE DONATIONS ARE BEING USED AS AGREED UPON. THE RECORDS ARE MAINTAINED IN ADMINISTRATION OR PUBLIC RELATIONS. GRANTS MADE TO RELATED ORGANIZATIONS ARE MONITORED ON A MONTHLY BASIS THROUGH THE REVIEW OF FINANCIAL STATEMENTS OF THESE ORGANIZATIONS WHICH ARE READILY AVAILABLE. false true false false false false false false false James C Leonard MD Ex Officio, Voting // President & CEO 0 1805832 0 0 0 492394 0 27678 0 22578 0 2348482 0 462357 Lizbeth Katsinas BOARD MEMBER // VP, Center for Philanthropy 0 367239 0 0 0 11210 0 58460 0 2402 0 439311 0 0 Matthew Kolb JD MHA Officer - President, Carle Health Regions // EVP, COO 0 1119849 0 0 0 298780 0 302587 0 31116 0 1752332 0 269019 Dennis Hesch Officer - EVP, Chief Finance & Strategy Officer 0 1145423 0 0 0 29687 0 306265 0 26301 0 1507676 0 0 Lauren Schmid MBA EVP, Chief Human Resources Officer 0 711410 0 0 0 167178 0 74631 0 30537 0 983756 0 137552 Ken Dicken MBA VP, Finance - West Region 0 372492 0 0 0 2627 0 38835 0 33972 0 447926 0 0 Nicholas Crompton VP, Construction & Facility Services 0 299356 0 0 0 3853 0 50322 0 34234 0 387765 0 0 Shelleigh Birlingmair VP, BroMenn & Eureka Development 183382 0 0 0 1306 0 28536 0 17946 0 231170 0 0 0 Roger Laramee Executive Director, Development East Region 160231 0 0 0 764 0 10092 0 0 0 171087 0 0 0 Ross Richards Director, Philanthropy Operations 140592 0 0 0 9181 0 8555 0 32272 0 190600 0 0 0 Andrew Bond Director, BroMenn Development 128922 0 0 0 605 0 8555 0 30772 0 168854 0 0 0 Angela Hatfield Executive Director, Development & Campaigns 133178 0 0 0 3267 0 0 0 31034 0 167479 0 0 0 Timothy Stedman Director, Carle Health - West Region Development 150769 0 0 0 514 0 0 0 9836 0 161119 0 0 0 Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation THE GOVERNING BOARD OF THE CARLE FOUNDATION, THE SYSTEM PARENT ORGANIZATION OF CARLE DEVELOPMENT FOUNDATION THROUGH ITS COMPENSATION COMMITTEE COMPRISED OF INDEPENDENT MEMBERS FREE OF CONFLICT, ANNUALLY REVIEWS EXECUTIVE COMPENSATION LEVELS AND ESTABLISHES APPROPRIATE SALARY RANGES AND OTHER FEATURES OF THE COMPENSATION PLAN IN ACCORDANCE WITH THE ORGANIZATION'S APPROVED COMPENSATION PHILOSOPHY AND STRATEGY. -THE COMMITTEE IS COMPRISED OF MEMBERS OF THE GOVERNING BOARD WHO ARE INDEPENDENT OF THE CARLE FOUNDATION MANAGEMENT, HAVE NO PERSONAL INTEREST IN THE COMPENSATION ARRANGEMENTS, ARE NOT RELATED TO, OR UNDER THE CONTROL OF ANY INDIVIDUAL WHOSE COMPENSATION ARRANGEMENT IS BEING REVIEWED, AND HAVE NO MATERIAL BUSINESS RELATIONSHIP WITH THE CARLE FOUNDATION. -THE CHIEF EXECUTIVE OFFICER'S COMPENSATION IS DETERMINED BY THE COMPENSATION COMMITTEE IN RELATION TO APPROPRIATE COMPARABILITY DATA. COMPENSATION FOR OTHER MEMBERS OF THE EXECUTIVE STAFF IS DEVELOPED BY THE CEO, EVALUATED AGAINST MARKET DATA, AND REVIEWED AND APPROVED BY THE COMMITTEE. -THE COMMITTEE APPROVES ALL ANNUAL COMPENSATION DECISIONS IN ADVANCE OF THEIR IMPLEMENTATION AND DOCUMENTS ITS DETERMINATIONS AND DISCUSSIONS. -THE COMPENSATION COMMITTEE RELIES UPON A NUMBER OF EXTERNAL RESOURCES AND COMPARISONS, AND ITS ANALYSIS INCLUDES TOTAL COMPENSATION (CASH COMPENSATION PLUS BENEFITS PROVIDED BY THE CARLE FOUNDATION) IN RELATION TO ORGANIZATIONAL PERFORMANCE AND PREVAILING INDUSTRY PRACTICES FOR LIKE RESPONSIBILITIES AT COMPARABLY SIZED ORGANIZATIONS. THE COMMITTEE HAS ENGAGED THE SERVICES OF A COMPENSATION CONSULTING FIRM SPECIALIZING IN THE NOT-FOR-PROFIT SECTOR, WHICH HAS WORKED WITH THE CARLE FOUNDATION AND MAKES ITS REPORTS DIRECTLY AVAILABLE TO THE COMPENSATION COMMITTEE. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan THE 2024 PARTICIPANTS IN THE 457(F) PLAN OFFERED BY THE CARLE FOUNDATION, THE SYSTEM PARENT ORGANIZATION OF THE CARLE DEVELOPMENT FOUNDATION, LISTED ON FORM 990 PART VII INCLUDE JAMES C. LEONARD, MD, DENNIS HESCH, MATTHEW KOLB, JD, MHA AND LAUREN SCHMID, MBA. IN 2024, PAYMENTS FROM THE 457(F) PLAN WERE MADE TO JAMES C. LEONARD, MD ($462,357), MATTHEW KOLB, JD, MHA ($269,019), AND LAUREN SCHMID, MBA ($137,552). X 725 Market value 4 54276 Market value 2 750 Market value X CHARITABLE EVENTS PROMOTIONAL MATERIALS 1 25000 Market value X Gift Cards 3 1235 Market value X Gift Certificate 1 280 Market value false true false Schedule M, Part I COLUMN B THE AMOUNTS REPORTED IN COLUMN B REPRESENT THE NUMBER OF CONTRIBUTIONS RECEIVED. Form 990, Part III, Line 4a-4c Description of program services (Expenses $ 6,113,890 including grants of $ 6,066,712)(Revenue $ 0) OTHER PROGRAM SERVICE - OTHER PROGRAMS FUNDED AND SUPPORTED BY THE CARLE DEVELOPMENT FOUNDATION INCLUDE RURAL HEALTH AND FARM SAFETY, RESEARCH IN MANY AREAS INCLUDING CANCER/CARDIOLOGY/DIGESTIVE HEALTH/GENERAL NURSING, MEDICAL EDUCATION IN BOTH HOSPITAL SETTINGS AND COMMUNITY SETTINGS, PEDIATRICS INITIATIVES AND PATIENT CARE. Form 990, Part VI, Line 15 15A & 15B - PROCCES TO ESTABLISH COMPENSATION OF TOP MANAGEMENT OFFICIAL CARLE DEVELOPMENT FOUNDATION DOES NOT COMPENSATE ITS OFFICERS. EMPLOYEE COMPENSATION FOR THESE INDIVIDUALS IS PAID BY THE SYSTEM PARENT ORGANIZATION, THE CARLE FOUNDATION. THE GOVERNING BOARD OF THE CARLE FOUNDATION, THE SYSTEM PARENT ORGANIZATION OF Carle Development Foundation THROUGH ITS COMPENSATION COMMITTEE COMPRISED OF INDEPENDENT MEMBERS FREE OF CONFLICT, ANNUALLY REVIEWS EXECUTIVE COMPENSATION LEVELS AND ESTABLISHES APPROPRIATE SALARY RANGES AND OTHER FEATURES OF THE COMPENSATION PLAN IN ACCORDANCE WITH THE ORGANIZATION'S APPROVED COMPENSATION PHILOSOPHY AND STRATEGY: -THE COMMITTEE IS COMPRISED OF MEMBERS OF THE GOVERNING BOARD; WHO ARE INDEPENDENT OF THE CARLE FOUNDATION MANAGEMENT; HAVE NO PERSONAL INTEREST IN THE COMPENSATION ARRANGEMENTS; ARE NOT RELATED TO, OR UNDER THE CONTROL OF ANY INDIVIDUAL WHOSE COMPENSATION ARRANGEMENT IS BEING REVIEWED; AND HAVE NO MATERIAL BUSINESS RELATIONSHIP WITH THE CARLE FOUNDATION. -THE CHIEF EXECUTIVE OFFICER'S COMPENSATION IS DETERMINED BY THE COMPENSATION COMMITTEE IN RELATION TO APPROPRIATE COMPARABILITY DATA. COMPENSATION FOR OTHER MEMBERS OF THE EXECUTIVE STAFF IS DEVELOPED BY THE CEO, EVALUATED AGAINST MARKET DATA, AND REVIEWED AND APPROVED BY THE COMMITTEE. -THE COMMITTEE APPROVES ALL ANNUAL COMPENSATION DECISIONS IN ADVANCE OF THEIR IMPLEMENTATION AND DOCUMENTS ITS DETERMINATIONS AND DISCUSSIONS. -THE COMPENSATION COMMITTEE RELIES UPON A NUMBER OF EXTERNAL RESOURCES AND COMPARISONS, AND ITS ANALYSIS INCLUDES TOTAL COMPENSATION (CASH COMPENSATION PLUS BENEFITS PROVIDED BY THE CARLE FOUNDATION) IN RELATION TO ORGANIZATIONAL PERFORMANCE AND PREVAILING INDUSTRY PRACTICES FOR LIKE RESPONSIBILITIES AT COMPARABLY SIZED ORGANIZATIONS. THE COMMITTEE HAS ENGAGED THE SERVICES OF A COMPENSATION CONSULTING FIRM SPECIALIZING IN THE NOT-FOR-PROFIT SECTOR, WHICH HAS WORKED WITH THE CARLE FOUNDATION AND MAKES ITS REPORTS DIRECTLY AVAILABLE TO THE COMPENSATION COMMITTEE. Form 990, Part VI, Line 4 Merger ON 12/31/2024, THE GOVERNING BOARDS OF METHODIST MEDICAL CENTER FOUNDATION AND THE CARLE DEVELOPMENT FOUNDATION APPROVED THE MERGING OF THE METHODIST MEDICAL CENTER FOUNDATION INTO THE CARLE DEVELOPMENT FOUNDATION. ALL ASSETS, LIABILITIES, EQUITY, AND OPERATIONS OF THE METHODIST MEDICAL CENTER FOUNDATION BECAME PART OF THE CARLE DEVELOPMENT FOUNDATION. Form 990, Part VI, Line 2 Family/business relationships amongst interested persons JAMES C. LEONARD, MD (OFFICER), AND MATTHEW KOLB, JD, MHA (OFFICER), - Business relationship, JAMES C. LEONARD, MD (OFFICER), DENNIS HESCH (OFFICER), AND LAUREN SCHMID, MBA (KEY EMPLOYEE) - Business relationship, DENNIS HESCH (OFFICER), NICHOLAS CROMPTON (KEY EMPLOYEE), AND MATTHEW KOLB, JD, MHA (OFFICER) - Business relationship Form 990, Part VI, Line 6 Classes of members or stockholders THE CARLE FOUNDATION, A TAX-EXEMPT ILLINOIS NOT-FOR-PROFIT CORPORATION, IS THE SOLE MEMBER. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body THE CARLE FOUNDATION, ACTING THROUGH ITS GOVERNING BOARD, HAS THE EXCLUSIVE POWER TO ELECT AND REMOVE BOARD MEMBERS AS WELL AS FILL VACANCIES. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders CARLE DEVELOPMENT FOUNDATION MUST HAVE THE APPROVAL OF ITS SOLE MEMBER, THE CARLE FOUNDATION, THROUGH ITS GOVERNING BOARD, WHEN VOTING ON MATTERS INCLUDING THE AMENDMENT OF GOVERNING DOCUMENTS; THE ADOPTION OF ANY ANNUAL OR LONG-TERM CAPITAL OR OPERATIONAL BUDGETS OF THE CORPORATION; THE ADOPTION OF ANY NEW, OR ANY CHANGES TO EXISTING, LONG-TERM OR MASTER INSTITUTIONAL PLANS OF THE CORPORATION; THE ADOPTION OF A PLAN OF DISSOLUTION OF THE CORPORATION; THE ENGAGMENT OF THE CORPORATION INTO ANY TRANSACTION PROVIDING FOR THE SALE, MORTGAGE OR OTHER DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF ITS ASSETS; THE ADOPTION OF A PLAN OF MERGER OR CONSOLIDATION OF THE CORPORATION WITH ANOTHER CORPORATION; APPROVAL OF ANY CONTRIBUTIONS, GRANTS OR LOANS BY THE CORPORATION TO ANY ORGANIZATION OR CORPORATION OTHER THAN THE SOLE MEMBER OF THE CORPORATION OR AN AFFILIATE THE SUM OF WHICH EXCEEDS $10,000 FOR ANY FISCAL YEAR; THE ORGANIZATION, ACQUISITION, OR AUTHORIZATION TO PERMIT THE ORGANIZATION TO ACQUIRE ANY SUBSIDIARY OR AFFILIATE. Form 990, Part VI, Line 11b Review of form 990 by governing body FORM 990 WAS PREPARED BY STAFF AND AN EXTERNAL TAX ADVISOR AND REVIEWED BY MANAGEMENT. PRIOR TO FILING THIS FORM 990, A FULL AND COMPLETE COPY WAS PROVIDED TO THE GOVERNING BODY BY POSTING TO THE ORGANIZATION'S DIRECTOR COMMUNICATION PORTAL. ALSO, BEFORE FILING, EACH BOARD MEMBER RECEIVED NOTIFICATION THAT THE FORM 990 WAS POSTED AND AVAILABLE FOR REVIEW AT HIS/HER DISCRETION. EACH BOARD MEMBER HAS THE OPPORTUNITY TO CONTACT MANAGEMENT OR DISCUSS AND ADDRESS CONCERNS AT SUBSEQUENT BOARD MEETINGS. Form 990, Part VI, Line 12c Conflict of interest policy THE ORGANIZATION'S ESTABLISHED CONFLICT OF INTEREST POLICIES REQUIRE ANNUAL DISCLOSURE OF ACTUAL AND POTENTIAL CONFLICTS OF INTEREST FOR OFFICERS, DIRECTORS, MEMBERS OF THE GOVERNING BOARD, MEMBERS OF BOARD COMMITTEES, ADMINISTRATIVE AND MANAGERIAL EMPLOYEES AS WELL AS ALL EMPLOYEES OF THE PURCHASING DEPARTMENT. IF CIRCUMSTANCES CHANGE DURING THE COURSE OF A YEAR, INTERIM DISCLOSURE IS ALSO REQUIRED OF THE SAME INDIVIDUALS. THE DISCLOSURES OF EMPLOYEES ARE REVIEWED INITIALLY BY THE COMPLIANCE DEPARTMENT AND ANY IDENTIFIED CONFLICTS ARE REFERRED TO AND ADDRESSED BY THE ORGANIZATION'S INTERNAL LEGAL COUNSEL AND/OR CORPORATE INTEGRITY OFFICER. THE DISCLOSURES OF MEMBERS OF THE GOVERNING BOARD AND MEMBERS OF THE BOARD COMMITTEES ARE REVIEWED BY THE CHAIR OF THE BOARD. THE ENTIRE BOARD, ABSENT THE SUBJECT BOARD OR COMMITTEE MEMBER DETERMINES WHETHER A CONFLICT EXISTS. BOARD MEMBERS AND/OR BOARD COMMITTEE MEMBERS WITH IDENTIFIED CONFLICTS ARE REQUIRED TO RECUSE THEMSELVES FROM DELIBERATING AND VOTING ON MATTERS THAT MAY PRESENT A CONFLICT. THE ORGANIZATION ALSO MAINTAINS PURCHASING POLICIES REQUIRING COUNTER SIGNATURES TO FURTHER MINIMIZE THE RISK ASSOCIATED WITH ACTUAL AND/OR POTENTIAL CONFLICTS OF INTEREST. Form 990, Part VI, Line 19 Required documents available to the public THE CARLE FOUNDATION, THE SYSTEM PARENT ORGANIZATION OF CARLE DEVELOPMENT FOUNDATION, PUBLISHES THROUGH WWW.DACBOND.COM AND HTTPS://EMMA.MSRB.ORG/ ITS QUARTERLY UNAUDITED FINANCIAL STATEMENTS, ANNUAL AUDITED FINANCIAL STATEMENTS, A MANAGEMENT'S DISCUSSION & ANALYSIS TO ACCOMPANY THE FINANCIAL STATEMENTS, AND AN ANNUAL REPORT OF CERTAIN OPERATING AND FINANCIAL INFORMATION. ADDITIONALLY, OFFICIAL STATEMENTS FOR OUTSTANDING MUNICIPAL BOND ISSUES FOR WHICH THE CARLE FOUNDATION IS OBLIGATED ARE AVAILABLE AT THESE WEBSITES. THESE DOCUMENTS INCLUDE EXTENSIVE INFORMATION ABOUT THE ORGANIZATION'S HEALTH CARE DELIVERY SYSTEM MODEL, RECENT HIGHLIGHTS/ACCOMPLISHMENTS, GOVERNANCE AND ADMINISTRATION, STRATEGIC PLAN, FACILITIES, CLINICAL PROGRAMS, MEDICAL STAFF, SERVICE AREA, COMPETITIVE ENVIRONMENT, DEMOGRAPHIC DATA, UTILIZATION STATISTICS, SUMMARY FINANCIAL INFORMATION, ACADEMIC AFFILIATIONS AND EDUCATIONAL PROGRAMS, MEDICAL RESEARCH, ACCREDITATIONS, AND ITS EMPLOYEES. THIS INFORMATION IS AVAILABLE AT NO CHARGE TO THOSE WHO REGISTER AT THE WWW.DACBOND.COM WEBSITE OR BY SEARCHING AT HTTPS://EMMA.MSRB.ORG/. IN ADDITION, FORMS 990 OF THE ORGANIZATION'S FILING ENTITIES ARE AVAILABLE THROUGH DACBOND. QUARTERLY FINANCIAL STATEMENTS ARE ALSO AVAILABLE UPON REQUEST DELIVERED TO THE ORGANIZATION'S ADMINISTRATIVE OFFICES. THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICIES ARE ALSO AVAILABLE UPON REQUEST TO THE ORGANIZATION'S ADMINISTRATIVE OFFICES. Form 990, Part VII, Section A COLUMN B THE AVERAGE ESTIMATED HOURS PER WEEK LISTED FOR THE REPORTING ORGANIZATION AND RELATED ORGANIZATIONS ARE BASED ON A STANDARD 40 HOUR WEEK. MEMBERS MAY FREQUENTLY DEVOTE MORE THAN 40 HOURS OF SERVICE TO THE ENTIRE ORGANIZATION DURING AN AVERAGE WEEK. Form 990, Part XI, Line 9 Other changes in net assets or fund balances INTERCOMPANY RECEIVABLE/PAYABLE SETTLEMENTS - 2491795; Total - 2491795; Form 990, Part XII, Line 2c CHANGE OF OVERSIGHT PROCESS OR SELECTION PROCESS FORM 990, PART XII, QUESTIONS 2A, B, C & PART IV, QUESTION 12 THE FINANCIAL STATEMENTS FOR CARLE DEVELOPMENT FOUNDATION WERE AUDITED ON A CONSOLIDATED BASIS. THE CARLE FOUNDATION HAS AN AUDIT COMMITTEE CONSISTING OF MEMBERS OF THE GOVERNING BOARD AND THE CHIEF FINANCIAL OFFICER WHO TOGETHER ASSUME RESPONSIBILITY FOR THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT OR AUDITOR. CARLE BROMENN MEDICAL CENTER 611 W PARK STREET URBANA IL 61801 850682363 HOSPITAL SERVICES IL 501(c)(3) 3 CHCR true CARLE COMMUNITY HEALTH CORPORATION 611 W PARK STREET URBANA IL 61801 364458371 FNDN MISSION IL 501(c)(3) Type I CDF true CARLE EUREKA HOSPITAL 611 W PARK STREET URBANA IL 61801 850688306 HOSPITAL SERVICES IL 501(c)(3) 3 CHCR true CARLE HEALTH - CENTRAL REGION 611 W PARK STREET URBANA IL 61801 990548510 GOVERNANCE/OVERSIGHT IL 501(c)(3) Type III-FI TCF true CARLE HEALTH - EAST REGION 611 W PARK STREET URBANA IL 61801 990582680 GOVERNANCE/OVERSIGHT IL 501(c)(3) Type III-FI TCF true CARLE HEALTH - SOUTH REGION 611 W PARK STREET URBANA IL 61801 990614340 GOVERNANCE/OVERSIGHT IL 501(c)(3) Type III-FI TCF true CARLE HEALTH - WEST REGION 611 W PARK STREET URBANA IL 61801 371111135 GOVERNANCE/OVERSIGHT IL 501(c)(3) Type III-FI TCF true CARLE HEALTH CARE INCORPORATED 611 W PARK STREET URBANA IL 61801 371140016 VARIOUS MEDICAL SERVICES IL 501(c)(3) 10 TCF true CARLE RETIREMENT CENTERS INC 611 W PARK STREET URBANA IL 61801 371160033 RETIREMENT LIVING IL 501(c)(3) 10 TCF true CARLE WEST PHYSICIAN GROUP INC 611 W PARK STREET URBANA IL 61801 850703768 PHYSICIAN SERVICES IL 501(c)(3) 10 CHCI true CRIS HEALTHY AGING 611 W PARK STREET URBANA IL 61801 370948852 SENIOR CITIZEN SERVICES IL 501(c)(3) 7 CHCI true HOOPESTON COMMUNITY MEMORIAL HOSPITAL 611 W PARK STREET URBANA IL 61801 363637465 HOSPITAL SERVICES IL 501(c)(3) 3 CHER true HULT CENTER FOR HEALTHY LIVING INC 611 W PARK STREET URBANA IL 61801 363510390 WELLNESS SERVICES IL 501(c)(3) 7 PH true HUMAN SERVICE CENTER 611 W PARK STREET URBANA IL 61801 371004882 BEHAVIORAL HEALTH SERVICES IL 501(c)(3) 7 TP true METHODIST MEDICAL CENTER FOUNDATION 611 W PARK STREET URBANA IL 61801 510186460 FUNDRAISING IL 501(c)(3) 7 CHWR true METHODIST MEDICAL CENTER OF ILLINOIS 611 W PARK STREET URBANA IL 61801 370661223 HOSPITAL SERVICES IL 501(c)(3) 3 CHWR true METHODIST SERVICES INC 611 W PARK STREET URBANA IL 61801 371111134 PROPERTY HOLDING CO. IL 501(c)(3) PF CHWR true PARK COURT LIMITED 611 W PARK STREET URBANA IL 61801 371178386 PROPERTY HOLDING CO. IL 501(c)(3) Type II CHWR true PEKIN MEMORIAL HOSPITAL 611 W PARK STREET URBANA IL 61801 370692351 HOSPITAL SERVICES IL 501(c)(3) 3 CHWR true PRAIRIE VIEW VILLAS NO 1 611 W PARK STREET URBANA IL 61801 261755679 HOUSING SERVICES IL 501(c)(3) 7 TMHC true PROCTOR HEALTH SYSTEMS 611 W PARK STREET URBANA IL 61801 364147437 PHYSICIAN SERVICES IL 501(c)(3) 3 CHWR true PROCTOR HOSPITAL 611 W PARK STREET URBANA IL 61801 370681540 HOSPITAL SERVICES IL 501(c)(3) 3 CHWR true RICHLAND MEMORIAL HOSPITAL INC 611 W PARK STREET URBANA IL 61801 371363001 HOSPITAL SERVICES IL 501(c)(3) 3 CHSR true TAZWOOD MENTAL HEALTH CENTER INC 611 W PARK STREET URBANA IL 61801 371278969 BEHAVIORAL HEALTH SERVICES IL 501(c)(3) 7 TP true THE CARLE FOUNDATION 611 W PARK STREET URBANA IL 61801 370673465 PARENT/INV MGMT IL 501(c)(3) Type III-FI NA false THE CARLE FOUNDATION HOSPITAL 611 W PARK STREET URBANA IL 61801 371119538 HOSPITAL SERVICES IL 501(c)(3) 3 CHER true THE METHODIST MEDICAL CENTER OF ILLINOIS SELF INSURANCE TRUST AGREEMENT 611 W PARK STREET URBANA IL 61801 376181831 SELF INSURANCE IL 501(c)(3) Type I MMCI true TRILLIUM PLACE 611 W PARK STREET URBANA IL 61801 834051901 BEHAVIORAL HEALTH SERVICES IL 501(c)(3) Type II CHWR true CENTRAL ILLINOIS ENDOSCOPY CENTER LLC 611 W PARK STREET URBANA IL 61704 208243285 Medical Services IL NA N/A CHAMPAIGN SURGICENTER LLC 611 W PARK STREET URBANA IL 61801 201915925 Surgical Center IL NA N/A RAVEN EVERGREEN CREDIT OFFSHORE FUND II LP 75 SPRING STREET 6TH FLOOR NEW YORK NY 10012 981747373 INVESTMENTS NA N/A MOUPH LLC 611 W PARK STREET PEORIA IL 61801 921791534 Outpatient Orthopedic Services IL NA N/A REHABILITATION THERAPY SERVICES LLC 416 ST MARKS CT 110 PEORIA IL 61603 810584193 Rehabilitation Therapy IL NA N/A THE CENTER FOR ORTHOPEDIC MEDICINE LLC RECOVERY CARE CENTER 2502B E EMPIRE ST BLOOMINGTON IL 61704 270934895 Outpatient Orthopedic Services IL NA N/A THE CENTER FOR ORTHOPEDIC MEDICINE LLC SURGERY CENTER 2502B E EMPIRE ST BLOOMINGTON IL 61704 371356453 Outpatient Orthopedic Services IL NA N/A BELCREST SERVICES LTD 611 W PARK STREET URBANA IL 61801 371196307 MEDICAL SERVICES IL NA C Corporation true CARLE HEALTH JUNCTION MEDICAL LLC 611 W PARK STREET URBANA IL 61801 814609769 CARE COORDINATION IL NA C Corporation true CARLE HEALTH PHYSICIAN PARTNERS INC 611 W PARK STREET URBANA IL 61801 850718392 PHYSICIAN SERVICES IL NA C Corporation true CARLE HOLDING COMPANY INC 611 W PARK STREET URBANA IL 61801 371188284 HOLDING CO. IL NA C Corporation true CARLE RESEARCH PRODUCTS INC 611 W PARK STREET URBANA IL 61801 999999999 MEDICAL RESEARCH - INACTIVE IL CDF C Corporation 0 0 1 true CARLE RISK MANAGEMENT COMPANY 611 W PARK STREET URBANA IL 61801 371217973 RISK MANAGEMENT IL NA C Corporation true CARLE VENTURES INC 611 W PARK STREET URBANA IL 61801 371313150 HEALTH CARE PARTNERSHIPS IL NA C Corporation true CHA HOLDING INC 3310 SOUTH FIELDS DR CHAMPAIGN IL 61822 471854275 HOLDING CO. IL NA C Corporation true FIRSTCAROLINACARE INSURANCE COMPANY 42 MEMORIAL DR PINEHURST NC 28374 331160597 INSURANCE IL NA C Corporation true HEALTH ALLIANCE CONNECT INC 3310 SOUTH FIELDS DR CHAMPAIGN IL 61822 464796891 HEALTH CARE COORDINATION IL NA C Corporation true HEALTH ALLIANCE MEDICAL PLANS INC 3310 SOUTH FIELDS DR CHAMPAIGN IL 61822 371260731 HEALTH COVERAGE IL NA C Corporation true HEALTH ALLIANCE MIDWEST INC 3310 SOUTH FIELDS DR CHAMPAIGN IL 61822 371354502 HEALTH COVERAGE IL NA C Corporation true HEALTH ALLIANCE NORTHWEST HEALTH PLAN 820 N CHELAN AVE WENATCHEE WA 98801 461966323 HEALTH COVERAGE WA NA C Corporation true HEALTH ALLIANCE NORTHWEST HOLDING 820 N CHELAN AVE WENATCHEE WA 98801 461717578 HOLDING CO. WA NA C Corporation true HEALTH PLUS INC 611 W PARK STREET URBANA IL 61801 371295532 CONTRACTING IL NA C Corporation true HEALTH SYSTEMS INSURANCE LIMITED GOVERNORS SQUARE 2ND FLOOR BLDG 3 23 LIME TREE BAY AVE GRAND CAYMAN CJ KY11102 980638449 INSURANCE CJ NA C Corporation true METHODIST HEALTH VENTURES INC 611 W PARK STREET URBANA IL 61801 371140939 HOLDING CO. IL NA C Corporation true OPTIMUM HEALTH SOLUTIONS INC 611 W PARK STREET URBANA IL 61801 205430137 CARE COORDINATION - INACTIVE IL NA C Corporation true PEKIN PROHEALTH INC 611 W PARK STREET URBANA IL 61801 371117052 CLINICAL OPERATIONS IL NA C Corporation true PROVIDER RESOURCE MANAGEMENT INC 611 W PARK STREET URBANA IL 61801 371223550 PHYSICIAN SERVICES IL NA C Corporation true false true true false false false false false false false true false true false false true true false true The Carle Foundation Hospital B 2376204 Book Carle BroMenn Medical Center B 340997 Book Carle West Physician Group B 333355 Book Carle Health Care Incorporated B 723806 Book Richland Memorial Hospital Inc B 76789 Book Methodist Medical Center of Illinois B 8960851 Book Proctor Hospital B 572039 Book Hult Center for Healthy Living B 202965 Book Carle Eureka Hospital B 51133 Book THE CARLE FOUNDATION C 3138540 BOOK