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Carle Development Foundation

Public charity
DBA: % DENNIS HESCH EXEC VP & CFO
Other · URBANA, IL · EIN 37-1159978

About

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.

In care of Dennis Hesch EXEC VP & CFO

Donations are tax-deductible
Category
Other
Employees
32
Volunteers
368

Financial Snapshot

FY ending 2024-12-31
Revenue
$17.4M
Expenses
$17.8M
Assets
$113.8M
Liabilities
$18.7M

Financial history

$17.8M$8.9M$0
161718192021222324
RevenueExpenses
Latest FY2024: $17.4M · Avg: $7.6M

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

Political & Grant Activity

Campaign Spending
Lobbying
$74
Grants Given
$7.6M
CARLE DEVELOPMENT FOUNDATION
Your actions

Address

611 W Park ST
Urbana, IL, 61801-252

Governance

Voting board members12
Independent members9
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %0.0%
Permanent endowment %58.9%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
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IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
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