EIN 37-0673465

The Carle Foundation

IRS 501(c) type
501(c)(3)
Num. employees
3,158
City
Year formed
1946
Most recent tax filings
2023-12-01
NTEE code, primary
Description
The Carle Foundation is organized and exclusively operates as a not-for-profit corporation for charitable, scientific and educational purposes and serves as The parent corporation for an integrated health care delivery network. To be The trusted partner in all healthcare decisions and improve health by providing highly accessible, world-class care and service. We serve people through high quality care, medical research and education.
Total revenues
$575,377,812
2023
20192020202120222023$0.4b$0.5b$0.6b
Total expenses
$549,795,506
2023
20192020202120222023$0.3b$0.5b
Total assets
$2,977,227,900
2023
20192020202120222023$2.6b$3b
Num. employees
3,158
2023
2019202020212022202302k4k

Program areas at The Carle Foundation

The Carle Foundation is organized and at all times operates exclusively for The benefit of, to perform The functions of, and to carry out The purposes of The following healthcare organizations which are affiliated with The corporation through The provision of financial and management assistance: The Carle Foundation hospital, Carle bromenn medical center, Carle eureka hospital, hoopeston community memorial hospital d/b/a Carle hoopeston regional health center, richland memorial hospital d/b/a Carle richland memorial hospital, The methodist medical center of Illinois d/b/a Carle health methodist hospital, proctor hospital d/b/a Carle health proctor hospital, pekin memorial hospital d/b/a Carle health pekin hospital, Carle health care incorporated d/b/a Carle physician group, The Carle development Foundation d/b/a Carle health center for philanthropy, or any other not-for-profit corporation that is or becomes affiliated with The corporation, or any of The health care organizations described in this section, which qualifies for exemption from federal income tax under section 501(c)(3) and as a public charity under sections 509(a)(1) or (2) of The code. The Carle Foundation: (a) serves as The parent corporation for an integrated health care delivery network (b) provides financing and management assistance to The organizations described above (c) acquires, owns, uses, leases as lessor or lessee, conveys and otherwise deals in and with real property and any interest therein, all in support of or in furtherance of The charitable purposes of The organizations described above (d) contracts with other organizations (for profit and not-for-profit), with individuals, and with governmental agencies in support of, or in furtherance of, The charitable purposes of The organizations described above and (e) owns or operates facilities or owns other assets for public use and welfare in furtherance of The charitable purposes of The organizations described above.

Grants made by The Carle Foundation

GranteeGrant descriptionAmount
Carle Center for PhilanthropyInternal Funding$2,349,329
THE Carle Foundation HospitalInternal Funding$278,340
Carle BroMenn Medical CenterInternal Funding$12,667

Who funds The Carle Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Carle Center for PhilanthropyPGRM Support & Research$361,352
Arthur Humes TuwGeneral Purpose$7,243

Personnel at The Carle Foundation

NameTitleCompensation
James Leonard, MDPresident , Chief Executive Officer$5,690,001
Lynette BarnesChief Operating Officer , Senior Vice President - Facilities / Chief Operating Officer - CFH and Senior Vice President - Facilities / Chief Operating Officer - CFH , Senior Vice President - Facilities / Chief Operating Officer - CFH , Senior Vice President - Women's Health / Senior Vice President - Hospital Operations and Hvi$405,709
Matthew Kolb, JD, MHAExecutive Vice President , Chief Operating Officer$1,567,332
Dennis HeschExecutive Vice President and Chief Financial Officer$1,395,995
Richard RinehartVice President , Information Technology and Chief Information Officer / Vice President - It and Chief Information Officer$612,255
...and 7 more key personnel

Financials for The Carle Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,004,763
Program services$529,712,604
Investment income and dividends$33,769,745
Tax-exempt bond proceeds$2,798,363
Royalty revenue$0
Net rental income$2,357,561
Net gain from sale of non-inventory assets$-741,234
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$6,476,010
Total revenues$575,377,812

Form 990s for The Carle Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-04-02990View PDF
...and 10 more Form 990s
Data update history
January 9, 2025
Posted financials
Added Form 990 for fiscal year 2023
September 21, 2024
Updated personnel
Identified 19 new personnel
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $7,243 from Arthur Humes Tuw
January 9, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 8, 2024
Updated personnel
Identified 5 new personnel
Nonprofit Types
Grantmaking organizationsHeadquarter / parent organizationsCharities
Issues
Health
Characteristics
Political advocacyProvides grantsLobbyingOperates internationallyReceives government fundingEndowed supportTax deductible donationsAccepts online donations
General information
Address
611 W Park St
Urbana, IL 61801
Metro area
Champaign-Urbana, IL
County
Champaign County, IL
Website URL
carle.org/ 
Phone
(217) 383-3311
IRS details
EIN
37-0673465
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1946
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T30: Public Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Central organization
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