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Tax Status Governance Fund Raising Financial

Name:	IMD Guest House Foundation
Address:	818 S. Wolcott Ave. (SRH Building) #303
	Chicago, IL 60612
Phone:	312-996-1167 312-996-0958
Web Address:	www.imdguesthouse.org

IMD Guest House Foundation meets the 20 Standards for Charity Accountability.

The IMD Guest House Foundation started in response to a critical need for affordable accommodations where family members can stay while their loved one receives medical treatment in the Illinois Medical District area. Seven days a week, 24 hours a day, 365 days a year, the Guest House serves people in need. The Guest House’s mission has expanded over time to include not only family members, but also the patients themselves, when they travel to Chicago for outpatient treatment. Each person who stays at the Guest House’s facilities is provided with comfortable, affordable accommodations for as long as they need it. The Guest House is the only such facility in Chicago that serves both children and adult patients, and families of children and adult patients, providing comfort and a safe haven at a time when energy must be directed to larger issues. Each of the hospitals in the Illinois Medical District is within walking distance of the Guest House’s accommodations.

For the fiscal year ended December 31, 2010, IMD Guest House Foundation's program expenses were:

Program Services	303,399
Total Program Expenses:	$303,399

Chief Executive : Michael Mayse, Executive Director

Compensation*:

$100,000

Chair of the Board: Board of Directors
Chair's Profession / Business Affiliation: Attorney

Board Size: 7

Paid Staff Size: 3

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Method(s) Used:

invitations to fund raising events, grant proposals, internet

Fund raising costs were 21% of related contributions. (Related contributions, which totaled $283,881, are donations received as a result of fund raising activities.)

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on IMD Guest House Foundation's audited financial statements for the fiscal year ended December 31, 2010.

Source of Funds
Sponsorships	219,871
In-Kind Contributions and support	107,138
Special Events	53,547
Public Support and Contribution	10,463
Interest Income	203
Total Income	$391,222

Uses of Funds as a % of Total Expenses

Programs: 75%  Fund Raising: 15%  Administrative: 10%

Total income				$391,222
	Program expenses			$303,399
	Fund raising expenses			60,682
	Administrative expenses			40,456
Total expenses				$404,537
Expenses in Excess of Income				(13,315)
Beginning net assets				1,199,390
Ending net assets				1,186,075
Total liabilities				12,231
Total assets				$1,198,306