IMD Guest House Foundation
Accredited Charity
Meets Standards
Accredited Charity
Meets Standards
Standards Legend
- Meets Standards
- Standards Not Met
- Did Not Disclose
- Review In Progress
- Unable to Verify
Standards For Charity Accountability
Governance
Measuring Effectiveness
Finances
Fundraising & Info
Conclusion
IMD Guest House Foundation meets the remaining 0 Standards for Charity Accountability.
Purpose
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Year, State Incorporated
1999, IL
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Stated Purpose
The IMD Guest House Foundation started in response to a critical need for affordable accommodations where patients and family members can stay while their loved one receives medical treatment in the Illinois Medical District area.
Programs
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.In 2012, they provided 2800 nights of service.
For the year ended December 31, 2014, IMD Guest House Foundation program expenses were:
| Program Expenses | $732,058 |
Governance & Staff
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CEO
Michael Mayse, Executive Director
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Compensation*
$126,730.00
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Board Chair
Lisa Saul
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Chair's Profession / Business Affiliation
attorney
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Board Size
22
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Paid Staff Size
8
Fundraising
Fundraising costs were 16% of related contributions. (Related contributions, which totaled $892,431, are donations received as a result of fundraising activities.)
Tax Status
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.
Financial
The following information is based on IMD Guest House Foundation's Audited financial statements - combined for the fiscal year ending December 31, 2014
Breakdown of Expenses
| Total Income | $957,611 |
| Total Expenses: | $976,079 |
| Program Expenses | $732,058 |
| Fundraising Expenses | $146,414 |
| Administrative Expenses | $97,607 |
| Expenses in Excess of Income | $18,468 |
| Beginning Net Assets | $1,361,737 |
| Ending Net Assets | $1,544,412 |
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