Carle Development Foundation
Also known as CARLE CENTER FOR PHILANTHROPY Carle Health Center for Philanthropy
Carle Development Foundation reported $17.4 million in revenue and $17.8 million in expenses for calendar year 2024. Of every $100 it spent, $83.17 went to program services, $0.87 to management and general costs and $15.96 to fundraising. Its largest source of revenue was contributions and grants: 76.2% of the total. The highest compensation it reported for one person was $2,348,482 (Ex Officio, Voting // President & CEO). 7 people received more than $100,000 in reportable compensation. Revenue rose 226% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $18MFor context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $17M- Contributions & grants (non-government)$75.67 $13M
- Government grants$0.08 $13,634
- Investment income$24.25 $4.2M
Other revenue was negative: −$105K. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 83.2% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 0.9% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 16.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.21 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 76.2% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.1% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $2,348,482 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 13.19% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 7 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 64.1 | 6.6 |
| Independent voting board members Part VI 1a–1b | 9 of 12 | 88.9% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseGreater 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
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
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
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| Ex Officio, Voting // President & CEO Director/trustee, officer, 1.5 hrs/week | $0 | $2,298,226 | $50,256 | $2,348,482 |
| Officer - President, Carle Health Regions // EVP, COO Officer, 1.0 hrs/week | $0 | $1,418,629 | $333,703 | $1,752,332 |
| Officer - EVP, Chief Finance & Strategy Officer Officer, 1.0 hrs/week | $0 | $1,175,110 | $332,566 | $1,507,676 |
| EVP, Chief Human Resources Officer Key employee, 1.0 hrs/week | $0 | $878,588 | $105,168 | $983,756 |
| VP, Finance - West Region Key employee, 1.0 hrs/week | $0 | $375,119 | $72,807 | $447,926 |
| BOARD MEMBER // VP, Center for Philanthropy Director/trustee, 39.0 hrs/week | $0 | $378,449 | $60,862 | $439,311 |
| VP, Construction & Facility Services Key employee, 1.0 hrs/week | $0 | $303,209 | $84,556 | $387,765 |
| VP, BroMenn & Eureka Development Key employee, 40.0 hrs/week | $184,688 | $0 | $46,482 | $231,170 |
7 people received more than $100,000 in reportable compensation from Carle Development Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $366K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b12 · 9 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 532
- Volunteers Part I, line 6368
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses onlyIndividuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.
Private foundation grants it received
3 private foundations reported grants to Carle Development Foundation totaling $67,635 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Carle Development Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Carle Development Foundation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Carle Development Foundation spent in 2024, $83.17 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of Carle Development Foundation's spending goes to programs?
In calendar year 2024, Carle Development Foundation reported that 83.2% of its $17.8 million in expenses went to program services, 0.9% to management and general and 16.0% to fundraising (Form 990, Part IX).
How much does Carle Development Foundation pay its top executive?
The largest total compensation Carle Development Foundation reported for one person in calendar year 2024 was $2,348,482, for the role of Ex Officio, Voting // President & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Carle Development Foundation get its money?
Of $17.4 million in revenue in calendar year 2024, 76.2% came from contributions and grants (including 0.1% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).
Is Carle Development Foundation a registered charity?
The IRS lists EIN 37-1159978 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202503199349302960 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202433209349316868 · read the filing
- 2022: Form 990 for calendar year 2022, object 202313199349318481 · read the filing
- 2021: Form 990 for calendar year 2021, object 202243199349322779 · read the filing
- 2020: Form 990 for calendar year 2020, object 202103099349304325 · read the filing
- 2019: Form 990 for calendar year 2019, object 202003219349312915 · read the filing
All filings for EIN 37-1159978: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.