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Nonprofit · EIN 04-6115524

DERMATOLOGY FOUNDATION

Tax-exempt · SKOKIE, IL 60077

Financials

$3.8M$5.9M2023$7.2M$6M2024
Revenue Expenses · by fiscal year end
Financials of DERMATOLOGY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$7,193,686$6,042,762$1,150,924$60,921,429$2,130,025$58,791,404
December 31, 2023990$3,819,593$5,860,244-$2,040,651$56,683,934$2,477,089$54,206,845
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$4,838,597
Program service revenue
$277,060
Investment income
$2,078,029
Net gain from sales of assets
$855,054
Other revenue
$0

Expenses

Grants and similar amounts paid
$2,517,672
Compensation of officers, directors and key employees
$814,182
Other salaries and wages
$371,326
Salaries, compensation and benefits (total)
$1,286,861
Professional fundraising fees
$0
Legal fees
$22,900
Accounting fees
$133,137
Occupancy
$177,601
Depreciation
$22,323
Program services (functional)
$4,557,635
Management and general (functional)
$359,114
Fundraising (functional)
$1,126,013

Balance sheet and other

Total assets, start of year
$56,683,934
Total assets, end of year
$60,921,429
Total liabilities, end of year
$2,130,025
Net assets, end of year
$58,791,404
Land, buildings and equipment
$17,564
Publicly traded securities
$56,828,581
Net assets without donor restrictions
$54,271,379
Net assets with donor restrictions
$4,520,025
Gross receipts
$10,376,679
Employees
10
Volunteers
100
Year formed
1964
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
JOHN BOURNASEXECUTIVE DIRECTOR
Officer
60$455,094$39,515
CHRISTINE BORISDEPUTY EXECUTIVE DIRECTOR
Officer
50$290,337$29,236
ELIZABETH I MCBURNEY MDCHAIR, BOARD OF DIRECTORS
Trustee or director, Officer
5$0$0
JANET A FAIRLEY MDPRESIDENT/DIRECTOR
Trustee or director, Officer
5$0$0
RENEE J MATHUR MDSECRETARY-TREASURER/DIRECTOR
Trustee or director, Officer
5$0$0
SEWON KANG MDVICE-PRESIDENT/DIRECTOR
Trustee or director, Officer
5$0$0
ERIC S FROMER MDDIRECTOR
Trustee or director
0.5$0$0
GEORGE COTSARELIS MDDIRECTOR
Trustee or director
0.5$0$0
GINETTE A OKOYEDIRECTOR
Trustee or director
0.5$0$0
JOHN T SEYKORA MDDIRECTOR
Trustee or director
0.5$0$0
JONATHAN S WEISS MDDIRECTOR
Trustee or director
0.5$0$0
KISHWER S NEHAL MDDIRECTOR
Trustee or director
0.5$0$0
STUART R LESSIN MDDIRECTOR
Trustee or director
0.5$0$0
YVONNE E CHIU MDDIRECTOR
Trustee or director
0.5$0$0
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensationOther / benefits
JOHN BOURNASEXECUTIVE DIRECTOR
Officer
60$428,387$33,546
CHRISTINE BORISDEPUTY EXECUTIVE DIRECTOR
Officer
50$286,587$27,178
JAMES STRUTHERSDIRECTOR OF DEVELOPMENT
Highest-paid employee
37.5$145,513$22,896
JANET A FAIRLEY MDPRESIDENT/DIRECTOR
Trustee or director, Officer
5$0$0
SEWON KANG MDVICE-PRESIDENT/DIRECTOR
Trustee or director, Officer
5$0$0
RENEE J MATHUR MDSECRETARY-TREASURER/DIRECTOR
Trustee or director, Officer
5$0$0
ELIZABETH I MCBURNEY MDCHAIR, BOARD OF DIRECTORS
Trustee or director, Officer
5$0$0
YVONNE E CHIU MDDIRECTOR
Trustee or director
0.5$0$0
GEORGE COTSARELIS MDDIRECTOR
Trustee or director
0.5$0$0
ERIC S FROMER MDDIRECTOR
Trustee or director
0.5$0$0
STUART R LESSIN MDDIRECTOR
Trustee or director
0.5$0$0
KISHWER S NEHAL MDDIRECTOR
Trustee or director
0.5$0$0
GINETTE A OKOYEDIRECTOR
Trustee or director
0.5$0$0
JOHN T SEYKORA MDDIRECTOR
Trustee or director
0.5$0$0
JONATHAN S WEISS MDDIRECTOR
Trustee or director
0.5$0$0

Address and contacts

Address (IRS master file)
5750 OLD ORCHARD RD STE 450, SKOKIE, IL 60077-1090
Principal officer (990 for 2024)
JOHN BOURNAS, 5750 OLD ORCHARD ROAD 450, SKOKIE, IL 600771090
Signed the 990
JOHN BOURNAS, EXECUTIVE DIRECTOR
Phone
(847) 328-2256
Return prepared by
PLANTE & MORAN PLLC

Mission

THE PRIMARY MISSION OF THE ORGANIZATION IS THE FUNDING OF RESEARCH IN THE FIELD OF DERMATOLOGY IN ORDER TO ADVANCE PATIENT CARE AND HELP DEVELOP AND RETAIN TOMORROW'S TEACHERS AND CLINICAL LEADERS IN THE SPECIALTY OF DERMATOLOGY.

990 for the year ended December 31, 2024

Program accomplishments

  • SCIENTIFIC STUDY AND RESEARCH IN THE FIELD OF DERMATOLOGY WHICH IS CONDUCTED THROUGH UNIVERSITIES AND COLLEGES.
    Expenses $4,557,635 · grants $2,517,672 · revenue $277,060

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
04-6115524
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1965
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$60,921,429
Income (IRS master file)
$10,376,679

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$7,193,686$6,042,762$60,921,429XML
990December 2023$3,819,593$5,860,244$56,683,934XML
990December 2022$5,234,566$5,215,378$53,178,028IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-6115524).

Questions about DERMATOLOGY FOUNDATION

What is the EIN of DERMATOLOGY FOUNDATION?
The employer identification number (EIN) of DERMATOLOGY FOUNDATION is 04-6115524.
Is DERMATOLOGY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1965.
Are donations to DERMATOLOGY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DERMATOLOGY FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of DERMATOLOGY FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DERMATOLOGY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of DERMATOLOGY FOUNDATION?
The 990 for the year ended December 31, 2024 names JOHN BOURNAS.
Who are the officers and directors of DERMATOLOGY FOUNDATION?
The 990 for the year ended December 31, 2024 lists 14 people; 2 received compensation from the organization, the highest $455,094 (JOHN BOURNAS, EXECUTIVE DIRECTOR).
How much revenue does DERMATOLOGY FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $7,193,686, expenses of $6,042,762 and total assets of $60,921,429 at year end.

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