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Nonprofit · EIN 20-5253008

HEALTHCARE FOUNDATION OF NORTHERN LAKE COUNTY

Tax-exempt · GRAYSLAKE, IL 60030

Financials

$3.5M$3.5M2022$2.1M$3.3M2023
Revenue Expenses · by fiscal year end
Financials of HEALTHCARE FOUNDATION OF NORTHERN LAKE COUNTY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
May 31, 2024990-PF$2,103,998$3,287,347-$1,183,349$67,247,985$1,841,863$65,406,122
May 31, 2023990-PF$3,504,146$3,454,479$49,667$60,664,628$1,694,518$58,970,110
Financial details: 990-PF for the year ended May 31, 2024

Revenue

Dividends
$1,460,381
Net gain from sales of assets
$627,258
Other income
$16,359

Expenses

Grants and similar amounts paid
$2,457,767
Compensation of officers, directors and key employees
$235,946
Salaries, compensation and benefits (total)
$216,908
Disbursements for charitable purposes
$2,906,105
Excise tax on investment income
$26,686

Balance sheet and other

Total assets, start of year
$60,664,628
Total assets, end of year
$67,247,985
Total liabilities, end of year
$1,841,863
Net assets, end of year
$65,406,122
Fair market value of assets
$67,245,868
Qualifying distributions
$2,906,105
Net investment income
$2,103,998

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-PF for the year ended May 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
VENONCIA BATE-AMBRUS
C/O HEALTHCARE FDN OF NLC, GRAYSLAKE, IL 60030
EXECUTIVE DI40$235,946$30,392
ANGELA BARAN
C/O HEALTHCARE FDN OF NLC, GRAYSLAKE, IL 60030
SR PROGRAM O
Highest-paid employee
40$125,052$16,095
MEREDITH POLIRER
C/O HEALTHCARE FDN OF NLC, GRAYSLAKE, IL 60030
BUSINESS OP
Highest-paid employee
40$91,856$11,824
FRANCES BAXLEY MD
C/O HEALTHCARE FDN OF NLC, GRAYSLAKE, IL 60030
CHAIR5$0$0
LAURA RAMIREZ
C/O HEALTHCARE FDN OF NLC, GRAYSLAKE, IL 60030
VICE CHAIR5$0$0
CASANDRA SLADE
C/O HEALTHCARE FDN OF NLC, GRAYSLAKE, IL 60030
TREASURER5$0$0
MICHAEL DUFFY
C/O HEALTHCARE FDN OF NLC, GRAYSLAKE, IL 60030
SECRETARY5$0$0
CAROL SONNENSCHEIN PHD
C/O HEALTHCARE FDN OF NLC, GRAYSLAKE, IL 60030
BOARD OFC AT5$0$0
MYLEENE SUNGA BOSCH
C/O HEALTHCARE FDN OF NLC, GRAYSLAKE, IL 60030
DIRECTOR1$0$0
MEGAN BRADY
C/O HEALTHCARE FDN OF NLC, GRAYSLAKE, IL 60030
DIRECTOR1$0$0
MELISSA CHEN
C/O HEALTHCARE FDN OF NLC, GRAYSLAKE, IL 60030
DIRECTOR1$0$0
IGAEL HAMBURG
C/O HEALTHCARE FDN OF NLC, GRAYSLAKE, IL 60030
DIRECTOR1$0$0
SAM JOHNSON
C/O HEALTHCARE FDN OF NLC, GRAYSLAKE, IL 60030
DIRECTOR1$0$0
MAGDALENA MCELROY
C/O HEALTHCARE FDN OF NLC, GRAYSLAKE, IL 60030
DIRECTOR1$0$0
JOHN REAKES
C/O HEALTHCARE FDN OF NLC, GRAYSLAKE, IL 60030
DIRECTOR1$0$0
990-PF for the year ended May 31, 2023: 16 people
NameTitleHours / weekCompensationOther / benefits
Venoncia M Bate-Ambrus PhD MS
c/o Healthcare Fdn of Northern Lake, Cnty 1200 University Ctr Dr 333, Grayslake, IL 60030
Executive Director40$224,400$53,555
Angela Baran MS
c/o Healthcare Fdn of NLC, Grayslake, IL 60030
Senior Program Offcr
Highest-paid employee
40$107,854$25,835
Meredith Polirer
c/o Healthcare Fdn of NLC, Grayslake, IL 60030
Assoc Bus Op Manager
Highest-paid employee
40$87,697$23,614
Frances Baxley MD
c/o Healthcare Fdn of Northern Lake, Cnty 1200 University Ctr Dr 333, Grayslake, IL 60030
Chair/Director5$0$0
Laura Ramirez BA
c/o Healthcare Fdn of Northern Lake, Cnty 1200 University Ctr Dr 333, Grayslake, IL 60030
Vice Chair/Director5$0$0
Dave Hatton CFP
c/o Healthcare Fdn of Northern Lake, Cnty 1200 University Ctr Dr 333, Grayslake, IL 60030
Treasurer/Director5$0$0
Casandra Slade
c/o Healthcare Fdn of Northern Lake, Cnty 1200 University Ctr Dr 333, Grayslake, IL 60030
Secretary/Director5$0$0
Magdalena McElroy RN LCSW
c/o Healthcare Fdn of Northern Lake, Cnty 1200 University Ctr Dr 333, Grayslake, IL 60030
Director1$0$0
Carol Sonnenschein MA PhD
c/o Healthcare Fdn of Northern Lake, Cnty 1200 University Ctr Dr 333, Grayslake, IL 60030
Director1$0$0
Michael Duffy
c/o Healthcare Fdn of Northern Lake, Cnty 1200 University Ctr Dr 333, Grayslake, IL 60030
Director1$0$0
Melissa Chen MD
c/o Healthcare Fdn of Northern Lake, Cnty 1200 University Ctr Dr 333, Grayslake, IL 60030
Director1$0$0
Igael Hamburg
c/o Healthcare Fdn of Northern Lake, Cnty 1200 University Ctr Dr 333, Grayslake, IL 60030
Director1$0$0
Scott McLellan
c/o Healthcare Fdn of Northern Lake, Cnty 1200 University Ctr Dr 333, Grayslake, IL 60030
Director1$0$0
Sam Johnson MBA LCPC RDDP
c/o Healthcare Fdn of Northern Lake, Cnty 1200 University Ctr Dr 333, Grayslake, IL 60030
Director1$0$0
Luis Berrones
c/o Healthcare Fdn of Northern Lake, Cnty 1200 University Ctr Dr 333, Grayslake, IL 60030
Director1$0$0
Nancy Waites
c/o Healthcare Fdn of Northern Lake, Cnty 1200 University Ctr Dr 333, Grayslake, IL 60030
Director1$0$0

Address and contacts

Address (IRS master file)
1200 UNIVERSITY CENTER DR, GRAYSLAKE, IL 60030-2614
Signed the 990-PF
VENONCIA BATE-AMBRUS, EXECUTIVE DIRECTOR
Phone
(847) 377-0525
Return prepared by
PRYSTAWSKY & CO CPAS LLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025May 31, 2026October 15, 2026Not on file
2024May 31, 2025October 15, 2025Not on file
2023May 31, 2024October 15, 2024990-PF on file

IRS record

EIN
20-5253008
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2007
Accounting year ends
May
Files
Form 990-PF
Assets (IRS master file)
$67,247,985
Income (IRS master file)
$16,154,715

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFMay 2024$2,103,998$3,287,347$67,247,985IRS
990-PFMay 2023$3,504,146$3,454,479$60,664,628XML
990-PFMay 2022–––IRS
990-PFMay 2021–––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 20-5253008).

Questions about HEALTHCARE FOUNDATION OF NORTHERN LAKE COUNTY

What is the EIN of HEALTHCARE FOUNDATION OF NORTHERN LAKE COUNTY?
The employer identification number (EIN) of HEALTHCARE FOUNDATION OF NORTHERN LAKE COUNTY is 20-5253008.
Is HEALTHCARE FOUNDATION OF NORTHERN LAKE COUNTY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to HEALTHCARE FOUNDATION OF NORTHERN LAKE COUNTY tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does HEALTHCARE FOUNDATION OF NORTHERN LAKE COUNTY file?
Form 990-PF. Private foundations file every year.
When is the next return of HEALTHCARE FOUNDATION OF NORTHERN LAKE COUNTY due?
The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HEALTHCARE FOUNDATION OF NORTHERN LAKE COUNTY last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended May 2024.
Who are the officers and directors of HEALTHCARE FOUNDATION OF NORTHERN LAKE COUNTY?
The 990-PF for the year ended May 31, 2024 lists 15 people; 3 received compensation from the organization, the highest $235,946 (VENONCIA BATE-AMBRUS, EXECUTIVE DI).
How much revenue does HEALTHCARE FOUNDATION OF NORTHERN LAKE COUNTY have?
On its 990-PF for the year ended May 31, 2024 it reported revenue of $2,103,998, expenses of $3,287,347 and total assets of $67,247,985 at year end.

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