Skip to main content

Nonprofit · EIN 45-4253575

HEALTHCARE EDUCATION RESEARCH AND INNOVATION FOUNDATION LTD

Also known as HERIF

Tax-exempt (reinstated) · OAK PARK, IL 60302

Financials

$203K$198K2023$183K$426K2024$35K$260K2025
Revenue Expenses · by fiscal year end
Financials of HEALTHCARE EDUCATION RESEARCH AND INNOVATION FOUNDATION LTD by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$35,183$260,234-$225,051$792,314$10,824$781,490
December 31, 2024990$182,985$425,616-$242,631$1,026,561$20,020$1,006,541
December 31, 2023990$202,785$197,917$4,868$1,289,173$40,001$1,249,172
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$10,000
Program service revenue
$0
Investment income
$25,183
Other revenue
$0

Expenses

Grants and similar amounts paid
$26,532
Compensation of officers, directors and key employees
$0
Other salaries and wages
$126,404
Salaries, compensation and benefits (total)
$136,089
Professional fundraising fees
$0
Legal fees
$8,381
Accounting fees
$22,170
Occupancy
$7,200
Travel
$45
Program services (functional)
$87,709
Management and general (functional)
$81,850
Fundraising (functional)
$90,675

Balance sheet and other

Total assets, start of year
$1,026,561
Total assets, end of year
$792,314
Total liabilities, end of year
$10,824
Net assets, end of year
$781,490
Net assets without donor restrictions
$711,490
Net assets with donor restrictions
$70,000
Gross receipts
$35,183
Employees
4
Year formed
2011

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
DHERRAJ MAHAJANPresident & CEO
Trustee or director, Officer
0$0
ROBERT BAUERSCHMIDTDirector
Trustee or director
0$0
EDWARD CUCCITreasurer
Trustee or director, Officer
0$0
DAN ROMANExecutive Dir.
Trustee or director, Officer
10$0
JILL BUSHDirector
Trustee or director
0$0
EMILY H HERRERADIRECTOR OF DEVELOPMENT & PROGRAMS40$0
990 for the year ended December 31, 2024: 6 people
NameTitleHours / weekCompensation
EMILY H HERRERADIRECTOR OF DEVELOPMENT & PROGRAMS40$97,250
DHERRAJ MAHAJANPresident & CEO
Trustee or director, Officer
0$0
ROBERT BAUERSCHMIDTDirector
Trustee or director
0$0
EDWARD CUCCITreasurer
Trustee or director, Officer
0$0
DAN ROMANExecutive Dir.
Trustee or director, Officer
10$0
JILL BUSHDirector
Trustee or director
0$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
EMILY H HERRERADIRECTOR OF DEVELOPMENT & PROGRAMS40$59,834
DHERRAJ MAHAJANPresident & CEO
Trustee or director, Officer
0$0
ROBERT BAUERSCHMIDTDirector
Trustee or director
0$0
EDWARD CUCCITreasurer
Trustee or director, Officer
0$0
DAN ROMANExecutive Dir.
Trustee or director, Officer
10$0
JILL BUSHDirector
Trustee or director
0$0

Address and contacts

Address (IRS master file)
101 MADISON ST STE 300, OAK PARK, IL 60302-4210
In care of
% EDWARD A CUCCI
Principal officer (990 for 2025)
DAN ROMAN, 101 MADISON ST 300, OAK PARK, IL 60302
Signed the 990
DAN ROMAN, EXECUTIVE DIRECTOR
Return prepared by
GEORGE J BAHRAMIS & CO PC

Mission

Purpose is to develop and support high impact programs that seek to transform patient-centered care for individual, families and communities.We provide resources, support and partnerships that enable healthcare and social professionals to enhance their skills, knowledge, and expertise while fostering innovations and research that drives new discoveries and improves outcomes.Through collaboration with passionate leaders and thoughtful execution, HERIF supports our partners goals to make a positive difference in the quality and efficiency of healthcare, especially in non-institutional settings and areas of health inequity.

990 for the year ended December 31, 2025

Program accomplishments

  • In the future we will focus on education, research and innovation that fight against illnesses and health challenges to improve patient care and outcomes.
    Expenses $87,709

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
45-4253575
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
2023
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Health care (E32)
Assets (IRS master file)
$792,314
Income (IRS master file)
$35,183

Revocation and reinstatement

Exemption revoked
May 15, 2015
Posted by the IRS
August 10, 2015
Reinstated
Effective December 15, 2022

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$35,183$260,234$792,314XML
990December 2024$182,985$425,616$1,026,561IRS
990December 2023$202,785$197,917$1,289,173XML
990December 2022$1,250,000$5,696$1,250,000IRS

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 45-4253575).

Questions about HEALTHCARE EDUCATION RESEARCH AND INNOVATION FOUNDATION LTD

What is the EIN of HEALTHCARE EDUCATION RESEARCH AND INNOVATION FOUNDATION LTD?
The employer identification number (EIN) of HEALTHCARE EDUCATION RESEARCH AND INNOVATION FOUNDATION LTD is 45-4253575.
Is HEALTHCARE EDUCATION RESEARCH AND INNOVATION FOUNDATION LTD tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2015 and reinstated it effective December 15, 2022.
Are donations to HEALTHCARE EDUCATION RESEARCH AND INNOVATION FOUNDATION LTD tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HEALTHCARE EDUCATION RESEARCH AND INNOVATION FOUNDATION LTD file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of HEALTHCARE EDUCATION RESEARCH AND INNOVATION FOUNDATION LTD due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HEALTHCARE EDUCATION RESEARCH AND INNOVATION FOUNDATION LTD last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of HEALTHCARE EDUCATION RESEARCH AND INNOVATION FOUNDATION LTD?
The 990 for the year ended December 31, 2025 names DAN ROMAN.
Who are the officers and directors of HEALTHCARE EDUCATION RESEARCH AND INNOVATION FOUNDATION LTD?
The 990 for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does HEALTHCARE EDUCATION RESEARCH AND INNOVATION FOUNDATION LTD have?
On its 990 for the year ended December 31, 2025 it reported revenue of $35,183, expenses of $260,234 and total assets of $792,314 at year end.

Other nonprofits in OAK PARK

All nonprofits in OAK PARK · Illinois · Health care