Nonprofit · EIN 82-5494819
CHESTNUT HEALTH QALICB INC
Tax-exempt · BLOOMINGTON, IL 61701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $371,800 | $687,777 | -$315,977 | $5,984,188 | $45,555 | $5,938,633 |
| June 30, 2024 | 990 | $362,950 | $619,042 | -$256,092 | $6,249,522 | $7,705,394 | -$1,455,872 |
| June 30, 2023 | 990 | $352,400 | $609,962 | -$257,562 | $6,500,063 | $7,699,843 | -$1,199,780 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $0
- Net rental income
- $371,800
- Other revenue
- $371,800
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $5,000
- Depreciation
- $255,613
- Program services (functional)
- $682,762
- Management and general (functional)
- $5,015
Balance sheet and other
- Total assets, start of year
- $6,249,522
- Total assets, end of year
- $5,984,188
- Total liabilities, end of year
- $45,555
- Net assets, end of year
- $5,938,633
- Land, buildings and equipment
- $5,984,188
- Net assets without donor restrictions
- $5,938,633
- Gross receipts
- $371,800
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2018
- State of legal domicile
- IL
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DAVID SHARAR | CHAIR OF THE BOARD Trustee or director, Officer | 1 | $0 | $701,817 | $55,544 |
| KAREN RETTICK | TREASURER Trustee or director, Officer | 1 | $0 | $420,451 | $82,346 |
| PUNEET LEEKHA | VICE-CHAIR OF THE BOARD Trustee or director, Officer | 1 | $0 | $378,848 | $103,315 |
| ALAN SENDER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| AARON QUICK | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DAVID SHARAR | CHAIR OF THE BOARD Trustee or director, Officer | 1 | $0 | $363,716 | $138,688 |
| PUNEET LEEKHA | VICE-CHAIR OF THE BOARD Trustee or director, Officer | 1 | $0 | $334,005 | $87,452 |
| KAREN RETTICK | TREASURER Trustee or director, Officer | 1 | $0 | $249,971 | $70,865 |
| ALAN SENDER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| AARON QUICK | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 5 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DAVID SHARAR | CHAIR OF THE BOARD Trustee or director, Officer | 1 | $0 | $358,100 | $89,888 |
| PUNEET LEEKHA | VICE-CHAIR OF THE BOARD Trustee or director, Officer | 1 | $0 | $313,109 | $60,158 |
| KAREN RETTICK | TREASURER Trustee or director, Officer | 1 | $0 | $247,359 | $63,429 |
| ALAN SENDER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| AARON QUICK | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1003 MARTIN LUTHER KING DR, BLOOMINGTON, IL 61701-1429
- Principal officer (990 for 2024)
- DAVID SHARAR, 1003 MARTIN LUTHER KING DRIVE, BLOOMINGTON, IL 61701
- Signed the 990
- PUNEET LEEKHA, VICE CHAIR OF THE BOARD & CEO
- Phone
- (309) 827-6026
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
CHESTNUT HEALTH QALICB, INC IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE BENEFIT OF CHESTNUT HEALTH SYSTEMS, INC. CHESTNUT HEALTH QALICB, INC'S PURPOSE IS TO HOLD, IMPROVE, AND LEASE REAL PROPERTY TO CHESTNUT HEALTH SYSTEMS, INC. IN FURTHERANCE OF ITS EXEMPT PURPOSE.
Program accomplishments
- BUILDING LEASE TO CHESTNUT HEALTH SYSTEMS, INC.Expenses $682,762 · revenue $371,800
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 82-5494819
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2019
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E20)
- Assets (IRS master file)
- $5,984,188
- Income (IRS master file)
- $371,800
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $371,800 | $687,777 | $5,984,188 | IRS |
| 990 | June 2024 | $362,950 | $619,042 | $6,249,522 | XML |
| 990 | June 2023 | $352,400 | $609,962 | $6,500,063 | XML |
| 990 | June 2022 | $340,150 | $598,027 | $6,752,074 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | 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 82-5494819).
Questions about CHESTNUT HEALTH QALICB INC
- What is the EIN of CHESTNUT HEALTH QALICB INC?
- The employer identification number (EIN) of CHESTNUT HEALTH QALICB INC is 82-5494819.
- Is CHESTNUT HEALTH QALICB INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to CHESTNUT HEALTH QALICB INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does CHESTNUT HEALTH QALICB INC 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 CHESTNUT HEALTH QALICB INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CHESTNUT HEALTH QALICB INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of CHESTNUT HEALTH QALICB INC?
- The 990 for the year ended June 30, 2025 names DAVID SHARAR.
- Who are the officers and directors of CHESTNUT HEALTH QALICB INC?
- The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does CHESTNUT HEALTH QALICB INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $371,800, expenses of $687,777 and total assets of $5,984,188 at year end.
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