2012-11-15T12:28:26-06:00 2011-12-31 ERNST & YOUNG US LLP 111 MONUMENT CIRCLE SUITE 2600 INDIANAPOLIS IN 46204 990 2011-01-01 371159978 CARLE DEVELOPMENT FOUNDATION % DENNIS HESCH CFO/EXEC VP CARL 2173833311 611 W Park Street Urbana IL 618012595 DENNIS P HESCH 2012-11-15 3176817000 2011 2016-02-24 21:20:13Z Dennis Hesch Exec VP CFO 611 W Park St Urbana IL 61801 5366629 false X WWW.CARLE.ORG X 1982 IL TO RAISE FUNDS TO SUPPORT THE CARLE FOUNDATION MISSION. 14 9 14 0 0 0 980316 2392196 0 0 211909 412576 -14606 -12958 1177619 2791814 928431 1208047 0 0 455016 938387 7611 17050 1480260 287785 549541 1678843 2713025 -501224 78789 13433560 12990008 596076 484299 12837484 12505709 X TO RAISE FUNDS FROM THE PUBLIC AND OTHER SOURCES, MAINTAIN SUCH FUNDS, AND AS APPROPRIATE, EXPEND PRINCIPAL AND INCOME TO SUPPORT THE CARLE FOUNDATION MISSION, WHICH IS TO PROVIDE HIGH QUALITY HEALTH CARE, MEDICAL RESEARCH AND EDUCATION IN CENTRAL ILLINOIS. false false 135932 135932 0 Expanding Children's Hearing Opportunities (ECHO) program - Carle's ECHO building is devoted to children with hearing loss. It continues to rely on charitable support to offset operational costs. This state-of-the-art facility houses the children's Pediatric hearing Center and Carle Auditory Oral School. On the first floor, children are diagnosed with and treated for hearing loss. On the second floor, children with hearing loss learn side-by-side with classmates who have no hearing deficit. 103399 103399 0 Carle Heart and Vascular Institute - When complete in 2013, a new nine-story medical tower on Carle's Urbana campus will house the Carle Heart and Vascular Institute. This facility will enhance and consolidate services for cardiothoracic surgery, vascular surgery, cardiology, neurosciences and intensive care allowing Carle to better address emergent, acute and chronic conditions. Dollars raised for cardiac treatment and research offset construction costs and supported an interventional radiology seminar. 100583 100583 0 Carle Auxiliary Guest House - The Carle Auxiliary Guest House is a home away from home for families of critically ill or injured hospital patients. Since January 2003, more than 15,000 guests have been welcomed at the Guest House. Charitable donations are used to cover the operational costs of the Guest House, keeping the cost of service free to guests, family and friends close to their hospitalized loved ones. 868133 868133 0 VARIOUS PROGRAM SERVICES TO SUPPORT 868133 868133 0 1208047 true true false false false false false false true true false false false true true false true false false false false false true true false false true true true false false false false false false true false false false false false false true true true false false true X 11 0 true 14 true false false false false false true true false false false false X 14 9 true false false false true true true true true false false true true true true true true true true false IL X X DENNIS HESCH CFOEXEC VP 2173833311 611 W PARK ST URBANA IL 618012595 X Marty Smith 1.0 X X 0 0 0 Mary McGrath 1.0 X X 0 0 0 Bud Leister 0.5 X X 0 0 0 Craig Bazzani 1.0 X 0 0 0 Greg Lykins 1.0 X 0 0 0 Joe Barkmeier MD 0.5 X 0 567569 50548 George Timmons 0.2 X 0 0 0 Tom Harrington Jr 0.2 X 0 0 0 Van Dukeman 0.2 X 0 0 0 R Bruce Wellman MD 0.0 X X 0 805580 226995 James C Leonard MD 5.0 X X 0 1040335 246421 Phil Blankenburg 0.2 X 0 0 0 Vanna Cunningham 0.2 X 0 0 0 Judi Baylor 0.2 X 0 0 0 E Phillips Knox 0.6 X 0 0 0 Doug Mills 0.2 X 0 0 0 Donna Greene 0.5 X 0 0 0 John Snyder 0.2 X 0 640038 160811 Dennis Hesch 1.0 X 0 510086 139104 Robert Driver 35.0 X 216991 0 62811 Linda Myette 40.0 X 104029 0 8347 Robert Tonkinson 0.0 X 0 309933 0 321020 3873541 895037 2 true true false LINCOLN UNIVERSITY HOLDINGS LLC 180 NORTH STETSON SUITE 3500 CHICAGO IL 60601 SPACE LEASING 135285 1 162250 2229946 10077 2392196 0 217593 217593 0 0 2682874 39138 2430829 96200 252045 -57062 194983 194983 34828 162250 47786 -12958 -12958 0 0 0 2791814 0 399618 1140639 1140639 67408 67408 0 0 274993 274993 74564 74564 495980 495980 23362 23362 32310 32310 37178 37178 0 0 0 0 17050 17050 22814 1422 21392 41723 41723 112385 112385 137119 137119 21944 21944 0 138830 138830 8165 8165 0 340 340 0 0 37132 37132 0 ANNUITY PAYMENTS & EXPENSES 23296 23296 MISCELLANEOUS EXPENSE 5793 5793 2713025 1208047 24718 1480260 1425 100 68216 123520 1084623 1400344 0 0 0 0 0 0 0 0 0 0 15015 15067 930840 164832 902373 766008 11031316 10046864 307711 324861 0 0 0 0 22881 313244 13433560 12990008 127897 228509 0 0 0 0 0 0 0 0 0 0 0 0 0 0 468179 255790 596076 484299 X 5789239 4575755 5876100 6679045 1172145 1250909 12837484 12505709 13433560 12990008 X 78789 -410564 X X false true true X false X 3642523 1329292 1217405 980316 2392196 9561732 3642523 1329292 1217405 980316 2392196 9561732 5087258 4474474 459251 199471 239335 98905 217593 1214555 10776287 213616 0.41522 0.79953 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1172145 78764 1250909 1098271 73874 1172145 1093432 4839 1098271 1245581 40633 192782 1093432 0.00000 1.00000 0.00000 false false 435065 435065 0 0 0 363826 80975 282851 131949 83857 48092 0 0 0 766008 0 Annuities Payable 255790 255790 Fin 48 Schedule D, Supplemental Information The guidance on accounting for uncertainty in income taxes prescribes a more-likely-than-not recognition threshold and measurement attribute for financial statement recognition of a tax position taken or expected to be taken. There were no uncertain tax benefits identified or recorded as a liability as of December 31, 2010 or December 31, 2011. Endowments Schedule D, Part V, Question 4 The organization has sixteen endowments, ranging in amounts from approximately $5K to $300K. The purposes designated by the donors vary, but consist of support for cancer research, the Carle Guest House, continued education for various professional staff and other healthcare related purposes. X X X X X false IL Golf outing 197078 162250 34828 16050 1571 17619 9546 3000 0 197078 162250 34828 16050 1571 17619 9546 3000 47786 -12958 true CARLE FOUNDATION HOSPITAL AND AFFILIATES 611 W PARK ST URBANA IL 61801 371119538 501(C)(3) 1082939 See Part IV FRANCES NELSON HEALTHCARE CENTER 819 BLOOMINGTON RD CHAMPAIGN IL 61820 370961830 501(C)(3) 25412 See Part IV UNIVERSITY OF ILLINOIS 505 EAST GREEN STREET SUITE 204 CHAMPAIGN IL 61820 376000511 501(C)(3) 21188 See Part IV Smile Healthy PO Box 154 CHAMPAIGN IL 61824 141880824 501(C)(3) 11000 See Part IV 4 0 CHARITY CARE 3550 61608 SCHOLARSHIPS 13 5800 Form 990, Schedule I SCHEDULE I, PART II, ADDITIONAL INFORMATION PURPOSE OF GRANTS CARLE FOUNDATION HOSPITAL AND AFFILIATES THERE ARE NUMEROUS PURPOSES INCLUDING BUT NOT LIMITED TO; THE PROGRAM SERVICE ACTIVITIES LISTED IN PART III OF THIS 990 AND THE OTHER PROGRAM SERVICES LISTED IN SCHEDULE O. THE GLOBAL PURPOSE OF THESE GRANTS IS TO SUPPORT THE CARLE FOUNDATION MISSION TO SUPPLY HIGH QUALITY HEALTHCARE, MEDICAL RESEARCH AND EDUCATION IN CENTRAL ILLINOIS. FRANCES NELSON HEALTHCARE CENTER THE PRIMARY PURPOSE OF THIS GRANT IS TO SUPPORT THE ASTHMA EDUCATION PROGRAM PROVIDED BY FRANCES NELSON, A HEALTHCARE FACILITY WORKING WITH INDIGENT PATIENTS. UNIVERSITY OF ILLINOIS TO PROVIDE SUPPORT TO VARIOUS RESEARCH PROJECTS. SMILE HEALTHY TO PROVIDE SUPPORT FOR LOW INCOME INDIVIDUALS WHO NEED DENTISTRY WORK DONE. DESCRIPTION OF ORGANIZATION'S PROCEDURES FOR MONITORING THE USE OF GRANTS THE MAJORITY OF THE GRANTS ARE FOR THE CARLE FOUNDATION AND ITS AFFILIATES AND/OR THE COMMUNITY IN WHICH IT IS LOCATED. ANYONE WISHING TO REQUEST FUNDS IS REQUIRED TO COMPLETE A CARLE DEVELOPMENT REQUEST FORM. THE FORM REQUIRES A DETAILED DESCRIPTION OF THE PURPOSE OF THE EXPENDITURE AMONG MANY OTHER ITEMS SUCH AS REQUESTOR'S NAME, AMOUNT OF THE REQUEST, ETC. THE REQUESTS ARE REVIEWED BY THE APPROPRIATE FUND DEVELOPMENT STAFF TO DETERMINE IF THERE ARE FUNDS AVAILABLE FOR THE NOTED PURPOSE AND TO EVALUATE THE OVERALL REASONABLENESS OF THE REQUEST. ACCOUNTING THEN PROCESSES PROPERLY APPROVED REQUESTS. Form 990, Schedule I Description of Procedures to Estimate Number of Charity Care Recipients An estimate of the persons served was calculated by the Foundation's Case Management Director based on information received on each charity case. true false false false false false false false false Joe Barkmeier MD 0 535847 0 0 0 31722 0 39782 0 10766 0 618117 0 0 R Bruce Wellman MD 0 664501 0 116375 0 24704 0 216931 0 10064 0 1032575 0 0 James C Leonard MD 0 811190 0 165375 0 63770 0 229762 0 16659 0 1286756 0 0 John Snyder 0 517644 0 76197 0 46197 0 142807 0 18004 0 800849 0 0 Dennis Hesch 0 420264 0 62125 0 27697 0 120254 0 18850 0 649190 0 0 Robert Driver 176121 0 15750 0 25120 0 43427 0 19384 0 279802 0 14577 0 Robert Tonkinson 0 6220 0 0 0 303713 0 0 0 0 0 309933 0 122321 Supplemental Compensation Information FORM 990, SCHEDULE J, PART 1, QUESTION 3 THE BOARD OF TRUSTEES OF THE CARLE FOUNDATION, THE PARENT COMPANY OF THE CARLE DEVELOPMENT FOUNDATION, THROUGH ITS COMPENSATION COMMITTEE COMPRISED OF INDEPENDENT MEMBERS FREE OF CONFLICT, ANNUALLY REVIEWS EXECUTIVE COMPENSATION LEVELS AND ESTABLISHES APPROPRIATE SALARY RANGES AND OTHER FEATURES OF THE COMPENSATION PLAN IN ACCORDANCE WITH THE ORGANIZATION'S APPROVED COMPENSATION PHILOSOPHY AND STRATEGY: * THE COMMITTEE IS COMPRISED OF MEMBERS OF THE BOARD OF TRUSTEES, WHO ARE INDEPENDENT OF THE CARLE FOUNDATION MANAGEMENT, HAVE NO PERSONAL INTEREST IN THE COMPENSATION ARRANGEMENTS, ARE NOT RELATED TO, OR UNDER THE CONTROL OF ANY INDIVIDUAL WHOSE COMPENSATION ARRANGEMENT IS BEING REVIEWED, AND HAVE NO MATERIAL BUSINESS RELATIONSHIP WITH THE CARLE FOUNDATION. * THE CHIEF EXECUTIVE OFFICER'S COMPENSATION IS DETERMINED BY THE COMPENSATION COMMITTEE IN RELATION TO APPROPRIATE COMPARABILITY DATA. COMPENSATION FOR OTHER MEMBERS OF THE EXECUTIVE STAFF IS DEVELOPED BY THE CEO, EVALUATED AGAINST MARKET DATA, AND REVIEWED AND APPROVED BY THE COMMITTEE. * THE COMMITTEE APPROVES ALL COMPENSATION DECISIONS IN ADVANCE OF THEIR IMPLEMENTATION AND DOCUMENTS ITS DETERMINATIONS AND DISCUSSIONS. * THE COMPENSATION COMMITTEE USES A NUMBER OF EXTERNAL RESOURCES AND COMPARISONS, AND ITS ANALYSIS INCLUDES TOTAL COMPENSATION (CASH COMPENSATION PLUS BENEFITS PROVIDED BY THE CARLE FOUNDATION) IN RELATION TO ORGANIZATIONAL PERFORMANCE AND PREVAILING INDUSTRY PRACTICES FOR LIKE RESPONSIBILITIES AT COMPARABLY-SIZED ORGANIZATIONS. THE COMMITTEE HAS ENGAGED THE SERVICES OF A COMPENSATION CONSULTING FIRM SPECIALIZING IN THE NOT-FOR-PROFIT SECTOR WHICH HAS WORKED WITH THE CARLE FOUNDATION AND REPORTS DIRECTLY TO THE COMPENSATION COMMITTEE. FORM 990, SCHEDULE J, PART 1, QUESTION 4A THE FOLLOWING TWO EMPLOYEES RECEIVED THE NOTED AMOUNT OF SEVERANCE PAY DURING CALENDAR YEAR 2011; ROBERT TONKINSON - $209,809 AND LINDA MYETTE - $15,354. FORM 990, SCHEDULE J, PART 1, QUESTION 6A AND 6B PART OF THE OVERALL EMPLOYEE'S COMPENSATION PROGRAM INCLUDES AN INCENTIVE COMPONENT THAT COVERS MOST EMPLOYEES, EXCLUDING PHYSICIANS, AND IS DESIGNED TO ENCOURAGE AND PROMOTE THE ACHIEVEMENT OF CERTAIN QUALITY, OPERATIONAL, AND EFFICIENCY IMPROVEMENTS AND ALSO WITHIN THE CONTEXT OF MEETING CERTAIN MINIMUM FINANCIAL THRESHOLDS. Jennifer Vallowe FLY MEM OF DONNA GREENE 74564 EMPLOYMENT false FORM 990, SUPPLEMENTAL INFORMATION FORM 990, PART III, QUESTION 4D OTHER PROGRAM SERVICES INCLUDE SUPPORT FOR CARLE'S HOSPICE PROGRAM, ITS CENTER FOR RURAL HEALTH AND FARM SAFETY, CANCER RESEARCH AND CHARITABLE PURPOSES THAT HELP ENHANCE CARLE'S HEALTHCARE SERVICES, FACILITIES, EQUIPMENT, EDUCATION AND RESEARCH. FORM 990, PART VI, QUESTION 2 IMMEDIATE PAST CHAIR, E. PHILLIPS KNOX HAD BUSINESS RELATIONSHIPS WITH SECRETARY OF THE BOARD, BUD LEISTER, EX OFFICIO OF BOARD, DONNA GREENE AND TRUSTEES GREG LYKINS AND VAN DUKEMAN. SECRETARY OF BOARD, BUD LEISTER HAD BUSINESS RELATIONSHIPS WITH EX OFFICIO OF BOARD, DONNA GREENE, TRUSTEES VAN DUKEMAN AND GREG LYKINS AND IMMEDIATE PAST CHAIR, E. PHILLIPS KNOX. TRUSTEE, GREG LYKINS HAD BUSINESS RELATIONSHIPS WITH IMMEDIATE PAST CHAIR, E. PHILLIPS KNOX, SECRETARY OF BOARD, BUD LEISTER, EX OFFICIO OF BOARD, DONNA GREENE AND TRUSTEE VAN DUKEMAN. TRUSTEE, VAN DUKEMAN HAD BUSINESS RELATIONSHIPS WITH IMMEDIATE CHAIR, E. PHILLIPS KNOX, SECRETARY, BUD LEISTER, EX OFFICIO OF BOARD, DONNA GREENE AND TRUSTEE GREG LYKINS. EX OFFICIO OF BOARD, DONNA GREENE, HAD BUSINESS RELATIONSHIPS WITH IMMEDIATE PAST CHAIR, E. PHILLIPS KNOX, SECRETARY OF BOARD, BUD LEISTER AND TRUSTEES GREG LYKINS AND VAN DUKEMAN. TRUSTEES R. BRUCE WELLMAN AND TOM HARRINGTON, JR HAD A PERSONAL RELATIONSHIP. FORM 990, PART VI, QUESTION 6 CARLE DEVELOPMENT FOUNDATION HAS ONE MEMBER WHICH IS THE PARENT COMPANY, THE CARLE FOUNDATION. FORM 990, PART VI, QUESTION 7A THE CARLE FOUNDATION, ACTING THROUGH ITS BOARD OF TRUSTEES, HAS THE EXCLUSIVE POWER TO ELECT AND REMOVE MEMBERS OF THE BOARD OF TRUSTEES FOR THE CORPORATION IN ADDITION TO FILLING VACANCIES. FORM 990, PART VI, QUESTION 7B CARLE DEVELOPMENT FOUNDATION'S BOARD OF TRUSTEES MUST HAVE THE APPROVAL OF ITS SOLE MEMBER, THE CARLE FOUNDATION, THROUGH ITS BOARD OF TRUSTEES, WHEN VOTING ON MATTERS INCLUDING THE AMENDING OF BYLAWS; AMENDING OF THE ARTICLES OF THE CORPORATION; THE ADOPTION OF ANY ANNUAL OR LONG-TERM CAPITAL OR OPERATIONAL BUDGETS OF THE CORPORATION OR ANY CHANGES EXCEEDING THE GREATER OF 5% OF THE TOTAL ORIGINAL BUDGET OR $5,000; THE ADOPTION OF ANY NEW, OR ANY CHANGES TO EXISTING, LONG-TERM OR MASTER INSTITUTIONAL PLANS OF THE CORPORATION; THE ADOPTION OF A PLAN OF DISSOLUTION OF THE CORPORATION; THE ENGAGING OF THE CORPORATION INTO ANY TRANSACTION PROVIDING FOR THE SALE, MORTGAGE OR OTHER DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF ITS ASSETS; THE ADOPTION OF A PLAN OF MERGER OR CONSOLIDATION OF THE CORPORATION WITH ANOTHER CORPORATION; APPROVING ANY CONTRIBUTIONS, GRANTS OR LOANS BY THE CORPORATION TO ANY ORGANIZATION OR CORPORATION OTHER THAN THE SOLE MEMBER OF THE CORPORATION OF AN AFFILIATE THE SUM OF WHICH EXCEEDS $10,000 FOR ANY FISCAL YEAR; THE ORGANIZING OR ACQUISITION, OR AUTHORIZATION OR PERMIT THE ORGANIZATION OR ACQUISITION OF ANY SUBSIDIARY OR AFFILIATE OF THE CORPORATION; AND THE AUTHORIZATION TO MAKE ANY PREVIOUSLY NON-BUDGETED EXPENDITURE IN EXCESS OF $20,000 (THE EXCESS OF ANY PROPOSED EXPENDITURE OVER THE PREVIOUSLY APPROVED BUDGETED AMOUNT SHALL BE DEEMED A NON-BUDGETED EXPENDITURE). FORM 990, PART VI, QUESTION 11B THE FORM 990 WAS PREPARED BY STAFF AND AN EXTERNAL TAX ADVISOR AND REVIEWED BY MANAGEMENT. PRIOR TO FILING THIS FORM 990, A FULL AND COMPLETE COPY WAS PROVIDED TO THE GOVERNING BODY BY POSTING TO THE ORGANIZATION'S DIRECTOR COMMUNICATION PORTAL. ALSO BEFORE FILING, THE GOVERNING MEMBERS RECEIVED NOTIFICATION THAT THE FORM 990 WAS POSTED AND AVAILABLE FOR THEIR REVIEW. AS NECESSARY, THE GOVERNING MEMBERS HAVE THE OPPORTUNITY TO DISCUSS AND ADDRESS CONCERNS AT SUBSEQUENT BOARD MEETINGS. FORM 990, PART VI, QUESTION 12C THE ORGANIZATION'S ESTABLISHED CONFLICT OF INTEREST POLICIES REQUIRE ANNUAL DISCLOSURE OF ACTUAL AND POTENTIAL CONFLICTS OF INTEREST FOR OFFICERS, DIRECTORS, TRUSTEES, MEMBERS OF BOARD COMMITTEES, ADMINISTRATIVE AND MANAGERIAL EMPLOYEES AS WELL AS ALL EMPLOYEES OF THE PURCHASING DEPARTMENT. IF CIRCUMSTANCES CHANGE DURING THE COURSE OF A YEAR, INTERIM DISCLOSURE IS ALSO REQUIRED OF THE SAME INDIVIDUALS. THE DISCLOSURES OF EMPLOYEES ARE REVIEWED INITIALLY BY THE HUMAN RESOURCES DEPARTMENT AND ANY IDENTIFIED CONFLICTS ARE REFERRED TO, AND ADDRESSED BY, THE ORGANIZATION'S INTERNAL LEGAL COUNSEL AND/OR CORPORATE INTEGRITY OFFICER. THE DISCLOSURES OF TRUSTEES AND MEMBERS OF BOARD COMMITTEES ARE REVIEWED BY THE CHAIR OF THE BOARD. THE ENTIRE BOARD ABSENT THE SUBJECT TRUSTEE OR COMMITTEE MEMBER DETERMINES WHETHER A CONFLICT EXISTS. TRUSTEES AND/OR BOARD COMMITTEE MEMBERS WITH IDENTIFIED CONFLICTS ARE REQUIRED TO RECUSE THEMSELVES FROM VOTING ON MATTERS RELATED TO THEIR CONFLICTS. THE ORGANIZATION ALSO MAINTAINS PURCHASING POLICIES REQUIRING COUNTER SIGNATURES TO FURTHER MINIMIZE THE RISK ASSOCIATED WITH CONFLICTS OF INTEREST. FORM 990, PART VI, QUESTIONS 15A & 15B THE BOARD OF TRUSTEES OF THE CARLE FOUNDATION, THE PARENT COMPANY OF CARLE DEVELOPMENT FOUNDATION, THROUGH ITS COMPENSATION COMMITTEE COMPRISED OF INDEPENDENT MEMBERS FREE OF CONFLICT, ANNUALLY REVIEWS EXECUTIVE COMPENSATION LEVELS AND ESTABLISHES APPROPRIATE SALARY RANGES AND OTHER FEATURES OF THE COMPENSATION PLAN IN ACCORDANCE WITH THE ORGANIZATION'S APPROVED COMPENSATION PHILOSOPHY AND STRATEGY: * THE COMMITTEE IS COMPRISED OF MEMBERS OF THE BOARD OF TRUSTEES, WHO ARE INDEPENDENT OF THE CARLE FOUNDATION MANAGEMENT, HAVE NO PERSONAL INTEREST IN THE COMPENSATION ARRANGEMENTS, ARE NOT RELATED TO, OR UNDER THE CONTROL OF ANY INDIVIDUAL WHOSE COMPENSATION ARRANGEMENT IS BEING REVIEWED, AND HAVE NO MATERIAL BUSINESS RELATIONSHIP WITH THE CARLE FOUNDATION. * THE CHIEF EXECUTIVE OFFICER'S COMPENSATION IS DETERMINED BY THE COMPENSATION COMMITTEE IN RELATION TO APPROPRIATE COMPARABILITY DATA. COMPENSATION FOR OTHER MEMBERS OF THE EXECUTIVE STAFF IS DEVELOPED BY THE CEO, EVALUATED AGAINST MARKET DATA, AND REVIEWED AND APPROVED BY THE COMMITTEE. * THE COMMITTEE APPROVES ALL COMPENSATION DECISIONS IN ADVANCE OF THEIR IMPLEMENTATION AND DOCUMENTS ITS DETERMINATIONS AND DISCUSSIONS. * THE COMPENSATION COMMITTEE USES A NUMBER OF EXTERNAL RESOURCES AND COMPARISONS, AND ITS ANALYSIS INCLUDES TOTAL COMPENSATION (CASH COMPENSATION PLUS BENEFITS PROVIDED BY THE CARLE FOUNDATION) IN RELATION TO ORGANIZATIONAL PERFORMANCE AND PREVAILING INDUSTRY PRACTICES FOR LIKE RESPONSIBILITIES AT COMPARABLY-SIZED ORGANIZATIONS. THE COMMITTEE HAS ENGAGED THE SERVICES OF A COMPENSATION CONSULTING FIRM SPECIALIZING IN THE NOT-FOR-PROFIT SECTOR WHICH HAS WORKED WITH THE CARLE FOUNDATION AND REPORTS DIRECTLY TO THE COMPENSATION COMMITTEE. FORM 990, PART VI, QUESTION 19 THE CARLE FOUNDATION, THE PARENT COMPANY OF CARLE DEVELOPMENT FOUNDATION, PUBLISHES THROUGH WWW.DACBOND.COM ITS QUARTERLY UNAUDITED FINANCIAL STATEMENTS, ANNUAL AUDITED FINANCIAL STATEMENTS, A MANAGEMENT'S DISCUSSION & ANALYSIS TO ACCOMPANY THE FINANCIAL STATEMENTS, AND AN ANNUAL REPORT OF CERTAIN OPERATING AND FINANCIAL INFORMATION. ADDITIONALLY, OFFICIAL STATEMENTS FOR OUTSTANDING MUNICIPAL BOND ISSUES FOR WHICH THE CARLE FOUNDATION IS OBLIGATED ARE AVAILABLE AT THIS WEBSITE. THESE DOCUMENTS INCLUDE EXTENSIVE INFORMATION ABOUT THE ORGANIZATION'S HEALTH CARE DELIVERY SYSTEM MODEL, RECENT HIGHLIGHTS/ACCOMPLISHMENTS, GOVERNANCE AND ADMINISTRATION, STRATEGIC PLAN, FACILITIES, CLINICAL PROGRAMS, MEDICAL STAFF, SERVICE AREA, COMPETITIVE ENVIRONMENT, DEMOGRAPHIC DATA, UTILIZATION STATISTICS, SUMMARY FINANCIAL INFORMATION, ACADEMIC AFFILIATIONS AND EDUCATIONAL PROGRAMS, MEDICAL RESEARCH, ACCREDITATIONS, AND ITS EMPLOYEES. THIS INFORMATION IS AVAILABLE AT NO CHARGE TO THOSE WHO REGISTER AT THE WWW.DACBOND.COM WEBSITE. IN ADDITION, THE FORM 990S OF THE ORGANIZATION'S FILING ENTITIES ARE AVAILABLE THROUGH DACBOND. A COMMUNITY BENEFIT REPORT IS ALSO PUBLISHED AND DISTRIBUTED ANNUALLY TO THE COMMUNITY. QUARTERLY FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST DELIVERED TO THE ORGANIZATION'S ADMINISTRATIVE OFFICES. THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICIES ARE ALSO AVAILABLE UPON REQUEST TO THE ORGANIZATION'S ADMINISTRATIVE OFFICES. FORM 990, PART VII, SECTION A, COLUMN B THE AVERAGE ESTIMATED HOURS PER WEEK LISTED FOR THE REPORTING ORGANIZATION AND RELATED ORGANIZATIONS ARE BASED ON A STANDARD 40 HOUR WEEK. MEMBERS MAY FREQUENTLY DEVOTE MORE THAN 40 HOURS OF SERVICE TO THE ENTIRE ORGANIZATION DURING AN AVERAGE WEEK. FORM 990, PART XI, #5-OTHER CHANGES IN NET ASSETS OR FUND BALANCES FUND DEVELOPMENT HAD A ($410,564) UNREALIZED LOSS ON INVESTMENTS THAT IS NOT INCLUDED IN THE 990 RETURN. THE RESTRICTED PORTION OF THE UREALIZED GAIN POSTS DIRECTLY TO EQUITY PER GAAP. FORM 990, PART XII, #2A,B,C AND PART IV, #12 THE FINANCIAL STATEMENTS FOR THE CARLE DEVELOPMENT FOUNDATION WERE AUDITED ON A CONSOLIDATED BASIS UNDER THE PARENT ORGANIZATION, THE CARLE FOUNDATION. THE CARLE FOUNDATION DOES HAVE AN AUDIT COMMITTEE CONSISTING OF MEMBERS OF THE GOVERNING BOARD AND THE CHIEF FINANCIAL OFFICER WHO TOGETHER ASSUME RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. FORM 5471 FILING REQUIREMENTS CARLE DEVELOPMENT FOUNDATION (CDF) EIN 37-1160033 FORM 5471 FILING REQUIREMENTS HAVE BEEN SATISFIED. CDF CONSTRUCTIVELY OWNED A CONTROLLED FOREIGN CORPORATION IN 2011 THROUGH ITS PARENT THE CARLE FOUNDATION EIN 37-1159978. PURSUANT TO IRS SECTION 6038, THE 2011 CONTROLLED FOREIGN CORPORATION FILING REQUIREMENT OF CDF WAS FULFILLED ON THE 2011 FORM 5471 FILED ON ITS BEHALF BY THE CARLE FOUNDATION. RETURN WITH WHICH THE REQUIRED INFORMATION WAS FILED: THE CARLE FOUNDATION 2011 FORM 990-T EIN 37-0673465 611 WEST PARK URBANA, IL 61801 THE 2011 FORM 5471 WAS FILED WITH THE CARLE FOUNDATION 2011 FORM 990-T. IRS SERVICE CENTER WHERE THE RETURN WAS FILED - OGDEN, UTAH. HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Marty Smith TITLE:Chairman of Board HOURS:6 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Mary McGrath TITLE:Vice Chairman of Board HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Joe Barkmeier, MD TITLE:Trustee HOURS:40 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:George Timmons TITLE:Trustee HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Tom Harrington, Jr. TITLE:Trustee HOURS: HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:James C. Leonard, MD TITLE:Ex Officio of Bd, Pres & CEO HOURS:35 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Phil Blankenburg TITLE:Ex Officio of Bd HOURS:4 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Vanna Cunningham TITLE:Ex Officio of Bd HOURS:28 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:E. Phillips Knox TITLE:Immediate Past Chair HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Donna Greene TITLE:Ex Officio of Bd HOURS:2 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:John Snyder TITLE:Advisor HOURS:40 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Dennis Hesch TITLE:Exec VP & CFO HOURS:39 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Robert Driver TITLE:VP Fund Development HOURS:5 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Robert Tonkinson TITLE:SVP & CFO-former HOURS: CARLE FOUNDATION HOSPITAL 611 W Park St Urbana IL 618012595 371119538 Hospital Serv IL 501(c)(3) 3 TCF true THE CARLE FOUNDATION 611 W Park St Urbana IL 618012595 370673465 PARENT/INVMGT IL 501(c)(3) 11b Type II NA false CARLE HEALTH CARE INCORPORATED 611 W Park St Urbana IL 618012595 371140016 VAR MED SVCS IL 501(c)(3) 9 TCF true CARLE RETIREMENT CENTERS INC 611 W Park St Urbana IL 618012595 371160033 RTRMT LIVING IL 501(c)(3) 9 TCF true CARLE COMMUNITY HEALTH CORPORATION 611 W Park St Urbana IL 618012595 364458371 FNDN MISSION IL 501(c)(3) 11a, Type 1 TCF true Health Systems Insurance Ltd GOVERNORS SQ 2ND FL BLDG 3 Grand Cayman CJ KY 1-1102 Insurance CJ na C-CORP 0 0 0.00000 Carle Holding Inc 611 W Park St Urbana IL 618012595 371188284 FOR-PRFT HLDG CO. IL na C-CORP 0 0 0.00000 Carle Risk Management Co 611 W Park St Urbana IL 61801 371217973 Risk Management IL TCF C-Corp 0 0 0.00000 false true false false false false false false false false false false false false true false false false Carle Foundation Hospital b 104509 COST