Chestnut Health Systems Inc
95% goes to programs $0 to raise $100 Growing revenue
Chestnut Health Systems Inc is a 501(c)(3) organization based in Bloomington, Illinois, registered in 1978, with $75,772,262 in FY2023 revenue. CharityIndex grades it A+, and it directs about 95% of spending to programs.
1003 Martin Luther King Dr, Bloomington, IL, 61701 EIN 37-0964629 Since 1978
Revenue (FY2023)
$75.8M
▲ 21.7% vs prior year
Health median: $840K
Expenses (FY2023)
$73.6M
Net assets
$31.0M
Employees
956
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating95% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Chestnut Health Systems Inc: 95% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating5 mo reserves · +3% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Chestnut Health Systems Inc: 5 mo reserves · +3% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Chestnut Health Systems Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Chestnut Health Systems Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To provide a broad range of programs and services designed to provide for the overall health, vitality and productivity of individuals, families, and organizations.
What they do
Lighthouse institute: the mission of lighthouse institute (li) is to help practitioners improve the quality of their services through research, program evaluation, and training on evidence based practices. li serves health and human service agencies through offices in chicago, bloomington, and maryville, illinois; an office in eugene, or; and remote staff in over 20 states. li staff also create and extend their human and electronic infrastructures to collaborate with similar agencies in all of the united states and provinces of canada, as well as a dozen other countries.
Chestnut family health center: chestnut family health center (cfhc) is a health center program grantee under 42 u.s.c. 254b, and a deemed public health service employee under 43 u.s.c. 233(g)-(n). it serves residents of mclean, madison, and st clair counties in illinois who live at or below 200 percent of federal poverty guidelines. cfhc provides health care for patients of all ages - from infants to geriatric patients. cfhc offers preventive services such as wellness exams; management of chronic illnesses; treatment of acute illnesses; and psychiatric counseling services. a laboratory and pharmacy are located within each of the cfhc sites. dental services are offered in mclean county
Share of undistributed earnings of limited liability companies and joint ventures - interests in foreign llc's and joint ventures are owned. these llc's and joint ventures engage in similar activities consistent with chestnut's mission.
Contact & location
- Address
- 1003 Martin Luther King Dr, Bloomington, IL, 61701
- City
- Bloomington
- State
- Illinois
- Category
- Health Care
- Subcategory
- Public Health & Wellness
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $46.0M (FY2013) to $75.8M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $14.7MNet assets $31.0M
Operating margin
2.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$45.7M
Total liabilities
$14.7M
Net assets
$31.0M
Salaries & benefits
$53.7M
73% of expenses
Board members
9
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $75,772,262▲21.7% | $73,554,266▲21.5% | $31,023,008▲7.8% | $45,720,193▲8.6% | 990 |
| 2022 | $62,262,315▲17.3% | $60,533,831▲3.6% | $28,786,818▲11.3% | $42,109,489▲13.0% | 990 |
| 2021 | $53,099,042▲6.7% | $58,421,077▲11.7% | $25,868,293▼17.6% | $37,254,302▼12.5% | 990 |
| 2020 | $49,757,806▲14.1% | $52,294,076▲7.3% | $31,384,367▼7.3% | $42,597,505▼3.9% | 990 |
| 2019 | $43,622,271▼3.6% | $48,753,928▲4.5% | $33,870,513▼13.1% | $44,322,409▼11.5% | 990 |
| 2018 | $45,235,266▼11.7% | $46,637,265▼0.7% | $38,980,002▼3.4% | $50,081,884▲1.3% | 990 |
| 2017 | $51,254,611▲10.4% | $46,986,392▼8.8% | $40,355,514▲11.8% | $49,423,149▲14.6% | 990 |
| 2016 | $46,431,829▼3.9% | $51,514,598▲0.8% | $36,087,295▼11.4% | $43,114,655▼11.5% | 990 |
| 2015 | $48,331,415▲1.9% | $51,081,190▲2.4% | $40,733,429▼6.3% | $48,700,006▼5.7% | 990 |
| 2014 | $47,451,660▲3.2% | $49,883,766▲2.8% | $43,483,204▼5.3% | $51,619,552▼2.7% | 990 |
| 2013 | $45,990,046 | $48,526,881▲3.4% | $45,915,310▼5.2% | $53,070,076▼6.1% | 990 |
| 2012 | — | $46,939,732▼1.2% | $48,452,145▲7.2% | $56,517,794▲2.8% | 990 |
| 2011 | — | $47,517,709▲3.8% | $45,203,624▲15.2% | $54,995,576▲6.9% | 990 |
| 2010 | — | $45,793,885▲5.3% | $39,254,212▲14.5% | $51,440,477▲19.6% | 990 |
| 2009 | — | $43,508,725 | $34,284,072 | $43,022,656 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Michael Louis Dennis — $386,911 (0.53% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Michael Louis Dennis | Director of Li | 40 | $386,911 |
| David Sharar | Chief Executive Officer | 40 | $363,716 |
| Puneet Leekha | Chief Operating Officer | 40 | $334,005 |
| Kevin Garner | Medical Director of Cfhc | 40 | $286,314 |
| Dennis Watson | Sr. Research Scientist | 40 | $265,746 |
| Matthew S Mollenhauer | Chief Clinical Officer | 40 | $252,409 |
| Karen Rettick | Cfo | 40 | $249,971 |
| Jared Rogers | Medical Director of Cfhc | 32 | $209,769 |
| Orville Mercer | Vice President of Strategy and Innovation | 40 | $169,065 |
| Belinda Willis | Chicago Office Evaluation Program Director | 40 | $167,545 |
| Angela Allen | Member | 1 | — |
| Dennis Wilmsmeyer | Member | 1 | — |
| Eliazar Mendiola | Secretary | 1 | — |
| George Wood | Treasurer | 1 | — |
| James Foley | Vice Chairperson | 2 | — |
| Judy Neubrander | Member | 1 | — |
| Laura Haas | Chairperson | 2 | — |
| Mary Ann Webb | Member | 1 | — |
| Patrick Busch | Member | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Korte Company | Contruction Remodeling | $887,675 |
| Pj Hoerr | Contructions Remodeling | $426,600 |
| All Medical Personnel Inc | Medical Temporary Support | $314,941 |
| Comprehensive Health Services | Medical Temporary Support | $281,925 |
| Triwest Group LLC | Consultant | $275,631 |
Grants received · $1.0M total
16 grants to Chestnut Health Systems Inc totaling $1.0M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| University of Miami | Research | 2024 | $39,588 |
| Northwestern University | Support of research activities | 2023 | $452,306 |
| Trustees of Columbia University | Research | 2023 | $14,841 |
| Northwestern University | Support of research activities | 2022 | $135,189 |
| Trustees of Columbia University | Research | 2022 | $63,537 |
| Trustees of Columbia University | Research | 2021 | $45,342 |
| Trustees of Columbia University | Research | 2020 | $7,594 |
| The Chicago Community Trust | To support the illinois covid-19 response fund | 2019 | $100,000 |
| Emory University | Research/subcontract | 2019 | $32,960 |
| National Council For Behavioral Health | Covid-19 relief | 2019 | $8,500 |
| Trustees of Columbia University | Research | 2019 | $7,004 |
| Emory University | Research/subcontract | 2018 | $32,960 |
| University of Miami | Research | 2018 | $29,638 |
| Trustees of Columbia University | Research | 2017 | $14,326 |
| Central Florida Behavioral Health Network Inc | Mental health dcf suncoast region | 2016 | $12,720 |
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Frequently asked questions
- Is Chestnut Health Systems Inc a legitimate nonprofit?
- Yes. Chestnut Health Systems Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 37-0964629, based in Bloomington, Illinois. Donations are tax-deductible.
- What is Chestnut Health Systems Inc's EIN?
- Chestnut Health Systems Inc's Employer Identification Number (EIN) is 37-0964629.
- How much revenue does Chestnut Health Systems Inc report?
- Chestnut Health Systems Inc reported $75,772,262 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Chestnut Health Systems Inc's spending goes to programs?
- Chestnut Health Systems Inc spends about 95% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Chestnut Health Systems Inc have?
- CharityIndex grades Chestnut Health Systems Inc A+, based on program efficiency and fundraising cost.
- How much does Chestnut Health Systems Inc's highest-paid employee make?
- The highest reported compensation on Chestnut Health Systems Inc's latest Form 990 is $386,911, paid to Michael Louis Dennis (Director of Li).
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Data for Chestnut Health Systems Inc (EIN 37-0964629) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.