Nonprofit · EIN 36-3920055
HEALTHCARE FINANCIAL MANAGEMENT EDUCATIONAL FOUNDATION
Also known as GROUP RETURN
Tax-exempt · DOWNERS GROVE, IL 60515
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $322,389 | $333,872 | -$11,483 | $66,235 | $9,314 | $56,921 |
| May 31, 2024 | 990 | $276,726 | $282,341 | -$5,615 | $71,784 | $3,380 | $68,404 |
| May 31, 2023 | 990 | $303,391 | $265,612 | $37,779 | $74,689 | $670 | $74,019 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $165,000
- Program service revenue
- $157,389
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $6,950
- Travel
- $5,484
- Program services (functional)
- $322,468
- Management and general (functional)
- $11,404
Balance sheet and other
- Total assets, start of year
- $71,784
- Total assets, end of year
- $66,235
- Total liabilities, end of year
- $9,314
- Net assets, end of year
- $56,921
- Net assets without donor restrictions
- $56,921
- Gross receipts
- $322,389
- Employees
- 0
- Volunteers
- 75
- Year formed
- 1968
- 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 May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Shivam Sohan | President Trustee or director, Officer | 5 | $0 |
| Alyson Belz | President-Elect Trustee or director, Officer | 2.5 | $0 |
| Leah Amante | Vice President Trustee or director, Officer | 5 | $0 |
| Robert Braun | Secretary Trustee or director, Officer | 5 | $0 |
| Nicholas Rivera | Treasurer Trustee or director, Officer | 5 | $0 |
| Andrew Weingartner | Past President (Voting) Trustee or director | 2.5 | $0 |
| Bob Arnold Jr | Director (Voting) Trustee or director | 2.5 | $0 |
| Nicholas DiBartolo | Director (Voting) Trustee or director | 2.5 | $0 |
| Gary Feder | Director (Voting) Trustee or director | 2.5 | $0 |
| Catherine Feeley | Director (Voting) Trustee or director | 2.5 | $0 |
| Stephanie Gerez | Director (Voting) Trustee or director | 2.5 | $0 |
| Jennifer Graves | Director (Voting) Trustee or director | 2.5 | $0 |
| Becky Greenfield | Director (Voting) Trustee or director | 2.5 | $0 |
| Matthew Kamien | Director (Voting) Trustee or director | 2.5 | $0 |
| Samer Oweis | Director (Voting) Trustee or director | 2.5 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Thaddeus Pyfrom | Director (Voting) Trustee or director | 2.5 | $0 |
| Rolando Tabora | Director (Voting) Trustee or director | 2.5 | $0 |
| Robin Ziegler | Director (Voting) Trustee or director | 2.5 | $0 |
990 for the year ended May 31, 2024: 17 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Andrew Weingartner | President Trustee or director, Officer | 5 | $0 |
| Shivam Sohan | President-Elect Trustee or director, Officer | 2.5 | $0 |
| Alyson Belz | Vice President Trustee or director, Officer | 5 | $0 |
| Nicholas Rivera | Secretary Trustee or director, Officer | 5 | $0 |
| Leah Amante | Treasurer Trustee or director, Officer | 5 | $0 |
| Catherine Ekbom | Past President (Voting) Trustee or director | 2.5 | $0 |
| Diane McCarthy | Past President (Voting) Trustee or director | 2.5 | $0 |
| Donna Skura | Past President (Voting) Trustee or director | 2.5 | $0 |
| Sean Smith | Past President (Voting) Trustee or director | 2.5 | $0 |
| Robert Braun | Director (Voting) Trustee or director | 2.5 | $0 |
| Nicholas DiBartolo | Director (Voting) Trustee or director | 2.5 | $0 |
| Stephanie Gerez | Director (Voting) Trustee or director | 2.5 | $0 |
| Becky Greenfield | Director (Voting) Trustee or director | 2.5 | $0 |
| Matthew Kamien | Director (Voting) Trustee or director | 2.5 | $0 |
| Susane Lim | Director (Voting) Trustee or director | 2.5 | $0 |
| Praveen Mekala | Director (Voting) Trustee or director | 2.5 | $0 |
| Robin Ziegler | Director (Voting) Trustee or director | 2.5 | $0 |
990 for the year ended May 31, 2023: 19 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Catherine Ekbom | President Trustee or director, Officer | 5 | $0 |
| Andrew Weingartner | President-Elect Trustee or director, Officer | 2.5 | $0 |
| Leah Amante | Secretary Trustee or director, Officer | 5 | $0 |
| Alyson Belz | Treasurer Trustee or director, Officer | 5 | $0 |
| Shivam Sohan | Vice President Trustee or director, Officer | 5 | $0 |
| Diane McCarthy | Past President (Voting) Trustee or director | 2.5 | $0 |
| Maryann Regan | Past President (Voting) Trustee or director | 2.5 | $0 |
| Donna Skura | Past President (Voting) Trustee or director | 2.5 | $0 |
| Sean Smith | Past President (Voting) Trustee or director | 2.5 | $0 |
| David Woods | Past President (Voting) Trustee or director | 2.5 | $0 |
| Robert Braun | Director (Voting) Trustee or director | 2.5 | $0 |
| Daniel Corcoran | Director (Voting) Trustee or director | 2.5 | $0 |
| Stephanie Gerez | Director (Voting) Trustee or director | 2.5 | $0 |
| Matthew Kamien | Director (Voting) Trustee or director | 2.5 | $0 |
| Susane Lim | Director (Voting) Trustee or director | 2.5 | $0 |
| James Linhart | Director (Voting) Trustee or director | 2.5 | $0 |
| Laurie Radler | Director (Voting) Trustee or director | 2.5 | $0 |
| Nicholas Rivera | Director (Voting) Trustee or director | 2.5 | $0 |
| Robin Ziegler | Director (Voting) Trustee or director | 2.5 | $0 |
Address and contacts
- Address (IRS master file)
- 2001 BUTTERFIELD RD STE 1500, DOWNERS GROVE, IL 60515-1049
- In care of
- % ANDREW WEINGARTNER
- Principal officer (990 for 2024)
- Shivam Sohan, 2001 Butterfield Rd 1500, Downers Grove, IL 60515
- Signed the 990
- Steve Saldivar, CFO
- Phone
- (708) 531-9600
- Return prepared by
- RSM US LLP
Mission
HFMA's primary purpose is to: 1.) foster and increase knowledge of and proficiency in healthcare financial management; 2.) conduct and participate in educational programs and activities concerning healthcare industry financial management; 3.) provide media for the interchange of ideas and dissemination of material relative to healthcare financial management; 4.) strengthen cooperation among individuals of varying disciplines in financial management; 5.) cooperate with healthcare institutions and related healthcare organizations and agencies and other interested groups in matters pertaining to financial management; and 6.) promote and encourage financial management standards of performance for individuals and institutions in various areas of healthcare financial management.
Program accomplishments
- Education and Related Activities - The Chapters provided educational programs for over 830 individuals working in the healthcare finance. It conducted and participated in activities concerning healthcare industry financial management which promote and encourage financial management standards of performance for the healthcare industry and institutions in various areas of healthcare management.Expenses $322,468 · revenue $157,389
What it must file and when
IRS records say it files Group return. Included in a group return filed by its parent. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 36-3920055
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Exempt since
- 1965
- Accounting year ends
- May
- Files
- Group return
- Group exemption
- 9431: HEALTHCARE FINANCIAL MANAGEMENT EDUCATIONAL FOUNDATION
- Assets (IRS master file)
- $66,235
- Income (IRS master file)
- $322,389
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $322,389 | $333,872 | $66,235 | XML |
| 990 | May 2024 | $276,726 | $282,341 | $71,784 | XML |
| 990 | May 2023 | $303,391 | $265,612 | $74,689 | XML |
| 990 | May 2022 | $221,386 | $216,493 | $36,610 | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990 | May 2020 | – | – | – | IRS |
| 990 | May 2019 | – | – | – | IRS |
| 990 | May 2018 | – | – | – | 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 36-3920055).
Questions about HEALTHCARE FINANCIAL MANAGEMENT EDUCATIONAL FOUNDATION
- What is the EIN of HEALTHCARE FINANCIAL MANAGEMENT EDUCATIONAL FOUNDATION?
- The employer identification number (EIN) of HEALTHCARE FINANCIAL MANAGEMENT EDUCATIONAL FOUNDATION is 36-3920055.
- Is HEALTHCARE FINANCIAL MANAGEMENT EDUCATIONAL FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1965.
- Which annual return does HEALTHCARE FINANCIAL MANAGEMENT EDUCATIONAL FOUNDATION file?
- Form Group return. Included in a group return filed by its parent.
- When is the next return of HEALTHCARE FINANCIAL MANAGEMENT EDUCATIONAL FOUNDATION 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 FINANCIAL MANAGEMENT EDUCATIONAL FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of HEALTHCARE FINANCIAL MANAGEMENT EDUCATIONAL FOUNDATION?
- The 990 for the year ended May 31, 2025 names Shivam Sohan.
- Who are the officers and directors of HEALTHCARE FINANCIAL MANAGEMENT EDUCATIONAL FOUNDATION?
- The 990 for the year ended May 31, 2025 lists 18 people; 0 received compensation from the organization.
- How much revenue does HEALTHCARE FINANCIAL MANAGEMENT EDUCATIONAL FOUNDATION have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $322,389, expenses of $333,872 and total assets of $66,235 at year end.
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