Skip to content

Illinois · Nonprofit

INSTITUTE OF MEDICINE OF CHICAGO

INSTITUTE OF MEDICINE OF CHICAGO (Illinois) receives grants from 6 organizations whose IRS filings report $608,821 to it, the largest being The Portes Foundation ($351,171). 4 of them have funded it in more than one year.

Revenue FY2025
$161k
Funders on record
6
Grants received
$609k
Net assets
$451k
4/6 repeat funderspeak grant-dependency 86%
01What it does

What Institute of Medicine of Chicago does

Mission

Mission - the Institute of Medicine of Chicago is an independent non-profit organization of distinguished leaders in the health field who collaborate to improve the health of the public. Drawing upon the expertise of a diverse membership and other regional leaders, the iomc addresses critical health issues through a range of interdisciplinary approaches including education, research, communication of trusted information, and community engagement. With the health of the public at its core, iomc is building new programs and services to better meet the needs of its members and the chicagoland community, its counties and the state of illinois. Www.iomc.org our members are billings fellows and fellows from the metropolitan chicago area and the state of illinois. They are academics, public health specialists, physicians, nurses, pharmacists, administrators, community health specialists, social workers, dentists, educators, lawyers and community leaders.

As stated on its FY2025 Form 990.

Programs

  1. Accomplishments to continue to advance health equity by reducing healthcare disparities, iomc conducted programs to discuss, determine and dedicate resources to positively impact the underrepresented and communities. Programmatic series of webinars- advancing health equity by reducing health care disparities key programmatic areas maternal and child health - improve access to entry-level ob care - establish a level ii ultrasound ob facility on the south side - address transportation issues for people seeking upper-level ob care - promote the importance and necessity of implicit bias training - hospitals and providers, and educate patients - create an open network for ob care for medicaid-managed care plans -address the issue of malpractice rates for ob-gyn physicians social determinants of health - promote awareness and support unsheltered (homelessness) as a public health issue as part of the critical infrastructure - ensure the system addresses all issues (medical and non-medical) in treating the unsheltered (homeless). - collaborate with agencies and groups to identify and integrate quality of living against unsheltered (homeless). - secure safe housing and security for the…

    $179,795 spentof which $100,000 as grants
    100% of program spending
  2. Other accomplishments include: collaborated with the greater chicago food depository - they provided an update on current conditions and needs at the 2024 leadership awards & annual meeting event. Financial support through donations were made directly to the gcfd from members and guests at the event and colleagues of iomc. Conducted post-program evaluations with attendees to continue to improve the quality of the programs and address key and critical issues of membership, impacting public health, population health and community health.

The 2 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $179,795.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($164k) Expenses 100 ($158k) Net assets 100 ($447k)2018 Revenue 150 ($246k) Expenses 135 ($213k) Net assets 96 ($430k)2019 Revenue 179 ($293k) Expenses 158 ($250k) Net assets 119 ($530k)2020 Revenue 148 ($242k) Expenses 124 ($196k) Net assets 137 ($611k)2021 Revenue 201 ($329k) Expenses 139 ($220k) Net assets 170 ($758k)2022 Revenue 91 ($149k) Expenses 153 ($242k) Net assets 131 ($584k)2023 Revenue 106 ($174k) Expenses 184 ($291k) Net assets 114 ($510k)2024 Revenue 119 ($196k) Expenses 96 ($152k) Net assets 124 ($554k)2025 Revenue 98 ($161k) Expenses 156 ($247k) Net assets 101 ($451k)
'17'18'19'20'21'22'23'24'25
Revenue (98)Expenses (156)Net assets (101)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $815k to $597k (−27%).

$500k
$539k
$612k
$769k
$815k
$597k
$528k
$580k
$451k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

$6k
’17
$33k
’18
$43k
’19
$46k
’20
$109k
’21
−$93k
’22
−$117k
’23
$44k
’24
−$86k
’25
11
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24'25
Listed232321231918212015
Joined·+8+4+6+4+4+11+6+0
No longer listed·86485875
03Who funds it

Who funds it, year by year

2020 → 2023: the base broadened from 3 funders to 4 funders, grant income rose $102k → $151k.

From the IRS filings of INSTITUTE OF MEDICINE OF CHICAGO’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

INSTITUTE OF MEDICINE OF CHICAGO leans on a few funders — its largest provides 58% of grant income and the top three 88%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

58%
largest funder
88%
top three
~3
effective funders

Largest funder’s share by year: 2020 61% · 2021 46% · 2022 72% · 2023 50% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of INSTITUTE OF MEDICINE OF CHICAGO's grant income comes from Illinois funders.

IL

In-state vs out-of-state, by year

’20
’21
’22
’23
Illinois out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like INSTITUTE OF MEDICINE OF CHICAGO

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Illinois

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

73% of spending goes to programs.

Program 73%Management 25%Fundraising 2%

Governance

10
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

74%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

IL

Screen this organization

A dated, signed PDF of the compliance screen for INSTITUTE OF MEDICINE OF CHICAGO: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds INSTITUTE OF MEDICINE OF CHICAGO?
INSTITUTE OF MEDICINE OF CHICAGO (Illinois) receives grants from 6 organizations whose IRS filings report $608,821 to it, the largest being The Portes Foundation ($351,171). 4 of them have funded it in more than one year.
How many funders does INSTITUTE OF MEDICINE OF CHICAGO have?
IRS filings report 6 organizations giving $608,821 in grants to INSTITUTE OF MEDICINE OF CHICAGO, 4 of which have funded it in more than one year.
Who is the largest funder of INSTITUTE OF MEDICINE OF CHICAGO?
The Portes Foundation is the largest funder on record, with $351,171 in grants. The full list of funders is on this page.
How can an organization like INSTITUTE OF MEDICINE OF CHICAGO find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing