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INSIGHT CHICAGO INC: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
INSIGHT CHICAGO INC (EIN 86-2358048)
Tax period
2021-03-01 to 2021-12-31
Filed
2023-08-30
IRS object ID
202312429349301551
Schema version
2021v4.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-08-30T17:04:54-05:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN420714325PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1RSM US LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line130 South Wacker Dr Suite 3300AddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP606063392ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-03-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN862358048EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Insight Chicago IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlINSIBusinessNameControlTxt
Phone3125672000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12525 S Michigan AveAddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP60616ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonAtiq NakrawalaPersonNm
Person TitleChief Financial OfficerPersonTitleTxt
Phone3125672000PhoneNum
Signature2023-08-29SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstAtiqPersonFirstNm
Person LastNakrawalaPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRebekuh EleyPreparerPersonNm
PTINP01247672PTIN
Phone3126343400PhoneNum
Preparation2023-08-29PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer0TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Initial ReturnYes (X)InitialReturnInd

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1Insight Hospital & Medical CenterBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerAtif BawahabPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12525 S Michigan AveAddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP60616ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$45,258,860GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.insightchicago.comWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2021FormationYr
Legal Domicile StateILLegalDomicileStateCd
Activity Or MissionInsight Hospital and Medical Center Chicago is dedicated to transformation and impact. We will deliver world class, compassionate, expert care to every patient who comes through our doors. As stewards of holistic health, Insight is committed to seeing our community flourish through increased access to holistic care and improved health.ActivityOrMissionDesc
Voting Members Governing Body19VotingMembersGoverningBodyCnt
Voting Members Independent18VotingMembersIndependentCnt
Total Employee525TotalEmployeeCnt
Total Volunteers10TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
CY Contributions Grants$0CYContributionsGrantsAmt
CY Program Service Revenue$45,062,930CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
CY Other Revenue$195,930CYOtherRevenueAmt
CY Total Revenue$45,258,860CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$16,173,307CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$50,215CYTotalFundraisingExpenseAmt
CY Other Expenses$36,995,601CYOtherExpensesAmt
CY Total Expenses$53,168,908CYTotalExpensesAmt
CY Revenues Less Expenses-$7,910,048CYRevenuesLessExpensesAmt
Total Assets EOY$61,431,186TotalAssetsEOYAmt
Total Liabilities EOY$38,756,075TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances EOY$22,675,111NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionInsight Hospital and Medical Center Chicago is dedicated to transformation and impact. We will deliver world class, compassionate, expert care to every patient who comes through our doors. As stewards of holistic health, Insight is committed to seeing our community flourish through increased access to holistic care and improved health.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$25,382,462ExpenseAmt
Grant$0GrantAmt
Revenue$45,062,930RevenueAmt
DescInsight Chicago Inc. is a licensed 412-bed acute care facility with its primary market in the south and southwest side of Chicago and adjacent suburbs.Insight is committed to rebuilding a storied hospital and looks forward to providing the highest quality of care to our patients. Insight is committed to operating a full-service community hospital; creating a comprehensive plan to increase services and meet community needs; restoring the hospital as a teaching facility and restoring a comprehensive emergency department.Desc
Total Program Service Expenses$25,382,462TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate HospitalYes (1)OperateHospitalInd
Audited Financial Stmt AttYes (1)AuditedFinancialStmtAttInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document36IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee525EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members19GoverningBodyVotingMembersCnt
Independent Voting Member18IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Atiq NakrawalaBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3125672000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12525 S Michigan AveAddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP60616ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (24 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
Atif Bawahab
President and CEO10.000.00Yes (X)Yes (X)$0$0$0
Ali Madha
Chairman of the Board10.000.00Yes (X)Yes (X)$0$0$0
Nadir Ijaz
Vice-Chairman of the Board10.000.00Yes (X)Yes (X)$0$0$0
Atiq Nakrawala
Treasurer10.000.00Yes (X)Yes (X)$0$0$0
Baseer Tajuddin
Secretary10.000.00Yes (X)Yes (X)$0$0$0
Kaleem Qazi
Board Member5.000.00Yes (X)$0$0$0
Alaa Abdeldaiem
Board Member5.000.00Yes (X)$0$0$0
Dr Henry Barlow
Board Member5.000.00Yes (X)$0$0$0
Clyde El Amin
Board Member5.000.00Yes (X)$0$0$0
Will Evans
Board Member5.000.00Yes (X)$0$0$0
Ladale George
Board Member5.000.00Yes (X)$0$0$0
Pastor Chris Harris
Board Member5.000.00Yes (X)$0$0$0
Muaz Jondy
Board Member5.000.00Yes (X)$0$0$0
Dr Harriet Lewis
Board Member5.000.00Yes (X)$0$0$0
Paul Luu
Board Member5.000.00Yes (X)$0$0$0
Habeeb Quadri
Board Member5.000.00Yes (X)$0$0$0
Amjad Quadri
Board Member5.000.00Yes (X)$0$0$0
Maryum Rasool
Board Member5.000.00Yes (X)$0$0$0
Dr Naveed Mallick
Board Member5.000.00Yes (X)$109,598$0$216
Anita Goyal
Physician40.000.00$213,635$0$550Yes (X)
Ahmad Elakil
Physician40.000.00$210,772$0$2,783Yes (X)
Dillon Bannis
Physician40.000.00$199,565$0$493Yes (X)
Jawad Hussain
Physician40.000.00$180,915$0$10,536Yes (X)
Bradley Dickson
Physician40.000.00$164,244$0$387Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,078,729TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$14,965TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K12IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
Insight Management and Consulting Servic
4800 S Saginaw StreetFlintMI48507Management Services$4,750,000
Trinity Health
2160 S 1st AveMaywoodIL60153Healthcare Services$2,594,318
Comprehensive Pharmacy Services
PO Box 638316CincinnatiOH452638319Pharmacy Services$1,539,042
United Security Services Inc
1550 S Indiana AveChicagoIL60605Security Services$944,298
Cerner Corporation
8779 Hillcrest RoadKansas CityMO64138IT Services$720,964
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K37CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Patient Services621990$43,794,701$43,794,701
Medicaid621990$1,268,229$1,268,229
FieldValueIRS element (for citing)
Total Program Service Revenue$45,062,930TotalProgramServiceRevenueAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$194,939RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$194,939RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$194,939TotalRevenueColumnAmt
Exclusion$194,939ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescCafeteriaDesc
Business900099BusinessCd
Total Revenue Column$991TotalRevenueColumnAmt
Exclusion$991ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$991OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$45,258,860TotalRevenueColumnAmt
Related Or Exempt Func Income$45,062,930RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$195,930ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$109,598TotalAmt
Program Services$72,753ProgramServicesAmt
Management And General$36,845ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$13,299,636TotalAmt
Program Services$8,828,583ProgramServicesAmt
Management And General$4,471,053ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,946,936TotalAmt
Program Services$52,199ProgramServicesAmt
Management And General$1,894,737ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$817,137TotalAmt
Program Services$21,908ProgramServicesAmt
Management And General$795,229ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$4,750,000TotalAmt
Program Services$840,487ProgramServicesAmt
Management And General$3,895,361ManagementAndGeneralAmt
Fundraising$14,152FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$373,152TotalAmt
Management And General$373,152ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$4,793TotalAmt
Management And General$4,793ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$12,696,388TotalAmt
Program Services$2,766,555ProgramServicesAmt
Management And General$9,896,650ManagementAndGeneralAmt
Fundraising$33,183FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$36,576TotalAmt
Program Services$6,472ProgramServicesAmt
Management And General$29,995ManagementAndGeneralAmt
Fundraising$109FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$397,688TotalAmt
Program Services$383,974ProgramServicesAmt
Management And General$13,714ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$930,060TotalAmt
Program Services$164,569ProgramServicesAmt
Management And General$762,720ManagementAndGeneralAmt
Fundraising$2,771FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$3,313,951TotalAmt
Program Services$330,388ProgramServicesAmt
Management And General$2,983,563ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,047,630TotalAmt
Program Services$1,047,630ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,861,838TotalAmt
Management And General$1,861,838ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
IL Hospital Assessment$7,721,308$7,721,308
Medical Supplies$1,725,639$1,666,132$59,507
Bad Debt$1,477,022$1,477,022
Transaction Cost$481,190$481,190

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$178,366TotalAmt
Program Services$2,482ProgramServicesAmt
Management And General$175,884ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$53,168,908TotalAmt
Program Services$25,382,462ProgramServicesAmt
Management And General$27,736,231ManagementAndGeneralAmt
Fundraising$50,215FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
EOY$23,418,256EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$4,453,824EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
EOY$1,724,852EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
EOY$837,297EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$32,044,587LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,047,630LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$30,996,957EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$61,431,186EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
EOY$5,672,257EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
EOY$850,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$32,233,818EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$38,756,075EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$22,675,111EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$22,675,111EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$61,431,186EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$7,910,048ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$30,585,159OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
HospitalYes (X)HospitalInd

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$26,470,001OtherCostOrOtherBasisAmt
Book Value$26,470,001BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$5,574,586OtherCostOrOtherBasisAmt
Depreciation$1,047,630DepreciationAmt
Book Value$4,526,956BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$30,996,957TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
Due to third-party payors$15,973,818
Medicaid advanced payments$15,000,000
Other liabilities$1,260,000
FieldValueIRS element (for citing)
Total Liability$32,233,818TotalLiabilityAmt

Schedule H IRS990ScheduleH

FieldValueIRS element (for citing)
Financial Assistance PolicyYes (1)FinancialAssistancePolicyInd
Written PolicyYes (1)WrittenPolicyInd
FPG Reference Free CareYes (1)FPGReferenceFreeCareInd
Percent200Yes (X)Percent200Ind
FPG Reference Discounted CareYes (1)FPGReferenceDiscountedCareInd

Discounted Care Oth Percentage DiscountedCareOthPercentageGrp

FieldValueIRS element (for citing)
OtherYes (X)OtherInd
Discounted Care Other600.000000000000DiscountedCareOtherPct
FieldValueIRS element (for citing)
Free Care Medically IndigentYes (1)FreeCareMedicallyIndigentInd
Financial Assistance Budget0FinancialAssistanceBudgetInd
Annual Community Bnft ReportYes (1)AnnualCommunityBnftReportInd
Report Publically AvailableYes (1)ReportPublicallyAvailableInd

Financial Assistance At Cost Typ FinancialAssistanceAtCostTyp

FieldValueIRS element (for citing)
Total Community Benefit Expns$2,222,348TotalCommunityBenefitExpnsAmt
Direct Offsetting Revenue$0DirectOffsettingRevenueAmt
Net Community Benefit Expns$2,222,348NetCommunityBenefitExpnsAmt
Total Expense0.04300TotalExpensePct

Unreimbursed Medicaid UnreimbursedMedicaidGrp

FieldValueIRS element (for citing)
Total Community Benefit Expns$29,938,825TotalCommunityBenefitExpnsAmt
Direct Offsetting Revenue$33,057,470DirectOffsettingRevenueAmt
Net Community Benefit Expns$0NetCommunityBenefitExpnsAmt
Total Expense0.00000TotalExpensePct

Total Financial Assistance Typ TotalFinancialAssistanceTyp

FieldValueIRS element (for citing)
Total Community Benefit Expns$32,161,173TotalCommunityBenefitExpnsAmt
Direct Offsetting Revenue$33,057,470DirectOffsettingRevenueAmt
Net Community Benefit Expns$2,222,348NetCommunityBenefitExpnsAmt
Total Expense0.04300TotalExpensePct

Health Professions Education HealthProfessionsEducationGrp

FieldValueIRS element (for citing)
Total Community Benefit Expns$0TotalCommunityBenefitExpnsAmt
Direct Offsetting Revenue$1,268,232DirectOffsettingRevenueAmt
Net Community Benefit Expns$0NetCommunityBenefitExpnsAmt
Total Expense0.00000TotalExpensePct

Total Other Benefits TotalOtherBenefitsGrp

FieldValueIRS element (for citing)
Direct Offsetting Revenue$1,268,232DirectOffsettingRevenueAmt
Net Community Benefit Expns$0NetCommunityBenefitExpnsAmt
Total Expense0.00000TotalExpensePct

Total Community Benefits TotalCommunityBenefitsGrp

FieldValueIRS element (for citing)
Total Community Benefit Expns$32,161,173TotalCommunityBenefitExpnsAmt
Direct Offsetting Revenue$34,325,702DirectOffsettingRevenueAmt
Net Community Benefit Expns$2,222,348NetCommunityBenefitExpnsAmt
Total Expense0.04300TotalExpensePct
FieldValueIRS element (for citing)
Bad Debt Expense ReportedYes (1)BadDebtExpenseReportedInd
Bad Debt Expense$1,477,022BadDebtExpenseAmt
Reimbursed By Medicare$3,623,453ReimbursedByMedicareAmt
Cost Of Care Reimbursed By Medcr$4,451,946CostOfCareReimbursedByMedcrAmt
Medicare Surplus Or Shortfall-$828,493MedicareSurplusOrShortfallAmt

Costing Methodology Used CostingMethodologyUsedGrp

FieldValueIRS element (for citing)
Cost To Charge RatioYes (X)CostToChargeRatioInd
FieldValueIRS element (for citing)
Written Debt Collection PolicyYes (1)WrittenDebtCollectionPolicyInd
Financial Assistance PrvsnYes (1)FinancialAssistancePrvsnInd
Hospital Facilities1HospitalFacilitiesCnt

Hospital Facilities HospitalFacilitiesGrp

FieldValueIRS element (for citing)
Facility1FacilityNum

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Insight Chicago IncBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line12525 S Michigan AveAddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP60616ZIPCd
FieldValueIRS element (for citing)
Website Addresswww.insightchicago.comWebsiteAddressTxt
State License0006427StateLicenseNum
Licensed HospitalYes (X)LicensedHospitalInd
General Medical And SurgicalYes (X)GeneralMedicalAndSurgicalInd
Emergency Room24 HrsYes (X)EmergencyRoom24HrsInd

Hospital Fclty Policies Prctc HospitalFcltyPoliciesPrctcGrp

Hospital Facility Name HospitalFacilityName

FieldValueIRS element (for citing)
Business Name Line1Insight Chicago IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Facility1FacilityNum
First Licensed CY Or PYYes (1)FirstLicensedCYOrPYInd
Tax Exempt Hospital CY Or PYYes (1)TaxExemptHospitalCYOrPYInd
CHNA Conducted0CHNAConductedInd
Organization Incur Excise Tax0OrganizationIncurExciseTaxInd
Elig Criteria ExplainedYes (1)EligCriteriaExplainedInd
FPG Family Incm Lmt Free DscntYes (X)FPGFamilyIncmLmtFreeDscntInd
FPG Family Incm Lmt Free Care200.000000000000FPGFamilyIncmLmtFreeCarePct
FPG Family Incm Lmt Dscnt Care600.000000000000FPGFamilyIncmLmtDscntCarePct
Asset Level CriteriaYes (X)AssetLevelCriteriaInd
Medical Indigency CriteriaYes (X)MedicalIndigencyCriteriaInd
Insurance Status CriteriaYes (X)InsuranceStatusCriteriaInd
Underinsurance Stat CriteriaYes (X)UnderinsuranceStatCriteriaInd
Residency CriteriaYes (X)ResidencyCriteriaInd
Explained BasisYes (1)ExplainedBasisInd
App Financial Asst ExplnYes (1)AppFinancialAsstExplnInd
Described InfoYes (X)DescribedInfoInd
Described Suprt DocYes (X)DescribedSuprtDocInd
Provided Hospital ContactYes (X)ProvidedHospitalContactInd
Provided Nonprofit ContactYes (X)ProvidedNonprofitContactInd
Includes Publicity MeasuresYes (1)IncludesPublicityMeasuresInd
FAP Available On WebsiteYes (X)FAPAvailableOnWebsiteInd
FAP Available On Website URLhttps://insightchicago.com/financial-assistance/FAPAvailableOnWebsiteURLTxt
FAP App Available On WebsiteYes (X)FAPAppAvailableOnWebsiteInd
FAP App Available On Website URLhttps://insightchicago.com/financial-assistance/FAPAppAvailableOnWebsiteURLTxt
FAP Summary On WebsiteYes (X)FAPSummaryOnWebsiteInd
FAP Summary On Website URLhttps://insightchicago.com/financial-assistance/FAPSummaryOnWebsiteURLTxt
FAP Avlbl On Request No ChargeYes (X)FAPAvlblOnRequestNoChargeInd
FAP App Avlbl On Request No ChrgYes (X)FAPAppAvlblOnRequestNoChrgInd
FAP Sum Avlbl On Request No ChrgYes (X)FAPSumAvlblOnRequestNoChrgInd
Notified FAP Copy Bill DisplayYes (X)NotifiedFAPCopyBillDisplayInd
Communtity Notified FAPYes (X)CommuntityNotifiedFAPInd
FAP TranslatedYes (X)FAPTranslatedInd
FAP Actions On NonpaymentYes (1)FAPActionsOnNonpaymentInd
Permit Report To Credit AgencyYes (X)PermitReportToCreditAgencyInd
Permit Defer Deny Rqr PaymentYes (X)PermitDeferDenyRqrPaymentInd
Permit Legal Judicial ProcessYes (X)PermitLegalJudicialProcessInd
Collection Activities0CollectionActivitiesInd
Provided Written NoticeYes (X)ProvidedWrittenNoticeInd
Made Effort Orally NotifyYes (X)MadeEffortOrallyNotifyInd
Processed FAP ApplicationYes (X)ProcessedFAPApplicationInd
Made Presumptive Elig DetermYes (X)MadePresumptiveEligDetermInd
Nondis Emergency Care PolicyYes (1)NondisEmergencyCarePolicyInd
Look Back Medicare PrivateYes (X)LookBackMedicarePrivateInd
Amounts Generally Billed0AmountsGenerallyBilledInd
Gross Charges0GrossChargesInd

Supplemental Information SupplementalInformationGrp

FieldValueIRS element (for citing)
Form And Line ReferenceInsight Chicago Inc.FormAndLineReferenceDesc
ExplanationPart V, Section B, Line 2: Insight was formed in 2021 and purchased the assets of Mercy Hospital and Medical Center and started operations June 1.ExplanationTxt

Supplemental Information Detail SupplementalInformationDetail (11 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part I, Line 7, Column (f):The Bad Debt expense included on Form 990, Part IX, Line 25, Column (A), but subtracted for purposes of calculating the percentage in this column is $ 1,477,022.
Part III, Line 2:Methodology used for Bad Debts - Any discounts provided or payments made to any particular patient account are applied to that patient account prior to any bad debt write-off and are thus not included in bad debt expense. As a result of the payment and adjustment activity
Part III, Line 4:Please refer to Pages 7-9 of the attached audit report for footnotes describing accounts receivable and patient service revenue.
Part III, Line 8:Insight does not believe any Medicare shortfall should be treated as community benefit. Medicare costs were obtained from the filed Medicare cost report. The costs are based on Medicare allowable costs as reported on worksheet B, column 27, which exclude direct medical education costs. Inpatient Medicare costs are calculated based on a combination of allowable cost per day times Medicare days for routine services and cost to charge ratio times medicare charges for ancillary services. Outpaitent medicare costs are calculated based on cost to charge ratio times medicare charges by ancillary department
Part III, Line 9b:The Hospital's collection policy contains provisions on the collection practices to be followed for patients who are known to qualify for financial assistance. Charity discounts are applied to the amounts that qualify for financial assistance. Collection practices for the remaining balances are clearly ourtlined in the organization's collection policy. The hospital has implemented billing and collection practices for patinet payment obligations that are fair, consistent and compliant with state and federal regulations
Part VI, Line 2:We received and reviewed the 2019 CHNA performed by Mercy Hospital and Medical Center prior to acquistion of the facility.
Part VI, Line 3:Our patient access team informs patients of their billing requirements and eligibility for assistance. In addition, we have signs directing assistance and provide applications for financial assistance at check out. The financial assistance policy and paperwork are published on our website, in multiple languages as well.
Part VI, Line 4:We provide services to all who enter and are in need. Specifically, we are located on the South side of Chicago and predominantly serve that area as well as the Chinatown area of the City of Chicago.
Part VI, Line 5:The Hospital has an open medical staff as well as a community board that tries to highlight issues of the community. In addition, the Hospital seeks to partner with local groups to understand and provide services to the community.
Part VI, Line 6:Insight Chicago is not part of an affiliated health program
Part VI, Line 7, Reports Filed With StatesIL

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Anita Goyal
Physician$213,430$0$0$0$205$0$0$0$550$0$214,185$0$0$0
Ahmad Elakil
Physician$210,622$0$0$0$150$0$0$0$2,783$0$213,555$0$0$0
Dillon Bannis
Physician$199,385$0$0$0$180$0$0$0$493$0$200,058$0$0$0
Jawad Hussain
Physician$180,755$0$0$0$160$0$0$0$10,536$0$191,451$0$0$0
Bradley Dickson
Physician$164,120$0$0$0$124$0$0$0$387$0$164,631$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section A, line 2Dr. Naveed Mallick, Board Member, and Muaz Jondy, Board Member, have a family relationship. The following individuals have a business relationship in relation to Insight Management and Consulting Services, Inc. (IMCS), Atif Bawahab (Chief Strategy Officer of IMCS), Ali Madha (Chief Operating Officer of IMCS), Atiq Nakrawala (Chief Financial Officer of IMCS), Nadir Ijaz (employee of IMCS), Baseer Tajuddin (employee of IMCS), Kaleem Qazi (employee of IMCS), and Maryum Rasool (employee of IMCS). In addition, the sole owner of IMSC is Chairman Emeritus (non-voting board member) of Insight Chicago.
Form 990, Part VI, Section A, line 3Certain functions of key employees (for example: service line leadership, administrative leadership, legal, finance, RCM integrity, pharmacy services, laboratory Services, radiology services) are managed by a third party management company, Insight Management and Consulting Services, Inc. (IMCS) Insight Chicago paid IMCS $4,750,000 in management fees during the tax year. Certain Officers and Board of Directors of Insight Chicago are also officers and or employees of IMCS.
Form 990, Part VI, Section A, line 7aThe Firdaus Foundation shall appoint at least three (3) Directors (the "Firdaus Directors").
Form 990, Part VI, Section A, line 7bFirdaus Foundation has authority and reserved powers to make governance decisions.
Form 990, Part VI, Section B, line 11bThe Accounting and legal team met internally to review and respond to the questionnaire working with the independent accounting firm on completion of the 990. Once the 990 is finalized, the Accounting team will review key items with leadership.
Form 990, Part VI, Section B, line 12cBefore any vote in a meeting for the Board of Directors, Board Members and Officers are asked whether they have any conflicts on voting on certain matters - and are required to abstain from voting on such matters. Key employees are required to disclose any conflicting interests before starting and are monitored accordingly. Any prospective business that the entity might engage in discloses if it has any ties with anyone at Insight Chicago. If concerns are brought regarding potential conflicts of interests, they are investigated by legal or outside counsel.
Form 990, Part VI, Section B, line 15Compensation for executive contracts or independent contractors are presented to the Board of Directors for approval. Along with the individual, title, role - the proposed compensation, and whether it meets fair market value (and how fair market value was determined in each instance) is provided to the board. Examples of how fair market value is determined include independent analysis, competing offers the individual received, and if there is some third party that lists such compensation for the area.
Form 990, Part VI, Section C, line 19The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request for the same period of disclosure as set forth in IRC section 6104(d).
Form 990, Part IX, line 11gContract Labor: Program service expenses 8,039. Management and general expenses 715,203. Fundraising expenses 0. Total expenses 723,242. Physician Fees: Program service expenses 787,690. Management and general expenses 47,354. Fundraising expenses 0. Total expenses 835,044. Consulting Fees: Program service expenses 965,265. Management and general expenses 4,473,667. Fundraising expenses 16,252. Total expenses 5,455,184. Purchased Services: Program service expenses 641,244. Management and general expenses 2,971,943. Fundraising expenses 10,797. Total expenses 3,623,984. Cleaning Services: Program service expenses 4,785. Management and general expenses 22,176. Fundraising expenses 81. Total expenses 27,042. Security Services: Program service expenses 194,115. Management and general expenses 899,656. Fundraising expenses 3,268. Total expenses 1,097,039. Other Professional Fees: Program service expenses 165,417. Management and general expenses 766,651. Fundraising expenses 2,785. Total expenses 934,853.
Form 990, Part XI, line 9:Inherent contribution of net assets 30,585,159.