2025-11-14T13:36:09-06:00 2024-12-31 363168081 SIKICH LLC 17335 GOLF PARKWAY SUITE 500 BROOKFIELD WI 53045 990 2024-01-01 800445929 MHNU CORPORATION MHNU 3122740126 180 N STETSON 600-1 CHICAGO IL 60601 WILLIAM SCHLEICHER SECRETARY AND TREASURER 3122740126 2025-11-14 1 1 JILL M BOYLE CPA P01246734 2627549400 2025-11-14 2024 2025-03-06 01:10:19Z WILLIAM SCHLEICHER 180 N STETSON 600-1 CHICAGO IL 60601 51861842 0 X N/A X 2009 IL TO IMPROVE THE HEALTH OF MEDICAID RECIPIENTS IN CHICAGO. X 6 1 138 0 0 0 56110 29183 34182098 25030247 760282 23207933 0 390417 34998490 48657780 200362 539182 0 0 23048698 14634401 0 0 0 22628576 18779047 45877636 33952630 -10879146 14705150 32740106 33099692 17704805 3527520 15035301 29572172 X BY ORGANIZING A FORMAL HEALTHCARE PROVIDER COLLABORATIVE, MHNU'S MISSION IS TO IMPROVE THE HEALTH OF MEDICAID RECIPIENTS IN CHICAGO BY ENHANCING CARE COORDINATION AND QUALITY, IMPROVING ACCESS AND REDUCING FRAGMENTATION AND COST, ALL WHILE REINFORCING THE MEDICAL HOME. MHNU'S GOAL IS TO SERVE AS A MODEL FOR COLLABORATIVE AND PATIENT-CENTERED CARE. 0 0 8773544 9618712 ESTABLISH CONNECTIVITY THROUGH VIRTUAL INTEGRATION OF THE MHNU PROVIDERS TO LEVERAGE THE VALUE OF HEALTH INFORMATION TECHNOLOGY TO FACILITATE IMPROVED CARE COORDINATION, IMPROVED CLINICAL DECISION SUPPORT AND POPULATION MANAGEMENT ACTIVITY. 6601229 3356795 THE ACO REALIZING EQUITY, ACCESS AND COMMUNITY HEALTH (AACO REACH) MODEL PROVIDES NOVEL TOOLS AND RESOURCES FOR HEALTH CARE PROVIDERS TO WORK TOGETHER IN AN ACCOUNTABLE CARE ORGANIZATION (ACO) TO IMPROVE THE QUALITY OF CARE FOR PEOPLE WITH TRADITIONAL MEDICARE. TO HELP ADVANCE HEALTH EQUITY, THE ACO HAS A ROBUST PLAN TO MEET THE NEEDS OF PEOPLE WITH TRADITIONAL MEDICARE IN UNDERSERVED COMMUNITIES AND MAKE MEASURABLE CHANGES TO ADDRESS HEALTH DISPARITIES. ADDITIONALLY, THE MODEL USES AN INNOVATIVE PAYMENT APPROACH TO BETTER SUPPORT CARE DELIVERY AND COORDINATION FOR PEOPLE IN UNDERSERVED COMMUNITIES. 3654497 3133654 COLLABORATION OF HEALTH CARE AND SOCIAL SERVICE PROVIDERS ON THE WEST SIDE OF CHICAGO. ITS PURPOSES IS TO CREATE AN UNPRECEDENTED AND UNINTERRUPTED CONTINUITY OF CARE AMONG HOSPITALS, OUTPATIENT CARE, THE SOCIAL SERVICE NETWORK AND COMMUNITY RESIDENTS. 14635144 8921086 OTHER PROGRAM INITIATIVES 14635144 8921086 33664414 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 1 0 0 1 39 0 138 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 1 1 0 0 0 0 0 0 1 1 1 0 1 1 1 1 1 1 1 1 0 CA IL OK X WILLIAM SCHLEICHER 2627985080 20935 SWENSON DR 125 WAUKESHA WI 53186 CHERYL LULIAS PRESIDENT & CEO 40.00 X X 1011897 0 13800 DR ARTHUR JONES DIRECTOR/CHIEF MEDICAL OFFICER 20.00 X X 555046 0 13800 ALAN CHANNING DIRECTOR 3.00 X 11167 0 0 CAROL MCCARTHY DIRECTOR 3.00 X 11167 0 0 STEPHANIE COMER BOARD CHAIR 3.00 X X 0 0 0 WILLIAM T SCHLEICHER JR SECRETARY AND TREASURER 10.00 X X 24000 0 0 WENDY COX CHIEF FINANCIAL OFFICER 40.00 X 523895 0 12322 JAMES POSPYCHALS CHIEF OPERATING OFFICER 40.00 X 216550 0 7567 TODD BURKARD VP OF DATA ANALYTICS 40.00 X 288117 0 8916 LAURA MERRICK ASSOC. VP OF HEALTH INFO TECH 40.00 X 266081 0 9587 MISTY DRAKE VP CLIENT SERVICES AND GROWTH 40.00 X 304546 0 8875 MELANIE TAN VP STRATEGY AND GROWTH 40.00 X 268565 0 9688 VAMSI KOSURU VP PRODUCT AND ENGINEERING 40.00 X 228947 0 8085 3709978 0 92640 9 0 1 0 KING & SPALDING LLP PO BOX 116133 ATLANTIC GA 30368 LEGAL 911462 SCAS MANAGEMENT GROUP LLC 3073 S CHASE AVE MILWAUKEE WI 53207 CLAIMS PROCESSING 407193 MILLIMAN 17335 GOLF PARKWAY SUITE 100 BROOKFIELD WI 53045 ACTURIAL 349046 WANXIANG STERLING STETSON OWNER LLC 180 NORTH STETSON SUITE 840 CHICAGO IL 60601 RENT 338932 RADHA CONSULTING LLC 200 NORMAL SCHOOL WAY LIBERTY HILL TX 78642 IT CONSULTING 338000 13 29183 29183 PREMIUM REVENUE 624100 9515086 9515086 MGMT SERVICES CONTRACT 624100 6898924 6898924 CLAIM REVENUE 624100 6589657 6589657 CARE MGMT COORDINATION 624100 2026580 2026580 25030247 1411995 1411995 25000000 3204062 21795938 21795938 21795938 GAIN ON SUBSIDIARIES 624100 390417 390417 390417 48657780 25030247 0 23598350 X 539182 539182 3685978 3685978 8739900 8739900 1402686 1402686 805837 805837 1450440 1450440 146795 146795 7936 7936 5644839 5644839 191016 191016 133485 133485 288844 288844 130956 130956 31074 31074 80437 80437 101155 101155 CARE MANAGEMENT CAPITAT 6004477 6004477 SHARED RISK EXPENSE 3814060 3814060 RECRUITING 235310 235310 AMORTIZATION 179955 179955 338268 338268 33952630 33664414 288216 0 25003146 29412219 1993903 107625 986137 46015 0 345990 2025000 3533833 179955 0 2205975 0 32740106 33099692 968659 654954 46418 0 16689728 2872566 17704805 3527520 X 15035301 29572172 15035301 29572172 32740106 33099692 14705150 -168279 0 X 0 1 X 1 0 X 49975 56110 29183 135268 18200558 19506152 22101881 34182098 25030247 119020936 18200558 19506152 22151856 34238208 25059430 119156204 0 0 0 119156204 77236 46253 78672 760282 1411995 2374438 77236 46253 78672 760282 1411995 2374438 4450 1622222 390417 2017089 18282244 21174627 22230528 34998490 26861842 123547731 0.96450 0.97570 0.01920 0.00970 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: GAIN/LOSS ON SUBSIDIARIES - 2024 AMOUNT: $ 390,417. MISCELLANEOUS REVENUE - 2020 AMOUNT: $ 4,450. 2021 AMOUNT: $ 1,622,222. 0 INVESTMENT IN MORECARE 2283833 C INVESTMENT IN MHN CARE INNOVATIONS 1250000 C 3533833 ACCRUED SHARED RISK LOSSES 2500000 DUE TO AFFILIATE 372566 2872566 X PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT MHNU IS A NOT-FOR-PROFIT ENTITY UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND IS EXEMPT FROM FEDERAL INCOME TAXES AS A CHARITABLE ORGANIZATION PURSUANT TO SECTION 501(A) OF THE IRC. MHNU IS NOT A PRIVATE FOUNDATION. MHNU IS ALSO EXEMPT FROM STATE TAXATION AS A CHARITABLE ORGANIZATION. THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. MHNU FILES VARIOUS FEDERAL AND STATE NON-PROFIT RETURNS AND ARE NO LONGER SUBJECT TO U.S. FEDERAL OR STATE EXAMINATIONS BY TAX AUTHORITIES FOR TAX YEARS PRIOR TO 2021. HOWEVER, MHNU MAY BE SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSES, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE IRC. MHNU DID NOT REPORT ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2024. MORECARE IS A TAXABLE ENTITY SUBJECT TO FEDERAL AND STATE INCOME TAXES. CARE INNOVATIONS IS A SINGLE MEMBER LLC OWNED 100% BY MHNU UNTIL THE SALE OF THE COMPANY EFFECTIVE SEPTEMBER 5, 2024. ALL ACTIVITY FLOWED THROUGH TO MHNU. MHN REACH IS A SINGLE MEMBER LLC OWNED 100% BY CARE INNOVATIONS. ALL ACTIVITY FLOWED THROUGH TO CARE INNOVATIONS. MHNU AND MORECARE FILE STANDALONE FEDERAL AND STATE INCOME TAX RETURNS. DEFERRED TAXES ARE PROVIDED ON A LIABILITY METHOD WHEREBY DEFERRED TAX ASSETS ARE RECOGNIZED FOR DEDUCTIBLE TEMPORARY DIFFERENCES AND OPERATING LOSS AND TAX CREDIT CARRYFORWARDS AND DEFERRED TAX LIABILITIES ARE RECOGNIZED FOR TAXABLE TEMPORARY DIFFERENCES. TEMPORARY DIFFERENCES ARE THE DIFFERENCES BETWEEN THE REPORTED AMOUNTS OF ASSETS AND LIABILITIES AND THEIR TAX BASES. DEFERRED TAX ASSETS RELATE PRIMARILY TO START-UP COSTS AND NET OPERATING LOSSES. DEFERRED TAX ASSETS ARE REDUCED BY A VALUATION ALLOWANCE WHEN, IN THE OPINION OF MANAGEMENT, IT IS MORE LIKELY THAN NOT THAT SOME PORTION OR ALL OF THE DEFERRED TAX ASSETS WILL NOT BE REALIZED. DEFERRED TAX ASSETS AND LIABILITIES ARE ADJUSTED FOR THE EFFECTS OF CHANGES IN TAX LAWS AND RATES ON THE DATE OF ENACTMENT. 1 MHN ACO LLC 180 N STETSON STE 600-1 CHICAGO IL 60601 300833127 501(C)(3) 500000 0 SUPPORT ORGANIZATION 1 PART I, LINE 2: TAXPAYER'S BOARD MANAGEMENT IS RESPONSIBLE FOR CHOOSING THE CONTRIBUTION RECIPIENTS. ASIDE FROM CONFIRMING RECEIPT OF THE CONTRIBUTION FUNDS BY THE RECIPIENT, TAXPAYER WILL ALSO HAVE SIGNED AGREEMENTS IN PLACE AND AT TAXPAYER'S DISCRETION MAY RECEIVE REPORTS ON HOW THE CONTRIBUTIONS ARE SPENT. X 1 1 X X X 0 0 0 0 0 0 0 1 0 CHERYL LULIAS PRESIDENT & CEO 510802 0 500000 0 1095 0 13800 0 0 0 1025697 0 0 0 DR ARTHUR JONES DIRECTOR/CHIEF MEDICAL OFFICER 255046 0 300000 0 0 0 13800 0 0 0 568846 0 0 0 WENDY COX CHIEF FINANCIAL OFFICER 322395 0 200000 0 1500 0 12322 0 0 0 536217 0 0 0 MISTY DRAKE VP CLIENT SERVICES AND GROWTH 229546 0 75000 0 0 0 8875 0 0 0 313421 0 0 0 TODD BURKARD VP OF DATA ANALYTICS 234970 0 52000 0 1147 0 8916 0 0 0 297033 0 0 0 MELANIE TAN VP STRATEGY AND GROWTH 193565 0 75000 0 0 0 9688 0 0 0 278253 0 0 0 LAURA MERRICK ASSOC. VP OF HEALTH INFO TECH 191081 0 75000 0 0 0 9587 0 0 0 275668 0 0 0 VAMSI KOSURU VP PRODUCT AND ENGINEERING 203947 0 25000 0 0 0 8085 0 0 0 237032 0 0 0 JAMES POSPYCHALS CHIEF OPERATING OFFICER 201550 0 15000 0 0 0 7567 0 0 0 224117 0 0 0 PART I, LINE 7 COMPANY PERFORMANCE AND ANNUAL REVIEWS WERE TAKEN INTO ACCOUNT WHEN DETERMINING ACTUAL BONUS PAYOUTS. PROPOSED BONUSES WERE REVIEWED BY THE EXECUTIVE DIRECTOR AND BOARD OF DIRECTORS PRIOR TO APPROVAL/PAYOUT. CASH AND CASH EQUIVALENTS 2024-09-05 15041725 FMV 993352015 MEDICAL HOME NETWORK PBC 180 N STETSON SUITE 600-1 CHICAGO IL 60601 CORPORATION INVESTMENTS 2024-09-05 113636 FMV 993352015 MEDICAL HOME NETWORK PBC 180 N STETSON SUITE 600-1 CHICAGO IL 60601 CORPORATION A/R 2024-09-05 2777242 FMV 993352015 MEDICAL HOME NETWORK PBC 180 N STETSON SUITE 600-1 CHICAGO IL 60601 CORPORATION PROPERTY AND EQUIPMENT 2024-09-05 267135 BOOK VALUE 993352015 MEDICAL HOME NETWORK PBC 180 N STETSON SUITE 600-1 CHICAGO IL 60601 CORPORATION OTHER ASSETS 2024-09-05 1644912 BOOK VALUE 993352015 MEDICAL HOME NETWORK PBC 180 N STETSON SUITE 600-1 CHICAGO IL 60601 CORPORATION 0 1 0 0 PART II, LINE 2E: EXPLANATION OF INVOLVEMENT: INCLUDED IN THE SALE OF ASSETS IN 2024, ALL CURRENT EMPLOYEES AT THAT TIME WERE TRANSFERRED TO THE TRANSFEREE ORGANIZATION. ON DECEMBER 31, 2024 THERE WERE NO W-2 EMPLOYEES OF MHNU. FORM 990, PART VI, SECTION A, LINE 2 STEPHANIE COMER IS A CO-TRUSTEE OF THE STEPHANIE COMER 2015 DYNASTY TRUST AND ALSO A DIRECTOR OF GARY COMER, INC., WHICH IS 50% OWNED BY STEPHANIE COMER 2015 DYNASTY TRUST. WILLIAM SCHLEICHER IS ALSO A CO-TRUSTEE OF THE STEPHANIE COMER 2015 DYNASTY TRUST. IN ADDITION, HE IS A DIRECTOR AND OFFICER OF MULTIPLE ENTITIES 50% OWNED BY THE STEPHANIE COMER 2015 DYNASTY TRUST, ONE OF THEM BEING GARY COMER, INC. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION WORKS CLOSELY WITH AN INDEPENDENT ACCOUNTING FIRM TO ENSURE FORM 990 IS ACCURATELY PREPARED. ALL BOARD MEMBERS ARE PRESENTED WITH AN OPPORTUNITY TO REVIEW FORM 990 AND ASK QUESTIONS OR MAKE SUGGESTED REVISIONS. FORM 990 IS ALSO THOROUGHLY REVIEWED BY THE CEO BEFORE BEING SIGNED AND SUBMITTED FOR FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL MEMBERS OF TAXPAYER'S BOARD OF DIRECTORS ANNUALLY SIGN A CONFLICT OF INTEREST POLICY. PERIODIC REVIEWS DURING THE TAX YEAR OF THE CONFLICT OF INTEREST POLICY ARE CONDUCTED BY OR UNDER THE SUPERVISION OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 THE TAXPAYER'S BOARD OF DIRECTORS IS COMITTED TO ENSURING THAT STAFF ARE PAID AT COMPETITIVE MARKET RATES THAT COMPLY WITH PROHIBITIONS AGAINST THE PAYMENT OF EXCESS COMPENSATION BY NON-PROFIT CORPORATIONS. FACTORS CONSIDERED BY THE BOARD IN DETERMINING COMPENSATION FOR TOP MANAGMENT INCLUDE COMPARISON OF JOB DESCRIPTIONS AND RESPONSIBILITIES, REVIEWS OF MARKET COMPENSATION LEVELS (INCLUDING INPUT FROM 3RD PARTY RECRUITERS OFTEN USED TO FILL THESE ROLES), INFORMATION FROM FORM 990S OF COMPARABLE NON-PROFIT ENTITIES, AND PAST SALARY HISTORY. SALARY ADJUSTMENT AND BONUSES ARE APPROVED ANNUALLY BY ONE OR MORE MEMBERS OF THE BOARD SERVING ON THE BOARD COMPENSATION COMITTEE. FORM 990, PART VI, SECTION C, LINE 19 TAXPAYER DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC FORM 990, PART IX, LINE 11G CONSULTING SERVICES: PROGRAM SERVICE EXPENSES 2,853,135. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,853,135. TECHNOLOGY & ANALYTICS: PROGRAM SERVICE EXPENSES 1,618,177. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,618,177. PAYROLL PROCESSING FEES: PROGRAM SERVICE EXPENSES 47,162. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 47,162. CONTRACTUAL SERVICES: PROGRAM SERVICE EXPENSES 598,098. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 598,098. TPA EXPENSE: PROGRAM SERVICE EXPENSES 407,193. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 407,193. ACTUARIAL SERVICES: PROGRAM SERVICE EXPENSES 119,232. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 119,232. TRANSLATION SERVICES: PROGRAM SERVICE EXPENSES 1,842. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,842. MHN CARE INNOVATIONS LLC 180 N STETSON SUITE 600-1 CHICAGO IL 60601 PARENT COMPANY IL 20021 0 MHNU CORPORATION MHN REACH ACO LLC 180 N STETSON SUITE 600-1 CHICAGO IL 60601 COMMUNITY HEALTH IL 653874 0 MHN CARE INNOVATIONS LLC MORECARE INC 180 N STETSON SUITE 600-1 CHICAGO IL 60601 831911116 INSURANCE IL MHNU CORPORATION C 427114 2747199 1.00000 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 MHN ACO LLC B 500000 COST