HEALTHCARE INFORMATION AND MANAGEMENT SYSTEMS SOCIETY FOUNDATION Charity Report

Public IRS 990 nonprofit record

HEALTHCARE INFORMATION AND MANAGEMENT SYSTEMS SOCIETY FOUNDATION

EIN 36-4008359 · Scholarships & Student Financial Aid (B82)

What they do

HIMSS FOUNDATION is AN ILLINOIS NOT-FOR-PROFIT CORPORATION ORGANIZED and OPERATED EXCLUSIVELY for CHARITABLE, SCIENTIFIC or EDUCATIONAL PURPOSES WITHIN THE MEANING of SECTION 501(C)(3) of THE INTERNAL REVENUE CODE of 1986. HIMSS FOUNDATION SERVES AS THE PHILANTHROPIC ARM of HIMSS, PROVIDING SUPPORT and ASSISTANCE to THE ORGANIZATION, ITS MEMBERS and THE INDUSTRY THROUGH:- FINANCIAL ASSISTANCE (SCHOLARSHIPS) to STUDENTS IN HEALTHCARE-IT RELATED FIELDS-PROVIDING ACCESS for STUDENTS to THE DORENFEST INSTITUTE DATABASE- PROVIDING FINANCIAL RELIEF/ASSISTANCE for SPECIAL NEED-BASED PROGRAM ISSUES

Before you give

Should I give to this charity?

Easy charity check

The spending raises an important question

Of every $100 spent, about $8.60 was reported for mission work and $70.00 for fundraising. Understand this before you give.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2022The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders15 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

150.57%of revenue went to mission work8.6% of expenses · Program services

1,223.40%of revenue went to fundraising70.0% of expenses

$1,747.21spent for every $100 of revenueSpending was higher than revenue this year.

373.24%of revenue went to management and office costs21.4% of expenses

$1.06in assets for every $1 spent this yearSome assets cannot be spent right away.

89.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $540,894 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $210,307 for HAROLD WOLF III (CEO & PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2022

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$32,837

Mission workProgram services$49,443150.57% of revenue8.6% of expenses

ManagementOffice and general costs$122,561373.24% of revenue21.4% of expenses

FundraisingAsking for donations$401,7271,223.40% of revenue70.0% of expenses

Total expenses$573,7311,747.21% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Pause before giving. This filing reports that 70.0% of spending went to fundraising and 8.6% went to mission work. Ask the charity to explain these numbers and show recent results.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2022CurrentExpense mix: 8.6% mission · 21.4% management · 70.0% fundraisingTotal expenses: 1,747.21% of revenue

2021Expense mix: 21.6% mission · 15.9% management · 62.5% fundraisingTotal expenses: 297.34% of revenue

2020Expense mix: 33.6% mission · 66.4% management · 0.0% fundraisingTotal expenses: 23.18% of revenue

2019Expense mix: 50.0% mission · 50.0% management · 0.0% fundraisingTotal expenses: 201.10% of revenue

2018Expense mix: 82.7% mission · 17.3% management · 0.0% fundraisingTotal expenses: 162.81% of revenue

2017Expense mix: 85.0% mission · 15.0% management · 0.0% fundraisingTotal expenses: 112.02% of revenue

2016Expense mix: 87.8% mission · 12.2% management · 0.0% fundraisingTotal expenses: 77.21% of revenue

2015Expense mix: 74.2% mission · 25.8% management · 0.0% fundraisingTotal expenses: 98.36% of revenue

Money in and money out

Revenue$32,837

Expenses$573,731

Annual shortfall $540,894 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$49,443 · 8.6% of expenses

Management and office costs$122,561 · 21.4% of expenses

Fundraising$401,727 · 70.0% of expenses

See all reported dollar amounts

Revenue$32,837

Expenses$573,731

Assets$610,986

Income$170,605

Contributions$29,237

Mission work (program services)$49,443

Fundraising$401,727

Management and general$122,561

Stocks and bonds$608,674

Accounting fees$38,500

Investing fees$8,550

People

Leadership and board

Tax year 2022

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

HAROLD WOLF IIICEO & PRESIDENT · 1 hrs/week $210,307Base · Other $210,307

THOMAS LEARYEXECUTIVE DIRECTOR · 1 hrs/week $35,665Base · Other $35,665

NIKKI BROWNINTERIM CFO (THRU 12/31/22) · 1 hrs/week $25,777Base · Other $25,777

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (15)

HAROLD WOLF IIICEO & PRESIDENT

THOMAS LEARYEXECUTIVE DIRECTOR

NIKKI BROWNINTERIM CFO (THRU 12/31/22)

AMY COMPTON-PHILLIPSDIRECTOR

CHRISTOPHER ROSS MBA SHIMSSCHAIR

DONNA HENDERSONDIRECTOR (START 7/1/22)

ELENA SINIVICE CHAIR

HENNING SCHNEIDERVICE CHAIR (THRU 6/30/22)

LARRY LEISUREDIRECTOR (THRU 6/30/22)

MARK D SUGRUE MSN RN-BC FHIDIRECTOR

PAIVI SILLANAUKEEDIRECTOR

REBECCA MESSING HAIGLERDIRECTOR

SUMIT KUMAR NAGPAL FHIMSSDIRECTOR

SUSAN HEICHERTRN MA FHIMSSDIRECTOR

T K UDAIRAMDIRECTOR

About this charity

Recognized since: January 1996
Location: 550 W VAN BUREN ST STE 1110, CHICAGO, IL 60607-3805
County: Cook
In care of: % ANNA HARRIS
Primary officer: HAROLD WOLF III, CEO AND PRESIDENT

How to reach them

WebsiteVisit the charity’s website Phone(312) 664-4467

Filing and classification

Latest tax year: 2022
Tax period began: January 1, 2022
Return type: 990
Tax preparer: KPMG LLP
NTEE classification: Scholarships & Student Financial Aid (B82)
IRS tax category: Scholarships & Student Financial Aid