MHNU CORPORATION Charity Report

Public IRS 990 nonprofit record

MHNU CORPORATION

EIN 80-0445929 · Family Services (P40)

What they do

BY ORGANIZING A FORMAL HEALTHCARE PROVIDER COLLABORATIVE, MHNUS 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. MHNUS GOAL is to SERVE AS A MODEL for COLLABORATIVE and PATIENT-CENTERED CARE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $99.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

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 2024The charity has a recent tax report to read.

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

They name their leaders13 people are listed in the latest report.

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

Money made simple

69.19%of revenue went to mission work99.2% of expenses · Program services

$69.78spent for every $100 of revenueRevenue covered expenses this year.

0.59%of revenue went to management and office costs0.8% of expenses

$0.97in assets for every $1 spent this yearSome assets cannot be spent right away.

0.1%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.

Pay context: The highest compensation shown in this filing is $1,025,697 for CHERYL LULIAS (PRESIDENT & CEO). 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 2024

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$48,657,780

Mission workProgram services$33,664,41469.19% of revenue99.2% of expenses

ManagementOffice and general costs$288,2160.59% of revenue0.8% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$14,705,15030.22% of revenueShown in gray on the chart

Total expenses$33,952,63069.78% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

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

2024CurrentExpense mix: 99.2% mission · 0.8% management · 0.0% fundraisingTotal expenses: 69.78% of revenue

2023Expense mix: 98.6% mission · 1.4% management · 0.0% fundraisingTotal expenses: 131.08% of revenue

2022Expense mix: 99.1% mission · 0.9% management · 0.0% fundraisingTotal expenses: 104.43% of revenue

2021Expense mix: 99.6% mission · 0.4% management · 0.0% fundraisingTotal expenses: 84.52% of revenue

2020Expense mix: 99.1% mission · 0.9% management · 0.0% fundraisingTotal expenses: 87.31% of revenue

2019Expense mix: 99.7% mission · 0.3% management · 0.0% fundraisingTotal expenses: 88.68% of revenue

2018Expense mix: 99.7% mission · 0.3% management · 0.0% fundraisingTotal expenses: 82.88% of revenue

2017Expense mix: 99.7% mission · 0.3% management · 0.0% fundraisingTotal expenses: 79.16% of revenue

Money in and money out

Revenue$48,657,780

Expenses$33,952,630

Annual surplus $14,705,150 Revenue was higher than expenses 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)$33,664,414 · 99.2% of expenses

Management and office costs$288,216 · 0.8% of expenses

See all reported dollar amounts

Revenue$48,657,780

Expenses$33,952,630

Assets$33,099,692

Income$51,861,842

Contributions$29,183

Mission work (program services)$33,664,414

Grants given$1,508,710

Average grant$48,668

Management and general$288,216

Executive compensation (total)$2,129,422

Accounting fees$146,795

Investing fees$7,936

People

Leadership and board

Tax year 2024

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

People reported as paid

Person and titleCompensation

CHERYL LULIASPRESIDENT & CEO · 40 hrs/week $1,025,697Base $1,011,897 · Other $13,800

DR ARTHUR JONESDIRECTOR/CHIEF MEDICAL OFFICER · 20 hrs/week $568,846Base $555,046 · Other $13,800

WENDY COXCHIEF FINANCIAL OFFICER · 40 hrs/week $536,217Base $523,895 · Other $12,322

MISTY DRAKEVP CLIENT SERVICES AND GROWTH · 40 hrs/week $313,421Base $304,546 · Other $8,875

TODD BURKARDVP OF DATA ANALYTICS · 40 hrs/week $297,033Base $288,117 · Other $8,916

MELANIE TANVP STRATEGY AND GROWTH · 40 hrs/week $278,253Base $268,565 · Other $9,688

LAURA MERRICKASSOC. VP OF HEALTH INFO TECH · 40 hrs/week $275,668Base $266,081 · Other $9,587

VAMSI KOSURUVP PRODUCT AND ENGINEERING · 40 hrs/week $237,032Base $228,947 · Other $8,085

JAMES POSPYCHALSCHIEF OPERATING OFFICER · 40 hrs/week $224,117Base $216,550 · Other $7,567

WILLIAM T SCHLEICHER JRSECRETARY AND TREASURER · 10 hrs/week $24,000

ALAN CHANNINGDIRECTOR · 3 hrs/week $11,167

CAROL MCCARTHYDIRECTOR · 3 hrs/week $11,167

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 (13)

CHERYL LULIASPRESIDENT & CEO

DR ARTHUR JONESDIRECTOR/CHIEF MEDICAL OFFICER

WENDY COXCHIEF FINANCIAL OFFICER

MISTY DRAKEVP CLIENT SERVICES AND GROWTH

TODD BURKARDVP OF DATA ANALYTICS

MELANIE TANVP STRATEGY AND GROWTH

LAURA MERRICKASSOC. VP OF HEALTH INFO TECH

VAMSI KOSURUVP PRODUCT AND ENGINEERING

JAMES POSPYCHALSCHIEF OPERATING OFFICER

WILLIAM T SCHLEICHER JRSECRETARY AND TREASURER

ALAN CHANNINGDIRECTOR

CAROL MCCARTHYDIRECTOR

STEPHANIE COMERBOARD CHAIR

About this charity

Recognized since: January 2010
Location: 180 N STETSON AVE STE 600-1, CHICAGO, IL 60601-6822
County: Cook
In care of: % WENDY COX
Primary officer: WILLIAM SCHLEICHER, SECRETARY AND TREASURER

How to reach them

Phone(312) 274-0126

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: SIKICH LLC
NTEE classification: Family Services (P40)
IRS tax category: Family Services
Grant-giving organization: Yes