Compensation 990

Carle Development Foundation

Fiscal year ending 2022. Filed on November 15, 2023.

611 W Park Street
23 Line Tree Bay Ave
Urbana, Illinois 61801

Carle Development Foundation (EIN: 37-1159978), also known as Carle Center for Philanthropy, has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2022 IRS Form 990 filing, Carle Development Foundation, a 501(c)(3) charitable organization, reported compensation for 10 out of 28 total employees. Among the employees shown here, the average compensation is $979,671. The highest compensated employee at Carle Development Foundation is James C Leonard, M.D. with fiscal year 2022 compensation of $2,801,918.

Revenue, expenses, and employee compensation

Revenue

$7,867,151

Expenses

$5,974,030

Employee compensation

$1,675,388
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

－11.8%vs 2021
James C Leonard, M.D.
Ex-Officio, Voting; - President and CEO
$2,801,918
$0 from org$2,140,109 from related$661,809 other
New in 2022
Matthew Kolb Jd Mha
Executive Vice President and Chief Operating Officer
$1,757,452
$0 from org$1,363,262 from related$394,190 other
－12.4%vs 2021
Dennis Hesch
Executive Vice President, Chief Finance and Strategy Officer
$1,700,899
$0 from org$1,286,099 from related$414,800 other
－14.0%vs 2021
Laurence Fallon
Former Key Employee
$1,141,155
$0 from org$851,281 from related$289,874 other
＋18.7%vs 2021
Lauren Schmid
Executive Vice President, Chief Human Resources Officer
$1,001,069
$0 from org$772,322 from related$228,747 other
＋0.8%vs 2021
Malec Mokraoui, M.D.
Trustee
$522,095
$0 from org$463,282 from related$58,813 other
－5.4%vs 2021
Lizbeth Katsinas
Vice President, Center for Philantropy
$379,673
$0 from org$314,146 from related$65,527 other
＋4.8%vs 2021
Shelleigh Birlingmair
Vice President, Bromenn and Eureka Development
$218,520
$171,821 from orgNo related comp$46,699 other
－3.3%vs 2021
Roger Laramee
Director, Development CFH
$148,075
$137,860 from orgNo related comp$10,215 other
＋13.8%vs 2021
Laura Caveny
Director, Development and Grateful Giving CFH
$125,849
$116,701 from orgNo related comp$9,148 other

Non-Employee Board Members

Bud Leister
Board Secretary
Curt Anderson
Trustee
Donna Greene
Trustee
Joseph Barkmeier, M.D.
Board Treasurer
Julia Eichorst
Trustee
Justin Kirby
Trustee
Karl Appelquist
Ex-Officio, Voting
Kathy Aquino
Ex-Officio, Voting
Mary McGrath
Chair
Paul Tucker, Ph.D.
Ex-Officio, Voting
Phillip Blankenburg
Vice Chair
Rick Stephens
Trustee

Mission Statement

TO RAISE FUNDS FROM THE PUBLIC AND OTHER SOURCES, MAINTAIN THOSE FUNDS AND, AS APPROPRIATE, EXPEND PRINCIPAL AND INCOME TO SUPPORT THE CARLE FOUNDATION MISSION OF PROVIDING HIGH QUALITY HEALTH CARE AND ADVANCING MEDICAL RESEARCH AND EDUCATION IN CENTRAL ILLINOIS.

Revisions to this organization profile

November 15, 2025:
2024 Carle Development Foundation 990 filed
November 15, 2024:
2023 Carle Development Foundation 990 filed
November 15, 2023:
2022 Carle Development Foundation 990 filed

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