The Carle Foundation

Fiscal year ending 2024. Filed on November 15, 2025.

611 W Park Street
6th Floor
Urbana, Illinois 61801

The Carle Foundation (EIN: 37-0673465) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, The Carle Foundation, a 501(c)(3) charitable organization, reported compensation for 19 out of 3,366 total employees. Among the employees shown here, the average compensation is $880,693. The highest compensated employee at The Carle Foundation is James C Leonard, M.D. with fiscal year 2024 compensation of $2,348,482.

Revenue, expenses, and employee compensation

Revenue

$693,331,990

Expenses

$641,458,723

Employee compensation

$289,093,827
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

-59.0%vs 2023
James C Leonard, M.D.
Ex-Officio, Officer - President and CEO
$2,348,482
$2,298,226 from orgNo related comp$50,256 other
-9.2%vs 2023
Matthew Kolb Jd Mha
Officer - President, Carle Health Regions // Executive Vice President, Chief Operating Officer
$1,752,332
$1,418,629 from orgNo related comp$333,703 other
-14.5%vs 2023
Dennis Hesch
Officer - Executive Vice President, Chief Finance and Strategy Officer
$1,507,677
$1,175,111 from orgNo related comp$332,566 other
+7.2%vs 2023
Napoleon Knight, M.D., Mba
Officer - Executive Vice President, Chief Medical Officer
$1,132,746
$1,091,552 from orgNo related comp$41,194 other
-12.3%vs 2023
Laurence Fallon, Jd
Officer - Executive Vice President, Chief Legal Officer
$1,017,845
$798,181 from orgNo related comp$219,664 other
-14.9%vs 2023
Lauren Schmid, Mba
Officer - Executive Vice President, Chief Human Resources Officer
$983,756
$878,588 from orgNo related comp$105,168 other
-6.8%vs 2023
Sherfield Dawson, M.D.
Board Member and Physician
$939,679
$0 from org$893,402 from related$46,277 other
+6.6%vs 2023
Ryan Porter, M.D.
Board Member and Physician
$893,616
$0 from org$831,258 from related$62,358 other
+1.3%vs 2023
Colleen Kannaday
President, Carle Health - Central Region
$862,570
$673,013 from orgNo related comp$189,557 other
-9.7%vs 2023
Elizabeth Angelo Dnp Rn-Bc
President, Carle Health - EAST Region // Chief Nursing Officer
$738,826
$621,149 from orgNo related comp$117,677 other
-1.5%vs 2023
John Wieland, M.D.
Associate Chief Medical Officer, Bromenn and Eureka
$676,705
$619,107 from orgNo related comp$57,598 other
New in 2024
Dawn Walden
Senior Vice President, Chief Revenue Cycle Officer
$670,728
$653,053 from orgNo related comp$17,675 other

Mission Statement

TO BE THE TRUSTED PARTNER IN ALL HEALTHCARE DECISIONS AND TO IMPROVE HEALTH BY PROVIDING HIGHLY ACCESSIBLE, WORLD-CLASS CARE AND SERVICES.

Revisions to this organization profile

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

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