The Illinois Critical Access Hospital logo

The Illinois Critical Access Hospital

PRINCETON, IL EIN: 55-0809159 Website

The Illinois Critical Access Hospital Network (ICAHN) is a member-driven nonprofit organization headquartered in Princeton, Illinois. Founded in 2003, ICAHN represents 57-60 small and rural hospitals throughout Illinois, most of which hold the federal Critical Access Hospital (CAH) designation. This designation is designed to ensure rural residents have access to essential care close to home.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.1M

+5.3% YoY

Annual Giving

$1.2M

+51.9% YoY

Grant Count

57

+21.3% YoY

Avg Grant Size

$21K

+25.2% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

ICAHN is dedicated to the success of rural health care in Illinois and is determined to provide the most professional and comprehensive services to ensure that success.

The organization provides the following core services and programs:

Technical Assistance & Administrative Support

  • Assistance with administrative processes for Critical Access Hospital operations
  • Resource sharing among member hospitals

Information Technology Services

  • IT services offered to all 60 member hospitals
  • In 2024, 27 member hospitals utilized ICAHN information technology services

Survey Solutions

  • Comprehensive survey approach for small and rural hospitals at cost-effective rates
  • Streamlined data reporting structure for CMS and other agencies
  • National benchmarking statistics support

Quality & Educational Programs

  • Quality improvement initiatives focused on rural health issues and strategies for success
  • Educational delivery through onsite meetings, videoconferencing, and web-based training
  • Board education covering topics including Board Basics, Critical Access Hospital 101, 340B programs, and CAH finance

Program Implementation

  • Programs to improve quality and efficiencies of medical services provided by rural health care facilities

Grantmaking

ICAHN makes grants to support rural hospital initiatives. Recent grant activity includes:

Grant Range

**: Typical awards range from $5,552 to $280,638.

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Geographic Focus

Where this funder awards grants

ICAHN focuses exclusively on rural hospitals throughout Illinois, with member institutions distributed across the state.

Grant Distribution by State

1states

States

Cities

AledoAnnaBentonBressesCantonCarlinvilleCarroltonCarthageCentraliaChesterClintonDuquoinEldoradoEurekaFairfieldFloraGalenaGeneseoGibson CityGreenville

Financial History

Multi-year comparison from IRS filings

Most Recent Fiscal Year (2024):

  • Total Assets: $5,051,954
  • Total Revenue: $5,636,405
  • Total Expenses: $5,359,288
  • Total Giving: $1,534,092
  • Employees: 27

Prior Year (2023):

  • Total Assets: $4.8M
  • Total Revenue: $4.6M
  • Total Expenses: $4.27M
  • Total Liabilities: $1.61M

Audit Findings: An independent audit for fiscal year ending December 2023 identified a significant deficiency in internal controls—specifically a deficiency in internal financial or governance controls that could limit the organization's ability to track and report financial data reliably. This deficiency is less severe than a material weakness but warrants management attention.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$6M$12M$18M$23M20202021202220232024
Metric202420232022
Total Assets$5,051,954$4,799,848$6,228,606
Revenue$5,636,405$4,595,373$5,565,632
Expenses$5,359,288$4,274,195$5,367,908
Qualifying Distributions
Net Investment Income$64,605$156,499$41,362
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$4M$8M$12M$16M64 grants202065 grants202146 grants202247 grants202357 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

SPARTA COMMUNITY HOSPITA…$52KMEMORIAL HOSPITAL - CART…$44KPINCKNEYVILLE COMMUNITY …$44KMIDWEST MEDICAL CENTER$41KRED BUD REGIONAL HOSPITAL$35KHORIZON HEALTH$34KFAIRFIELD MEMORIAL HOSPI…$32KCLAY COUNTY HOSPITAL$31KOSF ST CLARE MEDICAL CEN…$28KROCHELLE COMMUNITY HOSPI…$28K

Grant Size Distribution

243 grants across all recorded years

145<$50K33$50–100K18$100–250K47$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • Tracy Warner: Executive Director
  • Ryan Morgan: Chief Information Officer

Compensation Overview

From 2024 IRS filing

PATRICIA SCHOUEXECUTIVE DIRECTOR (THRU 12/…$217KCURT ZIMMERMANSR DIRECTOR OF BUSINESS SVCS…$156KCRAIG HENKAUSDIRECTOR OF FINANCE$135KRYAN MORGANCHIEF INFO SECURITY OFFICER$132KRYAN SIERMANIT CONSULTANT/CIO$130KTRACY WARNEREXECUTIVE DIRECTOR (AS OF 07…$94K

From 2024 filing

NameTitleHoursCompensation
PAUL SKOWRONPAST PRESIDENT1
TED ROGALSKIPRESIDENT1
KARISSA TURNERPRESIDENT ELECT1
PAM PFISTERSECRETARY/TREASURER1
KIM BOURNEDIRECTOR1
JIM JOHNSONDIRECTOR1
DON ROBBINSDIRECTOR1
BOB SELLERSDIRECTOR1
VICTORIA WOODROWDIRECTOR1
PATRICIA SCHOUEXECUTIVE DIRECTOR (THRU 12/2024)40$216,731
TRACY WARNEREXECUTIVE DIRECTOR (AS OF 07/2024)40$94,481
CRAIG HENKAUSDIRECTOR OF FINANCE40$135,163
CURT ZIMMERMANSR DIRECTOR OF BUSINESS SVCS & DEV40$156,312
RYAN MORGANCHIEF INFO SECURITY OFFICER40$131,870
RYAN SIERMANIT CONSULTANT/CIO40$129,652

Recent News & Activity

Recent developments and announcements

ICAHN hospitals have received recognition and support through state and federal initiatives:

ICAHN Hospitals Receive Illinois\u2019 Healthcare Transformation Capital\

Member hospitals received Illinois Healthcare Transformation Capital Investment Grants

Illinois Awarded $193 Million to Expand Healthcare Access in Rural Areas

ICAHN and Illinois Critical Access Hospitals were recognized nationally as a top-10 state for performance in the Medicare Beneficiary Quality Improvement Project

Illinois Awarded $193 Million to Expand Healthcare Access in Rural Areas

Individual member hospitals have received significant federal grants for rural healthcare expansion (including a $12.1M grant to Clay County Hospital and participation in Illinois' $193 million rural healthcare access expansion initiative)

Illinois Awarded $193 Million to Expand Healthcare Access in Rural Areas

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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