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IVCH tax-exempt status is reinstated by the IRS

Posted by wlpo on March 16, 2015

The tax-exempt status of an area hospital, its parent company and its fundraising arm has been reinstated by the Internal Revenue Service.

Illinois Valley Community Hospital, IV Healthcorp, Inc. and the IVCH Foundation lost their tax exempt statuses late last year after necessary forms weren’t filed for several years according to IVCH Public Relations Director Gene Vogelgesang. The hospital though filed the needed forms and the tax-exempt statuses was restored dating back to when it was initially revoked.

Vogelesang says they have created policies and procedures to make sure that the forms oversight doesn’t happen again. He says it hasn’t affected patient care.

CEO Tommy Hobbs has sent out a thanks to patients and donors for their understanding during the reinstatement process.

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