Elmhurst Memorial Healthcare
- Assets
- $485.8m
- Revenue
- $282.9m
- Investments
- $0.0
- Employees
- 3,459
- Location
- Elmhurst, IL
- Founding
- 05/2008
- Data as of
- 12/2021
- EIN
- 35-2339114
Organization Overview
Elmhurst Memorial Healthcare is located in Elmhurst, IL. The organization was established in 2008. According to its NTEE Classification (E31) the organization is classified as: Group Health Practices, under the broad grouping of Health Care and related organizations. As of 12/2021, Elmhurst Memorial Healthcare employed 3,459 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Elmhurst Memorial Healthcare is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Elmhurst Memorial Healthcare generated $282.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $251.6m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Elmhurst Memorial Healthcare has awarded 37 individual grants totaling $2,914,390. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
EDWARD-ELMHURST HEALTHCARE'S MISSION AND VISION STATEMENT IS: "MISSION: ADVANCING THE HEALTH OF OUR COMMUNITIES. VISION: TRANSFORM THE HEALTHCARE EXPERIENCE - SAFE, SEAMLESS, PERSONAL." TOWARD THIS END, IT IS COMMITTED TO MEETING THE NEEDS OF ITS LOCAL COMMUNITY, WHILE ENSURING THE SCALE AND GEOGRAPHIC REACH TO PROVIDE QUALITY, EFFICIENCY AND ACCESS TO THE POPULATION SERVED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ELMHURST MEMORIAL HOSPITAL (HOSPITAL OR EMH) IS A NOT-FOR-PROFIT HEALTHCARE ORGANIZATION THAT PROVIDES ACUTE AND NONACUTE INPATIENT AND OUTPATIENT CARE TO RESIDENTS OF EASTERN DUPAGE AND WESTERN COOK COUNTIES. FOUNDED IN 1926, ELMHURST MEMORIAL HOSPITAL HAS EXPANDED ITS SERVICES AND HAS SEVERAL CONVENIENTLY LOCATED CARE CENTERS TO BETTER SERVE ITS PATIENTS, THEIR FAMILIES AND NUMEROUS COMMUNITIES. THE FULLY INTEGRATED MEDICAL CAMPUS, LOCATED AT THE CORNER OF YORK STREET AND ROOSEVELT ROAD IN ELMHURST, IS SITUATED ON A HIGHLY ACCESSIBLE 50-ACRE SITE AND INCLUDES AN ACUTE CARE HOSPITAL WITH ALL PRIVATE ROOMS, OUTPATIENT SERVICES IN THE ELMHURST MEMORIAL CENTER FOR HEALTH AND A VARIETY OF PHYSICIAN OFFICES IN NEW MEDICAL OFFICE BUILDINGS.
ELMHURST MEMORIAL HOSPITAL FOUNDATION (FOUNDATION) WAS ESTABLISHED IN 1980 AS THE OFFICIAL FUNDRAISING AND GIFT RECEIVING ARM OF ELMHURST MEMORIAL HEALTHCARE (EMHC). THE FOUNDATION ENCOURAGES AND RECEIVES CONTRIBUTIONS THAT ARE USED TO ENHANCE THE DELIVERY OF HIGH QUALITY, COMPREHENSIVE HEALTHCARE SERVICES FOR THOSE WHO LIVE AND WORK IN THE COMMUNITIES SERVED BY EMHC. THE FOUNDATION ACCOMPLISHES THIS THROUGH FUNDRAISING EVENTS, SUCH AS THE ANNUAL AUTUMN AFFAIR GALA, AND PROGRAMS, SUCH AS THE GRATEFUL PATIENT PROGRAM, WHICH WAS ESTABLISHED BY THE FOUNDATION AS A WAY FOR PATIENTS TO SHOW THEIR THANKS AND APPRECIATION FOR THE CARE THEY RECEIVED AT EMHC BY MAKING A DONATION. DONATIONS TO THE FOUNDATION ARE KEY IN SUPPORTING BUILDING PROJECTS, PROGRAMS SUCH AS BEHAVIORAL HEALTH, ENHANCING SERVICES AT THE NANCY W. KNOWLES CANCER CENTER, AND JUMPSTART YOUR HEALTH - A LIFESTYLE MAINTENANCE PROGRAM TO PREVENT THE ONSET OF DIABETES, AS WELL AS PURCHASING STANDARD OF CARE EQUIPMENT AND TECHNOLOGIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Schedule O | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cyberknife Center Of Chicago Llc Medical Treatments | 12/30/21 | $1,509,600 |
Favorite Healthcare Staffing Agency Labor | 12/30/21 | $1,888,557 |
Fresenius Medical-hemodialsis Medical Services | 12/30/21 | $1,033,052 |
Trimedx Llc Equipment Maintenance Services | 12/30/21 | $5,780,265 |
Cardiac Surgery Associates Sc Physician Services | 12/30/21 | $1,144,686 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $228,233 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,091,048 |
| Noncash contributions included in lines 1a–1f | $346,579 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,319,281 |
| Total Program Service Revenue | $274,381,001 |
| Investment income | $2,172,318 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $661,577 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $282,855,830 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $286,471 |
| Grants and other assistance to domestic individuals. | $20,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,087,194 |
| Compensation of current officers, directors, key employees. | $1,087,194 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $72,352,485 |
| Pension plan accruals and contributions | $2,986,079 |
| Other employee benefits | $6,068,784 |
| Payroll taxes | $4,979,407 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $51,338,569 |
| Advertising and promotion | $19,241 |
| Office expenses | $293,882 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,631,347 |
| Travel | $25,385 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,327,111 |
| Insurance | $8,802,295 |
| All other expenses | $1,969,027 |
| Total functional expenses | $251,589,953 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,355,835 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $160,583 |
| Accounts receivable, net | $65,400,809 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $18,313,264 |
| Prepaid expenses and deferred charges | $1,410,862 |
| Net Land, buildings, and equipment | $326,444,535 |
| Investments—publicly traded securities | $35,759,943 |
| Investments—other securities | $0 |
| Investments—program-related | $2,558,528 |
| Intangible assets | $0 |
| Other assets | $25,398,277 |
| Total assets | $485,802,636 |
| Accounts payable and accrued expenses | $31,766,338 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $135,466,896 |
| Total liabilities | $167,233,234 |
| Net assets without donor restrictions | $316,214,635 |
| Net assets with donor restrictions | $2,354,767 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $485,802,636 |
Grants Awarded
Over the last fiscal year, Elmhurst Memorial Healthcare has awarded $227,478 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Carol Stream, IL PURPOSE: GENERAL SUPPORT FOR THE ORGANIZATION'S PROGRAM OF PROVIDING MEDICAL SERVICES ACCESS TO LOW INCOME DUPAGE COUNTY RESIDENTS | $194,120 |
Naperville, IL PURPOSE: GENERAL SUPPORT FOR THE ORGANIZATION'S PROGRAM OF PROVIDING MEDICAL SERVICES INCLUDING A POISON CONTROL CENTER | $23,358 |
Elmhurst, IL PURPOSE: GENERAL SUPPORT FOR THE ORGANIZATION'S PROGRAM OF PROVIDING ASSISTANCE TO DUPAGE COUNTY RESIDENTS INCLUDING MEALS TO LOW INCOME RESIDENTS | $10,000 |
Endowment Analysis
| Beg. Balance | $3,337,769 |
| Earnings | $910,191 |
| Other Expense | $67,960 |
| Ending Balance | $4,180,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Vincent Medical Group Inc St Louis, MO | $143,310,550 | $311,944,995 |
Group Health Cooperative Of South Central Wi Madison, WI | $101,296,548 | $425,253,744 |
Quartz Health Plan Corporation Madison, WI | $73,798,914 | $332,612,093 |
Elmhurst Memorial Healthcare Elmhurst, IL | $485,802,636 | $282,855,830 |
Hshs Medical Group Inc Springfield, IL | $136,932,585 | $219,567,166 |
Physicians Health Plan Of Northern Indiana Inc Fort Wayne, IN | $94,644,511 | $196,513,216 |
My Choice Wisconsin Health Plan Inc Wauwatosa, WI | $94,864,690 | $199,253,580 |
Cox Health Systems Insurance Company Springfield, MO | $52,773,938 | $137,904,727 |
Fairview Heights Medical Group Sc Alton, IL | $23,689,888 | $125,411,214 |
Community Care Network Inc Munster, IN | $30,410,908 | $125,321,446 |
Ascension Medical Group Promed St Louis, MO | $11,680,037 | $91,054,014 |
Community Care Health Plan Brookfield, WI | $28,400,717 | $108,865,323 |