Northwestern Memorial Healthcare

Organization Overview

Northwestern Memorial Healthcare is located in Chicago, IL. The organization was established in 1986. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 08/2021, Northwestern Memorial Healthcare employed 3,501 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Northwestern 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 12/2020, Northwestern Memorial Healthcare generated $435.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $465.2m during the year ending 12/2020. While expenses have increased by 3.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

PALOS COMMUNITY HOSPITAL (PALOS) IS A 501(C)(3) COMMUNITY HOSPITAL WHOSE PRIMARY OBJECTIVE IS THE PROVISION OF INPATIENT AND OUTPATIENT SERVICES THAT ARE RESPONSIVE TO THE HEALTH CARE NEEDS OF THE RESIDENTS OF SOUTHWESTERN COOK COUNTY AND NORTHEASTERN SECTIONS OF WILL COUNTY.

Describe the Organization's Program Activity:

PALOS HOSPITAL PROVIDES INPATIENT AND OUTPATIENT HEALTH CARE SERVICES. THE HOSPITAL HAS 425 LICENSED BEDS AND IS LOCATED 22 MILES FROM DOWNTOWN CHICAGO SERVING THE SOUTHWEST SUBURBS. DURING FISCAL YEAR 2020, THE HOSPITAL PROVIDED MORE THAN 86,900 PATIENT DAYS AND MORE THAN 163,000 OUTPATIENT VISITS TO THE COMMUNITY. PLEASE VISIT PALOSHEALTH.COM FOR ADDITIONAL INFORMATION REGARDING OUR SERVICES.


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Board, Officers & Key Employees

Name (title)Compensation
Dr Terrence Moisan
President & CEO
$864,215
William Earman
Physician
$572,568
Imad Qayyum
Physician
$531,537
Thomas Quinn
Physician
$494,598
Paul Striegel
Physician
$446,123
Chaher H Alhandalous
Physician
$434,108

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Tmx Healthcare Technologies
Equipment Maintenance Services
$4,532,350
Epic System Corporation
Computer Software Services
$4,333,241
Walsh Construction Ii Llc
Construction Services
$2,414,406
Michuda Construction
Construction Services
$1,985,356
Radiology & Nuclear Consultants
Physician Services
$1,801,712
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $41,064,107
All other contributions, gifts, grants, and similar amounts not included above$72,789
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$41,136,896
Total Program Service Revenue$384,762,646
Investment income $190,301
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $1,827,040
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $435,235,363

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Northwestern Memorial Healthcare has recieved totaling $11,800.

Awarding OrganizationAmount
Fidelity Investments Charitable Gift Fund

Boston, MA

PURPOSE: For grant recipient's exempt purposes

$11,800
View Grant Recipient Profile

Peer Organizations

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