Northwestern Memorial Healthcare

Organization Overview

Northwestern Memorial Healthcare is located in Chicago, IL. The organization was established in 2011. 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 06/2018, Northwestern Memorial Healthcare employed 663 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 06/2018, Northwestern Memorial Healthcare generated $51.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (26.4%) each year. All expenses for the organization totaled $59.8m during the year ending 06/2018. As we would expect to see with falling revenues, expenses have declined by (21.7%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2018

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF MEMORIAL MEDICAL CENTER IS TO PROVIDE QUALITY HEALTHCARE SERVICES WITH INNOVATIVE AND RESPONSIBLE USE OF RESOURCES AND PROMOTE WELLNESS FOR THE MCHENRY COUNTY AREA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE O


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Board, Officers & Key Employees

Name (title)Compensation
Michael Eesley
Chief Executive Officer
$0
Charie Zanck
Board Of Governors
$0
Charles Ruth
Board Of Governors
$0
Chris Newkirk
Board Of Governors
$0
Dave Domek
Board Of Governors
$0
Irfan Hafiz
Board Of Governors/svp Cmo
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Healthcare And Family Services
Healthcare Services
$6,721,766
Cardinal Health - Aurora Div
Healthcare Services
$1,378,463
Sodexo Inc Affiliates
Housekeeping
$1,105,590
Ge Healthcare
Healthcare Services
$594,562
Carefusion Pyxis
Med. Tech. Services
$548,464
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$152,311
Government grants $995,654
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,147,965
Total Program Service Revenue$46,817,369
Investment income $1,922,260
Tax Exempt Bond Proceeds -$38
Royalties $0
Net Rental Income $111,066
Net Gain/Loss on Asset Sales -$113,776
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $51,900,954

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