Northwest Memorial Healthcare
- Assets
- $28.0m
- Revenue
- $12.0m
- Investments
- $0.0
- Employees
- 492
- Location
- Chicago, IL
- Founding
- 06/2011
- Data as of
- 06/2018
- EIN
- 36-3196550
Organization Overview
Northwest 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, Northwest Memorial Healthcare employed 492 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Northwest 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, Northwest Memorial Healthcare generated $12.0m in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $11.7m during the year ending 06/2018. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2018
Describe the Organization's Mission:
Part 3 - Line 1
ASSIST INDIVIDUALS OF THE COMMUNITY ACHIEVE A GREATER QUALITY OF LIFE THROUGH HEALTH AND FITNESS IN A CUSTOMER FOCUSED ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dave Domek Chairperson | OfficerTrustee | 1 | $0 |
Eric Ruth Director | Trustee | 1 | $0 |
Jim Thorpe Director | Trustee | 1 | $0 |
Terrence Bugno MD Director | Trustee | 1 | $0 |
David Tomlinson Evp & CFO | Officer | 1 | $0 |
Jason Sciarro President & Coo- Term 5/18 | Officer | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hmr Weight Management Services Corp Healthcare Services | 6/29/18 | $240,531 |
Sodexo Inc Affiliates Housekeeping | 6/29/18 | $173,806 |
Aspen Lawn Service Care Lawn & Snow Care | 6/29/18 | $146,976 |
Xanitos Inc Housekeeping | 6/29/18 | $134,449 |
Eruptr Llc Marketing | 6/29/18 | $119,750 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $9,140,675 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$6,068 |
| 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 | $166,151 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,987,614 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $96,264 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,094,414 |
| Pension plan accruals and contributions | -$6,843 |
| Other employee benefits | $377,265 |
| Payroll taxes | $346,326 |
| 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 | $464,451 |
| Advertising and promotion | $261,238 |
| Office expenses | $389,212 |
| Information technology | $27,682 |
| Royalties | $0 |
| Occupancy | $4,544,039 |
| Travel | $7,972 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,074 |
| Interest | $78,310 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $489,065 |
| Insurance | $103,704 |
| All other expenses | $63,922 |
| Total functional expenses | $11,681,155 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,024 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $166,194 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $25,744 |
| Prepaid expenses and deferred charges | $23,330 |
| Net Land, buildings, and equipment | $8,242,317 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $19,513,773 |
| Total assets | $27,984,382 |
| Accounts payable and accrued expenses | $2,418,743 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $1,610,455 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $775,122 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $16,734,880 |
| Total liabilities | $21,539,200 |
| Unrestricted restricted net Assets | $6,445,182 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $6,445,182 |