Edward Hospital
- Assets
- $472.1m
- Revenue
- $761.2m
- Investments
- $0.0
- Employees
- 3,625
- Location
- Naperville, IL
- Founding
- 06/1984
- Data as of
- 06/2021
- EIN
- 36-3297173
Organization Overview
Edward Hospital is located in Naperville, IL. The organization was established in 1984. 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 12/2021, Edward Hospital employed 3,625 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Edward Hospital 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 06/2021, Edward Hospital generated $761.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $642.7m during the year ending 06/2021. While expenses have increased by 1.7% 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.
Since 2015, Edward Hospital has awarded 106 individual grants totaling $5,029,828. 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: "ADVANCING THE HEALTH OF OUR COMMUNITIES. TRANSFORMING 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
EDWARD HOSPITAL IS A FULL-SERVICE, REGIONAL HEALTHCARE PROVIDER OFFERING ACCESS TO COMPLEX MEDICAL SPECIALTIES AND INNOVATIVE PROGRAMMING. EDWARD HOSPITAL HAS 371 PRIVATE PATIENT ROOMS AND 5,800 EMPLOYEES ACROSS EDWARD DIVISION AFFILIATES, INCLUDING 1,200 NURSES AND A MEDICAL STAFF OF NEARLY 1,000 PHYSICIANS COMPRISED OF INDEPENDENT MEMBERS OF THE MEDICAL STAFF, EMPLOYED PHYSICIANS AND INDEPENDENT CONTRACTORS. THE PHYSICIANS REPRESENT 82 MEDICAL AND SURGICAL SPECIALTIES AND SUB-SPECIALTIES WITH 98% BOARD CERTIFIED IN THEIR SPECIALTY -- A DESIGNATION AWARDED ONLY TO PHYSICIANS WHO COMPLETE RIGOROUS POST-MEDICAL SCHOOL TRAINING AND PASS AN EXTENSIVE CERTIFICATION TEST. EDWARD SERVES THE RESIDENTS OF CHICAGO'S WEST AND SOUTHWEST SUBURBS, INCLUDING NAPERVILLE, AURORA, BOLINGBROOK, DOWNERS GROVE, HOMER GLEN, JOLIET, LEMONT, LISLE, LOCKPORT, MINOOKA, OSWEGO, PLAINFIELD, ROMEOVILLE, SHOREWOOD, WARRENVILLE, WHEATON, WOODRIDGE AND YORKVILLE. (CONTINUED IN SCHEDULE O)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Trimedx Llc Equipment Maintenance Services | 12/30/21 | $10,903,947 |
Advocate Medical Group Physician Services | 12/30/21 | $2,060,055 |
Fresenius Medical-hemodialysis Dialysis Services | 12/30/21 | $1,233,678 |
Laboratory & Pathology Lab Service Consultants | 12/30/21 | $1,379,136 |
Dupage Medical Group Ltd Physician Services | 12/30/21 | $1,702,311 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $989,436 |
| Government grants | $41,961,039 |
| 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 | $42,950,475 |
| Total Program Service Revenue | $709,759,838 |
| Investment income | $252,945 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $229,986 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $73,431 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $761,222,693 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $620,513 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,160,136 |
| Compensation of current officers, directors, key employees. | $1,160,136 |
| Compensation to disqualified persons | $577,214 |
| Other salaries and wages | $187,354,421 |
| Pension plan accruals and contributions | $6,619,205 |
| Other employee benefits | $23,126,672 |
| Payroll taxes | $13,030,639 |
| 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 | $136,579,191 |
| Advertising and promotion | $178,622 |
| Office expenses | $178,015,436 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,397,983 |
| Travel | $56,533 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $125,459 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $33,099,094 |
| Insurance | $8,581,302 |
| All other expenses | $261,583 |
| Total functional expenses | $642,721,760 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$11,117,300 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $86,143,925 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $10,941,090 |
| Prepaid expenses and deferred charges | $232,782 |
| Net Land, buildings, and equipment | $351,623,765 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $34,230,385 |
| Total assets | $472,054,647 |
| Accounts payable and accrued expenses | $57,285,179 |
| 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 | $171,546,518 |
| Total liabilities | $228,831,697 |
| Net assets without donor restrictions | $241,056,947 |
| Net assets with donor restrictions | $2,166,003 |
| 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 | $472,054,647 |
Grants Awarded
Over the last fiscal year, Edward Hospital has awarded $65,790 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Naperville, IL PURPOSE: To advocate for and support hospitals and health systems as they serve patients and communities in Illinois. | $30,790 |
Downers Grove, IL PURPOSE: TO SUPPORT ECONOMIC GROWTH, ACTIVE ENGAGEMENT AND ADVOCACY FOR THE BUSINESS COMMUNITY. | $25,000 |
Naperville, IL PURPOSE: TO SUPPORT THE COMPREHENSIVE PROGRAMS TO PROVIDE LIFE-CHANGING SERIVCES TO YOUTH THROUGH SUBSTANCE USE PREVENTION EDUCATION, COUNSELING AND HOUSING. | $5,000 |
Naperville, IL PURPOSE: TO MAINTAIN AND IMPROVE THE ECONOMIC VITALITY OF NAPERVILLE, IL THROUGH THE RETENTION, EXPANSION AND ATTRACTION OF ALL TYPES OF COMMERCIAL ENTERPRISE THAT ARE CONDUCIVE TO THE MAINTENANCE AND IMPROVEMENT OF A DIVERSE AND INCLUSIVE QUALITY OF LIFE IN NAPERVILLE. | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Edward Hospital has recieved totaling $5,102.
| Awarding Organization | Amount |
|---|---|
American Endowment Foundation Hudson, OH PURPOSE: PROGRAMS | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $102 |
Endowment Analysis
| Beg. Balance | $2,166,003 |
| Net Contributions | $562,257 |
| Grants | $83,772 |
| Ending Balance | $2,644,488 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Lukes Hospital Of Kansas City Kansas City, MO | $1,771,100,748 | $1,070,641,998 |
Saint Thomas West Hospital St Louis, MO | $949,679,305 | $1,081,181,844 |
Mercy Hospital Springfield Springfield, MO | $547,925,906 | $1,115,699,805 |
Deaconess Hospital Inc Evansville, IN | $1,921,220,397 | $1,102,144,618 |
Ascension St John Hospital St Louis, MO | $469,518,860 | $965,978,781 |
Advocate North Side Health Network Downers Grove, IL | $946,824,836 | $901,672,521 |
The Carle Foundation Hospital Urbana, IL | $465,988,906 | $1,085,020,210 |
Ssm Healthcare Of Oklahoma Inc St Louis, MO | $640,999,933 | $906,998,301 |
Catholic Health Initiatives-Iowa Corp Des Moines, IA | $1,114,579,485 | $904,841,538 |
Central Iowa Hospital Corporation Des Moines, IA | $1,438,981,448 | $937,321,371 |
Saint Joseph Health System Inc Lexington, KY | $961,743,109 | $864,115,504 |
Uofl Health-Louisville Inc Louisville, KY | $577,142,236 | $950,019,808 |