Edward-Elmhurst Healthcare
- Assets
- $1.6b
- Revenue
- $263.2m
- Investments
- $188.9m
- Employees
- 1,465
- Location
- Warrenville, IL
- Founding
- 04/1988
- Data as of
- 06/2021
- EIN
- 36-3513954
Organization Overview
Edward-Elmhurst Healthcare is located in Warrenville, IL. The organization was established in 1988. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. As of 12/2023, Edward-Elmhurst Healthcare employed 1,465 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Edward-Elmhurst 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 06/2021, Edward-Elmhurst Healthcare generated $263.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $226.2m during the year ending 06/2021. While expenses have increased by 6.7% 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 2021, Edward-Elmhurst Healthcare has awarded 22 individual grants totaling $1,920,950. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
EDWARD-ELMHURST HEALTHCARE FOLLOWS THE MISSION OF NORTHSHORE - EDWARD-ELMHURST HEALTH TO "HELP EVERYONE IN OUR COMMUNITIES BE THEIR BEST."
Describe the Organization's Program Activity:
EDWARD-ELMHURST HEALTHCARE SUPPORTS AND ENCOURAGES HEALTHCARE AND RELATED SERVICES BY PROVIDING FINANCIAL AND MANAGEMENT ASSISTANCE TO ITS EXEMPT AFFILIATES, INCLUDING EDWARD HOSPITAL, ELMHURST MEMORIAL HOSPITAL, NAPERVILLE PSYCHIATRIC VENTURES D/B/A LINDEN OAKS HOSPITAL, EDWARD HEALTH AND FITNESS CENTER, EDWARD FOUNDATION, AND ELMHURST MEMORIAL HOSPITAL FOUNDATION. THE SERVICES INCLUDE PROVIDING TOP LEVEL MANAGEMENT SERVICES AS WELL AS ADMINISTRATIVE SUPPORT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Trustee/vice Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Ceo, South Region/trustee | OfficerTrustee | 35 | $2,046,561 |
Name Not Listed Trustee/chair | OfficerTrustee | 1 | $0 |
Name Not Listed Chief Medical Officer/trustee | Trustee | 1 | $0 |
Name Not Listed Trustee | Trustee | 1 | $0 |
Name Not Listed Trustee Starting 7/1/2022 | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Impact Advisors Consulting | 12/30/22 | $8,514,472 |
Epic Systems Corporation Maintenance | 12/30/22 | $5,398,544 |
Microsoft Corporation Maintenance | 12/30/22 | $3,881,938 |
Ucb Intelligent Solutions Collection Services | 12/30/22 | $2,050,248 |
Perficient Advertising Services | 12/30/22 | $1,724,234 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $180,565 |
| Investment income | $20,975,821 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $13,283,888 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $263,223,978 |
| Statement of Expenses | |
|---|---|
| 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. | $5,895,099 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $92,353,525 |
| Pension plan accruals and contributions | $2,878,009 |
| Other employee benefits | $12,997,630 |
| Payroll taxes | $6,381,129 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,765,464 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,732,782 |
| Fees for services: Other | $20,987,851 |
| Advertising and promotion | $7,608,031 |
| Office expenses | $2,627,240 |
| Information technology | $28,812,242 |
| Royalties | $0 |
| Occupancy | $4,052,873 |
| Travel | $108,143 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $22,346,195 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,007,785 |
| Insurance | $3,924,334 |
| All other expenses | $0 |
| Total functional expenses | $226,173,602 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $208,785,471 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $16,890,336 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $20,704,758 |
| Investments—publicly traded securities | $1,034,184,285 |
| Investments—other securities | $188,942,902 |
| Investments—program-related | $66,379,461 |
| Intangible assets | $0 |
| Other assets | $33,328,780 |
| Total assets | $1,621,998,191 |
| Accounts payable and accrued expenses | $54,449,458 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $550,305,000 |
| 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 | $288,244,395 |
| Total liabilities | $892,998,853 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $728,999,338 |
Grants Awarded
Over the last fiscal year, Edward-Elmhurst Healthcare has awarded $1,794,000 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
BRIDGE COMMUNITIES PURPOSE: Support Transitional Housing Program for Families Facing Homelessness. Encourage community participation in health and wellness activities. | $146,250 |
NAPERVILLE EDUCATION FOUNDATION PURPOSE: Support of RISE (Removing Barriers, Individualized Support Plans, Services for Students, Empowering Families), Encourage community participation in health and wellness activities. | $125,000 |
DUPAGE HEALTH COALITION PURPOSE: Support Medical Debt Collaboration: Improving Community Health Equity. Encourage community participation in health and wellness activities. | $125,000 |
DUPAGE PADS PURPOSE: Support Emergency Housing & Stabilizing Services for Families and Individuals Experiencing Homelessness. Encourage community participation in health and wellness activities. | $125,000 |
INDIAN PRAIRIE CUSD 204 PURPOSE: Support Indian Prairie CARES (Community Advocacy, Resilience, Engagement and Support). Encourage community participation in health and wellness activities. | $250,000 |
LOAVES AND FISHES PURPOSE: Support Loaves & Fishes Healthy Food Access Expansion. Encourage community participation in health and wellness activities. | $162,750 |