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SwedishAmerican Hospital

Also known as UW Health

Rockford, IL · EIN 36-2222696 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

SwedishAmerican Hospital reported $966.8 million in revenue and $897.7 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $84.38 went to program services, $15.62 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 96.9% of the total. The highest compensation it reported for one person was $2,290,163 (Trustee). 756 people received more than $100,000 in reportable compensation. Revenue rose 52% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $898M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $967M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,634 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
84.4%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
15.6%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.2%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.2%0.1%
Program service revenue share
Part VIII 2g ÷ 12
96.9%93.7%
Highest reported compensation
Part VII-A, columns D–F
$2,290,163$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.26%1.34%
People paid over $100,000
Part VII, line 2
75627
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
10.46.6
Independent voting board members
Part VI 1a–1b
10 of 1588.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$611M expenses · 80.7% of program spending · grants $125K · revenue $651M

UW Health SwedishAmerican Hospital (SAH) operates two full service acute care hospitals with a combined total of 387 licensed beds, serving the greater Rockford region, Northern Illinois and Southern Wisconsin. Our vision is to develop a fully integrated healthcare delivery network that will continuously set the standard for quality care and service, accept responsibility for building a healthier population, provide regional access, improve resource utilization through collaboration with key stakeholders and manage patient care and our resources in such a way that we create value for our…

$53M expenses · 7.0% of program spending · revenue $131M

UW Health SwedishAmerican Hospital employs primary care and specialty physicians who practice at 40 locations throughout our service area. We employ specialists in orthopedics, cardiology, cardiothoracic surgery, endocrinology, allergy, neurology, neurosurgery, pulmonology/critical care, hematology/oncology, obstetrics and gynecology, maternal fetal medicine, rheumatology, psychiatry, podiatry, otolaryngology, as well as internal medicine, family practice, immediate care and pediatric physicians. During 2025, our physician encounters were 506,820 and our out-patient ancillary encounters were…

$87M expenses · 11.5% of program spending · revenue $157M

UW Health SwedishAmerican Regional Cancer Center opened to the public in October 2013 and has been providing leading edge cancer care treatment for the Rock River Valley. The center is part of a collaborative with UW Health and its nationally recognized University of Wisconsin Carbone Cancer Center. The two-story facility offers radiation therapy, medical oncology, chemotherapy and infusion services. Patients have access to clinical trials, state-of-the-art linear acceleratory treatments such as IGRT, IMRT, Rapid Arc, OBI and stereotactic services, and advanced medical imaging. The Regional…

$6.4M all other programs (line 4d)

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
Trustee
Director/trustee, 2.00 hrs/week
$0$2,013,365$276,798$2,290,163
President & CEO
Director/trustee, officer, 40.00 hrs/week
$1,480,475$0$197,423$1,677,898
Physician
Highest compensated employee, 40.00 hrs/week
$1,152,513$0$54,547$1,207,060
Physician
Highest compensated employee, 40.00 hrs/week
$1,090,019$0$55,288$1,145,307
Trustee
Director/trustee, 2.00 hrs/week
$0$940,260$188,210$1,128,470
Physician
Highest compensated employee, 40.00 hrs/week
$1,005,222$0$38,838$1,044,060
Physician
Highest compensated employee, 40.00 hrs/week
$939,709$0$16,399$956,108
Physician
Highest compensated employee, 40.00 hrs/week
$952,011$0$2,075$954,086

756 people received more than $100,000 in reportable compensation from SwedishAmerican Hospital (Part VII, line 2). Compensation of current officers, directors and key employees totaled $6.4M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$250M$500M$750M$1.00BFY2020FY2021FY2022FY2023FY2024FY2025$967M$898M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$967M$898M84.4%$779M$2,290,163
FY2024 ⓘ$888M$825M80.3%$680M$1,604,339
FY2023 ⓘ$806M$787M80.6%$598M$2,026,683
FY2022 ⓘ$778M$750M79.0%$576M$1,551,257
FY2021 ⓘ$715M$686M82.0%$606M$1,159,359
FY2020 (amended) ⓘ$637M$628M83.6%$527M$1,584,950

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b15 · 10 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 54,751
  • Volunteers Part I, line 680

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
Medline Industries
Staffing Services
$15,872,355
Healthcare Workforce Logistics
Staffing Services
$12,270,084
Rockford Anesthesiologists
Physician Services
$10,081,974
Avant Healthcare Professionals
Staffing Services
$9,283,535
Sound Physicians Emergency Med
Physician Coverage/Fees
$7,310,727

Individuals listed as contractors are left out. 151 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from SwedishAmerican Hospital's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for SwedishAmerican Hospital, you can publish a response that is linked from this page.

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Questions people ask

How much of SwedishAmerican Hospital's spending goes to programs?

In the fiscal year ending June 30, 2025, SwedishAmerican Hospital reported that 84.4% of its $897.7 million in expenses went to program services, 15.6% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does SwedishAmerican Hospital pay its top executive?

The largest total compensation SwedishAmerican Hospital reported for one person in the fiscal year ending June 30, 2025 was $2,290,163, for the role of Trustee (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does SwedishAmerican Hospital get its money?

Of $966.8 million in revenue in the fiscal year ending June 30, 2025, 0.2% came from contributions and grants (including 0.2% from government grants) and 96.9% from program service revenue (Form 990, Part VIII).

Is SwedishAmerican Hospital a registered charity?

The IRS lists EIN 36-2222696 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202611279349302151 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521279349301542 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421289349301762 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331299349303353 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201269349302870 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020 (amended), object 202210569349300801 · read the filing

All filings for EIN 36-2222696: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.