Edward Hospital
Edward Hospital reported $908.3 million in revenue and $711.4 million in expenses for calendar year 2024. Of every $100 it spent, $91.32 went to program services, $8.68 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: 99.5% of the total. The highest compensation it reported for one person was $5,191,626 (System President & CEO). 549 people received more than $100,000 in reportable compensation. Revenue rose 36% between FY2020 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $711MFor 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
Calendar year 2024 · Form 990, Part VIII · total revenue $908MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 91.3% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 8.7% | 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 | 0.0% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 99.5% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $5,191,626 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.73% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 549 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 9.7 | 6.6 |
| Independent voting board members Part VI 1a–1b | 10 of 15 | 88.9% |
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
2024 · Form 990, Part III · the three largest programs by expenseEndeavor Health Edward Hospital, which opened in 1907, is a full-service, regional healthcare provider offering access to complex medical specialties and innovative programming, with more than 80 medical and surgical specialties and subspecialties. Edward Hospital has earned a reputation as a healthcare leader by providing advanced cardiac care, state-of-the-art cancer diagnosis and treatment and world class stroke care. Home to the first heart hospital in Illinois, Edward Hospital was also the first in Illinois to open an Outpatient Cath Lab and perform the world's first minimally invasive…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| System President & CEO Officer, 1.0 hrs/week | $0 | $3,559,263 | $1,632,363 | $5,191,626 |
| System Treasurer and CFO Officer, 1.0 hrs/week | $0 | $1,854,234 | $330,386 | $2,184,620 |
| President, South Region/Trustee Director/trustee, officer, 40.0 hrs/week | $1,077,265 | $27,332 | $372,142 | $1,476,739 |
| System Chief Legal Officer/Secretary Officer, 1.0 hrs/week | $0 | $803,024 | $421,599 | $1,224,623 |
| Former Officer Former, 0.0 hrs/week | $0 | $880,966 | $246,269 | $1,127,235 |
| Physician Highest compensated employee, 40.0 hrs/week | $908,428 | $0 | $50,199 | $958,627 |
| Physician Highest compensated employee, 40.0 hrs/week | $885,471 | $0 | $56,643 | $942,114 |
| President, Edward Hospital Key employee, 40.0 hrs/week | $0 | $766,054 | $119,478 | $885,532 |
549 people received more than $100,000 in reportable compensation from Edward Hospital (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.2M (Part IX, line 5).
6 filings since FY2020
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · 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 11aNo
- Family or business ties among insiders Part VI 2Yes
- 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 54,202
- Volunteers Part I, line 6524
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| MIDWEST CARDIOVASCULAR INSTITUTE Physician Services | $6,763,394 |
| DUPAGE VALLEY ANESTHESIOLOGIST Physician Services | $5,658,567 |
| ADVANCE MECHANICAL SYSTEMS INC Mechanical Contractor | $2,657,860 |
| FAVORITE HEALTHCARE STAFFING Physician Services | $2,657,239 |
| DUPAGE MEDICAL GROUP LTD Physician Services | $2,321,038 |
Individuals listed as contractors are left out. 57 contractors were paid more than $100,000 in all.
Private foundation grants it received
1 private foundation reported grants to Edward Hospital totaling $187 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Edward 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 Edward Hospital, you can publish a response that is linked from this page.
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Of every $100 Edward Hospital spent in 2024, $91.32 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Wa Foote Memorial HospitalJackson, MI · revenue $908M · programs 89.3% · 2024
- The Stamford HospitalStamford, CT · revenue $909M · programs 82.6% · FY2025
- Bellin Memorial HospitalGreen Bay, WI · revenue $907M · programs 82.6% · FY2025
- Adventist HealthcareGaithersburg, MD · revenue $910M · programs 82.4% · 2024
- Abington Memorial HospitalPhiladelphia, PA · revenue $899M · programs 86.4% · FY2025
Questions people ask
How much of Edward Hospital's spending goes to programs?
In calendar year 2024, Edward Hospital reported that 91.3% of its $711.4 million in expenses went to program services, 8.7% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Edward Hospital pay its top executive?
The largest total compensation Edward Hospital reported for one person in calendar year 2024 was $5,191,626, for the role of System President & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Edward Hospital get its money?
Of $908.3 million in revenue in calendar year 2024, 0.0% came from contributions and grants and 99.5% from program service revenue (Form 990, Part VIII).
Is Edward Hospital a registered charity?
The IRS lists EIN 36-3297173 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
- 2024: Form 990 for calendar year 2024, object 202503219349315530 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202403199349313235 · read the filing
- 2022: Form 990 for calendar year 2022, object 202333189349318828 · read the filing
- FY2021 (6 mo.): Form 990 for the 6-month short period ending December 31, 2021, object 202233139349303198 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231299349303873 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141309349303009 · read the filing
All filings for EIN 36-3297173: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.