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Insight Chicago

Also known as Insight Hospital & Medical Center

Chicago, IL · EIN 86-2358048 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Insight Chicago reported $150.6 million in revenue and $179.4 million in expenses for calendar year 2024. Of every $100 it spent, $60.19 went to program services, $39.78 to management and general costs and $0.03 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 89.8% of the total. Government grants made up 5.3%. The highest compensation it reported for one person was $866,672 (Physician). 156 people received more than $100,000 in reportable compensation. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $179M

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

Calendar year 2024 · Form 990, Part VIII · total revenue $151M

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

2024 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
60.2%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
39.8%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
$0.01$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
5.3%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
5.3%0.1%
Program service revenue share
Part VIII 2g ÷ 12
89.8%93.7%
Highest reported compensation
Part VII-A, columns D–F
$866,672$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.48%1.34%
People paid over $100,000
Part VII, line 2
15627
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
-3.66.6
Independent voting board members
Part VI 1a–1b
14 of 1988.9%

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 expense
$108M expenses · 100.0% of program spending · revenue $135M

Insight Chicago Inc. is a licensed 412-bed acute care facility with its primary market in the south and southwest side of Chicago and adjacent suburbs.Insight is committed to rebuilding a storied hospital and looks forward to providing the highest quality of care to our patients. Insight is committed to operating a full-service community hospital; creating a comprehensive plan to increase services and meet community needs; restoring the hospital as a teaching facility and restoring a comprehensive emergency department

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
Physician
Highest compensated employee, 40.00 hrs/week
$813,040$0$53,632$866,672
Physician
Highest compensated employee, 40.00 hrs/week
$742,692$0$83,799$826,491
Physician
Highest compensated employee, 40.00 hrs/week
$779,469$0$12,447$791,916
Physician
Highest compensated employee, 40.00 hrs/week
$612,681$0$75,258$687,939
Physician
Highest compensated employee, 40.00 hrs/week
$603,564$0$37,478$641,042
Chief Medical Officer
Key employee, 40.00 hrs/week
$588,162$0$45,135$633,297
Board Member
Director/trustee, 40.00 hrs/week
$439,040$0$64,845$503,885
Chairman of the Board
Director/trustee, officer, 40.00 hrs/week
$373,610$0$32,899$406,509

156 people received more than $100,000 in reportable compensation from Insight Chicago (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.3M (Part IX, line 5).

4 filings since FY2021 (10 mo.)

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpensesShort periods (after a fiscal-year change) are in the table, not the chart.
$0$50M$100M$150M$200M202220232024$151M$179M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$151M$179M60.2%−$53M$866,672
2023 ⓘ$130M$172M52.2%−$36M$755,021
2022 ⓘ$103M$110M68.3%$16M$481,140
FY2021 (10 mo.) ⓘ$45M$53M47.7%$23M$214,185

Governance 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–1b19 · 14 independent
  • Audited financial statements Part XII 2bNo
  • 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 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 51,169
  • Volunteers Part I, line 614

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
Insight Management and Consulting Servic
Management Services
$12,025,787
Health Business Solutions
Billing Fees
$4,014,017
Heroic Security LLC
Contract Fees
$1,949,671
Cerner Corp CO Oracle America
Repairs & Maintenance Service Contracts
$1,626,345
Reyes & Kurson LTD
Consulting & Lobbying Fees
$1,155,000

Individuals listed as contractors are left out. 50 contractors were paid more than $100,000 in all.

Correct a figure or respond

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

Similar-sized charities in this cause

All health care charities · Largest charities in Illinois

Questions people ask

How much of Insight Chicago's spending goes to programs?

In calendar year 2024, Insight Chicago reported that 60.2% of its $179.4 million in expenses went to program services, 39.8% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Insight Chicago pay its top executive?

The largest total compensation Insight Chicago reported for one person in calendar year 2024 was $866,672, for the role of Physician (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Insight Chicago get its money?

Of $150.6 million in revenue in calendar year 2024, 5.3% came from contributions and grants (including 5.3% from government grants) and 89.8% from program service revenue (Form 990, Part VIII).

Is Insight Chicago a registered charity?

The IRS lists EIN 86-2358048 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 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 202533219349319903 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202403209349316840 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202343199349324599 · read the filing
  • FY2021 (10 mo.): Form 990 for the 10-month short period ending December 31, 2021, object 202312429349301551 · read the filing

All filings for EIN 86-2358048: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.