Nonprofit · EIN 20-5055155
SWEDISH COVENANT HOSPITAL FOUNDATION
Tax-exempt · ARLINGTON HTS, IL 60005
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $9,548,110 | $915,979 | $8,632,131 | $70,095,524 | $1,213,114 | $68,882,410 |
| December 31, 2023 | 990 | $3,615,541 | $697,823 | $2,917,718 | $64,032,859 | $1,284,705 | $62,748,154 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,810,537
- of which government grants
- $81,250
- Program service revenue
- $0
- Investment income
- $7,942,407
- Net gain from sales of assets
- $6,064,583
- Net income from fundraising events
- -$227,289
- Net income from gaming
- $22,455
- Other revenue
- -$204,834
Expenses
- Grants and similar amounts paid
- $16,400
- Compensation of officers, directors and key employees
- $187,922
- Other salaries and wages
- $310,431
- Salaries, compensation and benefits (total)
- $600,369
- Professional fundraising fees
- $0
- Travel
- $341
- Program services (functional)
- $222,189
- Management and general (functional)
- $350,807
- Fundraising (functional)
- $342,983
Balance sheet and other
- Total assets, start of year
- $64,032,859
- Total assets, end of year
- $70,095,524
- Total liabilities, end of year
- $1,213,114
- Net assets, end of year
- $68,882,410
- Publicly traded securities
- $68,186,702
- Net assets without donor restrictions
- $45,626,687
- Net assets with donor restrictions
- $23,255,723
- Gross receipts
- $9,964,223
- Employees
- 0
- Volunteers
- 9
- Year formed
- 2006
- State of legal domicile
- IL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Gerald P Gallagher | System President and CEO Officer | 1 | $0 | $3,559,263 | $1,632,363 |
| Douglas D Welday | System Treasurer and CFO Officer | 1 | $0 | $1,854,234 | $330,386 |
| Shivani Bautista | Assistant Secretary Officer | 1 | $0 | $803,024 | $421,599 |
| Anthony Guaccio | Former Officer Former | 0 | $0 | $1,029,884 | $43,941 |
| Denis Williams | Director Trustee or director | 1 | $0 | $736,501 | $31,438 |
| Jonathan Lind | President, Swedish Hospital Trustee or director, Officer | 1 | $0 | $587,344 | $142,895 |
| Bruce McNulty | Director Trustee or director | 1 | $0 | $632,658 | $28,595 |
| Jennifer Tscherney | Secretary and Executive Director Officer | 40 | $0 | $216,931 | $9,160 |
| Chuck Rosenberg | Director Trustee or director | 1 | $0 | $30,188 | $0 |
| Dennis G Hammer | Chairman Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Lawrence P Anderson | Assistant Treasurer Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Charles Adair | Director Trustee or director | 1 | $0 | $0 | $0 |
| Gregory Brown | Director (until Oct) Trustee or director | 1 | $0 | $0 | $0 |
| Julianne Sawyier-Migley | Director Trustee or director | 1 | $0 | $0 | $0 |
| Kurt D Anderson | Director Trustee or director | 1 | $0 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Laura Zung | Director Trustee or director | 1 | $0 |
| Lauren Rubinson-Morris | Director Trustee or director | 1 | $0 |
| Suzanne McCormick | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 20 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Gerald P Gallagher | System President and CEO Officer | 1 | $0 | $4,100,532 | $2,182,996 |
| Douglas D Welday | Chief Financial Officer and Treasurer Officer | 1 | $0 | $1,750,748 | $284,165 |
| Anthony Guaccio | President (until 8/30/23), CEO (until 12/31/23) Trustee or director, Officer | 1 | $0 | $1,264,566 | $106,239 |
| Bruce McNulty | Director Trustee or director | 1 | $0 | $821,037 | $55,315 |
| Denis Williams | Director Trustee or director | 1 | $0 | $745,417 | $26,993 |
| Jonathan Lind | President of SCH Trustee or director, Officer | 1 | $0 | $673,960 | $49,114 |
| Jennifer Tscherney | Asst Secretary/Treasurer and Executive Director Officer | 40 | $0 | $263,006 | $23,311 |
| Nicola Byrne | Treasurer (left during 2023) Officer | 1 | $0 | $230,014 | $13,910 |
| Bruce Silver | Director (until Jan 2023) Trustee or director | 1 | $0 | $178,497 | $8,032 |
| Chuck Rosenberg | Director Trustee or director | 1 | $0 | $30,389 | $1,368 |
| Dennis G Hammer | Chairman Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Lawrence P Anderson | Assistant Treasurer Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Patricia King | Secretary (until May 2023) Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Charles Adair | Director Trustee or director | 1 | $0 | $0 | $0 |
| Gregory Brown | Director Trustee or director | 1 | $0 | $0 | $0 |
| Julianne Sawyier-Migley | Director Trustee or director | 1 | $0 | $0 | $0 |
| Kurt D Anderson | Director Trustee or director | 1 | $0 | $0 | $0 |
| Laura Zung | Director Trustee or director | 1 | $0 | $0 | $0 |
| Lauren Rubinson-Morris | Director Trustee or director | 1 | $0 | $0 | $0 |
| Suzanne McCormick | Director Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 3040 W SALT CREEK LN, ARLINGTON HTS, IL 60005-1069
- In care of
- % SPENCER MEDFORD
- Principal officer (990 for 2024)
- Gerald P Gallagher, 3040 W Salt Creek Lane, Arlington Heights, IL 60005
- Signed the 990
- Jonathan Lind, President
- Phone
- (773) 878-8200
- Website
- endeavorhealth.org
- Return prepared by
- ERNST & YOUNG US LLP
Mission
See Schedule O
Program accomplishments
- See Schedule OExpenses $222,189 · grants $16,400
What it must file and when
IRS records say it files Not required (church). Churches are not required to file. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-5055155
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Church
- Exempt since
- 1975
- Accounting year ends
- December
- Files
- Not required (church)
- Category (NTEE)
- Health care (E11)
- Group exemption
- 2650: EVANGELICAL COVENANT CHURCH
- Assets (IRS master file)
- $70,095,524
- Income (IRS master file)
- $9,964,223
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $9,548,110 | $915,979 | $70,095,524 | IRS |
| 990 | December 2023 | $3,615,541 | $697,823 | $64,032,859 | XML |
| 990 | December 2022 | $2,946,653 | $718,264 | $58,718,482 | IRS |
| 990 | December 2021 | $2,177,796 | $225,799 | $67,800,582 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-5055155).
Questions about SWEDISH COVENANT HOSPITAL FOUNDATION
- What is the EIN of SWEDISH COVENANT HOSPITAL FOUNDATION?
- The employer identification number (EIN) of SWEDISH COVENANT HOSPITAL FOUNDATION is 20-5055155.
- Is SWEDISH COVENANT HOSPITAL FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1975.
- Which annual return does SWEDISH COVENANT HOSPITAL FOUNDATION file?
- Form Not required (church). Churches are not required to file.
- When is the next return of SWEDISH COVENANT HOSPITAL FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SWEDISH COVENANT HOSPITAL FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of SWEDISH COVENANT HOSPITAL FOUNDATION?
- The 990 for the year ended December 31, 2024 names Gerald P Gallagher.
- Who are the officers and directors of SWEDISH COVENANT HOSPITAL FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 18 people; 0 received compensation from the organization.
- How much revenue does SWEDISH COVENANT HOSPITAL FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $9,548,110, expenses of $915,979 and total assets of $70,095,524 at year end.
Other nonprofits in ARLINGTON HTS
- NORTHSHORE UNIVERSITY HEALTHSYSTEM EIN 36-2167060 · last filed 990 for 2024
- EDWARD HOSPITAL EIN 36-3297173 · last filed 990 for 2024
- ENDEAVOR HEALTH MEDICAL GROUP EIN 36-3738206 · last filed 990 for 2024
- NORTHWEST COMMUNITY HOSPITAL EIN 36-2340313 · last filed 990 for 2024
- EDWARD HEALTH VENTURES EIN 58-1672987 · last filed 990 for 2024
- NORTHWEST COMMUNITY HEALTHCARE EIN 36-3125209 · last filed 990 for 2024
- ENDEAVOR HEALTH EIN 87-4520691 · last filed 990 for 2024
- NAPERVILLE PSYCHIATRIC VENTURES EIN 36-3965251 · last filed 990 for 2024