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Nonprofit · EIN 36-2179813

SWEDISH COVENANT HEALTH

Tax-exempt · ARLINGTON HTS, IL 60005

Financials

$352.3M$336.1M2023$607.5M$540.5M2024
Revenue Expenses · by fiscal year end
Financials of SWEDISH COVENANT HEALTH by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$607,452,110$540,523,306$66,928,804$336,203,176$64,568,888$271,634,288
December 31, 2023990$352,313,579$336,125,639$16,187,940$430,490,764$226,195,453$204,295,311
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$9,268,566
of which government grants
$9,268,566
Program service revenue
$595,876,939
Investment income
$40,845
Other revenue
$2,265,760

Expenses

Grants and similar amounts paid
$1,094,141
Compensation of officers, directors and key employees
$779,242
Other salaries and wages
$146,653,207
Salaries, compensation and benefits (total)
$180,553,359
Professional fundraising fees
$0
Accounting fees
$161,506
Occupancy
$7,762,827
Travel
$357,182
Depreciation
$24,130,622
Program services (functional)
$517,685,174
Management and general (functional)
$22,838,132

Balance sheet and other

Total assets, start of year
$430,490,764
Total assets, end of year
$336,203,176
Total liabilities, end of year
$64,568,888
Net assets, end of year
$271,634,288
Land, buildings and equipment
$252,365,832
Net assets without donor restrictions
$269,990,754
Net assets with donor restrictions
$1,643,534
Gross unrelated business income
$2,137,261
Gross receipts
$607,452,110
Employees
2,479
Volunteers
78
Year formed
1907
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.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Gerald P GallagherSystem President and CEO
Trustee or director, Officer
1$0$3,559,263$1,632,363
Douglas D WeldaySystem Treasurer and CFO
Officer
1$0$1,854,234$330,386
Mahalakshmi HalasyamaniDirector
Trustee or director
1$0$1,276,588$504,066
Kristen MurtosDirector
Trustee or director
1$0$1,137,477$475,927
Shivani BautistaSystem Chief Legal Officer/Secretary
Officer
1$0$803,024$421,599
Anthony GuaccioFormer Officer
Former
0$1,029,884$0$43,941
Jeffrey C CilleyDirector
Trustee or director
1$0$919,581$40,078
Jonathan LindDirector and President, Swedish Hospital
Trustee or director, Officer
40$587,344$0$142,895
Bruce McNultyChief Medical Officer
Key employee
40$632,658$0$28,595
Shameem A AbbasyVP, Clinical Quality and Transformation
Highest-paid employee
40$551,556$0$26,534
Saliba KokalyAVP, Operations
Highest-paid employee
40$377,219$0$26,415
Kathryn DonofrioSenior VP, Chief Nursing Officer
Key employee
40$347,024$0$21,875
Richard CunninghamDirector, Rehabilitation Services
Highest-paid employee
40$249,925$0$30,914
Noly Grace LagrosaRN House Operations Administrator
Highest-paid employee
40$243,394$0$27,939
Alicia JuskaDirector, Pharmacy
Highest-paid employee
40$236,668$0$18,452
12 more people on this return
NameTitleHours / weekCompensationOther / benefits
Oluwadamilola AdeyemiDirector
Trustee or director
40$107,755$406
Jeffrey M TilkinDirector (until 12/31/24)
Trustee or director
1$19,167$0
Bea Reyna-HickeySecretary
Trustee or director, Officer
1$0$0
Debra SchotzVice Chairman
Trustee or director, Officer
1$0$0
Kurt D AndersonChairman
Trustee or director, Officer
1$0$0
Carolin ArchibaldDirector
Trustee or director
1$0$0
Chris SullivanDirector
Trustee or director
1$0$0
Christopher J OlsonDirector
Trustee or director
1$0$0
Dennis G HammerDirector
Trustee or director
1$0$0
Lawrence P AndersonDirector
Trustee or director
1$0$0
Scott HansonDirector
Trustee or director
1$0$0
Scott StenmarkDirector
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 28 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Gerald P GallagherSystem President and CEO
Trustee or director, Officer
1$0$4,100,532$2,182,996
Mahalakshmi HalasyamaniDirector
Trustee or director
1$0$1,720,211$520,888
Kristen MurtosDirector
Trustee or director
1$0$1,534,636$574,783
Douglas D WeldayChief Financial Officer
Officer
1$0$1,750,748$284,165
Anthony GuaccioPresident (until 8/30/23), CEO (until 12/31/23)
Trustee or director, Officer
40$1,264,566$0$106,239
Bruce McNultyChief Medical Officer
Key employee
40$821,037$0$55,315
Jonathan LindPresident of SCH
Trustee or director, Officer
40$673,960$0$49,114
Karen M SheehanVP, Information Technology
Highest-paid employee
40$524,148$0$25,079
Shameem A AbbasyVP, Clinical Quality and Transformation
Highest-paid employee
40$497,078$0$28,222
Saliba KokalyAVP, Operations
Highest-paid employee
40$320,502$0$52,118
Kathryn DonofrioSenior VP, CNO
Key employee
40$325,502$0$38,578
Domenico VigilanteDirector, Applications
Highest-paid employee
40$272,303$0$42,477
Noly Grace LagrosaRN House Operations Administrator
Highest-paid employee
40$255,218$0$41,882
Oluwadamilola AdeyemiDirector
Trustee or director
40$155,819$0$42,775
Jeffrey M TilkinDirector
Trustee or director
1$22,000$0$0
Bea Reyna-HickeySecretary
Trustee or director, Officer
1$0$0$0
Debra SchotzVice Chairman
Trustee or director, Officer
1$0$0$0
Kurt D AndersonChairman
Trustee or director, Officer
1$0$0$0
Carolin ArchibaldDirector
Trustee or director
1$0$0$0
Chris SullivanDirector
Trustee or director
1$0$0$0
Christopher J OlsonDirector
Trustee or director
1$0$0$0
Dennis G HammerDirector
Trustee or director
1$0$0$0
Jeffrey C CilleyEx-Officio Director
Trustee or director
1$0$0$0
Lawrence P AndersonDirector
Trustee or director
1$0$0$0
Ron ChadhaDirector (left during 2023)
Trustee or director
1$0$0$0
Scott HansonDirector
Trustee or director
1$0$0$0
Scott StenmarkDirector
Trustee or director
1$0$0$0
Vincent DiBenedettoDirector (left during 2023)
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
3040 W SALT CREEK LN, ARLINGTON HTS, IL 60005-1069
Principal officer (990 for 2024)
Gerald P Gallagher, 3040 W Salt Creek Lane, Arlington Heights, IL 60005
Signed the 990
Douglas D Welday, Treasurer & Chief Financial Officer
Phone
(773) 878-8200
Return prepared by
ERNST & YOUNG US LLP

Mission

See Schedule O

990 for the year ended December 31, 2024

Program accomplishments

  • See Schedule O
    Expenses $517,685,174 · grants $1,094,141 · revenue $596,158,890

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
36-2179813
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Hospital or medical research organization
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1996
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$336,203,176
Income (IRS master file)
$607,452,110

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$607,452,110$540,523,306$336,203,176IRS
990-TDecember 2024–––IRS
990December 2023$352,313,579$336,125,639$430,490,764XML
990-TDecember 2023–––IRS
990December 2022$300,504,779$307,177,773$840,938,672IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990September 2021–––IRS
990-TSeptember 2021–––IRS
990September 2020–––IRS
990September 2018–––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 36-2179813).

Questions about SWEDISH COVENANT HEALTH

What is the EIN of SWEDISH COVENANT HEALTH?
The employer identification number (EIN) of SWEDISH COVENANT HEALTH is 36-2179813.
Is SWEDISH COVENANT HEALTH tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to SWEDISH COVENANT HEALTH tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SWEDISH COVENANT HEALTH file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SWEDISH COVENANT HEALTH 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 HEALTH 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 HEALTH?
The 990 for the year ended December 31, 2024 names Gerald P Gallagher.
Who are the officers and directors of SWEDISH COVENANT HEALTH?
The 990 for the year ended December 31, 2024 lists 27 people; 11 received compensation from the organization.
How much revenue does SWEDISH COVENANT HEALTH have?
On its 990 for the year ended December 31, 2024 it reported revenue of $607,452,110, expenses of $540,523,306 and total assets of $336,203,176 at year end.

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