Nonprofit · EIN 58-1672987
EDWARD HEALTH VENTURES
Tax-exempt · ARLINGTON HTS, IL 60005
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $187,642,626 | $272,967,018 | -$85,324,392 | $155,018,300 | $187,444,668 | -$32,426,368 |
| December 31, 2023 | 990 | $176,361,106 | $241,614,133 | -$65,253,027 | $129,745,697 | $80,640,699 | $49,104,998 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $186,800,956
- Investment income
- $3
- Other revenue
- $841,667
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $2,054,534
- Other salaries and wages
- $184,027,375
- Salaries, compensation and benefits (total)
- $216,688,080
- Professional fundraising fees
- $0
- Legal fees
- $202,417
- Occupancy
- $12,535,004
- Travel
- $60,310
- Depreciation
- $7,080,076
- Program services (functional)
- $257,713,463
- Management and general (functional)
- $15,253,555
Balance sheet and other
- Total assets, start of year
- $129,745,697
- Total assets, end of year
- $155,018,300
- Total liabilities, end of year
- $187,444,668
- Net assets, end of year
- -$32,426,368
- Land, buildings and equipment
- $88,778,979
- Net assets without donor restrictions
- -$32,426,368
- Gross unrelated business income
- $2,692,683
- Gross receipts
- $187,642,626
- Employees
- 1,838
- Volunteers
- 10
- Year formed
- 1986
- 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 & 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 |
| Zahab Ahsan | Physician Highest-paid employee | 40 | $1,866,825 | $0 | $51,372 |
| Joseph Dant | President, South Region/Trustee Trustee or director, Officer | 1 | $0 | $1,104,597 | $372,142 |
| Lucio Pavone | Physician Highest-paid employee | 40 | $1,418,156 | $0 | $25,392 |
| Minh Luu | Physician Highest-paid employee | 40 | $1,342,546 | $0 | $53,574 |
| Christine Gresik | Physician Highest-paid employee | 40 | $1,299,468 | $0 | $23,844 |
| Feras Bankosly | Physician Highest-paid employee | 40 | $1,223,586 | $0 | $39,920 |
| Shivani Bautista | System Chief Legal Officer/Secretary Officer | 1 | $0 | $803,024 | $421,599 |
| Denise Chamberlain | Former Officer Former | 0 | $0 | $880,966 | $246,269 |
| Chris J Mollet | Former Officer Former | 0 | $0 | $676,431 | $151,925 |
| Walter Whang | Trustee Trustee or director | 40 | $562,924 | $0 | $49,268 |
| Michael T Hoffman | Trustee Trustee or director | 40 | $530,929 | $0 | $46,889 |
| Katie McGovern | SVP, Medical Group Operations Key employee | 40 | $417,820 | $54,742 | $99,175 |
| Adam Schriedel | Trustee (until 6/30/24) Trustee or director | 40 | $506,466 | $0 | $40,269 |
23 more people on this return
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Jason Ogden | Assistant Treasurer Officer | 1 | $0 | $424,107 | $46,994 |
| Mark Gomez | Trustee Trustee or director | 40 | $420,981 | $0 | $48,580 |
| Mary Lou Mastro | Former Officer Former | 0 | $0 | $468,372 | $0 |
| Brad Cutler | Trustee Trustee or director | 40 | $403,007 | $0 | $53,396 |
| Daniel Sullivan | Former Key Employee Former | 0 | $0 | $454,992 | $0 |
| Michael P McKenna | Former Key Employee Former | 0 | $0 | $322,710 | $48,862 |
| Lydia Andrasz | Assistant Secretary Officer | 1 | $0 | $302,955 | $49,360 |
| Maureen Kunz | Former Key Employee Former | 0 | $0 | $296,357 | $55,263 |
| John Klosowski | Former Key Employee Former | 40 | $255,120 | $0 | $24,041 |
| Arvind Ramanathan | Former Key Employee Former | 0 | $0 | $208,878 | $39,035 |
| Kristi Devalk-Caswick | Former Key Employee Former | 40 | $228,065 | $0 | $19,215 |
| Jennifer Enright | Former Key Employee Former | 40 | $175,204 | $0 | $37,111 |
| Margaret Dixon Harrell | Vice Chair Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Sean Chou | Chair Trustee or director, Officer | 1 | $0 | $0 | $0 |
| David Morrissey | Trustee (until 6/30/24) Trustee or director | 1 | $0 | $0 | $0 |
| Elizabeth Aquino | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Harry Siavelis | Trustee (as of 7/1/24) Trustee or director | 1 | $0 | $0 | $0 |
| Ram Shivakumar | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Ravi Nemivant | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Robert Platt | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Sasha Demos | Trustee (as of 7/1/24) Trustee or director | 1 | $0 | $0 | $0 |
| Tom S Lee | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Valerie Cahill | Trustee Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 36 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Gerald P Gallagher | System President & CEO Officer | 1 | $0 | $4,100,532 | $2,182,996 |
| Mary Lou Mastro | Former Officer Former | 0 | $0 | $2,978,503 | $14,850 |
| Douglas D Welday | System Chief Financial Officer Officer | 1 | $0 | $1,750,748 | $284,165 |
| Denise Chamberlain | CFO, South Region/Treasurer (until 12/15/23) Officer | 1 | $0 | $1,336,373 | $158,179 |
| Zahab Ahsan | Physician Highest-paid employee | 40 | $1,429,738 | $0 | $38,451 |
| William Schueler | Physician Highest-paid employee | 40 | $1,123,128 | $0 | $46,598 |
| Kamran Khan | Physician Highest-paid employee | 40 | $1,130,727 | $0 | $20,802 |
| Joseph Dant | CEO, South Region/Trustee Trustee or director | 1 | $0 | $995,003 | $156,357 |
| Alexander Jones | Physician Highest-paid employee | 40 | $1,077,356 | $0 | $45,607 |
| Brian Myre | Physician Highest-paid employee | 40 | $1,058,754 | $0 | $25,268 |
| Chris J Mollet | System Chief Legal Officer/Secretary (until 3/31/23) Officer | 1 | $0 | $859,893 | $156,204 |
| Daniel Sullivan | Co-Chief Physician Exec (left) Key employee | 1 | $0 | $821,515 | $147,693 |
| Shivani Bautista | System Chief Legal Officer/Secretary Officer | 1 | $0 | $655,182 | $46,582 |
| Walter Whang | Trustee Trustee or director | 35 | $525,889 | $0 | $50,031 |
| Jason Ogden | Assistant Treasurer Officer | 1 | $0 | $475,130 | $42,904 |
| Mark Gomez | Trustee Trustee or director | 35 | $465,103 | $0 | $45,020 |
| Michael Hoffman | Trustee Trustee or director | 40 | $441,586 | $0 | $37,629 |
| Adam Schriedel | Trustee Trustee or director | 34 | $438,288 | $0 | $34,648 |
| Katie McGovern | SVP, Medical Group Operations, South Region Key employee | 1 | $0 | $337,115 | $103,294 |
| Brad Cutler | Trustee Trustee or director | 35 | $388,066 | $0 | $44,610 |
| Michael McKenna | Former Key Employee Former | 1 | $0 | $272,413 | $40,974 |
| Maureen Kunz | Former Key Employee Former | 1 | $0 | $245,354 | $42,277 |
| John Klosowski | Former Key Employee Former | 40 | $217,933 | $0 | $19,112 |
| Arvind Ramanathan | Director, Medical Group Operations Key employee | 1 | $0 | $173,095 | $40,585 |
| Kristi Devalk-Caswick | Former Key Employee Former | 40 | $188,909 | $0 | $12,066 |
| Jennifer Enright | Former Key Employee Former | 40 | $155,709 | $0 | $35,560 |
| Margaret Dixon Harrell | Vice Chair Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Sean Chou | Chair Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Christine Jeffries | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| David Morrissey | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Elizabeth Aquino | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Ram Shivakumar | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Ravi Nemivant | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Robert Platt | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Tom S Lee | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Valerie Cahill | Trustee 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, 1301 CENTRAL STREET, EVANSTON, IL 60201
- Signed the 990
- DOUGLAS WELDAY, SYSTEM CHIEF FINANCIAL OFFICER
- Phone
- (630) 527-3000
- Website
- www.endeavorhealth.org
- Return prepared by
- ERNST & YOUNG US LLP
Mission
SEE SCHEDULE O
Program accomplishments
- EDWARD HEALTH VENTURES OFFERS PHYSICIAN SERVICES IN PRIMARY CARE, OBSTETRICS, MEDICAL ONCOLOGY, RHEUMATOLOGY, NEUROSCIENCE, NEPHROLOGY, PSYCHIATRY, HOSPITALISTS AND A VARIETY OF SURGICAL SPECIALTIES. EDWARD MEDICAL GROUP AND ELMHURST MEMORIAL MEDICAL GROUP ARE COMPRISED OF 38 PHYSICIAN PRACTICES IN THE WESTERN SUBURBS OF CHICAGO, INCLUDING NAPERVILLE, AURORA, BOLINGBROOK, PLAINFIELD, CREST HILL, LISLE, WARRENVILLE, OSWEGO, SANDWICH, YORKVILLE, SYCAMORE, ELMHURST, AND OAK PARK. EDWARD HEALTH VENTURES OPERATES 6 WALK-IN CLINICS IN NAPERVILLE, AURORA, WOODRIDGE, YORKVILLE, PLAINFIELD, AND ELMHURST. EDWARD HEALTH VENTURES OPERATES 5 IMMEDIATE CARES IN ADDISON, OAK PARK, HINSDALE, OSWEGO, AND NAPERVILLE. LINDEN OAKS MEDICAL GROUP, WITH SPECIALISTS IN CHILD AND ADULT PSYCHIATRY, IS COMPRISED OF 8 PHYSICIAN PRACTICE LOCATIONS INCLUDING NAPERVILLE, WOODRIDGE, PLAINFIELD, ST. CHARLES, YORKVILLE, MOKENA, OAK PARK AND ELMHURST.Expenses $240,424,800 · revenue $174,624,428
- EDWARD HEALTH VENTURES PROVIDES ACCESS TO MEDICAL SERVICES AT CONVENIENT LOCATIONS BY OPERATING MEDICAL OFFICE BUILDINGS IN NAPERVILLE, PLAINFIELD, BOLINGBROOK, OSWEGO AND ELMHURST. IT HAS APPROXIMATELY 30 MEDICAL OFFICE TENANTS INCLUDING A NUMBER OF EDWARD HOSPITAL PROGRAMS. THE EXPANSION OF THE EDWARD PLAINFIELD CAMPUS INCLUDES OFFERING PHYSICIAN AND OTHER RELATED HEALTH CARE SERVICES INCLUDING MEDICAL ONCOLOGY FROM EDWARD CANCER CENTER, EDWARD PERINATOLOGY CENTER, EDWARD HOSPITAL PHYSICAL THERAPISTS AND BEHAVIORAL HEALTH PROFESSIONALS FROM LINDEN OAKS MEDICAL GROUP AND INDEPENDENT SPECIALISTS, INCLUDING PEDIATRICIANS, CARDIOLOGISTS, OBSTETRICIANS, GYNECOLOGISTS, ALLERGISTS, OPHTHALMOLOGISTS, AND PRIMARY CARE PHYSICIANS.Expenses $17,288,663 · revenue $5,652,104
- EDWARD HEALTH VENTURES INVESTS IN JOINT VENTURES.revenue $3,831,741
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 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
- 58-1672987
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1988
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E110)
- Assets (IRS master file)
- $155,018,300
- Income (IRS master file)
- $187,642,626
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $187,642,626 | $272,967,018 | $155,018,300 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $176,361,106 | $241,614,133 | $129,745,697 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $157,125,664 | $249,827,544 | $131,953,780 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 58-1672987).
Questions about EDWARD HEALTH VENTURES
- What is the EIN of EDWARD HEALTH VENTURES?
- The employer identification number (EIN) of EDWARD HEALTH VENTURES is 58-1672987.
- Is EDWARD HEALTH VENTURES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
- Are donations to EDWARD HEALTH VENTURES tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does EDWARD HEALTH VENTURES 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 EDWARD HEALTH VENTURES 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 EDWARD HEALTH VENTURES 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 EDWARD HEALTH VENTURES?
- The 990 for the year ended December 31, 2024 names Gerald P Gallagher.
- Who are the officers and directors of EDWARD HEALTH VENTURES?
- The 990 for the year ended December 31, 2024 lists 38 people; 14 received compensation from the organization.
- How much revenue does EDWARD HEALTH VENTURES have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $187,642,626, expenses of $272,967,018 and total assets of $155,018,300 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
- 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
- EDWARD-ELMHURST HEALTHCARE EIN 36-3513954 · last filed 990 for 2024