2023-11-14T20:09:36+00:00 2022-12-31 350921680 Crowe LLP 225 West Wacker Drive Suite 2600 Chicago IL 606061224 990 2022-01-01 581672987 Edward Health Ventures EDWA 6305273000 801 S Washington Street Naperville IL 60540 DOUG WELDAY CHIEF FINANCIAL OFFICER 8475705050 2023-11-15 true DOUGLAS WELDAY 999009999 Mallory Fairless P01321579 3128997000 2022 2023-04-26 12:10:37Z Gerald P Gallagher 1301 CENTRAL STREET EVANSTON IL 60201 157125664 false X WWW.EEHEALTH.ORG X 1986 IL EDWARD HEALTH VENTURES FOLLOWS THE MISSION OF NORTHSHORE - EDWARD-ELMHURST HEALTH TO "HELP EVERYONE IN OUR COMMUNITIES BE THEIR BEST." 16 10 1580 0 187310 35916 44220 0 72085569 157108567 17097 0 72129789 157125664 0 0 77691119 168357373 0 0 41913786 81470171 119604905 249827544 -47475116 -92701880 136057032 131953780 71008330 66576864 65048702 65376916 See Schedule O false false 193292914 147045823 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, CRESTHILL, 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. 11187539 4401360 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, OPTHALOMOLOGISTS, AND PRIMARY CARE PHYSICIANS. 0 5491171 EDWARD HEALTH VENTURES INVESTS IN OUTPATIENT CLINICS AND SURGERY CENTERS, INCLUDING PLAINFIELD SURGERY CENTER, DMG SURGICAL CENTER AND NORTHERN ILLINOIS SURGERY CENTER. 204480453 true false false false false false false false false true false false true true true false true false false false false false false false false false false false true false false false false false false true true false false false false false true true true false false true 54 0 true 1580 true true true false false false false false false false false false false false X 16 10 true false false false true true true true true false false false true true true true true false false true true IL X Christine E Erdmann 8476184606 3040 Salt Creek Lane Arlington Heights IL 60005 Joseph Dant Pres,Edward Hosp&Sth Institute 1.0 39.0 X X 0 1323340 84206 Margaret Harrell Trustee/Vice Chair 1.0 5.0 X X 0 0 0 Mary L Mastro CEO, South Region/Trustee 1.0 39.0 X X 0 2046561 43780 Sean Chou Trustee/Chair 1.0 5.0 X X 0 0 0 Adam Schriedel MD Chief Medical Officer/Trustee 34.0 6.0 X 470265 0 36953 Christine Jeffries Trustee 1.0 5.0 X 0 0 0 David Morrissey Trustee Starting 7/1/2022 1.0 5.0 X 0 0 0 Lekshmi Venugopal MD Physician/Trustee 35.0 5.0 X 379204 0 19155 Liz Aquino Trustee 1.0 5.0 X 0 0 0 Mark Gomez MD Physician/Trustee 35.0 5.0 X 429813 0 47655 Michael Hoffman MD Trustee 1.0 39.0 X 0 311134 17710 Ram Shivakumar Trustee 1.0 5.0 X 0 0 0 Ravi Nemivant Trustee 1.0 5.0 X 0 0 0 Robert Platt Trustee 1.0 5.0 X 0 0 0 Tom Lee Trustee 1.0 5.0 X 0 0 0 Valerie Cahill Trustee 1.0 6.0 X 0 0 0 Walter Whang MD Physician/Trustee 35.0 5.0 X 584280 0 45413 Chris J Mollet System Chief Legal Officer/Corp Secretary 1.0 39.0 X 0 1045918 46129 Denise Chamberlain CFO, South Region/Treasurer 1.0 39.0 X 0 892466 147746 Douglas D Welday System Chief Financial Officer 1.0 39.0 X 0 1217510 425841 Gerald P Gallagher System President and CEO 1.0 39.0 X 0 3655300 1103973 Jason Ogden AVP, Corp Control & Treas Mgmt/Assistant Treasurer 1.0 39.0 X 0 387866 45572 Jeffrey D Friant VP, Finance/ Assistant Treasurer 1.0 40.0 X 0 525623 101894 Arvind Ramanathan Svc Line Dir, Medical Group Ops 1.0 39.0 X 0 182478 41793 Daniel Sullivan Co-Chief Physician Exec 1.0 39.0 X 0 968535 31036 Katie G McGovern VP Medical Group Ops, Sth Regn 1.0 39.0 X 0 351587 71728 Laura L Eslick System VP Ops Through 6/30/2022 1.0 39.0 X 0 569451 101602 Brian Myre Physician 40.0 0 X 1038185 0 25839 Christine Gresik Physician 40.0 0 X 1047080 0 19502 George Salti MD Physician 40.0 0 X 994820 0 50169 Iris Seitz Physician 40.0 0 X 984279 0 23036 Zahab Ahsan Physician 40.0 0 X 1237374 0 42205 Gina M Sharp Pres, LOH Behav Hlth Institute 1.0 39.0 X 0 515949 50700 Jean T Lydon CNE 1.0 39.0 X 0 607542 101574 John Klosowski Svc Line Dir, Medical Group Ops 40.0 0 X 231318 0 20355 Kristi Devalk-Caswick Svc Line Dir, Medical Group Ops 39.0 2.0 X 184377 0 13382 Laura Jones Dir, Physician Pract Rev Cycle 1.0 39.0 X 0 194804 11467 Maureen Kunz AVP, CNO LOH 1.0 39.0 X 0 278322 44411 Michael P Mckenna Svs Line Dir, Onc & Palliative Care, Surg Svs 1.0 39.0 X 0 280045 44749 7580995 15354431 2859577 486 true true false NORTHWESTERN MED FACULTY FOUNDATION 676 N ST CLAIR SUITE 2210 CHICAGO IL 60611 CONTRACT FOR NEUROSURGEON SERVICES 3683336 Rush Medical Center 1700 W Van Buren Chicago IL 60612 Contract for Pediatric Services 1039350 Jericho Services 24111 Brancaster Drive NAPERVILLE IL 60564 Cleaning Services 1015773 PERSONALIZED PHYSICIANS GROUP 7 BLANCHARD CIRCLE WHEATON IL 60189 Contract for Doctor Services 177600 ADDISON GROUP 125 S WACKER DR SUITE 27800 ChICAGO IL 60606 Consulting services 129237 8 0 Patient Service Revenue 621990 144483044 144483044 Medical Building Rent Revenue 900099 4401360 4401360 Investment in Healthcare Ventures 621400 -247651 -434961 187310 IHP Distributions 900099 4392223 4392223 MDVIP Revenue 900099 1157380 1157380 2922211 2922211 0 0 157108567 17097 17097 0 0 0 0 0 0 0 0 0 157125664 156938354 187310 0 2012738 1910379 102359 0 449432 426576 22856 143894911 136577057 7317854 13837875 13145981 691894 8162417 7754296 408121 32168253 32168253 10536305 10430942 105363 0 27740 27740 876842 868074 8768 11569366 9733159 1836207 41313 35943 5370 1098168 1098168 6248849 5374010 874839 3003887 2583343 420544 Taxes 731000 628660 102340 Repairs and Maintenance 879975 871175 8800 Medical Expenses 14017885 13877706 140179 EDUCATION 31107 27063 4044 239481 208349 31132 0 249827544 204480453 45347091 0 -2660851 -1734365 10981678 8215558 0 0 0 0 952293 641208 185709377 96497026 89227749 89212351 0 3793203 3545552 1281 0 33761679 32073476 136057032 131953780 22789143 29132411 0 0 48219187 37444453 71008330 66576864 X 65048702 65376916 65048702 65376916 136057032 131953780 X -92701880 -1968480 -7254168 102252742 X false true X true true true X X X 4 EDWARD HOSPITAL 363297173 3 true 0 211259034 NAPERVILLE PSYCHIATRIC VENTURES DBA LINDEN OAKS HOSPITAL 363965251 3 true 0 17064863 EDWARD HEALTH AND FITNESS CENTER 363555528 9 true 0 8167261 Elmhurst Memorial Hospital 362167784 3 true 0 21128 4 0 236512286 true false false false false false false false false false false false false false false false 0 0 0 0 0 0 Schedule A, Part I, Line 12g Amount of other support (column vi) EDWARD HOSPITAL: EDWARD HEALTH VENTURES IS A SUPPORTING ORGANIZATION TO EDWARD HOSPITAL. THE AMOUNT REPORTED IN A SCHEDULE A PART I, LINE 12G, COLUMN (VI) RELATES TO EXPENSES INCURRED BY THE ORGANIZATION ON BEHALF OF THE SUPPORTED ENTITIES (REIMBURSED IN WHOLE OR IN PART THROUGH MANAGEMENT FEES). NAPERVILLE PSYCHIATRIC VENTURES DBA LINDEN OAKS HOSPITAL: EDWARD HEALTH VENTURES IS A SUPPORTING ORGANIZATION TO NAPERVILLE PSYCHIATRIC VENTURES DBA LINDEN OAKS HOSPITAL. THE AMOUNT REPORTED IN A SCHEDULE A PART I, LINE 12G, COLUMN (VI) RELATES TO EXPENSES INCURRED BY THE ORGANIZATION ON BEHALF OF THE SUPPORTED ENTITIES (REIMBURSED IN WHOLE OR IN PART THROUGH MANAGEMENT FEES). EDWARD HEALTH AND FITNESS CENTER: EDWARD HEALTH VENTURES IS A SUPPORTING ORGANIZATION TO EDWARD HEALTH AND FITNESS CENTER. THE AMOUNT REPORTED IN A SCHEDULE A PART I, LINE 12G, COLUMN (VI) RELATES TO EXPENSES INCURRED BY THE ORGANIZATION ON BEHALF OF THE SUPPORTED ENTITIES (REIMBURSED IN WHOLE OR IN PART THROUGH MANAGEMENT FEES). ELMHURST MEMORIAL HOSPITAL: EDWARD HEALTH VENTURES IS A SUPPORTING ORGANIZATION TO ELMHURST MEMORIAL HOSPITAL. THE AMOUNT REPORTED IN A SCHEDULE A PART I, LINE 12G, COLUMN (VI) RELATES TO EXPENSES INCURRED BY THE ORGANIZATION ON BEHALF OF THE SUPPORTED ENTITIES (REIMBURSED IN WHOLE OR IN PART THROUGH MANAGEMENT FEES). Schedule A, Part IV, Section C, Line 1 Majority director detail EDWARD HEALTH VENTURES (EHV) EXERCISES RESERVE POWERS OVER ITS SUBSIDIARIES (LINDEN OAKS HOSPITAL AND EDWARD HEALTH AND FITNESS CENTER) AND ALL EDWARD-ELMHURST HEALTH (EEH) AFFILIATES ARE CONNECTED/CONTROLLED VIA RESERVE POWERS HELD AT THE EEH LEVEL; I.E., THE SOUTH REGION BOARD IS THE REPRESENTATIVE BOARD FOR EDWARD-ELMHURST HEALTH, EDWARD HOSPITAL, ELMHURST HOSPITAL, ELMHURST MEMORIAL HEALTHCARE, EDWARD HEALTH VENTURES AND LINDEN OAKS HOSPITAL (ONE BOARD FOR ALL OF THOSE ENTITIES). THEY ARE DESIGNATED BY CLASS AS AN AFFILIATED ENTITY. AS A RESULT OF THE OVERLAP OF THE SENIOR MANAGEMENT TEAM SERVING THE CORPORATION AND THE SUPPORTED ORGANIZATIONS, CONTROL AND MANAGEMENT OF THE SUPPORTING ORGANIZATION WAS VESTED IN THE SAME PERSONS THAT CONTROLLED AND MANAGED THE SUPPORTED ORGANIZATIONS. FURTHERMORE, THE BYLAWS OF EDWARD HEALTH VENTURES PROVIDE THAT THE TRUSTEES OF EDWARD HEALTH VENTURES SHALL INCLUDE AT LEAST ONE PERSON WHO ALSO SERVES AS A TRUSTEE OF THE SUPPORTED ORGANIZATIONS. 7278079 16236300 23514379 132828784 86799852 46028932 18145446 9697174 8448272 11220768 0 11220768 89212351 Right-of-Use Assets 27893739 Due from Affiliates MISC Receivables 4179737 32073476 Due to affiliates 14978119 Rental Deposits 1500 Professional & General Liability 1635520 Operating Lease Obligation net 20829314 37444453 X 154775357 -1968480 0 -1968480 156743837 381827 381827 157125664 249445717 0 0 249445717 381827 381827 249827544 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The affiliates and subsidiaries of the System are primarily tax-exempt organizations under Internal Revenue Code Section 501(c)(3), and their related income is exempt from federal income tax. Accordingly, there is no material provision for income tax for these entities. Some of the income generated by certain exempt entities is subject to taxation as unrelated business income. The System files federal income tax returns and returns for various states in the U.S. ASC 740-10, Income Taxes, requires that realization of an uncertain income tax position is more likely than not (i.e., greater than 50% likelihood of receiving a benefit) before it can be recognized in the consolidated financial statements. Furthermore, this interpretation prescribes the benefit to be recorded in the consolidated financial statements as the amount most likely to be realized, assuming a review by tax authorities having all relevant information and applying current conventions. This interpretation also clarifies the financial statement classification of tax-related penalties and interest and sets forth new disclosures regarding unrecognized tax benefits. No amount was recorded for the year ended December 31, 2022. At year-end December 31, 2022, the System had a net operating loss carryforward of $340,271, which generated deferred tax assets of $96,228. These assets are offset by a valuation allowance of $94,373. Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Lease Liability True-Up - 381827 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Lease Liability True-Up - 381827 X X true true true true false false false false false true false Joseph Dant Pres,Edward Hosp&Sth Institute 0 558267 0 240522 0 524551 0 52299 0 31907 0 1407546 0 423090 Mary L Mastro CEO, South Region/Trustee 0 1042997 0 616915 0 386649 0 16704 0 27076 0 2090341 0 0 Mark Gomez MD Physician/Trustee 425199 0 2430 0 2184 0 16332 0 31323 0 477468 0 0 0 Michael Hoffman MD Trustee 0 207440 0 100000 0 3694 0 6292 0 11418 0 328844 0 0 Adam Schriedel MD Chief Medical Officer/Trustee 431630 0 37043 0 1592 0 16424 0 20529 0 507218 0 0 0 Lekshmi Venugopal MD Physician/Trustee 376899 0 0 0 2306 0 16762 0 2393 0 398360 0 0 0 Walter Whang MD Physician/Trustee 580382 0 0 0 3898 0 9846 0 35567 0 629693 0 0 0 Denise Chamberlain CFO, South Region/Treasurer 0 567333 0 253881 0 71252 0 134245 0 13502 0 1040212 0 0 Jeffrey D Friant VP, Finance/ Assistant Treasurer 0 327035 0 113606 0 84982 0 88616 0 13278 0 627518 0 0 Chris J Mollet System Chief Legal Officer/Corp Secretary 0 581419 0 262665 0 201835 0 16207 0 29922 0 1092048 0 0 Jason Ogden AVP, Corp Control & Treas Mgmt/Assistant Treasurer 0 290302 0 73620 0 23945 0 16456 0 29115 0 433438 0 0 Gerald P Gallagher System President and CEO 0 1588674 0 0 0 2066626 0 1068475 0 35498 0 4759273 0 2057902 Douglas D Welday System Chief Financial Officer 0 837005 0 0 0 380505 0 392300 0 33541 0 1643351 0 327145 Kristi Devalk-Caswick Svc Line Dir, Medical Group Ops 160198 0 17724 0 6456 0 10122 0 3260 0 197759 0 0 0 Laura Jones Dir, Physician Pract Rev Cycle 0 173122 0 19296 0 2387 0 9471 0 1996 0 206271 0 0 John Klosowski Svc Line Dir, Medical Group Ops 188335 0 20460 0 22523 0 10735 0 9620 0 251673 0 0 0 Maureen Kunz AVP, CNO LOH 0 200243 0 61004 0 17075 0 12587 0 31824 0 322733 0 0 Jean T Lydon CNE 0 177782 0 125290 0 304471 0 88287 0 13287 0 709116 0 273091 Michael P Mckenna Svs Line Dir, Onc & Palliative Care, Surg Svs 0 221923 0 25357 0 32764 0 15115 0 29633 0 324793 0 0 Gina M Sharp Pres, LOH Behav Hlth Institute 0 306190 0 131767 0 77992 0 16360 0 34341 0 566649 0 0 Laura L Eslick System VP Ops Through 6/30/2022 0 167625 0 114181 0 287645 0 84901 0 16701 0 671054 0 282090 Katie G McGovern VP Medical Group Ops, Sth Regn 0 257552 0 87329 0 6707 0 67702 0 4026 0 423316 0 0 Arvind Ramanathan Svc Line Dir, Medical Group Ops 0 162182 0 19331 0 965 0 10029 0 31764 0 224271 0 0 Daniel Sullivan Co-Chief Physician Exec 0 571718 0 242267 0 154550 0 16346 0 14690 0 999571 0 0 Zahab Ahsan Physician 1235163 0 0 0 2211 0 18147 0 24058 0 1279579 0 0 0 Christine Gresik Physician 1045340 0 0 0 1740 0 16581 0 2921 0 1066582 0 0 0 Brian Myre Physician 1036445 0 0 0 1740 0 15217 0 10622 0 1064024 0 0 0 George Salti MD Physician 988706 0 0 0 6114 0 15251 0 34918 0 1044988 0 0 0 Iris Seitz Physician 981969 0 0 0 2310 0 15281 0 7755 0 1007315 0 0 0 Schedule J, Part I, Line 1a Tax indemnification and gross-up payments The organization's officers and certain key employees are offered life insurance and long-term disability benefits. A transition bonus is paid to certain executives that no longer receive a gross-up payment to cover the tax impacts for life insurance and long-term disability. Schedule J, Part I, Line 1a Health or social club dues or initiation fees ALL EDWARD HEALTH VENTURES EMPLOYEES ARE OFFERED A MEMBERSHIP AT THE EDWARD HEALTH & FITNESS CENTER, AN AFFILIATE OF EDWARD-ELMHURST HEALTHCARE, AS A TAXABLE EMPLOYEE BENEFIT. THE EDWARD HEALTH VENTURES PRESIDENT IS ALSO PROVIDED THIS BENEFIT FOR THEIR SPOUSE AND CHILDREN, ALSO AS A TAXABLE BENEFIT. THE VALUE OF THIS BENEFIT IS DETERMINED BASED UPON THE FAIR MARKET VALUE OF THESE MEMBERSHIPS, WHICH IS IN TURN DETERMINED BASED UPON THE ACTUAL AMOUNT THAT THE EDWARD HEALTH & FITNESS CENTER CHARGES TO OTHER CORPORATE CUSTOMERS. Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation A detailed compensation review of the top executives, including the Chief Executive Officer, is conducted annually. Market data is collected and assessed by an external independent compensation consultant who specializes in compensation consulting within the healthcare industry. The work product from this study is reviewed separately with NS-EE Holdings' Board-retained legal counsel. Market data for base and variable compensation is assessed annually for integrated delivery systems and academic medical centers that are similar in size and complexity. The market assessment includes assessing job content in order to make appropriate market data comparisons. Specific recommendations are then reviewed, discussed and approved as appropriate with the NS-EE Holdings Compensation Committee, in session with legal counsel present, in advance of implementation. Schedule J, Part I, Line 4a Severance or change-of-control payment As of December 31, 2022, an executive signed a change-of-control arrangement. No payments were made under these arrangements in 2022. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan INDIVIDUALS WHO HAVE THE TITLE OF VICE PRESIDENT OR HIGHER ARE ELIGIBLE TO PARTICIPATE IN A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP); ANY ELIGIBLE PARTICIPANTS MUST BE APPROVED BY THE EDWARD-ELMHURST HEALTHCARE BOARD OF TRUSTEES. THE SERP WAS ESTABLISHED TO RECOGNIZE THE VALUABLE CONTRIBUTIONS THAT EACH OF THE PARTICIPANTS MAKES TO THE OPERATIONS OF EDWARD-ELMHURST HEALTHCARE AND TO REWARD CERTAIN EXECUTIVE EMPLOYEES FOR THEIR LONG-TERM SERVICE AND COMMITMENT TO EDWARD-ELMHURST HEALTHCARE. THE SERP IS DESIGNED TO SUPPLEMENT THESE PARTICIPANTS' INCOME IF THEY REMAIN WITH EDWARD-ELMHURST HEALTHCARE UNTIL AGE 65. IN EXCHANGE FOR THIS LONG-TERM SERVICE, EDWARD-ELMHURST HEALTHCARE WANTS TO SUPPLEMENT THESE PARTICIPANTS' RETIREMENT INCOME WITH ADDITIONAL ANNUAL COMPENSATION THAT IS INVESTED IN AN ANNUITY CONTRACT OR A LIFE INSURANCE VEHICLE; CONTRIBUTIONS VEST AFTER FIVE YEARS. THE FOLLOWING INTERESTED PERSONS RECEIVED DEFERRALS TO THE SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) IN 2022; THESE DEFERRALS ARE INCLUDED IN SCHEDULE J, PART II, COLUMN (C). Chamberlain, Denise 126,125 Dant, Joseph C. 31,531 McGovern, Katie 53,044 Gallagher, Gerald P. 400,558 Welday, Douglas D. 109,254 THE FOLLOWING INTERESTED PERSONS RECEIVED DISTRIBUTIONS FROM THE SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) IN 2022; THESE PAYMENTS ARE INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(III) AND SCHEDULE J, PART II, COLUMN (F), AS APPLICABLE. Dant, Joseph C. 503,579 Eslick, Laura 281,138 Friant, Jeffrey D. 73,286 Lydon, Jean 282,749 Mastro, Mary 293,825 Mollet, Chris J 130,925 Sharp, Gina 69,591 Sullivan, Daniel 127,325 Gallagher, Gerald P. 2,057,902 Welday, Douglas D. 360,309 Schedule J, Part I, Line 7 Non-fixed payments SCHEDULE J, PART 1, LINE 7 IS ANSWERED YES BECAUSE CERTAIN INDIVIDUALS, WHOSE SALARY AND BENEFITS ARE PAID BY THE REPORTING ORGANIZATION OR A RELATED ORGANIZATION, RECEIVED A NONFIXED PAYMENT (BONUS) DURING THE YEAR. THE NON-FIXED PAYMENTS ARE INCLUDED IN SCHEDULE J, PART II, COLUMN B(II) AS BONUSES. THE BONUS AMOUNTS DETERMINED ARE BASED ON A FIXED PERCENTAGE OF BASE COMPENSATION, HOWEVER THEY ARE DISCRETIONARY IN NATURE, IN THAT DISCRETION IS GIVEN AS TO WHETHER OR NOT A BONUS WILL BE PAID FOR THE REPORTING PERIOD. DANIEL SULLIVAN Employment of Family Member 620830 Compensation of Family Member false MICHAEL MCKENNA Employment of Family Member 138297 Compensation of Family Member false Form 990, Part I, Line 6 VOLUNTEERS OUR VOLUNTEERS WORK IN A LARGE MAJORITY OF AREAS THROUGHOUT THE EDWARD-ELMHURST HEALTHCARE SYSTEM. THE RESPONSIBILITIES OF THE VOLUNTEERS VARY, DEPENDENT ON THE AREA THEY ARE VOLUNTEERING IN AND THE PROJECTS TO BE COMPLETED. VOLUNTEERS HAVE ASSISTED WITH CLERICAL WORK, DATA ENTRY, MEETING AND GREETING, FRIENDLY VISITS, ESCORTING AND PROVIDING GENERAL INFORMATION TO PATIENTS AND VISITORS. WE TRACK OUR VOLUNTEER HOURS MONTHLY. ALL OF THE VOLUNTEERS SIGN IN AND OUT EACH SHIFT AND WE COLLECT THE SIGN IN SHEETS AT THE END OF THE MONTH. FOR THROUGHOUT THE SYSTEM, FOR 2022, OUR VOLUNTEERS GAVE 60,000 HOURS OF SERVICE. Form 990, Part III, Line 1 Organization's Mission EDWARD HEALTH VENTURES FOLLOWS THE MISSION OF NORTHSHORE - EDWARD-ELMHURST HEALTH (NS-EEH). ON JANUARY 1, 2022, NS-EE HOLDINGS (NS-EE) BECAME THE SOLE CORPORATE MEMBER OF NORTHSHORE AND EDWARD-ELMHURST HEALTHCARE (EEH). THE MISSION OF NS-EEH IS TO "HELP EVERYONE IN OUR COMMUNITIES BE THEIR BEST." CENTRAL TO THIS MISSION IS A COMMITMENT TO PROVIDING CLINICAL PROGRAMS AND SERVICES THAT MEET COMMUNITY HEALTH NEEDS, WHILE ALSO PURSUING CONTINUOUS IMPROVEMENT TO IDENTIFY AND UNDERSTAND FUTURE NEEDS. Form 990, Part VI, Line 15a Process to Establish Compensation of CEO and Other Employees A detailed compensation review of the top executives, including the Chief Executive Officer, is conducted annually. Market data is collected and assessed by an external independent compensation consultant who specializes in compensation consulting within the healthcare industry. The work product from this study is reviewed separately with NS-EE Holdings' Board-retained legal counsel. Market data for base and variable compensation is assessed annually for integrated delivery systems and academic medical centers that are similar in size and complexity. The market assessment includes assessing job content in order to make appropriate market data comparisons. Specific recommendations are then reviewed, discussed and approved as appropriate with the NS-EE Holdings Compensation Committee, in session with legal counsel present, in advance of implementation. Form 990, Part VI, Line 2 Family/business relationships amongst interested persons Mary Lou Mastro and Jeff Friant - Business relationship, SEAN CHOU, MARGARET DIXON HARRELL, ELIZABETH AQUINO, VALERIE CAHILL, MARK GOMEZ, MICHAEL HOFFMAN, CHRISTINE JEFFRIES, TOM LEE, MARY Lou MASTRO, David Morrissey, RAVI NEMIVANT, ROBERT PLATT, ADAM SCHRIEDEL, RAM SHIVAKUMAR, LEKSHMI VENUGOPAL, WALTER WHANG - Business relationship Form 990, Part VI, Line 6 Classes of members or stockholders EDWARD HEALTH VENTURES' SOLE CORPORATE MEMBER IS EDWARD-ELMHURST HEALTHCARE, AN ILLINOIS NOT-FOR-PROFIT AND SECTION 501(C)(3) TAX-EXEMPT CORPORATION. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body EDWARD HEALTH VENTURES' SOLE CORPORATE MEMBER, EDWARD-ELMHURST HEALTHCARE, MAY ELECT REMOVE AND REPLACE MEMBERS OF THE BOARD OF TRUSTEES OF EDWARD HEALTH VENTURES. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders THE BOARD OF TRUSTEES OF EDWARD HEALTH VENTURES' SOLE CORPORATE MEMBER, EDWARD ELMHURST HEALTHCARE, HAS THE FOLLOWING EXCLUSIVE POWERS OVER EDWARD HEALTH VENTURES: (I) ELECT, REMOVE, AND REPLACE, TRUSTEES ON THE BOARD OF EDWARD HEALTH VENTURES. (II) INTERVENE IN ANY ACTION OR PLAN OF THE CORPORATION TO THE EXTENT THE BOARD OF TRUSTEES OF THE CORPORATE MEMBER, IN ITS SOLE DISCRETION, DEEMS IT NECESSARY TO DO SO IN ORDER TO AVOID SIGNIFICANT RISK TO THE TAX EXEMPT STATUS, LICENSURE, OR ACCREDITATION OF THE CORPORATION, THE CORPORATE MEMBER, EDWARD HOSPITAL, ANY SUBSIDIARY OR OTHER AFFILIATE OF THE CORPORATE MEMBER, OR ANY FACILITY OPERATED BY ANY OF THE FOREGOING, OR TO AVOID SIGNIFICANT LEGAL, REGULATORY OR FINANCIAL RISK TO ANY OF THEM. (III) SELECT AND APPOINT INDEPENDENT AUDITORS FOR THE CORPORATION, AND DIRECT THE PERFORMANCE OF AN ANNUAL INDEPENDENT AUDIT OF THE FINANCIAL CONDITION OF THE CORPORATION. IN ADDITION THE APPROVAL OF THE CORPORATE MEMBER SHALL BE REQUIRED TO AUTHORIZE THE FOLLOWING MATTERS: (I) THE ADOPTION, AMENDMENT, AND REPEAL OF THE AMENDED AND RESTATED ARTICLES OF INCORPORATION OF THE CORPORATION AND BYLAWS. (II) THE ADOPTION AND APPROVAL OF ANY PLAN OF DISSOLUTION OR LIQUIDATION OF THE CORPORATION, ANY PLAN OF MERGER OR CONSOLIDATION OF THE CORPORATION WITH ANOTHER CORPORATION OR OTHER ENTITY; AND/OR ANY EXCHANGE, SALE OR TRANSFER OF ANY MATERIAL PORTION OF THE ASSETS OF THE CORPORATION IN ANY TRANSACTION OR SERIES OF RELATED TRANSACTIONS. (III) THE ADOPTION, APPROVAL, AMENDMENT, RESTATEMENT OR MODIFICATION OF ANY FINANCIAL CONTROL POLICY FOR THE CORPORATION AND THE TAKING OF ANY ACTION BY OR ON BEHALF OF THE CORPORATION NOT OTHERWISE IN CONFORMANCE WITH ANY SUCH POLICY. (IV) THE AMENDMENT OR REVISION OF THE INITIAL PURPOSE AND SCOPE OF SERVICES OF THE CORPORATION, INCLUDING LOCATION, SIZE, OPERATIONS AND ACTIVITIES. (V) THE ADOPTION OF ANY AND ALL ANNUAL OPERATING AND CAPITAL BUDGETS, STRATEGIC PLANS, CAPITAL INVESTMENTS AND/OR CAPITAL ALLOCATIONS OF THE CORPORATION. (VI) THE AUTHORIZATION OR APPROVAL OF ANY LONG-TERM BORROWING OF MONEY BY THE CORPORATION, OR THE AUTHORIZATION OR APPROVAL OF ANY PREPAYMENT, IN WHOLE OR IN PART, REFINANCING, INCREASE, MODIFICATION OR EXTENSION OF ANY SUCH INDEBTEDNESS. (VII) THE GRANTING OF ANY SECURITY INTEREST IN, OR OTHERWISE PROVIDING FOR THE ENCUMBRANCE OF, ANY OF THE ASSETS OR REVENUES OF THE CORPORATION. (VIII) THE CREATION AND/OR ADDITION OF ANY DIRECT OR INDIRECT SUBSIDIARIES OR AFFILIATES OF THE CORPORATION, INCLUDING, WITHOUT LIMITATION, ANY NOT-FOR-PROFIT OR FOR-PROFIT CORPORATIONS, LIMITED LIABILITY COMPANIES, PARTNERSHIPS OR OTHER LEGAL ENTITIES. (IX) THE FILING OF A VOLUNTARY PETITION, OR ANY CONSENT TO THE INVOLUNTARY FILING OF A PETITION, BY OR ON BEHALF OF THE CORPORATION, IN BANKRUPTCY OR ANY REORGANIZATION, OR ANY APPOINTMENT OF A RECEIVER ON BEHALF OF THE CORPORATION. (X) THE SUBMISSION OF ANY APPLICATIONS, FILINGS OR MATERIAL CORRESPONDENCE TO THE ILLINOIS HEALTH FACILITIES AND SERVICES REVIEW BOARD OR ANY SUCCESSOR THERETO (THE "IHFSRB") FOR ANY PROPOSED PROJECT OR ACTIVITY OF THE CORPORATION SUBJECT TO THE JURISDICTION OF THE IHFSRB, REGARDLESS OF THE LEVEL OF CAPITAL EXPENDITURE. (XI) THE PURCHASE OR SALE BY THE CORPORATION OF ANY INTEREST IN REAL PROPERTY. Form 990, Part VI, Line 11b Review of form 990 by governing body The Form 990 was reviewed by executive management and an outside accounting firm. The Form 990 was then provided to the NS-EE Holdings' Board of Trustees for review for the ability to ask questions of management prior to filing. Form 990, Part VI, Line 12c Conflict of interest policy All officers, directors and employees are required to report potential conflicts of interest to the Compliance Officer when his/her circumstances could create a conflict of interest, or prior to their arising, so that the health system can proactively review the report to identify actual and potential Conflicts of Interest. In addition, on an annual basis, members of the Board of Directors, Corporate Officers, and other key employees will be provided with a Conflict of Interest Questionnaire, which is used for purposes of reporting potential Conflicts of Interest. Subsequent to reporting, and depending on the nature of the matter, the Compliance Officer will review the reported information and arrive at a determination regarding the matter based upon his/her knowledge of the organization and/or in consultation with other members of management. Determinations will be reviewed with the Executive Leadership Team or designee for members of management, all categories of physicians, and the Board of Directors. Determinations will be reviewed with the Board of Directors for senior management and members of the Board of Directors. If it is determined that a Conflict of Interest exists, appropriate mitigating or remedial measures may be taken through a management plan. If a management plan has yet to be developed and the individual is involved in discussion related to his/her conflict, the individual must disclose the Conflict of Interest to those involved in the conversation and must recuse him/herself from participating in the conversation and making a decision on behalf of the health system. If this conversation takes place at a Board meeting, the minutes of the meeting should reflect the fact that the Conflict of Interest has been disclosed and the individual has recused him/herself. If the issue or circumstances cannot be adequately addressed through a management plan or if the proposed or actual arrangement is inconsistent with the health system's Guiding Principles for Conflicts of Interest, the conflict will be eliminated. Disclosure of the management plan may be made to appropriate individuals or committees, which may include patients, students, a department, group, or others as necessary. Monitoring and oversight of Conflicts of Interest and management plans will be conducted by the Executive Leadership Team. In the event that an individual engages in prohibited activities or does not provide prompt or transparent Reporting in compliance with this policy or does not comply with a determination and/or management plan, a review will be performed and appropriate corrective action may be taken, including retraining, referral for further action, termination of employment, termination of the agreement with the health system, or removal from the Board of Directors. Form 990, Part VI, Line 19 Required documents available to the public CURRENTLY, THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. IF A REQUEST IS RECEIVED FOR THIS INFORMATION, IT IS FORWARDED ON TO EITHER THE LEGAL DEPARTMENT OR THE FINANCE DEPARTMENT, AND THE MATERIALS WOULD THEN BE PROVIDED TO THE REQUESTOR. AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE EMMA (ELECTRONIC MUNICIPAL MARKET ACCESS) WEBSITE AT WWW.EMMA.MSRB.ORG. Form 990, Part VIII, Line 2f Other Program Service Revenue Other Operating Revenue - Total Revenue: 2922211, Related or Exempt Function Revenue: 2922211, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances Distribution from Affiliates - 2108850; Transfer from Affiliates - 99094162; Change in MI - -126270; Distribution to From Owners - 1176000; EDWARD-ELMHURST HEALTHCARE 4201 Winfield Road Warrenville IL 60555 363513954 PARENT CORPORATION IL 501(c)(3) Type II NS-EE HOLDINGS false NAPERVILLE PSYCHIATRIC VENTURES 801 SOUTH WASHINGTON STREET NAPERVILLE IL 60540 363965251 HOSPITAL IL 501(c)(3) 3 EDWARD HEALTH VENTURES true EDWARD FOUNDATION 801 SOUTH WASHINGTON STREET NAPERVILLE IL 60540 363723705 FUNDRAISING IL 501(c)(3) 7 EDWARD-ELMHURST HEALTHCARE true EDWARD HEALTH & FITNESS CENTER 801 SOUTH WASHINGTON STREET NAPERVILLE IL 60540 363555528 HEALTH CARE IL 501(c)(3) 10 EDWARD HEALTH VENTURES true EDWARD HOSPITAL 801 SOUTH WASHINGTON STREET NAPERVILLE IL 60540 363297173 HOSPITAL IL 501(c)(3) 3 EDWARD ELMHURST HEALTHCARE true EDWARD AMBULANCE SERVICES LLC 801 SOUTH WASHINGTON STREET NAPERVILLE IL 60540 452389060 HEALTH CARE IL 501(c)(3) 10 EDWARD HOSPITAL true ELMHURST MEMORIAL HOSPITAL 155 E BRUSH HILL ROAD ELMHURST IL 60126 362167784 HOSPITAL IL 501(c)(3) 3 ELMHURST MEMORIAL HEALTHCARE true ELMHURST MEMORIAL HOSPITAL FOUNDATION 155 E BRUSH HILL ROAD ELMHURST IL 60126 363083197 FUNDRAISING IL 501(c)(3) 7 ELMHURST MEMORIAL HOSPITAL true ELMHURST MEMORIAL HEALTHCARE 155 E BRUSH HILL ROAD ELMHURST IL 60126 364037473 SUPPORTING ORG IL 501(c)(3) Type II EDWARD ELMHURST HEALTHCARE true RADIATION MEDICINE INSTITUTE 1301 CENTRAL STREET EVANSTON IL 60201 363815543 HEALTHCARE IL 501(c)(3) Type I NORTHSHORE UNIVERSITY HEALTHSYSTEM true NorthShore University HealthSystem 1301 CENTRAL STREET EVANSTON IL 60201 362167060 HEALTHCARE IL 501(c)(3) 3 NS-EE HOLDINGS true NORTHSHORE UNIVERSITY HEALTHSYSTEM FACULTY PRACTICE ASSOCIATES 1301 CENTRAL STREET EVANSTON IL 60201 363738206 HEALTHCARE IL 501(c)(3) Type I NORTHSHORE UNIVERSITY HEALTHSYSTEM true SWEDISH COVENANT HEALTH 5145 N CALIFORNIA AVENUE CHICAGO IL 60625 362179813 HOSPITAL IL 501(c)(3) 3 NORTHSHORE UNIVERSITY HEALTHSYSTEM true SWEDISH COVENANT HOSPITAL FOUNDATION 5145 N CALIFORNIA AVENUE CHICAGO IL 60625 205055155 SUPPORT OF SWEDISH COVENANT HOSPITAL IL 501(c)(3) 7 SWEDISH COVENANT HEALTH true NORTHWEST COMMUNITY HEALTHCARE 3040 SALT CREEK LAKE ARLINGTON HEIGHTS IL 60005 363125209 SUPPORT OF NORTHWEST COMMUNITY HEALTHCARE IL 501(c)(3) Type II NORTHSHORE UNIVERSITY HEALTHSYSTEM true NORTHWEST COMMUNITY HOSPITAL 3040 SALT CREEK LANE ARLIINGTON HEIGHTS IL 60005 362340313 HOSPITAL IL 501(c)(3) 3 NORTHWEST COMMUNITY HEALTHCARE true NORTHWEST COMMUNITY HOSPITAL FOUNDATION 3040 SALT CREEK LANE ARLINGTON HEIGHTS IL 60005 363125193 FUNDRAISING IL 501(c)(3) 7 NORTHWEST COMMUNITY HEALTHCARE true NS-EE HOLDINGS 1301 CENTRAL STREET EVANSTON IL 60201 874520691 HEALTHCARE SYSTEM PARENT IL 501(c)(3) Type III-FI NA false ELMHURST OUTPATIENT SURGERY CENTER LLC 1200 S YORK ROAD SUIT 1400 ELMHURST IL 60126 364150045 SURGERY CENTER IL Elmhurst Memorial Healthcare N/A INSIGHT MEDICAL IMAGING LLC 8930 WAUKEGAN RD STE 130 MORTON GROVE IL 60053 822352016 HEALTHCARE IL EDWARD HEALTH VENTURES N/A MIDWEST ENDOSCOPY LLC 1243 RICKERT DRIVE NAPERVILLE IL 60540 208292570 HEALTHCARE IL EDWARD HEALTH VENTURES N/A RESIDENTIAL HOME HEALTH ILLINOIS LLC 5440 CORPORATE DRIVE SUITE 400 TROY MI 48098 270179825 HEALTHCARE IL RHHI Holdco LLC N/A RAVINE WAY SURGERY CENTER LLC 2401 RAVINE WAY GLENVIEW IL 60025 201245279 HEALTHCARE IL NORTHSHORE UNIVERSITY HEALTHSYSTEM N/A NPC CYBERKNIFE LLC 3040 SALT CREEK LANE ARLINGTON HEIGHTS IL 60005 204462828 EQUIPMENT LEASING IL NORTHWEST COMMUNITY HEALTHCARE N/A NWC DAY SURGERY CENTER II LLC 3040 SALT CREEK LANE ARLINGTON HEIGHTS IL 60005 300798249 OUTPATIENT CARE IL NORTHWEST COMMUNITY HEALTHCARE N/A NORTHWEST ENDO CENTER LLC 3040 SALT CREEK LANE ARLINGTON HEIGHTS IL 60005 812338623 SURGICAL CARE IL NWC HEALTH SERVICES INC N/A ENVISION MEDICAL IMAGING 8930 WAUKEGAN ROAD SUITE 130 MORTON GROVE IL 60053 822067179 IMAGING SERVICES IL NWC HEALTH SERVICES INC N/A RHHI Holdco LLC 400 Northpoint Circle Suite 203 Seven Fields PA 16046 873745286 Healthcare IL NA N/A IHP ACO Suite 300 1100 W 31st Street Downers Grove IL 60515 462848987 HEALTHCARE IL Edward-Elmhurst Healthcare C Corporation false ELMHURST MEMORIAL HEALTH TECHNOLOGIES LLC 855 NORTH CHURCH COURT ELMHURST IL 60126 363229839 PRACTICE MANAGEMENT IL Elmhurst Memorial Healthcare C Corporation true EEH SPC - 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