2024-11-14T17:17:53+00:00 2023-12-31 346565596 ERNST & YOUNG US LLP 155 N WACKER DRIVE CHICAGO IL 60606 990 2023-01-01 205055155 Swedish Covenant Hospital Foundation SWED 7738788200 5145 N California Avenue Chicago IL 60625 Jonathan Lind President 2024-11-14 true Jess Wagener P01622613 3128792000 2024-11-14 2023 2024-10-15 13:58:12Z Gerald P Gallagher 5145 N California Avenue Chicago IL 60625 3985908 false X swedishhospitalfoundation.org X 2006 IL Swedish Covenant Hospital Foundation follows the mission of Endeavor Health to "help everyone in our communities be their best." 13 9 0 10 0 0 1211738 1425100 0 0 1884672 2374708 -149757 -184267 2946653 3615541 0 0 0 0 466860 442066 0 0 245315 251404 255757 718264 697823 2228389 2917718 58718482 64032859 2882367 1284705 55836115 62748154 See Schedule O false false 147188 0 0 See Schedule O 147188 true true false false false false false false true false false false false true true false true false false false false false false true true false false false true false false false false false false false false false false false false false true true false false false true 11 0 true 0 false false false false false true true false false false false false false X 13 9 true false false false true true true true true false false false true true true true true false false false IL X Christine E Erdmann 8476184606 3040 Salt Creek Lane Arlington Heights IL 60005 Anthony Guaccio President (until 8/30/23), CEO (until 12/31/23) 1.0 40.0 X X 0 1264566 106239 Dennis G Hammer Chairman 1.0 1.0 X X 0 0 0 Jonathan Lind President of SCH 1.0 40.0 X X 0 673960 49114 Lawrence P Anderson Assistant Treasurer 1.0 1.0 X X 0 0 0 Patricia King Secretary (until May 2023) 1.0 0 X X 0 0 0 Bruce McNulty Director 1.0 40.0 X 0 821037 55315 Bruce Silver Director (until Jan 2023) 1.0 7.5 X 0 178497 8032 Charles Adair Director 1.0 0 X 0 0 0 Chuck Rosenberg Director 1.0 12.0 X 0 30389 1368 Denis Williams Director 1.0 40.0 X 0 745417 26993 Gregory Brown Director 1.0 0 X 0 0 0 Julianne Sawyier-Migley Director 1.0 0 X 0 0 0 Kurt D Anderson Director 1.0 1.0 X 0 0 0 Laura Zung Director 1.0 0 X 0 0 0 Lauren Rubinson-Morris Director 1.0 0 X 0 0 0 Suzanne McCormick Director 1.0 0 X 0 0 0 Douglas D Welday Chief Financial Officer and Treasurer 1.0 54.0 X 0 1750748 284165 Gerald P Gallagher System President and CEO 1.0 55.0 X 0 4100532 2182996 Jennifer Tscherney Asst Secretary/Treasurer and Executive Director 40.0 0.0 X 0 263006 23311 Nicola Byrne Treasurer (left during 2023) 1.0 40.0 X 0 230014 13910 0 10058167 2751443 0 false true false NAVY PIER-EAST END EVENTS 600 EAST GRAND AVENUE Chicago IL 60611 Event Management 242274 COVENANT TRUST COMPANY 141 W JACKSON BLVD SUITE 1850A Chicago IL 60604 Investment Management Fees 171304 2 712196 712904 17630 1425100 0 0 0 0 0 1544980 1544980 0 0 829728 829728 0 829728 829728 167500 712196 368372 -200872 -200872 18600 1995 16605 16605 0 0 0 0 0 3615541 0 0 2190441 400430 120129 80086 200215 39532 11860 7906 19766 2104 631 421 1052 207194 207194 26901 8070 5380 13451 1813 544 363 906 2971 891 594 1486 Dues & Subscriptions 1290 387 258 645 Food 1058 317 212 529 14530 4359 2906 7265 697823 147188 305320 245315 1066622 1621307 0 30277 0 0 0 0 0 0 0 0 55114940 61789403 0 0 2536920 591872 58718482 64032859 50400 131457 2831967 0 0 0 0 1153248 2882367 1284705 33384398 40444229 22451717 22303925 55836115 62748154 58718482 64032859 X 2917718 5799755 -1805434 X false true X true false X 21338329 1510193 332453 1211738 1425100 25817813 0 0 21338329 1510193 332453 1211738 1425100 25817813 332470 25485343 1351446 1038139 556692 1713772 1544980 6205029 0 0 0 0 0 0 0 32022842 307810 0.7958 0.8107 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 21491035 1576687 536701 1300498 22303925 22029496 1256117 -656297 1138281 21491035 21780251 260954 150165 161874 22029496 20643556 1459867 768722 1091894 21780251 20661740 1354219 192855 1565258 20643556 0.1908 0.8092 0.0 false false Due to affiliates 1153248 1153248 X Schedule D, Part V, Line 4 Intended uses of endowment funds Earnings are to be used to provide support for Swedish Covenant Health. 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 received by 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, 2023. At year-end December 31, 2023, the System has a net operating loss carryforward of $371,890, which generated deferred tax assets of $107,621. These assets are offset by a valuation allowance of $101,354. 2023 GALA 879696 712196 167500 5000 166299 7290 189783 0 0 879696 712196 167500 5000 166299 7290 189783 368372 -200872 18600 1995 true 1.0 18600 1995 IL true false false false 0.0 1.0 Jennifer Tscherney 5145 N CALIFORNIA AVENUE Chicago IL 60625 false Jennifer Tscherney 0 Oversees Swedish Foundation including raffles X false 0 false true false false false false false Anthony Guaccio President (until 8/30/23), CEO (until 12/31/23) 0 564098 0 462994 0 237475 0 76394 0 29845 0 1370805 0 0 Jonathan Lind President of SCH 0 377813 0 282205 0 13941 0 14850 0 34264 0 723074 0 0 Bruce Silver Director (until Jan 2023) 0 178497 0 0 0 0 0 8032 0 0 0 186529 0 0 Bruce McNulty Director 0 436611 0 354476 0 29950 0 14850 0 40465 0 876352 0 0 Denis Williams Director 0 741533 0 0 0 3884 0 14850 0 12143 0 772410 0 0 Gerald P Gallagher System President and CEO 0 1988061 0 2102878 0 9594 0 2145878 0 37118 0 6283529 0 0 Douglas D Welday Chief Financial Officer and Treasurer 0 861244 0 869308 0 20196 0 257414 0 26751 0 2034913 0 0 Nicola Byrne Treasurer (left during 2023) 0 158737 0 46800 0 24478 0 10351 0 3559 0 243924 0 0 Jennifer Tscherney Asst Secretary/Treasurer and Executive Director 0 197123 0 64024 0 1859 0 11835 0 11476 0 286317 0 0 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 Endeavor Health 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 Endeavor Health Compensation Committee, in session with legal counsel present, in advance of implementation. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan The following individuals participated in a supplemental nonqualified retirement plan and below are the increases to the plan balances during 2023: Anthony Guaccio - $34,421 Gerald P Gallagher - $1,707,569 Douglas D Welday - $77,789 The following individual received a payment from a supplemental nonqualified retirement plan: Anthony Guaccio - $213,960 Form 990, Part III, Line 1 Mission Statement Swedish Covenant Hospital Foundation follows the mission of Endeavor Health. The mission of Endeavor Health 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. Swedish Hospital Foundation raises funds to advance the mission and strategic goals of Swedish Hospital, a non-profit, teaching hospital. We cultivate philanthropic partnerships to enhance the health and well-being of our culturally diverse community. Form 990, Part III, Line 4a Program Service Description Swedish Hospital Foundation raises funds to advance the mission and strategic goals of Swedish Hospital, a non-profit, teaching hospital. We cultivate philanthropic partnerships to enhance the health and well-being of our culturally diverse community. Over the course of 2023, the following has been accomplished: - 141 survivors of domestic violence, 71 survivors of sexual assault and 7 survivors of human trafficking have been identified and assisted through the Pathways Program. 810 medical providers, staff and community members have been trained to respond to those experiencing violence. - More than 1,300 women received free breast cancer screenings and diagnostics through the Community Breast Health Program. - 23 low-income women received long-term mental health counseling through the Women's Care Fund. - More than 100 uninsured emergency room patients received critical prescription medications through the Helping Hands Fund. - More than 100 low-income/uninsured patients received no-cost emergency dental care through the Swedish Dental Clinic. - More than 250 patients were screened for food insecurity. 477 patients referred to community organizations for food access. Distributed more than 300 pounds of food through the Cupboard (food pantry). - 9 scholarships were provided to Swedish nurses through the Nursing Education Fund. Form 990, Part VI, Line 15 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 Endeavor Health 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 Endeavor Health Compensation Committee, in session with legal counsel present, in advance of implementation. Form 990, Part VI, Line 2 Family/business relationships amongst interested persons Kurt D. Anderson and Lawrence P. Anderson - Family relationship Form 990, Part VI, Line 6 Classes of members or stockholders The sole member is Swedish Covenant Health. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body The member elects the Board of Directors. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders The Bylaws grant reserved powers to the member, such as approval of amendments to the Bylaws of the corporation, and the power to elect or remove the members of the Board of Directors of the Corporation. 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 Endeavor Health's 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 The Swedish Covenant Hospital Foundation (Foundation) governing documents, conflict of interest policy, and financial statements are available to the public upon request. The Foundation financial statements are also available to the public through the Illinois Attorney General's Office website as part of the state filing. Form 990, Part XI, Line 9 Other changes in net assets or fund balances Net asset transfer to Swedish Covenant Health - -1805434; Swedish Covenant Health 5145 N California Avenue Chicago IL 60625 362179813 Healthcare IL 501(c)(3) 3 Endeavor Health Clinical Operations false Endeavor Health Clinical Operations 3040 W Salt Creek Lane Arlington Heights IL 60005 362167060 Healthcare IL 501(c)(3) 3 Endeavor Health false Radiation Medicine Institute 3040 W Salt Creek Lane Arlington Heights IL 60005 363815543 Healthcare IL 501(c)(3) 10 Endeavor Health Clinical Operations true Endeavor Health Medical Group 3040 W Salt Creek Lane Arlington Heights IL 60005 363738206 Healthcare IL 501(c)(3) 10 Endeavor Health Clinical Operations true Northwest Community Healthcare 3040 Salt Creek Lane Arlington Heights IL 60005 363125209 Support of Northwest Community Hospital IL 501(c)(3) Type II Endeavor Health Clinical Operations true Northwest Community Hospital 3040 Salt Creek Lane Arlington 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 Endeavor Health 3040 W Salt Creek Lane Arlington Heights IL 60005 874520691 Healthcare System Parent IL 501(c)(3) Type III-FI NA false Naperville Psychiatric Ventures 801 South Washington Street Naperville IL 60540 363965251 Hospital IL 501(c)(3) 3 Edward Health Ventures true Edward-Elmhurst Healthcare 801 South Washington Street Naperville IL 60540 363513954 Healthcare IL 501(c)(3) Type II Endeavor Health true Edward Hospital 801 South Washington Street Naperville IL 60540 363297173 Hospital IL 501(c)(3) 3 Edward-Elmhurst Healthcare true Edward Foundation 801 South Washington Street Naperville IL 60540 363723705 Fundraising IL 501(c)(3) 7 Edward-Elmhurst Healthcare true Edward Health Ventures 801 South Washington Street Naperville IL 60540 581672987 Supporting Org IL 501(c)(3) Type II Edward-Elmhurst Healthcare true Edward Health and Fitness Center 801 South Washington Street Naperville IL 60540 363555528 Healthcare IL 501(c)(3) 10 Edward Health Ventures true Edward Ambulance Services LLC 801 South Washington Street Naperville IL 60540 452389060 Healthcare IL 501(c)(3) 10 Edward Hospital true Elmhurst Memorial Healthcare 155 East Brush Hill Road Elmhurst IL 60126 364037473 Supporting Org IL 501(c)(3) Type II Edward-Elmhurst Healthcare true Elmhurst Memorial Hospital 155 East Brush Hill Road Elmhurst IL 60126 362167784 Hospital IL 501(c)(3) 3 Elmhurst Memorial Healthcare true Elmhurst Memorial Hospital Foundation 155 East Brush Hill Road Elmhurst IL 60126 363083197 Fundraising IL 501(c)(3) 7 Elmhurst Memorial Hospital true Ravine Way Surgery Center LLC 2401 Ravine Way Glenview IL 60025 201245279 Healthcare IL Endeavor Health Clinical Operations 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 LLC 8930 Waukegan Road Suite 130 Morton Grove IL 60053 822067179 Imaging Services IL NWC Health Services Inc N/A Elmhurst Outpatient Surgery Center LLC 1200 South York Road Suite 1400 Elmhurst IL 60126 364150045 Surgery Center IL Elmhurst Memorial Healthcare N/A Insight Medical Imaging LLC 8930 Waukegan Road Suite 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 RHHI Holdco LLC 400 Northpoint Circle Suite 203 Seven Fields PA 16046 873745286 Healthcare IL NA N/A Residential Home Health Illinois LLC 5440 Corporate Drive Suite 400 Troy MI 48098 270179825 Healthcare IL NA N/A Swedish Covenant Management Services Inc 5145 N California Avenue Chicago IL 60625 364073303 Physician Practice Management IL Swedish Covenant Health C Corporation true Swedish Covenant Physician Partners Ltd 5145 N California Avenue Chicago IL 60625 363120220 Managed Healthcare Provider IL Swedish Covenant Health C Corporation true NorthShore Legacy NPA Inc 3040 W Salt Creek Lane Arlington Heights IL 60005 363648026 Healthcare IL Endeavor Health Medical Group C Corporation true NorthShore Physician Associates Value Based Care LLC 3040 W Salt Creek Lane Arlington Heights IL 60005 822268872 Healthcare IL NorthShore Legacy NPA Inc C Corporation true NorthShore University HealthSystem Insurance International 980419452 Insurance CJ Endeavor Health Clinical Operations C Corporation true Northwest Community Health Services Inc 800 West Central Road Arlington Heights IL 60005 363312906 Healthcare IL Northwest Community Healthcare C Corporation true EEH SPC - 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