2025-11-14T17:35:33+00:00 2024-12-31 346565596 ERNST & YOUNG US LLP 155 N WACKER DRIVE CHICAGO IL 60606 990 2024-01-01 205055155 Swedish Covenant Hospital Foundation SWED 7738788200 3040 W Salt Creek Lane Arlington Heights IL 60005 Jonathan Lind President 2025-11-15 true Jess Wagener P01622613 3128792000 2025-11-15 2024 2025-03-06 01:10:19Z X Gerald P Gallagher 3040 W Salt Creek Lane Arlington Heights IL 60005 9964223 false X endeavorhealth.org X 2006 IL Swedish Covenant Hospital Foundation follows the mission of Endeavor Health to "help everyone in our communities be their best." 12 8 0 9 0 1425100 1810537 0 0 2374708 7942407 -184267 -204834 3615541 9548110 0 16400 0 0 442066 600369 0 0 342983 255757 299210 697823 915979 2917718 8632131 64032859 70095524 1284705 1213114 62748154 68882410 See Schedule O false false 222189 16400 0 See Schedule O 222189 true true false 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 true true false false false false false false false false false false false false false false false true true false false false true 0 0 0 false false false false false true true false false false false false false X 12 8 true false false false true true true true true false false false false true true true true true false false false false IL X Christine E Erdmann 8476184606 3040 Salt Creek Lane Arlington Heights IL 60005 Dennis G Hammer Chairman 1.0 1.0 X X 0 0 0 Jonathan Lind President, Swedish Hospital 1.0 40.0 X X 0 587344 142895 Lawrence P Anderson Assistant Treasurer 1.0 1.0 X X 0 0 0 Bruce McNulty Director 1.0 40.0 X 0 632658 28595 Charles Adair Director 1.0 0 X 0 0 0 Chuck Rosenberg Director 1.0 40.0 X 0 30188 0 Denis Williams Director 1.0 40.0 X 0 736501 31438 Gregory Brown Director (until Oct) 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 System Treasurer and CFO 1.0 55.0 X 0 1854234 330386 Gerald P Gallagher System President and CEO 1.0 55.0 X 0 3559263 1632363 Jennifer Tscherney Secretary and Executive Director 40.0 0.0 X 0 216931 9160 Shivani Bautista Assistant Secretary 1.0 54.0 X 0 803024 421599 Anthony Guaccio Former Officer 0.0 0.0 X 0 1029884 43941 0 9450027 2640377 0 true true false COVENANT TRUST COMPANY 141 W JACKSON BLVD SUITE 1850A Chicago IL 60604 Investment Management Fees 177644 1 715755 81250 1013532 12481 1810537 0 0 0 0 0 1877824 1877824 0 0 6064583 6064583 0 6064583 6064583 176929 715755 404218 -227289 -227289 34350 11895 22455 22455 0 0 0 0 0 9548110 0 0 7737573 16400 16400 187922 56377 37584 93961 310431 93129 62086 155216 102016 30605 20403 51008 213615 213615 27600 8280 5520 13800 15954 4786 3191 7977 341 102 68 171 Dues & Subscriptions 10000 3000 2000 5000 31700 9510 6340 15850 915979 222189 350807 342983 1621307 1820549 30277 88273 0 0 0 0 0 0 0 0 61789403 68186702 0 0 591872 0 64032859 70095524 131457 77589 0 0 0 0 1153248 1135525 1284705 1213114 40444229 45626687 22303925 23255723 62748154 68882410 64032859 70095524 X 8632131 -545107 -1952768 X false true true false X 1510193 332453 1211738 1425100 1810537 6290021 0 0 1510193 332453 1211738 1425100 1810537 6290021 1279473 5010548 1038139 556692 1713772 1544980 1877824 6731407 0 0 0 0 0 0 0 13021428 432299 0.38479 0.7958 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 22303925 1817861 732409 1598472 23255723 21491035 1576687 536701 1300498 22303925 22029496 1256117 -656297 1138281 21491035 21780251 260954 150165 161874 22029496 20643556 1459867 768722 1091894 21780251 0.2153 0.7847 0.0 false false Federal Income Taxes Due to/from affiliates 1135525 1135525 X 0 0 0 0 0 0 0 0 0 0 0 0 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, 2024. At year-end December 31, 2024, the System has a net operating loss carryforward of $416,494, which generated deferred tax assets of $121,678. These assets are offset by a valuation allowance of $112,623. 2024 GALA 885302 709109 176193 2300 184089 13250 203806 Associates Board Sips Of Summer 7382 6646 736 773 0 892684 715755 176929 2300 184089 13250 204579 404218 -227289 0 0 34350 11895 true 1.0 34350 11895 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 true SCHOLARSHIPS IN MEDICAL FIELD 11 16400 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds Swedish Hospital Foundation provides nursing scholarships to employees of Swedish Hospital who are enrolled in an institution of higher learning. The number and amount of scholarships awarded depends on the available funds for each year. Scholarships are awarded on an annual basis to applicants that meet the eligibility criteria. Applicants must be current employees of Swedish Hospital and must also be currently enrolled in a nursing degree program, or related program and enrollment must be maintained for the year the scholarship is received. true true false false false false false Jonathan Lind President, Swedish Hospital 0 434903 0 132167 0 20274 0 117281 0 25614 0 730239 0 126877 Bruce McNulty Director 0 457107 0 168609 0 6942 0 0 0 28595 0 661253 0 73105 Denis Williams Director 0 692491 0 40614 0 3396 0 20700 0 10738 0 767939 0 0 Anthony Guaccio Former Officer 0 25787 0 206616 0 797481 0 43228 0 713 0 1073825 0 197042 Shivani Bautista Assistant Secretary 0 571083 0 230380 0 1561 0 388155 0 33444 0 1224623 0 0 Gerald P Gallagher System President and CEO 0 2140745 0 1368001 0 50517 0 1594714 0 37649 0 5191626 0 823637 Jennifer Tscherney Secretary and Executive Director 0 184568 0 31985 0 378 0 0 0 9160 0 226091 0 0 Douglas D Welday System Treasurer and CFO 0 976106 0 398335 0 479793 0 303146 0 27240 0 2184620 0 367572 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 4a Severance or change-of-control payment The following individual received a severance payment based upon mutually agreed-upon separation agreement entered into with the organization: Anthony Guaccio - $710,673 Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan An Endeavor Health Defined Contribution Supplemental Executive Retirement Plan (DC SERP) was created and effective in 2024. A participant generally becomes vested in their deferred compensation for a year on the last day of the fifth calendar year after the year of the deferred compensation. A participant may become vested in their deferred compensation under the DC SERP upon death, disability, or attainment of age 62. A participant who has attained age 62 receives a payment of their DC SERP benefit each year after attaining age 62. Participants who voluntarily resign or are terminated with cause forfeit any amounts that are not vested. The following individuals participated in the supplemental nonqualified retirement plan and accrued the following benefits during 2024: Shivani Bautista - $248,338 Jonathan Lind - $96,581 Gerald P. Gallagher - $757,674 The following individual received a payment from the supplemental nonqualified retirement plan during 2024: Douglas D. Welday - $465,005 The Legacy SERP for Swedish Executives was created effective January 1, 2020. Benefits under the SERP generally vest on the first day of the month following the completion of four years after the year of the contribution. However, participant will automatically vest in his or her account balance in the event of involuntary separation from service not for cause, separation for good reasons or his or her attainment of age 62 while still employed by Endeavor Health. Participants who voluntarily resign or are terminated with cause forfeit any amounts that are not vested. The following individual received a payment from the supplemental nonqualified retirement plan during 2024: Anthony Guaccio - $179,397 ($175,732 was reported as taxable compensation during a prior year) 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. With the support of our donors, Swedish Hospital provides compassionate and comprehensive care to thousands of patients across our community. Charitable gifts make a positive impact on our patients through the Hospital's programs and initiatives. Over the course of 2024, the following has been accomplished: - 260 survivors of domestic violence, 82 survivors of sexual assault and 14 survivors of human trafficking have been identified and assisted through the Pathways Program. 1,017 medical providers, staff and community members have been trained to respond to those experiencing violence. - More than 1,400 women received free breast cancer screenings and diagnostics through the Community Breast Health Program. - Over 450 mental health counseling sessions were provided to low-income women through the Women's Care Fund. - More than 100 uninsured patients received emergency prescription medications through the Helping Hands Fund. - More than 300 patients served through the Food Connections program. - 630 patients in need received food packages at discharge. - 42,453 lbs. of food was distributed to patients and community 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 - -1952768; Total - -1952768; 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 2305 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 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 Endeavor Health Physician Partners LLC C Corporation true NorthShore University HealthSystem Insurance International Governors Square Building 4 Grand Cayman CJ 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 - Segregated Portfolio A Governors Square Building 4 Floor 2 Grand Cayman CJ 981238485 Insurance CJ Edward-Elmhurst Healthcare C Corporation true EEH SPC - Segregated Portfolio B Governors Square Building 4 Floor 2 Grand Cayman CJ 981185160 Insurance CJ Edward-Elmhurst Healthcare C Corporation true EEH SPC - Segregated Portfolio D Governors Square Building 4 Floor 2 Grand Cayman CJ Insurance CJ Edward-Elmhurst Healthcare C Corporation true DuPage Medical Group Portfolio Insurance Company PO Box 1051 Grand Cayman CJ KY1102 Insurance CJ Edward-Elmhurst Healthcare C Corporation true Elmhurst Memorial Health Technologies LLC 855 North Church Court Elmhurst IL 60126 363229839 Practice Management IL Elmhurst Memorial Healthcare C Corporation true false false false false false false false false false false false false false false false false false true false