Advocate Sherman Hospital is a 501(c)(3) organization based in Downers Grove, Illinois, registered in 1956, with $561,732,020 in FY2024 revenue. CharityIndex grades it A, and it directs about 78% of spending to programs.
Revenue (FY2024)
$561.7M
▲ 6.8% vs prior year
Health median: $840K
Expenses (FY2024)
$515.3M
Net assets
$243.0M
Employees
1,835
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Advocate Sherman Hospital: 78% to programs · $0 to raise $100 earns a B+ on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Advocate Sherman Hospital: 6 mo reserves · +8% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Advocate Sherman Hospital: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Advocate Sherman Hospital: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Serve health needs of communities through wholistic philosophy rooted in fundamental understanding of humans as created in the image of god.
Health care services provided by physicians employed by the organization. advocate sherman clinicians provide care to the community both at the hospital and in the community. advocate sherman has more than 35 years of cardiovascular excellence focusing on proactively preventing, diagnosing and treating an array of heart conditions. as an accredited chest pain center through the society of cardiovascular patient care, advocate sherman is dedicated to the care of its cardiac patients. this accreditation means that the hospital integrates the industry's best practices to provide the best possible outcomes in cardiac care. the hospital's heart failure program has achieved advanced certification in heart failure designation for best practices in caring for heart failure patients. in 2022, advocate sherman provided 2,318 cardiac catherizations and 88 inpatient cardiovascular open-heart surgeries. advocate sherman is recognized as a center of excellence in treating diseases and injuries of muscles, bones and joints and is a leader in state-of-the-art orthopedic diagnostic and treatment options. depending on the injury or illness, treatment can range from non-surgical options, such as casts, splints and physical therapy, to surgical options, from minimally invasive arthroscopy to total joint replacement. in 2023, advocate sherman performed 1,462 orthopedic surgeries (inpatient and outpatient). advocate sherman's cancer care center is accredited through the commission on cancer (coc) and the national accreditation program for breast centers (napbc). the hospital is a leader in the greater elgin area for cancer carepromoting healthy lifestyles, focusing on preventive and innovative medicine, establishing a comprehensive genetic program, securing nurse navigation, enhancing the oncology service line (inpatient, outpatient and community), as well as partnering with the american cancer society, living well and journey care. in addition, the hospital participated in a coleman grant for supportive oncology and national cancer institute/yale university grant for distress screening. the hospital is also focused on developing new education and prevention programs (including colorectal cancer outreach and screenings, and lung cancer screenings), enhancements to genetic counseling, the addition of an oncology nurse navigation resource, including an oncology financial navigator and a partnership with advocate lutheran general for research and clinical trials. advocate sherman's primary stroke center is accredited through det norske veritas healthcare, inc. (dnv healthcare). the scope of the program encompasses the adult population entering the hospital with a hemorrhagic/ischemic stroke or transient ischemic attack (tia) diagnosis. data is abstracted, submitted and reported through the stroke data registry and the centers for medicare and medicaid services. hospital clinicians also provide care to patients at several off-site locations including three immediate care centers for imaging, laboratory, physical rehabilitation and primary care services, as well as a stand-alone imaging center. advocate sherman clinicians lead prenatal/ childbirth, parenting education and diabetes education classes. the hospital also provides support groups focused on individuals struggling with health issues, such as diabetes, heart disease, cancers, ostomies and breastfeeding.
Description of advocate sherman hospital. advocate health care based in illinois and aurora health care based in wisconsin merged to become advocate aurora health in april 2018. advocate sherman is a 255-bed not-for-profit hospital located in elgin, illinois, and is one of 27 acute care hospitals in the advocate aurora health system. advocate sherman provides acute inpatient and outpatient medical care to individuals residing in the greater elgin, illinois area. founded in 1888, the hospital has expanded its services to several off-site locations, including three immediate care centers and a st
Revenue grew from $307.3M (FY2014) to $561.7M (FY2024) across 11 reported years.
Financial snapshot
Operating margin
8.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$477.7M
Total liabilities
$234.7M
Net assets
$243.0M
Salaries & benefits
$144.6M
28% of expenses
Board members
25
25 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $561,732,020▲6.8% | $515,336,247▲3.8% | $242,998,013▲23.6% | $477,700,583▲8.6% | 990 |
| 2023 | $526,065,295▲6.6% | $496,404,871▼0.7% | $196,602,241▲17.8% | $439,941,881▼14.4% | 990 |
| 2022 | $493,358,268▼0.1% | $499,817,550▲8.7% | $166,873,936▼3.8% | $513,887,857▲1.1% | 990 |
| 2021 | $493,711,689▲8.3% | $459,672,957▼18.1% | $173,401,100▲24.4% | $508,478,691▲3.3% | 990 |
| 2020 | $456,011,679▼2.1% | $561,246,902▲30.2% | $139,362,367▼43.1% | $492,165,077▼11.2% | 990 |
| 2019 | $465,854,287▼1.0% | $431,085,007▼4.3% | $245,113,844▲16.9% | $554,453,581▲6.3% | 990 |
| 2018 | $470,350,441▲6.8% | $450,600,726▲8.3% | $209,607,310▲8.9% | $521,356,283▲0.2% | 990 |
| 2017 | $440,574,763▲34.3% | $416,088,856▲34.7% | $192,516,962▲24.8% | $520,433,518▲7.2% | 990 |
| 2016 | $327,933,535▲3.7% | $308,830,428▲2.0% | $154,264,448▲4.7% | $485,376,953▼0.8% | 990 |
| 2015 | $316,377,658▲3.0% | $302,871,564▼3.3% | $147,372,543▲2.5% | $489,314,963▼2.9% | 990 |
| 2014 | $307,307,143 | $313,263,844▲13.8% | $143,824,973▲7.4% | $504,091,796▲6.9% | 990 |
| 2012 | — | $275,296,012▼5.1% | $133,935,702▼8.5% | $471,584,071▼3.5% | 990 |
| 2011 | — | $290,102,072▲3.8% | $146,354,206▼4.5% | $488,443,266▼0.1% | 990 |
| 2010 | — | $279,547,787▲15.7% | $153,180,664▼10.8% | $488,691,902▼2.2% | 990 |
| 2009 | — | $241,515,950 | $171,660,173 | $499,595,524 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Sheri De Shazo — $714,013 (0.14% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Sheri De Shazo | Director | 1 | $714,013 |
| Justin Macariola-coad | Vp & Cmo | 55 | $510,712 |
| Michael Rosenberg | Director Med Em & Clinical Decision | 55 | $371,103 |
| Susan Morby | Vp & Cno | 55 | $318,748 |
| Darren Smith | Dir Ed Icu & Nursing Ops | 55 | $229,349 |
| Shawn Armstrong | Vp Operations Hospital | 55 | $222,852 |
| Sharon Mcgregor | Former Hce | 0 | $205,919 |
| Joan Kanute | Former Hce | 0 | $203,554 |
| Brad Epstein | Director | 1 | $178,601 |
| Byron Atkinson | Former Hce | 0 | $106,863 |
| Rev Dr Nathaniel Edmond | Director, Chairperson | 55 | $5,000 |
| Craig Lamp | Director, Vice Chairperson | 55 | $3,000 |
| Janelle Dixon | Director, Assistant Secretary | 55 | $3,000 |
| Kurt Schneider | Director | 1 | $3,000 |
| Nancy Coleman | Director | 1 | $3,000 |
| Ravi Damaraju | Director | 1 | $3,000 |
| Richard Jakle | Director | 1 | $3,000 |
| Scott Richmond | Director | 1 | $3,000 |
| Sharon Jakle | Director | 1 | $3,000 |
| Sunil Joseph | Director | 1 | $3,000 |
| Contractor | Services | Paid |
|---|---|---|
| Total Renal Care Inc | Medical Services | $1,086,945 |
| Vascular and Interventional | Medical Services | $970,012 |
| Travel Nurse Across America LLC | Staffing | $873,402 |
| Cardiothoracic & Vascular Surgical Assoc | Medical Services | $599,000 |
| Perfusion Technologists of Greater Chica | Medical Services | $320,025 |
2 grants totaling $16K in FY2024. All grants made by Advocate Sherman Hospital →
| Recipient | Purpose | Amount |
|---|---|---|
| Loyola University of Chicago | Scholarship | $8,000 |
| The Board of Trustees of the University of Illinois | Scholarship | $8,000 |
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Data for Advocate Sherman Hospital (EIN 36-2167920) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.