Edward Hospital
91% goes to programs $0 to raise $100 Strong reserves Growing revenue
Edward Hospital is a 501(c)(3) organization based in Arlington Hts, Illinois, registered in 1984, with $908,340,314 in FY2024 revenue. CharityIndex grades it A, and it directs about 91% of spending to programs.
3040 W Salt Creek Ln, Arlington Hts, IL, 60005 EIN 36-3297173 Since 1984
Revenue (FY2024)
$908.3M
▲ 7.9% vs prior year
Health median: $840K
Expenses (FY2024)
$711.4M
Net assets
$577.1M
Employees
4,202
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating91% to programs · $0 to raise $100
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 Edward Hospital: 91% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating10 mo reserves · +22% margin
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 Edward Hospital: 10 mo reserves · +22% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
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 Edward Hospital: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
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 Edward Hospital: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Edward hospital follows the mission of endeavor health to "help everyone in our communities be their best."
Contact & location
- Address
- 3040 W Salt Creek Ln, Arlington Hts, IL, 60005
- City
- Arlington Hts
- State
- Illinois
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $615.7M (FY2013) to $908.3M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $127.5MNet assets $577.1M
Operating margin
21.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$704.6M
Total liabilities
$127.5M
Net assets
$577.1M
Salaries & benefits
$298.6M
42% of expenses
Board members
15
10 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $908,340,314▲7.9% | $711,399,981▲13.1% | $577,115,433▲50.0% | $704,568,758▲43.1% | 990 |
| 2023 | $841,972,514▲7.3% | $628,859,678▼8.5% | $384,814,215▲11.0% | $492,345,353▲8.3% | 990 |
| 2022 | $784,822,019▲104% | $687,515,895▲99.5% | $346,795,270▲15.5% | $454,574,179▼3.8% | 990 |
| 2021 | $384,445,639▼49.5% | $344,667,593▼46.4% | $300,239,421▲23.4% | $472,302,841▲0.1% | 990 |
| 2020 | $761,222,693▲14.3% | $642,721,760▼0.3% | $243,222,950▲15.1% | $472,054,647▼2.0% | 990 |
| 2019 | $665,834,109▼3.8% | $644,597,453▲1.2% | $211,309,070▼35.4% | $481,805,669▼9.7% | 990 |
| 2018 | $692,139,231▼0.9% | $636,770,657▼1.2% | $327,332,611▼5.4% | $533,458,888▼0.1% | 990 |
| 2017 | $698,186,271▲7.7% | $644,314,926▲2.4% | $346,016,812▼50.0% | $533,814,206▼47.6% | 990 |
| 2016 | $648,271,753▲3.8% | $629,357,647▲8.2% | $691,658,234▲48.9% | $1,017,771,167▲6.7% | 990 |
| 2015 | $624,354,790▲2.6% | $581,409,220▲5.2% | $464,600,472▲1.2% | $953,901,192▲2.1% | 990 |
| 2014 | $608,812,128▼1.1% | $552,593,467▲8.4% | $459,132,011▲7.5% | $934,309,778▲1.4% | 990 |
| 2013 | $615,674,007 | $509,648,383▲9.6% | $426,941,960▲22.2% | $921,337,197▲12.3% | 990 |
| 2012 | — | $464,837,335▼7.1% | $349,376,990▲28.0% | $820,360,576▲10.4% | 990 |
| 2011 | — | $500,130,043▲8.1% | $272,951,757▲3.5% | $743,368,141▲7.3% | 990 |
| 2010 | — | $462,492,147▲1.2% | $263,609,250▲34.0% | $692,898,835▲10.8% | 990 |
| 2009 | — | $456,999,162 | $196,753,924 | $625,159,365 | 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.
Leadership & compensation (FY2024)
Highest-paid: Joseph Dant — $1,077,265 (0.15% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Joseph Dant | President, South Region/trustee | 40 | $1,077,265 |
| Michael Hartmann | Physician | 40 | $908,428 |
| Guy Miller | Physician | 40 | $885,471 |
| Scott Padalik | Physician | 40 | $796,628 |
| Saroosh Ahmed | Physician | 40 | $772,354 |
| Benjamin Garcia | Physician | 40 | $765,781 |
| Robert Payton | Cmo, Edward Hospital | 40 | $677,092 |
| Patricia Fairbanks | Cno, Edward Hospital | 40 | $419,171 |
| Phillip C Williams | Former Key Employee | 40 | $405,127 |
| Catherine Smith | Former Key Employee | 40 | $365,466 |
| Michael O'shea | Former Key Employee | 40 | $318,716 |
| Ryan Garland | Former Key Employee | 40 | $276,324 |
| Kevin Rehder | Former Key Employee | 40 | $241,039 |
| Bradley Hlavacek | Former Key Employee | 40 | $221,239 |
| Adam Schriedel | Trustee (until 6/30/24) | 1 | — |
| Brad Cutler | Trustee | 1 | — |
| Chris J Mollet | Former Officer | 0 | — |
| Daniel Sullivan | Former Key Employee | 0 | — |
| David Morrissey | Trustee (until 6/30/24) | 1 | — |
| Denise Chamberlain | Former Officer | 0 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Midwest Cardiovascular Institute | Physician Services | $6,763,394 |
| Dupage Valley Anesthesiologist | Physician Services | $5,658,567 |
| Advance Mechanical Systems Inc | Mechanical Contractor | $2,657,860 |
| Favorite Healthcare Staffing | Physician Services | $2,657,239 |
| Dupage Medical Group Ltd | Physician Services | $2,321,038 |
Grants received · $16K total
2 grants to Edward Hospital totaling $16K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Donor Advised Charitable Giving | Health | 2022 | $11,000 |
| American Endowment Foundation | Programs | 2020 | $5,000 |
Grants made · $1.0M in FY2024
4 grants totaling $1.0M in FY2024. All grants made by Edward Hospital →
| Recipient | Purpose | Amount |
|---|---|---|
| Riverwalk Bicentennial Fund | General support | $700,000 |
| Dupage Health Coalition | General support | $238,900 |
| Young Mens Christian Association Joliet | General support | $50,000 |
| Mchc-chicago Hospital Council | General support | $35,740 |
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Compare Edward Hospital
Frequently asked questions
- Is Edward Hospital a legitimate nonprofit?
- Yes. Edward Hospital is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 36-3297173, based in Arlington Hts, Illinois. Donations are tax-deductible.
- What is Edward Hospital's EIN?
- Edward Hospital's Employer Identification Number (EIN) is 36-3297173.
- How much revenue does Edward Hospital report?
- Edward Hospital reported $908,340,314 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Edward Hospital's spending goes to programs?
- Edward Hospital spends about 91% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Edward Hospital have?
- CharityIndex grades Edward Hospital A, based on program efficiency and fundraising cost.
- How much does Edward Hospital's highest-paid employee make?
- The highest reported compensation on Edward Hospital's latest Form 990 is $1,077,265, paid to Joseph Dant (President, South Region/trustee).
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Data for Edward Hospital (EIN 36-3297173) 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.