Holy Cross Hospital is a 501(c)(3) organization based in Chicago, Illinois, registered in 1946, with $116,600,905 in FY2023 revenue. CharityIndex grades it B+, and it directs about 83% of spending to programs.
Revenue (FY2023)
$116.6M
▲ 0.9% vs prior year
Health median: $840K
Expenses (FY2023)
$130.7M
Net assets
$23.8M
Employees
702
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Holy Cross Hospital: 83% to programs · $0 to raise $100 earns a A 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 Holy Cross Hospital: 2 mo reserves · -12% margin earns a C+ 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 Holy Cross Hospital: 6 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 Holy Cross Hospital: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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As a member of sinai health system, holy cross hospital's mission is to improve the health of the individuals and communities it serves by providing emergency, medical, surgical, and primary care services. the vision is to be a national model for the delivery of urban healthcare. the religious sponsors of holy cross hospital are the sisters of st casmir and the ethical and religious directives for catholic health care services are followed.
Revenue declined from $132.9M (FY2013) to $116.6M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
-12.1%
Spent more than it raised in the latest fiscal year.
Total assets
$89.9M
Total liabilities
$66.1M
Net assets
$23.8M
Salaries & benefits
$55.4M
42% of expenses
Board members
25
24 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $116,600,905▲0.9% | $130,705,494▼3.9% | $23,834,569▼37.1% | $89,946,003▼1.7% | 990 |
| 2022 | $115,520,301▲2.5% | $136,023,172▲9.1% | $37,876,310▼35.1% | $91,499,871▼23.7% | 990 |
| 2021 | $112,719,757▼0.9% | $124,716,260▲10.5% | $58,342,828▼17.9% | $119,985,631▼15.7% | 990 |
| 2020 | $113,770,792▼3.3% | $112,858,650▼16.6% | $71,055,613▲1.7% | $142,348,563▼6.7% | 990 |
| 2019 | $117,603,359▲2.6% | $135,314,075▼2.5% | $69,853,692▼19.9% | $152,625,985▲5.0% | 990 |
| 2018 | $114,667,325▼9.3% | $138,740,465▲10.6% | $87,221,895▼21.7% | $145,388,755▼9.2% | 990 |
| 2017 | $126,476,457▼4.6% | $125,434,727▼10.4% | $111,378,344▼1.3% | $160,086,159▲1.2% | 990 |
| 2016 | $132,555,236▲8.2% | $139,925,016▲8.4% | $112,821,583▼5.2% | $158,158,339▲0.5% | 990 |
| 2015 | $122,532,983▲5.1% | $129,108,000▲8.7% | $119,030,611▼5.4% | $157,417,259▼5.6% | 990 |
| 2014 | $116,554,971▼12.3% | $118,760,524▼4.4% | $125,878,897▼1.8% | $166,667,983▼1.7% | 990 |
| 2013 | $132,913,777 | $124,221,469▲5.0% | $128,167,190▲10.0% | $169,594,383▲12.6% | 990 |
| 2012 | — | $118,275,658▲4.7% | $116,555,195▲461% | $150,672,222▲91.5% | 990 |
| 2011 | — | $113,008,235▼1.9% | $20,760,605▼38.8% | $78,674,121▲11.6% | 990 |
| 2010 | — | $115,222,856▲3.7% | $33,921,633▲83.3% | $70,478,447▼13.4% | 990 |
| 2009 | — | $111,109,317 | $18,502,261 | $81,348,173 | 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: Anselma Quirante — $191,634 (0.15% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Anselma Quirante | Hch Staff Nurse | 40 | $191,634 |
| Lorna Esteban | Staff Nurse Rn | 40 | $187,482 |
| Elmer Escalon | Team Ldr Rn | 40 | $173,305 |
| Sonia Vazquez | Director Telemetry | 40 | $172,487 |
| Abraham Morgan | Director | 2 | — |
| Alejandra Garza | Director & Vice Chair - Thru 08/24 | 2 | — |
| Anne Donnelly | Director | 2 | — |
| Avery Hart Md | Director | 2 | — |
| Bartlett Johnson | Director | 2 | — |
| Bret Maxwell | Director | 2 | — |
| Brian Dolan | Director & Chairman | 2 | — |
| David Capone | Cfo, Interim - 01/2023 Thru 04/2023 | 0 | — |
| David Smith | Director | 2 | — |
| Dimas Ortega | Cfo, Interim - 04/2023 Thru 1/2024 | 6 | — |
| Elizabeth Connolly | General Counsel | 6 | — |
| Emily Doskow | Director | 2 | — |
| Fr William Grogan | Director | 2 | — |
| Gary Krugel | Cfo - Thru Apr. 2023 | 0 | — |
| Iliana Andrea Mora | Chief Operating Officer - Beg 6/2023 | 6 | — |
| Jason Spigner | Chief Human Resources Officer | 6 | — |
| Contractor | Services | Paid |
|---|---|---|
| Sodexo Inc | Food Services | $4,413,167 |
| Professional Clinical Laboratories | Lab Services | $3,799,581 |
| Cep America | Staffing Services | $3,031,495 |
| Allied Universal Security Services | Security Services | $2,423,519 |
| Owens & Minor | Medical Services | $1,357,653 |
2 grants to Holy Cross Hospital totaling $45K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Cancer Society Inc | Patient support | 2022 | $37,500 |
| American Cancer Society Inc | Patient support | 2021 | $7,500 |
Explore more
Data for Holy Cross Hospital (EIN 36-2170133) 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.