Loretto Hospital
80% goes to programs $0 to raise $100 Thin reserves Declining revenue
Loretto Hospital is a 501(c)(3) organization based in Chicago, Illinois, registered in 1992, with $74,932,268 in FY2023 revenue. CharityIndex grades it B+, and it directs about 80% of spending to programs.
645 S Central Ave, Chicago, IL, 60644 EIN 36-2200248 Since 1992
Revenue (FY2023)
$74.9M
▼ 10.5% vs prior year
Health median: $840K
Expenses (FY2023)
$77.5M
Net assets
$4.7M
Employees
636
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
B+Program efficiency40% of the rating80% 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 Loretto Hospital: 80% to programs · $0 to raise $100 earns a B+ on this criterion. See the exact thresholds →
C+Financial health25% of the rating1 mo reserves · -3% 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 Loretto Hospital: 1 mo reserves · -3% margin earns a C+ 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 Loretto 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 Loretto Hospital: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Loretto hospital is a community based organization focused to provide quality patient centered care and promote wellness and education.
Contact & location
- Address
- 645 S Central Ave, Chicago, IL, 60644
- City
- Chicago
- State
- Illinois
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $64.9M (FY2013) to $74.9M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $29.3MNet assets $4.7M
Operating margin
-3.4%
Spent more than it raised in the latest fiscal year.
Total assets
$33.9M
Total liabilities
$29.3M
Net assets
$4.7M
Salaries & benefits
$37.4M
48% of expenses
Board members
7
6 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $74,932,268▼10.5% | $77,458,660▼1.1% | $4,664,451▼68.0% | $33,937,598▼4.3% | 990 |
| 2022 | $83,729,204▲12.6% | $78,317,138▲5.7% | $14,564,388▲55.7% | $35,478,438▲11.1% | 990 |
| 2021 | $74,344,213▼15.9% | $74,065,186▼15.2% | $9,351,850▲3.1% | $31,938,163▼1.9% | 990 |
| 2020 | $88,416,844▲25.3% | $87,316,457▲15.0% | $9,072,823▼21.6% | $32,559,170▼18.7% | 990 |
| 2019 | $70,570,000▲2.7% | $75,946,487▼6.2% | $11,572,436▼27.5% | $40,069,690▲16.5% | 990 |
| 2018 | $68,722,360▲4.8% | $81,003,029▲14.0% | $15,956,083▼41.3% | $34,384,134▼17.6% | 990 |
| 2017 | $65,597,049▲2.3% | $71,058,346▲1.4% | $27,170,206▼18.9% | $41,741,749▼13.0% | 990 |
| 2016 | $64,102,920▼4.6% | $70,086,796▲6.2% | $33,512,441▼13.1% | $47,968,786▼6.2% | 990 |
| 2015 | $67,196,074▲2.0% | $65,973,351▲9.7% | $38,562,627▼3.0% | $51,154,834▼0.2% | 990 |
| 2014 | $65,887,882▲1.5% | $60,149,795▼1.5% | $39,739,950▲21.6% | $51,273,872▲17.1% | 990 |
| 2013 | $64,910,670 | $61,072,434▼12.2% | $32,680,002▼4.5% | $43,791,186▼15.7% | 990 |
| 2011 | — | $69,568,447▲4.5% | $34,222,765▲1.4% | $51,932,209▲2.8% | 990 |
| 2010 | — | $66,587,635▼30.1% | $33,738,990▲7.5% | $50,512,046▲8.8% | 990 |
| 2009 | — | $95,245,349 | $31,377,707 | $46,441,719 | 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 (FY2023)
Highest-paid: Tesa Anewishki — $529,602 (0.68% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Tesa Anewishki | Ceo | 40 | $529,602 |
| John Morales | Cfo (end 05/ | 40 | $300,000 |
| Ruby Smith | Chief Comp. | 40 | $284,181 |
| James Renneker | Cno | 40 | $253,708 |
| Jessie Orpiano | Registered N | 40 | $221,117 |
| Irene Pagal | Registered N | 40 | $211,723 |
| Tanesha Daniels | Chief Exp. O | 40 | $193,575 |
| Carlos Zambrano | Board Member | 1 | — |
| James Montgomery | Director | 1 | — |
| John Harrell | Director | 1 | — |
| Kenneth Mcghee | Cfo (beg. 05 | 40 | — |
| Kimberly Lightford | Vice Chair | 1 | — |
| Michelle Collins | Secretary/tr | 1 | — |
| Vince Williams | Board Chair | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Ems Dr Lidipo | Er Physician | $2,355,000 |
| Direct Shifts | Medical | $1,653,278 |
| Avant Healthcare Professional | Medical | $1,616,373 |
| Cimpar Sc | Behav. Health | $1,041,665 |
| Metropolitan Behavioral Associates | Behav. Health | $980,000 |
Grants received · $250K total
4 grants to Loretto Hospital totaling $250K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| United Way of Metropolitan Chicago Inc | Program support | 2019 | $50,000 |
| Jewish Federation of Metropolitan Chicago | Grants from donor advised funds - operating support | 2019 | $12,600 |
| New Venture Fund | Health | 2017 | $112,500 |
| New Venture Fund | Women's breast cancer follow-up initiative | 2016 | $75,000 |
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Frequently asked questions
- Is Loretto Hospital a legitimate nonprofit?
- Yes. Loretto Hospital is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 36-2200248, based in Chicago, Illinois. Donations are tax-deductible.
- What is Loretto Hospital's EIN?
- Loretto Hospital's Employer Identification Number (EIN) is 36-2200248.
- How much revenue does Loretto Hospital report?
- Loretto Hospital reported $74,932,268 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Loretto Hospital's spending goes to programs?
- Loretto Hospital spends about 80% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Loretto Hospital have?
- CharityIndex grades Loretto Hospital B+, based on program efficiency and fundraising cost.
- How much does Loretto Hospital's highest-paid employee make?
- The highest reported compensation on Loretto Hospital's latest Form 990 is $529,602, paid to Tesa Anewishki (Ceo).
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Data for Loretto Hospital (EIN 36-2200248) 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.