Rush University Medical Center
94% goes to programs $20 to raise $100 Strong reserves Growing revenue
Rush University Medical Center is a 501(c)(3) organization based in Chicago, Illinois, registered in 1960, with $3,000,055,750 in FY2023 revenue. CharityIndex grades it A, and it directs about 94% of spending to programs.
1700 W Van Buren St Ste 265, Chicago, IL, 60612 EIN 36-2174823 Since 1960
Revenue (FY2023)
$3.0B
▲ 12.6% vs prior year
Health median: $840K
Expenses (FY2023)
$2.8B
Net assets
$2.9B
Employees
15,426
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 rating94% to programs · $20 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 Rush University Medical Center: 94% to programs · $20 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating12 mo reserves · +7% 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 Rush University Medical Center: 12 mo reserves · +7% 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 Rush University Medical Center: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 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 Rush University Medical Center: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
The mission of rush is to improve the health of the individuals and diverse communities we serve through the integration of outstanding patient care, education, research and community partnerships.
What they do
Research: because rush is an academic medical center, research and clinical care come together in innovative and inspiring ways that have the power to transform lives. even if research work starts in a laboratory, it won't stay there. discoveries in rush's labs lead to advances in patient care, while observations in clinical settings inspire research studies designed to improve the way we treat patients. this approach, known as translational research, has led to breakthroughs in patient care at rush throughout the years. investigators at rush are involved in more than 500 projects, including hundreds of clinical studies to test the effectiveness and safety of new therapies and medical devices, as well as to expand scientific and medical knowledge. total research awards in fy2024 topped $113 million.
Education: rush university (ru) is a health sciences university that includes rush medical college, the college of nursing, and the college of health sciences. founded in 1837, rush medical college has an acclaimed history as one of the first medical colleges in the midwest and continues to make major contributions to medical science and education through research and clinical trials. the college of nursing is one of the nation's top-ranked nursing colleges with a national reputation for clinical excellence that helps make our graduates highly sought after by top health care employers around the country. the college of health sciences has been responsible for education and research in the allied health professions. the medical center also offers many highly selective residency and fellowship programs in medical and surgical specialties and subspecialties. ru's unique practitioner-teacher model for health sciences education and research provides its students the opportunity to learn from world-renowned instructors who practice what they teach. with more than 40 degree and certificate programs and 60 postgraduate training programs, ru educated 3,043 students in fy2024. rush university provides outstanding health sciences education and conducts major research in a culture of inclusion, focused on the promotion and preservation of the health and well-being of our diverse communities.
Other program services: rush provides various services for the benefit of its patients and visitors, such as parking, food services and interpreter services. rush also sponsors a number of programs in the community focused on improving health, expanding education in health-related careers, community-based research to reduce health disparities and initiatives to provide economic development and job creation. rush programs influenced tens of thousands of lives in fy2024.
Contact & location
- Address
- 1700 W Van Buren St Ste 265, Chicago, IL, 60612
- City
- Chicago
- State
- Illinois
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $1.7B (FY2013) to $3.0B (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $1.8BNet assets $2.9B
Operating margin
7.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.7B
Total liabilities
$1.8B
Net assets
$2.9B
Salaries & benefits
$1.4B
52% of expenses
Board members
39
39 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $3,000,055,750▲12.6% | $2,788,845,401▲7.6% | $2,858,975,730▲10.3% | $4,702,251,786▲3.5% | 990 |
| 2022 | $2,664,946,106▲2.8% | $2,591,162,936▲8.5% | $2,593,015,384▲10.1% | $4,544,022,146▲4.7% | 990 |
| 2021 | $2,591,581,148▲6.6% | $2,388,546,504▲6.4% | $2,355,950,894▼1.6% | $4,341,724,683▼4.3% | 990 |
| 2020 | $2,430,858,288▲14.1% | $2,245,348,373▲1.8% | $2,395,057,774▲25.2% | $4,534,803,183▲12.7% | 990 |
| 2019 | $2,129,968,938▲0.6% | $2,206,271,524▲10.5% | $1,913,263,111▼8.5% | $4,025,213,121▲16.5% | 990 |
| 2018 | $2,117,967,270▲7.0% | $1,997,276,594▲10.8% | $2,091,843,169▲5.7% | $3,456,334,013▲4.8% | 990 |
| 2017 | $1,978,966,560▲8.1% | $1,803,317,731▲4.9% | $1,979,015,902▲10.2% | $3,298,337,910▲6.4% | 990 |
| 2016 | $1,829,847,841▲8.7% | $1,719,304,018▲7.3% | $1,796,655,357▲15.7% | $3,098,640,902▲6.1% | 990 |
| 2015 | $1,682,859,788▼4.5% | $1,602,797,610▼2.8% | $1,552,267,047▼3.5% | $2,920,106,156▼2.6% | 990 |
| 2014 | $1,761,679,658▲5.3% | $1,649,131,757▲7.1% | $1,609,319,633▼3.4% | $2,998,176,768▲3.2% | 990 |
| 2013 | $1,673,042,670 | $1,539,208,667▲5.5% | $1,666,747,596▲11.0% | $2,905,318,713▲6.5% | 990 |
| 2012 | — | $1,458,965,005▲3.7% | $1,501,843,089▲14.2% | $2,726,934,263▲2.6% | 990 |
| 2011 | — | $1,407,395,723▲5.9% | $1,315,424,482▲2.6% | $2,657,718,464▲2.9% | 990 |
| 2010 | — | $1,329,362,440▲3.0% | $1,281,625,042▲29.3% | $2,583,547,057▲3.4% | 990 |
| 2009 | — | $1,290,243,300 | $991,139,010 | $2,498,792,160 | 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: Omar B Lateef Do — $3,687,548 (0.13% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Omar B Lateef Do | President & Ceo | 40 | $3,687,548 |
| K Ranga Rama Krishnan Mb Chb | Executive Vice Chairman & Advisor To Ceo | 40 | $1,866,385 |
| Richard Byrne Md | Physician | 40 | $1,581,311 |
| Robert J March Md | Physician | 40 | $1,523,781 |
| Michael Liptay Md | Chairperson Cardiovascular/thoracic Surgery | 40 | $1,498,964 |
| Keith C Hood Md | Physician | 40 | $1,257,741 |
| Patricia S O'neil Mae | Svp & System Cfo | 40 | $1,163,275 |
| Cynthia Brincat Md Phd | Interim Dean, Rush Medical College | 40 | $1,062,321 |
| Wayne E Keathley Mph | Former Officer | 0 | $913,818 |
| Angelique Richard Phd Rn Cenp | Svp Hospital Operations, Cno (end 4/24) | 40 | $896,171 |
| Carl T Bergetz Jd | Svp Legal Affairs & General Counsel | 40 | $890,137 |
| Sherine E Gabriel Md Msc | Former Officer | 0 | $880,461 |
| Paul Casey Md Mba Facep | Svp & Chief Medical Officer | 40 | $872,323 |
| David A Ansell Md | Svp Community Health Equity (end 12/23) | 40 | $862,730 |
| Larry J Goodman Md | Interim President Rush University (end 3/24) | 40 | $847,359 |
| Jeffrey M Gautney | Vp & Chief Information Officer | 40 | $722,211 |
| Courtney L Kammer Mha | Svp Human Resources | 40 | $721,300 |
| Susan L Freeman Md Ms | Former Officer | 0 | $719,604 |
| Richa Gupta Mbbs Mhsa | Svp & Coo, Rumg | 40 | $665,949 |
| Alex D Wiggins | Vp, Chief Investment Officer & Treasurer | 40 | $650,491 |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Allegiance Benefit Plan Management | Claims Management | $82,748,213 |
| Jones Lang Lasalle Americas | Management Services | $51,911,797 |
| Powerujamaa 4 LLC | Construction | $38,437,311 |
| Bulley Rews | Construction Services | $13,308,948 |
| R1 Rcm Inc | Revenue Cycle Management | $10,729,060 |
Grants received · $208.2M total
493 grants to Rush University Medical Center totaling $208.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $8,342,500 |
| Esperanza Health Centers | Hrsa teaching health center graduate medical education program | 2024 | $2,155,135 |
| United Way of Metropolitan Chicago Inc | Program support | 2024 | $1,050,471 |
| American Cancer Society Inc | Support/research | 2024 | $397,000 |
| American Medical Association | West side united sponsorship | 2024 | $280,000 |
| Alzheimers Disease and Related Disorders Association Inc | Program support | 2024 | $227,323 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Medical / public services | 2024 | $167,500 |
| Cystic Fibrosis Foundation | Cf care center | 2024 | $155,279 |
| Ayco Charitable Foundation | Medical / public services | 2024 | $152,000 |
| Massachusetts Higher Education Assistance Corporation | Postsecondary pathways | 2024 | $141,450 |
| American Endowment Foundation | Health, general | 2024 | $122,167 |
| Parkinsons Foundation Inc | Center of excellence grants | 2024 | $104,583 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $103,500 |
| Robert R Mccormick Foundation | Building blocks: rumc scholars program and general operating support for west side united | 2024 | $90,000 |
| University of Miami | Research | 2024 | $70,064 |
Grants made · $855K in FY2023
25 grants totaling $855K in FY2023 — showing the 15 largest. All grants made by Rush University Medical Center →
| Recipient | Purpose | Amount |
|---|---|---|
| Esperanza Health Centers | General support | $338,333 |
| Illinois Transplant Fund | General support | $153,000 |
| Community Health Nfp | Sponsorship | $50,000 |
| American Heart Association Inc | Sponsorship | $33,000 |
| Alzheimers Disease and Related Disorders Association Inc | Sponsorship | $30,000 |
| Commercial Club Foundation | General support | $30,000 |
| National Multiple Sclerosis Society | Sponsorship | $22,500 |
| American Cancer Society Inc | Sponsorship | $21,900 |
| Chicago Bulls Charities | General support | $21,000 |
| Bears Care | Sponsorship | $18,500 |
| Health and Medicine Policy Research Group | General support | $17,500 |
| The Worship House | General support | $15,249 |
| Skills For Chicago | Sponsorship | $15,000 |
| Acoustic Neuroma Association | Sponsorship | $15,000 |
| Chicago Urban League | Sponsorship | $10,000 |
Similar organizations in Health
Health
University of Chicago Medical Center
Chicago, IL
$3.2B
A+annual revenue
Health
Northshore University Healthsystem
Arlington Hts, IL
$2.3B
Aannual revenue
Health
Northwestern Memorial Healthcare
Chicago, IL
$2.3B
Aannual revenue
Health
Osf Healthcare System
Peoria, IL
$3.9B
Aannual revenue
Health
Loyola University Medical Center
Maywood, IL
$1.7B
Bannual revenue
Health
Ann & Robert H Lurie Childrens Hospital of Chicago
Chicago, IL
$1.5B
Aannual revenue
Health
The Carle Foundation Hospital
Urbana, IL
$1.5B
A+annual revenue
Health
Advocate North Side Health Network
Downers Grove, IL
$1.4B
Aannual revenue
Edward Hospital
Arlington Hts, IL
$908.3M
Aannual revenue
Health
Swedishamerican Hospital
Rockford, IL
$888.1M
Aannual revenue
Compare Rush University Medical Center
Frequently asked questions
- Is Rush University Medical Center a legitimate nonprofit?
- Yes. Rush University Medical Center is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 36-2174823, based in Chicago, Illinois. Donations are tax-deductible.
- What is Rush University Medical Center's EIN?
- Rush University Medical Center's Employer Identification Number (EIN) is 36-2174823.
- How much revenue does Rush University Medical Center report?
- Rush University Medical Center reported $3,000,055,750 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Rush University Medical Center's spending goes to programs?
- Rush University Medical Center spends about 94% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Rush University Medical Center have?
- CharityIndex grades Rush University Medical Center A, based on program efficiency and fundraising cost.
- How much does Rush University Medical Center's highest-paid employee make?
- The highest reported compensation on Rush University Medical Center's latest Form 990 is $3,687,548, paid to Omar B Lateef Do (President & Ceo).
More nonprofits in Chicago
Explore more
Data for Rush University Medical Center (EIN 36-2174823) 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.