Swedish Covenant Health
501(c)(3) Donations tax-deductible
96% goes to programs $0 to raise $100 Strong reserves Growing revenue
Swedish Covenant Health is a 501(c)(3) organization based in Arlington Hts, Illinois, registered in 1996, with $607,452,110 in FY2024 revenue. CharityIndex grades it A+, and it directs about 96% of spending to programs.
3040 W Salt Creek Ln, Arlington Hts, IL, 60005 EIN 36-2179813 Since 1996
Revenue (FY2024)
$607.5M
▲ 72.4% vs prior year
Expenses (FY2024)
$540.5M
Net assets
$271.6M
Employees
2,479
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating96% 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 Swedish Covenant Health: 96% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating6 mo reserves · +11% 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 Swedish Covenant Health: 6 mo reserves · +11% 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 Swedish Covenant Health: 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 Swedish Covenant Health: 4 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
Swedish covenant health 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
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $270.5M (FY2013) to $607.5M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $64.6MNet assets $271.6M
Operating margin
11.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$336.2M
Total liabilities
$64.6M
Net assets
$271.6M
Salaries & benefits
$180.6M
33% of expenses
Board members
17
10 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $607,452,110▲72.4% | $540,523,306▲60.8% | $271,634,288▲33.0% | $336,203,176▼21.9% | 990 |
| 2023 | $352,313,579▲17.2% | $336,125,639▲9.4% | $204,295,311▲8.8% | $430,490,764▼48.8% | 990 |
| 2022 | $300,504,779▲296% | $307,177,773▲339% | $187,753,783▼2.8% | $840,938,672▲12.7% | 990 |
| 2021 | $75,891,166▼74.9% | $70,046,525▼76.3% | $193,175,853▲3.2% | $746,038,383▲6.1% | 990 |
| 2020 | $302,820,427▼2.2% | $295,127,571▲2.4% | $187,114,967▼0.5% | $703,103,698▲15.2% | 990 |
| 2019 | $309,565,263▲7.4% | $288,278,605▲7.1% | $187,994,207▼3.7% | $610,229,545▲25.6% | 990 |
| 2017 | $288,320,374▲5.2% | $269,151,113▲3.8% | $195,269,889▲11.1% | $486,024,601▲1.2% | 990 |
| 2016 | $274,016,475▼0.7% | $259,204,058▲1.4% | $175,808,493▲0.7% | $480,158,744▲5.7% | 990 |
| 2015 | $275,985,910▼5.2% | $255,523,807▼1.4% | $174,526,406▲2.9% | $454,424,585▲1.7% | 990 |
| 2014 | $291,222,358▲7.7% | $259,079,645▲2.3% | $169,557,918 | $446,778,668 | 990 |
| 2013 | $270,517,982 | $253,154,568▲0.4% | $169,499,643▼4.5% | $446,974,523▼4.4% | 990 |
| 2012 | — | $252,225,672▲0.3% | $177,429,329▲18.1% | $467,642,185▲3.5% | 990 |
| 2011 | — | $251,469,023▲2.9% | $150,250,042▲23.1% | $451,770,879▲11.7% | 990 |
| 2010 | — | $244,367,506▲3.5% | $122,081,965▼11.1% | $404,463,278▲7.5% | 990 |
| 2009 | — | $236,007,654 | $137,322,760 | $376,279,526 | 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: Anthony Guaccio — $1,029,884 (0.19% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Anthony Guaccio | Former Officer | 0 | $1,029,884 |
| Bruce Mcnulty | Chief Medical Officer | 40 | $632,658 |
| Jonathan Lind | Director and President, Swedish Hospital | 40 | $587,344 |
| Shameem A Abbasy | Vp, Clinical Quality and Transformation | 40 | $551,556 |
| Saliba Kokaly | Avp, Operations | 40 | $377,219 |
| Kathryn Donofrio | Senior Vp, Chief Nursing Officer | 40 | $347,024 |
| Richard Cunningham | Director, Rehabilitation Services | 40 | $249,925 |
| Noly Grace Lagrosa | Rn House Operations Administrator | 40 | $243,394 |
| Alicia Juska | Director, Pharmacy | 40 | $236,668 |
| Oluwadamilola Adeyemi | Director | 40 | $107,755 |
| Jeffrey M Tilkin | Director (until 12/31/24) | 1 | $19,167 |
| Bea Reyna-hickey | Secretary | 1 | — |
| Carolin Archibald | Director | 1 | — |
| Chris Sullivan | Director | 1 | — |
| Christopher J Olson | Director | 1 | — |
| Debra Schotz | Vice Chairman | 1 | — |
| Dennis G Hammer | Director | 1 | — |
| Douglas D Welday | System Treasurer and Cfo | 1 | — |
| Gerald P Gallagher | System President and Ceo | 1 | — |
| Jeffrey C Cilley | Director | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Bear Construction Company | General Contracting Services | $4,035,386 |
| Obhg Illinois PC | Physician Services | $2,066,181 |
| Aya Healthcare Inc | Nursing Agency | $1,627,582 |
| Continental Electrical Construction Company | Electrical Construction Services | $1,382,321 |
| Language Line Services | Translation and Interpretation Service | $1,314,662 |
Grants received · $83K total
7 grants to Swedish Covenant Health totaling $83K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| United Way of Metropolitan Chicago Inc | Program support | 2019 | $25,000 |
| March of Dimes Inc | Community | 2018 | $10,000 |
| Paypal Charitable Giving Fund | General support | 2018 | $8,331 |
| Network For Good Inc | Unrestricted | 2017 | $10,816 |
| March of Dimes Inc | Community services | 2016 | $15,000 |
| Mightycause Charitable Foundation | Unrestricted | 2016 | $6,926 |
| Mightycause Charitable Foundation | Unrestricted | 2015 | $6,926 |
Grants made · $1.0M in FY2024
1 grant totaling $1.0M in FY2024. All grants made by Swedish Covenant Health →
| Recipient | Purpose | Amount |
|---|---|---|
| Erie Family Health Center Inc | Healthcare services to medically underserved | $1,028,333 |
Frequently asked questions
- Is Swedish Covenant Health a legitimate nonprofit?
- Yes. Swedish Covenant Health is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 36-2179813, based in Arlington Hts, Illinois. Donations are tax-deductible.
- What is Swedish Covenant Health's EIN?
- Swedish Covenant Health's Employer Identification Number (EIN) is 36-2179813.
- How much revenue does Swedish Covenant Health report?
- Swedish Covenant Health reported $607,452,110 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Swedish Covenant Health's spending goes to programs?
- Swedish Covenant Health spends about 96% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Swedish Covenant Health have?
- CharityIndex grades Swedish Covenant Health A+, based on program efficiency and fundraising cost.
- How much does Swedish Covenant Health's highest-paid employee make?
- The highest reported compensation on Swedish Covenant Health's latest Form 990 is $1,029,884, paid to Anthony Guaccio (Former Officer).
More nonprofits in Arlington Hts
Explore more
Data for Swedish Covenant Health (EIN 36-2179813) 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.