Swedishamerican Hospital
80% goes to programs $0 to raise $100 Strong reserves Growing revenue
Swedishamerican Hospital is a 501(c)(3) organization based in Rockford, Illinois, registered in 1936, with $888,094,833 in FY2023 revenue. CharityIndex grades it A, and it directs about 80% of spending to programs.
1401 E State St, Rockford, IL, 61104 EIN 36-2222696 Since 1936
Revenue (FY2023)
$888.1M
▲ 10.2% vs prior year
Health median: $840K
Expenses (FY2023)
$824.5M
Net assets
$679.9M
Employees
4,661
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
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 Swedishamerican Hospital: 80% to programs · $0 to raise $100 earns a B+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating10 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 Swedishamerican Hospital: 10 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 Swedishamerican Hospital: 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 Swedishamerican Hospital: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Through excellence in healthcare and compassionate service, we care for our community.
What they do
Uw health swedishamerican hospital employs primary care and specialty physicians who practice at 42 locations throughout our service area. we employ specialists in orthopedics, cardiology, cardiothoracic surgery, endocrinology, allergy, neurology, neurosurgery, pulmonology/critical care, hematology/oncology, obstetrics and gynecology, maternal fetal medicine, rheumatology, psychiatry, podiatry, otolaryngology, as well as internal medicine, family practice, immediate care and pediatric physicians. during 2024, our physician encounters were 479,995 and our out-patient ancillary encounters were 179,247.
Uw health swedishamerican regional cancer center opened to the public in october 2013 and has been providing leading edge cancer care treatment for the rock river valley. the center is part of a collaborative with uw health and its nationally recognized university of wisconsin carbone cancer center. the two-story facility offers radiation therapy, medical oncology, chemotherapy and infusion services. patients have access to clinical trials, state-of-the-art linear acceleratory treatments such as igrt, imrt, rapid arc, obi and stereotactic services, and advanced medical imaging. the regional cancer center is staffed by medical and radiation oncologists, physicists, dosimetrists, radiation therapists and nurses. during 2024, our physician encounters were 37,101 and our out-patient ancillary encounters were over 78,077.
Uw health swedishamerican home health care is a quality leader in providing individualized care in patients' homes. working in partnership with a patient's doctor, our certified, trained staff provides a wide range of services and specializes in helping patients to remain independent and comfortable. our experienced caregivers include registered nurses; certified nursing assistants, dietitians; physical, occupational and speech therapists; and medical social workers. rns provide assessments, treatments and medication administration and patient education/teaching. our therapists provide assessments and treatments. medical social workers assist with assessments, counseling and helping patients and their families' access available community resources. cnas provide baths and personal grooming. our staff has the credentials and advanced training needed to assure that patients receive the highest quality of care possible. during 2024, we recorded 12,383 visits.
Contact & location
- Address
- 1401 E State St, Rockford, IL, 61104
- City
- Rockford
- State
- Illinois
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $494.7M (FY2013) to $888.1M (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $477.7MNet assets $679.9M
Operating margin
7.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.2B
Total liabilities
$477.7M
Net assets
$679.9M
Salaries & benefits
$406.0M
49% of expenses
Board members
16
11 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $888,094,833▲10.2% | $824,522,604▲4.8% | $679,881,464▲13.8% | $1,157,585,139▲8.6% | 990 |
| 2022 | $806,081,849▲3.6% | $786,870,384▲5.0% | $597,578,603▲3.7% | $1,065,986,206▲2.1% | 990 |
| 2021 | $778,252,715▲8.9% | $749,600,647▲9.2% | $576,170,470▼4.9% | $1,043,826,863▼6.9% | 990 |
| 2020 | $714,842,010▲12.2% | $686,191,690▲9.3% | $605,989,100▲14.9% | $1,121,572,006▲15.2% | 990 |
| 2019 | $637,025,862▲1.3% | $627,676,366▲5.5% | $527,239,314▲0.6% | $973,707,288▲5.0% | 990 |
| 2018 | $628,773,321▲4.6% | $595,044,586▲8.5% | $523,839,241▲7.1% | $927,080,480▲22.4% | 990 |
| 2017 | $601,095,584▲9.7% | $548,659,395▲4.0% | $488,933,632▲6.9% | $757,629,414▲7.0% | 990 |
| 2016 | $547,737,519▲4.4% | $527,570,016▲3.3% | $457,454,731▲3.8% | $708,282,537▲2.2% | 990 |
| 2015 | $524,673,461▲6.1% | $510,578,409▲8.6% | $440,624,049▲46.2% | $692,738,272▲22.9% | 990 |
| 2013 | $494,685,227 | $470,129,992▲5.9% | $301,416,371▲11.3% | $563,483,149▲8.0% | 990 |
| 2012 | — | $444,059,268▲1.0% | $270,882,063▲9.7% | $521,850,360▲14.8% | 990 |
| 2011 | — | $439,788,046▲1.1% | $246,872,726▲2.2% | $454,467,569▲2.4% | 990 |
| 2010 | — | $435,079,639▲6.9% | $241,465,694▲10.7% | $443,747,620▲7.0% | 990 |
| 2009 | — | $406,877,722 | $218,072,410 | $414,750,554 | 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: Mohamed Zeater Md — $1,063,910 (0.13% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Mohamed Zeater Md | Physician | 40 | $1,063,910 |
| Travis Andersen | President & Ceo | 40 | $948,984 |
| Eric Xanthopoulos Md | Physician | 40 | $945,280 |
| Ben Durkee Md | Physician | 40 | $910,893 |
| Yaser Siraj Md | Physician | 40 | $877,433 |
| Rehmat Sheikh Md | Physician | 40 | $873,687 |
| Thomas O'connor | Former President & Ceo | 0 | $585,228 |
| Sal Ababneh | Coo & President of Uwni Hospitals | 40 | $571,410 |
| Timothy Flynn Md | President, Sa Medical Group | 40 | $550,572 |
| Patricia Dewane | Vp, Cfo, & Treasurer | 40 | $497,721 |
| Michael Polizzotto | Former Cmo/cmio | 0 | $409,575 |
| William Mewes | Interim Vp Patient Services/cno | 40 | $393,941 |
| Allen D Williams Md | Trustee | 40 | $347,963 |
| Julia Zimmerman | Vp Strategic Growth | 40 | $314,180 |
| Rosa Jeschke | Vp Human Resources | 40 | $297,585 |
| Anna Taylor | Vp Patient Svcs/cno (until 2/24) | 2 | $196,225 |
| Amanda Miller Do | Medical Staff Director | 40 | — |
| Anqunette Parham | Trustee | 2 | — |
| Carey Gehl | Trustee (as of 9/16/23) | 2 | — |
| Daniel T Ross | Chmn of the Board | 2 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Healthcare Workforce Logistics | Staffing Services | $13,871,897 |
| Rockford Anesthesiologists | Physician Services | $8,865,176 |
| Sound Physicians of Illinois | Physician Services | $6,425,571 |
| Avant Healthcare Professionals | Staffing Services | $4,154,180 |
| Sound Physicians Emergency Med | Physician Coverage/fees | $3,368,712 |
Grants received · $33K total
5 grants to Swedishamerican Hospital totaling $33K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Heart Association Inc | Covid19 registry | 2020 | $10,000 |
| Donor Advised Charitable Giving | Health | 2020 | $5,500 |
| Donor Advised Charitable Giving | Health | 2020 | $5,500 |
| Donor Advised Charitable Giving | Health & human services | 2017 | $5,250 |
| Patient Access Network Foundation | Patient assistance | 2015 | $6,252 |
Grants made · $125K in FY2023
1 grant totaling $125K in FY2023. All grants made by Swedishamerican Hospital →
| Recipient | Purpose | Amount |
|---|---|---|
| City of Rockford Fire Department | Funding for a paramedic for the mobile integrated healthcare program | $125,000 |
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Compare Swedishamerican Hospital
Frequently asked questions
- Is Swedishamerican Hospital a legitimate nonprofit?
- Yes. Swedishamerican Hospital is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 36-2222696, based in Rockford, Illinois. Donations are tax-deductible.
- What is Swedishamerican Hospital's EIN?
- Swedishamerican Hospital's Employer Identification Number (EIN) is 36-2222696.
- How much revenue does Swedishamerican Hospital report?
- Swedishamerican Hospital reported $888,094,833 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Swedishamerican Hospital's spending goes to programs?
- Swedishamerican Hospital spends about 80% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Swedishamerican Hospital have?
- CharityIndex grades Swedishamerican Hospital A, based on program efficiency and fundraising cost.
- How much does Swedishamerican Hospital's highest-paid employee make?
- The highest reported compensation on Swedishamerican Hospital's latest Form 990 is $1,063,910, paid to Mohamed Zeater Md (Physician).
More nonprofits in Rockford
Explore more
Data for Swedishamerican Hospital (EIN 36-2222696) 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.