2024-11-14T15:26:28+00:00 2023-12-31 346565596 ERNST & YOUNG US LLP 155 N WACKER DRIVE CHICAGO IL 60606 990 2023-01-01 581672987 Edward Health Ventures EDWA 6305273000 801 S Washington Street Naperville IL 60540 DOUGLAS WELDAY SYSTEM CHIEF FINANCIAL OFFICER 8475702000 2024-11-14 true true Jess Wagener P01622613 3128792000 2024-11-14 2023 2024-10-15 13:58:12Z Gerald P Gallagher 1301 CENTRAL STREET EVANSTON IL 60201 176417007 false X WWW.EEHEALTH.ORG X 1986 IL EDWARD HEALTH VENTURES FOLLOWS THE MISSION OF ENDEAVOR HEALTH TO "HELP EVERYONE IN OUR COMMUNITIES BE THEIR BEST." 16 10 1704 10 0 0 0 157108567 176390006 17097 -28900 0 157125664 176361106 0 0 168357373 188452657 0 0 81470171 53161476 249827544 241614133 -92701880 -65253027 131953780 129745697 66576864 80640699 65376916 49104998 SEE SCHEDULE O false false 217340056 0 166557876 EDWARD HEALTH VENTURES OFFERS PHYSICIAN SERVICES IN PRIMARY CARE, OBSTETRICS, MEDICAL ONCOLOGY, RHEUMATOLOGY, NEUROSCIENCE, NEPHROLOGY, PSYCHIATRY, HOSPITALISTS AND A VARIETY OF SURGICAL SPECIALTIES. EDWARD MEDICAL GROUP AND ELMHURST MEMORIAL MEDICAL GROUP ARE COMPRISED OF 38 PHYSICIAN PRACTICES IN THE WESTERN SUBURBS OF CHICAGO, INCLUDING NAPERVILLE, AURORA, BOLINGBROOK, PLAINFIELD, CRESTHILL, LISLE, WARRENVILLE, OSWEGO, SANDWICH, YORKVILLE, SYCAMORE, ELMHURST, AND OAK PARK. EDWARD HEALTH VENTURES OPERATES 6 WALK-IN CLINICS IN NAPERVILLE, AURORA, WOODRIDGE, YORKVILLE, PLAINFIELD, AND ELMHURST. EDWARD HEALTH VENTURES OPERATES 5 IMMEDIATE CARES IN ADDISON, OAK PARK, HINSDALE, OSWEGO, AND NAPERVILLE. LINDEN OAKS MEDICAL GROUP, WITH SPECIALISTS IN CHILD AND ADULT PSYCHIATRY, IS COMPRISED OF 8 PHYSICIAN PRACTICE LOCATIONS INCLUDING NAPERVILLE, WOODRIDGE, PLAINFIELD, ST. CHARLES, YORKVILLE, MOKENA, OAK PARK AND ELMHURST. 10326543 0 5008555 EDWARD HEALTH VENTURES PROVIDES ACCESS TO MEDICAL SERVICES AT CONVENIENT LOCATIONS BY OPERATING MEDICAL OFFICE BUILDINGS IN NAPERVILLE, PLAINFIELD, BOLINGBROOK, OSWEGO AND ELMHURST. IT HAS APPROXIMATELY 30 MEDICAL OFFICE TENANTS INCLUDING A NUMBER OF EDWARD HOSPITAL PROGRAMS. THE EXPANSION OF THE EDWARD PLAINFIELD CAMPUS INCLUDES OFFERING PHYSICIAN AND OTHER RELATED HEALTH CARE SERVICES INCLUDING MEDICAL ONCOLOGY FROM EDWARD CANCER CENTER, EDWARD PERINATOLOGY CENTER, EDWARD HOSPITAL PHYSICAL THERAPISTS AND BEHAVIORAL HEALTH PROFESSIONALS FROM LINDEN OAKS MEDICAL GROUP AND INDEPENDENT SPECIALISTS, INCLUDING PEDIATRICIANS, CARDIOLOGISTS, OBSTETRICIANS, GYNECOLOGISTS, ALLERGISTS, OPTHALOMOLOGISTS, AND PRIMARY CARE PHYSICIANS. 0 0 4823575 EDWARD HEALTH VENTURES INVESTS IN JOINT VENTURES. 227666599 true false false false false false false false false true false false true true true false true false false false false false false false false false false false true false false false false false false true true false false false false false true true true false false true 51 0 true 1704 true true true false false false false false false false false false false false X 16 10 true false false false true true true true true false false false true true true true true false false true true IL X Christine E Erdmann 8476184606 3040 Salt Creek Lane Arlington Heights IL 60005 Margaret Dixon Harrell Vice Chair 1.0 6.0 X X 0 0 0 Sean Chou Chair 1.0 6.0 X X 0 0 0 Adam Schriedel Trustee 34.0 6.0 X 438288 0 34648 Brad Cutler Trustee 35.0 5.0 X 388066 0 44610 Christine Jeffries Trustee 1.0 5.0 X 0 0 0 David Morrissey Trustee 1.0 5.0 X 0 0 0 Elizabeth Aquino Trustee 1.0 6.0 X 0 0 0 Joseph Dant CEO, South Region/Trustee 1.0 40.0 X 0 995003 156357 Mark Gomez Trustee 35.0 5.0 X 465103 0 45020 Michael Hoffman Trustee 40.0 6.0 X 441586 0 37629 Ram Shivakumar Trustee 1.0 6.0 X 0 0 0 Ravi Nemivant Trustee 1.0 5.0 X 0 0 0 Robert Platt Trustee 1.0 5.0 X 0 0 0 Tom S Lee Trustee 1.0 5.0 X 0 0 0 Valerie Cahill Trustee 1.0 6.0 X 0 0 0 Walter Whang Trustee 35.0 5.0 X 525889 0 50031 Chris J Mollet System Chief Legal Officer/Secretary (until 3/31/23) 1.0 48.0 X 0 859893 156204 Denise Chamberlain CFO, South Region/Treasurer (until 12/15/23) 1.0 47.0 X 0 1336373 158179 Douglas D Welday System Chief Financial Officer 1.0 54.0 X 0 1750748 284165 Gerald P Gallagher System President & CEO 1.0 55.0 X 0 4100532 2182996 Jason Ogden Assistant Treasurer 1.0 39.0 X 0 475130 42904 Shivani Bautista System Chief Legal Officer/Secretary 1.0 48.0 X 0 655182 46582 Arvind Ramanathan Director, Medical Group Operations 1.0 39.0 X 0 173095 40585 Daniel Sullivan Co-Chief Physician Exec (left) 1.0 40.0 X 0 821515 147693 Katie McGovern SVP, Medical Group Operations, South Region 1.0 39.0 X 0 337115 103294 Alexander Jones Physician 40.0 0 X 1077356 0 45607 Brian Myre Physician 40.0 0 X 1058754 0 25268 Kamran Khan Physician 40.0 0 X 1130727 0 20802 William Schueler Physician 40.0 0 X 1123128 0 46598 Zahab Ahsan Physician 40.0 0 X 1429738 0 38451 Jennifer Enright Former Key Employee 40.0 0 X 155709 0 35560 John Klosowski Former Key Employee 40.0 0 X 217933 0 19112 Kristi Devalk-Caswick Former Key Employee 40.0 1.0 X 188909 0 12066 Mary Lou Mastro Former Officer 0.0 0.0 X 0 2978503 14850 Maureen Kunz Former Key Employee 1.0 40.0 X 0 245354 42277 Michael McKenna Former Key Employee 1.0 40.0 X 0 272413 40974 8641186 15000858 3872463 536 true true false NORTHWESTERN MEDICAL GROUP 680 NORTH LAKE SHORE DRIVE SUITE 11 CHICAGO IL 60611 Medical Services 1494000 ARCADIA SOLUTIONS LLC 320 SUMMER STREET FLOOR 3 BOSTON MA 02111 Medical Services 1297098 JERICHO SERVICES 24111 BRANCASTER DR NAPERVILLE IL 605648047 Janitorial 803343 RUSH UNIVERSITY MEDICAL CENTER 1700 W VAN BUREN CHICAGO IL 60612 Medical Services 719550 LASALLE NETWORK 200 N LASALLE ST SUITE 2500 CHICAGO IL 60601 Temp staffing 354403 10 0 Patient Service Revenue 621990 159651948 159651948 Medical Building Rent Revenue 900099 5008555 5008555 Investment in Healthcare Ventures 621400 36319 36319 IHP Distributions 900099 3688896 3688896 MDVIP Revenue 900099 1098360 1098360 6905928 6905928 0 0 176390006 17001 17001 0 0 10000 55901 0 -45901 -45901 -45901 0 0 0 0 0 176361106 176390006 0 -28900 2248894 884299 1364595 1251704 647731 603973 160655164 154415944 6239220 -367946 -349548 -18398 15964733 15166496 798237 8700108 8265103 435005 21684 21684 11953289 11833756 119533 0 488 488 1051266 1040753 10513 11869590 10326543 1543047 79941 69549 10392 928105 928105 6658421 5726242 932179 3297441 2835799 461642 Medical Supplies 15583318 15583318 Repairs and maintenance 1001005 990995 10010 Income Taxes 454653 454653 Dues, subscriptions, and licenses 254105 222023 32082 8170 7108 1062 0 241614133 227666599 13947534 0 -1734365 -1588991 8215558 9919497 0 0 0 0 641208 186819 179522313 99690389 89212351 79831924 0 3545552 3783755 0 996917 32073476 36615776 131953780 129745697 29132411 38331234 0 0 13587443 37444453 28722022 66576864 80640699 X 65376916 49104998 65376916 49104998 131953780 129745697 X -65253027 -2108558 51089667 X false true X true true true X X X 4 EDWARD HOSPITAL 363297173 3 true 0 216469736 NAPERVILLE PSYCHIATRIC VENTURES DBA LINDEN OAKS HOSPITAL 363965251 3 true 0 23159851 EDWARD HEALTH AND FITNESS CENTER 363555528 9 true 0 1984546 3 0 241614133 true false false false false false false false false false false false false false false false Schedule A, Part I, Line 12g Amount of other support (column vi) EDWARD HOSPITAL: EDWARD HEALTH VENTURES IS A SUPPORTING ORGANIZATION TO EDWARD HOSPITAL. THE AMOUNT REPORTED IN A SCHEDULE A PART I, LINE 12G, COLUMN (VI) RELATES TO EXPENSES INCURRED BY THE ORGANIZATION ON BEHALF OF THE SUPPORTED ENTITIES (REIMBURSED IN WHOLE OR IN PART THROUGH MANAGEMENT FEES). NAPERVILLE PSYCHIATRIC VENTURES DBA LINDEN OAKS HOSPITAL: EDWARD HEALTH VENTURES IS A SUPPORTING ORGANIZATION TO NAPERVILLE PSYCHIATRIC VENTURES DBA LINDEN OAKS HOSPITAL. THE AMOUNT REPORTED IN A SCHEDULE A PART I, LINE 12G, COLUMN (VI) RELATES TO EXPENSES INCURRED BY THE ORGANIZATION ON BEHALF OF THE SUPPORTED ENTITIES (REIMBURSED IN WHOLE OR IN PART THROUGH MANAGEMENT FEES). EDWARD HEALTH AND FITNESS CENTER: EDWARD HEALTH VENTURES IS A SUPPORTING ORGANIZATION TO EDWARD HEALTH AND FITNESS CENTER. THE AMOUNT REPORTED IN A SCHEDULE A PART I, LINE 12G, COLUMN (VI) RELATES TO EXPENSES INCURRED BY THE ORGANIZATION ON BEHALF OF THE SUPPORTED ENTITIES (REIMBURSED IN WHOLE OR IN PART THROUGH MANAGEMENT FEES). ELMHURST MEMORIAL HOSPITAL: EDWARD HEALTH VENTURES IS A SUPPORTING ORGANIZATION TO ELMHURST MEMORIAL HOSPITAL. THE AMOUNT REPORTED IN A SCHEDULE A PART I, LINE 12G, COLUMN (VI) RELATES TO EXPENSES INCURRED BY THE ORGANIZATION ON BEHALF OF THE SUPPORTED ENTITIES (REIMBURSED IN WHOLE OR IN PART THROUGH MANAGEMENT FEES). Schedule A, Part IV, Section C, Line 1 Majority director detail EDWARD HEALTH VENTURES (EHV) EXERCISES RESERVE POWERS OVER ITS SUBSIDIARIES (LINDEN OAKS HOSPITAL AND EDWARD HEALTH AND FITNESS CENTER) AND ALL EDWARD-ELMHURST HEALTH (EEH) AFFILIATES ARE CONNECTED/CONTROLLED VIA RESERVE POWERS HELD AT THE EEH LEVEL; I.E., THE SOUTH REGION BOARD IS THE REPRESENTATIVE BOARD FOR EDWARD-ELMHURST HEALTH, EDWARD HOSPITAL, ELMHURST HOSPITAL, ELMHURST MEMORIAL HEALTHCARE, EDWARD HEALTH VENTURES AND LINDEN OAKS HOSPITAL (ONE BOARD FOR ALL OF THOSE ENTITIES). THEY ARE DESIGNATED BY CLASS AS AN AFFILIATED ENTITY. AS A RESULT OF THE OVERLAP OF THE SENIOR MANAGEMENT TEAM SERVING THE CORPORATION AND THE SUPPORTED ORGANIZATIONS, CONTROL AND MANAGEMENT OF THE SUPPORTING ORGANIZATION WAS VESTED IN THE SAME PERSONS THAT CONTROLLED AND MANAGED THE SUPPORTED ORGANIZATIONS. FURTHERMORE, THE BYLAWS OF EDWARD HEALTH VENTURES PROVIDE THAT THE TRUSTEES OF EDWARD HEALTH VENTURES SHALL INCLUDE AT LEAST ONE PERSON WHO ALSO SERVES AS A TRUSTEE OF THE SUPPORTED ORGANIZATIONS. 16297449 16297449 138644731 99137369 39507362 16617531 491344 16126187 7962602 61676 7900926 79831924 Right-of-Use Assets 25006378 Non-patient Receivables 4270999 Noncurrent receivables 7278048 Deferred Tax Asset 60351 36615776 Accrued malpractice self-insurance 1635520 Operating Lease Obligation net 27021563 Due to affiliates 64939 28722022 X Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The affiliates and subsidiaries of the System are primarily tax-exempt organizations under Internal Revenue Code Section 501(c)(3), and their related income is exempt from federal income tax. Accordingly, there is no material provision for income tax for these entities. Some of the income generated by certain exempt entities is subject to taxation as unrelated business income. The System files federal income tax returns and returns for various states in the U.S. ASC 740-10, Income Taxes, requires that realization of an uncertain income tax position is more likely than not (i.e., greater than 50% likelihood of receiving a benefit) before it can be recognized in the consolidated financial statements. Furthermore, this interpretation prescribes the benefit to be recorded in the consolidated financial statements as the amount most likely to be realized, assuming a review by tax authorities having all relevant information and applying current conventions. This interpretation also clarifies the financial statement classification of tax-related penalties and interest and sets forth new disclosures regarding unrecognized tax benefits. No amount was recorded for the years ended December 31, 2023 and 2022. At year-end December 31, 2023 and 2022, the System had a net operating loss carryforward of $371,890 and $340,271, which generated deferred tax assets of $107,621 and $96,228, respectively. The assets are offset by valuation allowances of $101,354 and $94,373, respectively. X X true true true true false false false false false true false Brad Cutler Trustee 387405 0 0 0 661 0 14850 0 29760 0 432676 0 0 0 Joseph Dant CEO, South Region/Trustee 0 716567 0 117223 0 161214 0 125052 0 31305 0 1151360 0 0 Mark Gomez Trustee 459315 0 4185 0 1603 0 14850 0 30170 0 510122 0 0 0 Michael Hoffman Trustee 421570 0 14540 0 5476 0 14850 0 22779 0 479215 0 0 0 Adam Schriedel Trustee 418016 0 15548 0 4724 0 14850 0 19798 0 472936 0 0 0 Walter Whang Trustee 519019 0 0 0 6870 0 14850 0 35181 0 575921 0 0 0 Mary Lou Mastro Former Officer 0 20192 0 196875 0 2761436 0 14850 0 0 0 2993353 0 0 Shivani Bautista System Chief Legal Officer/Secretary 0 508779 0 145031 0 1371 0 14850 0 31732 0 701763 0 0 Denise Chamberlain CFO, South Region/Treasurer (until 12/15/23) 0 634519 0 111224 0 590629 0 144204 0 13975 0 1494552 0 0 Gerald P Gallagher System President & CEO 0 1988061 0 2102878 0 9594 0 2145878 0 37118 0 6283529 0 0 Chris J Mollet System Chief Legal Officer/Secretary (until 3/31/23) 0 178687 0 100906 0 580299 0 149148 0 7056 0 1016097 0 0 Jason Ogden Assistant Treasurer 0 318037 0 128318 0 28775 0 14850 0 28054 0 518035 0 0 Douglas D Welday System Chief Financial Officer 0 861244 0 869308 0 20196 0 257414 0 26751 0 2034913 0 0 Jennifer Enright Former Key Employee 137760 0 5263 0 12686 0 7007 0 28553 0 191269 0 0 0 John Klosowski Former Key Employee 190841 0 10937 0 16155 0 9807 0 9305 0 237045 0 0 0 Maureen Kunz Former Key Employee 0 207551 0 20660 0 17144 0 11041 0 31236 0 287632 0 0 Kristi Devalk-Caswick Former Key Employee 170391 0 6101 0 12416 0 8501 0 3565 0 200975 0 0 0 Michael McKenna Former Key Employee 0 237929 0 8618 0 25866 0 12259 0 28715 0 313388 0 0 Katie McGovern SVP, Medical Group Operations, South Region 0 298642 0 36099 0 2374 0 71077 0 32217 0 440409 0 0 Arvind Ramanathan Director, Medical Group Operations 0 166063 0 6654 0 378 0 7789 0 32796 0 213680 0 0 Daniel Sullivan Co-Chief Physician Exec (left) 0 109501 0 94062 0 617952 0 145440 0 2253 0 969209 0 0 Zahab Ahsan Physician 1428565 0 0 0 1173 0 14850 0 23601 0 1468189 0 0 0 Alexander Jones Physician 1074477 0 167 0 2712 0 14850 0 30757 0 1122963 0 0 0 Kamran Khan Physician 1129083 0 0 0 1644 0 14850 0 5952 0 1151529 0 0 0 Brian Myre Physician 1057614 0 0 0 1140 0 14850 0 10418 0 1084022 0 0 0 William Schueler Physician 1119704 0 500 0 2925 0 14850 0 31748 0 1169727 0 0 0 Schedule J, Part I, Line 1a Tax indemnification and gross-up payments The organization's officers and certain key employees are offered life insurance and long-term disability benefits. A transition bonus is paid to certain executives that no longer receive a gross-up payment to cover the tax impacts for life insurance and long-term disability. Schedule J, Part I, Line 1a Health or social club dues or initiation fees ALL EDWARD HEALTH VENTURES EMPLOYEES ARE OFFERED A MEMBERSHIP AT THE EDWARD HEALTH & FITNESS CENTER, AN AFFILIATE OF EDWARD-ELMHURST HEALTHCARE, AS A TAXABLE EMPLOYEE BENEFIT. THE EDWARD HEALTH VENTURES PRESIDENT IS ALSO PROVIDED THIS BENEFIT FOR THEIR SPOUSE AND CHILDREN, ALSO AS A TAXABLE BENEFIT. THE VALUE OF THIS BENEFIT IS DETERMINED BASED UPON THE FAIR MARKET VALUE OF THESE MEMBERSHIPS, WHICH IS IN TURN DETERMINED BASED UPON THE ACTUAL AMOUNT THAT THE EDWARD HEALTH & FITNESS CENTER CHARGES TO OTHER CORPORATE CUSTOMERS. Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation A detailed compensation review of the top executives, including the Chief Executive Officer, is conducted annually. Market data is collected and assessed by an external independent compensation consultant who specializes in compensation consulting within the healthcare industry. The work product from this study is reviewed separately with Endeavor Health legal counsel. Market data for base and variable compensation is assessed annually for integrated delivery systems and academic medical centers that are similar in size and complexity. The market assessment includes assessing job content in order to make appropriate market data comparisons. Specific recommendations are then reviewed, discussed and approved as appropriate with the Endeavor Health Compensation Committee, in session with legal counsel present, in advance of implementation. Schedule J, Part I, Line 4a Severance or change-of-control payment The following individuals received severance payments based upon mutually agreed-upon separation agreement entered into with the organization: Chris Mollet - $444,092 Daniel Sullivan - $485,197 Mary Lou Mastro - $2,761,436 Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan INDIVIDUALS WHO HAVE THE TITLE OF VICE PRESIDENT OR HIGHER ARE ELIGIBLE TO PARTICIPATE IN A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP); ANY ELIGIBLE PARTICIPANTS MUST BE APPROVED BY THE EDWARD-ELMHURST HEALTHCARE BOARD OF TRUSTEES. THE SERP WAS ESTABLISHED TO RECOGNIZE THE VALUABLE CONTRIBUTIONS THAT EACH OF THE PARTICIPANTS MAKES TO THE OPERATIONS OF EDWARD-ELMHURST HEALTHCARE AND TO REWARD CERTAIN EXECUTIVE EMPLOYEES FOR THEIR LONG-TERM SERVICE AND COMMITMENT TO EDWARD-ELMHURST HEALTHCARE. THE SERP IS DESIGNED TO SUPPLEMENT THESE PARTICIPANTS' INCOME IF THEY REMAIN WITH EDWARD-ELMHURST HEALTHCARE UNTIL AGE 65. IN EXCHANGE FOR THIS LONG-TERM SERVICE, EDWARD-ELMHURST HEALTHCARE WANTS TO SUPPLEMENT THESE PARTICIPANTS' RETIREMENT INCOME WITH ADDITIONAL ANNUAL COMPENSATION THAT IS INVESTED IN AN ANNUITY CONTRACT OR A LIFE INSURANCE VEHICLE; CONTRIBUTIONS VEST AFTER FIVE YEARS. The following individuals participated in a supplemental nonqualified retirement plan and below are the increases to the plan balances during 2023: Katie McGovern - $56,227 Joseph Dant - $110,202 Chris Mollet - $134,298 Daniel Sullivan - $130,590 Denise Chamberlain - $129,354 Gerald P Gallagher - $1,707,569 Douglas D Welday - $77,789 The following individuals received payments from a supplemental nonqualified retirement plan reported as taxable compensation: Chris Mollet - $134,298 Daniel Sullivan - $130,590 Denise Chamberlain - $583,558 Joseph Dant - $158,850 Schedule J, Part I, Line 7 Non-fixed payments SCHEDULE J, PART 1, LINE 7 IS ANSWERED YES BECAUSE CERTAIN INDIVIDUALS, WHOSE SALARY AND BENEFITS ARE PAID BY THE REPORTING ORGANIZATION OR A RELATED ORGANIZATION, RECEIVED A NONFIXED PAYMENT (BONUS) DURING THE YEAR. THE NON-FIXED PAYMENTS ARE INCLUDED IN SCHEDULE J, PART II, COLUMN B(II) AS BONUSES. THE BONUS AMOUNTS DETERMINED ARE BASED ON A FIXED PERCENTAGE OF BASE COMPENSATION, HOWEVER THEY ARE DISCRETIONARY IN NATURE, IN THAT DISCRETION IS GIVEN AS TO WHETHER OR NOT A BONUS WILL BE PAID FOR THE REPORTING PERIOD. RYAN SULLIVAN Employment of Family Member Daniel Sullivan, Key Employee 617256 Compensation of Family Member false Form 990, Part I, Line 6 VOLUNTEERS OUR VOLUNTEERS WORK IN A LARGE MAJORITY OF AREAS THROUGHOUT THE EDWARD-ELMHURST HEALTHCARE SYSTEM. THE RESPONSIBILITIES OF THE VOLUNTEERS VARY, DEPENDENT ON THE AREA THEY ARE VOLUNTEERING IN AND THE PROJECTS TO BE COMPLETED. VOLUNTEERS HAVE ASSISTED WITH CLERICAL WORK, DATA ENTRY, MEETING AND GREETING, FRIENDLY VISITS, ESCORTING AND PROVIDING GENERAL INFORMATION TO PATIENTS AND VISITORS. WE TRACK OUR VOLUNTEER HOURS MONTHLY. ALL OF THE VOLUNTEERS SIGN IN AND OUT EACH SHIFT AND WE COLLECT THE SIGN IN SHEETS AT THE END OF THE MONTH. FOR THROUGHOUT THE SYSTEM, FOR 2023, OUR VOLUNTEERS GAVE 60,000 HOURS OF SERVICE. Form 990, Part III, Line 1 ORGANIZATION'S MISSION EDWARD HEALTH VENTURES FOLLOWS THE MISSION OF ENDEAVOR HEALTH. THE MISSION OF ENDEAVOR HEALTH IS TO "HELP EVERYONE IN OUR COMMUNITIES BE THEIR BEST." CENTRAL TO THIS MISSION IS A COMMITMENT TO PROVIDING CLINICAL PROGRAMS AND SERVICES THAT MEET COMMUNITY HEALTH NEEDS, WHILE ALSO PURSUING CONTINUOUS IMPROVEMENT TO IDENTIFY AND UNDERSTAND FUTURE NEEDS. Form 990, Part VI, Line 15a Process to Establish Compensation of CEO and Other Employees A DETAILED COMPENSATION REVIEW OF THE TOP EXECUTIVES, INCLUDING THE CHIEF EXECUTIVE OFFICER, IS CONDUCTED ANNUALLY. MARKET DATA IS COLLECTED AND ASSESSED BY AN EXTERNAL INDEPENDENT COMPENSATION CONSULTANT WHO SPECIALIZES IN COMPENSATION CONSULTING WITHIN THE HEALTHCARE INDUSTRY. THE WORK PRODUCT FROM THIS STUDY IS REVIEWED SEPARATELY WITH ENDEAVOR HEALTH LEGAL COUNSEL. MARKET DATA FOR BASE AND VARIABLE COMPENSATION IS ASSESSED ANNUALLY FOR INTEGRATED DELIVERY SYSTEMS AND ACADEMIC MEDICAL CENTERS THAT ARE SIMILAR IN SIZE AND COMPLEXITY. THE MARKET ASSESSMENT INCLUDES ASSESSING JOB CONTENT IN ORDER TO MAKE APPROPRIATE MARKET DATA COMPARISONS. SPECIFIC RECOMMENDATIONS ARE THEN REVIEWED, DISCUSSED AND APPROVED AS APPROPRIATE WITH THE ENDEAVOR HEALTH COMPENSATION COMMITTEE, IN SESSION WITH LEGAL COUNSEL PRESENT, IN ADVANCE OF IMPLEMENTATION. Form 990, Part VI, Line 2 Family/business relationships amongst interested persons SEAN CHOU, MARGARET DIXON HARRELL, ELIZABETH AQUINO, VALERIE CAHILL, MARK GOMEZ, MICHAEL HOFFMAN, CHRISTINE JEFFRIES, TOM S LEE, David Morrissey, RAVI NEMIVANT, ROBERT PLATT, ADAM SCHRIEDEL, RAM SHIVAKUMAR, WALTER WHANG - Business relationship Form 990, Part VI, Line 6 Classes of members or stockholders EDWARD HEALTH VENTURES' SOLE CORPORATE MEMBER IS EDWARD-ELMHURST HEALTHCARE, AN ILLINOIS NOT-FOR-PROFIT AND SECTION 501(C)(3) TAX-EXEMPT CORPORATION. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body EDWARD HEALTH VENTURES' SOLE CORPORATE MEMBER, EDWARD-ELMHURST HEALTHCARE, MAY ELECT REMOVE AND REPLACE MEMBERS OF THE BOARD OF TRUSTEES OF EDWARD HEALTH VENTURES. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders THE BOARD OF TRUSTEES OF EDWARD HEALTH VENTURES' SOLE CORPORATE MEMBER, EDWARD ELMHURST HEALTHCARE, HAS THE FOLLOWING EXCLUSIVE POWERS OVER EDWARD HEALTH VENTURES: (I) ELECT, REMOVE, AND REPLACE, TRUSTEES ON THE BOARD OF EDWARD HEALTH VENTURES. (II) INTERVENE IN ANY ACTION OR PLAN OF THE CORPORATION TO THE EXTENT THE BOARD OF TRUSTEES OF THE CORPORATE MEMBER, IN ITS SOLE DISCRETION, DEEMS IT NECESSARY TO DO SO IN ORDER TO AVOID SIGNIFICANT RISK TO THE TAX EXEMPT STATUS, LICENSURE, OR ACCREDITATION OF THE CORPORATION, THE CORPORATE MEMBER, EDWARD HOSPITAL, ANY SUBSIDIARY OR OTHER AFFILIATE OF THE CORPORATE MEMBER, OR ANY FACILITY OPERATED BY ANY OF THE FOREGOING, OR TO AVOID SIGNIFICANT LEGAL, REGULATORY OR FINANCIAL RISK TO ANY OF THEM. (III) SELECT AND APPOINT INDEPENDENT AUDITORS FOR THE CORPORATION, AND DIRECT THE PERFORMANCE OF AN ANNUAL INDEPENDENT AUDIT OF THE FINANCIAL CONDITION OF THE CORPORATION. IN ADDITION THE APPROVAL OF THE CORPORATE MEMBER SHALL BE REQUIRED TO AUTHORIZE THE FOLLOWING MATTERS: (I) THE ADOPTION, AMENDMENT, AND REPEAL OF THE AMENDED AND RESTATED ARTICLES OF INCORPORATION OF THE CORPORATION AND BYLAWS. (II) THE ADOPTION AND APPROVAL OF ANY PLAN OF DISSOLUTION OR LIQUIDATION OF THE CORPORATION, ANY PLAN OF MERGER OR CONSOLIDATION OF THE CORPORATION WITH ANOTHER CORPORATION OR OTHER ENTITY; AND/OR ANY EXCHANGE, SALE OR TRANSFER OF ANY MATERIAL PORTION OF THE ASSETS OF THE CORPORATION IN ANY TRANSACTION OR SERIES OF RELATED TRANSACTIONS. (III) THE ADOPTION, APPROVAL, AMENDMENT, RESTATEMENT OR MODIFICATION OF ANY FINANCIAL CONTROL POLICY FOR THE CORPORATION AND THE TAKING OF ANY ACTION BY OR ON BEHALF OF THE CORPORATION NOT OTHERWISE IN CONFORMANCE WITH ANY SUCH POLICY. (IV) THE AMENDMENT OR REVISION OF THE INITIAL PURPOSE AND SCOPE OF SERVICES OF THE CORPORATION, INCLUDING LOCATION, SIZE, OPERATIONS AND ACTIVITIES. (V) THE ADOPTION OF ANY AND ALL ANNUAL OPERATING AND CAPITAL BUDGETS, STRATEGIC PLANS, CAPITAL INVESTMENTS AND/OR CAPITAL ALLOCATIONS OF THE CORPORATION. (VI) THE AUTHORIZATION OR APPROVAL OF ANY LONG-TERM BORROWING OF MONEY BY THE CORPORATION, OR THE AUTHORIZATION OR APPROVAL OF ANY PREPAYMENT, IN WHOLE OR IN PART, REFINANCING, INCREASE, MODIFICATION OR EXTENSION OF ANY SUCH INDEBTEDNESS. (VII) THE GRANTING OF ANY SECURITY INTEREST IN, OR OTHERWISE PROVIDING FOR THE ENCUMBRANCE OF, ANY OF THE ASSETS OR REVENUES OF THE CORPORATION. (VIII) THE CREATION AND/OR ADDITION OF ANY DIRECT OR INDIRECT SUBSIDIARIES OR AFFILIATES OF THE CORPORATION, INCLUDING, WITHOUT LIMITATION, ANY NOT-FOR-PROFIT OR FOR-PROFIT CORPORATIONS, LIMITED LIABILITY COMPANIES, PARTNERSHIPS OR OTHER LEGAL ENTITIES. (IX) THE FILING OF A VOLUNTARY PETITION, OR ANY CONSENT TO THE INVOLUNTARY FILING OF A PETITION, BY OR ON BEHALF OF THE CORPORATION, IN BANKRUPTCY OR ANY REORGANIZATION, OR ANY APPOINTMENT OF A RECEIVER ON BEHALF OF THE CORPORATION. (X) THE SUBMISSION OF ANY APPLICATIONS, FILINGS OR MATERIAL CORRESPONDENCE TO THE ILLINOIS HEALTH FACILITIES AND SERVICES REVIEW BOARD OR ANY SUCCESSOR THERETO (THE "IHFSRB") FOR ANY PROPOSED PROJECT OR ACTIVITY OF THE CORPORATION SUBJECT TO THE JURISDICTION OF THE IHFSRB, REGARDLESS OF THE LEVEL OF CAPITAL EXPENDITURE. (XI) THE PURCHASE OR SALE BY THE CORPORATION OF ANY INTEREST IN REAL PROPERTY. Form 990, Part VI, Line 11b Review of form 990 by governing body The Form 990 was reviewed by executive management and an outside accounting firm. The Form 990 was then provided to the ENDEAVOR HEALTH'S Board of Trustees for review for the ability to ask questions of management prior to filing. Form 990, Part VI, Line 12c Conflict of interest policy All officers, directors and employees are required to report potential conflicts of interest to the Compliance Officer when his/her circumstances could create a conflict of interest, or prior to their arising, so that the health system can proactively review the report to identify actual and potential Conflicts of Interest. In addition, on an annual basis, members of the Board of Directors, Corporate Officers, and other key employees will be provided with a Conflict of Interest Questionnaire, which is used for purposes of reporting potential Conflicts of Interest. Subsequent to reporting, and depending on the nature of the matter, the Compliance Officer will review the reported information and arrive at a determination regarding the matter based upon his/her knowledge of the organization and/or in consultation with other members of management. Determinations will be reviewed with the Executive Leadership Team or designee for members of management, all categories of physicians, and the Board of Directors. Determinations will be reviewed with the Board of Directors for senior management and members of the Board of Directors. If it is determined that a Conflict of Interest exists, appropriate mitigating or remedial measures may be taken through a management plan. If a management plan has yet to be developed and the individual is involved in discussion related to his/her conflict, the individual must disclose the Conflict of Interest to those involved in the conversation and must recuse him/herself from participating in the conversation and making a decision on behalf of the health system. If this conversation takes place at a Board meeting, the minutes of the meeting should reflect the fact that the Conflict of Interest has been disclosed and the individual has recused him/herself. If the issue or circumstances cannot be adequately addressed through a management plan or if the proposed or actual arrangement is inconsistent with the health system's Guiding Principles for Conflicts of Interest, the conflict will be eliminated. Disclosure of the management plan may be made to appropriate individuals or committees, which may include patients, students, a department, group, or others as necessary. Monitoring and oversight of Conflicts of Interest and management plans will be conducted by the Executive Leadership Team. In the event that an individual engages in prohibited activities or does not provide prompt or transparent Reporting in compliance with this policy or does not comply with a determination and/or management plan, a review will be performed and appropriate corrective action may be taken, including retraining, referral for further action, termination of employment, termination of the agreement with the health system, or removal from the Board of Directors. Form 990, Part VI, Line 19 Required documents available to the public CURRENTLY, THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. IF A REQUEST IS RECEIVED FOR THIS INFORMATION, IT IS FORWARDED ON TO EITHER THE LEGAL DEPARTMENT OR THE FINANCE DEPARTMENT, AND THE MATERIALS WOULD THEN BE PROVIDED TO THE REQUESTOR. AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE EMMA (ELECTRONIC MUNICIPAL MARKET ACCESS) WEBSITE AT WWW.EMMA.MSRB.ORG. Form 990, Part VIII, Line 2f Other Program Service Revenue Behavioral Care Management - Total Revenue: 2469003, Related or Exempt Function Revenue: 2469003, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Other program service revenue - Total Revenue: 4436925, Related or Exempt Function Revenue: 4436925, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances Internal support of non-operations - -85529; Net asset transfers to affiliates - 50265950; Change in Minority Interest - 348246; Distributions from Joint Venture - 561000; EDWARD-ELMHURST HEALTHCARE 801 SOUTH WASHINGTON STREET NAPERVILLE IL 60540 363513954 Healthcare IL 501(c)(3) Type II Endeavor Health false NAPERVILLE PSYCHIATRIC VENTURES 801 SOUTH WASHINGTON STREET NAPERVILLE IL 60540 363965251 HOSPITAL IL 501(c)(3) 3 EDWARD HEALTH VENTURES true EDWARD FOUNDATION 801 SOUTH WASHINGTON STREET NAPERVILLE IL 60540 363723705 FUNDRAISING IL 501(c)(3) 7 EDWARD-ELMHURST HEALTHCARE true EDWARD HEALTH & FITNESS CENTER 801 SOUTH WASHINGTON STREET NAPERVILLE IL 60540 363555528 HEALTHCARE IL 501(c)(3) 10 EDWARD HEALTH VENTURES true EDWARD HOSPITAL 801 SOUTH WASHINGTON STREET NAPERVILLE IL 60540 363297173 HOSPITAL IL 501(c)(3) 3 EDWARD ELMHURST HEALTHCARE true EDWARD AMBULANCE SERVICES LLC 801 SOUTH WASHINGTON STREET NAPERVILLE IL 60540 452389060 HEALTHCARE IL 501(c)(3) 10 EDWARD HOSPITAL true ELMHURST MEMORIAL HOSPITAL 155 E BRUSH HILL ROAD ELMHURST IL 60126 362167784 HOSPITAL IL 501(c)(3) 3 ELMHURST MEMORIAL HEALTHCARE true ELMHURST MEMORIAL HOSPITAL FOUNDATION 155 E BRUSH HILL ROAD ELMHURST IL 60126 363083197 FUNDRAISING IL 501(c)(3) 7 ELMHURST MEMORIAL HOSPITAL true ELMHURST MEMORIAL HEALTHCARE 155 E BRUSH HILL ROAD ELMHURST IL 60126 364037473 SUPPORTING ORG IL 501(c)(3) Type II EDWARD ELMHURST HEALTHCARE true RADIATION MEDICINE INSTITUTE 3040 Salt Creek Lane Arlington Heights IL 60005 363815543 HEALTHCARE IL 501(c)(3) Type I Endeavor Health Clinical Operations true Endeavor Health Clinical Operations 3040 Salt Creek Lane Arlington Heights IL 60005 362167060 HEALTHCARE IL 501(c)(3) 3 Endeavor Health false Endeavor Health Medical Group 3040 Salt Creek Lane Arlington Heights IL 60005 363738206 HEALTHCARE IL 501(c)(3) 10 Endeavor Health Clinical Operations true SWEDISH COVENANT HEALTH 5145 N CALIFORNIA AVENUE CHICAGO IL 60625 362179813 HOSPITAL IL 501(c)(3) 3 Endeavor Health Clinical Operations true SWEDISH COVENANT HOSPITAL FOUNDATION 5145 N CALIFORNIA AVENUE CHICAGO IL 60625 205055155 SUPPORT OF SWEDISH COVENANT HOSPITAL IL 501(c)(3) 7 SWEDISH COVENANT HEALTH true NORTHWEST COMMUNITY HEALTHCARE 3040 SALT CREEK LAKE ARLINGTON HEIGHTS IL 60005 363125209 SUPPORT OF NORTHWEST COMMUNITY HEALTHCARE IL 501(c)(3) Type II Endeavor Health Clinical Operations true NORTHWEST COMMUNITY HOSPITAL 3040 SALT CREEK LANE ARLIINGTON HEIGHTS IL 60005 362340313 HOSPITAL IL 501(c)(3) 3 NORTHWEST COMMUNITY HEALTHCARE true NORTHWEST COMMUNITY HOSPITAL FOUNDATION 3040 SALT CREEK LANE ARLINGTON HEIGHTS IL 60005 363125193 FUNDRAISING IL 501(c)(3) 7 NORTHWEST COMMUNITY HEALTHCARE true Endeavor Health 3040 Salt Creek Lane Arlington Heights IL 60005 874520691 HEALTHCARE SYSTEM PARENT IL 501(c)(3) Type III-FI NA false ELMHURST OUTPATIENT SURGERY CENTER LLC 1200 S YORK ROAD SUIT 1400 ELMHURST IL 60126 364150045 SURGERY CENTER IL Elmhurst Memorial Healthcare N/A INSIGHT MEDICAL IMAGING LLC 8930 WAUKEGAN RD STE 130 MORTON GROVE IL 60053 822352016 HEALTHCARE IL EDWARD HEALTH VENTURES Related 127051 1190876 false false 0.6 MIDWEST ENDOSCOPY LLC 1243 RICKERT DRIVE NAPERVILLE IL 60540 208292570 HEALTHCARE IL EDWARD HEALTH VENTURES Related 2067882 403777 false false 0.51 RESIDENTIAL HOME HEALTH ILLINOIS LLC 5440 CORPORATE DRIVE SUITE 400 TROY MI 48098 270179825 HEALTHCARE IL NA N/A RAVINE WAY SURGERY CENTER LLC 2401 RAVINE WAY GLENVIEW IL 60025 201245279 HEALTHCARE IL Endeavor Health Clinical Operations N/A NWC DAY SURGERY CENTER II LLC 3040 SALT CREEK LANE ARLINGTON HEIGHTS IL 60005 300798249 OUTPATIENT CARE IL NORTHWEST COMMUNITY HEALTHCARE N/A NORTHWEST ENDO CENTER LLC 3040 SALT CREEK LANE ARLINGTON HEIGHTS IL 60005 812338623 SURGICAL CARE IL NWC HEALTH SERVICES INC N/A ENVISION MEDICAL IMAGING 8930 WAUKEGAN ROAD SUITE 130 MORTON GROVE IL 60053 822067179 IMAGING SERVICES IL NWC HEALTH SERVICES INC N/A RHHI Holdco LLC 400 Northpoint Circle Suite 203 Seven Fields PA 16046 873745286 Healthcare IL NA N/A IHP ACO 1100 W 31st Street Suite 300 Downers Grove IL 60515 462848987 HEALTHCARE IL Edward-Elmhurst Healthcare C Corporation false ELMHURST MEMORIAL HEALTH TECHNOLOGIES LLC 855 NORTH CHURCH COURT ELMHURST IL 60126 363229839 PRACTICE MANAGEMENT IL Elmhurst Memorial Healthcare C Corporation true EEH SPC - 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