ENDEAVOR HEALTH: Form 990EZ, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- ENDEAVOR HEALTH (EIN 87-4520691)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-13
- IRS object ID
- 202313179349203561
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-13T12:31:10+00:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 861065772 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Deloitte Tax LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 South Wacker Drive | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 874520691 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NS-EE Holdings | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NS-E | BusinessNameControlTxt |
| Phone | 8475702000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1301 Central Street | AddressLine1Txt |
| City | Evanston | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60201 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Douglas D Welday | PersonNm |
| Person Title | Corporate Treasurer | PersonTitleTxt |
| Phone | 8475702000 | PhoneNum |
| Signature | 2023-11-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Douglas | PersonFirstNm |
| Person Last | Welday | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Monika Yadav | PreparerPersonNm |
| PTIN | P01473820 | PTIN |
| Phone | 3124861000 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Website Address | N/A | WebsiteAddressTxt |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Gross Receipts | $0 | GrossReceiptsAmt |
| Contributions Gifts Grants Etc | $0 | ContributionsGiftsGrantsEtcAmt |
| Program Service Revenue | $0 | ProgramServiceRevenueAmt |
| Membership Dues | $0 | MembershipDuesAmt |
| Investment Income | $0 | InvestmentIncomeAmt |
| Sale Of Assets Gross | $0 | SaleOfAssetsGrossAmt |
| Cost Or Other Basis Expense Sale | $0 | CostOrOtherBasisExpenseSaleAmt |
| Gain Or Loss From Sale Of Assets | $0 | GainOrLossFromSaleOfAssetsAmt |
| Gaming Gross Income | $0 | GamingGrossIncomeAmt |
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Special Events Direct Expenses | $0 | SpecialEventsDirectExpensesAmt |
| Special Events Net Income Loss | $0 | SpecialEventsNetIncomeLossAmt |
| Gross Sales Of Inventory | $0 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
| Gross Profit Loss Sls Of Invntry | $0 | GrossProfitLossSlsOfInvntryAmt |
| Other Revenue Total | $0 | OtherRevenueTotalAmt |
| Total Revenue | $0 | TotalRevenueAmt |
| Grants And Similar Amounts Paid | $0 | GrantsAndSimilarAmountsPaidAmt |
| Benefits Paid To Or For Members | $0 | BenefitsPaidToOrForMembersAmt |
| Salaries Other Comp Empl Bnft | $0 | SalariesOtherCompEmplBnftAmt |
| Fees And Other Pymt To Ind Cntrct | $0 | FeesAndOtherPymtToIndCntrctAmt |
| Occupancy Rent Utlts And Maint | $0 | OccupancyRentUtltsAndMaintAmt |
| Printing Publications Postage | $0 | PrintingPublicationsPostageAmt |
| Other Expenses Total | $0 | OtherExpensesTotalAmt |
| Total Expenses | $0 | TotalExpensesAmt |
| Excess Or Deficit For Year | $0 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $0 | NetAssetsOrFundBalancesBOYAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Net Assets Or Fund Balances EOY | $0 | NetAssetsOrFundBalancesEOYAmt |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Land And Buildings LandAndBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total Detail OtherAssetsTotalDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Sum Of Total Liabilities SumOfTotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Primary Exempt Purpose | The purpose of NS-EE Holdings is to serve as the parent entity of each of NorthShore University HealthSystem and Edward-Elmhurst Health. In furtherance of this purpose, NS-EE Holdings supports and encourages community-focused health care and related services through providing financial, management, and other assistance to its subsidiary entities. | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Program Srvc Accom | See Schedule O. | DescriptionProgramSrvcAccomTxt |
| Grants And Allocations | $0 | GrantsAndAllocationsAmt |
| Program Service Expenses | $0 | ProgramServiceExpensesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $0 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (27 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|
| Gerald P Gallagher | ||||
| President & Chief Executive Officer, Director | 1.000 | $0 | $0 | $0 |
| David F Zucker | ||||
| Chairperson and Director | 1.000 | $0 | $0 | $0 |
| Rocco Martino | ||||
| Vice Chairperson and Director | 1.000 | $0 | $0 | $0 |
| Elizabeth Aquino | ||||
| Director | 1.000 | $0 | $0 | $0 |
| David Atchison | ||||
| Director | 1.000 | $0 | $0 | $0 |
| Sean Chou | ||||
| Director | 1.000 | $0 | $0 | $0 |
| Toure Claiborne | ||||
| Director | 1.000 | $0 | $0 | $0 |
| A Steven Crown | ||||
| Director | 1.000 | $0 | $0 | $0 |
| Connie Duckworth | ||||
| Director | 1.000 | $0 | $0 | $0 |
| Guy W Eisenhuth | ||||
| Director | 1.000 | $0 | $0 | $0 |
| William M Farrow | ||||
| Director | 1.000 | $0 | $0 | $0 |
| Ann K Ford | ||||
| Director | 1.000 | $0 | $0 | $0 |
| Catherine Guthrie | ||||
| Director | 1.000 | $0 | $0 | $0 |
| Margaret Dixon Harrell | ||||
| Director | 1.000 | $0 | $0 | $0 |
| Gregory K Jones | ||||
| Director | 1.000 | $0 | $0 | $0 |
| Harry M Jansen Kraemer | ||||
| Director | 1.000 | $0 | $0 | $0 |
| Mary Kay Ladone | ||||
| Director | 1.000 | $0 | $0 | $0 |
| Ronald Nyberg | ||||
| Director | 1.000 | $0 | $0 | $0 |
| Christopher J Olson | ||||
| Director | 1.000 | $0 | $0 | $0 |
| Bea Reyna-Hickey | ||||
| Director | 1.000 | $0 | $0 | $0 |
| Timothy Rivelli | ||||
| Director | 1.000 | $0 | $0 | $0 |
| Ronald L Schubel | ||||
| Director | 1.000 | $0 | $0 | $0 |
| Mary R Sheahan | ||||
| Director | 1.000 | $0 | $0 | $0 |
| Ram Shivakumar | ||||
| Director | 1.000 | $0 | $0 | $0 |
| John G Zern | ||||
| Director | 1.000 | $0 | $0 | $0 |
| Douglas D Welday | ||||
| Corporate Treasurer | 1.000 | $0 | $0 | $0 |
| Chris Mollet | ||||
| Corporate Secretary | 1.000 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | Yes (true) | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | false | OrganizationHadUBIInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Direct Indirect Pltcl Expend | $0 | DirectIndirectPltclExpendAmt |
| Form1120 Pol Filed | false | Form1120PolFiledInd |
| Made Loans To From Officers | false | MadeLoansToFromOfficersInd |
| Tax Imposed Under IRC4911 | $0 | TaxImposedUnderIRC4911Amt |
| Tax Imposed Under IRC4912 | $0 | TaxImposedUnderIRC4912Amt |
| Tax Imposed Under IRC4955 | $0 | TaxImposedUnderIRC4955Amt |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Christine E Erdmann | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3040 Salt Creek Lane | AddressLine1Txt |
| City | Arlington Heights | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60005 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8476184606 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Foreign Office | false | ForeignOfficeInd |
| Donor Advised Fnds | false | DonorAdvisedFndsInd |
| Operate Hospital | false | OperateHospitalInd |
| Tanning Services Provided | false | TanningServicesProvidedInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| School Operating | false | SchoolOperatingInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Other Employee Paid Over100k | 0 | OtherEmployeePaidOver100kCnt |
| Filed Schedule A | Yes (true) | FiledScheduleAInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type3 Func Int | Yes (X) | SupportingOrgType3FuncIntInd |
| IRS Written Determination | Yes (X) | IRSWrittenDeterminationInd |
| Supported Organizations | 12 | SupportedOrganizationsCnt |
Supported Org Information SupportedOrgInformationGrp (12 entries)
| EINEIN | Organization TypeOrganizationTypeCd | Governing Document ListedGoverningDocumentListedInd | SupportSupportAmt | Other SupportOtherSupportAmt |
|---|---|---|---|---|
| NorthShore University HealthSystem | ||||
| 362167060 | 3 | Yes (true) | $0 | $0 |
| Northwest Community Hospital | ||||
| 362340313 | 3 | Yes (true) | $0 | $0 |
| Northwest Community Hospital Foundation | ||||
| 363125193 | 7 | Yes (true) | $0 | $0 |
| Swedish Covenant Hospital Foundation | ||||
| 205055155 | 7 | Yes (true) | $0 | $0 |
| Swedish Covenant Health | ||||
| 362179813 | 3 | Yes (true) | $0 | $0 |
| Edward Hospital | ||||
| 363297173 | 3 | Yes (true) | $0 | $0 |
| Naperville Psychiatric Ventures | ||||
| 363965251 | 3 | Yes (true) | $0 | $0 |
| Elmhurst Memorial Hospital | ||||
| 362167784 | 3 | Yes (true) | $0 | $0 |
| Elmhurst Memorial Hospital Foundation | ||||
| 363083197 | 7 | Yes (true) | $0 | $0 |
| Edward Health and Fitness Center | ||||
| 363555528 | 9 | Yes (true) | $0 | $0 |
| Edward Foundation | ||||
| 363723705 | 7 | Yes (true) | $0 | $0 |
| Edward Ambulance Services LLC | ||||
| 452389060 | 9 | Yes (true) | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 12 | SupportedOrganizationsTotalCnt |
| Support Sum | $0 | SupportSumAmt |
| Other Support Sum | $0 | OtherSupportSumAmt |
Form990 Sch A Supporting Org Form990SchASupportingOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Listed By Name Governing Doc | Yes (true) | ListedByNameGoverningDocInd |
| Suprt Org No IRS Determination | false | SuprtOrgNoIRSDeterminationInd |
| Supported Org Section C456 | false | SupportedOrgSectionC456Ind |
| Supported Org Not Organized US | false | SupportedOrgNotOrganizedUSInd |
| Organization Change Suprt Org | Yes (true) | OrganizationChangeSuprtOrgInd |
| Support Non Supported Org | false | SupportNonSupportedOrgInd |
| Payment Substantial Contribtr | false | PaymentSubstantialContribtrInd |
| Loan Disqualified Person | false | LoanDisqualifiedPersonInd |
| Controlled Disqualified Prsn | false | ControlledDisqualifiedPrsnInd |
| Disqualified Prsn Controll Int | false | DisqualifiedPrsnControllIntInd |
| Disqualified Prsn Ownr Int | false | DisqualifiedPrsnOwnrIntInd |
| Excess Business Holdings Rules | false | ExcessBusinessHoldingsRulesInd |
| Contribution Controller | false | ContributionControllerInd |
| Contribution Family | false | ContributionFamilyInd |
| Contribution35 Controlled | false | Contribution35ControlledInd |
Form990 Sch A Type3 Sprt Org All Form990SchAType3SprtOrgAllGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timely Provided Documents | Yes (true) | TimelyProvidedDocumentsInd |
| Officers Close Relationship | Yes (true) | OfficersCloseRelationshipInd |
| Supported Org Voice Investment | Yes (true) | SupportedOrgVoiceInvestmentInd |
Form990 Sch A Type3 Func Int Form990SchAType3FuncIntGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Parent Supported Org | Yes (X) | ParentSupportedOrgInd |
| Appoint Elect Majority Officer | Yes (true) | AppointElectMajorityOfficerInd |
| Exercise Direction Policies | Yes (true) | ExerciseDirectionPoliciesInd |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule A, Part IV, Section A, Line 5a Added, Substituted, or Removed Sup. Org. | NS-EE Holdings was incorporated to serve as the parent of a newly-integrated health care system, which was created through an affiliation between Edward-Elmhurst Health and NorthShore University HealthSystem. The affiliation was implemented as of January 1, 2022 and NS-EE Holdings became operational as of that date. The governing documents were amended on January 13, 2022 and listed the Supported Organizations by name, as follows: - NorthShore University HealthSystem (EIN: 36-2167060) - Northwest Community Hospital (EIN: 36-2340313) - Northwest Community Hospital Foundation (EIN: 36-3125193) - Swedish Covenant Hospital Foundation (EIN: 20-5055155) - Swedish Covenant Health (EIN: 36-2179813) - Edward Hospital (EIN: 36-3297173) - Naperville Psychiatric Ventures (EIN: 36-3965251) - Elmhurst Memorial Hospital (EIN: 36-2167784) - Elmhurst Memorial Hospital Foundation (EIN: 36-3083197) - Edward Health and Fitness Center (EIN: 36-3555528) - Edward Foundation (EIN: 36-3723705) - Edward Ambulance Services LLC (EIN: 45-2389060) |
| Schedule A, Part IV, Section D, Line 3 Supp. Org. Have Significant Voice In Investment Policies | NS-EE Holdings was incorporated to serve as parent of a newly-integrated health care system, which was created through an affiliation between Edward-Elmhurst Health and NorthShore University HealthSystem. The affiliation was implemented as of January 1, 2022, and NS-EE Holdings became operational as of that date. The officers, directors, or trustees of the Supported Organizations have a significant voice in the investment policies, the timing and making of grants, the selection of grant recipients, and in otherwise directing the use of NS-EE Holdings' income or assets based on the close and continuous relationship between NS-EE Holdings and the Supported Organizations. For instance, the management personnel for the Supported Organizations are, in some cases, the same individuals holding corporate or administrative officer positions with respect to NS-EE Holdings, and in all other cases, are directly or indirectly accountable to NS-EE Holdings' corporate or administrative officers. Additionally, NS-EE Holdings will provide administrative services on a Health System-wide basis, including as to each of the Supported Organizations. This will ensure that there is regular communication and coordination between NS-EE Holdings and the Supported Organizations regarding the needs of the Health System and the Supported Organizations, and that the officers, directors, or trustees of the Supported Organizations will have a significant voice in the investment policies, the timing and making of grants, the selection of grant recipients, and in otherwise directing the use of NS-EE Holdings' income or assets. |
| Schedule A, Part IV, Section E, Line 3a Power To Appoint/Elect Majority of Officer/Director/Trustee | NS-EE Holdings serves as the parent of the Supported Organizations and controls the appointment and removal of the governing boards and officers of the Supported Organizations. |
| Schedule A, Part IV, Section E, Line 3b Substantial Direction Over Policies/Programs/Activities | Under revised governing documents adopted by the Supported Organizations, Edward-Elmhurst Health and NorthShore University HealthSystem, NS-EE Holdings holds substantial reserved powers over the Supported Organizations. Specifically, the President & CEO of NS-EE Holdings (or his/her designees) will exercise the following powers, unless such powers are otherwise reserved to the NS-EE Holdings Board of Directors: - Develop, approve and modify annual operating and capital budgets and strategic plans for the Supported Organizations for ratification by the Board of Directors; - Determine all material changes in the clinical programs and services to be provided by the Supported Organizations, including the establishment, expansion, reconfiguration, reduction or discontinuation of clinical programs and services; - Any discontinuation of a "category of service" (as defined by the Illinois Health Facilities Services Review Board) and any closure or permanent repurposing of any material licensed health care facility owned or operated by the Supported Organizations; - Initiate and/or approve amendments or restatements of the governing documents of the Supported Organizations; - Establish or change existing medical education programs; - Approve indebtedness and unbudgeted capital or operating expenditures above a designated dollar threshold set for the Supported Organizations by NS-EE Holdings from time to time; - Establish, amend or terminate third-party payor relationships of the Supported Organizations; - Approve ordinary course of business contractual relationships between the Supported Organizations and a third party involving: (1) consideration in excess of a designated dollar threshold set for the Supported Organizations by NS-EE Holdings from time to time, (2) a restrictive covenant applicable to the Supported Organizations; or (3) a term in excess of three (3) years that cannot be terminated without cause; - Approve any changes to any of the NS-EE Holdings' (subject to the powers delegated to the Compensation Committee of the Board of Directors) or Supported Organizations' employee benefit or compensation plans or executive agreements; - Approve any agreement involving the licensing of trademarks or intellectual property to or from a third party; - Hire, terminate and evaluate the terms of employment for each Supported Organization's President and Chief Executive Officer, as applicable for each Supported Organization; - Approve any real property acquisitions, dispositions or lease transactions of the Supported Organizations above a designated dollar threshold set for the Supported Organizations by NS-EE Holdings from time to time, as well as any mortgage or encumbrance of real property of the Supported Organizations above a designated dollar threshold set for the Supported Organizations by NS-EE Holdings from time to time; - Evaluate and approve any acquisition, affiliation, joint venture, merger, corporate consolidation or restructuring, sale of all or substantially all of the assets or similar transaction by or involving the Supported Organizations, as well as any dissolution, liquidation or termination of any affiliation or joint venture by or involving the Supported Organizations; - Select the auditor for, and approval of all audits of, the Supported Organizations subject to the powers delegated to the Audit Committee of the Board of Directors; - Select outside legal counsel and approve any waiver, settlement or compromise of any legal proceeding, suit, claim, regulatory or other action involving NS-EE Holdings or the Supported Organizations if the amount in controversy is in excess of a designated dollar threshold set for the Supported Organizations by NS-EE Holdings from time to time; - Approve the filing of any petition for bankruptcy of NS-EE Holdings or any Supported Organization; - Approve the nomination and/or remove with cause any member of the board of directors of any Supported Organization; - Establish and ensure implementation of system-wide standards that protect and enhance the Supported Organizations' brands; - Establish and ensure implementation of financial goals and standards that protect and enhance the operations of the Supported Organizations; - Establish centralized compliance and corporate responsibility programs for the Supported Organizations; and - Determine the extent to which and the manner in which the powers described in this section which are reserved to NS-EE Holdings with respect to the Supported Organizations are to be exercised by one or more of the NS-EE Holdings' Supported Organizations. The foregoing restrictions apply to the Supported Organizations as well as to direct and indirect subsidiaries (whether not-for-profit or for-profit) of the Supported Organizations, to the extent a controlled direct or indirect subsidiary holds the power to direct or control the matters described in these reserved powers. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990-EZ, Part III, Exempt Purpose PRIMARY EXEMPT PURPOSE | The purpose of NS-EE Holdings is to serve as the parent entity of each of NorthShore University HealthSystem and Edward-Elmhurst Health. In furtherance of this purpose, NS-EE Holdings supports and encourages community-focused health care and related services through providing financial, management, and other assistance to its subsidiary entities. |
| Form 990-EZ, Part V, Line 34 Changes to governing documents | The governing documents were amended on January 13, 2022 to indicate the purpose of NS-EE Holdings is to serve as the parent entity of each NorthShore University HealthSystem and Edward-Elmhurst Health. The articles of incorporation were amended to list the Supported Organizations by name. |
| Form 990EZ, Part III, Line 28 Description of Program Services | NS-EE Holdings was incorporated to serve as the parent of a newly-integrated health care system, which was created through an affiliation between Edward-Elmhurst Health and NorthShore University HealthSystem. The affiliation was implemented as of January 1, 2022 and NS-EE Holdings became operational as of that date. |
Comments