2022-11-11T13:32:11-06:00 2021-12-31 990 2021-07-01 581672987 Edward Health Ventures EDWA 6305273000 801 S Washington Street Naperville IL 60540 DENISE CHAMBERLAIN EVP, CHIEF FINANCIAL OFFICER 2022-11-11 Denise Chamberlain 999009999 2021 2022-09-23 18:48:47Z Mary L Mastro 801 S Washington Street Naperville IL 60540 72129789 false X WWW.EEHEALTH.ORG X 1986 IL THE MISSION OF EDWARD HEALTH VENTURES IS TO SUPPORT AND ENCOURAGE HEALTHCARE AND RELATED SERVICES. 8 4 1354 0 -323386 0 4851173 44220 129910511 72085569 7912526 0 0 142674210 72129789 0 0 144780800 77691119 0 0 76681686 41913786 221462486 119604905 -78788276 -47475116 124858655 136057032 74003242 71008330 50855413 65048702 X TO SUPPORT HEALTH AND STRENGTHEN COMMUNITIES BY PROVIDING OUTSTANDING HEALTH CARE SERVICES. false false 95656484 65499898 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 9 PHYSICIAN PRACTICE LOCATIONS INCLUDING NAPERVILLE, WOODRIDGE, PLAINFIELD, ST. CHARLES, YORKVILLE, MOKENA, OAK PARK AND ELMHURST. 3912481 2296179 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. 251525 EDWARD HEALTH VENTURES INVESTS IN OUTPATIENT CLINICS AND SURGERY CENTERS, INCLUDING PLAINFIELD SURGERY CENTER, DMG SURGICAL CENTER AND NORTHERN ILLINOIS SURGERY CENTER. 4361353 4361353 99568965 true true 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 false false false false false false false true true true false false true 59 0 true 1354 true true true false false false false false false false false false false false X 8 4 false false false false true true true true true false false true true true true true true true true true true IL X Denise Chamberlain 6305273000 4201 Winfield Road Warrenville IL 60555 Christine Jeffries Chairperson/Trustee 1.0 1.0 X X 0 0 0 Daniel Sullivan Co-Chief Physician Exec 1.0 39.0 X X 0 817952 11838 Joseph Dant Pres,Edward Hosp&Sth Institute 1.0 39.0 X X 0 723180 150069 Mary L Mastro CEO, South Region 1.0 39.0 X X 0 2157201 36767 Josh McBroom Trustee 1.0 1.0 X 0 0 0 Valerie Cahill Trustee 1.0 2.0 X 0 0 0 Yvette M Saba System VP Ops/Trustee 1.0 38.0 X 0 463183 114578 Ahmed El-Ganzouri Deputy General Counsel/Assistant Secretary 1.0 39.0 X 0 397822 13283 Chris J Mollet System Chief Legal Officer 1.0 39.0 X 0 977533 20806 Denise Chamberlain CFO, South Region 1.0 39.0 X 0 910157 143852 Jason Ogden AVP, Corp Control & Treas Mgmt/Assistant Treasurer 1.0 39.0 X 0 357970 41362 Jeffrey D Friant VP, Finance/ Assistant Treasurer 1.0 39.0 X 0 518935 25321 Arvind Ramanathan Svc Line Dir, Medical Group Ops 1.0 39.0 X 0 166354 40408 John Klosowski Svc Line Dir, Medical Group Ops 40.0 0 X 208567 0 17640 Katie G McGovern VP Medical Group Ops, Sth Regn 1.0 39.0 X 0 366480 65683 Laura L Eslick System VP Ops/Chairperson 40.0 X 0 437842 109999 Maureen Kunz AVP, CNO LOH 1.0 39.0 X 0 212362 39493 Beatrice Klade Physician 40.0 0 X 784758 0 37158 Brian Myre Physician, EHV 40.0 0 X 1013459 0 23347 Christine Gresik Physician, EHV 40.0 0 X 974505 0 15892 George Salti MD Physician, EHV 40.0 0 X 981324 0 46110 Vicente Arcos Physician EHV 40.0 0 X 869777 0 42399 Gina M Sharp Pres, LOH Behav Hlth Institute 1.0 39.0 X 0 492986 46376 Jean T Lydon CNE 1.0 39.0 X 0 453074 95320 Kristi Devalk-Caswick Dir, Practice Ops 39.0 1.0 X 172326 0 10325 Laura Jones Dir, Physician Pract Rev Cycle 20.0 20.0 X 161676 25940 9694 Michael P Mckenna Svs Line Dir, Onc & Palliative Care, Surg Svs 1.0 39.0 X 0 253809 39699 5166392 9732779 1197418 345 true true false NORTHWESTERN MED FACULTY FOUNDATION 676 N ST CLAIR SUITE 2210 CHICAGO IL 60611 CONTRACT FOR NEUROSURGEON SERVICES 6786668 Boncura Health Solutions 1100 31ST STREET DOWNERS GROVE IL 60515 PHYSICIAN BILLING SERVICES 6053314 RYAN COMPANIES US INC 533 S THIRD STREET MINNEAPOLIS MN 55415 Construction Management 3720217 Broadstone Net Lease LLC 800 CLINTON SQUARE ROCHESTER NY 60085 Rental Services 1611425 CANON MEDICAL SYSTEMS USA INC 2441 MICHELLE DRIVE TUSTIN CA 92780 HEALTHCARE EQUIPMENT 1278366 8 44220 44220 Patient Service Revenue 621990 65499898 65499898 Medical Building Rent Revenue 900099 2296179 2296179 Investment in Healthcare Ventures 621400 -71861 251525 -323386 IHP Distributions 900099 1361644 1361644 MDVIP Revenue 900099 585720 585720 2413989 2413989 0 0 72085569 0 0 0 0 0 0 0 0 0 72129789 72408955 -323386 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 67667796 64323075 3344721 0 0 0 0 0 6854358 6515557 338801 0 3168965 3012328 156637 0 14430627 0 14430627 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8166557 8075192 91365 0 13760 13760 0 0 7361831 7288213 73618 0 0 0 0 0 0 0 0 0 5518014 5281702 236312 0 23053 12218 10835 0 0 0 0 0 0 0 0 0 582250 0 582250 0 0 0 0 0 2918260 2509704 408556 0 2545747 2189342 356405 0 Licenses 0 0 0 0 Repairs and Maintenance 308172 305090 3082 0 Dues and Subscriptions 45515 42784 2731 0 EDUCATION 0 0 0 0 0 0 0 0 119604905 99568965 20035940 0 0 0 0 0 -112045 -2660851 15415176 10981678 0 0 0 0 684595 952293 179351766 90124017 78181125 89227749 0 3865062 3793203 57321 1281 26767421 33761679 124858655 136057032 30905046 22789143 0 0 43098196 48219187 74003242 71008330 50855413 65048702 50855413 65048702 124858655 136057032 X -47475116 61668405 X false true X true true true X X X 4 EDWARD HOSPITAL 363297173 3 true 0 76994254 NAPERVILLE PSYCHIATRIC VENTURES DBA LINDEN OAKS HOSPITAL 363965251 3 true 0 8224971 EDWARD HEALTH AND FITNESS CENTER 363555528 9 true 0 4586775 Elmhurst Memorial Hospital 362167784 3 true 0 777719 4 0 90583719 true false false false false false false false false false false false false false false false Schedule A, Part I, Line 12f 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., 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. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14532247 14439400 28971647 131115404 81820570 49294834 17899447 8303447 9596000 1365268 1365268 89227749 DUE FROM AFFILIATES 549646 Leasehold Improvements 33212033 33761679 Due to affiliates 16275041 Rental Deposits 1500 Professional & General Liability 1635520 Operating Lease Obligation net 30307126 48219187 X 72129789 0 0 72129789 0 0 72129789 119604905 0 0 119604905 0 0 119604905 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote EDWARD-ELMHURST HEALTHCARE, EDWARD HOSPITAL, EDWARD HEALTH VENTURES, EDWARD HEALTH AND FITNESS CENTER, EDWARD FOUNDATION, NAPERVILLE PSYCHIATRIC VENTURES, EDWARD AMBULANCE SERVICES, ELMHURST MEMORIAL HOSPITAL, ELMHURST MEMORIAL FOUNDATION, AND ELMHURST MEMORIAL HEALTHCARE ARE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ON INCOME RELATED TO THEIR EXEMPT PURPOSES. ACCORDINGLY, THERE IS NO MATERIAL PROVISION FOR INCOME TAX FOR THESE ENTITIES. Certain entities had unrelated business income generated primarily from the sale of certain services that are not directly related to patient care and through limited partnerships within the portfolio. THE CORPORATION AND ITS AFFILIATES APPLY ASC TOPIC 740, INCOME TAXES, WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN A COMPANY S FINANCIAL STATEMENTS. ASC TOPIC 740 PRESCRIBES A MORE-LIKELY THAN-NOT RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN. UNDER ASC TOPIC 740, TAX POSITIONS ARE EVALUATED FOR RECOGNITION, DERECOGNITION, AND MEASUREMENT USING CONSISTENT CRITERIA AND PROVIDE MORE INFORMATION ABOUT THE UNCERTAINTY IN INCOME TAX ASSETS AND LIABILITIES. AS OF DECEMBER 31, 2021 AND JUNE 30, 2021, THE CORPORATION AND ITS AFFILIATES DO NOT HAVE AN ASSET OR LIABILITY RECORDED FOR UNRECOGNIZED TAX POSITIONS. X X true true X X X X true true false false false false false true false Joseph Dant Pres,Edward Hosp&Sth Institute 0 477272 0 225235 0 20673 0 120097 0 29972 0 873249 0 0 Mary L Mastro CEO, South Region 0 957378 0 837479 0 362344 0 13000 0 23767 0 2193968 0 0 Daniel Sullivan Co-Chief Physician Exec 0 487578 0 207136 0 123238 0 0 0 11838 0 829790 0 0 Yvette M Saba System VP Ops/Trustee 0 316334 0 126809 0 20040 0 80784 0 33794 0 577760 0 0 Denise Chamberlain CFO, South Region 0 532607 0 309860 0 67690 0 131441 0 12411 0 1054009 0 0 Ahmed El-Ganzouri Deputy General Counsel/Assistant Secretary 0 273000 0 123982 0 840 0 12304 0 979 0 411105 0 0 Jeffrey D Friant VP, Finance/ Assistant Treasurer 0 318106 0 122399 0 78429 0 13000 0 12321 0 544256 0 0 Chris J Mollet System Chief Legal Officer 0 472618 0 331968 0 172947 0 13000 0 7806 0 998338 0 0 Jason Ogden AVP, Corp Control & Treas Mgmt/Assistant Treasurer 0 260656 0 72178 0 25136 0 13000 0 28362 0 399331 0 0 Kristi Devalk-Caswick Dir, Practice Ops 147503 0 16365 0 8458 0 7005 0 3320 0 182651 0 0 0 Laura Jones Dir, Physician Pract Rev Cycle 142193 25853 18733 0 751 86 7614 0 1760 320 171050 26260 0 0 Jean T Lydon CNE 0 290047 0 127510 0 35517 0 71421 0 23898 0 548393 0 0 Michael P Mckenna Svs Line Dir, Onc & Palliative Care, Surg Svs 0 209948 0 24499 0 19362 0 10916 0 28783 0 293508 0 0 Gina M Sharp Pres, LOH Behav Hlth Institute 0 288262 0 135571 0 69154 0 13000 0 33376 0 539362 0 0 Laura L Eslick System VP Ops/Chairperson 0 306143 0 120372 0 11327 0 78223 0 31776 0 547842 0 0 John Klosowski Svc Line Dir, Medical Group Ops 164796 0 19621 0 24149 0 8386 0 9253 0 226207 0 0 0 Maureen Kunz AVP, CNO LOH 0 178917 0 20229 0 13215 0 9591 0 29902 0 251855 0 0 Katie G McGovern VP Medical Group Ops, Sth Regn 0 244438 0 80424 0 41618 0 62976 0 2707 0 432162 0 0 Arvind Ramanathan Svc Line Dir, Medical Group Ops 0 145917 0 19621 0 816 0 6880 0 33528 0 206762 0 0 Vicente Arcos Physician EHV 776762 0 1944 0 91071 0 13000 0 29399 0 912176 0 0 0 Christine Gresik Physician, EHV 957159 0 0 0 17346 0 13000 0 2892 0 990396 0 0 0 Beatrice Klade Physician 692409 0 0 0 92350 0 13000 0 24158 0 821917 0 0 0 Brian Myre Physician, EHV 1006078 0 135 0 7246 0 13000 0 10347 0 1036807 0 0 0 George Salti MD Physician, EHV 975348 0 0 0 5976 0 13000 0 33110 0 1027434 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 Executive compensation, including the Edward Health Ventures President and all officers of the system known as Edward-Elmhurst Healthcare ("Senior Management") is managed by the Edward-Elmhurst Healthcare ("EEH") Board of Trustees ("Board"), on behalf of EEH and all of its affiliates. On an annual basis, the Board reviews compensation arrangements, including the compensation award for the Edward Health Ventures President for the coming year. The Board conducts the review in a manner that will qualify for the rebuttable presumption of reasonableness under the Intermediate Sanction Rules of Section 4958 of the Internal Revenue Code. As for the Edward Health Ventures President, the President is compensated with a competitive base salary, along with an incentive plan which is reflective of EEH's market, as determined by a review of market compensation survey data. For more information about the review and determination of executive compensation, see description in Schedule O in response to Form 990, Part VI, Section B, Line 15. Schedule J, Part I, Line 4a Severance or change-of-control payment Organization: Edward Health Ventures (EIN: 58-1672987) Terms: Compensation paid as a result of a severance from the position(s) listed. Interested person: William G. Kottmann 132,063 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 INTERESTED PERSONS RECEIVED DEFERRALS TO THE SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) IN 2021; THESE DEFERRALS ARE INCLUDED IN SCHEDULE J, PART II, COLUMN (C). Chamberlain, Denise 118,441 Dant, Joseph C 107,097 Eslick, Laura 65,223 Lydon, Jean 58,421 McGovern, Katie 50,520 Saba, Yvette 67,784 THE FOLLOWING INTERESTED PERSONS RECEIVED DISTRIBUTIONS FROM THE SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) IN 2021; THESE PAYMENTS ARE INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(III) AND SCHEDULE J, PART II, COLUMN (F), AS APPLICABLE. Friant, Jeffrey D. 67,443 Mastro, Mary 269,240 Mollet, Chris J 103,277 Sharp, Gina 61,354 Sullivan, Daniel 97,097 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. Form 990, Part I, Line 10 INVESTMENT INCOME INVESTMENTS ARE HELD IN A POOLED ACCOUNT BY EDWARD-ELMHURST HEALTHCARE. ALL INVESTMENT INCOME (LOSS) IS RETAINED BY EDWARD-ELMHURST HEALTHCARE WITH THE EXCEPTION OF A PORTION ALLOCATED TO EDWARD FOUNDATION. 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. THROUGHOUT THE SYSTEM, FOR THE SIX-MONTH PERIOD ENDED DECEMBER 31, 2021, OUR VOLUNTEERS GAVE APPROXIMATELY 33,500 HOURS OF SERVICE. Form 990, Part III, Line 4d Description of other program services (Expenses $ including grants of $)(Revenue $ 4,361,353) Form 990, Part VI, Line 1a Executive Committee The organization's governing body delegates broad authority to act on its behalf to the Executive Committee of Edward Elmhurst Healthcare. The Executive Committee shall have and exercise the authority of the Board of Trustees in the management of the Corporation and have those duties, responsibilities and authority as may be prescribed by the Board of Trustees from time to time. The Executive Committee shall review and/or develop the strategic plan(s) for the Corporation and its Affiliated Entities, taking into account the mission of the Corporation, and recommend same for approval, or approval with modifications, to the Board of Trustees. The role of the Executive Committee shall include, but not be limited to, the following: (i) the identification of individuals who may be nominated and elected to serve as new Trustees or as Chairperson, Vice Chairperson or President; (ii) the education of new Trustees; (iii) the review and evaluation of the President; (iv) the review and approval of any and all executive compensation plans for the Corporation and the Affiliate Entities; and (v) the review and approval of any transactions involving the acquisition of physician practices/groups and/or joint ventures or transactions with physicians or physician practices/ groups. The Executive Committee consists of 6 voting members-the Edward Elmhurst Healthcare System CEO and 5 other independent members of the community. All 6 of these individuals are voting members of the Edward Elmhurst Healthcare Board of Trustees. 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 A draft of the full form 990 was made available to the Edward-Elmhurst Regional Board of Directors for review prior to filing. Form 990, Part VI, Line 12c Conflict of interest policy EDWARD-ELMHURST HEALTHCARE, ON BEHALF OF ITSELF AND ALL AFFILIATES, MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY THROUGH ANNUAL REPORTING, AND ONGOING EDUCATION. EACH YEAR, EDWARD-ELMHURST HEALTHCARE CONDUCTS AN ANNUAL CONFLICT OF INTEREST REVIEW. THIS PROCESS INVOLVES REQUIRING ALL TRUSTEES, OFFICERS, KEY EMPLOYEES, EMPLOYED PHYSICIANS, CERTAIN OTHER PHYSICIANS, AND MANAGEMENT LEVEL EMPLOYEES TO COMPLETE AN ELECTRONIC CONFLICT OF INTEREST QUESTIONNAIRE. THE SYSTEM DIRECTOR OF INTERNAL AUDIT AND CORPORATE COMPLIANCE FACILITATES THE COMPLETION OF A QUESTIONNAIRE BY ALL REQUIRED INDIVIDUALS, AND IF NO QUESTIONNAIRE IS COMPLETED, THE MATTER IS REPORTED TO THE INDIVIDUAL'S SUPERVISOR UP TO AND INCLUDING THE BOARD OF TRUSTEES. Disclosures made on the questionnaire are evaluated by individuals in a position to evaluate the arrangement and may include the individual's supervisor, the General Counsel and members of Medical Staff and Operational Leadership. Disclosures made by trustees and officers are reviewed with the Executive Committee of the Board of Trustees. The evaluations may result in actions being taken up to and including the development of a management plan accepted by the individual making the disclosure or termination of the disclosed relationship or conflict. IN CASES WHERE AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST IS IDENTIFIED, THE CONFLICTED INDIVIDUAL IS EDUCATED ABOUT HOW THEY SHOULD RAISE THIS ISSUE IF THEY ARE EVER IN A POSITION WHERE THEIR CONFLICT MAY BE IMPLICATED. CONFLICTED INDIVIDUALS MUST RECUSE THEMSELVES FROM VOTING, BUT, AT THE DISCRETION OF THE BOARD, MAY BE PERMITTED TO PARTICIPATE IN DISCUSSION ABOUT MATTERS IN WHICH THEY HAVE AN ACTUAL OR APPARENT CONFLICT. IN ADDITION TO THIS ANNUAL REPORTING, ALL INDIVIDUALS NOTED ABOVE ARE ADVISED THAT, PURSUANT TO THE CONFLICTS POLICY, THEY ARE REQUIRED TO REPORT TO THE SYSTEM DIRECTOR OF INTERNAL AUDIT AND CORPORATE COMPLIANCE ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST AS THEY MAY ARISE THROUGHOUT THE COURSE OF THE YEAR. Form 990, Part VI, Line 15a Process to establish compensation of top management official Executive compensation, including the President and all officers of Edward-Elmhurst Healthcare ("Senior Management") is managed by the Edward-Elmhurst Healthcare ("EEH") Board of Trustees ("Board"), on behalf of EEH and all its affiliates. On an annual basis, the Board reviews compensation arrangements with the assistance of a third-party compensation consultant. The Board conducts the review in a manner that will qualify for the rebuttable presumption of reasonableness under the Intermediate Sanction Rules of Section 4958 of the Internal Revenue Code. To that end: - The CEO and all other members of Senior Management may participate in this review process and be present at meetings of the Board only if and to the extent necessary to answer questions and provide other information the Board needs for its analysis, assessment, and deliberations, and they must otherwise recuse themselves from Board meetings during Board debate and voting on compensation arrangements. - Any Board member identified as having a conflict shall participate in the process only to the same extent as members of Senior Management. - The Board conducts the review with the assistance of an experienced and independent compensation firm, which summarizes its analysis and findings in writing to the Board. - The Board obtains and relies on current comparable market compensation data from appropriate peer organizations for each compensation component prior to making its determination. Relevant information will include compensation levels paid by similarly situated organizations, both taxable and tax-exempt, for functionally comparable positions; the availability of similar services in the geographic area served by EEH; current compensation survey compiled by an independent firm; and, where applicable, actual written offers from similar organizations competing for the services for the members of Senior Management. - The Board also adequately and promptly documents its decision. The documentation states its intention to quality for the rebuttable presumption of reasonableness; the specific terms of the compensation arrangement that were approved; the approval date; the names of the individuals present and those who voted; the specific comparability data obtained and relied upon; and an explanation as to why the approved amounts are considered reasonable if the terms of the compensation arrangement differ from the comparability data. In addition, the Board periodically reviews the Executive Compensation Plan, including the philosophy, for (a) compliance with applicable laws and regulations, and (b) alignment with EEH's mission, charitable purposes, goals, and strategies. Based on the review, the Board approves any changes in one or more components of the plan or the plan philosophy that the Board considers necessary and appropriate relative to one or both criteria. Other individuals who are officers or key employees, but are not a part of EEH Senior Management, are compensated with a competitive base salary, along with an incentive plan, which is reflective of EEH's market as determined by a review of independently gathered market compensation survey data. At the time of hire, the salary determination is made by considering the experience pertinent to the role for which the individual is to be hired, also considered are niche skills or experience the individual brings to the organization. Supply and demand will also play a role in determining the hiring rate of pay. Based on these factors, the EEH Human Resources department, which supports EEH and all its affiliates, will assign the key employee to an appropriate pay grade, and a rate of pay will be offered within that pay grade. On a periodic basis, the EEH Human Resources Department works with an independent third-party compensation consultant to conduct a thorough market review of all positions which are not considered Senior Management. Using a variety of sources, EEH salary ranges are compared to the current market pay grade assignments, and individual rate of pay may change based on the results of this annual market review. In additional, annual merit increases may be awarded based on EEH's budget for the year. Form 990, Part VI, Line 15b Process to establish compensation of other employees PLEASE SEE THE NARRATIVE TO FORM 990, PART VI, SEC B, LINE 15A. 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 1e GOVERNMENT GRANTS FUNDS RECEIVED FROM DEPARTMENT OF HEALTH AND HUMAN SERVICES AS A RESULT OF THE AMERICAN RESCUE PLAN AND FUNDS RECEIVED FROM ILLINOIS EMERGENCY MANAGEMENT AGENCY. Form 990, Part VIII, Line 2f Other Program Service Revenue Other Operating Revenue - Total Revenue: 2413989, Related or Exempt Function Revenue: 2413989, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; - Total Revenue: , Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part X, Line 14 INTANGIBLE ASSETS INTANGIBLE ASSETS WHOSE LIVES ARE INDEFINITE ARE NOT AMORTIZED AND ARE EVALUATED FOR IMPAIRMENT AT LEAST ANNUALLY, WHILE INTANGIBLE ASSETS WITH DEFINITE LIVES, PRIMARILY NONCOMPETE AGREEMENTS, ARE AMORTIZED OVER THEIR EXPECTED USEFUL LIVES. Form 990, Part XI, Line 9 Other changes in net assets or fund balances Distribution from Affiliates - 749701; Transfer from Affiliates - 61574210; Change in MI - 680133; Minority Interest - Joint Ventures - -1130939; Other Non-operating Activity - -204700; EDWARD-ELMHURST HEALTHCARE 801 SOUTH WASHINGTON STREET NAPERVILLE IL 60540 363513954 SYSTEM PARENT IL 501(c)(3) Type II NA false NAPERVILLE PSYCHIATRIC VENTURES 801 SOUTH WASHINGTON STREET NAPERVILLE IL 60540 363965251 HOSPITAL IL 501(c)(3) 3 EHV true EDWARD FOUNDATION 801 SOUTH WASHINGTON STREET NAPERVILLE IL 60540 363723705 FUNDRAISING IL 501(c)(3) 7 EEH false EDWARD HEALTH & FITNESS CENTER 801 SOUTH WASHINGTON STREET NAPERVILLE IL 60540 363555528 HEALTH CARE IL 501(c)(3) 10 EHV true EDWARD HOSPITAL 801 SOUTH WASHINGTON STREET NAPERVILLE IL 60540 363297173 HOSPITAL IL 501(c)(3) 3 EEH false EDWARD AMBULANCE SERVICES LLC 801 SOUTH WASHINGTON NAPERVILLE IL 60540 452389060 HEALTH CARE IL 501(c)(3) 10 EH false ELMHURST MEMORIAL HOSPITAL 155 E BRUSH HILL ROAD ELMHURST IL 60126 362167784 HOSPITAL IL 501(c)(3) 3 EMHC false ELMHURST MEMORIAL HOSPITAL FOUNDATION 155 E BRUSH HILL ROAD ELMHURST IL 60126 363083197 FUNDRAISING IL 501(c)(3) 7 EMH false ELMHURST MEMORIAL HEALTHCARE 155 E BRUSH HILL ROAD ELMHURST IL 60126 364037473 SUPPORTING ORG IL 501(c)(3) Type II EEH false CYBERKNIFE CENTER OF CHICAGO LLC PO BOX 19532 IRVINE CA 92623 264331429 SURGERY CENTER IL NA N/A DMG SURGICAL CENTER LLC 2725 South Technology Drive Lombard IL 60148 371474161 SURGERY CENTER IL EHV Unrelated 94595 5147849 false false 0.125 ELMHURST OUTPATIENT SURGERY CENTER LLC 1200 S YORK ROAD SUIT 1400 ELMHURST IL 60126 364150045 SURGERY CENTER IL NA N/A INSIGHT MEDICAL IMAGING LLC 8930 WAUKEGAN RD STE 130 MORTON GROVE IL 60053 822352016 HEALTHCARE IL EHV Related -67880 1742456 false false 0.6 MIDWEST ENDOSCOPY LLC 1243 RICKERT DRIVE NAPERVILLE IL 60540 208292570 HEALTHCARE IL EHV Related 1528060 573855 false false 0.51 PLAINFIELD SURGERY CENTER LLC 24600 W 127TH ST BLD C PLAINFIELD IL 60585 300391104 SURGERY CENTER IL EHV Unrelated -88605 1405565 false false 0.27 RESIDENTIAL HOME HEALTH ILLINOIS LLC 5440 CORPORATE DRIVE SUITE 400 TROY MI 48098 270179825 HEALTHCARE IL NA N/A RESIDENTIAL HOSPICE ILLINOIS LLC 5440 CORPORATE DRIVE SUITE 400 TROY MI 48098 454745710 HEALTHCARE IL NA N/A SALT CREEK SURGERY CENTER 550 w OGDEN AVE STE 100 HINSDALE IL 605213186 364419691 SURGERY CENTER IL EHV Related 468842 0 false false 0.3 IHP ACO Suite 300 1100 W 31st Street Downers Grove IL 60515 462848987 HEALTHCARE IL NA C Corporation false ELMHURST MEMORIAL HEALTH TECHNOLGIES LLC 855 NORTH CHURCH COURT ELMHURST IL 60126 363229839 PRACTICE MANAGEMENT IL NA C Corporation false EEH SPC - SEGREGATED PORTFOLIO A GOVERNORS SQUARE BLDG 4 FLOOR 2 LIME TREE BAY GRAND CAYMAN CJ KY11002 INSURANCE CJ NA C Corporation false EEH SPC - SEGREGATED PORTFOLIO B GOVERNORS SQUARE BLDG 4 FLOOR 2 LIME TREE BAY GRAND CAYMAN CJ KY11002 981185160 INSURANCE CJ NA C Corporation false true false false false false false false false false true false true true true true false false false true MIDWEST ENDOSCOPY LLC S 1887000 ACTUAL