2012-05-11T14:00:23-05:00 2011-06-30 CROWE HORWATH LLP 70 West Madison Street Suite 700 Chicago IL 606024903 990 2010-07-01 363723705 EDWARD FOUNDATION EDWA 6305273000 801 S WASHINGTON STREET NAPERVILLE IL 60540 VINCE PRYOR 2012-05-03 true 3128997000 2010 2016-02-24 21:20:13Z PAMELA MEYER DAVIS 801 S WASHINGTON STREET NAPERVILLE IL 60540 4444042 false X WWW.EDWARD.ORG X 1989 IL TO SERVE THE HEALTHCARE NEEDS OF THE NAPERVILLE AREA AND SURROUNDING COMMUNITIES BY PROVIDING FINANCIAL SUPPORT FOR PROJECTS, PROGRAMS AND SERVICES AFFILITATED WITH EDWARD HOSPITAL. 13 11 0 4 0 0 1722382 2181245 0 0 174874 230437 -134995 -134689 1762261 2276993 3594343 1407647 0 0 0 0 0 0 68101 206185 245862 3800528 1653509 -2038267 623484 6717105 8199733 171471 197276 6545634 8002457 X TO SERVE AS THE CHARITABLE FUNDRAISING ARM OF EDWARD HOSPITAL & HEALTH SERVICES. false false 114951 114951 THE FOUNDATION FUNDED THE INSTALLATION OF A SIMULATION LAB TO PROVIDE NURSES AND PHYSICIANS WITH TRAINING AND WITH SIMULATED EXPERIENCE IN RARE OR HIGHLY DIFFICULT CASES WHERE A NURSE OR PHYSICIAN MAY NEVER GET THE CHANCE TO "PRACTICE" A TECHNIQUE OR PROCEDURE UNTIL THEY ARE CONFRONTED WITH A LIVE PATIENT IN CRITICAL CONDITION. THE SIMULATION LAB INCLUDES LIFE-LIKE MANNEQUINS THAT CAN DISPLAY A RANGE OF HIGHLY REALISTIC PHYSICAL CONDITIONS AND TRAUMA IN A MEDICALLY EQUIPPED TREATMENT ROOM. THIS TECHNOLOGY ALLOWS INSTRUCTORS WHO ARE OBSERVING FROM OUTSIDE THE ROOM TO REMOTELY MANIPULATE THE PHYSICAL RESPONSE OF THE "PATIENT" BOTH IN THE MANNEQUIN AND ON THE BEDSIDE MONITIORS. THE OBSERVER CAN EVEN "SPEAK" THROUGH THE MANNEQUIN TO VOICE PAIN OR ANSWER QUESTIONS. CLINICAL STAFF IN TRAINING CAN HAVE THE MOST REALISTIC EXPERIENCE POSSIBLE, WORKING UNDER PRESSURE TO ADDESS AN EVER-CHANGING SITUATION. TRAINING SESSIONS CAN BE VIDEOTAPED TO ALLOW FOR REVIEW AND EVALUATION. TRAINING AND EXPERIENCE IN SIMULATION LAB SERVES PATIENTS WHO BENEFIT FROM FINELY TUNED TEAMWORK AND ENHANCED SKILLS FOR THEIR MEDICAL PRACTIITIONERS. 34321 34321 THE FOUNDATION FUNDED THE CARE CENTER, A CLINIC FOR THE DIAGNOSIS, TREATMENT AND LEGAL DOCUMENTATION OF SEXUALLY ABUSED CHILDREN, THE ONLY CENTER OF ITS KIND IN THE REGION, SERVING A SIX-COUNTY AREA. THE CARE CENTER WORKS AS PART OF A CONTINUUM OF CARE WITH SOCIAL SERVICE AGENCIES AND, WORKING WITH STATE'S ATTORNEYS' OFFICES, ALSO ASSISTS IN THE SUCCESSFUL PROSECUTION OF SEXUAL PREDATORS. A TOTAL OF 96 CLIENTS WERE SERVED IN CALENDAR YEAR 2010. SHORT TERM OBJECTIVES INCLUDE INCREASING CENSUS THROUGH RE-EDUCATION OF REFERRING AGENCIES AND LAW ENFORCEMENT. CONSTANT RE-TRAINING IS NEEDED BECAUSE OF STAFF TURNOVER AT THESE AGENCIES. LONGER TERM OBJECTIVES INCLUDE INCREASING THE CLINIC AVAILABILITY AS CURRENTLY THERE IS ONE CLINIC DAY PER WEEK FOR APPOINTMENTS PLUS EMERGENCY ROOM VISITS. THERE WILL ALSO BE AN EXAM ROOM ADDED IN THE PLANNED REMODELING OF THE PEDIATRICS AREA AND THIS WILL BE USED AS NEEDED TO CROSS-TRAIN PEDIATRIC NURSES TO WORK WITH SEXUAL ABUSE CASES. 24100 24100 THE NURSING PROFESSIONAL DEVELOPMENT FUND IS A VEHICLE FOR ADVANCING THEIR PRACTICE THROUGH ATTENDANCE AT ON-SITE PROGRAMS, OFF-SITE CONFERENCES AND SEMINARS AND IN-HOUSE EDUCATIONAL SESSIONS. WE CONTINUE TO FOCUS ON INCREASING THE NUMBER OF NURSES CERTIFIED IN THEIR AREA OF EXPERTISE. RESEARCH SUGGESTS THAT CERTIFICATION ENHANCES PATIENT CARE AND IMPROVES OUTCOMES. WITH THE NEW ILLINOIS NURSE PRACTICE ACT, OUR 1,200 EDWARD HOSPITAL NURSES ARE NOW REQUIRED TO EARN 20 CONTACT HOURS EVERY TWO YEARS FOR LICENSURE. THIS HAS INCREASED NURSE REQUESTS TO PARTICIPATE IN CONTINUING EDUCATION ACTIVITIES AND HAS ALSO INCREASED ATTENDANCE AT OUR INTERNAL PROGRAMS. THE NURSING PROFESSIONAL DEVELOPMENT FUND PROVIDED FUNDS FOR NURSES TO ATTEND 91 CONFERENCES AND SEMINARS IN 2010. 1234275 1234275 OTHER ACTIVITIES RELATED TO RECEIVING DONATIONS AND DISTRIBUTING FUNDS IN ACCORDANCE WITH DONOR INTENT IN SUPPORT OF 501(C)(3) HEALTH CARE ORGANIZATIONS THAT ARE AFFILIATED WITH EDWARD HEALTH SERVICES CORPORATION. 1234275 1234275 1407647 true true false false false false true false true false false false false true false false true false false false false false false true false false true true true false false false false false false false false true false false false false true false false false false true 15 0 true 0 false false false false false true true false false false false X 13 11 false false false false true true true true true false false true true true true true true true true false IL X Vince Pryor 6305273000 801 South Washington Street Naperville IL 60540 X RICHARD ANDERSON MD 1 X 0 0 0 JAY BERGAMINI DDS 1 X 0 0 0 SCOTT BERGER MD 1 X 0 40874 0 DENNIS BURKE 1 X X 0 0 0 KEVIN GENSLER 1 X 0 0 0 PHIL GRESH 1 X 0 0 0 TOM ISKALIS 1 X 0 0 0 RONALD NYBERG 1 X 0 0 0 WILLIAM PETTY 1 X 0 0 0 FRANK SLOCUMB 1 X X 0 0 0 BONNIE VALIANT 1 X 0 0 0 DON NIERMEYER 1 X 0 0 0 LESLEY POWERS 1 X 0 0 0 PAMELA DAVIS 1 X X 0 2085136 59971 NANETTE BUFALINO 1 X 0 397932 39563 BRIAN DAVIS 1 X 0 241594 36915 DENNISE VAUGHN 1 X 0 273415 30921 VINCENT PRYOR 1 X 0 357388 27469 BARBARA BYRNE MD 1 X 0 312231 33284 MAGGIE SHONTZ 0 X 0 174265 0 0 3882835 228123 0 true true false 0 0 0 594172 0 0 1587073 257373 2181245 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 166488 0 0 166488 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1992934 0 1928985 0 63949 0 63949 0 0 63949 103375 594172 238064 -134689 0 -134689 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2276993 0 0 95748 1383647 1383647 24000 24000 0 0 0 0 0 0 0 0 0 0 0 0 0 1629 1629 70541 70541 68101 68101 58873 58873 1841 1841 0 0 3304 3304 0 2529 2529 0 0 0 0 DUES & SUBSCRIPTIONS 2629 2629 EDUCATION 1945 1945 MISCELLANEOUS 34470 34470 0 0 0 0 1653509 1407647 177761 68101 0 363992 214970 733528 920279 17508 49635 0 0 0 0 5423679 6842595 0 0 108298 102154 70100 70100 6717105 8199733 48331 64294 123002 132844 138 138 171471 197276 X 5187066 6592035 966043 1017898 392525 392524 6545634 8002457 6717105 8199733 X 623484 833339 X false true true X false X 1387168 1370563 961472 1726907 2181245 7627355 0 0 1387168 1370563 961472 1726907 2181245 7627355 1136968 6490387 190836 400496 395530 184826 166488 1338176 0 86103 104525 103375 294003 9259534 0.70090 0.72650 X OTHER INCOME, PART II, LINE 10, OTHER INCOME IS COMPRISED OF GROSS RECEIPTS FROM FUNDRAISING EVENTS. THESE EVENTS INCLUDE AN ANNUAL GOLF OUTING AND GALA DINNER., RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 70100 X false 341508 22556 28579 335485 347476 22965 28933 341508 366111 -3745 14890 347476 0.00000 1.00000 0.00000 false true true 0 0 0 0 0 0 0 MALPRACTICE IBNR 138 138 2276993 1653509 623484 833339 0 833339 1456823 3893062 833339 287222 331015 1451576 2441486 -164493 -164493 2276993 1172069 287222 158349 445571 726498 927011 927011 1653509 Collections of art - description of collections Schedule D, Part III, Line 4 THE FOUNDATION MAINTAINS 3 PAINTINGS; 2 BY ARTIST R.W. ADDISON VALUED AT $30,100 AND ONE BY ARTIST EUGENE BOUDIN VALUED AT $40,000. THESE ARE ON PUBLIC DISPLAY. Intended uses of endowment funds Schedule D, Part V, Line 4 THERE ARE THREE PERMANENT ENDOWMENT FUNDS: CARDIOVASCULAR-TO BE USED FOR THE EDWARD HOSPITAL CARDIOVASCULAR PROGRAM; ANIMAL ASSISTED THERAPY-TO BE USED TO SUPPORT THE USE OF DOGS VISITING PATIENTS TO HELP RELIEVE STRESS AND IMPROVE HEALING TIMES; AND THE BOOK SCHOLARSHIP FUND - TO HELP NURSES EDUCATIONALLY BY SUPPLEMENTING THEIR FURTHER HIGHER EDUCATIONAL EXPENSES. BIG GIG DINNER 535304 465304 70000 4479 13437 0 41653 29638 95826 GOLF OUTING 162243 128868 33375 1963 5887 4500 23198 7155 10328 0 0 697547 594172 103375 6442 19324 4500 64851 36793 106154 238064 -134689 true EDWARD HOSPITAL 801 S WASHINGTON STREET NAPERVILLE IL 60540 363297173 501(C)(3) 1331662 SEE PART IV NAPERVILLE PSYCHIATRIC HEALTH VENTURES 801 S WASHINGTON STREET NAPERVILLE IL 60540 363965251 501(C)(3) 51985 SEE PART IV 2 0 SCHOLARSHIPS 14 24000 Procedures for monitoring use of grant funds Schedule I, Part I, Line 2 WHEN AWARDING GRANTS TO INDIVIDUALS, THE EDWARD FOUNDATION HAS FORMS THAT NEED TO BE FILLED OUT BY POTENTIAL RECIPIENTS. THESE FORMS INCLUDE THE REQUIREMENTS AND CRITERIA REQUIRED FOR AWARDS. THE FINAL PROCESS OF NARROWING DOWN THE LIST TO THE FINAL CANDIDATES IS BASED UPON GPA AND YEARS OF SENORITY. THERE ARE TWO GRANTS THAT ARE GIVEN OUT ANNUALLY: THE BOOK NURSING SCHOLARSHIP AWARDS, WHICH ARE FOR NURSES FURTHERING THEIR EDUCATION (10 AWARDS AT $2,000/EACH) AND STUDENT VOLUNTEER AWARDS FOR EDUCATION (4 AWARDS AT $1,000/EACH). THESE AWARDS ARE MADE DIRECTLY TO THE COLLEGES FOR EACH OF THE STUDENT'S ACCOUNTS. WHEN AWARDING GRANTS TO AFFILIATED ORGANIZATION, EDWARD HOSPITAL & NAPERVILLE PSYCHIATRIC VENTURES, ALL OF THESE AWARDS MUST BE APPROVED BY THE EXECUTIVE DIRECTOR OF THE EDWARD FOUNDATION AND THE ACCOUNTING DEPARTMENT AS TO CORRECT USAGE OF THE FUNDS FOR DESIGNATED PURPOSES IN THE RESTRICTED ACCOUNTS AND APPROVAL BY THE EDWARD FOUNDATION BOARD FOR UNRESTRICTED ACCOUNTS. GRANTS GREATER THAN $5,000 FORM 990, SCHEDULE I, LINE 1 TOTAL GRANTS TO EDWARD HOSPITAL CONSIST OF THE FOLLOWIING: - $992,454 FOR THE KIDSCARE CAPITAL CAMPAIGN - $257,750 FOR SUPPORT - $16,440 FOR IV SIMULATION EQUIPMENT - $13,238 FOR PRODUCT TRIALS FOR CENTRAL LINE PATIENTS - $12,105 FOR MUSIC THERAPY - $10,000 FOR CHAPLAIN SERVICES - $8,812 FOR THE WINGS OF HOPE SHARE GARDEN - $8,000 FOR STATSPIN CENTRIFUGES - $7,150 FOR AN IPV DEVICE - $5,713 FOR LEGACY TEACHING DOLLS FOR PEDIATRICS TOTAL GRANTS TO NAPERVILLE PSYCHIATRIC HEALTH VENTURES CONSIST OF THE FOLLOWING: - $21,235 FOR SUPPORT - $15,750 FOR ARABELLA HOUSE SCHOLARSHIPS - $15,000 FOR MENTAL HEALTH ALLIANCE TRAINING X true true X X X X X true false false false false false false false false PAMELA DAVIS 0 717979 0 615349 0 751808 0 17150 0 42821 0 2145107 0 0 NANETTE BUFALINO 0 277486 0 61477 0 58969 0 17150 0 22413 0 437495 0 0 BRIAN DAVIS 0 180695 0 42214 0 18685 0 11360 0 25555 0 278509 0 0 DENNISE VAUGHN 0 196958 0 44563 0 31894 0 15115 0 15806 0 304336 0 0 VINCENT PRYOR 0 312469 0 30232 0 14687 0 8600 0 18869 0 384857 0 0 BARBARA BYRNE MD 0 269501 0 30940 0 11790 0 9800 0 23484 0 345515 0 0 MAGGIE SHONTZ 0 0 0 9124 0 165141 0 0 0 0 0 174265 0 0 Health or social club dues or initiation fees Schedule J, Part I, Line 1a ALL EHSC EMPLOYEES ARE OFFERED A MEMBERSHIP AT THE EDWARD HEALTH & FITNESS CENTER, AN AFFILIATE OF EHSC, AS A TAXABLE EMPLOYEE BENEFIT. MEMBERS OF SENIOR MANAGEMENT (THE PRESIDENT AND VICE PRESIDENTS) ARE 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. Severance or change-of-control payment Schedule J, Part I, Line 4a THE INDIVIDUALS LISTED WERE PART OF A REDUCTION IN FORCE THAT OCCURRED DURING FISCAL YEAR 2010, BUT THEY WERE CONTRACTUALLY ENTITLED TO SEVERANCE PAYMENTS AT THEIR RATE OF PAY AT THE TIME OF TERMINATION FOR A PERIOD OF UP TO 12 MONTHS POST DISCHARGE (6 MONTHS GUARANTEED, AND AN ADDITIONAL 6 MONTHS AT FULL COMPENSATION IF NO ALTERNATE EMPLOYMENT WAS PROCURED OR TO BE OFFSET AGAINST EMPLOYMENT WHICH COMPENSATED THE INDIVIDUAL AT LESS THAN THEIR RATE OF PAY AT EDWARD); INDIVIDUALS WHO RECEIVED SEVERANCE WERE SUBJECT TO A NON-COMPETE WITHIN A CERTAIN GEOGRAPHIC RADIUS AROUND THE ORGANIZATION. MAGGIE SHONTZ RECEIVED A SEVERANCE PAYMENT OF $165,141. SUPPLEMENTAL COMPENSATION INFORMATION SCHEDULE J PART I LINE 3 EXECUTIVE COMPENSATION, INCLUDING THE PRESIDENT AND ALL OFFICERS ("SENIOR MANAGEMENT"), IS MANAGED BY THE EDWARD HEALTH SERVICES CORPORATION EXECUTIVE COMMITTEE ("COMMITTEE"), ON BEHALF OF EHSC AND ALL OF ITS AFFILIATES, INCLUDING EDWARD FOUNDATION. ON AN ANNUAL BASIS, THE COMMITTEE REVIEWS COMPENSATION ARRANGEMENTS, INCLUDING THE COMPENSATION AWARD FOR THE EDWARD FOUNDATION PRESIDENT FOR THE COMING YEAR. THE COMMITTEE 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 EXECUTIVE DIRECTOR, THIS INDIVIDUAL IS COMPENSATED WITH A COMPETITIVE BASE SALARY, ALONG WITH AN INCENTIVE PLAN, WHICH IS REFLECTIVE OF EDWARD'S MARKET, AS DETERMINED BY A REVIEW OF MARKET COMPENSATION SURVEY DATA. AT THE TIME OF HIRE, THE SALARY DETERMINATION IS MADE BY GIVING CONSIDERATION TO EXPERIENCE PERTINENT TO THE ROLE FOR WHICH THE INDIVIDUAL IS TO BE HIRED. ALSO CONSIDERED ARE NICHE SKILLS OR EXPERIENCE THIS EXECUTIVE DIRECTOR BRINGS TO THE ORGANIZATION. SUPPLY AND DEMAND WILL ALSO PLAY A ROLE IN DETERMINING THE HIRE IN RATE OF PAY. BASED ON THESE FACTORS, EHSC HUMAN RESOURCES DEPARTMENT, WHICH SUPPORTS EHSC AND ALL OF ITS AFFILIATES, INCLUDING EDWARD FOUNDATION, WILL ASSIGN THE EXECUTIVE DIRECTOR TO AN APPROPRIATE PAY GRADE, AND A RATE OF PAY WILL BE OFFERED WITHIN THAT PAY GRADE. ON AN ANNUAL BASIS, EHSC HUMAN RESOURCES WORKS WITH AN INDEPENDENT THIRD PARTY COMPENSATION CONSULTANT TO CONDUCT A THOROUGH MARKET REVIEW OF ALL POSITION WHICH ARE NOT CONSIDERED SENIOR MANAGEMENT. USING A VARIETY OF SOURCES, OUR SALARY RANGES ARE COMPARED TO THE CURRENT MARKET. PAY GRADE ASSIGNMENTS, AND INDIVIDUAL RATES OF PAY, MAY CHANGE BASED ON THE RESULTS OF THIS ANNUAL MARKET REVIEW. IN ADDITION, ANNUAL MERIT INCREASES MAY BE AWARDED BASED ON EDWARD'S BUDGET FOR THE YEAR. X 4 257373 SELLING COST X AUCTION & RAFFLE ITEMS 126 0 MARKET VALUE 0 false true false Explanation of revenues not reported Schedule M, Part I, Line 33 EDWARD FOUNDATION DID NOT REPORT REVENUE FOR THE AUCTION AND RAFFLE ITEMS BECAUSE THESE ITEMS WERE RECEIVED AS CONTRIBUTIONS AND IMMEDIATELY AWARDED AS AUCTION/RAFFLE PRIZES DURING FUNDRAISING EVENTS. Description of other program services Form 990, Part III, Line 4d OTHER ACTIVITIES RELATED TO RECEIVING DONATIONS AND DISTRIBUTING FUNDS IN ACCORDANCE WITH DONOR INTENT IN SUPPORT OF 501(C)(3) HEALTH CARE ORGANIZATIONS THAT ARE AFFILIATED WITH EDWARD HEALTH SERVICES CORPORATION. Classes of members or stockholders Form 990, Part VI, Section A, Line 6 EDWARD FOUNDATION'S SOLE CORPORATE MEMBER IS EDWARD HEALTH SERVICES CORPORATION, AN ILLINOIS NOT FOR PROFIT AND 501(C)(3) TAX EXEMPT CORPORATION. Members or stockholders electing members of governing body Form 990, Part VI, Section A, Line 7a EDWARD FOUNDATION'S SOLE CORPORATE MEMBER, EDWARD HEALTH SERVICES CORPORATION, MAY ELECT, REMOVE AND REPLACE MEMBERS OF THE BOARD OF DIRECTORS OF EDWARD FOUNDATION. Decisions requiring approval by members or stockholders Form 990, Part VI, Section A, Line 7b THE BOARD OF DIRECTORS OF EDWARD FOUNDATION'S CORPORATE MEMBER, EDWARD HEALTH SERVICES CORPORATION ("EHSC"), HAS THE FOLLOWING EXCLUSIVE POWERS OVER EDWARD FOUNDATION ("FOUNDATION"): - ELECT, REMOVE, AND REPLACE, DIRECTORS OF THE FOUNDATION. - APPROVE AMENDMENTS TO THE ARTICLES OF INCORPORATION PROPOSED BY THE BOARD OF DIRECTORS OF THE FOUNDATION. - APPROVE A PLAN OF DISSOLUTION OR LIQUIDATION OF THE FOUNDATION OR A PLAN OF MERGER OR CONSOLIDATION OF THE FOUNDATION WITH ANOTHER CORPORATION. IN ADDITION, THE FOUNDATION BOARD OF DIRECTORS MAY NOT TAKE ANY OF THE ACTIONS LISTED BELOW, WITHOUT OBTAINING THE PRIOR APPROVAL OF EHSC: - ADOPT, OR PERMIT THE ADOPTION OF, ANY ANNUAL OR LONG TERM CAPITAL OR OPERATIONAL BUDGET OF THE FOUNDATION OR OF ANY AFFILIATE OR SUBSIDIARY OF THE FOUNDATION; - ADOPT, OR PERMIT THE ADOPTION OF, ANY VARIANCE FROM ANY ANNUAL OR LONG TERM CAPITAL OR OPERATIONAL BUDGET OF THE FOUNDATION OR OF ANY AFFILIATE OR SUBSIDIARY OF THE FOUNDATION PREVIOUSLY APPROVED BY EHSC WHICH WOULD RESULT IN THE EXPENDITURE OF FUNDS EXCEEDING IN THE AGGREGATE DURING THE RELEVANT TERM OF ANY SUCH BUDGET THE GREATER OF TEN PERCENT (10%) OF THE TOTAL BUDGETED OPERATING EXPENSES OR SUCH DOLLAR LIMIT AS EHSC MAY ESTABLISH BY RESOLUTION AT THE TIME IT APPROVES SUCH BUDGET; - AUTHORIZE OR PERMIT THE FOUNDATION OR ANY AFFILIATE OR SUBSIDIARY OF THE FOUNDATION TO ENTER INTO ANY CONTRACT WHICH IS NOT PROVIDED FOR IN AN ANNUAL OR LONG TERM CAPITAL OR OPERATIONAL BUDGET APPROVED BY EHSC WHERE THE AMOUNT INVOLVED EXCEEDS IN THE AGGREGATE ONE HUNDRED THOUSAND DOLLARS ($100,000) OR SUCH OTHER DOLLAR LIMIT AS THE EHSC MAY ESTABLISH BY RESOLUTION AT THE TIME IT APPROVES SUCH BUDGET; - ADOPT, OR PERMIT THE ADOPTION OF, ANY NEW, OR ANY SUBSTANTIVE CHANGES TO THE STRATEGIC PLANS OF THE FOUNDATION OR OF ANY AFFILIATE OR SUBSIDIARY OF THE FOUNDATION; - ADOPT, OR PERMIT THE ADOPTION OF, ANY NEW, OR ANY SUBSTANTIVE CHANGES TO THE MARKETING PLANS OF THE FOUNDATION OR OF ANY AFFILIATE OR SUBSIDIARY OF THE FOUNDATION; - AUTHORIZE THE FOUNDATION OR ANY AFFILIATE OR SUBSIDIARY OF THE FOUNDATION TO ENTER INTO ANY TRANSACTION PROVIDING FOR OR REQUIRING A CERTIFICATE OF NEED WHICH IS NOT PROVIDED FOR IN AN ANNUAL CAPITAL OR OPERATIONAL BUDGET APPROVED BY EHSC; - ORGANIZE OR ACQUIRE, OR AUTHORIZE OR PERMIT THE ORGANIZATION OR ACQUISITION OF, ANY AFFILIATE OR SUBSIDIARY OF THE FOUNDATION; - APPROVE, OR PERMIT THE APPROVAL OF, ANY LONG TERM BORROWING OF MONEY FOR CAPITAL NEEDS BY THE FOUNDATION OR BY ANY AFFILIATE OR SUBSIDIARY OF THE FOUNDATION; AND - APPROVE, OR PERMIT THE APPROVAL OF, ANY CONTRIBUTIONS, GRANTS OR LOANS TO ENTITIES OTHER THAN EHSC. Review of form 990 by governing body Form 990, Part VI, Section B, Line 11a A DRAFT OF THE FULL FORM 990 WAS PROVIDED TO THE EDWARD HEALTH SERVICES CORPORATION AUDIT COMMITTEE, AND WAS REVIEWED WITH THE ASSISTANCE OF CROWE HORWATH. FOLLOWING REVIEW BY THE AUDIT COMMITTEE, AND PRIOR TO FILING, A FINAL COPY OF THE FORM 990 WAS THEN PROVIDED TO THE FULL BOARD OF TRUSTEES, AND KEY COMPONENTS OF THE FORM 990 WERE ALSO REVIEWED. Conflict of interest policy Form 990, Part VI, Section B, Line 12c EDWARD HEALTH SERVICES CORPORATION, ON BEHALF OF ITSELF AND ALL AFFILIATES INCLUDING EDWARD FOUNDATION, MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY THROUGH ANNUAL REPORTING, AND ONGOING EDUCATION. EACH YEAR, EHSC CONDUCTS AN ANNUAL CONFLICT OF INTEREST REVIEW. THIS PROCESS INVOLVES REQUIRING ALL TRUSTEES, OFFICERS, KEY EMPLOYEES, CONTRACTED PHYSICIANS AND PHYSICIANS IN LEADERSHIP ROLES, AND MANAGEMENT LEVEL EMPLOYEES TO COMPLETE AN ELECTRONIC CONFLICT OF INTEREST QUESTIONNAIRE. THE DATA ARE REPORTED BACK TO THE DIRECTOR OF COMPLIANCE AND PRIVACY, WHO ASSESSES THE REPORTED CONFLICTS TO DETERMINE WHETHER THEY REQUIRE ANY FOLLOW-UP ACTION, INCLUDING DIVESTITURE OF ANY BUSINESS INTEREST OR POSSIBLE TERMINATION OF ANY BUSINESS RELATIONSHIP. THE DIRECTOR OF COMPLIANCE AND PRIVACY ENSURES THAT ALL REQUIRED INDIVIDUALS SUBMIT A COMPLETED QUESTIONNAIRE, AND IF NO REPORT IS COMPLETED, THE MATTER IS REPORTED TO THE BOARD OF TRUSTEES. THE BOARD OF TRUSTEES IS ALSO PROVIDED A SUMMARY REPORT OF ALL ACTUAL OR POTENTIAL CONFLICTS OF INTEREST, SO THAT THEY ARE AWARE OF THESE RELATIONSHIPS AS THE BUSINESS OF THE BOARD IS BEING CONDUCTED. IN CASES WHERE AN ACTUAL OR POTENTIAL CONFLICT 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 DIRECTOR OF COMPLIANCE AND PRIVACY ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST AS THEY MAY ARISE THROUGHOUT THE COURSE OF THE YEAR. Process used to establish compensation of top management official Form 990, Part VI, Section B, Line 15a FORM 990, PART VI, QUESTION 15A AND 15B EXECUTIVE COMPENSATION, INCLUDING THE CEO AND ALL OFFICERS ("SENIOR MANAGEMENT"), IS MANAGED BY THE EHSC EXECUTIVE COMMITTEE ("COMMITTEE"), ON BEHALF OF EHSC AND ALL OF ITS AFFILIATES, INCLUDING EDWARD FOUNDATION. ON AN ANNUAL BASIS, THE COMMITTEE REVIEWS COMPENSATION ARRANGEMENTS, INCLUDING THE COMPENSATION AWARD FOR THE EDWARD FOUNDATION PRESIDENT/CEO FOR THE COMING YEAR. THE COMMITTEE 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 COMMITTEE ONLY IF AND TO THE EXTENT NECESSARY TO ANSWER QUESTIONS AND PROVIDE OTHER INFORMATION THE COMMITTEE NEEDS FOR ITS ANALYSIS, ASSESSMENT AND DELIBERATIONS, AND THEY MUST OTHERWISE RECUSE THEMSELVES FROM COMMITTEE MEETINGS DURING COMMITTEE DEBATE AND VOTING ON COMPENSATION ARRANGEMENTS. - THE COMMITTEE CONFIRMS PRIOR TO COMMENCEMENT OF THE ANNUAL REVIEW THAT NO OTHER MEMBER OF THE COMMITTEE HAS A CONFLICT OF INTEREST WITH REGARD TO THE COMPENSATION MATTERS ADDRESSED IN THE REVIEW. ANY MEMBER IDENTIFIED AS HAVING A CONFLICT SHALL PARTICIPATE IN THE PROCESS ONLY TO THE SAME EXTENT AS MEMBERS OF SENIOR MANAGEMENT. - THE COMMITTEE CONDUCTS THE REVIEW WITH THE ASSISTANCE OF AN EXPERIENCED AND INDEPENDENT COMPENSATION FIRM, WHO SHALL SUMMARIZE ITS ANALYSIS AND FINDINGS IN WRITING TO THE EXECUTIVE COMMITTEE. - THE COMMITTEE OBTAINS AND RELIES UPON CURRENT, COMPARABLE MARKET COMPENSATION DATA FOR 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 EHSC; CURRENT COMPENSATION SURVEYS COMPILED BY AN INDEPENDENT FIRM; AND ACTUAL WRITTEN OFFERS FROM SIMILAR ORGANIZATIONS COMPETING FOR THE SERVICES OF THE MEMBERS OF SENIOR MANAGEMENT. - THE EXECUTIVE COMMITTEE ALSO ADEQUATELY AND PROMPTLY DOCUMENTS ITS DECISION. THE DOCUMENTATION STATES THE INTENTION TO QUALIFY 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. IT ALSO REFLECTS THE STEPS TAKEN BY THE COMMITTEE TO CONFIRM THE ABSENCE OF CONFLICTS ON THE PART OF ANY COMMITTEE MEMBER AND TO MEET THE FOREGOING REQUIREMENTS CONCERNING THE NATURE AND EXTENT OF PARTICIPATION OF ANY CONFLICTED COMMITTEE MEMBER OR MEMBERS OF SENIOR MANAGEMENT. IN ADDITION, THE EXECUTIVE COMMITTEE PERIODICALLY REVIEWS THE EXECUTIVE COMPENSATION PLAN, INCLUDING THE PHILOSOPHY, FOR (A) COMPLIANCE WITH APPLICABLE LAWS AND REGULATIONS, AND (B) ALIGNMENT WITH EHSC'S MISSION, CHARITABLE PURPOSES, GOALS AND STRATEGIES. BASED ON THE REVIEW, THE COMMITTEE DEVELOPS AND RECOMMENDS TO THE FULL BOARD FOR ITS APPROVAL CHANGES IN ONE OR MORE COMPONENTS OF THE PLAN OR THE PLAN PHILOSOPHY THAT THE COMMITTEE CONSIDERS NECESSARY AND APPROPRIATE RELATIVE TO ONE OR BOTH OF THESE CRITERIA. AS FOR THE EXECUTIVE DIRECTOR, THIS INDIVIDUAL IS COMPENSATED WITH A COMPETITIVE BASE SALARY, ALONG WITH AN INCENTIVE PLAN, WHICH IS REFLECTIVE OF EDWARD'S MARKET, AS DETERMINED BY A REVIEW OF MARKET COMPENSATION SURVEY DATA. - AT THE TIME OF HIRE, THE SALARY DETERMINATION IS MADE BY GIVING CONSIDERATION TO EXPERIENCE PERTINENT TO THE ROLE FOR WHICH THE INDIVIDUAL IS TO BE HIRED. ALSO CONSIDERED ARE NICHE SKILLS OR EXPERIENCE THIS EXECUTIVE DIRECTOR BRINGS TO THE ORGANIZATION. SUPPLY AND DEMAND WILL ALSO PLAY A ROLE IN DETERMINING THE HIRE IN RATE OF PAY. BASED ON THESE FACTORS, EHSC HUMAN RESOURCES DEPARTMENT, WHICH SUPPORTS EHSC AND ALL OF ITS AFFILIATES, INCLUDING EDWARD FOUNDATION, WILL ASSIGN THE EXECUTIVE DIRECTOR TO AN APPROPRIATE PAY GRADE, AND A RATE OF PAY WILL BE OFFERED WITHIN THAT PAY GRADE. - ON AN ANNUAL BASIS, EHSC HUMAN RESOURCES 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, OUR SALARY RANGES ARE COMPARED TO THE CURRENT MARKET. PAY GRADE ASSIGNMENTS, AND INDIVIDUAL RATES OF PAY, MAY CHANGE BASED ON THE RESULTS OF THIS ANNUAL MARKET REVIEW. IN ADDITION, ANNUAL MERIT INCREASES MAY BE AWARDED BASED ON EDWARD'S BUDGET FOR THE YEAR. Process used to establish compensation of other officers/key employees Form 990, Part VI, Section B, Line 15b PLEASE SEE THE NARRATIVE TO FORM 990, PART VI, LINE 15A. Public Disclosure Form 990, Part VI, Section C, Line 19 CURRENTLY, THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS 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. Average hours worked per week for related organization Form 990, Part VII, Section A, Column B PAMELA DAVIS - PAM DAVIS DEVOTES APPROXIMATELY 35 HOURS PER WEEK TO THE RELATED TAX-EXEMPT ORGANIZATION EDWARD HEALTH SERVICES CORPORATION APPROXIMATELY 1 HOUR PER WEEK TO EACH OF THE RELATED TAX-EXEMPT ORGANIZATIONS: EDWARD HOSPITAL, EDWARD HEALTH AND FITNESS CENTER, EDWARD HEALTH VENTURES AND NAPERVILLE PSYCHIATRIC HOSPITAL NANETTE BUFALINO - NANETTE BUFFALINO DEVOTES APPROXIMATELY 35 HOURS PER WEEK TO THE RELATED TAX-EXEMPT ORGANIZATION EDWARD HEALTH SERVICES CORPORATION APPROXIMATELY 1 HOUR PER WEEK TO EACH OF THE RELATED TAX-EXEMPT ORGANIZATIONS: EDWARD HOSPITAL, EDWARD HEALTH AND FITNESS CENTER, EDWARD HEALTH VENTURES AND NAPERVILLE PSYCHIATRIC HOSPITAL BRIAN DAVIS - BRIAN DAVIS DEVOTES APPROXIMATELY 35 HOURS PER WEEK TO THE RELATED TAX-EXEMPT ORGANIZATION EDWARD HEALTH SERVICES CORPORATION AND APPROXIMATELY 1 HOUR PER WEEK TO EACH OF THE RELATED TAX-EXEMPT ORGANIZATIONS: EDWARD HOSPITAL, EDWARD HEALTH AND FITNESS CENTER, EDWARD HEALTH VENTURES, AND NAPERVILLE PSYCHIATRIC HOSPITAL. DENNISE VAUGHN - DENNISE VAUGHN DEVOTES APPROXIMATELY 35 HOURS PER WEEK TO THE RELATED TAX-EXEMPT ORGANIZATION EDWARD HEALTH SERVICES CORPORATION AND APPROXIMATELY 1 HOUR PER WEEK TO EACH OF THE RELATED TAX-EXEMPT ORGANIZATIONS: EDWARD HOSPITAL, EDWARD HEALTH AND FITNESS CENTER, EDWARD HEALTH VENTURES AND NAPERVILLE PSYCHIATRIC HOSPITAL VINCENT PRYOR - VINCE PRYOR DEVOTES APPROXIMATELY 35 HOURS PER WEEK TO THE RELATED TAX-EXEMPT ORGANIZATION EDWARD HEALTH SERVICES CORPORATION APPROXIMATELY 1 HOUR PER WEEK TO EACH OF THE RELATED TAX-EXEMPT ORGANIZATIONS: EDWARD HOSPITAL, EDWARD HEALTH AND FITNESS CENTER, EDWARD HEALTH VENTURES AND NAPERVILLE PSYCHIATRIC HOSPITAL BARBARA BYRNE, MD - BARBARA BYRNE DEVOTES APPROXIMATELY 35 HOURS PER WEEK TO THE RELATED TAX-EXEMPT ORGANIZATION EDWARD HEALTH SERVICES CORPORATION AND APPROXIMATELY 1 HOUR PER WEEK TO EACH OF THE RELATED TAX-EXEMPT ORGANIZATIONS: EDWARD HOSPITAL, EDWARD HEALTH AND FITNESS CENTER, EDWARD HEALTH VENTURES AND NAPERVILLE PSYCHIATRIC HOSPITAL. Other changes in net assets or fund balances Form 990, Part XI, Line 5 NET UNREALIZED GAINS (LOSSES) ON INVESTMENTS - 833339; EDWARD HOSPITAL 801 SOUTH WASHINGTON STREET NAPERVILLE IL 60540 363297173 HOSPITAL IL 501(C)(3) 3 EHSC false NAPERVILLE PSYCHIATRIC VENTURES 801 SOUTH WASHINGTON STREET NAPERVILLE IL 60540 363965251 HOSPITAL IL 501(C)(3) 3 EHV false EDWARD HEALTH AND FITNESS CENTER 801 SOUTH WASHINGTON STREET NAPERVILLE IL 60540 363555528 HEALTH CARE IL 501(C)(3) 9 EHV false EDWARD HEALTH VENTURES 801 SOUTH WASHINGTON STREET NAPERVILLE IL 60540 581672987 SUPPORTING ORG IL 501(C)(3) 11 - Type II EHSC false EDWARD HEALTH SERVICES CORPORATION 801 SOUTH WASHINGTON STREET NAPERVILLE IL 60540 363513954 PARENT IL 501(C)(3) 11 - Type II NA false EDWARD AMBULANCE SERVICES LLC 801 SOUTH WASHINGTON NAPERVILLE IL 60540 452389060 HEALTH CARE IL 501(C)(3) 11 - Type II EH false EDWARD PHYSICIAN OFFICE CENTER 801 SOUTH WASHINGTON STREET NAPERVILLE IL 60540 HEALTH CARE IL N/A THE CENTER FOR SURGERY LP 801 SOUTH WASHINGTON STREET NAPERVILLE IL 60540 HEALTH CARE IL N/A EDWARD MANAGEMENT CORPORATION 801 SOUTH WASHINGTON STREET NAPERVILLE IL 60540 363833311 MANAGEMENT CORP IL EHV C CORPORATION NAPERVILLE HEALTH CARE ASSOC LTD 801 SOUTH WASHINGTON STREET NAPERVILLE IL 60540 363651180 HEALTH CARE IL EH C CORPORATION EHSC CAYMAN SEGREGATED PORTFOLIO 1ST CARIBBEAN HSE 3RD FL 10 MAIN ST GEORGE TOWN CJ INSURANCE CJ EHSC C CORPORATION ILLINOIS HEALTH PARTNERS LLC 801 SOUTH WASHINGTON NAPERVILLE IL 60540 HEALTH CARE IL EHSC C CORPORATION false true false false false false false false false false false true true true true false true false