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Thorek Memorial Hospital

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 366000085 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Thorek Memorial Hospital?

Thorek Memorial Hospital is a Chicago-based institution dedicated to delivering quality healthcare services regardless of race, creed, sex, national origin, disability, age, or ability to pay. With a commitment to serving their community, they provide essential medical care to individuals in need, offering free or subsidized services to those unable to pay. Their mission encompasses providing patient care, promoting wellness, and supporting education. Thorek Memorial Hospital is proud of its caring and cost-effective approach, striving to meet the needs of patients, physicians, employees, and the community. They aim to provide quality services, encourage employee excellence, and act as a responsible member of their community and the healthcare delivery system.


Official website here: www.thorek.org

Is Thorek Memorial Hospital legitimate?

Thorek Memorial Hospital is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thorek Memorial Hospital submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $2,429,437
Professional Fundraising Fees: $0
Other Salaries and Wages: $33,409,186

For more financial information, click here


Official website here: www.thorek.org

What is the mission statement of Thorek Memorial Hospital?

Thorek Memorial Hospital is dedicated to delivering quality patient care and promoting wellness. The institution is committed to serving its patients, physicians, employees, and community by providing appropriate and cost-effective services. Thorek Memorial Hospital strives for excellence among its employees and supports education. It also aims to act responsibly within its community and the healthcare delivery system. The hospital's mission includes providing quality services and encouraging employee excellence.


Official website here: www.thorek.org

Who is the CEO of Thorek Memorial Hospital?

Tim Heinrich is the Coo & Corp Svcs. of Thorek Memorial Hospital.


Official website here: www.thorek.org

What is the revenue of Thorek Memorial Hospital?

Thorek Memorial Hospital's revenue in 2022 was $124,803,046.


Official website here: www.thorek.org

Who are the executives of Thorek Memorial Hospital and what are their salaries?

The average compensation at Thorek Memorial Hospital during 2022 was $48,106. There are 745 employees and 6 volunteers at Thorek Memorial Hospital.

Here are 16 key members and their salaries:

    Edward Budd (President)
  • Compensation: $500,159
  • Related: $0
  • Other: $17,329

    • Peter Kamberos (Coo & Corp Svcs.) [Trustee/Director]
  • Compensation: $506,212
  • Related: $0
  • Other: $1,284

    • Philip Gorelick Md (Chief Medical Officer) [Trustee/Director]
  • Compensation: $443,176
  • Related: $0
  • Other: $321

    • John Hunniford Md (Physician)
  • Compensation: $431,854
  • Related: $0
  • Other: $6,901

    • Tim Heinrich (Cfo)
  • Compensation: $370,470
  • Related: $0
  • Other: $17,329

    • Steven Sclamberg Md (Physician)
  • Compensation: $350,438
  • Related: $0
  • Other: $6,892

    • Genevieve Presbitero (Chief Nursing Officer)
  • Compensation: $323,330
  • Related: $0
  • Other: $7,543

    • Andrew Albert Md (Physician)
  • Compensation: $251,141
  • Related: $0
  • Other: $0

    • Seema Elahi (Physician)
  • Compensation: $233,187
  • Related: $0
  • Other: $13,048

    • Julia Dyer Md (Physician)
  • Compensation: $223,467
  • Related: $0
  • Other: $0

    • James E Nugent (Vice Chair) [Trustee/Director]
  • Compensation: $30,000
  • Related: $0
  • Other: $0

    • Jagan Mohan Md (Secretary) [Trustee/Director]
  • Compensation: $30,000
  • Related: $0
  • Other: $0

    • Edwin C Lennox (Treasurer) [Trustee/Director]
  • Compensation: $30,000
  • Related: $0
  • Other: $0

    • Robert Baudino (Trustee)
  • Compensation: $30,000
  • Related: $0
  • Other: $0

    • Bonnie Phipps (Trustee)
  • Compensation: $30,000
  • Related: $0
  • Other: $0

    • Neal Spero Md (Trustee & Medical Staff President)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.thorek.org

    Where can I find the form 990 for Thorek Memorial Hospital?

    The Thorek Memorial Hospital’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.thorek.org

    Learn more at the official website: www.thorek.org

    Mission Statement of Thorek Memorial Hospital

    Thorek Memorial Hospital is a dedicated institution, committed to delivering quality patient care, fostering wellness, and encouraging education. The organization takes pride in serving a diverse patient base, including individuals, physicians, and employees, all while maintaining an efficient and cost-effective approach. Thorek Memorial Hospital's primary goal is to cater to its patients with compassion, ensuring their healthcare needs are met with the utmost care and respect.

    Beyond its patient care services, Thorek Memorial Hospital is deeply invested in the professional growth of its employees. By fostering a culture of excellence, the hospital encourages its team members to reach their full potential, leading to improved patient outcomes and a stronger healthcare community. Thorek Memorial Hospital's commitment to education extends beyond its walls, as it strives to be a responsible member of the healthcare system and a valuable contributor to the broader community. The institution is deeply rooted in the belief that quality services, employee satisfaction, and community engagement are the cornerstones of a successful and sustainable healthcare organization.

    Impact

    This information is meant to be a general summary of Thorek Memorial Hospital. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Thorek Memorial Hospital impacts the community by providing quality patient care, promoting wellness, and supporting education. It serves individuals regardless of race, creed, sex, national origin, handicap, age, or ability to pay. The hospital offers free or subsidized care to those in need and conducts health activities and programs to support the community. Thorek Memorial Hospital is dedicated to serving its patients, physicians, employees, and the community by delivering cost-effective and compassionate care while encouraging employee excellence. It also acts as a responsible member of the healthcare delivery system in Chicago, IL.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $13,378,967
  • Program Service Revenue: $104,580,742
  • Gross Receipts: $137,901,136

    • Assets and Liabilities:
  • Total Assets: $462,572,422
  • Total Liabilities: $23,634,660
  • Net Assets: $438,937,762
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PROGRAM SERVICE REVENUE

    Revenue

    $68,696,660

    MEDICAID ASSESSMENT

    Revenue

    $34,090,681

    RESIDENT FEES

    Revenue

    $1,793,401

    Organization Details

    Founding Year

    1911

    Principal Officer

    Tim Heinrich

    Main Address

    850 W IRVING PARK ROAD, CHICAGO, IL, 60613

    NTEE Category

    Code: E22 - Health

    If you are a representative of Thorek Memorial Hospital and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.