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Edward Health Ventures

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

EIN: 581672987 ✦ Naperville, IL ✦ Designated as a 501(c)(3)

Overview

What is Edward Health Ventures?

Edward Health Ventures is a nonprofit organization encompassing three hospitals, namely Edward Hospital, Elmhurst Hospital, and Linden Oaks Behavioral Health. Located in the west and southwest suburbs of Chicago, this organization delivers comprehensive healthcare services to the local community, adhering to the mission of Edward-Elmhurst Health to help everyone be their best.


Official website here: www.eehealth.org

Is Edward Health Ventures legitimate?

Edward Health Ventures is a legitimate nonprofit organization registered as a 501(c)(3) entity. Edward Health Ventures 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: $2,012,738
Professional Fundraising Fees: $0
Other Salaries and Wages: $143,894,911

For more financial information, click here


Official website here: www.eehealth.org

What is the mission statement of Edward Health Ventures?

Edward Health Ventures is dedicated to helping everyone in their communities reach their best potential. This mission aligns with that of NorthShore-Edward Elmhurst Health. The organization offers comprehensive healthcare services, encompassing three hospitals: Edward Hospital, Elmhurst Hospital, and Linden Oaks Behavioral Health. By providing a range of healthcare solutions, Edward Health Ventures aims to positively impact the lives of individuals within their care. Through their various offerings, they strive to improve the overall wellbeing of the communities they serve.


Official website here: www.eehealth.org

What is the revenue of Edward Health Ventures?

Edward Health Ventures's revenue in 2022 was $157,125,664.


Official website here: www.eehealth.org

Who are the executives of Edward Health Ventures and what are their salaries?

The average compensation at Edward Health Ventures during 2022 was $92,347. There are 1,580 employees at Edward Health Ventures.

Here are 39 key members and their salaries (Edward Health Ventures's CEO's salary is $0 and their total compensation is $2,090,341):

    Gerald P Gallagher (System President And Ceo)
  • Compensation: $0
  • Related: $3,655,300
  • Other: $1,103,973

    • Mary L Mastro (Ceo, South Region/Trustee)
  • Compensation: $0
  • Related: $2,046,561
  • Other: $43,780

    • Douglas D Welday (System Chief Financial Officer)
  • Compensation: $0
  • Related: $1,217,510
  • Other: $425,841

    • Joseph Dant (Pres,Edward Hosp&Sth Institute) [Trustee/Director]
  • Compensation: $0
  • Related: $1,323,340
  • Other: $84,206

    • Zahab Ahsan (Physician)
  • Compensation: $1,237,374
  • Related: $0
  • Other: $42,205

    • Chris J Mollet (System Chief Legal Officer/Corp Secretary)
  • Compensation: $0
  • Related: $1,045,918
  • Other: $46,129

    • Christine Gresik (Physician)
  • Compensation: $1,047,080
  • Related: $0
  • Other: $19,502

    • Brian Myre (Physician)
  • Compensation: $1,038,185
  • Related: $0
  • Other: $25,839

    • George Salti Md (Physician)
  • Compensation: $994,820
  • Related: $0
  • Other: $50,169

    • Denise Chamberlain (Cfo, South Region/Treasurer)
  • Compensation: $0
  • Related: $892,466
  • Other: $147,746

    • Iris Seitz (Physician)
  • Compensation: $984,279
  • Related: $0
  • Other: $23,036

    • Daniel Sullivan (Co-Chief Physician Exec)
  • Compensation: $0
  • Related: $968,535
  • Other: $31,036

    • Jean T Lydon (Cne)
  • Compensation: $0
  • Related: $607,542
  • Other: $101,574

    • Laura L Eslick (System Vp Ops Through 6/30/2022)
  • Compensation: $0
  • Related: $569,451
  • Other: $101,602

    • Walter Whang Md (Physician/Trustee)
  • Compensation: $584,280
  • Related: $0
  • Other: $45,413

    • Jeffrey D Friant (Vp, Finance/ Assistant Treasurer)
  • Compensation: $0
  • Related: $525,623
  • Other: $101,894

    • Gina M Sharp (Pres, Loh Behav Hlth Institute)
  • Compensation: $0
  • Related: $515,949
  • Other: $50,700

    • Adam Schriedel Md (Chief Medical Officer/Trustee)
  • Compensation: $470,265
  • Related: $0
  • Other: $36,953

    • Mark Gomez Md (Physician/Trustee)
  • Compensation: $429,813
  • Related: $0
  • Other: $47,655

    • Jason Ogden (Avp, Corp Control & Treas Mgmt/Assistant Treasurer)
  • Compensation: $0
  • Related: $387,866
  • Other: $45,572

    • Katie G Mcgovern (Vp Medical Group Ops, Sth Regn)
  • Compensation: $0
  • Related: $351,587
  • Other: $71,728

    • Lekshmi Venugopal Md (Physician/Trustee)
  • Compensation: $379,204
  • Related: $0
  • Other: $19,155

    • Michael Hoffman Md (Trustee)
  • Compensation: $0
  • Related: $311,134
  • Other: $17,710

    • Michael P Mckenna (Svs Line Dir, Onc & Palliative Care, Surg Svs)
  • Compensation: $0
  • Related: $280,045
  • Other: $44,749

    • Maureen Kunz (Avp, Cno Loh)
  • Compensation: $0
  • Related: $278,322
  • Other: $44,411

    • John Klosowski (Svc Line Dir, Medical Group Ops)
  • Compensation: $231,318
  • Related: $0
  • Other: $20,355

    • Arvind Ramanathan (Svc Line Dir, Medical Group Ops)
  • Compensation: $0
  • Related: $182,478
  • Other: $41,793

    • Laura Jones (Dir, Physician Pract Rev Cycle)
  • Compensation: $0
  • Related: $194,804
  • Other: $11,467

    • Kristi Devalk-Caswick (Svc Line Dir, Medical Group Ops)
  • Compensation: $184,377
  • Related: $0
  • Other: $13,382

    • Margaret Harrell (Trustee/Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sean Chou (Trustee/Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christine Jeffries (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Morrissey (Trustee Starting 7/1/2022)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Liz Aquino (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ram Shivakumar (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ravi Nemivant (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Platt (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Lee (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Valerie Cahill (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.eehealth.org

    Where can I find the form 990 for Edward Health Ventures?

    The Edward Health Ventures’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.eehealth.org

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

    Mission Statement of Edward Health Ventures

    Edward Health Ventures, with a mission akin to Northshore-Edward Elmhurst Health, aspires to help everyone in their communities reach their full potential. This nonprofit organization is committed to delivering comprehensive healthcare services to the residents of the west and southwest suburbs of Chicago.

    Comprised of three hospitals, including Edward Hospital, Elmhurst Hospital, and Linden Oaks Behavioral Health, Edward Health Ventures offers a wide range of medical facilities to cater to the diverse healthcare needs of its community members. These hospitals work in unison to provide holistic healthcare services, ensuring that every individual receives the care they require to live their best possible life.

    Edward Health Ventures goes beyond just offering medical care. Its services extend to encompassing the emotional, mental, and behavioral wellbeing of its patients. Linden Oaks Behavioral Health, a dedicated behavioral health facility, plays a pivotal role in addressing the mental and emotional health needs of the community members. By combining healthcare services with a deep commitment to community wellbeing, Edward Health Ventures sets itself apart, striving to make a positive impact on the lives of those it serves.

    Impact

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




    Thursday, August 15, 2024

    Edward Health Ventures, following the mission of NorthShore - Edward-Elmhurst Health, aims to help everyone in their communities be their best. Edward-Elmhurst Health, consisting of three hospitals, provides comprehensive healthcare to residents in the west and southwest suburbs of Chicago. The impact of Edward Health Ventures is significant in improving the health and well-being of individuals in these communities, ensuring access to quality healthcare services and promoting a culture of wellness.





    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: $17,097
  • Program Service Revenue: $157,108,567
  • Gross Receipts: $157,125,664

    • Assets and Liabilities:
  • Total Assets: $131,953,780
  • Total Liabilities: $66,576,864
  • Net Assets: $65,376,916
  • Programs

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

    Patient Service Revenue

    Revenue

    $144,483,044

    Medical Building Rent Revenue

    Revenue

    $4,401,360

    Investment in Healthcare Ventures

    Revenue

    $-247,651

    IHP Distributions

    Revenue

    $4,392,223

    MDVIP Revenue

    Revenue

    $1,157,380

    Organization Details

    Founding Year

    1986

    Main Address

    801 S Washington Street, Naperville, IL, 60540

    NTEE Category

    Code: E21 - Health

    If you are a representative of Edward Health Ventures 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.