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Nonprofiteer
← SWEDISH COVENANT HOSPITAL FOUNDATION

Form 990 for tax year 2023

Filed by SWEDISH COVENANT HOSPITAL FOUNDATION.

Totals

Total revenue
$3,615,541
Total expenses
$697,823
Contributions and grants received
$1,425,100
Grants paid
$0
Program services expenses (Part IX)
$147,188
Management and general expenses
$305,320
Fundraising expenses
$245,315
Program service expenses (Part III)
$147,188

Program services were 21.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Anthony Guaccio

    President (until 8/30/23), CEO (until 12/31/23)

    Total calculated
    $1,370,805
    From this org
    $0
    From related orgs
    $1,264,566
    Other
    $106,239
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $564,098 related
    Bonus
    $0 + $462,994 related
    Other
    $0 + $237,475 related
    Deferred
    $0 + $76,394 related
    Nontaxable benefits
    $0 + $29,845 related
    Filer's total
    $0 + $1,370,805 related

  • Dennis G Hammer

    Chairman

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Jonathan Lind

    President of SCH

    Total calculated
    $723,074
    From this org
    $0
    From related orgs
    $673,960
    Other
    $49,114
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $377,813 related
    Bonus
    $0 + $282,205 related
    Other
    $0 + $13,941 related
    Deferred
    $0 + $14,850 related
    Nontaxable benefits
    $0 + $34,264 related
    Filer's total
    $0 + $723,074 related

  • Lawrence P Anderson

    Assistant Treasurer

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Patricia King

    Secretary (until May 2023)

    Total calculated
    $0
    Hours/week
    1

  • Bruce McNulty

    Director

    Total calculated
    $876,352
    From this org
    $0
    From related orgs
    $821,037
    Other
    $55,315
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $436,611 related
    Bonus
    $0 + $354,476 related
    Other
    $0 + $29,950 related
    Deferred
    $0 + $14,850 related
    Nontaxable benefits
    $0 + $40,465 related
    Filer's total
    $0 + $876,352 related

  • Bruce Silver

    Director (until Jan 2023)

    Total calculated
    $186,529
    From this org
    $0
    From related orgs
    $178,497
    Other
    $8,032
    Hours/week
    1 + 7.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $178,497 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $8,032 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $186,529 related

  • Charles Adair

    Director

    Total calculated
    $0
    Hours/week
    1

  • Chuck Rosenberg

    Director

    Total calculated
    $31,757
    From this org
    $0
    From related orgs
    $30,389
    Other
    $1,368
    Hours/week
    1 + 12 related

  • Denis Williams

    Director

    Total calculated
    $772,410
    From this org
    $0
    From related orgs
    $745,417
    Other
    $26,993
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $741,533 related
    Bonus
    $0
    Other
    $0 + $3,884 related
    Deferred
    $0 + $14,850 related
    Nontaxable benefits
    $0 + $12,143 related
    Filer's total
    $0 + $772,410 related

  • Gregory Brown

    Director

    Total calculated
    $0
    Hours/week
    1

  • Julianne Sawyier-Migley

    Director

    Total calculated
    $0
    Hours/week
    1

  • Kurt D Anderson

    Director

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Laura Zung

    Director

    Total calculated
    $0
    Hours/week
    1

  • Lauren Rubinson-Morris

    Director

    Total calculated
    $0
    Hours/week
    1

  • Suzanne McCormick

    Director

    Total calculated
    $0
    Hours/week
    1

  • Douglas D Welday

    Chief Financial Officer and Treasurer

    Total calculated
    $2,034,913
    From this org
    $0
    From related orgs
    $1,750,748
    Other
    $284,165
    Hours/week
    1 + 54 related

    Schedule J breakdown matched by us

    Base
    $0 + $861,244 related
    Bonus
    $0 + $869,308 related
    Other
    $0 + $20,196 related
    Deferred
    $0 + $257,414 related
    Nontaxable benefits
    $0 + $26,751 related
    Filer's total
    $0 + $2,034,913 related

  • Gerald P Gallagher

    System President and CEO

    Total calculated
    $6,283,528
    From this org
    $0
    From related orgs
    $4,100,532
    Other
    $2,182,996
    Hours/week
    1 + 55 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,988,061 related
    Bonus
    $0 + $2,102,878 related
    Other
    $0 + $9,594 related
    Deferred
    $0 + $2,145,878 related
    Nontaxable benefits
    $0 + $37,118 related
    Filer's total
    $0 + $6,283,529 related

  • Jennifer Tscherney

    Asst Secretary/Treasurer and Executive Director

    Total calculated
    $286,317
    From this org
    $0
    From related orgs
    $263,006
    Other
    $23,311
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $197,123 related
    Bonus
    $0 + $64,024 related
    Other
    $0 + $1,859 related
    Deferred
    $0 + $11,835 related
    Nontaxable benefits
    $0 + $11,476 related
    Filer's total
    $0 + $286,317 related

  • Nicola Byrne

    Treasurer (left during 2023)

    Total calculated
    $243,924
    From this org
    $0
    From related orgs
    $230,014
    Other
    $13,910
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $158,737 related
    Bonus
    $0 + $46,800 related
    Other
    $0 + $24,478 related
    Deferred
    $0 + $10,351 related
    Nontaxable benefits
    $0 + $3,559 related
    Filer's total
    $0 + $243,924 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings

The filer's explanations (Part III)

Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation
A detailed compensation review of the top executives, including the Chief Executive Officer, is conducted annually. Market data is collected and assessed by an external independent compensation consultant who specializes in compensation consulting within the healthcare industry. The work product from this study is reviewed separately with Endeavor Health legal counsel. Market data for base and variable compensation is assessed annually for integrated delivery systems and academic medical centers that are similar in size and complexity. The market assessment includes assessing job content in order to make appropriate market data comparisons. Specific recommendations are then reviewed, discussed and approved as appropriate with the Endeavor Health Compensation Committee, in session with legal counsel present, in advance of implementation.
Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
The following individuals participated in a supplemental nonqualified retirement plan and below are the increases to the plan balances during 2023: Anthony Guaccio - $34,421 Gerald P Gallagher - $1,707,569 Douglas D Welday - $77,789 The following individual received a payment from a supplemental nonqualified retirement plan: Anthony Guaccio - $213,960

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
14 November 2024
IRS schema version
2023v5.1
Source object
202423199349317052

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