Form 990 for tax year 2024
Filed by SWEDISH COVENANT HOSPITAL FOUNDATION.
Totals
- Total revenue
- $9,548,110
- Total expenses
- $915,979
- Contributions and grants received
- $1,810,537
- Grants paid
- $16,400
- Program services expenses (Part IX)
- $222,189
- Management and general expenses
- $350,807
- Fundraising expenses
- $342,983
- Program service expenses (Part III)
- $222,189
Program services were 24.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
Dennis G Hammer
Chairman
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Jonathan Lind
President, Swedish Hospital
- Total calculated
- $730,239
- From this org
- $0
- From related orgs
- $587,344
- Other
- $142,895
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $434,903 related
- Bonus
- $0 + $132,167 related
- Other
- $0 + $20,274 related
- Deferred
- $0 + $117,281 related
- Nontaxable benefits
- $0 + $25,614 related
- Filer's total
- $0 + $730,239 related
-
Lawrence P Anderson
Assistant Treasurer
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Bruce McNulty
Director
- Total calculated
- $661,253
- From this org
- $0
- From related orgs
- $632,658
- Other
- $28,595
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $457,107 related
- Bonus
- $0 + $168,609 related
- Other
- $0 + $6,942 related
- Deferred
- $0
- Nontaxable benefits
- $0 + $28,595 related
- Filer's total
- $0 + $661,253 related
-
Charles Adair
Director
- Total calculated
- $0
- Hours/week
- 1
-
Chuck Rosenberg
Director
- Total calculated
- $30,188
- From this org
- $0
- From related orgs
- $30,188
- Other
- $0
- Hours/week
- 1 + 40 related
-
Denis Williams
Director
- Total calculated
- $767,939
- From this org
- $0
- From related orgs
- $736,501
- Other
- $31,438
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $692,491 related
- Bonus
- $0 + $40,614 related
- Other
- $0 + $3,396 related
- Deferred
- $0 + $20,700 related
- Nontaxable benefits
- $0 + $10,738 related
- Filer's total
- $0 + $767,939 related
-
Gregory Brown
Director (until Oct)
- 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
System Treasurer and CFO
- Total calculated
- $2,184,620
- From this org
- $0
- From related orgs
- $1,854,234
- Other
- $330,386
- Hours/week
- 1 + 55 related
Schedule J breakdown matched by us
- Base
- $0 + $976,106 related
- Bonus
- $0 + $398,335 related
- Other
- $0 + $479,793 related
- Deferred
- $0 + $303,146 related
- Nontaxable benefits
- $0 + $27,240 related
- Filer's total
- $0 + $2,184,620 related
-
Gerald P Gallagher
System President and CEO
- Total calculated
- $5,191,626
- From this org
- $0
- From related orgs
- $3,559,263
- Other
- $1,632,363
- Hours/week
- 1 + 55 related
Schedule J breakdown matched by us
- Base
- $0 + $2,140,745 related
- Bonus
- $0 + $1,368,001 related
- Other
- $0 + $50,517 related
- Deferred
- $0 + $1,594,714 related
- Nontaxable benefits
- $0 + $37,649 related
- Filer's total
- $0 + $5,191,626 related
-
Jennifer Tscherney
Secretary and Executive Director
- Total calculated
- $226,091
- From this org
- $0
- From related orgs
- $216,931
- Other
- $9,160
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $0 + $184,568 related
- Bonus
- $0 + $31,985 related
- Other
- $0 + $378 related
- Deferred
- $0
- Nontaxable benefits
- $0 + $9,160 related
- Filer's total
- $0 + $226,091 related
-
Shivani Bautista
Assistant Secretary
- Total calculated
- $1,224,623
- From this org
- $0
- From related orgs
- $803,024
- Other
- $421,599
- Hours/week
- 1 + 54 related
Schedule J breakdown matched by us
- Base
- $0 + $571,083 related
- Bonus
- $0 + $230,380 related
- Other
- $0 + $1,561 related
- Deferred
- $0 + $388,155 related
- Nontaxable benefits
- $0 + $33,444 related
- Filer's total
- $0 + $1,224,623 related
-
Anthony Guaccio
Former Officer
- Total calculated
- $1,073,825
- From this org
- $0
- From related orgs
- $1,029,884
- Other
- $43,941
- Hours/week
- 0
Schedule J breakdown matched by us
- Base
- $0 + $25,787 related
- Bonus
- $0 + $206,616 related
- Other
- $0 + $797,481 related
- Deferred
- $0 + $43,228 related
- Nontaxable benefits
- $0 + $713 related
- Filer's total
- $0 + $1,073,825 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
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
Answered no
- 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 4a Severance or change-of-control payment
- The following individual received a severance payment based upon mutually agreed-upon separation agreement entered into with the organization: Anthony Guaccio - $710,673
- Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
- An Endeavor Health Defined Contribution Supplemental Executive Retirement Plan (DC SERP) was created and effective in 2024. A participant generally becomes vested in their deferred compensation for a year on the last day of the fifth calendar year after the year of the deferred compensation. A participant may become vested in their deferred compensation under the DC SERP upon death, disability, or attainment of age 62. A participant who has attained age 62 receives a payment of their DC SERP benefit each year after attaining age 62. Participants who voluntarily resign or are terminated with cause forfeit any amounts that are not vested. The following individuals participated in the supplemental nonqualified retirement plan and accrued the following benefits during 2024: Shivani Bautista - $248,338 Jonathan Lind - $96,581 Gerald P. Gallagher - $757,674 The following individual received a payment from the supplemental nonqualified retirement plan during 2024: Douglas D. Welday - $465,005 The Legacy SERP for Swedish Executives was created effective January 1, 2020. Benefits under the SERP generally vest on the first day of the month following the completion of four years after the year of the contribution. However, participant will automatically vest in his or her account balance in the event of involuntary separation from service not for cause, separation for good reasons or his or her attainment of age 62 while still employed by Endeavor Health. Participants who voluntarily resign or are terminated with cause forfeit any amounts that are not vested. The following individual received a payment from the supplemental nonqualified retirement plan during 2024: Anthony Guaccio - $179,397 ($175,732 was reported as taxable compensation during a prior year)
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.
-
501(c)(3) · Healthcare · IL
Directly controlled by Endeavor Health Clinical Operations
-
Endeavor Health Clinical Operations
501(c)(3) · Healthcare · IL
Directly controlled by Endeavor Health
-
501(c)(3) · Healthcare · IL · controlled entity
Directly controlled by Endeavor Health Clinical Operations
-
501(c)(3) · Healthcare · IL · controlled entity
Directly controlled by Endeavor Health Clinical Operations
-
Northwest Community Healthcare
501(c)(3) · Support of Northwest Community Hospital · IL · controlled entity
Directly controlled by Endeavor Health Clinical Operations
-
501(c)(3) · Hospital · IL · controlled entity
Directly controlled by Northwest Community Healthcare
-
Northwest Community Hospital Foundation
501(c)(3) · Fundraising · IL · controlled entity
Directly controlled by Northwest Community Healthcare
-
501(c)(3) · Healthcare System Parent · IL
Directly controlled by NA
-
Naperville Psychiatric Ventures
501(c)(3) · Hospital · IL · controlled entity
Directly controlled by Edward Health Ventures
-
501(c)(3) · Healthcare · IL · controlled entity
Directly controlled by Endeavor Health
-
501(c)(3) · Hospital · IL · controlled entity
Directly controlled by Edward-Elmhurst Healthcare
-
501(c)(3) · Fundraising · IL · controlled entity
Directly controlled by Edward-Elmhurst Healthcare
-
501(c)(3) · Supporting Org · IL · controlled entity
Directly controlled by Edward-Elmhurst Healthcare
-
Edward Health and Fitness Center
501(c)(3) · Healthcare · IL · controlled entity
Directly controlled by Edward Health Ventures
-
501(c)(3) · Healthcare · IL · controlled entity
Directly controlled by Edward Hospital
-
501(c)(3) · Supporting Org · IL · controlled entity
Directly controlled by Edward-Elmhurst Healthcare
-
501(c)(3) · Hospital · IL · controlled entity
Directly controlled by Elmhurst Memorial Healthcare
-
Elmhurst Memorial Hospital Foundation
501(c)(3) · Fundraising · IL · controlled entity
Directly controlled by Elmhurst Memorial Hospital
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 15 November 2025
- IRS schema version
- 2024v5.1
- Source object
- 202543189349314894
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