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Nonprofiteer
← LOYOLA UNIVERSITY MEDICAL CENTER

Form 990 for tax year 2023

Filed by LOYOLA UNIVERSITY MEDICAL CENTER.

Totals

Total revenue
$1,650,997,608
Total expenses
$1,642,755,137
Contributions and grants received
$7,539,651
Grants paid
$28,682,648
Program services expenses (Part IX)
$1,446,186,756
Management and general expenses
$196,568,381
Fundraising expenses
$0
Program service expenses (Part III)
$1,446,186,756

Program services were 88.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • DANIEL ISACKSEN

    FORMER OFFICER; TRINITY HLTH EVP CFO

    Total calculated
    $2,158,967
    From this org
    $0
    From related orgs
    $1,790,506
    Other
    $368,461
    Hours/week
    0 + 55 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,076,984 related
    Bonus
    $0 + $630,000 related
    Other
    $0 + $83,522 related
    Deferred
    $0 + $334,525 related
    Nontaxable benefits
    $0 + $33,936 related
    Filer's total
    $0 + $2,158,967 related

  • SHAWN VINCENT

    FORMER OFFICER; PRES & CEO IL/IN REG

    Total calculated
    $1,859,656
    From this org
    $0
    From related orgs
    $1,556,222
    Other
    $303,434
    Hours/week
    32 + 23 related

    Schedule J breakdown matched by us

    Base
    $0 + $958,837 related
    Bonus
    $0 + $433,373 related
    Other
    $0 + $164,012 related
    Deferred
    $0 + $263,437 related
    Nontaxable benefits
    $0 + $39,997 related
    Filer's total
    $0 + $1,859,656 related

  • BRUCE LEWIS MD

    CARDIOTHORACIC SURGEON

    Total calculated
    $1,758,790
    From this org
    $1,707,857
    From related orgs
    $0
    Other
    $50,933
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $1,685,759
    Bonus
    $0
    Other
    $22,098
    Deferred
    $24,750
    Nontaxable benefits
    $26,183
    Filer's total
    $1,758,790

  • TAD GOMEZ

    DIRECTOR; LUMC PRESIDENT

    Total calculated
    $1,368,845
    From this org
    $0
    From related orgs
    $1,135,741
    Other
    $233,104
    Hours/week
    51 + 4 related

    Schedule J breakdown matched by us

    Base
    $0 + $697,062 related
    Bonus
    $0 + $315,956 related
    Other
    $0 + $122,723 related
    Deferred
    $0 + $196,086 related
    Nontaxable benefits
    $0 + $37,018 related
    Filer's total
    $0 + $1,368,845 related

  • JEFFREY SCHWARTZ MD

    CARDIOTHORACIC SURGEON

    Total calculated
    $1,266,711
    From this org
    $1,216,089
    From related orgs
    $0
    Other
    $50,622
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $1,206,862
    Bonus
    $0
    Other
    $9,227
    Deferred
    $24,750
    Nontaxable benefits
    $25,872
    Filer's total
    $1,266,711

  • RICHARD FREEMAN MD

    REG CHIEF CLINICAL OFFICER THR 6/24

    Total calculated
    $1,173,499
    From this org
    $0
    From related orgs
    $1,003,457
    Other
    $170,042
    Hours/week
    35 + 20 related

    Schedule J breakdown matched by us

    Base
    $0 + $722,611 related
    Bonus
    $0 + $181,989 related
    Other
    $0 + $98,857 related
    Deferred
    $0 + $130,868 related
    Nontaxable benefits
    $0 + $39,174 related
    Filer's total
    $0 + $1,173,499 related

  • MAMDOUH BAKHOS MD

    CARDIOTHORACIC SURGEON

    Total calculated
    $1,046,189
    From this org
    $1,019,281
    From related orgs
    $0
    Other
    $26,908
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $995,871
    Bonus
    $0
    Other
    $23,410
    Deferred
    $24,750
    Nontaxable benefits
    $2,158
    Filer's total
    $1,046,189

  • DOUGLAS ANDERSON MD

    NEUROSURGEON

    Total calculated
    $1,016,256
    From this org
    $970,043
    From related orgs
    $0
    Other
    $46,213
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $947,671
    Bonus
    $0
    Other
    $22,372
    Deferred
    $24,750
    Nontaxable benefits
    $21,463
    Filer's total
    $1,016,256

  • LUIS FERNANDEZ MD

    CARDIOTHORACIC SURGEON

    Total calculated
    $964,885
    From this org
    $932,455
    From related orgs
    $0
    Other
    $32,430
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $919,305
    Bonus
    $0
    Other
    $13,150
    Deferred
    $14,850
    Nontaxable benefits
    $17,580
    Filer's total
    $964,885

  • MELISSA LUKASICK

    TREASURER; REGIONAL CFO IL/IN

    Total calculated
    $823,220
    From this org
    $0
    From related orgs
    $684,999
    Other
    $138,221
    Hours/week
    22 + 28 related

    Schedule J breakdown matched by us

    Base
    $0 + $532,364 related
    Bonus
    $0 + $145,000 related
    Other
    $0 + $7,635 related
    Deferred
    $0 + $112,383 related
    Nontaxable benefits
    $0 + $25,838 related
    Filer's total
    $0 + $823,220 related

  • PIERRE MONICE

    DIRECTOR; GCHSC PRESIDENT

    Total calculated
    $753,885
    From this org
    $0
    From related orgs
    $650,321
    Other
    $103,564
    Hours/week
    2 + 53 related

    Schedule J breakdown matched by us

    Base
    $0 + $478,023 related
    Bonus
    $0 + $119,507 related
    Other
    $0 + $52,791 related
    Deferred
    $0 + $89,235 related
    Nontaxable benefits
    $0 + $14,329 related
    Filer's total
    $0 + $753,885 related

  • JILL RAPPIS

    SECRETARY; VP MANAGING COUNSEL

    Total calculated
    $616,474
    From this org
    $0
    From related orgs
    $570,873
    Other
    $45,601
    Hours/week
    43 + 7 related

    Schedule J breakdown matched by us

    Base
    $0 + $392,724 related
    Bonus
    $0 + $98,133 related
    Other
    $0 + $80,016 related
    Deferred
    $0 + $24,750 related
    Nontaxable benefits
    $0 + $20,851 related
    Filer's total
    $0 + $616,474 related

  • ELIZABETH EARLY

    DIRECTOR; GMH PRESIDENT

    Total calculated
    $582,976
    From this org
    $0
    From related orgs
    $491,131
    Other
    $91,845
    Hours/week
    2 + 53 related

    Schedule J breakdown matched by us

    Base
    $0 + $382,485 related
    Bonus
    $0 + $95,643 related
    Other
    $0 + $13,003 related
    Deferred
    $0 + $76,540 related
    Nontaxable benefits
    $0 + $15,305 related
    Filer's total
    $0 + $582,976 related

  • EVA WOJCIK MD

    DIRECTOR; PATHOLOGIST

    Total calculated
    $494,304
    From this org
    $449,712
    From related orgs
    $0
    Other
    $44,592
    Hours/week
    45 + 5 related

    Schedule J breakdown matched by us

    Base
    $443,616
    Bonus
    $0
    Other
    $6,096
    Deferred
    $24,750
    Nontaxable benefits
    $19,842
    Filer's total
    $494,304

  • KEVIN SMITH MD

    CHIEF MEDICAL OFFICER THROUGH 8/23

    Total calculated
    $299,766
    From this org
    $0
    From related orgs
    $271,230
    Other
    $28,536
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $0 + $265,287 related
    Bonus
    $0
    Other
    $0 + $5,943 related
    Deferred
    $0 + $7,466 related
    Nontaxable benefits
    $0 + $21,070 related
    Filer's total
    $0 + $299,766 related

  • MARIA PEKAR

    ASST SECRETARY; ASSOCIATE COUNSEL

    Total calculated
    $222,187
    From this org
    $0
    From related orgs
    $183,768
    Other
    $38,419
    Hours/week
    44 + 6 related

    Schedule J breakdown matched by us

    Base
    $0 + $165,689 related
    Bonus
    $0 + $17,100 related
    Other
    $0 + $979 related
    Deferred
    $0 + $14,547 related
    Nontaxable benefits
    $0 + $23,872 related
    Filer's total
    $0 + $222,187 related

  • BERTINA BARNES

    ASST SECRETARY AT 1/24;ASSOC COUNSEL

    Total calculated
    $211,533
    From this org
    $0
    From related orgs
    $202,657
    Other
    $8,876
    Hours/week
    44 + 6 related

    Schedule J breakdown matched by us

    Base
    $0 + $191,640 related
    Bonus
    $0 + $10,750 related
    Other
    $0 + $267 related
    Deferred
    $0 + $7,188 related
    Nontaxable benefits
    $0 + $1,688 related
    Filer's total
    $0 + $211,533 related

  • MARC SCHWARTZ

    DIRECTOR; CHAIR

    Total calculated
    $0
    Hours/week
    2 + 4 related

  • JOY CUNNINGHAM

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 4 related

  • LORI HEALEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 4 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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
LOYOLA UNIVERSITY MEDICAL CENTER (LUMC) IS A SUBSIDIARY IN THE TRINITY HEALTH SYSTEM. LUMC'S PRESIDENT IS PAID DIRECTLY BY THE SYSTEM'S PARENT ENTITY, TRINITY HEALTH CORPORATION. TRINITY HEALTH CORPORATION USED THE FOLLOWING METHODS TO ESTABLISH THE COMPENSATION OF LUMC'S PRESIDENT: - COMPENSATION COMMITTEE - INDEPENDENT COMPENSATION CONSULTANT - FORM 990 OF OTHER ORGANIZATIONS - WRITTEN EMPLOYMENT CONTRACT - COMPENSATION SURVEY OR STUDY, AND - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE
PART I, LINE 4B
THE FOLLOWING ARE PARTICIPANTS IN A TRINITY HEALTH SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) IN 2023. THE PLAN PROVIDES RETIREMENT BENEFITS TO CERTAIN TRINITY HEALTH EXECUTIVES SUBJECT TO MEETING SPECIFIED VESTING AND EMPLOYMENT DATE REQUIREMENTS. PARTICIPANTS' VESTED BENEFITS WERE PAID OUT IN 2023, AND THEIR NON-VESTED BENEFITS FOR 2023 WERE ACCRUED. THE FOLLOWING PAYOUTS FOR 2023 FOR THE PLAN ARE INCLUDED IN COLUMN B(III) OF SCHEDULE J, PART II: RICHARD FREEMAN, MD - $81,618 TAD GOMEZ - $105,350 DANIEL ISACKSEN - $63,208 PIERRE MONICE - $45,510 JILL RAPPIS - $60,976 SHAWN VINCENT - $143,793 COLUMN F OF SCHEDULE J, PART II INCLUDES THE PORTION OF THESE AMOUNTS THAT WERE REPORTED AS DEFERRED COMPENSATION IN PRIOR YEARS. THE FOLLOWING ACCRUALS FOR 2023 FOR THE PLAN ARE INCLUDED IN COLUMN C OF SCHEDULE J, PART II: ELIZABETH EARLY - $61,690 RICHARD FREEMAN, MD - $116,018 TAD GOMEZ - $181,236 DANIEL ISACKSEN - $324,625 MELISSA LUKASICK - $92,583 PIERRE MONICE - $76,335 SHAWN VINCENT - $248,587 THE FOLLOWING ARE PARTICIPANTS IN A TRINITY HEALTH RESTORATION PLAN. THE RESTORATION PLAN PROVIDES RETIREMENT BENEFITS FOR CERTAIN TRINITY HEALTH SYSTEM OFFICE EXECUTIVES WITH EARNINGS ABOVE THE IRS PAY CAP FOR QUALIFIED PLANS ($330,000 FOR 2023). THE FOLLOWING PAYOUTS FOR 2023 FOR THIS PLAN ARE INCLUDED IN COLUMN B(III) OF SCHEDULE J, PART II: ELIZABETH EARLY - $4,352 KEVIN SMITH, MD - $4,942

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

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
9 May 2025
IRS schema version
2023v6.0
Source object
202511299349303806

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