Swedishamerican Realty Corporation

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

EIN: 363248013 ✦ Rockford, IL ✦ Designated as a 501(c)(2)

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Overview

What is Swedishamerican Realty Corporation?

SwedishAmerican Realty Corporation serves as a title-holding entity, primarily for SwedishAmerican Health System Corporation. Its primary function involves leasing properties to both its subsidiaries and external third parties. This role allows SwedishAmerican Realty Corporation to contribute to the overall operations of SwedishAmerican Health System Corporation by managing and allocating property resources effectively.


Official website here: www.uwhealth.org

Is Swedishamerican Realty Corporation legitimate?

Swedishamerican Realty Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Swedishamerican Realty Corporation 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.uwhealth.org

What is the mission statement of Swedishamerican Realty Corporation?

SwedishAmerican Realty Corporation serves as a title-holding entity, primarily for SwedishAmerican Health System Corporation. Its primary function is to lease properties to the corporation's subsidiaries and other external parties. By doing so, it provides a space for the operation and expansion of SwedishAmerican Health System Corporation's various ventures. The company's role is instrumental in facilitating the smooth operation of these ventures, enabling them to focus on their core missions. SwedishAmerican Realty Corporation's activities are crucial in supporting the growth and success of SwedishAmerican Health System Corporation's subsidiaries.


Official website here: www.uwhealth.org

Who is the CEO of Swedishamerican Realty Corporation?

Travis Andersen is the President & Ceo (As Of 6/27/22) of Swedishamerican Realty Corporation. The CEO's salary of Swedishamerican Realty Corporation is $0 and their total compensation is $243,788.


Official website here: www.uwhealth.org

What is the revenue of Swedishamerican Realty Corporation?

Swedishamerican Realty Corporation's revenue in 2022 was $7,078,241.


Official website here: www.uwhealth.org

Who are the executives of Swedishamerican Realty Corporation and what are their salaries?

There 3 volunteers at Swedishamerican Realty Corporation.


Here are 9 key members and their salaries (Swedishamerican Realty Corporation's CEO's salary is $0 and their total compensation is $243,788):


Jedediah Cantrell (President/Vp & Coo (Until 3/18/22))
  • Compensation: $0
  • Related: $370,188
  • Other: $75,154
Travis Andersen (President & Ceo (As Of 6/27/22))
  • Compensation: $0
  • Related: $243,788
  • Other: $0
Thomas Walsh (Chairman (Until 6/26/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven C Sjogren (Director (Until 6/26/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Walter (Director (Until 6/26/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel T Ross (Director (As Of 6/27/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey J Kaney Sr (Director (As Of 6/27/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Dewane (Treasurer/Secretary)
  • Compensation: $0
  • Related: $586,379
  • Other: $68,193
Don F Daniels (Former System Vp/Coo)
  • Compensation: $0
  • Related: $1,005,768
  • Other: $16,983


Official website here: www.uwhealth.org

Where can I find the form 990 for Swedishamerican Realty Corporation?

Swedishamerican Realty Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.uwhealth.org

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

Mission Statement of Swedishamerican Realty Corporation

SwedishAmerican Realty Corporation, acting as a title holding company, serves a vital role for SwedishAmerican Health System Corporation. Its primary mission involves leasing properties to various subsidiaries and external parties. By doing so, SwedishAmerican Realty Corporation contributes to the overall operations of SwedishAmerican Health System Corporation, ensuring the organization has access to necessary facilities to carry out its activities. The corporation's role in property management allows SwedishAmerican Health System Corporation to focus on its core healthcare services, ultimately benefiting the community it serves.

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Impact




October, 2024

SwedishAmerican Realty Corporation significantly impacts the community by functioning as a title holding company for the SwedishAmerican Health System Corporation. By leasing properties to its subsidiaries and other third parties, it enables the efficient operation of healthcare services in Rockford, IL. This arrangement supports the health system’s mission to deliver quality care, while also contributing to community improvement by maintaining and managing essential facilities. The corporation plays a vital role in the region’s healthcare infrastructure, facilitating better accessibility and resources for the community it serves.




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


Financials

This financial information is from Propublica.

Revenue
$7,078,241 (2022)
Expenses
$7,044,700 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$2,850
  • Program Service Revenue: $6,781,407
  • Gross Receipts: $7,595,311

Assets and Liabilities:

  • Total Assets: $18,233,525
  • Total Liabilities: $307,215
  • Net Assets: $17,926,310

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Programs

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

Rental Income

Revenue

$6,781,407

Organization Details

Founding Year

1982

Principal Officer

Travis Andersen

Main Address

1313 E State Street, Rockford, IL, 61104

NTEE Category

Code: S47 - Community improvement

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