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
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Edward Health Ventures holds a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization's overall score is primarily derived from its strong performance in the Accountability & Finance beacon, reflecting a commitment to transparency and responsible management of funds. With a fiscal year ending in 2022, the charity demonstrates effective oversight with a majority of independent board members and robust financial practices.
Strengths include a well-structured board with 62% independent members and a solid financial statement review process, earning full points across various criteria. The organization has clear policies in place for conflict of interest, whistleblower protections, and document retention, which further enhances its credibility. Additionally, with a program expense ratio of 80.19%, a significant portion of its funds is directed toward programs, underscoring its mission-driven focus.
While the data indicates a strong operational framework, specific areas of impact or programmatic effectiveness are not detailed in the available information. However, the high rating reflects a trustworthy organization with robust governance and financial practices, making it a reliable choice for potential donors looking to contribute to its initiatives.
This AI summary has been generated from information found on Charity Navigator.
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.
Heare 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
Who is the CEO of Edward Health Ventures?
Unavailable The CEO's salary of Edward Health Ventures is $0 and their total compensation is $2,090,341.
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 1580 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):
- Compensation: $0
- Related: $1,323,340
- Other: $84,206
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $2,046,561
- Other: $43,780
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $470,265
- Related: $0
- Other: $36,953
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $379,204
- Related: $0
- Other: $19,155
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $429,813
- Related: $0
- Other: $47,655
- Compensation: $0
- Related: $311,134
- Other: $17,710
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $584,280
- Related: $0
- Other: $45,413
- Compensation: $0
- Related: $1,045,918
- Other: $46,129
- Compensation: $0
- Related: $892,466
- Other: $147,746
- Compensation: $0
- Related: $1,217,510
- Other: $425,841
- Compensation: $0
- Related: $3,655,300
- Other: $1,103,973
- Compensation: $0
- Related: $387,866
- Other: $45,572
- Compensation: $0
- Related: $525,623
- Other: $101,894
- Compensation: $0
- Related: $182,478
- Other: $41,793
- Compensation: $0
- Related: $968,535
- Other: $31,036
- Compensation: $0
- Related: $351,587
- Other: $71,728
- Compensation: $0
- Related: $569,451
- Other: $101,602
- Compensation: $1,038,185
- Related: $0
- Other: $25,839
- Compensation: $1,047,080
- Related: $0
- Other: $19,502
- Compensation: $994,820
- Related: $0
- Other: $50,169
- Compensation: $984,279
- Related: $0
- Other: $23,036
- Compensation: $1,237,374
- Related: $0
- Other: $42,205
- Compensation: $0
- Related: $515,949
- Other: $50,700
- Compensation: $0
- Related: $607,542
- Other: $101,574
- Compensation: $231,318
- Related: $0
- Other: $20,355
- Compensation: $184,377
- Related: $0
- Other: $13,382
- Compensation: $0
- Related: $194,804
- Other: $11,467
- Compensation: $0
- Related: $278,322
- Other: $44,411
- Compensation: $0
- Related: $280,045
- Other: $44,749
Official website here: www.eehealth.org
Where can I find the form 990 for Edward Health Ventures?
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.
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Impact
October, 2024
Edward Health Ventures plays a significant role in enhancing the overall well-being of communities in the west and southwest suburbs of Chicago. By providing comprehensive healthcare through its three hospitals—Edward Hospital, Elmhurst Hospital, and Linden Oaks Behavioral Health—it addresses a wide range of medical needs for local residents. The organization's commitment to the mission of helping everyone achieve their best underscores its focus on accessibility and quality in health services.
Through various health initiatives and programs, Edward Health Ventures actively works to improve health outcomes, promote wellness, and support mental health services. This holistic approach not only addresses immediate medical concerns but also fosters long-term community resilience and health literacy. By aligning its services with community needs, Edward Health Ventures ensures that residents have access to the necessary resources and support for a healthier future.
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.
Financials
This financial information is from Propublica.
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
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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
Phone
(630) 527-3000Main Address
801 S Washington Street, Naperville, IL, 60540
Website
www.eehealth.orgNTEE Category
Code: E110 - Health
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