Northshore University Healthsystem
- Assets
- $4.9b
- Revenue
- $1.8b
- Investments
- $736.7m
- Employees
- 12,394
- Location
- Evanston, IL
- Founding
- 10/1996
- Data as of
- 09/2020
- EIN
- 36-2167060
Organization Overview
Northshore University Healthsystem is located in Evanston, IL. The organization was established in 1996. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 09/2020, Northshore University Healthsystem employed 12,394 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 09/2020, Northshore University Healthsystem generated $1.8b in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $1.8b during the year ending 09/2020. While expenses have increased by 2.6% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Northshore University Healthsystem has awarded 214 individual grants totaling $536,088,042. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE CORE MISSION OF NORTHSHORE UNIVERSITY HEALTHSYSTEM IS TO "PRESERVE AND IMPROVE HUMAN LIFE."
Describe the Organization's Program Activity:
Part 3 - Line 4a
PATIENT CARE - SEE SCHEDULE O
EDUCATION - SEE SCHEDULE O
RESEARCH - SEE SCHEDULE O
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Power Construction Company Llc Construction Management | 9/29/20 | $14,082,684 |
Tmx Healthcare Technologies Llc Technology Management | 9/29/20 | $14,084,198 |
Aramark Management Services Facilities/diet Management | 9/29/20 | $65,880,672 |
Pepper Construction Company Construction Management | 9/29/20 | $19,964,785 |
University Of Chicago Medical Center Medical Education | 9/29/20 | $18,695,032 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $651,686 |
| Fundraising events | $456,240 |
| Related organizations | $6,612,426 |
| Government grants | $172,335 |
| All other contributions, gifts, grants, and similar amounts not included above | $15,932,952 |
| Noncash contributions included in lines 1a–1f | $2,525,670 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,825,639 |
| Total Program Service Revenue | $1,678,513,082 |
| Investment income | $52,485,687 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $222,000 |
| Net Rental Income | $2,651,216 |
| Net Gain/Loss on Asset Sales | $52,622,913 |
| Net Income from Fundraising Events | -$193,796 |
| Net Income from Gaming Activities | $8,170 |
| Net Income from Sales of Inventory | $115,723 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,824,615,179 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $111,164,893 |
| Grants and other assistance to domestic individuals. | $561,733 |
| Grants and other assistance to Foreign Orgs/Individuals | $29,288 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $24,797,401 |
| Compensation of current officers, directors, key employees. | $13,989,430 |
| Compensation to disqualified persons | $14,202,722 |
| Other salaries and wages | $619,875,090 |
| Pension plan accruals and contributions | $25,610,418 |
| Other employee benefits | $26,231,584 |
| Payroll taxes | $40,408,867 |
| Fees for services: Management | $102,152,920 |
| Fees for services: Legal | $6,790,444 |
| Fees for services: Accounting | $1,765,965 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $31,188,724 |
| Fees for services: Other | $105,520,008 |
| Advertising and promotion | $19,928,245 |
| Office expenses | $31,011,992 |
| Information technology | $25,056,875 |
| Royalties | $0 |
| Occupancy | $40,126,044 |
| Travel | $1,425,209 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,484,526 |
| Interest | $8,757,593 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $75,600,173 |
| Insurance | $41,807,804 |
| All other expenses | $3,119,208 |
| Total functional expenses | $1,799,809,570 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $242,413,917 |
| Savings and temporary cash investments | $1,906,890 |
| Pledges and grants receivable | $5,497,740 |
| Accounts receivable, net | $199,539,411 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $27,283,200 |
| Prepaid expenses and deferred charges | $12,459,204 |
| Net Land, buildings, and equipment | $1,474,910,699 |
| Investments—publicly traded securities | $2,020,891,022 |
| Investments—other securities | $736,722,914 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $203,890,048 |
| Total assets | $4,925,515,045 |
| Accounts payable and accrued expenses | $312,410,887 |
| Grants payable | $0 |
| Deferred revenue | $13,236,422 |
| Tax-exempt bond liabilities | $548,587,755 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,178,103,225 |
| Total liabilities | $2,052,338,289 |
| Net assets without donor restrictions | $2,634,623,069 |
| Net assets with donor restrictions | $238,553,687 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,925,515,045 |
Grants Awarded
Over the last fiscal year, Northshore University Healthsystem has awarded $111,189,548 in support to 43 organizations.
| Grant Recipient | Amount |
|---|---|
Evanston, IL PURPOSE: General Support | $87,414,604 |
Chicago, IL PURPOSE: General Support | $20,200,000 |
Chicago, IL PURPOSE: Community Contribution | $866,667 |
Evanston, IL PURPOSE: Research | $785,018 |
Chicago, IL PURPOSE: Research | $236,512 |
UPSTATE AFFILIATE ORGANIZATION (UAO) PURPOSE: Research | $220,478 |
Grants Recieved
Over the last fiscal year, we have identified 33 grants that Northshore University Healthsystem has recieved totaling $1,071,672.
| Awarding Organization | Amount |
|---|---|
Cless Family Foundation Northbrook, IL PURPOSE: CHARITABLE | $501,000 |
Rice Foundation Skokie, IL PURPOSE: CHARITABLE | $205,000 |
Cole-Crone Family Foundation Inc Deerfield, IL PURPOSE: UNRESTRICTED | $200,000 |
Koenig Family Charitable Foundation Glenview, IL PURPOSE: GENERAL UNRESTRICTED FUND | $33,333 |
Owen L Coon Foundation Chicago, IL PURPOSE: OWEN L. COON CHAIR IN FAMILY MEDICINE | $25,000 |
Owen L Coon Foundation Chicago, IL PURPOSE: OWEN L. COON CHAIR IN FAMILY MEDICINE | $25,000 |
Endowment Analysis
| Beg. Balance | $171,561,222 |
| Earnings | $25,668,427 |
| Net Contributions | $1,525 |
| Other Expense | $8,851,494 |
| Ending Balance | $188,379,680 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Wisconsin Medical Foundation Inc Middleton, WI | $1,086,870,157 | $956,685,711 |
St Lukes Hospital Of Kansas City Kansas City, MO | $1,392,812,481 | $948,488,426 |
Deaconess Hospital Inc Evansville, IN | $1,654,034,103 | $1,047,627,616 |
Mercy Hospital Springfield Springfield, MO | $580,000,472 | $1,006,677,358 |
Ascension St John Hospital St Louis, MO | $420,361,390 | $924,193,769 |
Central Iowa Hospital Corporation Des Moines, IA | $1,259,331,686 | $914,986,157 |
The Carle Foundation Hospital Urbana, IL | $396,914,947 | $1,026,211,585 |
Catholic Health Initiatives-Iowa Corp Des Moines, IA | $1,021,035,326 | $817,241,108 |
Ascension Providence Hospital St Louis, MO | $465,661,519 | $850,694,127 |
Saint Joseph Health System Inc Lexington, KY | $972,577,044 | $844,837,722 |
Advocate North Side Health Network Downers Grove, IL | $903,781,713 | $776,216,592 |
Edward Hospital Naperville, IL | $481,805,669 | $665,834,109 |