Rush University Medical Center is located in Chicago, IL. The organization was established in 1960. 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 06/2020, Rush University Medical Center employed 13,475 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 06/2020, Rush University Medical Center generated $2.1b in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $2.2b during the year ending 06/2020. While expenses have increased by 6.6% 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, Rush University Medical Center has awarded 45 individual grants totaling $1,037,686. 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 MISSION OF RUSH IS TO IMPROVE THE HEALTH OF THE INDIVIDUALS AND DIVERSE COMMUNITIES WE SERVE THROUGH THE INTEGRATION OF OUTSTANDING PATIENT CARE, EDUCATION, RESEARCH AND COMMUNITY PARTNERSHIPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTH CARE: RUSH UNIVERSITY MEDICAL CENTER ("RUSH") IS AN ACADEMIC MEDICAL CENTER THAT BRINGS TOGETHER EXCELLENCE IN CLINICAL CARE AND RESEARCH TO ADDRESS MAJOR HEALTH PROBLEMS. RUSH WAS RANKED #1 IN QUALITY IN VIZIENT'S QUALITY LEADERSHIP AWARD 2019 QUALITY AND ACCOUNTABILITY STUDY AMONG 93 U.S. ACADEMIC MEDICAL CENTERS IN 2019. NEARLY ALL OF THE NATION'S ACADEMIC MEDICAL CENTERS - 95% - PARTICIPATED IN THE STUDY. IT IS THE SEVENTH CONSECUTIVE TIME THAT THE MEDICAL CENTER HAS BEEN RANKED IN THE TOP FIVE, RISING FROM FOURTH IN 2017 TO SECOND IN 2018 AND NOW EARNING THE TOP RANKING IN 2019. THE 2019 STUDY EVALUATED PARTICIPATING MEDICAL CENTERS AND HOSPITALS ON THE BASIS OF SAFETY, MORTALITY, CLINICAL EFFECTIVENESS, EFFICIENCY AND PATIENT CENTEREDNESS. ALL THREE RUSH UNIVERSITY SYSTEM FOR HEALTH HOSPITALS ALSO RECEIVED HIGH MARKS FOR QUALITY AND PATIENT EXPERIENCE FROM THE CENTERS FOR MEDICARE AND MEDICAID SERVICES (CMS), WITH RUSH UNIVERSITY MEDICAL CENTER AND RUSH OAK PARK HOSPITAL EARNING FIVE-STAR RATINGS (THE HIGHEST DESIGNATION) AND RUSH COPLEY MEDICAL CENTER EARNING FOUR STARS. IN FY20, RUSH PROVIDED PATIENT CARE TO MORE THAN 30,000 INPATIENTS, AND THE EMERGENCY ROOM HAS THE CAPACITY TO HANDLE MORE THAN 65,000 VISITS. IN U.S. NEWS & WORLD REPORT'S 2019-2020 BEST HOSPITALS RANKINGS, RUSH UNIVERSITY MEDICAL CENTER RANKED AMONG THE TOP 50 HOSPITALS IN FIVE SPECIALTIES, WITH TWO IN THE TOP TEN AND TWO THE HIGHEST RANKED PROGRAMS IN ILLINOIS. ONLY 166 OF THE NEARLY 3,000 HOSPITALS IN THE UNITED STATES THAT U.S. NEWS EVALUATED, ABOUT 5.5 PERCENT, SCORED HIGH ENOUGH FOR U.S. NEWS TO RANK THEM NATIONALLY IN EVEN ONE SPECIALTY. THE MEDICAL CENTER IS RANKED IN ORTHOPEDICS (7TH IN THE COUNTRY AND NO. 1 IN ILLINOIS), NEUROLOGY AND NEUROSURGERY (8TH), GYNECOLOGY (14TH, TOPS IN ILLINOIS), GERIATRICS (19TH), KIDNEY DISEASE (NEPHROLOGY) (49TH). IN ADDITION TO THE NATIONAL RANKINGS OF THESE FIVE PROGRAMS, U.S. NEWS GAVE RUSH "HIGH PERFORMING" STATUS IN THE FOLLOWING PROGRAMS: CANCER, CARDIOLOGY AND HEART SURGERY, AND GASTROENTEROLOGY AND GI SURGERY. THE MEDICAL CENTER IS RANKED IN ORTHOPEDICS (7TH IN THE COUNTRY AND NO. 1 IN ILLINOIS), NEUROLOGY AND NEUROSURGERY (8TH), GYNECOLOGY (14TH, TOPS IN ILLINOIS), GERIATRICS (19TH), KIDNEY DISEASE (NEPHROLOGY) (49TH). IN ADDITION TO THE NATIONAL RANKINGS OF THESE FIVE PROGRAMS, U.S. NEWS GAVE RUSH "HIGH PERFORMING" STATUS IN THE FOLLOWING PROGRAMS: CANCER, CARDIOLOGY AND HEART SURGERY, AND GASTROENTEROLOGY AND GI SURGERY.
RESEARCH: BECAUSE RUSH IS AN ACADEMIC MEDICAL CENTER, RESEARCH AND CLINICAL CARE COME TOGETHER IN INNOVATIVE AND INSPIRING WAYS THAT HAVE THE POWER TO TRANSFORM LIVES. EVEN IF RESEARCH WORK STARTS IN A LABORATORY, IT WON'T STAY THERE. DISCOVERIES IN RUSH'S LABS LEAD TO ADVANCES IN PATIENT CARE, WHILE OBSERVATIONS IN CLINICAL SETTINGS INSPIRE RESEARCH STUDIES DESIGNED TO IMPROVE THE WAY WE TREAT PATIENTS. THIS APPROACH, KNOWN AS TRANSLATIONAL RESEARCH, HAS LED TO BREAKTHROUGHS IN PATIENT CARE AT RUSH THROUGHOUT THE YEARS. INVESTIGATORS AT RUSH ARE INVOLVED IN MORE THAN 1,600 PROJECTS, INCLUDING HUNDREDS OF CLINICAL STUDIES TO TEST THE EFFECTIVENESS AND SAFETY OF NEW THERAPIES AND MEDICAL DEVICES, AS WELL AS TO EXPAND SCIENTIFIC AND MEDICAL KNOWLEDGE. TOTAL RESEARCH AWARDS IN FY20 TOPPED $110 MILLION.
EDUCATION: RUSH UNIVERSITY IS A HEALTH SCIENCES UNIVERSITY THAT INCLUDES RUSH MEDICAL COLLEGE, THE COLLEGE OF NURSING, THE COLLEGE OF HEALTH SCIENCES AND THE GRADUATE COLLEGE. FOUNDED IN 1837, RUSH MEDICAL COLLEGE HAS AN ACCLAIMED HISTORY AS ONE OF THE FIRST MEDICAL COLLEGES IN THE MIDWEST AND CONTINUES TO MAKE MAJOR CONTRIBUTIONS TO MEDICAL SCIENCE AND EDUCATION THROUGH RESEARCH AND CLINICAL TRIALS. THE COLLEGE OF NURSING IS ONE OF THE NATION'S TOP-RANKED NURSING COLLEGES WITH A NATIONAL REPUTATION FOR CLINICAL EXCELLENCE THAT HELPS MAKE OUR GRADUATES HIGHLY SOUGHT AFTER BY TOP HEALTH CARE EMPLOYERS AROUND THE COUNTRY. THE COLLEGE OF HEALTH SCIENCES HAS BEEN RESPONSIBLE FOR EDUCATION AND RESEARCH IN THE ALLIED HEALTH PROFESSIONS. THE GRADUATE COLLEGE OFFERS MASTERS AND DOCTORAL PROGRAMS FOR THE NEXT GENERATION OF EXCEPTIONAL RESEARCH AND HEALTH CARE PROFESSIONALS. THE MEDICAL CENTER ALSO OFFERS MANY HIGHLY SELECTIVE RESIDENCY AND FELLOWSHIP PROGRAMS IN MEDICAL AND SURGICAL SPECIALTIES AND SUBSPECIALTIES. RUSH'S UNIQUE PRACTITIONER-TEACHER MODEL FOR HEALTH SCIENCES EDUCATION AND RESEARCH PROVIDES ITS STUDENTS THE OPPORTUNITY TO LEARN FROM WORLD-RENOWNED INSTRUCTORS WHO PRACTICE WHAT THEY TEACH. WITH MORE THAN 40 DEGREE AND CERTIFICATE OPTIONS AND 60 POSTGRADUATE TRAINING PROGRAMS, RUSH EDUCATED MORE THAN 2,800 STUDENTS IN FY20. RUSH UNIVERSITY PROVIDES OUTSTANDING HEALTH SCIENCES EDUCATION AND CONDUCTS MAJOR RESEARCH IN A CULTURE OF INCLUSION, FOCUSED ON THE PROMOTION AND PRESERVATION OF THE HEALTH AND WELLBEING OF OUR DIVERSE COMMUNITIES.
OTHER PROGRAM SERVICES: RUSH PROVIDES VARIOUS SERVICES FOR THE BENEFIT OF ITS PATIENTS AND VISITORS, SUCH AS PARKING, FOOD SERVICES AND INTERPRETER SERVICES. RUSH ALSO SPONSORS A NUMBER OF PROGRAMS IN THE COMMUNITY FOCUSED ON IMPROVING HEALTH, EXPANDING EDUCATION IN HEALTH-RELATED CAREERS, COMMUNITY-BASED RESEARCH TO REDUCE HEALTH DISPARITIES AND INITIATIVES TO PROVIDE ECONOMIC DEVELOPMENT AND JOB CREATION. RUSH PROGRAMS INFLUENCED TENS OF THOUSANDS OF LIVES IN FY20.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Trustee | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Walsh Construction Companyf Construction | 6/29/20 | $13,134,533 |
Epic Systems Corporation Software Maintenance | 6/29/20 | $11,701,620 |
Hdr Architecture Inc Engineering Consultant | 6/29/20 | $8,767,481 |
Jones Lang Lasalle Americas Management Services | 6/29/20 | $56,241,950 |
Ujamaa Construction Inc Construction | 6/29/20 | $28,921,557 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $1,175,412 |
Related organizations | $0 |
Government grants | $74,504,989 |
All other contributions, gifts, grants, and similar amounts not included above | $64,285,549 |
Noncash contributions included in lines 1a–1f | $3,917,006 |
Total Revenue from Contributions, Gifts, Grants & Similar | $139,965,950 |
Total Program Service Revenue | $1,784,839,480 |
Investment income | $54,082,614 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $13,677,616 |
Net Gain/Loss on Asset Sales | -$5,025,675 |
Net Income from Fundraising Events | -$12,602 |
Net Income from Gaming Activities | $58,835 |
Net Income from Sales of Inventory | $141,991,306 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,129,968,938 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $68,550 |
Grants and other assistance to domestic individuals. | $15,375,403 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $34,458,012 |
Compensation of current officers, directors, key employees. | $33,493,035 |
Compensation to disqualified persons | $9,266,450 |
Other salaries and wages | $875,941,659 |
Pension plan accruals and contributions | $40,492,879 |
Other employee benefits | $84,286,448 |
Payroll taxes | $63,308,079 |
Fees for services: Management | $101,314,953 |
Fees for services: Legal | $4,947,667 |
Fees for services: Accounting | $913,776 |
Fees for services: Lobbying | $695,043 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $4,380,799 |
Fees for services: Other | $74,295,221 |
Advertising and promotion | $5,771,918 |
Office expenses | $8,906,807 |
Information technology | $45,822,875 |
Royalties | $180,489 |
Occupancy | $21,049,255 |
Travel | $2,526,890 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $3,176,312 |
Interest | $23,493,446 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $122,821,872 |
Insurance | $57,062,247 |
All other expenses | $23,226,413 |
Total functional expenses | $2,206,271,524 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $82,144 |
Savings and temporary cash investments | $483,794,041 |
Pledges and grants receivable | $43,904,345 |
Accounts receivable, net | $368,300,601 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $35,892,494 |
Prepaid expenses and deferred charges | $21,497,044 |
Net Land, buildings, and equipment | $1,413,789,390 |
Investments—publicly traded securities | $571,153,892 |
Investments—other securities | $1,060,525,468 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $26,273,702 |
Total assets | $4,025,213,121 |
Accounts payable and accrued expenses | $492,615,150 |
Grants payable | $0 |
Deferred revenue | $17,340,754 |
Tax-exempt bond liabilities | $772,725,891 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $744,886,430 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $84,381,785 |
Total liabilities | $2,111,950,010 |
Net assets without donor restrictions | $1,105,442,107 |
Net assets with donor restrictions | $807,821,004 |
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 | $4,025,213,121 |
Over the last fiscal year, Rush University Medical Center has awarded $59,750 in support to 5 organizations.
Grant Recipient | Amount |
---|---|
Evanston, IL PURPOSE: General Support | $20,000 |
Chicago, IL PURPOSE: General Support | $15,000 |
Chicago, IL PURPOSE: General Support | $10,000 |
Chicago, IL PURPOSE: General Support | $7,750 |
Lexington, KY PURPOSE: General Support | $7,000 |
Over the last fiscal year, we have identified 30 grants that Rush University Medical Center has recieved totaling $5,471,199.
Awarding Organization | Amount |
---|---|
Sheba Foundation Aurora, IL PURPOSE: FOR CANCER CENTER AT NEW MEDICAL FACILITY | $2,050,000 |
Sheba Foundation Aurora, IL PURPOSE: FOR CANCER CENTER AT NEW MEDICAL FACILITY | $2,050,000 |
The Boler Family Foundation Schaumburg, IL PURPOSE: TO SUPPORT RUSH UNIVERSITY MEDICAL CENTER | $825,000 |
Raymond James Charitable Endowment Fund St Petersburg, FL PURPOSE: GENERAL USE AND/OR SPECIAL FUND/PROJECT | $107,750 |
New Profit Inc Boston, MA PURPOSE: PROGRAM EXPANSION | $100,000 |
Wilson Garling Foundation Nfp Chicago, IL PURPOSE: GENERAL SUPPORT | $50,000 |
Beg. Balance | $641,949,379 |
Earnings | $7,070,623 |
Admin Expense | $228,104 |
Net Contributions | $12,566,265 |
Other Expense | $17,847,679 |
Grants | $3,291,346 |
Ending Balance | $640,219,138 |
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 |