Northwest Memorial Healthcare

Organization Overview

Northwest Memorial Healthcare is located in Chicago, IL. The organization was established in 2011. 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 06/2018, Northwest Memorial Healthcare employed 663 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Northwest Memorial Healthcare is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 08/2018, Northwest Memorial Healthcare generated $9.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (48.0%) each year. All expenses for the organization totaled $10.7m during the year ending 08/2018. As we would expect to see with falling revenues, expenses have declined by (45.9%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2018

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF MEMORIAL MEDICAL CENTER IS TO PROVIDE QUALITY HEALTHCARE SERVICES WITH INNOVATIVE AND RESPONSIBLE USE OF RESOURCES AND PROMOTE WELLNESS FOR THE MCHENRY COUNTY AREA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE O


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Healthcare And Family Services
Healthcare Services
$6,721,766
Cardinal Health - Aurora Div
Healthcare Services
$1,378,463
Sodexo Inc Affiliates
Housekeeping
$1,105,590
Ge Healthcare
Healthcare Services
$594,562
Carefusion Pyxis
Med. Tech. Services
$548,464
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$227,009
Investment income $153,442
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $18,324
Net Gain/Loss on Asset Sales $1,695,225
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $9,558,312

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Northwest Memorial Healthcare has recieved totaling $152,311.

Awarding OrganizationAmount
Northwest Memorial Healthcare

Chicago, IL

PURPOSE: See Program Services Part III

$152,311
View Grant Recipient Profile

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