EDGEWATER MEDICAL CENTER C/O CRANE SIMON CLAR & GOODMAN

EIN: 363910261 501(c)(3)

CHICAGO, IL

Total Revenue
N/A
Total Expenses
$7,751
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
IL
Principal Officer
ARTHUR SIMON
Phone
3126416777
Tax Period
2025-01-01 to 2025-12-31

Mission

BANKRUPTCY ESTATE; FORMER HOSPITAL PROVIDING HEALTHCARE SERVICES

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $7,751
TOTAL EXPENSES $7,751

Year-over-Year Comparison

2025 2024 Change
Revenue N/A $566 -1.0%
Expenses $7,751 $7,719 +0.0%
Net Income N/A $-7,153 N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
1
Independent Members
1
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A RECEIVER/TRUSTEE 1.00
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data $7,751 No data No data
2024 $566 $7,719 $161,190 $-7,153
2023 $1,074 $17,629 $968,343 $-16,555
2022 $948 $94,182 $968,215 $-93,234
2021 $6,712 $27,712 $1,196,319 $-21,000
2020 $5,438 $601,925 $1,217,319 $-596,487
2019 $9,380 $20,720 $1,813,816 $-11,340
2018 $46,468 $113,650 $1,821,061 $-67,182
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