Northwestern Memorial HealthCare Group

EIN: 364724966 501(c)(3) Health Care

Chicago, IL

Total Revenue
$10,054,188,947
Total Expenses
$9,817,235,830
Total Assets
$14,174,423,192
Net Assets
$10,652,324,517
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Phone
3129264237
Tax Period
2023-09-01 to 2024-08-31

Northwestern Memorial HealthCare Group is a large national nonprofit in the Health Care sector that reported $5.5B in total revenue in fiscal year 2017. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $5.2B left a modest 6% surplus.

Mission

THE PRIMARY MISSION OF THE NORTHWESTERN AFFILIATES INCLUDED IN THIS GROUP RETURN IS TO BE THE DESTINATION OF CHOICE FOR (CONTINUED IN SCHEDULE O)

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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 (2023)

Revenue Breakdown

Contributions & Grants $93,907,357
Program Service Revenue $9,865,054,926
Investment Income $3,133,414
Other Revenue $92,093,250
TOTAL REVENUE $10,054,188,947

Expense Breakdown

Grants Paid $38,008,718
Salaries & Benefits $4,182,971,130
Fundraising Expenses $20,168,865
Program Expenses $7,692,093,346
Other Expenses $5,596,255,982
TOTAL EXPENSES $9,817,235,830

Year-over-Year Comparison

2023 2022 Change
Revenue $10,054,188,947 $9,147,061,001 +0.1%
Expenses $9,817,235,830 $8,938,053,992 +0.1%
Net Income $236,953,117 $209,007,009 +0.1%
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
127
Independent Members
102
Employees
37268
Volunteers
1300

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
36
$34,213,953
Total Directors
160
$34,498,094
Key Employees
1
$999,869
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Adam B Sloane See Schedule O 40.0
Officer Director
$562,180 $75,851 $638,031
Anne K Hubling DNP RN See Schedule O 40.0
Officer Director
$467,570 $48,476 $516,046
Carol L Bernick See Schedule O 7.0
Officer Director
$0 $0 $0
Catie L Schmit See Schedule O 40.0
Officer Director
$350,464 $32,407 $382,871
Daniel Bunnell See Schedule O 40.0
Officer Director
$497,616 $61,767 $559,383
Dean M Harrison See Schedule O 40.0
Officer Director
$6,073,256 $42,144 $6,115,400
Dee A Manire See Schedule O 1.0
Officer Director
$0 $0 $0
Emily J Kozak See Schedule O 40.0
Officer Director
$873,071 $133,055 $1,006,126
Eric G Neilson MD See Schedule O 40.0
Officer Director
$1,101,174 $63,023 $1,164,197
Gary A Noskin MD See Schedule O 40.0
Officer Director
$1,197,471 $70,131 $1,267,602
Glenn F Tilton See Schedule O 1.0
Officer Director
$0 $0 $0
Heather Keirnan MSN RN See Schedule O 40.0
Officer Director
$327,835 $45,152 $372,987
Howard B Chrisman MD See Schedule O 40.0
Officer Director
$4,340,602 $656,098 $4,996,700
J Christopher Reyes See Schedule O 1.0
Officer Director
$0 $0 $0
Kate Matousek See Schedule O 40.0
Officer Director
$382,711 $56,268 $438,979
Kenneth G Hedley See Schedule O 40.0
Officer Director
$763,437 $85,624 $849,061
Kevin P Poorten See Schedule O 40.0
Officer Director
$1,595,056 $54,620 $1,649,676
Larry D Richman See Schedule O 1.0
Officer Director
$0 $0 $0
Marc S Schulman See Schedule O 1.0
Officer Director
$0 $0 $0
Mark C Schumacher See Schedule O 40.0
Officer Director
$1,141,584 $147,347 $1,288,931
Matthew J Flynn See Schedule O 40.0
Officer Director
$752,966 $52,446 $805,412
Maura A O'Toole See Schedule O 40.0
Officer Director
$662,477 $40,133 $702,610
Michael Kokott See Schedule O 40.0
Officer Director
$374,400 $39,664 $414,064
Michael V Vivoda See Schedule O 40.0
Officer Director
$995,595 $33,887 $1,029,482
Nick J Rave See Schedule O 40.0
Officer Director
$814,189 $33,629 $847,818
Patrick J Towne MD See Schedule O 40.0
Officer Director
$1,384,115 $200,802 $1,584,917
Timothy P Sullivan See Schedule O 1.0
Officer Director
$0 $0 $0
William A Osborn See Schedule O 1.0
Officer Director
$0 $0 $0
William P Flesch See Schedule O 8.0
Officer Director
$0 $0 $0
Abigail J Szklarek See Schedule O 1.0
Director
$0 $0 $0
Adam C Cooper See Schedule O 1.0
Director
$0 $0 $0
Adam L Hoeflich See Schedule O 1.0
Director
$0 $0 $0
Albert M Friedman See Schedule O 1.0
Director
$0 $0 $0
Alexander D Stuart See Schedule O 1.0
Director
$0 $0 $0
Andrea L Zopp See Schedule O 1.0
Director
$0 $0 $0
Andrea Redmond See Schedule O 1.0
Director
$0 $0 $0
Andrew G Bluhm See Schedule O 1.0
Director
$0 $0 $0
Anita W Kou MD See Schedule O 40.0
Director
$389,367 $48,956 $438,323
Ankur R Behl MD See Schedule O 40.0
Director
$1,036,788 $28,463 $1,065,251
Anthony B Davis See Schedule O 1.0
Director
$0 $0 $0
Anthony K Kesman See Schedule O 7.0
Director
$0 $0 $0
Brett J Hart See Schedule O 1.0
Director
$0 $0 $0
Catherine Odelbo See Schedule O 1.0
Director
$0 $0 $0
Charles N Mills See Schedule O 1.0
Director
$0 $0 $0
Charles W Hogue MD See Schedule O 1.0
Director
$0 $0 $0
Charles W Ruth See Schedule O 7.0
Director
$0 $0 $0
Christine A Leahy See Schedule O 1.0
Director
$0 $0 $0
Daniel J Brat MD See Schedule O 40.0
Director
$429,433 $10,427 $439,860
David R Casper See Schedule O 1.0
Director
$0 $0 $0
Dean M Barrett See Schedule O 1.0
Director
$0 $0 $0
Debbie S Saran See Schedule O 8.0
Director
$0 $0 $0
Desiree G Rogers See Schedule O 1.0
Director
$0 $0 $0
Donald L Thompson See Schedule O 1.0
Director
$0 $0 $0
Donald Richman See Schedule O 1.0
Director
$0 $0 $0
Edward M Schaeffer MD PhD See Schedule O 1.0
Director
$0 $0 $0
Edward T Tilly See Schedule O 1.0
Director
$0 $0 $0
Eric J Scheyer See Schedule O 1.0
Director
$0 $0 $0
Eric P Lefkofsky See Schedule O 1.0
Director
$0 $0 $0
Eric S Smith See Schedule O 1.0
Director
$0 $0 $0
Forrest R Whittaker See Schedule O 7.0
Director
$0 $0 $0
Frederick H Waddell See Schedule O 1.0
Director
$0 $0 $0
George I Sreckovic MD See Schedule O 7.0
Director
$0 $0 $0
Giuseppe Accogli See Schedule O 1.0
Director
$0 $0 $0
Gregory D Smith See Schedule O 1.0
Director
$0 $0 $0
Hasan B Alam MD See Schedule O 1.0
Director
$0 $0 $0
Heath P Tarbert See Schedule O 1.0
Director
$0 $0 $0
Heeren R Patel MD See Schedule O 40.0
Director
$485,798 $45,298 $531,096
Homi B Patel See Schedule O 1.0
Director
$0 $0 $0
J Patrick Gallagher See Schedule O 1.0
Director
$0 $0 $0
James A Gordon See Schedule O 1.0
Director
$0 $0 $0
James D Abrams See Schedule O 1.0
Director
$0 $0 $0
James P Zallie See Schedule O 7.0
Director
$0 $0 $0
James T Glerum See Schedule O 1.0
Director
$0 $0 $0
James Thorpe See Schedule O 7.0
Director
$0 $0 $0
Jane D Pigott See Schedule O 1.0
Director
$0 $0 $0
Jane Lux See Schedule O 1.0
Director
$0 $0 $0
JC Gonzalez-Mendez See Schedule O 7.0
Director
$0 $0 $0
Jeremiah B Placido MD See Schedule O 1.0
Director
$0 $0 $0
JOHN A CANNING See Schedule O 1.0
Director
$0 $0 $0
John F Podjasek See Schedule O 1.0
Director
$0 $0 $0
John J Guido MD See Schedule O 40.0
Director
$39,104 $2,968 $42,072
John R Ettelson See Schedule O 1.0
Director
$0 $0 $0
Joseph D Mansueto See Schedule O 1.0
Director
$0 $0 $0
Joseph F Damico See Schedule O 1.0
Director
$0 $0 $0
Joseph R Crane See Schedule O 7.0
Director
$0 $0 $0
Judith P Greffin See Schedule O 1.0
Director
$0 $0 $0
Justin R Ishbia See Schedule O 1.0
Director
$0 $0 $0
Karen R Mills See Schedule O 1.0
Director
$0 $0 $0
Keating Crown See Schedule O 1.0
Director
$0 $0 $0
KELLI DOYLE SEE SCHEDULE O 40.0
Director
$383,917 $46,210 $430,127
Kent Dauten See Schedule O 1.0
Director
$0 $0 $0
KERMIT R CRAWFORD See Schedule O 7.0
Director
$0 $0 $0
Larissa R Pavone MD See Schedule O 40.0
Director
$279,879 $39,767 $319,646
Lavanya G Shankar MD See Schedule O 40.0
Director
$107,575 $0 $107,575
Lawrence K Hunt See Schedule O 8.0
Director
$0 $0 $0
Linda Johnson Rice See Schedule O 1.0
Director
$0 $0 $0
Lisa M Giles See Schedule O 1.0
Director
$0 $0 $0
Maciej S Lesniak MD See Schedule O 1.0
Director
$0 $0 $0
Mahesh Ramachandran MD See Schedule O 40.0
Director
$498,412 $76,271 $574,683
Manny Favela See Schedule O 1.0
Director
$0 $0 $0
Marc Lifshin See Schedule O 1.0
Director
$0 $0 $0
Mark J Cozzi See Schedule O 1.0
Director
$0 $0 $0
Mary Beth Richmond MD See Schedule O 1.0
Director
$0 $0 $0
Matthew Kaplan See Schedule O 1.0
Director
$0 $0 $0
Matthew Pritzker See Schedule O 1.0
Director
$0 $0 $0
Michael F DeSantiago See Schedule O 1.0
Director
$0 $0 $0
Michael G O'Grady See Schedule O 1.0
Director
$0 $0 $0
Michael H Schill See Schedule O 1.0
Director
$0 $0 $0
Michael J Kachmer See Schedule O 1.0
Director
$0 $0 $0
Michael J Leonard See Schedule O 7.0
Director
$0 $0 $0
Michael-Dean Chorneyko See Schedule O 1.0
Director
$0 $0 $0
Muneer A Satter See Schedule O 1.0
Director
$0 $0 $0
Patricia A Woertz See Schedule O 1.0
Director
$0 $0 $0
Patricia B Holmes See Schedule O 1.0
Director
$0 $0 $0
Pedro DeJesus See Schedule O 1.0
Director
$0 $0 $0
Peter A Bernick See Schedule O 1.0
Director
$0 $0 $0
Peter D Crist See Schedule O 1.0
Director
$0 $0 $0
Peter K Whinfrey See Schedule O 1.0
Director
$0 $0 $0
Phebe N Novakovic See Schedule O 1.0
Director
$0 $0 $0
Rachel M Cyrus MD See Schedule O 1.0
Director
$0 $0 $0
Reeve B Waud See Schedule O 1.0
Director
$0 $0 $0
Ricardo Meza See Schedule O 1.0
Director
$0 $0 $0
Richard A Davis See Schedule O 1.0
Director
$0 $0 $0
Richard A Franco See Schedule O 40.0
Director
$541,847 $76,667 $618,514
Richard H Lenny See Schedule O 1.0
Director
$0 $0 $0
Richard S Price See Schedule O 1.0
Director
$0 $0 $0
RJ Melman See Schedule O 1.0
Director
$0 $0 $0
Roberto R Herencia See Schedule O 1.0
Director
$0 $0 $0
Robin Smith Melvin See Schedule O 1.0
Director
$0 $0 $0
Roger L Benson See Schedule O 1.0
Director
$0 $0 $0
Ron M Saslow See Schedule O 1.0
Director
$0 $0 $0
Sandra L Helton See Schedule O 1.0
Director
$0 $0 $0
Scott C Smith See Schedule O 1.0
Director
$0 $0 $0
Scott L Gwilliam See Schedule O 7.0
Director
$0 $0 $0
Scott P Serota See Schedule O 7.0
Director
$0 $0 $0
Sean M Connolly See Schedule O 1.0
Director
$0 $0 $0
Serdar E Bulun MD See Schedule O 1.0
Director
$0 $0 $0
Sharmishtha Jayachandran MD See Schedule O 7.0
Director
$18,125 $0 $18,125
Shawn M Donnelly See Schedule O 1.0
Director
$0 $0 $0
Shelia G Talton See Schedule O 1.0
Director
$0 $0 $0
Silpa Katta MD See Schedule O 40.0
Director
$341,549 $25,597 $367,146
Stephen J Reyes See Schedule O 1.0
Director
$0 $0 $0
Stephen L Davis See Schedule O 7.0
Director
$0 $0 $0
Stephen R Crawford See Schedule O 1.0
Director
$0 $0 $0
Stephen W Beard See Schedule O 1.0
Director
$0 $0 $0
Stephen W Brodsky See Schedule O 1.0
Director
$0 $0 $0
Stephen W Ganshirt MD See Schedule O 40.0
Director
$725,275 $43,112 $768,387
Teresa W Harmon See Schedule O 1.0
Director
$0 $0 $0
Theodore L Koenig See Schedule O 1.0
Director
$0 $0 $0
Thomas Day See Schedule O 1.0
Director
$0 $0 $0
Thomas F Quinn See Schedule O 1.0
Director
$0 $0 $0
Thomas J Matya See Schedule O 1.0
Director
$0 $0 $0
Thomas J McAfee See Schedule O 40.0
Director
$1,707,816 $60,749 $1,768,565
Timothy P Moen See Schedule O 1.0
Director
$0 $0 $0
Todd R Barrowclift DO See Schedule O 40.0
Director
$341,038 $37,393 $378,431
Tom A Carey See Schedule O 7.0
Director
$0 $0 $0
Trina D Gordon See Schedule O 1.0
Director
$0 $0 $0
William A Von Hoene See Schedule O 1.0
Director
$0 $0 $0
William C Kunkler See Schedule O 1.0
Director
$0 $0 $0
William S Goldberg See Schedule O 1.0
Director
$0 $0 $0
Elizabeth L Rosenberg See Schedule O 40.0
Officer
$1,573,477 $199,851 $1,773,328
John A Orsini See Schedule O 40.0
Officer
$2,273,195 $292,021 $2,565,216
Julia K Lynch See Schedule O 40.0
Officer
$1,014,923 $165,640 $1,180,563
Leah V Hobson See Schedule O 40.0
Officer
$544,063 $62,370 $606,433
Marsha L Oberrieder See Schedule O 40.0
Officer
$702,429 $43,238 $745,667
Seamus P Collins See Schedule O 40.0
Officer
$398,337 $69,375 $467,712
Susan A Ratzer See Schedule O 40.0
Officer
$206,701 $38,040 $244,741
Craig A Johnson See Schedule O 40.0
Key Emp
$833,336 $166,533 $999,869
Aaron A Bare MD See Schedule O 40.0
Highest
$1,420,696 $56,923 $1,477,619
Benjamin R Marks MD See Schedule O 40.0
Highest
$1,370,974 $57,256 $1,428,230
Gyu Gang MD See Schedule O 40.0
Highest
$1,748,379 $46,031 $1,794,410
James G Adams MD See Schedule O 40.0
Highest
$1,509,403 $61,719 $1,571,122
Patrick M McCarthy MD See Schedule O 40.0
Highest
$2,874,634 $68,829 $2,943,463
Danae K Prousis See Schedule O 40.0
$707,206 $30,298 $737,504
Jeff L Good See Schedule O 40.0
$609,109 $79,373 $688,482
Maureen Taus See Schedule O 40.0
$629,966 $76,923 $706,889
William McCune MD See Schedule O 40.0
$335,036 $48,711 $383,747
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
2024 $10,054,188,947 $9,817,235,830 $14,174,423,192 $236,953,117
2023 $9,147,061,001 $8,938,053,992 $13,337,106,763 $209,007,009
2022 $8,405,195,352 $8,056,257,368 $12,725,993,747 $348,937,984
2021 $7,740,015,350 $7,265,438,667 $12,204,330,471 $474,576,683
2020 $6,641,318,149 $6,473,906,012 $10,856,787,981 $167,412,137
2019 $6,481,094,256 $6,150,079,387 $11,000,741,502 $331,014,869
2018 $5,520,610,016 $5,188,852,446 $9,984,226,689 $331,757,570
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