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Filing year 2023

Swedish Covenant Hospital Foundation

Chicago, Illinois·EIN 20-5055155·NTEE E11 · Health Care·501(c)(3)
Total revenue
$3.6M
Total assets
$64M
Total expenses
$698k
Reported officers
20

Executive compensation

Form 990 · Part VII & Schedule J · 10 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Health Care organizations in Illinois.

System President and CEO
Above 90th percentile
$2.2M
$2.4M
Chief Financial Officer and Treasurer
75th to 90th percentile
$284k
$315k
President (until 8/30/23), CEO (until 12/31/23)
25th percentile to median
$106k
$118k
Director
Board Member
25th percentile to median
$55k
$61k
President of Sch
10th to 25th percentile
$49k
$54k
Director
Board Member
10th to 25th percentile
$27k
$30k
Asst Secretary/treasurer and Executive Director
Below 10th percentile
$23k
$26k
Treasurer (left During 2023)
Below 10th percentile
$14k
$15k
Director (until Jan 2023)
Board Member
10th to 25th percentile
$8k
$9k
Director
Board Member
Below 10th percentile
$1k
$2k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 10 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Swedish Covenant Hospital Foundation equaled 313% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2023)
313%
Sector median
4%
Middle half of sector
1% to 13%

Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Swedish Covenant Hospital Foundation

What does the Chief Executive Officer of Swedish Covenant Hospital Foundation earn?

In 2023, the Chief Executive Officer of Swedish Covenant Hospital Foundation received $2,182,996 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Health Care organizations in Illinois: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Swedish Covenant Hospital Foundation compare with similar nonprofits?

Compared with the same role at Health Care organizations in Illinois, the 2023 pay of the Chief Executive Officer at Swedish Covenant Hospital Foundation falls in the top 10%. In 2023, the highest total compensation at Swedish Covenant Hospital Foundation equaled 313% of the organization's total expenses. The median for health care organizations is 4%.

What are Swedish Covenant Hospital Foundation's revenue and expenses?

In 2023, Swedish Covenant Hospital Foundation reported $3.6M in total revenue and $698k in total expenses on its IRS Form 990.

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