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Organizations Health Care Swedish Covenant Hospital Foundation

Swedish Covenant Hospital Foundation

Fiscal year ending 2024. Filed on November 14, 2025.

3040 W Salt Creek Lane
Suite 130
Arlington Heights, Illinois 60005

Swedish Covenant Hospital Foundation (EIN: 20-5055155) has filed an IRS Form 990 since fiscal year 2020. In its fiscal year 2024 IRS Form 990 filing, Swedish Covenant Hospital Foundation, a 501(c)(3) charitable organization, reported compensation for 8 employees. Among the employees shown here, the average compensation is $1,507,527. The highest compensated employee at Swedish Covenant Hospital Foundation is Gerald P Gallagher with fiscal year 2024 compensation of $5,191,626.

Revenue, expenses, and employee compensation

Revenue

$9,548,110

Expenses

$915,979

Employee compensation

$600,369
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Gerald P Gallagher
System President and CEO
$5,191,626
$0 $3,559,263 $1,632,363
Douglas D Welday
System Treasurer and CFO
$2,184,620
$0 $1,854,234 $330,386
Shivani Bautista
Assistant Secretary
$1,224,623
$0 $803,024 $421,599
Anthony Guaccio
Former Officer
$1,073,825
$0 $1,029,884 $43,941
Denis Williams
Director
$767,939
$0 $736,501 $31,438
Jonathan Lind
President, Swedish Hospital
$730,239
$0 $587,344 $142,895
Bruce McNulty
Director
$661,253
$0 $632,658 $28,595
Jennifer Tscherney
Secretary and Executive Director
$226,091
$0 $216,931 $9,160

Benchmark Employee Compensation

Non-Employee Board Members

Chuck Rosenberg
Director
$30,188
$0 $30,188 No other comp
Charles Adair
Director
No compensation reported
Dennis G Hammer
Chair
No compensation reported
Julianne Sawyier-Migley
Director
No compensation reported
Suzanne McCormick
Director
No compensation reported
Lauren Rubinson-Morris
Director
No compensation reported
Laura Zung
Director
No compensation reported
Gregory Brown
Director (Until Oct)
No compensation reported
Kurt D Anderson
Director
No compensation reported
Lawrence P Anderson
Assistant Treasurer
No compensation reported

Contractors

Covenant Trust Company
Investment Management Fees
$177,644

Mission Statement

Swedish Covenant Hospital Foundation follows the mission of Endeavor Health to "help everyone in our communities be their best."

Revisions to this organization profile

November 14, 2025:
2024 Swedish Covenant Hospital Foundation 990 filed
November 14, 2024:
2023 Swedish Covenant Hospital Foundation 990 filed
November 13, 2023:
2022 Swedish Covenant Hospital Foundation 990 filed

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