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Loretto Hospital

Loretto Hospital

Chicago, IL 60644
Tax ID36-2200248

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About this organization

Revenue

$65,597,049

Expenses

$71,058,346

Website

lorettohospital.org

Mission

Loretto Hospital is a community based organization focused to provide quality patient centered care and promote wellness and education.

About

Loretto is a 187 bed not-for-profit facility staffed and community focused healthcare provider with an interdisciplinary team of some of the finest doctors, specialist and nursing in Chicago which serves over 33,000 patients each year in the Chicago's Austin and surrounding communities. With our medical and ancillary services under one roof, we make quality health care more convenient and accessible. Our medical services are: ambulatory care clinic, emergency medicine, medical/surgery & critical care, addictions and compulsive behavior, diagnostic imaging, physical therapy and rehabilitation, mental health, crisis intervention, and other clinical programs.

Interesting data from their 2020 990 filing

The mission of the non-profit, as stated in the filing, is “Loretto hospital is a not-for-profit community based organization, which partners with its physicians, employees, and community it serves to provide quality patient centered care and promotes wellness and education.”.

When referring to its tasks, they were described as: “Loretto hospital is a community based organization focused to provide quality patient centered care and promote wellness and education.”.

  • The non-profit is operating legally in the state of IL.
  • The non-profit's address for the year 2020 is listed as 645 S CENTRAL AVENUE, CHICAGO, IL, 60644 in the filing.
  • The form submitted by the non-profit organization for 2020 reports 768 employees.
  • Operates a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Has foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$5,461,297.
  • The CEO compensation package within the organization is established through a review and approval process by an independent body.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has a foreign financial account.
  • The organization has 5 independent voting members.
  • The organization was formed in 1939.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization engages in lobbying activities.
  • The organization pays $36,097,221 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has a business related organization transaction.
  • The organization's financial statements were reviewed by an accountant.

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