Advocate Health Care

Legal name: Advocate Sherman Hospital

Nonprofit profile at a glance

EIN
362167920
IRS 990 coverage
2009–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-T 2024
Location
Oak Brook, IL, USA
Phone
800-3-ADVOCATE
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Hospital, General

Official website

Reported finances

Revenue
$561,732,020
Expenses
$515,336,247
Assets
$477,700,583
Liabilities
$234,702,570

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

54 people listed

Executive titles in this filing

  • WILLIAM SANTULLI (VICE PRESIDENT)
  • DIA NICHOLS (VICE PRESIDENT)

Highest reported compensation

  • WILLIAM SANTULLI (VICE PRESIDENT): $7,866,221 total reported compensation
  • DOMINIC NAKIS (FORMER OFFICER): $4,607,851 total reported compensation
  • BRAD CLARK (ASSISTANT TREASURER): $2,933,092 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Advocate Health Care is a faith-based nonprofit health system in Illinois and Indiana. Serving our communities We serve patients across 11 hospitals and more than 250 sites of care. Our team of 6,300 doctors along with other health care providers truly care about providing the best in care by using the latest techniques and technology and participating in research. Our mission is to serve the health needs of individuals, families and communities through a holistic philosophy rooted in our fundamental understanding of human beings as created in God's image. With this philosophy, we approach health care by treating people's physical, emotional and spiritual needs.

What it reported doing in 2024

The advocate health care livewell mobile health van team's mission is to reduce health inequities within the advocate health care footprint by brining critical services to communities experiencing the largest gaps in health outcomes. Services on the mobile health van include screening for cholesterol, bmi, rapid glucose, blood pressure as well as health education and resources. In 2024, the mobile health team visited food for greater elgin monthly to provide screenings, education and resources to the food pantry patrons. The mobile health team provided ten clinics and provided care to 137 individuals. The team also held clinics for the unhoused population in downtown elgin at the gail borden public library in partnership with the association for individual development (aid). The team held four clinics and provided care to twenty unhoused individuals.

Operating model

Revenue model
Other-operating. 96% of the money available for current operations came from other operating revenue.
Distribution model
Cannot be determined from the filing. The program-spending lines do not add up, so the filing cannot show reliably whether the nonprofit works directly or through others.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing does not identify recipients for some grant dollars and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 67
  • Transparency & Controls: 72
  • Accountability: 91
  • Sustainability: 55
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 72.7%; rating input score 73
  • Program expense ratio: 78.4%; rating input score 78
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Scored; rating input score 0
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 8.3%; rating input score 68; 68th percentile among comparable filings
  • Total-asset coverage ratio: 0.93; rating input score 37; 37th percentile among comparable filings
  • Liabilities to assets ratio: 0.49; rating input score 37; 37th percentile among comparable filings
  • Officer compensation ratio: 1.7%; rating input score 62; 62nd percentile among comparable filings

Growth

  • Program expense growth: 4.2% per year; rating input score 100; 33rd percentile among comparable filings
  • Revenue growth: 5.6% per year; rating input score 100; 49th percentile among comparable filings
  • Asset growth: -0% per year; rating input score 0; 7th percentile among comparable filings

Details

  • What they do: 6 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 72.7% of revenue deployed · 78.4% of spending went to programs
  • Governance: 25 of 25 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $404.2M in reported program spending
  • Leadership: top reported pay $7.9M · 54 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $3.8M reported
  • Consistency: 34 of 34 current checks pass
  • Schedules: 9 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 14 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 25 filed money-flow records
  • Related organizations: 22 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Grant itemization coverage scored 0/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 37/100.