Loretto Hospital
Nonprofit profile at a glance
- EIN
- 362200248
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Chicago, IL, US
- Phone
- (773) 626-4300
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Hospital, General
Reported finances
- Revenue
- $75,631,689
- Expenses
- $75,208,886
- Assets
- $48,517,795
- Liabilities
- $43,430,541
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- TESA ANEWISHKI (CEO)
Highest reported compensation
- TESA ANEWISHKI (CEO): $516,793 total reported compensation
- LOIS CLARKE (CHIEF MEDICA): $346,367 total reported compensation
- RUBY SMITH (CHRO/COO): $292,656 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To partner with the communities it serves to provide quality patient-centered care, and promote wellness and education.
What it reported doing in 2024
Loretto hospital is a 177-bed not-for-profit facility that is a community focused healthcare provider with an interdisciplinary team of some of the finest doctors, specialists and nursing in chicago which serves 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 include ambulatory care clinic, emergency medicine, medical/surgery & critical care, diagnostic imaging, physical therapy and rehabilitation and other clinical programs. The hospital receives over 32,883 patient visits each year including 8,969 emergency room visits and 23,914 outpatient visits and averaging approximately 4.7 inpatient admissions during 2025.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. The filing reports few safeguards for money sent abroad and the filing does not identify recipients for some grant dollars.
Rating breakdown
- Financial Efficiency: 72
- Transparency & Controls: 47
- Accountability: 92
- Sustainability: 30
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 80.5%; rating input score 81
- Program expense ratio: 81%; rating input score 81
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: Scored; rating input score 0
- Major donor itemization: Limited
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 85.7%; rating input score 86; 32nd percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- 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: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 0.6%; rating input score 34; 34th percentile among comparable filings
- Total-asset coverage ratio: 0.65; rating input score 25; 25th percentile among comparable filings
- Liabilities to assets ratio: 0.9; rating input score 13; 13th percentile among comparable filings
- Officer compensation ratio: 2.7%; rating input score 42; 42nd percentile among comparable filings
Growth
- Program expense growth: 1.2% per year; rating input score 100; 11th percentile among comparable filings
- Revenue growth: 0.3% per year; rating input score 100; 6th percentile among comparable filings
- Asset growth: -2.4% per year; rating input score 0; 4th percentile among comparable filings
Details
- What they do: 12 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 80.5% of revenue deployed · 81% of spending went to programs
- Governance: 6 of 7 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $60.9M in reported program spending
- Leadership: top reported pay $517K · 13 people listed · 1 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $5.5M reported
- Consistency: 32 of 32 current checks pass
- Schedules: 8 filed schedules · includes foreign activity and executive pay
- Filing history: 15 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Transparency & Controls: Grant itemization coverage scored 0/100.
- Moderate — Sustainability: Operating margin scored 34/100.
- High — Sustainability: Total-asset coverage ratio scored 25/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 13/100.
- Moderate — Sustainability: Officer compensation ratio scored 42/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.