SwedishAmerican Hospital Self Insurance Trust
Nonprofit profile at a glance
- EIN
- 366652702
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Rockford, IL, USA
- Phone
- 7796964009
- Rating
- 49
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $352,694
- Expenses
- $110,641
- Assets
- $8,861,321
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
27 people listed
Executive titles in this filing
- Travis Andersen (President/CEO)
- Timothy Flynn MD (President, SA Medical Group)
- Sal Ababneh (COO & President of UWNI Hospitals)
Highest reported compensation
- Peter D Newcomer MD MMM (Trustee): $2,290,163 total reported compensation
- Travis Andersen (President/CEO): $1,677,898 total reported compensation
- Carey Gehl (Trustee): $1,128,470 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Through excellence in healthcare and compassionate service, we care for our community.
What it reported doing in 2024
Management and payment of Malpractice and General Liability claims of UW Health SwedishAmerican Hospital.
Operating model
- Revenue model
- Investment-supported. 100% of the money available for current operations came from recurring investment income.
- 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
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.
Rating breakdown
- Financial Efficiency: 31
- Transparency & Controls: 60
- Accountability: 72
- Sustainability: 84
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 19.4%; rating input score 19
- Program expense ratio: 61.9%; rating input score 62
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 66.7%; rating input score 67; 18th 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: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 68.6%; rating input score 96; 96th percentile among comparable filings
- Total-asset coverage ratio: 80.09; rating input score 99; 99th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 1,272.8%; rating input score 0; 0th percentile among comparable filings
Growth
- Program expense growth: -14.4% per year; rating input score 0; 8th percentile among comparable filings
- Revenue growth: -9% per year; rating input score 0; 6th percentile among comparable filings
- Asset growth: -1.4% per year; rating input score 0; 20th percentile among comparable filings
Details
- Where the money goes: 19.4% of revenue deployed · 61.9% of spending went to programs
- Governance: 10 of 15 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $68K in reported program spending
- Leadership: top reported pay $2.3M · 27 people listed · 0 of 6 pay-setting controls reported
- Consistency: 10 of 10 current checks pass
- Schedules: 5 filed schedules · includes executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 25 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 — Financial Efficiency: Mission deployment rate scored 19/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 0/100.