Edward Health Ventures
Donations deductibleRevenue
$187.6m
year to 31 December 2024
Expenses
$273m
year to 31 December 2024
Total assets
$155m
$187.4m liabilities
Net assets
Minus $32.4m
assets less liabilities
Directors and trustees
17
2.4 years on average
Staff
1,838
10 volunteers
Left since last filing
0
no seats appear to have opened
Officers and senior staff
11
named in Part VII
Edward Health Ventures' network
17 people9 organisationsi17 people and 9 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (17). Violet dotted lines (42) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
17 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 15 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Sean Chou Chair | Chair | 2024 | 2 yrs |
| Adam Schriedel | Trustee (until 6/30/24) | 2024 | 2 yrs |
| Brad Cutler | Trustee | 2024 | 2 yrs |
| David Morrissey | Trustee (until 6/30/24) | 2024 | 2 yrs |
| Elizabeth Aquino | Trustee | 2024 | 2 yrs |
| Harry Siavelis | Trustee (as of 7/1/24) | 2024 | 2 yrs |
| Joseph Dant | President, South Region/Trustee | 2024 | 2 yrs |
| Margaret Dixon Harrell | Vice Chair | 2024 | 2 yrs |
| Mark Gomez | Trustee | 2024 | 2 yrs |
| Michael T Hoffman | Trustee | 2024 | 2 yrs |
| Ram Shivakumar | Trustee | 2024 | 2 yrs |
| Ravi Nemivant | Trustee | 2024 | 2 yrs |
| Robert Platt | Trustee | 2024 | 2 yrs |
| Sasha Demos | Trustee (as of 7/1/24) | 2024 | 2 yrs |
| Tom S Lee | Trustee | 2024 | 2 yrs |
| Valerie Cahill | Trustee | 2024 | 2 yrs |
| Walter Whang | Trustee | 2024 | 2 yrs |
Officers and senior leadership
11 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Christine Gresik | Physician | 2024 |
| Douglas D Welday | System Treasurer and CFO | 2024 |
| Feras Bankosly | Physician | 2024 |
| Gerald P Gallagher | System President & CEO | 2024 |
| Jason Ogden | Assistant Treasurer | 2024 |
| Katie McGovern | SVP, Medical Group Operations | 2024 |
| Lucio Pavone | Physician | 2024 |
| Lydia Andrasz | Assistant Secretary | 2024 |
| Minh Luu | Physician | 2024 |
| Shivani Bautista | System Chief Legal Officer/Secretary | 2024 |
| Zahab Ahsan | Physician | 2024 |
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Zahab Ahsan | Physician | 40 | $1.9m | $51k | |
| Lucio Pavone | Physician | 40 | $1.4m | $25k | |
| Minh Luu | Physician | 40 | $1.3m | $54k | |
| Christine Gresik | Physician | 40 | $1.3m | $24k | |
| Feras Bankosly | Physician | 40 | $1.2m | $40k | |
| Walter Whang | Trustee | 40 | $563k | $49k | |
| Michael T Hoffman | Trustee | 40 | $531k | $47k | |
| Adam Schriedel | Trustee (until 6/30/24) | 40 | $506k | $40k | |
| Mark Gomez | Trustee | 40 | $421k | $49k | |
| Katie McGovern | SVP, Medical Group Operations | 40 | $418k | $55k | $99k |
| Brad Cutler | Trustee | 40 | $403k | $53k | |
| John Klosowski | Former Key Employee | 40 | $255k | $24k | |
| Kristi Devalk-Caswick | Former Key Employee | 40 | $228k | $19k | |
| Jennifer Enright | Former Key Employee | 40 | $175k | $37k | |
| Joseph Dant | President, South Region/Trustee | 1 | $0 | $1.1m | $372k |
| Margaret Dixon Harrell | Vice Chair | 1 | $0 | ||
| Sean Chou | Chair | 1 | $0 | ||
| David Morrissey | Trustee (until 6/30/24) | 1 | $0 | ||
| Elizabeth Aquino | Trustee | 1 | $0 | ||
| Harry Siavelis | Trustee (as of 7/1/24) | 1 | $0 | ||
| Ram Shivakumar | Trustee | 1 | $0 | ||
| Ravi Nemivant | Trustee | 1 | $0 | ||
| Robert Platt | Trustee | 1 | $0 | ||
| Sasha Demos | Trustee (as of 7/1/24) | 1 | $0 | ||
| Tom S Lee | Trustee | 1 | $0 | ||
| Valerie Cahill | Trustee | 1 | $0 | ||
| Douglas D Welday | System Treasurer and CFO | 1 | $0 | $1.9m | $330k |
| Gerald P Gallagher | System President & CEO | 1 | $0 | $3.6m | $1.6m |
| Jason Ogden | Assistant Treasurer | 1 | $0 | $424k | $47k |
| Lydia Andrasz | Assistant Secretary | 1 | $0 | $303k | $49k |
| Shivani Bautista | System Chief Legal Officer/Secretary | 1 | $0 | $803k | $422k |
| Arvind Ramanathan | Former Key Employee | 0 | $0 | $209k | $39k |
| Chris J Mollet | Former Officer | 0 | $0 | $676k | $152k |
| Daniel Sullivan | Former Key Employee | 0 | $0 | $455k | |
| Denise Chamberlain | Former Officer | 0 | $0 | $881k | $246k |
| Mary Lou Mastro | Former Officer | 0 | $0 | $468k | |
| Maureen Kunz | Former Key Employee | 0 | $0 | $296k | $55k |
| Michael P McKenna | Former Key Employee | 0 | $0 | $323k | $49k |
About
- Legal name
- Edward Health Ventures
- EIN
- 581672987
- Address
- 3040 W Salt Creek Ln, Arlington HTS, IL, 60005-1069
- State
- Illinois
- Mission
- (as filed on the Form 990)
- Activity (NTEE)
- E110 Health care
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Health Care
- Size band
- 9 (IRS master file code)
- Formed
- 1986
- IRS ruling date
- 1 April 1988
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 1, latest 2024
- IRS Publication 78
- PC (contributions deductible)
Most connected
Related organisations (Schedule R)
RelatedHealthcareEdward Ambulance Services LLCRelatedFundraisingEdward FoundationRelatedHealthcareEdward Health and Fitness CenterRelatedHospitalEdward Hospital
Longest observed on the filings
≥2years on the filingsSean Chou
≥2years on the filingsAdam Schriedel
≥2years on the filingsBrad Cutler
≥2years on the filingsDavid Morrissey
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $155m
- Total liabilities
- $187.4m
- Net assets or fund balances
- Minus $32.4m
- Contributions and grants received
- $0
- Program service revenue
- $186.8m
- Employees
- 1,838
- Volunteers
- 10
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $187.6m | $273m | Deficit $85.3m |
As filed on the IRS Form 990. US dollars.