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Illinois · Nonprofit

ADVOCATE SHERMAN HOSPITAL

ADVOCATE SHERMAN HOSPITAL (Illinois) receives grants from 3 organizations whose IRS filings report $110,400 to it, the largest being The Coleman Foundation Inc ($110,000). 0 of them have funded it in more than one year.

Revenue FY2024
$562M
Funders on record
3
Grants received
$110k
Net assets
$243M
0/3 repeat funderspeak grant-dependency 0%
01What it does

What Advocate Sherman Hospital does

Mission

The mission of Advocate Sherman Hospital is to serve the health needs of individuals, families and communities through a wholistic philosophy rooted in our fundamental understanding of human beings as created in the image of god.

As stated on its FY2024 Form 990.

Programs

  1. Financial assistance (charity care) and trauma care. Providing inpatient and outpatient health care services to the community regardless of the patients' ability to pay.as part of its community health strategy, Advocate Sherman Hospital (advocate sherman) is committed to promoting initiatives that enahance access to health care for the uninsured and underinsured. An example of this is the provision of financial assistance. Advocate Sherman Hospital offers a very generous financial assistance program, requiring no payments from the patients most in need, and providing discounts to uninsured and insured patients. Patients earning up to six times the fpl, and insured patients earning up to two and half times the fpl, may qualify for a full or partial financial assistance discount. Additionally, a catastrophic assistance discount is available for uninsured and insured patients whose incomes exceed the traditional financial assistance income guidelines and have outstanding patient balances of $25,000 or more for a single date of service or sum of several dates of service. These patients may qualify to receive a financial assistance discount that reduces their outstanding balance to 25%…

    $372,694,217 spent$509,808,337 earned by the program
    98% of program spending
  2. Health care services provided by physicians employed by the organization. Advocate sherman clinicians provide care to the community both at the hospital and in the community. Advocate sherman has more than 35 years of cardiovascular excellence focusing on proactively preventing, diagnosing and treating an array of heart conditions. As an accredited chest pain center through the society of cardiovascular patient care, advocate sherman is dedicated to the care of its cardiac patients. This accreditation means that the hospital integrates the industry's best practices to provide the best possible outcomes in cardiac care. The hospital's heart failure program has achieved advanced certification in heart failure designation for best practices in caring for heart failure patients. In 2022, advocate sherman provided 2,318 cardiac catherizations and 88 inpatient cardiovascular open-heart surgeries. Advocate sherman is recognized as a center of excellence in treating diseases and injuries of muscles, bones and joints and is a leader in state-of-the-art orthopedic diagnostic and treatment options. Depending on the injury or illness, treatment can range from non-surgical options, such as…

    $5,996,454 spent
    2% of program spending
  3. Description of Advocate Sherman Hospital. Advocate health care based in illinois and aurora health care based in wisconsin merged to become advocate aurora health in april 2018. Advocate sherman is a 255-bed not-for-profit hospital located in elgin, illinois, and is one of 27 acute care hospitals in the advocate aurora health system. Advocate sherman provides acute inpatient and outpatient medical care to individuals residing in the greater elgin, illinois area. Founded in 1888, the hospital has expanded its services to several off-site locations, including three immediate care centers and a stand-alone imaging center. At all these sites of care, the hospital's 952 credentialed physicians and 1,681 team members (employees) provide quality and compassionate care to individuals regardless of their ability to pay for services received. The hospital has operated in its current location on randall road since december 2009. Advocate sherman has been recognized for its commitment to continually improving performance and patient care as demonstrated through its achievement of several awards. Considered the national "gold standard" for nursing excellence among hospitals, the hospital has…

    $0 spent$1,251,886 earned by the program
    0% of program spending

The 3 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $378,690,671.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($441M) Expenses 100 ($416M) Net assets 100 ($193M)2018 Revenue 107 ($470M) Expenses 108 ($451M) Net assets 109 ($210M)2019 Revenue 106 ($466M) Expenses 104 ($431M) Net assets 127 ($245M)2020 Revenue 104 ($456M) Expenses 135 ($561M) Net assets 72 ($139M)2021 Revenue 112 ($494M) Expenses 110 ($460M) Net assets 90 ($173M)2022 Revenue 112 ($493M) Expenses 120 ($500M) Net assets 87 ($167M)2023 Revenue 119 ($526M) Expenses 119 ($496M) Net assets 102 ($197M)2024 Revenue 127 ($562M) Expenses 124 ($515M) Net assets 126 ($243M)
'17'18'19'20'21'22'23'24
Revenue (127)Expenses (124)Net assets (126)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $514M to $440M (−14%).

$520M
$521M
$554M
$492M
$508M
$514M
$440M
$478M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 0% · 2018 0% · 2019 0% · 2020 6% · 2021 0% · 2022 1% · 2023 0% · 2024 0%. Grants only. Government contracts and fees sit inside program revenue.

0% of ADVOCATE SHERMAN HOSPITAL’s revenue is contributions — about as donation-reliant as the typical peer (1% for the typical peer).

This organization
Typical peer · 2,211 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

$24M
’17
$20M
’18
$35M
’19
−$105M
’20
$34M
’21
−$6.5M
’22
$30M
’23
$46M
’24
1.2
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Rev Nathaniel Edmond

Director, chairperson

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed4547505153565054
Joined·+9+9+6+13+6+6+9
No longer listed·765113125
03Who funds it

Who funds it, year by year

2017 → 2020: the base broadened from 1 funder to 2 funders, grant income rose $100 → $110k.

Left out of every figure on this page: $2.8M from one payer (the payer shares this organization's board, largest Advocate Charitable Foundation). These are real filings, and they are not money ADVOCATE SHERMAN HOSPITAL raised.

From the IRS filings of ADVOCATE SHERMAN HOSPITAL’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

ADVOCATE SHERMAN HOSPITAL leans on a few funders — its largest provides 100% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2017 100% · 2020 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of ADVOCATE SHERMAN HOSPITAL's grant income comes from Illinois funders.

IL
FL

In-state vs out-of-state, by year

’17
’20
Illinois out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

ADVOCATE SHERMAN HOSPITAL runs a healthier operating margin than half of the 2,075 health nonprofits its size.

Operating margin8% · above the median
Months of reserve1.2mo · above the median
Revenue growth (annualized)4% · bottom quartile

this organization peer median middle 50% of peers· 2,075 health nonprofits over $100M, FY2024

Organizations like ADVOCATE SHERMAN HOSPITAL

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Illinois

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

78% of spending goes to programs.

Program 78%Management 22%Fundraising 0%

Governance

25
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Footprint & structure

Files a return copy in 1 state

IL

Part of a family of 20 related entities

  • Advocate Health Care Network · exempt
  • Advocate Condell Medical Center · exempt
  • Advocate North Side Health Network · exempt
  • Advocate Health & Hospitals Corporation · exempt
  • Advocate Charitable Foundation · exempt

Screen this organization

A dated, signed PDF of the compliance screen for ADVOCATE SHERMAN HOSPITAL: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds ADVOCATE SHERMAN HOSPITAL?
ADVOCATE SHERMAN HOSPITAL (Illinois) receives grants from 3 organizations whose IRS filings report $110,400 to it, the largest being The Coleman Foundation Inc ($110,000). 0 of them have funded it in more than one year.
How many funders does ADVOCATE SHERMAN HOSPITAL have?
IRS filings report 3 organizations giving $110,400 in grants to ADVOCATE SHERMAN HOSPITAL.
Who is the largest funder of ADVOCATE SHERMAN HOSPITAL?
The Coleman Foundation Inc is the largest funder on record, with $110,000 in grants. The full list of funders is on this page.
How can an organization like ADVOCATE SHERMAN HOSPITAL find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing