Civic Intelligence

Midwest Community Real Estate Corp

EIN 36-3461020 • 501(c)3 • New Lenox, IL

Profile

Real estate management - midwest community real estate corporation owns, manages and maintains real estate for affiliated charitable organizations.

1900 Silver Cross BlvdNew Lenox, IL 60451

silvercross.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

97th percentile

1.28x

Higher debt load relative to assets than 97% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

98th percentile

20.28x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

66th percentile

12%

Higher net margin than 66% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

55th percentile

6.9%

Faster asset growth than 55% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2024

Revenue Growth

79th percentile

27%

Faster revenue growth than 79% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets97th percentile

Assets

Up

$39,475,707

Up $4,414,165 (+13%) from 2023

Liabilities

Up

$50,530,451

Up $4,118,025 (+8.9%) from 2023

Net Assets

Up

-$11,054,744

Up $296,140 (+2.6%) from 2023

Operations
Liabilities / Revenue98th percentileNet Margin66th percentile

Revenue

Up

$2,491,364

Up $312,732 (+14%) from 2023

Expenses

Down

$2,195,224

Down $142,561 (-6.1%) from 2023

Net Income

Up

$296,140

Up $455,293 (+286%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth55th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0-$20MAssets 2020: $24,394,590Liabilities 2020: $35,199,577Net Assets 2020: -$10,804,9872020Assets 2021: $34,160,181Liabilities 2021: $44,601,381Net Assets 2021: -$10,441,2002021Assets 2022: $34,527,561Liabilities 2022: $45,719,292Net Assets 2022: -$11,191,7312022Assets 2023: $35,061,542Liabilities 2023: $46,412,426Net Assets 2023: -$11,350,8842023Assets 2024: $39,475,707Liabilities 2024: $50,530,451Net Assets 2024: -$11,054,7442024

Highlighted filing

2024

Assets$39,475,707
Liabilities$50,530,451
Net Assets-$11,054,744
Open 2024 Filing

Operations Trend

Revenue Growth79th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2020: $1,970,686Expenses 2020: $2,507,644Net Income 2020: -$536,9582020Revenue 2021: $2,573,184Expenses 2021: $2,209,397Net Income 2021: $363,7872021Revenue 2022: $1,541,719Expenses 2022: $2,292,250Net Income 2022: -$750,5312022Revenue 2023: $2,178,632Expenses 2023: $2,337,785Net Income 2023: -$159,1532023Revenue 2024: $2,491,364Expenses 2024: $2,195,224Net Income 2024: $296,1402024

Highlighted filing

2024

Revenue$2,491,364
Expenses$2,195,224
Net Income$296,140
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$39,475,707
Liabilities
$50,530,451
Net assets
-$11,054,744
Revenue
$2,491,364
Expenses
$2,195,224
Net income
$296,140
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$39.5$50.5$11.1$2.49$2.20$0.30
2023Detailed filing. Detailed filing data is available for this year.$35.1$46.4$11.4$2.18$2.34$0.16
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$34.5$45.7$11.2$1.54$2.29$0.75
2021Detailed filing. Detailed filing data is available for this year.$34.2$44.6$10.4$2.57$2.21$0.36
2020Detailed filing. Detailed filing data is available for this year.$24.4$35.2$10.8$1.97$2.51$0.54
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Aug 14, 2025
Return Version
2023v6.0
Gross Receipts
$3,345,630
Mission and Program Overview

Mission

Real estate management. Midwest community real estate corporation owns, manages and maintains real estate for affiliated charitable organizations.

Real Estate Management - Midwest Community Real Estate Corporation owns, manages and maintains real estate for affiliated charitable organizations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$27,217,913$28,828,920▲ $1,611,007
Accounts Receivable$78,142$1,109,168▲ $1,031,026
Savings and Temporary Cash Investments$152,288$89,683▼ $62,605
Prepaid Expenses and Deferred Charges$4,790$4,790→ $0
Total Assets$35,061,542$39,475,707▲ $4,414,165
Other Assets Total$7,608,409$9,443,146▲ $1,834,737
Liabilities
Other Liabilities$45,108,241$49,881,962▲ $4,773,721
Accounts Payable and Accrued Expenses$1,304,185$648,489▼ $655,696
Total Liabilities$46,412,426$50,530,451▲ $4,118,025
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-11,350,884$-11,054,744▲ $296,140
Total Net Assets Fund Balance$-11,350,884$-11,054,744▲ $296,140
Total Liabilities and Net Assets / Fund Balance$35,061,542$39,475,707▲ $4,414,165

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,014,901$15,053,989$21,068,890
Land$20,075,356-$20,075,356
Leasehold Improvements$2,153,288$450,662$2,603,950
Other Land Buildings$530,555$1,586,066$2,116,621
Equipment$54,820$411,531$466,351
Other Assets Org$5,890--
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Kay NovakPresident
Vincent PryorSecretary
Michael MuttererTreasurer
Ruth ColbyTreasurer (until 10/16/23)
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,877,098
Investment Income
$501,523
Other Revenue
$112,743
Change in Net Assets
$296,140
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,195,224
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$1,005,311--$1,005,311
Fees for Services Other$661,352$29,491-$690,843
Occupancy$404,261$665-$404,926
Office Expenses$38,558--$38,558
Fees for Services Management$33,888--$33,888
All Other Expenses$21,698--$21,698
Total Functional Expenses$2,165,068$30,156$0$2,195,224
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Silver Cross Hospital$41,149,501
Due to Silver Cross Health System$8,354,730
Due to Health Service Systems$328,062
Security Deposits/Prepaid Rent$24,137
Due to MSO$19,642
Due to Silver Cross Foundation$5,890
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

“Silver Cross Health System is the sole corporate member of Midwest Community Real Estate.”

Form 990, Part VI, Section A, line 7A

“Silver Cross Health System may appoint members to the board of directors of Midwest Community Real Estate.”

Form 990, Part VI, Section A, line 7B

“All decisions made by the board of directors of Midwest Community Real Estate are subject to the approval of the board of directors of Silver Cross Health System.”

Form 990, Part VI, Section B, line 11B

“The form 990 is prepared with the assistance of a public accounting firm. A copy of the form 990 is provided to the chairman of the governance and management effectiveness committee of the Silver Cross Health System board of directors for review prior to filing.”

Form 990, Part VI, Section B, line 12C

“Any conflict of interest on the part of a director, officer, or key employee shall be disclosed on an annual basis using a questionnaire tool and is monitored and reviewed by the corporate compliance officer. Identified conflicts may be reviewed by the board and when any such interest becomes a matter of board action, the directors shall not vote or use personal influence on the matter and shall not be counted in a quorum for a meeting at which board action is to be taken on the interest. If it is determined that a director, officer, or key employee is non-compliant with the conflict of interest policy, the individual may be subject to disciplinary actions up to and including dismissal.”

Form 990, Part VI, Section B, line 15

“Midwest Community Real Estate has no employees.”

Form 990, Part VI, Section C, line 19

“Governing documents, conflict of interest policy and financial statements are available to individuals upon request.”

Filing and Contact Details

Filer

Filer Name
Midwest Community Real Estate Corp
EIN
36-3461020
Phone
8153007007
Address
1900 Silver Cross Blvd, New Lenox, IL 60451

Signing Officer

Name
Vincent Pryor
Title
Evp & CFO
Phone
8153007007
Signed
2025-08-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Vincent Pryor
Formed
1985
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Rsm US Llp
Address
30 South Wacker Dr Suite 3300, Chicago, IL 60606-3392
Preparer
Rebekuh Eley
Phone
3126343400
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

“Other Fees: Program service expenses 661,352. Management and general expenses 29,491. Fundraising expenses 0. Total expenses 690,843.”

Financial Statement Notes

Part X, Line 2:

“The Corporation accounts for tax positions in accordance with ASC Topic 740, Income Taxes. ASC Topic 740 clarifies the accounting for uncertainty in tax positions and also provides guidance on when the tax positions are recognized in an entity's financial statements and how the value of these positions are determined. The corporation does not have any liabilities recognized for uncertain tax positions.”

Raw XML AppendixShowing 400 of 615 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Midwest Community Real Estate Corp supports Silver Cross Hospital and Medical Centers by providing real estate management services so that Silver Cross Hospital can focus on its mission.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1While the Midwest Community Real Estate Corp's governing documents do not specify Silver Cross Hospital by name as its supported organization the organization's bylaws do allow the board to select one or more qualified organizations. The supported organization is designated by class or purpose within the meaning of Section 501(c)(3) of the Internal Revenue Code ("the Code") by conducting or supporting activities for the benefit of, performing the functions of, or carrying out the purposes of qualified organizations promoting the health of the community within the meaning of section 501(c)(3) of the code.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2All of the entities that fall within the same corporate structure as this Organization are controlled and managed by primarily the same persons. The Board of Directors members who are employed by any of the entities are making all day-to-day operating decisions for all organizations under Silver Cross Health System.
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IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd00
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd03
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt02593776
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Silver Cross Hospital and Medical Centers
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt06014901
IRS990ScheduleD/BuildingsGrp/DepreciationAmt015053989
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt021068890
IRS990ScheduleD/EquipmentGrp/BookValueAmt054820
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0411531
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0466351
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt020075356
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt020075356
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02153288
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0450662
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt02603950
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt04770308
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt13965550
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2684308
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt317090
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt45890
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Due from Health Service Systems
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Due from Silver Cross Hospital
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Due from MSO
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3Due from Silver Cross Health System
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4Due from Silver Cross Foundation
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0530555
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01586066
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02116621
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt041149501
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt18354730
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2328062
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt324137
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt419642
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt55890
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Due to Silver Cross Hospital
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Due to Silver Cross Health System
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Due to Health Service Systems
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Security Deposits/Prepaid Rent
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4Due to MSO
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5Due to Silver Cross Foundation
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Corporation accounts for tax positions in accordance with ASC Topic 740, Income Taxes. ASC Topic 740 clarifies the accounting for uncertainty in tax positions and also provides guidance on when the tax positions are recognized in an entity's financial statements and how the value of these positions are determined. The corporation does not have any liabilities recognized for uncertain tax positions.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt028828920
IRS990ScheduleD/TotalBookValueOtherAssetsAmt09443146
IRS990ScheduleD/TotalLiabilityAmt049881962
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt0320046
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt1200747
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt2135854
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt324184
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0855218
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1629273
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2464662
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt3247316
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt019800
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt119800
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt219800
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt316820
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt044561
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt141150
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt238976
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt337246
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt0223475
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt1157996
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Ruth Colby
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Vincent Pryor
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2Michael Mutterer
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3Kay Novak
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Treasurer (until 10/16/23)
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1Secretary
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2Treasurer
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt01463100
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt11048966
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2659292
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt3325566
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0Silver Cross Health System, the parent organization of Midwest Community Real Estate, uses the following to establish executive compensation: 1) Compensation committee, 2) Independent compensation consultant.
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt1The supplemental executive retirement program (SERP) is a non-qualified compensation program designed to provide additional, market-competitive retirement benefits to certain management employees. The SERP was designed to provide retirement benefits that take into account an employee's total compensation without regard to the annual limit on compensation that applies under qualified retirement plans. The board has reviewed and approved the SERP benefits, concluding that it is a market-competitive benefit and that the total retirement benefits and total compensation are reasonable when compared to the benefits and compensation provided by similarly situated organizations to employees in comparable positions. For the reporting year the following reported persons participated in the SERP and received the following employer-funded amounts: Ruth Colby - $208,730 and Vincent Pryor - $157,996.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 3
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, Line 4b
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Silver Cross Health System is the sole corporate member of Midwest Community Real Estate.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Silver Cross Health System may appoint members to the board of directors of Midwest Community Real Estate.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All decisions made by the board of directors of Midwest Community Real Estate are subject to the approval of the board of directors of Silver Cross Health System.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The form 990 is prepared with the assistance of a public accounting firm. A copy of the form 990 is provided to the chairman of the governance and management effectiveness committee of the Silver Cross Health System board of directors for review prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Any conflict of interest on the part of a director, officer, or key employee shall be disclosed on an annual basis using a questionnaire tool and is monitored and reviewed by the corporate compliance officer. Identified conflicts may be reviewed by the board and when any such interest becomes a matter of board action, the directors shall not vote or use personal influence on the matter and shall not be counted in a quorum for a meeting at which board action is to be taken on the interest. If it is determined that a director, officer, or key employee is non-compliant with the conflict of interest policy, the individual may be subject to disciplinary actions up to and including dismissal.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Midwest Community Real Estate has no employees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Governing documents, conflict of interest policy and financial statements are available to individuals upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Other Fees: Program service expenses 661,352. Management and general expenses 29,491. Fundraising expenses 0. Total expenses 690,843.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, line 11g
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd01
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0SCHS
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0363262450
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0Physician Services

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