Official Seal, Everything Is Broken (2026)

Everything Is Broken

Report No. 1 · Nonprofit Hospital Executive Pay vs Charity Care · Annual Report, 2026 edition

Illinois · Wisconsin · North Carolina · Ranked 3 of 1033 by CEO pay.

Advocate Health (Midwest)

Eugene Woods, Chief Executive Officer. Fiscal year ending 2024-12.

$25.8M
CEO total compensation
Form 990 Part VII, columns D+E+F
0.66%
of expenses spent on charity care
Schedule H Part I line 7a
22.4%
CEO pay as a share of all charity care
Eugene Woods’s pay of $25,781,275 equals 22.4 percent of the $114,937,893 the system spent on charity care in the same year.

Most of the reported compensation ($22,870,197 of $25,781,275) came from a related organization (Part VII column E) and was reported on this filing.

Also listed with a chief executive title in the same filings: James Skogsbergh, Co-Chief Executive Officer, $30,862,679. Where a chief executive retired during the year, the filing reports the final-year payout.

§1The filing

Total revenue
$17,818,504,222
Total expenses
$17,477,991,496
Net assets
$15,364,662,638
Employees
72,381
Hospitals covered
24 facilities across 6 filings
Charity care, net
$114,937,893
Bad debt
$406,198,714
Medicare surplus (shortfall), as filed
($1,147,097,149)
CEO pay from the organization (Part VII col. D)
$0
From related organizations (col. E)
$22,870,197
Other compensation, including deferred pay and nontaxable benefits (col. F)
$2,911,078
CEO total compensation (D+E+F)
$25,781,275 to Eugene Woods

Medicare surplus (shortfall) is Schedule H Part III line 7: Medicare revenue minus the cost of Medicare care. A figure in parentheses is a shortfall. Like bad debt, it is not community benefit on the IRS form.

Source: Form 990, Advocate Health (Midwest), EIN 36-2169147, fiscal year ending 2024-12, as published by the IRS. CEO identification: manual override.

§2Community benefit versus charity care

What the system reported as total community benefit (Schedule H line 7k)$809.9M Of which charity care to patients who could not pay (line 7a)$114.9M (14%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($406.2M) and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.

§3Filings in this system

Filing entityEINFY endRevenueCharity care% of expensesFiling
Advocate Health and Hospitals Corp36-21691472024-12$7.8B$47.6M0.58%990
Aurora Health Care Inc Group Return61-16492502024-12$7.4B$50.1M0.74%990
Advocate North Side Health Network36-31966292024-12$1.4B$5.2M0.48%990
Advocate Condell Medical Center26-25259682024-12$643.1M$5.8M1.05%990
Advocate Sherman Hospital36-21679202024-12$561.7M$6.1M1.25%990
Advocate Health Inc88-41574292024-12$333,741990

Every number on this page was copied from the filing linked above. If a figure is wrong, send the filing that contradicts it and the correction runs at the top of this page.

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Advocate Health (Midwest): CEO pay $25.8M, charity care 0.66% of expenses