Aurora Health Care is a health care provider for 30 communities in eastern Wisconsin and northern Illinois with 15 hospitals, more than 150 clinics, and 70 pharmacies. In addition, Aurora Health care has approximately 700 clinical research projects including more than 400 clinical trials going on.
The most recent IRS Form 990 (2016) reports the organization – a 501 (c) (3) based in Milwaukee, Wisconsin – reported total revenue of $4.629 billion, almost all of which came from program services. Expenses totaled $4.287 billion (including $140 million in depreciation) concentrated in three areas: compensation ($2.252 billion), payments to affiliates ($807 million), and medical supplies/equipment rental/hospital tax assessment ($752 million). Aurora Health Care had $342 million in excess revenue which contributed to the organization’s ability to increase the net assets or fund balance from $4.485 billion in the beginning of the year to $4.836 billion at year-end.
In 2016, the organization employed 29,543 employees who were compensated $2.252 billion, which equates to an average compensation of $76,500. 3,155 employees received more than $100,000 in compensation with the 87 most highly compensated employees listed below: Read more
Allina Health System is a non-profit health care provider based in Minneapolis that owns or operates 13 hospitals and more than 90 clinics through Minnesota and Wisconsin.
In 2016, total revenue was $4.104 billion while total expenses were $4.073 billion (including $170 million in depreciation). The three largest expenses were compensation ($2.5 billion), office-related ($767 million), and fees for services ($383 million). The net assets or fund balance at the beginning of the year was $2.330 billion. After adding excess revenue ($31 million) and net unrealized gains on investments and other changes in assets ($37 million), the net assets or fund balance was $2.398 billion at year-end. Read more
Dignity Health is one of the largest non-profit healthcare providers in the United States. Headquartered in San Francisco, Dignity Health is the largest hospital provider in California although this 501 (c) (3) serves communities in 21 states.
The most recent IRS Form 990 available (2016) for the year ending June 30, 2017 for Dignity Health (the administrative entity only – note: there are numerous 501 (c) (3’s) in which Dignity Health is the direct controlling entity) reported $9.9 billion in revenue, $9.8 billion in expenses (including $480 million in depreciation). At the beginning of the year net fund assets were $4.2 billion but after adding in excess revenue, unrealized gains on investments, and changes in assets, Dignity Health closed the year with $5.1 billion.
In 2017, Dignity Health reported having 54,608 employees who were compensated $5.2 billion (about 50% of the revenue), which equates to an average compensation of $94,500. 13,933 individuals received more than $100,000 in compensation with the 33 most highly compensated individuals listed below: Read more
Simply the best cereal on the market.
Muesli is a breakfast cereal made up of raw rolled oats, grains, dried fruits, nuts, and seeds that is typically enjoyed with your favorite type of milk or yogurt (note: I find it especially delicious with unsweetened Milkadamia – a non-dairy nut milk).
Some people claim that muesli is just raw granola but that description doesn’t do the Swiss invention justice. While many of the ingredients are the same, muesli differs from granola in three ways: muesli is not baked, does not contain oil, and typically has no added sweeteners. Read more
Never run in town or people’ll think you stole something.
Where the Crawdads Sing is the first book of fiction published by Delia Owens, an author known more for the non-fiction books (The Eye of the Elephant, Cry of the Kalahari, and Secrets of the Savanna) she co-authored with Mark Owens about her experiences as a wildlife scientist in Africa. With the same attention to detail and observation made in previous books, Owens writes a coming of age novel about a young girl growing up in the marshlands of North Carolina in the 1950’s and 60’s, which is rumored to be partially autobiographical. Read more
EDESIA is a 501 (c) (3) based in North Kingston, Rhode Island that produces high quality ready-to-use food under a license from Nutriset (a French company whose focus is on producing food to prevent and reverse malnutrition). EDESIA manufactures these food packets and sells them to organizations who distribute the products in the developing world. Hence, the primary source of revenue is from the sale of these products (primarily to other non-profits).
In 2017, EDESIA reported $40 million in revenue, $37 million of which came from product sales. The remaining revenue came from government grants and contributions. Read more
Washington University in St Louis (WU) is a private research university with about 14,000 full time students (8,000 undergraduate and 6,000 graduate). Tuition, room, board and fees for undergraduates is about $70,000 annually or about $280,000 for a 4-year degree.
In 2017, WU reported total revenue of $3.3 billion, of which $2.3 billion came from program services (i.e. tuition, room, board, fees, patient, labs, and hospital support, research, sales and services). Approximately $450 million came from grants, $250 million from contributions, and $300 million from the gain on the sale of assets, royalties, and other services. Read more
Chickpeas (also known as garbanzo beans) and pasta are not two foods that people think about putting together but if you’re looking for a fresh delicious new take on a summer pasta salad, look no further. Chickpea pasta is delicious, has a slightly heavier texture and heartier flavor than white pasta, and is infinitely more nutritious with 12 grams of protein and 1 gram of natural sugar per serving.
Full of greens, vegetables, and beans, the Chickpea Pasta Salad doesn’t need any oil or sauce to bring it together. Instead, the addition of an avocado (chopped) and the juice from a fresh lemon add a creamy tangy texture to the salad. Read more
Catholic Health Initiatives (CHI) is one of the largest non-profit health care providers in the country with 101 hospitals and clinics in 18 states. Based in Englewood, Colorado, CHI has more than 250 related organizations that file separate Form 990’s. This post simply addresses the executive compensation at CHI in Englewood, Colorado.
3,446 employees were compensated $396 million, or an average of compensation of $114,000 in 2017. However, only 962 employees were compensated more than $100,000 with the 24 most highly compensated individuals listed below: Read more
Ascension Health is the nation’s largest Catholic non-profit health system with 151 hospitals, 2,600 sites of care, and 50 senior living facilities in 21 states and the District of Columbia. The sole corporate member of Ascension Health is Ascension Health Alliance, a Missouri non-profit 501 (c) (3). Consequently, there are two separate IRS Form 990’s that need to be viewed to gain an understanding of the executive compensation. Read more