Executive Compensation at Hippocrates Health Institute (2018)
The Hippocrates Health Institute (HHI) is a tax-exempt, non-profit 501 (c) (3) that operates out of a 50-acre tropical setting in West Palm Beach, Florida that provides educational and instructional services to teach individuals how to live and eat healthier.
With 7 voting members – five of whom appear to be related (since only 2 are independent) – Brian Clement, President, his wife, Anna Maria Clement (Vice President) Robert Clement, Anna Helena Birgitta Brand, Solomon Gabbay, Shula Gabbay, and Julia Loggins, the organization is not one that relies on donations but instead “tuition for services” which is the cost to attend HHI (which varies depending on the type of accommodations but generally costs about $500 per day to attend this health spa).
In 2018, HHI reported total revenue of $19 million, of which $17 million (89%) came from tuition and services (medical, therapy, and other), $1.5 million (8%) from the sale of inventory, with the remaining $0.5 million (3%) from investment income and contributions.
Expenses totaled $19 million (not including $1 million in depreciation) with the largest expense being compensation ($10 million) for the 253 employees. 3 employees received more than $100,000 in compensation with the two most highly compensated employees reported to be:
- $819,567: Brian R Clement, President
- $801,595: Anna Maria Clement, Vice President
Brian Clement and Anna Maria Clement are husband and wife which means collectively they received more than $1.6 million in compensation for running a high end health spa that few people can afford to attend and one that has non-profit status. If total compensation for Brian and Anna Maria Clement were excluded from total compensation, than 251 employees received $8.4 million, which equates to an average compensation of $33,500.
To read the IRS Form 990 (2018), click here.