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30
Mar

How Revenue is Spent at the American Heart Association (2022)

The American Heart Association (AHA) is one of the most popular and recognized non-profits in the United States with enormous public support (although the past few years (2018-2020) were not great years for the organization with total revenue down 12% in 2019 to $746 million (compared to $852 million in 2018) and down 6% to $700 million in 2019-2020).

But, 2021 was a seemingly brighter year for the AHA with total revenue reported to be $804 million and in 2022, total revenue was $856 million.  That the AHA has more than $1.1 billion in their net fund balance is also noteworthy.  How did they do this?  Primarily by not spending as much as they raised (over the past few years, AHA has added more than $100 million annually to the general fund). Read more »

28
Mar

Executive Compensation at Intermountain Healthcare (2022)

Intermountain Healthcare refers to a large healthcare system (33 hospitals and nearly 400 clinics) based in Salt Lake City, Utah. Although there are  numerous organizations under the Intermountain Healthcare system, the primary entities include IHC Health Services, Inc. and the Intermountain Healthcare Foundation, Inc.  – both of whom operate out of the same office. Read more »

26
Mar

Executive Compensation at Carle Health Care, Carle Foundation Hospital, and Carle Foundation (2022)

Carle Health is a vertically integrated healthcare system (health insurance, medical care, education, and research) with 8 hospitals and group practices that employ more than 1,300 physicians and nearly 17,000 workers in Illinois, Indiana, Washington, and North Carolina. Carle Health also encompasses a medical school (Carle Illinois College of Medicine at Methodist College) and a research Institute (Stephens Family Clinical Research Institute). Read more »

24
Mar

Executive Compensation at the American Red Cross (2022)

When most people think of the American Red Cross (ARC), they often think of blood collection, testing, and distribution and/or disaster services – both domestic and international and in the most simplistic terms, this is what the ARC is about.

Formally known as the American National Red Cross (the organization is the designated affiliate of the International Federation of Red Cross and Red Crescent Societies), ARC was established by Clara Barton in 1881 and given a charter by Congress in 1900 and again in 1905 to carry out humanitarian services. Since that time, the charter has been amended nine times, with the most recent in 2009 to address reforms to the organization. Read more »

22
Mar

How Revenue is Spent at the American Red Cross (2022)

When most people think of the American Red Cross (ARC), they often think of blood collection, testing, and distribution and/or disaster services – both domestic and international and in the most simplistic terms, this is what the ARC is about.

Formally known as the American National Red Cross (the organization is the designated affiliate of the International Federation of Red Cross and Red Crescent Societies), ARC was established by Clara Barton in 1881 and given a charter by Congress in 1900 and again in 1905 to carry out humanitarian services. Since that time, the charter has been amended nine times, with the most recent in 2007 to address reforms to the organization. Read more »

20
Mar

Executive Compensation at Mount Sinai (2022)

Mount Sinai Hospital (MSH) is part of the Mount Sinai Health System (MSHS) – a network of 8 hospitals and a medical school formed in 2013 when the operations of Mount Sinai Medical Center and Continuum Health Partners merged. MSHS is the controlling entity or the affiliated organization – both non-profit and for profit – in the network.  Headquartered in New York City, NY, MSHS has about 4,000 beds and 43,000 employees, with nearly 20,000 of them employed by the Mount Sinai Hospital.

Key information to know about Mount Sinai Hospital (MSH), as reported on the Form 990 (2022) submitted to the IRS includes: Read more »

18
Mar

Executive Compensation at Mount Sinai Hospital (2021)

Mount Sinai Hospital (MSH) is part of the Mount Sinai Health System (MSHS) – a network of 8 hospitals and a medical school formed in 2013 when the operations of Mount Sinai Medical Center and Continuum Health Partners merged. MSHS is the controlling entity or the affiliated organization – both non-profit and for profit – in the network.  Headquartered in New York City, NY, MSHS has about 4,000 beds and 43,000 employees, with nearly 18,500 of them employed by the Mount Sinai Hospital.

Key information to know about Mount Sinai Hospital (MSH), as reported on the Form 990 (2021) submitted to the IRS includes: Read more »

16
Mar

Executive Compensation at Mount Sinai Hospital (2020)

Mount Sinai Hospital (MSH) is part of the Mount Sinai Health System (MSHS) – a network of 8 hospitals and a medical school formed in 2013 when the operations of Mount Sinai Medical Center and Continuum Health Partners merged. MSHS is the controlling entity or the affiliated organization – both non-profit and for profit – in the network.  Headquartered in New York City, NY, MSHS has about 4,000 beds and 43,000 employees, with nearly 18,500 of them employed by the Mount Sinai Hospital.

Key information to know about Mount Sinai Hospital (MSH), as reported on the Form 990 (2020) submitted to the IRS includes: Read more »

14
Mar

Executive Compensation at UPMC (2022)

The University of Pittsburgh Medical Center is a tax-exempt, non-profit healthcare provider with more than 95,000 employees that work in 40 hospitals and more than 800 healthcare-related clinics/offices and a 4 million member insurance services division (the largest medical insurer in western Pennsylvania).

The organization consists of hundreds of related/affiliated organizations (both non-profit and for-profit). This post addresses the executive compensation at UPMC Group (UPMC), a tax-exempt, non-profit 501 (c) 3 that employs the largest number of employees (75,000) within the system.

Of key importance is the 20 most highly compensated employees received more than $300 million in compensation from 2016-2022. Read more »

12
Mar

Executive Compensation at UPMC (2021)

The University of Pittsburgh Medical Center is a tax-exempt, non-profit healthcare provider with more than 95,000 employees that work in 40 hospitals and more than 800 healthcare-related clinics/offices and a 4 million member insurance services division (the largest medical insurer in western Pennsylvania).

The organization consists of hundreds of related/affiliated organizations (both non-profit and for-profit). This post addresses the executive compensation at UPMC Group (UPMC), a tax-exempt, non-profit 501 (c) 3 that employs the largest number of employees (72,000) within the system.

Of key importance is the 14 most highly compensated employees received more than $220 million in compensation from 2016-2021. Read more »