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30
Aug

12 Employees of Corewell Health Take Home $78 Million in Compensation

12 highly compensated employees at Corewell Health ((a tax-exempt, non-profit healthcare system – a 501 (c) 3 – that was formed in 2022 when Beaumont Health (based in Detroit, Michigan) merged with Spectrum Health (based in Grand Rapids, Michigan) with 21 hospitals and 300 outpatient locations staffed by 65,000 employees; and a system that consists of 14 tax-exempt organizations, 7 organizations taxable as a partnership, and 32 organizations taxable as a corporation or trust)) received $78 million in compensation from 2018-2023: Read more »

28
Aug

Executive Compensation at Corewell Health (2023)

Corewell Health (Corewell) is a tax-exempt, non-profit healthcare system – a 501 (c) 3 – that was formed in 2022 when Beaumont Health (based in Detroit, Michigan) merged with Spectrum Health (based in Grand Rapids, Michigan) with 21 hospitals and 300 outpatient locations staffed by 65,000 employees.

Corewell consists of 14 tax-exempt organizations, 7 organizations taxable as a partnership, and 32 organizations taxable as a corporation or trust.  This post reports the compensation of highly compensated employees as listed on the Corewell Health Group Return.  Key information about this organization is summarized as follows: Read more »

26
Aug

15 Employees of Texas Children’s Hospital Take Home $139 million in Compensation

15 employees of the Texas Children’s Hospital (TCH) – a tax-exempt non-profit 501 (c) 3 organization that is one of the nation’s largest and most comprehensive pediatric and women’s health care organizations in the US with more than 14,000 employees that work across 40 subspecialties and is he academic partner and the principal teaching site for the Baylor School of Medicine, in Bellaire, Texas) received $139 million in compensation from 2018-2023 (note:  highly compensated employees in any of the years 2018-2022 but not in 2023 are not included): Read more »

24
Aug

Executive Compensation at the Texas Children’s Hospital (2023)

The Texas Children’s Hospital (TCH) is a tax-exempt non-profit 501 (c) 3 organization that is one of the nation’s largest and most comprehensive pediatric and women’s health care organizations in the US.  With more than 14,000 employees that work across 40 subspecialties, TCH is he academic partner and the principal teaching site for the Baylor School of Medicine, in Bellaire, Texas.

Key financial information about TCH includes: Read more »

22
Aug

15 Employees of University of Texas Take Home $140 Million in Compensation

15 employees of the University of Texas Texas A & M Investment Management Company or UTMCO, the tax exempt, non profit organization whose mission is to manage the $45 billion endowment (as of 2023) of the University of Texas which is also known as “UT” (note:  UT Austin is the flagship school of the University of Texas system which includes 13 UT institutions, that has about 52,000 students (42,000 undergraduate and 10,000 graduate) where tuition, room and board for in-state students total approximately $35,000 annually while out-of-state students pay approximately $70,000 for tuition, room and board) received $140 million in compensation from 2018-2023 (note:  highly compensated employees in any of the years 2018-2022 but not in 2023 are not included): Read more »

20
Aug

Executive Compensation at the University of Texas (2023)

The University of Texas which is also known as “UT” (note:  UT Austin is the flagship school of the University of Texas system which includes 13 UT institutions) has about 52,000 students (42,000 undergraduate and 10,000 graduate) where tuition, room and board for in-state students total approximately $35,000 annually while out-of-state students pay approximately $70,000 for tuition, room and board.

UT is often in the news or on the list of the top largest university endowments because systemwide, UT has a $45 billion endowment (as of 2023) which is second to Harvard who has $50 billion. It’s a big job to manage a $45 billion endowment and that task falls upon The University of Texas Texas A & M Investment Management Company (UTMCO), a tax-exempt, non-profit 501 (c) 3 that is overseen by 9 voting members (directors) of the governing body, 8 of whom are independent This post addresses the executive compensation of those employed at UTMCO. Read more »

18
Aug

20 Employees at the University of Southern California (USC) Take Home $208 Million in Compensation

20 of the most highly compensated employees in 2023 at the University of Southern California (USC) –  a privately funded research university (not publicly funded like many state universities ) with about 47,000 students (21,000 undergrads and 26,000 graduate and professional students) where annual tuition, room and board is about $100,000 or about $400,000 for a 4-year degree – received $208 million from 2017-2023 (note:  this list does not include any high compensated employees in any of the years 2017-2022 bu not in 2023): Read more »

16
Aug

Executive Compensation at the University of Southern California (2023)

The University of Southern California (USC) is a privately funded research university (not publicly funded like many state universities ) and is therefore governed by a board of trustees (as opposed to a state legislature or board of regents) with about 47,000 students (21,000 undergraduate and 26,000 graduate and professional students) in California.

Approximately 80,000 undergraduate students apply annually; 10% or 8,000 are admitted.  Annual tuition, room and board is about $100,000 or about $400,000 for a 4-year degree.

When analyzing colleges and universities generally, there are 8 key numbers to look at: Read more »

14
Aug

15 Employees at University of Chicago Take Home $109 Million

15 of the highly compensated employees in 2023 at the University of Chicago (a private research university with about 18,000 students – 7,500 undergrads and 10,500 graduate and medical students – in Chicago, Illinois) received $109 million in compensation from 2017-2023 (note:  this list does not include highly compensated employees in any of the years 2017-2022 but not in 2023 including the former chief investment officer, Mark Schmid who received $20 million from 2027-2022): Read more »

12
Aug

Executive Compensation at the University of Chicago (2023)

The University of Chicago (U of Chicago) is a private research university with about 18,000 students (7,500 undergrads and 10,500 graduate and medical students) in Chicago, Illinois.

Approximately 39,000 undergraduate students apply annually; 5% or 1,900 are accepted.  Annual tuition, room and board is about $95,000 or about $380,000 for a 4-year degree.

When analyzing colleges and universities generally, there are 8 key numbers to look at: Read more »