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Posts from the ‘Health’ Category

22
Sep

Executive Compensation at Novant Heath (2024)

Novant Health is a non-profit, tax-exempt 501 (c) (3) based in Winston Salem, North Carolina. An integrated healthcare provider, Novant Health has 21 medical centers medical centers and more than 900 care centers in  North Carolina and South Carolina.

It is important to note Novant Health has dozens of related/affiliated 501 (c) (3)’s, taxable partnerships, corporations, and trusts that are listed on Schedule R of the Form 990.  This post addresses the executive compensation at only Novant Health, Inc,, and not the related/affiliated organizations including the specific hospitals, physician clinics, imaging centers, etc.  However, there are employees whose responsibilities overlap with other affiliated organizations. When this is the case, compensation may also come from related organizations (and this is noted below). Read more »

20
Sep

10 Employees of the Mortgage Bankers Association Take Home $49 Million in Compensation

10 of the most highly compensated employees of the Mortgage Bankers Association – a Washington, DC-based, tax-exempt, non profit 501 (c) 6 national trade association with more than 2,200 members,  that represents the real estate finance industry – received $49 million in compensation from 2017-2024: Read more »

16
Sep

18 Employees of the American Hospital Association Take Home $95 Million in Compensation

18 employees of the American Hospital Association (AHA) – a trade organization that is a tax-exempt non-profit 501 (c) (6) that represents and works on behalf of its members (hospitals/owners of hospitals) to advocate their positions to government entities (i.e. Congress, Senate, etc) and provide education and assistance to its members – received $95 million in compensation from 2017-2024: Read more »

14
Sep

25 Employees of Memorial Hermann Health Take Home $189 Million

25 of the most highly compensated employees of Memorial Hermann Health (a Houston-based tax-exempt, non-profit healthcare provider with more than 34,000 employees and 6,600 physicians that serve in 17 hospitals (14 that the organization owns and 3 in which they have joint ventures) and more than 260 care delivery sites in the Houston, Texas metropolitan area) in 2025 took home $189 million from 2019-2025 (note:  highly compensated employees in any of the years 2019-2024 but not in 2025 are not included): Read more »

12
Sep

Executive Compensation at Memorial Hermann Health (2025)

Memorial Hermann Health System (MHHS) is a Houston-based tax-exempt, non-profit healthcare provider with more than 36,000 employees and 6,600 physicians that serve in 17 hospitals (14 that the organization owns and 3 in which they have joint ventures) and more than 280 care delivery sites in the Houston, Texas metropolitan area.

MHHS consists of many organizations (non-profits, corporations, trusts, and partnerships) but for the purpose of this post, the executive compensation reported on MHHS – a tax-exempt non-profit 501 (c) (3) – is addressed. Read more »

6
Sep

Executive Compensation at the American Hospital Association (2024)

The American Hospital Association (AHA) is a trade organization that is a tax-exempt non-profit 501 (c) (6) that represents and works on behalf of its members (hospitals/owners of hospitals) to advocate their positions to government entities (i.e. Congress, Senate, etc) and provide education and assistance to its members.

In 2024, the AHA raised $147 million (compared to $145 million in 2023, $139 million in 2022, $129 million in 2021, $120 million in 2020, $143 million in 2019 and $134 million in 2018) primarily through membership dues, education and licensing) and spent $169 million  (including $2 million in depreciation) with the largest expense reported to be compensation ($90 million), office expenses ($20 million), travel and conferences ($19 million) and fees for services ($18 million).  With nearly $300 million in net fund assets, the organization  reports to represent nearly 5,000 hospitals. Read more »

4
Sep

9 Employees at Virtua Health Take Home $67 Million in Compensation

9 highly compensated employees of Virtua Health (a tax-exempt, non-profit healthcare provider in southern New Jersey with 5 hospitals, 40 ambulatory surgery centers,  and more than 400 healthcare offices) received $67 million in compensation from 2018-2024 (note:  highly compensated employees in any of the years 2018-2023 but not in 2024 are not included): Read more »

2
Sep

Executive Compensation at Virtua Health (2024)

Virtua Health is a tax-exempt, non-profit healthcare provider in southern New Jersey with 5 hospitals, 40 ambulatory surgery centers,  and more than 400 healthcare offices.  The entire Virtua healthcare network consists of 13 related tax-exempt organizations, 36 related taxable partnerships, and 3 related organizations taxable as a corporation or trust. This post addresses the executive compensation of Virtua Health, Inc (Virtua) – the non-profit that manages the entire organization and provides support services to these entities.  Consequently, Virtua’s primary source of revenue is the organizations that make up the network who pay into Virtua.

Virtua has 17 voting members (trustees) of its governing body, 16 of whom are independent; 12 of the 17 (71%) are male while 5 of the 17 (29%) are female. Read more »

26
Mar

20 Employees at Corewell Health Take Home $143 Million in Compensation

20 highly compensated employees in 2024 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 $143 million in compensation from 2018-2024 (note:  highly compensated employees in any of the years 2018-2023 but not in 2024 are not included): Read more »

24
Mar

Executive Compensation at Corewell Health (2024)

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 more than 60,000 employees.

Corewell consists of 13 tax-exempt organizations, 9 organizations taxable as a partnership, and 37 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 »