Skip to content

Posts from the ‘Non-Profits’ Category

8
Sep

Executive Compensation at INOVA

Inova is a 501 (c) (3) healthcare provider serving the Washington metro area. Based in Falls Church, Virginia, Inova is five-hospital system containing more than 1,700 licensed beds and more than 17,000 employees. It is also important to note Inova offers the only level 1 trauma center and level 4 neonatal intensive care unit in the metro Washington, D.C. area.

The health system is comprised of numerous non-profits that are related and affiliated with each other including Inova Health Care Services  – (a subsidiary of the parent organization, Inova Health System Foundation) and  IMANCO ( also a subsidiary that provides executive management oversight) and the Inova Health System Foundation. The most highly compensated employees of all three organizations are included with a name notation in bold if the employee was listed on a return but compensated by one of the other two non-profits (note: the names NOT in bold were compensated by the organization filing the return). Read more »

6
Sep

Executive Compensation at Houston Methodist

Houston Methodist describe a large system of non-profits that include hospitals (7) , research institutes, a foundation, physician groups, 120 care locations and more throughout the greater Houston area. Although the organizations employ more than 22,000 people, this post only addresses the executive compensation reported by the Methodist Hospital Group – a 501 (c) (3) considered to be the “group return” although the other major two non-profits within the organization (Houston Methodist Specialty Physician Group and the Houston Methodist Hospital Foundation) file separate Form 990’s to the IRS. However, the group return does list the compensation of employees of affiliated or related organizations.

The Methodist Hospital Group employed 11,025 individuals in 2016 who were compensated $712 million which equates to an average compensation of $64,600.  674 employees received more than $100,000 in compensation with the 49 most highly compensated employees listed below: Read more »

4
Sep

Executive Compensation at the Houston Methodist Specialty Physician Group

The Houston Methodist Specialty Physician Group (HMSPG) is also known as the TMH Physician Organization. A 501 (c) (3), HMSPG is based out of Houston, Texas and part of the healthcare organization known as Houston Methodist, which has dozens of non-profits that are affiliated and related.  Consequently, each non-profit files its own Form 990 with the IRS annually.

HMSPG employed 2,754 individuals who were compensated $385 million in 2016, which equates to an average compensation of $140,000.  However, only 721 employees were compensated more than $100,000.  The 38 most highly compensated employees were reported to be: Read more »

31
Aug

Where Does $100 to the National Milk Producers Federation Go?

The National Milk Producers Federation (NMPF) is a farm commodity policy organization representing most (but not all) dairy marketing cooperatives in the United States. A 501 (c) (6), – that also has a political action committee or PAC to host and participate in fundraising activities for political candidates – NMPF’s membership dues are tax deductible because they qualify as ordinary and necessary trade or business expenses. Their non-profit status simply means their earnings are exempt from federal income tax (with the exception of any funds used for lobbying or political activities, which is why they have a PAC) because they do not benefit any private shareholder or individual. Read more »

29
Aug

Executive Compensation at the National Milk Producers Federation

The National Milk Producers Federation (NMPF) is a farm commodity policy organization representing most (but not all) dairy marketing cooperatives in the United States. A 501 (c) (6), – that also has a political action committee or PAC to host and participate in fundraising activities for political candidates – NMPF’s membership dues are tax deductible because they qualify as ordinary and necessary trade or business expenses. Their non-profit status simply means their earnings are exempt from federal income tax (with the exception of any funds used for lobbying or political activities, which is why they have a PAC) because they do not benefit any private shareholder or individual.

NMPF has three types of membership:  cooperative, associate, and affiliate. Only cooperative members have voting rights. Read more »

25
Aug

Executive Compensation at HealthPartners

HealthPartners, Inc. was founded in 1957 as a health insurance cooperative and has grown and expanded to be one of the largest consumer-governed non-profit health care organizations (HMO) in the country with approximately 26,000 employees. The organization has 1.8 million health plan members in six states who receive care through eight hospitals, 55 primary care clinics and 22 urgent care sites.

The organization consists of dozens of affiliated and related non-profits with HealthPartners, Inc. (HPI) – a 501 (c) 4, Group Health Plan, Inc. (GHPI) – a 501 (c) 3, and Park Nicollet Health Services  (PNHS) – a 501 (c) 3) the three primary organizations that report executive compensation.  However, it is important to note that HPI reports having no employees and that all officers, directors, and key employees are are paid by GHPI although the return also states that all officers of HPI are employed and compensated by GHPI and PNHS. Because these organizations are related and affiliated with each other, the most highly compensated employees are listed on HPI’s Form 990. Therefore, the list of most highly compensation employees will include all those listed. Read more »

17
Aug

Executive Compensation at Hackensack Meridian Health

Hackensack Meridian Health (HMH) is New Jersey’s largest non-profit healthcare network with 17 hospitals, 500 patient care locations, and 34,000 employees. Based in Neptune, New Jersey, HMH is made up of numerous affiliated and related non-profits but this post will address the non-profit referred to as Hackensack Meridian Health – Subordinates (HMHS) since this entity compensates most of the senior management team whether compensated from HMHS or an affiliated organization. Read more »

13
Aug

Executive Compensation at the Cleveland Clinic

The Cleveland Clinic was founded nearly 100 years ago as a single hospital in Ohio but has grown to include the flagship hospital on a 170 acre campus in Cleveland, 10 regional hospitals, more than 150 outpatient clinics, and 19 family health centers in Ohio.  In addition, the Cleveland Clinic includes an academic medical center in Weston, Florida, a hospital in Nevada, offices across the United States, a hospital in Abi Dubai, and a sports medicine clinic in Toronto – all part of the 273 Cleveland Clinic locations across the world.

Often recognized as one of the best health care providers and one of the top hospitals (in Cleveland) in the country and the world, the Cleveland Clinic is a non-profit organization that generated $8.9 billion in revenue, had expenses of $8.5 billion (including $467 million in depreciation), leaving about $400 million to be added to the net assets or fund balance in 2016 (which increased from $7.2 billion at the beginning of the year to $8.2 billion because the organization had about $100 million in unrealized gains on investments and $500 million in other changes in assets (see Schedule O of the Form 990). Read more »

11
Aug

Executive Compensation at Christiana Care Health Services

Christiana Care Health System includes an extensive network of inpatient and outpatient servers (2 hospitals, medical aid units, home healthcare, and more) in Delaware. A not-for-profit teaching healthcare system, the Christiana Care Health System includes many non-profits that make the organization the largest employer in the state with about 12,000 employees.

The President and CEO and management team are compensated from Christiana Care Health Services, Inc. (CCHSI), a non-profit 501 (c) (3) headquarted in Wilmington, Delaware.

For the year ending June 30, 2017, CCHSI reported total revenue of $1.8 billion, total expenses of almost $1.6 billion, leaving more than $200 million added to the net fund balance which had $2.3 billion at year-end (note:  $86 million in net unrealized gains on investments and $70 million in changes in pensions and post retirement benefits also helped increase the net fund balance from $1.9 billion at the beginning of the year).  In other words, CCHSI is making money by spending less than they are taking in but also by gains on investments and decreased pension and post retirement liabilities. With more than $2 billion in net fund assets, this non-profit is sitting in a comfortable position. Read more »

9
Aug

Executive Compensation at Carilion

Carilion is often referred to as Carilion Clinic, Carilion Health Services, or simply Carilion Services although the healthcare provider encompasses several non-profits that provide healthcare services in Virginia.

Carilion Clinic is the parent organization of the Carilion Clinic healthcare network but Carilion Services, Inc is the non-profit that compensates the executives managing the overall network. Based in Roanoke, Carilion has a network of seven hospitals and 225 practice sites staffed by more than 13,000 employees.

Carilion Services, Inc. reported having 2,411 employees who were compensated $158 million in 2017 which equates to an average compensation of $66,000. 150 employees received more than $100,000 in compensation with the 14 most highly compensated employees listed below: Read more »