Satellite Healthcare
Satellite Healthcare reported $91.8 million in revenue and $76.4 million in expenses for calendar year 2024. Of every $100 it spent, $35.22 went to program services, $64.78 to management and general costs and $0.00 to fundraising. Its largest source of revenue was investment income: 69.1% of the total. The highest compensation it reported for one person was $433,031 (FORMER COO). 489 people received more than $100,000 in reportable compensation. Revenue fell 66% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $76MFor context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $92MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 35.2% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 64.8% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | Not reported | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.0% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 30.4% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $433,031 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.57% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 489 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 11.0 | 6.6 |
| Independent voting board members Part VI 1a–1b | 3 of 3 | 88.9% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseKidney dialysis: chronic kidney disease ("ckd") is a public health problem in the united states that impacts approximately 37 million americans. It is well known that hypertension and diabetes are two leading causes of kidney failure. The 2021 united states renal data system report shows that of 815,896 americans who live with end stage renal disease ("esrd"), close to 69.0% are treated by dialysis and 31% with a kidney transplant. Satellite Healthcare owns and operates 5 in-center hemodialysis facilities (satellite dialysis) and home dialysis training centers (wellbound) providing a variety…
Satellite Healthcare provided scholarships and internships and fellowships. Satellite Healthcare sponsors fellows from stanford university and other academic institutions to help train and inspire the next generation of nephrology clinical and research professionals during a one-year fellowship at Satellite Healthcare. In our fellowship program, nephrology physicians-in-training spend a fellowship year at Satellite Healthcare focused on dialysis-related research and quality improvement projects directly related to patient care delivery at satellite
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| FORMER COO Former, 0.00 hrs/week | $433,031 | $0 | $0 | $433,031 |
| CHIEF TECHNOLOGY OFFICER (THRU 4/24) Highest compensated employee, 40.00 hrs/week | $379,547 | $0 | $5,661 | $385,208 |
| CMO - RESEARCH (THRU 1/24) Highest compensated employee, 40.00 hrs/week | $312,250 | $0 | $1,647 | $313,897 |
| FORMER CHIEF GROWTH OFFICER Former, 0.00 hrs/week | $150,000 | $0 | $0 | $150,000 |
| FORMER CHIEF MEDICAL OFFICER Former, 0.00 hrs/week | $135,081 | $0 | $0 | $135,081 |
| DIRECTOR & INTERIM CEO (THRU 3/24) Director/trustee, 40.00 hrs/week | $103,827 | $0 | $2,423 | $106,250 |
| DIRECTOR (THRU 6/24) Director/trustee, 3.00 hrs/week | $31,251 | $0 | $0 | $31,251 |
| DIRECTOR (THRU 6/24) Director/trustee, 3.00 hrs/week | $27,501 | $0 | $0 | $27,501 |
489 people received more than $100,000 in reportable compensation from Satellite Healthcare (Part VII, line 2). Compensation of current officers, directors and key employees totaled $262K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b3 · 3 independent
- Audited financial statements Part XII 2bNo
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 52,607
Correct a figure or respond
Every number above is copied from Satellite Healthcare's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Satellite Healthcare, you can publish a response that is linked from this page.
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Of every $100 Satellite Healthcare spent in 2024, $35.22 went to programs. The full breakdown, from its IRS Form 990:
Questions people ask
How much of Satellite Healthcare's spending goes to programs?
In calendar year 2024, Satellite Healthcare reported that 35.2% of its $76.4 million in expenses went to program services, 64.8% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Satellite Healthcare pay its top executive?
The largest total compensation Satellite Healthcare reported for one person in calendar year 2024 was $433,031, for the role of FORMER COO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Satellite Healthcare get its money?
Of $91.8 million in revenue in calendar year 2024, 0.0% came from contributions and grants and 30.4% from program service revenue (Form 990, Part VIII).
Is Satellite Healthcare a registered charity?
The IRS lists EIN 23-7290564 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202503219349324385 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202423199349317547 · read the filing
- 2022: Form 990 for calendar year 2022, object 202333199349312538 · read the filing
- 2021: Form 990 for calendar year 2021, object 202243189349317509 · read the filing
- 2020: Form 990 for calendar year 2020, object 202143159349308804 · read the filing
- 2019: Form 990 for calendar year 2019, object 202023189349313092 · read the filing
All filings for EIN 23-7290564: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.