Corewell Health
Corewell Health reported $1.96 billion in revenue and $1.66 billion in expenses for calendar year 2024. Of every $100 it spent, $98.25 went to program services, $1.75 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 85.2% of the total. The highest compensation it reported for one person was $6,952,800 (DIRECTOR/PRESIDENT). 10,410 people received more than $100,000 in reportable compensation. Revenue rose 86% between 2020 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $1.66BFor 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 $1.96BThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 98.3% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 1.7% | 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 | $0.00 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.2% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.1% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 85.2% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $6,952,800 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.42% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 10,410 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 26.0 | 6.6 |
| Independent voting board members Part VI 1a–1b | 9 of 15 | 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 expenseCorewell Health provides common management of the not-for-profit health care system activities performed by supported organizations. The supported organizations include 20 hospital facilities, more than 300 ambulatory and service sites, and over 6,000 licensed beds system-wide with facilities that include medical centers, regional community hospitals, a dedicated children's hospital, multispecialty medical groups, affiliated physicians and a nationally recognized provider-sponsored health plan with more than 1.3 million members
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 |
|---|---|---|---|---|
| DIRECTOR/PRESIDENT Director/trustee, officer, 50.00 hrs/week | $5,453,830 | $0 | $1,498,970 | $6,952,800 |
| PHYSICIAN Highest compensated employee, 0.00 hrs/week | $3,517,598 | $0 | $54,752 | $3,572,350 |
| CHIEF OPERATING OFFICER PY Key employee, 50.00 hrs/week | $3,007,016 | $0 | $456,952 | $3,463,968 |
| PRESIDENT PRIORITY HEALTH Key employee, 1.00 hrs/week | $2,602,705 | $0 | $551,045 | $3,153,750 |
| TREASURER Officer, 50.00 hrs/week | $2,523,615 | $0 | $558,135 | $3,081,750 |
| PHYSICIAN Highest compensated employee, 0.00 hrs/week | $2,738,859 | $0 | $41,593 | $2,780,452 |
| PHYSICIAN Highest compensated employee, 0.00 hrs/week | $2,159,047 | $0 | $45,683 | $2,204,730 |
| CHIEF PEOPLE OFFICER Key employee, 50.00 hrs/week | $1,581,002 | $0 | $353,335 | $1,934,337 |
10,410 people received more than $100,000 in reportable compensation from Corewell Health (Part VII, line 2). Compensation of current officers, directors and key employees totaled $34M (Part IX, line 5).
5 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–1b15 · 9 independent
- Audited financial statements Part XII 2bYes
- 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 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aYes
- 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 14bYes
- Employees Part I, line 585,088
- Volunteers Part I, line 69
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| EPIC SYSTEMS CORPORATION Information services | $43,622,635 |
| ROCKFORD CONSTRUCTION CO INC Construction services | $30,400,153 |
| CSI HCIT Consulting services | $17,297,165 |
| RISE INTERACTIVE MEDIA & ANALYTICS LLC Consulting services | $15,065,513 |
| MEDUIT LLC Revenue cycle services | $11,410,402 |
Individuals listed as contractors are left out. 414 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Corewell Health's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Corewell Health, you can publish a response that is linked from this page.
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Of every $100 Corewell Health spent in 2024, $98.25 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Saint Francis HospitalTulsa, OK · revenue $1.95B · programs 84.7% · FY2025
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Questions people ask
How much of Corewell Health's spending goes to programs?
In calendar year 2024, Corewell Health reported that 98.3% of its $1.66 billion in expenses went to program services, 1.7% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Corewell Health pay its top executive?
The largest total compensation Corewell Health reported for one person in calendar year 2024 was $6,952,800, for the role of DIRECTOR/PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Corewell Health get its money?
Of $1.96 billion in revenue in calendar year 2024, 0.2% came from contributions and grants (including 0.1% from government grants) and 85.2% from program service revenue (Form 990, Part VIII).
Is Corewell Health a registered charity?
The IRS lists EIN 38-3382353 as a 501(c)(3) organization (supporting organization (509(a)(3))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 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 202503219349302710 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202403199349301860 · read the filing
- 2022: Form 990 for calendar year 2022, object 202303189349311345 · read the filing
- 2021: Form 990 for calendar year 2021, object 202202809349300205 · read the filing
- 2020: Form 990 for calendar year 2020, object 202102989349300435 · read the filing
All filings for EIN 38-3382353: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.