Fairview Health Services
Fairview Health Services reported $5.33 billion in revenue and $4.89 billion in expenses for calendar year 2024. Of every $100 it spent, $84.92 went to program services, $15.08 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: 95.3% of the total. The highest compensation it reported for one person was $5,659,485 (President & CEO). 7,583 people received more than $100,000 in reportable compensation. Revenue rose 33% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $4.89BFor 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 $5.33BThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 84.9% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 15.1% | 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 | 1.1% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.8% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 95.3% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $5,659,485 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.12% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 7,583 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 6.5 | 6.6 |
| Independent voting board members Part VI 1a–1b | 19 of 20 | 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 expenseFairview Health Services is an integrated academic health system located in Minneapolis, Minnesota, and, along with its affiliates and subsidiaries, is one of the leading health care providers in Minnesota with $8 billion in operating revenue for 2024. Fairview offers a broad continuum of health care services through its hospitals, clinics, and other health care related operations and is a Minnesota nonprofit corporation that is exempt from federal income taxation under Section 501(c)(3) of the Internal Revenue Code. The most recent community health needs assessment (CHNA) identified 3 key…
Cost of participating in government programs: Fairview is committed to serving the health care needs of members of its community. To support full access to services, Fairview participates in the following public health care programs: Medicare, Medicaid, and MinnesotaCare. Reimbursement from these programs for services rendered, generally falls below the cost of providing the care. To compensate for the under funding by government programs, Fairview makes a significant financial investment to offset these losses. While Fairview is a tax-exempt entity, it does support its local communities…
The primary purpose of our educational and research programs is to benefit patients and the community at large by educating health professionals both within Fairview and in the broader community, and by fostering advances in knowledge and evidence-based improvements to clinical treatments and approaches to health care delivery. The Office of the Chief Academic Officer champions the work of the research and education teams at M Health Fairview. The CAO leverages resources across the M Health Fairview partnership to improve research and education in the system, creates significant milestones on…
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 |
|---|---|---|---|---|
| President & CEO Director/trustee, officer, 40.0 hrs/week | $4,854,478 | $0 | $805,007 | $5,659,485 |
| COO, end 1-2024 Officer, 40.0 hrs/week | $2,902,634 | $0 | $71,065 | $2,973,699 |
| Physician Highest compensated employee, 40.0 hrs/week | $2,202,189 | $0 | $41,283 | $2,243,472 |
| CMO, end 7-2024 Officer, 40.0 hrs/week | $2,029,863 | $0 | $173,836 | $2,203,699 |
| CFO Officer, 40.0 hrs/week | $1,862,040 | $0 | $225,326 | $2,087,366 |
| EVP & Chf Shared Clinical Svcs Officer, 40.0 hrs/week | $1,470,518 | $0 | $214,054 | $1,684,572 |
| EVP, COO Officer, 40.0 hrs/week | $1,422,135 | $0 | $227,999 | $1,650,134 |
| Chf People Officer, end 1-2024 Officer, 40.0 hrs/week | $1,548,472 | $0 | $28,042 | $1,576,514 |
7,583 people received more than $100,000 in reportable compensation from Fairview Health Services (Part VII, line 2). Compensation of current officers, directors and key employees totaled $24M (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–1b20 · 19 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 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 14bYes
- Employees Part I, line 533,383
- Volunteers Part I, line 62,291
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| U of M Physicians Medical and contracted servcies | $655,514,414 |
| Rightsourcing Inc Staffing | $27,113,324 |
| M A Mortenson Company General contractor servcies | $20,554,312 |
| Sodexo Inc and Affiliates Contracted Services | $19,447,428 |
| Lifesource Medical Services | $17,855,809 |
Individuals listed as contractors are left out. 91 contractors were paid more than $100,000 in all.
Private foundation grants it received
3 private foundations reported grants to Fairview Health Services totaling $6.9M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Fairview Health Services's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Fairview Health Services, you can publish a response that is linked from this page.
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Of every $100 Fairview Health Services spent in 2024, $84.92 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Henry Ford Health SystemDetroit, MI · revenue $5.28B · programs 84.5% · 2024
- Kaiser Foundation Health Plan of the NorthwestOakland, CA · revenue $5.40B · programs 95.7% · 2024
- Sutter Valley HospitalsSacramento, CA · revenue $5.14B · programs 89.7% · 2024
- Sutter Bay HospitalsSacramento, CA · revenue $5.64B · programs 89.7% · 2024
- Scripps HealthSan Diego, CA · revenue $5.13B · programs 90.7% · FY2025
Questions people ask
How much of Fairview Health Services's spending goes to programs?
In calendar year 2024, Fairview Health Services reported that 84.9% of its $4.89 billion in expenses went to program services, 15.1% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Fairview Health Services pay its top executive?
The largest total compensation Fairview Health Services reported for one person in calendar year 2024 was $5,659,485, for the role of President & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Fairview Health Services get its money?
Of $5.33 billion in revenue in calendar year 2024, 1.1% came from contributions and grants (including 0.8% from government grants) and 95.3% from program service revenue (Form 990, Part VIII).
Is Fairview Health Services a registered charity?
The IRS lists EIN 41-0991680 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 202543149349301849 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202433179349301603 · read the filing
- 2022: Form 990 for calendar year 2022, object 202343139349300424 · read the filing
- 2021: Form 990 for calendar year 2021, object 202233119349303703 · read the filing
- 2020: Form 990 for calendar year 2020, object 202143159349301994 · read the filing
- 2019: Form 990 for calendar year 2019, object 202043169349304519 · read the filing
All filings for EIN 41-0991680: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.