Hpm Foundation
Hpm Foundation reported $60.5 million in revenue and $59.6 million in expenses for the fiscal year ending March 31, 2025. Of every $100 it spent, $83.82 went to program services, $16.18 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: 86.9% of the total. Government grants made up 11.8%. The highest compensation it reported for one person was $229,581 (EXECUTIVE DIRECTOR). 20 people received more than $100,000 in reportable compensation. Revenue rose 54% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending March 31, 2025 · Form 990, Part IX, line 25 · total expenses $60MFor 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
The fiscal year ending March 31, 2025 · Form 990, Part VIII · total revenue $61MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 83.8% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 16.2% | 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 | 11.9% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 11.8% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 86.9% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $229,581 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.39% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 20 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 7.1 | 6.6 |
| Independent voting board members Part VI 1a–1b | 10 of 10 | 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
FY2025 · Form 990, Part III · the three largest programs by expenseProvide primary ambulatory, supplemental and environmental health services to the medically underserved residents in the Santurce Ward of the Municipality of San Juan, Carolina and the Municipal island, Vieques and Culebra. Our patients/clients received services in the following areas: general medicine, ginecology pediatry, dental, vision, clinical phychology and patient/community education
Highest reported compensation
FY2025 · 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 |
|---|---|---|---|---|
| EXECUTIVE DIRECTOR Key employee, 40 hrs/week | $229,581 | $0 | $0 | $229,581 |
| MEDICAL DIRECTOR Key employee, 40 hrs/week | $184,725 | $0 | $0 | $184,725 |
| CLINICAL CONSULTANT Key employee, 35 hrs/week | $175,026 | $0 | $0 | $175,026 |
| GENERAL PRACTITIONER Key employee, 35 hrs/week | $152,111 | $0 | $0 | $152,111 |
| GENERAL PRACTICIONER Key employee, 35 hrs/week | $149,267 | $0 | $0 | $149,267 |
| PHARMACY GRADUATE Key employee, 35 hrs/week | $135,823 | $0 | $0 | $135,823 |
| GENERAL PRACTICIONER Key employee, 35 hrs/week | $129,447 | $0 | $0 | $129,447 |
| FAMILY DOCTOR Key employee, 35 hrs/week | $128,999 | $0 | $0 | $128,999 |
20 people received more than $100,000 in reportable compensation from Hpm Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.7M (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
FY2025 · 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–1b10 · 10 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 4No
- 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 5268
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| LONDON CONSULTING GROUP Administrative | $553,936 |
| EXCEL PROFESSIONAL SERVICE CORP X-ray | $351,315 |
| IMMUNO REFERENCE LAB AMMVR GROUP INC Laboratory | $290,706 |
| RM GROUP INC Repair & maintenance facility | $288,097 |
Individuals listed as contractors are left out. 14 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Hpm Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Hpm Foundation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Hpm Foundation spent in FY2025, $83.82 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of Hpm Foundation's spending goes to programs?
In the fiscal year ending March 31, 2025, Hpm Foundation reported that 83.8% of its $59.6 million in expenses went to program services, 16.2% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Hpm Foundation pay its top executive?
The largest total compensation Hpm Foundation reported for one person in the fiscal year ending March 31, 2025 was $229,581, for the role of EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Hpm Foundation get its money?
Of $60.5 million in revenue in the fiscal year ending March 31, 2025, 11.9% came from contributions and grants (including 11.8% from government grants) and 86.9% from program service revenue (Form 990, Part VIII).
Is Hpm Foundation a registered charity?
The IRS lists EIN 66-0437924 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
- FY2025: Form 990 for the fiscal year ending March 31, 2025, object 202503539349300230 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending March 31, 2024, object 202510159349300636 · read the filing
- FY2023: Form 990 for the fiscal year ending March 31, 2023, object 202440169349300609 · read the filing
- FY2022: Form 990 for the fiscal year ending March 31, 2022, object 202310329349301041 · read the filing
- FY2021: Form 990 for the fiscal year ending March 31, 2021, object 202113579349301201 · read the filing
- FY2020: Form 990 for the fiscal year ending March 31, 2020, object 202013529349300046 · read the filing
All filings for EIN 66-0437924: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.