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South Peninsula Hospital

Homer, AK · EIN 92-0037099 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

South Peninsula Hospital reported $155.3 million in revenue and $146.3 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $75.37 went to program services, $24.63 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: 94.6% of the total. The highest compensation it reported for one person was $1,450,770 (Orthopedic Surgeon). 186 people received more than $100,000 in reportable compensation. Revenue rose 78% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $146M

For 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 June 30, 2025 · Form 990, Part VIII · total revenue $155M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,634 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
75.4%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
24.6%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
3.6%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
1.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
94.6%93.7%
Highest reported compensation
Part VII-A, columns D–F
$1,450,770$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.99%1.34%
People paid over $100,000
Part VII, line 2
18627
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
8.26.6
Independent voting board members
Part VI 1a–1b
9 of 1288.9%

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 expense
$67M expenses · 60.4% of program spending · revenue $106M

Our 22 bed acute care hospital provided inpatient services to 623 patients for total patient days of 3,180 during FY24. Total outpatient visits for the year were 101,153 which includes 5,823 emergency room visits, 1,549 ambulatory surgery visits, and other outpatient services such as imaging, laboratory, physical therapy, infusion, chemotherapy, and sleep lab

$32M expenses · 29.3% of program spending · revenue $25M

The hospital operates several provider based clinics which include family medicine, orthopedics, general surgery, neurology, internal medicine, mental health, OBGYN, and urology. These various outpatient provider based clinics had 43,130 patient visits during FY24

$8.6M expenses · 7.8% of program spending · revenue $15M

The hospital operates a long term care facility that provides skilled nursing care to an average of 24 patients daily for a total of 8581 resident days during FY24

$2.8M all other programs (line 4d)

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
Orthopedic Surgeon
Highest compensated employee, 40 hrs/week
$1,443,870$0$6,900$1,450,770
Director and Radiologist
Director/trustee, 40 hrs/week
$1,036,513$0$6,900$1,043,413
Orthopedic Surgeon
Highest compensated employee, 40 hrs/week
$1,022,638$0$6,900$1,029,538
Physician
Highest compensated employee, 40 hrs/week
$691,047$0$0$691,047
CEO
Officer, 40 hrs/week
$604,043$0$6,900$610,943
Director and ER Physician
Director/trustee, 40 hrs/week
$539,221$0$6,900$546,121
Physician
Highest compensated employee, 40 hrs/week
$453,158$0$6,900$460,058
Physician
Highest compensated employee, 40 hrs/week
$447,448$0$6,900$454,348

186 people received more than $100,000 in reportable compensation from South Peninsula Hospital (Part VII, line 2). Compensation of current officers, directors and key employees totaled $3.5M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$50M$100M$150M$200MFY2020FY2021FY2022FY2023FY2024FY2025$155M$146M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$155M$146M75.4%$99M$1,450,770
FY2024 ⓘ$133M$129M77.7%$94M$1,514,219
FY2023 ⓘ$113M$111M77.5%$91M$1,607,447
FY2022 ⓘ$111M$106M76.6%$88M$1,532,825
FY2021 ⓘ$101M$89M81.3%$83M$1,499,437
FY2020 ⓘ$87M$77M81.3%$70M$1,456,288

Governance 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–1b12 · 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 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 5763
  • Volunteers Part I, line 612

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
The Good Life Medstaff
Temporary Contract Staffing
$1,046,526
Peak Imaging
Physician Services Imaging
$581,378
Hudson Staffing
Temporary Contract Staffing
$495,315

Individuals listed as contractors are left out. 18 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from South Peninsula Hospital's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for South Peninsula Hospital, you can publish a response that is linked from this page.

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Questions people ask

How much of South Peninsula Hospital's spending goes to programs?

In the fiscal year ending June 30, 2025, South Peninsula Hospital reported that 75.4% of its $146.3 million in expenses went to program services, 24.6% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does South Peninsula Hospital pay its top executive?

The largest total compensation South Peninsula Hospital reported for one person in the fiscal year ending June 30, 2025 was $1,450,770, for the role of Orthopedic Surgeon (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does South Peninsula Hospital get its money?

Of $155.3 million in revenue in the fiscal year ending June 30, 2025, 3.6% came from contributions and grants (including 1.0% from government grants) and 94.6% from program service revenue (Form 990, Part VIII).

Is South Peninsula Hospital a registered charity?

The IRS lists EIN 92-0037099 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 June 30, 2025, object 202641269349303754 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501259349302165 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411189349300506 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202301259349300705 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201339349309970 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141269349302394 · read the filing

All filings for EIN 92-0037099: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.