Maryland · Ranked 293 of 1033 by CEO pay.
Adventist Healthcare
John Sackett, Pres. & CEO,Ahc,Start 8/2024. Fiscal year ending 2024-12.
Form 990 Part VII, columns D+E+F
Schedule H Part I line 7a
The chief executive's title on the filing indicates a change during the year (PRES. & CEO,AHC,START 8/2024); the pay shown is what the filing reports for that person, which may cover part of the year.
Also listed with a chief executive title in the same filings: Terry Forde, Pres. & CEO,Ahc,End 8/2024, $1,241,328. Where a chief executive retired during the year, the filing reports the final-year payout.
§1The filing
- Total revenue
- $1,043,687,442
- Total expenses
- $988,808,713
- Net assets
- $748,005,855
- Employees
- 8,201
- Hospitals covered
- 8 facilities across 3 filings
- Charity care, net
- $20,070,810
- Bad debt
- $30,246,972
- Medicare surplus (shortfall), as filed
- $26,462,023
- CEO pay from the organization (Part VII col. D)
- $1,332,344
- From related organizations (col. E)
- $0
- Other compensation, including deferred pay and nontaxable benefits (col. F)
- $76,309
- CEO total compensation (D+E+F)
- $1,408,653 to John Sackett
Medicare surplus (shortfall) is Schedule H Part III line 7: Medicare revenue minus the cost of Medicare care. A figure in parentheses is a shortfall. Like bad debt, it is not community benefit on the IRS form.
Source: Form 990, Adventist Healthcare, EIN 52-1532556, fiscal year ending 2024-12, as published by the IRS. CEO identification: ceo title multiple.
§2Community benefit versus charity care
The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($30.2M) and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.
§3Filings in this system
| Filing entity | EIN | FY end | Revenue | Charity care | % of expenses | Filing |
|---|---|---|---|---|---|---|
| Adventist Healthcare Inc | 52-1532556 | 2024-12 | $909.8M | $17.9M | 2.08% | 990 |
| Adventist Rehabilitation Hospital of Maryland Inc | 20-1486678 | 2024-12 | $74.8M | $66,327 | 0.10% | 990 |
| Adventist Healthcare Fort Washington Medical Center Inc | 84-2670875 | 2024-12 | $59.1M | $2.1M | 3.56% | 990 |
Every number on this page was copied from the filing linked above. If a figure is wrong, send the filing that contradicts it and the correction runs at the top of this page.
§Share
