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Mayo Clinic
Gianrico Farrugia MD, Director/CEO/President. Fiscal year ending 2024-12.
Form 990 Part VII, columns D+E+F
Schedule H Part I line 7a
Also listed with a chief executive title in the same filings: Thielen MD Kent R, Director/Chair/CEO Fl, $3,206,799; Gray MD Richard J, Dir/Chair/CEO Az/Former Key, $3,202,023. Where a chief executive retired during the year, the filing reports the final-year payout.
§1The filing
- Total revenue
- $14,891,458,272
- Total expenses
- $14,325,143,800
- Net assets
- $8,675,937,713
- Employees
- 65,470
- Hospitals covered
- 19 facilities across 1 filing
- Charity care, net
- $87,322,768
- Bad debt
- $167,237,036
- Medicare surplus (shortfall), as filed
- ($435,958,506)
- CEO pay from the organization (Part VII col. D)
- $4,822,235
- From related organizations (col. E)
- $0
- Other compensation, including deferred pay and nontaxable benefits (col. F)
- $65,861
- CEO total compensation (D+E+F)
- $4,888,096 to Gianrico Farrugia MD
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, Mayo Clinic, EIN 38-3952644, 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 ($167.2M) and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.
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.
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