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Sanford
Bill Gassen, Trustee, President & CEO. Fiscal year ending 2024-12.
Form 990 Part VII, columns D+E+F
Schedule H Part I line 7a
Most of the reported compensation ($4,414,119 of $4,999,360) came from a related organization (Part VII column E) and was reported on this filing.
Also listed with a chief executive title in the same filings: Paul Hanson, President & CEO, Sioux Falls, $1,644,815; Tiffany Lawrence, President & CEO, Fargo, $1,605,697; Todd Schaffer, President & CEO, Bismarck, $1,351,976; Susan Jarvis, Former President & CEO, Bemidji, $1,066,941. Where a chief executive retired during the year, the filing reports the final-year payout.
§1The filing
- Total revenue
- $6,110,580,553
- Total expenses
- $5,829,138,669
- Net assets
- $3,131,607,162
- Employees
- 3,271
- Hospitals covered
- 26 facilities across 1 filing
- Charity care, net
- $89,067,697
- Bad debt
- $218,244,951
- Medicare surplus (shortfall), as filed
- $15,010,307
- CEO pay from the organization (Part VII col. D)
- $0
- From related organizations (col. E)
- $4,414,119
- Other compensation, including deferred pay and nontaxable benefits (col. F)
- $585,241
- CEO total compensation (D+E+F)
- $4,999,360 to Bill Gassen
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, Sanford, EIN 45-3791176, 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 ($218.2M) 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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