Official Seal, Everything Is Broken (2026)

Everything Is Broken

Report No. 1 · Nonprofit Hospital Executive Pay vs Charity Care · Annual Report, 2026 edition

New York · Ranked 222 of 1033 by CEO pay.

St Peter's Hospital

Steven Hanks MD, Director; President & CEO. Fiscal year ending 2025-06.

$1.7M
CEO total compensation
Form 990 Part VII, columns D+E+F
0.60%
of expenses spent on charity care
Schedule H Part I line 7a
14.4%
CEO pay as a share of all charity care

Most of the reported compensation ($1,451,751 of $1,744,842) came from a related organization (Part VII column E) and was reported on this filing.

§1The filing

Total revenue
$2,153,287,518
Total expenses
$2,024,355,592
Net assets
$722,896,898
Employees
13,034
Hospitals covered
4 facilities across 4 filings
Charity care, net
$12,139,456
Bad debt
$17,672,357
Medicare surplus (shortfall), as filed
$38,270,684
CEO pay from the organization (Part VII col. D)
$0
From related organizations (col. E)
$1,451,751
Other compensation, including deferred pay and nontaxable benefits (col. F)
$293,091
CEO total compensation (D+E+F)
$1,744,842 to Steven Hanks 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, St Peter's Hospital, EIN 14-1348692, fiscal year ending 2025-06, as published by the IRS. CEO identification: ceo title.

§2Community benefit versus charity care

What the system reported as total community benefit (Schedule H line 7k)$164.3M Of which charity care to patients who could not pay (line 7a)$12.1M (7%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($17.7M) and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.

§3Filings in this system

Filing entityEINFY endRevenueCharity care% of expensesFiling
St Peter's Hospital14-13486922025-06$882.4M$4.4M0.57%990
St Joseph's Hospital Health Center15-05322542025-06$704.0M$3.0M0.41%990
Samaritan Hospital14-13385442025-06$486.3M$4.5M1.05%990
Sunnyview Hospital and Rehabilitation Center14-13383862025-06$80.6M$231,0820.31%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

St Peter's Hospital: CEO pay $1.7M, charity care 0.60% of expenses