Pennsylvania · New Jersey · Ranked 92 of 1033 by CEO pay.
Penn Medicine (University of Pennsylvania)
Kevin Mahoney, CEO, UPHS. Fiscal year ending 2025-06.
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: Volpe Michelle, SVP & CEO, UPHS, $1,494,474; Cunningham Regina, CEO Hup, $1,461,750. Where a chief executive retired during the year, the filing reports the final-year payout.
§1The filing
- Total revenue
- $12,308,854,433
- Total expenses
- $11,649,938,153
- Net assets
- $29,425,958,671
- Employees
- 66,331
- Hospitals covered
- 2 facilities across 2 filings
- Charity care, net
- $29,082,531
- Bad debt
- $111,241,530
- Medicare surplus (shortfall), as filed
- ($135,893,304)
- CEO pay from the organization (Part VII col. D)
- $2,954,787
- From related organizations (col. E)
- $0
- Other compensation, including deferred pay and nontaxable benefits (col. F)
- $374,377
- CEO total compensation (D+E+F)
- $3,329,164 to Kevin Mahoney
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, Penn Medicine (University of Pennsylvania), EIN 23-1352685, fiscal year ending 2025-06, as published by the IRS. CEO identification: manual override.
§2Community benefit versus charity care
The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($111.2M) 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 |
|---|---|---|---|---|---|---|
| Trustees of the University of Pennsylvania | 23-1352685 | 2025-06 | $11.7B | $25.2M | 0.23% | 990 |
| Princeton Healthcare System A New Jersey Nonprofit Corporation | 21-0635009 | 2025-06 | $638.3M | $3.9M | 0.61% | 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
