As the parent entity of a blended Health organization, Highmark health's mission is to make Health care easily accessible, understandable and affordable.

501(c)(3) charity; gifts are tax-deductible.
75¢ of each $1 spent went to programs.
Run by 164 volunteers and 4,293 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $29.5M a year · 5% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
75%
of spending
Looks good: 75% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$53.0M
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Named funders
2
named funders · $26K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$228.2M
34% of total assets
Looks good: liabilities are 34% of assets; 50% or less.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$602.6M
+6% vs prior year
Spent
$588.2M
To programs
75%
Net assets
$448.5M
By yearFY2020–FY2024
Revenue
$602.6M
FY2024▲ +6%
Tap a bar for its year
Revenue by fiscal year
FY2020$524.6M
FY2021$583.3M
FY2022$492.9M
FY2023$568.3M
FY2024$602.6M
Expenses
$588.2M
FY2024▼ -4%
Tap a bar for its year
Expenses by fiscal year
FY2020$552.2M
FY2021$584.4M
FY2022$581.2M
FY2023$613.2M
FY2024$588.2M
Net assets
$448.5M
FY2024▲ +9%
Tap a bar for its year
Net assets by fiscal year
FY2020$436.8M
FY2021$480.8M
FY2022$409.5M
FY2023$411.9M
FY2024$448.5M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2012.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

75 cents of each dollar spent went to programs.

Program services 75% · $442.4M Management & general 25% · $145.8M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

34 people listed on the 990; $53.0M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
CEO, President, & Ex Officio Director
$10,926,557Pt VII · Sec A
EVP CFO and Treasurer - End 1/23
$5,461,759Pt VII · Sec A
Chief Living Health Development Officer - End 8/23
$5,204,862Pt VII · Sec A
EVP Chief Operating Officer
$4,787,996Pt VII · Sec A
EVP Chief Legal Officer and Secretary
$3,008,529Pt VII · Sec A
EVP Wpa Provider President
$2,919,107Pt VII · Sec A
EVP Chief Medical & Clinical Transformation Officer
$2,697,599Pt VII · Sec A
EVP Chief Risk, Audit & Compliance Officer
$2,656,555Pt VII · Sec A

David Holmberg’s $10.9M as CEO, President, & Ex Officio Director is at the 99th percentile of top reported officer pay among 1747 $100M+ health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2023FY2022FY2021FY2020
David Holmberg$10,926,557$9,417,154$8,584,664$7,763,225
Saurabh Tripathi$5,461,759$3,220,337$2,255,121$1,620,963
Cynthia Hundorfean$5,204,862———
Karen Hanlon$4,787,996$4,096,615$3,730,118$3,212,745
Carolyn Duronio$3,008,529$2,463,264$2,016,013$1,467,872
Bruce Meyer MD$2,919,107$259,482——
Tony Farah MD$2,697,599$2,438,589$2,386,912$2,274,839
Melissa Anderson$2,656,555$1,525,803$1,376,923$1,233,202

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Programs and updates

Provides strategic leadership and administrative support to a blended health system to make healthcare more accessible, understandable, and affordable for everyone.

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Provided by the organization

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1 program · $455.7M · in their own filed words · FY2023
01

See schedule o highmark health is the parent organization of a blended health system that includes the allegheny health network and highmark inc. Highmark health provides strategic, operational and administrative leadership, stewardship and support to the allegheny health network to enable it to execute on its charitable mission.

$455.7Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2022
Total grants receivedfrom 2 funders$26K
Grants paid · 241 grants · $24.3M · 2020–2023
Erie County Medical Center CorporationFY2023$2,000,000
Allegheny Health NetworkPA · FY2023$367,000
The Pittsburgh FoundationPA · FY2023$280,000
Buffalo Urban League INCNY · FY2023$250,000
Life Impact INCNY · FY2023$200,000
Trocaire CollegeNY · FY2023$150,000
Jacobs Institute INCNY · FY2023$150,000
National Institute for Health Care Management LLCFY2023$144,000
The Ayco Charitable FoundationNY · FY2023$140,000
South End Childrens Cafe INCNY · FY2023$125,000
See all 241 grants →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$602.6M
Ln 12
Other incomeLn 4–11$602.6M
Money outPt IX
$588.2M
Ln 25
Programscol B$442.4M
Managementcol C$145.8M
Owns and owesPt X
$448.5M
net assets · Ln 32
Total assetsLn 16$676.7M
LiabilitiesLn 26$228.2M
PeoplePt VI, VII
34
listed · VII A
PaidVII A20
2In more detail
Revenue in detailPt VIII
Other incomeLn 4–11$602.6M
Total revenueLn 12$602.6M
Assets in detailPt X, end of year
Total assetsLn 16$676.7M
LiabilitiesLn 26$228.2M
Net assetsLn 32$448.5M
OperationsPt I, VI
EmployeesI 54,293
VolunteersI 6164
Fiscal year endsHeaderDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $602.6M$588.2M$14.3M$448.5M 990 PDF
FY2023 $568.3M$613.2M−$45.0M$411.9M 990 PDF
FY2022 $492.9M$581.2M−$88.3M$409.5M 990 PDF
FY2021 $583.3M$584.4M−$1.1M$480.8M 990 PDF
FY2020 $524.6M$552.2M−$27.6M$436.8M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons A · Public support O · Explanations

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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