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.
76¢ of each $1 spent went to programs.
$36.7M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · 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
76%
of spending
Looks good: 76% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$36.7M
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
1 mo
of spending, in cash
Fine: 1.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $26K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$227.8M
32% of total assets
Looks good: liabilities are 32% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 15 voting members
Looks good: 14 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$583.3M
+11% vs prior year
Spent
$584.4M
To programs
76%
Net assets
$480.8M
By yearFY2020–FY2024
Revenue
$583.3M
FY2021▲ +11%
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
$584.4M
FY2021▲ +6%
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
$480.8M
FY2021▲ +10%
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 FY2021 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

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

76 cents of each dollar spent went to programs.

Program services 76% · $444.3M Management & general 24% · $140.1M

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; $36.7M paid to officers and key staff.

Part VII, Section A · reportable compensation
CEO, President, & Ex Officio Director
$8,584,664Pt VII · Sec A
EVP Chief Operating Officer
$3,730,118Pt VII · Sec A
EVP Chief Med & Clin Transf
$2,386,912Pt VII · Sec A
EVP Living Health Partnerships
$2,366,440Pt VII · Sec A
EVP CFO and Treasurer
$2,255,121Pt VII · Sec A
EVP Chief HR Officer
$2,131,135Pt VII · Sec A
EVP Chief Legal Officer and Secretary
$2,016,013Pt VII · Sec A
EVP Chief Marketing Officer
$1,859,153Pt 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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

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

Questions for Highmark Health

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Provided by the organization

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1 program · $444.3M · in their own filed words · FY2021
01

See schedule o highmark health's mission, vision, goals and core behaviors mission: our mission is to create a remarkable health experience, freeing people to be their best. Vision: our vision is a world where everyone embraces health. Goal: to reinvent health. We will achieve that through living health, a new model for health care.

$444.3Mprogram 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 FY2021 990, line by line.

1The main four
Money inPt VIII
$583.3M
Ln 12
Fees for servicesLn 2g$524.8M
Other incomeLn 4–11$53.5M
Gifts and grantsLn 1h$5.0M
Money outPt IX
$584.4M
Ln 25
Programscol B$444.3M
Managementcol C$140.1M
Owns and owesPt X
$480.8M
net assets · Ln 32
Cash and savingsLn 1–2$54.6M
Total assetsLn 16$708.6M
LiabilitiesLn 26$227.8M
PeoplePt VI, VII
34
listed · VII A
PaidVII A17
Voting boardVI 1a15
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$5.0M
Fees for servicesLn 2g$524.8M
Investment incomeLn 3$458K
Other incomeLn 4–11$53.5M
Gains on assetsLn 7−$1.2M
Total revenueLn 12$583.3M
Assets in detailPt X, end of year
CashLn 1$0
SavingsLn 2$54.6M
Cash and savings togetherLn 1–2$54.6M
InvestmentsLn 11–13$49.8M
Land, buildings, equipmentLn 10c$156.9M
Other assetsLn 15$422.1M
Total assetsLn 16$708.6M
LiabilitiesLn 26$227.8M
Net assetsLn 32$480.8M
OperationsPt I, VI
EmployeesI 54,293
VolunteersI 6164
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$69.3M$54.6M
InvestmentsLn 11–13$0$49.8M
Land, buildings, equipmentLn 10c$129.4M$156.9M
Total assetsLn 16$618.2M$708.6M
LiabilitiesLn 26$181.4M$227.8M
Net assetsLn 32$436.8M$480.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$7.1M$7.1M
Pay of current officers, directors and key staffLn 5$30.1M$22.5M$7.5M
Other salaries and wagesLn 7$403.4M$302.6M$100.9M
Pension plan contributionsLn 8$15.0M$11.3M$3.8M
Other employee benefitsLn 9$23.1M$17.4M$5.8M
Payroll taxesLn 10$24.5M$18.4M$6.1M
Legal feesLn 11b$269K$248K$22K
Accounting feesLn 11c$277K$277K
Lobbying feesLn 11d$642K$642K
Other fees for servicesLn 11g$10.2M$9.4M$814K$0
Office expensesLn 13$6.4M$4.8M$1.6M
Information technologyLn 14$12.7M$11.4M$1.3M
OccupancyLn 16$963K$722K$241K
TravelLn 17$1.8M$1.4M$462K
Conferences, conventions and meetingsLn 19$5.0M$3.8M$1.3M
Depreciation, depletion and amortizationLn 22$26.7M$20.0M$6.7M
InsuranceLn 23$2.5M$1.9M$622K
Other expenses (24a–d)Ln 24$8.0M$6.5M$1.4M
All other expensesLn 24e$5.6M$4.2M$1.4M$0
Total functional expensesLn 25$584.4M$444.3M$140.1M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $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 Viewing $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 I · Grants A · Public support J · Pay O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $583,319,053 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$5,000,000
I-9 Program service revenuePrior year $498,944,370$524,845,062
I-10 Investment incomePrior year $287,431−$705,946
I-11 Other revenuePrior year $25,380,530$54,179,937
I-12 Total revenuePrior year $524,612,331$583,319,053
I-13 Grants and similar amounts paidPrior year $1,837,559$7,126,889
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $471,269,976$496,154,888
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $79,122,205$81,119,737
I-18 Total expensesPrior year $552,229,740$584,401,514
I-19 Revenue less expensesPrior year −$27,617,409−$1,082,461
Part VI · Governance 14 of 15 board members independent, 1 to look at
VI-1a Voting members of the governing body15
VI-1b Independent voting members14
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $583,319,053 across 7 lines filed
VIII-1f All other contributions, gifts and grants$5,000,000
VIII-1h Total contributions, gifts and grants$5,000,000
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $524,845,062$524,845,062
VIII-3 Investment incomeExcluded from tax $458,373$458,373
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$1,164,319−$1,164,319
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $749,418 · Excluded from tax $53,430,519$54,179,937
VIII-12 Total revenueRelated to mission $525,594,480 · Unrelated business $0 · Excluded from tax $52,724,573$583,319,053
Part IX · Statement of functional expenses $584,401,514 across 19 lines filed
IX-1 Grants to domestic organizationsPrograms $7,126,889$7,126,889
IX-5 Pay of current officers, directors and key staffPrograms $22,539,284 · Management $7,513,095$30,052,379
IX-7 Other salaries and wagesPrograms $302,554,369 · Management $100,851,456$403,405,825
IX-8 Pension plan contributionsPrograms $11,268,363 · Management $3,756,121$15,024,484
IX-9 Other employee benefitsPrograms $17,358,958 · Management $5,786,319$23,145,277
IX-10 Payroll taxesPrograms $18,395,192 · Management $6,131,731$24,526,923
IX-11b Legal feesPrograms $247,796 · Management $21,547$269,343
IX-11c Accounting feesManagement $276,518$276,518
IX-11d Lobbying feesPrograms $642,226$642,226
IX-11g Other fees for servicesPrograms $9,360,307 · Management $813,940 · Fundraising $0$10,174,247
IX-13 Office expensesPrograms $4,809,411 · Management $1,603,137$6,412,548
IX-14 Information technologyPrograms $11,395,025 · Management $1,266,114$12,661,139
IX-16 OccupancyPrograms $722,106 · Management $240,702$962,808
IX-17 TravelPrograms $1,385,988 · Management $461,996$1,847,984
IX-19 Conferences, conventions and meetingsPrograms $3,772,367 · Management $1,257,456$5,029,823
IX-22 Depreciation, depletion and amortizationPrograms $20,039,288 · Management $6,679,763$26,719,051
IX-23 InsurancePrograms $1,865,770 · Management $621,923$2,487,693
IX-24 Other expenses (24a–d)Programs $6,549,424 · Management $1,448,446$7,997,870
IX-24e All other expensesPrograms $4,228,866 · Management $1,409,621 · Fundraising $0$5,638,487
IX-25 Total functional expensesPrograms $444,261,629 · Management $140,139,885 · Fundraising $0$584,401,514
Part X · Balance sheet $708,603,703 assets, 22 lines filed
X-1 Cash, non-interest-bearingStart of year $0$0
X-2 Savings and temporary cash investmentsStart of year $69,266,156$54,565,186
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $173$2,572
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $22,959,043$25,231,404
X-10c Land, buildings and equipment, netStart of year $129,435,250$156,927,178
X-11 Publicly traded securitiesStart of year $0$49,800,753
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $396,540,320$422,076,610
X-16 Total assetsStart of year $618,200,942$708,603,703
X-17 Accounts payable and accrued expensesStart of year $172,336,064$215,953,375
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $9,027,003$11,844,207
X-26 Total liabilitiesStart of year $181,363,067$227,797,582
X-27 Net assets without donor restrictionsStart of year $436,837,875$480,806,121
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $436,837,875$480,806,121
X-33 Total liabilities and net assetsStart of year $618,200,942$708,603,703
Part XI · Reconciliation of net assets $480,806,121 net assets at year end
XI-1 Total revenue$583,319,053
XI-2 Total expenses$584,401,514
XI-3 Revenue less expenses−$1,082,461
XI-4 Net assets at start of year$436,837,875
XI-5 Net unrealized gains (losses) on investments−$16,832,589
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$61,883,296
XI-10 Net assets at end of year$480,806,121

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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