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| Eight Regional
Parent Corporations for North American Adventist Hospitals |
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| C O M P E N S A T I
O N* |
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Average Operating |
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Highest
Paid Executive |
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| Corporation |
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Revenue 1996-1998 |
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1996 |
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1997 |
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1998 |
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| 1Note 1 |
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$ 58,322,433 |
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$
356,504 |
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$
451,721 |
Note 2 |
$
363,438 |
Note 3 |
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| 2 |
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$ 162,327,333 |
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$
256,561 |
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$
214,831 |
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$
259,152 |
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| 3 |
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$ 237,088,230 |
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$
350,880 |
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$
388,188 |
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$
271,478 |
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| 4 |
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$ 269,809,500 |
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(not available) |
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$
454,709 |
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$
406,143 |
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| 5 |
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$ 337,299,779 |
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$
586,665 |
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$ 593,230 |
Note 4 |
$
414,605 |
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| 6 |
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$ 604,359,545 |
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$
200,000 |
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$
288,000 |
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$
302,400 |
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| 7 |
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############ |
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$
356,727 |
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$
508,929 |
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$
534,674 |
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| 8 |
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############ |
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$
417,287 |
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$
497,652 |
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$
544,371 |
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Average Operating |
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Second
Highest Paid Executive |
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| Corporation |
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Revenue 1996-1998 |
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1996 |
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1997 |
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1998 |
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| 1Note 1 |
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$ 58,322,433 |
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$
213,379 |
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$
277,784 |
Note5 |
$
238,342 |
Note 3 |
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| 2 |
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$ 162,327,333 |
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$
189,521 |
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$
113,229 |
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$
233,802 |
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| 3 |
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$ 237,088,230 |
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$
224,349 |
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$
225,036 |
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$
196,266 |
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| 4 |
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$ 269,809,500 |
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(not available) |
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$
259,762 |
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$
187,210 |
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| 5 |
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$ 337,299,779 |
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$
394,107 |
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$
325,596 |
Note 6 |
$
269,209 |
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| 6 |
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$ 604,359,545 |
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$
187,302 |
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$
260,000 |
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$
273,000 |
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| 7 |
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############ |
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$
321,599 |
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$
418,838 |
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$
431,989 |
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| 8 |
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############ |
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$
383,130 |
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$
445,852 |
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$
443,162 |
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Average Operating |
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Third
Highest Paid Executive |
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| Corporation |
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Revenue 1996-1998 |
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1996 |
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1997 |
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1998 |
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| 1Note 1 |
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$ 58,322,433 |
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$
150,990 |
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None |
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None |
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| 2 |
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$ 162,327,333 |
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$
108,572 |
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None |
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None |
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| 3 |
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$ 237,088,230 |
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$
187,844 |
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$
209,090 |
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$
137,692 |
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| 4 |
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$ 269,809,500 |
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(not available) |
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$
258,410 |
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$
154,329 |
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| 5 |
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$ 337,299,779 |
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$
309,052 |
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$
384,179 |
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$
266,292 |
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| 6 |
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$ 604,359,545 |
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$
183,476 |
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$
250,000 |
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$
262,500 |
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| 7 |
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############ |
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$
302,384 |
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$
373,232 |
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$
387,852 |
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| 8 |
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############ |
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$
331,642 |
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$
367,685 |
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$
419,256 |
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| Note 1: |
This
row lists the one figure, identified as either amount, salary and other
income, or compensation paid, |
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reported by the
corporation for each year. |
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| Note 2: |
Reported $161,872 as
compensation paid to the president.
Because this does not appear to be a 12- |
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month
figure, used data reported by a related organization on form required by the
state's Attorney |
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General's Office (990
form not available) as compensation paid by parent corporation. |
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| Note 3: |
IRS
990 form not filed with state. Used
990 form filed by a related organization reporting compensation |
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paid by parent
corporation. |
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| Note 4: |
Table
lists reported Base Salary prorated from 8 months to 12 months (($326,251/8
mos.) x 12 mos. = |
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$489,376)
plus reported Bonus ($103,853) for a total of $593,229. Detail in 990 return also reported |
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Accrued
Vacation/Sick ($648,769); Personal Deferred Comp ($589,302); and
Employer-funded |
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Supplemental Retirement
($1,308,633). |
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| Note 5: |
Reported $96,485 as
compensation paid to the CFO. Because
this does not appear to be a 12-month |
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figure,
used data reported by a related organization on form required by the state's
Attorney General's Office |
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(990 form not available)
as compensation paid by parent corporation. |
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| Note 6: |
Table
lists only Base Salary ($252,147) plus Bonus ($73,449). Detail in 990 return also reported Accrued
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Vacation/Sick
($407,931); Personal Deferred Comp ($242,101); and Employer-funded
Supplemental |
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Retirement ($867,034). |
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| Sources: |
COMPENSATION - IRS 990
returns, unless otherwise noted. |
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OPERATING
REVENUE - Corporations #2-8 provided operating revenue for their overall
organizations. |
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Because
Corporation #1 did not provide the requested figure, used the sum of the
Total Revenue |
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reported on IRS 990
returns by the parent and related hospital corporations. |
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| *Compensation
may include other cash compensation in addition to/in place of bonus. |
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