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Filing year 2024

HANCOCK PHYSICIAN NETWORK LLC

Greenfield, Indiana·EIN 35-2051598·501(c)(3)
Total revenue
$36.7M
Total assets
$8.6M
Total expenses
$56.8M
Reported officers
10
Mission

TO IMPROVE THE HEALTH OF PATIENTS AND FAMILIES IN THE COMMUNITIES IT SERVES WITH RESPECT, INTEGRITY, AND CLINICAL EXCELLENCE. HANCOCK PHYSICIAN NETWORK'S VISION IS TO BE THE PREMIER PROVIDER OF QUALITY HEALTHCARE SERVICES TO HANCOCK AND SURROUNDING COUNTIES THAT ACHIEVES THE HIGHEST LEVEL OF PATIENT SATISFACTION, PATIENT OUTCOMES, AND QUALITY OF LIFE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 10 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Physician
Highest Compensated Employee
Above 90th percentile
$632k
$680k
Base
$605k
Bonus
Other
$528
Benefits
$7k
Physician
Highest Compensated Employee
Above 90th percentile
$602k
$648k
Base
$565k
Bonus
Other
$664
Benefits
$23k
Physician
Highest Compensated Employee
Above 90th percentile
$521k
$560k
Base
$461k
Bonus
Other
$550
Benefits
$40k
Physician
Highest Compensated Employee
Above 90th percentile
$482k
$519k
Base
$431k
Bonus
Other
$3k
Benefits
$37k
Physician
Highest Compensated Employee
Above 90th percentile
$480k
$516k
Base
$411k
Bonus
Other
$993
Benefits
$48k
Medical Director
Key Employee
75th to 90th percentile
$391k
$420k
Base
$350k
Bonus
Other
$249
Benefits
$27k
Medical Director
Key Employee
75th to 90th percentile
$293k
$316k
Base
$259k
Bonus
$3k
Other
$1k
Benefits
$17k
Medical Director
Key Employee
Median to 75th percentile
$227k
$245k
Base
$213k
Bonus
$3k
Other
$289
Benefits
$289
Hpn President
10th to 25th percentile
$36k
$39k
VP of Physician Practice Management
Board Vice President
25th percentile to median
$33k
$36k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Up 15%
from 2023

From $552k in 2023 to $632k in 2024.

$552k
2023
$632k
2024
In today's dollarsEst.
Up 12% in real terms$609k to $680k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Highest Compensated Employee pay rose 15% from 2023 to 2024, while revenue rose 19%.

$552k in 2023 to $632k in 2024.
  • Key Employee pay rose 1% from 2023 to 2024.
  • Chief Executive Officer pay fell 61% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

HANCOCK PHYSICIAN NETWORK LLC reported revenue and expenses across 2 filing years.

RevenueExpenses
$30.9M
$35.3M
2023
$36.7M
$56.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about HANCOCK PHYSICIAN NETWORK LLC

What does the Highest Compensated Employee of HANCOCK PHYSICIAN NETWORK LLC earn?

In 2024, the Highest Compensated Employee of HANCOCK PHYSICIAN NETWORK LLC received $632,375 in total compensation. This pay is in the top 10% for Highest Compensated Employee roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at HANCOCK PHYSICIAN NETWORK LLC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Highest Compensated Employee at HANCOCK PHYSICIAN NETWORK LLC falls in the top 10%.

What are HANCOCK PHYSICIAN NETWORK LLC's revenue and expenses?

In 2024, HANCOCK PHYSICIAN NETWORK LLC reported $36.7M in total revenue and $56.8M in total expenses on its IRS Form 990.

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