To define, realize and advance the financial management of health care by helping members and others improve the business performance of organizations operating in or serving the healthcare field.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 12 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Health Care organizations in Illinois.
- Base
- $154k
- Bonus
- $44k
- Other
- $62k
- Benefits
- $4k
- Base
- $126k
- Bonus
- $15k
- Other
- $13k
- Benefits
- $9k
- Base
- $117k
- Bonus
- $13k
- Other
- $10k
- Benefits
- $6k
- Base
- $126k
- Bonus
- $13k
- Other
- $12k
- Benefits
- $7k
- Base
- $145k
- Bonus
- —
- Other
- $387
- Benefits
- $3k
- Base
- $128k
- Bonus
- —
- Other
- $50
- Benefits
- $9k
- Base
- $84k
- Bonus
- $10k
- Other
- $837
- Benefits
- $6k
- Base
- $82k
- Bonus
- $8k
- Other
- $147
- Benefits
- $4k
- Base
- $102k
- Bonus
- —
- Other
- $144
- Benefits
- $2k
- Base
- $75k
- Bonus
- $7k
- Other
- $387
- Benefits
- $6k
- Base
- $72k
- Bonus
- —
- Other
- $90
- Benefits
- $10k
- Base
- $76k
- Bonus
- —
- Other
- $403
- Benefits
- $8k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & CEO Until 7/31/23 Median to 75th percentile | $154k | $44k | $62k | $4k | $366k $405k |
Svp, Healthcare Financial Practices Senior Vice President 25th percentile to medianvs Health Care peers nationwide | $126k | $15k | $13k | $9k | $246k $272k |
Experience & Bus Dev Until 5/31/24 Key Employee 25th percentile to median | $117k | $13k | $10k | $6k | $220k $244k |
Strategy & Delivery Until 12/15/23 Key Employee 25th percentile to median | $126k | $13k | $12k | $7k | $199k $220k |
Dir, Channel Assets Until 8/31/24 Highest Compensated Employee 10th to 25th percentile | $145k | — | $387 | $3k | $168k $187k |
Enterprise Account Executive Highest Compensated Employee 10th to 25th percentile | $128k | — | $50 | $9k | $163k $181k |
Vp, People and Culture Board Vice President 25th percentile to median | $84k | $10k | $837 | $6k | $160k $177k |
Vice President & CFO Median to 75th percentile | $82k | $8k | $147 | $4k | $144k $160k |
President & CEO 25th percentile to median | $102k | — | $144 | $2k | $143k $158k |
Director, Partner Relationships Highest Compensated Employee Below 10th percentile | $75k | $7k | $387 | $6k | $120k $133k |
Director, Channel Assets Highest Compensated Employee Below 10th percentile | $72k | — | $90 | $10k | $116k $129k |
Account Executive Highest Compensated Employee Below 10th percentile | $76k | — | $403 | $8k | $111k $123k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 12 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at Healthcare Financial Management Association Educational Foundation equaled 4% of the organization's total expenses. The median for health care organizations is 4%.
Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.
Down 32%
from 2022
From $537k in 2022 to $366k in 2023.
Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay fell 32% from 2022 to 2023, while revenue rose 37%.
- Senior Vice President pay rose 9% from 2022 to 2023.
- Key Employee pay rose 47% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about Healthcare Financial Management Association Educational Foundation
What does the Chief Executive Officer of Healthcare Financial Management Association Educational Foundation earn?
In 2023, the Chief Executive Officer of Healthcare Financial Management Association Educational Foundation received $365,835 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Health Care organizations in Illinois, within the top half of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at Healthcare Financial Management Association Educational Foundation compare with similar nonprofits?
Compared with the same role at Health Care organizations in Illinois, the 2023 pay of the Chief Executive Officer at Healthcare Financial Management Association Educational Foundation falls between the median and the 75th percentile. In 2023, the highest total compensation at Healthcare Financial Management Association Educational Foundation equaled 4% of the organization's total expenses. The median for health care organizations is 4%.
What are Healthcare Financial Management Association Educational Foundation's revenue and expenses?
In 2023, Healthcare Financial Management Association Educational Foundation reported $12.4M in total revenue and $10M in total expenses on its IRS Form 990.
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