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Filing year 2023

HEALTHWELL FOUNDATION

Germantown, Maryland·EIN 20-0413676·NTEE E99 · Health Care·501(c)(3)
Total revenue
$742.4M
Total assets
$637.8M
Total expenses
$721.5M
Reported officers
19
Mission

THE HEALTHWELL FOUNDATION (THE FOUNDATION) REDUCES FINANCIAL BARRIERS TO CARE FOR UNDERINSURED PATIENTS WITH CHRONIC OR LIFE-ALTERING DISEASES. HEALTHWELL'S VISION IS TO ENSURE THAT NO PATIENT - ADULT OR CHILD - GOES WITHOUT HEALTH CARE BECAUSE THEY CANNOT AFFORD IT.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 19 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Health Care organizations in Maryland.

President & CEO
75th to 90th percentile
$395k
$433k
Base
$370k
Bonus
Other
Benefits
$4k
Chief Development Officer
75th to 90th percentilevs Health Care peers nationwide
$374k
$410k
Base
$287k
Bonus
$61k
Other
Benefits
$3k
Chief Operations Officer
Officer (Unspecified)
$309k
$339k
Base
$227k
Bonus
$22k
Other
Benefits
$42k
Chief Foundation Program Officer
Chief Program Officer
Above 90th percentilevs Health Care peers nationwide
$284k
$311k
Base
$224k
Bonus
$22k
Other
Benefits
$21k
Director, Operations
Median to 75th percentile
$218k
$238k
Base
$140k
Bonus
$17k
Other
Benefits
$49k
Associate Director, Info. Tech.
Highest Compensated Employee
25th percentile to median
$188k
$206k
Base
$134k
Bonus
$13k
Other
Benefits
$29k
Director, Architect Solutions
Highest Compensated Employee
25th percentile to median
$187k
$205k
Base
$135k
Bonus
$13k
Other
Benefits
$28k
Director, Comm, and Mktg
Highest Compensated Employee
25th percentile to median
$182k
$199k
Base
$127k
Bonus
$14k
Other
Benefits
$31k
Director, Human Resources
Highest Compensated Employee
25th percentile to median
$181k
$198k
Base
$126k
Bonus
$13k
Other
Benefits
$34k
Financial Officer Thru 6/23
Officer (Unspecified)
$173k
$189k
Base
$144k
Bonus
Other
Benefits
$20k
Board Chair
25th percentile to medianvs Health Care peers nationwide
$48k
$53k
Member & Chief Compl. Officer
Officer (Unspecified)
$32k
$36k
Financial Officer As of 11/23
Officer (Unspecified)
$19k
$20k
Board Member
10th to 25th percentile
$18k
$20k
Vice Chair & Secretary
Board Vice Chair
25th percentile to medianvs Health Care peers nationwide
$12k
$13k
Board Member
Below 10th percentile
$12k
$13k
Vice Chair & Treasurer
Board Vice Chair
25th percentile to medianvs Health Care peers nationwide
$12k
$13k
Board Member Thru 8/23
Board Member
Below 10th percentile
$5k
$5k
Board Member
Below 10th percentile
$141
$155

Teal figures restate each filed amount in 2026 dollars.

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at HEALTHWELL FOUNDATION equaled 0.1% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2023)
0.1%
Sector median
4%
Middle half of sector
1% to 13%

Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about HEALTHWELL FOUNDATION

What does the Chief Executive Officer of HEALTHWELL FOUNDATION earn?

In 2023, the Chief Executive Officer of HEALTHWELL FOUNDATION received $395,217 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Health Care organizations in Maryland, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at HEALTHWELL FOUNDATION compare with similar nonprofits?

Compared with the same role at Health Care organizations in Maryland, the 2023 pay of the Chief Executive Officer at HEALTHWELL FOUNDATION falls between the 75th and 90th percentiles. In 2023, the highest total compensation at HEALTHWELL FOUNDATION equaled 0.1% of the organization's total expenses. The median for health care organizations is 4%.

What are HEALTHWELL FOUNDATION's revenue and expenses?

In 2023, HEALTHWELL FOUNDATION reported $742.4M in total revenue and $721.5M in total expenses on its IRS Form 990.

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