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Filing year 2024

HENNEPIN HEALTHCARE SYSTEM INC

Minneapolis, Minnesota·EIN 42-1707837·NTEE E220 · Health Care·501(c)(3)
Total revenue
$1.7B
Total assets
$816.7M
Total expenses
$1.7B
Reported officers
30
Mission

HENNEPIN HEALTHCARE SYSTEM'S (HHS) MISSION IS "WE PARTNER WITH OUR COMMUNITY, OUR PATIENTS, AND THEIR FAMILIES TO ENSURE ACCESS TO OUTSTANDING CARE FOR EVERYONE, WHILE IMPROVING HEALTH AND WELLNESS THROUGH TEACHING, PATIENT AND COMMUNITY EDUCATION AND RESEARCH." HHS STRIVES TO PROVIDE THE BEST POSSIBLE CARE TO EVERY PATIENT; TO SEARCH FOR NEW WAYS TO IMPROVE THE CARE THAT WILL BE PROVIDED TOMORROW; TO EDUCATE HEALTH CARE PROVIDERS FOR THE FUTURE; AND TO ENSURE ACCESS TO HEALTH CARE FOR ALL.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 21 reported individuals · Filing year 2024

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

Physician Division Chair
Board Chair
Above 90th percentile
$1.2M
$1.3M
Base
$970k
Bonus
$187k
Other
$5k
Benefits
$22k
Physician-managing
Highest Compensated Employee
75th to 90th percentile
$1.1M
$1.2M
Base
$982k
Bonus
$64k
Other
$3k
Benefits
$28k
Chief Executive Officer
Above 90th percentile
$1M
$1.1M
Base
$927k
Bonus
Other
$276
Benefits
$28k
Physician-radiology Diagnostic
Highest Compensated Employee
75th to 90th percentile
$914k
$975k
Base
$822k
Bonus
$35k
Other
$3k
Benefits
$24k
Physician-radiology Ir
Highest Compensated Employee
75th to 90th percentile
$906k
$966k
Base
$803k
Bonus
$40k
Other
$2k
Benefits
$30k
Physician-mng-radiology
Highest Compensated Employee
75th to 90th percentile
$904k
$964k
Base
$802k
Bonus
$40k
Other
$3k
Benefits
$28k
CMO (interim) (until 5/24)
Key Employee
75th to 90th percentile
$661k
$705k
Base
$605k
Bonus
Other
$4k
Benefits
$22k
Director/physician (until 4/24)
Board Member
Above 90th percentile
$621k
$662k
Base
$558k
Bonus
Other
$3k
Benefits
$30k
Director/physician
Board Member
75th to 90th percentile
$577k
$616k
Base
$531k
Bonus
Other
$4k
Benefits
$13k
Chief Academic and Research Officer
Key Employee
75th to 90th percentile
$540k
$576k
Base
$474k
Bonus
Other
$1k
Benefits
$30k
Chief Financial Officer
Above 90th percentile
$534k
$570k
Base
$474k
Bonus
Other
$3k
Benefits
$22k
Chief Operating Officer
75th to 90th percentile
$511k
$545k
Base
$462k
Bonus
Other
$1k
Benefits
$13k
VP Philanthropy Hhf President
Board Vice President
75th to 90th percentile
$494k
$527k
Base
$363k
Bonus
$65k
Other
$3k
Benefits
$28k
Chief Clinical Officer
Key Employee
75th to 90th percentile
$459k
$490k
Base
$393k
Bonus
Other
$2k
Benefits
$30k
Chief Nursing Officer
Key Employee
75th to 90th percentile
$450k
$480k
Base
$400k
Bonus
Other
$3k
Benefits
$13k
Chief Health Equity Officer
Key Employee
75th to 90th percentile
$422k
$450k
Base
$356k
Bonus
Other
$1k
Benefits
$30k
Chief Medical Officer (eff. 5/24)
Key Employee
Median to 75th percentile
$362k
$387k
Base
$316k
Bonus
Other
$69
Benefits
$13k
Medical Affairs (eff. 6/24)
Board Member
75th to 90th percentile
$339k
$361k
Base
$280k
Bonus
Other
$516
Benefits
$28k
Cao (eff. 6/24)
Key Employee
Median to 75th percentile
$253k
$270k
Base
$217k
Bonus
Other
$65
Benefits
$14k
Director
Board Member
25th percentile to median
$33k
$35k
Director
Board Member
25th percentile to median
$32k
$34k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 9 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at HENNEPIN HEALTHCARE SYSTEM INC equaled 0.1% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2024)
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.

Climbed 6%
over 3 years

From $1.1M in 2021 to $1.2M in 2024.

$1.1M
2021
$1.2M
2022
$1.2M
2023
$1.2M
2024
In today's dollarsEst.
Down 6% in real terms$1.4M to $1.3M

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Chair pay rose 2% from 2023 to 2024, while revenue rose 10%.

$1.2M in 2023 to $1.2M in 2024.
  • Highest Compensated Employee pay fell 3% from 2021 to 2024.
  • Chief Executive Officer pay fell 7% from 2022 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.

Among peers

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

FAQ

Common questions about HENNEPIN HEALTHCARE SYSTEM INC

What does the Board Chair of HENNEPIN HEALTHCARE SYSTEM INC earn?

In 2024, the Board Chair of HENNEPIN HEALTHCARE SYSTEM INC received $1,214,250 in total compensation. This pay is in the top 10% for Board Chair roles among Health Care organizations in Minnesota: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Chair pay at HENNEPIN HEALTHCARE SYSTEM INC compare with similar nonprofits?

Compared with the same role at Health Care organizations in Minnesota, the 2024 pay of the Board Chair at HENNEPIN HEALTHCARE SYSTEM INC falls in the top 10%. In 2024, the highest total compensation at HENNEPIN HEALTHCARE SYSTEM INC equaled 0.1% of the organization's total expenses. The median for health care organizations is 4%.

What are HENNEPIN HEALTHCARE SYSTEM INC's revenue and expenses?

In 2024, HENNEPIN HEALTHCARE SYSTEM INC reported $1.7B in total revenue and $1.7B in total expenses on its IRS Form 990.

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