THE HENRY FORD INNOVATION INSTITUTE (HFII) WAS ESTABLISHED BY HENRY FORD HEALTH SYSTEM DBA HENRY FORD HEALTH (HF HEALTH) TO REFLECT ITS COMMITMENT TO INNOVATION WHICH SERVES AS BOTH A PHYSICAL AND VIRTUAL RESOURCE. IT PROVIDES HF HEALTH INNOVATORS ACCESS TO AN ARRAY OF INTELLECTUAL ASSET-RELATED RESOURCES AND PROGRAMS THAT INCLUDE TECHNOLOGICAL OPPORTUNITY ASSESSMENT, DESIGN SERVICES FOR PROTOTYPES, SEMINARS DESIGNED TO CONVEY OPPORTUNITIES, PROGRAMS AIMED AT DEVELOPING SPECIFIC MEDICAL PRODUCTS AND BROAD EDUCATIONAL OFFERINGS IN THE REALMS OF TRANSLATIONAL MEDICINE AND THE ENTREPRENEURIAL ARTS.HFII'S OPERATING PHILOSOPHY IS SIMPLE: USE INNOVATION TO IMPROVE HEALTHCARE AND THE PATIENT EXPERIENCE. THE INSTITUTE IS ORGANIZED AS AN INDEPENDENT SCIENTIFIC RESEARCH AND EDUCATIONAL ENTITY, ALLOWING IT TO OPERATE FLEXIBLY AND RAPIDLY.
Executive compensation
Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Medical Research organizations nationwide.
| Position | Total |
|---|---|
Trustee Board Member Above 90th percentile | $335k $364k |
Trustee - President Board Member Median to 75th percentile | $64k $69k |
Trustee-treasurer Officer (Unspecified) | $62k $67k |
Trustee -chair Board Member 25th percentile to median | $57k $62k |
Secretary (thru 9/2023) Secretary (Operational) 25th percentile to median | $48k $52k |
Trustee Board Member 25th percentile to median | $38k $42k |
Former Trustee Board Member 25th percentile to median | $34k $37k |
Secretary (start 9/2023) Secretary (Operational) 10th to 25th percentile | $15k $16k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 1 unpaid individual.
Top pay as a share of expenses
In 2023, the highest total compensation at HFII CORPORATION equaled 9,222% of the organization's total expenses. The median for medical research organizations is 10%.
Based on 1,118 medical research organizations, each measured at its most recent filing year with reported expenses and compensation.
What Medical Research executives earn
Comparable medical research organizations nationwide pay their highest-earning executive a median of $120,264.
These are medical research sector-wide figures, not this organization's reported pay. Based on 1,118 organizations across 1,118 filings (2020 – 2024).
See full Medical Research compensation data →Common questions about HFII CORPORATION
What does the Board Member of HFII CORPORATION earn?
In 2023, the Board Member of HFII CORPORATION received $334,579 in total compensation. This pay is in the top 10% for Board Member roles among Medical Research organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Board Member pay at HFII CORPORATION compare with similar nonprofits?
Compared with the same role at Medical Research organizations nationwide, the 2023 pay of the Board Member at HFII CORPORATION falls in the top 10%. In 2023, the highest total compensation at HFII CORPORATION equaled 9,222% of the organization's total expenses. The median for medical research organizations is 10%.
What are HFII CORPORATION's revenue and expenses?
In 2023, HFII CORPORATION reported $3k in total revenue and $4k in total expenses on its IRS Form 990.
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