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Filing year 2023

SPARROW FOUNDATION

Lansing, Michigan·EIN 38-6100687·NTEE E12 · Health Care·3
Total revenue
$5.1M
Total assets
$38M
Total expenses
$5.6M
Reported officers
36
Mission

THE MISSION OF THE FOUNDATION IS TO OPERATE FOR THE BENEFIT OF AND TO CARRY OUT THE PURPOSES OF THE NONPROFIT AND TAX-EXEMPT SUBSIDIARIES OF SPARROW HEALTH SYSTEM, A MICHIGAN NONPROFIT CORPORATION ("SHS- OR "SOLE MEMBER"), AND ITS MISSION TO IMPROVE THE HEALTH OF THE PEOPLE IN OUR COMMUNITY BY PROVIDING QUALITY, COMPASSIONATE CARE TO EVERYONE, EVERY TIME.

Executive compensation, broken down

Form 990 · Schedule J · 15 reported individuals · Filing year 2023

VP Sparrow F
vice president
$355k
$392k
Base
$275k
Bonus
$18k
Other
$2k
Benefits
$42k
$212k
$234k
Major Gifts
highest compensated employee
$139k
$153k
Srvp/cao/cio
officer (unspecified)
$125k
$138k
Former Srvp/
former officer/director/trustee
$116k
$128k
Former Exec
former officer/director/trustee
$101k
$112k
Board Member
board member
$64k
$71k
Board Member
board member
$60k
$67k
VP Finance/t
vice president
$58k
$64k
Regional Pre
officer (unspecified)
$56k
$61k
Board Mem/ C
officer (unspecified)
$1k
$2k
Secretary
officer (unspecified)
$1k
$2k
Board Member
board member
$1k
$2k
Board Member
board member
$1k
$2k
Board Member
board member
$1k
$2k

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.

Plus 21 unpaid individuals.

Browse compensation in Health Care

Financial trend

Revenue and expenses over time

SPARROW FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$3.1M
$1.7M
2022
$5.1M
$5.6M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Health Care executives earn in Michigan

Comparable health care organizations in Michigan pay their highest-earning executive a median of $252,892.

25th percentile
$68k
Median
$252,892
75th percentile
$548k
90th percentile
$1.1M

These are health care sector-wide figures, not this organization's reported pay. Based on 121 organizations across 121 filings (2021 – 2023).

See full Health Care pay data for Michigan
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