Foundation Health LLC
89% goes to programs $0 to raise $100 Growing revenue
Foundation Health LLC is a 501(c)(3) organization based in Fairbanks, Alaska, registered in 2016, with $401,251,005 in FY2024 revenue. CharityIndex grades it A, and it directs about 89% of spending to programs.
1650 Cowles St, Fairbanks, AK, 99701 EIN 81-3021580 Since 2016
Revenue (FY2024)
$401.3M
▲ 12.2% vs prior year
Health median: $840K
Expenses (FY2024)
$383.1M
Net assets
$71.1M
Employees
2,362
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating89% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Foundation Health LLC: 89% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
BFinancial health25% of the rating2 mo reserves · +5% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Foundation Health LLC: 2 mo reserves · +5% margin earns a B on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Foundation Health LLC: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Foundation Health LLC: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
A lifetime of excellent care provided by your community health care team.
Contact & location
- Address
- 1650 Cowles St, Fairbanks, AK, 99701
- City
- Fairbanks
- State
- Alaska
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $285.7M (FY2017) to $401.3M (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $26.9MNet assets $71.1M
Operating margin
4.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$98.0M
Total liabilities
$26.9M
Net assets
$71.1M
Salaries & benefits
$223.5M
58% of expenses
Board members
15
15 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $401,251,005▲12.2% | $383,060,535▲5.1% | $71,092,766▲34.4% | $97,994,805▼1.2% | 990 |
| 2023 | $357,535,461▲6.5% | $364,535,798▲1.9% | $52,902,296▼11.7% | $99,164,331▲9.3% | 990 |
| 2022 | $335,811,735▼1.8% | $357,893,407▲5.4% | $59,902,633▼26.9% | $90,730,005▼17.5% | 990 |
| 2021 | $341,926,808▲7.5% | $339,448,170▲6.7% | $81,984,305▲3.7% | $109,912,718▼6.6% | 990 |
| 2020 | $318,130,235▲1.7% | $318,238,826▲0.2% | $79,045,096▲8.1% | $117,689,591▲18.4% | 990 |
| 2019 | $312,916,877▲3.2% | $317,450,886▲7.3% | $73,153,687▼5.8% | $99,415,943▼5.2% | 990 |
| 2018 | $303,311,025▲6.2% | $295,904,408▲5.1% | $77,687,696▲11.6% | $104,873,353▲14.8% | 990 |
| 2017 | $285,727,395 | $281,656,910 | $69,643,009 | $91,369,723 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Stewart M Kerr — $1,752,496 (0.46% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Stewart M Kerr | Physician | 40 | $1,752,496 |
| David Jinich | Physician | 40 | $1,427,735 |
| Romel C Wrenn | Physician | 40 | $1,294,143 |
| Mark Ombrellaro | Physician | 40 | $1,031,797 |
| Kristin A Flowers | Physician | 40 | $773,287 |
| Laura Brunner | Physician/former Board Member | 40 | $535,596 |
| Shelley Ebenal | Ceo Fhp | 40 | $500,094 |
| Angelique Ramirez | Chief of Quality/transform Off. | 40 | $480,342 |
| Zack Werle | Physician/former Board Member | 40 | $472,596 |
| Anthony Sudduth | Chief Financial Officer | 40 | $442,286 |
| Clint Brooks | Chief of Shared Services | 40 | $356,627 |
| Jennifer N Welch | Chief Hr Officer | 40 | $288,146 |
| Sarah Martin | Chief of Nursing Officer | 40 | $281,539 |
| Kari Burrell | Chief Strategy Officer | 40 | $234,443 |
| Stephen Heffington | Cmo Fhp | 40 | $226,014 |
| Jennifer Carlson | Clinic Ops Sr Director | 40 | $210,147 |
| Roy Roehl | It Senior Director | 40 | $200,425 |
| Jennifer House | Fin and Rev Senior Director | 40 | $199,723 |
| Stephen Duprey | Operation Senior Director | 40 | $192,821 |
| Haley Carter | Clinic Ops Sr Director | 40 | $180,174 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Favorite Healthcare Staffing | Medical Staffing | $16,782,623 |
| Health Carousel LLC | Medical Staffing | $2,637,656 |
| Elevate | Business Consulting | $1,917,028 |
| Mayo Collaborative Svcs Inc | Reference Lab Services and Consulting | $1,763,813 |
| Clean & Serene | Janitorial Services | $986,310 |
Grants received · $1.0M total
1 grant to Foundation Health LLC totaling $1.0M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Alaska Community Foundation | Operational support center public safety operations | 2020 | $1,001,000 |
Grants made · $75K in FY2024
1 grant totaling $75K in FY2024. All grants made by Foundation Health LLC →
| Recipient | Purpose | Amount |
|---|---|---|
| University of Alaska | School of nursing expansion | $75,000 |
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Compare Foundation Health LLC
Frequently asked questions
- Is Foundation Health LLC a legitimate nonprofit?
- Yes. Foundation Health LLC is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 81-3021580, based in Fairbanks, Alaska. Donations are tax-deductible.
- What is Foundation Health LLC's EIN?
- Foundation Health LLC's Employer Identification Number (EIN) is 81-3021580.
- How much revenue does Foundation Health LLC report?
- Foundation Health LLC reported $401,251,005 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Foundation Health LLC's spending goes to programs?
- Foundation Health LLC spends about 89% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Foundation Health LLC have?
- CharityIndex grades Foundation Health LLC A, based on program efficiency and fundraising cost.
- How much does Foundation Health LLC's highest-paid employee make?
- The highest reported compensation on Foundation Health LLC's latest Form 990 is $1,752,496, paid to Stewart M Kerr (Physician).
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Data for Foundation Health LLC (EIN 81-3021580) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.