Fairview Health Services

EIN: 410991680 501(c)(3) Health Care

Minneapolis, MN

Total Revenue
$4,707,970,630
Total Expenses
$4,384,272,662
Total Assets
$6,065,285,634
Net Assets
$2,505,180,796
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1906
Legal Domicile
MN
Phone
6126724976
Tax Period
2023-01-01 to 2023-12-31

Fairview Health Services, founded in 1906, is a large national nonprofit in the Health Care sector that reported $4.7B in total revenue in fiscal year 2023. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $4.4B left a modest 7% surplus.

Mission

Fairview is driven to heal, discover and educate for longer, healthier lives.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $10,730,680
Program Service Revenue $4,537,368,667
Investment Income $91,070,643
Other Revenue $68,800,640
TOTAL REVENUE $4,707,970,630

Expense Breakdown

Grants Paid $25,277
Salaries & Benefits $2,260,843,901
Fundraising Expenses $0
Program Expenses $3,645,846,144
Other Expenses $2,123,403,484
TOTAL EXPENSES $4,384,272,662

Year-over-Year Comparison

2023 2022 Change
Revenue $4,707,970,630 $4,357,862,154 +0.1%
Expenses $4,384,272,662 $4,188,688,822 +0.0%
Net Income $323,697,968 $169,173,332 +0.9%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
20
Independent Members
19
Employees
35326
Volunteers
2065

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✓ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
15
$19,247,615
Total Directors
20
$5,616,751
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A Vice Chair 2.0
Officer Director
$0 $0 $0
N/A President & CEO 40.0
Officer Director
$5,208,444 $38,307 $5,246,751
N/A Vice Chair 2.0
Officer Director
$25,000 $0 $25,000
N/A Chair 2.0
Officer Director
$35,000 $0 $35,000
N/A Secretary 2.0
Officer Director
$25,000 $0 $25,000
N/A Director 2.0
Director
$25,000 $0 $25,000
N/A Director 2.0
Director
$20,000 $0 $20,000
N/A Director 2.0
Director
$20,000 $0 $20,000
N/A Director 2.0
Director
$20,000 $0 $20,000
N/A Director 2.0
Director
$20,000 $0 $20,000
N/A Director 2.0
Director
$25,000 $0 $25,000
N/A Director 2.0
Director
$25,000 $0 $25,000
N/A Director 2.0
Director
$25,000 $0 $25,000
N/A Director 2.0
Director
$20,000 $0 $20,000
N/A Director 2.0
Director
$0 $0 $0
N/A Director 2.0
Director
$25,000 $0 $25,000
N/A Director 2.0
Director
$0 $0 $0
N/A Director 2.0
Director
$20,000 $0 $20,000
N/A Director 2.0
Director
$20,000 $0 $20,000
N/A Director 2.0
Director
$20,000 $0 $20,000
N/A Chf Public Affairs Officer 40.0
Officer
$749,408 $97,934 $847,342
N/A EVP & Chf Transformation Officer 40.0
Officer
$813,268 $116,219 $929,487
N/A EVP, COO 40.0
Officer
$1,082,554 $170,630 $1,253,184
N/A CFO 40.0
Officer
$1,643,003 $200,937 $1,843,940
N/A COO 40.0
Officer
$1,929,528 $103,835 $2,033,363
N/A CMO 40.0
Officer
$1,577,623 $103,992 $1,681,615
N/A Chf People Officer 40.0
Officer
$969,761 $65,596 $1,035,357
N/A EVP & Chf Shared Clinical Svcs 40.0
Officer
$1,304,189 $206,096 $1,510,285
N/A Chf Digital Officer 40.0
Officer
$1,183,898 $187,871 $1,371,769
N/A Chf Legal Counsel 40.0
Officer
$1,133,415 $276,107 $1,409,522
N/A CFO Pharmacy Services 0.0
Highest
$0 $35,484 $839,436
N/A Physician 40.0
Highest
$1,900,793 $38,897 $1,939,690
N/A Physician 40.0
Highest
$873,252 $25,990 $899,242
N/A Medical Director-Community Neurology 40.0
Highest
$798,566 $33,461 $832,027
N/A Physician 40.0
Highest
$1,310,190 $18,217 $1,328,407
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $4,707,970,630 $4,384,272,662 $6,065,285,634 $323,697,968
2022 $4,357,862,154 $4,188,688,822 $4,846,810,478 $169,173,332
2021 $4,116,779,480 $3,711,951,365 $5,451,049,538 $404,828,115
2020 $3,902,493,335 $3,798,344,077 $5,390,468,971 $104,149,258
2019 $4,003,782,639 $4,055,876,719 $5,216,914,002 $-52,094,080
2018 $3,864,893,941 $3,660,770,961 $5,024,449,142 $204,122,980
Explore More Nonprofits
→Top 100 Nonprofits in Minnesota →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Fairview Health Services with other nonprofits in Minnesota and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.