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Non-profit hospitals in Alaska: revenue, profit and executive pay

What 6 non-profit hospital organizations covering 7 Alaska hospitals reported to the IRS on their public Form 990: how much they took in, what they spent and what they paid their leaders.

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Non-profit hospital organizations
6 organizations

They file for 7 Alaska hospitals listed on this site and together reported $1.7 billion in revenue.

Took in more than they spent
100%

6 reported a surplus and 0 a deficit. The typical margin (surplus as a share of revenue) was 7.6%, against 2.9% nationally.

Largest non-profit hospitals in Alaska

By total revenue on the latest Form 990. The percentage is the margin: how much of each dollar was left after expenses.

Every non-profit hospital organization in Alaska

One row per Form 990 filing, with the Alaska hospitals it covers. Click a column to sort. Officer pay is the total for all current officers, directors, trustees and key employees together, not one person.

Organization Revenue Margin Officer pay (total) Net assets Tax year IRS filings
Alaska Native Tribal Health Consortium Anchorage $904.2 million 6.5% $58.6 million surplus $3.9 million – Sep 2023 Full Form 990 filings (ProPublica)
Southeast Alaska Regional Health Consortium Searhc Wrangell Medical Center & Ltc (Wrangell), Southeast Alaska Regional Health Consortium (Sitka) $439.3 million 26.5% $116.4 million surplus $7.3 million – Sep 2023 Full Form 990 filings (ProPublica)
Norton Sound Health Corporation Nome $246.3 million 18.2% $44.9 million surplus $4.8 million – Sep 2023 Full Form 990 filings (ProPublica)
South Peninsula Hospital Inc Homer $113.5 million 2.4% $2.7 million surplus $3.3 million – Jun 2023 Full Form 990 filings (ProPublica)
Petersburg Medical Center Petersburg $24.5 million 8.8% $2.1 million surplus – – Jun 2023 Full Form 990 filings (ProPublica)
Bartlett Regional Hospital Foundation Inc Juneau $318,000 0.3% $1,000 surplus $50,000 – Dec 2023 Full Form 990 filings (ProPublica)

Surplus is revenue minus expenses; a negative figure is a deficit. Net assets are what the organization owns minus what it owes. When a health system files one return for several hospitals, the figures are the system's totals, which may include hospitals in other states.

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How Alaska compares with the U.S.

The typical non-profit hospital organization in Alaska kept 7.6% of its revenue after expenses, higher than the national median of 2.9%.

MeasureAlaskaUnited States
Median margin7.6%2.9%
Share with a surplus100%65%
Median revenue$179.9 million$124.0 million
Median officer pay (total)$3.9 million$1.3 million

Questions about non-profit hospitals in Alaska

What are the largest non-profit hospitals in Alaska?

By revenue on their latest IRS Form 990: Alaska Native Tribal Health Consortium ($904.2 million), Southeast Alaska Regional Health Consortium ($439.3 million), Norton Sound Health Corporation ($246.3 million), South Peninsula Hospital Inc ($113.5 million), Petersburg Medical Center ($24.5 million). Some of these filings cover a whole health system, including hospitals in other states.

How much do non-profit hospitals in Alaska make?

The 6 non-profit hospital organizations we matched in Alaska reported $1.7 billion in combined revenue on their latest Form 990. 6 reported a surplus (more revenue than expenses) and 0 a deficit. The typical (median) margin was 7.6%, higher than the U.S. median of 2.9%.

Which non-profit hospital in Alaska pays its officers the most?

Southeast Alaska Regional Health Consortium reported the highest total: $7.3 million. That is the combined pay of all its current officers, directors, trustees and key employees, not one person. Pay for each named executive is in the full filing.

Do non-profit hospitals in Alaska pay taxes?

Non-profit hospitals are exempt from federal income tax and usually from state and local property and sales taxes. In return they are expected to provide community benefits, such as charity care, and must file a public Form 990 with the IRS each year.

Source: IRS Form 990 data (Exempt Organizations Business Master File and SOI annual extracts). Organizations are matched to hospitals by legal name and address. Figures are as filed for the latest available tax year. For-profit and government hospitals don't file a Form 990, so they are not listed. About the data.