Highmark Health
- Assets
- $4.2b
- Revenue
- $5.2b
- Investments
- $151.5k
- Employees
- 27,006
- Location
- Pittsburgh, PA
- Founding
- 03/2012
- Data as of
- 12/2022
- EIN
- 82-1406555
Organization Overview
Highmark Health is located in Pittsburgh, PA. The organization was established in 2012. As of 12/2022, Highmark Health employed 27,006 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Highmark Health is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Highmark Health generated $5.2b in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $5.0b during the year ending 12/2022. While expenses have increased by 7.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Highmark Health has awarded 192 individual grants totaling $4,308,741. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE A REMARKABLE HEALTH EXPERIENCE, FREEING PEOPLE TO BE THEIR BEST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ALLEGHENY HEALTH NETWORK (AHN) STRIVES TO PROVIDE HIGH QUALITY, AFFORDABLE HEALTHCARE TO THE COMMUNITIES WE SERVE. TO ACCOMPLISH THESE PROGRAM SERVICE OBJECTIVES, THE WEST PENN ALLEGHENY HEALTH SYSTEM PROMOTES HEALTH AND WELLNESS FOR OUR PATIENTS AND OUR COMMUNITIES. SEE SCHEDULE O FOR ADDITIONAL DETAILS.
OTHER PROGRAM SERVICES
THE ALLEGHENY HEALTH NETWORK (AHN) STRIVES TO PROVIDE HIGH QUALITY, AFFORDABLE HEALTHCARE TO THE COMMUNITIES WE SERVE. TO ACCOMPLISH THESE PROGRAM SERVICE OBJECTIVES, SAINT VINCENT HEALTH CENTER PROMOTES HEALTH AND WELLNESS FOR OUR PATIENTS AND OUR COMMUNITIES. SEE SCHEDULE O FOR ADDITIONAL DETAILS.
THE ALLEGHENY HEALTH NETWORK (AHN) STRIVES TO PROVIDE HIGH QUALITY, AFFORDABLE HEALTHCARE TO THE COMMUNITIES WE SERVE. TO ACCOMPLISH THESE PROGRAM SERVICE OBJECTIVES, JEFFERSON REGIONAL MEDICAL CENTER PROMOTES HEALTH AND WELLNESS FOR OUR PATIENTS AND OUR COMMUNITIES. SEE SCHEDULE O FOR ADDITIONAL DETAILS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Chief Philanthropy Officer | OfficerTrustee | 60 | $371,008 |
Name Not Listed Director | OfficerTrustee | 5 | $0 |
Name Not Listed Director & Pres | OfficerTrustee | 60 | $800,518 |
Name Not Listed Director & President | OfficerTrustee | 59 | $615,676 |
Name Not Listed Director & President | OfficerTrustee | 60 | $3,360,849 |
Name Not Listed Director & President | OfficerTrustee | 60 | $779,119 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Allegis Group Holdings Agency Costs | 12/30/22 | $76,745,478 |
Mbm Contracting Inc Construction | 12/30/22 | $31,049,547 |
Allied Universal Security Services Security Services | 12/30/22 | $14,563,817 |
Sunburst Workforce Advisors Llc Agency Costs | 12/30/22 | $60,359,354 |
Imbutec Higley Jv Llc Construction | 12/30/22 | $12,509,840 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,236,700 |
| Related organizations | $6,866,405 |
| Government grants | $127,429,214 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,858,210 |
| Noncash contributions included in lines 1a–1f | $501,532 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $138,390,529 |
| Total Program Service Revenue | $4,812,984,640 |
| Investment income | $40,756,661 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $6,712,664 |
| Net Gain/Loss on Asset Sales | $25,157,864 |
| Net Income from Fundraising Events | $355,231 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,213,963,153 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,228,512 |
| Grants and other assistance to domestic individuals. | $155,384 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $51,209,624 |
| Compensation of current officers, directors, key employees. | $3,834,665 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,056,463,225 |
| Pension plan accruals and contributions | -$22,251,702 |
| Other employee benefits | $252,808,688 |
| Payroll taxes | $120,618,486 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,905,999 |
| Fees for services: Accounting | $1,712,771 |
| Fees for services: Lobbying | $177,138 |
| Fees for services: Fundraising | $244,908 |
| Fees for services: Investment Management | $2,266,970 |
| Fees for services: Other | $374,189,324 |
| Advertising and promotion | $1,330,507 |
| Office expenses | $35,407,268 |
| Information technology | $51,096,685 |
| Royalties | $0 |
| Occupancy | $220,307,342 |
| Travel | $4,333,848 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,293,880 |
| Interest | $32,985,518 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $210,435,505 |
| Insurance | $41,065,368 |
| All other expenses | $49,339,106 |
| Total functional expenses | $5,031,657,157 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $467,822 |
| Savings and temporary cash investments | $237,604,386 |
| Pledges and grants receivable | $9,275,255 |
| Accounts receivable, net | $480,184,236 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,853,564 |
| Inventories for sale or use | $61,562,200 |
| Prepaid expenses and deferred charges | $54,087,198 |
| Net Land, buildings, and equipment | $1,798,358,551 |
| Investments—publicly traded securities | $377,409,329 |
| Investments—other securities | $151,526 |
| Investments—program-related | $0 |
| Intangible assets | $140,512,898 |
| Other assets | $1,070,406,402 |
| Total assets | $4,232,873,367 |
| Accounts payable and accrued expenses | $640,368,304 |
| Grants payable | $0 |
| Deferred revenue | $60,993,080 |
| Tax-exempt bond liabilities | $955,035,097 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,797,594 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $650,624,112 |
| Total liabilities | $2,308,818,187 |
| Net assets without donor restrictions | $1,594,420,929 |
| Net assets with donor restrictions | $329,634,251 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,232,873,367 |
Grants Awarded
Over the last fiscal year, Highmark Health has awarded $242,300 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN HEART ASSOCIATION PURPOSE: To support American Heart Association Western PA 2022 and Go Red for Women Circle of Red Society | $30,000 |
ARTHRITIS FOUNDATION PURPOSE: To support 2022 Community Partner Proposal | $11,000 |
ASBURY WOODS PARTNERSHIP INC PURPOSE: To support Lake Erie Cyclefest and Winter Wonderland | $12,500 |
CARNEGIE INSTITUTE PURPOSE: To support Carnegie Museums of Pittsburgh Sponsorship Package and BodyStage | $20,000 |
CULTURES ARTS FESTIVALS EVENTS OF ERIE (CAFE) PURPOSE: To support Celebrate Erie Presenting Sponsorship | $15,000 |
DR GERTRUDE A BARBER CENTER PURPOSE: To support 2022 Barber National Institute Event Sponsorship | $8,300 |