News and analysis
October 04, 2016

CEO Pay Is Nearly $10 Million for 2 Nonprofit CEOs, Database Shows

Compensation for two nonprofit hospital CEOs reached nearly $10 million each in recent years, according to The Chronicle’s newly updated database of the compensation paid to nonprofit leaders.

Michael Dowling of Northwell Health topped the list, earning $9.6 million in 2014. Of that amount, $6.5 million was in the form of "other compensation," which can include deferred compensation that was earned in previous years but not paid out until 2014.

George Halvorson earned $9.8 million in compensation at Kaiser Foundation Hospitals in 2012; he retired as CEO the following year.

The searchable database provides detailed compensation figures for U.S. chief executives at the nation’s largest charities and foundations. Their compensation is categorized by base pay, bonus pay, nontaxable benefits, and other compensation.

Along with hospital CEOs, several leaders at private universities are highly compensated. Lee Bollinger at Columbia University earned $4.6 million in 2013; his 2014 salary was not yet available.

The Chronicle figures come from Forms 990 and 990-PF that charities and foundations must file with the Internal Revenue Service. The database will be regularly updated as new figures are made available throughout the year.