What is a Form 990?
Form 990 is an annual information return that federally tax-exempt organizations must file with the IRS. It provides information on our mission, programs and finances, and includes details of executive compensation. Certain business relationships among officers, directors, key employees and their family members also are detailed in this year’s Form 990.
Background on UPMC's Form 990 filings for FY2013
As part of our commitment to organizational transparency, UPMC again has filed a group, or consolidated, IRS Form 990 for the fiscal year ended June 30, 2013, which includes the majority of our tax-exempt entities. Per IRS requirements, executive compensation is reported for Calendar Year 2012. We also have submitted a separate return for the parent organization. This approach is designed to improve the public’s understanding of UPMC’s operations and the relationship among our various entities. (Please see UPMC’s most recent audited consolidated financial statements for more details. Click here.)
Our filing shows that UPMC Chief Executive Officer and President Jeffrey A. Romoff received $4.048 million in cash compensation in Calendar Year 2012. Other executives’ cash compensation for Calendar Year 2012 is also reported in the Fiscal Year 2013 IRS Form 990.
Under the guidance of the UPMC Board of Directors and the leadership of Mr. Romoff and his executive team, UPMC has grown to an $11 billion integrated global health enterprise with more than 62,000 employees, 21 hospitals, 400 outpatient sites and doctors’ offices, a 2.3-million-member health insurance division, and commercial and international ventures.
In Fiscal Year 2013, UPMC contributed to the good health of the region by providing uncompensated care, support for research and education, community services and charitable contributions valued at more than $887 million. UPMC also serves as a unique catalyst for transforming the economy of western Pennsylvania into one based on medicine, research, education and technology.