Foundation Health Partners

Legal name: Foundation Health Llc

Nonprofit profile at a glance

EIN
813021580
IRS 990 coverage
2017–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-T 2024
Location
Fairbanks, AK, USA
Phone
9074585550
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Hospitals and Related Primary Medical Care Facilities

Official website

Reported finances

Revenue
$401,251,005
Expenses
$383,060,535
Assets
$97,994,805
Liabilities
$26,902,039

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

36 people listed

Executive titles in this filing

  • SCOTT BELL (BOARD PRESIDENT)
  • JOE FAULHABER (BOARD VICE PRESIDENT)
  • SHELLEY EBENAL (CEO FHP)

Highest reported compensation

  • STEWART M KERR (PHYSICIAN): $1,754,204 total reported compensation
  • DAVID JINICH (PHYSICIAN): $1,466,232 total reported compensation
  • ROMEL C WRENN (PHYSICIAN): $1,332,546 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

A lifetime of excellent care provided by your community health care team. The Greater Fairbanks Community Hospital Foundation was born out of the principles that founded our community hospital more than a hundred years ago; the promise to offer quality, innovative, personalized care to our community. This promise, along with community support, allows us to work with physicians and hospitals around the country to provide the best care possible for our patients – a level of care not typically seen in a community our size. We have provided generations of care in the Fairbanks community, and we look forward to continuing to make sure that your family is well taken care of, at all stages of their lives, for many years to come. About DC.

What it reported doing in 2024

Foundation health llc owns and operates fairbanks memorial hospital (hospital), denali center (home), and tanana valley clinic (clinic). The hospital is a general acute, sole community, 152 bed facility. The hospital serves patients from fairbanks and throughout the interior of Alaska providing inpatient care, emergency care and a broad array of outpatient medical services. The home is a 90 bed skilled nursing care home that provides post acute care for short term patients, as well as long term care for other patients. The clinic is a multispecialty clinic that offers 14 medical specialities and operates a walk-in clinic with after hours services. The hospital served 51,860 patients in 2024, including 960 babies delivered. The home served 185 individuals and the clinic provided access to care for 41,383 people.

Operating model

Revenue model
Other-operating. 99% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 82
  • Accountability: 100
  • Sustainability: 39
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 84.8%; rating input score 85
  • Program expense ratio: 88.8%; rating input score 89
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 4.5%; rating input score 54; 54th percentile among comparable filings
  • Total-asset coverage ratio: 0.26; rating input score 8; 8th percentile among comparable filings
  • Liabilities to assets ratio: 0.27; rating input score 59; 59th percentile among comparable filings
  • Officer compensation ratio: 3.1%; rating input score 36; 36th percentile among comparable filings

Growth

  • Program expense growth: 5.7% per year; rating input score 100; 47th percentile among comparable filings
  • Revenue growth: 4.2% per year; rating input score 100; 34th percentile among comparable filings
  • Asset growth: -0.3% per year; rating input score 0; 7th percentile among comparable filings

Details

  • What they do: 6 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 84.8% of revenue deployed · 88.8% of spending went to programs
  • Governance: 15 of 15 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $340.3M in reported program spending
  • Leadership: top reported pay $1.8M · 36 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $24.1M reported
  • Consistency: 34 of 34 current checks pass
  • Schedules: 8 filed schedules · includes grants and executive pay
  • Filing history: 7 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 22 filed money-flow records
  • Related organizations: 7 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Total-asset coverage ratio scored 8/100.
  • Review — Sustainability: Operating margin scored 54/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Officer compensation ratio scored 36/100.
  • Review — Sustainability: Liabilities to assets ratio scored 59/100.