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Nonprofiteer
← HOSPITAL PROPERTIES INC

Form 990 for tax year 2024

Filed by HOSPITAL PROPERTIES INC.

Totals

Total revenue
$91,036,675
Total expenses
$78,181,221
Contributions and grants received
$120,153
Grants paid
$0
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
$0

Listed in Part VII

  • Browning Mike P

    Sr. VP and CFO/Board

    Total calculated
    $2,221,626
    From this org
    $0
    From related orgs
    $2,167,823
    Other
    $53,803
    Hours/week
    1 + 53 related

    Schedule J breakdown matched by us

    Base
    $0 + $804,888 related
    Bonus
    $0 + $1,157,790 related
    Other
    $0 + $205,145 related
    Deferred
    $0 + $19,129 related
    Nontaxable benefits
    $0 + $34,674 related
    Filer's total
    $0 + $2,221,626 related

  • Hartzell Keith P Esq

    Sr. VP General Counsel & Secretary/Board (Start 6/30/2025)

    Total calculated
    $565,752
    From this org
    $0
    From related orgs
    $481,851
    Other
    $83,901
    Hours/week
    1 + 51 related

    Schedule J breakdown matched by us

    Base
    $0 + $307,987 related
    Bonus
    $0 + $132,339 related
    Other
    $0 + $41,525 related
    Deferred
    $0 + $47,914 related
    Nontaxable benefits
    $0 + $35,987 related
    Filer's total
    $0 + $565,752 related

  • McWhorter John

    Sr. VP and COO/Board

    Total calculated
    $1,447,137
    From this org
    $0
    From related orgs
    $1,393,903
    Other
    $53,234
    Hours/week
    1 + 53 related

    Schedule J breakdown matched by us

    Base
    $0 + $647,817 related
    Bonus
    $0 + $585,079 related
    Other
    $0 + $161,007 related
    Deferred
    $0 + $20,700 related
    Nontaxable benefits
    $0 + $32,534 related
    Filer's total
    $0 + $1,447,137 related

  • Meldrum Terri W Esq

    Sr. VP General Counsel & Secretary/Board (End 4/1/2025)

    Total calculated
    $1,791,758
    From this org
    $0
    From related orgs
    $1,579,670
    Other
    $212,088
    Hours/week
    1 + 53 related

    Schedule J breakdown matched by us

    Base
    $0 + $750,289 related
    Bonus
    $0 + $716,321 related
    Other
    $0 + $113,060 related
    Deferred
    $0 + $172,678 related
    Nontaxable benefits
    $0 + $39,410 related
    Filer's total
    $0 + $1,791,758 related

  • Markovich Stephen E MD

    CEO/President

    Total calculated
    $6,546,210
    From this org
    $0
    From related orgs
    $6,451,850
    Other
    $94,360
    Hours/week
    1 + 53 related

    Schedule J breakdown matched by us

    Base
    $0 + $2,003,632 related
    Bonus
    $0 + $3,952,186 related
    Other
    $0 + $496,032 related
    Deferred
    $0 + $58,953 related
    Nontaxable benefits
    $0 + $35,407 related
    Filer's total
    $0 + $6,546,210 related

  • Porembski Chester P Esq

    FRM Secretary

    Total calculated
    $506,675
    From this org
    $0
    From related orgs
    $412,775
    Other
    $93,900
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $264,144 related
    Bonus
    $0 + $136,468 related
    Other
    $0 + $12,163 related
    Deferred
    $0 + $58,361 related
    Nontaxable benefits
    $0 + $35,539 related
    Filer's total
    $0 + $506,675 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation
The Parent Corporation (a related organization) used the following methods to establish the compensation of the President for Hospital Properties, Inc. - Compensation committee - Independent compensation consultant - Form 990 of other organizations - Compensation survey or study - Approval by the board or compensation committee
Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
ELIGIBLE EXECUTIVES LISTED IN THE FORM 990, PART VII PARTICIPATE IN A SUPPLEMENTAL NON-QUALIFIED PLAN. THESE ARRANGEMENTS ARE AN INDUSTRY STANDARD AND ARE UNFUNDED. DUE TO THE SUBSTANTIAL RISK OF FORFEITURE PROVISION, THERE IS NO GUARANTEE THAT THESE OFFICERS WILL EVER RECEIVE THESE BENEFITS. AMOUNTS FOR THESE ARRANGEMENTS ARE INCLUDED IN THE DEFERRED COMPENSATION AMOUNT. SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN PAYMENTS WERE NOT MADE DURING THE YEAR TO ANY LISTED PERSONS IN PART VII. IN ADDITION, THE ORGANIZATION PROVIDES A SPLIT-DOLLAR LIFE INSURANCE PLAN TO ITS EXECUTIVES AND PHYSICIANS FROM WHICH NO CASH PAYMENTS WERE MADE DURING THE YEAR TO ANY LISTED PERSONS IN PART VII.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
13 May 2026
IRS schema version
2024v5.1
Source object
202601339349307145

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