Piecing together PeaceHealth’s story from public records can be a jumbled process.
Corporate financial statements disclosed to bond regulators show the nonprofit’s bottom line for the year that ended June 30, 2016, as well as the first quarter of fiscal year 2017, which ran July 1 through Sept. 30, 2016. PeaceHealth’s available tax filings are the best sourse of information about the nonprofit’s executives and independent contractors, but these documents are only available up through the year that ended on June 30, 2015 – and quite a lot has changed since then.
Still, after reviewing the best available information, several things become clear. PeaceHealth ended its 2016 fiscal year with a deficit – but things were looking up by the first quarter of FY 2017. Along the way, the nonprofit has experienced enormous turnover in its executive ranks, paying millions in compensation to leaders who are no longer there.
Click here for an in-depth examination of PeaceHealth’s finances and executive pay decision.
Courtney Sherwood can be reached at [email protected]. Follow her on Twitter at @csherwood.
