Sparrow Foundation

Fiscal year ending 2019. Filed on November 12, 2020.

1215 E Michigan Avenue
8w Sparrow Tower
Lansing, Michigan 48912

Sparrow Foundation (EIN: 38-6100687), also known as U of M Health Sparrow Foundation, has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2019 IRS Form 990 filing, Sparrow Foundation, a 501(c)(3) charitable organization, reported compensation for 9 employees. Among the employees shown here, the average compensation is $407,309. The highest compensated employee at Sparrow Foundation is Joseph Ruth with fiscal year 2019 compensation of $756,949.

Revenue, expenses, and employee compensation

Revenue

$4,570,149

Expenses

$3,947,302

Employee compensation

$831,273

Reported Compensated Employees

＋15.6%vs 2018

Joseph Ruth

Executive Vice President and Chief Operating Officer

$756,949

$0 from org$635,973 from related$120,976 other

＋4.0%vs 2018

Paula Reichle

Senior Vice President and Chief Financial Officer

$638,976

$0 from org$535,378 from related$103,598 other

$0 from org$547,175 from related$55,281 other

New in 2019

James F Dover

President and Chief Executive Officer

$487,972

$0 from org$446,164 from related$41,808 other

$0 from org$323,335 from related$50,265 other

$0 from org$254,612 from related$25,758 other

＋6.1%vs 2018

Michelle Reynaert

Vice President Sparrow F

$262,420

$218,566 from orgNo related comp$43,854 other

$0 from org$123,529 from related$121,269 other

$0 from org$14,508 from related$3,736 other

Benchmark Employee Compensation

Non-Employee Board Members

$1,416 from orgNo related compNo other comp

$1,416 from orgNo related compNo other comp

$1,416 from orgNo related compNo other comp

$1,416 from orgNo related compNo other comp

$1,416 from orgNo related compNo other comp

$1,416 from orgNo related compNo other comp

$1,416 from orgNo related compNo other comp

$1,416 from orgNo related compNo other comp

$1,180 from orgNo related compNo other comp

New in 2019

Robin Demuth, M.D.

Board Member

No compensation reported

－100%vs 2018

Noel Day

Board Member

No compensation reported

New in 2019

Don Simon

Board Member

No compensation reported

Mission Statement

THE MISSION OF THE FOUNDATION IS TO OPERATE FOR THE BENEFIT OF AND TO CARRY OUT THE PURPOSES OF THE NONPROFIT AND TAX-EXEMPT SUBSIDIARIES OF SPARROW HEALTH SYSTEM, A MICHIGAN NONPROFIT CORPORATION ("SHS- OR "SOLE MEMBER"), AND ITS MISSION TO IMPROVE THE HEALTH OF THE PEOPLE IN OUR COMMUNITY BY PROVIDING QUALITY, COMPASSIONATE CARE TO EVERYONE, EVERY TIME.