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Organizations Health Care The Cleveland Clinic Foundation

The Cleveland Clinic Foundation

Fiscal year ending 2023. Filed on November 14, 2024.

6801 Brecksville Rd Rk1-85
Independence, Ohio 44131

The Cleveland Clinic Foundation (EIN: 34-0714585) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2023 IRS Form 990 filing, The Cleveland Clinic Foundation, a 501(c)(3) charitable organization, reported compensation for 28 out of 48,824 total employees. Among the employees shown here, the average compensation is $1,869,633. The highest compensated employee at The Cleveland Clinic Foundation is Mihaljevic M.D. Tomislav with fiscal year 2023 compensation of $7,021,802.

Revenue, expenses, and employee compensation

Revenue

$8,958,297,084

Expenses

$8,518,490,199

Employee compensation

$4,860,199,970
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Mihaljevic M.D. Tomislav
President and Chief Executive Officer and Director
$7,021,802
$6,966,584 No related comp$55,218
Bolwell M.D. Brian
Physician (2023 Retiree)
$4,384,158
$4,384,158 No related compNo other comp
Vidimos M.D. Allison
Physician (2023 Retiree)
$3,110,647
$3,027,736 No related comp$82,911
Falcone M.D. Tommaso
Interim CEO CC London (Part YR)
$2,561,417
$0 $2,504,315 $57,102
Rowan David
SEC, Executive Vice President, Chief Legal OFF
$2,454,331
$2,402,885 No related comp$51,446
Svensson M.D. Lars
Institute Chief - HVTI
$2,339,798
$2,284,287 No related comp$55,511
Laraway Dennis
Executive Vice President, CFO and Treasurer (Part YR)
$2,329,629
$2,285,205 No related comp$44,424
Chandra Ph.D. Rohit
Chief Digital Officer
$2,218,995
$2,170,811 No related comp$48,184
Strein Stefan
Chief Investment Officer
$2,216,977
$2,163,476 No related comp$53,501
Peacock William
Executive Vice President, Chief of Operations
$2,200,858
$2,148,691 No related comp$52,167
Deyling M.D. Cynthia
Retired Physician
$2,181,866
$2,043,898 No related comp$137,968
Malone Jr M.D. Donald
Executive Vice President, PRES of NEO Market
$2,124,030
$1,451,184 No related comp$672,846

Benchmark Employee Compensation

Non-Employee Board Members

Auletta Patrick V
Director
Benz K Michael
Director
Crawford Deborah A
Director
Fedeli Umberto P
Director
Gwin Bonnie W
Director
Hoover Carole
Director
Ishrak Ph.D. Omar
Director
Kemper Rn Betty
Director
Kilbane Esq Catherine M
Director
Kohl Stewart
Director
Kramer Richard
Director
Maroone Michael
Director

Contractors

Qualivis LLC
Personnel
$115,425,612
Siemens Medical Solutions Inc.
Healthcare IT and Engineering
$27,741,803
Media Storm LLC
Advertising and Marketing
$20,488,595
Towne Park LLC
Parking
$19,757,599
Gilbane Building CO
Construction
$14,170,826

Mission Statement

CARING FOR LIFE, RESEARCHING FOR HEALTH AND EDUCATING THOSE WHO SERVE.

Revisions to this organization profile

November 14, 2025:
2024 The Cleveland Clinic Foundation 990 filed
November 14, 2024:
2023 The Cleveland Clinic Foundation 990 filed
November 13, 2023:
2022 The Cleveland Clinic Foundation 990 filed

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