How Much Does The Ceo Of St Jude's Make, St. Jude Children's Research Hospital is a non-profit organization that provides medical care and, General, how-much-does-the-ceo-of-st-judes-make, JPOSE
St. Jude Children's Research Hospital is a non-profit organization that provides medical care and research for children with cancer and other life-threatening diseases. The hospital was founded by the late entertainer, Danny Thomas, in 1962. Since then, St. Jude has become one of the world's leading pediatric research centers.
As a non-profit organization, St. Jude relies on donations to fund its operations. The hospital does not charge patients or their families for treatment, housing, or food. Instead, St. Jude covers the cost of these expenses through donations from individuals, corporations, and other organizations.
With the importance of St. Jude's mission, many people are curious about the salary of the hospital's CEO. The current CEO of St. Jude is James R. Downing, MD. Dr. Downing has been the CEO of St. Jude since July 2014.
According to the hospital's 2018 Form 990, Dr. Downing's total compensation package was $1,744,751. This figure includes his salary, bonus, and other compensation. It is important to note that Dr. Downing's compensation is within the range of comparable non-profit organizations.
While the CEO's salary may seem high, it is important to consider the scope of St. Jude's operations. The hospital treats more than 8,500 children annually and conducts research in areas such as cancer, sickle cell disease, and infectious diseases. St. Jude also operates satellite clinics in several states to provide care for children who cannot travel to the main hospital in Memphis, Tennessee.
In addition to Dr. Downing's salary, St. Jude employs more than 4,500 people who work in a variety of roles, including doctors, nurses, researchers, and administrative staff. The hospital's total operating expenses for 2018 were $1.8 billion.
In conclusion, the CEO of St. Jude Children's Research Hospital, James R. Downing, MD, has a compensation package of $1,744,751. While this may seem like a high salary, it is important to consider the scope of St. Jude's operations and the fact that the hospital is a non-profit organization that relies on donations to fund its operations. Dr. Downing's compensation is within the range of comparable non-profit organizations.