Record, 22 June 2026 · CMS certification number 020012
FAIRBANKS MEMORIAL: finances, community benefit and executive pay, one hospital
FAIRBANKS MEMORIAL, a 340B-registered hospital in FAIRBANKS, AK, filed a Medicare cost report processed 2026-06-22 reporting net patient revenue of $399,785,319 against total operating expenses of $389,291,494, over 122 beds. The same filing reports charity care, at cost, of $2,127,047. Its IRS Form 990 Schedule H, for tax year 2023, reports total community benefit expense of $34,531,232, 9.5% of total expense. That same Form 990 filing's highest-reported executive or director pay, among 33 people the filing lists, went to DAVID JINICH, PHYSICIAN, at $1,267,780 in reportable compensation from the organization. The cost report and the Form 990 are filed to different agencies under different rules; the two are matched here by the street address and ZIP code they share, since the cost report carries no employer identification number.
Figures cited
| Figure | As filed | Source |
|---|---|---|
| Net patient revenue | 399785319 | hosp_cost_reports.net_patient_revenue |
| Total operating expenses | 389291494 | hosp_cost_reports.total_operating_expenses |
| Total facility beds | 122 | hosp_cost_reports.total_facility_beds |
| Charity care, at cost | 2127047 | hosp_cost_reports.charity_care_cost |
| Total community benefit expense | 34531232 | hlth340b_schedule_h_community_benefit.total_community_benefit_cost |
| Community benefit, percent of total expense | 0.0947 | hlth340b_schedule_h_community_benefit.total_community_benefit_pct |
| Reportable compensation from the organization | 1267780 | hlth340b_officer_pay.reportable_comp_from_org |
Full record: the cost-report record for CMS certification number 020012. Every figure above is printed as its source document printed it.