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Nonprofit · EIN 23-7290564

SATELLITE HEALTHCARE INC

Tax-exempt · PLANO, TX 75024

Financials

$134.7M$278.8M2023$91.8M$76.4M2024
Revenue Expenses · by fiscal year end
Financials of SATELLITE HEALTHCARE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$91,828,804$76,407,709$15,421,095$138,745,619$68,610,903$70,134,716
December 31, 2023990$134,662,306$278,849,211-$144,186,905$390,135,239$156,069,303$234,065,936
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$27,891,338
Investment income
$63,468,263
Net gain from sales of assets
$62,096,092
Other revenue
$469,203

Expenses

Grants and similar amounts paid
$174,643
Compensation of officers, directors and key employees
$262,499
Other salaries and wages
$10,799,456
Salaries, compensation and benefits (total)
$21,340,138
Professional fundraising fees
$0
Legal fees
$4,463,978
Accounting fees
$79,567
Occupancy
$5,573,967
Travel
$742,887
Depreciation
$8,921,425
Program services (functional)
$26,914,182
Management and general (functional)
$49,493,527

Balance sheet and other

Total assets, start of year
$390,135,239
Total assets, end of year
$138,745,619
Total liabilities, end of year
$68,610,903
Net assets, end of year
$70,134,716
Land, buildings and equipment
$23,890,043
Net assets without donor restrictions
$70,134,716
Gross unrelated business income
$54,616,319
Gross receipts
$125,288,152
Employees
2,607
Volunteers
0
Year formed
1973
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
BERNADETTE N VINCENTFORMER COO
Former
0$433,031$0
SREEKANTH KAMOJJALACHIEF TECHNOLOGY OFFICER (THRU 4/24)
Highest-paid employee
40$379,547$5,661
HUSSEIN WAELCMO - RESEARCH (THRU 1/24)
Highest-paid employee
40$312,250$1,647
KEN J LEIDNERFORMER CHIEF GROWTH OFFICER
Former
0$150,000$0
BRIGITTE SCHILLER MORANFORMER CHIEF MEDICAL OFFICER
Former
0$135,081$0
THOMAS WILLIAMSDIRECTOR & INTERIM CEO (THRU 3/24)
Trustee or director
40$103,827$2,423
ROBERT FAHLMANDIRECTOR (THRU 6/24)
Trustee or director
3$31,251$0
LUIS ALVAREZDIRECTOR (THRU 6/24)
Trustee or director
3$27,501$0
CHRISTOBEL SELECKYDIRECTOR & PRESIDENT
Trustee or director, Officer
3$24,999$0
GLEN CHERTOWDIRECTOR
Trustee or director
3$24,999$0
SARAH BLANCHARDDIRECTOR (THRU 6/24)
Trustee or director
3$24,999$0
ELIZABETH BURRDIRECTOR (THRU 6/24)
Trustee or director
3$22,500$0
JOHN PANETTADIRECTOR (THRU 6/24)
Trustee or director
3$0$0
MARK CAPUTOMANAGER & SPECIAL ADVISORY TO CEO
Officer
40$0$0
MARY DITTRICHCHIEF MEDICAL OFFICER
Officer
40$0$0
3 more people on this return
NameTitleHours / weekCompensation
RYAN PARDOGENERAL COUNSEL & SECRETARY
Officer
40$0
STEVE SPRINGERSVP OF FINANCE
Officer
40$0
MEREDITH HUGOSVP/CAO
Officer
40$0
990 for the year ended December 31, 2023: 21 people
NameTitleHours / weekCompensationOther / benefits
JEFF GOFFMANPRESIDENT & CEO (THRU 5/23)
Trustee or director, Officer
40$715,079$64,970
BERNADETTE N VINCENTCHIEF OPERATIONS OFFICER (THRU 8/23)
Key employee
40$718,853$56,854
BRIGITTE SCHILLER MORANFORMER CHIEF MEDICAL OFFICER
Former
40$736,839$3,414
GRAHAM EDWIN ABRACMO - HOME (THRU 8/23)
Key employee
40$648,582$45,748
GOPA GREENCMO - IN CENTER DIALYSIS
Key employee
40$656,755$30,000
WILLIAM RICHARD RAFFOCMO - INNOVATION
Key employee
40$538,582$37,349
HUSSEIN WAELCMO - RESEARCH
Key employee
40$466,417$62,793
KEN J LEIDNERCHIEF GROWTH OFFICER (THRU 7/23)
Highest-paid employee
40$459,179$50,343
KEITH W LESTERCHIEF ADMIN. OFFICER (THRU 9/23)
Highest-paid employee
40$434,338$30,947
JAY SHANKER AGARWALCMO - POPULATION GROWTH
Highest-paid employee
40$401,330$43,450
SREEKANTH KAMOJJALACHIEF TECHNOLOGY OFFICER
Highest-paid employee
40$360,574$36,946
MARSHA DODDFORMER CHIEF BRAND OFFICER
Former
40$351,134$0
THOMAS WILLIAMS - INTERIM CEO(START 6/23)/DIRECTOR (1/23-12/23)
Trustee or director, Officer
40$317,868$1,385
BRICE KEYSERCFO (THRU 5/23)
Officer
40$274,998$43,532
ROBERT FAHLMANCHAIRMAN (THRU 12/23)
Trustee or director, Officer
4$126,129$0
LUIS ALVAREZVICE CHAIRMAN
Trustee or director, Officer
3$116,312$0
GLEN CHERTOWDIRECTOR
Trustee or director
3$105,163$0
CHRISTOBEL SELECKYDIRECTOR
Trustee or director
3$101,779$0
SARAH BLANCHARDDIRECTOR
Trustee or director
3$98,330$0
ELIZABETH BURRDIRECTOR
Trustee or director
3$89,583$0
JOHN PANETTADIRECTOR
Trustee or director
3$7,567$0

Address and contacts

Address (IRS master file)
5851 LEGACY CIR STE 900, PLANO, TX 75024-5982
In care of
% HARITA BAJAJ
Principal officer (990 for 2024)
CHRISTOBEL SELECKY, 860 HILLVIEW COURT SUITE 250, MILPITAS, CA 95035
Signed the 990
STEVE SPRINGER, SVP, FINANCE
Phone
(650) 404-3600
Return prepared by
BAKER TILLY ADVISORY GROUP LP

Mission

SINCE 1973, THE MISSION HAS BEEN TO MAKE LIFE BETTER FOR THOSE LIVING WITH KIDNEY DISEASE BY SUPPORTING RESEARCH, PROVIDING EDUCATION, AND ENSURING ACCESS TO CARE FOR ALL PATIENTS WITH KIDNEY DISEASE.

990 for the year ended December 31, 2024

Program accomplishments

  • KIDNEY DIALYSIS: CHRONIC KIDNEY DISEASE ("CKD") IS A PUBLIC HEALTH PROBLEM IN THE UNITED STATES THAT IMPACTS APPROXIMATELY 37 MILLION AMERICANS. IT IS WELL KNOWN THAT HYPERTENSION AND DIABETES ARE TWO LEADING CAUSES OF KIDNEY FAILURE. THE 2021 UNITED STATES RENAL DATA SYSTEM REPORT SHOWS THAT OF 815,896 AMERICANS WHO LIVE WITH END STAGE RENAL DISEASE ("ESRD"), CLOSE TO 69.0% ARE TREATED BY DIALYSIS AND 31% WITH A KIDNEY TRANSPLANT. SATELLITE HEALTHCARE OWNS AND OPERATES 5 IN-CENTER HEMODIALYSIS FACILITIES (SATELLITE DIALYSIS) AND HOME DIALYSIS TRAINING CENTERS (WELLBOUND) PROVIDING A VARIETY OF TREATMENT OPTIONS TO OUR PATIENTS. IN 2024, SATELLITE HEALTHCARE PROVIDED OVER 112,801 DIALYSIS TREATMENTS AND SERVICES TO OVER 350 PATIENTS IN CALIFORNIA, HAWAII, AND TENNESSEE. IN ADDITION, SATELLITE EMPLOYEES PROVIDED DIALYSIS SERVICES TO PATIENTS AT AN ADDITIONAL 80 IN CENTER CLINICS THROUGH A MANAGEMENT SERVICES AGREEMENT WITH U.S RENAL CARE PROVIDING OVER 1 MILLION DIALYSIS TREATMENTS IN 2024.PERITONEAL DIALYSIS AND HOME HEMO CENTER: WELLBOUND, A SATELLITE HEALTHCARE COMPANY, IS THE FIRST HEALTHCARE SERVICES COMPANY TO SPECIALIZE IN THE DELIVERY AND SUPPORT OF DAILY HOME DIALYSIS THERAPIES THROUGH FREE-STANDING, PATIENT-FRIENDLY CENTERS OF EXCELLENCE. OUR UNIQUE CARE MODEL IS BUILT ON THE PREMISE THAT EARLY-STAGE PATIENT EDUCATION IS THE FIRST STEP IN AN EFFECTIVE TREATMENT PROGRAM. AS SUCH, WE DEDICATE SIGNIFICANT RESOURCES TO REACHING PATIENTS BEFORE THEY REQUIRE DIALYSIS. ONCE DIALYSIS IS REQUIRED, WELLBOUND'S GOAL IS TO ENABLE NEPHROLOGISTS TO EASILY OFFER SELF-CARE (HOME) DIALYSIS THERAPIES TO THEIR PATIENTS. WE STRIVE TO EMPOWER PATIENTS TO TAKE CHARGE OF THEIR HEALTH AND EXPERIENCE THE CLINICAL AND QUALITY OF LIFE BENEFITS ASSOCIATED WITH SELF-CARE DIALYSIS.WE STRIVE TO EMPOWER PATIENTS TO TAKE CHARGE OF THEIR HEALTH AND EXPERIENCE THE CLINICAL AND QUALITY OF LIFE BENEFITS ASSOCIATED WITH SELF-CARE DIALYSIS. SEE ALSO COMMUNITY BENEFIT REPORT BELOW.COMMUNITY BENEFIT REPORT: WE REMAINED TRUE TO OUR GOAL OF PROVIDING THE HIGHEST QUALITY, PATIENT-CENTERED CARE AND NEVER RESTED ON ITS LAURELS. AT OUR 5 CENTERS, WE PROVIDED MORE THAN 100,000 DIALYSIS TREATMENTS IN 2024. OUR PATIENTS AND REGULATORS EXPRESSED HIGH PRAISE FOR OUR EFFORTS. AN ANNUAL PATIENT EXPERIENCE SURVEY CONDUCTED SHOWED THAT 70 PERCENT OF SATELLITE CENTERS WERE RATED 4 OR 5 STARS OUT OF 5 STARS BY PATIENTS, COMPARED WITH THE NATIONAL AVERAGE OF 43%. IN THE 5-STAR RATINGS FOR QUALITY AWARDED BY CMS, 57 PERCENT OF OUR CENTERS ACHIEVED 4 OR 5 STARS, COMPARED WITH THE NATIONAL AVERAGE OF 23 PERCENT. THESE RATINGS ARE NO SMALL FEAT AND REFLECT THE SENTIMENTS OF IMPORTANT AND INFLUENTIAL AUDIENCES.IN 2024, OUR CHARITABLE CONTRIBUTIONS TOTALED $175,000 FOR UNCOMPENSATED CARE, GRANTS AND INTERNSHIPS. SATELLITE HEALTHCARE SUPPORTED VARIOUS NATIONAL KIDNEY FOUNDATION AND AMERICAN KIDNEY FUND ACTIVITIES. THESE ACTIVITIES ALLOWED US TO COLLABORATE WITH LONGTIME COMMUNITY PARTNERS ON EDUCATIONAL OPPORTUNITIES AND ADVOCACY EFFORTS, AMONG OTHERS.
    Expenses $26,914,182 · grants $174,643 · revenue $3,697,672
  • SATELLITE HEALTHCARE PROVIDED SCHOLARSHIPS AND INTERNSHIPS AND FELLOWSHIPS. SATELLITE HEALTHCARE SPONSORS FELLOWS FROM STANFORD UNIVERSITY AND OTHER ACADEMIC INSTITUTIONS TO HELP TRAIN AND INSPIRE THE NEXT GENERATION OF NEPHROLOGY CLINICAL AND RESEARCH PROFESSIONALS DURING A ONE-YEAR FELLOWSHIP AT SATELLITE HEALTHCARE. IN OUR FELLOWSHIP PROGRAM, NEPHROLOGY PHYSICIANS-IN-TRAINING SPEND A FELLOWSHIP YEAR AT SATELLITE HEALTHCARE FOCUSED ON DIALYSIS-RELATED RESEARCH AND QUALITY IMPROVEMENT PROJECTS DIRECTLY RELATED TO PATIENT CARE DELIVERY AT SATELLITE.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-7290564
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Hospital or medical research organization
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1973
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E300)
Assets (IRS master file)
$138,745,619
Income (IRS master file)
$125,288,152

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$91,828,804$76,407,709$138,745,619XML
990-TDecember 2024–––IRS
990December 2023$134,662,306$278,849,211$390,135,239XML
990-TDecember 2023–––IRS
990December 2022$182,983,874$304,278,546$530,400,810IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7290564).

Questions about SATELLITE HEALTHCARE INC

What is the EIN of SATELLITE HEALTHCARE INC?
The employer identification number (EIN) of SATELLITE HEALTHCARE INC is 23-7290564.
Is SATELLITE HEALTHCARE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1973.
Are donations to SATELLITE HEALTHCARE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SATELLITE HEALTHCARE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SATELLITE HEALTHCARE INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SATELLITE HEALTHCARE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of SATELLITE HEALTHCARE INC?
The 990 for the year ended December 31, 2024 names CHRISTOBEL SELECKY.
Who are the officers and directors of SATELLITE HEALTHCARE INC?
The 990 for the year ended December 31, 2024 lists 18 people; 12 received compensation from the organization, the highest $433,031 (BERNADETTE N VINCENT, FORMER COO).
How much revenue does SATELLITE HEALTHCARE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $91,828,804, expenses of $76,407,709 and total assets of $138,745,619 at year end.

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