HIMSS Financial Highlights

HIMSS sent me a copy of their most recent Form 990 tax filing for the fiscal year ending June 30, 2017. These are the highlights.

Yearly Accomplishments

• The strategic business unit completed 96 percent of its tactics
• The organization supported 68,000 members
• It published 750 tangible resources
• It established relationships with CMS, FDA, and the White House

Revenue

• Total revenue was $88.5 million
• Expenses were $87.6 million
• Revenue less expenses was $925,000

Revenue Contribution

• Annual conference $29.9 million (35 percent of the total)
• Publishing $13.9 million (16 percent)
• Dues $11.7 million (14 percent)
• Corporate sponsorship $9.9 million (11 percent)
• Global conferences $9.4 million (10 percent)
• Other $11.6 million (13 percent)

Salaries

• The total compensation of then-President and CEO Steve Lieber was $1.26 million
• EVP Carla Smith earned $685,000
• Most of the other six VPs earned in the $300,000 range
• HIMSS Media EVP John Whelan was paid $421,000 and two of its media salespeople earned in the $300,000 range (much of that as incentive pay)
• HIMSS paid 364 employees a total of $42 million

Expense Notes

• HIMSS spent $14.7 million to operate the annual conference
• The largest outside expense was the $5.6 million paid to event management vendor Freeman
• It paid a marketing software company $1 million for a HIMSS Analytics tool that allows customers who are in sales to prospect