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New tax filings show Valley Children’s CEO Todd Suntrapak’s compensation decreased compared to 2021
Idaho

New tax filings show Valley Children’s CEO Todd Suntrapak’s compensation decreased compared to 2021

FRESNO, Calif. (KFSN) — Recently released tax documents show the annual differences between the compensation of Todd Suntrapak, CEO of Valley Children’s.

Suntrapak’s compensation decreased by $2 million from fiscal year 2021 to 2022.

In June, Valley Children’s Action News said he received a base salary of about $1.7 million, a $1 million bonus, and $310,000 in health and retirement benefits, for total compensation of $3 million.

Valley Children’s Hospital’s tax document released Friday matches the numbers provided to Action News.

The image below is a page from Valley Children’s Hospital’s tax form 990 showing the salary breakdown of the hospital’s management.

Suntrapak came under scrutiny after various media reports revealed that his salary had more than doubled from $2.1 million in 2019 to $5.5 million in 2020, the first year of the pandemic.

The following year, 2021, Suntrapak earned a total of $5.1 million, including $1.7 million in base salary. Due to a change in the hospital’s bonus plan, Suntrapak received two bonuses that year totaling $3.4 million.

Suntrapak also received a generous incentive this year – a $5 million repayable loan that he used to purchase a $6.5 million home in Carmel.

According to IRS forms, Suntrapak’s 2021 salary was significantly higher than that of the CEOs of 13 other major children’s hospitals in the United States.

“I don’t decide what my compensation is,” Suntrapak said in an exclusive interview with Action News anchor Graciela Moreno. “Our board of directors determines what the appropriate compensation is for the CEO.”

RELATED: Documents show how Valley Children’s CEO’s salary compares to other hospital leaders

Suntrapak also came under fire from two members of the Fresno City Council.

Garry Bredefeld and Miguel Arias have questioned whether funds from public health insurance programs such as Medi-Cal were used to finance executive salaries.

The two Fresno council members also called on California Attorney General Rob Bonta to launch an investigation into Valley Children’s Hospital.

RELATED TOPICS: Valley Children’s Healthcare responds to Fresno City Council regarding CEO pay

Many in the community have voiced their opinions on social media, with some supporting Suntrapak and the hospital, while others have expressed disappointment and even accused Valley Children’s of using donor funds to pay the hospital’s top salaries.

“We are always grateful for the public investment in our work at Valley Children’s, which is really about helping children,” Suntrapak said. “And as I said, most of those donations are earmarked, and if a donor has any concerns in the future, they just need to earmark that contribution, that donation, that investment.”

According to the hospital, this year’s annual Kids Day fundraiser, sponsored by ABC30, raised $480,000 in earmarked donations to be used by the hematology department.

The hospital has also maintained a 15-year partnership with Panda Express, raising $5.3 million exclusively for patient assistance programs.

While the hospital prides itself on its overall handling of the pandemic, including no layoffs, furloughs or pay freezes, some nurses at Valley Children’s say their pay is not consistent with that of nurses at other local hospitals.

FULL Valley Kids Tax Document:

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