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Filing year 2023

Boone Memorial Hospital Inc

Madison, West Virginia·EIN 55-0477361·NTEE E22 · Health Care·501(c)(3)
Total revenue
$87.8M
Total assets
$84M
Total expenses
$84.9M
Reported officers
19

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 9 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Health Care organizations in West Virginia.

President and Chief Executive Officer
75th to 90th percentile
$721k
$787k
Base
$336k
Bonus
Other
Benefits
$27k
Doctor
Highest Compensated Employee
Median to 75th percentile
$688k
$752k
Base
$657k
Bonus
Other
Benefits
$27k
Doctor
Highest Compensated Employee
Median to 75th percentile
$504k
$550k
Base
$469k
Bonus
Other
Benefits
$27k
Doctor
Highest Compensated Employee
Median to 75th percentile
$484k
$529k
Base
$470k
Bonus
Other
Benefits
$9k
Chief Operating Officer
75th to 90th percentilevs Health Care peers nationwide
$481k
$525k
Base
$263k
Bonus
Other
Benefits
$27k
Doctor
Highest Compensated Employee
Median to 75th percentile
$462k
$504k
Base
$429k
Bonus
Other
Benefits
$27k
Doctor
Highest Compensated Employee
Median to 75th percentile
$439k
$480k
Base
$407k
Bonus
Other
Benefits
$27k
Chief Financial Officer
Above 90th percentile
$346k
$378k
Base
$224k
Bonus
Other
Benefits
$27k
Ceao and Secretary
Secretary (Operational)
75th to 90th percentilevs Health Care peers nationwide
$213k
$233k
Base
$185k
Bonus
Other
Benefits
$27k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 10 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Boone Memorial Hospital Inc equaled 0.8% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2023)
0.8%
Sector median
4%
Middle half of sector
1% to 13%

Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Held steady
from 2022

From $714k in 2022 to $721k in 2023.

$714k
2022
$721k
2023
In today's dollarsEst.
Down 3% in real terms$815k to $787k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 1% from 2022 to 2023, while revenue rose 22%.

$714k in 2022 to $721k in 2023.
  • Highest Compensated Employee pay rose 6% from 2022 to 2023.
  • Chief Operating Officer pay rose 25% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Boone Memorial Hospital Inc

What does the Chief Executive Officer of Boone Memorial Hospital Inc earn?

In 2023, the Chief Executive Officer of Boone Memorial Hospital Inc received $720,708 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Health Care organizations in West Virginia, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Boone Memorial Hospital Inc compare with similar nonprofits?

Compared with the same role at Health Care organizations in West Virginia, the 2023 pay of the Chief Executive Officer at Boone Memorial Hospital Inc falls between the 75th and 90th percentiles. In 2023, the highest total compensation at Boone Memorial Hospital Inc equaled 0.8% of the organization's total expenses. The median for health care organizations is 4%.

What are Boone Memorial Hospital Inc's revenue and expenses?

In 2023, Boone Memorial Hospital Inc reported $87.8M in total revenue and $84.9M in total expenses on its IRS Form 990.

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