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Filing year 2023

CAROMONT MEDICAL GROUP INC

Gastonia, North Carolina·EIN 56-1479712·NTEE E11 · Health Care·501(c)(3)
Total revenue
$165.7M
Total assets
$82.8M
Total expenses
$208.8M
Reported officers
14
Mission

TO PROVIDE COMPASSIONATE, EXCEPTIONAL AND HIGHLY RELIABLE CARE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 11 reported individuals · Filing year 2023

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

Physcian
Highest Compensated Employee
Above 90th percentile
$1.4M
$1.5M
Base
$470k
Bonus
$825k
Other
$3k
Benefits
$25k
Physcian
Highest Compensated Employee
Above 90th percentile
$1.3M
$1.4M
Base
$829k
Bonus
$364k
Other
$4k
Benefits
$25k
Physcian
Highest Compensated Employee
75th to 90th percentile
$1.2M
$1.3M
Base
$731k
Bonus
$375k
Other
$3k
Benefits
$25k
Physcian
Highest Compensated Employee
75th to 90th percentile
$1.1M
$1.2M
Base
$571k
Bonus
$547k
Other
$954
Benefits
$24k
Physcian
Highest Compensated Employee
75th to 90th percentile
$1.1M
$1.2M
Base
$567k
Bonus
$458k
Other
$1k
Benefits
$25k
Director
Board Member
Above 90th percentile
$871k
$951k
Base
$566k
Bonus
$242k
Other
$4k
Benefits
$15k
Director
Board Member
Above 90th percentile
$559k
$610k
Base
$427k
Bonus
$70k
Other
$4k
Benefits
$15k
Director
Board Member
75th to 90th percentile
$323k
$353k
Base
$151k
Bonus
$112k
Other
$1k
Benefits
$25k
CEO
75th to 90th percentile
$309k
$338k
Evp/cfo/asst. Treasurer
Median to 75th percentile
$184k
$201k
Clo/asst. Sec.
Officer (Unspecified)
$110k
$120k

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 3 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at CAROMONT MEDICAL GROUP INC equaled 0.7% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2023)
0.7%
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.

Up 24%
from 2022

From $1.1M in 2022 to $1.4M in 2023.

$1.1M
2022
$1.4M
2023
In today's dollarsEst.
Up 19% in real terms$1.3M to $1.5M

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

Highest Compensated Employee pay rose 24% from 2022 to 2023, while revenue rose 7%.

$1.1M in 2022 to $1.4M in 2023.
  • Board Member pay fell 3% from 2022 to 2023.
  • Chief Executive Officer pay rose 8% 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 CAROMONT MEDICAL GROUP INC

What does the Highest Compensated Employee of CAROMONT MEDICAL GROUP INC earn?

In 2023, the Highest Compensated Employee of CAROMONT MEDICAL GROUP INC received $1,366,814 in total compensation. This pay is in the top 10% for Highest Compensated Employee roles among Health Care organizations in North Carolina: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at CAROMONT MEDICAL GROUP INC compare with similar nonprofits?

Compared with the same role at Health Care organizations in North Carolina, the 2023 pay of the Highest Compensated Employee at CAROMONT MEDICAL GROUP INC falls in the top 10%. In 2023, the highest total compensation at CAROMONT MEDICAL GROUP INC equaled 0.7% of the organization's total expenses. The median for health care organizations is 4%.

What are CAROMONT MEDICAL GROUP INC's revenue and expenses?

In 2023, CAROMONT MEDICAL GROUP INC reported $165.7M in total revenue and $208.8M in total expenses on its IRS Form 990.

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