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Filing year 2023

CHESAPEAKE REGIONAL MEDICAL GROUP

Chesapeake, Virginia·EIN 26-2366542·NTEE E11 · Health Care·501(c)(3)
Total revenue
$20M
Total assets
$10.3M
Total expenses
$40M
Reported officers
13
Mission

THE MISSION OF CHESAPEAKE REGIONAL MEDICAL GROUP IS TO ATTRACT HARD-TO-FIND PHYSICIANS TO THE CHESAPEAKE, VIRGINIA AREA AND RETAIN THEM WITH PRACTICE ADMINISTRATION ASSISTANCE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2023

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

Physician
Highest Compensated Employee
Above 90th percentile
$973k
$1.1M
Base
$650k
Bonus
$323k
Other
Benefits
Physician
Highest Compensated Employee
Above 90th percentile
$871k
$951k
Base
$430k
Bonus
$441k
Other
Benefits
Physician
Highest Compensated Employee
Above 90th percentile
$851k
$929k
Base
$550k
Bonus
$301k
Other
Benefits
Physician
Highest Compensated Employee
75th to 90th percentile
$604k
$660k
Base
$558k
Bonus
$46k
Other
Benefits
Physician
Highest Compensated Employee
75th to 90th percentile
$588k
$642k
Base
$325k
Bonus
$263k
Other
Benefits
CEO & President
10th to 25th percentile
$53k
$58k
Chief Financial Officer
25th percentile to median
$53k
$58k

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 6 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at CHESAPEAKE REGIONAL MEDICAL GROUP equaled 2% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2023)
2%
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.

Up 21%
from 2022

From $804k in 2022 to $973k in 2023.

$804k
2022
$973k
2023
In today's dollarsEst.
Up 16% in real terms$917k to $1.1M

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 21% from 2022 to 2023, while revenue rose 11%.

$804k in 2022 to $973k in 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 CHESAPEAKE REGIONAL MEDICAL GROUP

What does the Highest Compensated Employee of CHESAPEAKE REGIONAL MEDICAL GROUP earn?

In 2023, the Highest Compensated Employee of CHESAPEAKE REGIONAL MEDICAL GROUP received $972,956 in total compensation. This pay is in the top 10% for Highest Compensated Employee roles among Health Care organizations in Virginia: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at CHESAPEAKE REGIONAL MEDICAL GROUP compare with similar nonprofits?

Compared with the same role at Health Care organizations in Virginia, the 2023 pay of the Highest Compensated Employee at CHESAPEAKE REGIONAL MEDICAL GROUP falls in the top 10%. In 2023, the highest total compensation at CHESAPEAKE REGIONAL MEDICAL GROUP equaled 2% of the organization's total expenses. The median for health care organizations is 4%.

What are CHESAPEAKE REGIONAL MEDICAL GROUP's revenue and expenses?

In 2023, CHESAPEAKE REGIONAL MEDICAL GROUP reported $20M in total revenue and $40M in total expenses on its IRS Form 990.

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