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Filing year 2023

ELY HEALTH AND HOSPITAL FUND

Ely, Minnesota·EIN 46-1836177·NTEE E11 · Health Care·501(c)(3)
Total revenue
$210k
Total assets
$15.9M
Total expenses
$35k
Reported officers
12
Mission

TO RECEIVE FUNDS AND MAKE DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER CODE SECTION 501(C)(3) AND TO PROMOTE THE HEALTH OF THE RESIDENTS OF THE COMMUNITIES SERVED BY THE ELY-BLOOMENSON COMMUNITY HOSPITAL, A MINNESOTA NONPROFIT CORPORATION.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

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

CEO
10th to 25th percentile
$43k
$48k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 11 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at ELY HEALTH AND HOSPITAL FUND equaled 122% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2023)
122%
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 126%
from 2022

From $19k in 2022 to $43k in 2023.

$19k
2022
$43k
2023
In today's dollarsEst.
Up 118% in real terms$22k to $48k

Estimated with BLS CPI-U for the Midwest 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 269% from 2022 to 2023, while revenue fell 41%.

$12k in 2022 to $43k in 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 ELY HEALTH AND HOSPITAL FUND

What does the Chief Executive Officer of ELY HEALTH AND HOSPITAL FUND earn?

In 2023, the Chief Executive Officer of ELY HEALTH AND HOSPITAL FUND received $43,202 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Health Care organizations in Minnesota, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at ELY HEALTH AND HOSPITAL FUND compare with similar nonprofits?

Compared with the same role at Health Care organizations in Minnesota, the 2023 pay of the Chief Executive Officer at ELY HEALTH AND HOSPITAL FUND falls between the 10th and 25th percentiles. In 2023, the highest total compensation at ELY HEALTH AND HOSPITAL FUND equaled 122% of the organization's total expenses. The median for health care organizations is 4%.

What are ELY HEALTH AND HOSPITAL FUND's revenue and expenses?

In 2023, ELY HEALTH AND HOSPITAL FUND reported $210k in total revenue and $35k in total expenses on its IRS Form 990.

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