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Filing year 2024

INTERNATIONAL FALLS MEMORIAL HOSPITAL ASSOCIATION

International Falls, Minnesota·EIN 41-0726171·NTEE E22Z · Health Care·501(c)(3)
Total revenue
$43.9M
Total assets
$39.8M
Total expenses
$43.4M
Reported officers
15
Mission

PROVIDE ACCESSIBLE QUALITY HEALTHCARE TO OUR COMMUNITIES USING VALUES OF INTEGRITY AND RESPECT, COMPASSION AND EXCELLENCE THROUGH TEAMWORK (ICE) IN SUPPORT OF THE VISION COMPRISED OF THE FOLLOWING ELEMENTS: PROVIDER OF CHOICE OF OUR COMMUNITIES, PATIENT AND FAMILY-CENTERED CARE, EXPANDING SERVICES, REGIONAL SPECIALTY RELATIONSHIPS AND PREFERRED HEALTHCARE EMPLOYER.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2024

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

CEO
75th to 90th percentile
$415k
$446k
Base
$313k
Bonus
$32k
Other
$14k
Benefits
$39k
General Surgeon
Highest Compensated Employee
Median to 75th percentile
$383k
$412k
Base
$344k
Bonus
Other
Benefits
$31k
Physician
Highest Compensated Employee
Median to 75th percentile
$323k
$348k
Base
$301k
Bonus
Other
$1k
Benefits
$14k
Physician
Highest Compensated Employee
Median to 75th percentile
$291k
$313k
Base
$245k
Bonus
$5k
Other
$1k
Benefits
$33k
Cno
Highest Compensated Employee
25th percentile to median
$201k
$216k
Base
$178k
Bonus
$5k
Other
$1k
Benefits
$11k
Pharmacist
Highest Compensated Employee
25th percentile to median
$194k
$209k
Base
$172k
Bonus
$7k
Other
$7k
Benefits
$4k
Contracted CFO (thru 06/2024)
Median to 75th percentile
$136k
$147k

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 8 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at INTERNATIONAL FALLS MEMORIAL HOSPITAL ASSOCIATION equaled 1.0% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2024)
1.0%
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 7%
from 2023

From $389k in 2023 to $415k in 2024.

$389k
2023
$415k
2024
In today's dollarsEst.
Up 4% in real terms$430k to $446k

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 7% from 2023 to 2024, while revenue rose 27%.

$389k in 2023 to $415k in 2024.
  • Highest Compensated Employee pay rose 1% from 2023 to 2024.
  • Chief Financial Officer pay fell 25% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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 INTERNATIONAL FALLS MEMORIAL HOSPITAL ASSOCIATION

What does the Chief Executive Officer of INTERNATIONAL FALLS MEMORIAL HOSPITAL ASSOCIATION earn?

In 2024, the Chief Executive Officer of INTERNATIONAL FALLS MEMORIAL HOSPITAL ASSOCIATION received $414,608 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Health Care organizations in Minnesota, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at INTERNATIONAL FALLS MEMORIAL HOSPITAL ASSOCIATION compare with similar nonprofits?

Compared with the same role at Health Care organizations in Minnesota, the 2024 pay of the Chief Executive Officer at INTERNATIONAL FALLS MEMORIAL HOSPITAL ASSOCIATION falls between the 75th and 90th percentiles. In 2024, the highest total compensation at INTERNATIONAL FALLS MEMORIAL HOSPITAL ASSOCIATION equaled 1.0% of the organization's total expenses. The median for health care organizations is 4%.

What are INTERNATIONAL FALLS MEMORIAL HOSPITAL ASSOCIATION's revenue and expenses?

In 2024, INTERNATIONAL FALLS MEMORIAL HOSPITAL ASSOCIATION reported $43.9M in total revenue and $43.4M in total expenses on its IRS Form 990.

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