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Filing year 2024

MAJOR HOSPITAL FOUNDATION

Shelbyville, Indiana·EIN 23-7118890·NTEE E22I · Health Care·3
Total revenue
$1.2M
Total assets
$9.2M
Total expenses
$930k
Reported officers
12
Mission

OUR MISSION IS TO SUPPORT THE MHP MEDICAL CENTER/MAJOR HOSPITAL, ORGANIZATIONS SUPPORTING THE MISSION OF MHP, AND OUR PATIENTS BY HELPING FINANCE PURCHASES OF MEDICAL TECHNOLOGY AND EQUIPMENT, CAPITAL PROJECTS, PATIENT SUPPORT AND ASSISTANCE, AND EDUCATION FOR OUR STAFF AND COMMUNITY.

Executive compensation

Form 990 · Schedule J · 4 reported individuals · Filing year 2024

Executive Director
$86k
$92k
Board Member, Hospital CEO
board member
$45k
$48k
Board Treasurer, Hospital CFO
board treasurer
$45k
$48k
Board Member, Hospital VP of Quality & Strategy
board president
$28k
$31k

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

Up 9%
from 2023

From $79k in 2023 to $86k in 2024.

$79k
2023
$86k
2024
In today's dollarsEst.
Up 6% in real terms$87k to $92k

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.

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

Revenue and expenses over time

MAJOR HOSPITAL FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.3M
$837k
2023
$1.2M
$930k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Health Care executives earn in Indiana

Comparable health care organizations in Indiana pay their highest-earning executive a median of $133,355.

25th percentile
$50k
Median
$133,355
75th percentile
$260k
90th percentile
$553k

These are health care sector-wide figures, not this organization's reported pay. Based on 71 organizations across 71 filings (2021 – 2023).

See full Health Care pay data for Indiana
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MAJOR HOSPITAL FOUNDATION | Executive Pay $28k-$86k | Lucido