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Filing year 2024

MEDICAL LOAN CLOSET OF HENDERSON COUNTY INC

Hendersonville, North Carolina·EIN 26-2933780·NTEE E60 · Health Care·501(c)(3)
Total revenue
$173k
Total assets
$510k
Total expenses
$129k
Reported officers
8
Mission

THE ORGANIZATION LOANS DURABLE MEDICAL EQUIPMENT AT LOW COST TO RESIDENTS OF HENDERSON COUNTY IN NEED OF SUCH EQUIPMENT ON A SHORT-TERM BASIS.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

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

Executive Di
10th to 25th percentile
$31k
$32k

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 7 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at MEDICAL LOAN CLOSET OF HENDERSON COUNTY INC equaled 24% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2024)
24%
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.

Held steady
from 2023

From $31k in 2023 to $31k in 2024.

$31k
2023
$31k
2024
In today's dollarsEst.
Down 3% in real terms$33k to $32k

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

Chief Executive Officer pay held roughly steady from 2023 to 2024, while revenue fell 10%.

$31k in 2023 to $31k in 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 MEDICAL LOAN CLOSET OF HENDERSON COUNTY INC

What does the Chief Executive Officer of MEDICAL LOAN CLOSET OF HENDERSON COUNTY INC earn?

In 2024, the Chief Executive Officer of MEDICAL LOAN CLOSET OF HENDERSON COUNTY INC received $30,500 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Health Care organizations in North Carolina, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MEDICAL LOAN CLOSET OF HENDERSON COUNTY INC compare with similar nonprofits?

Compared with the same role at Health Care organizations in North Carolina, the 2024 pay of the Chief Executive Officer at MEDICAL LOAN CLOSET OF HENDERSON COUNTY INC falls between the 10th and 25th percentiles. In 2024, the highest total compensation at MEDICAL LOAN CLOSET OF HENDERSON COUNTY INC equaled 24% of the organization's total expenses. The median for health care organizations is 4%.

What are MEDICAL LOAN CLOSET OF HENDERSON COUNTY INC's revenue and expenses?

In 2024, MEDICAL LOAN CLOSET OF HENDERSON COUNTY INC reported $173k in total revenue and $129k in total expenses on its IRS Form 990.

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