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Filing year 2024

MEMORIAL HEALTHCARE FOUNDATION

Owosso, Michigan·EIN 38-3036586·NTEE B82Z · Education·3
Total revenue
$864k
Total assets
$10.4M
Total expenses
$385k
Reported officers
15
Mission

THROUGH FUND DEVELOPMENT, WE SERVE OUR COMMUNITY BY ASSISTING MEMORIAL HEALTHCARE ACHIEVE ITS MISSION TO PROMOTE HEALTH AND PROVIDE QUALITY COMPASSIONATE HEALTHCARE IN THE SHIAWASSEE REGION.

Executive compensation

Form 990 · Schedule J · 5 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Education organizations in Michigan.

Member
Board Member
Median to 75th percentile
$33k
$35k
CEO Memorial Healthcare
10th to 25th percentile
$33k
$35k
Executive Director
10th to 25th percentile
$29k
$31k
Member
Board Member
25th percentile to median
$12k
$13k
Executive Director
Below 10th percentile
$2k
$2k

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 10 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at MEMORIAL HEALTHCARE FOUNDATION equaled 9% of the organization's total expenses. The median for education organizations is 6%.

This organization (2024)
9%
Sector median
6%
Middle half of sector
2% to 15%

Based on 24,392 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 31%
from 2023

From $25k in 2023 to $33k in 2024.

$25k
2023
$33k
2024
In today's dollarsEst.
Up 28% in real terms$28k to $35k

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

Board Member pay rose 31% from 2023 to 2024, while revenue fell 29%.

$25k in 2023 to $33k in 2024.
  • Chief Executive Officer pay rose 59% 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 MEMORIAL HEALTHCARE FOUNDATION

What does the Board Member of MEMORIAL HEALTHCARE FOUNDATION earn?

In 2024, the Board Member of MEMORIAL HEALTHCARE FOUNDATION received $32,726 in total compensation. This pay is above the median (the midpoint) for Board Member roles among Education organizations in Michigan, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at MEMORIAL HEALTHCARE FOUNDATION compare with similar nonprofits?

Compared with the same role at Education organizations in Michigan, the 2024 pay of the Board Member at MEMORIAL HEALTHCARE FOUNDATION falls between the median and the 75th percentile. In 2024, the highest total compensation at MEMORIAL HEALTHCARE FOUNDATION equaled 9% of the organization's total expenses. The median for education organizations is 6%.

What are MEMORIAL HEALTHCARE FOUNDATION's revenue and expenses?

In 2024, MEMORIAL HEALTHCARE FOUNDATION reported $864k in total revenue and $385k in total expenses on its IRS Form 990.

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