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Filing year 2023

MEMORIAL HOSPITAL

Owosso, Michigan·EIN 38-1358208·NTEE E220 · Health Care·501(c)(3)
Total revenue
$298.6M
Total assets
$196.1M
Total expenses
$292.5M
Reported officers
25
Mission

TO PROMOTE HEALTH AND PROVIDE QUALITY COMPASSIONATE HEALTHCARE IN OUR REGION THROUGH A COMMITMENT TO SERVICE EXCELLENCE, TEAMWORK AND INNOVATION.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 16 reported individuals · Filing year 2023

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

Physician
Highest Compensated Employee
75th to 90th percentile
$1.1M
$1.2M
Base
$1.1M
Bonus
$20k
Other
Benefits
$22k
Physician
Highest Compensated Employee
75th to 90th percentile
$1M
$1.1M
Base
$704k
Bonus
$312k
Other
Benefits
$17k
Physician
Highest Compensated Employee
75th to 90th percentile
$902k
$996k
Base
$851k
Bonus
$29k
Other
Benefits
$15k
Physician
Highest Compensated Employee
75th to 90th percentile
$891k
$984k
Base
$862k
Bonus
Other
Benefits
$22k
Physician
Highest Compensated Employee
75th to 90th percentile
$843k
$931k
Base
$382k
Bonus
$433k
Other
Benefits
$21k
Executive Director/ceo
Officer (Unspecified)
$708k
$782k
Base
$645k
Bonus
$42k
Other
Benefits
$14k
Member
Board Member
Above 90th percentile
$514k
$568k
Base
$485k
Bonus
$1k
Other
Benefits
$21k
Member
Board Member
75th to 90th percentile
$494k
$545k
Base
$282k
Bonus
$189k
Other
Benefits
$16k
Vice Chief of Staff
Key Employee
75th to 90th percentile
$427k
$472k
Base
$362k
Bonus
$37k
Other
Benefits
$21k
Chief Medical Officer
Key Employee
75th to 90th percentile
$404k
$446k
Base
$383k
Bonus
Other
Benefits
$14k
Member
Board Member
75th to 90th percentile
$359k
$396k
Base
$308k
Bonus
$26k
Other
Benefits
$19k
Member
Board Member
75th to 90th percentile
$354k
$392k
Base
$327k
Bonus
Other
Benefits
$21k
COO
75th to 90th percentile
$296k
$327k
Base
$262k
Bonus
$9k
Other
Benefits
$19k
CFO
Median to 75th percentile
$259k
$286k
Base
$244k
Bonus
$7k
Other
Benefits
$3k
VP Physician Practice Management
Board Vice President
Median to 75th percentile
$245k
$270k
Base
$222k
Bonus
$4k
Other
Benefits
$13k
VP of Talent Management
Board Vice President
Median to 75th percentile
$212k
$234k
Base
$204k
Bonus
Other
Benefits
$4k

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 9 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at MEMORIAL HOSPITAL equaled 0.4% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2023)
0.4%
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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about MEMORIAL HOSPITAL

What does the Highest Compensated Employee of MEMORIAL HOSPITAL earn?

In 2023, the Highest Compensated Employee of MEMORIAL HOSPITAL received $1,129,948 in total compensation. This pay is in the top quarter for Highest Compensated Employee roles among Health Care organizations in Michigan, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at MEMORIAL HOSPITAL compare with similar nonprofits?

Compared with the same role at Health Care organizations in Michigan, the 2023 pay of the Highest Compensated Employee at MEMORIAL HOSPITAL falls between the 75th and 90th percentiles. In 2023, the highest total compensation at MEMORIAL HOSPITAL equaled 0.4% of the organization's total expenses. The median for health care organizations is 4%.

What are MEMORIAL HOSPITAL's revenue and expenses?

In 2023, MEMORIAL HOSPITAL reported $298.6M in total revenue and $292.5M in total expenses on its IRS Form 990.

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