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Memorial Hospital

Owosso, Michigan·EIN 38-1358208·NTEE E220 · Health Care·501(c)(3)·Filing year 2023

Memorial Hospital's highest-paid officer, the Physician, was reported at $1,129,948 for 2023 (IRS Form 990), including base pay and other compensation.

Total revenue
$298.6M
Total assets
$196.1M
Total expenses
$292.5M
Reported officers
25

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

Plus 9 unpaid individuals.

Browse compensation in Health Care →

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.

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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