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Filing year 2024

Memorial Hospital Association

Carthage, Illinois·EIN 37-0684691·NTEE E22 · Health Care·501(c)(3)
Total revenue
$54.5M
Total assets
$49.5M
Total expenses
$54.3M
Reported officers
25
Mission

Memorial Hospital is committed to improving health by providing education and wellness programs and innovative services at all the stages of life.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2024

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

Surgeon
Highest Compensated Employee
75th to 90th percentile
$630k
$678k
Base
$568k
Bonus
$4k
Other
$1k
Benefits
$50k
Surgeon
Highest Compensated Employee
Median to 75th percentile
$574k
$617k
Base
$519k
Bonus
Other
$1k
Benefits
$47k
Director
Board Member
75th to 90th percentile
$553k
$595k
Base
$507k
Bonus
$12k
Other
$2k
Benefits
$25k
Ob/gyn
Highest Compensated Employee
Median to 75th percentile
$452k
$486k
Base
$404k
Bonus
Other
$774
Benefits
$41k
Pediatrician
Highest Compensated Employee
Median to 75th percentile
$417k
$448k
Base
$358k
Bonus
Other
$1k
Benefits
$50k
Ob/gyn
Highest Compensated Employee
Median to 75th percentile
$407k
$438k
Base
$359k
Bonus
Other
$774
Benefits
$41k
CEO
Median to 75th percentile
$318k
$342k
Base
$266k
Bonus
$20k
Other
$1k
Benefits
$26k
CFO
Median to 75th percentile
$234k
$252k
Base
$188k
Bonus
Other
$774
Benefits
$42k

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 17 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at Memorial Hospital Association equaled 1% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2024)
1%
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.

Up 6%
from 2023

From $596k in 2023 to $630k in 2024.

$596k
2023
$630k
2024
In today's dollarsEst.
Up 3% in real terms$659k to $678k

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

Highest Compensated Employee pay rose 6% from 2023 to 2024, while revenue rose 8%.

$596k in 2023 to $630k in 2024.
  • Board Member pay rose 10% from 2023 to 2024.
  • Chief Executive Officer pay rose 6% 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 Hospital Association

What does the Highest Compensated Employee of Memorial Hospital Association earn?

In 2024, the Highest Compensated Employee of Memorial Hospital Association received $630,094 in total compensation. This pay is in the top quarter for Highest Compensated Employee roles among Health Care organizations in Illinois, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at Memorial Hospital Association compare with similar nonprofits?

Compared with the same role at Health Care organizations in Illinois, the 2024 pay of the Highest Compensated Employee at Memorial Hospital Association falls between the 75th and 90th percentiles. In 2024, the highest total compensation at Memorial Hospital Association equaled 1% of the organization's total expenses. The median for health care organizations is 4%.

What are Memorial Hospital Association's revenue and expenses?

In 2024, Memorial Hospital Association reported $54.5M in total revenue and $54.3M in total expenses on its IRS Form 990.

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