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Filing year 2023

MONROE MEDICAL FOUNDATION INC

Tompkinsville, Kentucky·EIN 31-0949874·NTEE E22Z · Health Care·3
Total revenue
$20.9M
Total assets
$30.1M
Total expenses
$22.7M
Reported officers
17
Mission

ACUTE CARE HOSPITAL - The mission of the Monroe Medical Foundation, Inc. is to be a rural healthcare organization who values compassion, respect and confidentiality, and provides quality, safe, primary and specialty services for the citizens of Monroe County and surrounding area through detection, prevention and treatment of illness. We achieve this by operating a 49 bed acute care hospital, ambulance service, county 911 service, 3 employed physicians and an adult daycare service.

Executive compensation, broken down

Form 990 · Schedule J · 9 reported individuals · Filing year 2023

Board Member/ Physician
board member
$659k
$719k
Base
$200k
Bonus
$459k
Other
Benefits
Physician
highest compensated employee
$383k
$419k
Base
$372k
Bonus
Other
Benefits
$6k
Exec Director/ceo
director (operational)
$164k
$179k
Base
$164k
Bonus
Other
Benefits
$6k
Director of Pharmacy
highest compensated employee
$155k
$169k
Base
$155k
Bonus
Other
Benefits
$6k
Nurse Practitioner
highest compensated employee
$155k
$169k
Base
$155k
Bonus
Other
Benefits
$6k
Chief Financial Officer
$139k
$152k
Cardiopulmonary Director
highest compensated employee
$112k
$122k
Physical Therapist
highest compensated employee
$112k
$122k
Chief Financial Officer
$42k
$46k

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 8 unpaid individuals.

Browse compensation in Health Care

Down 8%
from 2022

From $713k in 2022 to $659k in 2023.

$713k
2022
$659k
2023
In today's dollarsEst.
Down 12% in real terms$814k to $719k

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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

MONROE MEDICAL FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$20.9M
$21.8M
2022
$20.9M
$22.7M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Health Care executives earn in Kentucky

Comparable health care organizations in Kentucky pay their highest-earning executive a median of $102,287.

25th percentile
$46k
Median
$102,287
75th percentile
$467k
90th percentile
$1.4M

These are health care sector-wide figures, not this organization's reported pay. Based on 67 organizations across 67 filings (2022 – 2023).

See full Health Care pay data for Kentucky
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