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 · Part VII & Schedule J · 9 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Health Care organizations in Kentucky.
- Base
- $200k
- Bonus
- $459k
- Other
- —
- Benefits
- —
- Base
- $372k
- Bonus
- —
- Other
- —
- Benefits
- $6k
- Base
- $164k
- Bonus
- —
- Other
- —
- Benefits
- $6k
- Base
- $155k
- Bonus
- —
- Other
- —
- Benefits
- $6k
- Base
- $155k
- Bonus
- —
- Other
- —
- Benefits
- $6k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Board Member/ Physician Board Member Above 90th percentile | $200k | $459k | — | — | $659k $719k |
Physician Highest Compensated Employee Median to 75th percentile | $372k | — | — | $6k | $383k $419k |
Exec Director/ceo Director (Operational) Median to 75th percentilevs Health Care peers nationwide | $164k | — | — | $6k | $164k $179k |
Director of Pharmacy Highest Compensated Employee 10th to 25th percentile | $155k | — | — | $6k | $155k $169k |
Nurse Practitioner Highest Compensated Employee 10th to 25th percentile | $155k | — | — | $6k | $155k $169k |
Chief Financial Officer Median to 75th percentile | — | — | — | — | $139k $152k |
Cardiopulmonary Director Highest Compensated Employee Below 10th percentile | — | — | — | — | $112k $122k |
Physical Therapist Highest Compensated Employee Below 10th percentile | — | — | — | — | $112k $122k |
Chief Financial Officer 25th percentile to median | — | — | — | — | $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.
Top pay as a share of expenses
In 2023, the highest total compensation at MONROE MEDICAL FOUNDATION INC equaled 3% of the organization's total expenses. The median for health care organizations is 4%.
Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.
Down 8%
from 2022
From $713k in 2022 to $659k in 2023.
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.
Board Member pay fell 8% from 2022 to 2023, while revenue held roughly steady.
- Highest Compensated Employee pay fell 1% from 2022 to 2023.
- Director (Operational) pay rose 3% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about MONROE MEDICAL FOUNDATION INC
What does the Board Member of MONROE MEDICAL FOUNDATION INC earn?
In 2023, the Board Member of MONROE MEDICAL FOUNDATION INC received $658,694 in total compensation. This pay is in the top 10% for Board Member roles among Health Care organizations in Kentucky: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Board Member pay at MONROE MEDICAL FOUNDATION INC compare with similar nonprofits?
Compared with the same role at Health Care organizations in Kentucky, the 2023 pay of the Board Member at MONROE MEDICAL FOUNDATION INC falls in the top 10%. In 2023, the highest total compensation at MONROE MEDICAL FOUNDATION INC equaled 3% of the organization's total expenses. The median for health care organizations is 4%.
What are MONROE MEDICAL FOUNDATION INC's revenue and expenses?
In 2023, MONROE MEDICAL FOUNDATION INC reported $20.9M in total revenue and $22.7M in total expenses on its IRS Form 990.
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