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Filing year 2024

MONTROSE MEMORIAL HOSPITAL INC

Montrose, Colorado·EIN 84-6002707·NTEE E20 · Health Care·3
Total revenue
$197.4M
Total assets
$212.6M
Total expenses
$198.8M
Reported officers
16
Mission

IT IS THE MISSION OF MONTROSE MEMORIAL HOSPITAL TO PROVIDE HEALTHCARE SERVICES TO OUR COMMUNITIES WITH EXCELLENT SERVICE, COMPASSION AND FISCAL RESPONSIBILITY.

Executive compensation, broken down

Form 990 · Schedule J · 7 reported individuals · Filing year 2024

Physician
highest compensated employee
$1M
$1.1M
Base
$874k
Bonus
$71k
Other
$14k
Benefits
$65k
Physician
highest compensated employee
$687k
$731k
Base
$588k
Bonus
$11k
Other
$13k
Benefits
$61k
Chief Medical Officer
highest compensated employee
$515k
$549k
Base
$353k
Bonus
$102k
Other
$560
Benefits
$54k
Physician
highest compensated employee
$470k
$501k
Base
$460k
Bonus
$9k
Other
$625
Benefits
$378
Physician
highest compensated employee
$439k
$467k
Base
$409k
Bonus
$13k
Other
Benefits
$18k
Base
$250k
Bonus
$110k
Other
Benefits
$23k
Director
officer (unspecified)
$30k
$32k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West 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

Up 49%
from 2023

From $691k in 2023 to $1M in 2024.

$691k
2023
$1M
2024
In today's dollarsEst.
Up 45% in real terms$756k to $1.1M

Estimated with BLS CPI-U for the West 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

MONTROSE MEMORIAL HOSPITAL INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$174.8M
$161.9M
2023
$197.4M
$198.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Health Care executives earn in Colorado

Comparable health care organizations in Colorado pay their highest-earning executive a median of $162,298.

25th percentile
$64k
Median
$162,298
75th percentile
$368k
90th percentile
$875k

These are health care sector-wide figures, not this organization's reported pay. Based on 70 organizations across 70 filings (2022 – 2023).

See full Health Care pay data for Colorado
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