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Filing year 2024

MONTROSE MEMORIAL HOSPITAL INC

Montrose, Colorado·EIN 84-6002707·NTEE E20 · Health Care·501(c)(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 · Part VII & Schedule J · 7 reported individuals · Filing year 2024

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

Physician
Highest Compensated Employee
75th to 90th percentile
$1M
$1.1M
Base
$874k
Bonus
$71k
Other
$14k
Benefits
$65k
Physician
Highest Compensated Employee
75th to 90th percentile
$687k
$731k
Base
$588k
Bonus
$11k
Other
$13k
Benefits
$61k
Chief Medical Officer
Highest Compensated Employee
75th to 90th percentile
$515k
$549k
Base
$353k
Bonus
$102k
Other
$560
Benefits
$54k
Physician
Highest Compensated Employee
Median to 75th percentile
$470k
$501k
Base
$460k
Bonus
$9k
Other
$625
Benefits
$378
Physician
Highest Compensated Employee
Median to 75th percentile
$439k
$467k
Base
$409k
Bonus
$13k
Other
Benefits
$18k
CFO
75th to 90th percentile
$383k
$408k
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

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at MONTROSE MEMORIAL HOSPITAL INC equaled 0.5% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2024)
0.5%
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.

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.

Pay for the position

Highest Compensated Employee pay rose 49% from 2023 to 2024, while revenue rose 13%.

$691k in 2023 to $1M in 2024.
  • Chief Financial Officer pay fell 1% 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 MONTROSE MEMORIAL HOSPITAL INC

What does the Highest Compensated Employee of MONTROSE MEMORIAL HOSPITAL INC earn?

In 2024, the Highest Compensated Employee of MONTROSE MEMORIAL HOSPITAL INC received $1,030,643 in total compensation. This pay is in the top quarter for Highest Compensated Employee roles among Health Care organizations in Colorado, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at MONTROSE MEMORIAL HOSPITAL INC compare with similar nonprofits?

Compared with the same role at Health Care organizations in Colorado, the 2024 pay of the Highest Compensated Employee at MONTROSE MEMORIAL HOSPITAL INC falls between the 75th and 90th percentiles. In 2024, the highest total compensation at MONTROSE MEMORIAL HOSPITAL INC equaled 0.5% of the organization's total expenses. The median for health care organizations is 4%.

What are MONTROSE MEMORIAL HOSPITAL INC's revenue and expenses?

In 2024, MONTROSE MEMORIAL HOSPITAL INC reported $197.4M in total revenue and $198.8M in total expenses on its IRS Form 990.

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