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Filing year 2024

Penobscot Valley Hospital

Lincoln, Maine·EIN 01-0545327·NTEE E20 · Health Care·3
Total revenue
$25.2M
Total assets
$8.7M
Total expenses
$25.6M
Reported officers
19
Mission

To be our community's trusted healthcare partner, committed to the health and well-being of those we serve with compassion, quality, and excellence.

Executive compensation, broken down

Form 990 · Schedule J · 10 reported individuals · Filing year 2024

Ed Physician and Medical Director
highest compensated employee
$691k
$746k
Base
$642k
Bonus
$27k
Other
$1k
Benefits
$21k
Physician
highest compensated employee
$453k
$490k
Base
$434k
Bonus
$8k
Other
$2k
Benefits
$10k
Surgeon
highest compensated employee
$361k
$390k
Base
$330k
Bonus
$6k
Other
$3k
Benefits
$22k
Physician
highest compensated employee
$339k
$367k
Base
$336k
Bonus
Other
$2k
Benefits
$1k
Base
$185k
Bonus
$3k
Other
$1k
Benefits
$31k
$220k
$237k
Base
$182k
Bonus
$10k
Other
$1k
Benefits
$27k
Base
$170k
Bonus
Other
$180
Benefits
$28k
Physician
highest compensated employee
$188k
$203k
Base
$173k
Bonus
$13k
Other
$1k
Benefits
$1k
Cno
officer (unspecified)
$87k
$94k
$695
$751

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast 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 8%
from 2023

From $637k in 2023 to $691k in 2024.

$637k
2023
$691k
2024
In today's dollarsEst.
Up 5% in real terms$711k to $746k

Estimated with BLS CPI-U for the Northeast 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

Penobscot Valley Hospital reported revenue and expenses across 2 filing years.

RevenueExpenses
$23.6M
$25.4M
2023
$25.2M
$25.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Health Care executives earn

Comparable health care organizations nationwide pay their highest-earning executive a median of $163,400.

25th percentile
$60k
Median
$163,400
75th percentile
$408k
90th percentile
$966k

These are health care sector-wide figures, not this organization's reported pay. Based on 3,993 organizations across 3,993 filings (2021 – 2023).

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