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Filing year 2024

Penobscot Valley Hospital

Lincoln, Maine·EIN 01-0545327·NTEE E20 · Health Care·501(c)(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 · Part VII & Schedule J · 10 reported individuals · Filing year 2024

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

Ed Physician and Medical Director
Highest Compensated Employee
75th to 90th percentile
$691k
$746k
Base
$642k
Bonus
$27k
Other
$1k
Benefits
$21k
Physician
Highest Compensated Employee
75th to 90th percentile
$453k
$490k
Base
$434k
Bonus
$8k
Other
$2k
Benefits
$10k
Surgeon
Highest Compensated Employee
Median to 75th percentile
$361k
$390k
Base
$330k
Bonus
$6k
Other
$3k
Benefits
$22k
Physician
Highest Compensated Employee
Median to 75th percentile
$339k
$367k
Base
$336k
Bonus
Other
$2k
Benefits
$1k
CEO
Median to 75th percentile
$220k
$238k
Base
$185k
Bonus
$3k
Other
$1k
Benefits
$31k
Past CEO
Median to 75th percentile
$220k
$237k
Base
$182k
Bonus
$10k
Other
$1k
Benefits
$27k
CFO
75th to 90th percentile
$198k
$214k
Base
$170k
Bonus
Other
$180
Benefits
$28k
Physician
Highest Compensated Employee
25th percentile to median
$188k
$203k
Base
$173k
Bonus
$13k
Other
$1k
Benefits
$1k
Cno
Officer (Unspecified)
$87k
$94k
Past COO
Below 10th percentilevs Health Care peers nationwide
$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

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at Penobscot Valley Hospital equaled 3% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2024)
3%
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.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

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.

Pay for the position

Highest Compensated Employee pay rose 8% from 2023 to 2024, while revenue rose 7%.

$637k in 2023 to $691k in 2024.
  • Chief Executive Officer pay fell 15% from 2023 to 2024.
  • Chief Financial Officer pay rose 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 Penobscot Valley Hospital

What does the Highest Compensated Employee of Penobscot Valley Hospital earn?

In 2024, the Highest Compensated Employee of Penobscot Valley Hospital received $690,567 in total compensation. This pay is in the top quarter for Highest Compensated Employee roles among Health Care organizations in Maine, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at Penobscot Valley Hospital compare with similar nonprofits?

Compared with the same role at Health Care organizations in Maine, the 2024 pay of the Highest Compensated Employee at Penobscot Valley Hospital falls between the 75th and 90th percentiles. In 2024, the highest total compensation at Penobscot Valley Hospital equaled 3% of the organization's total expenses. The median for health care organizations is 4%.

What are Penobscot Valley Hospital's revenue and expenses?

In 2024, Penobscot Valley Hospital reported $25.2M in total revenue and $25.6M in total expenses on its IRS Form 990.

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