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Filing year 2023

Schoolcraft Memorial Hospital

Manistique, Michigan·EIN 74-2517055·NTEE E20 · Health Care·501(c)(3)
Total revenue
$56.2M
Total assets
$49.9M
Total expenses
$56.9M
Reported officers
17
Mission

Schoolcraft Memorial Hospital is committed to providing quality healthcare and wellness for the people of our community.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 16 reported individuals · Filing year 2023

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

Orthopedic Surgeon
Highest Compensated Employee
75th to 90th percentile
$720k
$795k
Base
$705k
Bonus
Other
Benefits
$8k
Er Physician
Highest Compensated Employee
75th to 90th percentile
$597k
$660k
Base
$551k
Bonus
Other
Benefits
$22k
General Surgeon
Highest Compensated Employee
Median to 75th percentile
$571k
$631k
Base
$536k
Bonus
Other
Benefits
$22k
Family Medicine
Highest Compensated Employee
Median to 75th percentile
$541k
$597k
Base
$520k
Bonus
Other
Benefits
$8k
Cardiologist
Highest Compensated Employee
Median to 75th percentile
$540k
$597k
Base
$506k
Bonus
Other
Benefits
$22k
Trustee/otolaryngologist
Board Member
75th to 90th percentile
$497k
$549k
Base
$462k
Bonus
Other
Benefits
$22k
Trustee/family Medicine
Board Member
75th to 90th percentile
$365k
$403k
Base
$351k
Bonus
Other
Benefits
$790
CEO
Median to 75th percentile
$242k
$268k
Base
$210k
Bonus
$4k
Other
Benefits
$18k
CFO (as of Jan 3, 2023)
Median to 75th percentile
$196k
$217k
Base
$186k
Bonus
Other
Benefits
$5k
Interim CFO (thru Jan 2, 2023)
Median to 75th percentile
$137k
$152k
Chair
Board Chair
Below 10th percentilevs Health Care peers nationwide
$2k
$2k
Treasurer
Officer (Unspecified)
$2k
$2k
Secretary
Officer (Unspecified)
$960
$1k
Vice Chair
Board Vice Chair
Below 10th percentilevs Health Care peers nationwide
$960
$1k
Trustee
Board Member
Below 10th percentile
$900
$994
Trustee
Board Member
Below 10th percentile
$690
$762

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 1 unpaid individual.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Schoolcraft Memorial Hospital equaled 1% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2023)
1%
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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Schoolcraft Memorial Hospital

What does the Highest Compensated Employee of Schoolcraft Memorial Hospital earn?

In 2023, the Highest Compensated Employee of Schoolcraft Memorial Hospital received $719,602 in total compensation. This pay is in the top quarter for Highest Compensated Employee roles among Health Care organizations in Michigan, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at Schoolcraft Memorial Hospital compare with similar nonprofits?

Compared with the same role at Health Care organizations in Michigan, the 2023 pay of the Highest Compensated Employee at Schoolcraft Memorial Hospital falls between the 75th and 90th percentiles. In 2023, the highest total compensation at Schoolcraft Memorial Hospital equaled 1% of the organization's total expenses. The median for health care organizations is 4%.

What are Schoolcraft Memorial Hospital's revenue and expenses?

In 2023, Schoolcraft Memorial Hospital reported $56.2M in total revenue and $56.9M in total expenses on its IRS Form 990.

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