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Filing year 2024

SOUTH BEND MEDICAL FOUNDATION

South Bend, Indiana·EIN 35-0868178·NTEE E600 · Health Care·501(c)(3)
Total revenue
$21.4M
Total assets
$45.3M
Total expenses
$22.7M
Reported officers
18
Mission

MISSION - TO PROVIDE HIGH-QUALITY PATHOLOGY AND BLOOD SERVICES TO THOSE WE SERVE, KEEPING IN MIND THERE IS A LIFE BEHIND EVERYTHING WE DO.VISION - A COMMITMENT TO BECOMING A NATIONALLY RECOGNIZED NOT-FOR-PROFIT ORGANIZATION THROUGH INVESTMENT IN QUALITY, TECHNOLOGY, COMMUNITY AND OUR PEOPLE.VALUES - RESPECT: VALUE AND RESPECT OTHERS, THEIR PERSPECTIVE AND EMBRACE OUR DIFFERENCES. INNOVATION: LEAN INTO CHANGE, RECOGNIZING HEALTHCARE IS EVERCHANGING; CREATIVITY IS KEY. STEWARDSHIP: BE SOCIALLY AND FISCALLY RESPONSIBLE IN ALL WE DO. EXCELLENCE: PROVIDE ACCURATE, TIMELY SERVICE AND COMMUNICATION TO OUR CLIENTS, COMMUNITY AND ONE ANOTHER.

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 Indiana.

President/ceo
75th to 90th percentile
$415k
$446k
Base
$316k
Bonus
$35k
Other
$600
Benefits
$45k
Pathologist
Highest Compensated Employee
Median to 75th percentile
$390k
$419k
Base
$320k
Bonus
$23k
Other
$1k
Benefits
$45k
Cmo/secretary
Officer (Unspecified)
$388k
$417k
Base
$311k
Bonus
$17k
Other
$4k
Benefits
$25k
Pathologist
Highest Compensated Employee
Median to 75th percentile
$366k
$394k
Base
$292k
Bonus
$37k
Other
$600
Benefits
$13k
Pathologist
Highest Compensated Employee
Median to 75th percentile
$361k
$389k
Base
$286k
Bonus
$30k
Other
$4k
Benefits
$12k
Pathologist
Highest Compensated Employee
Median to 75th percentile
$344k
$370k
Base
$296k
Bonus
$13k
Other
$4k
Benefits
$30k
Pathologist
Highest Compensated Employee
Median to 75th percentile
$322k
$346k
Base
$286k
Bonus
$8k
Other
$1k
Benefits
$26k
Board Member
75th to 90th percentile
$301k
$323k
Base
$249k
Bonus
$22k
Other
$540
Benefits
$30k
CFO (termed 4/2025)
75th to 90th percentile
$267k
$287k
Base
$216k
Bonus
$51
Other
$4k
Benefits
$14k
COO
Median to 75th percentilevs Health Care peers nationwide
$188k
$203k
Base
$150k
Bonus
$54
Other
$8k
Benefits
$30k

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 8 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at SOUTH BEND MEDICAL FOUNDATION equaled 2% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2024)
2%
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 14%
from 2023

From $364k in 2023 to $415k in 2024.

$364k
2023
$415k
2024
In today's dollarsEst.
Up 11% in real terms$403k to $446k

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.

Pay for the position

Chief Executive Officer pay rose 15% from 2023 to 2024, while revenue rose 16%.

$359k in 2023 to $415k in 2024.
  • Highest Compensated Employee pay rose 7% from 2023 to 2024.
  • Board Member pay rose 12% 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 SOUTH BEND MEDICAL FOUNDATION

What does the Chief Executive Officer of SOUTH BEND MEDICAL FOUNDATION earn?

In 2024, the Chief Executive Officer of SOUTH BEND MEDICAL FOUNDATION received $414,592 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Health Care organizations in Indiana, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at SOUTH BEND MEDICAL FOUNDATION compare with similar nonprofits?

Compared with the same role at Health Care organizations in Indiana, the 2024 pay of the Chief Executive Officer at SOUTH BEND MEDICAL FOUNDATION falls between the 75th and 90th percentiles. In 2024, the highest total compensation at SOUTH BEND MEDICAL FOUNDATION equaled 2% of the organization's total expenses. The median for health care organizations is 4%.

What are SOUTH BEND MEDICAL FOUNDATION's revenue and expenses?

In 2024, SOUTH BEND MEDICAL FOUNDATION reported $21.4M in total revenue and $22.7M in total expenses on its IRS Form 990.

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