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Filing year 2023

STURDY MEMORIAL HOSPITAL INC

Attleboro, Massachusetts·EIN 04-2768252·NTEE E220 · Health Care·501(c)(3)
Total revenue
$296.2M
Total assets
$660.6M
Total expenses
$291.3M
Reported officers
32
Mission

THE HOSPITAL'S MISSION IS TO PROVIDE HIGH QUALITY CARE TO THE SICK AND INJURED, ON BOTH AN INPATIENT AND OUTPATIENT BASIS, WITHOUT REGARD TO RACE, CREED, NATIONAL ORIGIN, AGE, GENDER, DISABILITY, OR ABILITY TO PAY. (CONTINUED ON SCHEDULE O). ORGANIZATION'S MISSION (CONTINUED)THE HOSPITAL WORKS TO ENSURE THAT AMPLE, HIGH-QUALITY PRIMARY AND SPECIALTY PHYSICIAN SERVICES ARE ACCESSIBLE TO AREA RESIDENTS. ADDITIONALLY, WE TRY TO AVOID COSTLY DUPLICATION OF HEALTH CARE SERVICES BY COORDINATING WITH OTHER AREA HEALTH CARE PROVIDERS TO THE EXTENT PRACTICABLE. THE HOSPITAL PROVIDES LEADERSHIP WHILE WORKING IN COOPERATION WITH PUBLIC AND PRIVATE HEALTH ORGANIZATIONS, AS WELL AS CIVIC AND BUSINESS ORGANIZATIONS, TO MEET THE HEALTH CARE NEEDS OF OUR COMMUNITIES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 15 reported individuals · Filing year 2023

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

President & CEO
75th to 90th percentile
$1M
$1.1M
Base
$704k
Bonus
$206k
Other
$1k
Benefits
$26k
Physician Director (as of 01/2024)
Board Member
75th to 90th percentile
$991k
$1.1M
Base
$736k
Bonus
$245k
Other
$540
Benefits
$2k
Evp/coo
Officer (Unspecified)
$751k
$839k
Base
$509k
Bonus
$110k
Other
$3k
Benefits
$26k
Physician
Highest Compensated Employee
75th to 90th percentile
$664k
$741k
Base
$511k
Bonus
$108k
Other
$1k
Benefits
$26k
CFO & Treasurer
Above 90th percentile
$653k
$729k
Base
$420k
Bonus
$90k
Other
$94k
Benefits
$25k
Physician Director (thru 12/2023)
Board Member
Median to 75th percentile
$552k
$616k
Base
$462k
Bonus
$15k
Other
$22k
Benefits
$25k
Chief Human Resources Officer
Key Employee
Median to 75th percentile
$514k
$574k
Base
$345k
Bonus
$73k
Other
$5k
Benefits
$685
Vp, Chief Information Officer
Chief Information Officer
75th to 90th percentilevs Health Care peers nationwide
$503k
$562k
Base
$327k
Bonus
$73k
Other
$5k
Benefits
$25k
Physician
Highest Compensated Employee
Median to 75th percentile
$468k
$522k
Base
$374k
Bonus
$42k
Other
$19k
Benefits
$25k
Chief Strategy Officer
Highest Compensated Employee
Median to 75th percentile
$452k
$505k
Base
$308k
Bonus
$66k
Other
$2k
Benefits
$11k
Physician
Highest Compensated Employee
Median to 75th percentile
$420k
$469k
Base
$350k
Bonus
$16k
Other
$17k
Benefits
$25k
SVP of Clinical Ops & Integrity
Senior Vice President
25th percentile to median
$381k
$425k
Base
$257k
Bonus
$55k
Other
$38k
Benefits
$11k
Former Vp/physician
Former Officer/director/trustee
Median to 75th percentile
$301k
$336k
Base
$298k
Bonus
Other
Benefits
SVP for Patient Svcs. & Cno
Senior Vice President
25th percentile to median
$281k
$313k
Base
$219k
Bonus
$27k
Other
$389
Benefits
$25k
Former SVP Patient Srvs/cno
Senior Vice President
25th percentile to median
$195k
$218k
Base
$109k
Bonus
Other
$81k
Benefits
$3k

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 17 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at STURDY MEMORIAL HOSPITAL INC equaled 0.3% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2023)
0.3%
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.

Up 6%
from 2022

From $956k in 2022 to $1M in 2023.

$956k
2022
$1M
2023
In today's dollarsEst.
Up 2% in real terms$1.1M to $1.1M

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

Chief Executive Officer pay rose 6% from 2022 to 2023, while revenue rose 2%.

$956k in 2022 to $1M in 2023.
  • Board Member pay rose 90% from 2022 to 2023.
  • Highest Compensated Employee pay rose 8% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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 STURDY MEMORIAL HOSPITAL INC

What does the Chief Executive Officer of STURDY MEMORIAL HOSPITAL INC earn?

In 2023, the Chief Executive Officer of STURDY MEMORIAL HOSPITAL INC received $1,009,946 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Health Care organizations in Massachusetts, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at STURDY MEMORIAL HOSPITAL INC compare with similar nonprofits?

Compared with the same role at Health Care organizations in Massachusetts, the 2023 pay of the Chief Executive Officer at STURDY MEMORIAL HOSPITAL INC falls between the 75th and 90th percentiles. In 2023, the highest total compensation at STURDY MEMORIAL HOSPITAL INC equaled 0.3% of the organization's total expenses. The median for health care organizations is 4%.

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

In 2023, STURDY MEMORIAL HOSPITAL INC reported $296.2M in total revenue and $291.3M in total expenses on its IRS Form 990.

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