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Filing year 2023

THE MEMORIAL HEALTH SYSTEM FOUNDATION

Colorado Springs, Colorado·EIN 84-1576338·NTEE E112 · Health Care·501(c)(3)
Total revenue
$1.7M
Total assets
$4.7M
Total expenses
$1.4M
Reported officers
15
Mission

SEE SCHEDULE OTHE MISSION OF MEMORIAL HEALTH SYSTEM FOUNDATION IS TO PROVIDE PHILANTHROPIC RESOURCES TO ASSIST MEMORIAL HEALTH SYSTEM TO PROVIDE THE HIGHEST QUALITY HEALTH CARE. PHILANTHROPIC SUPPORT IS BEING SOUGHT FOR CAPITAL, ENDOWMENT AND PROGRAMMATIC PURPOSES, INCLUDING CANCER, CARDIOLOGY, AND WOMEN'S PROGRAMS AND SERVICES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

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

Executive Director
Median to 75th percentile
$192k
$210k
Base
$143k
Bonus
$13k
Other
Benefits
$31k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 14 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at THE MEMORIAL HEALTH SYSTEM FOUNDATION equaled 13% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2023)
13%
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 5%
from 2022

From $183k in 2022 to $192k in 2023.

$183k
2022
$192k
2023
In today's dollarsEst.
Roughly flat in real terms$209k to $210k

Estimated with BLS CPI-U for the West 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 5% from 2022 to 2023, while revenue fell 2%.

$183k in 2022 to $192k in 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 THE MEMORIAL HEALTH SYSTEM FOUNDATION

What does the Chief Executive Officer of THE MEMORIAL HEALTH SYSTEM FOUNDATION earn?

In 2023, the Chief Executive Officer of THE MEMORIAL HEALTH SYSTEM FOUNDATION received $191,888 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Health Care organizations in Colorado, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE MEMORIAL HEALTH SYSTEM FOUNDATION compare with similar nonprofits?

Compared with the same role at Health Care organizations in Colorado, the 2023 pay of the Chief Executive Officer at THE MEMORIAL HEALTH SYSTEM FOUNDATION falls between the median and the 75th percentile. In 2023, the highest total compensation at THE MEMORIAL HEALTH SYSTEM FOUNDATION equaled 13% of the organization's total expenses. The median for health care organizations is 4%.

What are THE MEMORIAL HEALTH SYSTEM FOUNDATION's revenue and expenses?

In 2023, THE MEMORIAL HEALTH SYSTEM FOUNDATION reported $1.7M in total revenue and $1.4M in total expenses on its IRS Form 990.

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