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Filing year 2023

THE WESTERLY HOSPITAL FOUNDATION INC

Westerly, Rhode Island·EIN 05-0508064·NTEE E11 · Health Care·501(c)(3)
Total revenue
$1.8M
Total assets
$11.5M
Total expenses
$380k
Reported officers
24
Mission

THE FOUNDATION WAS ORGANIZED TO SUPPORT LMW HEALTHCARE INC. AND TO PROMOTE THE CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES OF THE HOSPITAL THROUGH MANAGEMENT OF PHILANTHROPIC ACTIVITIES AND SUPPORT FOR LMW HEALTHCARE INC.

Executive compensation

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2023

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

President/ceo
Median to 75th percentilevs Health Care peers in Rhode Island
$285k
$318k
Treasurer
25th percentile to median
$50k
$56k
Vice President
10th to 25th percentile
$31k
$34k
Former Officer
Former Officer/director/trustee
Below 10th percentile
$3k
$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 20 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 WESTERLY HOSPITAL FOUNDATION INC equaled 75% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2023)
75%
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.

Down 24%
from 2022

From $372k in 2022 to $285k in 2023.

$372k
2022
$285k
2023
In today's dollarsEst.
Down 26% in real terms$430k to $318k

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 fell 24% from 2022 to 2023, while revenue rose 80%.

$372k in 2022 to $285k in 2023.
  • Chief Financial Officer pay rose 48% from 2022 to 2023.
  • Vice President pay rose 12% 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 THE WESTERLY HOSPITAL FOUNDATION INC

What does the Chief Executive Officer of THE WESTERLY HOSPITAL FOUNDATION INC earn?

In 2023, the Chief Executive Officer of THE WESTERLY HOSPITAL FOUNDATION INC received $284,504 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Health Care organizations in Rhode Island, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE WESTERLY HOSPITAL FOUNDATION INC compare with similar nonprofits?

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

What are THE WESTERLY HOSPITAL FOUNDATION INC's revenue and expenses?

In 2023, THE WESTERLY HOSPITAL FOUNDATION INC reported $1.8M in total revenue and $380k in total expenses on its IRS Form 990.

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