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Filing year 2023

THE WESTERLY HOSPITAL FOUNDATION INC

Westerly, Rhode Island·EIN 05-0508064·NTEE E11 · Health Care·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 · Schedule J · 4 reported individuals · Filing year 2023

$285k
$318k
$50k
$56k
Vice President
vice president
$31k
$34k
Former Officer
former officer/director/trustee
$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

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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

THE WESTERLY HOSPITAL FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$1M
$320k
2022
$1.8M
$380k
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Health Care executives earn

Comparable health care organizations nationwide pay their highest-earning executive a median of $163,400.

25th percentile
$60k
Median
$163,400
75th percentile
$408k
90th percentile
$966k

These are health care sector-wide figures, not this organization's reported pay. Based on 3,993 organizations across 3,993 filings (2021 – 2023).

See full Health Care compensation data
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