THOREK MEMORIAL HOSPITAL IS COMMITTED TO PROVIDING APPROPRIATE PATIENT SERVICES IN A CARING & COST-EFFECTIVE MANNER. THOREK MEMORIAL HOSPITAL SEEKS TO SERVE ITS PATIENTS, PHYSICIANS, EMPLOYEES, & COMMUNITY BY PROVIDING QUALITY SERVICES & ENCOURAGING EMPLOYEE EXCELLENCE. THOREK MEMORIAL HOSPITAL WILL SUPPORT EDUCATION AND WILL ACT AS A RESPONSIBLE MEMBER OF OUR COMMUNITY AND THE HEALTHCARE DELIVERY SYSTEM.
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 Illinois.
- Base
- $641k
- Bonus
- $145k
- Other
- —
- Benefits
- $17k
- Base
- $498k
- Bonus
- $124k
- Other
- —
- Benefits
- $18k
- Base
- $510k
- Bonus
- $105k
- Other
- —
- Benefits
- $1k
- Base
- $348k
- Bonus
- $120k
- Other
- —
- Benefits
- $7k
- Base
- $355k
- Bonus
- $89k
- Other
- —
- Benefits
- $18k
- Base
- $310k
- Bonus
- $76k
- Other
- —
- Benefits
- $8k
- Base
- $342k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $270k
- Bonus
- $5k
- Other
- —
- Benefits
- —
- Base
- $240k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $11k
- Bonus
- —
- Other
- —
- Benefits
- —
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Physician Highest Compensated Employee 75th to 90th percentile | $641k | $145k | — | $17k | $803k $889k |
President 75th to 90th percentile | $498k | $124k | — | $18k | $639k $708k |
COO & Corp Svcs. 75th to 90th percentile | $510k | $105k | — | $1k | $617k $683k |
Physician Highest Compensated Employee Median to 75th percentile | $348k | $120k | — | $7k | $475k $526k |
CFO Above 90th percentile | $355k | $89k | — | $18k | $462k $512k |
Chief Nursing Officer Key Employee Median to 75th percentile | $310k | $76k | — | $8k | $394k $436k |
Physician Highest Compensated Employee Median to 75th percentile | $342k | — | — | — | $342k $379k |
Physician Highest Compensated Employee 25th percentile to median | $270k | $5k | — | — | $275k $304k |
Physician Highest Compensated Employee 25th percentile to median | $240k | — | — | — | $240k $265k |
Secretary - Part Year Officer (Unspecified) | — | — | — | — | $30k $33k |
Trustee Board Member 10th to 25th percentile | — | — | — | — | $30k $33k |
Trustee & Medical Staff PR Board Member 10th to 25th percentile | — | — | — | — | $30k $33k |
Trustee Board Member 10th to 25th percentile | — | — | — | — | $30k $33k |
Vice Chair Board Vice Chair 25th percentile to medianvs Health Care peers nationwide | — | — | — | — | $30k $33k |
Treasurer - Former Former Officer/director/trustee Below 10th percentile | $11k | — | — | — | $11k $12k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 1 unpaid individual.
Top pay as a share of expenses
In 2023, the highest total compensation at THOREK MEMORIAL HOSPITAL equaled 0.7% of the organization's total expenses. The median for health care organizations is 4%.
Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 8%
from 2022
From $745k in 2022 to $803k in 2023.
Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Highest Compensated Employee pay rose 8% from 2022 to 2023, while revenue fell 4%.
- Chief Executive Officer pay rose 13% from 2022 to 2023.
- Chief Operating Officer pay rose 11% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about THOREK MEMORIAL HOSPITAL
What does the Highest Compensated Employee of THOREK MEMORIAL HOSPITAL earn?
In 2023, the Highest Compensated Employee of THOREK MEMORIAL HOSPITAL received $802,783 in total compensation. This pay is in the top quarter for Highest Compensated Employee roles among Health Care organizations in Illinois, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Highest Compensated Employee pay at THOREK MEMORIAL HOSPITAL compare with similar nonprofits?
Compared with the same role at Health Care organizations in Illinois, the 2023 pay of the Highest Compensated Employee at THOREK MEMORIAL HOSPITAL falls between the 75th and 90th percentiles. In 2023, the highest total compensation at THOREK MEMORIAL HOSPITAL equaled 0.7% of the organization's total expenses. The median for health care organizations is 4%.
What are THOREK MEMORIAL HOSPITAL's revenue and expenses?
In 2023, THOREK MEMORIAL HOSPITAL reported $136.2M in total revenue and $107.2M in total expenses on its IRS Form 990.
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