Official Seal, Everything Is Broken (2026)

Everything Is Broken

Report No. 1 · Nonprofit Hospital Executive Pay vs Charity Care · Annual Report, 2026 edition

New Mexico · Ranked 659 of 1033 by CEO pay.

Artesia General Hospital

Joe Salgado, CEO. Fiscal year ending 2025-06.

$520,889
CEO total compensation
Form 990 Part VII, columns D+E+F
0.32%
of expenses spent on charity care
Schedule H Part I line 7a
195.8%
CEO pay as a share of all charity care
In the most recent filing year, Joe Salgado’s reported compensation was $520,889. The system’s charity care for the same year was $266,006. One person’s reported compensation was 2.0 times what the system gave to every patient who could not pay.

§1The filing

Total revenue
$102,500,781
Total expenses
$83,839,000
Net assets
$77,047,299
Employees
565
Hospitals covered
1 facilities across 1 filing
Charity care, net
$266,006
Bad debt
$11,623,166
Medicare surplus (shortfall), as filed
($4,322,730)
CEO pay from the organization (Part VII col. D)
$459,102
From related organizations (col. E)
$0
Other compensation, including deferred pay and nontaxable benefits (col. F)
$61,787
CEO total compensation (D+E+F)
$520,889 to Joe Salgado

Medicare surplus (shortfall) is Schedule H Part III line 7: Medicare revenue minus the cost of Medicare care. A figure in parentheses is a shortfall. Like bad debt, it is not community benefit on the IRS form.

Source: Form 990, Artesia General Hospital, EIN 74-2851819, fiscal year ending 2025-06, as published by the IRS. CEO identification: ceo title.

§2Community benefit versus charity care

What the system reported as total community benefit (Schedule H line 7k)$3.7M Of which charity care to patients who could not pay (line 7a)$266,006 (7%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($11.6M) and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.

Every number on this page was copied from the filing linked above. If a figure is wrong, send the filing that contradicts it and the correction runs at the top of this page.

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Artesia General Hospital: CEO pay $520,889, charity care 0.32% of expenses