CEO total compensation Form 990 Part VII, columns D+E+F
0.26%
of expenses spent on charity care Schedule H Part I line 7a
917.2%
CEO pay as a share of all charity care
In the most recent filing year, Jason Paret’s reported compensation was $440,627. The system’s charity care for the same year was $48,042. One person’s reported compensation was 9.2 times what the system gave to every patient who could not pay.
§1The filing
Total revenue
$20,591,323
Total expenses
$18,788,438
Net assets
$10,332,195
Employees
141
Hospitals covered
1 facilities across 1 filing
Charity care, net
$48,042
Bad debt
$326,861
Medicare surplus (shortfall), as filed
($159,802)
CEO pay from the organization (Part VII col. D)
$427,880
From related organizations (col. E)
$0
Other compensation, including deferred pay and nontaxable benefits (col. F)
$12,747
CEO total compensation (D+E+F)
$440,627 to Jason Paret
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.
What the system reported as total community benefit (Schedule H line 7k)$1.2MOf which charity care to patients who could not pay (line 7a)$48,042 (4%)
The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($326,861) 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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Avalon Medical Development reported $440,627 in compensation for chief executive Jason Paret in the fiscal year ending 2025-06. It spent 0.26% of expenses on charity care, $48,042. Source: its own IRS Form 990. https://everythingisbroken.org/reports/hospital-ceo-pay/system/avalon-medical-development-corporation-33-0222508.html
