Official Seal, Everything Is Broken (2026)

Everything Is Broken

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

Florida · Ranked 412 of 1033 by CEO pay.

Bethesda Hospital

Jared Smith, CEO. Fiscal year ending 2025-09.

$1.0M
CEO total compensation
Form 990 Part VII, columns D+E+F
6.70%
of expenses spent on charity care
Schedule H Part I line 7a
2.0%
CEO pay as a share of all charity care

Most of the reported compensation ($912,254 of $1,011,522) came from a related organization (Part VII column E) and was reported on this filing.

§1The filing

Total revenue
$741,992,150
Total expenses
$764,431,470
Net assets
−$324,257,617
Employees
2,856
Hospitals covered
2 facilities across 1 filing
Charity care, net
$51,243,145
Bad debt
$8,985,753
Medicare surplus (shortfall), as filed
($100,281,163)
CEO pay from the organization (Part VII col. D)
$0
From related organizations (col. E)
$912,254
Other compensation, including deferred pay and nontaxable benefits (col. F)
$99,268
CEO total compensation (D+E+F)
$1,011,522 to Jared Smith

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, Bethesda Hospital, EIN 59-2447554, fiscal year ending 2025-09, 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)$94.6M Of which charity care to patients who could not pay (line 7a)$51.2M (54%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($9.0M) 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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Bethesda Hospital: CEO pay $1.0M, charity care 6.70% of expenses