CEO total compensation Form 990 Part VII, columns D+E+F
0.02%
of expenses spent on charity care Schedule H Part I line 7a
4983.8%
CEO pay as a share of all charity care
In the most recent filing year, Kent Loosle’s reported compensation was $392,827. The system’s charity care for the same year was $7,882. One person’s reported compensation was 49.8 times what the system gave to every patient who could not pay.
§1The filing
Total revenue
$32,550,937
Total expenses
$31,885,282
Net assets
$20,373,193
Employees
248
Hospitals covered
1 facilities across 1 filing
Charity care, net
$7,882
Bad debt
$1,253,608
Medicare surplus (shortfall), as filed
$18,582
CEO pay from the organization (Part VII col. D)
$348,363
From related organizations (col. E)
$0
Other compensation, including deferred pay and nontaxable benefits (col. F)
$44,464
CEO total compensation (D+E+F)
$392,827 to Kent Loosle
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)$1.8MOf which charity care to patients who could not pay (line 7a)$7,882 (0%)
The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($1.3M) 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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Caribou Medical Center reported $392,827 in compensation for chief executive Kent Loosle in the fiscal year ending 2024-12. It spent 0.02% of expenses on charity care, $7,882. Source: its own IRS Form 990. https://everythingisbroken.org/reports/hospital-ceo-pay/system/caribou-medical-center-inc-86-3190906.html
