CEO total compensation Form 990 Part VII, columns D+E+F
0.25%
of expenses spent on charity care Schedule H Part I line 7a
162.8%
CEO pay as a share of all charity care
In the most recent filing year, Erik Thorsen’s reported compensation was $906,561. The system’s charity care for the same year was $556,749. One person’s reported compensation was 1.6 times what the system gave to every patient who could not pay.
§1The filing
Total revenue
$257,144,254
Total expenses
$225,913,215
Net assets
$236,664,397
Employees
938
Hospitals covered
3 facilities across 1 filing
Charity care, net
$556,749
Bad debt
$3,910,903
Medicare surplus (shortfall), as filed
$21,711,737
CEO pay from the organization (Part VII col. D)
$849,421
From related organizations (col. E)
$0
Other compensation, including deferred pay and nontaxable benefits (col. F)
$57,140
CEO total compensation (D+E+F)
$906,561 to Erik Thorsen
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)$7.6MOf which charity care to patients who could not pay (line 7a)$556,749 (7%)
The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($3.9M) 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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Columbia Lutheran Charities reported $906,561 in compensation for chief executive Erik Thorsen in the fiscal year ending 2024-12. It spent 0.25% of expenses on charity care, $556,749. Source: its own IRS Form 990. https://everythingisbroken.org/reports/hospital-ceo-pay/system/columbia-lutheran-charities-93-0583856.html
