Tennessee · Ranked 419 of 1033 by CEO pay.

East Tennessee Children's Hospital Association

Matt Schaefer, Board Member/President & CEO. Fiscal year ending 2025-06.

$1.0M

CEO total compensation
Form 990 Part VII, columns D+E+F

1.25%

of expenses spent on charity care
Schedule H Part I line 7a

22.8%

CEO pay as a share of all charity care

Matt Schaefer’s pay of $1,000,831 equals 22.8 percent of the $4,389,872 the system spent on charity care in the same year.

§1The filing

Total revenue: $413,764,965
Total expenses: $351,919,144
Net assets: $535,962,262
Employees: 2,543
Hospitals covered: 1 facilities across 1 filing
Charity care, net: $4,389,872
Bad debt: $2,024,421
Medicare surplus (shortfall), as filed: ($8,471)
CEO pay from the organization (Part VII col. D): $872,869
From related organizations (col. E): $0
Other compensation, including deferred pay and nontaxable benefits (col. F): $127,962
CEO total compensation (D+E+F): $1,000,831 to Matt Schaefer

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, East Tennessee Children's Hospital Association, EIN 62-6002604, 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)$100.3M Of which charity care to patients who could not pay (line 7a)$4.4M (4%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($2.0M) 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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East Tennessee Children's Hospital Association: CEO pay $1.0M, charity care 1.25% of expenses

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East Tennessee Children's Hospital Association reported $1,000,831 in compensation for chief executive Matt Schaefer in the fiscal year ending 2025-06. It spent 1.25% of expenses on charity care, $4,389,872. Source: its own IRS Form 990. https://everythingisbroken.org/reports/hospital-ceo-pay/system/east-tennessee-children-s-hospital-association-inc-62-6002604.html