Official Seal, Everything Is Broken (2026)

Everything Is Broken

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

Georgia · Alabama · Ranked 181 of 1033 by CEO pay.

Floyd Healthcare Management

Kurt Stuenkel, Dir, Pres/Sec/CEO. Fiscal year ending 2024-12.

$2.1M
CEO total compensation
Form 990 Part VII, columns D+E+F
3.86%
of expenses spent on charity care
Schedule H Part I line 7a
7.3%
CEO pay as a share of all charity care

Most of the reported compensation ($2,012,980 of $2,070,494) came from a related organization (Part VII column E) and was reported on this filing.

§1The filing

Total revenue
$772,081,569
Total expenses
$737,333,956
Net assets
$503,145,332
Employees
4,009
Hospitals covered
2 facilities across 1 filing
Charity care, net
$28,479,136
Bad debt
$21,407,579
Medicare surplus (shortfall), as filed
($88,690,400)
CEO pay from the organization (Part VII col. D)
$0
From related organizations (col. E)
$2,012,980
Other compensation, including deferred pay and nontaxable benefits (col. F)
$57,514
CEO total compensation (D+E+F)
$2,070,494 to Kurt Stuenkel

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, Floyd Healthcare Management, EIN 58-1973570, fiscal year ending 2024-12, 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)$40.9M Of which charity care to patients who could not pay (line 7a)$28.5M (70%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($21.4M) 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.

§Share

Floyd Healthcare Management: CEO pay $2.1M, charity care 3.86% of expenses