Official Seal, Everything Is Broken (2026)

Everything Is Broken

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

Minnesota · Ranked 744 of 1033 by CEO pay.

Glencoe Regional Health Services

Benjamin Davis, President And CEO. Fiscal year ending 2025-12.

$427,483
CEO total compensation
Form 990 Part VII, columns D+E+F
1.07%
of expenses spent on charity care
Schedule H Part I line 7a
41.6%
CEO pay as a share of all charity care
Benjamin Davis’s pay of $427,483 equals 41.6 percent of the $1,026,838 the system spent on charity care in the same year.

§1The filing

Total revenue
$100,674,254
Total expenses
$95,848,797
Net assets
$109,320,278
Employees
824
Hospitals covered
1 facilities across 1 filing
Charity care, net
$1,026,838
Bad debt
$2,176,450
Medicare surplus (shortfall), as filed
($308,595)
CEO pay from the organization (Part VII col. D)
$372,209
From related organizations (col. E)
$0
Other compensation, including deferred pay and nontaxable benefits (col. F)
$55,274
CEO total compensation (D+E+F)
$427,483 to Benjamin Davis

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, Glencoe Regional Health Services, EIN 41-1949230, fiscal year ending 2025-12, 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)$5.1M Of which charity care to patients who could not pay (line 7a)$1.0M (20%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($2.2M) 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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Glencoe Regional Health Services: CEO pay $427,483, charity care 1.07% of expenses