CEO total compensation Form 990 Part VII, columns D+E+F
0.13%
of expenses spent on charity care Schedule H Part I line 7a
456.7%
CEO pay as a share of all charity care
In the most recent filing year, Peter Edis’s reported compensation was $342,507. The system’s charity care for the same year was $75,000. One person’s reported compensation was 4.6 times what the system gave to every patient who could not pay.
§1The filing
Total revenue
$65,053,793
Total expenses
$58,033,166
Net assets
$42,308,872
Employees
0
Hospitals covered
1 facilities across 1 filing
Charity care, net
$75,000
Bad debt
$5,270,673
Medicare surplus (shortfall), as filed
($69,030)
CEO pay from the organization (Part VII col. D)
$301,617
From related organizations (col. E)
$0
Other compensation, including deferred pay and nontaxable benefits (col. F)
$40,890
CEO total compensation (D+E+F)
$342,507 to Peter Edis
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)$12.8MOf which charity care to patients who could not pay (line 7a)$75,000 (1%)
The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($5.3M) 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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Mckenzie County Healthcare Systems reported $342,507 in compensation for chief executive Peter Edis in the fiscal year ending 2024-06. It spent 0.13% of expenses on charity care, $75,000. Source: its own IRS Form 990. https://everythingisbroken.org/reports/hospital-ceo-pay/system/mckenzie-county-healthcare-systems-inc-77-0637498.html
