Official Seal, Everything Is Broken (2026)

Everything Is Broken

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

Texas · Not ranked: see note below.

Memorial Health System of East Texas

Monte Bostwick, Market President. Fiscal year ending 2025-06.

$1.1M
CEO total compensation
Form 990 Part VII, columns D+E+F
2.96%
of expenses spent on charity care
Schedule H Part I line 7a
13.6%
CEO pay as a share of all charity care

Not in the ranking because the chief executive could not be identified from the filing with confidence. The figures below are shown as filed.

§1The filing

Total revenue
$269,104,034
Total expenses
$262,245,887
Net assets
$7,723,534
Employees
1,423
Hospitals covered
3 facilities across 3 filings
Charity care, net
$7,750,325
Bad debt
$33,665,334
Medicare surplus (shortfall), as filed
($3,719,475)
CEO pay from the organization (Part VII col. D)
$502,727
From related organizations (col. E)
$472,874
Other compensation, including deferred pay and nontaxable benefits (col. F)
$75,491
CEO total compensation (D+E+F)
$1,051,092 to Monte Bostwick

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, Memorial Health System of East Texas, EIN 75-0755367, fiscal year ending 2025-06, as published by the IRS. CEO identification: president title multiple.

§2Community benefit versus charity care

What the system reported as total community benefit (Schedule H line 7k)$8.9M Of which charity care to patients who could not pay (line 7a)$7.8M (87%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($33.7M) and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.

§3Filings in this system

Filing entityEINFY endRevenueCharity care% of expensesFiling
Memorial Health System of East Texas75-07553672025-06$192.0M$4.8M2.40%990
Memorial Medical Center - Livingston76-04364392025-06$62.7M$2.4M4.54%990
Memorial Medical Center - San Augustine75-26639042025-06$14.4M$509,5296.09%990

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

Memorial Health System of East Texas: CEO pay $1.1M, charity care 2.96% of expenses