Official Seal, Everything Is Broken (2026)

Everything Is Broken

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

Wisconsin · Ranked 547 of 1033 by CEO pay.

Meriter Hospital

James Arnett, Board Member & President /CEO. Fiscal year ending 2024-12.

$707,912
CEO total compensation
Form 990 Part VII, columns D+E+F
0.52%
of expenses spent on charity care
Schedule H Part I line 7a
21.9%
CEO pay as a share of all charity care
James Arnett’s pay of $707,912 equals 21.9 percent of the $3,232,654 the system spent on charity care in the same year.

Most of the reported compensation ($616,026 of $707,912) came from a related organization (Part VII column E) and was reported on this filing.

§1The filing

Total revenue
$643,258,371
Total expenses
$620,056,299
Net assets
$811,977,867
Employees
4,121
Hospitals covered
1 facilities across 1 filing
Charity care, net
$3,232,654
Bad debt
$4,577,637
Medicare surplus (shortfall), as filed
($23,579,194)
CEO pay from the organization (Part VII col. D)
$0
From related organizations (col. E)
$616,026
Other compensation, including deferred pay and nontaxable benefits (col. F)
$91,886
CEO total compensation (D+E+F)
$707,912 to James Arnett

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, Meriter Hospital, EIN 39-0806367, 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)$47.2M Of which charity care to patients who could not pay (line 7a)$3.2M (7%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($4.6M) 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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Meriter Hospital: CEO pay $707,912, charity care 0.52% of expenses