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Montana Children's Home and Hospital

Craig Aasved, Chief Executive Officer. Fiscal year ending 2025-06.

$415,606

CEO total compensation
Form 990 Part VII, columns D+E+F

2.80%

of expenses spent on charity care
Schedule H Part I line 7a

26.7%

CEO pay as a share of all charity care

Craig Aasved’s pay of $415,606 equals 26.7 percent of the $1,557,761 the system spent on charity care in the same year.

§1The filing

Total revenue: $55,694,047
Total expenses: $55,679,186
Net assets: $57,518,333
Employees: 454
Hospitals covered: 1 facilities across 1 filing
Charity care, net: $1,557,761
Bad debt: $2,375,717
Medicare surplus (shortfall), as filed
CEO pay from the organization (Part VII col. D): $350,754
From related organizations (col. E): $0
Other compensation, including deferred pay and nontaxable benefits (col. F): $64,852
CEO total compensation (D+E+F): $415,606 to Craig Aasved

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, Montana Children's Home and Hospital, EIN 81-0231789, fiscal year ending 2025-06, 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)$5.8M Of which charity care to patients who could not pay (line 7a)$1.6M (27%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($2.4M) 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.

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Montana Children's Home and Hospital: CEO pay $415,606, charity care 2.80% of expenses

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Montana Children's Home and Hospital reported $415,606 in compensation for chief executive Craig Aasved in the fiscal year ending 2025-06. It spent 2.80% of expenses on charity care, $1,557,761. Source: its own IRS Form 990. https://everythingisbroken.org/reports/hospital-ceo-pay/system/montana-children-s-home-and-hospital-81-0231789.html