CEO total compensation Form 990 Part VII, columns D+E+F
0.87%
of expenses spent on charity care Schedule H Part I line 7a
217.9%
CEO pay as a share of all charity care
In the most recent filing year, Tom Vasko’s reported compensation was $327,175. The system’s charity care for the same year was $150,159. One person’s reported compensation was 2.2 times what the system gave to every patient who could not pay.
§1The filing
Total revenue
$18,136,289
Total expenses
$17,279,770
Net assets
$2,371,851
Employees
169
Hospitals covered
1 facilities across 1 filing
Charity care, net
$150,159
Bad debt
$201,379
Medicare surplus (shortfall), as filed
($109,448)
CEO pay from the organization (Part VII col. D)
$316,290
From related organizations (col. E)
$0
Other compensation, including deferred pay and nontaxable benefits (col. F)
$10,885
CEO total compensation (D+E+F)
$327,175 to Tom Vasko
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)$225,332Of which charity care to patients who could not pay (line 7a)$150,159 (67%)
The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($201,379) 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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Newman Memorial Hospital reported $327,175 in compensation for chief executive Tom Vasko in the fiscal year ending 2024-12. It spent 0.87% of expenses on charity care, $150,159. Source: its own IRS Form 990. https://everythingisbroken.org/reports/hospital-ceo-pay/system/newman-memorial-hospital-inc-73-0570773.html
