New York · Ranked 201 of 1033 by CEO pay.

Our Lady of Lourdes Memorial Hospital

Edmund Sabanegh MD, Director-President/CEO TGC. Fiscal year ending 2025-06.

$1.9M

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

0.56%

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

42.3%

CEO pay as a share of all charity care

Edmund Sabanegh MD’s pay of $1,895,232 equals 42.3 percent of the $4,475,666 the system spent on charity care in the same year.

Most of the reported compensation ($1,693,153 of $1,895,232) came from a related organization (Part VII column E) and was reported on this filing.

§1The filing

Total revenue: $767,536,870
Total expenses: $795,775,787
Net assets: $277,105,247
Employees: 4,382
Hospitals covered: 2 facilities across 2 filings
Charity care, net: $4,475,666
Bad debt: $23,851,532
Medicare surplus (shortfall), as filed: $4,234,356
CEO pay from the organization (Part VII col. D): $0
From related organizations (col. E): $1,693,153
Other compensation, including deferred pay and nontaxable benefits (col. F): $202,079
CEO total compensation (D+E+F): $1,895,232 to Edmund Sabanegh MD

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, Our Lady of Lourdes Memorial Hospital, EIN 15-0532221, fiscal year ending 2025-06, as published by the IRS. CEO identification: ceo title multiple.

§2Community benefit versus charity care

What the system reported as total community benefit (Schedule H line 7k)$112.6M Of which charity care to patients who could not pay (line 7a)$4.5M (4%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($23.9M) and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.

§3Filings in this system

Filing entity	EIN	FY end	Revenue	Charity care	% of expenses	Filing
Our Lady of Lourdes Memorial Hospital Inc	`15-0532221`	2025-06	$534.2M	$3.1M	0.52%	990
Corning Hospital	`16-0393490`	2025-06	$233.3M	$1.4M	0.67%	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.

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Our Lady of Lourdes Memorial Hospital: CEO pay $1.9M, charity care 0.56% of expenses

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Our Lady of Lourdes Memorial Hospital reported $1,895,232 in compensation for chief executive Edmund Sabanegh MD in the fiscal year ending 2025-06. It spent 0.56% of expenses on charity care, $4,475,666. Source: its own IRS Form 990. https://everythingisbroken.org/reports/hospital-ceo-pay/system/our-lady-of-lourdes-memorial-hospital-inc-15-0532221.html