North Carolina · Ranked 167 of 1033 by CEO pay.
Pitt County Memorial Hospital
Michael Waldrum MD, Chief Executive Officer. Fiscal year ending 2025-09.
Form 990 Part VII, columns D+E+F
Schedule H Part I line 7a
Most of the reported compensation ($1,759,349 of $2,152,599) came from a related organization (Part VII column E) and was reported on this filing.
§1The filing
- Total revenue
- $2,223,240,973
- Total expenses
- $2,020,387,787
- Net assets
- $890,918,170
- Employees
- 16,240
- Hospitals covered
- 2 facilities across 1 filing
- Charity care, net
- $68,816,466
- Bad debt
- $3,141,957
- Medicare surplus (shortfall), as filed
- ($54,758,771)
- CEO pay from the organization (Part VII col. D)
- $0
- From related organizations (col. E)
- $1,759,349
- Other compensation, including deferred pay and nontaxable benefits (col. F)
- $393,250
- CEO total compensation (D+E+F)
- $2,152,599 to Michael Waldrum 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, Pitt County Memorial Hospital, EIN 56-0585243, fiscal year ending 2025-09, as published by the IRS. CEO identification: ceo title.
§2Community benefit versus charity care
The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($3.1M) 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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