Official Seal, Everything Is Broken (2026)

Everything Is Broken

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

Connecticut · Massachusetts · Ranked 245 of 1033 by CEO pay.

Saint Francis Hospital and Medical Center

Montez Carter, Director, Th Of Ne President And CEO. Fiscal year ending 2025-09.

$1.7M
CEO total compensation
Form 990 Part VII, columns D+E+F
2.54%
of expenses spent on charity care
Schedule H Part I line 7a
3.8%
CEO pay as a share of all charity care

Most of the reported compensation ($1,378,384 of $1,659,446) came from a related organization (Part VII column E) and was reported on this filing.

§1The filing

Total revenue
$1,800,381,320
Total expenses
$1,733,480,876
Net assets
$572,482,190
Employees
2,081
Hospitals covered
5 facilities across 5 filings
Charity care, net
$44,096,229
Bad debt
$59,055,213
Medicare surplus (shortfall), as filed
($2,623,621)
CEO pay from the organization (Part VII col. D)
$0
From related organizations (col. E)
$1,378,384
Other compensation, including deferred pay and nontaxable benefits (col. F)
$281,062
CEO total compensation (D+E+F)
$1,659,446 to Montez Carter

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, Saint Francis Hospital and Medical Center, EIN 06-0646813, fiscal year ending 2025-09, 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)$316.6M Of which charity care to patients who could not pay (line 7a)$44.1M (14%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($59.1M) and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.

§3Filings in this system

Filing entityEINFY endRevenueCharity care% of expensesFiling
Saint Francis Hospital and Medical Center06-06468132025-09$989.2M$32.2M3.60%990
Saint Mary's Hospital Inc06-06468442025-09$374.4M$7.7M2.30%990
The Mercy Hospital Inc04-33982802025-06$333.9M$1.0M0.30%990
Johnson Memorial Hospital Inc47-56769562025-09$79.2M$2.1M2.53%990
Mount Sinai Rehabilitation Hospital Inc06-14229732025-09$23.8M$1.1M4.87%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.

§Share

Saint Francis Hospital and Medical Center: CEO pay $1.7M, charity care 2.54% of expenses