New Jersey · Ranked 397 of 1033 by CEO pay.

Shore Memorial Hospital

David R Hughes, Trustee - Pres/CEO (Eff 12/24). Fiscal year ending 2024-12.

$1.0M

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

0.65%

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

71.0%

CEO pay as a share of all charity care

David R Hughes’s pay of $1,037,348 equals 71.0 percent of the $1,460,158 the system spent on charity care in the same year.

The chief executive's title on the filing indicates a change during the year (Trustee - Pres/CEO (EFF 12/24)); the pay shown is what the filing reports for that person, which may cover part of the year.

Also listed with a chief executive title in the same filings: Ronald W Johnson, Trustee - CEO, $2,130,125. Where a chief executive retired during the year, the filing reports the final-year payout.

§1The filing

Total revenue: $267,733,748
Total expenses: $225,727,927
Net assets: $300,041,282
Employees: 1,461
Hospitals covered: 1 facilities across 1 filing
Charity care, net: $1,460,158
Bad debt: $8,551,120
Medicare surplus (shortfall), as filed: ($12,396,234)
CEO pay from the organization (Part VII col. D): $932,516
From related organizations (col. E): $0
Other compensation, including deferred pay and nontaxable benefits (col. F): $104,832
CEO total compensation (D+E+F): $1,037,348 to David R Hughes

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, Shore Memorial Hospital, EIN 21-0660835, fiscal year ending 2024-12, 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)$16.2M Of which charity care to patients who could not pay (line 7a)$1.5M (9%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($8.6M) 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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Shore Memorial Hospital: CEO pay $1.0M, charity care 0.65% of expenses

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Shore Memorial Hospital reported $1,037,348 in compensation for chief executive David R Hughes in the fiscal year ending 2024-12. It spent 0.65% of expenses on charity care, $1,460,158. Source: its own IRS Form 990. https://everythingisbroken.org/reports/hospital-ceo-pay/system/shore-memorial-hospital-21-0660835.html