Michelle McEwen, President/CEO. Fiscal year ending 2025-06.
$480,523
CEO total compensation Form 990 Part VII, columns D+E+F
0.30%
of expenses spent on charity care Schedule H Part I line 7a
188.4%
CEO pay as a share of all charity care
In the most recent filing year, Michelle McEwen’s reported compensation was $480,523. The system’s charity care for the same year was $255,056. One person’s reported compensation was 1.9 times what the system gave to every patient who could not pay.
§1The filing
Total revenue
$85,362,123
Total expenses
$84,642,125
Net assets
$67,908,715
Employees
614
Hospitals covered
1 facilities across 1 filing
Charity care, net
$255,056
Bad debt
$6,049,900
Medicare surplus (shortfall), as filed
($4,228,422)
CEO pay from the organization (Part VII col. D)
$416,013
From related organizations (col. E)
$0
Other compensation, including deferred pay and nontaxable benefits (col. F)
$64,510
CEO total compensation (D+E+F)
$480,523 to Michelle McEwen
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)$6.0MOf which charity care to patients who could not pay (line 7a)$255,056 (4%)
The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($6.0M) 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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Speare Memorial Hospital reported $480,523 in compensation for chief executive Michelle McEwen in the fiscal year ending 2025-06. It spent 0.30% of expenses on charity care, $255,056. Source: its own IRS Form 990. https://everythingisbroken.org/reports/hospital-ceo-pay/system/speare-memorial-hospital-02-0226774.html
