Official Seal, Everything Is Broken (2026)

Everything Is Broken

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

North Carolina · Ranked 679 of 1033 by CEO pay.

St Lukes Hospital

Michelle Fortune, CEO. Fiscal year ending 2024-09.

$502,438
CEO total compensation
Form 990 Part VII, columns D+E+F
1.41%
of expenses spent on charity care
Schedule H Part I line 7a
81.6%
CEO pay as a share of all charity care
Michelle Fortune’s pay of $502,438 equals 81.6 percent of the $615,694 the system spent on charity care in the same year.

§1The filing

Total revenue
$50,420,906
Total expenses
$43,623,593
Net assets
$73,947,647
Employees
358
Hospitals covered
1 facilities across 1 filing
Charity care, net
$615,694
Bad debt
$4,427,944
Medicare surplus (shortfall), as filed
($417,294)
CEO pay from the organization (Part VII col. D)
$455,522
From related organizations (col. E)
$0
Other compensation, including deferred pay and nontaxable benefits (col. F)
$46,916
CEO total compensation (D+E+F)
$502,438 to Michelle Fortune

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, St Lukes Hospital, EIN 56-0554222, fiscal year ending 2024-09, as published by the IRS. CEO identification: ceo title.

§2Community benefit versus charity care

What the system reported as total community benefit (Schedule H line 7k)$1.8M Of which charity care to patients who could not pay (line 7a)$615,694 (34%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($4.4M) 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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St Lukes Hospital: CEO pay $502,438, charity care 1.41% of expenses