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Swisher Memorial Healthcare System

Lucas Brewer, CEO. Fiscal year ending 2024-12.

$239,076

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

2.34%

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

68.7%

CEO pay as a share of all charity care

Lucas Brewer’s pay of $239,076 equals 68.7 percent of the $347,925 the system spent on charity care in the same year.

§1The filing

Total revenue: $13,107,704
Total expenses: $14,850,913
Net assets: $4,801,131
Employees: 111
Hospitals covered: 1 facilities across 1 filing
Charity care, net: $347,925
Bad debt: $2,385,010
Medicare surplus (shortfall), as filed: ($766,935)
CEO pay from the organization (Part VII col. D): $187,993
From related organizations (col. E): $0
Other compensation, including deferred pay and nontaxable benefits (col. F): $51,083
CEO total compensation (D+E+F): $239,076 to Lucas Brewer

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, Swisher Memorial Healthcare System, EIN 45-2230827, fiscal year ending 2024-12, 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)$429,939 Of which charity care to patients who could not pay (line 7a)$347,925 (81%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($2.4M) 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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Swisher Memorial Healthcare System: CEO pay $239,076, charity care 2.34% of expenses

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Swisher Memorial Healthcare System reported $239,076 in compensation for chief executive Lucas Brewer in the fiscal year ending 2024-12. It spent 2.34% of expenses on charity care, $347,925. Source: its own IRS Form 990. https://everythingisbroken.org/reports/hospital-ceo-pay/system/swisher-memorial-healthcare-system-45-2230827.html