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The Menninger Clinic

Armando Colombo, President & CEO. Fiscal year ending 2024-12.

$732,988

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

1.46%

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

70.1%

CEO pay as a share of all charity care

Armando Colombo’s pay of $732,988 equals 70.1 percent of the $1,045,809 the system spent on charity care in the same year.

§1The filing

Total revenue: $66,293,795
Total expenses: $71,701,475
Net assets: $39,845,626
Employees: 567
Hospitals covered: 1 facilities across 1 filing
Charity care, net: $1,045,809
Bad debt: $1,234,626
Medicare surplus (shortfall), as filed
CEO pay from the organization (Part VII col. D): $693,855
From related organizations (col. E): $0
Other compensation, including deferred pay and nontaxable benefits (col. F): $39,133
CEO total compensation (D+E+F): $732,988 to Armando Colombo

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, The Menninger Clinic, EIN 37-1453409, 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)$1.5M Of which charity care to patients who could not pay (line 7a)$1.0M (68%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($1.2M) 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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The Menninger Clinic: CEO pay $732,988, charity care 1.46% of expenses

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The Menninger Clinic reported $732,988 in compensation for chief executive Armando Colombo in the fiscal year ending 2024-12. It spent 1.46% of expenses on charity care, $1,045,809. Source: its own IRS Form 990. https://everythingisbroken.org/reports/hospital-ceo-pay/system/the-menninger-clinic-37-1453409.html