Shore Memorial Hospital
Shore Memorial Hospital reported $267.7 million in revenue and $225.7 million in expenses for calendar year 2024. Of every $100 it spent, $82.96 went to program services, $16.69 to management and general costs and $0.35 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 96.9% of the total. The highest compensation it reported for one person was $2,130,125 (Trustee - CEO (TERM 12/24)). 214 people received more than $100,000 in reportable compensation. Revenue rose 34% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $226MFor context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $268MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 83.0% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 16.7% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.4% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.31 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 1.0% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.2% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 96.9% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $2,130,125 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.94% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 214 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 16.0 | 6.6 |
| Independent voting board members Part VI 1a–1b | 19 of 20 | 88.9% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseExpenses incurred in providing medically necessary inpatient medical services (excludes surgical cases and maternal child health), to all individuals in a non-discriminatory manner regardless of race, color, creed, sex, national origin, religion or ability to pay. During 2024, the organization had 6,044 discharges for a total of 28,024 patient days. Please
Expenses incurred in providing medical necessary same day surgery services to all individuals in a non-discriminatory manner regardless of race, color, creed, sex, national origin or ability to pay. During 2024, the organization treated 3,660 same day surgery cases. Please
Expenses incurred in providing medical necessary maternal and pediatric inpatient services to all individuals in a non-discriminatory manner regardless of race, color, creed, sex, national origin or ability to pay. During 2024, the organization had 1,924 discharges for a total of 5,083 patient days. Please
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| Trustee - CEO (TERM 12/24) Director/trustee, officer, 55.0 hrs/week | $2,029,654 | $0 | $100,471 | $2,130,125 |
| Trustee - Pres/CEO (EFF 12/24) Director/trustee, officer, 55.0 hrs/week | $932,516 | $0 | $104,832 | $1,037,348 |
| Chief Medical Officer Officer, 55.0 hrs/week | $808,580 | $0 | $53,537 | $862,117 |
| Chief Information Officer Key employee, 55.0 hrs/week | $404,379 | $0 | $59,763 | $464,142 |
| Hospitalist Highest compensated employee, 55.0 hrs/week | $357,711 | $0 | $29,822 | $387,533 |
| Hospitalist Highest compensated employee, 55.0 hrs/week | $309,557 | $0 | $27,914 | $337,471 |
| CNO (EFF 2/24) Key employee, 55.0 hrs/week | $262,791 | $0 | $68,837 | $331,628 |
| VP of Human Res. (Eff 1/2/24) Key employee, 55.0 hrs/week | $232,213 | $0 | $66,553 | $298,766 |
214 people received more than $100,000 in reportable compensation from Shore Memorial Hospital (Part VII, line 2). Compensation of current officers, directors and key employees totaled $5.5M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b20 · 19 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 51,461
- Volunteers Part I, line 690
Private foundation grants it received
3 private foundations reported grants to Shore Memorial Hospital totaling $145K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Shore Memorial Hospital's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Shore Memorial Hospital, you can publish a response that is linked from this page.
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Of every $100 Shore Memorial Hospital spent in 2024, $82.96 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Stamford Health Medical GroupStamford, CT · revenue $268M · programs 89.5% · FY2025
- Summa HealthAkron, OH · revenue $268M · programs 84.9% · 2024
- Carle BroMenn Medical CenterUrbana, IL · revenue $267M · programs 79.5% · 2024
- Georgetown Memorial HospitalGeorgetown, SC · revenue $268M · programs 79.5% · FY2025
- St Catherine of Siena Medical CenterSmithtown, NY · revenue $267M · programs 85.9% · 2024
Questions people ask
How much of Shore Memorial Hospital's spending goes to programs?
In calendar year 2024, Shore Memorial Hospital reported that 83.0% of its $225.7 million in expenses went to program services, 16.7% to management and general and 0.4% to fundraising (Form 990, Part IX).
How much does Shore Memorial Hospital pay its top executive?
The largest total compensation Shore Memorial Hospital reported for one person in calendar year 2024 was $2,130,125, for the role of Trustee - CEO (TERM 12/24) (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Shore Memorial Hospital get its money?
Of $267.7 million in revenue in calendar year 2024, 1.0% came from contributions and grants (including 0.2% from government grants) and 96.9% from program service revenue (Form 990, Part VIII).
Is Shore Memorial Hospital a registered charity?
The IRS lists EIN 21-0660835 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202522239349301427 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202433199349311223 · read the filing
- 2022: Form 990 for calendar year 2022, object 202303179349303850 · read the filing
- 2021: Form 990 for calendar year 2021, object 202213189349311491 · read the filing
- 2020: Form 990 for calendar year 2020, object 202143169349301919 · read the filing
- 2019: Form 990 for calendar year 2019, object 202003219349302900 · read the filing
All filings for EIN 21-0660835: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.