Compensation 990

Memorial Hospital

Fiscal year ending 2016. Filed on November 14, 2017.

826 West King Street
Owosso, Michigan 48867

Memorial Hospital (EIN: 38-1358208), also known as Memorial Healthcare, has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2016 IRS Form 990 filing, Memorial Hospital, a 501(c)(3) charitable organization, reported compensation for 14 out of 1,104 total employees. Among the employees shown here, the average compensation is $413,840. The highest compensated employee at Memorial Hospital is Michael Schmidt with fiscal year 2016 compensation of $658,049.

Revenue, expenses, and employee compensation

Revenue

$132,863,472

Expenses

$133,814,354

Employee compensation

$71,304,432
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael Schmidt
Vice Chief of Staff
$658,049
$628,957 from orgNo related comp$29,092 other
Susan Ott
Physician
$608,663
$602,564 from orgNo related comp$6,099 other
Joseph Palazeti
Physician
$589,550
$560,876 from orgNo related comp$28,674 other
Lisa Lepain
Physician
$564,354
$540,497 from orgNo related comp$23,857 other
Brian Long
President and Chief Executive Officer
$523,319
$501,080 from orgNo related comp$22,239 other
Mario Chaves
Physician
$473,548
$444,002 from orgNo related comp$29,546 other
Mandell Bookman
Physician - Until 05/16
$441,246
$417,720 from orgNo related comp$23,526 other
Ahmed Shalabi
Physician
$417,158
$406,402 from orgNo related comp$10,756 other
Tim Susterich
Chief Operation/Financial Officer - Until 10/16
$362,246
$357,485 from orgNo related comp$4,761 other
Michael Kramer
Board Member
$307,604
$295,602 from orgNo related comp$12,002 other
James Nemeth
Vice President, Nursing
$279,091
$269,302 from orgNo related comp$9,789 other
Robert Sundelius
Senior Vice President Practice Group
$265,572
$245,974 from orgNo related comp$19,598 other

Non-Employee Board Members

Aaron Maike
Board Vice Chair
Ann Bentley
Board Secretary
Barb Nagengast
Board Member - Until 05/16
Dale Espich
Board Member
Dianna Maurer
Board Member
Frank Fear
Board Member
Gregory Bontrager
Board Member
James Civille
Board Member
Janice Harper
Board Member
Jerald Lostracco
Board Member
Joseph Bustamante
Chief of Staff
Margie Murray-Wright
Board Member - Until 03/16

Contractors

Hospital Medicine Associates
Health
$1,914,983
Alliance Hni LLC
Professional
$1,246,031
Michigan State University
Health
$771,415
Mid Michigan Physicians
Health
$675,000
Team Health Emergency Services
Health
$665,048

Mission Statement

TO PROMOTE HEALTH AND PROVIDE QUALITY COMPASSIONATE HEALTHCARE IN OUR REGION THROUGH A COMMITMENT TO SERVICE EXCELLENCE, TEAMWORK AND INNOVATION.

Revisions to this organization profile

November 13, 2025:
2024 Memorial Hospital 990 filed
November 15, 2024:
2023 Memorial Hospital 990 filed
November 14, 2023:
2022 Memorial Hospital 990 filed

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