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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Health Care Memorial Hospital

Memorial Hospital

Fiscal year ending 2018. Filed on November 15, 2019.

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 2018 IRS Form 990 filing, Memorial Hospital, a 501(c)(3) charitable organization, reported compensation for 11 out of 1,253 total employees. Among the employees shown here, the average compensation is $542,091. The highest compensated employee at Memorial Hospital is Ashraf Elbanna with fiscal year 2018 compensation of $854,397.

Revenue, expenses, and employee compensation

Revenue

$186,879,741

Expenses

$176,621,364

Employee compensation

$85,080,477
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Ashraf Elbanna
Physician
$854,397
$841,879 No related comp$12,518
Michael Schmidt
Chief of Staff
$729,592
$705,205 No related comp$24,387
Joseph Palazeti
Physician
$690,600
$664,668 No related comp$25,932
Brian Long
President and Chief Executive Officer
$675,770
$654,485 No related comp$21,285
Lisa Lepain
Physician
$563,546
$540,833 No related comp$22,713
Mandell Bookman
Physician
$534,102
$512,751 No related comp$21,351
Rany Aburashed
Physician
$531,045
$503,751 No related comp$27,294
Michael Kramer
Board Member
$372,315
$357,988 No related comp$14,327
James Nemeth
Vice President, Nursing
$369,353
$342,362 No related comp$26,991
Colleen Koppenhaver
Executive Vice President and Chief Financial Officer
$351,472
$326,202 No related comp$25,270
Anthony Patsy
Board Member
$290,807
$264,840 No related comp$25,967

Benchmark Employee Compensation

Non-Employee Board Members

Ronald Bishop
Board Member
$2,500
$2,500 No related compNo other comp
Aaron Maike
Board Vice Chair
No compensation reported
Jacklyn Hurd
Board Member
No compensation reported
Tony Young
Board Chair
No compensation reported
Frank Fear
Board Member
No compensation reported
Gregory Bontrager
Board Vice Chair
No compensation reported
Wilfred Farrell
Board Treasurer
No compensation reported
Shana Espinoza
Board Member
No compensation reported
Jerry Walden
Board Member
No compensation reported
Thomas Campbell
Board Member
No compensation reported
James Civille
Board Member
No compensation reported
Barbara Bakeromerod
Board Member
No compensation reported

Contractors

Indigo Hospital Medicine
Contracted Hospitals
$2,683,168
Alliance Hni LLC
Rental of Equipment
$1,383,952
Ecs Central Michigan
Contracted Emergency Room Physicians
$1,053,381
Michigan State University
Health
$803,189
Timberland Development Group
Land Improvement and Development
$736,286

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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