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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 2020. Filed on November 15, 2021.

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 2020 IRS Form 990 filing, Memorial Hospital, a 501(c)(3) charitable organization, reported compensation for 14 out of 1,789 total employees. Among the employees shown here, the average compensation is $613,014. The highest compensated employee at Memorial Hospital is Ramy Kurdi, Do with fiscal year 2020 compensation of $1,071,774.

Revenue, expenses, and employee compensation

Revenue

$227,898,394

Expenses

$223,646,513

Employee compensation

$110,768,505
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Ramy Kurdi, Do
Physician
$1,071,774
$1,045,641 No related comp$26,133
Rany Aburashed, Do
Board Member and Physician
$1,010,731
$983,842 No related comp$26,889
Tarek Pacha, Do
Physician
$805,108
$779,169 No related comp$25,939
Ashraf Elbanna, Do
Physician
$795,076
$784,695 No related comp$10,381
Brian Long
President and Chief Executive Officer
$752,063
$729,806 No related comp$22,257
Pankaj Guglani, Do
Physician
$638,866
$624,581 No related comp$14,285
Jessica Lafoest, Do
Physician
$636,525
$614,619 No related comp$21,906
Michael Schmidt, Do
Chief of Staff
$600,628
$573,972 No related comp$26,656
James Nemeth
Vice President, Nursing
$449,561
$423,395 No related comp$26,166
Joseph Bustamante
Chief Medical Officer
$446,679
$420,468 No related comp$26,211
Colleen Koppenhaver
Executive Vice President and Chief Financial Officer
$387,506
$377,962 No related comp$9,544
Michael Kramer, Do
Board Member
$373,944
$360,664 No related comp$13,280

Benchmark Employee Compensation

Non-Employee Board Members

Anthony Young
Board Vice Chair
Barbara Bakeromerod
Board Member
Dale Espich
Board Member
Donna McAvoy
Board Member
Gregory Bontrager
Board Chair
Jerry Walden
Board Secretary
John Hagel
Board Member
Michael Ash
Board Member
Shana Espinoza
Board Member
Thomas Campbell
Board Member
Wilfred Bill Farrell
Board Treasurer

Contractors

Spence Brothers
Construction
$9,538,882
Alliance Hni
Rental of Equipment
$1,717,735
Ecs Central Michigan
Contracted Emergency Room Physicians
$1,617,686
Ahsa LLC
Hospital Staffing
$1,090,219
Physicians Anesthesia Services
Anesthesia
$742,177

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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