Methodist Le Bonheur Healthcare
Methodist Le Bonheur Healthcare reported $439.8 million in revenue and $280.8 million in expenses for calendar year 2024. Of every $100 it spent, $27.58 went to program services, $72.42 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 57.7% of the total. The highest compensation it reported for one person was $2,444,821 (PRESIDENT/CEO/BOARD MEMBER). 292 people received more than $100,000 in reportable compensation. Revenue rose 164% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $281MFor 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 $440MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 27.6% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 72.4% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | Not reported | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.0% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 57.7% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $2,444,821 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.87% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 292 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 38.7 | 6.6 |
| Independent voting board members Part VI 1a–1b | 13 of 14 | 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 expenseAt methodist le Bonheur Healthcare (mlh), we take our mission seriously and are committed to fulfilling our social responsibility by giving back to the community in a meaningful way. Mlh has continued to be the largest provider of tenncare services in the state and our facilities serve all areas of the city and county. As a faith-based institution, providing access to healthcare for all of the community is very important to US. The five (5) facilities of Methodist Healthcare - memphis hospitals are licensed as one hospital. It is the third largest hospital in the country. Methodist has five…
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 |
|---|---|---|---|---|
| PRESIDENT/CEO/BOARD MEMBER Director/trustee, officer, 44.0 hrs/week | $2,373,965 | $0 | $70,856 | $2,444,821 |
| EVP/Chief Operating Officer Officer, 48.0 hrs/week | $1,094,838 | $0 | $217,846 | $1,312,684 |
| SVP/Chief Financial Officer Officer, 42.0 hrs/week | $942,830 | $0 | $195,670 | $1,138,500 |
| SVP/Chief Medical Officer Officer, 48.0 hrs/week | $811,871 | $0 | $170,031 | $981,902 |
| SVP/Chief of Business Development Officer, 48.0 hrs/week | $654,844 | $0 | $38,258 | $693,102 |
| SVP/Chief Academic Office Officer, 48.0 hrs/week | $576,381 | $0 | $76,026 | $652,407 |
| Former SVP/Chief Academic Office Former, 44.0 hrs/week | $648,394 | $0 | $0 | $648,394 |
| SVP/Chief Legal Officer Highest compensated employee, 40.0 hrs/week | $504,536 | $0 | $127,216 | $631,752 |
292 people received more than $100,000 in reportable compensation from Methodist Le Bonheur Healthcare (Part VII, line 2). Compensation of current officers, directors and key employees totaled $8.2M (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–1b14 · 13 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 2No
- 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 51,690
- Volunteers Part I, line 65
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| Epic Systems Software Management | $22,499,879 |
| DELOITTE CONSULTING LLP Consulting Services | $14,802,339 |
| SBG HEALTHCARE LLC DBA EPIC PHYSICIAN STAFFING Professional Fees | $10,983,750 |
| COMPUTER TASK GROUP INC Consulting Services | $7,789,413 |
Individuals listed as contractors are left out. 102 contractors were paid more than $100,000 in all.
Private foundation grants it received
2 private foundations reported grants to Methodist Le Bonheur Healthcare totaling $35,500 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 Methodist Le Bonheur Healthcare's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Methodist Le Bonheur Healthcare, you can publish a response that is linked from this page.
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Of every $100 Methodist Le Bonheur Healthcare spent in 2024, $27.58 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of Methodist Le Bonheur Healthcare's spending goes to programs?
In calendar year 2024, Methodist Le Bonheur Healthcare reported that 27.6% of its $280.8 million in expenses went to program services, 72.4% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Methodist Le Bonheur Healthcare pay its top executive?
The largest total compensation Methodist Le Bonheur Healthcare reported for one person in calendar year 2024 was $2,444,821, for the role of PRESIDENT/CEO/BOARD MEMBER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Methodist Le Bonheur Healthcare get its money?
Of $439.8 million in revenue in calendar year 2024, 0.0% came from contributions and grants and 57.7% from program service revenue (Form 990, Part VIII).
Is Methodist Le Bonheur Healthcare a registered charity?
The IRS lists EIN 58-1454711 as a 501(c)(3) organization (supporting organization (509(a)(3))), 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 (amended), object 202641249349301244 · read the filing
- 2023: Form 990 for calendar year 2023, object 202403209349323795 · read the filing
- 2022: Form 990 for calendar year 2022, object 202323199349313042 · read the filing
- 2021: Form 990 for calendar year 2021, object 202203199349322610 · read the filing
- 2020: Form 990 for calendar year 2020, object 202103169349306365 · read the filing
- 2019: Form 990 for calendar year 2019, object 202013219349314031 · read the filing
All filings for EIN 58-1454711: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.