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Methodist Healthcare-Olive Branch Hospital

Olive Branch, MS · EIN 64-0889822 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Methodist Healthcare-Olive Branch Hospital reported $110.2 million in revenue and $113.3 million in expenses for calendar year 2024. Of every $100 it spent, $92.45 went to program services, $7.55 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: 99.7% of the total. The highest compensation it reported for one person was $547,273 (PRESIDENT/CEO). 41 people received more than $100,000 in reportable compensation. Revenue rose 25% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $113M

For 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 $110M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
92.5%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
7.5%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
99.7%93.7%
Highest reported compensation
Part VII-A, columns D–F
$547,273$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.48%1.34%
People paid over $100,000
Part VII, line 2
4127
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
8.46.6
Independent voting board members
Part VI 1a–1b
8 of 988.9%

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 expense
$105M expenses · 100.0% of program spending · revenue $110M

Methodist Healthcare-Olive Branch Hospital (obh) is the newest hospital in the methodist le bonheur healthcare system, designed to care for the community of north mississippi. The five-story, 100-bed hospital opened in 2013 and features an innovative, environmentally friendly design. In 2024 mlh contributed more than $268 million in community benefit to memphis and the mid-south through various efforts including, charity care, medicare/tncare shortfall, medical education, and community health improvement services. Net community benefit expense is calculated using a standard approach as…

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT/CEO
Director/trustee, officer, 46.0 hrs/week
$0$488,293$58,980$547,273
TREASURER
Officer, 40.0 hrs/week
$230,719$0$70,323$301,042
VP/CNO
Officer, 40.0 hrs/week
$211,521$0$57,400$268,921
PHARMACIST
Highest compensated employee, 40.0 hrs/week
$173,805$0$49,107$222,912
Clinical Pharmacist
Highest compensated employee, 40.0 hrs/week
$160,733$0$35,267$196,000
Clinical Pharmacist
Highest compensated employee, 40.0 hrs/week
$143,840$0$50,870$194,710
Manager - Pharmacy
Highest compensated employee, 40.0 hrs/week
$139,751$0$31,177$170,928
Director - Radiology/Cath Lab
Highest compensated employee, 40.0 hrs/week
$140,989$0$24,458$165,447

41 people received more than $100,000 in reportable compensation from Methodist Healthcare-Olive Branch Hospital (Part VII, line 2). Compensation of current officers, directors and key employees totaled $442K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
FilingRevenueExpensesProgramsNet assetsTop pay
2024 (amended) ⓘ$110M$113M92.5%$79M$547,273
2023 ⓘ$106M$111M92.9%$85M$482,682
2022 ⓘ$92M$104M92.9%$89M$636,044
2021 ⓘ$103M$97M92.3%$85M$644,268
2020 ⓘ$87M$87M91.6%$77M$624,788
2019 ⓘ$89M$90M91.5%$87M$587,680

Governance 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–1b9 · 8 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 15aNo
  • 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 4No
  • 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 5646
  • Volunteers Part I, line 61

Correct a figure or respond

Every number above is copied from Methodist Healthcare-Olive Branch 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 Methodist Healthcare-Olive Branch Hospital, you can publish a response that is linked from this page.

Questions people ask

How much of Methodist Healthcare-Olive Branch Hospital's spending goes to programs?

In calendar year 2024, Methodist Healthcare-Olive Branch Hospital reported that 92.5% of its $113.3 million in expenses went to program services, 7.5% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Methodist Healthcare-Olive Branch Hospital pay its top executive?

The largest total compensation Methodist Healthcare-Olive Branch Hospital reported for one person in calendar year 2024 was $547,273, for the role of PRESIDENT/CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Methodist Healthcare-Olive Branch Hospital get its money?

Of $110.2 million in revenue in calendar year 2024, 0.0% came from contributions and grants and 99.7% from program service revenue (Form 990, Part VIII).

Is Methodist Healthcare-Olive Branch Hospital a registered charity?

The IRS lists EIN 64-0889822 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 (amended), object 202631249349301243 · read the filing
  • 2023: Form 990 for calendar year 2023, object 202443209349322104 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202343199349310789 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202243199349322569 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202113169349306501 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202033219349314213 · read the filing

All filings for EIN 64-0889822: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.