Compensation 990

Memorial Health Care System Foundation Inc.

Fiscal year ending 2023. Filed on May 13, 2024.

2525 De Sales Avenue
Chattanooga, Tennessee 37404

Memorial Health Care System Foundation Inc. (EIN: 62-1839548) has filed an IRS Form 990 between fiscal years 2016 and 2023. In its fiscal year 2023 IRS Form 990 filing, Memorial Health Care System Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 11 employees. Among the employees shown here, the average compensation is $862,769. The highest compensated employee at Memorial Health Care System Foundation Inc. is Larry Schumacher with fiscal year 2023 compensation of $2,782,336.

Revenue, expenses, and employee compensation

Revenue

$5,539,421

Expenses

$3,858,442

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

－15.2%vs 2022
Larry Schumacher
Exofficio Senior Vice President of Operations SE Division
$2,782,336
$0 from org$2,744,155 from related$38,181 other
－6.1%vs 2022
Janelle Reilly
Ex-Officio/Market CEO
$1,187,529
$0 from org$1,133,117 from related$54,412 other
－13.4%vs 2022
Troy Hammett
SR Vp/Former CFO
$1,109,588
$0 from org$1,003,751 from related$105,837 other
＋18.8%vs 2022
Kelly Richardson, M.D.
Board Member
$904,189
$0 from org$848,432 from related$55,757 other
－5.9%vs 2022
James Headrick Jr, M.D.
Board Member
$834,751
$0 from org$790,007 from related$44,744 other
New in 2023
Betsy Washburn, M.D.
Board Member
$432,323
$0 from org$403,298 from related$29,025 other
＋0.4%vs 2022
Lee Jackson
Former Officer
$429,123
$0 from org$374,438 from related$54,685 other
－0.1%vs 2022
Michael Sutton
Former Market CFO
$388,138
$0 from org$356,741 from related$31,397 other
＋20.1%vs 2022
Jennifer Nicely
Ex-Officio/Chief Development Officer
$328,852
$0 from org$286,811 from related$42,041 other
New in 2023
Craig Nielsen
Interim Chief Financial Officer
$230,858
$0 from org$183,895 from related$46,963 other
New in 2023
Rhonda McCabe
Interim Chief Financial Officer
$0

Non-Employee Board Members

Camille Daniel
Board Member
Chad Young
Board Member
Deanna Brown, M.D.
Board Member
Gina Dhanani
Board Member
Jeremy Jenkins
Member at-large
Jim Cardwell
Board Member
Jim Pesnell
Board Member
Jonathan Adams
Member at-large
Julie Brandao
Chair
Lacy Burd
Board Secretary
Laura Ketcham
Board Member
Mark Hite
Board Member

Mission Statement

MEMORIAL HEALTH CARE SYSTEM FOUNDATION INC'S SOLE PURPOSE IS TO RAISE FUNDS AND AWARENESS FOR MEMORIAL HEALTH CARE SYSTEM ("MHCS"). FUNDS RAISED ALLOW MHCS TO EXTEND ITS MISSION FURTHER INTO THE COMMUNITY.

Revisions to this organization profile

May 13, 2024:
2023 Memorial Health Care System Foundation Inc. 990 filed
May 15, 2023:
2022 Memorial Health Care System Foundation Inc. 990 filed
May 16, 2022:
2021 Memorial Health Care System Foundation Inc. 990 filed

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