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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 Memorial Health Care System Foundation Inc.

Memorial Health Care System Foundation Inc.

Fiscal year ending 2017. Filed on May 9, 2018.

2525 De Sales Avenue
Suite 600
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 2017 IRS Form 990 filing, Memorial Health Care System Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 10 employees. Among the employees shown here, the average compensation is $482,264. The highest compensated employee at Memorial Health Care System Foundation Inc. is Larry Schumacher with fiscal year 2017 compensation of $781,850.

Revenue, expenses, and employee compensation

Revenue

$2,277,520

Expenses

$4,580,185

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Larry Schumacher
Ex-Officio/Mchs CEO
$781,850
$0 $654,954 $126,896
David Wendt, M.D.
Board Member
$770,160
$0 $737,602 $32,558
Ricky Napper
Former Interim CEO
$760,652
$0 $692,050 $68,602
James Hobson
Former MHCS President/Ceo
$531,783
$0 $510,337 $21,446
Lee Jackson
Member at-large
$486,853
$0 $454,497 $32,356
Carlos Baleeiro, M.D.
Board Member
$387,014
$0 $354,592 $32,422
Troy Hammett
Senior Vice President and Chief Financial Officer
$357,354
$0 $327,470 $29,884
Mark Anderson, M.D.
Former Officer
$334,007
$0 $303,742 $30,265
Michael Sutton
Former Chief Financial Officer
$216,315
$0 $194,011 $22,304
Jennifer Nicely
Ex-Officio/Chief Development Officer
$196,651
$0 $168,225 $28,426

Benchmark Employee Compensation

Non-Employee Board Members

Sanford Sharp, M.D.
Board Member
$4,644
$0 $4,644 No other comp
Hodgen Mainda
Vice Chair
No compensation reported
James Woods
Board Member
No compensation reported
Rich Kramer
Member at-large
No compensation reported
Bruce Hartmann
Board Member
No compensation reported
Lisa MacLellan
Board Member
No compensation reported
Leo Brown
Board Member
No compensation reported
Julie Brandao
Board Member
No compensation reported
Betsy Ranalli
Board Member
No compensation reported
Steve Newton
Board Member
No compensation reported
Susan MacLellan
Board Member
No compensation reported
Stephanie Sinkfield
Board Member
No compensation reported

Contractors

Franklin Street
Consulting
$160,000

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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