Compensation 990

Memorial Health Partners Foundation Inc.

Fiscal year ending 2024. Filed on May 14, 2025.

5600 Brainerd Road 500
Chattanooga, Tennessee 37411

Memorial Health Partners Foundation Inc. (EIN: 03-0417049) has filed an IRS Form 990 between fiscal years 2016 and 2024. In its fiscal year 2024 IRS Form 990 filing, Memorial Health Partners Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 21 out of 350 total employees. Among the employees shown here, the average compensation is $926,487. The highest compensated employee at Memorial Health Partners Foundation Inc. is Larry Schumacher with fiscal year 2024 compensation of $3,020,590.

Revenue, expenses, and employee compensation

Revenue

$135,364,348

Expenses

$163,461,292

Employee compensation

$124,078,030
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

＋8.6%vs 2023
Larry Schumacher
Former Senior Vice President of Operations, SE Division
$3,020,590
$0 from org$2,980,859 from related$39,731 other
＋24.4%vs 2023
Janelle Reilly
Market Chief Executive Officer
$1,477,877
$0 from org$1,421,289 from related$56,588 other
＋23.1%vs 2023
David Foster, M.D.
Board Member/ System Vice President PE OPS
$1,447,263
$0 from org$1,395,833 from related$51,430 other
New in 2024
Mayshan Ghiassi, M.D.
Physician/Neurosurgeon
$1,344,514
$1,204,590 from org$108,257 from related$31,667 other
－5.0%vs 2023
Krishnendu Bhadra, M.D.
Physician
$1,303,258
$1,252,977 from orgNo related comp$50,281 other
＋14.9%vs 2023
Troy Hammett
Former Board Member/Cfo
$1,275,441
$0 from org$1,165,421 from related$110,020 other
－0.3%vs 2023
Jeffrey Mullins, M.D.
Physician
$1,238,355
$1,187,899 from org$1,664 from related$48,792 other
＋31.4%vs 2023
Ranjith Babu, M.D.
Neurosurgeon
$1,231,873
$920,018 from org$267,110 from related$44,745 other
－6.6%vs 2023
Mark Fugate, M.D.
Vascular Surgeon Primary
$1,038,813
$971,408 from org$11,848 from related$55,557 other
＋5.4%vs 2023
Daniel Heithold, M.D.
Board Member and Physician
$681,729
$634,465 from orgNo related comp$47,264 other
＋36.3%vs 2023
Derek Crouthers, M.D.
Board Member and Physician
$593,777
$557,126 from orgNo related comp$36,651 other
＋46.9%vs 2023
Michael Sutton
President (Partial)
$570,137
$0 from org$536,668 from related$33,469 other

Non-Employee Board Members

New in 2024
Maelor Hughes
President
$141,790
$0 from org$131,566 from related$10,224 other

Contractors

－5.2%vs 2023
Vincent Viscomi MD PC
Medical
$753,961
＋1.2%vs 2023
Tareck a Kadrie Pllc
Medical
$348,088
New in 2024
Blevins Contruction Mgmt
Constructon
$323,463
New in 2024
Carroll Elizabeth
Medical
$283,188
－46.8%vs 2023
Medical Personnel Services
Staffing
$189,491

Mission Statement

AS AN AFFILIATE OF COMMONSPIRIT HEALTH, WE MAKE THE HEALING PRESENCE OF GOD KNOWN IN OUR WORLD BY IMPROVING THE HEALTH OF THE PEOPLE WE SERVE, ESPECIALLY THOSE WHO ARE VULNERABLE, WHILE WE ADVANCE SOCIAL JUSTICE FOR ALL.

Revisions to this organization profile

May 14, 2025:
2024 Memorial Health Partners Foundation Inc. 990 filed
May 10, 2024:
2023 Memorial Health Partners Foundation Inc. 990 filed
May 12, 2023:
2022 Memorial Health Partners Foundation Inc. 990 filed

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