TALLAHASSEE MEMORIAL HEALTHCARE INC

EIN: 591917016 501(c)(3) Health Care

TALLAHASSEE, FL

Total Revenue
$1,080,713,320
Total Expenses
$1,048,594,063
Total Assets
$1,151,040,007
Net Assets
$588,311,726
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
FL
Principal Officer
PRISCILLA NEEDHAM CFO
Phone
8504315238
Tax Period
2023-10-01 to 2024-09-30

TALLAHASSEE MEMORIAL HEALTHCARE INC, founded in 1979, is a large national nonprofit in the Health Care sector that reported $1.1B in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

FOUNDED MORE THAN 75 YEARS AGO, TALLAHASSEE MEMORIAL HEALTHCARE INC. IS A PRIVATE, NOT-FOR PROFIT, 772-BED, COMMUNITY HEALTH CARE SYSTEM THAT PROVIDES CHARITABLE, COMPASSIONATE, LEADING -EDGE, & PATIENT-CENTERED HEALTH CARE. ITS MISSION: TRANSFORMING CARE. ADVANCING HEALTH. IMPROVING LIVES.

Program Service Accomplishments

Program 1
Expenses: $905,447,066 Revenue: $1,059,984,203

DESIGNED TO MEET THE DIVERSE HEALTH CARE NEEDS OF THE BIG BEND REGION, TALLAHASSEE MEMORIAL HEALTHCARE, INC. (TMH) IS A COMPREHENSIVE, PRIVATE, NOT-FOR-PROFIT HEALTH CARE SYSTEM THAT SERVES 21...

Read more

DESIGNED TO MEET THE DIVERSE HEALTH CARE NEEDS OF THE BIG BEND REGION, TALLAHASSEE MEMORIAL HEALTHCARE, INC. (TMH) IS A COMPREHENSIVE, PRIVATE, NOT-FOR-PROFIT HEALTH CARE SYSTEM THAT SERVES 21 COUNTIES IN NORTH FLORIDA AND SOUTH GEORGIA. TMH INCLUDES A 772-BED ACUTE CARE HOSPITAL AND HAS A TIME-HONORED COMMITMENT TO PROVIDING PATIENT-CENTERED, WORLD-CLASS HEALTH CARE TO ITS COMMUNITY WITHOUT REGARD TO A PATIENT'S ABILITY TO PAY. PROVIDING INNOVATIVE TECHNOLOGY AND A BROAD SPECTRUM OF SERVICES, TMH HOLDS A NUMBER OF IMPORTANT DISTINCTIONS ITHIN THE REGIONAL HEALTH SECTOR. TMH IS HOME TO THE AREAS ONLY STATE-DESIGNATED TRAUMA CENTER AND THE REGION'S ONLY ACCREDITED COMMUNITY HOSPITAL CANCER PROGRAM. TMH IS RECOGNIZED BY THE SOCIETY OF CHEST PAIN CENTERS AS AN ACCREDITED CHEST PAIN CENTER WITH PCI. ADDITIONALLY, TMH HAS THE ONLY NEUROLOGICAL AND LEVEL III NEONATAL INTENSIVE CARE UNITS AND IS NORTH FLORIDA'S ONLY COMPREHENSIVE STROKE CENTER. TMH IS MANAGED BY A TEAM OF COMMUNITY CITIZENS WHO VOLUNTEER THEIR TIME AND EXPERTISE WITHOUT COMPENSATION. THE TMH BOARD OF DIRECTORS IS COMMITTED TO ITS COMMUNITY SERVICE MISSION AND MEMBERS SERVE WITHOUT COMPENSATION. THE ENERGY RESOURCES COMMITTED BY TMH AND ITS COLLEAGUES ARE PROOF OF THE FULFILLMENT OF ITS MISSION: TRANSFORMING CARE. ADVANCING HEALTH. IMPROVING LIVES. SEE SCHEDULE H, PART VI FOR ADDITIONAL DETAILS REGARDING SOME OF THE VARIOUS PROGRAM SERVICE ACCOMPLISHMENTS AND ADDITIONAL COMMUNITY BUILDING ACTIVITIES CONDUCTED BY TMH.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,904,503
Program Service Revenue $1,051,708,541
Investment Income $17,532,392
Other Revenue $8,567,884
TOTAL REVENUE $1,080,713,320

Expense Breakdown

Grants Paid $515,118
Salaries & Benefits $436,515,048
Fundraising Expenses $0
Program Expenses $905,447,066
Other Expenses $611,563,897
TOTAL EXPENSES $1,048,594,063

Year-over-Year Comparison

2023 2022 Change
Revenue $1,080,713,320 $955,785,835 +0.1%
Expenses $1,048,594,063 $976,356,849 +0.1%
Net Income $32,119,257 $-20,571,014 -2.6%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
16
Independent Members
15
Employees
7771
Volunteers
694

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✓ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$3,917,757
Total Directors
20
$3,123,178
Key Employees
2
$861,267
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
G MARK O'BRYANT EX-OFFICIO DIRECTOR & CEO 53.0
Officer Director
$2,752,176 $371,002 $3,123,178
OVIDIU MARINA MD RADIATION ONCOLOGIST 55.0
Highest
$1,155,397 $41,278 $1,196,675
WILLIAM DOBAK MD MATERNAL/FETAL MEDICINE 55.0
Highest
$1,077,510 $41,475 $1,118,985
GEORGE PENNINGTON II MD GENERAL SURGEON 55.0
Highest
$965,895 $41,475 $1,007,370
MITCHELL PEABODY MD HEMATOLOGIST/ONCOLOGIST 55.0
Highest
$906,227 $40,843 $947,070
JEFFREY CROOMS MD GENERAL SURGEON 55.0
Highest
$924,146 $6,025 $930,171
WILLIAM GUIDICE FORMER VP/CFO 0.0
$705,117 $27,854 $732,971
PRISCILLA NEEDHAM VP/CFO 54.0
Officer
$479,355 $13,610 $492,965
ANDREW STARR CHIEF HEALTH OPS OFFICER 55.0
Key Emp
$397,957 $59,357 $457,314
RYAN SMITH CHIEF CLINICAL OFFICER/CNO/VP 55.0
Key Emp
$353,553 $50,400 $403,953
NIGEL ALLEN CHIEF ADVANCEMENT OFFICER/VP 55.0
Officer
$254,566 $47,048 $301,614
SALLY BRADSHAW CHAIR-ELECT 2.0
Officer Director
$0 $0 $0
JAMES KILLIUS MD SECRETARY 2.0
Officer Director
$0 $0 $0
ERMAN MURRAY JR CHAIR 2.0
Officer Director
$0 $0 $0
CLAUDE WALKER TREASURER 2.0
Officer Director
$0 $0 $0
AJ BRICKLER MD DIRECTOR 1.5
Director
$0 $0 $0
JOEDRECKA BROWN SPEIGHTS MD DIRECTOR 1.5
Director
$0 $0 $0
CARLOS CAMPO MD DIRECTOR 1.5
Director
$0 $0 $0
BETH CORUM DIRECTOR 1.5
Director
$0 $0 $0
ANDREW GAY DIRECTOR 1.5
Director
$0 $0 $0
ALLISON HARRELL DIRECTOR 1.5
Director
$0 $0 $0
THOMAS NOEL MD DIRECTOR 1.5
Director
$0 $0 $0
CISSY PROCTOR DIRECTOR 1.5
Director
$0 $0 $0
KATRINA ROLLE DIRECTOR 1.5
Director
$0 $0 $0
JAMES TOTTEN MD DIRECTOR 1.5
Director
$0 $0 $0
HUGH VANLANDINGHAM MD DIRECTOR 1.5
Director
$0 $0 $0
KATHLEEN BROTHERS EX-OFFICIO DIRECTOR 1.0
Director
$0 $0 $0
CLAIRE HARRISON EX-OFFICIO DIRECTOR 1.0
Director
$0 $0 $0
BILL E WERTMAN EX-OFFICIO DIRECTOR 1.0
Director
$0 $0 $0
MARK WHEELER MD EX-OFFICIO DIRECTOR 1.0
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $1,080,713,320 $1,048,594,063 $1,151,040,007 $32,119,257
2023 $872,674,880 $893,245,894 $1,079,382,336 $-20,571,014
2022 $837,458,872 $842,832,617 $1,094,977,840 $-5,373,745
2021 $783,859,263 $765,985,427 $1,130,180,703 $17,873,836
2020 $704,494,918 $718,606,284 $1,043,128,439 $-14,111,366
2019 $705,262,777 $698,655,227 $991,316,249 $6,607,550
2018 $840,648,324 $789,650,582 $1,056,902,686 $50,997,742
Explore More Nonprofits
→Top 100 Nonprofits in Florida →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare TALLAHASSEE MEMORIAL HEALTHCARE INC with other nonprofits in Florida and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.