Methodist Medical Center (EIN 620636239) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1959

Legal Domicile

Principal Officer

James D VanderSteeg

Phone

8653745329

Tax Period

2024-01-01 to 2024-12-31

Methodist Medical Center, founded in 1959, is a major nonprofit in the Health Care sector that reported $184.4M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

Methodist Medical Center is a 283-bed full service, acute care hospital located in Oak Ridge, TN. It is a member of the Covenant Health system.

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Trantor Score

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

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $115,652

Program Service Revenue $182,704,507

Investment Income $24,573

Other Revenue $1,546,926

TOTAL REVENUE $184,391,658

Expense Breakdown

Grants Paid $32,422

Salaries & Benefits $62,053,155

Fundraising Expenses $0

Program Expenses $186,784,860

Other Expenses $128,408,895

TOTAL EXPENSES $190,494,472

Year-over-Year Comparison

	2024	2023	Change
Revenue	$184,391,658	$169,096,410	+0.1%
Expenses	$190,494,472	$185,213,672	+0.0%
Net Income	$-6,102,814	$-16,117,262	-0.6%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

1097

Volunteers

109

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

$5,067,104

Total Directors

$3,253,624

Key Employees

$710,334

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Mitchell Dickson MD	Director	0.00	Director	$0	$0	$0
Stephanie Flood	Director	0.00	Director	$0	$0	$964
James Gibson	Director	0.00	Director	$0	$0	$0
Edgar Gray	Director	0.00	Director	$0	$0	$844
Leslye Hartsell	Director	0.00	Director	$0	$0	$1,124
Donald Hickman	Director	0.00	Director	$0	$0	$675
Timothy Matthews	Director	0.00	Director	$0	$0	$657
Janice McKinley	Director	0.00	Director	$0	$0	$0
Cletus McMahon MD	Director	0.00	Director	$0	$0	$0
Dave Miller	Director	0.00	Director	$0	$0	$0
Bill Myers	Director	0.00	Director	$0	$0	$0
Alvin Nance	Director	0.00	Director	$0	$0	$648
Linda Ogle	Director	0.00	Director	$0	$0	$0
King Purnell	Director/Chair	0.00	Officer Director	$0	$0	$935
Jorge Sanabria	Director	0.00	Director	$0	$0	$807
William Seale	Director	0.00	Director	$0	$0	$1,060
Cosby Stone	Director	0.00	Director	$0	$0	$1,113
Joe Sutter	Director	0.00	Director	$0	$0	$881
James Tramontana MD	Director	0.00	Director	$0	$0	$1,086
James D VanderSteeg	President & CEO	0.00	Officer Director	$0	$362,274	$3,242,830
Joseph C Dolan	EVP/CFO	0.00	Officer	$0	$105,608	$967,301
Jeremy H Biggs	President & CAO	50.00	Officer	$0	$45,244	$575,342
Catherine M Bunch	VP - Financial Services	30.00	Officer	$238,684	$42,012	$280,696
Jacquelyn A Alt	Fmr VP - CNO (through Mar 2024)	50.00	Key Emp	$55,370	$33,375	$302,879
Jason D Shepherd	VP - Support Services	50.00	Key Emp	$171,112	$36,743	$207,855
Margaretha S Clayton	VP - Chief Nursing Officer	50.00	Key Emp	$169,363	$30,237	$199,600
Shane D West	Sr. Medical Physicist	50.00	Highest	$237,483	$36,553	$274,036
Jo Ann Stanfill	Registered Nurse	50.00	Highest	$183,077	$36,087	$219,164
Charlotte A Human	Administrative Supervisor	50.00	Highest	$163,998	$17,974	$181,972
Jacqueline S Casey	Shift Manager	50.00	Highest	$143,315	$41,685	$185,000
Nathanel J Smith	Registered Nurse	50.00	Highest	$141,438	$30,323	$171,761
Rick A Carringer	Fmr VP - Financial Services	0.00		$0	$22,735	$341,887
Connie B Martin	Fmr VP - Support Services	0.00		$0	$37,179	$372,585

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	$184,391,658	$190,494,472	$93,660,472	$-6,102,814
2023	$169,096,410	$185,213,672	$95,078,010	$-16,117,262
2022	$166,314,435	$172,582,053	$92,039,387	$-6,267,618
2021	$166,156,201	$165,925,082	$94,101,790	$231,119
2020	$168,451,849	$165,954,513	$105,037,962	$2,497,336
2019	$169,010,034	$166,965,267	$98,687,119	$2,044,767
2018	$163,139,283	$160,631,363	$103,315,658	$2,507,920

Methodist Medical Center