MEMORIAL HEALTH SYSTEM OF EAST TEX… - Form 990 Financial Data

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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

1944

Legal Domicile

Principal Officer

MONTE BOSTWICK

Phone

9366348111

Tax Period

2023-07-01 to 2024-06-30

MEMORIAL HEALTH SYSTEM OF EAST TEXAS, founded in 1944, is a major nonprofit in the Health Care sector that reported $174.8M in total revenue in fiscal year 2023.

Mission

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.

Program Service Accomplishments

Program 1

Expenses: $167,390,994 Revenue: $169,476,535

SEE SCHEDULE H

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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 (2023)

Revenue Breakdown

Contributions & Grants $4,069,470

Program Service Revenue $169,476,535

Investment Income $-117,597

Other Revenue $1,396,774

TOTAL REVENUE $174,825,182

Expense Breakdown

Grants Paid $64,430

Salaries & Benefits $69,813,259

Fundraising Expenses $0

Program Expenses $167,390,994

Other Expenses $116,668,490

TOTAL EXPENSES $186,546,179

Year-over-Year Comparison

	2023	2022	Change
Revenue	$174,825,182	$166,157,705	+0.1%
Expenses	$186,546,179	$175,786,573	+0.1%
Net Income	$-11,720,997	$-9,628,868	+0.2%

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

974

Volunteers

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

$1,101,195

Total Directors

$5,235,607

Key Employees

$1,173,527

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
T DOUGLAS LAWSON PHD	PRESIDENT, SOUTH REGION	1.00	Director	$0	$218,609	$3,615,147
JAMES BRADLEY WHITE MD	DIRECTOR/PHYSICIAN (PARTIAL YEAR)	1.00	Director	$0	$55,736	$986,453
MONTE BOSTWICK	MARKET PRESIDENT	1.00	Officer	$0	$50,665	$800,876
MICHAEL STEINES MD	DIRECTOR/GENERAL SURGEON	1.00	Director	$0	$47,274	$634,007
ERIC ROBINSON	COO	40.00	Key Emp	$471,672	$50,463	$522,135
MARY FRANKLIN	MKT SVP, PATIENT CARE SERVICES (PARTIAL YEAR)	40.00	Key Emp	$393,321	$41,065	$434,386
SHELLI BROOKS	MKT VP OPERATIONAL FINANCE	40.00	Officer	$257,397	$42,922	$300,319
KRISTINA FROESE	FORMER CNO	0.00		$0	$44,356	$300,115
MARLENE APURA	RN IV	1.00	Highest	$965	$32,081	$267,684
CHRISTOPHER MURRAY	FORMER MARKET DIRECTOR OF PHARMACY	0.00		$0	$8,015	$259,981
TAMANIKA FITE	MKT DIRECTOR PHARMACY	40.00	Highest	$223,511	$26,771	$250,282
ROBIN FLOURNOY	MANAGER PHARMACY	40.00	Highest	$198,164	$43,609	$241,773
MIGUEL GARCIA	MKT DIRECTOR IMAGING SVCS	40.00	Highest	$193,791	$41,429	$235,220
MISTI LOWE	MKT SVP, PATIENT CARE SERVICES	40.00	Key Emp	$188,260	$28,746	$217,006
KAMMEE WILSON	RN II	40.00	Highest	$186,016	$28,326	$214,342
JANE AINSWORTH	VICE CHAIR	1.00	Officer Director	$0	$0	$0
FRANK ASHLEY	CHAIR	1.00	Officer Director	$0	$0	$0
BROOKS BASS	DIRECTOR	1.00	Director	$0	$0	$0
BRAD BEERS	SECRETARY	1.00	Officer Director	$0	$0	$0
DEMETRESS HARRELL	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT UPCHURCH	DIRECTOR	1.00	Director	$0	$0	$0
INDIRA VISHNAMPET	DIRECTOR	1.00	Director	$0	$0	$0
GARY WHITLOCK	DIRECTOR	1.00	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
2025	No data	No data	No data	No data
2024	$174,825,182	$186,546,179	$192,589,806	$-11,720,997
2023	$166,157,705	$175,786,573	$180,527,464	$-9,628,868
2022	$167,956,293	$168,403,906	$200,089,113	$-447,613
2021	$154,307,235	$163,226,516	$212,829,145	$-8,919,281
2020	$157,431,138	$155,536,844	$211,586,461	$1,894,294
2019	$161,548,553	$164,430,510	$182,280,040	$-2,881,957
2018	$205,586,570	$206,490,310	$149,962,218	$-903,740

MEMORIAL HEALTH SYSTEM OF EAST TEXAS