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Filing year 2023

LEXMED INC

Lexington, South Carolina·EIN 57-0874078·NTEE E91 · Health Care·501(c)(3)
Total revenue
$36.5M
Total assets
$21.2M
Total expenses
$41M
Reported officers
14
Mission

TO PROMOTE AND FACILITATE THE PROVISION OF CONGREGRATE CARE, NURSING, AND OPERATE HEALTH CARE RELATED FACILITIES FOR THE AGED IN LEXINGTON COUNTY, SOUTH CAROLINA AND THE SURROUNDING AREAS.

Executive compensation

Form 990 · Part VII & Schedule J · 10 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Health Care organizations in South Carolina.

President/ceo
Key Employee
Above 90th percentilevs Health Care peers nationwide
$912k
$996k
Sr Vice President/cfo
Key Employee
25th percentile to medianvs Health Care peers nationwide
$215k
$235k
General Counsel Srvp
Key Employee
25th percentile to medianvs Health Care peers nationwide
$156k
$171k
Physican
Highest Compensated Employee
Below 10th percentile
$88k
$96k
Physican
Highest Compensated Employee
Below 10th percentile
$88k
$96k
Physican
Highest Compensated Employee
Below 10th percentile
$88k
$96k
Physican
Highest Compensated Employee
Below 10th percentile
$88k
$96k
Medical Director
Board Member
Median to 75th percentilevs Health Care peers nationwide
$87k
$95k
Physican
Highest Compensated Employee
Below 10th percentile
$87k
$95k
VP for Extended Care
Board Vice President
25th percentile to medianvs Health Care peers nationwide
$77k
$84k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 4 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at LEXMED INC equaled 2% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2023)
2%
Sector median
4%
Middle half of sector
1% to 13%

Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 61%
from 2022

From $567k in 2022 to $912k in 2023.

$567k
2022
$912k
2023
In today's dollarsEst.
Up 54% in real terms$648k to $996k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Key Employee pay rose 266% from 2022 to 2023, while revenue rose 4%.

$249k in 2022 to $912k in 2023.
  • Highest Compensated Employee pay rose 12% from 2022 to 2023.
  • Board Member pay rose 50% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about LEXMED INC

What does the Key Employee of LEXMED INC earn?

In 2023, the Key Employee of LEXMED INC received $911,672 in total compensation. This pay is in the top 10% for Key Employee roles among Health Care organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Key Employee pay at LEXMED INC compare with similar nonprofits?

Compared with the same role at Health Care organizations nationwide, the 2023 pay of the Key Employee at LEXMED INC falls in the top 10%. In 2023, the highest total compensation at LEXMED INC equaled 2% of the organization's total expenses. The median for health care organizations is 4%.

What are LEXMED INC's revenue and expenses?

In 2023, LEXMED INC reported $36.5M in total revenue and $41M in total expenses on its IRS Form 990.

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