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Filing year 2023

MEDICAL FINANCIAL SERVICES INC

Memphis, Tennessee·EIN 62-1112364·NTEE E21Z · Health Care·3
Total revenue
$203k
Total assets
$5.6M
Total expenses
$404k
Reported officers
7
Mission

MEDICAL FINANCIAL SERVICES, INC.'S MISSION IS TO PROVIDE ALL OF OUR CLIENTS A COMPREHENSIVE RANGE OF ACCOUNTS RECEIVABLE MANAGEMENT AND COLLECTION SERVICES; PROVIDE SERVICES IN THE MOST COST EFFECTIVE MANNER; DEMONSTRATE A COLLABORATIVE SPIRIT IN WORKING WITH ALL OF OUR CLIENTS; AND CONDUCT ALL OF ITS ACTIVITIES IN AN ATMOSPHERE OF CHRISTIAN INFLUENCE AND COMPASSION CONSISTENT WITH THE OVERALL MISSION OF BAPTIST MEMORIAL HEALTH CARE CORPORATION.

Executive compensation

Form 990 · Schedule J · 7 reported individuals · Filing year 2023

President/director
$108k
$118k
Director
board member
$90k
$99k
Vice President/director
$89k
$97k
Former Vice President
vice president
$85k
$93k
Secretary/director (thru 10/23)
officer (unspecified)
$67k
$73k
Secretary/director (as of 11/23)
officer (unspecified)
$48k
$52k
Former Executive Director
former officer/director/trustee
$39k
$43k

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.

Browse compensation in Health Care

Down 18%
from 2022

From $132k in 2022 to $108k in 2023.

$132k
2022
$108k
2023
In today's dollarsEst.
Down 21% in real terms$150k to $118k

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.

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

Revenue and expenses over time

MEDICAL FINANCIAL SERVICES INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$586k
$440k
2022
$203k
$404k
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Health Care executives earn in Tennessee

Comparable health care organizations in Tennessee pay their highest-earning executive a median of $149,829.

25th percentile
$63k
Median
$149,829
75th percentile
$433k
90th percentile
$1M

These are health care sector-wide figures, not this organization's reported pay. Based on 72 organizations across 72 filings (2022 – 2023).

See full Health Care pay data for Tennessee
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