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Filing year 2023

MEMORIAL HEALTH CARE SYSTEM FOUNDATION INC

Chattanooga, Tennessee·EIN 62-1839548·3
Total revenue
$11M
Total assets
$21.8M
Total expenses
$5.2M
Reported officers
32
Mission

MEMORIAL HEALTH CARE SYSTEM FOUNDATION INC'S SOLE PURPOSE IS TO RAISE FUNDS AND AWARENESS FOR MEMORIAL HEALTH CARE SYSTEM ("MHCS"). FUNDS RAISED ALLOW MHCS TO EXTEND ITS MISSION FURTHER INTO THE COMMUNITY.

Executive compensation

Form 990 · Schedule J · 10 reported individuals · Filing year 2023

Sr Vp/former CFO
$110k
$120k
Ex-officio/market CEO
$57k
$62k
Former Officer
former officer/director/trustee
$57k
$62k
Board Member
board member
$55k
$60k
Board Member
board member
$47k
$51k
Ex-officio/chief Development Officer
board member
$46k
$51k
Exofficio Sr VP of Operations Se Division
vice president
$40k
$43k
Former Market CFO
former officer/director/trustee
$33k
$37k
Board Member
board member
$33k
$36k

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 22 unpaid individuals.

Up 4%
from 2022

From $106k in 2022 to $110k in 2023.

$106k
2022
$110k
2023
In today's dollarsEst.
Down 1% in real terms$121k to $120k

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

MEMORIAL HEALTH CARE SYSTEM FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$5.5M
$3.9M
2022
$11M
$5.2M
2023
Total revenue and total expenses from IRS Form 990 filings.
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