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Filing year 2023

MEMORIAL HEALTH SYSTEMS INC

Daytona Beach, Florida·EIN 59-0973502·NTEE E20 · Health Care·501(c)(3)
Total revenue
$665.9M
Total assets
$663.5M
Total expenses
$604.3M
Reported officers
36
Mission

ADVENTIST HEALTH SYSTEM SUNBELT HEALTHCARE CORPORATION AND ALL ITS SUBSIDIARY ORGANIZATIONS WERE ESTABLISHED BY THE SEVENTH-DAY ADVENTIST CHURCH TO BRING A MINISTRY OF HEALING AND HEALTH TO THE COMMUNITIES SERVED. OUR MISSION IS TO EXTEND THE HEALING MINISTRY OF CHRIST.THE HOSPITAL AND HEALTHCARE SYSTEM WHOSE PARENT IS ADVENTIST HEALTH SYSTEM SUNBELT HEALTHCARE CORPORATION IS KNOWN AS ADVENTHEALTH. ADVENTHEALTH SEEKS TO BE WIDELY RESPECTED AS A CONSUMER-FOCUSED ORGANIZATION THAT ENGAGES INDIVIDUALS IN THEIR HEALTH BY DELIVERING WHOLISTIC, BEST PRACTICE CARE ACROSS A CONNECTED, COMPREHENSIVE CONTINUUM OF SERVICES. WITH CHRIST AS OUR EXAMPLE, ADVENTHEALTH CARES FOR AND NURTURES PEOPLE: OUR EMPLOYEES, OUR COMMUNITIES, OUR HEALTHCARE PROFESSIONALS, AND THOSE WHO TRUST US FOR CARE AND HEALING.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 33 reported individuals · Filing year 2023

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

Ahdb Physician Advisor
Highest Compensated Employee
Median to 75th percentile
$382k
$418k
Base
$306k
Bonus
$25k
Other
$6k
Benefits
$28k
Ahdb Senior Medical Physicist & Therapy
Highest Compensated Employee
Median to 75th percentile
$324k
$354k
Base
$275k
Bonus
$6k
Other
$9k
Benefits
$19k
Senior MED Physicist Therapy
Highest Compensated Employee
Median to 75th percentile
$323k
$352k
Base
$273k
Bonus
$6k
Other
$7k
Benefits
$22k
Ahdb Chief Physicist
Highest Compensated Employee
Median to 75th percentile
$322k
$352k
Base
$250k
Bonus
$21k
Other
$4k
Benefits
$33k
Senior MED Physicist Therapy
Highest Compensated Employee
Median to 75th percentile
$318k
$348k
Base
$262k
Bonus
$5k
Other
$2k
Benefits
$35k
Dir/chair/fl East Division CEO
Median to 75th percentile
$229k
$251k
Former Officer
Former Officer/director/trustee
Median to 75th percentile
$214k
$234k
Director
Board Member
75th to 90th percentile
$205k
$224k
Dir/ah Cen Fl Div CFO
75th to 90th percentile
$188k
$205k
Dir/cfo Cfd North Reg(end 2/23)
Board Member
75th to 90th percentile
$159k
$173k
Former Key Employee
Former Officer/director/trustee
Median to 75th percentile
$142k
$155k
Cmo-hospital Facility (beg 5/23)
Key Employee
25th percentile to median
$118k
$129k
CEO - Hospital
Median to 75th percentile
$117k
$128k
Former Key Employee
Former Officer/director/trustee
25th percentile to median
$110k
$120k
Director
Board Member
Median to 75th percentile
$109k
$118k
CFO - Hospital Facility
25th percentile to median
$100k
$109k
Director
Board Member
Median to 75th percentile
$86k
$93k
Former Officer
Former Officer/director/trustee
25th percentile to median
$82k
$89k
Former Key Employee
Former Officer/director/trustee
25th percentile to median
$73k
$79k
Coo-hospital Faciity
Key Employee
10th to 25th percentile
$50k
$55k
Cno-hospital Facility
Key Employee
Below 10th percentile
$28k
$30k
Director/chief of Staff (beg 4/23)
Board Member
10th to 25th percentile
$22k
$24k
Director
Board Member
10th to 25th percentile
$18k
$20k
Cmo-hospital Facility (end 2/23)
Key Employee
Below 10th percentile
$3k
$3k
Director
Board Member
Below 10th percentile
$250
$273
Director
Board Member
Below 10th percentile
$250
$273
Director (beg 8/23)
Board Member
Below 10th percentile
$250
$273
Director (beg 8/23)
Board Member
Below 10th percentile
$250
$273
Director
Board Member
Below 10th percentile
$250
$273
Director
Board Member
Below 10th percentile
$250
$273
Director
Board Member
Below 10th percentile
$250
$273
Director
Board Member
Below 10th percentile
$250
$273
Director
Board Member
Below 10th percentile
$250
$273

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 3 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at MEMORIAL HEALTH SYSTEMS INC equaled 0.1% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2023)
0.1%
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 5%
from 2022

From $365k in 2022 to $382k in 2023.

$365k
2022
$382k
2023
In today's dollarsEst.
Roughly flat in real terms$416k to $418k

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

Highest Compensated Employee pay rose 5% from 2022 to 2023, while revenue rose 22%.

$365k in 2022 to $382k in 2023.
  • Chief Executive Officer pay rose 96% from 2022 to 2023.
  • Former Officer/director/trustee pay fell 3% 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 MEMORIAL HEALTH SYSTEMS INC

What does the Highest Compensated Employee of MEMORIAL HEALTH SYSTEMS INC earn?

In 2023, the Highest Compensated Employee of MEMORIAL HEALTH SYSTEMS INC received $382,484 in total compensation. This pay is above the median (the midpoint) for Highest Compensated Employee roles among Health Care organizations in Florida, within the top half of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at MEMORIAL HEALTH SYSTEMS INC compare with similar nonprofits?

Compared with the same role at Health Care organizations in Florida, the 2023 pay of the Highest Compensated Employee at MEMORIAL HEALTH SYSTEMS INC falls between the median and the 75th percentile. In 2023, the highest total compensation at MEMORIAL HEALTH SYSTEMS INC equaled 0.1% of the organization's total expenses. The median for health care organizations is 4%.

What are MEMORIAL HEALTH SYSTEMS INC's revenue and expenses?

In 2023, MEMORIAL HEALTH SYSTEMS INC reported $665.9M in total revenue and $604.3M in total expenses on its IRS Form 990.

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