Nonprofit · EIN 45-2832975
MEMPHIS LUNG PHYSICIANS FOUNDATION INC
Tax-exempt · MEMPHIS, TN 38120
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $16,369,248 | $23,650,299 | -$7,281,051 | $7,528,942 | $48,870,435 | -$41,341,493 |
| September 30, 2024 | 990 | $16,993,063 | $23,152,035 | -$6,158,972 | $7,774,939 | $41,835,381 | -$34,060,442 |
| September 30, 2023 | 990 | $14,816,791 | $21,149,767 | -$6,332,976 | $8,518,999 | $36,420,469 | -$27,901,470 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $94,874
- Program service revenue
- $16,274,249
- Investment income
- $125
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $3,138,968
- Other salaries and wages
- $15,145,214
- Salaries, compensation and benefits (total)
- $20,705,371
- Professional fundraising fees
- $0
- Occupancy
- $600,691
- Travel
- $25,461
- Depreciation
- $257,254
- Program services (functional)
- $22,205,070
- Management and general (functional)
- $1,445,229
Balance sheet and other
- Total assets, start of year
- $7,774,939
- Total assets, end of year
- $7,528,942
- Total liabilities, end of year
- $48,870,435
- Net assets, end of year
- -$41,341,493
- Land, buildings and equipment
- $1,591,801
- Net assets without donor restrictions
- -$41,341,493
- Gross receipts
- $16,369,248
- Employees
- 116
- Volunteers
- 0
- Year formed
- 2011
- State of legal domicile
- TN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| GREGORY M DUCKETT | SECRETARY Officer | 0.04 | $0 | $1,667,844 | $92,287 |
| KIMBERLY O YOUNG | FORMER CFO Former | 0 | $0 | $1,130,258 | $85,861 |
| EDWIN P CADE | DIRECTOR Trustee or director | 0.04 | $0 | $800,163 | $107,836 |
| TODD M HENDERSON MD | PHYSICIAN/DIRECTOR Trustee or director | 40 | $773,813 | $0 | $83,922 |
| ISTVAN WOLLAK MD | PHYSICIAN Highest-paid employee | 40 | $729,441 | $0 | $100,386 |
| OBAID U AWAN MD | PHYSICIAN Highest-paid employee | 40 | $738,704 | $0 | $59,388 |
| ALI AZIM | PHYSICIAN Highest-paid employee | 40 | $734,919 | $0 | $59,443 |
| SYED H SHIRAZEE MD | PHYSICIAN Highest-paid employee | 40 | $758,959 | $0 | $26,521 |
| KENNETH A OKPOR MD | VP (AS OF 01/25)/PHYSICIAN/DIRECTOR Trustee or director | 40 | $689,580 | $0 | $75,947 |
| ANURAG MEHROTRA MD | PHYSICIAN Highest-paid employee | 40 | $690,058 | $0 | $64,038 |
| MUHAMMAD SHEIKH MD | PHYSICIAN/DIRECTOR Trustee or director | 40 | $644,056 | $0 | $69,222 |
| JEFFREY WRIGHT MD | PRESIDENT/DIRECTOR Trustee or director, Officer | 39.54 | $627,154 | $0 | $78,895 |
| JUSTIN RHODES | DIRECTOR Trustee or director | 0.04 | $0 | $534,587 | $86,505 |
| WILLIAM F THOMPSON | CFO (AS OF 06/25) Officer | 0.5 | $0 | $412,511 | $63,217 |
| JACQUELINE RYAN | CEO Officer | 40 | $0 | $208,230 | $55,435 |
2 more people on this return
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MICHAEL D WILONS MD | VICE PRESIDENT/DIRECTOR (THRU 12/24) Trustee or director, Officer | 40 | $197,688 | $0 | $56,939 |
| ANDREW D JETER | CFO (THRU 01/25) Officer | 0.5 | $0 | $199,215 | $43,483 |
990 for the year ended September 30, 2024: 18 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| GREGORY M DUCKETT | SECRETARY Officer | 0.04 | $0 | $1,256,183 | $90,318 |
| GARY C ANDERSON | DIRECTOR (THRU 12/23) Trustee or director | 0.04 | $0 | $1,212,139 | $88,606 |
| MARK E SWANSON MD | DIRECTOR Trustee or director | 0.04 | $0 | $1,195,822 | $24,823 |
| ISTVAN WOLLAK MD | PHYSICIAN Highest-paid employee | 40 | $688,335 | $0 | $90,618 |
| TODD M HENDERSON MD | PHYSICIAN/DIRECTOR Trustee or director | 40 | $680,792 | $0 | $89,523 |
| OBAID U AWAN MD | PHYSICIAN Highest-paid employee | 40 | $716,030 | $0 | $44,193 |
| GEORGE WILLIAMS MD | PHYSICIAN Highest-paid employee | 40 | $691,339 | $0 | $55,997 |
| ANURAG MEHROTRA MD | PHYSICIAN Highest-paid employee | 40 | $680,397 | $0 | $66,104 |
| KENNETH A OKPOR MD | PHYSICIAN/DIRECTOR Trustee or director | 40 | $667,120 | $0 | $75,814 |
| EDWIN P CADE | DIRECTOR (AS OF 01/24) Trustee or director | 0.04 | $0 | $617,508 | $105,548 |
| GEORGE M HINNANT | PHYSICIAN Highest-paid employee | 40 | $636,512 | $0 | $58,349 |
| MUHAMMAD SHEIKH MD | PHYSICIAN/DIRECTOR Trustee or director | 40 | $597,536 | $0 | $68,517 |
| JEFFREY WRIGHT MD | PRESIDENT/DIRECTOR Trustee or director, Officer | 39.77 | $579,228 | $0 | $73,204 |
| KIMBERLY O YOUNG | FORMER CFO Former | 0 | $0 | $572,539 | $47,942 |
| JUSTIN RHODES | DIRECTOR (AS OF 01/24) Trustee or director | 0.04 | $0 | $441,335 | $84,677 |
| MICHAEL D WILONS MD | VICE PRESIDENT/DIRECTOR Trustee or director, Officer | 40 | $194,597 | $0 | $69,205 |
| JACQUELINE RYAN | CEO Officer | 40 | $0 | $182,452 | $62,227 |
| ANDREW D JETER | CFO Officer | 0.5 | $0 | $187,549 | $43,316 |
990 for the year ended September 30, 2023: 18 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| PAUL D DEPRIEST MD | DIRECTOR (THRU 08/23) Trustee or director | 0.04 | $0 | $1,407,602 | $87,814 |
| GREGORY M DUCKETT | SECRETARY Officer | 0.04 | $0 | $1,120,752 | $82,097 |
| GARY C ANDERSON | DIRECTOR (AS OF 09/23) Trustee or director | 0.04 | $0 | $1,062,887 | $83,871 |
| MARK E SWANSON MD | DIRECTOR Trustee or director | 0.04 | $0 | $1,000,668 | $21,797 |
| TODD M HENDERSON MD | PHYSICIAN/DIRECTOR Trustee or director | 39.77 | $785,496 | $0 | $76,855 |
| KENNETH A OKPOR MD | PHYSICIAN/DIRECTOR Trustee or director | 40 | $694,429 | $0 | $93,427 |
| ISTVAN WOLLAK MD | PHYSICIAN Highest-paid employee | 40 | $665,722 | $0 | $84,370 |
| ANURAG MEHROTRA MD | PHYSICIAN Highest-paid employee | 40 | $714,292 | $0 | $26,473 |
| MUHAMMAD SHEIKH MD | PHYSICIAN/DIRECTOR Trustee or director | 40 | $679,972 | $0 | $51,400 |
| GEORGE WILLIAMS MD | PHYSICIAN Highest-paid employee | 40 | $689,753 | $0 | $36,853 |
| JEFFREY WRIGHT MD | PRESIDENT/DIRECTOR Trustee or director, Officer | 39.77 | $622,870 | $0 | $80,095 |
| OBAID U AWAN MD | PHYSICIAN Highest-paid employee | 40 | $658,361 | $0 | $41,166 |
| GEORGE M HINNANT MD | PHYSICIAN Highest-paid employee | 40 | $654,693 | $0 | $32,595 |
| KIMBERLY O YOUNG | FORMER CFO Former | 0 | $0 | $470,223 | $44,046 |
| MICHAEL D WILONS MD | VICE PRESIDENT/DIRECTOR Trustee or director, Officer | 40 | $245,703 | $0 | $79,853 |
| ANDREW D JETER | CFO Officer | 0.5 | $0 | $193,723 | $41,491 |
| JACQUELINE RYAN | CEO (AS OF 10/22) Officer | 40 | $0 | $171,714 | $58,579 |
| JUI LOCK | FORMER CEO Former | 0 | $118,678 | $0 | $21,933 |
Address and contacts
- Address (IRS master file)
- 350 N HUMPHREYS BLVD, MEMPHIS, TN 38120-2177
- In care of
- % BAPTIST MEMORIAL HEALTH CARE CORP
- Principal officer (990 for 2024)
- JEFFREY WRIGHT MD, 350 N HUMPHREYS BLVD, MEMPHIS, TN 38120
- Signed the 990
- JASON M LITTLE, PRESIDENT
- Phone
- (901) 767-5864
- Website
- WWW.MEMPHISLUNG.COM
- Return prepared by
- DELOITTE TAX LLP
Mission
MEMPHIS LUNG PHYSICIANS FOUNDATION, INC. PROVIDES QUALITY MEDICAL HEALTH CARE REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, HANDICAP, OR AGE. MEMPHIS LUNG PHYSICIANS FOUNDATION, INC. SPECIALIZES IN PULMONARY, CRITICAL CARE AND SLEEP MEDICINE.
Program accomplishments
- MEMPHIS LUNG PHYSICIANS FOUNDATION, INC. PROVIDES QUALITY MEDICAL HEALTH CARE REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, HANDICAP, OR AGE. MEMPHIS LUNG PHYSICIANS FOUNDATION, INC. SPECIALIZES IN PULMONARY, CRITICAL CARE AND SLEEP MEDICINE. IN ADDITION TO CRITICAL CARE, WE FOCUS ON THE DIAGNOSIS AND TREATMENT OF ACUTE RESPIRATORY DISTRESS, CHRONIC OBSTRUCTIVE PULMONARY DISEASE, ASTHMA, CYSTIC FIBROSIS, LUNG CANCER, OBSTRUCTIVE SLEEP APNEA AND OTHER PULMONARY DISEASES AND CONDITIONS. ALTHOUGH REIMBURSEMENT FOR SERVICES IS CRITICAL TO THE OPERATION AND STABILITY OF MEMPHIS LUNG PHYSICIANS FOUNDATION, INC., IT IS RECOGNIZED THAT NOT ALL INDIVIDUALS POSSESS THE ABILITY TO PURCHASE HEALTH CARE SERVICES AND HEALTH CARE EDUCATION. THEREFORE, IN KEEPING WITH ITS COMMITMENT TO SERVE ALL MEMBERS OF ITS COMMUNITY, MEMPHIS LUNG PHYSICIANS FOUNDATION, INC. PROVIDES THE FOLLOWING: - FREE CARE AND/OR SUBSIDIZED CARE WHERE THE NEED AND/OR AN INDIVIDUAL'S INABILITY TO PAY COEXIST, - CARE PROVIDED TO PERSONS COVERED BY GOVERNMENTAL PROGRAMS AT BELOW COST, AND - HEALTH ACTIVITIES AND PROGRAMS TO SUPPORT THE COMMUNITY. MEMPHIS LUNG PHYSICIANS FOUNDATION, INC. HAS HAD A LONG HISTORY OF WORKING WITH BAPTIST MEMORIAL HEALTH CARE CORPORATION AND RELATED ENTITIES. MEMPHIS LUNG PHYSICIANS FOUNDATION, INC. HAS PLAYED A MAJOR ROLE IN DEVELOPING NATIONALLY RECOGNIZED INTENSIVE CARE SERVICES AT THE BAPTIST MEMORIAL HOSPITALS AND DEVELOPING SLEEP MEDICINE SERVICES THAT ARE OFFERED BY THE HOSPITALS. PHYSICIANS AT MEMPHIS LUNG PHYSICIANS FOUNDATION, INC. HAVE WORKED TO IMPROVE THE OUTCOMES OF PATIENTS IN THE BAPTIST MEMORIAL HOSPITALS' INTENSIVE CARE UNITS BY DECREASING HOSPITAL ACQUIRED INFECTIONS COMMON TO INTENSIVE CARE PATIENTS.Expenses $22,205,070 · revenue $16,274,249
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 45-2832975
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Hospital or medical research organization
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E32)
- Assets (IRS master file)
- $7,528,942
- Income (IRS master file)
- $16,369,248
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $16,369,248 | $23,650,299 | $7,528,942 | XML |
| 990 | September 2024 | $16,993,063 | $23,152,035 | $7,774,939 | XML |
| 990 | September 2023 | $14,816,791 | $21,149,767 | $8,518,999 | XML |
| 990 | September 2022 | $15,360,647 | $21,621,475 | $8,261,037 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-2832975).
Questions about MEMPHIS LUNG PHYSICIANS FOUNDATION INC
- What is the EIN of MEMPHIS LUNG PHYSICIANS FOUNDATION INC?
- The employer identification number (EIN) of MEMPHIS LUNG PHYSICIANS FOUNDATION INC is 45-2832975.
- Is MEMPHIS LUNG PHYSICIANS FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to MEMPHIS LUNG PHYSICIANS FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MEMPHIS LUNG PHYSICIANS FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MEMPHIS LUNG PHYSICIANS FOUNDATION INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MEMPHIS LUNG PHYSICIANS FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of MEMPHIS LUNG PHYSICIANS FOUNDATION INC?
- The 990 for the year ended September 30, 2025 names JEFFREY WRIGHT MD.
- Who are the officers and directors of MEMPHIS LUNG PHYSICIANS FOUNDATION INC?
- The 990 for the year ended September 30, 2025 lists 17 people; 10 received compensation from the organization.
- How much revenue does MEMPHIS LUNG PHYSICIANS FOUNDATION INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $16,369,248, expenses of $23,650,299 and total assets of $7,528,942 at year end.
Other nonprofits in MEMPHIS
- ST JUDE CHILDRENS RESEARCH HOSPITAL INC EIN 62-0646012 · last filed 990 for 2025
- METHODIST HEALTHCARE-MEMPHIS EIN 62-0479367 · last filed 990 for 2024
- BAPTIST MEMORIAL HOSPITAL EIN 62-0123940 · last filed 990 for 2025
- SHELBY COUNTY HEALTH CARE CORPORATION EIN 62-1113169 · last filed 990 for 2025
- METHODIST LEBONHEUR HEALTHCARE EIN 58-1454711 · last filed 990 for 2024
- BAPTIST MEMORIAL HEALTH CARE CORPORATION EIN 58-1521475 · last filed 990 for 2025
- BAPTIST MEMORIAL HOSPITAL - JONESBORO INC EIN 26-1214372 · last filed 990 for 2025
- BAPTIST MEMORIAL MEDICAL GROUP INC EIN 62-1545731 · last filed 990 for 2025