Nonprofit · EIN 62-1112364
MEDICAL FINANCIAL SERVICES INC
Tax-exempt · MEMPHIS, TN 38120
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $92,658 | $160,830 | -$68,172 | $5,448,810 | $69,863 | $5,378,947 |
| September 30, 2024 | 990 | $202,808 | $404,065 | -$201,257 | $5,634,184 | $187,065 | $5,447,119 |
| September 30, 2023 | 990 | $585,810 | $439,785 | $146,025 | $5,986,177 | $337,801 | $5,648,376 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $92,658
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $15,881
- Salaries, compensation and benefits (total)
- $33,606
- Professional fundraising fees
- $0
- Legal fees
- $6,110
- Occupancy
- $70,967
- Depreciation
- $2,159
- Program services (functional)
- $128,665
- Management and general (functional)
- $32,165
Balance sheet and other
- Total assets, start of year
- $5,634,184
- Total assets, end of year
- $5,448,810
- Total liabilities, end of year
- $69,863
- Net assets, end of year
- $5,378,947
- Land, buildings and equipment
- $10,872
- Net assets without donor restrictions
- $5,378,947
- Gross receipts
- $92,658
- Employees
- 1
- Volunteers
- 0
- Year formed
- 1982
- 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 |
|---|---|---|---|---|---|
| JASON M LITTLE | PRESIDENT/DIRECTOR Trustee or director, Officer | 0.1 | $0 | $3,797,655 | $116,295 |
| GREGORY M DUCKETT | DIRECTOR Trustee or director | 0.23 | $0 | $1,667,844 | $92,287 |
| GARY C ANDERSON | VICE PRESIDENT/DIRECTOR Trustee or director, Officer | 0.1 | $0 | $1,674,623 | $85,263 |
| KIMBERLY O YOUNG | SECRETARY/DIRECTOR Trustee or director, Officer | 0.1 | $0 | $1,130,258 | $85,861 |
| PAUL D DEPRIEST MD | FORMER VICE PRESIDENT Former | 0 | $0 | $714,560 | $0 |
| WILLIAM A GRIFFIN | FORMER SECRETARY Former | 0 | $0 | $538,737 | $0 |
| CLAUDE VINSON | FORMER EXECUTIVE DIRECTOR Former | 0 | $0 | $131,859 | $42,360 |
990 for the year ended September 30, 2024: 7 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JASON M LITTLE | PRESIDENT/DIRECTOR Trustee or director, Officer | 0.1 | $0 | $3,046,996 | $108,222 |
| PAUL D DEPRIEST MD | FORMER VICE PRESIDENT Former | 0 | $0 | $2,071,866 | $85,100 |
| WILLIAM A GRIFFIN | SECRETARY/DIRECTOR (THRU 10/23) Trustee or director, Officer | 0.1 | $0 | $1,314,415 | $66,668 |
| GREGORY M DUCKETT | DIRECTOR Trustee or director | 0.23 | $0 | $1,256,183 | $90,318 |
| GARY C ANDERSON | VICE PRESIDENT/DIRECTOR Trustee or director, Officer | 0.1 | $0 | $1,212,139 | $88,606 |
| KIMBERLY O YOUNG | SECRETARY/DIRECTOR (AS OF 11/23) Trustee or director, Officer | 0.1 | $0 | $572,539 | $47,942 |
| CLAUDE VINSON | FORMER EXECUTIVE DIRECTOR Former | 0 | $0 | $141,351 | $39,130 |
990 for the year ended September 30, 2023: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JASON M LITTLE | PRESIDENT/DIRECTOR Trustee or director, Officer | 0.1 | $0 | $2,357,357 | $99,285 |
| PAUL D DEPRIEST MD | VICE PRESIDENT/DIRECTOR (THRU 08/23) Trustee or director, Officer | 0.1 | $0 | $1,407,602 | $87,814 |
| WILLIAM A GRIFFIN | SECRETARY/DIRECTOR Trustee or director, Officer | 0.1 | $0 | $1,190,725 | $67,371 |
| GREGORY M DUCKETT | DIRECTOR Trustee or director | 0.23 | $0 | $1,120,752 | $82,097 |
| GARY C ANDERSON | VICE PRESIDENT/DIR. (AS OF 09/23) Trustee or director, Officer | 0.1 | $0 | $1,062,887 | $83,871 |
| CLAUDE VINSON | FORMER EXECUTIVE DIRECTOR Former | 0 | $95,131 | $35,365 | $36,437 |
Address and contacts
- Address (IRS master file)
- 350 N HUMPHREYS BLVD, MEMPHIS, TN 38120-2177
- Principal officer (990 for 2024)
- JASON M LITTLE, 350 N HUMPHREYS BLVD, MEMPHIS, TN 38120
- Signed the 990
- JASON M LITTLE, PRESIDENT
- Phone
- (901) 821-7163
- Return prepared by
- DELOITTE TAX LLP
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.
Program accomplishments
- MEDICAL FINANCIAL SERVICES, INC. PROVIDES COLLECTION SERVICES FOR BAPTIST MEMORIAL HEALTH CARE CORPORATION OWNED OR MANAGED FACILITIES IN THE MEMPHIS METRO AREA. THIS ELIMINATES THE NEED FOR IN-HOUSE COLLECTION PERSONNEL, ALLOWING THESE RESOURCES TO BE USED IN THE PATIENT-CARE FUNCTION. THESE SERVICES ARE PERFORMED AT A LOWER COST THAN TAXABLE FOR-PROFIT COLLECTION AGENCIES, ENABLING THE HOSPITALS WITHIN THE BAPTIST MEMORIAL HEALTH CARE SYSTEM TO REINVEST THE SAVINGS INTO IMPROVING THE QUALITY OF AND LOWERING THE COST OF HEALTH CARE IN THE COMMUNITIES SERVED.Expenses $128,665 · revenue $92,658
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
- 62-1112364
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1982
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E21Z)
- Assets (IRS master file)
- $5,448,810
- Income (IRS master file)
- $92,658
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $92,658 | $160,830 | $5,448,810 | XML |
| 990 | September 2024 | $202,808 | $404,065 | $5,634,184 | XML |
| 990 | September 2023 | $585,810 | $439,785 | $5,986,177 | XML |
| 990 | September 2022 | $1,425,739 | $1,694,414 | $6,087,395 | 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 62-1112364).
Questions about MEDICAL FINANCIAL SERVICES INC
- What is the EIN of MEDICAL FINANCIAL SERVICES INC?
- The employer identification number (EIN) of MEDICAL FINANCIAL SERVICES INC is 62-1112364.
- Is MEDICAL FINANCIAL SERVICES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
- Are donations to MEDICAL FINANCIAL SERVICES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does MEDICAL FINANCIAL SERVICES 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 MEDICAL FINANCIAL SERVICES 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 MEDICAL FINANCIAL SERVICES 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 MEDICAL FINANCIAL SERVICES INC?
- The 990 for the year ended September 30, 2025 names JASON M LITTLE.
- Who are the officers and directors of MEDICAL FINANCIAL SERVICES INC?
- The 990 for the year ended September 30, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does MEDICAL FINANCIAL SERVICES INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $92,658, expenses of $160,830 and total assets of $5,448,810 at year end.
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- METHODIST LEBONHEUR HEALTHCARE EIN 58-1454711 · last filed 990 for 2024
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