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Nonprofit · EIN 64-0889822

METHODIST HEALTHCARE-OLIVE BRANCH HOSPITAL

Tax-exempt (reinstated) · MEMPHIS, TN 38104

Financials

$106.1M$110.8M2023$110.2M$113.3M2024
Revenue Expenses · by fiscal year end
Financials of METHODIST HEALTHCARE-OLIVE BRANCH HOSPITAL by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990 (amended)$110,204,871$113,344,271-$3,139,400$117,979,597$38,529,940$79,449,657
December 31, 2023990$106,100,300$110,763,881-$4,663,581$86,025,512$1,178,574$84,846,938
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$109,835,647
Investment income
$0
Net rental income
$3,467
Other revenue
$369,224

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$442,240
Other salaries and wages
$32,010,358
Salaries, compensation and benefits (total)
$39,948,630
Professional fundraising fees
$0
Accounting fees
$20,179
Occupancy
$1,014,831
Travel
$8,505
Depreciation
$6,615,810
Program services (functional)
$104,786,846
Management and general (functional)
$8,557,425

Balance sheet and other

Total assets, start of year
$86,025,512
Total assets, end of year
$117,979,597
Total liabilities, end of year
$38,529,940
Net assets, end of year
$79,449,657
Land, buildings and equipment
$65,275,529
Net assets without donor restrictions
$79,449,657
Gross receipts
$110,204,871
Employees
646
Volunteers
1
Year formed
1998
State of legal domicile
MS

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
David BaytosPRESIDENT/CEO
Trustee or director, Officer
46$0$488,293$58,980
Kris SandersTREASURER
Officer
40$230,719$0$70,323
Annelise JensenVP/CNO
Officer
40$211,521$0$57,400
Jennifer WeaverPHARMACIST
Highest-paid employee
40$173,805$0$49,107
Amanda LaBudaClinical Pharmacist
Highest-paid employee
40$160,733$0$35,267
Musa CeesayClinical Pharmacist
Highest-paid employee
40$143,840$0$50,870
Pamela HuntManager - Pharmacy
Highest-paid employee
40$139,751$0$31,177
Jose LopezDirector - Radiology/Cath Lab
Highest-paid employee
40$140,989$0$24,458
Merle FlowersChair
Trustee or director, Officer
1$0$0$0
Samuel P RikardSECRETARY
Trustee or director, Officer
1$0$0$0
Jamie SteenBoard Member
Trustee or director
1$0$0$0
Lee SmartBoard Member
Trustee or director
1$0$0$0
Michael BellipanniBoard Member
Trustee or director
1$0$0$0
Patt DorrBoard Member
Trustee or director
1$0$0$0
Rev Keith MasonBoard Member
Trustee or director
1$0$0$0
1 more people on this return
NameTitleHours / weekCompensation
Tim DonovanBoard Member
Trustee or director
1$0
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
David BaytosPRESIDENT/CEO
Trustee or director, Officer
46$0$455,979$26,703
Annelise JensenVP/CNO
Officer
40$250,652$0$32,696
Kris SandersTREASUER
Officer
40$201,436$0$34,931
Regina StevensPatient Care Coord/Fixed
Highest-paid employee
40$185,716$0$24,612
Jennifer WeaverPHARMACIST
Highest-paid employee
40$171,485$0$35,999
Allison MeredithPHARMACIST
Highest-paid employee
40$155,594$0$35,217
Musa CeesayClinical Pharmacist
Highest-paid employee
40$163,135$0$18,519
Margaret WallacePHARMACIST
Highest-paid employee
40$71,649$0$6,308
Merle FlowersChair
Trustee or director, Officer
1$0$0$0
Samuel P RikardSECRETARY
Trustee or director, Officer
1$0$0$0
Jamie SteenBoard Member
Trustee or director
1$0$0$0
Lee SmartBoard Member
Trustee or director
1$0$0$0
Michael BellipanniBoard Member
Trustee or director
1$0$0$0
Patt DorrBoard Member
Trustee or director
1$0$0$0
Rev Keith MasonBoard Member
Trustee or director
1$0$0$0
Tim DonovanBoard Member
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
1211 UNION AVE SUITE 900, MEMPHIS, TN 38104-6638
Principal officer (990 for 2024)
DAVID BAYTOS, 4250 BETHEL RD, OLIVE BRANCH, MS 38654
Signed the 990
David Baytos, President/CEO
Phone
(901) 516-0563
Return prepared by
Forvis Mazars LLP

Mission

Methodist Le Bonheur Healthcare, in partnership with its medical staffs, will collaborate with patients and their families to be the leader in providing high quality, cost-effective patient-and family-centered care. Services will be provided in a manner which supports the health ministries and social principles of the United Methodist Church to benefit the communities we serve.

990 for the year ended December 31, 2024

Program accomplishments

  • METHODIST HEALTHCARE-OLIVE BRANCH HOSPITAL (OBH) IS THE NEWEST HOSPITAL IN THE METHODIST LE BONHEUR HEALTHCARE SYSTEM, DESIGNED TO CARE FOR THE COMMUNITY OF NORTH MISSISSIPPI. THE FIVE-STORY, 100-BED HOSPITAL OPENED IN 2013 AND FEATURES AN INNOVATIVE, ENVIRONMENTALLY FRIENDLY DESIGN. IN 2024 MLH CONTRIBUTED MORE THAN $268 MILLION IN COMMUNITY BENEFIT TO MEMPHIS AND THE MID-SOUTH THROUGH VARIOUS EFFORTS INCLUDING, CHARITY CARE, MEDICARE/TNCARE SHORTFALL, MEDICAL EDUCATION, AND COMMUNITY HEALTH IMPROVEMENT SERVICES. NET COMMUNITY BENEFIT EXPENSE IS CALCULATED USING A STANDARD APPROACH AS REQUIRED FOR GOVERNMENT BENEFIT REPORTING. METHODIST LE BONHEUR HEALTHCARE (MLH) HAS SERVED THE MEMPHIS AND MID-SOUTH REGION FOR MORE THAN 100 YEARS. OUR FIVE ADULT HOSPITALS ARE LOCATED ACROSS THE CITY AND ARE PART OF THE COMMUNITIES THEY SERVE. OUR CHILDREN'S HOSPITAL IS THE REGION'S ONLY COMPREHENSIVE PEDIATRIC HOSPITAL. OUR PHYSICIANS, NURSES AND OTHER CLINICIANS LIVE IN THE COMMUNITIES THAT THEY SERVE AND PROVIDE EXPERT CARE INSIDE THE HOSPITALS AND PREVENTATIVE SERVICES IN THEIR NEIGHBORHOODS. OUR ORGANIZATION IS COMMITTED TO IMPROVING THE HEALTH AND WELL-BEING OF THE COMMUNITIES WE SERVE, PROVIDING UNCOMPENSATED CARE, CHARITABLE CONTRIBUTIONS TO OTHER COMMUNITY ORGANIZATIONS AND COMMUNITY OUTREACH. WE EMPLOY 250 HEALTH CARE PROFESSIONALS TO ADDRESS COMMUNITY NEEDS AS THEY RELATE TO FOUR MAJOR AREAS: ACCESS TO SERVICES, RISK REDUCTION, CHILD DEVELOPMENT AND EFFECTIVE PARENTING AND CHRONIC ILLNESS MANAGEMENT AND PREVENTION. EXAMPLES INCLUDE PROGRAMS THAT OFFER FREE OR DISCOUNTED PRESCRIPTION DRUGS, NONBILLED, IN-HOME SERVICES, IN-HOME EQUIPMENT, TRANSPORTATION VOUCHERS, CHILDBIRTH CLASSES AND A VARIETY OF HEALTH FAIRS ALL AIMED AT KEEPING OUR COMMUNITIES HEALTHY. MLH HAS RECEIVED REGIONAL AND NATIONAL RECOGNITION FOR THE CARE IT PROVIDES. METHODIST ADULT HOSPITALS IN THE MEMPHIS AREA, WHICH INCLUDE METHODIST UNIVERSITY, METHODIST LE BONHEUR GERMANTOWN, METHODIST NORTH AND METHODIST SOUTH, ARE RANKED AS A TOP HOSPITAL IN THE REGION BY U.S. NEWS & WORLD REPORT. IN 2024, METHODIST OLIVE BRANCH HOSPITAL IN NORTH MISSISSIPPI BECAME A CMS 5-STAR HOSPITAL, THE ONLY HOSPITAL IN THE REGION TO BE SO RECOGNIZED FOR BOTH QUALITY AND PATIENT EXPERIENCE. LE BONHEUR CHILDREN'S HOSPITAL HAS BEEN NAMED A "BEST CHILDREN'S HOSPITAL" BY U.S. NEWS & WORLD REPORT FOR ELEVEN/11 CONSECUTIVE YEARS. LE BONHEUR PROVIDES OUTPATIENT SERVICES IN WEST TENNESSEE, NORTHERN MISSISSIPPI AND EASTERN ARKANSAS TO ENSURE CHILDRE THERE HAVE ACCESS TO EXPERT PEDIATRIC CARE. LE BONHEUR IS ALSO A LEVEL 1 PEDIATRIC TRAUMA CENTER, AND SERVES AS THE REGION'S PRIMARY SOURCE FOR PEDIATRIC TRAUMA CARE AND TRAUMA EDUCATION FOR REGIONAL PROVIDERS. METHODIST ALSO SERVES THE COMMUNITY WITH DIAGNOSTIC CARE FACILITIES IN THE COMMUNITIES WE SERVE AND ONE HOSPICE FACILITY COMMITTED TO CARING FOR OUR PATIENTS AT END-OF-LIFE. WE ARE ALSO AN ECONOMIC DRIVER FOR THE COMMUNITY, CONTRIBUTING $5 BILLION TO THE MEMPHIS-AREA ECONOMY. MLH EMPLOYS MORE THAN 10,600 ASSOCIATES AND HAS A MEDICAL STAFF OF MORE THAN 2,400 PROVIDERS, MAKING IT THE SECOND-LARGEST PRIVATE EMPLOYER IN SHELBY COUNTY.
    Expenses $104,786,846 · revenue $109,835,647

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
64-0889822
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
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E22)
Assets (IRS master file)
$117,979,597
Income (IRS master file)
$110,204,871

Revocation and reinstatement

Exemption revoked
May 15, 2010
Posted by the IRS
June 17, 2014
Reinstated
Effective April 15, 2013

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$110,204,871$113,344,271$117,979,597IRS
990December 2023$106,100,300$110,763,881$86,025,512XML
990December 2022$92,240,588$103,997,833$89,388,287IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 64-0889822).

Questions about METHODIST HEALTHCARE-OLIVE BRANCH HOSPITAL

What is the EIN of METHODIST HEALTHCARE-OLIVE BRANCH HOSPITAL?
The employer identification number (EIN) of METHODIST HEALTHCARE-OLIVE BRANCH HOSPITAL is 64-0889822.
Is METHODIST HEALTHCARE-OLIVE BRANCH HOSPITAL tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2010 and reinstated it effective April 15, 2013.
Are donations to METHODIST HEALTHCARE-OLIVE BRANCH HOSPITAL tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does METHODIST HEALTHCARE-OLIVE BRANCH HOSPITAL 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 METHODIST HEALTHCARE-OLIVE BRANCH HOSPITAL due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did METHODIST HEALTHCARE-OLIVE BRANCH HOSPITAL last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of METHODIST HEALTHCARE-OLIVE BRANCH HOSPITAL?
The 990 for the year ended December 31, 2024 names DAVID BAYTOS.
Who are the officers and directors of METHODIST HEALTHCARE-OLIVE BRANCH HOSPITAL?
The 990 for the year ended December 31, 2024 lists 16 people; 7 received compensation from the organization.
How much revenue does METHODIST HEALTHCARE-OLIVE BRANCH HOSPITAL have?
On its 990 for the year ended December 31, 2024 it reported revenue of $110,204,871, expenses of $113,344,271 and total assets of $117,979,597 at year end.

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