Nonprofit · EIN 81-3987037
MUSC HEALTH PARTNERS
Tax-exempt · CHARLESTON, SC 29417
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $49,363,615 | $49,574,961 | -$211,346 | $9,089,906 | $8,988,945 | $100,961 |
| June 30, 2024 | 990 | $29,775,520 | $29,792,084 | -$16,564 | $3,502,877 | $3,190,570 | $312,307 |
| June 30, 2023 | 990 | $14,478,265 | $14,477,022 | $1,243 | $5,003,294 | $4,674,423 | $328,871 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $49,362,550
- Investment income
- $1,065
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $33,292,440
- Salaries, compensation and benefits (total)
- $41,868,027
- Professional fundraising fees
- $0
- Legal fees
- $3,700
- Occupancy
- $23,272
- Program services (functional)
- $49,243,447
- Management and general (functional)
- $331,514
Balance sheet and other
- Total assets, start of year
- $3,502,877
- Total assets, end of year
- $9,089,906
- Total liabilities, end of year
- $8,988,945
- Net assets, end of year
- $100,961
- Gross receipts
- $49,363,615
- Employees
- 384
- Volunteers
- 0
- Year formed
- 2016
- State of legal domicile
- SC
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Matt Severance | Director Trustee or director, Officer | 1 | $0 | $869,400 | $30,700 |
| Eugene Hong MD | CEO Trustee or director, Officer | 1 | $0 | $837,539 | $57,856 |
| Christian Streck | Director Trustee or director | 1 | $0 | $784,366 | $74,288 |
| Sarah Stapleton | Physician Highest-paid employee | 40 | $790,747 | $0 | $27,871 |
| Andrew Eiseman | Treasurer Trustee or director, Officer | 1 | $0 | $640,271 | $63,368 |
| Jonathan Edwards | Interim President & Vice President Trustee or director, Officer | 1 | $0 | $606,986 | $79,011 |
| Michael Book | Physician Highest-paid employee | 40 | $605,712 | $0 | $13,370 |
| Rya Kaplan | Physician Highest-paid employee | 40 | $509,841 | $0 | $34,073 |
| Jay Hinesley | CEO Florence Officer | 40 | $417,078 | $0 | $33,123 |
| Maria Streck | Physician Highest-paid employee | 40 | $391,639 | $0 | $24,447 |
| Kelly Holes Lewis | Physician Highest-paid employee | 40 | $379,935 | $0 | $27,077 |
| John McDonald MD | Director Trustee or director | 1 | $0 | $295,847 | $26,253 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MATT SEVERANCE | CHIEF SYSTEM DEVELOPMENT OFFICER Trustee or director, Officer | 1 | $0 | $861,541 | $30,700 |
| CHRISTIAN STRECK MD | DIRECTOR Trustee or director | 1 | $0 | $770,490 | $73,528 |
| SARAH STAPLETON MD | PHYSICIAN Highest-paid employee | 40 | $0 | $740,920 | $27,051 |
| GENE HONG MD | CEO Trustee or director, Officer | 1 | $0 | $724,362 | $43,551 |
| ANDREW EISEMAN MD | TREASURER Trustee or director, Officer | 1 | $0 | $651,344 | $60,399 |
| MICHAEL BOOK MD | PHYSICIAN Highest-paid employee | 40 | $0 | $650,931 | $18,840 |
| JOHN MCDONALD MD | DIRECTOR Trustee or director | 1 | $0 | $269,272 | $23,965 |
| JONATHAN EDWARDS MD | DIRECTOR Trustee or director, Officer | 1 | $0 | $179,997 | $78,145 |
| ANITA CASE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| GRAHAM ADAMS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 9 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MATT SEVERANCE | CHIEF SYSTEM DEVELOPMENT OFFICER Trustee or director, Officer | 1 | $0 | $891,350 | $41,214 |
| GENE HONG MD | CEO Trustee or director, Officer | 1 | $0 | $744,341 | $42,601 |
| JONATHAN EDWARDS MD | DIRECTOR Trustee or director, Officer | 1 | $0 | $637,472 | $75,201 |
| ANDREW EISEMAN MD | TREASURER Trustee or director, Officer | 1 | $0 | $634,999 | $57,285 |
| TERRENCE STEYER | DEAN COLLEGE OF MEDICINE Trustee or director | 1 | $0 | $598,930 | $90,546 |
| DIANN KRYWKO MD | DIRECTOR Trustee or director | 1 | $0 | $542,992 | $69,201 |
| JOHN MCDONALD MD | DIRECTOR Trustee or director | 1 | $0 | $270,108 | $22,705 |
| GRAHAM ADAMS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ANITA CASE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 30037, CHARLESTON, SC 29417-0037
- In care of
- % CEO
- Principal officer (990 for 2024)
- TERRENCE STEYER, PO Box 30037, Charleston, SC 29417
- Signed the 990
- TERRENCE STEYER, PRESIDENT
- Phone
- (843) 876-2420
- Website
- WWW.MUSCHEALTH.ORG
- Return prepared by
- Forvis Mazars LLP
Mission
MUSC HEALTH PARTNERS(THE CORPORATION) IS A SOUTH CAROLINA NONPROFIT CORPORATION. THE CORPORATION WAS FORMED TO ADVANCE AND SUPPORT UNIVERSITY MEDICAL ASSOCIATES OF THE MEDICAL UNIVERSITY OF SOUTH CAROLINA (UMA), A SOUTH CAROLINA NONPROFIT CORPORATION WHICH IS TAX-EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.
Program accomplishments
- OPERATES THE HEALTH CARE SYSTEM FACILITIES. UMA IS A PHYSICIAN PRACTICE FOR MUSC CLINICAL FACULTY THAT FACILITATES THE PROVISION OF INPATIENT AND OUTPATIENT SERVICES IN FURTHERANCE AND FOR THE BENEFIT OF MUSC. THE MAIN MUSC CAMPUS IS LOCATED IN DOWNTOWN CHARLESTON, SOUTH CAROLINA, BUT EDUCATES AND SERVES INDIVIDUALS PRIMARILY THROUGHOUT THE STATE. THE CORPORATION FACILITATES THE DEPLOYMENT OF CLINICAL RESOURCES INTO COMMUNITIES OUTSIDE OF THE CHARLESTON MAIN CAMPUS OF THE HEALTH SYSTEM. Continued on Schedule OExpenses $49,243,447 · revenue $49,362,550
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 81-3987037
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2020
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E11)
- Assets (IRS master file)
- $9,089,906
- Income (IRS master file)
- $49,363,615
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $49,363,615 | $49,574,961 | $9,089,906 | IRS |
| 990 | June 2024 | $29,775,520 | $29,792,084 | $3,502,877 | IRS |
| 990 | June 2023 | $14,478,265 | $14,477,022 | $5,003,294 | XML |
| 990 | June 2022 | $3,484,423 | $3,401,312 | $2,085,150 | IRS |
| 990 | June 2021 | – | – | – | 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 81-3987037).
Questions about MUSC HEALTH PARTNERS
- What is the EIN of MUSC HEALTH PARTNERS?
- The employer identification number (EIN) of MUSC HEALTH PARTNERS is 81-3987037.
- Is MUSC HEALTH PARTNERS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to MUSC HEALTH PARTNERS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does MUSC HEALTH PARTNERS 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 MUSC HEALTH PARTNERS due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MUSC HEALTH PARTNERS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of MUSC HEALTH PARTNERS?
- The 990 for the year ended June 30, 2025 names TERRENCE STEYER.
- Who are the officers and directors of MUSC HEALTH PARTNERS?
- The 990 for the year ended June 30, 2025 lists 12 people; 6 received compensation from the organization.
- How much revenue does MUSC HEALTH PARTNERS have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $49,363,615, expenses of $49,574,961 and total assets of $9,089,906 at year end.
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