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Nonprofit · EIN 35-2528741

VANDERBILT UNIVERSITY MEDICAL CENTER

Tax-exempt · NASHVILLE, TN 37232

Financials

$6.9B$6.8B2022$7.7B$7.4B2023$8.7B$8.3B2024
Revenue Expenses · by fiscal year end
Financials of VANDERBILT UNIVERSITY MEDICAL CENTER by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$8,674,383,028$8,258,963,378$415,419,650$7,794,199,229$4,834,718,062$2,959,481,167
June 30, 2024990$7,706,035,528$7,435,766,434$270,269,094$6,568,033,122$4,106,296,844$2,461,736,278
June 30, 2023990$6,921,172,886$6,812,818,433$108,354,453$5,892,952,923$3,779,398,252$2,113,554,671
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$642,858,181
of which government grants
$467,609,684
Program service revenue
$7,946,063,108
Investment income
$67,464,005
Royalties
$2,056,083
Net rental income
$4,720,870
Net gain from sales of assets
-$3,940,548
Net income from fundraising events
-$331,531
Net income from gaming
$37,227
Tax-exempt bond proceeds
$8,374,758
Other revenue
$17,997,734

Expenses

Grants and similar amounts paid
$209,048,154
Compensation of officers, directors and key employees
$47,069,504
Other salaries and wages
$3,546,950,940
Salaries, compensation and benefits (total)
$4,391,316,563
Professional fundraising fees
$567,290
Legal fees
$17,514,050
Accounting fees
$240,093
Occupancy
$359,374,384
Travel
$21,455,481
Depreciation
$220,521,693
Program services (functional)
$7,043,511,525
Management and general (functional)
$1,193,829,354
Fundraising (functional)
$21,622,499

Balance sheet and other

Total assets, start of year
$6,568,033,122
Total assets, end of year
$7,794,199,229
Total liabilities, end of year
$4,834,718,062
Net assets, end of year
$2,959,481,167
Land, buildings and equipment
$3,268,552,435
Publicly traded securities
$1,700,530,342
Net assets without donor restrictions
$2,540,566,278
Net assets with donor restrictions
$418,914,889
Gross unrelated business income
$40,022,435
Gross receipts
$9,038,465,932
Employees
38,678
Volunteers
2,090
Year formed
2015
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Jeffrey R Balser MD PHDPresident and CEO
Trustee or director, Officer
60$14,688,567$1,792,572
C Wright Pinson MD MBADeputy CEO & Chief Health System Officer
Officer
59.1$5,621,867$1,016,048
John F Manning Jr PHD MBACOO and Corporate Chief of Staff
Officer
60$5,018,633$535,265
Cecelia B Moore MHA CPA CHFPCFO and Treasurer
Officer
60$3,892,160$474,944
Michael J Regier JDFormer General Counsel and Secretary
Former
0$3,018,841$233,848
Jennifer A Pietenpol PHDChief Scientific and Strategy Officer
Key employee
68$2,122,970$328,509
Rick Wright MDCMO and Sr VP for Clinical Affairs
Key employee
32.5$1,872,987$317,249
Margaret G Rush MD MMHCPres & Exec Med Dir, MCJCH
Key employee
55.9$1,794,599$280,142
Ginger Holt MDProfessor, Ortho-Oncology
Highest-paid employee
60$1,995,013$53,350
Byron Stephens II MD MSCIAssociate Professor, Department of Orthopaedic Surgery
Highest-paid employee
60$1,888,882$44,533
Zeena M Abdulahad MPAEVP & Chief Dev Officer
Key employee
60$1,622,435$194,158
Seth J Karp MDProfessor of Surgery, Biomedical Ethics & Society, and Anesthesiology
Highest-paid employee
60$1,745,130$52,027
Amir Abtahi MDAssistant Professor, Department of Orthopaedic Surgery
Highest-paid employee
60$1,695,468$65,948
Amy Schoeny PHDChief HR Officer
Key employee
55$1,541,038$209,231
Ashish S Shah MD FACSProfessor, Cardiac
Highest-paid employee
60$1,658,970$70,539
23 more people on this return
NameTitleHours / weekCompensationOther / benefits
Lee Ann Liska MBAPres & Chief Oper Off at VUH
Key employee
60$1,380,360$305,772
Donald Brady MDExec Vice Dean - Aca Affairs & Exec VP - Ed Affairs
Key employee
50$1,213,205$231,725
Wendy Monaci MBAEVP Adult Ambulatory
Key employee
59$1,104,937$222,407
Shon Dwyer MBA RNFormer President, Vanderbilt Adult Hospital
Former
0$1,230,612$0
Cecelia Theobald MD MPHChief of Clinical Staff
Key employee
60$876,166$168,280
David R PoschFormer EVP for Population Health
Former
59.1$831,571$52,484
Travis Capers FACHEPresident of Vanderbilt Regional Community Hospitals
Key employee
60$806,653$27,058
C J Stimson MD JDEVP for Population Health (Beginning 1/1/24)
Key employee
50$726,509$16,575
Doug Mefford JDGeneral Counsel and Secretary (Beginning 7/1/24)
Officer
54$508,415$153,366
David RussellEVP Org Transformation & Chief Strategic Bus Dev Officer (Beginning 9/1/24)
Key employee
60$582,909$76,886
Thomas S Nantais MBAFormer EVP Adult Ambulatory
Former
0$468,625$0
DAVID S RAIFORD MDFormer Chief of Clinical Staff
Former
60$336,679$0
WILLIAM W STEAD MDFORMER CHIEF STRATEGY OFFICER (ROLE ENDED DECEMBER 2020)
Former
60$136,602$27,995
Alexander C TaylorDirector
Trustee or director
2$0$0
Colin V ReedDirector
Trustee or director
2$0$0
Daniel Diermeier PHDDirector
Trustee or director
2$0$0
Edith Scott Carell Johnson JDDirector, Chair of Board of Dirs & Exec Comm
Trustee or director
4$0$0
Gail Carr Williams JDDirector
Trustee or director
2$0$0
John F Stein MBADirector, Vice Chair of Board of Dirs & Chair of Audit & Compl Comm
Trustee or director
3$0$0
John R Ingram MBADirector
Trustee or director
1$0$0
Lucinda M Baier CPADirector, Chair of Quality & Safety Com
Trustee or director
2$0$0
Makeba Boatwright Williams MDDirector
Trustee or director
1$0$0
Sara J Finley JDDirector, Chair of Mgmt Dev & Comp Comm
Trustee or director
2$0$0
990 for the year ended June 30, 2024: 35 people
NameTitleHours / weekCompensationOther / benefits
Jeffrey R Balser MD PHDPresident and CEO
Trustee or director, Officer
50$7,614,754$1,528,353
C Wright Pinson MD MBADeputy CEO & Chief Health System Officer
Officer
49.1$3,843,576$914,759
Cecelia B Moore MHA CPA CHFPCFO and Treasurer
Officer
50$2,676,760$445,506
John F Manning Jr PHD MBACOO and Corporate Chief of Staff
Officer
50$2,281,128$585,147
Shon Dwyer MBA RNPresident, Vanderbilt Adult Hospital (Role Ended 6/30/23)
Key employee
50$2,115,760$163,537
Michael J Regier JDGeneral Counsel and Secretary
Officer
50$1,623,578$433,961
Rick Wright MDCMO and Sr VP for Clinical Affairs (Beginning 7/1/23)
Key employee
49$1,761,975$189,499
Byron Stephens II MD MSCIAssociate Professor, Department of Orthopaedic Surgery
Highest-paid employee
50$1,901,976$42,128
Amir Abtahi MDAssistant Professor, Department of Orthopaedic Surgery
Highest-paid employee
50$1,646,337$61,882
Seth J Karp MDProfessor of Surgery, Biomedical Ethics & Society, and Anesthesiology
Highest-paid employee
50$1,603,707$48,970
Margaret G Rush MD MMHCPres & Exec Med Dir, MCJCH
Key employee
48.9$1,388,378$262,832
Ashish S Shah MD FACSProfessor, Cardiac
Highest-paid employee
50$1,512,748$65,474
Paul Sternberg Jr MDCMO & VP Clinical Affairs
Highest-paid employee
50$1,469,781$52,927
Jennifer A Pietenpol PHDChief Scientific and Strategy Officer
Key employee
50$1,285,365$221,788
Zeena M Abdulahad MPAEVP and Chief Development Officer
Key employee
50$1,280,713$181,130
DAVID S RAIFORD MDChief of Clinical Staff (Role Ended June 30, 2023)
Key employee
50$1,264,678$124,637
Amy Schoeny PHDChief HR Officer
Key employee
50$1,178,483$193,294
David R PoschEVP for Population Health
Key employee
49.1$1,275,224$52,060
Donald Brady MDExec Vice Dean - Aca Affairs & Exec VP - Ed Affairs (Beginning 1/1/23)
Key employee
50$858,445$152,641
Thomas S Nantais MBAEVP Adult Ambulatory (Role Ended May 1, 2023)
Key employee
50$808,361$28,953
Travis Capers FACHEPresident of Vanderbilt Regional Community Hospitals
Key employee
50$770,423$18,595
Wendy Monaci MBAEVP Adult Ambulatory (Beginning 5/1/23)
Key employee
49$624,369$104,751
Lee Ann Liska MBAPres & Chief Oper Off at VUH (Beginning 7/1/23)
Key employee
50$630,432$47,628
Cecelia Theobald MD MPHChief of Clinical Staff (Beginning 7/1/23)
Key employee
50$556,096$47,103
WILLIAM W STEAD MDFORMER CHIEF STRATEGY OFFICER (ROLE ENDED DECEMBER 2020)
Former
50$132,375$25,778
Alexander C TaylorDirector
Trustee or director
1$0$0
Colin V ReedDirector (Beginning 7/1/23)
Trustee or director
1$0$0
Daniel Diermeier PHDDirector
Trustee or director
1$0$0
Edith Scott Carell Johnson JDDirector
Trustee or director
1$0$0
Gail Carr Williams JDDirector (Beginning 7/1/23)
Trustee or director
1$0$0
John F Stein MBADirector
Trustee or director
1$0$0
John R Ingram MBADirector
Trustee or director
1$0$0
Lucinda M Baier CPADirector
Trustee or director
1$0$0
Makeba Boatwright Williams MDDirector
Trustee or director
1$0$0
Sara J Finley JDDirector
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 30 people
NameTitleHours / weekCompensationOther / benefits
Jeffrey R Balser MD PHDPresident and CEO
Trustee or director, Officer
50$5,488,022$1,439,525
C Wright Pinson MD MBADeputy CEO and Chief Health System Officer
Officer
49.2$3,383,341$757,224
Cecelia B Moore MHA CPA CHFPCFO and Treasurer
Officer
50$1,947,456$417,863
John F Manning Jr PHD MBACOO and Corporate Chief of Staff
Officer
50$1,728,565$537,730
Michael J Regier JDGeneral Counsel and Secretary
Officer
50$1,253,724$418,326
Shon Dwyer MBA RNPresident, Vanderbilt Adult Hospital
Key employee
50$1,189,442$247,683
Thomas S Nantais MBAEVP Adult Ambulatory
Key employee
50$1,342,162$91,842
Gregory G Polkowski II MD MSCRAssoc Professor, Ortho-Joints
Highest-paid employee
50$1,326,555$58,561
Douglas R Weikert MDAssoc Professor, Ortho-Hand
Highest-paid employee
50$1,321,689$58,054
DAVID S RAIFORD MDChief of Clinical Staff
Key employee
50$1,153,677$218,961
Jennifer A Pietenpol PHDChief Scientific and Strategy Officer
Key employee
50$1,157,047$210,978
Paul Sternberg Jr MDCMO & VP Clinical Affairs
Highest-paid employee
50$1,317,628$48,364
Ashish S Shah MD FACSProfessor, Cardiac
Highest-paid employee
50$1,307,446$58,269
David P Bichell MDProfessor, Pediatric Cardiac Surgery
Highest-paid employee
50$1,280,738$44,799
Zeena M Abdulahad MPAEVP and Chief Development Officer
Key employee
50$1,072,323$168,788
David R PoschEVP for Population Health
Key employee
49.6$1,144,958$46,589
Amy Schoeny PHDChief HR Officer
Key employee
50$1,005,165$181,012
Margaret G Rush MD MMHCPresident and Executive Medical Director, Monroe Carell Jr. Children's Hospital at Vanderbilt
Key employee
48.9$975,177$203,074
Travis Capers FACHEPresident of Vanderbilt Regional Community Hospitals
Key employee
50$303,763$7,212
WILLIAM W STEAD MDFORMER CHIEF STRATEGY OFFICER (ROLE ENDED DECEMBER 2020)
Former
50$128,573$23,100
Alexander C TaylorDirector
Trustee or director
1$0$0
Daniel Diermeier PHDDirector
Trustee or director
1$0$0
Edith Scott Carell Johnson JDDirector
Trustee or director
1$0$0
John F Stein MBADirector
Trustee or director
1$0$0
John R Ingram MBADirector (Beginning July 1, 2022)
Trustee or director
1$0$0
Lucinda M Baier CPADirector (Beginning July 1, 2022)
Trustee or director
1$0$0
Makeba Boatwright Williams MD FACOG NCMPDirector (Beginning July 1, 2022)
Trustee or director
1$0$0
Michael M E Johns MDDirector
Trustee or director
1$0$0
Samuel E Lynch DMD DMSCDirector
Trustee or director
1$0$0
Sara J Finley JDDirector
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
1161 21ST AVE S D3300, NASHVILLE, TN 37232-0011
In care of
% SCOTT PHILLIPS
Mailing address (990-N for 2014)
1161 21st Ave South Ste D3300 MCN, Nashville TN 37232
Principal officer (990 for 2024)
Jeffrey R Balser MD PhD, 1161 21st Ave S Suite D3300 MCN, Nashville, TN 37232
Principal officer (990-N for 2014)
Scott Phillips, 3319 West End Ave Ste 700, Nashville TN 37203
Signed the 990
Cecelia Moore, CFO & Treasurer
Phone
(615) 322-2381
Return prepared by
ERNST & YOUNG US LLP

Mission

See Schedule O Form 990, Part III, Line 1

990 for the year ended June 30, 2025

Program accomplishments

  • Patient Services - See Schedule O Form 990, Part III, Line 4a
    Expenses $5,749,397,477 · grants $47,060,105 · revenue $7,444,087,059
  • Academic and Scientific Research - See Schedule O Form 990, Part III, Line 4b
    Expenses $1,093,579,928 · grants $161,988,049 · revenue $268,824,808
  • 4d. OTHER PROGRAM SERVICES - Other program services include public health service, academic support, institutional support, and other auxiliary services. Vanderbilt University Medical Center engages in a variety of public service projects, including, but not limited to formulating new approaches to increase health, safety, quality and outcomes, while decreasing total costs; and many other sponsored community health and educational programs. To read more about VUMC's role in the community, visit https://www.vanderbilthealth.com/main/38766
    Expenses $200,534,120 · revenue $244,666,326

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
35-2528741
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
2015
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E20)
Assets (IRS master file)
$7,794,199,229
Income (IRS master file)
$9,038,465,932

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$8,674,383,028$8,258,963,378$7,794,199,229IRS
990-TJune 2025–––IRS
990June 2024$7,706,035,528$7,435,766,434$6,568,033,122IRS
990-TJune 2024–––IRS
990June 2023$6,921,172,886$6,812,818,433$5,892,952,923XML
990-TJune 2023–––IRS
990June 2022$6,413,300,115$6,199,085,905$5,527,589,693IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS
990-N for 2014
Officer: Scott Phillips
June 30, 2015≤ $50,000 receipts––e-Postcard

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 35-2528741).

Questions about VANDERBILT UNIVERSITY MEDICAL CENTER

What is the EIN of VANDERBILT UNIVERSITY MEDICAL CENTER?
The employer identification number (EIN) of VANDERBILT UNIVERSITY MEDICAL CENTER is 35-2528741.
Is VANDERBILT UNIVERSITY MEDICAL CENTER tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to VANDERBILT UNIVERSITY MEDICAL CENTER tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does VANDERBILT UNIVERSITY MEDICAL CENTER 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 VANDERBILT UNIVERSITY MEDICAL CENTER 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 VANDERBILT UNIVERSITY MEDICAL CENTER 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 VANDERBILT UNIVERSITY MEDICAL CENTER?
The 990 for the year ended June 30, 2025 names Jeffrey R Balser MD PhD.
Who are the officers and directors of VANDERBILT UNIVERSITY MEDICAL CENTER?
The 990 for the year ended June 30, 2025 lists 38 people; 28 received compensation from the organization, the highest $14,688,567 (Jeffrey R Balser MD PHD, President and CEO).
How much revenue does VANDERBILT UNIVERSITY MEDICAL CENTER have?
On its 990 for the year ended June 30, 2025 it reported revenue of $8,674,383,028, expenses of $8,258,963,378 and total assets of $7,794,199,229 at year end.

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