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Nonprofit · EIN 62-0636239

METHODIST MEDICAL CENTER

Tax-exempt · KNOXVILLE, TN 37932

Financials

$169.1M$185.2M2023$184.4M$190.5M2024
Revenue Expenses · by fiscal year end
Financials of METHODIST MEDICAL CENTER by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$184,391,658$190,494,472-$6,102,814$93,660,472$25,072,135$68,588,337
December 31, 2023990$169,096,410$185,213,672-$16,117,262$95,078,010$23,666,082$71,411,928
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$115,652
Program service revenue
$182,704,507
Investment income
$24,573
Net rental income
$523,366
Net gain from sales of assets
$9,514
Other revenue
$1,546,926

Expenses

Grants and similar amounts paid
$32,422
Compensation of officers, directors and key employees
$752,442
Other salaries and wages
$51,052,415
Salaries, compensation and benefits (total)
$62,053,155
Professional fundraising fees
$0
Legal fees
$4,453
Occupancy
$8,108,740
Travel
$14,423
Depreciation
$8,057,846
Program services (functional)
$186,784,860
Management and general (functional)
$3,709,612

Balance sheet and other

Total assets, start of year
$95,078,010
Total assets, end of year
$93,660,472
Total liabilities, end of year
$25,072,135
Net assets, end of year
$68,588,337
Land, buildings and equipment
$68,283,453
Net assets without donor restrictions
$68,588,337
Gross unrelated business income
$291,646
Gross receipts
$187,093,236
Employees
1,097
Volunteers
109
Year formed
1959
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
James D VanderSteegPresident & CEO
Trustee or director, Officer
0$0$2,880,556$362,274
Joseph C DolanEVP/CFO
Officer
0$0$861,693$105,608
Jeremy H BiggsPresident & CAO
Officer
50$0$530,098$45,244
Connie B MartinFmr VP - Support Services
Former
0$0$335,406$37,179
Rick A CarringerFmr VP - Financial Services
Former
0$0$319,152$22,735
Jacquelyn A AltFmr VP - CNO (through Mar 2024)
Key employee
50$55,370$214,134$33,375
Catherine M BunchVP - Financial Services
Officer
30$238,684$0$42,012
Shane D WestSr. Medical Physicist
Highest-paid employee
50$237,483$0$36,553
Jo Ann StanfillRegistered Nurse
Highest-paid employee
50$183,077$0$36,087
Jason D ShepherdVP - Support Services
Key employee
50$171,112$0$36,743
Margaretha S ClaytonVP - Chief Nursing Officer
Key employee
50$169,363$0$30,237
Jacqueline S CaseyShift Manager
Highest-paid employee
50$143,315$0$41,685
Charlotte A HumanAdministrative Supervisor
Highest-paid employee
50$163,998$0$17,974
Nathanel J SmithRegistered Nurse
Highest-paid employee
50$141,438$0$30,323
Leslye HartsellDirector
Trustee or director
0$0$1,124$0
18 more people on this return
NameTitleHours / weekCompensationFrom related orgs
Cosby StoneDirector
Trustee or director
0$0$1,113
James Tramontana MDDirector
Trustee or director
0$0$1,086
William SealeDirector
Trustee or director
0$0$1,060
Stephanie FloodDirector
Trustee or director
0$0$964
King PurnellDirector/Chair
Trustee or director, Officer
0$0$935
Joe SutterDirector
Trustee or director
0$0$881
Edgar GrayDirector
Trustee or director
0$0$844
Jorge SanabriaDirector
Trustee or director
0$0$807
Donald HickmanDirector
Trustee or director
0$0$675
Timothy MatthewsDirector
Trustee or director
0$0$657
Alvin NanceDirector
Trustee or director
0$0$648
Mitchell Dickson MDDirector
Trustee or director
0$0$0
James GibsonDirector
Trustee or director
0$0$0
Janice McKinleyDirector
Trustee or director
0$0$0
Cletus McMahon MDDirector
Trustee or director
0$0$0
Dave MillerDirector
Trustee or director
0$0$0
Bill MyersDirector
Trustee or director
0$0$0
Linda OgleDirector
Trustee or director
0$0$0
990 for the year ended December 31, 2023: 37 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
James D VanderSteegPresident & CEO
Trustee or director, Officer
0$0$2,762,691$352,568
John T GeppiFmr EVP/CFO (through June 2023)
Officer
0$0$971,426$24,345
Jeremy H BiggsPresident & CAO
Officer
50$0$536,920$41,778
Joseph C DolanEVP/CFO
Officer
0$0$358,890$38,564
Connie B MartinFmr VP - Support Services
Former
0$0$297,067$32,917
Rick A CarringerFmr VP - Financial Services
Former
0$0$284,160$21,153
Jacquelyn A AltVP - Chief Nursing Officer
Key employee
50$254,145$0$27,675
Michael CavacosFmr VP - CNO; Curr Parkwest VP - CNO
Former
0$0$257,567$20,898
Catherine M BunchVP - Financial Services
Officer
30$241,526$0$33,781
Shane D WestSr. Medical Physicist
Highest-paid employee
50$229,712$0$34,918
Jo Ann StanfillRegistered Nurse
Highest-paid employee
50$177,930$0$37,010
Jason D ShepherdVP - Support Services
Key employee
50$153,609$0$33,867
Tracy L WillisRegistered Nurse
Highest-paid employee
50$147,611$0$34,675
Margaretha S ClaytonDirector Emergency Service
Highest-paid employee
50$138,524$0$28,719
Scott E WingManager Laboratory
Highest-paid employee
50$131,447$0$22,085
King PurnellDirector/Chair
Trustee or director, Officer
0$0$1,630$0
Cosby StoneDirector
Trustee or director
0$0$1,595$0
Donald HickmanDirector
Trustee or director
0$0$1,498$0
Joe SutterDirector
Trustee or director
0$0$1,462$0
William SealeDirector
Trustee or director
0$0$1,321$0
Jorge SanabriaDirector
Trustee or director
0$0$1,234$0
Janice McKinleyDirector
Trustee or director
0$0$1,222$0
Timothy MatthewsDirector
Trustee or director
0$0$1,196$0
James Tramontana MDDirector
Trustee or director
0$0$1,196$0
Edgar GrayDirector
Trustee or director
0$0$1,054$0
Dave MillerDirector
Trustee or director
0$0$1,044$0
Alvin NanceDirector
Trustee or director
0$0$1,044$0
Leslye HartsellDirector
Trustee or director
0$0$1,027$0
James GibsonDirector
Trustee or director
0$0$1,008$0
Gerald BoydDirector
Trustee or director
0$0$977$0
Stephanie FloodDirector
Trustee or director
0$0$808$0
Mitchell Dickson MDDirector
Trustee or director
0$0$796$0
Willard Campbell MDDirector
Trustee or director
0$0$0$0
Michael Casey MDDirector
Trustee or director
0$0$0$0
Ronni ChandlerFmr Director (through June 2023)
Trustee or director
0$0$0$0
Bill MyersDirector
Trustee or director
0$0$0$0
Linda OgleDirector
Trustee or director
0$0$0$0

Address and contacts

Address (IRS master file)
1420 CENTERPOINT BLVD BLDG C, KNOXVILLE, TN 37932-1960
In care of
% AMY DELONG TAX DEPARTMENT
Principal officer (990 for 2024)
James D VanderSteeg, 244 Ft Sanders W Blvd, Knoxville, TN 37922
Signed the 990
JOSEPH C DOLAN, EVP/CFO
Phone
(865) 374-5329

Mission

Methodist Medical Center provides quality healthcare, in alignment with Covenant Health's mission to serve the community by improving the quality of life through better health regardless of a patient's ability to pay.

990 for the year ended December 31, 2024

Program accomplishments

  • Methodist Medical Center ("Methodist") first opened as an Army hospital in 1943. Now, 82 years later, the hospital is an Advanced Primary Stroke Center and provides medical specialties ranging from cardiology and orthopedics to oncology and wound care. The medical center is a 283-bed facility which employs approximately 1,000 people and serves more than 200,000 citizens in Anderson, Roane, Morgan, Campbell and Scott counties. SERVICEThe hospital is best known for its services in orthopedics, cardiology, oncology, rehabilitation therapy services, sleep diagnostics and wound treatment. Methodist offers a full continuum of heart-related care and services including open-heart surgery, and has completed over 8,500 open-heart procedures. The cardiac and pulmonary rehabilitation program is accredited by the American Association of Cardiovascular and Pulmonary Rehabilitation and offers an individualized plan of monitored exercise and education in a medically supervised environment.Methodist's board-certified orthopedic surgeons are skilled in diagnosing and treating bone, muscle, and joint disorders. Specialty areas include spinal surgeries, fractures, complex rotator cuff/shoulder repairs and hand reconstruction. Using a series of best-practice guidelines, the hospital treats patients efficiently and effectively for optimal outcomes. The hospital is a Blue Distinction Center+ for knee and hip replacement, a program offered by the Blue Cross Blue Shield Association that recognizes the highest quality providers and doctors. Methodist treats many types of gastrointestinal problems. Our board-certified physicians and nurses provide quality care for patients, using advanced technology to examine and treat digestive problems. Gastroenterology services are available for patients hospitalized at Methodist as well as outpatients.Methodist offers an expansion of its existing services through telehealth initiatives that are designed to support the bedside clinical team. Telehealth services for a variety of medical needs help bridge the access gap, ultimately improving patient outcomes and overall quality of care. Methodist served 169,847 patients in 2024. Of these, 160,595 were outpatients and 9,252 were inpatients with an average length-of-stay of 4.92 days. PUTTING PATIENTS FIRSTMethodist offers patients a high level of quality care, technology and service that you'd expect to find in a leading hospital. Methodist has received national honors, but also offers patients the convenience of a hometown medical center that is close to the support of family and friends. Awards for 2024: Safety:-The Leapfrog Group, "A" Safety Grade: Spring 2024 and Fall 2024-THA Zero Hero Awards: CAUTI (3W and 4W), CLABSI (2W, 3W and 4W)-Best Hospital Women's Choice Awards - Patient SafetyStroke:- Advanced Primary Stroke Center designated by The Joint Commission- 2024 Get With The Guidelines - Stroke Gold Award- 2024 Get With The Guidelines - Stroke GOLD with Target Type 2 Diabetes Honor RollCancer:- Commission on Cancer Accredited - Best Hospital Women's Choice Awards - CancerCardiology:- 2024 Get With The Guidelines- Coronary Artery Disease STEMI GOLD PLUS Receiving Center - 2024 Get With The Guidelines- Coronary Artery Disease STEMI Target: Type 2 Diabetes Honor Roll- 2024 Get With The Guidelines- Coronary Artery Disease NSTEMI GOLD Achievement Award - 2024 Get With The Guidelines- Coronary Artery Disease NSTEMI with Target: Type 2 Diabetes Honor Roll - Cardiovascular/Pulmonary Rehabilitation (CROP): certified by the American Association of Cardiovascular and Pulmonary Rehabilitation (AACVPR)- Best Hospital Women's Choice Awards - Heart Care- US News High Performing Hospital - Heart FailureOrthopedics: - Spine Surgery: Blue Distinction Center+ - Knee and Hip Surgery: Blue Distinction Center+Pulmonary:- US News High Performing Hospital - COPD- US News High Performing Hospital - PneumoniaWomen's:- Safe Sleep Certified - Gold - Breast Center: perfect FDA score 28 years - ACR Designated Comprehensive Breast Imaging Center- Best Hospital Women's Choice Awards - Mammography- TIPQC Promotion of Safe Vaginal Delivery Quality Improvement TeamWound Care:- 2024 Restorix Clinical Distinction- 2024 Restorix Patient SatisfactionThe hospital is a member of Covenant Health's stroke hospital network, which links Covenant Health's member hospitals to provide our region with access to rapid diagnosis and treatment of stroke. Methodist's Wound Treatment Center team of physician specialists and nurses helps patients with conditions such as diabetic wounds, venous stasis ulcers and radiation wounds. Hyperbaric oxygen therapy (HBOT) is one of several advanced treatment options available at the center. HBOT stimulates the formation of new blood vessels, improves flow of oxygen to tissues and increases formation of fibrous tissues, helping patients recover from non-healing wounds. Methodist's Family Birthing Center is a 19-bed unit with four additional triage rooms. The center's birthing suites feature the comforts of home. In addition their welcoming appearance, the suites are high-tech delivery rooms with state-of-the-art monitoring and life support systems. The hospital celebrated 454 births in 2024.Methodist operates three Hospitality Houses which provide free temporary lodging to cancer patients and their families who must travel to Oak Ridge for extended treatment. The houses also are available to other patients needing long-term treatment as space allows. In 2024, 112 guests were served, and 4,026 nights of stay were donated for an approximate value of $624,030.To help those less fortunate, the hospital also partners with the Free Medical Clinic to provide 2,000 free tests and procedures each year to community members in need. Methodist's collaborative Community Health Needs Assessment with Ridgeview Behavioral Health targets issues around mental health and substance abuse, including the MIST (Mothers and Infants Sober Together) program for pregnant women and young mothers struggling with addiction.IMPROVING THE COMMUNITY'S QUALITY OF LIFE THROUGH BETTER HEALTHMethodist has comprehensive health education programs for patients, their families, and the community at large. While many of the medical center's classes and activities are tailored for young families, it also offer health management classes and support groups for adults of all ages; smoking cessation and exercise classes for people who want to make important lifestyle changes; workshops for young people, and special events for the entire community. One such program is the medical center's "MED Talk" series, a partnership between Methodist Medical Center and Oak Ridge Senior Center. In 2024, the series offered programming covering a range of topics including cognitive health, atrial fibrillation, urology basics and general benefits of physical activities for continued quality of life and longevity.For initiatives geared toward younger audiences, Methodist collaborated with the Children's Museum of Oak Ridge's "Wonderful Wednesday" program to provide information to campers and field trip students about dialing 911, knowing the signs of a stroke, simple first aid and the art of putting on scrubs. Additionally, Methodist nursing educators partnered with area school systems to provide hands-on education related to the dangers of vaping to nearly 2,000 middle and high school students. By working together with local high schools and colleges, Methodist is providing expanded opportunities for students interested in learning more about the exciting field of medicine. The Health Sciences Academy with Oak Ridge High School is a multi-path program that prepares students to move seamlessly into postsecondary education or the healthcare work force. To encourage and nurture those interested in healthcare, Methodist's Volunteer organization awarded a $15,000 donation to Roane State Community College. This latest donation follows a rich tradition of support started by Methodist's Volunteer Organization more than 20 years ago, when it launched a six-year scholarship program for graduating high school seniors in the hospital's five-county service area: Anderson, Roane, Morgan, Campbell and Scott counties. The scholarships were for $1,000 each and were renewable for an additional year if the students remain in good academic standing and continued to pursue a career in healthcare. A similar donation was made in 2019 and 2023. The volunteers have continued the tradition in 2024.
    Expenses $186,784,860 · grants $32,422 · revenue $182,713,236

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
62-0636239
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
1960
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E220)
Assets (IRS master file)
$93,660,472
Income (IRS master file)
$187,093,236

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$184,391,658$190,494,472$93,660,472XML
990-TDecember 2024–––IRS
990December 2023$169,096,410$185,213,672$95,078,010XML
990-TDecember 2023–––IRS
990December 2022$166,314,435$172,582,053$92,039,387IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 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 62-0636239).

Questions about METHODIST MEDICAL CENTER

What is the EIN of METHODIST MEDICAL CENTER?
The employer identification number (EIN) of METHODIST MEDICAL CENTER is 62-0636239.
Is METHODIST MEDICAL CENTER tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1960.
Are donations to METHODIST MEDICAL CENTER tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does METHODIST 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 METHODIST MEDICAL CENTER 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 MEDICAL CENTER 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 MEDICAL CENTER?
The 990 for the year ended December 31, 2024 names James D VanderSteeg.
Who are the officers and directors of METHODIST MEDICAL CENTER?
The 990 for the year ended December 31, 2024 lists 33 people; 9 received compensation from the organization.
How much revenue does METHODIST MEDICAL CENTER have?
On its 990 for the year ended December 31, 2024 it reported revenue of $184,391,658, expenses of $190,494,472 and total assets of $93,660,472 at year end.

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