Skip to content
Nonprofiteer
← VANDERBILT UNIVERSITY MEDICAL CENTER

Form 990 for tax year 2023

Filed by VANDERBILT UNIVERSITY MEDICAL CENTER.

Totals

Total revenue
$7,706,035,528
Total expenses
$7,435,766,434
Contributions and grants received
$588,215,506
Grants paid
$180,719,752
Program service revenue
$7,038,743,432
Investment income
$63,194,433
Other revenue
$15,882,157
Total assets, end of year
$6,568,033,122
Total liabilities, end of year
$4,106,296,844
Net assets or fund balances, end of year
$2,461,736,278
Program services expenses (Part IX)
$6,334,164,350
Management and general expenses
$1,081,265,925
Fundraising expenses
$20,336,159
Program service expenses (Part III)
$6,334,164,350

Program services were 85.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $1,209,099

  • 1e · Government grants (contributions)

    $462,946,308

  • 1f · All other contributions, gifts and grants

    $124,060,099

  • 1g · Noncash contributions included above

    $5,813,906

  • 2a · Program service revenue: NET PATIENT SERVICE REVENUE

    total $6,556,613,895 · related or exempt $6,549,225,952 · unrelated business $7,387,943

  • 2b · Program service revenue: ACADEMIC AND RESEARCH REVENUE

    total $267,394,113 · related or exempt $267,394,113

  • 2c · Program service revenue: OTHER PROGRAM REVENUE

    total $214,735,424 · related or exempt $183,809,392 · unrelated business $30,926,032

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $54,782,084 · excluded $54,782,084

  • 4 · Income from investment of tax-exempt bond proceeds

    total $5,127,932 · excluded $5,127,932

  • 5 · Royalties

    total $4,171,105 · excluded $4,171,105

  • 6a · Gross rents

    real property $9,191,997

  • 6b · Less rental expenses

    real property $6,003,046

  • 6c · Rental income or loss

    real property $3,188,951 · personal property $0

  • 6d · Net rental income or loss

    total $3,188,951 · excluded $3,188,951

  • 7a · Gross sales of assets other than inventory

    securities $306,855,526

  • 7b · Less cost or other basis and sales expenses

    securities $303,571,109

  • 7c · Gain or loss

    securities $3,284,417 · other assets $0

  • 7d · Net gain or loss

    total $3,284,417 · excluded $3,284,417

  • 8a · Fundraising events: gross income

    $322,057

  • 8a · Fundraising events: contributions included on line 1c

    $1,209,099

  • 8b · Fundraising events: direct expenses

    $561,083

  • 8c · Net income from fundraising events

    total -$239,026 · excluded -$239,026

  • 9a · Gaming: gross income

    $1,077,299

  • 9b · Gaming: direct expenses

    $845,568

  • 9c · Net income from gaming

    total $231,731 · excluded $231,731

  • 11a · Other revenue: REVENUE FROM UNCONSOLIDATED ORGS

    total $8,529,396 · related or exempt $8,529,396

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $8,529,396

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $112,289,743 · program services $112,289,743

  • 2 · Grants to domestic individuals

    total $51,277,517 · program services $51,277,517

  • 3 · Grants to foreign organizations and individuals

    total $17,152,492 · program services $17,152,492

  • 5 · Compensation of officers, directors and key employees

    total $34,605,827 · program services $4,197,606 · management and general $28,141,555 · fundraising $2,266,666

  • 6 · Compensation of disqualified persons

    total $285,714 · program services $285,714

  • 7 · Other salaries and wages

    total $3,165,345,906 · program services $2,819,752,039 · management and general $336,982,997 · fundraising $8,610,870

  • 8 · Pension plan contributions

    total $106,806,678 · program services $93,009,735 · management and general $13,364,780 · fundraising $432,163

  • 9 · Other employee benefits

    total $448,914,663 · program services $390,926,392 · management and general $56,171,900 · fundraising $1,816,371

  • 10 · Payroll taxes

    total $204,675,470 · program services $178,236,872 · management and general $25,610,460 · fundraising $828,138

  • 11a · Fees: management

    total $6,149,898 · management and general $6,149,898

  • 11b · Fees: legal

    total $13,139,936 · program services $1,531,975 · management and general $11,607,961

  • 11c · Fees: accounting

    total $2,273,396 · program services $297,392 · management and general $1,970,004 · fundraising $6,000

  • 11d · Fees: lobbying

    total $290,672 · program services $290,672

  • 11e · Fees: professional fundraising services

    total $566,195 · fundraising $566,195

  • 11g · Fees: other

    total $579,049,238 · program services $227,771,423 · management and general $350,263,227 · fundraising $1,014,588

  • 12 · Advertising and promotion

    total $18,381,009 · program services $4,464,186 · management and general $13,891,933 · fundraising $24,890

  • 13 · Office expenses

    total $173,443,073 · program services $142,397,001 · management and general $28,497,727 · fundraising $2,548,345

  • 14 · Information technology

    total $138,599,992 · program services $34,397,193 · management and general $103,997,253 · fundraising $205,546

  • 16 · Occupancy

    total $329,161,551 · program services $290,545,545 · management and general $37,708,448 · fundraising $907,558

  • 17 · Travel

    total $20,463,664 · program services $17,540,190 · management and general $2,845,324 · fundraising $78,150

  • 19 · Conferences, conventions and meetings

    total $14,597,653 · program services $12,128,274 · management and general $2,320,850 · fundraising $148,529

  • 20 · Interest

    total $68,550,190 · program services $67,845,671 · management and general $673,975 · fundraising $30,544

  • 22 · Depreciation, depletion and amortization

    total $204,793,283 · program services $153,006,108 · management and general $51,787,131 · fundraising $44

  • 23 · Insurance

    total $27,240,547 · program services $27,240,547

  • 24a · Other expenses: DRUGS AND MEDICAL SUPPLIES

    total $1,649,550,124 · program services $1,645,628,451 · management and general $3,921,673

  • 24b · Other expenses: TAXES (EXCLUDING UBI TAXES)

    total $4,330,885 · program services $4,330,885

  • 24c · Other expenses: OTHER ACADEMIC AND RESEARCH

    total $1,627,662 · program services $1,016,633 · management and general $162,817 · fundraising $448,212

  • 24d · Other expenses: UNRELATED BUSINESS INCOME TAXES

    total $66,053 · program services $66,053

  • 24e · All other expenses

    total $42,137,403 · program services $36,538,041 · management and general $5,196,012 · fundraising $403,350

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $137,710,127 · end of year $53,388,204

  • 2 · Savings and temporary cash investments

    beginning of year $636,943,638 · end of year $787,635,330

  • 3 · Pledges and grants receivable

    beginning of year $190,586,600 · end of year $197,642,720

  • 4 · Accounts receivable

    beginning of year $781,912,279 · end of year $853,580,637

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0

  • 8 · Inventories for sale or use

    beginning of year $160,157,743 · end of year $183,923,635

  • 9 · Prepaid expenses and deferred charges

    beginning of year $23,227,462 · end of year $32,125,243

  • 10a · Land, buildings and equipment: cost or other basis

    $4,288,916,782

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,351,916,603

  • 10c · Land, buildings and equipment, net

    beginning of year $2,654,986,909 · end of year $2,937,000,179

  • 11 · Investments: publicly traded securities

    beginning of year $1,202,994,557 · end of year $1,410,803,308

  • 12 · Investments: other securities

    beginning of year $65,055,087 · end of year $72,428,504

  • 13 · Investments: program-related

    beginning of year $0

  • 14 · Intangible assets

    beginning of year $27,028,333 · end of year $27,028,333

  • 15 · Other assets

    beginning of year $12,350,188 · end of year $12,477,029

  • 17 · Accounts payable and accrued expenses

    beginning of year $969,800,438 · end of year $1,067,594,760

  • 19 · Deferred revenue

    beginning of year $9,032,692 · end of year $46,183,860

  • 20 · Tax-exempt bond liabilities

    beginning of year $907,094,805 · end of year $1,052,755,690

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $864,594,502 · end of year $863,621,862

  • 24 · Unsecured notes and loans payable

    beginning of year $16,353,979 · end of year $11,686,069

  • 25 · Other liabilities

    beginning of year $1,012,521,836 · end of year $1,064,454,603

  • 27 · Net assets without donor restrictions

    beginning of year $1,796,453,800 · end of year $2,117,322,337

  • 28 · Net assets with donor restrictions

    beginning of year $317,100,871 · end of year $344,413,941

Mission and programs · 2023

Mission

See Schedule O Form 990, Part III, Line 1

Activities or mission (Part I)

See Schedule O, Form 990, Part III, Line 1

  • Patient Services - See Schedule O Form 990, Part III, Line 4a

    Expenses $5,179,976,337 · Grants $43,578,141 · Revenue $6,556,613,895

  • Academic and Scientific Research - See Schedule O Form 990, Part III, Line 4b

    Expenses $1,045,670,360 · Grants $137,141,611 · Revenue $267,394,113

  • 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 $108,517,653 · Revenue $223,264,820

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jeffrey R Balser MD PHD

    President and CEO

    Total calculated
    $9,143,107
    From this org
    $7,614,754
    From related orgs
    $0
    Other
    $1,528,353
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $3,064,842
    Bonus
    $3,556,215
    Other
    $993,697
    Deferred
    $1,505,645
    Nontaxable benefits
    $22,708
    Filer's total
    $9,143,107

  • Alexander C Taylor

    Director

    Total calculated
    $0
    Hours/week
    1

  • Colin V Reed

    Director (Beginning 7/1/23)

    Total calculated
    $0
    Hours/week
    1

  • Daniel Diermeier PHD

    Director

    Total calculated
    $0
    Hours/week
    1

  • Edith Scott Carell Johnson JD

    Director

    Total calculated
    $0
    Hours/week
    1

  • Gail Carr Williams JD

    Director (Beginning 7/1/23)

    Total calculated
    $0
    Hours/week
    1

  • John F Stein MBA

    Director

    Total calculated
    $0
    Hours/week
    1

  • John R Ingram MBA

    Director

    Total calculated
    $0
    Hours/week
    1

  • Lucinda M Baier CPA

    Director

    Total calculated
    $0
    Hours/week
    1

  • Makeba Boatwright Williams MD

    Director

    Total calculated
    $0
    Hours/week
    1

  • Sara J Finley JD

    Director

    Total calculated
    $0
    Hours/week
    1

  • C Wright Pinson MD MBA

    Deputy CEO & Chief Health System Officer

    Total calculated
    $4,758,335
    From this org
    $3,843,576
    From related orgs
    $0
    Other
    $914,759
    Hours/week
    49.1 + 0.9 related

    Schedule J breakdown matched by us

    Base
    $2,239,362
    Bonus
    $1,566,010
    Other
    $38,204
    Deferred
    $890,668
    Nontaxable benefits
    $24,091
    Filer's total
    $4,758,335

  • Cecelia B Moore MHA CPA CHFP

    CFO and Treasurer

    Total calculated
    $3,122,266
    From this org
    $2,676,760
    From related orgs
    $0
    Other
    $445,506
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $1,371,393
    Bonus
    $969,084
    Other
    $336,283
    Deferred
    $422,217
    Nontaxable benefits
    $23,289
    Filer's total
    $3,122,266

  • John F Manning Jr PHD MBA

    COO and Corporate Chief of Staff

    Total calculated
    $2,866,275
    From this org
    $2,281,128
    From related orgs
    $0
    Other
    $585,147
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $1,320,567
    Bonus
    $945,154
    Other
    $15,407
    Deferred
    $544,157
    Nontaxable benefits
    $40,990
    Filer's total
    $2,866,275

  • Michael J Regier JD

    General Counsel and Secretary

    Total calculated
    $2,057,539
    From this org
    $1,623,578
    From related orgs
    $0
    Other
    $433,961
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $920,416
    Bonus
    $677,098
    Other
    $26,064
    Deferred
    $394,452
    Nontaxable benefits
    $39,509
    Filer's total
    $2,057,539

  • Amy Schoeny PHD

    Chief HR Officer

    Total calculated
    $1,371,777
    From this org
    $1,178,483
    From related orgs
    $0
    Other
    $193,294
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $782,809
    Bonus
    $373,660
    Other
    $22,014
    Deferred
    $172,815
    Nontaxable benefits
    $20,479
    Filer's total
    $1,371,777

  • Cecelia Theobald MD MPH

    Chief of Clinical Staff (Beginning 7/1/23)

    Total calculated
    $603,199
    From this org
    $556,096
    From related orgs
    $0
    Other
    $47,103
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $472,236
    Bonus
    $72,786
    Other
    $11,074
    Deferred
    $16,073
    Nontaxable benefits
    $31,030
    Filer's total
    $603,199

  • David R Posch

    EVP for Population Health

    Total calculated
    $1,327,284
    From this org
    $1,275,224
    From related orgs
    $0
    Other
    $52,060
    Hours/week
    49.1 + 0.9 related

    Schedule J breakdown matched by us

    Base
    $860,134
    Bonus
    $410,764
    Other
    $4,326
    Deferred
    $16,302
    Nontaxable benefits
    $35,758
    Filer's total
    $1,327,284

  • David S Raiford MD

    Chief of Clinical Staff (Role Ended June 30, 2023)

    Total calculated
    $1,389,315
    From this org
    $1,264,678
    From related orgs
    $0
    Other
    $124,637
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $485,935
    Bonus
    $411,587
    Other
    $367,156
    Deferred
    $100,894
    Nontaxable benefits
    $23,743
    Filer's total
    $1,389,315

  • Donald Brady MD

    Exec Vice Dean - Aca Affairs & Exec VP - Ed Affairs (Beginning 1/1/23)

    Total calculated
    $1,011,086
    From this org
    $858,445
    From related orgs
    $0
    Other
    $152,641
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $623,367
    Bonus
    $219,746
    Other
    $15,332
    Deferred
    $143,073
    Nontaxable benefits
    $9,568
    Filer's total
    $1,011,086

  • Jennifer A Pietenpol PHD

    Chief Scientific and Strategy Officer

    Total calculated
    $1,507,153
    From this org
    $1,285,365
    From related orgs
    $0
    Other
    $221,788
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $837,371
    Bonus
    $412,148
    Other
    $35,846
    Deferred
    $188,936
    Nontaxable benefits
    $32,852
    Filer's total
    $1,507,153

  • Lee Ann Liska MBA

    Pres & Chief Oper Off at VUH (Beginning 7/1/23)

    Total calculated
    $678,060
    From this org
    $630,432
    From related orgs
    $0
    Other
    $47,628
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $532,679
    Bonus
    $71,977
    Other
    $25,776
    Deferred
    $16,302
    Nontaxable benefits
    $31,326
    Filer's total
    $678,060

  • Margaret G Rush MD MMHC

    Pres & Exec Med Dir, MCJCH

    Total calculated
    $1,651,210
    From this org
    $1,388,378
    From related orgs
    $0
    Other
    $262,832
    Hours/week
    48.9 + 1.1 related

    Schedule J breakdown matched by us

    Base
    $785,293
    Bonus
    $544,848
    Other
    $58,237
    Deferred
    $244,290
    Nontaxable benefits
    $18,542
    Filer's total
    $1,651,210

  • Rick Wright MD

    CMO and Sr VP for Clinical Affairs (Beginning 7/1/23)

    Total calculated
    $1,951,474
    From this org
    $1,761,975
    From related orgs
    $0
    Other
    $189,499
    Hours/week
    49 + 1 related

    Schedule J breakdown matched by us

    Base
    $1,261,757
    Bonus
    $392,192
    Other
    $108,026
    Deferred
    $146,242
    Nontaxable benefits
    $43,257
    Filer's total
    $1,951,474

  • Shon Dwyer MBA RN

    President, Vanderbilt Adult Hospital (Role Ended 6/30/23)

    Total calculated
    $2,279,297
    From this org
    $2,115,760
    From related orgs
    $0
    Other
    $163,537
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $548,533
    Bonus
    $0
    Other
    $1,567,227
    Deferred
    $151,025
    Nontaxable benefits
    $12,512
    Filer's total
    $2,279,297

  • Thomas S Nantais MBA

    EVP Adult Ambulatory (Role Ended May 1, 2023)

    Total calculated
    $837,314
    From this org
    $808,361
    From related orgs
    $0
    Other
    $28,953
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $300,054
    Bonus
    $0
    Other
    $508,307
    Deferred
    $15,075
    Nontaxable benefits
    $13,878
    Filer's total
    $837,314

  • Travis Capers FACHE

    President of Vanderbilt Regional Community Hospitals

    Total calculated
    $789,018
    From this org
    $770,423
    From related orgs
    $0
    Other
    $18,595
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $615,306
    Bonus
    $153,875
    Other
    $1,242
    Deferred
    $9,151
    Nontaxable benefits
    $9,444
    Filer's total
    $789,018

  • Wendy Monaci MBA

    EVP Adult Ambulatory (Beginning 5/1/23)

    Total calculated
    $729,120
    From this org
    $624,369
    From related orgs
    $0
    Other
    $104,751
    Hours/week
    49 + 1 related

    Schedule J breakdown matched by us

    Base
    $539,278
    Bonus
    $82,156
    Other
    $2,935
    Deferred
    $86,302
    Nontaxable benefits
    $18,449
    Filer's total
    $729,120

  • Zeena M Abdulahad MPA

    EVP and Chief Development Officer

    Total calculated
    $1,461,843
    From this org
    $1,280,713
    From related orgs
    $0
    Other
    $181,130
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $769,299
    Bonus
    $354,787
    Other
    $156,627
    Deferred
    $164,909
    Nontaxable benefits
    $16,221
    Filer's total
    $1,461,843

  • Amir Abtahi MD

    Assistant Professor, Department of Orthopaedic Surgery

    Total calculated
    $1,708,219
    From this org
    $1,646,337
    From related orgs
    $0
    Other
    $61,882
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $1,177,043
    Bonus
    $435,808
    Other
    $33,486
    Deferred
    $16,073
    Nontaxable benefits
    $45,809
    Filer's total
    $1,708,219

  • Ashish S Shah MD FACS

    Professor, Cardiac

    Total calculated
    $1,578,222
    From this org
    $1,512,748
    From related orgs
    $0
    Other
    $65,474
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $1,275,354
    Bonus
    $225,652
    Other
    $11,742
    Deferred
    $16,073
    Nontaxable benefits
    $49,401
    Filer's total
    $1,578,222

  • Byron Stephens II MD MSCI

    Associate Professor, Department of Orthopaedic Surgery

    Total calculated
    $1,944,104
    From this org
    $1,901,976
    From related orgs
    $0
    Other
    $42,128
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $1,361,959
    Bonus
    $526,977
    Other
    $13,040
    Deferred
    $16,073
    Nontaxable benefits
    $26,055
    Filer's total
    $1,944,104

  • Paul Sternberg Jr MD

    CMO & VP Clinical Affairs

    Total calculated
    $1,522,708
    From this org
    $1,469,781
    From related orgs
    $0
    Other
    $52,927
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $1,120,143
    Bonus
    $310,631
    Other
    $39,007
    Deferred
    $16,073
    Nontaxable benefits
    $36,854
    Filer's total
    $1,522,708

  • Seth J Karp MD

    Professor of Surgery, Biomedical Ethics & Society, and Anesthesiology

    Total calculated
    $1,652,677
    From this org
    $1,603,707
    From related orgs
    $0
    Other
    $48,970
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $1,168,026
    Bonus
    $404,458
    Other
    $31,223
    Deferred
    $16,073
    Nontaxable benefits
    $32,897
    Filer's total
    $1,652,677

  • William W Stead MD

    FORMER CHIEF STRATEGY OFFICER (ROLE ENDED DECEMBER 2020)

    Total calculated
    $158,153
    From this org
    $132,375
    From related orgs
    $0
    Other
    $25,778
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $125,588
    Bonus
    $0
    Other
    $6,787
    Deferred
    $6,458
    Nontaxable benefits
    $19,320
    Filer's total
    $158,153

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · First-class or charter travel
  • 1a · Tax indemnification and gross-up payments
  • 1a · Personal services (maid, chauffeur, chef)
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 1a First-class or charter travel
Vanderbilt University Medical Center excludes the benefits from taxable income when a documented business purpose is served. 1 officer received charter travel benefits that were not included in taxable compensation 2 officers and two key employees received first class travel benefits that were not included in taxable compensation
Schedule J, Part I, Line 1a Tax indemnification and gross-up payments
1 Officer and 1 Key employee RECEIVED TAX GROSS-UP PAYMENT BENEFITS THAT WERE INCLUDED IN TAXABLE COMPENSATION.
Schedule J, Part I, Line 1a Personal services
One officer received security service benefits not included in taxable compensation
Schedule J, Part I, Line 4a Severance or change-of-control payment
Two key employees, Shon Dwyer and Thomas Nantais, received severance payments totaling $909,725.77 and $426,216.00 respectively
Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
Certain individuals listed in Form 990, Schedule J, Part II participate in nonqualified deferred compensation plans. Amounts contributed to the plans include fixed percentages of annual bonus payments and fixed dollar amounts. CONTRIBUTIONS TO THE PLAN VEST ON THE FIRST DAY OF THE FOURTH PLAN YEAR FOLLOWING CONTRIBUTION, OR UPON OCCURRENCE OF OTHER EVENTS SPECIFIED IN THE PLAN (INCLUDING EXPIRATION OF THE PARTICIPANT'S EMPLOYMENT AGREEMENT, IF PARTICIPANT HAS REACHED AGE 65). Current year accruals of compensation associated with these plans are included in the amounts reported for each individual in Schedule J, Part II, Column (C). The payout of these amounts in future years will be included in the amounts reported in Schedule J, Part II, Column (B)(iii) for such individuals. Amounts accrued in prior years and previously reported in Schedule J, Part II, Column (C) are reported in Schedule J, Part II, Column (F). Payouts were made under these plans to 2 officers and 5 key employees during 2023. Jeffrey R. Balser received a payout totaling $956,184; Cecelia B. Moore received a payout totaling $276,719; Shon Dwyer received a payout totaling $641,995; THOMAS S. NANTAIS received a payout totaling $61,920, of which $35,383 had been accrued in prior years; David Raiford received a payout totaling $341,577; Margaret Rush received a payout totaling $42,201; and ZEENA M. ABDULAHAD received a payout totaling $154,395.
Schedule J, Part I, Line 7 Non-fixed payments
Certain individuals listed in Schedule J, Part II received variable incentive compensation based on the achievement of pre-established goals where judgment was determined by the Compensation Committee. Incentive payments are shown in Schedule J, Part II, Column B(ii).

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • Vanderbilt Health Services LLC

    Holding Company · TN · income $2,547,608 · assets $14,539,008

    Directly controlled by VUMC

  • Friends in Global Health LLC

    Public Health · TN · income $34,728,095 · assets -$23,686,687

    Directly controlled by VHS

  • Vanderbilt-Wilson Radiation Oncology LLC

    Holding Company · TN · income $3,442,413 · assets -$642,409

    Directly controlled by VHS

  • Vanderbilt Health Affiliated Network LLC

    Clinical Network · TN · income $26,164,773 · assets $6,561,711

    Directly controlled by VHS

  • Project Holding Company LLC

    Holding Company · TN · income $0 · assets $9,645,014

    Directly controlled by VUMC

  • Health Professional Solutions LLC

    Holding Company · TN · income $0 · assets -$2,185,509

    Directly controlled by VUMC

  • Vanderbilt Health Rx Solutions LLC

    Pharmacy Administration · TN · income $2,486,100 · assets $6,290,799

    Directly controlled by HPS

  • Bundle Payment Services LLC

    ADMINISTRATIVE SERVICES · TN · income $0 · assets $0

    Directly controlled by VUMC

  • Retail Health Clinics LLC

    Walk-in Clinics · TN · income $9,812,798 · assets -$4,037,811

    Directly controlled by VHS

  • Nashville BioSciences LLC

    Research & Development in Biotechnology · TN · income $27,758,840 · assets $16,719,829

    Directly controlled by VUMC

  • Vanderbilt Health Supply Chain Solutions LLC

    Consulting · TN · income $2,555,735 · assets $1,232,272

    Directly controlled by HPS

  • Vanderbilt Health Purchasing Collaborative LLC

    Group Purchasing Organization · TN · income $10,706,106 · assets $9,388,790

    Directly controlled by VHSCS

  • ACO of Central Alabama 1 LLC

    Accountable Care Organization · DE · income $708,624 · assets $190,154

    Directly controlled by VWRO

  • ACO of North Delaware LLC

    Accountable Care Organization · DE · income $336,956 · assets -$3,508

    Directly controlled by VWRO

  • Mid South ACO LLC

    Accountable Care Organization · DE · income $2,404,931 · assets -$1,410,685

    Directly controlled by VWRO

  • Vanderbilt Home Care Services LLC

    Home Health · TN · income $14,871,306 · assets -$26,490,356

    Directly controlled by VHS

  • Carefluent Connect LLC

    Comprehensive Care Services · TN · income $3,011,554 · assets $4,556,609

    Directly controlled by VHSCS

  • Vanderbilt Health Clinicians LLC

    ADMINISTRATIVE SERVICES · TN · income $0 · assets $0

    Directly controlled by VUMC

  • Vanderbilt Integrated Providers LLC

    Physician Offices · TN · income $41,130,010 · assets -$28,002,194

    Directly controlled by VHS

  • Vanderbilt Bedford Hospital LLC

    General Medical and Surgical Hospitals · TN · income $51,673,304 · assets -$1,098,955,346

    Directly controlled by VUMC

  • Vanderbilt Coffee Hospital LLC

    General Medical and Surgical Hospitals · TN · income $84,701,302 · assets -$2,492,780,787

    Directly controlled by VUMC

  • Vanderbilt Montgomery Holdings LLC

    Holding Company · TN · income $5,888,201 · assets $45,221,875

    Directly controlled by VUMC

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • Ambulatory Surgery Center of Cool Springs LLC

    Related · Ambulatory Surgery · TN · 60.2% owned · share of income $3,202,926 · share of assets $4,609,490

    Directly controlled by VHS

  • New Light Imaging LLC

    Related · Management Services · TN · 66.67% owned · share of income $1,702,806 · share of assets $417,493

    Directly controlled by VHS

  • One Hundred Oaks Imaging LLC

    Related · Diagnostic Imaging · TN · 77.6% owned · share of income $2,773,805 · share of assets $3,013,369

    Directly controlled by VHSVIS

  • Springfield VIP Realty LLC

    Excluded · Real Estate · TN · 49% owned · share of income $39,137 · share of assets $412,609 · general or managing partner

    Directly controlled by VUMC

  • Vanderbilt-Ingram Cancer Center at Tennova Healthcare - Clarksville

    Related · Oncology Services · DE · 60% owned · share of income $1,825,178 · share of assets $5,282,763 · general or managing partner

    Directly controlled by VHSCHSGP

  • Vanderbilt Imaging Services LLC

    Related · Radiology Services · TN · 62.67% owned · share of income $7,006,843 · share of assets $16,756,480

    Directly controlled by VHS

  • Vanderbilt Stallworth Rehabilitation Hospital LP

    Related · Rehab Services · TN · 50% owned · share of income -$1,389,306 · share of assets $6,489,019 · general or managing partner

    Directly controlled by VUMCVHS

  • Vanderbilt-Maury Radiation Oncology LLC

    Related · Oncology Services · TN · 40% owned · share of income $425,819 · share of assets $1,876,520 · general or managing partner

    Directly controlled by VHS

  • Vanderbilt Health and Williamson Medical Center Clinics and Services

    Related · Walk-in Clinics · TN · 51% owned · share of income $196,762 · share of assets $5,545,657 · general or managing partner

    Directly controlled by VHS

  • VIP MidSouth LLC

    Related · Physician Offices · TN · 65.02% owned · share of income $702,385 · share of assets $5,677,319 · general or managing partner

    Directly controlled by VIP

  • Williamson Imaging LLC

    Related · Diag. Imaging · TN · 70.14% owned · share of income $2,357,885 · share of assets $2,030,377

    Directly controlled by VHSVIS

  • Spring Hill Surgery Center LLC

    Related · Ambulatory Surgery · TN · 51% owned · share of income $660,820 · share of assets $2,115,637

    Directly controlled by VHS

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • Charitable Remainder Trust (8)

    Trust · Charitable Trust · TN · controlled entity

    Directly controlled by VUMC

  • Perpetual Trusts (1)

    Trust · Charitable Trust · TN · controlled entity

    Directly controlled by VUMC

Provenance

Return type
form_990
Tax year
2023
Filed
12 May 2025
IRS schema version
2023v6.0
Source object
202511329349305461

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.