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Nonprofiteer
← FREEMAN HEALTH SYSTEM

Form 990 for tax year 2022

Filed by FREEMAN HEALTH SYSTEM.

Totals

Total revenue
$654,512,246
Total expenses
$628,958,111
Contributions and grants received
$13,175,586
Grants paid
$2,173,673
Program service revenue
$627,508,534
Investment income
$9,194,603
Other revenue
$4,633,523
Total assets, end of year
$689,877,748
Total liabilities, end of year
$176,375,107
Net assets or fund balances, end of year
$513,502,641
Program services expenses (Part IX)
$543,060,494
Management and general expenses
$85,282,373
Fundraising expenses
$615,244
Program service expenses (Part III)
$543,060,494

Program services were 86.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • THOMAS LEE SANDERS

    PHYSICIAN

    Total calculated
    $2,614,491
    From this org
    $2,582,093
    From related orgs
    $0
    Other
    $32,398
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $1,581,930
    Bonus
    $979,663
    Other
    $20,500
    Deferred
    $8,700
    Nontaxable benefits
    $23,698
    Filer's total
    $2,614,491

  • TODD JOSEPH TWISS

    PHYSICIAN

    Total calculated
    $2,332,589
    From this org
    $2,296,948
    From related orgs
    $0
    Other
    $35,641
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $1,692,066
    Bonus
    $587,332
    Other
    $17,550
    Deferred
    $8,700
    Nontaxable benefits
    $26,941
    Filer's total
    $2,332,589

  • WILLIAM JOHN NICHOLAS

    PHYSICIAN

    Total calculated
    $2,313,923
    From this org
    $2,283,087
    From related orgs
    $0
    Other
    $30,836
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $1,554,992
    Bonus
    $707,595
    Other
    $20,500
    Deferred
    $8,700
    Nontaxable benefits
    $22,136
    Filer's total
    $2,313,923

  • DARWINI DAVID JEYARAJ

    PHYSICIAN

    Total calculated
    $1,947,608
    From this org
    $1,910,952
    From related orgs
    $0
    Other
    $36,656
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $1,573,413
    Bonus
    $317,373
    Other
    $20,166
    Deferred
    $8,700
    Nontaxable benefits
    $27,956
    Filer's total
    $1,947,608

  • THOMAS COY

    PHYSICIAN

    Total calculated
    $1,891,468
    From this org
    $1,860,101
    From related orgs
    $0
    Other
    $31,367
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $1,430,107
    Bonus
    $409,494
    Other
    $20,500
    Deferred
    $8,700
    Nontaxable benefits
    $22,667
    Filer's total
    $1,891,468

  • PAULA F BAKER

    PRESIDENT AND CEO

    Total calculated
    $1,810,362
    From this org
    $1,419,973
    From related orgs
    $354,993
    Other
    $35,396
    Hours/week
    54 + 13.5 related

    Schedule J breakdown matched by us

    Base
    $998,822 + $249,706 related
    Bonus
    $399,642 + $99,910 related
    Other
    $21,509 + $5,377 related
    Deferred
    $6,960 + $1,740 related
    Nontaxable benefits
    $21,357 + $5,339 related
    Filer's total
    $1,448,290 + $362,072 related

  • JOSHUA BALL

    DIRECTOR END 09/22

    Total calculated
    $1,434,532
    From this org
    $1,401,850
    From related orgs
    $0
    Other
    $32,682
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $745,863
    Bonus
    $635,487
    Other
    $20,500
    Deferred
    $8,700
    Nontaxable benefits
    $23,982
    Filer's total
    $1,434,532

  • DAVID L BAKER

    CMO

    Total calculated
    $877,588
    From this org
    $837,054
    From related orgs
    $0
    Other
    $40,534
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $770,877
    Bonus
    $66,177
    Other
    $0
    Deferred
    $8,700
    Nontaxable benefits
    $31,834
    Filer's total
    $877,588

  • JOHN M COX DO

    DIRECTOR

    Total calculated
    $877,147
    From this org
    $846,355
    From related orgs
    $0
    Other
    $30,792
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $829,379
    Bonus
    $1,502
    Other
    $15,474
    Deferred
    $8,700
    Nontaxable benefits
    $22,092
    Filer's total
    $877,147

  • STEVE GRADDY

    CFO

    Total calculated
    $808,663
    From this org
    $648,256
    From related orgs
    $129,651
    Other
    $30,756
    Hours/week
    50 + 10 related

    Schedule J breakdown matched by us

    Base
    $458,266 + $91,653 related
    Bonus
    $186,379 + $37,276 related
    Other
    $3,611 + $722 related
    Deferred
    $7,250 + $1,450 related
    Nontaxable benefits
    $18,381 + $3,675 related
    Filer's total
    $673,887 + $134,776 related

  • KEVIN P GAUDETTE

    VP REVENUE CYCLE

    Total calculated
    $544,581
    From this org
    $508,947
    From related orgs
    $0
    Other
    $35,634
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $390,595
    Bonus
    $118,352
    Other
    $0
    Deferred
    $8,700
    Nontaxable benefits
    $26,934
    Filer's total
    $544,581

  • DENNIS ESTEP

    FORMER CMO

    Total calculated
    $405,164
    From this org
    $368,398
    From related orgs
    $0
    Other
    $36,766
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $354,139
    Bonus
    $14,259
    Other
    $0
    Deferred
    $8,700
    Nontaxable benefits
    $28,066
    Filer's total
    $405,164

  • JEFFERY E THOMPSON

    CHIEF CLINICAL OFFICER

    Total calculated
    $395,730
    From this org
    $362,266
    From related orgs
    $0
    Other
    $33,464
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $256,189
    Bonus
    $85,855
    Other
    $20,222
    Deferred
    $8,700
    Nontaxable benefits
    $24,764
    Filer's total
    $395,730

  • WESLEY B BRAMAN

    VP BUSINESS DEVELOPMENT

    Total calculated
    $347,671
    From this org
    $315,267
    From related orgs
    $0
    Other
    $32,404
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $273,255
    Bonus
    $42,012
    Other
    $0
    Deferred
    $8,700
    Nontaxable benefits
    $23,704
    Filer's total
    $347,671

  • LARRY MCINTIRE DO

    DIRECTOR

    Total calculated
    $327,290
    From this org
    $317,064
    From related orgs
    $0
    Other
    $10,226
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $283,676
    Bonus
    $13,186
    Other
    $20,202
    Deferred
    $8,700
    Nontaxable benefits
    $1,526
    Filer's total
    $327,290

  • LEONARD T ROLLINS

    CHIEF INFORMATION OFFICER

    Total calculated
    $320,509
    From this org
    $284,855
    From related orgs
    $0
    Other
    $35,654
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $226,353
    Bonus
    $38,002
    Other
    $20,500
    Deferred
    $8,550
    Nontaxable benefits
    $27,104
    Filer's total
    $320,509

  • MICHAEL B SANDERS

    CONTROLLER

    Total calculated
    $300,082
    From this org
    $269,713
    From related orgs
    $0
    Other
    $30,369
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $221,573
    Bonus
    $35,140
    Other
    $13,000
    Deferred
    $8,319
    Nontaxable benefits
    $22,050
    Filer's total
    $300,082

  • MARY A FRERER

    CHIEF HUMAN RESOURCE OFFICER

    Total calculated
    $288,494
    From this org
    $260,004
    From related orgs
    $0
    Other
    $28,490
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $219,375
    Bonus
    $35,429
    Other
    $5,200
    Deferred
    $8,096
    Nontaxable benefits
    $20,394
    Filer's total
    $288,494

  • BRANDON C DAVIS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • GLENN MITCH MCCUMBER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • GLENN BROWN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • J SCOTT BROTHERS

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • JAMES FLEISCHAKER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JIM ARMSTRONG

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    1

  • LANCE BESHORE PHD

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • MARK WILLIAMS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • RODNEY MCFARLAND MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

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

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 6a · Pay contingent on this organization's net earnings

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 6A
MANAGEMENT COMPENSATION: FREEMAN HEALTH SYSTEM PROVIDES MANAGEMENT THE POTENTIAL TO RECEIVE AN AT-RISK PAYMENT BASED ON SYSTEM AND INDIVIDUAL GOAL ACHIEVEMENT. THE AMOUNT OF COMPENSATION IS BASED UPON A PERCENTAGE OF THE EMPLOYEE'S ANNUAL COMPENSATION AND IS SUBJECT TO BOARD APPROVAL.
SCHEDULE J, PART II, COLUMN (B)(II)
BONUS & INCENTIVE COMPENSATION: THE ORGANIZATION PROVIDES PHYSICIANS THE POTENTIAL TO RECEIVE ANNUAL BONUS COMPENSATION. PHYSICIAN BONUSES ARE CALCULATED BASED ON GENERATING WORKED RELATIVE VALUE UNITS (WRVU). EMPLOYMENT CONTRACTS SPECIFY THE NUMBER OF REQUIRED WRVUS (TO OBTAIN AN ANNUAL SALARY) AND THE ADDITIONAL BONUS COMPENSATION PHYSICIANS WILL RECEIVE ONCE THE REQUIRED WRVUS HAVE BEEN MET. ADDITIONAL BONUS COMPENSATION IS CALCULATED BY MULTIPLYING THE WRVUS IN EXCESS OF REQUIRED WRVUS TIMES A PREDETERMINED COMPENSATION FACTOR. WRVUS SHALL BE COMPUTED BY USE OF THE APPROVED MEDICARE METHODS OF COMPUTATION FOR PHYSICIAN PRACTICES.

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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

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.

Related partnerships

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

  • FREEMAN SURGICAL CE

    RELAETED · AMBULATORY SURGER · MO · 54.77% owned · share of income $8,894,567 · share of assets $2,495,826

    Directly controlled by FREEMAN HLTH

Provenance

Return type
form_990
Tax year
2022
Filed
12 August 2023
IRS schema version
2022v5.0
Source object
202400409349300445

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.