Memorial Health Care System Inc

Organization Overview

Memorial Health Care System Inc is located in Chattanooga, TN. The organization was established in 1946. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 06/2021, Memorial Health Care System Inc employed 4,293 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Memorial Health Care System Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Memorial Health Care System Inc generated $655.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $642.0m during the year ending 06/2021. While expenses have increased by 0.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Memorial Health Care System Inc has awarded 240 individual grants totaling $4,220,807. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

EMPHASIZE HUMAN DIGNITY AND SOCIAL JUSTICE AS WE CREATE HEALTHIER COMMUNITIES BY PROVIDING HEALTH CARE SERVICES REGARDLESS OF ABILITY TO PAY FOR THOSE IN CHATTANOOGA, TN AND THE SURROUNDING AREA.

Describe the Organization's Program Activity:

CARDIOVASCULAR SERVICESCHI MEMORIAL'S GUERRY HEART AND VASCULAR CENTER OFFERS A TEAM OF CARDIAC SPECIALISTS WHO HAVE TRAINED AT SOME OF THE MOST RENOWNED MEDICAL PROGRAMS IN THE COUNTRY. CHI MEMORIAL AND THE CHATTANOOGA HEART INSTITUTE INTEGRATED SERVICES IN EARLY 2011. WITH 25 CARDIOLOGISTS AND TWO CARDIOTHORACIC SURGEONS, THE CHATTANOOGA HEART INSTITUTE HAS LED THE REGION'S LARGEST CENTER DEDICATED SOLELY TO CARDIOVASCULAR CARE FOR THE PAST 40 YEARS. CHI MEMORIAL HOSPITAL CHATTANOOGA AND CHI MEMORIAL HOSPITAL HIXSON EACH PROVIDE CARDIAC IMAGING SERVICES THAT INCLUDE ECHOCARDIOGRAPHY, STRESS ECHOCARDIOGRAPHY, TRANSESOPHAGEAL ECHOCARDIOGRAPHY AND NUCLEAR CARDIOLOGY. CHI MEMORIAL HOSPITAL CHATTANOOGA HAS FIVE CARDIAC CATHETERIZATION LABORATORIES AND TWO ELECTROPHYSIOLOGY LABORATORIES FOR SPECIALIZED CARDIAC PROCEDURES.


IMAGING/ DIAGNOSTIC SERVICESCHI MEMORIAL OFFERS PATIENTS THE FULL RANGE OF OUTPATIENT IMAGING SERVICES. FOR WOMEN, OUR FACILITIES INCLUDE PRIVATE MAMMOGRAPHY SUITES, "SOFT" MAMMOGRAPHY, BREAST CANCER EDUCATION AND SUPPORT SERVICES. IMAGING SERVICES ARE AVAILABLE AT CHI MEMORIAL HOSPITAL CHATTANOOGA, CHI MEMORIAL HOSPITAL HIXSON, CHI MEMORIAL HOSPITAL GEORGIA AND CHI MEMORIAL OOLTEWAH IMAGING CENTER. OUR CAPABILITIES INCLUDE CT, 3-T MRI, DEDICATED BREAST MRI, DIGITAL RADIOGRAPHY, DIGITAL FLUOROSCOPY,NUCLEAR MEDICINE, ULTRASOUND, VASCULAR STUDIES, CARDIAC STRESS TESTING, ECOCARDIOGRAPHY, BONE DENSITY, MAMMOGRAPHY, AND PET/CT.


CANCERTHE REES SKILLERN CANCER INSTITUTE AT CHI MEMORIAL IS THE LEADING PROVIDER OF CANCER SERVICES IN THE CHATTANOOGA AREA. OUR COMPREHENSIVE PROGRAM INCLUDES SEVEN CENTERS OF EXCELLENCE, EACH DEDICATED TO A SPECIFIC TYPE OF CANCER AND SUPPORTED BY INTERDISCIPLINARY TUMOR BOARDS, CLINICAL TRIALS AND ADVANCED TECHNOLOGIES, SUCH AS THE DA VINCI SURGICAL SYSTEM FOR ROBOTIC-ASSISTED MINIMALLY INVASIVE TREATMENT OF PROSTATE, GYNECOLOGIC, HEAD AND NECK, COLORECTAL, LUNG AND OTHER CANCERS. THE REES SKILLERN CANCER INSTITUTE AT CHI MEMORIAL IS THE LEADING PROVIDER OF CANCER SERVICES IN THE CHATTANOOGA AREA. AT CHI MEMORIAL, WE HAVE THE MOST UP TO DATE CANCER TREATMENT MACHINES IN THE INDUSTRY. WE HAVE THE TRUE BEAM STX, NOVALIS TX AND THE SIEMEN'S PRIMUS LINEAR ACCELERATORS. THESE MACHINES USE RADIATION TO TREAT THE PATIENT'S TUMOR.


CHI MEMORIAL HEALTH PROVIDES ADDITIONAL SERVICES INCLUDING BUT NOT LIMITED TO: PRIMARY AND PREVENTIVE CARE SERVICES, SOCIAL SERVICES, NUTRITION SERVICES, PHYSICAL AND SPEECH THERAPY, RADIOLOGY, ENDOSCOPY CENTER, SLEEP DIAGNOSTIC CENTER, AND MOBILE MAMMOGRAPHY SERVICES THAT EXTENDS ACCESS TO MAMMOGRAPHY, HEALTH SCREENINGS, AND EDUCATIONAL INFORMATION TO RESIDENTS IN 35 COUNTIES ACROSS TENNESSEE, GEORGIA AND ALABAMA.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
American Anesthesiology Of Tn
Physician Services
$3,999,229
Monument Consulting Inc
Consulting Services
$2,841,086
Vega Corp Of Tennessee
General Contractor
$1,285,760
Computer Task Group Inc
It Staffing
$1,963,099
G4s Secure Solutions
Security Services
$1,258,343
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$2,263,713
Government grants $25,764,492
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $608,733
Total Revenue from Contributions, Gifts, Grants & Similar$28,028,205
Total Program Service Revenue$590,874,905
Investment income $3,578,954
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$1,658
Net Gain/Loss on Asset Sales $16,579,509
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $655,181,018

Grants Awarded

Over the last fiscal year, Memorial Health Care System Inc has awarded $292,611 in support to 11 organizations.

Grant RecipientAmount

AMERICAN HEART ASSOCIATION

Org PageRecipient Profile

Dallas, TX

PURPOSE: COMMUNITY SUPPORT

$68,750

UNIVERSITY OF CHATTANOOGA FOUNDATION

Org PageRecipient Profile

Chattanooga, TN

PURPOSE: COMMUNITY SUPPORT

$52,000

CHATTANOOGA AREA CHAMBER OF COMMERCE

Org PageRecipient Profile

Chattanooga, TN

PURPOSE: COMMUNITY SUPPORT

$50,000

NOTRE DAME HIGH SCHOOL

Org PageRecipient Profile

Saint Louis, MO

PURPOSE: COMMUNITY SUPPORT

$30,000

UNITED WAY CHATTANOOGA

Org PageRecipient Profile

Chattanooga, TN

PURPOSE: COMMUNITY SUPPORT

$27,861

TOP OF GEORGIA ECONOMIC DEVELOPMENT INITIATIVE

Org PageRecipient Profile

Rock Spring, GA

PURPOSE: COMMUNITY SUPPORT

$15,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Memorial Health Care System Inc has recieved totaling $1,032,886.

Awarding OrganizationAmount
Frank P Pierce Foundation Inc

Chattanooga, TN

PURPOSE: HOSPITAL CONSTRUCTION

$1,000,000
Community Foundation Of Greater Chattanooga Inc

Chattanooga, TN

PURPOSE: BUZ STANDEFER LUNG CENTER 2019 WOD OF GREATER CHATTANOOGA FUNDRAISER

$17,886
Tennessee Hospital Association

Brentwood, TN

PURPOSE: HEALTHCARE SUPPORT GRANT

$15,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,362,974
Earnings$219,078
Ending Balance$1,582,052

Peer Organizations

Organization NameAssets
Ssm Health Care Corporation
St Louis, MO
$1,033,534,741
Bjc Health System
St Louis, MO
$1,155,105,032
Appalachian Regional Healthcare Inc
Lexington, KY
$817,287,479
Memorial Health Care System Inc
Chattanooga, TN
$655,181,018
Wellmont Health System
Johnson City, TN
$662,198,822
Virginia Hospital Center Arlington Health System
Arlington, VA
$673,514,509
Owensboro Health Regional Hospital
Owensboro, KY
$709,904,993
Alexian Brothers Health System
St Louis, MO
$531,298,685
Floyd Healthcare Management Inc
Rome, GA
$501,302,033
Norton Healthcare Inc
Louisville, KY
$492,316,959
Carilion Services Inc
Roanoke, VA
$302,052,496
Gulf Health Hospitals Inc
Mobile, AL
$342,124,939

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