MCLEOD HEALTH CHERAW Charity Report

Public IRS 990 nonprofit record

MCLEOD HEALTH CHERAW

EIN 47-3712858 · Hospitals (E20)

What they do

MCLEOD HEALTH CHERAW OPERATES AS PART of THE MCLEOD HEALTH SYSTEM. THE MISSION of MCLEOD HEALTH is to IMPROVE THE OVERALL HEALTH and WELL BEING of PEOPLE LIVING WITHIN SOUTH CAROLINA and EASTERN NORTH CAROLINA BY PROVIDING EXCELLENCE IN HEALTH CARE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $93.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders23 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

86.66%of revenue went to mission work93.3% of expenses · Program services

$92.88spent for every $100 of revenueRevenue covered expenses this year.

6.22%of revenue went to management and office costs6.7% of expenses

$0.41in assets for every $1 spent this yearSome assets cannot be spent right away.

0.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $552,384 for FOY CONNELL MD (STAFF PHYSICIAN). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$78,777,937

Mission workProgram services$68,269,72386.66% of revenue93.3% of expenses

ManagementOffice and general costs$4,900,6816.22% of revenue6.7% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$5,607,5337.12% of revenueShown in gray on the chart

Total expenses$73,170,40492.88% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2023CurrentExpense mix: 93.3% mission · 6.7% management · 0.0% fundraisingTotal expenses: 92.88% of revenue

2022Expense mix: 94.1% mission · 5.9% management · 0.0% fundraisingTotal expenses: 97.62% of revenue

2021Expense mix: 95.1% mission · 4.9% management · 0.0% fundraisingTotal expenses: 94.65% of revenue

2020Expense mix: 95.1% mission · 4.9% management · 0.0% fundraisingTotal expenses: 93.14% of revenue

2019Expense mix: 96.0% mission · 4.0% management · 0.0% fundraisingTotal expenses: 105.37% of revenue

2018Expense mix: 94.8% mission · 5.2% management · 0.0% fundraisingTotal expenses: 101.77% of revenue

2017Expense mix: 94.1% mission · 5.9% management · 0.0% fundraisingTotal expenses: 99.08% of revenue

2016Expense mix: 94.2% mission · 5.8% management · 0.0% fundraisingTotal expenses: 101.35% of revenue

Money in and money out

Revenue$78,777,937

Expenses$73,170,404

Annual surplus $5,607,533 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$68,269,723 · 93.3% of expenses

Management and office costs$4,900,681 · 6.7% of expenses

See all reported dollar amounts

Revenue$78,777,937

Expenses$73,170,404

Assets$29,684,126

Income$79,166,484

Contributions$18,533

Mission work (program services)$68,269,723

Grants given$35,000

Average grant$17,500

Management and general$4,900,681

Executive compensation (total)$526,126

Accounting fees$36,738

People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

FOY CONNELL MDSTAFF PHYSICIAN · 40 hrs/week $552,384Base $508,490 · Other $43,894

VINAY JAGADEESHA MDSTAFF PHYSICIAN · 40 hrs/week $513,254Base $484,282 · Other $28,972

JEFFREY SCHARSTEIN MDSTAFF PHYSICIAN · 40 hrs/week $479,422Base $450,664 · Other $28,758

DANIEL G SIMPSON MDTRUSTEE · 40 hrs/week $447,565Base $403,038 · Other $44,527

DOUGLASS LILLY MDSTAFF PHYSICIAN · 40 hrs/week $422,092Base $374,487 · Other $47,605

BENJAMIN WESTON MDSTAFF PHYSICIAN · 40 hrs/week $406,073Base $374,521 · Other $31,552

BREN T LOWECEO-MCLEOD CHERAW HOSPITAL · 40 hrs/week $354,064Base $285,262 · Other $68,802

MICHAEL HARLESS MDTRUSTEE · 40 hrs/week $286,393Base $259,354 · Other $27,039

DONNA C ISGETTCORPORATE PRES/CEO · 1 hrs/week $224,924Base · Other $224,924

S FULTON ERVIN IIICORPORATE SR. VP/CFO · 1 hrs/week $129,833Base · Other $129,833

MATTHEW JOHNSON MDCORPORATE COO · 1 hrs/week $99,955Base · Other $99,955

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (23)

FOY CONNELL MDSTAFF PHYSICIAN

VINAY JAGADEESHA MDSTAFF PHYSICIAN

JEFFREY SCHARSTEIN MDSTAFF PHYSICIAN

DANIEL G SIMPSON MDTRUSTEE

DOUGLASS LILLY MDSTAFF PHYSICIAN

BENJAMIN WESTON MDSTAFF PHYSICIAN

BREN T LOWECEO-MCLEOD CHERAW HOSPITAL

MICHAEL HARLESS MDTRUSTEE

DONNA C ISGETTCORPORATE PRES/CEO

S FULTON ERVIN IIICORPORATE SR. VP/CFO

MATTHEW JOHNSON MDCORPORATE COO

DAVIS YARBOROUGHTRUSTEE

HAROLD WATSONTRUSTEE

CORA H DAVIDTRUSTEE

MAJIK LOWERYTRUSTEE

MARY ANDERSONTRUSTEE

MIA COLE MDTRUSTEE - PART YEAR

PHILLIP CAULDERTRUSTEE

REV JOHNNIE MCLENDONTRUSTEE

ROBERT SCHULTZTRUSTEE

SAMUE RICHARDSON MDTRUSTEE

TRAVIS NOVINGER MDCHIEF OF STAFF

CHRISTY TRUESDALETRUSTEE

About this charity

Recognized since: January 2015
Location: 555 EAST CHEVES STREET, FLORENCE, SC 29506
County: Florence
In care of: CHRISTIAN L SOURA
Primary officer: CHRISTIAN L SOURA, CFO OF SYSTEM

How to reach them

WebsiteVisit the charity’s website Phone(843) 777-5304

Filing and classification

Latest tax year: 2023
Tax period began: October 1, 2023
Return type: 990
Tax preparer: PLANTE & MORAN PLLC
NTEE classification: Hospitals (E20)
IRS tax category: Hospitals
Grant-giving organization: Yes