FLOYD HEALTHCARE MANAGEMENT INC Charity Report

Public IRS 990 nonprofit record

FLOYD HEALTHCARE MANAGEMENT INC

EIN 58-1973570 · Community Health Systems (E21)

What they do

to IMPROVE HEALTH, ELEVATE HOPE, and ADVANCE HEALING - for ALL.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $78.10 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 2024The charity has a recent tax report to read.

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

They name their leaders38 people are listed in the latest report.

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

Money made simple

74.55%of revenue went to mission work78.1% of expenses · Program services

$95.50spent for every $100 of revenueRevenue covered expenses this year.

20.95%of revenue went to management and office costs21.9% of expenses

$1.15in assets for every $1 spent this yearSome assets cannot be spent right away.

0.3%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 $1,157,221 for KENNETH JONES JR MD (SVP & CMO). 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 2024

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$772,081,569

Mission workProgram services$575,574,71074.55% of revenue78.1% of expenses

ManagementOffice and general costs$161,759,24620.95% of revenue21.9% of expenses

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

Revenue left after expensesReported annual surplus$34,747,6134.50% of revenueShown in gray on the chart

Total expenses$737,333,95695.50% 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

2024CurrentExpense mix: 78.1% mission · 21.9% management · 0.0% fundraisingTotal expenses: 95.50% of revenue

2023Expense mix: 80.3% mission · 19.7% management · 0.0% fundraisingTotal expenses: 104.42% of revenue

2022Expense mix: 93.9% mission · 6.1% management · 0.0% fundraisingTotal expenses: 98.04% of revenue

2021Expense mix: 58.9% mission · 41.0% management · 0.1% fundraisingTotal expenses: 128.83% of revenue

2020Expense mix: 77.0% mission · 22.9% management · 0.1% fundraisingTotal expenses: 92.09% of revenue

2019Expense mix: 75.8% mission · 24.1% management · 0.1% fundraisingTotal expenses: 98.69% of revenue

2018Expense mix: 75.2% mission · 24.7% management · 0.1% fundraisingTotal expenses: 97.05% of revenue

2017Expense mix: 75.4% mission · 24.5% management · 0.1% fundraisingTotal expenses: 100.43% of revenue

Money in and money out

Revenue$772,081,569

Expenses$737,333,956

Annual surplus $34,747,613 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)$575,574,710 · 78.1% of expenses

Management and office costs$161,759,246 · 21.9% of expenses

See all reported dollar amounts

Revenue$772,081,569

Expenses$737,333,956

Assets$849,796,206

Income$773,863,779

Contributions$2,218,918

Mission work (program services)$575,574,710

Grants given$7,246,966

Average grant$181,174

Management and general$161,759,246

Executive compensation (total)$8,166,485

Stocks and bonds$143,177,973

Accounting fees$13,400

Investing fees$2,311,392

People

Leadership and board

Tax year 2024

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

People reported as paid

Person and titleCompensation

KENNETH JONES JR MDSVP & CMO · 40 hrs/week $1,157,221Base $875,258 · Other $281,963

CHAD J BECK MDPHYSICIAN · 40 hrs/week $979,588Base $912,572 · Other $67,016

TOMMY MANNINGSVP, CHF LEGAL OFF & SEC · 39 hrs/week $794,518Base $694,580 · Other $99,938

JILL MARTINPHYSICIAN · 40 hrs/week $758,515Base $687,729 · Other $70,786

MATTHEW GORMANVP CORP/NETWORK SVC · 1 hrs/week $709,654Base $609,482 · Other $100,172

SHEILA BENNETTSVP CHIEF OF PATIENT SVCS · 40 hrs/week $680,228Base $626,769 · Other $53,459

SAMUEL QUAYNOR MDPHYSICIAN · 40 hrs/week $642,831Base $595,682 · Other $47,149

JEFFREY D BUDACHIEF INFORMATION OFFICER · 40 hrs/week $642,448Base $549,161 · Other $93,287

KEN D HAYNESDIRECTOR · 1 hrs/week $586,470Base · Other $586,470

MATTHEW CORNFORTH MDPHYSICIAN · 40 hrs/week $583,417Base $556,503 · Other $26,914

WILLIAM ASBURYPHYSICIAN · 40 hrs/week $556,943Base $500,107 · Other $56,836

RICHARD CHILDSVP REV CYCLE MGMT · 40 hrs/week $525,028Base $523,415 · Other $1,613

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 (38)

KENNETH JONES JR MDSVP & CMO

CHAD J BECK MDPHYSICIAN

TOMMY MANNINGSVP, CHF LEGAL OFF & SEC

JILL MARTINPHYSICIAN

MATTHEW GORMANVP CORP/NETWORK SVC

SHEILA BENNETTSVP CHIEF OF PATIENT SVCS

SAMUEL QUAYNOR MDPHYSICIAN

JEFFREY D BUDACHIEF INFORMATION OFFICER

KEN D HAYNESDIRECTOR

MATTHEW CORNFORTH MDPHYSICIAN

WILLIAM ASBURYPHYSICIAN

RICHARD CHILDSVP REV CYCLE MGMT

SHANNON JOE VAUGHN MDDIRECTOR

TAUNYA FAULKNERVP PERF IMPROV

E CLARICE CABLEFORMER OFFICER (6/22)

TIFANI KINARDVP RURAL HEALTH

CHARMAINE THOMASVP BH & RISK MGMT

AIMEE GRIFFINVP PROF SVCS

WARREN SONNY RIGASFORMER OFFICER (6/22)

DAVID EARLYDIRECTOR SPRT SVC

JAMES COLLINS JR MDDIRECTOR

KEERTHY KRISHNAMANIEXEC MED DIRECTOR

ROBERT HOLCOMBE JR MDDIRECTOR

KRIS SHEPARDDIRECTOR

KURT STUENKELDIR, PRES/SEC/CEO

PHILIP WHEELERCFO

KAY CHUMBLERDIRECTOR

CARL J HERRING MDCHAIR

DAVID JOHNSONDIRECTOR

GARRY FRICKSDIRECTOR

TODD BUSSEYDIRECTOR

GEORGE A BOSWORTH MDDIRECTOR

RHONDA WALLACEDIRECTOR

MARK MANISDIRECTOR

FRANK STEGALL JR MDDIRECTOR

W DAVID NEWBYDIRECTOR

CHRISTOPHER PILLER MDVICE CHAIR

WRIGHT BAGBY JRDIRECTOR

About this charity

Recognized since: January 1992
Location: 304 TURNER MCCALL BLVD SW, ROME, GA 30165-5621
County: Floyd
In care of: PHILIP WHEELER
Primary officer: PHILIP WHEELER, CFO

How to reach them

WebsiteVisit the charity’s website Phone(706) 509-6074

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
NTEE classification: Community Health Systems (E21)
IRS tax category: Community Health Systems
Grant-giving organization: Yes