McLeod Healt is a general hospital based in Florence, SC that was founded in 1906. As of 2019 they had $784 million in revenue and $2.0 billion in assets.
McLeod Health, a predominant healthcare organization, is dedicated to patients and their families. Founded in 1906, McLeod is a locally owned, not-for-profit healthcare system which features the strength of more than 650 physicians and 1,600 nurses.
Previous legal names or variations of their name include: Mcleod Regional Medical Center Of The Pee Dee; Mcleod Medical Center Darlington; and Mcleod Behavioral Health.
EIN:
57-0370242
City:
State:
Website:
Phone:
843-777-2000
Founded:
1906
Type:
501(c)(3)
NTEE:
Revenue:
$784,112,194
Assets:
$2,078,619,232
Employees:
5,316
Fiscal year end:
September
Program areas at McLeod Healt
See community benefit report on schedule h.
Form 990s for McLeod Healt
| Fiscal year ending | Date received by IRS | Form | PDF link |
|---|
| 2019-09 | Oct 22, 2020 | 990 | View PDF |
| 2018-09 | Oct 15, 2019 | 990 | View PDF |
| 2017-09 | Nov 15, 2018 | 990 | View PDF |
| 2016-09 | Nov 7, 2017 | 990 | View PDF |
| 2015-09 | Oct 19, 2016 | 990 | View PDF |
| ...and six more Form 990 PDFs |
Financials for McLeod Healt
| Field | 2019 | 2018 | % Change |
|---|
| Federated campaigns | $0 | $0 | |
| Membership dues | $0 | $0 | |
| Fundraising event contributions | $0 | $0 | |
| Related organizations | $4,059,221 | $2,750,693 | 47.6% |
| Government grants (contributions) | $207,283 | $207,183 | 0.0% |
| Normal grants, contributions, etc. | $0 | $0 | |
| <em>Non-cash contributions included in above</em> | $0 | $0 | |
| Total grants, contributions, etc. | $4,266,504 | $2,957,876 | 44.2% |
| Field | 2019 | 2018 | % Change |
|---|
| Total grants, contributions, etc. | $4,266,504 | $2,957,876 | 44.2% |
| Program services | $734,216,919 | $706,467,936 | 3.9% |
| Investment income and dividends | $12,642,528 | $10,150,569 | 24.5% |
| Tax-exempt bond proceeds | $0 | $0 | |
| Royalty revenue | $0 | $0 | |
| Net rental income | $-6,186,078 | $325,038 | -2003.2% |
| Net gain from sale of non-inventory assets | $13,035,577 | $39,202,487 | -66.7% |
| Net income from fundraising events | $0 | $0 | |
| Net income from gaming activities | $0 | $0 | |
| Net income from sales of inventory | $0 | $0 | |
| Miscellaneous revenues | $26,136,744 | $22,812,725 | 14.6% |
| Total revenues | $784,112,194 | $781,916,631 | 0.3% |
| Field | 2019 | 2018 | % Change |
|---|
| Grants to govts. and orgs. in USA | $150,000 | $150,000 | |
| Grants to individuals in USA | $0 | $0 | |
| Grants to govts., orgs., and individuals outside USA | $0 | $0 | |
| Benefits paid to or for members | $0 | $0 | |
| Compensation of current officers, etc. | $1,920,478 | $1,564,362 | 22.8% |
| Compensation not included above, to disqualified persons | $0 | $0 | |
| Non-officer salaries and wages | $243,424,124 | $225,732,579 | 7.8% |
| Pension/retirement accruals and contributions | $0 | $0 | |
| Other employee benefits | $57,700,775 | $54,147,568 | 6.6% |
| Payroll taxes | $0 | $0 | |
| Management fees | $72,250,454 | $62,341,981 | 15.9% |
| Legal fees | $560,485 | $624,248 | -10.2% |
| Accounting fees | $48,594 | $29,210 | 66.4% |
| Lobbying fees | $0 | $0 | |
| Pro. fundraising fees | $0 | $0 | |
| Investment mgmt fees | $0 | $0 | |
| Other fee-for-service | $31,966,195 | $33,443,552 | -4.4% |
| Advertising and promotion | $743,787 | $1,036,931 | -28.3% |
| Office expenses | $166,787,335 | $158,629,472 | 5.1% |
| Information tech. expenses | $2,274,128 | $1,976,157 | 15.1% |
| Royalty expenses | $0 | $0 | |
| Occupancy | $9,550,684 | $9,139,368 | 4.5% |
| Travel | $747,703 | $764,347 | -2.2% |
| Public official travel and entertainment | $0 | $0 | |
| Conferences, meetings, etc. | $358,327 | $344,406 | 4.0% |
| Interest | $9,892,154 | $8,938,854 | 10.7% |
| Payments to affiliates | $0 | $0 | |
| Depreciation, amortization, etc. | $41,022,691 | $45,292,383 | -9.4% |
| Insurance | $3,733,486 | $3,102,844 | 20.3% |
| All other expenses | $121,844,408 | $111,007,840 | 9.8% |
| Total expenses | $692,725,354 | $655,924,121 | 5.6% |
| Field | 2019 | 2018 | % Change |
|---|
| Cash (non-interest-bearing) | $0 | $0 | |
| Savings, short-term investments, etc. | $23,583,715 | $12,772,851 | 84.6% |
| Pledges and grants receivable | $0 | $0 | |
| Accounts receivable | $99,242,232 | $95,610,057 | 3.8% |
| Loans receivable from officers, directors, etc. | $0 | $0 | |
| Loans receivable from other disqualified persons | $0 | $0 | |
| Notes and loans receivable | $0 | $0 | |
| Inventories for use | $6,849,785 | $8,222,533 | -16.7% |
| Prepaid expenses and deferred charges | $6,604,842 | $4,444,666 | 48.6% |
| Buildings, equipment, etc. post-depreciation | $538,965,198 | $514,867,533 | 4.7% |
| Investments, publicly traded securities | $0 | $0 | |
| Investments, other securities | $1,034,910,626 | $1,034,714,534 | 0.0% |
| Investments, program-related | $0 | $0 | |
| Intangible assets | $0 | $0 | |
| Other assets | $368,462,834 | $292,915,856 | 25.8% |
| Total assets | $2,078,619,232 | $1,963,548,030 | 5.9% |
| Field | 2019 | 2018 | % Change |
|---|
| Accounts payable and accrued expenses | $98,548,202 | $68,759,995 | 43.3% |
| Grants payable | $0 | $0 | |
| Deferred revenue | $123,580 | $119,648 | 3.3% |
| Tax-exempt bond liabilities | $289,759,756 | $296,729,250 | -2.3% |
| Escrow or custodial account liability | $0 | $0 | |
| Loans payable to officers and disqualified persons | $0 | $0 | |
| Secured mortgages and notes payable to unrelated third parties | $0 | $0 | |
| Unsecured notes and loans payable to unrelated third parties | $0 | $0 | |
| Other liabilities | $23,441,823 | $24,215,883 | -3.2% |
| Total liabilities | $411,873,361 | $389,824,776 | 5.7% |
| Field | 2019 | 2018 | % Change |
|---|
| Unrestricted net assets | $1,666,745,871 | $1,573,723,254 | 5.9% |
| Temporarily restricted net assets | $0 | $0 | |
| Permanently restricted net assets | $0 | $0 | |
Vendors for McLeod Healt
| Vendor | Services | Amount paid | Date |
|---|
| KPMG LLP | Tax accounting | | 2020-07-30 |
| █████████ ████████ | Software | | 2019-09-16 |
| █████████ | Content management system software | | 2019-09-12 |
| ███████ ██████ ████████████ ███ | Construction Services | $19,246,999 | 2019-09-01 |
| █████████ ███████ █████ | Medical Services | $2,335,853 | 2019-09-01 |
| ██████ ██████████ ███ | Architectural Services | $6,080,941 | 2019-09-01 |
| ██████ ████████ ████████ | Elect Plumbing Services | $4,088,290 | 2019-09-01 |
| ███ ███████ ████████ ███ | Medical Services | $2,381,598 | 2019-09-01 |
| ...and one more vendors |
Personnel at McLeod Healt
| Name | Title | Compensation | Most recent data |
|---|
| Robert L Colones | President and Chief Executive Officer of Relations Org | $0 | Sept. 30, 2019 |
| Donna C Isgett | Chief Operating Officer Relations Org | $0 | Sept. 30, 2019 |
| █ ██████ █████ | Chief Financial Officer of System | $0 | Oct. 22, 2020 |
| █ ██████ █████ | Chief of Staff Relations Org | $0 | Sept. 30, 2019 |
| ██████ █ █████████ | Vice President and Chief Medical Officer | $486,251 | Sept. 30, 2019 |
| ████ █ ███████ | Chief of Nursing MRMC | $166,578 | Sept. 30, 2019 |
| █ ████ ████ | Vice President Medical Services and Chief Marketing Officer | $407,700 | Sept. 30, 2019 |
| █████ █ ████ | Medical Director | $0 | Sept. 30, 2019 |
| ██████ █ ██████ | Cos MRMC | $439,276 | Sept. 30, 2018 |
| ███████ █ ████ | Chairman and Senior Vice President | $533,309 | Sept. 30, 2019 |
| ...and four more key personnel |
Peer general hospitals
| | Name | Type | Revenue | Location |
|---|
| 1 | Prisma Health Tuomey | 501(c)(3) | $218 million | Sumter, SC |
| 2 | AnMed Health | 501(c)(3) | $641 million | Anderson, SC |
| 3 | Bon Secours St Francis Hospital | 501(c)(3) | $241 million | Ladson, SC |
| 4 | Unity Hospital of Rochester | 501(c)(3) | $505 million | Rochester, NY |
| 5 | SSM Health Care of Oklahoma | 501(c)(3) | $614 million | St Louis, MO |
| 6 | Ascension NE Wisconsin | 501(c)(3) | $228 million | Appleton, WI |
| 7 | Saint Agnes Hospital | 501(c)(3) | $434 million | Baltimore, MD |
| 8 | St Vincent Evansville | 501(c)(3) | $528 million | Evansville, IN |
| 9 | Beaumont Hospital Dearborn | 501(c)(3) | $1.3 billion | Southfield, MI |
| 10 | St Luke's Hospital of Duluth | 501(c)(3) | $523 million | Duluth, MN |
| 11 | St Joseph Hospital of Nashua | 501(c)(3) | $211 million | Nashua, NH |
| 12 | Englewood Hospital | 501(c)(3) | $666 million | Englewood, NJ |
| 13 | United Hospital Center | 501(c)(3) | $407 million | Bridgeport, WV |
| 14 | Rideout Health | 501(c)(3) | $216 million | Yuba City, CA |
| 15 | Texas Health Dallas | 501(c)(3) | $683 million | Dallas, TX |
| 16 | Memorial Health Services Group Return | 501(c)(3) | $2.3 billion | Fountain Valley, CA |
| 17 | Bronson Battle Creek Hospital (BBCH) | 501(c)(3) | $242 million | Battle Creek, MI |
| 18 | Lancaster General Health Penn Medicine (LGH) | 501(c)(3) | $1.0 billion | Lancaster, PA |
| 19 | St Cloud Hospital | 501(c)(3) | $950 million | St Cloud, MN |
| 20 | CHRISTUS St Frances Cabrini Hospital | 501(c)(3) | $308 million | Irving, TX |
| 21 | Centrastate Medical Center | 501(c)(3) | $300 million | Freehold, NJ |
| 22 | Christiana Care Health Services | 501(c)(3) | $1.6 billion | Wilmington, DE |
| 23 | Licking Memorial Hospital (LMHS) | 501(c)(3) | $268 million | Newark, OH |
| 24 | White Plains Hospital (WPH) | 501(c)(3) | $716 million | White Plains, NY |
| 25 | Presence Chicago Hospitals Network | 501(c)(3) | $1.1 billion | Chicago, IL |