First Horizon National Corporation
501(c)(9)
100% goes to programs Thin reserves
First Horizon National Corporation is a 501(c)(9) organization based in Memphis, Tennessee, registered in 1984, with $73,306,395 in FY2024 revenue. CharityIndex grades it C, and it directs about 100% of spending to programs.
Po Box 84, Memphis, TN, 38101 EIN 62-6174729 Since 1984
Revenue (FY2024)
$73.3M
▲ 7.2% vs prior year
Expenses (FY2024)
$71.3M
Net assets
-$1.3M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
C+Program efficiency40% of the rating100% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For First Horizon National Corporation: 100% to programs earns a C+ on this criterion. See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · +3% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For First Horizon National Corporation: 0 mo reserves · +3% margin earns a D on this criterion. See the exact thresholds →
C+Governance25% of the rating3 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For First Horizon National Corporation: 3 of 6 checks met earns a C+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For First Horizon National Corporation: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Collect employee and employer contributions for healthcare and remit funds to claims administrators
Contact & location
Financial trends
Revenue grew from $32.2M (FY2013) to $73.3M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $5.8MNet assets -$1.3M
Operating margin
2.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.5M
Total liabilities
$5.8M
Net assets
-$1.3M
Salaries & benefits
$1.7M
2% of expenses
Board members
9
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $73,306,395▲7.2% | $71,276,107▲2.2% | -$1,291,828▲50.8% | $4,479,579▲75.2% | 990 |
| 2023 | $68,377,897▲9.6% | $69,727,953▲7.7% | -$2,623,192▼89.2% | $2,556,993▼36.4% | 990 |
| 2022 | $62,368,223▼10.6% | $64,758,688▲0.4% | -$1,386,386▼237% | $4,017,437▼35.6% | 990 |
| 2021 | $69,750,966▲86.3% | $64,522,463▲67.1% | $1,009,532▲126% | $6,241,012▲522% | 990 |
| 2020 | $37,436,153▼1.6% | $38,619,763▼2.1% | -$3,871,151▼171% | $1,003,537▼60.8% | 990 |
| 2019 | $38,049,436▲2.1% | $39,467,171▲2.5% | -$1,430,923▼74050% | $2,560,632▼29.5% | 990 |
| 2018 | $37,281,415▲20.9% | $38,493,307▲24.3% | $1,935▼99.8% | $3,632,943▼21.6% | 990 |
| 2017 | $30,837,832▲10.9% | $30,976,244▲0.9% | $1,231,115▼11.4% | $4,631,989▲10.3% | 990 |
| 2016 | $27,799,923▲23.8% | $30,698,966▲14.8% | $1,389,496▼67.8% | $4,199,070▼40.6% | 990 |
| 2015 | $22,453,796▼23.1% | $26,733,700▲7.5% | $4,311,045▼49.0% | $7,069,521▼37.9% | 990 |
| 2014 | $29,187,964▼9.2% | $24,865,214▼14.6% | $8,459,516▲104% | $11,379,994▲62.1% | 990 |
| 2013 | $32,161,021 | $29,114,456▼12.0% | $4,155,674▲275% | $7,018,462▲60.6% | 990 |
| 2012 | — | $33,101,973▼5.1% | $1,109,109▲1262% | $4,369,182▲28.6% | 990 |
| 2011 | — | $34,888,601 | -$95,419 | $3,396,263 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Amy Shreve | Trustee | 2 | — |
| April Murray | Trustee | 2 | — |
| Deborah Mannon | Trustee | 2 | — |
| Gardiner Gruenewald | Trustee | 2 | — |
| Karen Kruse | Trustee | 2 | — |
| Karen Sones | Trustee | 2 | — |
| Kim Anderson | Secretary | 2 | — |
| Pamela Hiss | Trustee | 2 | — |
| Rhomes Aur | Trustee (until 3/24) | 2 | — |
| Susan Fletcher | Trustee | 2 | — |
| Tamica Cole-peck | Trustee | 2 | — |
| Tanya Hart | Chair | 2 | — |
Frequently asked questions
- Is First Horizon National Corporation a legitimate nonprofit?
- Yes. First Horizon National Corporation is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 62-6174729, based in Memphis, Tennessee.
- What is First Horizon National Corporation's EIN?
- First Horizon National Corporation's Employer Identification Number (EIN) is 62-6174729.
- How much revenue does First Horizon National Corporation report?
- First Horizon National Corporation reported $73,306,395 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of First Horizon National Corporation's spending goes to programs?
- First Horizon National Corporation spends about 100% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does First Horizon National Corporation have?
- CharityIndex grades First Horizon National Corporation C, based on program efficiency and fundraising cost.
- How much does First Horizon National Corporation's highest-paid employee make?
- The highest reported compensation on First Horizon National Corporation's latest Form 990 is $0, paid to Amy Shreve (Trustee).
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Data for First Horizon National Corporation (EIN 62-6174729) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.