Mcleod Loris Seacoast Hospital
94% goes to programs $0 to raise $100 Strong reserves Growing revenue
Mcleod Loris Seacoast Hospital is a 501(c)(3) organization based in Loris, South Carolina, registered in 2013, with $422,940,487 in FY2023 revenue. CharityIndex grades it A+, and it directs about 94% of spending to programs.
3655 Mitchell St, Loris, SC, 29569 EIN 45-3576100 Since 2013
Revenue (FY2023)
$422.9M
▲ 19.7% vs prior year
Health median: $840K
Expenses (FY2023)
$361.6M
Net assets
$319.5M
Employees
1,836
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating94% to programs · $0 to raise $100
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 Mcleod Loris Seacoast Hospital: 94% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating11 mo reserves · +14% 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 Mcleod Loris Seacoast Hospital: 11 mo reserves · +14% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 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 Mcleod Loris Seacoast Hospital: 6 of 6 checks met earns a A+ 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 Mcleod Loris Seacoast Hospital: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Acute care hospital
Contact & location
- Address
- 3655 Mitchell St, Loris, SC, 29569
- City
- Loris
- State
- South Carolina
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $101.6M (FY2013) to $422.9M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $106.4MNet assets $319.5M
Operating margin
14.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$425.9M
Total liabilities
$106.4M
Net assets
$319.5M
Salaries & benefits
$126.7M
35% of expenses
Board members
15
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $422,940,487▲19.7% | $361,647,748▲16.3% | $319,516,734▲23.7% | $425,916,470▲19.3% | 990 |
| 2022 | $353,234,732▲13.6% | $311,033,210▲12.8% | $258,223,995▲19.5% | $357,147,888▲16.5% | 990 |
| 2021 | $310,864,290▲21.4% | $275,834,882▲27.2% | $216,022,473▲19.4% | $306,473,798▲6.9% | 990 |
| 2020 | $256,161,538▲39.0% | $216,849,209▲29.9% | $180,993,065▲27.7% | $286,762,564▲8.3% | 990 |
| 2019 | $184,268,216▲13.3% | $166,911,378▲14.6% | $141,680,736▲14.0% | $264,848,628▲26.2% | 990 |
| 2018 | $162,583,914▲27.4% | $145,641,449▲11.8% | $124,323,898▲15.8% | $209,862,281▲3.5% | 990 |
| 2017 | $127,624,229▲9.0% | $130,311,116▲4.6% | $107,381,605▼2.4% | $202,691,861▲0.8% | 990 |
| 2016 | $117,066,604▼2.2% | $124,601,913▲4.8% | $110,023,775▲285% | $201,014,968▲46.0% | 990 |
| 2015 | $119,728,216▲7.9% | $118,933,067▲17.9% | $28,549,826▲6.7% | $137,689,549▲32.9% | 990 |
| 2014 | $110,989,746▲9.3% | $100,913,883▼0.4% | $26,754,677▲60.4% | $103,633,761▲9.8% | 990 |
| 2013 | $101,568,151 | $101,345,070▲3.0% | $16,678,814▲1.4% | $94,370,729▼4.3% | 990 |
| 2012 | — | $98,401,555 | $16,455,733 | $98,563,150 | 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 (FY2023)
Highest-paid: Monica Vehige — $458,914 (0.13% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Monica Vehige | Ceo - Mcleod Seacoast Hospital | 40 | $458,914 |
| Joseph R Szulewski Md | Staff Physician | 40 | $453,699 |
| Robert Hunter Md | Staff Physician | 40 | $442,401 |
| Matthew Kellner Md | Staff Physician | 40 | $440,416 |
| Leonard Schwartz Md | Staff Physician | 40 | $436,609 |
| Scott Montgomery | Ceo - Mcleod Loris Hospital | 40 | $432,961 |
| Chue Xiong Md | Staff Physician | 40 | $416,140 |
| Amit Pande Md | Trustee/staff Md-related Org | 1 | — |
| Berend Van Der Meer | Trustee Vice Chairman | 1 | — |
| Brian Walker | Trustee Chairman | 1 | — |
| David S Bjerken Md | Trustee Secretary/md Rel Co-part Yr | 1 | — |
| Donna C Isgett | Corporate President/ceo | 1 | — |
| Jennifer Wilbanks Phd | Trustee | 1 | — |
| Jim Smith | Trustee | 1 | — |
| Kelly Wilson | Trustee | 1 | — |
| Kevin Dineen Md | Trustee/chief of Staff/md Rel Co | 1 | — |
| Linda Pickens | Trustee | 1 | — |
| Matthew Johnson Md | Corporate Coo | 1 | — |
| Raymond Holt Md | Trustee/md Rel Co | 1 | — |
| Renee Hembree | Trustee | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Blake Contracting LLC | Construction Contractor | $2,668,508 |
| Qualivis LLC | Contract Labor | $2,014,503 |
| Design Strategies LLC | Design/architecture Services | $1,969,357 |
| Paragon Contracting Services LLC | Consulting Services | $1,555,978 |
| Mplt Healthcare LLC | Contract Labor | $1,246,940 |
Grants made · $75K in FY2023
1 grant totaling $75K in FY2023. All grants made by Mcleod Loris Seacoast Hospital →
| Recipient | Purpose | Amount |
|---|---|---|
| Horry Georgetown Technical College Foundation Inc | Nursing program | $75,000 |
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Frequently asked questions
- Is Mcleod Loris Seacoast Hospital a legitimate nonprofit?
- Yes. Mcleod Loris Seacoast Hospital is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 45-3576100, based in Loris, South Carolina. Donations are tax-deductible.
- What is Mcleod Loris Seacoast Hospital's EIN?
- Mcleod Loris Seacoast Hospital's Employer Identification Number (EIN) is 45-3576100.
- How much revenue does Mcleod Loris Seacoast Hospital report?
- Mcleod Loris Seacoast Hospital reported $422,940,487 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Mcleod Loris Seacoast Hospital's spending goes to programs?
- Mcleod Loris Seacoast Hospital spends about 94% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Mcleod Loris Seacoast Hospital have?
- CharityIndex grades Mcleod Loris Seacoast Hospital A+, based on program efficiency and fundraising cost.
- How much does Mcleod Loris Seacoast Hospital's highest-paid employee make?
- The highest reported compensation on Mcleod Loris Seacoast Hospital's latest Form 990 is $458,914, paid to Monica Vehige (Ceo - Mcleod Seacoast Hospital).
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Data for Mcleod Loris Seacoast Hospital (EIN 45-3576100) 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.