Mcleod Regional Medical Center of the Pee Dee Inc
83% goes to programs $0 to raise $100 Strong reserves Growing revenue
Mcleod Regional Medical Center of the Pee Dee Inc is a 501(c)(3) organization based in Florence, South Carolina, registered in 1975, with $1,253,865,948 in FY2023 revenue. CharityIndex grades it A, and it directs about 83% of spending to programs.
555 E Cheves St, Florence, SC, 29506 EIN 57-0370242 Since 1975
Revenue (FY2023)
$1.3B
▲ 12.5% vs prior year
Health median: $840K
Expenses (FY2023)
$1.1B
Net assets
$2.3B
Employees
5,204
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating83% 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 Regional Medical Center of the Pee Dee Inc: 83% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating26 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 Regional Medical Center of the Pee Dee Inc: 26 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 Regional Medical Center of the Pee Dee Inc: 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 Regional Medical Center of the Pee Dee Inc: 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
- 555 E Cheves St, Florence, SC, 29506
- City
- Florence
- State
- South Carolina
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $630.6M (FY2013) to $1.3B (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $404.4MNet assets $2.3B
Operating margin
14.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.7B
Total liabilities
$404.4M
Net assets
$2.3B
Salaries & benefits
$354.0M
33% of expenses
Board members
15
12 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,253,865,948▲12.5% | $1,077,724,347▲10.0% | $2,310,488,401▲20.6% | $2,714,855,408▲15.8% | 990 |
| 2022 | $1,114,283,515▲11.1% | $979,916,880▲2.0% | $1,916,039,936▲11.3% | $2,344,706,218▲8.2% | 990 |
| 2021 | $1,002,564,345▲13.8% | $961,150,115▲23.8% | $1,722,100,633▼8.2% | $2,166,201,101▼7.6% | 990 |
| 2020 | $880,900,650▲10.6% | $776,086,009▲8.7% | $1,875,003,702▲18.1% | $2,343,759,342▲12.1% | 990 |
| 2019 | $796,571,278▲1.6% | $713,865,771▲3.1% | $1,587,193,399▼4.8% | $2,090,467,381▲0.6% | 990 |
| 2018 | $784,112,194▲0.3% | $692,725,354▲5.6% | $1,666,745,871▲5.9% | $2,078,619,232▲5.9% | 990 |
| 2017 | $781,916,631▲1.4% | $655,924,121▲6.6% | $1,573,723,254▲9.2% | $1,963,548,030▲12.4% | 990 |
| 2016 | $770,858,929▲8.8% | $615,032,372▲2.7% | $1,440,631,824▲9.1% | $1,747,084,696▲6.1% | 990 |
| 2015 | $708,390,534▲5.7% | $598,955,324▲6.1% | $1,320,223,437▲13.6% | $1,647,256,407▲10.7% | 990 |
| 2014 | $670,310,080▲6.3% | $564,398,876▲7.5% | $1,162,638,922▲5.9% | $1,487,412,300▲5.8% | 990 |
| 2013 | $630,555,520 | $525,100,457▲6.0% | $1,097,756,678▲14.0% | $1,405,761,124▲8.6% | 990 |
| 2012 | — | $495,214,049▼15.3% | $962,754,887▲18.7% | $1,294,732,435▲11.1% | 990 |
| 2011 | — | $584,990,394▲3.0% | $811,290,285▲23.3% | $1,165,268,929▲15.4% | 990 |
| 2010 | — | $567,713,987▼0.1% | $658,017,251▲5.1% | $1,009,514,518▲2.7% | 990 |
| 2009 | — | $568,106,220 | $626,325,011 | $983,429,431 | 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: Rajesh Bajaj Md — $956,711 (0.09% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Rajesh Bajaj Md | Staff Physician | 40 | $956,711 |
| John Will Mcleod | Mrmc Ceo/sr. Vp | 40 | $758,544 |
| Ravneet Bajwa Mc | Staff Physician | 40 | $733,883 |
| Vijeyaluxmy Motilal Nehru Md | Staff Physician | 40 | $722,081 |
| Sreenivas Rao Md | Staff Physician | 40 | $720,717 |
| Erik Dehlinger Md | Staff Physician | 40 | $684,581 |
| Marwan Elya Md | Trustee/staff Md - Part Year | 40 | $674,152 |
| Tony Derrick | Trustee/chief Nursing Officer | 40 | $319,880 |
| Carl M Humphries | Director | 1 | — |
| Caroline Toniolo | Director | 1 | — |
| C Dale Lusk Md | Svp of Corp/exec Med Officer-part Yr | 1 | — |
| Christina Andrew | Director | 1 | — |
| Donna C Isgett | President/ceo | 5 | — |
| George D Jebaily | Director | 1 | — |
| Jason O'dell Md | Trustee/staff Md | 1 | — |
| Jermaine Ford Md | Director | 1 | — |
| Johnny Rishmawi | Director | 1 | — |
| Luz Mendez Md | Director | 1 | — |
| Matthew Johnson Md | Coo/chief Clinical Officer | 1 | — |
| Rev Merritt Graves | Director | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Qualivis LLC | Contract Labor | $15,970,149 |
| Optimum Healthcare It LLC | Contract Labor | $6,820,205 |
| Health Carousel LLC | Contract Labor | $4,351,236 |
| Pediatrix Medical Group of South Carolin | Contract Labor | $2,339,905 |
| Blake Contracting LLC | Construction Contractor | $2,335,404 |
Grants received · $112K total
6 grants to Mcleod Regional Medical Center of the Pee Dee Inc totaling $112K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Mayo Clinic | Support charitable programs | 2019 | $42,250 |
| Mayo Clinic | Support charitable programs | 2018 | $7,700 |
| Mayo Clinic | Support charitable programs | 2017 | $5,550 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2016 | $26,300 |
| Patient Access Network Foundation | Patient assistance | 2015 | $11,801 |
| Patient Access Network Foundation | Patient assistance | 2014 | $18,667 |
Grants made · $233K in FY2023
4 grants totaling $233K in FY2023. All grants made by Mcleod Regional Medical Center of the Pee Dee Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| South Carolina Nurses Foundation Inc | Nursing program | $75,000 |
| South Carolina Nurses Foundation Inc | Nursing program | $75,000 |
| Coker University | Nursing program | $75,000 |
| South Carolina Nurses Foundation Inc | Nurses foundation | $7,500 |
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Frequently asked questions
- Is Mcleod Regional Medical Center of the Pee Dee Inc a legitimate nonprofit?
- Yes. Mcleod Regional Medical Center of the Pee Dee Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 57-0370242, based in Florence, South Carolina. Donations are tax-deductible.
- What is Mcleod Regional Medical Center of the Pee Dee Inc's EIN?
- Mcleod Regional Medical Center of the Pee Dee Inc's Employer Identification Number (EIN) is 57-0370242.
- How much revenue does Mcleod Regional Medical Center of the Pee Dee Inc report?
- Mcleod Regional Medical Center of the Pee Dee Inc reported $1,253,865,948 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Mcleod Regional Medical Center of the Pee Dee Inc's spending goes to programs?
- Mcleod Regional Medical Center of the Pee Dee Inc spends about 83% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Mcleod Regional Medical Center of the Pee Dee Inc have?
- CharityIndex grades Mcleod Regional Medical Center of the Pee Dee Inc A, based on program efficiency and fundraising cost.
- How much does Mcleod Regional Medical Center of the Pee Dee Inc's highest-paid employee make?
- The highest reported compensation on Mcleod Regional Medical Center of the Pee Dee Inc's latest Form 990 is $956,711, paid to Rajesh Bajaj Md (Staff Physician).
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Data for Mcleod Regional Medical Center of the Pee Dee Inc (EIN 57-0370242) 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.