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EIN 62-1112364

Medical Financial Services

IRS 501(c) type
501(c)(3)
Num. employees
23
City
Memphis
State
Tennessee
Year formed
1982
Most recent tax filings
2023-09-01
NTEE code, primary
E00: Health Care: General
Description
Medical Financial Services provides a comprehensive range of accounts receivable management and collection services for Baptist Memorial Health Care Corporation owned/managed facilities in the Memphis metro area. It eliminates the need for in-house collection personnel, allowing these resources to be used effectively. The company demonstrates a collaborative spirit in working with its clients to provide cost-effective services.
Total revenues
$585,810
2023
Total expenses
$439,785
2023
Total assets
$5,986,177
2023
Num. employees
23
2023

Program areas at Medical Financial Services

Medical Financial Services, Inc. Provides collection Services for baptist memorial health care corporation owned or managed facilities in the memphis metro area. This eliminates the need for in-house collection personnel, allowing these resources to be used in the patient-care function. These Services are performed at a lower cost than taxable for-profit collection agencies, enabling the hospitals within the baptist memorial health care system to reinvest the savings into improving the quality of and lowering the cost of health care in the communities served.

Personnel at Medical Financial Services

NameTitleCompensation
Claude VinsonFormer Executive Director$122,277
Angela WilliamsRepresentative, Team Leader
Jason M LittlePresident$0
Paul D DepriestVice President and Director$0
William A GriffinSecretary and Director$0
...and 3 more key personnel

Financials for Medical Financial Services

RevenuesFYE 09/2023
Total grants, contributions, etc.$0
Program services$585,810
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$585,810

Form 990s for Medical Financial Services

Fiscal year endingDate received by IRSFormPDF link
2023-092024-08-14990View PDF
2022-092023-08-15990View PDF
2021-092022-08-11990View PDF
2020-092021-09-03990View PDF
2019-092020-10-09990View PDF
...and 10 more Form 990s

Organizations like Medical Financial Services

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HRMC FoundationHuron, SD$516,792
Health Foundation of South FloridaMiami, FL$403,953
Chuckanut Health FoundationBellingham, WA$1,384,668
Sunrise FoundationBowman, ND$152,590
Chime Education FoundationAnn Arbor, MI$289,579
Dr Rafael A Penalver ClinicMiami, FL$761,345
Foundation for A Mindful SocietyNew York, NY$233,962
Lha FoundationBaton Rouge, LA$1,743,830
Data update history
September 26, 2024
Posted financials
Added Form 990 for fiscal year 2023
September 22, 2024
Updated personnel
Identified 1 new personnel
September 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 10, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 11, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsHealth organizationsHeadquarter / parent organizationsCharities
Issues
Health
Characteristics
LobbyingState / local levelTax deductible donationsAccepts online donations
General information
Address
350 N Humphreys Blvd
Memphis, TN 38120
Metro area
Memphis, TN-MS-AR
County
Shelby County, TN
Website URL
medfinsrvcs.com/ 
Phone
(901) 821-7163
IRS details
EIN
62-1112364
Fiscal year end
September
Taxreturn type
Form 990
Year formed
1982
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
E00: Health Care: General
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Central organization
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