Memorial Health System
Legal name: Marietta Memorial Hospital
Nonprofit profile at a glance
- EIN
- 314379509
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Marietta, OH, United States
- Phone
- (740) 374-1400
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Hospital, General
Reported finances
- Revenue
- $571,778,893
- Expenses
- $568,857,329
- Assets
- $758,051,515
- Liabilities
- $565,537,465
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
26 people listed
Executive titles in this filing
- J SCOTT CANTLEY (CEO)
- JOSEPH ZACHARIAS MD (MEDICAL STAFF PRESIDENT)
Highest reported compensation
- J SCOTT CANTLEY (CEO): $1,648,636 total reported compensation
- DAN BREECE DO (VP, PHYSICIAN SERVICES): $1,360,441 total reported compensation
- JOSEPH ZACHARIAS MD (MEDICAL STAFF PRESIDENT): $841,427 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our Mission To enhance the health of the people and the communities we serve. Our Vision. Excellence** – We will be excellent in all we do and won’t choose services we cannot be excellent at providing. We strive for the top 10% in the nation for quality, care, and service. Life** – We want to maximize the quality of life for our community from healing to support so they can live their best lives. Related Media. Related Media IconCHL Magazine Care That Shows Up All Year Long Wednesday, January 7th, 2026 A message from Memorial Health System President and CEO Scott Cantley on showing up for our commu...
What it reported doing in 2024
During the twelve months ending september 30, 2025 the hospital provided 42,854 inpatient care days, 264,904 hours of observation care, 10,154 surgical cases, 90,348 physical therapy procedures, 74,319 emergency visits, 998 deliveries, 22,171 chemotherapy treatments, 18,813 radiation treatments, 12,485 wound care visits, 1,662 cardiac catheterizations and 149,996 imaging procedures. Marietta memorial believes in more than providing the best local healthcare. We believe in investing in our community, supporting our neighbors, our families and friends. Our commitment is truly to our community - as an employer, as a corporate citizen and as a community resource and as a healthcare provider. To that end, the hospital, its physicians, staff and volunteers extend themselves well beyond patient care. We provide community clinical support services, wellness education, programs, support groups, financial support to local organizations, and our own personal time to ensure the highest quality of life for everyone within our community. We call it giving back. Part of our mission extends to wellness education and health prevention. We speak out in our community, we sponsor support groups, we provide dozens of wellness programs and we provide monthly opportunities for free and/or low cost health screenings. The hospital supports partnerships, community health coalitions, area chambers of commerce, local not-for-profit organizations, local schools and governments. Additionally, many of our staff members, physicians and volunteers donate their time to serve on local boards, committees, and associations. We provide opportunities for local students to train within our hospital under various educational programs and agreements with area school systems. This serves both the students and the community as it often increases our supply of local health care workers.
Operating model
- Revenue model
- Earned-program. 97% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 89% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 71
- Transparency & Controls: 96
- Accountability: 89
- Sustainability: 41
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 71.5%; rating input score 71
- Program expense ratio: 72.2%; rating input score 72
- Fundraising efficiency: $31.04 raised per $1 spent on fundraising; rating input score 66; 66th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 81.2%; rating input score 81; 29th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 0.5%; rating input score 34; 34th percentile among comparable filings
- Total-asset coverage ratio: 1.33; rating input score 49; 49th percentile among comparable filings
- Liabilities to assets ratio: 0.75; rating input score 20; 20th percentile among comparable filings
- Officer compensation ratio: 1%; rating input score 74; 74th percentile among comparable filings
Growth
- Program expense growth: 2.9% per year; rating input score 100; 21st percentile among comparable filings
- Revenue growth: 5.6% per year; rating input score 100; 49th percentile among comparable filings
- Asset growth: 7.8% per year; rating input score 100; 57th percentile among comparable filings
Details
- What they do: 7 programs and campaigns described on the official site
- Where the money goes: 71.5% of revenue deployed · 72.2% of spending went to programs
- Governance: 13 of 16 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $410.5M in reported program spending
- Leadership: top reported pay $1.6M · 26 people listed · 5 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $42.8M reported
- Consistency: 34 of 34 current checks pass
- Schedules: 11 filed schedules · includes major donors, grants, executive pay, and related organizations
- Filing history: 15 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 10 filed money-flow records
- Related organizations: 9 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 34/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
- High — Sustainability: Liabilities to assets ratio scored 20/100.