McLeod Health
Nonprofit profile at a glance
- EIN
- 510473500
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Florence, SC, United States
- Phone
- 8437772256
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Community Health Systems
Reported finances
- Revenue
- $399,579,390
- Expenses
- $401,431,177
- Assets
- $192,238,563
- Liabilities
- $255,626,157
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
35 people listed
Executive titles in this filing
- DONNA C ISGETT (PRESIDENT/CEO)
Highest reported compensation
- DONNA C ISGETT (PRESIDENT/CEO): $2,430,056 total reported compensation
- PATRICK DENTON MD (TRUSTEE/STAFF MD-RELATED ORG): $1,692,407 total reported compensation
- S FULTON ERVIN III (CORPORATE SR. VP/CFO - PART YEAR): $1,208,592 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Gifts made in support of the HOPE Fund (Helping Oncology Patients Everyday) provide funding for oncology patient support services and provide oncology staff with improved access for immediate assistance needs for their patients. Programs supported through this fund provide transportation and medication needs for patients with few resources and educational manuals and supplies. Find out more about the McLeod Foundation. Close McLEOD REGIONAL MEDICAL CENTER FLORENCE.
What it reported doing in 2024
Mcleod health was formed to be a supporting organization to mcleod regional medical center of the pee dee, inc. It also supports other entities in the system such as mcleod medical center - dillon, mcleod loris seacoast hospital, mcleod health cheraw, mcleod health clarendon, and mcleod physician associates ii. On a daily basis, mcleod health coordinates the delivery of quality acute care services to the residents of the eastern region of South Carolina and the extreme southeastern region of North Carolina, regardless of ability to pay. See also the community benefit report for mcleod health on schedule o.
Operating model
- Revenue model
- Other-operating. 100% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 100% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 95
- Accountability: 88
- Sustainability: 22
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 89.9%; rating input score 90
- Program expense ratio: 89.5%; rating input score 90
- Fundraising efficiency: Limited
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: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 79.2%; rating input score 79; 27th 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 24; 24th percentile among comparable filings
- Total-asset coverage ratio: 0.48; rating input score 17; 17th percentile among comparable filings
- Liabilities to assets ratio: 1.33; rating input score 3; 3rd percentile among comparable filings
- Officer compensation ratio: 2.4%; rating input score 48; 48th percentile among comparable filings
Growth
- Program expense growth: 9.3% per year; rating input score 100; 71st percentile among comparable filings
- Revenue growth: 9.4% per year; rating input score 100; 74th percentile among comparable filings
- Asset growth: 17.8% per year; rating input score 100; 90th percentile among comparable filings
Details
- What they do: 4 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 89.9% of revenue deployed · 89.5% of spending went to programs
- Governance: 19 of 24 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $359.3M in reported program spending
- Leadership: top reported pay $2.4M · 35 people listed · 5 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $9.9M reported
- Consistency: 35 of 35 current checks pass
- Schedules: 8 filed schedules · includes major donors, executive pay, and related organizations
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 9 filed money-flow records
- Related organizations: 13 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Operating margin scored 24/100.
- High — Sustainability: Total-asset coverage ratio scored 17/100.
- High — Sustainability: Liabilities to assets ratio scored 3/100.
- Moderate — Sustainability: Officer compensation ratio scored 48/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.