Memorial Health System

Nonprofit profile at a glance

EIN
314413259
IRS 990 coverage
2009–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
Marietta, OH, USA
Phone
7405682071
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Hospitals

Official website

Reported finances

Revenue
$103,949,540
Expenses
$88,513,596
Assets
$95,431,894
Liabilities
$32,401,095

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)
  • JODY BULLMAN (SELBY PRESIDENT)

Highest reported compensation

  • J SCOTT CANTLEY (CEO): $1,648,636 total reported compensation
  • JOSEPH ZACHARIAS MD (MEDICAL STAFF PRESIDENT): $841,427 total reported compensation
  • SCOTT SILVESTRI (CFO (THRU 12/31/24)): $801,528 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Not explicitly stated on the official website.

What it reported doing in 2024

During the twelve months ending september 30, 2025, the hospital provided 3,701 inpatient care days, 1,870 days of observation care, 3,646 surgical cases, 12,063 physical therapy procedures, 6,845 emergency visits and 24,164 imaging procedures. Selby 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 the community.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program 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

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 54
  • Transparency & Controls: 90
  • Accountability: 92
  • Sustainability: 65
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 57%; rating input score 57
  • Program expense ratio: 66.9%; rating input score 67
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 8th 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: Limited

Accountability

  • Independent voting board: 86.7%; rating input score 87; 33rd 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: 14.8%; rating input score 82; 82nd percentile among comparable filings
  • Total-asset coverage ratio: 1.08; rating input score 42; 42nd percentile among comparable filings
  • Liabilities to assets ratio: 0.34; rating input score 51; 51st percentile among comparable filings
  • Officer compensation ratio: 1.5%; rating input score 65; 65th percentile among comparable filings

Growth

  • Program expense growth: 9.6% per year; rating input score 100; 73rd percentile among comparable filings
  • Revenue growth: 9.2% per year; rating input score 100; 73rd percentile among comparable filings
  • Asset growth: 10.5% per year; rating input score 100; 72nd percentile among comparable filings

Details

  • What they do: 2 operating locations identified
  • Where the money goes: 57% of revenue deployed · 66.9% of spending went to programs
  • Governance: 13 of 15 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $59.2M 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 · $2.2M reported
  • Consistency: 29 of 30 current checks pass · 1 finding to review
  • Schedules: 8 filed schedules · includes major donors and executive pay
  • Filing history: 15 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Related organizations: 7 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.

  • Review — Financial Efficiency: Mission deployment rate scored 57/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
  • Review — Sustainability: Liabilities to assets ratio scored 51/100.