Medical Financial Services INC
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Collects payments for Baptist Memorial Health Care facilities in the Memphis area. For fiscal year 2024 it reported $203K in revenue, $404K in expenses, and $5.4M in net assets.Pt I
Summary of the Filing
Where the work happens
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.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Claude Vinson’s $95K as Former Executive Director is at the 77th percentile of top reported officer pay among 1966 $100K–1M health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|
| Claude Vinson | $95,131 | $122,277 | $135,713 | $126,654 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 80% | — | — |
| Overhead ratio | 20% | — | — |
| Revenue growth | -65% | — | — |
| Legal fee ratio | 2% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Filings & Schedule Manifest
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Sources
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