Recent IRS tax filings for 2024 (see below) show that the TMH Board approved a $1.3 million annual increase for TMH CEO Mark O’Bryant in 2024 bringing his annual compensation to $3.1 million.
The IRS document addressing TMH’s financial activities for 2024 was filed on August 14, 2025.
TMH officials have indicated that the TMH Board of Directors conducts an annual evaluation, and a comprehensive executive compensation review every two years.
TMH officials – in an email to TR – stated that the increase in the 2024 compensation was related to “a one-time payout from an enhanced retirement plan.”
The IRS Form 990 labels approximately $1.4 million of the increase as “other reportable compensation” in a category called “supplemental nonqualified retirement plan.”
The IRS defines a “supplemental nonqualified retirement plan” as a plan that is not generally available to all employees but is available only to a certain class or classes of management or highly compensated employees. These plans are typically used to supplement an employee’s qualified plan or serve as an additional compensation tool for highly compensated individuals. They are not subject to the same tax-favored treatment as qualified plans and are often used to provide specialized forms of compensation to key executives or employees instead of making them partners or part owners in a company or corporation.
TMH officials, as when asked by the Tallahassee Democrat in May 2025, would not confirm the 2025 compensation.
FSU, TMH Salaries
In May of this year, the Tallahassee Democrat addressed the compensation of FSU President Richard McCullough and O’Bryant amid the negotiations between FSU and TMH related to the academic medical center.
The report noted McCullough’s annual base salary is $1.1 million and that the FSU board may award him an annual performance bonus of up to 50% of his salary earned.
The Democrat reported that “TMH declined to provide the full compensation for O’Bryant or a breakdown of his specific goals.” The report cited a 2023 tax document stating, “O’Bryant makes nearly $1.8 million a year across his base pay, nontaxable benefits, retirement, other reportable compensation and bonuses and incentives.”
“This ensures we remain competitive in attracting and retaining experienced, high-performing leadership,” said Stephanie M. Derzypolski, the hospital’s chief communications officer.
“All compensation decisions are informed by market data and closely tied to performance outcomes that reflect TMH’s mission, patient experience, quality, fiscal responsibility, and long-term strategic goals,” Derzypolski said.
TMH 2024 IRS FORM 990
TMH Board Approves $3.1 Million Compensation Package for CEO Mark O’Bryant, a $1.3 Million Annual Increase added by Steve Stewart on
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What also piqued my interest is the Investment Income of $16,473,223 found on line 3 above AND found on TMH’s 990. Part I, Line 10 “Investment Income” – dividends, interest and other similar. Will need someone with more post-nominal letters to find the assets that generate that income.
It should also be noted that Dr. Farrugia Gianrico who runs ALL of Mayo Clinic. ($13,970,744,790. more than 13 times the revenue of TMH) for a comp package of $4,309,705
It’s sad that some of us employees are told they’re cutting overtime and even with this 3% crap raise are needing to work 90 hours or more just to pay bills and not have an eviction on their door. We’re over here working jobs cleaning up urine and poop and having to take classes to defend ourselves when patients get violent.
Yep screw the Harding working employees of all positions give shitty raises no bonuses because we’re in the negative but TMH has plenty of money to pay a ridiculous salary to the CEO and all of the other VPs and assistant VPs. It’s BS TMH does not value its employees at all a 3% increase is not a pay increase it just covers the cost of health insurance going up $56. TMH is becoming a place where nobody wants to work cause they don’t value their employees. Shame on TMH.
When Mark O’Bryant first came, he wanted to “cut out the fat”. We have more fat than ever before!! We have a CEO, a President and no less than 12 VP’s! And let’s not forget the Junior VP’s and all the other “Leadership” positions. It seems like every week a position is being created that pays far more than the one’s in the trenches actually taking care of patients!! We were all on the edge of our seats, wondering if we would get our 3% increase. All the while, the CEO is getting 50%. Shame on you, TMH.
Certainly a timely report after just receiving our 3% raise on this paycheck. Feels good knowing administration is still getting fairly compensated for all their hard work. I’m sure their productivity reports reflect it as well.
Wow. I can tell that myself and my TMH co-workers find that to be rather gross. Apparently the hospital loses 3-4 million a month and we are all asked to make sure we don’t get overtime even though it’s the only way we can survive. The C Suite is completely disconnected and don’t care that the vast majority of us either rely on second jobs, overtime or a wealthy spouse. This is yet again a major F you by this admin.
Wow! What about the nurses ? .. Nurses and other employees need a raise too!!!
No wonder a hamburger and coke in the cafeteria costs 15 bucks someone has to pay for that raise.
Do an irs form 990 search and look at other not for profit hospitals you will see he is way!!!!!!! Over paid leading a health system that has been a 1 and 2 star medicare ranked hospital. Guess it proved mediocrity gets you big bucks while the hard working rank and file employees get screwed
Tallahassee you all are being ripped off. TMH is breaking even and the CEO gets a raise no wonder they want to keep control of the board, they want the gravy train to keep rolling.
I’m telling you, heads are exploding today at TMH among the rank and file employees today.
And you wonder why healthcare is so expensive
How does his compensation compare to other similar revenue size hospitals?
Why can’t he just do his job for 1.5 million? Why does FSU need to give him a bonus of 50%? He’s supposed to a good job for the 1.5 million.
That’s why they lied to us and told us they didn’t have enough money for the stadium. They are too busy doling out half a million-dollar bonuses to people for doing their GD job!
I’m an alumnus and I hate FSU…They are the biggest bunch of grifters anyone has ever been fleeced by,