Public Charity

LEXMED INC

LEXMED INC is a Public Charity headquartered in LEXINGTON, SC. Financial data from the 2025 filing: $36.2M revenue, $43.2M expenses, $23.8M total assets.

EIN: 570874078 LEXINGTON, SC Nursing Facilities NTEE: E91 Latest filing: 2025
Total Revenue$36.2M
Total Expenses$43.2M
Total Assets$23.8M
Grant Records0
Filing Years2021–2025

Mission

TO PROMOTE AND FACILITATE THE PROVISION OF CONGREGRATE CARE, NURSING, AND OPERATE HEALTH CARE RELATED FACILITIES FOR THE AGED IN LEXINGTON COUNTY, SOUTH CAROLINA AND THE SURROUNDING AREAS.

Where $100 goes at Lexmed Inc

How Lexmed Inc divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$47 Programs the work itself
$53 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $47 for programs

$47
To promote and facilitate the provision of congregate care, nursing, and operate health care related facilities for the aged in Lexington county, south carolina and the surrounding areas
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

SENIOR VICE PRESIDENT Brian Smith
PHYSICAN Dr Brent Powers
PHYSICAN Dr Charles P Toussaint
PHYSICAN Dr David K Lee
PHYSICAN Dr Quillin Gourley Davis
PHYSICAN Dr Rex Cabaltica

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $36.2M $43.2M $23.8M
2024 $36.5M $41.0M $21.2M
2023 $35.2M $38.1M $19.7M
2022 $34.8M $37.1M $19.8M
2021 $22.7M $25.9M $19.5M

Between 2021 and 2025, reported annual revenue grew from $22.7M to $36.2M (+59%), with total assets most recently reported at $23.8M.

Interactive year-over-year charts and full filing details available with membership.

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