Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: NET PATIENT SERVICE REVENUE

  total $21,923,449 · related or exempt $21,923,449

• 2b · Program service revenue: OTHER OPERATING

  total $4,825,382 · related or exempt $4,825,382

• 2c · Program service revenue: PATIENT SELECT, LLC

  total $45,063 · unrelated business $45,063

• 3 · Investment income

  total $33,981 · excluded $33,981

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $879 · program services $879

• 7 · Other salaries and wages

  total $24,158,303 · program services $16,262,828 · management and general $7,895,475

• 8 · Pension plan contributions

  total $595,921 · program services $560,808 · management and general $35,113

• 9 · Other employee benefits

  total $1,385,196 · program services $1,251,601 · management and general $133,595

• 10 · Payroll taxes

  total $1,218,389 · program services $1,140,857 · management and general $77,532

• 11g · Fees: other

  total $1,477,086 · program services $1,421,635 · management and general $55,451

• 12 · Advertising and promotion

  total $5,780 · program services $5,693 · management and general $87

• 13 · Office expenses

  total $170,628 · program services $166,475 · management and general $4,153

• 14 · Information technology

  total $9,697 · program services $8,613 · management and general $1,084

• 16 · Occupancy

  total $1,156,572 · program services $1,156,572

• 17 · Travel

  total $37,253 · program services $33,814 · management and general $3,439

• 22 · Depreciation, depletion and amortization

  total $125,344 · program services $125,344

• 23 · Insurance

  total $1,924,530 · program services $1,924,530

• 24a · Other expenses: ALLOCATION OF OVERHEAD

  total $1,399,865 · management and general $1,399,865

• 24b · Other expenses: MEDICAL & PHARMACEUTICA

  total $457,964 · program services $457,964

• 24c · Other expenses: EQUIPMENT & MAINTENANCE

  total $170,313 · management and general $170,313

• 24d · Other expenses: DUES & SUBSCRIPTIONS

  total $66,584 · program services $66,476 · management and general $108

• 24e · All other expenses

  total $53,603 · program services $53,603

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $510,208 · end of year $242,736

• 4 · Accounts receivable

  beginning of year $0 · end of year $6,217,962

• 10a · Land, buildings and equipment: cost or other basis

  $1,147,945

• 10b · Land, buildings and equipment: accumulated depreciation

  $757,985

• 10c · Land, buildings and equipment, net

  beginning of year $513,816 · end of year $389,960

• 13 · Investments: program-related

  beginning of year $2,049,041 · end of year $1,957,010

• 15 · Other assets

  beginning of year $0 · end of year $21,110,545

• 17 · Accounts payable and accrued expenses

  beginning of year $1,708,313 · end of year $3,193,951

• 25 · Other liabilities

  beginning of year $0 · end of year $33,113,895

• 27 · Net assets without donor restrictions

  beginning of year $1,364,752 · end of year -$6,389,633

The filer's explanations (Part III)

PART I, LINE 3

A COMPREHENSIVE REVIEW OF THE CEO'S TOTAL COMPENSATION IS CONDUCTED BY THE BENEFITS AND COMPENSATION COMMITTEE OF HOUSTON HEALTHCARE SYSTEM, INC. MINUTES REFLECTING THE DELIBERATIONS OF THE COMMITTEE ARE RECORDED AND FILED. THE COMMITTEE IS COMPRISED OF THREE MEMBERS OF THE BOARD OF DIRECTORS. IN CONSIDERING AN ADJUSTMENT TO THE COMPENSATION PACKAGE FOR THE CEO, VARIOUS STUDIES ARE CONSIDERED AND FACTORED INTO THE FINAL DECISION, INCLUDING THE GEORGIA VHA EXECUTIVE COMPENSATION SURVEY-CEO, THE GEORGIA HOSPITAL ASSOCIATION SURVEY OF EXECUTIVE COMPENSATION, AND AN EXECUTIVE SALARY SURVEY OF GEORGIA HOSPITAL EXECUTIVES CONDUCTED ANNUALLY BY HR ADVANTAGE, A COMPENSATION CONSULTANT WITH NATION-WIDE REACH. ALL OF THE ENTITIES AND INDIVIDUALS PROVIDE COMPENSATION DATA INDEPENDENT OF THE OTHERS. SUBSEQUENT TO THE REVIEW, A RECOMMENDATION REGARDING THE CEO'S COMPENSATION IS REVIEWED AND MODIFIED/APPROVED BY THE BOARD OF DIRECTORS OF HOUSTON HOSPITALS, INC. A SIMILAR PROCESS IS EMPLOYED FOR THE CFO. THE REVIEWS ARE PERFORMED ON AN ANNUAL BASIS.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• HOUSTON PRIMARY CARE PHYSICIANS LLC

  PATIENT SERVICE · GA · income -$1,238,718 · assets $182,576

  Directly controlled by HOUSTON HEALTHCARE SYSTEM INC

• HOUSTON PHYSICIANS SPECIALISTS LLC

  PATIENT SERVICE · GA · income $12,296,340 · assets $804,427

  Directly controlled by HOUSTON HEALTHCARE SYSTEM INC

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• PATIENT SELECT LLC

  UNRELATED · MSO · GA · 74.58% owned · share of income $77,183 · share of assets $1,933,403 · general or managing partner

  Directly controlled by HOUSTON HEALTHCARE SYSTEM INC

• HOUSTON ASC LLC

  SURGERY CENTER · GA

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• HOUSTON HEALTH VENTURES INC

  C · PATIENT SERVICE · GA · 100% owned · share of income $591,370 · share of assets $4,866,646 · controlled entity

  Directly controlled by HOUSTON HEALTHCARE SYSTEM INC