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Nonprofiteer
← TEXAS HEALTH PHYSICIANS GROUP

Form 990 for tax year 2023

Filed by TEXAS HEALTH PHYSICIANS GROUP.

Totals

Total revenue
$613,383,283
Total expenses
$872,122,012
Contributions and grants received
$2,406,974
Grants paid
$0
Program service revenue
$609,504,157
Investment income
$183,494
Other revenue
$1,288,658
Total assets, end of year
$258,422,546
Total liabilities, end of year
$150,359,821
Net assets or fund balances, end of year
$108,062,725
Program services expenses (Part IX)
$777,191,195
Management and general expenses
$94,930,817
Fundraising expenses
$0
Program service expenses (Part III)
$777,191,195

Program services were 89.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $1,605,495

  • 1e · Government grants (contributions)

    $801,479

  • 2a · Program service revenue: PATIENT REVENUE

    total $493,047,324 · related or exempt $493,047,324

  • 2b · Program service revenue: I/C FEES

    total $85,935,639 · related or exempt $85,935,639

  • 2c · Program service revenue: SHARED SAVINGS

    total $30,505,519 · related or exempt $30,505,519

  • 2d · Program service revenue: RESEARCH REVENUE

    total $15,675 · related or exempt $15,675

  • 3 · Investment income

    total $270,221 · excluded $270,221

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6a · Gross rents

    real property $330,932

  • 6c · Rental income or loss

    real property $330,932 · personal property $0

  • 6d · Net rental income or loss

    total $330,932 · excluded $330,932

  • 7a · Gross sales of assets other than inventory

    other assets $136,855

  • 7b · Less cost or other basis and sales expenses

    other assets $223,582

  • 7c · Gain or loss

    other assets -$86,727

  • 7d · Net gain or loss

    total -$86,727 · excluded -$86,727

  • 8a · Fundraising events: gross income

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0

  • 11a · Other revenue: STIPEND REVENUE

    total $792,849 · related or exempt $792,849

  • 11b · Other revenue: MISCELLANEOUS REVENUE

    total $164,877 · excluded $164,877

  • 11e · Other revenue, total

    $957,726

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $9,864,809 · program services $7,754,633 · management and general $2,110,176 · fundraising $0

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $513,245,976 · program services $509,422,108 · management and general $3,823,868

  • 8 · Pension plan contributions

    total $15,297,984 · program services $15,297,984

  • 9 · Other employee benefits

    total $40,988,842 · program services $40,698,719 · management and general $290,123

  • 10 · Payroll taxes

    total $25,975,805 · program services $25,785,398 · management and general $190,407

  • 11a · Fees: management

    total $85,001,133 · management and general $85,001,133

  • 11b · Fees: legal

    total $20,348 · program services $20,348

  • 11c · Fees: accounting

    total $0

  • 11d · Fees: lobbying

    total $1,995 · management and general $1,995

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $49,486,669 · program services $48,936,044 · management and general $550,625

  • 12 · Advertising and promotion

    total $4,653,732 · program services $4,650,957 · management and general $2,775

  • 13 · Office expenses

    total $8,427,144 · program services $8,298,289 · management and general $128,855

  • 14 · Information technology

    total $3,343,146 · program services $3,329,902 · management and general $13,244

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $47,227,160 · program services $45,356,032 · management and general $1,871,128

  • 17 · Travel

    total $2,512,620 · program services $2,497,645 · management and general $14,975

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $135,396 · program services $133,226 · management and general $2,170

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $12,725,452 · program services $12,512,267 · management and general $213,185

  • 23 · Insurance

    total $11,610,653 · program services $11,610,653

  • 24a · Other expenses: MEDICAL SUPPLIES

    total $31,926,276 · program services $31,926,276

  • 24b · Other expenses: NON CAPITAL EQUIPMENT

    total $3,034,588 · program services $3,034,588

  • 24c · Other expenses: LICENSES & FEES

    total $1,640,992 · program services $1,636,462 · management and general $4,530

  • 24d · Other expenses: REPAIRS & MAINTENANCE

    total $1,615,913 · program services $1,614,172 · management and general $1,741

  • 24e · All other expenses

    total $3,385,379 · program services $2,675,492 · management and general $709,887

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $0 · end of year $0

  • 2 · Savings and temporary cash investments

    beginning of year $0 · end of year $0

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $41,917,705 · end of year $43,840,581

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $46,183

  • 8 · Inventories for sale or use

    beginning of year $1,202,454 · end of year $585,164

  • 9 · Prepaid expenses and deferred charges

    beginning of year $320,277 · end of year $2,567,898

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

    $103,201,748

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

    $61,064,114

  • 10c · Land, buildings and equipment, net

    beginning of year $39,370,173 · end of year $42,137,634

  • 11 · Investments: publicly traded securities

    beginning of year $0 · end of year $0

  • 12 · Investments: other securities

    beginning of year $0 · end of year $0

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $91,104,766 · end of year $88,323,473

  • 15 · Other assets

    beginning of year $76,624,981 · end of year $80,921,613

  • 17 · Accounts payable and accrued expenses

    beginning of year $76,092,513 · end of year $81,321,696

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $818,149 · end of year $17,348

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $67,615,853 · end of year $69,020,777

  • 27 · Net assets without donor restrictions

    beginning of year $106,013,841 · end of year $108,062,725

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2023

Mission

A FAITH-BASED ORGANIZATION WHOSE MISSION IS TO IMPROVE THE HEALTH OF THE PEOPLE IN THE COMMUNITIES IT SERVES, REGARDLESS OF THEIR ABILITY TO PAY.

Activities or mission (Part I)

A FAITH-BASED ORGANIZATION WHOSE MISSION IS TO IMPROVE THE HEALTH OF the people in the communities it serves, regarless of thier ability to pay.

  • Texas Health Physicians Group (THPG) is a member of Texas Health Resources (THR) a large healthcare system located in North Texas. THPG has a provider network which is made up of more than 1,200 primary care physicians, specialists, hospitalists, and advanced practice providers dedicated to providing safe, quality care for patients. The THPG provider network, along with the hospital system of THR allows the communities in North Texas the opportunity for access to unparalleled healthcare coverage. THPG physicians begin the healthcare journey by caring for the community before they ever become hospital patients. With more than 254 physician offices covering approximately 6,500 square miles, THPG physicians are able to provide care to patients across North Texas during every stage of life. Through providing care outside the acute care setting, THPG physicians are able to reach out to people who are otherwise healthy and begin engaging their lifestyles; and for patients with modest illnesses, begin engaging prevention measures. There were approximately 2,000,000 office visits in these physician offices. In addition to physician offices, THPG provides hospital physician services to hospitals within the THR system. These hospital physicians promote access and provide care to patients who require admission to THR hospitals. During 2023, THPG Physicians recorded approximately 683,000 inpatient visits for patients within THR facilities. THPG providers also performed 183,000 virtual visits in 2023. THPG has clinical affiliations with CVS and Dispatch Health in North Texas to provide consumers greater access to quality primary care that is convenient and affordable. THPG's physicians also play a large role in the leadership of care for each of the THR facilities. Positions held include medical staff leadership, service line program leadership, and medical directorships. THPG is also represented heavily through provider participation in THR ad hoc committees that initiate and implement health program initiatives. THPG providers and office staff are involved in community outreach in many areas. They also participate in various health fairs and free clinics in the communities they serve.

    Expenses $777,191,195 · Revenue $610,297,006

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • HillBrandon

    PHYS PRACTICE

    Total calculated
    $2,410,176
    From this org
    $2,358,082
    From related orgs
    $0
    Other
    $52,094
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,857,432
    Bonus
    $500,000
    Other
    $650
    Deferred
    $19,800
    Nontaxable benefits
    $32,294
    Filer's total
    $2,410,176

  • AjayiOlaide O

    PHYS PRACTICE

    Total calculated
    $2,191,488
    From this org
    $2,127,993
    From related orgs
    $0
    Other
    $63,495
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $2,127,993
    Bonus
    $0
    Other
    $0
    Deferred
    $17,115
    Nontaxable benefits
    $46,380
    Filer's total
    $2,191,488

  • OoiYinn Cher

    PHYS PRACTICE

    Total calculated
    $1,995,008
    From this org
    $1,925,675
    From related orgs
    $0
    Other
    $69,333
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,925,025
    Bonus
    $0
    Other
    $650
    Deferred
    $14,850
    Nontaxable benefits
    $54,483
    Filer's total
    $1,995,008

  • WongCyrus Chi-Ho

    PHYS PRACTICE

    Total calculated
    $1,862,769
    From this org
    $1,807,057
    From related orgs
    $0
    Other
    $55,712
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,806,407
    Bonus
    $0
    Other
    $650
    Deferred
    $19,800
    Nontaxable benefits
    $35,912
    Filer's total
    $1,862,769

  • McWhorterRicky E

    Former Officer

    Total calculated
    $1,840,778
    From this org
    $0
    From related orgs
    $1,515,772
    Other
    $325,006
    Hours/week
    0 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $932,223 related
    Bonus
    $0 + $437,883 related
    Other
    $0 + $145,666 related
    Deferred
    $0 + $285,038 related
    Nontaxable benefits
    $0 + $39,968 related
    Filer's total
    $0 + $1,840,778 related

  • DixonTanya S

    PHYS PRACTICE

    Total calculated
    $1,597,793
    From this org
    $1,568,743
    From related orgs
    $0
    Other
    $29,050
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,568,093
    Bonus
    $0
    Other
    $650
    Deferred
    $0
    Nontaxable benefits
    $29,050
    Filer's total
    $1,597,793

  • ParsleyShawn D

    President & COO THPG

    Total calculated
    $1,515,814
    From this org
    $1,157,043
    From related orgs
    $0
    Other
    $358,771
    Hours/week
    49.5 + 0.5 related

    Schedule J breakdown matched by us

    Base
    $685,929
    Bonus
    $332,445
    Other
    $138,669
    Deferred
    $296,369
    Nontaxable benefits
    $62,402
    Filer's total
    $1,515,814

  • KramerKenneth J

    Assistant Secretary

    Total calculated
    $1,442,048
    From this org
    $0
    From related orgs
    $1,206,803
    Other
    $235,245
    Hours/week
    0.5 + 49.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $705,551 related
    Bonus
    $0 + $359,141 related
    Other
    $0 + $142,111 related
    Deferred
    $0 + $193,789 related
    Nontaxable benefits
    $0 + $41,456 related
    Filer's total
    $0 + $1,442,048 related

  • Fowler JrDonald

    Chair/PHYS PRACTICE

    Total calculated
    $863,604
    From this org
    $808,998
    From related orgs
    $0
    Other
    $54,606
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $659,654
    Bonus
    $148,694
    Other
    $650
    Deferred
    $24,750
    Nontaxable benefits
    $29,856
    Filer's total
    $863,604

  • MyersLynn Marie

    Chief Medical & Qual Offr THPG

    Total calculated
    $814,756
    From this org
    $739,198
    From related orgs
    $0
    Other
    $75,558
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $476,524
    Bonus
    $175,026
    Other
    $87,648
    Deferred
    $24,750
    Nontaxable benefits
    $50,808
    Filer's total
    $814,756

  • Rothbart MDDavid

    Trustee

    Total calculated
    $703,329
    From this org
    $0
    From related orgs
    $616,088
    Other
    $87,241
    Hours/week
    0.5 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $616,088 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $24,750 related
    Nontaxable benefits
    $0 + $62,491 related
    Filer's total
    $0 + $703,329 related

  • JacksonDavid W

    Assistant Secretary

    Total calculated
    $680,985
    From this org
    $0
    From related orgs
    $515,108
    Other
    $165,877
    Hours/week
    0.5 + 39.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $348,305 related
    Bonus
    $0 + $117,613 related
    Other
    $0 + $49,190 related
    Deferred
    $0 + $125,200 related
    Nontaxable benefits
    $0 + $40,677 related
    Filer's total
    $0 + $680,985 related

  • AlcantaraEnedina E

    Trustee/PHYS HOSPITALIST

    Total calculated
    $493,966
    From this org
    $419,909
    From related orgs
    $0
    Other
    $74,057
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $374,768
    Bonus
    $43,571
    Other
    $1,570
    Deferred
    $18,977
    Nontaxable benefits
    $55,080
    Filer's total
    $493,966

  • YeohamLoraine N

    Trustee/PHYS PRACTICE

    Total calculated
    $491,445
    From this org
    $431,853
    From related orgs
    $0
    Other
    $59,592
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $338,129
    Bonus
    $92,454
    Other
    $1,270
    Deferred
    $16,499
    Nontaxable benefits
    $43,093
    Filer's total
    $491,445

  • MyintTwinkle Anne

    V Chair/PHYS PRACTICE

    Total calculated
    $489,474
    From this org
    $419,292
    From related orgs
    $0
    Other
    $70,182
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $318,473
    Bonus
    $99,649
    Other
    $1,170
    Deferred
    $18,499
    Nontaxable benefits
    $51,683
    Filer's total
    $489,474

  • AndersonMarquita Denise

    Trustee/PHYS PRACTICE

    Total calculated
    $478,485
    From this org
    $426,295
    From related orgs
    $0
    Other
    $52,190
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $425,645
    Bonus
    $0
    Other
    $650
    Deferred
    $11,836
    Nontaxable benefits
    $40,354
    Filer's total
    $478,485

  • BrightJeana A

    Past Chair/PHYS PRACTICE

    Total calculated
    $458,342
    From this org
    $391,500
    From related orgs
    $0
    Other
    $66,842
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $321,190
    Bonus
    $69,400
    Other
    $910
    Deferred
    $17,139
    Nontaxable benefits
    $49,703
    Filer's total
    $458,342

  • TaylorWalton Albert

    Trustee/PHYS PRACTICE

    Total calculated
    $457,217
    From this org
    $396,600
    From related orgs
    $0
    Other
    $60,617
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $395,950
    Bonus
    $0
    Other
    $650
    Deferred
    $22,407
    Nontaxable benefits
    $38,210
    Filer's total
    $457,217

  • NghiMinh Quang

    Trustee/PHYS HOSPITALIST

    Total calculated
    $455,740
    From this org
    $378,461
    From related orgs
    $0
    Other
    $77,279
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $331,824
    Bonus
    $46,637
    Other
    $0
    Deferred
    $18,876
    Nontaxable benefits
    $58,403
    Filer's total
    $455,740

  • SoderstromJennifer Lee

    VP Transformation & Integ THPG

    Total calculated
    $430,895
    From this org
    $351,741
    From related orgs
    $0
    Other
    $79,154
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $276,200
    Bonus
    $41,911
    Other
    $33,630
    Deferred
    $22,399
    Nontaxable benefits
    $56,755
    Filer's total
    $430,895

  • CantuStacy G

    Corporate Secretary

    Total calculated
    $424,847
    From this org
    $0
    From related orgs
    $353,188
    Other
    $71,659
    Hours/week
    0.5 + 39.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $278,238 related
    Bonus
    $0 + $41,945 related
    Other
    $0 + $33,005 related
    Deferred
    $0 + $17,934 related
    Nontaxable benefits
    $0 + $53,725 related
    Filer's total
    $0 + $424,847 related

  • PetersonLisa Kaye

    Finance Officer Term 09/2023

    Total calculated
    $414,775
    From this org
    $358,810
    From related orgs
    $0
    Other
    $55,965
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $257,694
    Bonus
    $57,348
    Other
    $43,768
    Deferred
    $21,214
    Nontaxable benefits
    $34,751
    Filer's total
    $414,775

  • ClayLori

    VP Primary Care Ops THPG

    Total calculated
    $411,572
    From this org
    $351,010
    From related orgs
    $0
    Other
    $60,562
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $277,686
    Bonus
    $40,563
    Other
    $32,761
    Deferred
    $20,867
    Nontaxable benefits
    $39,695
    Filer's total
    $411,572

  • StephensonJennifer Lea

    VP Specialty Care Ops THPG

    Total calculated
    $399,410
    From this org
    $340,637
    From related orgs
    $0
    Other
    $58,773
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $246,771
    Bonus
    $39,636
    Other
    $54,230
    Deferred
    $16,980
    Nontaxable benefits
    $41,793
    Filer's total
    $399,410

  • KharbandaAjay K

    VP Hosptlsts & Post Acute THPG

    Total calculated
    $397,411
    From this org
    $335,600
    From related orgs
    $0
    Other
    $61,811
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $263,027
    Bonus
    $39,443
    Other
    $33,130
    Deferred
    $21,190
    Nontaxable benefits
    $40,621
    Filer's total
    $397,411

  • BourqueDreux Everette

    VP Specialty Care Ops THPG

    Total calculated
    $388,866
    From this org
    $310,160
    From related orgs
    $0
    Other
    $78,706
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $242,977
    Bonus
    $36,133
    Other
    $31,050
    Deferred
    $18,734
    Nontaxable benefits
    $59,972
    Filer's total
    $388,866

  • NeurohrJeremy J

    VP Primary Care Ops THPG

    Total calculated
    $376,111
    From this org
    $310,001
    From related orgs
    $0
    Other
    $66,110
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $244,518
    Bonus
    $34,854
    Other
    $30,629
    Deferred
    $15,348
    Nontaxable benefits
    $50,762
    Filer's total
    $376,111

  • RivasJose Antonio

    Trustee/PHYS PRACTICE

    Total calculated
    $347,342
    From this org
    $300,107
    From related orgs
    $0
    Other
    $47,235
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $242,267
    Bonus
    $57,190
    Other
    $650
    Deferred
    $8,066
    Nontaxable benefits
    $39,169
    Filer's total
    $347,342

  • BraxtonKenneth W

    Assistant Secretary

    Total calculated
    $293,681
    From this org
    $0
    From related orgs
    $255,010
    Other
    $38,671
    Hours/week
    39.5 + 0.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $233,351 related
    Bonus
    $0 + $11,679 related
    Other
    $0 + $9,980 related
    Deferred
    $0 + $18,709 related
    Nontaxable benefits
    $0 + $19,962 related
    Filer's total
    $0 + $293,681 related

  • RickerRichard Douglas

    Entity Finance Officer THPG

    Total calculated
    $179,586
    From this org
    $176,087
    From related orgs
    $0
    Other
    $3,499
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $45,572
    Bonus
    $125,000
    Other
    $5,515
    Deferred
    $0
    Nontaxable benefits
    $3,499
    Filer's total
    $179,586

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Tax indemnification and gross-up payments
  • 1a · Discretionary spending account
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 1a- Discretionary Spending Account
Each executive at the vice president level and above receives a perk allowance and flexible benefit allowance which is included in the taxable compensation of the employee. The perk allowance covers costs such as business use of their personal vehicles in lieu of reimbursement for auto mileage. The flexible benefit allowance can be used to purchase executive benefits on an after-tax basis. Schedule J, Part I, Line 1A - Gross-Up Payments Certain imputed income is grossed-up to include employment taxes paid on the listed person's behalf. All tax indemnification payments provided to the employees are included in the taxable compensation of the employee.
Schedule J, Part I, Line 3 - CEO Compensation
The organization relied on Texas Health Resources (THR), a related 501(c)(3) organization with centralized compensation professionals to use the following methods to establish the compensation of the organization's President. * The Governance committee (which includes independent persons) performs reviews and makes recommendations to the THR Board to approve the overall payment philosophy. * An Independent compensation consultant may be hired. * Compensation surveys or studies are utilized. * Board or Governance committee approves the executive compensation parameters within the executive compensation philosophy.
Schedule J, Part I, Line 4b - Nonqualified Retirement Plan
Participation in the THR plans is made available to a select group of management and highly compensated employees who are providing services in key positions of management and/or responsibility and who are determined by the THR Board of Trustees. SERP: For the active restoration account (Account balances after 12/31/2009) SERP benefits vest while the participant is employed if the participant: * Reaches age 65 * Becomes disabled or dies, * Reaches the following years of service: 2 Years - 25%; 3 Years - 50%; 4 Years - 75% and 5 or more years - 100% Participants must be employed on Dec 1 to qualify for the current year's SERP Benefit unless separation is due to death, disability, retirement (Age 65) or early retirement (separation from service at or after age 55 with 75 years of combined age and service with the system.) SERP benefits are calculated each Dec 1. Vested balances are taxed to the employee and the net balances begin accruing earnings. Vested balances are paid in a cash lump sum within a 90-day period commencing on the earlier of death, disability, or separation from service. The deferred portion is included in Schedule J, Part II, column C. In frozen restoration accounts (account balances prior to 1/1/2010), the participant or beneficiary shall be taxed on his or her vested SERP benefits upon the earliest of: * Continued employment in THR until age 68 * Termination of employment for disability or death * Involuntary termination of employment without reasonable cause; or * Satisfying a 24 month non-compete period following his/her termination of employment. Payment follows the before mentioned events, except in the case of involuntary separation when the participant must wait 24 months to receive the previously taxed benefit. LTIP: The Long Term Incentive Plan covers 2, 3 or 4 years. Payouts are made over 2, 3, or 4 years after key performance goals are met. Benefits vest if they are employed at the end of the year the payout is made. Payments can also be made if separation is due to death, disability, retirement (Age 65) or early retirement (separation from service at or after age 55 with 75 years of combined age and service with the system.) In the case of retirement and early retirement, CEO approval must be obtained and a non-compete must be satisfied prior to the end of year payout. Retention: A retention agreement may be offered to an executive in a key position or based on succession planning needs of the system. The length of the retention period will be dependent upon the needs of the organization to retain the key executive. Payments are made within 2 months following the end of the retention period. Payouts to the following employees were made during the year for all the plans listed above. The amounts below are included in the amount reported on Sch J, Part II, Column B(iii) and Column (F). Jackson,David W. 53,142 Kramer,Kenneth J. 174,260 McWhorter,Ricky E. 197,608 Myers,Lynn Marie 73,646 Parsley,Shawn D 151,495 Peterson,Lisa Kaye 114,492

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

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

  • AMH Cath Labs LLC

    Hospital · TX

    Directly controlled by NA

  • Arlington Surgery Center LLC

    Amb Surg Ctr · TX

    Directly controlled by NA

  • Castle Hills Surgicare LLC

    Amb Surg Ctr · TX

    Directly controlled by NA

  • Cleburne Surgical Center LLC

    Amb Surg Ctr · TX

    Directly controlled by NA

  • Cross Timbers Surgery Center LLC

    Amb Surg Ctr · TX

    Directly controlled by NA

  • Denton Surgery Center LLC

    Amb Surg Ctr · TX

    Directly controlled by NA

  • Flower Mound Hospital Partners LLC

    Hospital · TX

    Directly controlled by NA

  • Fort Worth Endoscopy Centers LLC

    Endoscopy Center · TX

    Directly controlled by NA

  • Greenville Surgery Center LLC

    Amb Surg Ctr · TX

    Directly controlled by NA

  • Health Imaging Partners LLC

    Medical Imaging · TX

    Directly controlled by NA

  • Mansfield Endoscopy Center LLC

    Endoscopy · TX

    Directly controlled by NA

  • North Dallas Surgical Center LLC

    Amb Surg Ctr · TX

    Directly controlled by NA

  • Opthalmology Surgery Center of Dallas LL

    Amb Surg Ctr · TX

    Directly controlled by NA

  • Park Hill Surgery Center LLC

    Amb Surg Ctr · TX

    Directly controlled by NA

  • Physicians Medical Center LLC

    Hospital · TX

    Directly controlled by NA

  • Presbyterian Cancer Ctr-Dallas LLC

    Cancer Ctr · TX

    Directly controlled by NA

  • Rockwall Regional Hospital LLC

    Hospital · TX

    Directly controlled by NA

  • South Arlington Surgical Providers LLC

    Amb Surg Ctr · TX

    Directly controlled by NA

  • Southlake Specialty Hospital LLC

    Hospital · TX

    Directly controlled by NA

  • Surgical Caregivers of Fort Worth LLC

    Amb Surg Ctr · TX

    Directly controlled by NA

  • Texas Health Craig Ranch Surgery Center

    Amb Surg Ctr · TX

    Directly controlled by NA

  • Texas Health Flower Mound Orthopedic Sur

    Amb Surg Ctr · TX

    Directly controlled by NA

  • Texas Health Huguley Surgery Center LLC

    Amb Surg Ctr · TX

    Directly controlled by NA

  • Texas Health Orthopedic Surgery Center A

    Amb Surg Ctr · TX

    Directly controlled by NA

  • Texas Health Spine Surgery Center Allen

    Amb Surg Ctr · TX

    Directly controlled by NA

  • Texas Health Spine Surgery Center Allian

    Amb Surg Ctr · TX

    Directly controlled by NA

  • Texas Health Supply Chain Services LLC

    Purchasing Co · TX

    Directly controlled by NA

  • Texas Health Surgery Center Alliance LLC

    Amb Surg Ctr · TX

    Directly controlled by NA

  • Texas Health Surgery Center Bedford LLC

    Amb Surg Ctr · TX

    Directly controlled by NA

  • Texas Health Surgery Center Chisholm Tra

    Amb Surg Ctr · TX

    Directly controlled by NA

  • Texas Health Surgery Center Forney LLC

    Inactive · TX

    Directly controlled by NA

  • Texas Health Surgery Center Irving LLC

    Amb Surg Ctr · TX

    Directly controlled by NA

  • Texas Health Surgery Center Preston Plaz

    Amb Surg Ctr · TX

    Directly controlled by NA

  • Texas Health Surgery Center Rockwall LLC

    Amb Surg Ctr · TX

    Directly controlled by NA

  • Texas Health Surgery Center Southwest Fo

    Amb Surg Ctr · TX

    Directly controlled by NA

  • Texas Health Surgery Center Waxahachie

    Inactive · TX

    Directly controlled by NA

  • Texas Health Surgery Center Willow Park

    Amb Surg Ctr · TX

    Directly controlled by NA

  • Texas Institute for Surgery LLP

    Hospital · TX

    Directly controlled by NA

  • THR-STT Rockwall ASC LLC

    Amb Surg Ctr · TX

    Directly controlled by NA

  • THR-STT Southlake ASC LLC

    Amb Surg Ctr · TX

    Directly controlled by NA

  • USMD Hospital at Arlington LP

    Hospital · TX

    Directly controlled by NA

  • USMD Hospital at Fort Worth LP

    Hospital Closed · TX

    Directly controlled by NA

  • Walnut Hill Surgery Center LLC

    Amb Surg Ctr · TX

    Directly controlled by NA

  • Willow Park Endoscopy Center LLC

    Amb Surg Ctr · TX

    Directly controlled by NA

  • Wilson Creek Surigcal Center LLC

    Amb Surg Ctr · TX

    Directly controlled by NA

  • Women's Specialty Surgery Center of Dall

    Amb Surg Ctr · TX

    Directly controlled by NA

Related corporations and trusts

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

  • Grace Indemnity Company SPC Ltd

    C Corp · Captive Insur · CJ

    Directly controlled by NA

  • Texas Health Biomedical Advancement Cent

    C Corp · Research · TX

    Directly controlled by NA

Provenance

Return type
form_990
Tax year
2023
Filed
11 November 2024
IRS schema version
2023v5.1
Source object
202413179349300121

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