Totals
- Total revenue
- $108,399,620
- Total expenses
- $87,827,153
- Contributions and grants received
- $0
- Grants paid
- $3,046,681
- Program service revenue
- $90,370,217
- Investment income
- $17,157,614
- Other revenue
- $871,789
- Total assets, end of year
- $918,301,363
- Total liabilities, end of year
- $360,283,857
- Net assets or fund balances, end of year
- $558,017,506
- Program services expenses (Part IX)
- $82,771,946
- Management and general expenses
- $5,055,207
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $82,771,946
Program services were 94.2% 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.
-
2a · Program service revenue: BUSINESS REVENUE
total $85,724,497 · related or exempt $83,736,418 · unrelated business $422,255 · excluded $1,565,824
-
2b · Program service revenue: CAMPUS
total $4,645,720 · related or exempt $4,645,720 · unrelated business $0 · excluded $0
-
3 · Investment income
total $11,110,209 · unrelated business -$442 · excluded $11,110,651
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $6,276,059 · other assets $458,637
-
7b · Less cost or other basis and sales expenses
other assets $687,291
-
7c · Gain or loss
securities $6,276,059 · other assets -$228,654
-
7d · Net gain or loss
total $6,047,405 · excluded $6,047,405
-
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: OTHER OPERATING REVENUE
total $871,789 · related or exempt $871,789 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$871,789
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $3,046,681 · program services $3,046,681
-
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 $7,464,093 · program services $6,460,965 · management and general $1,003,128 · fundraising $0
-
6 · Compensation of disqualified persons
total $0 · fundraising $0
-
7 · Other salaries and wages
total $6,830,967 · program services $5,912,928 · management and general $918,039 · fundraising $0
-
8 · Pension plan contributions
total $994,084 · program services $860,485 · management and general $133,599 · fundraising $0
-
9 · Other employee benefits
total $2,533,931 · program services $2,193,386 · management and general $340,545 · fundraising $0
-
10 · Payroll taxes
total $796,779 · program services $689,697 · management and general $107,082 · fundraising $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $1,788,931 · program services $1,599,586 · management and general $189,345 · fundraising $0
-
11c · Fees: accounting
total $296,059 · program services $230,876 · management and general $65,183 · fundraising $0
-
11d · Fees: lobbying
total $250,000 · program services $223,539 · management and general $26,461 · fundraising $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $352,389 · program services $0 · management and general $352,389 · fundraising $0
-
11g · Fees: other
total $1,091,835 · program services $851,448 · management and general $240,387 · fundraising $0
-
12 · Advertising and promotion
total $1,005,389 · program services $824,558 · management and general $180,831 · fundraising $0
-
13 · Office expenses
total $793,994 · program services $772,809 · management and general $21,185 · fundraising $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $12,610,246 · program services $12,551,167 · management and general $59,079 · fundraising $0
-
17 · Travel
total $1,071,325 · program services $923,274 · management and general $148,051 · fundraising $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $491,514 · program services $412,258 · management and general $79,256 · fundraising $0
-
20 · Interest
total $5,032,701 · program services $5,055,887 · management and general -$23,186 · fundraising $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $13,163,503 · program services $12,675,320 · management and general $488,183 · fundraising $0
-
23 · Insurance
total $2,472,654 · program services $2,334,543 · management and general $138,111 · fundraising $0
-
24a · Other expenses: CONTRACTS
total $22,497,318 · program services $22,082,764 · management and general $414,554 · fundraising $0
-
24b · Other expenses: SALES COST
total $1,818,041 · program services $1,818,041 · management and general $0 · fundraising $0
-
24c · Other expenses: REPAIRS & MAINTENANCE
total $444,855 · program services $444,072 · management and general $783 · fundraising $0
-
24d · Other expenses: GENERAL & ADMIN
total $979,864 · program services $807,662 · management and general $172,202 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $21,549,654 · end of year $20,928,986
-
2 · Savings and temporary cash investments
beginning of year $15,396,328 · end of year $36,049,651
-
3 · Pledges and grants receivable
beginning of year $0 · end of year $0
-
4 · Accounts receivable
beginning of year $54,458,320 · end of year $50,408,807
-
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 $0
-
8 · Inventories for sale or use
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $0 · end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$591,124,075
-
10b · Land, buildings and equipment: accumulated depreciation
$251,576,495
-
10c · Land, buildings and equipment, net
beginning of year $228,993,880 · end of year $339,547,580
-
11 · Investments: publicly traded securities
beginning of year $341,645,257 · end of year $259,645,403
-
12 · Investments: other securities
beginning of year $0 · end of year $2,537,000
-
13 · Investments: program-related
beginning of year $0 · end of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $116,795,716 · end of year $209,183,936
-
17 · Accounts payable and accrued expenses
beginning of year $14,436,279 · end of year $26,517,090
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $17,721,610 · end of year $19,445,082
-
20 · Tax-exempt bond liabilities
beginning of year $109,720,000 · end of year $105,090,000
-
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 $114,344,218 · end of year $203,625,182
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $8,052,368 · end of year $5,606,503
-
27 · Net assets without donor restrictions
beginning of year $505,431,241 · end of year $550,327,156
-
28 · Net assets with donor restrictions
beginning of year $9,133,439 · end of year $7,690,350
Mission and programs · 2022
Mission
SEE SCHEDULE O
-
SEE SCHEDULE O
Expenses $9,666,756
-
SEE SCHEDULE O
Expenses $63,676,380 · Revenue $86,596,286
-
SEE SCHEDULE O
Expenses $5,972,043 · Revenue $4,645,720
-
CONTRIBUTIONS AND SPONSORSHIPTS
Expenses $3,046,681 · Grants $3,046,681
-
CPRIT/ACT
Expenses $410,086
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
William McKeonWILLIAM MCKEON
PRESIDENT
- Total calculated
- $2,886,195
- From this org
- $2,822,615
- From related orgs
- $0
- Other
- $63,580
- Hours/week
- 40 + 3 related
Schedule J breakdown matched by us
- Base
- $1,759,231
- Bonus
- $794,250
- Other
- $269,134
- Deferred
- $30,500
- Nontaxable benefits
- $33,080
- Filer's total
- $2,886,195
-
Isaac MiddletonISAAC MIDDLETON
CHIEF OPERATING OFFICER
- Total calculated
- $836,414
- From this org
- $772,834
- From related orgs
- $0
- Other
- $63,580
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- $523,605
- Bonus
- $183,355
- Other
- $65,874
- Deferred
- $30,500
- Nontaxable benefits
- $33,080
- Filer's total
- $836,414
-
Denise M Castillo-RhodesDENISE M CASTILLO-RHODES
CFO
- Total calculated
- $768,621
- From this org
- $738,121
- From related orgs
- $0
- Other
- $30,500
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- $500,089
- Bonus
- $175,120
- Other
- $62,912
- Deferred
- $30,500
- Nontaxable benefits
- $0
- Filer's total
- $768,621
-
Tatianna YaleTATIANNA YALE
CHIEF INVESTMENT & PLANNING OF
- Total calculated
- $731,640
- From this org
- $668,060
- From related orgs
- $0
- Other
- $63,580
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- $523,605
- Bonus
- $78,581
- Other
- $65,874
- Deferred
- $30,500
- Nontaxable benefits
- $33,080
- Filer's total
- $731,640
-
Thomas LubyTHOMAS LUBY
DIRECTOR INNOVATION INSTITUTE
- Total calculated
- $725,223
- From this org
- $661,643
- From related orgs
- $0
- Other
- $63,580
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- $427,262
- Bonus
- $170,992
- Other
- $63,389
- Deferred
- $30,500
- Nontaxable benefits
- $33,080
- Filer's total
- $725,223
-
Ashley A McPhailASHLEY A MCPHAIL
VP, STRATEGY & ADMINISTRATION
- Total calculated
- $676,538
- From this org
- $635,011
- From related orgs
- $0
- Other
- $41,527
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $427,615
- Bonus
- $150,500
- Other
- $56,896
- Deferred
- $30,500
- Nontaxable benefits
- $11,027
- Filer's total
- $676,538
-
Brian LuneauBRIAN LUNEAU
VP, LEGAL
- Total calculated
- $509,953
- From this org
- $446,373
- From related orgs
- $0
- Other
- $63,580
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $279,519
- Bonus
- $112,000
- Other
- $54,854
- Deferred
- $30,500
- Nontaxable benefits
- $33,080
- Filer's total
- $509,953
-
Santos Gonzalez-HinojosaSANTOS GONZALEZ-HINOJOSA
GENERAL COUNSEL
- Total calculated
- $478,072
- From this org
- $414,492
- From related orgs
- $0
- Other
- $63,580
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $314,163
- Bonus
- $62,865
- Other
- $37,464
- Deferred
- $30,500
- Nontaxable benefits
- $33,080
- Filer's total
- $478,072
-
John M WolterJOHN M WOLTER
CHIEF OF POLICE & TECHNOLOGY
- Total calculated
- $407,848
- From this org
- $344,268
- From related orgs
- $0
- Other
- $63,580
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $235,622
- Bonus
- $58,936
- Other
- $49,710
- Deferred
- $30,500
- Nontaxable benefits
- $33,080
- Filer's total
- $407,848
-
Abbey RobersonABBEY ROBERSON
VP, PLANNER
- Total calculated
- $337,195
- From this org
- $287,817
- From related orgs
- $0
- Other
- $49,378
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $200,313
- Bonus
- $50,104
- Other
- $37,400
- Deferred
- $28,427
- Nontaxable benefits
- $20,951
- Filer's total
- $337,195
-
Judith GershJUDITH GERSH
CONTROLLER
- Total calculated
- $296,076
- From this org
- $248,645
- From related orgs
- $0
- Other
- $47,431
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $194,296
- Bonus
- $44,711
- Other
- $9,638
- Deferred
- $24,275
- Nontaxable benefits
- $23,156
- Filer's total
- $296,076
-
Lawrence J JonesLAWRENCE J JONES
DIR. FINANCE
- Total calculated
- $273,581
- From this org
- $225,997
- From related orgs
- $0
- Other
- $47,584
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $189,439
- Bonus
- $26,535
- Other
- $10,023
- Deferred
- $14,504
- Nontaxable benefits
- $33,080
- Filer's total
- $273,581
-
Kristen KuppermanKRISTEN KUPPERMAN
VP, REAL ESTATE DEVELOPMENT
- Total calculated
- $253,859
- From this org
- $230,826
- From related orgs
- $0
- Other
- $23,033
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $164,327
- Bonus
- $66,000
- Other
- $499
- Deferred
- $23,033
- Nontaxable benefits
- $0
- Filer's total
- $253,859
-
Emily ReiserEMILY REISER
ASSOC. DIRECTOR, INNOVATION
- Total calculated
- $220,195
- From this org
- $190,304
- From related orgs
- $0
- Other
- $29,891
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $148,641
- Bonus
- $40,000
- Other
- $1,663
- Deferred
- $18,864
- Nontaxable benefits
- $11,027
- Filer's total
- $220,195
-
J Downey BridgwaterJ DOWNEY BRIDGWATER
DIRECTOR, CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
Alan R Buckwalter IIIALAN R BUCKWALTER III
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Anthony R ChaseANTHONY R CHASE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
O Holcombe CrosswellO HOLCOMBE CROSSWELL
DIRECTOR, CHAIRMAN EMERITUS
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Robert J CruikshankROBERT J CRUIKSHANK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Lynn ElsenhansLYNN ELSENHANS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Charles W HallCHARLES W HALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
Bradley N HowellBRADLEY N HOWELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
William N MathisWILLIAM N MATHIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Patrick C OxfordPATRICK C OXFORD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Dan BellowDAN BELLOW
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Bernard A Harris Jr MDDR BERNARD A HARRIS JR MD
DIRECTOR, VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Greg MooreGREG MOORE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Deena BufordDEENA BUFORD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Alexandria PrunerALEXANDRIA PRUNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
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 · First-class or charter travel
- 1a · Health or social club dues or initiation fees
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 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 - FIRST CLASS OR CHARTER TRAVEL
- THE CEO, DIRECTOR, INNOVATION INSTITUTE, AND A BOARD MEMBER UTILIZED CHARTER TRAVEL FOR ONE BUSINESS TRIP DURING 2022. THE BOARD MEMBER REIMBURSED TEXAS MEDICAL CENTER FOR THE COST OF THE CHARTER TRAVEL.
- SCHEDULE J, PART I, LINE 1A - HEALTH OR SOCIAL CLUB DUES OR INITIATION FEE
- TEXAS MEDICAL CENTER PAYS FOR THE CEO'S MEMBERSHIP TO A COUNTRY CLUB. THE CEO UTILIZES THIS MEMBERSHIP FOR BUSINESS PURPOSES OF TEXAS MEDICAL CENTER.
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
-
SHRINERS HOSPITALS FOR CHILDREN
$2,000,000
GENERAL SUPPORT OF ONGOING PROGRAMS
-
TEXAS MEDICAL CENTER FOUNDATION
$972,811
GENERAL SUPPORT OF ONGOING PROGRAMS
-
$52,000
T32 RESEARCH TRAINING
-
GENERAL SUPPORT OF ONGOING PROGRAMS
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.
-
TMC HEATING AND COOLING SERVICES CORP
501(C)(3) · THERMAL SVCS · TX
Directly controlled by NA
-
TEXAS MEDICAL CENTER FOUNDATION
501(C)(3) · SUPPORT TMC · TX · controlled entity
Directly controlled by TMC
-
TEXAS MEDICAL CENTER VENTURE FUND
501(C)(3) · SUPPORT TMC · TX · controlled entity
Directly controlled by TMC
-
501(C)(3) · SUPPORT TMC · TX · controlled entity
Directly controlled by TMC
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 23 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202332989349302063
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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