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Nonprofiteer
← TRUMAN MEDICAL CENTER INCORPORATED

Form 990 for tax year 2024

Filed by TRUMAN MEDICAL CENTER INCORPORATED.

Totals

Total revenue
$892,047,111
Total expenses
$870,987,759
Contributions and grants received
$61,515,243
Grants paid
$75,000
Program service revenue
$812,317,878
Investment income
$1,050,840
Other revenue
$17,163,150
Total assets, end of year
$533,639,682
Total liabilities, end of year
$291,726,417
Net assets or fund balances, end of year
$241,913,265
Program services expenses (Part IX)
$764,502,228
Management and general expenses
$106,485,531
Fundraising expenses
$0
Program service expenses (Part III)
$764,502,228

Program services were 87.8% 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.

  • 1e · Government grants (contributions)

    $53,882,502

  • 1f · All other contributions, gifts and grants

    $7,632,741

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

    total $612,930,257 · related or exempt $612,930,257

  • 2b · Program service revenue: MEDICAID ENHANCEMENTS

    total $100,472,284 · related or exempt $100,472,284

  • 2c · Program service revenue: AFFILIATION REIMBURSEMENT

    total $61,408,000 · related or exempt $61,408,000

  • 2d · Program service revenue: 340B REVENUE

    total $37,507,337 · related or exempt $37,507,337

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $999,052 · excluded $999,052

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    other assets $3,450,000

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

    other assets $3,398,212

  • 7c · Gain or loss

    securities $0 · other assets $51,788

  • 7d · Net gain or loss

    total $51,788 · excluded $51,788

  • 11a · Other revenue: LAB

    total $5,337,527 · related or exempt $5,337,527

  • 11b · Other revenue: EXPENSES REIMBURSEMENTS

    total $2,285,029 · related or exempt $2,285,029

  • 11c · Other revenue: ACADEMIC SUPPORT

    total $2,002,852 · related or exempt $2,002,852

  • 11d · All other revenue

    total $7,537,742 · related or exempt $7,537,742 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $17,163,150

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $75,000 · program services $75,000

  • 5 · Compensation of officers, directors and key employees

    total $3,086,891 · management and general $3,086,891

  • 7 · Other salaries and wages

    total $381,477,764 · program services $336,438,487 · management and general $45,039,277

  • 8 · Pension plan contributions

    total $8,589,662 · program services $8,234,537 · management and general $355,125

  • 9 · Other employee benefits

    total $55,168,274 · program services $49,432,651 · management and general $5,735,623

  • 10 · Payroll taxes

    total $25,620,222 · program services $23,498,414 · management and general $2,121,808

  • 11a · Fees: management

    total $7,483,383 · management and general $7,483,383

  • 11b · Fees: legal

    total $3,874,457 · management and general $3,874,457

  • 11c · Fees: accounting

    total $226,941 · management and general $226,941

  • 11d · Fees: lobbying

    total $143,545 · management and general $143,545

  • 11g · Fees: other

    total $10,560,820 · program services $10,560,820 · management and general $0 · fundraising $0

  • 12 · Advertising and promotion

    total $1,470,598 · program services $1,102,949 · management and general $367,649

  • 13 · Office expenses

    total $106,201,487 · program services $81,080,258 · management and general $25,121,229

  • 14 · Information technology

    total $23,586,102 · program services $17,689,577 · management and general $5,896,525

  • 16 · Occupancy

    total $14,218,290 · program services $13,841,319 · management and general $376,971

  • 17 · Travel

    total $739,914 · program services $582,583 · management and general $157,331

  • 19 · Conferences, conventions and meetings

    total $136,179 · program services $99,684 · management and general $36,495

  • 20 · Interest

    total $4,067,951 · program services $3,620,476 · management and general $447,475

  • 22 · Depreciation, depletion and amortization

    total $26,463,694 · program services $24,396,253 · management and general $2,067,441

  • 23 · Insurance

    total $8,333,737 · program services $7,863,741 · management and general $469,996

  • 24a · Other expenses: PHARMACEUTICALS

    total $99,738,423 · program services $99,738,423

  • 24b · Other expenses: MEDICAL SUPPLIES

    total $62,216,705 · program services $62,216,705

  • 24c · Other expenses: FRA EXPENSES

    total $20,986,526 · program services $20,986,526

  • 24e · All other expenses

    total $6,521,194 · program services $3,043,825 · management and general $3,477,369 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $26,395,722 · end of year $34,286,433

  • 2 · Savings and temporary cash investments

    beginning of year $6,045,901 · end of year $12,998,074

  • 3 · Pledges and grants receivable

    beginning of year $3,340,197 · end of year $5,259,348

  • 4 · Accounts receivable

    beginning of year $120,676,076 · end of year $120,578,910

  • 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 $7,349,775 · end of year $7,954,739

  • 9 · Prepaid expenses and deferred charges

    beginning of year $10,671,398 · end of year $10,218,579

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

    $775,891,435

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

    $512,845,417

  • 10c · Land, buildings and equipment, net

    beginning of year $272,137,570 · end of year $263,046,018

  • 11 · Investments: publicly traded securities

    beginning of year $6,045,525 · end of year $12,997,142

  • 12 · Investments: other securities

    beginning of year $1,116,010 · end of year $1,274,405

  • 13 · Investments: program-related

    beginning of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $63,246,801 · end of year $65,026,034

  • 17 · Accounts payable and accrued expenses

    beginning of year $166,448,608 · end of year $165,025,294

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $0 · end of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $74,252,160 · end of year $68,324,875

  • 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 $20,206,554 · end of year $19,173,923

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $47,255,650 · end of year $39,202,325

  • 27 · Net assets without donor restrictions

    beginning of year $193,766,044 · end of year $225,619,149

  • 28 · Net assets with donor restrictions

    beginning of year $15,095,959 · end of year $16,294,116

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $0 · end of year $0

Mission and programs · 2024

Mission

UNIVERSITY HEALTH IS AN ACADEMIC HEALTH CENTER PROVIDING ACCESSIBLE, STATE-OF-THE-ART QUALITY HEALTHCARE TO OUR COMMUNITY REGARDLESS OF THE ABILITY TO PAY.

Activities or mission (Part I)

UNIVERSITY HEALTH IS AN ACADEMIC HEALTH CENTER PROVIDING ACCESSIBLE, STATE-OF-THE-ART QUALITY HEALTHCARE TO OUR COMMUNITY REGARDLESS OF ABILITY TO PAY.

  • OUTPATIENT DEPARTMENT- SEE SCHEDULE O

    Expenses $442,782,339 · Grants $75,000 · Revenue $473,369,955

  • INPATIENT CARE- SEE SCHEDULE O

    Expenses $233,978,101 · Revenue $258,989,871

  • EMERGENCY DEPARTMENT- SEE SCHEDULE O

    Expenses $87,741,788 · Revenue $97,121,202

As filed on the 2024 return.

Listed in Part VII

  • Jon Otto

    VICE CHAIR/DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kimberly Beatty EdD

    VICE CHAIR/DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Michael Collins

    VICE CHAIR/DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Steve Hawn

    VICE CHAIR/DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Tracey Lewis

    CHAIR/DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • A J Herrmann

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Akin Cil MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Alexander Norbash MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Ben Jones

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Beth ROSEMERGEY DO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Bonnaye Mims

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Carlos Gomez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Clyde McQueen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Duke Dujakovich

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Eileen Weir

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • James Terrance Jr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jay Howard

    Director

    Total calculated
    $0
    Hours/week
    1

  • Jignesh Shah MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jill Moormeier MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kamani Lankachandra MD

    Director

    Total calculated
    $0
    Hours/week
    1

  • Lauren Arthur

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Madeleine McDonough

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Margaret Gibson MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Mauli Agrawal

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Megan Marshall

    Director

    Total calculated
    $0
    Hours/week
    1

  • Melissa Robinson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Michael Short

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Pat Contreras

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Sen Kiki Curls

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Troy Nash EdD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Valerie Chow MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Will Block

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Zane M Burke

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Charles W Shields

    PRESIDENT/CEO/DIRECTOR

    Total calculated
    $1,535,968
    From this org
    $1,459,871
    From related orgs
    $0
    Other
    $76,097
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,087,990
    Bonus
    $138,498
    Other
    $233,383
    Deferred
    $36,800
    Nontaxable benefits
    $39,297
    Filer's total
    $1,535,968

  • John Wilson

    TREASURER

    Total calculated
    $732,941
    From this org
    $665,686
    From related orgs
    $0
    Other
    $67,255
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $495,348
    Bonus
    $78,470
    Other
    $91,868
    Deferred
    $36,800
    Nontaxable benefits
    $30,455
    Filer's total
    $732,941

  • Jolie L Justus

    SECRETARY

    Total calculated
    $572,035
    From this org
    $464,414
    From related orgs
    $0
    Other
    $107,621
    Hours/week
    40 + 2 related

    Schedule J breakdown matched by us

    Base
    $393,164
    Bonus
    $61,945
    Other
    $9,305
    Deferred
    $82,061
    Nontaxable benefits
    $25,560
    Filer's total
    $572,035

  • Mark T Steele MD

    CHIEF MEDICAL OFFICER

    Total calculated
    $542,261
    From this org
    $542,261
    From related orgs
    $0
    Other
    $0
    Hours/week
    24 + 26 related

    Schedule J breakdown matched by us

    Base
    $542,261
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $542,261

  • Gerard Grimaldi

    CHIEF HEALTH POLICY/GOVT RELAT

    Total calculated
    $518,896
    From this org
    $469,236
    From related orgs
    $0
    Other
    $49,660
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $340,749
    Bonus
    $55,981
    Other
    $72,506
    Deferred
    $13,829
    Nontaxable benefits
    $35,831
    Filer's total
    $518,896

  • John Gianino

    NEUROSURGEON

    Total calculated
    $775,617
    From this org
    $640,909
    From related orgs
    $0
    Other
    $134,708
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $631,944
    Bonus
    $1,065
    Other
    $7,900
    Deferred
    $91,376
    Nontaxable benefits
    $43,332
    Filer's total
    $775,617

  • Mitzi Cardenas

    EXECUTIVE CHIEF ADMIN OFFICER

    Total calculated
    $814,924
    From this org
    $755,805
    From related orgs
    $0
    Other
    $59,119
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $562,190
    Bonus
    $90,517
    Other
    $103,098
    Deferred
    $36,800
    Nontaxable benefits
    $22,319
    Filer's total
    $814,924

  • Ruth Pullins

    CHIEF HR OFFICER

    Total calculated
    $592,784
    From this org
    $527,638
    From related orgs
    $0
    Other
    $65,146
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $388,125
    Bonus
    $62,841
    Other
    $76,672
    Deferred
    $36,800
    Nontaxable benefits
    $28,346
    Filer's total
    $592,784

  • Savanna Hughes

    CRNA

    Total calculated
    $433,308
    From this org
    $409,079
    From related orgs
    $0
    Other
    $24,229
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $407,836
    Bonus
    $1,065
    Other
    $178
    Deferred
    $12,130
    Nontaxable benefits
    $12,099
    Filer's total
    $433,308

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

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 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 4b Supplemental nonqualified retirement plan
JOLIE JUSTUS - ACCRUAL 68,261 DISTRIBUTION - 0 JOHN GIANINO - 54,576 DISTRIBUTION -0 CHARLES W. SHIELDS-ACCRUAL 0 DISTRIBUTION 19,370
Schedule J, Part II LINE 9 AND PART VII, LINE 9
UNIVERSITY HEALTH REIMBURSED UNIVERSITY HEALTH PHYSICIANS $494,734 FOR THE TIME MARK STEELE, M.D. SPENT ASSISTING UNIVERSITY HEALTH AS THE MEDICAL DIRECTOR.
Schedule J, Part II COMPENSATION FROM AN UNRELATED ORGANIZATION OR INDIVIDUAL
NAME - MARK T. STEELE, MD, COMPENSATION FROM UNRELATED ORGANIZATION - 542261, NAME OF UNRELATED ORGANIZATION - UNIVERSITY HEALTH PHYSICIANS, TYPE OF COMPENSATION - PHYSICIAN SERVICES

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

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.

Provenance

Return type
form_990
Tax year
2024
Filed
8 May 2026
IRS schema version
2024v5.1
Source object
202601289349301885

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