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Nonprofiteer
← HILLCREST HEALTH SYSTEM INC

Form 990 for tax year 2024

Filed by HILLCREST HEALTH SYSTEM INC.

Totals

Total revenue
$21,196,055
Total expenses
$11,756
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$21,196,028
Investment income
$27
Other revenue
$0
Total assets, end of year
$78,639,416
Total liabilities, end of year
$605,061
Net assets or fund balances, end of year
$78,034,355
Program services expenses (Part IX)
$0
Management and general expenses
$11,756
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 0.0% 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: Affiliate Income

    total $21,196,028 · related or exempt $21,196,028

  • 3 · Investment income

    total $27 · excluded $27

Functional expenses

Part IX, the statement of functional expenses.

  • 23 · Insurance

    total $11,756 · management and general $11,756

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $931,696 · end of year $919,947

  • 9 · Prepaid expenses and deferred charges

    end of year $12,155

  • 13 · Investments: program-related

    beginning of year $56,511,286 · end of year $77,707,314

  • 25 · Other liabilities

    beginning of year $592,926 · end of year $605,061

  • 27 · Net assets without donor restrictions

    beginning of year $56,850,056 · end of year $78,034,355

Mission and programs · 2024

Mission

HHS is to be administered soley for the benefit of BSWMC-Hillcrest, a Texas non-profit corporation, by providing, directly or indirectly, assistance and benefit, financial or otherwise, to BSWMC-Hillcrest.

Activities or mission (Part I)

Hillcrest Health System, Inc. (HHS) is to be administered soley for the benefit of Hillcrest Baptist Medical Center dba Baylor Scott & White Medical Center-Hillcrest (BSWMC-Hillcrest), a Texas non-profit corporation, by providing, directly or indirectly, assistance and benefit, financial or otherwise, to BSWMC-Hillcrest.

  • HHS was organized exclusively for the benefit of BSWMC-Hillcrest. HHS is one of two corporate members of BSWMC-Hillcrest and is responsible for appointing 50% of the governing board of BSWMC-Hillcrest and has a number of reserved powers related to the operation and governance of BSWMC-Hillcrest. It also remains the sole corporate member of Hillcrest Health Foundation, an entity established to raise and administer funds for the benefit of BSWMC-Hillcrest.

    Revenue $21,196,027

As filed on the 2024 return.

Listed in Part VII

  • David S Myers MD

    Chair/Director

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Shellie N Mach

    CFO

    Total calculated
    $416,240
    From this org
    $0
    From related orgs
    $370,013
    Other
    $46,227
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $252,821 related
    Bonus
    $0 + $93,538 related
    Other
    $0 + $23,654 related
    Deferred
    $0 + $14,535 related
    Nontaxable benefits
    $0 + $31,692 related
    Filer's total
    $0 + $416,240 related

  • Rodney G Bowden PhD

    Vice Chair/Director

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • David C Alford

    Secretary/Director

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Jazbeen Ahmad MD

    Treasurer/Director

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Marc Elieson MD

    Director

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Chris Lancaster

    Director/President/CEO

    Total calculated
    $774,840
    From this org
    $0
    From related orgs
    $684,728
    Other
    $90,112
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $369,179 related
    Bonus
    $0 + $148,069 related
    Other
    $0 + $167,480 related
    Deferred
    $0 + $54,524 related
    Nontaxable benefits
    $0 + $35,588 related
    Filer's total
    $0 + $774,840 related

  • Wes Bailey

    Director

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Lauren Barron

    Director

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Jaquelyn Taylor

    Director

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Paul F McClinton

    Director

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Hector Sabido

    Director(eff. 11/11/24)

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Tommye Lou Davis

    Director (Thru 12/31/24)

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Brad Crye

    Former Dir/Interim Pres/CEO

    Total calculated
    $405,109
    From this org
    $0
    From related orgs
    $368,106
    Other
    $37,003
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $249,948 related
    Bonus
    $0 + $93,308 related
    Other
    $0 + $24,850 related
    Deferred
    $0 + $14,151 related
    Nontaxable benefits
    $0 + $22,851 related
    Filer's total
    $0 + $405,108 related

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

  • 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)

Part I, Line 4b
The following individual(s) participated in and/or received payments (noted in parenthesis) from supplemental non-qualified retirement plan during the tax year: Chris Lancaster

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.

Provenance

Return type
form_990
Tax year
2024
Filed
13 July 2026
IRS schema version
2024v5.5
Source object
202641949349300714

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