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Nonprofiteer
← GEORGETOWN HEALTHCARE SYSTEM INC

Form 990 for tax year 2023

Filed by GEORGETOWN HEALTHCARE SYSTEM INC.

Totals

Total revenue
$4,178,900
Total expenses
$4,309,339
Contributions and grants received
$775,000
Grants paid
$1,731,674
Program service revenue
$3,098,546
Investment income
$638,907
Other revenue
-$333,553
Total assets, end of year
$56,329,972
Total liabilities, end of year
$3,524,864
Net assets or fund balances, end of year
$52,805,108
Program services expenses (Part IX)
$2,934,104
Management and general expenses
$1,375,235
Fundraising expenses
$0
Program service expenses (Part III)
$2,934,104

Program services were 68.1% 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

    $600,000

  • 1f · All other contributions, gifts and grants

    $175,000

  • 2a · Program service revenue: ST. DAVID'S HEALTHCARE

    total $3,098,546 · related or exempt $3,098,546

  • 3 · Investment income

    total $777,146 · excluded $777,146

  • 6a · Gross rents

    real property $99,184

  • 6b · Less rental expenses

    real property $492,150

  • 6c · Rental income or loss

    real property -$392,966

  • 6d · Net rental income or loss

    total -$392,966 · related or exempt -$87,453 · unrelated business -$305,513

  • 7a · Gross sales of assets other than inventory

    securities $1,500,000

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

    securities $1,638,239

  • 7c · Gain or loss

    securities -$138,239

  • 7d · Net gain or loss

    total -$138,239 · excluded -$138,239

  • 11a · Other revenue: OTHER INCOME

    total $59,413 · related or exempt $59,413

  • 11e · Other revenue, total

    $59,413

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,731,674 · program services $1,731,674

  • 5 · Compensation of officers, directors and key employees

    total $957,250 · program services $439,136 · management and general $518,114

  • 7 · Other salaries and wages

    total $522,058 · program services $239,493 · management and general $282,565

  • 8 · Pension plan contributions

    total $21,969 · program services $10,078 · management and general $11,891

  • 9 · Other employee benefits

    total $8,675 · program services $3,980 · management and general $4,695

  • 10 · Payroll taxes

    total $99,804 · program services $45,785 · management and general $54,019

  • 11b · Fees: legal

    total $52,373 · program services $27,234 · management and general $25,139

  • 11c · Fees: accounting

    total $72,180 · program services $37,534 · management and general $34,646

  • 11f · Fees: investment management

    total $84,244 · program services $43,221 · management and general $41,023

  • 11g · Fees: other

    total $231,079 · program services $120,162 · management and general $110,917

  • 12 · Advertising and promotion

    total $6,589 · program services $4,705 · management and general $1,884

  • 13 · Office expenses

    total $35,604 · program services $21,264 · management and general $14,340

  • 14 · Information technology

    total $27,310 · program services $14,201 · management and general $13,109

  • 16 · Occupancy

    total $149,144 · program services $92,542 · management and general $56,602

  • 17 · Travel

    total $19,133 · program services $13,828 · management and general $5,305

  • 19 · Conferences, conventions and meetings

    total $23,717 · program services $13,023 · management and general $10,694

  • 22 · Depreciation, depletion and amortization

    total $84,022 · management and general $84,022

  • 23 · Insurance

    total $96,703 · program services $50,286 · management and general $46,417

  • 24a · Other expenses: MISCELLANEOUS EXPENSES

    total $51,457 · program services $12,848 · management and general $38,609

  • 24b · Other expenses: DUES & SUBSCRIPTIONS

    total $22,290 · program services $13,110 · management and general $9,180

  • 24c · Other expenses: FEDERAL INCOME TAX

    total $12,064 · management and general $12,064

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $779,374 · end of year $1,439,929

  • 4 · Accounts receivable

    beginning of year $28,484 · end of year $44,738

  • 8 · Inventories for sale or use

    beginning of year $1,143 · end of year $1,143

  • 9 · Prepaid expenses and deferred charges

    beginning of year $30,133 · end of year $50,572

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

    $10,419,654

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

    $1,680,042

  • 10c · Land, buildings and equipment, net

    beginning of year $6,803,104 · end of year $8,739,612

  • 11 · Investments: publicly traded securities

    beginning of year $24,298,419 · end of year $25,398,037

  • 13 · Investments: program-related

    beginning of year $12,872,110 · end of year $12,872,110

  • 15 · Other assets

    beginning of year $8,175,491 · end of year $7,783,831

  • 17 · Accounts payable and accrued expenses

    beginning of year $384,628 · end of year $1,058,700

  • 23 · Secured mortgages and notes payable

    beginning of year $1,531,435 · end of year $2,276,203

  • 25 · Other liabilities

    beginning of year $181,621 · end of year $189,961

  • 27 · Net assets without donor restrictions

    beginning of year $50,890,574 · end of year $52,805,108

Mission and programs · 2023

Mission

TO PROMOTE AND FACILITATE THE ADVANCEMENT OF AFFORDABLE HEALTH CARE TO THE COMMUNITY OF GEORGETOWN AND THE SURROUNDING AREA.

Activities or mission (Part I)

THE ORGANIZATION IS DEDICATED TO THE PROMOTION OF QUALITY, ACCESSIBLE HEALTHCARE FOR ALL PERSONS LIVING IN THE GEORGETOWN, TX COMMUNITY AND SURROUNDING AREA. AS A PARTNER IN THE ST. DAVID'S HEALTHCARE PARTNERSHIP, WE PROVIDE HEALTHCARE TO THE PUBLIC THROUGH THE OPERATION OF FOUR HOSPITALS IN THE CENTRAL TEXAS AREA WHICH OPERATE UNDER THE COMMUNITY BENEFIT STANDARD. LOCALLY, WE INVEST IN AND PARTNER WITH OTHER NON-PROFIT ORGANIZATIONS WHO, LIKE US, ARE COMMITTED TO IMPROVING THE SOCIAL DETERMINANTS OF HEALTH IN OUR COMMUNITY WITH A GOAL OF BUILDING AND SUSTAINING HEALTHY, PRODUCTIVE LIVES FOR GEORGETOWN RESIDENTS.

  • THE REPORTING ORGANIZATION PROVIDES GRANTS TO COMMUNITY ORGANIZATIONS THAT PROMOTE IMPROVED ACCESS TO, OR DIRECTLY PROVIDE HEALTHCARE TO THE CITIZENS OF THE GEORGETOWN, TEXAS AREA REGARDLESS OF THEIR ABILITY TO PAY FOR SUCH SERVICES.

    Expenses $2,934,104 · Grants $1,731,674 · Revenue $59,413

  • THE REPORTING ORGANIZATION IS A PARTNER IN THE ST. DAVID'S HEALTHCARE PARTNERSHIP, LP, LLP. THE HOSPITALS IN THE PARTNERSHIP ARE DEDICATED TO SERVING CENTRAL TEXAS UNDER THE COMMUNITY BENEFIT STANDARD AND THE AFFORDABLE CARE ACT. ST. DAVID'S HEALTHCARE PARTNERSHIP INCLUDES HOSPITALS, FREE-STANDING EMERGENCY ROOMS, AMBULATORY CARE CENTERS, AND URGENT CARE CENTERS.

    Revenue $3,098,546

As filed on the 2023 return.

Listed in Part VII

  • JIM DONOVAN MD

    PAST CHAIR

    Total calculated
    $0
    Hours/week
    1.5

  • BRADLEY SMITH

    CHAIR

    Total calculated
    $0
    Hours/week
    2

  • STEVE WEST

    SECRETARY

    Total calculated
    $0
    Hours/week
    1.5

  • DENISSE BALDWIN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • CHAR HU PHD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • PETE INMAN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • DELTA JOLLY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • BEN LAKE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JOAN MAIER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • LINDA MEIGS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • RODNEY MORALES

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • SOFIA NELSON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MATT SMITH

    CHAIR-ELECT

    Total calculated
    $0
    Hours/week
    1.5

  • ROBERT STERN MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • M SCOTT ALARCON

    CEO

    Total calculated
    $512,225
    From this org
    $448,786
    From related orgs
    $0
    Other
    $63,439
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $441,286
    Bonus
    $0
    Other
    $7,500
    Deferred
    $30,000
    Nontaxable benefits
    $33,439
    Filer's total
    $512,225

  • KARIN SLADEK

    CFO

    Total calculated
    $209,961
    From this org
    $188,504
    From related orgs
    $0
    Other
    $21,457
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $187,129
    Bonus
    $0
    Other
    $1,375
    Deferred
    $10,097
    Nontaxable benefits
    $11,360
    Filer's total
    $209,961

  • MARY S PUKYS

    VP-STRATEGIC PHILANTHROPY

    Total calculated
    $235,064
    From this org
    $195,362
    From related orgs
    $0
    Other
    $39,702
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $193,912
    Bonus
    $0
    Other
    $1,450
    Deferred
    $10,377
    Nontaxable benefits
    $29,325
    Filer's total
    $235,064

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

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

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

The 10 largest by cash amount. The API serves every itemized grant.

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
2023
Filed
12 November 2024
IRS schema version
2023v5.1
Source object
202433179349302948

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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