Skip to content
Nonprofiteer
← HILLCREST PHYSICIAN SERVICES

Form 990 for tax year 2023

Filed by HILLCREST PHYSICIAN SERVICES.

Totals

Total revenue
$63,190,580
Total expenses
$63,028,342
Contributions and grants received
$17,351,682
Grants paid
$0
Program service revenue
$45,565,142
Investment income
$273,756
Other revenue
$0
Total assets, end of year
$11,201,828
Total liabilities, end of year
$11,201,375
Net assets or fund balances, end of year
$453
Program services expenses (Part IX)
$60,500,499
Management and general expenses
$2,527,843
Fundraising expenses
$0
Program service expenses (Part III)
$60,500,499

Program services were 96.0% 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.

  • 1d · Related organizations

    $17,351,682

  • 2a · Program service revenue: Patient Care

    total $45,384,045 · related or exempt $45,384,045

  • 2b · Program service revenue: Shared Savings

    total $106,283 · related or exempt $106,283

  • 2c · Program service revenue: Medical Director Fees

    total $74,814 · related or exempt $74,814

  • 3 · Investment income

    total $273,756 · related or exempt $10,525 · excluded $263,231

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $8,525,609 · program services $8,525,609

  • 6 · Compensation of disqualified persons

    total $27,986 · program services $27,986

  • 7 · Other salaries and wages

    total $39,371,972 · program services $39,371,972

  • 8 · Pension plan contributions

    total $981,801 · program services $981,801

  • 9 · Other employee benefits

    total $2,405,848 · program services $2,405,848

  • 10 · Payroll taxes

    total $1,835,329 · program services $1,835,329

  • 11d · Fees: lobbying

    total $5,637 · management and general $5,637

  • 11g · Fees: other

    total $3,402,806 · program services $905,558 · management and general $2,497,248

  • 12 · Advertising and promotion

    total $313,740 · program services $313,740

  • 13 · Office expenses

    total $153,530 · program services $153,530

  • 14 · Information technology

    total $1,731,234 · program services $1,719,606 · management and general $11,628

  • 16 · Occupancy

    total $2,395,640 · program services $2,394,096 · management and general $1,544

  • 17 · Travel

    total $117,272 · program services $117,272

  • 19 · Conferences, conventions and meetings

    total $76,286 · program services $76,286

  • 22 · Depreciation, depletion and amortization

    total $269,656 · program services $269,656

  • 23 · Insurance

    total $9,554 · management and general $9,554

  • 24a · Other expenses: Medical Supplies

    total $1,144,640 · program services $1,144,640

  • 24b · Other expenses: Non Medical Supplies

    total $131,464 · program services $131,394 · management and general $70

  • 24c · Other expenses: Dues and Memberships

    total $93,161 · program services $92,333 · management and general $828

  • 24d · Other expenses: LPPF Expenses

    total $22,129 · program services $22,129

  • 24e · All other expenses

    total $13,048 · program services $11,714 · management and general $1,334

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $6,270,933 · end of year $6,650,688

  • 4 · Accounts receivable

    beginning of year $2,982,417 · end of year $3,187,182

  • 7 · Other notes and loans receivable

    beginning of year $150,288 · end of year $278,936

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

    $2,031,028

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

    $946,006

  • 10c · Land, buildings and equipment, net

    beginning of year $697,632 · end of year $1,085,022

  • 17 · Accounts payable and accrued expenses

    beginning of year $10,088,363 · end of year $11,201,375

  • 27 · Net assets without donor restrictions

    beginning of year $12,907 · end of year $453

Mission and programs · 2023

Mission

Founded as a Christian ministry of healing, Baylor Scott & White Health promotes the well-being of all individuals, families and communities.

Activities or mission (Part I)

Faith based physician clinic providing exemplary patient care, medical education, medical research and community service to residents of the Central Texas region since 2000.

  • See Schedule OHillcrest Physician Services (HPS) is a faith-based, nonprofit physician group providing exemplary patient care services to the residents of McLennan County and the surrounding communities since 2000 and is a key component in fulfilling the overall charitable mission of Baylor Scott & White Health (BSWH). HPS is affiliated with BSWH, a faith-based nationally acclaimed network of acute care hospitals and related health care entities providing quality patient care, medical education, medical research and other community services to the residents of North and Central Texas. As the largest not-for-profit health care system in Texas and one of the largest in the United States, BSWH was born from the 2013 combination of Baylor Health Care System and Scott & White Healthcare. Today, BSWH has over 1,300 patient access points including 52 hospitals, 632 specialty care clinics, 260 outpatient clinics, 164 primary care clinics, 29 pharmacies, 30 ambulatory surgery centers, 62 urgent care clinics, and more than 7,200 active physicians. The system also includes a state certified health maintenance organization, the Scott and White Health Plan and the Baylor Scott & White Quality Alliance accountable care organization both covering over 1,200,000 lives.HPS is one of the BSWH's physician practice groups in the Waco area of central Texas. Specialists employed by HPS provide all of the trauma and neurosurgical call coverage for the Level II Trauma Center located at BSW Hillcrest. HPS also provides 24 hours a day hospitalist coverage for BSW Hillcrest. During the fiscal year HPS provided 159,726 patient visits.HPS is committed to offering access to quality health care including providing free or discounted health care to the indigent, the underserved population and persons covered by government sponsored indigent health care and other government sponsored programs. During the fiscal year HPS provided free or discounted care totaling more than $886,000 to indigent patients qualifying under the financial assistance policy. Also, as part of its mission and charitable purpose, HPS develops, implements and operates innovative strategies and programs that create access to health services, provide equitable care and improves health outcomes for the indigent and the medically underserved population. These activities include wellness programs, community education programs, special programs for the elderly, handicapped and medically underserved and a variety of broad community support activities.

    Expenses $60,500,499 · Revenue $45,575,667

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

Listed in Part VII

  • Andrew Brochu DO

    Director

    Total calculated
    $1,510,436
    From this org
    $1,415,657
    From related orgs
    $0
    Other
    $94,779
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $669,656
    Bonus
    $716,962
    Other
    $29,039
    Deferred
    $66,300
    Nontaxable benefits
    $28,479
    Filer's total
    $1,510,436

  • Scott Hecox MD

    Director

    Total calculated
    $1,502,341
    From this org
    $1,407,065
    From related orgs
    $0
    Other
    $95,276
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $569,149
    Bonus
    $789,822
    Other
    $48,094
    Deferred
    $66,300
    Nontaxable benefits
    $28,976
    Filer's total
    $1,502,341

  • David Ferguson MD

    Director

    Total calculated
    $1,357,301
    From this org
    $1,255,012
    From related orgs
    $0
    Other
    $102,289
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $783,182
    Bonus
    $442,862
    Other
    $28,968
    Deferred
    $66,300
    Nontaxable benefits
    $35,989
    Filer's total
    $1,357,301

  • Adam W Ylitalo DO

    Director

    Total calculated
    $831,522
    From this org
    $737,119
    From related orgs
    $0
    Other
    $94,403
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $562,341
    Bonus
    $120,804
    Other
    $53,974
    Deferred
    $66,300
    Nontaxable benefits
    $28,103
    Filer's total
    $831,522

  • Johnny D Howton MD

    Director

    Total calculated
    $779,183
    From this org
    $694,179
    From related orgs
    $0
    Other
    $85,004
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $491,926
    Bonus
    $160,800
    Other
    $41,453
    Deferred
    $56,400
    Nontaxable benefits
    $28,604
    Filer's total
    $779,183

  • Marc S Elieson MD

    Director

    Total calculated
    $706,566
    From this org
    $633,369
    From related orgs
    $0
    Other
    $73,197
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $575,895
    Bonus
    $56,951
    Other
    $523
    Deferred
    $44,694
    Nontaxable benefits
    $28,503
    Filer's total
    $706,566

  • David McCall DO

    Director

    Total calculated
    $690,407
    From this org
    $595,769
    From related orgs
    $0
    Other
    $94,638
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $414,780
    Bonus
    $134,671
    Other
    $46,318
    Deferred
    $65,867
    Nontaxable benefits
    $28,771
    Filer's total
    $690,407

  • Jon M Ellis MD

    Director

    Total calculated
    $645,856
    From this org
    $554,755
    From related orgs
    $0
    Other
    $91,101
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $523,650
    Bonus
    $522
    Other
    $30,583
    Deferred
    $66,300
    Nontaxable benefits
    $24,801
    Filer's total
    $645,856

  • Umad Ahmad MD

    Director/Chair

    Total calculated
    $629,407
    From this org
    $0
    From related orgs
    $581,964
    Other
    $47,443
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $430,297 related
    Bonus
    $0 + $128,418 related
    Other
    $0 + $23,249 related
    Deferred
    $0 + $16,500 related
    Nontaxable benefits
    $0 + $30,943 related
    Filer's total
    $0 + $629,407 related

  • Charles Williams

    President/CEO (thru 7/16/2023)

    Total calculated
    $872,266
    From this org
    $0
    From related orgs
    $763,318
    Other
    $108,948
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $496,871 related
    Bonus
    $0 + $187,550 related
    Other
    $0 + $78,897 related
    Deferred
    $0 + $75,213 related
    Nontaxable benefits
    $0 + $33,735 related
    Filer's total
    $0 + $872,266 related

  • Shellie Mach

    Secretary/Treasurer

    Total calculated
    $395,908
    From this org
    $0
    From related orgs
    $352,380
    Other
    $43,528
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $245,413 related
    Bonus
    $0 + $83,729 related
    Other
    $0 + $23,238 related
    Deferred
    $0 + $13,459 related
    Nontaxable benefits
    $0 + $30,069 related
    Filer's total
    $0 + $395,908 related

  • Matthew Rohrer

    VP Clinic Operations

    Total calculated
    $301,415
    From this org
    $0
    From related orgs
    $262,148
    Other
    $39,267
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $207,952 related
    Bonus
    $0 + $53,317 related
    Other
    $0 + $879 related
    Deferred
    $0 + $10,979 related
    Nontaxable benefits
    $0 + $28,288 related
    Filer's total
    $0 + $301,415 related

  • Chris Lancaster

    President/CEO (eff 1/8/2024)

    Total calculated
    $0
    Hours/week
    1 + 40 related

  • Brad Crye

    Interim Pres/CEO (7/17/23-1/7/2024)

    Total calculated
    $400,994
    From this org
    $0
    From related orgs
    $365,495
    Other
    $35,499
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $262,156 related
    Bonus
    $0 + $83,407 related
    Other
    $0 + $19,932 related
    Deferred
    $0 + $13,255 related
    Nontaxable benefits
    $0 + $22,244 related
    Filer's total
    $0 + $400,994 related

  • John Ackley MD

    Physician

    Total calculated
    $1,929,520
    From this org
    $1,827,567
    From related orgs
    $0
    Other
    $101,953
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $763,757
    Bonus
    $1,012,545
    Other
    $51,265
    Deferred
    $66,300
    Nontaxable benefits
    $35,653
    Filer's total
    $1,929,520

  • Anthony Cahill MD

    Physician

    Total calculated
    $1,182,656
    From this org
    $1,077,961
    From related orgs
    $0
    Other
    $104,695
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $507,028
    Bonus
    $520,040
    Other
    $50,893
    Deferred
    $66,300
    Nontaxable benefits
    $38,395
    Filer's total
    $1,182,656

  • Jacob Davis MD

    Physician

    Total calculated
    $1,075,680
    From this org
    $981,245
    From related orgs
    $0
    Other
    $94,435
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $773,938
    Bonus
    $155,451
    Other
    $51,856
    Deferred
    $66,300
    Nontaxable benefits
    $28,135
    Filer's total
    $1,075,680

  • Charles Buck MD

    Physician

    Total calculated
    $1,052,543
    From this org
    $950,889
    From related orgs
    $0
    Other
    $101,654
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $494,117
    Bonus
    $427,849
    Other
    $28,923
    Deferred
    $66,300
    Nontaxable benefits
    $35,354
    Filer's total
    $1,052,543

  • Bradley Gilliam MD

    Physician

    Total calculated
    $1,029,775
    From this org
    $935,085
    From related orgs
    $0
    Other
    $94,690
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $501,958
    Bonus
    $381,640
    Other
    $51,487
    Deferred
    $66,300
    Nontaxable benefits
    $28,390
    Filer's total
    $1,029,775

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
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Part I, Line 1a
Tax indemnification and gross up payments - The organization provides tax indemnification where the BSW Holdings' CEO, COO or CFO determines there is justification to reimburse an individual for the tax impact on certain taxable, non-cash benefits provided to them. All tax indemnification payments provided are treated as taxable compensation. Five of the persons listed in the Form 990, Part VII, Section A, received this benefit from the organization during the tax year.
Part I, Line 3
Process for determining compensation: The organization, a controlled affiliate of Baylor Scott & White Holdings, recognizes that those chosen to lead the organization are vital to its ongoing success and growth. Thus, it must attract, retain and engage the highest quality officers and key employees to lead the organization and help the organization maintain its national reputation for achieving high targets for medical quality, patient safety, and patient satisfaction. A significant portion of the organization's officers and key employees' total compensation is based on significant performance achievements. This strategy places a greater emphasis on the importance of the organization achieving targeted improvements in the areas of people, quality, patient satisfaction and financial stewardship, annually. Total executive compensation is part of an integrated talent management strategy developed by the Baylor Scott & White Holdings Board of Trustees and its Compensation Committee to attract, motivate, and retain the best leadership resources for the organization. Executive compensation is determined pursuant to guidelines outlined in the intermediate sanction rules under IRC Section 4958 including taking steps to meet the rebuttable presumption standard of reasonableness under Treasury Regulation 53.4958-6, as summarized below. When making compensation decisions, the organization compares itself to similarly-sized, and structured businesses including other integrated health care service systems and other similarly-sized organizations, both locally and nationally. Each year the Baylor Scott & White Holdings Board of Trustees and the Compensation Committee, on behalf of the organization through reserved powers explicitly held by Baylor Scott & White Holdings, works directly with an independent compensation consultant(s) to identify reasonable and competitive market rates as well as provide an annual review of the total compensation of the organization's top management officials and other officers and key employees to ensure total compensation is within a fair market range. The annual review included reviewing certain officers and key employees listed on the Form 990 during the current tax year. The Compensation Committee is made up of members of the Baylor Scott & White Holdings Board of Trustees, who are independent, community volunteers. Guided by the information provided by the independent compensation consultant(s), the Compensation Committee approves the annual process and methodology for setting fair market salary ranges, earned incentives, and/or benefit offerings for the organization's President, other officers and/or key employees to be comparable to similar organizations for similar services and/or positions. Furthermore, the Compensation Committee is charged with the responsibility of reviewing annually the major elements of the executive compensation program to assure designs remain consistent with the business needs, market practices, and compensation philosophy. As part of the decision-making process, the Compensation Committee will often meet in executive session to discuss and review recommendations made by the independent compensation consultant(s). No officer or key employee whose compensation is being reviewed is present during these discussions. All decisions are properly documented in the minutes of the meetings.
Part I, Line 4b
In order to recruit and retain key talent, BSW Holdings and certain tax exempt affiliates (BSWH) offers a supplemental non-qualified retirement plan to eligible employees. The plan provides an annual benefit (based on a percentage of compensation) to the employee that is paid to the employee on a future date upon vesting in the plan. The following individual(s) participated in and/or received payments (noted in parenthesis) from BSWH's supplemental non-qualified retirement plan during the tax year: Adam W. Ylitalo, D.O. ($30,860), Andrew Brochu, D.O. ($28,330), Anthony Cahill, M.D. ($27,982), Bradley Gilliam, M.D. ($28,406), Charles Buck, M.D. ($28,383), Charles Williams, David Ferguson, M.D. ($28,067), David McCall, D.O. ($27,249), Jacob Davis, M.D. ($28,735), John Ackley, M.D. ($30,564), Johnny D. Howton, M.D. ($27,989), Jon M. Ellis, M.D. ($28,085), Marc S. Elieson, M.D. and Scott Hecox, M.D. ($28,383).
Part I, Line 7
The organization has adopted and implemented BSW Holdings', the organization's ultimate parent, Annual Incentive Program to provide a market competitive total cash compensation incentive program that is designed to attract and retain key leaders and establish greater individual accountability and alignment to business performance. Payout targets are based upon a percentage of base pay and are developed by independent third party expert(s) using comparable market competitive data within the bounds of reasonableness and that are reviewed and approved by BSW Holdings' governing body. Payout levels are based upon a combination of system, entity, and individual performance using various metrics related to quality, patient satisfaction, employee retention, and financial stewardship. BSW Holdings' governing body may approve modifications to annual incentive awards provided under the program consistent with market comparability data.
Form 990, Schedule J, Part III
Supplemental Information: Governing Body Compensation The members of the governing body serve in a limited role in their capacity as a board member and may receive compensation from the organization for these duties as a member of the governing body. However, the members do receive a majority of their compensation from the organization in their capacity as employed physicians.

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.

Related corporations and trusts

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

Provenance

Return type
form_990
Tax year
2023
Filed
12 May 2025
IRS schema version
2023v6.0
Source object
202501339349305430

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

The source document this was parsed from is served over the API, which is where bulk and document access live.