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Nonprofiteer
← METHODIST HEALTH SYSTEM FOUNDATION INC

Form 990 for tax year 2022

Filed by METHODIST HEALTH SYSTEM FOUNDATION INC.

Totals

Total revenue
$2,329,849
Total expenses
$5,359,082
Contributions and grants received
$527,332
Grants paid
$1,570,771
Program service revenue
$297,242
Investment income
$1,496,213
Other revenue
$9,062
Total assets, end of year
$70,912,948
Total liabilities, end of year
$996,848
Net assets or fund balances, end of year
$69,916,100
Program services expenses (Part IX)
$4,586,049
Management and general expenses
$766,873
Fundraising expenses
$6,160
Program service expenses (Part III)
$4,586,049

Program services were 85.6% 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)

    $338,881

  • 1f · All other contributions, gifts and grants

    $188,451

  • 2a · Program service revenue: SCHOOL BASED HEALTH CARE

    total $250,828 · related or exempt $250,828

  • 2b · Program service revenue: PHYSICIAN BILLING SERVICE FEES

    total $46,414 · related or exempt $46,414

  • 3 · Investment income

    total $1,509,530 · excluded $1,509,530

  • 6a · Gross rents

    real property $2,000

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $2,000

  • 6d · Net rental income or loss

    total $2,000 · related or exempt $2,000

  • 7a · Gross sales of assets other than inventory

    securities $31,728,185

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

    securities $31,741,502

  • 7c · Gain or loss

    securities -$13,317

  • 7d · Net gain or loss

    total -$13,317 · excluded -$13,317

  • 11a · Other revenue: DRUG SCREENS

    total $6,950 · related or exempt $6,950

  • 11b · Other revenue: OTHER REVENUE

    total $112 · related or exempt $112

  • 11e · Other revenue, total

    $7,062

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,570,771 · program services $1,570,771

  • 5 · Compensation of officers, directors and key employees

    total $970,164 · program services $813,001 · management and general $152,340 · fundraising $4,823

  • 7 · Other salaries and wages

    total $1,364,361 · program services $990,120 · management and general $374,241

  • 8 · Pension plan contributions

    total $133,538 · program services $120,893 · management and general $12,472 · fundraising $173

  • 9 · Other employee benefits

    total $253,405 · program services $237,862 · management and general $15,296 · fundraising $247

  • 10 · Payroll taxes

    total $145,713 · program services $113,298 · management and general $32,112 · fundraising $303

  • 11b · Fees: legal

    total $1,845 · management and general $1,845

  • 11c · Fees: accounting

    total $49,754 · program services $44,779 · management and general $4,975

  • 11g · Fees: other

    total $158,215 · program services $135,017 · management and general $22,981 · fundraising $217

  • 12 · Advertising and promotion

    total $8,789 · program services $4,923 · management and general $3,866

  • 13 · Office expenses

    total $103,566 · program services $76,996 · management and general $26,504 · fundraising $66

  • 16 · Occupancy

    total $115,322 · program services $111,761 · management and general $3,561

  • 17 · Travel

    total $22,366 · program services $20,232 · management and general $2,134

  • 22 · Depreciation, depletion and amortization

    total $93,807 · program services $73,378 · management and general $20,238 · fundraising $191

  • 23 · Insurance

    total $186,448 · program services $167,803 · management and general $18,645

  • 24a · Other expenses: REPAIRS AND MAINTENANCE

    total $69,130 · program services $54,185 · management and general $14,805 · fundraising $140

  • 24b · Other expenses: EDUCATION

    total $63,043 · program services $2,185 · management and general $60,858

  • 24c · Other expenses: MEDICAL SUPPLIES

    total $48,845 · program services $48,845 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $616,386 · end of year $616,368

  • 4 · Accounts receivable

    beginning of year $267,136 · end of year $234,481

  • 9 · Prepaid expenses and deferred charges

    beginning of year $58,227 · end of year $63,440

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

    $4,788,758

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

    $1,285,332

  • 10c · Land, buildings and equipment, net

    beginning of year $3,574,608 · end of year $3,503,426

  • 11 · Investments: publicly traded securities

    beginning of year $65,078,229 · end of year $66,118,173

  • 15 · Other assets

    beginning of year $703,490 · end of year $377,060

  • 17 · Accounts payable and accrued expenses

    beginning of year $70,044 · end of year $68,585

  • 18 · Grants payable

    beginning of year $376,000 · end of year $481,308

  • 19 · Deferred revenue

    end of year $25,000

  • 25 · Other liabilities

    beginning of year $373,815 · end of year $421,955

  • 27 · Net assets without donor restrictions

    beginning of year $69,256,612 · end of year $69,694,808

  • 28 · Net assets with donor restrictions

    beginning of year $221,605 · end of year $221,292

Mission and programs · 2022

Mission

TO FOCUS ON THE SUPPORT, DEVELOPMENT, AND MANAGEMENT OF HEALTH-RELATED PROGRAMS AND SERVICES FOR THE NEW ORLEANS METRO AREA.

Activities or mission (Part I)

THE FOUNDATION IS DEDICATED TO THE SUPPORT, DEVELOPMENT, AND MANAGEMENT OF [CONT'D ON SCH. O] HEALTH-RELATED PROGRAMS AND SERVICES FOR THE BENEFIT OF THE CITIZENS OF EAST NEW ORLEANS AND BEYOND.

  • SCHOOL-BASED HEALTH CENTERS PROVIDE MEDICAL AND MENTAL HEALTH RESOURCES AND SERVICES NECESSARY TO PROMOTE AND IMPROVE STUDENTS' HEALTH AND ACADEMIC CAPABILITIES.

    Expenses $2,088,274 · Revenue $257,890

  • MANAGEMENT SERVICES SUPPORT PHYSICIANS IN THE GREATER NEW ORLEANS AREA AND BEYOND. SERVICES OFFERED HELP REDUCE LABOR-INTENSIVE PROJECTS PERFORMED BY OFFICE MANAGERS AND STAFF AND ALLOW FOR MEDICAL PRACTICES TO FOCUS ON PROVIDING QUALITY HEALTHCARE.

    Expenses $116,733 · Revenue $46,414

  • OTHER SERVICES PERFORMED AND EXPENSES INCURRED IN CONNECTION WITH THE PROMOTION OF HEALTH OF PERSONS WITHIN THE FOUNDATION'S SERVICE AREA.

    Expenses $2,381,042 · Grants $1,570,771

  • OTHER SERVICES PERFORMED AND EXPENSES INCURRED IN CONNECTION WITH THE PROMOTION OF HEALTH OF PERSONS WITHIN THE FOUNDATION'S SERVICE AREA.

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Wendy M Beron

    PRESIDENT

    Total calculated
    $512,703
    From this org
    $481,058
    From related orgs
    $0
    Other
    $31,645
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $462,472
    Bonus
    $0
    Other
    $18,586
    Deferred
    $18,300
    Nontaxable benefits
    $13,345
    Filer's total
    $512,703

  • Patrick E Mottram

    CHAIRMAN

    Total calculated
    $40,800
    From this org
    $40,800
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Frederick C Young

    SECRETARY

    Total calculated
    $15,273
    From this org
    $15,273
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • Donald E Pate

    VICE-CHAIRMAN

    Total calculated
    $0
    Hours/week
    8

  • Patrick M Gibbs

    PAST CHAIRMAN

    Total calculated
    $0
    Hours/week
    2

  • Paula R Singleton

    AT LARGE

    Total calculated
    $0
    Hours/week
    2

  • Natalie B Cohen

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Janine S Parker

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Keith L Winfrey

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Randi G Jones

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Larry D Wink

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • E Howell Crosby

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Mark C Roming

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Paul Page

    VP - FINANCE

    Total calculated
    $254,297
    From this org
    $218,949
    From related orgs
    $0
    Other
    $35,348
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $218,949
    Bonus
    $0
    Other
    $0
    Deferred
    $17,516
    Nontaxable benefits
    $17,832
    Filer's total
    $254,297

  • Ann Clayton Chamberlain

    VP - PROGRAM MANAGEMENT

    Total calculated
    $173,732
    From this org
    $162,149
    From related orgs
    $0
    Other
    $11,583
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $162,149
    Bonus
    $0
    Other
    $0
    Deferred
    $9,729
    Nontaxable benefits
    $1,854
    Filer's total
    $173,732

  • Glenda London

    NURSE PRACTIONER

    Total calculated
    $144,588
    From this org
    $123,636
    From related orgs
    $0
    Other
    $20,952
    Hours/week
    40

  • Heather Surcouf

    DIRECTOR OF HEALTH CENTERS

    Total calculated
    $179,910
    From this org
    $147,315
    From related orgs
    $0
    Other
    $32,595
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $146,651
    Bonus
    $664
    Other
    $0
    Deferred
    $10,312
    Nontaxable benefits
    $22,283
    Filer's total
    $179,910

  • Audra Degan

    NURSE PRACTIONER

    Total calculated
    $146,382
    From this org
    $117,369
    From related orgs
    $0
    Other
    $29,013
    Hours/week
    40

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 · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Independent compensation consultant
  • 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
2022
Filed
17 October 2023
IRS schema version
2022v5.0
Source object
202312969349300966

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

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