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Nonprofiteer
← HENDRICK PROVIDER NETWORK

Form 990 for tax year 2023

Filed by HENDRICK PROVIDER NETWORK.

Totals

Total revenue
$74,642,925
Total expenses
$142,179,037
Contributions and grants received
$52,301
Grants paid
$1,579
Program service revenue
$72,097,325
Investment income
-$114,365
Other revenue
$2,607,664
Total assets, end of year
$22,291,400
Total liabilities, end of year
$21,553,138
Net assets or fund balances, end of year
$738,262
Program services expenses (Part IX)
$126,328,254
Management and general expenses
$15,850,783
Fundraising expenses
$0
Program service expenses (Part III)
$126,328,254

Program services were 88.9% 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.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $52,301

  • 1f · All other contributions, gifts and grants

    $0

  • 1g · Noncash contributions included above

    $0

  • 2a · Program service revenue: NET PATIENT FEES

    total $72,094,018 · related or exempt $72,094,018

  • 2b · Program service revenue: RELATED NMTC RENTAL REVENUE

    total $3,307 · related or exempt $3,307

  • 2f · All other program service revenue

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

  • 6c · Rental income or loss

    real property $0 · personal property $0

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

    other assets $114,365

  • 7c · Gain or loss

    securities $0 · other assets -$114,365

  • 7d · Net gain or loss

    total -$114,365 · excluded -$114,365

  • 11a · Other revenue: MISCELLANEOUS REVENUE

    total $2,607,664 · excluded $2,607,664

  • 11d · All other revenue

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

  • 11e · Other revenue, total

    $2,607,664

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,579 · program services $1,579

  • 5 · Compensation of officers, directors and key employees

    total $13,225,218 · program services $12,211,029 · management and general $1,014,189

  • 7 · Other salaries and wages

    total $91,620,725 · program services $85,017,788 · management and general $6,602,937

  • 8 · Pension plan contributions

    total $1,902,020 · program services $1,691,126 · management and general $210,894

  • 9 · Other employee benefits

    total $8,786,697 · program services $6,947,504 · management and general $1,839,193

  • 10 · Payroll taxes

    total $4,093,053 · program services $3,519,532 · management and general $573,521

  • 11a · Fees: management

    total $103,886 · program services $103,886

  • 11c · Fees: accounting

    total $28,500 · management and general $28,500

  • 11g · Fees: other

    total $5,750,587 · program services $882,725 · management and general $4,867,862 · fundraising $0

  • 12 · Advertising and promotion

    total $213,972 · program services $175,911 · management and general $38,061

  • 13 · Office expenses

    total $760,958 · program services $617,894 · management and general $143,064

  • 14 · Information technology

    total $631,047 · program services $558,754 · management and general $72,293

  • 16 · Occupancy

    total $4,342,478 · program services $4,292,325 · management and general $50,153

  • 17 · Travel

    total $144,370 · program services $138,579 · management and general $5,791

  • 20 · Interest

    total $6,670 · management and general $6,670

  • 22 · Depreciation, depletion and amortization

    total $934,640 · program services $854,160 · management and general $80,480

  • 23 · Insurance

    total $1,048,754 · program services $1,048,754

  • 24a · Other expenses: MEDICAL SUPPLIES

    total $5,147,261 · program services $5,147,261

  • 24b · Other expenses: BAD DEBT

    total $1,049,393 · program services $1,049,393

  • 24c · Other expenses: MINOR EQUIPMENT

    total $498,156 · program services $469,246 · management and general $28,910

  • 24d · Other expenses: Equipment Rental, Maintenance and Repair

    total $1,218,558 · program services $1,212,617 · management and general $5,941

  • 24e · All other expenses

    total $670,515 · program services $388,191 · management and general $282,324 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $680,736 · end of year $1,474,973

  • 2 · Savings and temporary cash investments

    beginning of year $486,194 · end of year $593,701

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $6,804,054 · end of year $10,166,849

  • 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 $478,653 · end of year $226,135

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,578,941 · end of year $993,643

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

    $13,428,093

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

    $11,072,110

  • 10c · Land, buildings and equipment, net

    beginning of year $3,181,886 · end of year $2,355,983

  • 11 · Investments: publicly traded securities

    beginning of year $0 · end of year $0

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 14 · Intangible assets

    beginning of year $125,220 · end of year $125,220

  • 15 · Other assets

    beginning of year $5,804,584 · end of year $6,354,896

  • 17 · Accounts payable and accrued expenses

    beginning of year $15,351,402 · end of year $15,459,046

  • 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 $0 · end of year $0

  • 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 $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $6,777,406 · end of year $6,094,092

  • 27 · Net assets without donor restrictions

    beginning of year -$2,988,540 · end of year $738,262

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

  • 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 · 2023

Mission

TO PROVIDE MEDICAL CARE TO THE COMMUNITIES OF ABILENE AND BROWNWOOD. MANY PATIENTS ARE ON MEDICAID. SERVICES ARE PROVIDED REGARDLESS OF ABILITY TO PAY.

  • HENDRICK PROVIDER NETWORK PROVIDES A VARIETY OF HEALTH SERVICES ACROSS A WIDE RANGE OF SPECIALTIES FOR PATIENTS IN THE ABILENE AND BROWNWOOD AREAS, MANY OF WHOM ARE UNINSURED OR ARE ON MEDICAID. THESE SERVICES ARE PROVIDED BY PHYSICIANS EMPLOYED BY THE COMPANY.

    Expenses $126,328,254 · Grants $1,579 · Revenue $72,097,325

As filed on the 2023 return.

Listed in Part VII

  • Brent Mahoney

    DIRECTOR

    Total calculated
    $2,281,366
    From this org
    $2,241,243
    From related orgs
    $0
    Other
    $40,123
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $738,387
    Bonus
    $1,502,856
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $40,123
    Filer's total
    $2,281,366

  • Delena Martinez

    DIRECTOR

    Total calculated
    $304,257
    From this org
    $277,866
    From related orgs
    $0
    Other
    $26,391
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $77,770
    Bonus
    $200,096
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $26,391
    Filer's total
    $304,257

  • Gary Binkley

    Director

    Total calculated
    $1,117,896
    From this org
    $1,108,120
    From related orgs
    $0
    Other
    $9,776
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $689,562
    Bonus
    $418,558
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $9,776
    Filer's total
    $1,117,896

  • Henry Fosah

    DIRECTOR

    Total calculated
    $486,697
    From this org
    $447,806
    From related orgs
    $0
    Other
    $38,891
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $325,108
    Bonus
    $122,698
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $38,891
    Filer's total
    $486,697

  • Jacqueline Zimmerman

    DIRECTOR

    Total calculated
    $554,931
    From this org
    $527,645
    From related orgs
    $0
    Other
    $27,286
    Hours/week
    40 + 2 related

    Schedule J breakdown matched by us

    Base
    $477,981
    Bonus
    $49,664
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $27,286
    Filer's total
    $554,931

  • Jeffrey Edwards MD

    DIRECTOR

    Total calculated
    $579,126
    From this org
    $540,242
    From related orgs
    $0
    Other
    $38,884
    Hours/week
    40 + 2 related

    Schedule J breakdown matched by us

    Base
    $287,495
    Bonus
    $252,747
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $38,884
    Filer's total
    $579,126

  • John Masterson

    DIRECTOR

    Total calculated
    $682,952
    From this org
    $650,035
    From related orgs
    $0
    Other
    $32,917
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $509,961
    Bonus
    $140,074
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $32,917
    Filer's total
    $682,952

  • Joseph Stafford

    DIRECTOR

    Total calculated
    $856,733
    From this org
    $819,420
    From related orgs
    $0
    Other
    $37,313
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $545,306
    Bonus
    $274,114
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $37,313
    Filer's total
    $856,733

  • Michael Barris

    DIRECTOR

    Total calculated
    $341,191
    From this org
    $315,014
    From related orgs
    $0
    Other
    $26,177
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $228,741
    Bonus
    $86,273
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $26,177
    Filer's total
    $341,191

  • Paul Watts

    DIRECTOR

    Total calculated
    $839,029
    From this org
    $799,741
    From related orgs
    $0
    Other
    $39,288
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $632,875
    Bonus
    $166,866
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $39,288
    Filer's total
    $839,029

  • Ren Zhang

    Director

    Total calculated
    $1,619,659
    From this org
    $1,615,078
    From related orgs
    $0
    Other
    $4,581
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $699,013
    Bonus
    $916,065
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $4,581
    Filer's total
    $1,619,659

  • Robert Dickey

    DIRECTOR

    Total calculated
    $478,326
    From this org
    $458,358
    From related orgs
    $0
    Other
    $19,968
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $423,973
    Bonus
    $34,385
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $19,968
    Filer's total
    $478,326

  • Sandip Mathur

    DIRECTOR

    Total calculated
    $981,314
    From this org
    $956,048
    From related orgs
    $0
    Other
    $25,266
    Hours/week
    40 + 2 related

    Schedule J breakdown matched by us

    Base
    $774,304
    Bonus
    $181,744
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $25,266
    Filer's total
    $981,314

  • Steven Smith

    DIRECTOR

    Total calculated
    $950,470
    From this org
    $915,410
    From related orgs
    $0
    Other
    $35,060
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $706,581
    Bonus
    $208,829
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $35,060
    Filer's total
    $950,470

  • Timothy Hill

    DIRECTOR

    Total calculated
    $807,307
    From this org
    $807,307
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $506,083
    Bonus
    $301,224
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $807,307

  • Brad Holland

    President

    Total calculated
    $1,644,883
    From this org
    $0
    From related orgs
    $1,433,865
    Other
    $211,018
    Hours/week
    2 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $873,225 related
    Bonus
    $0 + $412,905 related
    Other
    $0 + $147,735 related
    Deferred
    $0 + $173,855 related
    Nontaxable benefits
    $0 + $37,163 related
    Filer's total
    $0 + $1,644,883 related

  • David Stephenson

    VICE PRESIDENT

    Total calculated
    $343,964
    From this org
    $300,909
    From related orgs
    $0
    Other
    $43,055
    Hours/week
    40 + 14 related

    Schedule J breakdown matched by us

    Base
    $284,763
    Bonus
    $0
    Other
    $16,146
    Deferred
    $17,256
    Nontaxable benefits
    $25,799
    Filer's total
    $343,964

  • Jeremy Walker

    CFO

    Total calculated
    $743,592
    From this org
    $0
    From related orgs
    $672,605
    Other
    $70,987
    Hours/week
    2 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $441,078 related
    Bonus
    $0 + $191,240 related
    Other
    $0 + $40,287 related
    Deferred
    $0 + $44,735 related
    Nontaxable benefits
    $0 + $26,252 related
    Filer's total
    $0 + $743,592 related

  • Kirk Canada

    VICE PRESIDENT

    Total calculated
    $403,433
    From this org
    $0
    From related orgs
    $342,799
    Other
    $60,634
    Hours/week
    2 + 44 related

    Schedule J breakdown matched by us

    Base
    $0 + $237,978 related
    Bonus
    $0 + $88,556 related
    Other
    $0 + $16,265 related
    Deferred
    $0 + $23,304 related
    Nontaxable benefits
    $0 + $37,330 related
    Filer's total
    $0 + $403,433 related

  • Michael Murphy

    VICE PRESIDENT

    Total calculated
    $582,625
    From this org
    $0
    From related orgs
    $541,073
    Other
    $41,552
    Hours/week
    2 + 44 related

    Schedule J breakdown matched by us

    Base
    $0 + $383,313 related
    Bonus
    $0 + $157,760 related
    Other
    $0
    Deferred
    $0 + $15,000 related
    Nontaxable benefits
    $0 + $26,552 related
    Filer's total
    $0 + $582,625 related

  • Rob Wiley

    Vice President

    Total calculated
    $766,571
    From this org
    $0
    From related orgs
    $692,028
    Other
    $74,543
    Hours/week
    2 + 42 related

    Schedule J breakdown matched by us

    Base
    $0 + $459,941 related
    Bonus
    $0 + $188,562 related
    Other
    $0 + $43,525 related
    Deferred
    $0 + $46,775 related
    Nontaxable benefits
    $0 + $27,768 related
    Filer's total
    $0 + $766,571 related

  • Bonnie Hayashi

    Physician

    Total calculated
    $2,007,683
    From this org
    $1,969,984
    From related orgs
    $0
    Other
    $37,699
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $309,142
    Bonus
    $1,660,842
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $37,699
    Filer's total
    $2,007,683

  • Daniel Canario

    Physician

    Total calculated
    $1,860,319
    From this org
    $1,830,739
    From related orgs
    $0
    Other
    $29,580
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,273,560
    Bonus
    $557,179
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $29,580
    Filer's total
    $1,860,319

  • Harvinder Arora

    Physician

    Total calculated
    $1,772,381
    From this org
    $1,762,218
    From related orgs
    $0
    Other
    $10,163
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $493,415
    Bonus
    $1,268,803
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $10,163
    Filer's total
    $1,772,381

  • Kevin Bridge MD

    Physician

    Total calculated
    $2,058,510
    From this org
    $2,026,581
    From related orgs
    $0
    Other
    $31,929
    Hours/week
    40 + 2 related

    Schedule J breakdown matched by us

    Base
    $1,362,651
    Bonus
    $663,930
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $31,929
    Filer's total
    $2,058,510

  • Michael Blanc

    Physician

    Total calculated
    $2,082,237
    From this org
    $2,043,453
    From related orgs
    $0
    Other
    $38,784
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,175,913
    Bonus
    $867,540
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $38,784
    Filer's total
    $2,082,237

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 · 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 3 Arrangement used to establish the top management official's compensation
METHOD USED BY HENDRICK MEDICAL CENTER TO ESTABLISH RELATED COMPENSATION OF THE OFFICERS: COMPENSATION COMMITTEE INDEPENDENT COMPENSATION CONSULTANT WRITTEN EMPLOYMENT CONTRACT COMPENSATION SURVEY OR STUDY APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE
Schedule J, Part I, Line 4b SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN
PARTICIPANTS IN 457(F) | REPORTED IN W-2 | DEF COMP | PAID BY -------------------------------------------------------------------------------------- JEREMY WALKER | 40,287 | 44,735 | HMC BRAD HOLLAND | 147,735 | 173,855 | HMC DAVID STEPHENSON | 16,146 | 17,256 | HPN KIRK CANADA | 16,265 | 23,304 | HMC

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.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • HPN RO BILLING SERVICES LLC

    RADIOLOGY SVC · TX · income $811,039 · assets $0

    Directly controlled by HPN

  • HPN PHYSICIAN BILLING LLC

    BILLING SRVCS · TX · income $9,964,257 · assets $0

    Directly controlled by HPN

  • HENDRICK CLINIC BILLING PLLC

    BILLING SRVCS · TX · income $4,021,156 · assets $0

    Directly controlled by HPN

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • TEXAS MIDWEST SURGERY CENTER 7

    Related · SURGERY CENTER · TX

    Directly controlled by HMC

Related corporations and trusts

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

  • HENDRICK HEALTH NETWORK

    C Corporation · HEALTH INSURANCE · TX · controlled entity

    Directly controlled by HMC

  • HENDRICK SOUTHWESTERN HEALTH DEV CORP

    C Corporation · RETAIL SALES · TX · controlled entity

    Directly controlled by HMC

Provenance

Return type
form_990
Tax year
2023
Filed
14 July 2025
IRS schema version
2023v6.0
Source object
202501959349302215

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