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Nonprofiteer
← HENDRICK MEDICAL CENTER BROWNWOOD

Form 990 for tax year 2023

Filed by HENDRICK MEDICAL CENTER BROWNWOOD.

Totals

Total revenue
$133,574,609
Total expenses
$114,195,816
Contributions and grants received
$407,955
Grants paid
$5,187
Program service revenue
$129,380,648
Investment income
$0
Other revenue
$3,786,006
Total assets, end of year
$110,233,300
Total liabilities, end of year
$73,812,179
Net assets or fund balances, end of year
$36,421,121
Program services expenses (Part IX)
$101,279,474
Management and general expenses
$12,916,342
Fundraising expenses
$0
Program service expenses (Part III)
$101,279,474

Program services were 88.7% 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.

  • 1f · All other contributions, gifts and grants

    $407,955

  • 2a · Program service revenue: NET PATIENT REVENUE

    total $129,380,648 · related or exempt $129,380,648

  • 2f · All other program service revenue

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

  • 6a · Gross rents

    real property $4,910

  • 6c · Rental income or loss

    real property $4,910 · personal property $0

  • 6d · Net rental income or loss

    total $4,910 · excluded $4,910

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 11a · Other revenue: MISCELLANEOUS REVENUE

    total $3,234,482 · excluded $3,234,482

  • 11b · Other revenue: CAFETERIA REVENUE

    total $546,614 · excluded $546,614

  • 11d · All other revenue

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

  • 11e · Other revenue, total

    $3,781,096

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $5,187 · program services $5,187

  • 5 · Compensation of officers, directors and key employees

    total $1,429,211 · program services $1,302,036 · management and general $127,175

  • 7 · Other salaries and wages

    total $36,538,596 · program services $33,406,609 · management and general $3,131,987

  • 8 · Pension plan contributions

    total $722,665 · program services $652,041 · management and general $70,624

  • 9 · Other employee benefits

    total $5,322,880 · program services $4,688,779 · management and general $634,101

  • 10 · Payroll taxes

    total $2,675,957 · program services $2,478,848 · management and general $197,109

  • 11a · Fees: management

    total $202,293 · program services $202,293

  • 11b · Fees: legal

    total $57,687 · program services $50,865 · management and general $6,822

  • 11c · Fees: accounting

    total $26,028 · management and general $26,028

  • 11g · Fees: other

    total $22,547,545 · program services $19,729,766 · management and general $2,817,779 · fundraising $0

  • 12 · Advertising and promotion

    total $135,016 · program services $13,103 · management and general $121,913

  • 13 · Office expenses

    total $1,102,449 · program services $931,603 · management and general $170,846

  • 14 · Information technology

    total $2,115,597 · program services $917,729 · management and general $1,197,868

  • 16 · Occupancy

    total $1,248,533 · program services $1,257,192 · management and general -$8,659

  • 17 · Travel

    total $409,470 · program services $341,926 · management and general $67,544

  • 19 · Conferences, conventions and meetings

    total $1,643 · program services $1,643

  • 20 · Interest

    total $4,444,204 · program services $3,555,363 · management and general $888,841

  • 22 · Depreciation, depletion and amortization

    total $4,449,561 · program services $3,010,800 · management and general $1,438,761

  • 23 · Insurance

    total $681,675 · program services $538,455 · management and general $143,220

  • 24a · Other expenses: MEDICAL SUPPLIES

    total $22,504,528 · program services $22,470,580 · management and general $33,948

  • 24b · Other expenses: REPAIRS & MAINTENANCE

    total $1,718,899 · program services $1,642,315 · management and general $76,584

  • 24c · Other expenses: EQUIPMENT EXPENSES

    total $1,062,523 · program services $978,073 · management and general $84,450

  • 24d · Other expenses: TIME ALLOCATIONS

    total $2,489,636 · program services $1,991,709 · management and general $497,927

  • 24e · All other expenses

    total $2,304,033 · program services $1,112,559 · management and general $1,191,474 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $17,714 · end of year $44,083

  • 2 · Savings and temporary cash investments

    beginning of year $811,331 · end of year $269,832

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $12,019,624 · end of year $12,825,613

  • 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 $3,232,796 · end of year $3,949,037

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,723,667 · end of year $3,002,935

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

    $49,530,825

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

    $15,308,962

  • 10c · Land, buildings and equipment, net

    beginning of year $32,416,129 · end of year $34,221,863

  • 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 $54,176,347 · end of year $54,176,347

  • 15 · Other assets

    beginning of year $2,214,229 · end of year $1,743,590

  • 17 · Accounts payable and accrued expenses

    beginning of year $12,237,959 · end of year $14,550,229

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $307,447 · end of year $298,407

  • 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 $58,289,000 · end of year $58,289,000

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $1,065,291 · end of year $674,543

  • 27 · Net assets without donor restrictions

    beginning of year $35,437,412 · end of year $36,049,459

  • 28 · Net assets with donor restrictions

    beginning of year $274,728 · end of year $371,662

  • 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 DELIVER HIGH QUALITY HEALTHCARE EMPHASIZING EXCELLENCE AND COMPASSION CONSISTENT WITH THE HEALING MINISTRY OF JESUS CHRIST.

  • CHARITY CARE PROGRAM: HENDRICK MEDICAL CENTER BROWNWOOD, IN KEEPING WITH ITS MISSION, VISION, AND VALUES AS A BAPTIST ORGANIZATION, HAS ALWAYS MAINTAINED A GENEROUS CHARITY CARE PROGRAM TO ASSURE THAT THOSE WITH THE INABILITY TO PAY HAVE ACCESS TO THE SERVICES PROVIDED BY HENDRICK. THE CHARITY POLICY IN EFFECT DURING THE PERIOD COVERED BY THIS REPORT PROVIDES THAT FAMILIES WITH INCOMES BELOW 300% OF THE FEDERAL POVERTY GUIDELINES ARE ELIGIBLE FOR SERVICES, WITH NO PERSONAL FINANCIAL RESPONSIBILITY. FAMILIES WITH INCOMES ABOVE 300% OF THE FEDERAL POVERTY GUIDELINES RECEIVE CARE WITH PARTIAL FINANCIAL RESPONSIBILITY INCREASING AS THE FAMILY INCOME EXCEEDS THE FEDERAL POVERTY GUIDELINES. HENDRICK PROVIDES FINANCIAL COUNSELORS AND SOCIAL WORKERS TO HELP PATIENTS WITH HEALTHCARE NEEDS BY IDENTIFYING COMMUNITY RESOURCES AVAILABLE AND BY ASSISTING THEM IN THEIR EFFORTS TO IDENTIFY AND QUALIFY FOR GOVERNMENT-SPONSORED PROGRAMS. PROVIDING GOVERNMENT PROGRAMS BELOW COST: HENDRICK IS ALSO COMMITTED TO PARTICIPATING IN GOVERNMENT FUNDED PROGRAMS SUCH AS MEDICARE, MEDICAID, TRICARE, COUNTY INDIGENCY, ETC. THE COST OF SERVICES OFTEN EXCEEDS THE REIMBURSEMENT PROVIDED BY THESE PROGRAMS.

    Expenses $101,279,474 · Grants $5,187 · Revenue $129,380,648

As filed on the 2023 return.

Listed in Part VII

  • Joe Melson

    CHAIR

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Larry Smith

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Leigh Black

    2ND VICE CHAIR

    Total calculated
    $0
    Hours/week
    2 + 4 related

  • Paul Waldrop

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 4 related

  • Randy Lloyd

    1ST VICE CHAIR

    Total calculated
    $0
    Hours/week
    2 + 4 related

  • Brad Holland

    PRESIDENT/CEO

    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

  • Brian Bessent

    VP/CHIEF STRATEGY & EXP.

    Total calculated
    $477,413
    From this org
    $0
    From related orgs
    $409,187
    Other
    $68,226
    Hours/week
    2 + 44 related

    Schedule J breakdown matched by us

    Base
    $0 + $274,576 related
    Bonus
    $0 + $110,756 related
    Other
    $0 + $23,855 related
    Deferred
    $0 + $27,113 related
    Nontaxable benefits
    $0 + $41,113 related
    Filer's total
    $0 + $477,413 related

  • Erich Wallschlaeger

    Chief Financial Officer

    Total calculated
    $422,839
    From this org
    $383,724
    From related orgs
    $0
    Other
    $39,115
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $268,886
    Bonus
    $89,057
    Other
    $25,781
    Deferred
    $26,784
    Nontaxable benefits
    $12,331
    Filer's total
    $422,839

  • Heather Ray

    CHIEF NURSING OFFICER

    Total calculated
    $295,297
    From this org
    $0
    From related orgs
    $281,739
    Other
    $13,558
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $207,218 related
    Bonus
    $0 + $62,434 related
    Other
    $0 + $12,087 related
    Deferred
    $0 + $12,886 related
    Nontaxable benefits
    $0 + $672 related
    Filer's total
    $0 + $295,297 related

  • Jeremy Walker

    VICE PRESIDENT

    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

  • Jessica Connell

    Chief Nursing Officer

    Total calculated
    $249,396
    From this org
    $203,066
    From related orgs
    $0
    Other
    $46,330
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $163,314
    Bonus
    $39,031
    Other
    $721
    Deferred
    $8,217
    Nontaxable benefits
    $38,113
    Filer's total
    $249,396

  • Jory Lee

    Chief Operating Officer

    Total calculated
    $238,407
    From this org
    $201,106
    From related orgs
    $0
    Other
    $37,301
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $162,489
    Bonus
    $37,919
    Other
    $698
    Deferred
    $7,983
    Nontaxable benefits
    $29,318
    Filer's total
    $238,407

  • Kirk Canada

    VICE PRESIDENT/COO

    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

  • Krista Baty

    Chief Administrative Officer

    Total calculated
    $518,569
    From this org
    $454,667
    From related orgs
    $0
    Other
    $63,902
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $301,552
    Bonus
    $123,866
    Other
    $29,249
    Deferred
    $30,322
    Nontaxable benefits
    $33,580
    Filer's total
    $518,569

  • Michael Murphy

    VICE PRESIDENT/COO

    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/CMO/CQO

    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

  • Susan Wade

    Chief Operating Officer

    Total calculated
    $486,369
    From this org
    $0
    From related orgs
    $444,186
    Other
    $42,183
    Hours/week
    2 + 44 related

    Schedule J breakdown matched by us

    Base
    $0 + $298,294 related
    Bonus
    $0 + $118,267 related
    Other
    $0 + $27,625 related
    Deferred
    $0 + $28,951 related
    Nontaxable benefits
    $0 + $13,232 related
    Filer's total
    $0 + $486,369 related

  • Donna Boatwright

    Pharmacist I

    Total calculated
    $192,685
    From this org
    $179,716
    From related orgs
    $0
    Other
    $12,969
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $179,716
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $12,969
    Filer's total
    $192,685

  • Jennifer Hinze

    NURSING SUPERVISOR, BSN

    Total calculated
    $203,541
    From this org
    $177,487
    From related orgs
    $0
    Other
    $26,054
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $172,487
    Bonus
    $5,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $26,054
    Filer's total
    $203,541

  • Judy Morgan

    NURSING SUPERVISOR, BSN

    Total calculated
    $254,176
    From this org
    $240,805
    From related orgs
    $0
    Other
    $13,371
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $235,805
    Bonus
    $5,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $13,371
    Filer's total
    $254,176

  • Neeki Cook

    Pharmacist I

    Total calculated
    $191,432
    From this org
    $161,942
    From related orgs
    $0
    Other
    $29,490
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $161,942
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $29,490
    Filer's total
    $191,432

  • Thomas Foster

    Pharmacy Manager

    Total calculated
    $196,987
    From this org
    $168,049
    From related orgs
    $0
    Other
    $28,938
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $168,049
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $28,938
    Filer's total
    $196,987

  • Ronald David Evans

    VICE PRESIDENT

    Total calculated
    $168,157
    From this org
    $0
    From related orgs
    $148,066
    Other
    $20,091
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $148,066 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $9,790 related
    Nontaxable benefits
    $0 + $10,301 related
    Filer's total
    $0 + $168,157 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

  • 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 --------------------------------------------------------------------------------------- SUSAN WADE | 27,625 | 28,951 | HMC JEREMY WALKER | 40,287 | 44,735 | HMC BRIAN BESSENT | 23,855 | 27,113 | HMC BRAD HOLLAND | 147,735 | 173,855 | HMC HEATHER RAY | 12,087 | 12,886 | HMC KIRK CANADA | 16,265 | 23,304 | HMC RONALD DAVID EVANS | NONE | 9,790 | HMC ROB WILEY | 43,525 | 46,775 | HMC KRISTA BATY | 29,249 | 30,322 | HMCB JORY LEE | 698 | 7,983 | HMCB ERICH WALLSCHLAEGER | 25,781 | 26,784 | HMCB JESSICA CONNELL | 721 | 8,217 | HMCB RONALD EVANS | NONE | 9,790 | 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.

Related partnerships

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

  • TEXAS MIDWEST SURGERY CENTER

    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
15 July 2025
IRS schema version
2023v6.0
Source object
202521969349300247

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