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Nonprofiteer
← TEXAS CHILDRENS HOSPITAL

Form 990 for tax year 2022

Filed by TEXAS CHILDRENS HOSPITAL.

Totals

Total revenue
$3,828,011,089
Total expenses
$3,644,874,281
Contributions and grants received
$99,755,472
Grants paid
$9,631,289
Program service revenue
$3,686,740,831
Investment income
$21,579,451
Other revenue
$19,935,335
Total assets, end of year
$7,309,906,948
Total liabilities, end of year
$2,047,539,768
Net assets or fund balances, end of year
$5,262,367,180
Program services expenses (Part IX)
$3,486,531,959
Management and general expenses
$135,475,929
Fundraising expenses
$22,866,393
Program service expenses (Part III)
$3,486,531,959

Program services were 95.7% 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.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $1,267,668

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $15,771,532

  • 1f · All other contributions, gifts and grants

    $82,716,272

  • 1g · Noncash contributions included above

    $2,253,542

  • 2a · Program service revenue: NET PATIENT SERVICE REVENUE

    total $2,850,442,226 · related or exempt $2,850,442,226 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: MEDICAID & SUPPLEMENTAL REIMBURSEMENTS

    total $453,224,141 · related or exempt $453,224,141 · unrelated business $0 · excluded $0

  • 2c · Program service revenue: PHARMACY REVENUE

    total $229,364,897 · related or exempt $229,364,897 · unrelated business $0 · excluded $0

  • 2d · Program service revenue: MANAGEMENT SERVICES

    total $34,018,917 · related or exempt $34,018,917 · unrelated business $0 · excluded $0

  • 2e · Program service revenue: RENTAL INCOME

    total $14,505,086 · related or exempt $14,505,086 · unrelated business $0 · excluded $0

  • 2f · All other program service revenue

    total $105,185,564 · related or exempt $105,185,564 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $21,636,633 · related or exempt $0 · unrelated business $0 · excluded $21,636,633

  • 4 · Income from investment of tax-exempt bond proceeds

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

  • 5 · Royalties

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

  • 6a · Gross rents

    real property $269,521 · personal property $0

  • 6b · Less rental expenses

    real property $78,586 · personal property $0

  • 6c · Rental income or loss

    real property $190,935 · personal property $0

  • 6d · Net rental income or loss

    total $190,935 · related or exempt $0 · unrelated business $0 · excluded $190,935

  • 7a · Gross sales of assets other than inventory

    securities $27,182,670 · other assets $120,973

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

    securities $26,488,691 · other assets $872,134

  • 7c · Gain or loss

    securities $693,979 · other assets -$751,161

  • 7d · Net gain or loss

    total -$57,182 · related or exempt $0 · unrelated business $0 · excluded -$57,182

  • 8a · Fundraising events: gross income

    $172,090

  • 8a · Fundraising events: contributions included on line 1c

    $1,267,668

  • 8b · Fundraising events: direct expenses

    $673,089

  • 8c · Net income from fundraising events

    total -$500,999 · unrelated business $0 · excluded -$500,999

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

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

  • 10a · Gross sales of inventory

    $2,356,103

  • 10b · Cost of goods sold

    $1,963,512

  • 10c · Net income from sales of inventory

    total $392,591 · related or exempt $0 · unrelated business $0 · excluded $392,591

  • 11a · Other revenue: PARKING GARAGE REVENUE

    total $17,421,966 · related or exempt $17,421,966 · unrelated business $0 · excluded $0

  • 11b · Other revenue

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

  • 11c · Other revenue

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

  • 11d · All other revenue

    total $2,430,842 · related or exempt $2,430,842 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $19,852,808

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $9,331,289 · program services $9,331,289

  • 2 · Grants to domestic individuals

    total $300,000 · program services $300,000

  • 5 · Compensation of officers, directors and key employees

    total $51,408,310 · program services $51,408,310

  • 7 · Other salaries and wages

    total $1,153,714,702 · program services $1,078,221,637 · management and general $66,433,639 · fundraising $9,059,426

  • 8 · Pension plan contributions

    total $43,488,630 · program services $41,771,683 · management and general $1,349,142 · fundraising $367,805

  • 9 · Other employee benefits

    total $154,114,803 · program services $143,640,351 · management and general $8,874,133 · fundraising $1,600,319

  • 10 · Payroll taxes

    total $86,416,425 · program services $80,333,296 · management and general $5,402,691 · fundraising $680,438

  • 11b · Fees: legal

    total $3,676,113 · program services $175,005 · management and general $3,500,527 · fundraising $581

  • 11c · Fees: accounting

    total $590,953 · program services $120,667 · management and general $469,249 · fundraising $1,037

  • 11d · Fees: lobbying

    total $630,801 · management and general $630,801

  • 11e · Fees: professional fundraising services

    total $1,997,823 · fundraising $1,997,823

  • 11g · Fees: other

    total $679,829,017 · program services $661,759,043 · management and general $15,198,825 · fundraising $2,871,149

  • 12 · Advertising and promotion

    total $26,825,587 · program services $25,874,810 · management and general $737,560 · fundraising $213,217

  • 13 · Office expenses

    total $76,187,255 · program services $71,757,666 · management and general $4,273,164 · fundraising $156,425

  • 14 · Information technology

    total $107,072,288 · program services $100,970,416 · management and general $5,242,242 · fundraising $859,630

  • 16 · Occupancy

    total $80,222,202 · program services $77,804,802 · management and general $2,137,701 · fundraising $279,699

  • 17 · Travel

    total $4,406,642 · program services $3,912,818 · management and general $264,311 · fundraising $229,513

  • 19 · Conferences, conventions and meetings

    total $4,825,657 · program services $2,688,229 · management and general $261,459 · fundraising $1,875,969

  • 20 · Interest

    total $30,118,293 · program services $29,298,548 · management and general $629,544 · fundraising $190,201

  • 22 · Depreciation, depletion and amortization

    total $153,033,547 · program services $151,616,313 · management and general $980,739 · fundraising $436,495

  • 23 · Insurance

    total $10,760,807 · program services $695,124 · management and general $10,060,276 · fundraising $5,407

  • 24a · Other expenses: ENHANCED MISSION SUPPORT

    total $413,507,593 · program services $413,507,593

  • 24b · Other expenses: PHARMACEUTICAL SUPPLIES

    total $281,492,857 · program services $281,492,857

  • 24c · Other expenses: MEDICAL AND SURGICAL SUPPLIES

    total $184,756,080 · program services $184,756,080

  • 24d · Other expenses: RECRUITING

    total $16,528,928 · program services $12,886,298 · management and general $3,416,348 · fundraising $226,282

  • 24e · All other expenses

    total $69,637,679 · program services $62,209,124 · management and general $5,613,578 · fundraising $1,814,977

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $12,215,827 · end of year $14,833,290

  • 2 · Savings and temporary cash investments

    beginning of year $0 · end of year $1,965,203

  • 3 · Pledges and grants receivable

    beginning of year $120,757,779 · end of year $123,996,786

  • 4 · Accounts receivable

    beginning of year $662,812,637 · end of year $617,802,937

  • 5 · Loans and receivables from officers and key people

    beginning of year $2,642,538 · end of year $2,666,780

  • 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 $39,858,046 · end of year $35,312,543

  • 9 · Prepaid expenses and deferred charges

    beginning of year $220,654,022 · end of year $241,574,720

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

    $4,317,602,912

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

    $1,979,650,397

  • 10c · Land, buildings and equipment, net

    beginning of year $2,196,278,203 · end of year $2,337,952,515

  • 11 · Investments: publicly traded securities

    beginning of year $537,148,815 · end of year $474,349,465

  • 12 · Investments: other securities

    beginning of year $18,403 · end of year $18,403

  • 13 · Investments: program-related

    beginning of year $230,312,524 · end of year $240,507,397

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $2,739,374,368 · end of year $3,218,926,909

  • 17 · Accounts payable and accrued expenses

    beginning of year $578,015,245 · end of year $613,022,076

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $65,849,699 · end of year $66,916,919

  • 20 · Tax-exempt bond liabilities

    beginning of year $953,406,476 · end of year $1,079,911,748

  • 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 $599,187 · end of year $476,048

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $393,273,114 · end of year $287,212,977

  • 27 · Net assets without donor restrictions

    beginning of year $4,357,629,020 · end of year $4,809,989,578

  • 28 · Net assets with donor restrictions

    beginning of year $413,300,421 · end of year $452,377,602

  • 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 · 2022

Mission

TEXAS CHILDREN'S HOSPITAL, HEADQUARTERED IN HOUSTON, TEXAS, IS A NOT-FOR-PROFIT ORGANIZATION WHOSE MISSION IS TO CREATE A HEALTHIER FUTURE FOR CHILDREN AND WOMEN THROUGHOUT OUR GLOBAL COMMUNITY BY LEADING IN PATIENT CARE, EDUCATION AND RESEARCH. WE ARE PROUD TO BE CONSISTENTLY RANKED AMONG THE TOP CHILDREN'S HOSPITALS IN THE NATION.

Activities or mission (Part I)

TO CREATE A HEALTHIER FUTURE FOR CHILDREN AND WOMEN THROUGHOUT OUR GLOBAL COMMUNITY BY LEADING IN PATIENT CARE, EDUCATION AND RESEARCH.

  • PATIENT CARE: TEXAS CHILDREN'S HOSPITAL IS AN INTERNATIONALLY RECOGNIZED CHILDREN'S HOSPITAL AND IS CONSISTENTLY RANKED AS THE BEST CHILDREN'S HOSPITAL IN TEXAS AND AMONG THE TOP IN THE NATION. TEXAS CHILDREN'S HOSPITAL OPERATES THREE CAMPUSES IN THE HOUSTON AREA: MAIN CAMPUS LOCATED IN THE TEXAS MEDICAL CENTER; WEST CAMPUS LOCATED IN WEST HOUSTON; WOODLANDS CAMPUS LOCATED NORTH OF HOUSTON. THE MAIN CAMPUS IS THE LARGEST AND ALSO INCLUDES THE JAN AND DAN DUNCAN NEUROLOGICAL RESEARCH INSTITUTE, FEIGIN TOWER CENTER FOR PEDIATRIC RESEARCH, AND THE TEXAS CHILDREN'S PAVILION FOR WOMEN. DURING THE YEAR, THE HOSPITAL SYSTEM OPERATED 905 INPATIENT BEDS, MORE THAN 130 AMBULATORY SPECIALTY CLINICS, AND EXCEEDED 1,872,200 OUTPATIENT CLINIC VISITS. THE HOSPITAL IS SUPPORTED BY AN AWARD-WINNING MEDICAL STAFF CONSISTING OF MORE THAN 890 BOARD-CERTIFIED PEDIATRIC PHYSICIANS, OBSTETRICIANS AND GYNECOLOGISTS, ADULT SUBSPECIALISTS, AND DENTISTS, AS WELL AS MORE THAN 12,100 DEDICATED AND HIGLY SKILLED NURSING AND SUPPORT STAFF. TEXAS CHILDREN'S PAVILION FOR WOMEN OFFERS A FULL SPECTRUM OF GYNECOLOGICAL AND MATERNAL AND FETAL MEDICINE SERVICES, INCLUDING AN ARRAY OF FETAL DIAGNOSTIC PROCEDURES AND HIGHLY SPECIALIZED FETAL SURGERIES, THREE PRIVATE OB/GYN PRACTICES, THE FAMILY FERTILITY CENTER, THE MENOPAUSE CENTER AND THE WOMEN'S PLACE - CENTER FOR REPRODUCTIVE PSYCHIATRY. THE PAVILION HOUSES A LEVEL II AND LEVEL III NEONATAL INTENSIVE CARE UNIT ("NICU"), AND LOCATED IN THE WEST TOWER OF THE HOSPITAL IS A LEVEL IV NICU, THE HIGHEST LEVEL OF CARE AVAILABLE FOR NEWBORNS. DURING THE YEAR, THE PAVLION PERFORMED APPROXIMATELY 6,539 DELIVERIES AND OPENED THE PAVILION FOR WOMEN TOWER II IN AUGUST 2023. THE PAVILION TOWER II WILL PROVIDE MORE SPACE FOR DELIVERY ROOMS AND SPECIALIZED CLINICS THAT CATER TO WOMEN AT EVERY STAGE OF LIFE. TEXAS CHILDREN'S HOSPITAL IS AFFILIATED WITH BAYLOR COLLEGE OF MEDICINE AND SERVES AS THEIR PRIMARY PEDIATRIC TRAINING SITE. THE HOSPITAL IS STAFFED PRIMARILY BY BAYLOR COLLEGE OF MEDICINE PHYSICIANS, AND COLLABORATES WITH BAYLOR PHYSICIANS AND RESEARCHERS ACROSS HUNDREDS OF PROJECTS TO CONTINUALLY IMPROVE TREATMENTS AND OUTCOMES FOR CHILDREN.

    Expenses $3,291,110,955 · Grants $9,091,452 · Revenue $3,645,086,492

  • RESEARCH: TEXAS CHILDREN'S/BAYLOR RESEARCHERS AT THE FEIGIN CENTER, THE JAN AND DAN DUNCAN NEUROLOGICAL RESEARCH INSTITUTE AND THE CHILDREN'S NUTRITION RESEARCH CENTER ARE CONDUCTING SOME OF THE MOST INNOVATIVE ONGOING RESEARCH IN A VARIETY OF AREAS FROM PEDIATRIC CARDIOLOGY TO INFECTIOUS DISEASES, NUTRITION, VACCINES AND PEDIATRIC NEUROLOGY AND NEUROGENETICS. DURING 2023, TEXAS CHILDREN'S INVESTED MORE THAN $137 MILLION IN OVER 1,700 CLINICAL, BASIC AND TRANSLATIONAL RESEARCH PROJECTS, EXPLORING A WIDE RANGE OF CHILDREN'S AND WOMEN'S HEALTH ISSUES. IN ADDITION, THE HOSPITAL CONTINUED ITS STRATEGIC FOCUS ON THE GROWTH AND SUCCESS OF ALL TEXAS CHILDREN'S RESEARCH ENDEAVORS THROUGH ENHANCED INFRASTRUCTURE, SUCH AS THE EXPANSION OF THE JAN AND DAN DUNCAN NEUROLOGICAL RESEARCH INSTITUTE WHERE INVESTIGATORS CAN ACCESS CUTTING EDGE IMAGING MODALITIES, SUCH AS TWO-PHOTON MICROSCOPY, AND STATE-OF-THE-ART NEUROPHYSIOLOGY AND BEHAVIORAL SCIENCE CORE RESOURCES.

    Expenses $137,313,157 · Grants $379,318 · Revenue $47,930,690

  • EDUCATION: THE HOSPITAL SERVES AS THE PRIMARY PEDIATRIC TEACHING FACILITY FOR BAYLOR COLLEGE OF MEDICINE (THEIR LONG-TERM ACADEMIC PARTNER). IN ADDITION, THE TEXAS CHILDREN'S PAVILION FOR WOMEN IS ONE OF THE PREMIER PRIVATE TRAINING HOSPITALS FOR BAYLOR COLLEGE OF MEDICINE'S DEPARTMENT OF OBSTECTRICS AND GYNECOLOGY. THE CLOSE AFFILIATION BETWEEN THE INSTITUTIONS EXTENDS THROUGH TEXAS CHILDREN'S OPERATIONS, BAYLOR FACULTY INCLUDING SERVICE CHIEFS, MEDICAL DIRECTORS AND STAFF PHYSICIANS ACROSS THE HOSPITAL'S 54 SUB-SPECIALTY CARE OFFERINGS. DURING THE FISCAL YEAR ENDED SEPTEMBER 30, 2023, THE HOSPITAL INVESTED MORE THAN $52 MILLION IN THE TRAINING OF OVER 1,200 TRAINEES IN APPROXIMATELY 80 TRAINING PROGRAMS ROTATING AT TEXAS CHILDREN'S. BAYLOR AND TEXAS CHILDREN'S HAVE A PROVEN TRACK RECORD RECRUITING TRANSFORMATIVE PHYSICIAN-SCIENTISTS AND ONE OF THE STRONGEST PEDIATRIC RESIDENCY PROGRAMS IN THE COUNTRY. BAYLOR'S PEDIATRIC RESIDENCY PROGRAM IS THE LARGEST TRAINING GROUND FOR PEDIATRICS AND ONE OF THE MOST COMPETITIVE IN THE COUNTRY.

    Expenses $58,107,847 · Grants $160,519 · Revenue $13,576,457

As filed on the 2022 return.

Listed in Part VII

  • Mark A Wallace

    BOARD MEMBER / CHAIR / PRESIDENT / CEO

    Total calculated
    $7,669,922
    From this org
    $6,159,574
    From related orgs
    $0
    Other
    $1,510,348
    Hours/week
    36 + 4 related

    Schedule J breakdown matched by us

    Base
    $2,474,348
    Bonus
    $3,032,800
    Other
    $652,426
    Deferred
    $1,476,652
    Nontaxable benefits
    $33,696
    Filer's total
    $7,669,922

  • Daniel R Diprisco

    BOARD MEMBER / EXECUTIVE VICE PRESIDENT

    Total calculated
    $1,723,678
    From this org
    $1,415,226
    From related orgs
    $0
    Other
    $308,452
    Hours/week
    36 + 4 related

    Schedule J breakdown matched by us

    Base
    $651,466
    Bonus
    $660,600
    Other
    $103,160
    Deferred
    $282,615
    Nontaxable benefits
    $25,837
    Filer's total
    $1,723,678

  • Dean B Andropoulos MD

    BOARD MEMBER / PHYSICIAN / IN-CHIEF

    Total calculated
    $825,776
    From this org
    $825,776
    From related orgs
    $0
    Other
    $0
    Hours/week
    38 + 2 related

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $127,400
    Other
    $698,376
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $825,776

  • Jacqueline R Ward

    BOARD MEMBER / SENIOR VICE PRESIDENT / CHIEF NURSING OFFICER

    Total calculated
    $915,783
    From this org
    $703,440
    From related orgs
    $0
    Other
    $212,343
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $498,514
    Bonus
    $119,700
    Other
    $85,226
    Deferred
    $185,529
    Nontaxable benefits
    $26,814
    Filer's total
    $915,783

  • James Versalovic MD PhD

    BOARD MEMBER / PHYSICIAN / IN-CHIEF

    Total calculated
    $1,410,515
    From this org
    $1,410,515
    From related orgs
    $0
    Other
    $0
    Hours/week
    37 + 3 related

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $155,700
    Other
    $1,254,815
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $1,410,515

  • Jeffrey S Shilt MD

    BOARD MEMBER / PHYSICIAN / IN-CHIEF

    Total calculated
    $155,700
    From this org
    $155,700
    From related orgs
    $0
    Other
    $0
    Hours/week
    37 + 3 related

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $155,700
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $155,700

  • Lara S Shekerdemian MD

    BOARD MEMBER / PHYSICIAN / IN-CHIEF

    Total calculated
    $280,500
    From this org
    $180,500
    From related orgs
    $0
    Other
    $100,000
    Hours/week
    37 + 3 related

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $180,500
    Other
    $0
    Deferred
    $100,000
    Nontaxable benefits
    $0
    Filer's total
    $280,500

  • Larry Hollier MD

    BOARD MEMBER / PHYSICIAN / IN-CHIEF

    Total calculated
    $212,300
    From this org
    $212,300
    From related orgs
    $0
    Other
    $0
    Hours/week
    38 + 2 related

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $212,300
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $212,300

  • Mark W Mullarkey

    BOARD MEMBER & EXECUTIVE VICE PRESIDENT THROUGH 2/24/23

    Total calculated
    $2,252,417
    From this org
    $1,860,899
    From related orgs
    $0
    Other
    $391,518
    Hours/week
    28 + 12 related

    Schedule J breakdown matched by us

    Base
    $809,749
    Bonus
    $808,000
    Other
    $243,150
    Deferred
    $347,542
    Nontaxable benefits
    $43,976
    Filer's total
    $2,252,417

  • Matthew T Girotto

    BOARD MEMBER AS OF 4/1/23 / SENIOR VICE PRESIDENT ALL YEAR

    Total calculated
    $1,271,597
    From this org
    $1,078,616
    From related orgs
    $0
    Other
    $192,981
    Hours/week
    38 + 2 related

    Schedule J breakdown matched by us

    Base
    $389,349
    Bonus
    $560,234
    Other
    $129,033
    Deferred
    $149,297
    Nontaxable benefits
    $43,684
    Filer's total
    $1,271,597

  • Michael A Belfort MD PhD

    BOARD MEMBER / PHYSICIAN / IN-CHIEF

    Total calculated
    $1,086,000
    From this org
    $1,086,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    37 + 3 related

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $155,700
    Other
    $930,300
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $1,086,000

  • Michelle M Riley-Brown

    BOARD MEMBER THROUGH 3/31/23 / EXECUTIVE VICE PRESIDENT THROUGH 4/15/23

    Total calculated
    $2,241,677
    From this org
    $1,820,170
    From related orgs
    $0
    Other
    $421,507
    Hours/week
    35 + 5 related

    Schedule J breakdown matched by us

    Base
    $862,094
    Bonus
    $866,350
    Other
    $91,726
    Deferred
    $370,278
    Nontaxable benefits
    $51,229
    Filer's total
    $2,241,677

  • Tabitha L Rice

    BOARD MEMBER / EXECUTIVE VICE PRESIDENT

    Total calculated
    $1,944,711
    From this org
    $1,632,963
    From related orgs
    $0
    Other
    $311,748
    Hours/week
    37 + 3 related

    Schedule J breakdown matched by us

    Base
    $646,082
    Bonus
    $895,326
    Other
    $91,555
    Deferred
    $260,753
    Nontaxable benefits
    $50,995
    Filer's total
    $1,944,711

  • Thierry Agm Huisman MD

    BOARD MEMBER / PHYSICIAN / IN-CHIEF

    Total calculated
    $2,176,341
    From this org
    $0
    From related orgs
    $2,109,351
    Other
    $66,990
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $865,869 related
    Bonus
    $0 + $1,216,900 related
    Other
    $0 + $26,582 related
    Deferred
    $0 + $23,081 related
    Nontaxable benefits
    $0 + $43,909 related
    Filer's total
    $0 + $2,176,341 related

  • Weldon W Gage

    BOARD MEMBER / EXECUTIVE VICE PRESIDENT / CHIEF FINANCIAL OFFICER

    Total calculated
    $2,746,652
    From this org
    $2,265,469
    From related orgs
    $0
    Other
    $481,183
    Hours/week
    38 + 2 related

    Schedule J breakdown matched by us

    Base
    $1,049,839
    Bonus
    $1,006,450
    Other
    $209,180
    Deferred
    $449,648
    Nontaxable benefits
    $31,535
    Filer's total
    $2,746,652

  • Aisha Jamal

    BOARD SECRETARY AS OF 3/9/23 / VICE PRESIDENT ALL YEAR

    Total calculated
    $524,776
    From this org
    $399,578
    From related orgs
    $0
    Other
    $125,198
    Hours/week
    33 + 7 related

    Schedule J breakdown matched by us

    Base
    $312,836
    Bonus
    $64,100
    Other
    $22,642
    Deferred
    $106,973
    Nontaxable benefits
    $18,225
    Filer's total
    $524,776

  • Lance A Lightfoot

    BOARD SECRETARY THROUGH 3/8/23 / SENIOR VICE PRESIDENT ALL YEAR

    Total calculated
    $1,964,896
    From this org
    $1,653,642
    From related orgs
    $0
    Other
    $311,254
    Hours/week
    31 + 9 related

    Schedule J breakdown matched by us

    Base
    $753,414
    Bonus
    $737,560
    Other
    $162,668
    Deferred
    $275,313
    Nontaxable benefits
    $35,941
    Filer's total
    $1,964,896

  • Ivett T Shah

    SENIOR VICE PRESIDENT THROUGH 09/27/22

    Total calculated
    $754,958
    From this org
    $719,282
    From related orgs
    $0
    Other
    $35,676
    Hours/week
    39 + 1 related

    Schedule J breakdown matched by us

    Base
    $326,450
    Bonus
    $0
    Other
    $392,832
    Deferred
    $27,754
    Nontaxable benefits
    $7,922
    Filer's total
    $754,958

  • Keith C Nelson

    SENIOR VICE PRESIDENT / CHIEF INVESTMENT OFFICER

    Total calculated
    $1,953,401
    From this org
    $1,681,715
    From related orgs
    $0
    Other
    $271,686
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $670,795
    Bonus
    $985,800
    Other
    $25,120
    Deferred
    $228,769
    Nontaxable benefits
    $42,917
    Filer's total
    $1,953,401

  • Linda W Aldred

    SENIOR VICE PRESIDENT & CHIEF HUMAN RESOURCES OFFICER

    Total calculated
    $2,218,628
    From this org
    $2,042,706
    From related orgs
    $0
    Other
    $175,922
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $775,104
    Bonus
    $1,088,926
    Other
    $178,676
    Deferred
    $150,246
    Nontaxable benefits
    $25,676
    Filer's total
    $2,218,628

  • Myra L Davis

    SENIOR VICE PRESIDENT / CHIEF INFORMATION & INNOVATION OFFICER

    Total calculated
    $2,436,027
    From this org
    $2,109,960
    From related orgs
    $0
    Other
    $326,067
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $800,604
    Bonus
    $1,209,710
    Other
    $99,646
    Deferred
    $292,035
    Nontaxable benefits
    $34,032
    Filer's total
    $2,436,027

  • Stanley W Spinner MD

    VICE PRESIDENT / CHIEF MEDICAL OFFICER / PHYSICIAN

    Total calculated
    $829,193
    From this org
    $675,162
    From related orgs
    $0
    Other
    $154,031
    Hours/week
    38 + 2 related

    Schedule J breakdown matched by us

    Base
    $469,388
    Bonus
    $91,500
    Other
    $114,274
    Deferred
    $115,125
    Nontaxable benefits
    $38,906
    Filer's total
    $829,193

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 · First-class or charter travel
  • 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
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 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 1a First-class or charter travel
DR. LARRY HOLLIER TRAVELED FIRST CLASS ON THE DOMESTIC PORTION OF ONE BUSINESS TRIP. THE AMOUNT WAS NOT REPORTED AS TAXABLE COMPENSATION.
Schedule J, Part I, Line 4a Severance or change-of-control payment
DURING CALENDAR YEAR 2022, THE ORGANIZATION MADE A SEVERANCE PAYMENT TO IVETT T. SHAH IN THE AMOUNT OF $105,577 THAT WAS TREATED AS TAXABLE AND IS INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(III).
Schedule J, Part I, Line 4b 457(F) PLANS
457(F) PLANS: PAID/DEFERRED AISHA JAMAL 0 / 30,000 DANIEL R. DIPRISCO 79,145 / 118,000 IVETT T. SHAH 260,869 / 0 JACQUELINE R. WARD 53,767 / 74,500 KEITH C. NELSON 0 / 109,500 LANCE A. LIGHTFOOT 132,705 / 125,500 LINDA W. ALDRED 129,500 / 0 MARK A. WALLACE 519,500 / 0 MARK W. MULLARKEY 232,730 / 151,000 MATTHEW T. GIROTTO 103,503 / 54,500 MICHELLE M. RILEY-BROWN 80,768 / 162,000 MYRA L. DAVIS 63,932 / 135,500 STANLEY W. SPINNER 69,500 / 0 TABITHA L. RICE 85,309 / 87,500 THIERRY A.G.M. HUISMAN 0 / 4,575 WELDON W. GAGE 179,497 / 206,000 457(F): THE 457(F) PLANS ARE NON-QUALIFIED DEFERRED COMPENSATION PLANS THAT ALLOW EXECUTIVES AND ELIGIBLE PHYSICIANS TO RECEIVE SUPPLEMENTAL RETIREMENT INCOME. FUNDS MAY BE CREDITED INTO THIS ACCOUNT FROM AN EMPLOYER CONTRIBUTION, CALCULATED BASED ON AN INDIVIDUAL'S TITLE AND BASE SALARY AS OF JANUARY 1. THESE EMPLOYER FUNDED CONTRIBUTIONS VEST AFTER THE EARLIER OF 5 YEARS IN THE PLAN, THE ATTAINMENT OF AGE 60 WITH 75 POINTS DETERMINED AS THE SUM OF AGE AND YEARS OF SERVICE, OR AT AGE 65. THE 475(F) PLAN ALSO CONTAINS RESIDUAL CAPITAL APPRECIATION CONTRIBUTIONS FROM A FLEXIBLE BENEFIT ACCOUNT SURPLUS. THESE CONTRIBUTIONS VEST AFTER A MINIMUM OF 5 YEARS IN THE PLAN.
Schedule J, Part I, Line 4b SPLIT-DOLLAR LIFE INSURANCE PLAN
Certain individuals listed at Form 990, Part VII have split-dollar life insurance policies. The premiums were paid by Texas Children's prior to calendar year 2022 and will be recovered partially or fully when the policy is terminated or transferred to the executive. Participants include the following executives: LANCE A. LIGHTFOOT, LINDA W. ALDRED, MARK A. WALLACE, MARK W. MULLARKEY, MATTHEW T. GIROTTO, MICHELLE M. RILEY-BROWN, AND TABITHA L. RICE.

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.

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 corporations and trusts

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

  • TCH INSURANCE COMPANY LTD

    C Corporation · INSURANCE · CJ

    Directly controlled by NA

  • CVI GVF HOLDINGS 3 LTD

    C Corporation · INVESTMENT · CJ

    Directly controlled by NA

Provenance

Return type
form_990
Tax year
2022
Filed
14 August 2024
IRS schema version
2022v5.0
Source object
202422279349302592

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

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