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Nonprofiteer
← UTMB HEALTH PLANS INC

Form 990 for tax year 2022

Filed by UTMB HEALTH PLANS INC.

Totals

Total revenue
$446,879
Total expenses
$321,250
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$256,515
Investment income
$190,364
Other revenue
$0
Total assets, end of year
$6,652,615
Total liabilities, end of year
$60,078
Net assets or fund balances, end of year
$6,592,537
Program services expenses (Part IX)
$274,515
Management and general expenses
$46,735
Fundraising expenses
$0
Program service expenses (Part III)
$274,515

Program services were 85.5% 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.

  • 2a · Program service revenue: MANAGED CARE

    total $256,515 · related or exempt $256,515

  • 3 · Investment income

    total $190,364 · excluded $190,364

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $11,531 · management and general $11,531

  • 7 · Other salaries and wages

    total $109,398 · program services $74,308 · management and general $35,090

  • 9 · Other employee benefits

    total $4 · management and general $4

  • 11b · Fees: legal

    total $6 · management and general $6

  • 11c · Fees: accounting

    total $8,963 · program services $8,950 · management and general $13

  • 11g · Fees: other

    total $158,495 · program services $158,488 · management and general $7

  • 12 · Advertising and promotion

    total $4 · management and general $4

  • 13 · Office expenses

    total $4,788 · program services $4,773 · management and general $15

  • 14 · Information technology

    total $2 · management and general $2

  • 16 · Occupancy

    total $4 · management and general $4

  • 20 · Interest

    total $12 · program services $12

  • 23 · Insurance

    total $23,467 · program services $23,408 · management and general $59

  • 24a · Other expenses: PREMIUM TAX AND FEES

    total $3,076 · program services $3,076

  • 24b · Other expenses: PUBLICATIONS

    total $1,500 · program services $1,500

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $96,977 · end of year $55,809

  • 2 · Savings and temporary cash investments

    beginning of year $6,348,271 · end of year $6,568,519

  • 4 · Accounts receivable

    beginning of year $16,595 · end of year $17,658

  • 9 · Prepaid expenses and deferred charges

    beginning of year $10,572 · end of year $10,629

  • 17 · Accounts payable and accrued expenses

    beginning of year $62,623 · end of year $44,610

  • 19 · Deferred revenue

    beginning of year $9,469 · end of year $6,371

  • 25 · Other liabilities

    beginning of year $12,032 · end of year $9,097

  • 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 $6,388,291 · end of year $6,592,537

Mission and programs · 2022

Mission

SEE SCHEDULE O UTMB HEALTH PLANS, INC. WAS ESTABLISHED TO HELP THE UNIVERSITY OF TEXAS MEDICAL BRANCH AT GALVESTON FULFILL THE MISSION OF EDUCATION, RESEARCH, AND PATIENT CARE. FULFILLING THE MISSION OF PATIENT CARE INCLUDES MAINTENANCE OF A MEDICARE SELECT INSURANCE PROGRAM. MEDICARE SELECT IS A MEDICARE SUPPLEMENTAL POLICY AVAILABLE TO RESIDENTS OF GALVESTON COUNTY.

Activities or mission (Part I)

SEE SCHEDULE O UTMB HEALTH PLANS, INC. WAS ESTABLISHED TO HELP THE UNIVERSITY OF TEXAS MEDICAL BRANCH AT GALVESTON FULFILL THE MISSION OF EDUCATION, RESEARCH AND PATIENT CARE. FULFILLING THE MISSION OF PATIENT CARE INCLUDES MAINTENANCE OF A MEDICARE SELECT INSURANCE PROGRAM. MEDICARE SELECT IS A MEDICARE SUPPLEMENTAL POLICY AVAILABLE TO RESIDENTS OF GALVESTON COUNTY.

  • HMO AND MANAGED CARE CONTRACTING FOR THE UNIVERSITY OF TEXAS MEDICAL BRANCH HOSPITALS AND CLINICS AND OTHER SUCH PROVIDERS AS MAY BE NECESSARY AND APPROPRIATE TO ENABLE UTMB TO FULFILL ITS MISSION.

    Expenses $274,515 · Revenue $256,515

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

Listed in Part VII

  • CHARLES MOUTON MD

    CHAIR, SOLE MEMBER

    Total calculated
    $1,604,563
    From this org
    $0
    From related orgs
    $1,500,634
    Other
    $103,929
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,351,908 related
    Bonus
    $0 + $147,286 related
    Other
    $0 + $1,440 related
    Deferred
    $0 + $100,000 related
    Nontaxable benefits
    $0 + $3,929 related
    Filer's total
    $0 + $1,604,563 related

  • DAVID C GRUENER

    PRESIDENT AND CEO

    Total calculated
    $359,932
    From this org
    $0
    From related orgs
    $353,584
    Other
    $6,348
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $319,704 related
    Bonus
    $0 + $33,760 related
    Other
    $0 + $120 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $6,348 related
    Filer's total
    $0 + $359,932 related

  • C AARON LEMAY CPA JD MSED

    TREASURER/DIRECTOR

    Total calculated
    $481,183
    From this org
    $0
    From related orgs
    $421,432
    Other
    $59,751
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $389,102 related
    Bonus
    $0 + $31,130 related
    Other
    $0 + $1,200 related
    Deferred
    $0 + $50,000 related
    Nontaxable benefits
    $0 + $9,751 related
    Filer's total
    $0 + $481,183 related

  • REBECCA KORENEK MBA MHA

    VICE CHAIR

    Total calculated
    $954,647
    From this org
    $0
    From related orgs
    $850,921
    Other
    $103,726
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $741,211 related
    Bonus
    $0 + $108,750 related
    Other
    $0 + $960 related
    Deferred
    $0 + $100,000 related
    Nontaxable benefits
    $0 + $3,726 related
    Filer's total
    $0 + $954,647 related

  • MARIA L GONZALEZ

    SECETARY

    Total calculated
    $89,854
    From this org
    $0
    From related orgs
    $87,194
    Other
    $2,660
    Hours/week
    13 + 27 related

  • BYRON PICKERING JD MA

    DIRECTOR

    Total calculated
    $247,877
    From this org
    $0
    From related orgs
    $241,661
    Other
    $6,216
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $209,161 related
    Bonus
    $0
    Other
    $0 + $32,500 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $6,216 related
    Filer's total
    $0 + $247,877 related

  • DUSTIN J THOMAS

    FORMER PRESIDENT AND CEO

    Total calculated
    $459,684
    From this org
    $0
    From related orgs
    $405,287
    Other
    $54,397
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0 + $329,489 related
    Bonus
    $0 + $39,325 related
    Other
    $0 + $36,473 related
    Deferred
    $0 + $50,000 related
    Nontaxable benefits
    $0 + $4,397 related
    Filer's total
    $0 + $459,684 related

  • BEN RAIMER MD

    FORMER CHAIR, SOLE MEMBER

    Total calculated
    $929,788
    From this org
    $0
    From related orgs
    $927,166
    Other
    $2,622
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0 + $922,533 related
    Bonus
    $0
    Other
    $0 + $4,633 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $2,622 related
    Filer's total
    $0 + $929,788 related

  • CHERYL A SADRO

    FORMER TREASURER

    Total calculated
    $308,325
    From this org
    $0
    From related orgs
    $306,616
    Other
    $1,709
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0 + $249,498 related
    Bonus
    $0 + $56,878 related
    Other
    $0 + $240 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $1,709 related
    Filer's total
    $0 + $308,325 related

  • ANISH BHARDWAJ MD

    FORMER VICE CHAIR

    Total calculated
    $847,363
    From this org
    $0
    From related orgs
    $842,509
    Other
    $4,854
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0 + $646,836 related
    Bonus
    $0 + $195,507 related
    Other
    $0 + $167 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $4,854 related
    Filer's total
    $0 + $847,364 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

  • 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)

PART I, LINE 3
THE CEO RECEIVES NO COMPENSATION FROM UTMB HEALTH PLANS, INC. HE IS COMPENSATED BY THE UNIVERSITY OF TEXAS MEDICAL BRANCH AT GALVESTON. THE UNIVERSITY OF TEXAS MEDICAL BRANCH AT GALVESTON USES LABOR MARKET SURVEY INFORMATION TO ESTABLISH THE COMPENSATION OF THE CEO.
PART I, LINE 4 - SEVERANCE, NONQUALIFIED AND EQUITY-BASED PAYMENTS
SEVERANCE NONQUALIFIED EQUITY-BASED CHARLES MOUTON, MD 0 100,000 0 C. AARON LEMAY 0 50,000 0 REBECCA B. KORENEK 0 100,000 0 DUSTIN THOMAS 0 50,000 0

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 corporations and trusts

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

Provenance

Return type
form_990
Tax year
2022
Filed
1 July 2024
IRS schema version
2022v5.0
Source object
202421839349301137

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