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Nonprofiteer
← METHODIST HOSPITAL

Form 990 for tax year 2023

Filed by METHODIST HOSPITAL.

Totals

Total revenue
$97,166,628
Total expenses
$50,038,745
Contributions and grants received
$72,489,810
Grants paid
$34,473,381
Program services expenses (Part IX)
$34,473,381
Management and general expenses
$1,799,589
Fundraising expenses
$13,765,775
Program service expenses (Part III)
$34,473,381

Program services were 68.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • ELIZABETH BLANTON WAREING

    DIRECTOR, VICE CHAIRPERSON

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • EMILY A CROSSWELL

    DIRECTOR, SECRETARY

    Total calculated
    $0
    Hours/week
    2 + 4 related

  • JOHN W JOHNSON

    DIRECTOR, CHAIRPERSON

    Total calculated
    $0
    Hours/week
    2

  • SUSAN H COULTER

    DIRECTOR, PRESIDENT/CEO

    Total calculated
    $1,351,037
    From this org
    $0
    From related orgs
    $1,199,861
    Other
    $151,176
    Hours/week
    25 + 25 related

    Schedule J breakdown matched by us

    Base
    $0 + $630,723 related
    Bonus
    $0 + $337,723 related
    Other
    $0 + $231,415 related
    Deferred
    $0 + $128,586 related
    Nontaxable benefits
    $0 + $22,590 related
    Filer's total
    $0 + $1,351,037 related

  • EWING WERLEIN JR

    DIRECTOR, SENIOR CHAIRPERSON

    Total calculated
    $0
    Hours/week
    2 + 8 related

  • CHARLES CARLOS DUNCAN III

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • DAVID M UNDERWOOD JR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 4 related

  • DOROTHY ABLES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • GERALD SMITH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • GREGORY V NELSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 10 related

  • JAMES V JIM WALZEL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • JOHN F BOOKOUT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 6 related

  • JOSEPH C RUSTY WALTER III

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 4 related

  • MARC L BOOM MD

    DIRECTOR

    Total calculated
    $7,139,634
    From this org
    $0
    From related orgs
    $6,164,141
    Other
    $975,493
    Hours/week
    2 + 48 related

    Schedule J breakdown matched by us

    Base
    $0 + $2,328,110 related
    Bonus
    $0 + $2,536,092 related
    Other
    $0 + $1,299,939 related
    Deferred
    $0 + $892,172 related
    Nontaxable benefits
    $0 + $83,321 related
    Filer's total
    $0 + $7,139,634 related

  • MARCUS WATTS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • RANDA WEINER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • VIDAL G MARTINEZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • EDWARD L TYRRELL

    TREASURER

    Total calculated
    $1,312,663
    From this org
    $0
    From related orgs
    $1,176,928
    Other
    $135,735
    Hours/week
    2 + 48 related

    Schedule J breakdown matched by us

    Base
    $0 + $503,100 related
    Bonus
    $0 + $375,830 related
    Other
    $0 + $297,998 related
    Deferred
    $0 + $112,867 related
    Nontaxable benefits
    $0 + $22,868 related
    Filer's total
    $0 + $1,312,663 related

  • KEVIN J BURNS

    ASSISTANT SECRETARY

    Total calculated
    $2,429,955
    From this org
    $0
    From related orgs
    $2,152,714
    Other
    $277,241
    Hours/week
    2 + 48 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,089,165 related
    Bonus
    $0 + $743,761 related
    Other
    $0 + $319,788 related
    Deferred
    $0 + $240,778 related
    Nontaxable benefits
    $0 + $36,463 related
    Filer's total
    $0 + $2,429,955 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 — 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)

SCHEDULE J, PART I, LINE 3:
THE CEO OF THIS ORGANIZATION IS EMPLOYED BY A RELATED ORGANIZATION WHO UTILIZED THE FOLLOWING ITEMS TO ESTABLISH COMPENSATION: (1) COMPENSATION COMMITTEE; (2) INDEPENDENT COMPENSATION CONSULTANT; (3) COMPENSATION SURVEY OR STUDY; (4) APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.
PART I, LINE 4A:
HOUSTON METHODIST HOSPITAL HAS A FORMAL SEVERANCE PLAN. ELIGIBLE EMPLOYEES INCLUDE ALL FULL-TIME AND PART-TIME (NOT TEMPORARY OR PRN) STAFF, INCLUDING HOURLY STAFF UP THROUGH SENIOR VICE PRESIDENTS PROVIDED THEY WORK AT LEAST 20 HOURS PER WEEK AND ARE NOT OTHERWISE COVERED BY A PHYSICIAN EMPLOYMENT AGREEMENT. THE PLAN ONLY PROVIDES SALARY AND BENEFITS IN THE EVENT AN ELIGIBLE EMPLOYEE IS INVOLUNTARILY TERMINATED DUE TO THE ELIMINATION OF THEIR POSITION OR IF THEIR CURRENT POSITION IS SIGNIFICANTLY IMPACTED BY AN ORGANIZATIONAL RESTRUCTURING OR CHANGE IN REQUIREMENT AND A COMPARABLE POSITION IS NOT AVAILABLE WITHIN THE ORGANIZATION. THE ELIGIBLE PERSON MUST ALSO SIGN A TERMINATION AGREEMENT IN ORDER TO RECEIVE SALARY CONTINUATION AND BENEFITS UNDER THE PLAN TO WHICH THEY WOULD NOT NORMALLY BE ELIGIBLE TO RECEIVE UNDER A VOLUNTARY RESIGNATION. NO SEVERANCE PAYMENT WAS MADE FROM THIS PLAN IN THE CURRENT YEAR.
SCHEDULE J, PART I, LINE 4B:
THE SUPPLEMENTAL EMPLOYEE RETIREMENT PLAN (SERP) IS A NON-QUALIFIED EMPLOYER FUNDED PLAN. CONTRIBUTIONS ARE MADE ANNUALLY INTO A TAX DEFERRED ACCOUNT AND ARE CONSIDERED TAXABLE UPON VESTING (I.E. COMPLETION OF THREE YEARS OF VESTING SERVICE). ONCE VESTED, EACH YEAR'S SUBSEQUENT CONTRIBUTION IS TAXABLE WITHIN THE CALENDAR YEAR IN WHICH THE DEPOSIT WAS MADE. ACCOUNT BALANCES CANNOT BE ACCESSED UNTIL RETIREMENT OR TERMINATION (WHICHEVER OCCURS FIRST) AND MAY BE SUBJECT TO NON-REVOCABLE DISTRIBUTION OPTIONS SELECTED UPON EMPLOYMENT. NO PAYMENT WAS MADE FROM THIS PLAN IN THE CURRENT YEAR.

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

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
2023
Filed
5 November 2024
IRS schema version
2023v5.1
Source object
202433109349301353

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

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