Skip to content
Nonprofiteer
← UTMB HEALTHCARE SYSTEMS INC

Form 990 for tax year 2024

Filed by UTMB HEALTHCARE SYSTEMS INC.

Totals

Total revenue
$63,514,493
Total expenses
$62,843,838
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$62,253,151
Investment income
$1,261,342
Other revenue
$0
Total assets, end of year
$39,684,110
Total liabilities, end of year
$3,493,255
Net assets or fund balances, end of year
$36,190,855
Program services expenses (Part IX)
$62,378,645
Management and general expenses
$465,193
Fundraising expenses
$0
Program service expenses (Part III)
$62,378,645

Program services were 99.3% 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: MANAGEMENT SERVICES

    total $62,115,920 · related or exempt $62,115,920

  • 2b · Program service revenue: PROPERTY MANAGEMENT

    total $135,201 · related or exempt $135,201

  • 2c · Program service revenue: GIFT - OTHER ORGANIZATIONS

    total $2,030 · related or exempt $2,030

  • 3 · Investment income

    total $1,261,342 · excluded $1,261,342

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $67,731 · management and general $67,731

  • 7 · Other salaries and wages

    total $28,297,541 · program services $27,958,880 · management and general $338,661

  • 8 · Pension plan contributions

    total $753,201 · program services $753,201

  • 9 · Other employee benefits

    total $43,297 · program services $42,416 · management and general $881

  • 10 · Payroll taxes

    total $2,043,056 · program services $2,043,056

  • 11b · Fees: legal

    total $20,588 · program services $17,580 · management and general $3,008

  • 11c · Fees: accounting

    total $25,316 · program services $16,999 · management and general $8,317

  • 11g · Fees: other

    total $31,269,905 · program services $31,269,905

  • 12 · Advertising and promotion

    total $299 · program services $299

  • 13 · Office expenses

    total $13,221 · program services $5,172 · management and general $8,049

  • 14 · Information technology

    total $22,788 · program services $21,804 · management and general $984

  • 16 · Occupancy

    total $38,752 · program services $38,752

  • 22 · Depreciation, depletion and amortization

    total $34,330 · program services $34,330

  • 23 · Insurance

    total $213,813 · program services $176,251 · management and general $37,562

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $214,074 · end of year $160,592

  • 2 · Savings and temporary cash investments

    beginning of year $26,100,199 · end of year $27,385,817

  • 4 · Accounts receivable

    beginning of year $4,414,014 · end of year $4,938,870

  • 7 · Other notes and loans receivable

    beginning of year $6,000,000 · end of year $6,000,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $140,351 · end of year $177,077

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

    $1,622,828

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

    $601,074

  • 10c · Land, buildings and equipment, net

    beginning of year $1,056,084 · end of year $1,021,754

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,818,427 · end of year $3,313,862

  • 19 · Deferred revenue

    beginning of year $7,864 · end of year $8,124

  • 25 · Other liabilities

    beginning of year $173,402 · end of year $171,269

  • 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 $34,925,029 · end of year $36,190,855

Mission and programs · 2024

Mission

THE MISSION OF UTMB HEALTHCARE SYSTEMS, INC. (UTMB HCS) IS TO IMPROVE THE HEALTH OF TEXAS COMMUNITIES BY CREATING A NETWORK OF HEALTH CARE PROFESSIONALS ENGAGING IN STATE-OF-THE-ART PATIENT CARE, SCHOLARLY MEDICAL EDUCATION, AND INNOVATIVE RESEARCH.

Activities or mission (Part I)

SEE SCHEDULE O THE MISSION OF UTMB HEALTHCARE SYSTEMS, INC. (UTMB HCS) IS TO IMPROVE THE HEALTH OF TEXAS COMMUNITIES BY CREATING A NETWORK OF HEALTH CARE PROFESSIONALS ENGAGING IN STATE-OF-THE-ART PATIENT CARE, SCHOLARLY MEDICAL EDUCATION, AND INNOVATIVE RESEARCH.

  • THE EXEMPT PURPOSE ACHIEVEMENT IS TO PROVIDE NURSE RECRUITING AND OTHER STAFFING NEEDS FOR THE UNIVERSITY OF TEXAS MEDICAL BRANCH.

    Expenses $62,283,886 · Revenue $62,115,920

  • THE EXEMPT PURPOSE ACHIEVEMENT IS TO PROVIDE PROPERTY MANAGEMENT FOR THE BENEFIT OF THE UNIVERSITY OF TEXAS MEDICAL BRANCH. UTMB HEALTHCARE SYSTEMS, INC. MANAGES AND LEASES PRIMARY CARE CLINICS FOR UTMB.

    Expenses $94,759 · Revenue $135,201

As filed on the 2024 return.

Listed in Part VII

  • Jochen Reiser MD PhD

    CHAIR, SOLE MEMBER

    Total calculated
    $1,637,500
    From this org
    $0
    From related orgs
    $1,431,063
    Other
    $206,437
    Hours/week
    0.5 + 39.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,431,063 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $200,000 related
    Nontaxable benefits
    $0 + $6,437 related
    Filer's total
    $0 + $1,637,500 related

  • Charles Mouton MD

    DIRECTOR

    Total calculated
    $1,418,817
    From this org
    $0
    From related orgs
    $1,309,848
    Other
    $108,969
    Hours/week
    0.5 + 39.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,093,563 related
    Bonus
    $0 + $214,605 related
    Other
    $0 + $1,680 related
    Deferred
    $0 + $100,000 related
    Nontaxable benefits
    $0 + $8,969 related
    Filer's total
    $0 + $1,418,817 related

  • Rebecca B Korenek MBA Mha

    VICE CHAIR

    Total calculated
    $1,381,914
    From this org
    $0
    From related orgs
    $1,379,812
    Other
    $2,102
    Hours/week
    0.5 + 39.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,224,781 related
    Bonus
    $0 + $153,831 related
    Other
    $0 + $1,200 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $2,102 related
    Filer's total
    $0 + $1,381,914 related

  • Gulshan Sharma MD

    DIRECTOR

    Total calculated
    $1,235,281
    From this org
    $0
    From related orgs
    $1,224,396
    Other
    $10,885
    Hours/week
    0.5 + 39.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,067,687 related
    Bonus
    $0 + $155,048 related
    Other
    $0 + $1,661 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $10,885 related
    Filer's total
    $0 + $1,235,281 related

  • Vicente Resto MD

    DIRECTOR

    Total calculated
    $1,145,736
    From this org
    $0
    From related orgs
    $1,063,528
    Other
    $82,208
    Hours/week
    0.5 + 39.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $914,945 related
    Bonus
    $0 + $146,563 related
    Other
    $0 + $2,020 related
    Deferred
    $0 + $75,000 related
    Nontaxable benefits
    $0 + $7,208 related
    Filer's total
    $0 + $1,145,736 related

  • Jerome Yaklic MD MBA

    DIRECTOR

    Total calculated
    $814,255
    From this org
    $0
    From related orgs
    $804,671
    Other
    $9,584
    Hours/week
    0.5 + 39.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $640,416 related
    Bonus
    $0 + $162,630 related
    Other
    $0 + $1,625 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $9,584 related
    Filer's total
    $0 + $814,255 related

  • Timothy J Harlin Dsc Fache

    FORMER DIRECTOR

    Total calculated
    $811,934
    From this org
    $0
    From related orgs
    $809,446
    Other
    $2,488
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0 + $662,802 related
    Bonus
    $0
    Other
    $0 + $146,644 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $2,488 related
    Filer's total
    $0 + $811,934 related

  • C Aaron Lemay CPA JD Msed

    FORMER TREASURER

    Total calculated
    $640,387
    From this org
    $0
    From related orgs
    $631,797
    Other
    $8,590
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0 + $580,940 related
    Bonus
    $0 + $49,657 related
    Other
    $0 + $1,200 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $8,590 related
    Filer's total
    $0 + $640,387 related

  • Jennifer B Sarpalius CPA

    PRESIDENT AND CEO

    Total calculated
    $588,750
    From this org
    $0
    From related orgs
    $586,434
    Other
    $2,316
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $511,434 related
    Bonus
    $0 + $75,000 related
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $2,316 related
    Filer's total
    $0 + $588,750 related

  • Jamie D Bailey MBA CPA Cfe

    TREASURER

    Total calculated
    $587,500
    From this org
    $0
    From related orgs
    $579,619
    Other
    $7,881
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $554,619 related
    Bonus
    $0
    Other
    $0 + $25,000 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $7,881 related
    Filer's total
    $0 + $587,500 related

  • Carlos A Clark Do

    DIRECTOR

    Total calculated
    $404,608
    From this org
    $0
    From related orgs
    $397,434
    Other
    $7,174
    Hours/week
    0.5 + 39.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $361,666 related
    Bonus
    $0 + $33,608 related
    Other
    $0 + $2,160 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $7,174 related
    Filer's total
    $0 + $404,608 related

  • Cheryl S Herrod

    SECRETARY

    Total calculated
    $111,334
    From this org
    $0
    From related orgs
    $101,467
    Other
    $9,867
    Hours/week
    5 + 35 related

  • David C Gruener

    FORMER PRESIDENT AND CEO

    Total calculated
    $111,065
    From this org
    $0
    From related orgs
    $103,989
    Other
    $7,076
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0 + $102,763 related
    Bonus
    $0
    Other
    $0 + $1,226 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $7,076 related
    Filer's total
    $0 + $111,065 related

  • Maria L Gonzalez

    FORMER SECRETARY

    Total calculated
    $40,020
    From this org
    $0
    From related orgs
    $40,001
    Other
    $19
    Hours/week
    0

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 HEALTHCARE SYSTEMS, INC. THE CEO 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 4B
SEVERANCE NONQUALIFIED EQUITY-BASED JOCHEN REISER, MD, PHD 0 200,000 0 CHARLES MOUTON, MD 0 100,000 0 VICENTE RESTO, MD 0 75,000 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.

  • FHC FAMILY HEALTHCARE CENTERS INC

    C · INACTIVE · TX · 100% owned · controlled entity

    Directly controlled by UTMB HEALTHCARE SYSTEMS INC

  • HSI HEALTHCARE SERVICES INC

    C · INACTIVE · TX · 100% owned · controlled entity

    Directly controlled by UTMB HEALTHCARE SYSTEMS INC

  • MEDICAL BRANCH INNOVATIONS INC

    C · HEALTHCARE · TX

    Directly controlled by UTMB

Provenance

Return type
form_990
Tax year
2024
Filed
18 June 2026
IRS schema version
2024v5.5
Source object
202601779349300435

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

The source document this was parsed from is served over the API, which is where bulk and document access live.