Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $13,169,201

• 1f · All other contributions, gifts and grants

  $6,948,893

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

  total $2,439,826,119 · related or exempt $2,439,730,476 · unrelated business $95,643

• 2b · Program service revenue: RESEARCH REVENUE

  total $3,123,085 · related or exempt $3,123,085

• 2f · All other program service revenue

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

• 3 · Investment income

  total $57,066,181 · unrelated business $30,890 · excluded $57,035,291

• 5 · Royalties

  total $46,075 · excluded $46,075

• 6a · Gross rents

  real property $8,761,836

• 6b · Less rental expenses

  real property $392,319

• 6c · Rental income or loss

  real property $8,369,517 · personal property $0

• 6d · Net rental income or loss

  total $8,369,517 · excluded $8,369,517

• 7a · Gross sales of assets other than inventory

  securities $80,567,613 · other assets $0

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

  securities $75,443,008 · other assets $1,984

• 7c · Gain or loss

  securities $5,124,605 · other assets -$1,984

• 7d · Net gain or loss

  total $5,122,621 · excluded $5,122,621

• 11a · Other revenue: CAFETERIA & CATERING SALES

  total $7,365,940 · unrelated business $628,831 · excluded $6,737,109

• 11b · Other revenue: MEDICAL RECORD INCOME

  total $886,929 · related or exempt $886,929

• 11c · Other revenue: PARKING

  total $293,391 · unrelated business $77,988 · excluded $215,403

• 11d · All other revenue

  total $7,395,692 · related or exempt $7,395,692 · unrelated business $0 · excluded $0

• 11e · Other revenue, total

  $15,941,952

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $92,010,670 · program services $92,010,670

• 5 · Compensation of officers, directors and key employees

  total $15,217,434 · program services $12,385,493 · management and general $2,831,941

• 6 · Compensation of disqualified persons

  total $224,550 · program services $182,762 · management and general $41,788

• 7 · Other salaries and wages

  total $953,295,671 · program services $817,779,274 · management and general $135,218,590 · fundraising $297,807

• 8 · Pension plan contributions

  total $33,587,646 · program services $27,813,266 · management and general $5,774,380

• 9 · Other employee benefits

  total $50,912,422 · program services $38,469,195 · management and general $12,443,227

• 10 · Payroll taxes

  total $59,481,445 · program services $50,840,457 · management and general $8,619,752 · fundraising $21,236

• 11b · Fees: legal

  total $4,307,859 · management and general $4,307,859

• 11c · Fees: accounting

  total $261,196 · management and general $261,196

• 11d · Fees: lobbying

  total $306,618 · management and general $306,618

• 11f · Fees: investment management

  total $822,249 · management and general $822,249

• 11g · Fees: other

  total $57,991,107 · program services $39,399,671 · management and general $18,558,142 · fundraising $33,294

• 12 · Advertising and promotion

  total $10,831,727 · program services $7,494,664 · management and general $3,337,063

• 13 · Office expenses

  total $8,781,008 · program services $6,691,761 · management and general $2,074,285 · fundraising $14,962

• 14 · Information technology

  total $34,165,282 · program services $29,552,969 · management and general $4,612,313

• 16 · Occupancy

  total $17,663,066 · program services $16,944,101 · management and general $696,439 · fundraising $22,526

• 17 · Travel

  total $1,953,204 · program services $1,075,707 · management and general $873,645 · fundraising $3,852

• 19 · Conferences, conventions and meetings

  total $450,957 · program services $268,191 · management and general $182,766

• 20 · Interest

  total $15,230,874 · program services $5,801,651 · management and general $9,429,223

• 22 · Depreciation, depletion and amortization

  total $127,790,723 · program services $113,942,424 · management and general $13,848,299

• 23 · Insurance

  total $11,620,411 · program services $10,839,337 · management and general $781,074

• 24a · Other expenses: SUPPLIES

  total $474,750,551 · program services $474,555,026 · management and general $192,276 · fundraising $3,249

• 24b · Other expenses: RECRUITMENT & SPECIAL EVENTS

  total $110,773,205 · program services $110,552,937 · fundraising $220,268

• 24c · Other expenses: EQUIPMENT & MAINTENANCE

  total $59,400,021 · program services $52,320,222 · management and general $7,079,799

• 24e · All other expenses

  total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $810,619 · end of year $1,250,247

• 2 · Savings and temporary cash investments

  beginning of year $1,973,576,398 · end of year $2,155,053,096

• 4 · Accounts receivable

  beginning of year $226,647,497 · end of year $246,854,873

• 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 $29,331,809 · end of year $42,109,948

• 8 · Inventories for sale or use

  beginning of year $48,011,937 · end of year $56,798,606

• 9 · Prepaid expenses and deferred charges

  beginning of year $62,377,738 · end of year $46,151,956

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

  $2,780,722,218

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

  $1,606,137,458

• 10c · Land, buildings and equipment, net

  beginning of year $1,124,553,066 · end of year $1,174,584,760

• 11 · Investments: publicly traded securities

  beginning of year $159,309,217 · end of year $191,705,819

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $87,958,124 · end of year $94,044,659

• 14 · Intangible assets

  beginning of year $1,970,664 · end of year $1,878,876

• 15 · Other assets

  beginning of year $78,307,361 · end of year $286,641,156

• 17 · Accounts payable and accrued expenses

  beginning of year $218,628,578 · end of year $222,634,611

• 19 · Deferred revenue

  beginning of year $4,728,886 · end of year $18,116,638

• 20 · Tax-exempt bond liabilities

  beginning of year $405,139,824 · end of year $400,670,688

• 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 $100,183,404 · end of year $93,986,545

• 25 · Other liabilities

  beginning of year $185,667,244 · end of year $134,409,880

• 27 · Net assets without donor restrictions

  beginning of year $2,878,506,494 · end of year $3,427,255,634

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 1A HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES

JIM SCOGGIN, CEO, IS PROVIDED WITH TWO SOCIAL CLUB MEMBERSHIPS, ONE OF WHICH IS PAID DIRECTLY TO THE SOCIAL CLUB AND THE OTHER IS REIMBURSED BY THE ORGANIZATION. THE AMOUNT WAS NOT TREATED AS TAXABLE COMPENSATION AS THE AMOUNTS PAID AND REIMBURSED ARE FOR BUSINESS PURPOSES ONLY.

SCHEDULE J, PART I, LINE 4B SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN

TO AID IN RETAINING KEY EMPLOYEES, A 457(F) RETIREMENT ALLOWANCE PLAN IS AVAILABLE TO OFFICERS, SENIOR VICE PRESIDENTS, EXECUTIVE VICE PRESIDENTS AND DIVISION PRESIDENTS. EACH YEAR, THE PLAN PROVIDES CREDITS, EXPRESSED AS DOLLAR AMOUNTS, DETERMINED BY A PERCENTAGE OF EACH PARTICIPANT'S BASE SALARY. THE PERCENTAGE FOR EACH PARTICIPANT IS DEFINED IN THE PLAN AS OUTLINED BY THE PLAN DOCUMENT. THE DEFERRED ALLOWANCE IS DEPOSITED IN A MUTUAL FUND ACCOUNT FOR EACH PARTICIPANT AND INVESTED IN FUNDS SELECTED BY THE PARTICIPANT FROM A MENU OF AVAILABLE OPTIONS. VESTED BENEFITS, WITH INVESTMENTS GAINS OR LOSSES, ARE PAID TO PARTICIPANTS AS REGULAR TAXABLE INCOME. THE PLAN DEFINES PROVISIONS FOR DISTRIBUTION OF BENEFITS IN THE EVENT OF THE PARTICIPANT'S DEATH OR SEPARATION OF EMPLOYMENT PRIOR TO THE ELECTED VESTING DATE. THE AMOUNTS BELOW, DEFERRED IN THE CURRENT YEAR AND PAID IN THE CURRENT YEAR, RESPECTIVELY, ARE INCLUDED IN THE AMOUNTS REPORTED ON SCHEDULE J, PART II, COLUMNS B(III), (C) OR (F). JAMES C. SCOGGIN JR. $0 / $703,446 PAMELA STOYANOFF $161,332 / $144,227 CRAIG BJERKE $113,364 / $94,571 JOHN PHILLIPS $104,712 / $97,000 MICHAEL PRICE $0 / $129,200 PAMELA MCNUTT $0 / $83,667 MARTIN KOONSMAN JR. $84,801 / $41,560 CHERYL FLYNN $0 / $20,217 E. KENNETH HUTCHENRIDER, JR. $80,475 / $64,667 JUAN FRESQUEZ, JR. $71,710 / $63,783 JOHN MYERS $77,527 / $0 BRIAN KENJARSKI $53,040 / $38,362 LESLIE PIERCE $56,895 / $28,412 JOLYN ANGUS $0 / $84,337

SCHEDULE J, PART I, LINE 7 NON-FIXED PAYMENTS

IN ORDER TO RECRUIT AND RETAIN KEY TALENT, MHS OFFERS SHORT AND LONG TERM INCENTIVE PLANS FOR CERTAIN EMPLOYEES LISTED IN PART VII, SECTION A, LINE 1A. FOR FISCAL YEAR 2025 THE INCENTIVE PLANS WERE TARGETED IN THE AREAS OF FINANCIAL PERFORMANCE, CLINICAL QUALITY, AND EMPLOYEE AND PATIENT SATISFACTION. RESULTS OF EACH INCENTIVE PLAN PROGRAM ARE REVIEWED WITH THE ORGANIZATION'S OUTSIDE AUDIT FIRM, AS PART OF THE FIRM'S AGREED UPON PROCEDURES, PRIOR TO PAYMENT.

SCHEDULE J, PART I, LINE 1B WRITTEN POLICY REGARDING PAYMENT OR REIMBURSEMENT OF EXPENSES

THE PAYMENT OF SOCIAL CLUB DUES AND OTHER SPENDING BY THE CEO IS GOVERNED BY THE ORGANIZATION'S EXPENSE POLICY. THE CEO'S EXPENSE REPORTS AND SOCIAL CLUB DUES ARE REVIEWED AND APPROVED BY THE CFO.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• METHODIST COMMUNITY PHARMACY LLC

  PATIENT PHARMACY · TX · income $12,027,413 · assets $12,242,475

  Directly controlled by METHODIST HOSPITALS OF DALLAS

• MHS-1211 BECKLEY PROPERTY LLC

  PROPERTY MANAGEMENT · TX · income $0 · assets $1,692,116

  Directly controlled by METHODIST HOSPITALS OF DALLAS

• METSL HOLDINGS LLC

  MEDICAL SERVICES · KS · income $0 · assets $0

  Directly controlled by METHODIST HOSPITALS OF DALLAS

• METSL LLC

  OUTPATIENT SURGERY · KS · income $11,923 · assets $77,791

  Directly controlled by METHODIST HOSPITALS OF DALLAS

Related partnerships

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

• METDALSPI HOLDING LLC

  RELATED · HOLDING COMPANY · TX · share of income $16,732,515 · share of assets $16,114,451

  Directly controlled by METHODIST HOSPITALS OF DALLAS

• METHODIST DIAGNOSTIC IMAGING OF TEXAS LLC

  RELATED · MANAGEMENT SERVICES · TX · share of income $36,473 · share of assets $21,605,018

  Directly controlled by METHODIST HOSPITALS OF DALLAS

• METHODIST TRANSITIONAL CARE CENTER - DESOTO LLC

  RELATED · SKILLED NURSING AND REHABILITATION CENTER · TX · share of income $1,109,975 · share of assets $1,184,772

  Directly controlled by METHODIST HOSPITALS OF DALLAS

• METHODIST URGENT CARE OF TEXAS LLC

  RELATED · MEDICAL SERVICES · TX · share of income -$96,272 · share of assets $869,005

  Directly controlled by METHODIST HOSPITALS OF DALLAS

• METSL PROPERTY INVESTOR LLC

  RELATED · GROUND LEASE · TX · share of income $222,489 · share of assets $851,337 · general or managing partner

  Directly controlled by METHODIST HOSPITALS OF DALLAS

• MHD-USO MANAGEMENT COMPANY LP

  N/A · MEDICAL SERVICES · TX

  Directly controlled by NA

• MHS-CHC I LP

  RELATED · REHAB HOSPITAL · TX · share of income $6,635,117 · share of assets $5,816,403

  Directly controlled by METHODIST HOSPITALS OF DALLAS

• MHS-CHC LLC

  RELATED · HOSPITAL SERVICES · TX · share of income $72,913 · share of assets $635,695

  Directly controlled by METHODIST HOSPITALS OF DALLAS

• MSP ASC HOLDINGS LLC

  RELATED · HOLDING COMPANY · TX · share of income $1,222,666 · share of assets $1,775,414

  Directly controlled by METHODIST HOSPITALS OF DALLAS

• MSP MCKINNEY HOLDINGS LLC

  RELATED · HOLDING COMPANY · TX · share of income $3,615,969 · share of assets $9,154,835

  Directly controlled by METHODIST HOSPITALS OF DALLAS

• NORTH TEXAS PARAMEDIC EDUCATION CONSORTIUM LLC

  RELATED · PARAMEDIC TRAINING · TX · share of income $0 · share of assets $0 · general or managing partner

  Directly controlled by METHODIST HOSPITALS OF DALLAS

Related corporations and trusts

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

• NORTH TEXAS HEALTH FACILITIES MANAGEMENT

  C CORPORATION · PROPERTY AND PRACTICE MANAGEMENT · TX · 100% owned · share of income $4,803,503 · share of assets $11,690,417 · controlled entity

  Directly controlled by METHODIST HOSPITALS OF DALLAS

• COLLECTECH FINANCIAL SERVICES INC

  C CORPORATION · BILLING AND COLLECTION · TX

  Directly controlled by NORTH TEXAS HEALTH FACILITIES MGMT

• METHODIST-RAYUS

  C CORPORATION · IMAGING · TX · 100% owned · share of income $0 · share of assets $0 · controlled entity

  Directly controlled by METHODIST HOSPITALS OF DALLAS