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Nonprofiteer
← MAIN STREET COMMUNITY INITIATIVES

Form 990 for tax year 2022

Filed by MAIN STREET COMMUNITY INITIATIVES.

Totals

Total revenue
$131,473,817
Total expenses
$131,473,818
Contributions and grants received
$0
Grants paid
$0
Program services expenses (Part IX)
$127,912,231
Management and general expenses
$3,561,587
Fundraising expenses
$0
Program service expenses (Part III)
$127,513,586

Program services were 97.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • CATHERINE GORDON MD

    BOARD MEMBER THROUGH 4/26/22 / VICE CHAIR 3/3/22 - 4/26/22

    Total calculated
    $0
    Hours/week
    1 + 5 related

  • ERIC K WILLIAMS MD

    BOARD MEMBER 3/3/22-9/30/22 / CMO & MEDICAL DIRECTOR THROUGH 3/3/22

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • James Versalovic MD PHD

    BOARD MEMBER / VICE CHAIR THROUGH 3/2/2022

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

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0 + $1,410,515 related
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $1,410,515 related

  • LARA S SHEKERDEMIAN MD

    BOARD MEMBER / VICE CHAIR AS OF 4/27/2022

    Total calculated
    $280,500
    From this org
    $0
    From related orgs
    $180,500
    Other
    $100,000
    Hours/week
    1

    Schedule J breakdown matched by us

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

  • MICHAEL A BELFORT MD PHD

    BOARD MEMBER / CHAIR

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

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0 + $1,086,000 related
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $1,086,000 related

  • JEFFREY S SHILT MD

    BOARD MEMBER AS OF 10/1/2022

    Total calculated
    $155,700
    From this org
    $0
    From related orgs
    $155,700
    Other
    $0
    Hours/week
    1

    Schedule J breakdown matched by us

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

  • LANCE A LIGHTFOOT

    BOARD SECRETARY

    Total calculated
    $1,964,896
    From this org
    $0
    From related orgs
    $1,653,642
    Other
    $311,254
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $753,413 related
    Bonus
    $0 + $737,560 related
    Other
    $0 + $162,668 related
    Deferred
    $0 + $275,313 related
    Nontaxable benefits
    $0 + $35,941 related
    Filer's total
    $0 + $1,964,896 related

  • MICHELLE M RILEY-BROWN

    PRESIDENT AS OF 3/3/2022

    Total calculated
    $2,241,677
    From this org
    $0
    From related orgs
    $1,820,170
    Other
    $421,507
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $862,093 related
    Bonus
    $0 + $866,350 related
    Other
    $0 + $91,726 related
    Deferred
    $0 + $370,278 related
    Nontaxable benefits
    $0 + $51,229 related
    Filer's total
    $0 + $2,241,676 related

  • SUSAN RICHELLE MONTGOMERY

    PRESIDENT & TREASURER THROUGH 3/2/2022

    Total calculated
    $1,609,970
    From this org
    $0
    From related orgs
    $1,383,810
    Other
    $226,160
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $549,136 related
    Bonus
    $0 + $784,700 related
    Other
    $0 + $49,974 related
    Deferred
    $0 + $187,775 related
    Nontaxable benefits
    $0 + $38,385 related
    Filer's total
    $0 + $1,609,970 related

  • IVETT T SHAH

    SENIOR VICE PRESIDENT THROUGH 9/27/2022

    Total calculated
    $736,354
    From this org
    $0
    From related orgs
    $719,282
    Other
    $17,072
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $326,450 related
    Bonus
    $0
    Other
    $0 + $392,832 related
    Deferred
    $0 + $9,150 related
    Nontaxable benefits
    $0 + $7,922 related
    Filer's total
    $0 + $736,354 related

  • IJEOMA BURNS

    NURSE PRACTITIONER

    Total calculated
    $171,595
    From this org
    $142,263
    From related orgs
    $0
    Other
    $29,332
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $132,107
    Bonus
    $7,978
    Other
    $2,178
    Deferred
    $10,235
    Nontaxable benefits
    $19,097
    Filer's total
    $171,595

  • JENNIFER DALTON

    ASSISTANT CLINICAL DIRECTOR NURSING

    Total calculated
    $201,673
    From this org
    $161,633
    From related orgs
    $0
    Other
    $40,040
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $152,383
    Bonus
    $9,056
    Other
    $194
    Deferred
    $15,466
    Nontaxable benefits
    $24,574
    Filer's total
    $201,674

  • JODI HARRIS

    DIR HPC PT CENTERED MED HOME

    Total calculated
    $254,701
    From this org
    $226,566
    From related orgs
    $0
    Other
    $28,135
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $205,130
    Bonus
    $19,100
    Other
    $2,336
    Deferred
    $13,614
    Nontaxable benefits
    $14,521
    Filer's total
    $254,701

  • RODNEY DAVID

    ASSISTANT DIRECTOR BUSINESS OPERATIONS

    Total calculated
    $193,837
    From this org
    $144,551
    From related orgs
    $0
    Other
    $49,286
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $136,100
    Bonus
    $8,337
    Other
    $114
    Deferred
    $14,165
    Nontaxable benefits
    $35,121
    Filer's total
    $193,837

  • TONJA NEELY

    MANAGER AMBULATORY CLINICS

    Total calculated
    $183,613
    From this org
    $144,996
    From related orgs
    $0
    Other
    $38,617
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $129,837
    Bonus
    $8,969
    Other
    $6,189
    Deferred
    $13,396
    Nontaxable benefits
    $25,221
    Filer's total
    $183,613

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

  • 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 4a Severance or change-of-control payment
IVETT T SHAH RECEIVED SEVERANCE IN THE AMOUNT OF $105,577.
Schedule J, Part I, Line 3 ARRANGEMENT USED TO ESTABLISH THE TOP MANAGEMENT OFFICIAL'S COMPENSATION
COMPENSATION FOR THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL IS ESTABLISHED BY TEXAS CHILDREN'S AND TEXAS CHILDREN'S HOSPITAL, USING THE FOLLOWING METHODS: *COMPENSATION COMMITTEE *INDEPENDENT COMPENSATION CONSULTANT *COMPENSATION SURVEY OR STUDY *APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE
Schedule J, Part I, Line 4b 457 (F) PLAN
457 (F) PLAN: PAID/DEFERRED LANCE A LIGHTFOOT 132,705 / 125,500 SUSAN RICHELLE MONTGOMERY 17,521 / 85,500 MICHELLE M RILEY-BROWN 80,768 / 162,000 IVETT T SHAH 260,869 / 0 THE 457(F) PLAN IS A NON-QUALIFIED DEFERRED COMPENSATION PLAN THAT ALLOWS ELIGIBLE EXECUTIVES, FROM THE ASSISTANT VICE PRESIDENT LEVEL TO CHIEF EXECUTIVE OFFICER, TO RECEIVE SUPPLEMENT EXECUTIVE 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 THE EARLIER OF FIVE YEARS, THE ATTAINMENT OF AGE 60 AND 75-POINTS DETERMINED AS OF THEIR AGE AND YEARS OF SERVICE, OR AT AGE 65. THE 457(F) PLAN ALSO CONTAINS RESIDUAL CAPITAL ACUMULATION CONTRIBUTIONS FROM A FLEXIBLE BENEFIT ACCOUNT SURPLUS.
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 and will be recovered partially or fully when the policy is terminated or transferred to the executive. Premiums were paid to: Michelle M Riley-Brown Lance A Lightfoot

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.

Provenance

Return type
form_990
Tax year
2022
Filed
8 November 2023
IRS schema version
2022v5.0
Source object
202323119349304382

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

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