Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: RENTAL INCOME

  total $1,198,121 · related or exempt $1,198,121

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $336,087

• 8 · Pension plan contributions

  total $7,355

• 9 · Other employee benefits

  total $61,661

• 10 · Payroll taxes

  total $23,575

• 13 · Office expenses

  total $72

• 16 · Occupancy

  total $188,120

• 22 · Depreciation, depletion and amortization

  total $1,322,804

• 23 · Insurance

  total $63,273

• 24a · Other expenses: TRANSFER OVERHEAD

  total $164,111

• 24b · Other expenses: PROPERTY TAXES

  total $23,036

• 24c · Other expenses: REPAIRS AND MAINTENANCE

  total $14,006

• 24d · Other expenses: BANK FEES

  total $119

• 24e · All other expenses

  total $29

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $225,246 · end of year $165,503

• 4 · Accounts receivable

  end of year $1,984,530

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

  $38,555,094

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

  $12,979,180

• 10c · Land, buildings and equipment, net

  beginning of year $27,009,065 · end of year $25,575,914

• 17 · Accounts payable and accrued expenses

  beginning of year $14,145 · end of year $30,493

• 25 · Other liabilities

  beginning of year $2,013,878 · end of year $3,495,293

• 27 · Net assets without donor restrictions

  beginning of year $25,206,288 · end of year $24,200,161

The filer's explanations (Part III)

PART I, LINE 3

A COMPREHENSIVE REVIEW OF THE CEO'S TOTAL COMPENSATION IS CONDUCTED BY THE MINUTES REFLECTING THE DELIBERATIONS OF THE COMMITTEE ARE RECORDED AND DIRECTORS. IN CONSIDERING AN ADJUSTMENT TO THE COMPENSATION PACKAGE FOR THE INCLUDING THE GEORGIA VHA EXECUTIVE COMPENSATION SURVEY-CEO, THE GEORGIA BENEFITS AND COMPENSATION COMMITTEE OF HOUSTON HEALTHCARE SYSTEM, INC. FILED. THE COMMITTEE IS COMPRISED OF THREE MEMBERS OF THE BOARD OF DIRECTORS, VARIOUS STUDIES ARE CONSIDERED AND FACTORED INTO THE FINAL DECISION, HOSPITAL ASSOCIATION SURVEY OF EXECUTIVE COMPENSATION, AND AN EXECUTIVE SALARY SURVEY OF GEORGIA HOSPITAL EXECUTIVES CONDUCTED ANNUALLY BY HR ADVANTAGE, A COMPENSATION CONSULTANT WITH NATION-WIDE REACH. ALL OF THE ENTITIES AND INDIVIDUALS PROVIDE COMPENSATION DATA INDEPENDENT OF THE OTHERS. SUBSEQUENT TO THE REVIEW, A RECOMMENDATION REGARDING THE CEO'S COMPENSATION IS REVIEWED AND MODIFIED/APPROVED BY THE BOARD OF DIRECTORS OF HOUSTON HOSPITALS, INC. A SIMILAR PROCESS IS EMPLOYED FOR THE CFO. THE REVIEWS ARE PERFORMED ON AN ANNUAL BASIS.

Related partnerships

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

• PATIENT SELECT LLC

  MSO · GA

• HOUSTON ASC LLC

  SURGERY CENTER · GA

Related corporations and trusts

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

• HOUSTON HEALTH VENTURES INC

  PATIENT SERVICE · GA