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Nonprofiteer
← MAIN STREET COMMUNITY INITIATIVES

Form 990 for tax year 2023

Filed by MAIN STREET COMMUNITY INITIATIVES.

Totals

Total revenue
$131,314,726
Total expenses
$131,314,726
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$130,040,998
Investment income
$1,273,728
Other revenue
$0
Total assets, end of year
$38,579,943
Total liabilities, end of year
$12,091,651
Net assets or fund balances, end of year
$26,488,292
Program services expenses (Part IX)
$127,852,513
Management and general expenses
$3,462,213
Fundraising expenses
$0
Program service expenses (Part III)
$127,852,513

Program services were 97.4% 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.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $0

  • 1f · All other contributions, gifts and grants

    $0

  • 1g · Noncash contributions included above

    $0

  • 2a · Program service revenue: Premium Revenue

    total $128,624,530 · related or exempt $128,624,530 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: Net Patient Service Revenue

    total $1,255,672 · related or exempt $1,255,672 · unrelated business $0 · excluded $0

  • 2c · Program service revenue: Program Service Rental

    total $160,796 · related or exempt $160,796 · unrelated business $0 · excluded $0

  • 2f · All other program service revenue

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

  • 3 · Investment income

    total $1,270,728 · related or exempt $0 · unrelated business $0 · excluded $1,270,728

  • 4 · Income from investment of tax-exempt bond proceeds

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

  • 5 · Royalties

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

  • 6a · Gross rents

    real property $0 · personal property $0

  • 6b · Less rental expenses

    real property $0 · personal property $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $0 · other assets $3,000

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

    securities $0 · other assets $0

  • 7c · Gain or loss

    securities $0 · other assets $3,000

  • 7d · Net gain or loss

    total $3,000 · excluded $3,000

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0 · unrelated business $0 · excluded $0

  • 11d · All other revenue

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

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0 · program services $0

  • 2 · Grants to domestic individuals

    total $0 · program services $0

  • 3 · Grants to foreign organizations and individuals

    total $0 · program services $0

  • 4 · Benefits paid to or for members

    total $0 · program services $0

  • 5 · Compensation of officers, directors and key employees

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

  • 6 · Compensation of disqualified persons

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

  • 7 · Other salaries and wages

    total $13,268,854 · program services $11,992,615 · management and general $1,276,239 · fundraising $0

  • 8 · Pension plan contributions

    total $522,711 · program services $514,423 · management and general $8,288 · fundraising $0

  • 9 · Other employee benefits

    total $2,131,834 · program services $2,006,030 · management and general $125,804 · fundraising $0

  • 10 · Payroll taxes

    total $1,139,367 · program services $979,444 · management and general $159,923 · fundraising $0

  • 11a · Fees: management

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

  • 11b · Fees: legal

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

  • 11c · Fees: accounting

    total $41,800 · program services $0 · management and general $41,800 · fundraising $0

  • 11d · Fees: lobbying

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

  • 11e · Fees: professional fundraising services

    total $0 · fundraising $0

  • 11g · Fees: other

    total $13,923,593 · program services $12,839,856 · management and general $1,083,737 · fundraising $0

  • 12 · Advertising and promotion

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

  • 13 · Office expenses

    total $150,927 · program services $141,654 · management and general $9,273 · fundraising $0

  • 14 · Information technology

    total $65,006 · program services $378 · management and general $64,628 · fundraising $0

  • 15 · Royalties

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

  • 16 · Occupancy

    total $1,872,744 · program services $1,800,822 · management and general $71,922 · fundraising $0

  • 17 · Travel

    total $19,564 · program services $17,897 · management and general $1,667 · fundraising $0

  • 18 · Travel or entertainment for public officials

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

  • 19 · Conferences, conventions and meetings

    total $17,875 · program services $6,647 · management and general $11,228 · fundraising $0

  • 20 · Interest

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

  • 21 · Payments to affiliates

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

  • 22 · Depreciation, depletion and amortization

    total $2,476,960 · program services $2,476,960 · management and general $0 · fundraising $0

  • 23 · Insurance

    total $254,627 · program services $106,139 · management and general $148,488 · fundraising $0

  • 24a · Other expenses: Hospital and Pharmacy Claims

    total $88,131,354 · program services $88,131,354 · management and general $0 · fundraising $0

  • 24b · Other expenses: Vended Services from TCH

    total $5,580,269 · program services $5,146,956 · management and general $433,313 · fundraising $0

  • 24c · Other expenses: Pharmaceutical and Medical Supplies

    total $1,639,760 · program services $1,636,808 · management and general $2,952 · fundraising $0

  • 24d · Other expenses: Other Miscellaneous

    total $77,481 · program services $54,530 · management and general $22,951 · fundraising $0

  • 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 $6,019,619 · end of year $82,379

  • 2 · Savings and temporary cash investments

    beginning of year $17,732,177 · end of year $24,923,762

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $0 · end of year $0

  • 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 $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,097,333 · end of year $924,146

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

    $24,874,227

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

    $23,630,172

  • 10c · Land, buildings and equipment, net

    beginning of year $3,321,107 · end of year $1,244,055

  • 11 · Investments: publicly traded securities

    beginning of year $0 · end of year $0

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $5,456,080 · end of year $11,405,601

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,205,112 · end of year $2,991,849

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $3,447,261 · end of year $1,614,360

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    end of year $0

  • 22 · Loans and payables to officers and key people

    end of year $0

  • 23 · Secured mortgages and notes payable

    end of year $0

  • 24 · Unsecured notes and loans payable

    end of year $0

  • 25 · Other liabilities

    beginning of year $485,651 · end of year $7,485,442

  • 27 · Net assets without donor restrictions

    beginning of year $26,488,292 · end of year $26,488,292

  • 28 · Net assets with donor restrictions

    end of year $0

  • 29 · Capital stock, trust principal or current funds

    end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    end of year $0

  • 31 · Retained earnings, endowment or other funds

    end of year $0

Mission and programs · 2023

Mission

TO CREATE A HEALTHIER FUTURE FOR CHILDREN AND WOMEN THROUGHOUT OUR GLOBAL COMMUNITY BY LEADING IN PATIENT CARE, EDUCATION, AND RESEARCH.

  • TEXAS CHILDREN'S HEALTH PLAN - THE CENTER FOR CHILDREN AND WOMEN ("CCW"), IN FULFILLING ITS PURPOSE OF SUPPORTING TEXAS CHILDREN'S HEALTH PLAN, ESTABLISHES PATIENT AND FAMILY-CENTERED MEDICAL HOMES PROVIDING CARE TO PRIMARILY MEDICAID AND CHIP PATIENTS THAT ARE MEMBERS OF TEXAS CHILDREN'S HEALTH PLAN. THE MEDICAL HOMES ARE SPECIFICALLY IN SUPPORT OF TEXAS CHILDREN'S HEALTH PLAN'S MISSION TO PROVIDE CARE THAT IS ACCESSIBLE, COORDINATED, COMPREHENSIVE, CONTINUOUS, CULTURALLY SENSITIVE, COMMUNITY-BASED AND FAMILY-CENTERED.

    Expenses $127,852,513 · Revenue $130,040,998

As filed on the 2023 return.

Listed in Part VII

  • Lara S Shekerdemian MD

    BOARD MEMBER / VICE CHAIR

    Total calculated
    $405,100
    From this org
    $0
    From related orgs
    $206,200
    Other
    $198,900
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0 + $206,200 related
    Other
    $0
    Deferred
    $0 + $198,900 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $405,100 related

  • Michael A Belfort MD PhD

    BOARD MEMBER / CHAIR

    Total calculated
    $498,366
    From this org
    $0
    From related orgs
    $269,566
    Other
    $228,800
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0 + $231,630 related
    Other
    $0 + $37,936 related
    Deferred
    $0 + $228,800 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $498,366 related

  • James Versalovic MD PhD

    BOARD MEMBER

    Total calculated
    $400,683
    From this org
    $0
    From related orgs
    $229,083
    Other
    $171,600
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0 + $177,900 related
    Other
    $0 + $51,183 related
    Deferred
    $0 + $171,600 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $400,683 related

  • Jeffrey S Shilt MD

    BOARD MEMBER

    Total calculated
    $406,700
    From this org
    $0
    From related orgs
    $177,900
    Other
    $228,800
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0 + $177,900 related
    Other
    $0
    Deferred
    $0 + $228,800 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $406,700 related

  • Aisha Jamal

    BOARD SECRETARY AS OF 3/9/23

    Total calculated
    $825,100
    From this org
    $0
    From related orgs
    $542,606
    Other
    $282,494
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $318,628 related
    Bonus
    $0 + $176,900 related
    Other
    $0 + $47,078 related
    Deferred
    $0 + $263,659 related
    Nontaxable benefits
    $0 + $18,835 related
    Filer's total
    $0 + $825,100 related

  • Daniel R Diprisco

    PRESIDENT OF TCHPC AS OF 4/1/23

    Total calculated
    $1,657,238
    From this org
    $0
    From related orgs
    $1,033,119
    Other
    $624,119
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $649,715 related
    Bonus
    $0 + $219,089 related
    Other
    $0 + $164,315 related
    Deferred
    $0 + $582,227 related
    Nontaxable benefits
    $0 + $41,892 related
    Filer's total
    $0 + $1,657,238 related

  • Lance A Lightfoot

    BOARD SECRETARY THROUGH 3/8/23

    Total calculated
    $1,373,801
    From this org
    $0
    From related orgs
    $1,171,971
    Other
    $201,830
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $753,293 related
    Bonus
    $0 + $237,110 related
    Other
    $0 + $181,568 related
    Deferred
    $0 + $164,452 related
    Nontaxable benefits
    $0 + $37,378 related
    Filer's total
    $0 + $1,373,801 related

  • Michelle M Riley-Brown

    PRESIDENT OF TCHPC THROUGH 3/31/23

    Total calculated
    $508,419
    From this org
    $0
    From related orgs
    $482,896
    Other
    $25,523
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $255,803 related
    Bonus
    $0 + $24,143 related
    Other
    $0 + $202,950 related
    Deferred
    $0 + $9,900 related
    Nontaxable benefits
    $0 + $15,623 related
    Filer's total
    $0 + $508,419 related

  • Ijeoma Y Burns Fnp

    NURSE PRACTITIONER

    Total calculated
    $174,882
    From this org
    $142,917
    From related orgs
    $0
    Other
    $31,965
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $116,503
    Bonus
    $1,444
    Other
    $24,970
    Deferred
    $11,089
    Nontaxable benefits
    $20,876
    Filer's total
    $174,882

  • Jennifer L Dalton Msn RN

    DIRECTOR

    Total calculated
    $203,965
    From this org
    $172,959
    From related orgs
    $0
    Other
    $31,006
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $158,541
    Bonus
    $1,810
    Other
    $12,608
    Deferred
    $17,137
    Nontaxable benefits
    $13,869
    Filer's total
    $203,965

  • Jodi W Harris

    ASSISTANT VICE PRESIDENT

    Total calculated
    $321,882
    From this org
    $51,048
    From related orgs
    $224,293
    Other
    $46,541
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $39,656 + $132,423 related
    Bonus
    $0 + $48,000 related
    Other
    $11,392 + $43,870 related
    Deferred
    $1,520 + $30,805 related
    Nontaxable benefits
    $2,956 + $11,260 related
    Filer's total
    $55,524 + $266,358 related

  • Kate C Birkelbach Cpnp

    CLINICAL LEAD

    Total calculated
    $197,334
    From this org
    $146,885
    From related orgs
    $0
    Other
    $50,449
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $124,913
    Bonus
    $1,564
    Other
    $20,408
    Deferred
    $11,924
    Nontaxable benefits
    $38,525
    Filer's total
    $197,334

  • Tonja E Neely

    MANAGER AMBULATORY CLINICS

    Total calculated
    $184,900
    From this org
    $144,278
    From related orgs
    $0
    Other
    $40,622
    Hours/week
    38

    Schedule J breakdown matched by us

    Base
    $121,909
    Bonus
    $1,429
    Other
    $20,940
    Deferred
    $14,162
    Nontaxable benefits
    $26,460
    Filer's total
    $184,900

  • Anna E Mateja

    FORMER VICE PRESIDENT

    Total calculated
    $115,274
    From this org
    $0
    From related orgs
    $115,274
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0 + $115,274 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $115,274 related

  • Ivett T Shah

    FORMER SENIOR VICE PRESIDENT

    Total calculated
    $450,078
    From this org
    $0
    From related orgs
    $450,078
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0 + $450,078 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $450,078 related

  • Mark W Mullarkey

    FORMER PRESIDENT & TREASURER OF TCHPC

    Total calculated
    $451,887
    From this org
    $0
    From related orgs
    $439,064
    Other
    $12,823
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $135,875 related
    Bonus
    $0 + $22,862 related
    Other
    $0 + $280,327 related
    Deferred
    $0 + $4,830 related
    Nontaxable benefits
    $0 + $7,993 related
    Filer's total
    $0 + $451,887 related

  • Susan R Montgomery

    FORMER PRESIDENT & TREASURER OF TCHPC

    Total calculated
    $220,217
    From this org
    $0
    From related orgs
    $209,284
    Other
    $10,933
    Hours/week
    0 + 7 related

    Schedule J breakdown matched by us

    Base
    $0 + $109,324 related
    Bonus
    $0 + $22,668 related
    Other
    $0 + $77,292 related
    Deferred
    $0 + $2,452 related
    Nontaxable benefits
    $0 + $8,481 related
    Filer's total
    $0 + $220,217 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, 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

  • 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
DURING CALENDAR YEAR 2023, THE ORGANIZATION MADE A SEVERANCE PAYMENT TO IVETT T. SHAH IN THE AMOUNT OF $450,000 THAT WAS TREATED AS TAXABLE AND IS INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(III).
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 MARK W. MULLARKEY 172,517 / 0 AISHA JAMAL 0 / 39,800 DANIEL R. DIPRISCO 116,056 / 121,440 LANCE A. LIGHTFOOT 120,014 / 129,240 MICHELLE M. RILEY-BROWN 121,264 / 0 SUSAN R. MONTGOMERY 33,549 / 0 JODI HARRIS 0 / 17,048 THE 457(F) PLANS ARE NON-QUALIFIED DEFERRED COMPENSATION PLANS THAT ALLOW EXECUTIVES AND ELIGIBLE PHYSICIANS TO RECEIVE SUPPLEMENTAL 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 AFTER THE EARLIER OF 5 YEARS IN THE PLAN, THE ATTAINMENT OF AGE 60 WITH 75 POINTS DETERMINED AS THE SUM OF AGE AND YEARS OF SERVICE, OR AT AGE 65. THE 457(F) PLAN ALSO CONTAINS RESIDUAL CAPITAL APPRECIATION CONTRIBUTIONS FROM A FLEXIBLE BENEFIT ACCOUNT SURPLUS. THESE CONTRIBUTIONS VEST AFTER A MINIMUM OF 5 YEARS IN THE PLAN.
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 Hospital prior to calendar year 2023 and will be recovered partially or fully when the policy is terminated or transferred to the executive. Participants include the following executives: Mark W. Mullarkey, Michelle M. Riley-Brown, Lance A. Lightfoot, and Anna E. Mateja. Amounts for the surrendered cash value and/or earnings on the cash value were considered taxable to the following individual: Anna E. Mateja $115,274

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.

  • TCH INSURANCE COMPANY LTD

    C Corporation · INSURANCE · CJ

    Directly controlled by NA

  • CVI GVF HOLDINGS 3 LTD

    C Corporation · INVESTMENT · CJ

    Directly controlled by NA

Provenance

Return type
form_990
Tax year
2023
Filed
14 November 2024
IRS schema version
2023v5.1
Source object
202443199349302044

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