Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $70,277

• 1c · Fundraising events

  $91,494

• 1d · Related organizations

  $9,715

• 1f · All other contributions, gifts and grants

  $10,523,688

• 1g · Noncash contributions included above

  $1,260

• 2f · All other program service revenue

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

• 3 · Investment income

  total $4,180,040 · excluded $4,180,040

• 5 · Royalties

  total $12,580 · excluded $12,580

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7a · Gross sales of assets other than inventory

  securities $8,194,428 · other assets $266,800

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

  securities $6,079,965

• 7c · Gain or loss

  securities $2,114,463 · other assets $266,800

• 7d · Net gain or loss

  total $2,381,263 · excluded $2,381,263

• 8a · Fundraising events: gross income

  $149,406

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

  $91,494

• 8b · Fundraising events: direct expenses

  $456,995

• 8c · Net income from fundraising events

  total -$307,589 · excluded -$307,589

• 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 $12,925,777 · program services $12,925,777

• 2 · Grants to domestic individuals

  total $244,450 · program services $244,450

• 11c · Fees: accounting

  total $28,848 · management and general $28,848

• 11f · Fees: investment management

  total $27,071 · management and general $27,071

• 11g · Fees: other

  total $26,948 · program services $0 · management and general $0 · fundraising $26,948

• 12 · Advertising and promotion

  total $61,512 · fundraising $61,512

• 13 · Office expenses

  total $213,382 · fundraising $213,382

• 14 · Information technology

  total $97,700 · fundraising $97,700

• 16 · Occupancy

  total $62,575 · management and general $59,380 · fundraising $3,195

• 24a · Other expenses: REIMBURSEMENT SALARIES & BENEFITS MHS

  total $2,806,847 · program services $0 · management and general $0 · fundraising $2,806,847

• 24b · Other expenses: OTHER OPERATING COSTS

  total $14,970 · program services $0 · management and general $14,970 · 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 $1,639 · end of year $45,588

• 2 · Savings and temporary cash investments

  beginning of year $32,642,056 · end of year $14,556,983

• 3 · Pledges and grants receivable

  beginning of year $2,995,267 · end of year $1,906,587

• 4 · Accounts receivable

  beginning of year $149,618 · end of year $124,572

• 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

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

  $80,400

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

  $0

• 10c · Land, buildings and equipment, net

  beginning of year $80,400 · end of year $80,400

• 11 · Investments: publicly traded securities

  beginning of year $131,617,813 · end of year $164,251,754

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $0

• 15 · Other assets

  beginning of year $0 · end of year $0

• 19 · Deferred revenue

  beginning of year $0

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 25 · Other liabilities

  beginning of year $1,298,734 · end of year $1,870,678

• 27 · Net assets without donor restrictions

  beginning of year $113,962,975 · end of year $124,711,074

• 28 · Net assets with donor restrictions

  beginning of year $52,225,084 · end of year $54,384,132

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 3 ARRANGEMENT USED TO ESTABLISH THE TOP MANAGEMENT OFFICIAL'S COMPENSATION

COMPENSATION FOR OFFICERS AND KEY EMPLOYEES IS PAID BY METHODIST HOSPITALS OF DALLAS, WHICH USES A FORMAL REVIEW PROCESS TO REVIEW COMPENSATION OF EMPLOYEES. THE FORMAL REVIEW PROCESS INCLUDES THE USE OF THE FOLLOWING METHODS TO ESTABLISH COMPENSATION OF THE TOP MANAGEMENT OFFICIALS: 1) A COMPENSATION COMMITTEE, 2) AN INDEPENDENT COMPENSATION CONSULTANT, 3) A COMPENSATION SURVEY OR STUDY, 4) APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE, AND 5) CONTEMPORANEOUSLY SUBSTANTIATED THE DELIBERATION AND DECISION. OFFICERS COMPENSATION IS SUBJECT TO FURTHER REVIEW BY THE BOARD OF METHODIST HOSPITALS OF DALLAS.

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

ANY OF THE REPORTABLE INDIVIDUALS WHO ARE DETAILED AS BEING PAID BY A RELATED ORGANIZATION MAY HAVE DEFERRED AMOUNTS TO OR DISTRIBUTIONS FROM A SECTION 457(F) NON-QUALIFIED PLAN WHICH ARE INCLUDED IN THE APPLICABLE SECTIONS OF SCHEDULE J, PART II. 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. 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 AND PAID, RESPECTIVELY, ARE INCLUDED IN THE AMOUNTS REPORTED ON SCHEDULE J, PART II, COLUMNS B(III), (C), OR (F). CRAIG BJERKE $113,364 / $94,571 JAMES C. SCOGGIN JR. $0 / $703,446 JAMES JOHNSTON $0 / $53,350

Related partnerships

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

• METDALSPI HOLDING LLC

  N/A · HOLDING COMPANY · TX

  Directly controlled by NA

• METHODIST DIAGNOSTIC IMAGING OF TEXAS LLC

  N/A · MANAGEMENT SERVICES · TX

  Directly controlled by NA

• METHODIST TRANSITIONAL CARE CENTER - DESOTO LLC

  N/A · SKILLED NURSING AND REHABILITATION CENTER · TX

  Directly controlled by NA

• METHODIST URGENT CARE OF TEXAS LLC

  N/A · MEDICAL SERVICES · TX

  Directly controlled by NA

• METSL PROPERTY INVESTOR LLC

  N/A · GROUND LEASE · TX

  Directly controlled by NA

• MHD-USO MANAGEMENT COMPANY LP

  N/A · MEDICAL SERVICES · TX

  Directly controlled by NA

• MHS-CHC I LP

  N/A · REHAB HOSPITAL · TX

  Directly controlled by NA

• MHS-CHC LLC

  N/A · HOSPITAL SERVICES · TX

  Directly controlled by NA

• MSP ASC HOLDINGS LLC

  N/A · HOLDING COMPANY · TX

  Directly controlled by NA

• MSP MCKINNEY HOLDINGS LLC

  N/A · HOLDING COMPANY · TX

  Directly controlled by NA

• NORTH TEXAS PARAMEDIC EDUCATION CONSORTIUM LLC

  N/A · PARAMEDIC TRAINING · TX

  Directly controlled by NA

Related corporations and trusts

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

• NORTH TEXAS HEALTH FACILITIES MANAGEMENT

  C CORPORATION · FACILITY AND PHYSICIAN MGMT · TX

  Directly controlled by NA

• COLLECTECH FINANCIAL SERVICES INC

  C CORPORATION · BILLING AND COLLECTION · TX

  Directly controlled by NA

• METHODIST-RAYUS

  C CORPORATION · IMAGING · TX

  Directly controlled by NA