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Nonprofiteer
← HENDRICK ANETHESIA NETWORK

Form 990 for tax year 2024

Filed by HENDRICK ANETHESIA NETWORK.

Totals

Total revenue
$15,276,004
Total expenses
$30,994,507
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$15,271,103
Investment income
$3,045
Other revenue
$1,856
Total assets, end of year
$979,190
Total liabilities, end of year
$1,964,715
Net assets or fund balances, end of year
-$985,525
Program services expenses (Part IX)
$30,957,482
Management and general expenses
$37,025
Fundraising expenses
$0
Program service expenses (Part III)
$30,957,482

Program services were 99.9% 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.

  • 2a · Program service revenue: Private Pay & Insurance Carriers

    total $15,271,103 · related or exempt $15,271,103

  • 2f · All other program service revenue

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

  • 3 · Investment income

    total $3,045 · excluded $3,045

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 11a · Other revenue: Miscellaneous Revenue

    total $1,856 · excluded $1,856

  • 11d · All other revenue

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

  • 11e · Other revenue, total

    $1,856

Functional expenses

Part IX, the statement of functional expenses.

  • 4 · Benefits paid to or for members

    total $0 · program services $0

  • 5 · Compensation of officers, directors and key employees

    total $10,266,353 · program services $10,266,353

  • 7 · Other salaries and wages

    total $10,290,571 · program services $10,290,571

  • 9 · Other employee benefits

    total $790,237 · program services $790,237

  • 10 · Payroll taxes

    total $766,247 · program services $766,247

  • 11a · Fees: management

    total $30,602 · program services $30,602

  • 11c · Fees: accounting

    total $12,000 · management and general $12,000

  • 11g · Fees: other

    total $8,370,814 · program services $8,370,814 · management and general $0 · fundraising $0

  • 13 · Office expenses

    total $3,534 · program services $2,759 · management and general $775

  • 14 · Information technology

    total $12,336 · program services $12,336

  • 16 · Occupancy

    total $1,245 · program services $1,245

  • 17 · Travel

    total $30,708 · program services $30,481 · management and general $227

  • 23 · Insurance

    total $161,323 · program services $161,323

  • 24a · Other expenses: Professional Development

    total $139,808 · program services $139,808

  • 24b · Other expenses: Minor Equipment

    total $48,930 · program services $48,930

  • 24c · Other expenses: Dues & Subscriptions

    total $45,313 · program services $45,313

  • 24d · Other expenses: Time Allocations

    total $22,439 · management and general $22,439

  • 24e · All other expenses

    total $2,047 · program services $463 · management and general $1,584 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $0 · end of year $0

  • 2 · Savings and temporary cash investments

    beginning of year $246,918 · end of year $121,366

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $684,767 · end of year $853,712

  • 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 $0 · end of year $4,112

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

    $0

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

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 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 $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,657,684 · end of year $1,964,715

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $0 · end of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 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 $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year -$725,999 · end of year -$985,525

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

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

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $0 · end of year $0

Mission and programs · 2024

Mission

TO PROMOTE THE HEALTH AND WELFARE OF THE GENERAL PUBLIC BY PROVIDING QUALITY HEALTHCARE TO THE COMMUNITY.

  • PROVIDED AN ESTIMATED 15,663 MEDICAL PROCEDURES TO THE COMMUNITY WITH AN EMPHASIS ON THE PRACTICE OF ANESTHESIOLOGY.

    Expenses $30,957,482 · Revenue $15,271,103

As filed on the 2024 return.

Listed in Part VII

  • Brad Holland

    PRESIDENT/CEO

    Total calculated
    $1,812,647
    From this org
    $0
    From related orgs
    $1,583,697
    Other
    $228,950
    Hours/week
    2 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $947,737 related
    Bonus
    $0 + $422,464 related
    Other
    $0 + $213,496 related
    Deferred
    $0 + $186,603 related
    Nontaxable benefits
    $0 + $42,347 related
    Filer's total
    $0 + $1,812,647 related

  • Brandon Caddell

    CHAIR

    Total calculated
    $723,465
    From this org
    $655,127
    From related orgs
    $0
    Other
    $68,338
    Hours/week
    40 + 2 related

    Schedule J breakdown matched by us

    Base
    $648,281
    Bonus
    $0
    Other
    $6,846
    Deferred
    $25,520
    Nontaxable benefits
    $42,818
    Filer's total
    $723,465

  • Jeremy Walker

    VICE PRESIDENT/CFO

    Total calculated
    $806,962
    From this org
    $0
    From related orgs
    $730,357
    Other
    $76,605
    Hours/week
    2 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $478,046 related
    Bonus
    $0 + $195,673 related
    Other
    $0 + $56,638 related
    Deferred
    $0 + $48,016 related
    Nontaxable benefits
    $0 + $28,589 related
    Filer's total
    $0 + $806,962 related

  • Bradley Butler

    DIRECTOR

    Total calculated
    $672,466
    From this org
    $626,392
    From related orgs
    $0
    Other
    $46,074
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $620,410
    Bonus
    $0
    Other
    $5,982
    Deferred
    $27,448
    Nontaxable benefits
    $18,626
    Filer's total
    $672,466

  • Christopher Armstrong

    DIRECTOR

    Total calculated
    $728,362
    From this org
    $661,431
    From related orgs
    $0
    Other
    $66,931
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $655,449
    Bonus
    $0
    Other
    $5,982
    Deferred
    $23,773
    Nontaxable benefits
    $43,158
    Filer's total
    $728,362

  • Christopher Clinkscales

    DIRECTOR

    Total calculated
    $639,631
    From this org
    $563,182
    From related orgs
    $0
    Other
    $76,449
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $558,169
    Bonus
    $0
    Other
    $5,013
    Deferred
    $33,631
    Nontaxable benefits
    $42,818
    Filer's total
    $639,631

  • Dennis Carter

    DIRECTOR

    Total calculated
    $692,480
    From this org
    $622,825
    From related orgs
    $0
    Other
    $69,655
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $616,843
    Bonus
    $0
    Other
    $5,982
    Deferred
    $29,489
    Nontaxable benefits
    $40,166
    Filer's total
    $692,480

  • Doug McEwen

    DIRECTOR

    Total calculated
    $691,155
    From this org
    $623,437
    From related orgs
    $0
    Other
    $67,718
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $617,455
    Bonus
    $0
    Other
    $5,982
    Deferred
    $23,000
    Nontaxable benefits
    $44,718
    Filer's total
    $691,155

  • Jeremie Perry

    DIRECTOR

    Total calculated
    $657,221
    From this org
    $581,714
    From related orgs
    $0
    Other
    $75,507
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $575,732
    Bonus
    $0
    Other
    $5,982
    Deferred
    $29,489
    Nontaxable benefits
    $46,018
    Filer's total
    $657,221

  • John Ferguson

    DIRECTOR

    Total calculated
    $659,476
    From this org
    $586,536
    From related orgs
    $0
    Other
    $72,940
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $580,554
    Bonus
    $0
    Other
    $5,982
    Deferred
    $29,466
    Nontaxable benefits
    $43,474
    Filer's total
    $659,476

  • Joseph Erickson

    DIRECTOR

    Total calculated
    $695,235
    From this org
    $628,761
    From related orgs
    $0
    Other
    $66,474
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $622,455
    Bonus
    $0
    Other
    $6,306
    Deferred
    $23,000
    Nontaxable benefits
    $43,474
    Filer's total
    $695,235

  • Michael Price

    Physician

    Total calculated
    $680,869
    From this org
    $628,414
    From related orgs
    $0
    Other
    $52,455
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $612,432
    Bonus
    $10,000
    Other
    $5,982
    Deferred
    $35,659
    Nontaxable benefits
    $16,796
    Filer's total
    $680,869

  • Michael Sullivan

    DIRECTOR

    Total calculated
    $732,220
    From this org
    $666,100
    From related orgs
    $0
    Other
    $66,120
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $660,118
    Bonus
    $0
    Other
    $5,982
    Deferred
    $23,773
    Nontaxable benefits
    $42,347
    Filer's total
    $732,220

  • Ray Martin

    DIRECTOR

    Total calculated
    $672,615
    From this org
    $611,497
    From related orgs
    $0
    Other
    $61,118
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $605,515
    Bonus
    $0
    Other
    $5,982
    Deferred
    $17,830
    Nontaxable benefits
    $43,288
    Filer's total
    $672,615

  • Russell Hicks

    DIRECTOR

    Total calculated
    $683,256
    From this org
    $630,270
    From related orgs
    $0
    Other
    $52,986
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $624,288
    Bonus
    $0
    Other
    $5,982
    Deferred
    $23,773
    Nontaxable benefits
    $29,213
    Filer's total
    $683,256

  • Stephen Lowry

    DIRECTOR

    Total calculated
    $719,092
    From this org
    $646,658
    From related orgs
    $0
    Other
    $72,434
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $640,586
    Bonus
    $0
    Other
    $6,072
    Deferred
    $30,500
    Nontaxable benefits
    $41,934
    Filer's total
    $719,092

  • Tamara Dutter

    DIRECTOR

    Total calculated
    $618,813
    From this org
    $553,793
    From related orgs
    $0
    Other
    $65,020
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $547,957
    Bonus
    $667
    Other
    $5,169
    Deferred
    $22,478
    Nontaxable benefits
    $42,542
    Filer's total
    $618,813

  • Michael Beitzel

    Physician

    Total calculated
    $642,090
    From this org
    $573,153
    From related orgs
    $0
    Other
    $68,937
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $569,213
    Bonus
    $0
    Other
    $3,940
    Deferred
    $22,919
    Nontaxable benefits
    $46,018
    Filer's total
    $642,090

  • Phillip Hendley

    Physician

    Total calculated
    $667,707
    From this org
    $572,312
    From related orgs
    $0
    Other
    $95,395
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $562,312
    Bonus
    $10,000
    Other
    $0
    Deferred
    $52,627
    Nontaxable benefits
    $42,768
    Filer's total
    $667,707

  • Priscilla Kortyna

    Cert Reg Nurse Anesthetist (CR

    Total calculated
    $440,101
    From this org
    $394,138
    From related orgs
    $0
    Other
    $45,963
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $347,975
    Bonus
    $12,500
    Other
    $33,663
    Deferred
    $26,096
    Nontaxable benefits
    $19,867
    Filer's total
    $440,101

  • Roel De Los Santos

    Cert Reg Nurse Anesthetist (CR

    Total calculated
    $345,051
    From this org
    $337,741
    From related orgs
    $0
    Other
    $7,310
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $284,473
    Bonus
    $20,000
    Other
    $33,268
    Deferred
    $7,310
    Nontaxable benefits
    $0
    Filer's total
    $345,051

  • Walt Kelley

    Physician

    Total calculated
    $668,927
    From this org
    $603,096
    From related orgs
    $0
    Other
    $65,831
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $602,346
    Bonus
    $750
    Other
    $0
    Deferred
    $23,013
    Nontaxable benefits
    $42,818
    Filer's total
    $668,927

  • David Stephenson

    Vice President

    Total calculated
    $310,370
    From this org
    $0
    From related orgs
    $278,866
    Other
    $31,504
    Hours/week
    10 + 44 related

    Schedule J breakdown matched by us

    Base
    $0 + $278,866 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $5,968 related
    Nontaxable benefits
    $0 + $25,536 related
    Filer's total
    $0 + $310,370 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

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 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 3 Arrangement used to establish the top management official's compensation
METHOD USED BY HENDRICK MEDICAL CENTER TO ESTABLISH RELATED COMPENSATION OF THE OFFICERS: COMPENSATION COMMITTEE INDEPENDENT COMPENSATION CONSULTANT WRITTEN EMPLOYMENT CONTRACT COMPENSATION SURVEY OR STUDY APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE
Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
PARTICIPANTS IN 457(F) | REPORTED IN W-2 | DEF. COMP | PAID BY --------------------------------------------------------------------------------------- JEREMY WALKER | $ 56,638 | $48,016 | HMC DAVID STEPHENSON | $ 0 | $ 5,968 | HPN BRAD HOLLAND | $ 213,496 | $ 186,603 | HMC

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.

  • HENDRICK HEALTH NETWORK

    C Corporation · HEALTH INSURANCE · TX · 0% owned · share of income $0 · share of assets $0 · controlled entity

    Directly controlled by HMC

  • HENDRICK SOUTHWESTERN HEALTH DEV CORP

    C Corporation · RETAIL SALES · TX · 0% owned · share of income $0 · share of assets $0 · controlled entity

    Directly controlled by HMC

Provenance

Return type
form_990
Tax year
2024
Filed
15 July 2026
IRS schema version
2024v5.1
Source object
202631959349301683

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