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Nonprofiteer
← HENDRICK ANETHESIA NETWORK

Form 990 for tax year 2023

Filed by HENDRICK ANETHESIA NETWORK.

Totals

Total revenue
$15,309,662
Total expenses
$30,140,752
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$15,305,383
Investment income
$1,114
Other revenue
$3,165
Total assets, end of year
$931,685
Total liabilities, end of year
$1,657,684
Net assets or fund balances, end of year
-$725,999
Program services expenses (Part IX)
$30,096,405
Management and general expenses
$44,347
Fundraising expenses
$0
Program service expenses (Part III)
$30,096,405

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.

  • 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: Private Pay & Insurance Carriers

    total $15,305,383 · related or exempt $15,305,383 · unrelated business $0 · excluded $0

  • 2b · Program service revenue

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

  • 2c · Program service revenue

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

  • 2d · Program service revenue

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

  • 2e · Program service revenue

    total $0 · related or exempt $0 · 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 $1,114 · related or exempt $0 · unrelated business $0 · excluded $1,114

  • 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

  • 6d · Net rental income or loss

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

  • 7a · Gross sales of assets other than inventory

    securities $0 · other assets $0

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

    securities $0 · other assets $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 7d · Net gain or loss

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

  • 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

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

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

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

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

  • 11a · Other revenue: Miscellaneous Revenue

    total $3,165 · related or exempt $0 · unrelated business $0 · excluded $3,165

  • 11b · Other revenue

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

  • 11c · Other revenue

    total $0 · related or exempt $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

    $3,165

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $7,894,414 · program services $7,894,414

  • 7 · Other salaries and wages

    total $10,426,188 · program services $10,426,188

  • 8 · Pension plan contributions

    total $493,495 · program services $493,495

  • 9 · Other employee benefits

    total $914,908 · program services $914,908

  • 10 · Payroll taxes

    total $717,462 · program services $717,462

  • 11a · Fees: management

    total $43,252 · program services $43,252

  • 11c · Fees: accounting

    total $13,000 · management and general $13,000

  • 11g · Fees: other

    total $9,255,747 · program services $9,255,747 · management and general $0 · fundraising $0

  • 13 · Office expenses

    total $4,207 · program services $3,424 · management and general $783

  • 17 · Travel

    total $11,022 · program services $11,022

  • 23 · Insurance

    total $167,890 · program services $167,890

  • 24a · Other expenses: Professional Development

    total $70,983 · program services $70,983

  • 24b · Other expenses: Dues & Subscriptions

    total $56,966 · program services $56,966

  • 24c · Other expenses: Minor Equipment

    total $38,867 · program services $38,867

  • 24d · Other expenses: Time Allocations

    total $29,435 · management and general $29,435

  • 24e · All other expenses

    total $2,916 · program services $1,787 · management and general $1,129 · 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 $92,776 · end of year $246,918

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $1,018,367 · end of year $684,767

  • 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 $0

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

    $0

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

    $0

  • 10c · Land, buildings and equipment, net

    end of year $0

  • 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

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,277,470 · end of year $1,657,684

  • 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 -$1,166,327 · end of year -$725,999

  • 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 · 2023

Mission

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

  • PROVIDED AN ESTIMATED 16,070 MEDICAL PROCEDURES TO THE COMMUNITY WITH AN EMPHASIS ON THE PRACTICE OF ANESTHESIOLOGY.

    Expenses $30,096,405 · Revenue $15,305,383

As filed on the 2023 return.

Listed in Part VII

  • Brad Holland

    President

    Total calculated
    $1,644,883
    From this org
    $0
    From related orgs
    $1,433,865
    Other
    $211,018
    Hours/week
    2 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $873,225 related
    Bonus
    $0 + $412,905 related
    Other
    $0 + $147,735 related
    Deferred
    $0 + $173,855 related
    Nontaxable benefits
    $0 + $37,163 related
    Filer's total
    $0 + $1,644,883 related

  • Brandon Caddell

    CHAIR

    Total calculated
    $684,327
    From this org
    $647,148
    From related orgs
    $0
    Other
    $37,179
    Hours/week
    40 + 2 related

    Schedule J breakdown matched by us

    Base
    $647,148
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $37,179
    Filer's total
    $684,327

  • Jeremy Walker

    CFO

    Total calculated
    $743,592
    From this org
    $0
    From related orgs
    $672,605
    Other
    $70,987
    Hours/week
    2 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $441,078 related
    Bonus
    $0 + $191,240 related
    Other
    $0 + $40,287 related
    Deferred
    $0 + $44,735 related
    Nontaxable benefits
    $0 + $26,252 related
    Filer's total
    $0 + $743,592 related

  • Bradley Butler

    DIRECTOR

    Total calculated
    $645,448
    From this org
    $627,791
    From related orgs
    $0
    Other
    $17,657
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $627,791
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $17,657
    Filer's total
    $645,448

  • Christopher Armstrong

    DIRECTOR

    Total calculated
    $657,385
    From this org
    $619,816
    From related orgs
    $0
    Other
    $37,569
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $619,816
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $37,569
    Filer's total
    $657,385

  • Dennis Carter

    DIRECTOR

    Total calculated
    $664,485
    From this org
    $625,332
    From related orgs
    $0
    Other
    $39,153
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $625,332
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $39,153
    Filer's total
    $664,485

  • Doug McEwen

    DIRECTOR

    Total calculated
    $670,307
    From this org
    $631,761
    From related orgs
    $0
    Other
    $38,546
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $631,761
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $38,546
    Filer's total
    $670,307

  • Jeremie Perry

    DIRECTOR

    Total calculated
    $621,375
    From this org
    $580,626
    From related orgs
    $0
    Other
    $40,749
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $580,626
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $40,749
    Filer's total
    $621,375

  • John Ferguson

    DIRECTOR

    Total calculated
    $621,305
    From this org
    $583,455
    From related orgs
    $0
    Other
    $37,850
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $583,455
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $37,850
    Filer's total
    $621,305

  • Joseph Erickson

    DIRECTOR

    Total calculated
    $659,807
    From this org
    $621,957
    From related orgs
    $0
    Other
    $37,850
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $621,957
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $37,850
    Filer's total
    $659,807

  • Michael Sullivan

    DIRECTOR

    Total calculated
    $705,331
    From this org
    $668,088
    From related orgs
    $0
    Other
    $37,243
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $668,088
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $37,243
    Filer's total
    $705,331

  • Ray Martin

    DIRECTOR

    Total calculated
    $652,696
    From this org
    $614,997
    From related orgs
    $0
    Other
    $37,699
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $614,997
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $37,699
    Filer's total
    $652,696

  • Russell Hicks

    DIRECTOR

    Total calculated
    $658,313
    From this org
    $620,094
    From related orgs
    $0
    Other
    $38,219
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $620,094
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $38,219
    Filer's total
    $658,313

  • Stephen Lowry

    DIRECTOR

    Total calculated
    $653,635
    From this org
    $616,755
    From related orgs
    $0
    Other
    $36,880
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $616,755
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $36,880
    Filer's total
    $653,635

  • David Stephenson

    Vice President

    Total calculated
    $343,964
    From this org
    $0
    From related orgs
    $300,909
    Other
    $43,055
    Hours/week
    10 + 44 related

    Schedule J breakdown matched by us

    Base
    $0 + $284,763 related
    Bonus
    $0
    Other
    $0 + $16,146 related
    Deferred
    $0 + $17,256 related
    Nontaxable benefits
    $0 + $25,799 related
    Filer's total
    $0 + $343,964 related

  • Michael Murphy

    CONSULTANT

    Total calculated
    $582,625
    From this org
    $0
    From related orgs
    $541,073
    Other
    $41,552
    Hours/week
    2 + 44 related

    Schedule J breakdown matched by us

    Base
    $0 + $383,313 related
    Bonus
    $0 + $157,760 related
    Other
    $0
    Deferred
    $0 + $15,000 related
    Nontaxable benefits
    $0 + $26,552 related
    Filer's total
    $0 + $582,625 related

  • Christopher Clinkscales

    Physician

    Total calculated
    $491,809
    From this org
    $454,040
    From related orgs
    $0
    Other
    $37,769
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $454,040
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $37,769
    Filer's total
    $491,809

  • Michael Beitzel

    Physician

    Total calculated
    $511,905
    From this org
    $472,359
    From related orgs
    $0
    Other
    $39,546
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $462,359
    Bonus
    $10,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $39,546
    Filer's total
    $511,905

  • Michael Price

    Physician

    Total calculated
    $630,221
    From this org
    $614,139
    From related orgs
    $0
    Other
    $16,082
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $604,139
    Bonus
    $10,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $16,082
    Filer's total
    $630,221

  • Phillip Hendley

    Physician

    Total calculated
    $527,149
    From this org
    $488,930
    From related orgs
    $0
    Other
    $38,219
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $478,930
    Bonus
    $10,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $38,219
    Filer's total
    $527,149

  • Walt Kelley

    Physician

    Total calculated
    $556,570
    From this org
    $518,437
    From related orgs
    $0
    Other
    $38,133
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $508,437
    Bonus
    $10,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $38,133
    Filer's total
    $556,570

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 | $ 40,287 | $ 44,735 | HMC DAVID STEPHENSON | $ 16,146 | $ 17,256 | HPN BRAD HOLLAND | $ 147,735 | $ 173,855 | 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 partnerships

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

  • TEXAS MIDWEST SURGERY CENTER

    Related · SURGERY CENTER · TX

    Directly controlled by HMC

Related corporations and trusts

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

  • HENDRICK HEALTH NETWORK

    C Corporation · HEALTH INSURANCE · TX · controlled entity

    Directly controlled by HMC

  • HENDRICK SOUTHWESTERN HEALTH DEV CORP

    C Corporation · RETAIL SALES · TX · controlled entity

    Directly controlled by HMC

Provenance

Return type
form_990
Tax year
2023
Filed
14 July 2025
IRS schema version
2023v6.0
Source object
202541959349301894

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