Texas Health Harris Methodist Hospital Alliance
- Assets
- $159.9m
- Revenue
- $182.7m
- Investments
- $0.0
- Employees
- 908
- Location
- Fort Worth, TX
- Founding
- 07/2013
- Data as of
- 12/2021
- EIN
- 45-1502252
Organization Overview
Texas Health Harris Methodist Hospital Alliance, operating under the name Texas Health Alliance, is located in Fort Worth, TX. The organization was established in 2013. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2021, Texas Health Alliance employed 908 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Health Alliance is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Texas Health Alliance generated $182.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 10.0% each year. All expenses for the organization totaled $143.7m during the year ending 12/2021. While expenses have increased by 8.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Texas Health Alliance has awarded 52 individual grants totaling $4,687,136. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
A FAITH-BASED ORGANIZATION WHOSE MISSION IS TO IMPROVE THE HEALTH OF THE PEOPLE IN THE COMMUNITIES IT SERVES REGARDLESS OF THEIR ABILITY TO PAY.
Describe the Organization's Program Activity:
TEXAS HEALTH HARRIS METHODIST HOSPITAL ALLIANCE (THAL) WAS FORMED IN 2011 FOR THE PURPOSE OF BUILDING AND OPERATING AN ACUTE CARE HOSPITAL TO SERVE THE NORTH TARRANT COUNTY POPULATION. IN SEPTEMBER 2012, THAL OPENED ITS DOORS, WITH 125 STAFFED BEDS TO IMPACT LIVES WITH ITS COST-EFFICIENT, HIGH-QUALITY HEALTH CARE, PERSONALIZED APPROACH AND WELL-BEING INITIATIVES. THAL IS A FULL-SERVICE HOSPITAL OFFERING EMERGENCY CARE, WOMEN AND INFANTS' SERVICES WITH A LEVEL III NEONATAL ICU, SURGICAL SERVICES, A THERAPY CENTER, IMAGING AND RADIOLOGY, GENERAL MEDICINE, AND COMMUNITY WELLNESS AND EDUCATION RESOURCES. DURING THE YEAR, THAL HAD 28,288 PATIENT DAYS, 7,660 DISCHARGES, 41,927 OUTPATIENT ENCOUNTERS, 35,242 EMERGENCY ROOM VISITS AND 1,984 BIRTHS. THAL PROVIDES QUALITY MEDICAL HEALTHCARE REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, HANDICAP, AGE, OR ABILITY TO PAY. THE HOSPITAL PROVIDES CARE TO PERSONS COVERED BY GOVERNMENTAL PROGRAMS INCLUDING MEDICARE AND MEDICAID FOR REIMBURSEMENT THAT DOES NOT ALWAYS COVER THE COST OF PROVIDING THE CARE. RECOGNIZING ITS MISSION TO THE COMMUNITY, SERVICES ARE PROVIDED TO BOTH FINANCIALLY INDIGENT AND MEDICALLY INDIGENT PATIENTS. COMMUNITY BENEFIT IS PROVIDED THROUGH MANY REDUCED-PRICE SERVICES AND PROGRAMS TO THE COMMUNITY. THESE SERVICES ARE ESSENTIAL TO PROVIDING COMPLETE HEALTHCARE TO THE COMMUNITIES SERVED. THAL PARTNERS WITH LOCAL EMERGENCY RESPONDERS IN THE "VIAL OF LIFE" KIT DISTRIBUTION. IN AN EMERGENCY, TIME IS CRUCIAL. THE "VIAL OF LIFE" KIT ENABLES EMERGENCY RESPONDERS TO QUICKLY LOCATE HELPFUL INFORMATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mathurmonika Chief Medical Officer Thal | Officer | 40 | $545,428 |
Abernathyclint President Thal | Officer | 40 | $404,938 |
Slattonkendra L Chief Nursing Officer Thal | Officer | 40 | $351,473 |
Maasjoel A Pharmacist Clin | 40 | $200,508 | |
Martineztracy Payne Prof & Support Svcs Officer | 40 | $198,032 | |
Martinnolan Rashad Dir Pharmacy | 40 | $193,123 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Texas Health Resources Management Fee | 12/30/21 | $21,387,229 |
Texas Health Physicians Group Physician Services | 12/30/21 | $1,959,600 |
North Texas Healthcare Laundry Coop Laundry Services | 12/30/21 | $415,387 |
Obhg Texas Holding Gs Pa Patient Services | 12/30/21 | $1,535,215 |
Pediatrix Medical Group Of Texas Patient Services | 12/30/21 | $696,875 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $73,190 |
| Government grants | $2,855,170 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $3,984 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,928,360 |
| Total Program Service Revenue | $179,476,324 |
| Investment income | $753 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,390 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$94,381 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $182,683,381 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $191,888 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,525,787 |
| Compensation of current officers, directors, key employees. | $1,525,787 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $54,565,499 |
| Pension plan accruals and contributions | $2,130,788 |
| Other employee benefits | $7,190,805 |
| Payroll taxes | $3,771,854 |
| Fees for services: Management | $21,387,229 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,539,528 |
| Advertising and promotion | $3,822 |
| Office expenses | $306,255 |
| Information technology | $514,125 |
| Royalties | $0 |
| Occupancy | $3,892,690 |
| Travel | $6,687 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,583 |
| Interest | $2,751,203 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,053,271 |
| Insurance | $1,470,333 |
| All other expenses | $3,069,780 |
| Total functional expenses | $143,729,908 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$25,458 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $25,621,499 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,619,684 |
| Prepaid expenses and deferred charges | $722,645 |
| Net Land, buildings, and equipment | $128,303,441 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,702,398 |
| Total assets | $159,944,209 |
| Accounts payable and accrued expenses | $12,624,392 |
| Grants payable | $0 |
| Deferred revenue | $1,929,412 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,168,458 |
| Total liabilities | $17,722,262 |
| Net assets without donor restrictions | $142,221,947 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $159,944,209 |
Grants Awarded
Over the last fiscal year, Texas Health Harris Methodist Hospital Alliance has awarded $163,936 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Arlington, TX PURPOSE: Indigent Health Care | $59,911 |
NORTHWEST ISD PURPOSE: general purpose | $30,000 |
Keller, TX PURPOSE: SPONSORSHIP | $25,000 |
Arlington, VA PURPOSE: GENERAL PURPOSE | $17,500 |
Fort Worth, TX PURPOSE: GENERAL PURPOSE | $12,100 |
Roanoke, TX PURPOSE: SPONSORSHIPS | $11,925 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Texas Health Harris Methodist Hospital Alliance has recieved totaling $66,693.
| Awarding Organization | Amount |
|---|---|
Texas Health Resources Foundation Arlington, TX PURPOSE: See Part IV | $66,693 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Christus Santa Rosa Health Care Corporation San Antonio, TX | $823,819,499 | $885,757,284 |
Methodist Hospital Houston, TX | $130,604,579 | $883,101,957 |
Louisiana Childrens Medical Center New Orleans, LA | $2,940,292,717 | $460,794,221 |
Scott & White Hospital Round Rock Dallas, TX | $428,231,823 | $458,358,990 |
United Regional Health Care System Inc Wichita Falls, TX | $1,016,288,839 | $486,094,046 |
Lcmc Health Holdings Inc Metairie, LA | $287,653,547 | $326,861,624 |
Baptist Hospitals Of Southeast Texas Beaumont, TX | $264,515,722 | $327,761,225 |
St Lukes Community Health Services Houston, TX | $300,380,882 | $290,157,222 |
Integris Rural Health Inc Oklahoma City, OK | $386,963,329 | $273,326,592 |
Christus Health Northern Louisiana Shreveport, LA | $207,885,296 | $252,498,932 |
Texas Health Huguley Inc Burleson, TX | $308,074,574 | $280,176,090 |
Scott & White Hospital - College Station Dallas, TX | $344,731,459 | $267,018,613 |