Texas Health Huguley Inc
- Assets
- $308.1m
- Revenue
- $280.2m
- Investments
- $18.6m
- Employees
- 0
- Location
- Burleson, TX
- Founding
- 08/2013
- Data as of
- 12/2021
- EIN
- 45-2694620
Organization Overview
Texas Health Huguley Inc is located in Burleson, 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Health Huguley Inc 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 Huguley Inc generated $280.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $231.1m during the year ending 12/2021. While expenses have increased by 4.8% 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 Huguley Inc has awarded 29 individual grants totaling $392,315. 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
THE PROVISION OF MEDICAL CARE TO THE COMMUNITY THROUGH THE OPERATION OF A 327 BED HOSPITAL.
Describe the Organization's Program Activity:
OPERATION OF AN ACUTE CARE HOSPITAL TOTALING 327 BEDS WITH 11,582 PATIENT ADMISSIONS, 54,381 PATIENT DAYS, AND 124,891 OUTPATIENT VISITS IN THE CURRENT YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Johnson Penny CEO | Officer | 25 | $1,300,909 |
Laue MD Ed Cmo (end 06/21) | Officer | 35 | $344,438 |
Ellis Tammy Cno | Officer | 30 | $204,363 |
Lemon Sean COO (beg 08/21) | Officer | 40 | $191,140 |
Sutton Jesse CFO | Officer | 15 | $172,518 |
Ford MD Ronny Director(end06/21)/cmo(beg06/21) | Trustee | 35 | $118,906 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Beck Group General Contractor | 12/30/21 | $5,622,396 |
Sound Physicians Of New Mexico Hospitalist Staffing | 12/30/21 | $3,958,371 |
Maxim Healthcare Services Inc Staffing Services | 12/30/21 | $1,124,071 |
Northstar Anesthesia Pa Anesthesia Services | 12/30/21 | $985,611 |
Huguley Pathology Consultants Pa Laboratory Medical Director/subsidy Serv | 12/30/21 | $1,077,496 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,873,110 |
| All other contributions, gifts, grants, and similar amounts not included above | $25,329 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,898,439 |
| Total Program Service Revenue | $265,508,812 |
| Investment income | $2,276,553 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $15,804 |
| Net Gain/Loss on Asset Sales | $2,488,366 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $280,176,090 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $80,585 |
| 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. | $2,255,955 |
| Compensation of current officers, directors, key employees. | $2,255,955 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $96,503 |
| Fees for services: Accounting | $180,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $194,695 |
| Fees for services: Other | $144,256,954 |
| Advertising and promotion | $241,794 |
| Office expenses | $3,736,603 |
| Information technology | $10,170,016 |
| Royalties | $0 |
| Occupancy | $6,624,682 |
| Travel | $154,527 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $438,262 |
| Interest | $3,023 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,891,923 |
| Insurance | $404,463 |
| All other expenses | $279,892 |
| Total functional expenses | $231,118,714 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,899 |
| Savings and temporary cash investments | $78,624,995 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $34,398,478 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $6,667,846 |
| Prepaid expenses and deferred charges | $9,634,261 |
| Net Land, buildings, and equipment | $141,828,171 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $18,634,919 |
| Investments—program-related | $0 |
| Intangible assets | $40,329 |
| Other assets | $18,239,676 |
| Total assets | $308,074,574 |
| Accounts payable and accrued expenses | $7,162,487 |
| Grants payable | $0 |
| Deferred revenue | $16,668,223 |
| 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 | $12,004,635 |
| Total liabilities | $35,835,345 |
| Net assets without donor restrictions | $270,470,464 |
| Net assets with donor restrictions | $1,768,765 |
| 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 | $308,074,574 |
Grants Awarded
Over the last fiscal year, Texas Health Huguley Inc has awarded $64,835 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Keene, TX PURPOSE: GENERAL SUPPORT | $17,500 |
BURLESON ISD PURPOSE: GENERAL SUPPORT | $12,750 |
Burleson, TX PURPOSE: GENERAL SUPPORT | $11,500 |
CITY OF BURLESON PURPOSE: GENERAL SUPPORT | $9,985 |
Burleson, TX PURPOSE: GENERAL SUPPORT | $7,100 |
KEENE CHAMBER OF COMMERCE PURPOSE: GENERAL SUPPORT | $6,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Texas Health Huguley Inc has recieved totaling $15,588.
| Awarding Organization | Amount |
|---|---|
Texas Health Resources Foundation Arlington, TX PURPOSE: Capital, Community Outreach, Education | $15,588 |
Endowment Analysis
| Beg. Balance | $1,413,027 |
| Earnings | $186,470 |
| Other Expense | $186,470 |
| Ending Balance | $1,413,027 |
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 |