Driscoll Childrens Health Plan
- Assets
- $482.4m
- Revenue
- $1.2b
- Investments
- $0.0
- Employees
- 528
- Location
- Corpus Christi, TX
- Founding
- 03/2009
- Data as of
- 12/2022
- EIN
- 74-2838488
Organization Overview
Driscoll Childrens Health Plan is located in Corpus Christi, TX. The organization was established in 2009. According to its NTEE Classification (E80) the organization is classified as: Health (General & Financing), under the broad grouping of Health Care and related organizations. As of 12/2022, Driscoll Childrens Health Plan employed 528 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Driscoll Childrens Health Plan 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 12/2022, Driscoll Childrens Health Plan generated $1.2b in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.7% each year . All expenses for the organization totaled $1.2b during the year ending 12/2022. While expenses have increased by 12.6% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
COMMITTED TO PROVIDING EFFICIENT, COST-EFFECTIVE, QUALITY CARE THROUGH A DEDICATED AND COMPASSIONATE HEALTH CARE TEAM & RESPECTFUL COLLABORATION WITH ITS PROVIDER NETWORK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Board Member/secretary | OfficerTrustee | 1 | $0 |
Name Not Listed Board Vice Chair | Trustee | 1 | $0 |
Name Not Listed Board Chair | Trustee | 1 | $0 |
Name Not Listed Board Member | Trustee | 1 | $0 |
Name Not Listed Board Member | Trustee | 1 | $0 |
Name Not Listed Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Corpus Christi Medical Center Medical Services | 12/30/22 | $9,741,846 |
Mission Regional Medical Center Medical Services | 12/30/22 | $8,938,920 |
Knapp Medical Center Medical Services | 12/30/22 | $7,179,585 |
Ft Duncan Medical Center Medical Services | 12/30/22 | $5,623,474 |
Navitus Health Solutions Llc Pharmacy Benefit Mgt | 12/30/22 | $4,791,684 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,181,931,302 |
| Investment income | $38,388,393 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,220,319,695 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $37,229,916 |
| Pension plan accruals and contributions | $2,250,354 |
| Other employee benefits | $5,537,265 |
| Payroll taxes | $2,533,671 |
| Fees for services: Management | $5,234,017 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $35,257 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $347,626 |
| Fees for services: Other | $5,932,088 |
| Advertising and promotion | $115,250 |
| Office expenses | $1,591,692 |
| Information technology | $4,784,671 |
| Royalties | $0 |
| Occupancy | $1,750,689 |
| Travel | $3,670,916 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,740,147 |
| Insurance | $2,469,189 |
| All other expenses | $5,089,058 |
| Total functional expenses | $1,171,874,203 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $169,206,958 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $42,143,215 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $262,008 |
| Net Land, buildings, and equipment | $3,981,271 |
| Investments—publicly traded securities | $265,551,523 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,265,000 |
| Total assets | $482,409,975 |
| Accounts payable and accrued expenses | $201,332,732 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $201,332,732 |
| Net assets without donor restrictions | $0 |
| 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 | $281,077,243 |
| Total liabilities and net assets/fund balances | $482,409,975 |