Texas Health Harris Methodist Hospital Southwest Fort Worth
- Assets
- $222.9m
- Revenue
- $365.6m
- Investments
- $0.0
- Employees
- 1,906
- Location
- Fort Worth, TX
- Founding
- 02/1997
- Data as of
- 12/2022
- EIN
- 75-2678857
Organization Overview
Texas Health Harris Methodist Hospital Southwest Fort Worth, operating under the name Texas Health Southwest, is located in Fort Worth, TX. The organization was established in 1997. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2022, Texas Health Southwest employed 1,906 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Health Southwest 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, Texas Health Southwest generated $365.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $328.8m during the year ending 12/2022. While expenses have increased by 4.9% 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.
Since 2015, Texas Health Southwest has awarded 13 individual grants totaling $9,580,266. 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
2022
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:
LOCATED IN THE SOUTHWEST SECTOR OF FORT WORTH SINCE 1987, TEXAS HEALTH HARRIS METHODIST HOSPITAL SOUTHWEST FORT WORTH (THSW) IS A 261-BED ACUTE CARE HOSPITAL. THSW PROVIDES A WIDE ARRAY OF COMPREHENSIVE SERVICES INCLUDING SURGICAL AND IMAGING SERVICES, A 24-HOUR EMERGENCY DEPARTMENT, ORTHOPEDICS AND SPORTS THERAPY, ADULT CRITICAL CARE, BREAST CARE CENTER, WOMEN'S SERVICES AND A LEVEL III NEONATAL INTENSIVE CARE UNIT. THSW HAS A LEVEL III TRAUMA DESIGNATION AND LEVEL III MATERNAL DESIGNATION WITH THE STATE OF TEXAS, AND RECEIVED ITS SECOND MAGNET DESIGNATION IN NURSING. THSW HAS A CMS 5-STAR RATING FOR OVERALL QUALITY AND IS HEART FAILURE, STROKE, CHEST PAIN, AND ADVANCED TOTAL HIP & KNEE REPLACEMENT CERTIFIED BY THE JOINT COMMISSION. MORE THAN 1,350 EMPLOYEES WORK AT THE HOSPITAL AND MORE THAN 662 PHYSICIANS ARE PRACTICING ON THE MEDICAL STAFF. DURING THE YEAR, THSW HAD 59,767 PATIENT DAYS, 15,093 DISCHARGES, 91,630 OUTPATIENT ENCOUNTERS, 66,490 EMERGENCY ROOM VISITS AND 3,313 BIRTHS. THSW 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Berdanbarclay E Thr Ceo/trustee | OfficerTrustee | 0.64 | $0 |
Mcwhorterricky E Former Officer | 0 | $0 | |
Kramerkenneth J Assistant Secretary | Officer | 0.5 | $0 |
Deleonjoseph C Former Officer | 0 | $0 | |
Tuckerrebecca D President Thsw Term July 2022 | Officer | 40 | $342,271 |
Montgomerygary Mark Chief Qual & Med Officer Thsw | Officer | 40 | $600,643 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Supplemental Health Care Svc Lab Services | 12/30/22 | $12,639,755 |
Texas Health Resources Management Fee | 12/30/22 | $48,114,630 |
Crothal Healthcare Inc Housekeeping Svcs | 12/30/22 | $4,801,870 |
Balfour Beatty Construction Construction | 12/30/22 | $2,413,831 |
Texas Health Physicians Group Physician Services | 12/30/22 | $5,415,634 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $31,016 |
| Government grants | $1,549,175 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $650 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,580,191 |
| Total Program Service Revenue | $362,412,167 |
| Investment income | $8,340 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $62,724 |
| Net Rental Income | $7,750 |
| Net Gain/Loss on Asset Sales | -$125,382 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $365,566,404 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $90,898 |
| 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. | $2,489,131 |
| Compensation of current officers, directors, key employees. | $2,489,131 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $117,583,706 |
| Pension plan accruals and contributions | $4,354,988 |
| Other employee benefits | $12,365,877 |
| Payroll taxes | $7,751,139 |
| Fees for services: Management | $48,114,630 |
| 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 | $25,384,801 |
| Advertising and promotion | $478,297 |
| Office expenses | $524,318 |
| Information technology | $529,943 |
| Royalties | $0 |
| Occupancy | $3,890,524 |
| Travel | $57,176 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $33,738 |
| Interest | $6,335,415 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,772,559 |
| Insurance | $3,083,213 |
| All other expenses | $6,240,796 |
| Total functional expenses | $328,800,589 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$278 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $57,629,443 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $206,945 |
| Inventories for sale or use | $6,399,386 |
| Prepaid expenses and deferred charges | $575,186 |
| Net Land, buildings, and equipment | $157,363,981 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $765,991 |
| Total assets | $222,940,654 |
| Accounts payable and accrued expenses | $18,681,077 |
| Grants payable | $0 |
| Deferred revenue | $6,780,610 |
| 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 | $1,602,713 |
| Total liabilities | $27,064,400 |
| Net assets without donor restrictions | $195,876,254 |
| 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 | $222,940,654 |
Grants Awarded
Over the last fiscal year, Texas Health Harris Methodist Hospital Southwest Fort Worth has awarded $72,936 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
JUNIOR LEAGUE OF FORT WORTH PURPOSE: General Purpose | $7,500 |
TARRANT SAFETY NET SUPPORT CORPORATION PURPOSE: Indigent Health Care | $55,436 |
LEUKEMIA & LYMPHOMA SOCIETY PURPOSE: General Purpose | $10,000 |