Texas Health Resources
- Assets
- $9.5b
- Revenue
- $1.4b
- Investments
- $151.2m
- Employees
- 5,296
- Location
- Arlington, TX
- Founding
- 07/1997
- Data as of
- 12/2021
- EIN
- 75-2702388
Organization Overview
Texas Health Resources is located in Arlington, TX. The organization was established in 1997. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 12/2021, Texas Health Resources employed 5,296 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Health Resources 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 Resources generated $1.4b in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $800.3m during the year ending 12/2021. While expenses have increased by 5.7% 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 Resources has awarded 139 individual grants totaling $15,351,502. 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
THROUGH ITS AFFILIATES, THR OPERATES AN INTEGRATED HEALTHCARE SYSTEM WITH SERVICES AND FACILITIES THROUGHOUT NORTH CENTRAL TEXAS TO IMPROVE HEALTHCARE.
Describe the Organization's Program Activity:
FOUNDED IN 1997, TEXAS HEALTH RESOURCES (THR) PROVIDES DIRECTION AND OVERSIGHT TO ITS WHOLLY-CONTROLLED AFFILIATES. THE RANGE OF CENTRALIZED SERVICES PROVIDED BY THR INCLUDE INFORMATION SERVICES, MANAGED CARE CONTRACTING, HUMAN RESOURCES, REVENUE CYCLE, LEGAL, TAX, COMPLIANCE, SUPPLY CHAIN, BUSINESS DEVELOPMENT, INSURANCE, TREASURY, MARKETING, GENERAL ACCOUNTING, AND STRATEGIC PLANNING. THR OPERATES PROFESSIONAL OFFICE BUILDINGS LEASED PRIMARILY TO PHYSICIANS WHO ARE MEMBERS OF THE MEDICAL STAFF OF THR AFFILIATED HOSPITALS. THR ALSO OPERATES, MANAGES AND COORDINATES PHYSICIAN SERVICES THROUGH TEXAS HEALTH PHYSICIANS GROUP (THPG), A WHOLLY OWNED AFFILIATE OF THR. THPG IS A NETWORK OF PRIMARY AND SPECIALTY CARE PHYSICIAN PRACTICES PROVIDING THE NORTH TEXAS AREA COMMUNITY ACCESS TO QUALITY HEALTH CARE DELIVERED EITHER THROUGH AN OFFICE SETTING OR THROUGH A HOSPITAL PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Berdanbarclay E Chief Executive Officer | OfficerTrustee | 43.25 | $3,299,415 |
Miaowinjie Tang Sevp Chief Experience Officer | Officer | 45 | $1,556,006 |
Mcwhorterricky E Evp & Chief Financial Officer | Officer | 45 | $1,363,156 |
Sudomir Jrjoseph M SVP Chief Info Officer | Officer | 50 | $1,202,887 |
Kingjames Kirk Hospital Channel COO | Officer | 45 | $1,201,569 |
Kramerkenneth J Evp General Counsel | Officer | 45 | $1,132,375 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Accenture Llp Professional Svc | 12/30/21 | $8,408,000 |
Pwc Advisory Svs Llc Consulting Svc | 12/30/21 | $7,696,358 |
Royal General Contractors Inc Construction | 12/30/21 | $6,600,638 |
Mindstream Media Group Llc Marketing | 12/30/21 | $6,942,038 |
Kelly's Restoration Construction | 12/30/21 | $5,299,534 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $2,710,828 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $11,520 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,710,828 |
| Total Program Service Revenue | $869,222,362 |
| Investment income | $105,504,466 |
| Tax Exempt Bond Proceeds | $124 |
| Royalties | $126,471 |
| Net Rental Income | $791,787 |
| Net Gain/Loss on Asset Sales | $396,708,331 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,385,584,603 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $358,091 |
| Grants and other assistance to domestic individuals. | $30,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $25,590,140 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $324,504,250 |
| Pension plan accruals and contributions | $6,887,652 |
| Other employee benefits | $40,066,349 |
| Payroll taxes | $20,010,318 |
| Fees for services: Management | $4,868,338 |
| Fees for services: Legal | $2,793,898 |
| Fees for services: Accounting | $2,223,239 |
| Fees for services: Lobbying | $128,430 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $25,729,903 |
| Fees for services: Other | $54,291,097 |
| Advertising and promotion | $14,582,523 |
| Office expenses | $7,947,878 |
| Information technology | $101,031,542 |
| Royalties | $0 |
| Occupancy | $29,255,962 |
| Travel | $1,145,793 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $601,311 |
| Interest | $46,777,473 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $50,448,360 |
| Insurance | $1,187,841 |
| All other expenses | $21,262,641 |
| Total functional expenses | $800,316,784 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,204,172 |
| Savings and temporary cash investments | $653,578,610 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,509,690 |
| Loans from Officers, Directors, or Controlling Persons | $1,607,416 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $31,289,578 |
| Inventories for sale or use | $19,766,656 |
| Prepaid expenses and deferred charges | $60,969,227 |
| Net Land, buildings, and equipment | $359,407,148 |
| Investments—publicly traded securities | $6,828,021,556 |
| Investments—other securities | $151,239,810 |
| Investments—program-related | $794,504,854 |
| Intangible assets | $113,116,948 |
| Other assets | $422,545,812 |
| Total assets | $9,455,761,477 |
| Accounts payable and accrued expenses | $479,375,819 |
| Grants payable | $0 |
| Deferred revenue | $11,247,327 |
| Tax-exempt bond liabilities | $1,212,917,994 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $945,581,991 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $69,723,768 |
| Total liabilities | $2,718,846,899 |
| Net assets without donor restrictions | $6,736,914,578 |
| 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 | $9,455,761,477 |
Grants Awarded
Over the last fiscal year, Texas Health Resources has awarded $338,141 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Dallas, TX PURPOSE: Cancer Support | $282,166 |
Fort Worth, TX PURPOSE: General Purpose | $13,500 |
Fort Worth, TX PURPOSE: General Purpose | $12,000 |
Dallas, TX PURPOSE: General Purpose | $10,375 |
Arlington, TX PURPOSE: General Purpose | $10,100 |
Washington, DC PURPOSE: Disaster Relief | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Texas Health Resources has recieved totaling $7,676,075.
| Awarding Organization | Amount |
|---|---|
Jane And John Justin Foundation Fort Worth, TX PURPOSE: CAPITAL IMPROVEMENTNEW BUILDING | $4,400,000 |
Texas Health Resources Foundation Arlington, TX PURPOSE: See Part IV | $2,478,132 |
Hoblitzelle Foundation Dallas, TX PURPOSE: TOWARD A CAPITAL CAMPAIGN TO RENOVATE THE MARGOT PEROT CENTER AT TEXAS HEALTH PRESBYTERIAN HOSPITAL DALLAS. | $500,000 |
Hoblitzelle Foundation Dallas, TX PURPOSE: TOWARD A CAPITAL CAMPAIGN TO RENOVATE THE MARGOT PEROT CENTER AT TEXAS HEALTH PRESBYTERIAN HOSPITAL DALLAS. | $250,000 |
H Kay Jarvis And Kenneth B Jarvis Foundation Plano, TX PURPOSE: GENERAL | $25,000 |
Kidneytexas Inc Dallas, TX PURPOSE: TO PROVIDE FUNDING TO A NOT-FOR-PROFIT MEDICAL FACILITY TO IMPROVE THE METHOD OF TREATMENT, CURE, AND PREVENTION OF KIDNEY DISEASE, AND TO PROVIDE ADDITIONAL SERVICES FOR THE DEVELOPMENT OF MORE ADEQUATE PROVISIONS FOR THE CARE OF PERSONS SUFFEREING FROM KIDNEY DISEASE. | $12,693 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Christus Health Irving, TX | $2,730,342,875 | $1,012,200,002 |
Christus Spohn Health System Corporation Corpus Christi, TX | $773,059,009 | $811,978,988 |
Texas Health Resources Arlington, TX | $9,455,761,477 | $1,385,584,603 |
Texas Health Presbyterian Hospital Dallas Dallas, TX | $387,904,806 | $734,427,903 |
Integris Health Inc Oklahoma City, OK | $2,892,749,612 | $350,408,586 |
Christus Health Ark-La-Tex Texarkana, TX | $179,097,861 | $355,246,256 |
Franciscan Missionaries Of Our Lady Health System Inc Baton Rouge, LA | $2,901,002,958 | $303,834,510 |
Etx Successor System Tyler, TX | $6,821,008 | $298,468,898 |
Cook Childrens Health Care System Fort Worth, TX | $553,188,226 | $282,162,573 |
U T Physicians Houston, TX | $171,459,158 | $179,232,757 |
Baylor Health Care System Dallas, TX | $1,894,322,378 | $92,084,572 |
Baylor Scott & White Holdings Dallas, TX | $8,549,551,652 | $86,376,045 |