Texas Health Presbyterian Hospital Plano
- Assets
- $217.1m
- Revenue
- $484.2m
- Investments
- $0.0
- Employees
- 2,316
- Location
- Plano, TX
- Founding
- 10/2001
- Data as of
- 12/2021
- EIN
- 75-2770738
Organization Overview
Texas Health Presbyterian Hospital Plano, operating under the name Texas Health Plano, is located in Plano, TX. The organization was established in 2001. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Texas Health Plano employed 2,316 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Health Plano 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 Plano generated $484.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $395.8m during the year ending 12/2021. While expenses have increased by 3.7% 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 Plano has awarded 32 individual grants totaling $6,584,496. 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 PRESBYTERIAN HOSPITAL PLANO IS A 386 LICENSED BED, MAGNET-DESIGNATED HOSPITAL AND RECOGNIZED CLINICAL LEADER, PROVIDING TECHNOLOGICALLY ADVANCED CARE TO PLANO, FRISCO AND SURROUNDING COMMUNITIES SINCE 1991. THIS FULL-SERVICE FACILITY FEATURES A FULL RANGE OF SPECIALTIES INCLUDING EMERGENCY MEDICINE, CARDIOLOGY, ADULT AND ADOLESCENT BEHAVIORAL HEALTH, PEDIATRICS, AN ADULT INTENSIVE CARE UNIT, STATE OF THE ART AND TECHNOLOGICALLY ADVANCED SURGICAL SERVICES AND A LEVEL III NICU. TEXAS HEALTH PLANO HAS MORE THAN 1,600 EMPLOYEES AND OVER 1,360 PHYSICIANS ON ITS MEDICAL STAFF IN MORE THAN 65 SPECIALTIES. THE HOSPITAL IS AN ADVANCED LEVEL II TRAUMA FACILITY, ACCREDITED CHEST PAIN CENTER BY THE JOINT COMMISSION, NAMED BEST PLACE TO HAVE A BABY IN COLLIN COUNTY AND A GOLD-LEVEL MOTHER FRIENDLY BUSINESS. TEXAS HEALTH PLANO IS THE RECIPIENT OF THE JOINT COMMISSION'S DISEASE SPECIFIC CARE CERTIFICATIONS IN CHEST PAIN, HIP JOINT REPLACEMENT, KNEE JOINT REPLACEMENT AND AN ADVANCED CERTIFICATION AS A PRIMARY STROKE CENTER. THP HAD 93,934 PATIENT DAYS, 17,953 DISCHARGES, 3,541 BIRTHS, 90,671 OUTPATIENT ENCOUNTERS, AND 46,852 EMERGENCY ROOM VISITS DURING THE CALENDAR YEAR. THP PROVIDES QUALITY MEDICAL HEALTHCARE SERVICES REGARDLESS OF THE PATIENT'S RACE, CREED, SEX, NATIONAL ORIGIN, HANDICAP, AGE OR ABILITY TO PAY. THP 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. THP ALSO PROVIDES CHARITY CARE TO PATIENTS WHO ARE UNABLE TO PAY FOR THE SERVICES THEY RECEIVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hadzimastephen Kenneth Chief Medical Officer Thp | Officer | 40 | $703,167 |
Florenjoshua Andrew President Thp | Officer | 40 | $595,060 |
Gildonlisa Grp Finan Officer Thp-Tha | Officer | 24 | $370,134 |
Masseylaura A Chief Nursing Officer Thp | Officer | 40 | $354,868 |
Thrashamanda Shelby VP Prof & Sprt Svcs Offr Thp | Officer | 40 | $307,601 |
Dillardrobin L Rn Ii | 40 | $226,319 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Texas Health Resources Management Services | 12/30/21 | $59,101,538 |
Austin Commercial Lp Construction Service | 12/30/21 | $3,135,938 |
Tx Health Physicians Group Physician Services | 12/30/21 | $5,000,913 |
Vanguard Resources Housekeeping Service | 12/30/21 | $2,263,357 |
Crothall Healthcare Inc Housekeeping Service | 12/30/21 | $1,857,924 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $461,533 |
| Government grants | $8,271,524 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $8,310 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,733,057 |
| Total Program Service Revenue | $471,675,404 |
| Investment income | $98,839 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $341,291 |
| Net Gain/Loss on Asset Sales | $343,566 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $484,213,485 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $502,063 |
| 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. | $2,662,528 |
| Compensation of current officers, directors, key employees. | $2,662,528 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $139,460,338 |
| Pension plan accruals and contributions | $5,908,408 |
| Other employee benefits | $17,505,075 |
| Payroll taxes | $9,737,043 |
| Fees for services: Management | $59,101,538 |
| Fees for services: Legal | $25,439 |
| 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 | $32,874,401 |
| Advertising and promotion | $319,303 |
| Office expenses | $732,103 |
| Information technology | $2,326,466 |
| Royalties | $0 |
| Occupancy | $9,154,273 |
| Travel | $22,163 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $30,476 |
| Interest | $5,303,421 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $17,754,993 |
| Insurance | $3,817,069 |
| All other expenses | $6,911,794 |
| Total functional expenses | $395,841,379 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $75,477 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $75,723,415 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,934,486 |
| Inventories for sale or use | $7,142,766 |
| Prepaid expenses and deferred charges | $517,241 |
| Net Land, buildings, and equipment | $129,744,399 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,968,891 |
| Total assets | $217,106,675 |
| Accounts payable and accrued expenses | $29,011,233 |
| Grants payable | $0 |
| Deferred revenue | $4,985,608 |
| 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 | -$14,700 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,835,038 |
| Total liabilities | $37,817,179 |
| Net assets without donor restrictions | $179,289,496 |
| 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 | $217,106,675 |
Grants Awarded
Over the last fiscal year, Texas Health Presbyterian Hospital Plano has awarded $462,214 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Dallas, TX PURPOSE: Indigent Care | $317,371 |
CITY OF PLANO PURPOSE: Community Programs | $82,343 |
Plano, TX PURPOSE: Emergency Services | $30,000 |
Denton, TX PURPOSE: general Support | $12,500 |
Plano, TX PURPOSE: Health Sciences | $10,000 |
Plano, TX PURPOSE: Educational Support | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Texas Health Presbyterian Hospital Plano has recieved totaling $474,286.
| Awarding Organization | Amount |
|---|---|
Texas Health Resources Foundation Arlington, TX PURPOSE: See Part IV | $474,286 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Texas Health Presbyterian Hospital Plano Plano, TX | $217,106,675 | $484,213,485 |
Preservation Freehold Company Lewisville, TX | $599,345,935 | $99,735,351 |
Texas Health Presbyterian Hospital Kaufman Kaufman, TX | $17,114,303 | $46,511,695 |
Crossroads Housing Development Corporation Big Spring, TX | $1,430,723 | $31,698,100 |
Foundation Communities Inc Austin, TX | $201,792,213 | $44,085,347 |
Austin Affordable Housing Corporation Austin, TX | $189,492,836 | $40,972,198 |
Foundation Communities Austin, TX | $78,215,940 | $25,689,954 |
Tcc Hill Country Development Corporation Austin, TX | $11,234,408 | $22,073,361 |
Provident Commonwealth Education Resources Baton Rouge, LA | $142,254,594 | $7,390,935 |
Provident Commonwealth Education Resources Ii Baton Rouge, LA | $154,926,817 | $6,407,611 |
Houston Habitat For Humanity Inc Houston, TX | $36,979,256 | $11,315,347 |
Avenue Community Development Coporation Houston, TX | $81,189,118 | $11,542,239 |