Texas Health Harris Methodist Hospital Fort Worth
- Assets
- $650.4m
- Revenue
- $986.1m
- Investments
- $0.0
- Employees
- 5,456
- Location
- Fort Worth, TX
- Founding
- 01/1957
- Data as of
- 12/2021
- EIN
- 75-6001743
Organization Overview
Texas Health Harris Methodist Hospital Fort Worth, operating under the name Texas Health Fort Worth, is located in Fort Worth, TX. The organization was established in 1957. 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 Fort Worth employed 5,456 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Health Fort Worth 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 Fort Worth generated $986.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $888.3m during the year ending 12/2021. While expenses have increased by 3.1% 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 Fort Worth has awarded 77 individual grants totaling $75,694,860. 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
990
Mission & Program ActivityExcerpts From the 990 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:
Part 3 - Line 4a
TEXAS HEALTH HARRIS METHODIST HOSPITAL FORT WORTH (THFW) IS AN 851 LICENSED BED, LEVEL 1 TRAUMA CENTER, AND 4TH TIME MAGNET-DESIGNATED REGIONAL REFERRAL HOSPITAL THAT HAS SERVED THE RESIDENTS OF TARRANT AND SURROUNDING COUNTIES SINCE 1930. TEXAS HEALTH FORT WORTH HAS BEEN AWARDED JOINT COMMISSION DSC CERTIFICATIONS FOR HIP FRACTURE, ORTHO-TRAUMA, BRAIN TUMOR. OUR HOSPITAL HAS RECEIVED JOINT COMMISSION ADVANCED CERTIFICATIONS IN COMPREHENSIVE STROKE, ADVANCED PALLIATIVE CARE, ADVANCED HIP AND KNEE, AND ADVANCED SPINE SERVICES. THFW WAS THE 1ST HOSPITAL IN THE NATION TO RECEIVE JOINT COMMISSION CERTIFICATIONS IN BOTH NEUROTRAUMA AND PRIMARY HEART ATTACK. THFW HAS AN ACADEMIC AFFILIATION WITH THE TEXAS CHRISTIAN UNIVERSITY BURNETT SCHOOL OF MEDICINE. IN 2021 THFW LAUNCHED GRADUATE MEDICAL EDUCATION RESIDENCY PROGRAMS FOR GENERAL SURGERY RESIDENTS AND ADDED AN INTERNAL MEDICINE RESIDENCY IN 2022. THFW IS NICHE DESIGNATED, CMS ACCREDITED FOR TRANSPLANTS. APTA CERTIFIED FOR PT RESIDENCY, AND OUR HOSPITAL HAS BEEN VOTED THE BEST PLACE TO HAVE A BABY 25 YEARS IN A ROW BY NORTH TEXAS CHILD. THFW HAS MORE THAN 5000 EMPLOYEES, PLUS OUR MEDICAL STAFF OF 1500 PHYSICIANS WHICH HELPS US TO PROVIDE QUALITY MEDICAL HEALTHCARE TO EVERYONE REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, HANDICAP, AGE, OR ABILITY TO PAY. RECOGNIZING ITS MISSION TO THE COMMUNITY, OUR SERVICES ARE PROVIDED TO BOTH FINANCIALLY AND MEDICALLY INDIGENT PATIENTS INCLUDING THOSE COVERED BY GOVERNMENTAL PROGRAMS MEDICARE AND MEDICAID FOR REIMBURSEMENT WHICH DOES NOT ALWAYS COVER THEIR COST OF CARE B/C QUALITY MEDICAL CARE IS ESSENTIAL FOR EVERYONE. OUR HOSPITAL'S SERVICES ALSO INCLUDE CARDIOTHORACIC, CARDIOVASCULAR, ORTHOPEDICS, SPORTS MEDICINE, HIGH-RISK AND ROUTINE OBSTETRICS / GYNECOLOGY, AND A LEVEL III NEONATAL INTENSIVE CARE UNIT, AND A 100-BED EMERGENCY ROOM. THFW PARTICIPATES IN THE FAITH COMMUNITY NURSING (FCN) PROGRAM WHICH PROVIDES HEALTHCARE SCREENINGS, EDUCATION, AND FAMILY SUPPORT TO OVER 50 CONGREGATIONS IN THE DFW METROPLEX. THFW IS PART OF A CHILD AUTOMOBILE SAFETY INITIATIVE WHOSE MISSION STRIVES TO EDUCATE AND RAISE COMMUNITY AWARENESS ABOUT CHILD SAFETY. DURING THE YEAR, THFW HAD 237,328 PATIENT DAYS, 40,176 DISCHARGES, 176,802 OUTPATIENT ENCOUNTERS, 148,667 EMERGENCY ROOM VISITS AND 2,866 BIRTHS.
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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 | 0.5 | $0 | |
Kingjames Kirk Former Officer | 0.5 | $0 | |
Kramerkenneth J Assistant Secretary | Officer | 0.5 | $0 |
Deleonjoseph C President Thfw | Officer | 40 | $709,147 |
Jacksondavid W Assistant Secretary | Officer | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Texas Health Resources Management Fee | 12/30/22 | $140,458,218 |
Balfour Beatty Construction Llc Construction | 12/30/22 | $41,043,059 |
Crothall Healthcare Inc Service Contract | 12/30/22 | $16,354,274 |
Texas Health Physicians Group Physician Services | 12/30/22 | $22,071,521 |
Supplemental Health Care Svc Contract Labor | 12/30/22 | $32,879,140 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $466 |
| Fundraising events | $0 |
| Related organizations | $7,231,667 |
| Government grants | $2,241,644 |
| 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 | $9,473,777 |
| Total Program Service Revenue | $971,365,203 |
| Investment income | $38,065 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $29,454 |
| Net Rental Income | $168,016 |
| Net Gain/Loss on Asset Sales | -$191,502 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $986,113,649 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $837,814 |
| 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. | $3,553,081 |
| Compensation of current officers, directors, key employees. | $3,553,081 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $312,167,819 |
| Pension plan accruals and contributions | $13,672,946 |
| Other employee benefits | $42,437,628 |
| Payroll taxes | $21,875,486 |
| Fees for services: Management | $127,783,991 |
| 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 | $89,650,030 |
| Advertising and promotion | $50,077 |
| Office expenses | $1,306,503 |
| Information technology | $3,770,547 |
| Royalties | $0 |
| Occupancy | $14,948,894 |
| Travel | $104,860 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $83,427 |
| Interest | $4,144,227 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $27,695,026 |
| Insurance | $7,511,360 |
| All other expenses | $22,646,301 |
| Total functional expenses | $888,296,361 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$215,108 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $159,513,365 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $615,547 |
| Inventories for sale or use | $16,786,240 |
| Prepaid expenses and deferred charges | $3,050,266 |
| Net Land, buildings, and equipment | $470,006,254 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $573,236 |
| Other assets | $103,677 |
| Total assets | $650,433,477 |
| Accounts payable and accrued expenses | $96,273,947 |
| Grants payable | $0 |
| Deferred revenue | $18,774,941 |
| 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 | $7,041,949 |
| Total liabilities | $122,090,837 |
| Net assets without donor restrictions | $528,342,640 |
| 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 | $650,433,477 |
Grants Awarded
Over the last fiscal year, Texas Health Harris Methodist Hospital Fort Worth has awarded $323,325 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
BEN HOGAN FOUNDATION PURPOSE: General Purpose | $15,000 |
TARRANT COUNTY SAFETY NET SUPPORT CORPORATION PURPOSE: Indigent Health Care | $177,525 |
JEWEL CHARITY BALL PURPOSE: General Purpose | $6,000 |
NORTH TEXAS AREA COMMUNITY HEALTH CENTER PURPOSE: Healthcare | $100,000 |
ALEDO ISD PURPOSE: General Support | $9,500 |
BURLESON CHAMBER OF COMMERCE PURPOSE: General Support | $9,300 |