Christus Health Foundation Of Southeast Texas
- Assets
- $10.9m
- Revenue
- $3.4m
- Investments
- $3.7m
- Employees
- 0
- Location
- Beaumont, TX
- Founding
- 03/1946
- Data as of
- 06/2022
- EIN
- 76-0136274
Organization Overview
Christus Health Foundation Of Southeast Texas is located in Beaumont, TX. The organization was established in 1946. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Christus Health Foundation Of Southeast Texas 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 06/2022, Christus Health Foundation Of Southeast Texas generated $3.4m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 17.9% each year . All expenses for the organization totaled $582.4k during the year ending 06/2022. 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
THE FOUNDATION SERVES THE PHILANTHROPIC NEEDS OF SOUTHEAST TEXAS BY SOLICITING & DISTRIBUTING CONTRIBUTIONS IN SUPPORT OF CHRISTUS HEALTH SOUTHEAST TEXAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHRISTUS HEALTH FOUNDATION OF SOUTHEAST TEXAS IS A TEXAS NON-PROFIT ORGANIZATION SERVING THE PHILANTHROPIC NEEDS OF CHRISTUS HEALTH SOUTHEAST TEXAS (THE "HEALTH SYSTEM"). IT IS THE FOUNDATION'S RESPONSIBILITY TO ENCOURAGE AND RECEIVE CONTRIBUTIONS FROM INDIVIDUALS, CORPORATIONS, ASSOCIATIONS, AND FOUNDATIONS. THESE CONTRIBUTIONS ARE DISTRIBUTED TO THE HEALTH SYSTEM AND ITS SUBSIDIARY NON-PROFIT HOSPITALS, IN ACCORDANCE WITH THE INTENTIONS OF THE DONORS AND WITHIN THE CONFINES OF THE FOUNDATION'S GOALS AND OBJECTIVES. ALL CONTRIBUTIONS ASSIST THE HEALTH SYSTEM IN PROVIDING CONTINUING HIGH QUALITY HEALTH CARE IN AREAS SUCH AS MODERNIZATION AND CONSTRUCTION OF NEEDED HOSPITAL FACILITIES, ACQUISITION OF HOSPITAL EQUIPMENT, AND OTHER SPECIAL HEALTH CARE NEEDS OF THE HEALTH SYSTEM. THE FOUNDATION ALSO SPONSORS THE CHILDREN'S MIRACLE NETWORK (CMN) FOR CHILDREN'S HEALTH SERVICES IN THE COMMUNITY. FUNDS RAISED FOR THE CMN ARE RESTRICTED TO PROVIDE NEEDED EQUIPMENT AND IMPROVEMENTS TO THE PEDIATRIC AND OBSTETRICAL CARE UNITS OF THE SUPPORTED HOSPITALS. THE CMN GRANT ASSISTANCE PROGRAM FOCUSES ON CHILDREN WITH HEALTHCARE NEEDS WHO MAY REQUIRE FINANCIAL ASSISTANCE. GRANTS ARE AWARDED WHEN SPECIFIC CRITERIA AND GUIDELINES ARE MET. THE FOUNDATION SPONSORS OTHER LOCAL EVENTS TO PROVIDE SUPPORT FOR CORONARY CARE, ONCOLOGY AND HYPERBARIC TREATMENT. THE FOUNDATION'S SOLE CORPORATE MEMBER IS CHRISTUS HEALTH SOUTHEAST TEXAS; CHRISTUS HEALTH SOUTHEAST TEXAS' SOLE CORPORATE MEMBER IS CHRISTUS HEALTH.CHRISTUS HEALTH SOUTHEAST TEXAS INCLUDES ALL OF THE HOSPITALS, CLINICS, SERVICES AND OTHER MINISTRIES OF CHRISTUS HEALTH LOCATED IN THE BEAUMONT, PORT ARTHUR, AND JASPER AREAS OF TEXAS. A MYRIAD OF OTHER HEALTH SERVICES, SUCH AS PHYSICIAN OFFICES, CLINICS, OUTPATIENT SERVICES AND PROGRAMS ARE LOCATED THROUGHOUT THE EIGHT-COUNTY AREA SERVED BY CHRISTUS HEALTH SOUTHEAST TEXAS. CHRISTUS HEALTH WAS FORMED IN 1999 TO STRENGTHEN THE 153-YEAR-OLD, FAITH-BASED HEALTH CARE MINISTRIES OF THE CONGREGATIONS OF THE SISTERS OF CHARITY OF THE INCARNATE WORD OF HOUSTON AND SAN ANTONIO. FOUNDED ON THE MISSION "TO EXTEND THE HEALING MINISTRY OF JESUS CHRIST," CHRISTUS IS CHALLENGED TO REACH OUT TO, AND BEYOND, THE MORE THAN 60 COMMUNITIES WE SERVE TO HELP THOSE IN NEED.CHRISTUS HEALTH RESPONDS TO THE HEALTH CARE NEEDS OF ITS COMMUNITIES THROUGH SERVICES PROVIDED AT MORE THAN 60 HOSPITALS AND LONG-TERM CARE FACILITIES, 175 CLINICS AND OUTPATIENT CENTERS, AND OTHER COMMUNITY HEALTH MINISTRIES AND COMMUNITY DEVELOPMENT VENTURES. CHRISTUS SERVICES CAN BE FOUND IN ARKANSAS, GEORGIA, IOWA, LOUISIANA, MISSOURI, NEW MEXICO, TEXAS, SIX PROVINCES OF MEXICO AND CHILE. ALTHOUGH PROGRAMS MAY DIFFER FROM FACILITY TO FACILITY, EACH OF OUR HEALTH CARE ENTITIES HAS THE SAME OBJECTIVE -- WHICH IS TO LEAD THE WAY TO A HEALTHIER COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul M Trevino Director/ceo Ch-Setx | OfficerTrustee | 1 | $0 |
Teri Hawthorne Executive Director | Officer | 40 | $0 |
James Black Director (lifetime) | Trustee | 8 | $0 |
Brad Brown Director (as Of 01/2022) | Trustee | 8 | $0 |
Will Crenshaw Director (lifetime) | Trustee | 8 | $0 |
Mark Fertitta Director (lifetime) | Trustee | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $436,896 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,784,459 |
| Noncash contributions included in lines 1a–1f | $1,011,827 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,221,355 |
| Total Program Service Revenue | $0 |
| Investment income | $110,915 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $112,035 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,444,305 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $142,934 |
| Grants and other assistance to domestic individuals. | $19,945 |
| 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 | $222,518 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $49,090 |
| Payroll taxes | $16,582 |
| Fees for services: Management | $0 |
| 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 | $14,056 |
| Fees for services: Other | $470 |
| Advertising and promotion | $1,092 |
| Office expenses | $41,272 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,000 |
| Travel | $3,140 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,915 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,990 |
| All other expenses | $0 |
| Total functional expenses | $582,435 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,969,293 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $606,987 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $5,250 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $41,200 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $529,867 |
| Investments—other securities | $3,702,285 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,854,882 |
| Accounts payable and accrued expenses | $0 |
| 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 | $662,489 |
| Total liabilities | $662,489 |
| Net assets without donor restrictions | $9,537,082 |
| Net assets with donor restrictions | $655,311 |
| 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 | $10,854,882 |