Texas Medical Center Central Heat And Cooling Services Corp

Organization Overview

Texas Medical Center Central Heat And Cooling Services Corp, operating under the name Thermal Energy Corporation, is located in Houston, TX. The organization was established in 2002. According to its NTEE Classification (E60) the organization is classified as: Health Support, under the broad grouping of Health Care and related organizations. As of 08/2021, Thermal Energy Corporation employed 102 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thermal Energy Corporation 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 08/2021, Thermal Energy Corporation generated $124.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $66.4m during the year ending 08/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

OPERATING A CENTRAL HEATING AND COOLING SERVICES FACILITY SOLELY FOR THE BENEFIT OF GOVERNMENTAL AND NOT-FOR-PROFIT ORGANIZATIONS IN THE TEXAS MEDICAL CENTER.

Describe the Organization's Program Activity:

OPERATING A CENTRAL HEATING AND COOLING SERVICES FACILITY SOLELY FOR THE BENEFIT OF GOVERNMENT INSTITUTIONS AND NOT-FOR-PROFIT ORGANIZATIONS LOCATED IN THE TEXAS MEDICAL CENTER. ELIGIBLE INSTITUTIONS INCLUDE: CHI ST. LUKE'S HEALTH, TEXAS CHILDREN'S HOSPITAL, THE UNIVERSITY OF TEXAS SYSTEM, THE UNIVERSITY OF TEXAS M.D. ANDERSON CANCER CENTER, THE UNIVERSITY OF TEXAS HEALTH SCIENCE CENTER AT HOUSTON, TEXAS MEDICAL CENTER, TEXAS WOMAN'S UNIVERSITY, MEMORIAL HERMANN HOSPITAL SYSTEM, THE TEXAS A AND M UNIVERSITY SYSTEM, HOUSTON ACADEMY OF MEDICINE, CITY OF HOUSTON, TX, UNIVERSITY OF HOUSTON, USDA CHILDREN'S NUTRITIONAL RESEARCH CENTER, MEMORIAL HERMANN/TIRR, SHRINERS HOSPITALS FOR CHILDREN, HOUSTON COMMUNITY COLLEGE SYSTEM, BAYLOR COLLEGE OF MEDICINE, HOUSTON METHODIST, HARRIS COUNTY, TEXAS, HARRIS COUNTY HOSPITAL DISTRICT, AND HOUSTON INDEPENDENT SCHOOL DISTRICT.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
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$0
Total Program Service Revenue$123,803,634
Investment income $1,678,261
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$1,452,376
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $124,104,670

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Texas Medical Center Central Heat And Cooling Services Corp has recieved totaling $208,000.

Awarding OrganizationAmount
The National Hemophilia Foundation

New York, NY

PURPOSE: 2 JGP RESEARCH FELLOWSHIPS PROMOTING INNOVATION IN BLEEDING AND CLOTTING DISORDERS

$208,000
View Grant Recipient Profile

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