Methodist Hospital

Organization Overview

Methodist Hospital, operating under the name Houston Methodist Specialty Physician Group, is located in Houston, TX. The organization was established in 2010. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2021, Houston Methodist Specialty Physician Group employed 4,247 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Houston Methodist Specialty Physician Group 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, Houston Methodist Specialty Physician Group generated $883.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.4% each year . All expenses for the organization totaled $868.9m during the year ending 12/2021. While expenses have increased by 11.2% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE O


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Board, Officers & Key Employees

Name (title)Compensation
Warren Ellsworth
Physician
$2,506,701
Aldona Spiegel
Physician
$2,406,561
Anthony Echo
Physician
$1,986,009
Vincent C Phan
Physician
$1,789,984
Yi Zhang
Physician
$1,768,897
Gavin S Britz MD
Director
$1,565,231

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Change Healthcare Technology Enabled Ser
Billing And Collections
$3,121,829
Staff Care Inc
Health Care Staffing Services
$2,338,280
Ccmma Tx Pllc
Telemedicine
$2,884,590
Smith And Dean Inc
Health Care Staffing Services
$2,299,960
Palm Health Resources
Health Care Staffing Services
$1,565,788
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$5,424,971
Government grants $2,516,167
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$7,941,138
Total Program Service Revenue$875,193,027
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $2,491
Net Gain/Loss on Asset Sales -$34,699
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $883,101,957

Grants Awarded

Over the last fiscal year, Methodist Hospital has awarded $536,057 in support to 2 organizations.

Grant RecipientAmount

VECINO HEALTH CENTERS

Org PageRecipient Profile

Houston, TX

PURPOSE: HEALTHCARE SERVICES

$521,057

ARTHRITIS FOUNDATION

Org PageRecipient Profile

Atlanta, GA

PURPOSE: SPONSORSHIP

$15,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Methodist Hospital has recieved totaling $36,000.

Awarding OrganizationAmount
Omega Medical Grants Association

Rosemont, IL

PURPOSE: FELLOWSHIP

$36,000
View Grant Recipient Profile

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