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 12/2019, Houston Methodist Specialty Physician Group employed 3,536 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes.

For the year ending 12/2019, Houston Methodist Specialty Physician Group generated $693.3m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $687.0m during the year ending 12/2019. While expenses have increased by 10.7% per year over the past 5 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

2019

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
$2,561,942
Vincent C Phan
Physician
$1,789,854
Yi Zhang
Physician
$1,655,815
Aldona Spiegel MD
Physician
$1,619,815
Barbara L Bass MD Dept Chair
Director
$1,593,464
Snehal Desai
Physician
$1,564,990

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Smith And Dean Inc
Health Care Staffing Services
$2,544,558
Change Healthcare Technology Enabled Ser
Billing And Collections
$3,072,617
Medix Staffing Solutions Inc
Recruitment/staffing
$1,826,458
Radiology Business Management
Professional Services
$863,942
Allegro Travel
Travel Services
$736,090
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$7,997,111
Government grants $2,285,535
All other contributions, gifts, grants, and similar amounts not included above$58,232
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$10,340,878
Total Program Service Revenue$682,806,214
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $143,853
Net Gain/Loss on Asset Sales $2,008
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $693,296,910

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 $53,775.

Awarding OrganizationAmount
Muscular Dystrophy Association

Chicago, IL

PURPOSE: MEDICAL DIAGNOSIS AND REGISTRY SUPPORT

$53,775
View Grant Recipient Profile

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