Texas Hospital Association
- Assets
- $51.5m
- Revenue
- $12.3m
- Investments
- $7.5m
- Employees
- 103
- Location
- Austin, TX
- Founding
- 05/1945
- Data as of
- 12/2022
- EIN
- 74-1362741
Organization Overview
Texas Hospital Association is located in Austin, TX. The organization was established in 1945. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. As of 12/2022, Texas Hospital Association employed 103 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Hospital Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Texas Hospital Association generated $12.3m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $10.9m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.6%) per year over the past 7 years. 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
PROVIDE LEADERSHIP IN ADVOCACY, INFORMATION, AND EDUCATION TO ENABLE TEXAS HOSPITALS TO DELIVER SUPERIOR, COST EFFECTIVE CARE WHICH ENHANCES...(CONT'D ON SCH O)
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVOCACY - AT THE STATE AND FEDERAL LEVEL, TEXAS HOSPITAL ASSOCIATION (THA) REPRESENTS ITS MEMBERS' INTERESTS BEFORE LEGISLATIVE, REGULATORY AND JUDICIAL BODIES.
EDUCATION - THA HOLDS EDUCATIONAL PROGRAMS WHICH INCLUDE A DISTANCE LEARNING SERIES IN VARIOUS FIELDS OF HOSPITAL OPERATIONS AND MANAGEMENT.
ANNUAL CONFERENCE - THA HOSTS AN ANNUAL CONFERENCE AND TRADE SHOW FOR ITS MEMBERS. THE EVENT INCLUDES EDUCATIONAL SESSIONS, AS WELL AS A TRADE SHOW WHERE PARTICIPANTS LEARN ABOUT HEALTH CARE PRODUCTS AND SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Hawkins Ceo/president | OfficerTrustee | 40 | $688,347 |
Ted Shaw Former Ceo/president | 0 | $460,487 | |
Ignacio Zamarron Svp/cfo | Officer | 40 | $366,596 |
Mitzi Ressmann - 60 Tha Svp, Operations Division | Officer | 24 | $209,794 |
Jennifer Banda Svp, Advocacy, Public Policy | Officer | 40 | $345,400 |
Stephen Wohleb Svp, General Counsel | Officer | 40 | $298,591 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Datagen Inc Software | 12/30/22 | $151,137 |
Cameron Krier Massey Inc Advocacy Consultant | 12/30/22 | $196,400 |
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 | $85,360 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $85,360 |
| Total Program Service Revenue | $9,501,804 |
| Investment income | $456,180 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $276,781 |
| Net Rental Income | $20,509 |
| Net Gain/Loss on Asset Sales | -$26,771 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,290,311 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $63,130 |
| 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. | $2,736,167 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,009,254 |
| Pension plan accruals and contributions | $70,875 |
| Other employee benefits | $302,507 |
| Payroll taxes | $338,108 |
| Fees for services: Management | $450,998 |
| Fees for services: Legal | $94,070 |
| Fees for services: Accounting | $37,388 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $73,624 |
| Fees for services: Other | $1,030,821 |
| Advertising and promotion | $62,407 |
| Office expenses | $35,676 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $500,602 |
| Travel | $128,103 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $173,499 |
| Interest | $566,563 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $524,209 |
| Insurance | $43,592 |
| All other expenses | $152,876 |
| Total functional expenses | $10,949,556 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,172,352 |
| Savings and temporary cash investments | $6,019,310 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $938,770 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $199,999 |
| Net Land, buildings, and equipment | $1,198,611 |
| Investments—publicly traded securities | $13,467,519 |
| Investments—other securities | $7,477,411 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $14,981,089 |
| Total assets | $51,455,061 |
| Accounts payable and accrued expenses | $1,506,291 |
| Grants payable | $0 |
| Deferred revenue | $5,710,701 |
| 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 | $12,851,483 |
| Total liabilities | $20,068,475 |
| Net assets without donor restrictions | $31,301,968 |
| Net assets with donor restrictions | $84,618 |
| 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 | $51,455,061 |
Grants Awarded
Over the last fiscal year, Texas Hospital Association has awarded $34,995 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
NORTH CAROLINA HOSPITAL ASSOCIATION PURPOSE: TO FURTHER HEALTHCARE EDUCATION AND ADVOCACY | $7,995 |
COALITION TO PROTECT AMERICA'S HEALTH CARE PURPOSE: TO FURTHER HEALTHCARE EDUCATION AND ADVOCACY | $10,000 |
THE FUND FOR POLITICAL EDUCATION PURPOSE: TO FURTHER HEALTHCARE EDUCATION AND ADVOCACY | $17,000 |