Methodist Hospital Self Insurance Trust

Organization Overview

Methodist Hospital Self Insurance Trust is located in Houston, TX. The organization was established in 1979. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Methodist Hospital Self Insurance Trust 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, Methodist Hospital Self Insurance Trust generated $20.3m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $14.7m during the year ending 12/2021. 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

THE ORGANIZATION IS A TRUST AND WAS CREATED TO PROVIDE FOR THE SAFE KEEPING AND INVESTMENT OF FUNDS CONTRIBUTED BY THE METHODIST HOSPITAL (TMH), DOING BUSINESS AS HOUSTON METHODIST HOSPITAL, TO PROVIDE FOR FUNDING OF REASONABLE COSTS INCURRED IN PROTECTING HOUSTON METHODIST HOSPITAL ENTITIES AGAINST MALPRACTICE AND COMPREHENSIVE GENERAL PATIENT LIABILITY LOSSES.


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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$12,327,926
Investment income $8,000,000
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $20,327,926

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