Methodist Hospitals Of Dallas

Organization Overview

Methodist Hospitals Of Dallas, operating under the name Methodist Health System, is located in Dallas, TX. The organization was established in 1937. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 09/2021, Methodist Health System employed 9,412 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Methodist Health System 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 09/2021, Methodist Health System generated $1.8b in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $1.5b during the year ending 09/2021. While expenses have increased by 6.1% per year over the past 6 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.

Since 2015, Methodist Health System has awarded 288 individual grants totaling $212,261,121. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO IMPROVE AND SAVE LIVES THROUGH COMPASSIONATE QUALITY HEALTH CARE.

Describe the Organization's Program Activity:

THE PRIMARY MISSION OF THE METHODIST HOSPITALS OF DALLAS D/B/A METHODIST HEALTH SYSTEM (MHS) IS TO SERVE PEOPLE IN DEFINED SERVICE AREAS BY MEETING THEIR HEALTH NEEDS EFFECTIVELY AND IN A MANNER THAT REFLECTS A COMMITMENT TO CHRISTIAN CONCEPTS OF LIFE AND LEARNING. THIS MISSION IS PURSUED BY OPERATING SIX GENERAL ACUTE-CARE HOSPITALS AND OTHER HEALTHCARE SERVICES, EDUCATION AND SUPPORT PROGRAMS NEEDED BY THE COMMUNITIES IN NORTH CENTRAL TEXAS. THE HOSPITALS ARE: METHODIST DALLAS MEDICAL CENTER (MDMC), A 592 LICENSED BED TEACHING REFERRAL HOSPITAL; METHODIST CHARLTON MEDICAL CENTER (MCMC), A 314 LICENSED BED TEACHING HOSPITAL; METHODIST MANSFIELD MEDICAL CENTER (MMMC), A 262 LICENSED BED HOSPITAL; METHODIST RICHARDSON MEDICAL CENTER (MRMC) WHICH NOW OPERATES A 443 LICENSED BED HOSPITAL ACROSS TWO CAMPUSES, METHODIST MIDLOTHIAN (MLMC), A 46 LICENSED BED HOSPITAL; AND METHODIST SOUTHLAKE MEDICAL CENTER (MSMC), A 54 LICENSED BED HOSPITAL. (CONTINUED ON SCHEDULE O)


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Board Of Directors
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Skiles Group Inc
Construction Services
$12,099,811
Vizient Inc
Contract Labor Agency Services
$12,780,992
Dpr Construction A General Partner
Construction Services
$46,072,345
Aramark Healthcare Support Services
Food And Environmental Services
$13,877,329
Austin Commercial Lp
Construction Services
$8,817,275
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$17,685,396
Government grants $63,232,041
All other contributions, gifts, grants, and similar amounts not included above$1,090,228
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$82,007,665
Total Program Service Revenue$1,654,338,031
Investment income $14,327,353
Tax Exempt Bond Proceeds $0
Royalties $39,641
Net Rental Income $2,241,683
Net Gain/Loss on Asset Sales $17,365,890
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,778,931,007

Grants Awarded

Over the last fiscal year, Methodist Hospitals Of Dallas has awarded $26,577,523 in support to 39 organizations.

Grant RecipientAmount

DALLAS COUNTY INDIGENT CARE CORP

Org PageRecipient Profile

Dallas, TX

PURPOSE: Indigent care

$14,204,219

DALLAS SAFETY NET SUPPORT CORPORATION

Org PageRecipient Profile

Dallas, TX

PURPOSE: indigent care

$8,819,977

TARRANT COUNTY INDIGENT CARE

Org PageRecipient Profile

Arlington, TX

PURPOSE: Indigent care

$2,675,599

TARRANT SAFETY NET SUPPORT CORPORATION

Org PageRecipient Profile

Arlington, TX

PURPOSE: indigent care

$492,050

RICHARDSON CHAMBER OF COMMERCE

Org PageRecipient Profile

Richardson, TX

PURPOSE: Community Outreach

$26,181

GO OAK CLIFF

PURPOSE: Community Outreach

$21,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Methodist Hospitals Of Dallas has recieved totaling $39,000.

Awarding OrganizationAmount
Foundation Forsurgical Fellowships

Los Angeles, CA

PURPOSE: General Support

$30,000
American Heart Association Inc

Dallas, TX

PURPOSE: HEART FAILURE PROGRAM

$9,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$92,094,390
Earnings$23,541,132
Other Expense$7,847,617
Ending Balance$107,787,905

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