M D Anderson Services Corporation is located in Houston, TX. The organization was established in 1990. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. As of 08/2019, M D Anderson Services Corporation employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 08/2019, M D Anderson Services Corporation generated $37.6m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $2.8m during the year ending 08/2019. While expenses have increased by 9.6% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
MDASC PROVIDES A BROAD RANGE OF SERVICES TO ELEVATE THE LEVEL OF CANCER CARE IN THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SERVICES: MDASC IS A TEXAS NONPROFIT CORPORATION THAT WAS ORGANIZED IN 1989 AS A SUPPORTING ORGANIZATION TO MDACC. MDACC IS ONE OF THE WORLD'S MOST RESPECTED INSTITUTIONS DEVOTED EXCLUSIVELY TO CANCER PATIENT CARE, RESEARCH, EDUCATION AND PREVENTION. MDASC SUPPORTS MDACC'S MISSION BY ACTING AS AN INSTRUMENT THROUGH WHICH MDACC DELIVERS PROGRAMS TO ACHIEVE MDACC'S MISSION. MDASC'S LONGEST ESTABLISHED EXTRAMURAL RELATIONSHIPS ARE SERVICES AGREEMENTS, PURSUANT TO WHICH MDASC PROVIDES A BROAD RANGE OF CLINICAL SUPPORT SERVICES (INCLUDING MDACC'S CLINICAL GUIDELINES, MULTI-DISCIPLINARY TREATMENT PLANNING METHODOLOGIES, ONCOLOGY QUALITY MANAGEMENT AND BEST PRACTICES PROGRAMS, PHYSICIAN EDUCATION, AND ONCOLOGY CONSULTATIONS) TO ADVANCE THE TREATMENT OF CANCER IN COMMUNITY HOSPITAL OR INTERNATIONAL SETTINGS. PURSUANT TO THE SERVICES AGREEMENT FOR M. D. ANDERSON INTERNATIONAL ESPANA IN MADRID, SPAIN, MDASC SUPPORTS SPAIN'S FIRST MULTI-DISCIPLINARY FULL-SERVICE CANCER CENTER. THE SPAIN CANCER CENTER HAS PROVIDED A LEVEL OF SPECIALIZED ONCOLOGY CARE THAT WAS PREVIOUSLY UNAVAILABLE IN SPAIN. IN 2009, MDASC ALSO ENTERED INTO A SERVICES AGREEMENT WITH AMERICAN HOSPITAL IN ISTANBUL, TURKEY PURSUANT TO WHICH PATIENTS ARE NOW ABLE TO RECEIVE RADIATION TREATMENT FOR CANCER THAT IS IN ACCORDANCE WITH MDACC'S STANDARDS. IN ADDITION TO THESE ACTIVITIES, MDASC ROUTINELY ASSISTS MDACC IN ITS DEVELOPMENT OF VARIOUS PROGRAMS TO IMPLEMENT MDACC'S METHODOLOGIES FOR THE DELIVERY OF HIGH-QUALITY CANCER CARE IN COMMUNITY SETTINGS. FINALLY, MDASC PROVIDES MANAGEMENT EXPERTISE TO ITS RELATED NON-PROFIT EXEMPT ORGANIZATION, M. D. ANDERSON PHYSICIANS NETWORK AND MDACC. MDASC ALSO HOLDS AND ADMINISTERS A PERMANENT ENDOWMENT VALUED IN EXCESS OF $500 MILLION DOLLARS EXCLUSIVELY FOR THE BENEFIT OF MDACC.THE M. D. ANDERSON CARING FUND (THE "FUND") WAS ESTABLISHED BY THE ORGANIZATION IN SEPTEMBER 2011 AS A DISASTER RELIEF FUND TO ASSIST MDACC'S EMPLOYEES AND EDUCATIONAL APPOINTEES IN SECURING TEMPORARY NEEDS THAT MAY OCCUR AS A RESULT OF A LOSS OF A PRIMARY HOME OR A PRIMARY RESIDENCE DUE TO A STATE AND/OR FEDERAL GOVERNMENT DECLARED DISASTER. THE FUND PROVIDED FIXED $1,000 GRANTS TO ADDRESS THE ACUTE OR TEMPORARY NEEDS (E.G., SECURING FOOD AND SHELTER) OF MDACC EMPLOYEES AND EDUCATIONAL APPOINTEES AS A RESULT OF A LOSS OF A PRIMARY HOME OR A PRIMARY RESIDENCE DUE TO A STATE AND/OR FEDERAL GOVERNMENT DECLARED DISASTER. IN FISCAL YEAR 2018, THE FUND DISBURSED NEARLY $1.2 MILLION IN GRANTS TO THOSE IMPACTED BY HURRICANE HARVEY. THE ORGANIZATION ACCEPTS DONATIONS TO THE FUND FROM ITS OWN EMPLOYEES, MDACC EMPLOYEES, AND OTHERS. THE ORGANIZATION HOLDS DONATIONS TO THE FUND IN A SEGREGATED ACCOUNT AND MAKES GRANTS FROM THE FUND IN ACCORDANCE WITH THE M. D. ANDERSON CARING FUND PROGRAM POLICY (THE "POLICY"). THE ORGANIZATION PROVIDES CONTRIBUTORS TO THE FUND WITH WRITTEN TAX RECEIPT LETTERS FOR THEIR DESIGNATED GIFT TO THE FUND.IN FY19, THE FUND ISSUED 14 GRANTS TOTALING $25,700. THE CHARTER FOR THE FUND WAS EXPANDED TO PROVIDE ASSISTANCE FOR SPECIFIC QUALIFYING FINANCIAL HARDSHIPS IN ADDITION TO DISASTER RELIEF AND THE GRANT SIZE WAS AMENDED TO ALLOW VARIABLE GRANT SUPPORT UP TO A MAXIMUM OF $2,000.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael W Brown Mdasc & Mdapn President | Officer | 9 | $646,433 |
Laura Gilchrist Mdasc & Mdapn Vp/gen Csl | Officer | 11 | $369,257 |
Emily Kuo Associate General Counsel | Officer | 10 | $362,466 |
Kimberly Bergen Mdasc & Mdapn VP & CFO | Officer | 13 | $343,002 |
Larry Keller Mdasc & Mdapn Avp/acct | Officer | 11 | $248,902 |
Denise Spring Managing Director/strategic Liason | 0.01 | $218,073 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Chivaroli & Associates Insurance Broker | 8/30/19 | $526,339 |
Bracewelll And Giuliana Legal | 8/30/19 | $132,968 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $233,686 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $33,054,852 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $563,825 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $37,583,353 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $25,700 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $591,911 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $389,941 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $103,429 |
Payroll taxes | $51,482 |
Fees for services: Management | $0 |
Fees for services: Legal | $601,511 |
Fees for services: Accounting | $67,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $73,273 |
Advertising and promotion | $0 |
Office expenses | $28,117 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $178,959 |
Travel | $192,888 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $550 |
Interest | $0 |
Payments to affiliates | $217,073 |
Depreciation, depletion, and amortization | $1,899 |
Insurance | $23,640 |
All other expenses | $0 |
Total functional expenses | $2,759,866 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $95,482,444 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,156,249 |
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 | $509,027 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $670,524,950 |
Total assets | $767,680,076 |
Accounts payable and accrued expenses | $544,934 |
Grants payable | $0 |
Deferred revenue | $324,950 |
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 | $304,616,065 |
Total liabilities | $305,485,949 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | $462,194,127 |
Over the last fiscal year, we have identified 4 grants that M D Anderson Services Corporation has recieved totaling $119,600.
Awarding Organization | Amount |
---|---|
Direct Relief Santa Barbara, CA PURPOSE: SUPPORT TO US CLINICS & HEALTH CENTERS FOR LOW-INCOME, UNINSURED PATIENTS | $44,800 |
Direct Relief Santa Barbara, CA PURPOSE: SUPPORT TO US CLINICS & HEALTH CENTERS FOR LOW-INCOME, UNINSURED PATIENTS | $44,800 |
American Junior Golf Foundation Inc Braselton, GA PURPOSE: General Support | $25,000 |
Gulf Coast Community Foundation Inc Venice, FL PURPOSE: HEALTH | $5,000 |
Beg. Balance | $649,492,466 |
Earnings | $27,965,834 |
Admin Expense | $29,314,671 |
Ending Balance | $648,143,629 |
Organization Name | Assets | Revenue |
---|---|---|
Baker & Botts Llp Employees Health Care Trust Agreement Houston, TX | $3,789,441 | $19,867,687 |
Georges Inc Medical Tr Springdale, AR | $3,808,503 | $19,628,659 |
Heart Of Texas Memorial Hospital Brady, TX | $57,981,362 | $27,695,651 |
Shannon Business Services Inc San Angelo, TX | $5,823,396 | $16,328,723 |
Lsu Health Foundation New Orleans New Orleans, LA | $163,045,964 | $16,219,820 |
Paso Del Norte Health Foundation El Paso, TX | $255,526,957 | $23,374,956 |
Texas Medical Center Foundation Houston, TX | $1,744,431 | $8,894,537 |
Conway Regional Hospital Employees Medical Trust Conway, AR | $1,885,537 | $11,607,764 |
Integris Health Foundation Inc Oklahoma City, OK | $75,771,148 | $10,101,207 |
Presbyterian Health Foundation Oklahoma City, OK | $0 | $7,892,829 |
Anchorum St Vincent Santa Fe, NM | $142,296,047 | $10,827,762 |
San Antonio Medical Foundation San Antonio, TX | $8,350,520 | $1,163,072 |
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