Methodist Hospital Plainview Texas FY2020 filing

Tax-deductible

Plainview, TX501(c)(3)Since 1998HospitalsEIN 75-2426010Revenue $50.8M in FY2020

On file with the IRScovenanthealth.org/plainview2601 Dimmitt Rd, 79072-1833 · Plainview, TXTax-exempt since Nov 1992Hospital or medical research org — 170(b)(1)(A)(iii)

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501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
$1000K paid to officers and key staff.
Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $8.5M a year · 13% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1000K
to officers and key staff · 2% of spending
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 5.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $3.4M
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$24.1M
35% of total assets
Looks good: liabilities are 35% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 11 voting members
Looks good: 10 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$50.8M
Spent
$57.4M
To programs
85%
Net assets
$43.9M
By yearFY2020–FY2024
Revenue
$50.8M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$50.8M
FY2021$63.4M
FY2022$67.9M
FY2023$65.9M
FY2024$75.3M
Expenses
$57.4M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$57.4M
FY2021$71.2M
FY2022$79.5M
FY2023$79.3M
FY2024$78.4M
Net assets
$43.9M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$43.9M
FY2021$55.0M
FY2022$64.5M
FY2023$67.3M
FY2024$64.4M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 1992.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $48.8M Management & general 15% · $8.7M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

21 people listed on the 990; $1000K paid to officers and key staff.

Part VII, Section A · reportable compensation
CEO (part Year)
$248,183Pt VII · Sec A
Dir, Nursing
$163,502Pt VII · Sec A
Pharmacist in Charge
$161,887Pt VII · Sec A
SR Echocardiogram Technologist
$121,111Pt VII · Sec A
Nurse Practitioner
$116,960Pt VII · Sec A
Clinical Pharmacist
$112,236Pt VII · Sec A
Board Member/CEO (part Year)
$75,752Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Leslie Hackett’s $244K as Chief Nursing Officer is at the 31st percentile of top reported officer pay among 2901 $10–100M health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Cassie Mogg$235,016$251,455$255,769$230,458$75,752
Bob Copeland————$248,183
Leslie Hackett$243,716$207,839$204,871$194,445$163,502
Jessica Elkins$239,940—$181,173——
Julia Ontiveros$229,910$218,692———
Carl Scales$221,198$187,495$176,959——
Robin Stanfield$208,588$207,217$209,972$176,710$116,960
Krisann Schulz—$194,656———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides high-quality, compassionate healthcare and advocacy services to all individuals, with a special focus on serving poor, vulnerable, and underinsured populations.

Questions for Methodist Hospital Plainview Texas

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Provided by the organization

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1 program · $48.8M · in their own filed words · FY2020
01

See schedule oat providence, we use our voice to advocate for vulnerable populations and needed reforms in health care. We are also pursuing innovative ways to transform health care by keeping people healthy, and making our services more convenient, accessible and affordable for all.

$48.8Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$3.4M

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$50.8M
Ln 12
Fees for servicesLn 2g$49.6M
Gifts and grantsLn 1h$1.2M
Investment incomeLn 3$39K
Money outPt IX
$57.4M
Ln 25
Programscol B$48.8M
Managementcol C$8.7M
Owns and owesPt X
$43.9M
net assets · Ln 32
Cash and savingsLn 1–2$26.5M
Total assetsLn 16$68.1M
LiabilitiesLn 26$24.1M
PeoplePt VI, VII
21
listed · VII A
PaidVII A7
Voting boardVI 1a11
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.2M
Government grantsLn 1e$1.2M
Fees for servicesLn 2g$49.6M
Investment incomeLn 3$39K
Other incomeLn 4–11$997
Gains on assetsLn 7−$391
Total revenueLn 12$50.8M
Assets in detailPt X, end of year
CashLn 1$12.7M
SavingsLn 2$13.8M
Cash and savings togetherLn 1–2$26.5M
Land, buildings, equipmentLn 10c$31.1M
Other assetsLn 15$2.1M
Total assetsLn 16$68.1M
LiabilitiesLn 26$24.1M
Net assetsLn 32$43.9M
OperationsPt I, VI
EmployeesI 5503
VolunteersI 643
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$8.6M$26.5M
Land, buildings, equipmentLn 10c$30.5M$31.1M
Total assetsLn 16$49.2M$68.1M
LiabilitiesLn 26$11.4M$24.1M
Net assetsLn 32$37.8M$43.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$345K$345K
Other salaries and wagesLn 7$14.4M$13.1M$1.3M
Pension plan contributionsLn 8$268K$237K$30K
Other employee benefitsLn 9$103K$91K$12K
Payroll taxesLn 10$1.0M$918K$118K
Management feesLn 11a$2.8M$2.8M
Other fees for servicesLn 11g$12.1M$10.7M$1.4M
Advertising and promotionLn 12$165K$147K$19K
Office expensesLn 13$636K$564K$72K
OccupancyLn 16$1.3M$1.1M$137K
TravelLn 17$28K$25K$3K
Conferences, conventions and meetingsLn 19$9K$8K$998
InterestLn 20$54$48$6
Depreciation, depletion and amortizationLn 22$2.7M$2.7M
Other expenses (24a–d)Ln 24$21.3M$18.9M$2.3M
All other expensesLn 24e$284K$252K$32K
Total functional expensesLn 25$57.4M$48.8M$8.7M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $75.3M$78.4M−$3.1M$64.4M 990 PDF
FY2023 $65.9M$79.3M−$13.4M$67.3M 990 PDF
FY2022 $67.9M$79.5M−$11.6M$64.5M 990 PDF
FY2021 $63.4M$71.2M−$7.8M$55.0M 990 PDF
FY2020 Viewing $50.8M$57.4M−$6.7M$43.9M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $50,789,691 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $4,567,123$1,189,854
I-9 Program service revenuePrior year $44,188,935$49,559,424
I-10 Investment incomePrior year $77,860$39,416
I-11 Other revenuePrior year $8,225$997
I-12 Total revenuePrior year $48,842,143$50,789,691
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $15,656,614$16,142,588
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $37,591,002$41,299,736
I-18 Total expensesPrior year $53,247,616$57,442,324
I-19 Revenue less expensesPrior year −$4,405,473−$6,652,633
Part VI · Governance 10 of 11 board members independent, 1 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members10
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $50,789,691 across 7 lines filed
VIII-1e Government grants$1,189,854
VIII-1h Total contributions, gifts and grants$1,189,854
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $49,559,424$49,559,424
VIII-3 Investment incomeExcluded from tax $39,807$39,807
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$391−$391
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $997$997
VIII-12 Total revenueRelated to mission $49,560,421 · Unrelated business $0 · Excluded from tax $39,416$50,789,691
Part IX · Statement of functional expenses $57,442,324 across 16 lines filed
IX-5 Pay of current officers, directors and key staffManagement $345,488$345,488
IX-7 Other salaries and wagesPrograms $13,056,673 · Management $1,333,696$14,390,369
IX-8 Pension plan contributionsPrograms $237,153 · Management $30,500$267,653
IX-9 Other employee benefitsPrograms $91,481 · Management $11,765$103,246
IX-10 Payroll taxesPrograms $917,797 · Management $118,035$1,035,832
IX-11a Management feesManagement $2,847,813$2,847,813
IX-11g Other fees for servicesPrograms $10,720,107 · Management $1,378,683$12,098,790
IX-12 Advertising and promotionPrograms $146,632 · Management $18,858$165,490
IX-13 Office expensesPrograms $563,693 · Management $72,495$636,188
IX-16 OccupancyPrograms $1,113,872 · Management $136,770$1,250,642
IX-17 TravelPrograms $24,726 · Management $3,180$27,906
IX-19 Conferences, conventions and meetingsPrograms $7,757 · Management $998$8,755
IX-20 InterestPrograms $48 · Management $6$54
IX-22 Depreciation, depletion and amortizationPrograms $2,705,321$2,705,321
IX-24 Other expenses (24a–d)Programs $18,942,045 · Management $2,332,637$21,274,682
IX-24e All other expensesPrograms $251,721 · Management $32,374$284,095
IX-25 Total functional expensesPrograms $48,779,026 · Management $8,663,298 · Fundraising $0$57,442,324
Part X · Balance sheet $68,076,491 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $2,095,296$12,711,415
X-2 Savings and temporary cash investmentsStart of year $6,543,674$13,811,256
X-4 Accounts receivableStart of year $7,313,343$7,847,664
X-8 Inventories for sale or useStart of year $465,679$542,029
X-10c Land, buildings and equipment, netStart of year $30,454,710$31,082,777
X-15 Other assetsStart of year $2,333,079$2,081,350
X-16 Total assetsStart of year $49,205,781$68,076,491
X-17 Accounts payable and accrued expensesStart of year $4,402,820$5,015,456
X-19 Deferred revenue$8,844,603
X-25 Other liabilitiesStart of year $7,027,743$10,273,676
X-26 Total liabilitiesStart of year $11,430,563$24,133,735
X-27 Net assets without donor restrictionsStart of year $37,775,218$43,942,756
X-32 Total net assets or fund balancesStart of year $37,775,218$43,942,756
X-33 Total liabilities and net assetsStart of year $49,205,781$68,076,491
Part XI · Reconciliation of net assets $43,942,756 net assets at year end
XI-1 Total revenue$50,789,691
XI-2 Total expenses$57,442,324
XI-3 Revenue less expenses−$6,652,633
XI-4 Net assets at start of year$37,775,218
XI-9 Other changes in net assets$12,820,171
XI-10 Net assets at end of year$43,942,756

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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