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The Methodist Hospital

Houston Methodist Hospital

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 741180155 ✦ Houston, TX ✦ Designated as a 501(c)(3)

Overview

What is The Methodist Hospital?

The Methodist Hospital, located in Houston, Texas, is a renowned nonprofit healthcare institution operating with 1,365 licensed beds in its facilities. With over 13,000 employees, it recorded approximately 569,000 visits in 2022, including 437,000 outpatient visits, 92,000 emergency room visits, and 40,000 inpatient admissions. The hospital offers a comprehensive range of medical services, including anesthesiology, cardiovascular surgery, dermatology, family medicine, internal medicine, cardiology, clinical immunology, and various others. It provides ambulatory surgery, a blood donor center, a rehabilitation center, and skilled nursing services, as well as preventive health care instruction. The hospital also operates a multi-organ transplant center, performing kidney, heart, lung, liver, pancreas, and bone marrow transplants. The Methodist Hospital's mission is to deliver high-quality, cost-effective healthcare, offering the best value to the community in a caring spiritual environment, associated with internationally recognized teaching and research.


Official website here: www.houstonmethodist.org

Is The Methodist Hospital legitimate?

The Methodist Hospital is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Methodist Hospital submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $16,517,166
Professional Fundraising Fees: $0
Other Salaries and Wages: $724,327,202

For more financial information, click here


Official website here: www.houstonmethodist.org

What is the mission statement of The Methodist Hospital?

The Methodist Hospital is dedicated to delivering top-notch, cost-effective healthcare in a caring environment. This internationally recognized institution provides a wide range of medical services, from anesthesiology and cardiovascular surgery to dermatology and urology. It caters to over 569,000 visits yearly, including outpatient, emergency room, and inpatient admissions. The hospital offers various patient services, such as ambulatory surgery, blood donor center, rehabilitation center, skilled nursing facility, and preventive health care instruction. Additionally, it operates a multiorgan transplant center, performing kidney, heart, lungs, liver, pancreas, and bone marrow transplants. Beyond medical care, The Methodist Hospital contributes to the community through health professional and patient education, donations to healthcare-related events, and medical research.


Official website here: www.houstonmethodist.org

Who is the CEO of The Methodist Hospital?

Marc L Boom Md is the Principal Officer of The Methodist Hospital.


Official website here: www.houstonmethodist.org

What is the revenue of The Methodist Hospital?

The Methodist Hospital's revenue in 2022 was $2,895,491,123.


Official website here: www.houstonmethodist.org

Who are the executives of The Methodist Hospital and what are their salaries?

The average compensation at The Methodist Hospital during 2022 was $54,841. There are 13,509 employees and 1,203 volunteers at The Methodist Hospital.

Here are 5 key members and their salaries:

    Seven Key Employees-See Methodist (Hospital Group Return-Sche)
  • Compensation: $8,336,987
  • Related: $0
  • Other: $1,220,607

    • Nine Officerdir-See Methodist (Hospital Group Return-Sche) [Trustee/Director]
  • Compensation: $4,017,895
  • Related: $0
  • Other: $803,242

    • Four Highest Paid-See Methodist (Hospital Group Return-Sche)
  • Compensation: $3,238,786
  • Related: $15,212
  • Other: $530,770

    • One Officer-See Methodist (Hospital Group Return-Sche)
  • Compensation: $1,794,772
  • Related: $0
  • Other: $250,163

    • Sixteen Directors-See Methodist (Hospital Group Return-Sche) [Trustee/Director]
  • Compensation: $93,500
  • Related: $772,807
  • Other: $38,150


  • Official website here: www.houstonmethodist.org

    Where can I find the form 990 for The Methodist Hospital?

    The The Methodist Hospital’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.houstonmethodist.org

    Learn more at the official website: www.houstonmethodist.org

    Mission Statement of The Methodist Hospital

    The Methodist Hospital, a renowned institution, is dedicated to delivering high-quality, cost-effective healthcare in a spiritual environment of caring. With a mission to provide the best value to those it serves, the hospital offers a comprehensive range of medical services.

    The Methodist Hospital prides itself on providing a broad spectrum of medical care, encompassing anesthesiology, cardiovascular surgery, dermatology, family medicine, general surgery, internal medicine, cardiology, clinical immunology, gastroenterology, general medicine, hematology, hypertension treatment, infectious diseases, medical genetics, metabolic and endocrine diseases, nuclear medicine, oncology, pharmacology, pulmonary diseases, renal diseases, rheumatology, neurophysiology, neurosurgery, obstetrics and gynecology, ophthalmology, orthopedic surgery, otolaryngology-head & neck surgery, pathology, pediatrics, physical medicine and rehabilitation, plastic surgery, psychiatry, radiology, radiotherapy, and urology.

    Additionally, the hospital offers a range of patient services, including ambulatory surgery, a blood donor center, a rehabilitation center, a skilled nursing facility, and preventive health care instruction, such as smoking cessation, stress management, weight control, and cardiac and pulmonary rehabilitation. The Methodist Hospital also operates a multi-organ transplant center, performing kidney, heart, lungs, liver, pancreas, and bone marrow transplants.

    Beyond providing medical care, The Methodist Hospital contributes to the community through education, donations to healthcare-related events and other services, and medical and health research.

    Impact

    This information is meant to be a general summary of The Methodist Hospital. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Methodist Hospital, located in Houston, Texas, is a major healthcare institution providing a wide range of medical services to the community. In 2022 alone, The Methodist Hospital recorded over half a million visits, including outpatient visits, emergency room visits, and inpatient admissions. The hospital performed thousands of surgeries, ranging from inpatient to outpatient procedures, and offers a comprehensive list of medical services in various specialties.

    The impact of The Methodist Hospital extends beyond providing medical care. The hospital operates a multi-organ transplant center, offering life-saving procedures like kidney, heart, lung, liver, pancreas, and bone marrow transplants. Additionally, the hospital is actively involved in educating health professionals and patients, community health education, donations to healthcare-related events, and ongoing medical and health research.

    By delivering high-quality and cost-effective healthcare in a compassionate and spiritually supportive environment, The Methodist Hospital is dedicated to providing the best possible value to the people it serves.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $42,016,831
  • Program Service Revenue: $2,737,750,742
  • Gross Receipts: $6,519,136,972

    • Assets and Liabilities:
  • Total Assets: $9,864,255,911
  • Total Liabilities: $3,248,071,102
  • Net Assets: $6,616,184,809
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PATIENT CARE SERVICES

    Revenue

    $2,706,583,508

    RELATED ORG. RENT

    Revenue

    $31,167,234

    Organization Details

    Founding Year

    1946

    Principal Officer

    Marc L Boom Md

    Main Address

    6565 FANNIN ST GB 240, HOUSTON, TX, 770302707

    NTEE Category

    Code: E21 - Health

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