TEXAS HEART MEDICAL GROUP: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- TEXAS HEART MEDICAL GROUP (EIN 84-3475904)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2025-02-03
- IRS object ID
- 202520349349301532
- Schema version
- 2023v6.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-02-03T13:19:56-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 760269860 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Blazek & Vetterling | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2900 Weslayan Suite 200 | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77027 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 843475904 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Texas Heart Medical Group | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | TEXA | BusinessNameControlTxt |
| Phone | 8323554011 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6770 Bertner Ave | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77030 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Howard Schramm | PersonNm |
| Person Title | Treasurer | PersonTitleTxt |
| Phone | 8323554011 | PhoneNum |
| Signature | 2025-02-03 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Barbara Murphy | PreparerPersonNm |
| PTIN | P01386215 | PTIN |
| Phone | 7134395739 | PhoneNum |
| Preparation | 2025-02-03 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | See Schedule O | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Howard Schramm | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6770 Bertner Ave | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77030 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $18,621,898 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.texasheartmedical.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2019 | FormationYr |
| Legal Domicile State | TX | LegalDomicileStateCd |
| Activity Or Mission | To provide cutting-edge cardiac care to diagnose, treat, and prevent cardiovascular diseases. | ActivityOrMissionDesc |
| Voting Members Governing Body | 5 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 0 | VotingMembersIndependentCnt |
| Total Employee | 79 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $11,248,786 | PYContributionsGrantsAmt |
| CY Contributions Grants | $6,973,886 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $8,669,850 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $11,648,012 | CYProgramServiceRevenueAmt |
| PY Investment Income | $0 | PYInvestmentIncomeAmt |
| CY Investment Income | $0 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $19,918,636 | PYTotalRevenueAmt |
| CY Total Revenue | $18,621,898 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $11,317,244 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $14,415,919 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,716,667 | PYOtherExpensesAmt |
| CY Other Expenses | $4,927,855 | CYOtherExpensesAmt |
| PY Total Expenses | $15,033,911 | PYTotalExpensesAmt |
| CY Total Expenses | $19,343,774 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $4,884,725 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$721,876 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $16,403,692 | TotalAssetsBOYAmt |
| Total Assets EOY | $14,871,033 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $8,849,647 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $8,038,864 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $7,554,045 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $6,832,169 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | See Schedule O | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $19,343,774 | ExpenseAmt |
| Revenue | $11,648,012 | RevenueAmt |
| Desc | Texas Heart Medical Group (THMG) provides cutting-edge cardiac care to diagnose, treat, and prevent cardiovascular diseases, participates in scientific research, and supports medical education and scholarship. THMG is a multi-cultural medical group practice affiliated with the world-renowned Texas Heart Institute that specializes in comprehensive cardiovascular care. Its practice includes 16 physicians specializing in all areas of cardiac care and peripheral vascular disease. | Desc |
| Total Program Service Expenses | $19,343,774 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 36 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 79 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 5 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 0 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Darin Maxwell | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8323553653 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6770 Bertner Ave | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77030 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| Joseph Rogers | ||||||||
| Chair | 15.00 | 25.00 | Yes (X) | Yes (X) | $170,475 | $781,717 | $22,827 | |
| Emerson Perin | ||||||||
| Director | 15.00 | 25.00 | Yes (X) | $459,802 | $562,650 | $25,876 | ||
| Alberto Lopez | ||||||||
| Director | 40.00 | 0.00 | Yes (X) | $772,918 | $0 | $30,049 | ||
| D Richard Leachman | ||||||||
| Director | 40.00 | 0.00 | Yes (X) | $760,693 | $0 | $8,778 | ||
| Stephanie Coulter | ||||||||
| Director | 40.00 | 0.00 | Yes (X) | $829,333 | $0 | $30,049 | ||
| Eduardo Hernandez | ||||||||
| President | 40.00 | 0.00 | Yes (X) | $784,241 | $0 | $23,650 | ||
| Howard Schramm | ||||||||
| Treasurer | 1.00 | 41.00 | Yes (X) | $0 | $402,585 | $23,551 | ||
| Marcia Strauss | ||||||||
| Secretary | 1.00 | 40.00 | Yes (X) | $0 | $145,410 | $2,508 | ||
| Zvonimir Krajcer | ||||||||
| Physician | 40.00 | 0.00 | $528,848 | $0 | $8,778 | Yes (X) | ||
| Jennifer Cozart | ||||||||
| Physician | 40.00 | 0.00 | $841,119 | $0 | $8,513 | Yes (X) | ||
| Alexander Postalian Yrausquin | ||||||||
| Physician | 40.00 | 0.00 | $519,613 | $0 | $30,049 | Yes (X) | ||
| Charles Hallman | ||||||||
| Physician | 40.00 | 0.00 | $856,261 | $0 | $17,973 | Yes (X) | ||
| James Livesay | ||||||||
| Physician | 40.00 | 0.00 | $696,478 | $0 | $22,429 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $7,219,781 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $1,892,362 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $255,030 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 22 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Allscripts Healthcare LLC | |||||
| 24630 Network Place | Chicago | IL | 60673 | Information technology | $183,658 |
| SP Plus Parking | |||||
| PO Box 790402 | St Louis | MO | 63179 | Parking management | $151,897 |
| ECG Topco Holdings LLC | |||||
| PO Box 74008176 | Chicago | IL | 60674 | Consulting | $150,208 |
| Bracewell LLP | |||||
| 711 Louisiana St Ste 2300 | Houston | TX | 77002 | Legal | $140,487 |
| CommonSpirit Health Research Institute | |||||
| 198 Inverness Dr West | Englewood | CA | 80112 | Software services | $109,148 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $6,973,886 | RelatedOrganizationsAmt |
| Total Contributions | $6,973,886 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Patient services | Desc |
| Business | 621110 | BusinessCd |
| Total Revenue Column | $11,648,012 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $11,648,012 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $11,648,012 | TotalProgramServiceRevenueAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $18,621,898 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $11,648,012 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $978,366 | TotalAmt |
| Program Services | $978,366 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,007,419 | TotalAmt |
| Program Services | $12,007,419 | ProgramServicesAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $135,041 | TotalAmt |
| Program Services | $135,041 | ProgramServicesAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $733,450 | TotalAmt |
| Program Services | $733,450 | ProgramServicesAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $561,643 | TotalAmt |
| Program Services | $561,643 | ProgramServicesAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $756,599 | TotalAmt |
| Program Services | $756,599 | ProgramServicesAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $74,107 | TotalAmt |
| Program Services | $74,107 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $277,584 | TotalAmt |
| Program Services | $277,584 | ProgramServicesAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $195,143 | TotalAmt |
| Program Services | $195,143 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $938,881 | TotalAmt |
| Program Services | $938,881 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,622 | TotalAmt |
| Program Services | $18,622 | ProgramServicesAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $60,350 | TotalAmt |
| Program Services | $60,350 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $858,289 | TotalAmt |
| Program Services | $858,289 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $224,030 | TotalAmt |
| Program Services | $224,030 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| Material and supplies | $1,176,545 | $1,176,545 |
| Dues and licenses | $170,812 | $170,812 |
| Repairs and maintenance | $99,070 | $99,070 |
| Equipment expenses | $49,941 | $49,941 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,882 | TotalAmt |
| Program Services | $27,882 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,343,774 | TotalAmt |
| Program Services | $19,343,774 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $286,949 | BOYAmt |
| EOY | $457,526 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,960,876 | BOYAmt |
| EOY | $1,871,792 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $111,247 | BOYAmt |
| EOY | $218,350 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $8,106,661 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,193,832 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,997,115 | BOYAmt |
| EOY | $6,912,829 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,047,505 | BOYAmt |
| EOY | $5,410,536 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,403,692 | BOYAmt |
| EOY | $14,871,033 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,523,639 | BOYAmt |
| EOY | $1,384,850 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,326,008 | BOYAmt |
| EOY | $6,654,014 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,849,647 | BOYAmt |
| EOY | $8,038,864 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,554,045 | BOYAmt |
| EOY | $6,832,169 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,554,045 | BOYAmt |
| EOY | $6,832,169 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,403,692 | BOYAmt |
| EOY | $14,871,033 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$721,876 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $2,468,001 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,016,655 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $11,248,786 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,973,886 | CurrentTaxYearAmt |
| Total | $25,707,328 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $1,946,918 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $8,747,061 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $8,669,850 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $11,648,012 | CurrentTaxYearAmt |
| Total | $31,011,841 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $4,414,919 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $13,763,716 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $19,918,636 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $18,621,898 | CurrentTaxYearAmt |
| Total | $56,719,169 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $56,719,169 | PublicSupportTotal509Amt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $4,414,919 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $13,763,716 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $19,918,636 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $18,621,898 | CurrentTaxYearAmt |
| Total | $56,719,169 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| First5 Years509 | Yes (X) | First5Years509Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,225,382 | OtherCostOrOtherBasisAmt |
| Depreciation | $666,470 | DepreciationAmt |
| Book Value | $4,558,912 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,279,961 | OtherCostOrOtherBasisAmt |
| Depreciation | $443,003 | DepreciationAmt |
| Book Value | $1,836,958 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $601,318 | OtherCostOrOtherBasisAmt |
| Depreciation | $84,359 | DepreciationAmt |
| Book Value | $516,959 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $6,912,829 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Lease right-of-use assets | Desc |
| Book Value | $5,410,536 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $5,410,536 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Lease liabilities | $5,411,579 |
| Due to affiliates | $1,242,435 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $6,654,014 | TotalLiabilityAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Emerson Perin | ||||||||||||||
| Director | $459,802 | $487,650 | $0 | $75,000 | $0 | $0 | $0 | $12,698 | $0 | $13,178 | $459,802 | $588,526 | $0 | $0 |
| Joseph Rogers | ||||||||||||||
| Chair | $170,475 | $681,717 | $0 | $100,000 | $0 | $0 | $0 | $13,817 | $0 | $9,010 | $170,475 | $804,544 | $0 | $0 |
| Charles Hallman | ||||||||||||||
| Physician | $856,261 | $0 | $0 | $0 | $0 | $0 | $4,322 | $0 | $13,651 | $0 | $874,234 | $0 | $0 | $0 |
| Stephanie Coulter | ||||||||||||||
| Director | $829,333 | $0 | $0 | $0 | $0 | $0 | $8,778 | $0 | $21,271 | $0 | $859,382 | $0 | $0 | $0 |
| Jennifer Cozart | ||||||||||||||
| Physician | $841,119 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $8,513 | $0 | $849,632 | $0 | $0 | $0 |
| Eduardo Hernandez | ||||||||||||||
| President | $784,241 | $0 | $0 | $0 | $0 | $0 | $10,000 | $0 | $13,650 | $0 | $807,891 | $0 | $0 | $0 |
| Alberto Lopez | ||||||||||||||
| Director | $772,918 | $0 | $0 | $0 | $0 | $0 | $8,778 | $0 | $21,271 | $0 | $802,967 | $0 | $0 | $0 |
| D Richard Leachman | ||||||||||||||
| Director | $760,693 | $0 | $0 | $0 | $0 | $0 | $8,778 | $0 | $0 | $0 | $769,471 | $0 | $0 | $0 |
| James Livesay | ||||||||||||||
| Physician | $696,478 | $0 | $0 | $0 | $0 | $0 | $8,778 | $0 | $13,651 | $0 | $718,907 | $0 | $0 | $0 |
| Alexander Postalian Yrausquin | ||||||||||||||
| Physician | $519,613 | $0 | $0 | $0 | $0 | $0 | $8,778 | $0 | $21,271 | $0 | $549,662 | $0 | $0 | $0 |
| Zvonimir Krajcer | ||||||||||||||
| Physician | $528,848 | $0 | $0 | $0 | $0 | $0 | $8,778 | $0 | $0 | $0 | $537,626 | $0 | $0 | $0 |
| Howard Schramm | ||||||||||||||
| Treasurer | $0 | $402,585 | $0 | $0 | $0 | $0 | $0 | $9,900 | $0 | $13,651 | $0 | $426,136 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part I, Item C | DBA: The Texas Heart Institute Center for Cardiovascular Care |
| Form 990, Part III, Line 1 | To provide and promote cardiovascular excellence through advanced medical, scientific, and related research projects in the public interest; to deliver healthcare to the public, support medical education, and educate the public and cardiovascular professionals on medical and related public health topics. |
| Form 990, Part VI, Section A, line 6 | The Texas Heart Institute (THI) is the sole member of Texas Heart Medical Group (THMG). |
| Form 990, Part VI, Section A, line 7a | Each Director nominated by the Board of Directors is subject to the approval of the member, THI. |
| Form 990, Part VI, Section A, line 7b | The sole member has the right to take specific actions without the need for approval by the Board of Directors as explained in Section 2.8 of the bylaws, including but not limited to the adoption, amendment, or interpretation of any mission statement of THMG; the amendment of bylaws or adoption of new bylaws; the amendment or repeal of THMG's certificate of formation; the merger, consolidation, reorganization or dissolution of THMG. |
| Form 990, Part VI, Section B, line 11b | The Treasurer/CFO, CAO, and Controller of Texas Heart Institute review Form 990 before filing with the IRS. A copy of the Form is provided to the Board before filing. |
| Form 990, Part VI, Section B, line 12c | The annual conflict of interest policy is provided to each Director and employee for a self-audit, and potential conflicts of interest must be reported to the Board. Knowledge of the policy is reinforced by communication from management through weekly, monthly, and annual performance review meetings. |
| Form 990, Part VI, Section B, line 15 | The President's compensation is determined with the assistance of ECG Management Consultants. ECG's recommendations are submitted to the THMG Board of Directors for approval and must be approved by the Texas Heart Institute Board. The compensation of other officers is recommended by the Compensation Committee and approved by the Texas Heart Institute Board. |
| Form 990, Part VI, Section C, line 19 | Available upon request. |
| Form 990, Part VII - Compensation Explanation: | Howard Schramm spends 40 hours per week in his position as Treasurer, CAO, and CFO of the Texas Heart Institute. He receives no compensation for services provided to Texas Heart Medical Group. Marcia Strauss spends 40 hours per week in her position as Development Director of the Texas Heart Institute. She receives no compensation for services provided to Texas Heart Medical Group. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Texas Heart Institute | |||||||||||
| PO Box 20345 | Houston | TX | 77225 | 746053200 | Medical research | TX | 501(c)(3) | Line 4 | N/A | 0 | |
| Cardiopulmonary Perfusion Associates Inc | |||||||||||
| PO Box 20345 | Houston | TX | 77225 | 760313066 | Cardiopulmonary perfusion school | TX | 501(c)(3) | Line 12a, I | 0 | Texas Heart Institute | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |