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Nonprofit · EIN 76-0094743

METHODIST HOSPITAL

Also known as METHODIST HOSPITAL FOUNDATION

Tax-exempt · HOUSTON, TX 77030

Financials

$97.2M$50M2023$150.9M$57.8M2024
Revenue Expenses · by fiscal year end
Financials of METHODIST HOSPITAL by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$150,906,332$57,799,483$93,106,849$1,012,959,031$1,260,300$1,011,698,731
December 31, 2023990$97,166,628$50,038,745$47,127,883$900,709,622$1,150,528$899,559,094
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$81,095,049
Program service revenue
$0
Investment income
$52,863,481
Royalties
$180,781
Net gain from sales of assets
$37,370,816
Net income from fundraising events
-$127,606
Other revenue
$16,947,802

Expenses

Grants and similar amounts paid
$38,691,252
Salaries, compensation and benefits (total)
$2,392
Professional fundraising fees
$0
Accounting fees
$35,000
Program services (functional)
$38,691,252
Management and general (functional)
$2,472,999
Fundraising (functional)
$16,635,232

Balance sheet and other

Total assets, start of year
$900,709,622
Total assets, end of year
$1,012,959,031
Total liabilities, end of year
$1,260,300
Net assets, end of year
$1,011,698,731
Land, buildings and equipment
$17,478
Publicly traded securities
$705,106,701
Net assets without donor restrictions
$1,820,085
Net assets with donor restrictions
$1,009,878,646
Gross receipts
$1,013,022,642
Employees
0
Volunteers
146
Year formed
1983
State of legal domicile
TX

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
MARC L BOOM MDDIRECTOR
Trustee or director
2$0$7,251,200$1,087,378
KEVIN J BURNSASSISTANT SECRETARY, PART YEAR
Officer
2$0$2,934,047$294,038
EDWARD L TYRRELLTREASURER
Officer
2$0$983,544$141,702
SUSAN H COULTERDIRECTOR, PRESIDENT/CEO, PART YEAR
Trustee or director, Officer
25$0$1,084,587$4,365
FLYNN A ANDRIZZI PHDDIRECTOR, PRESIDENT/CEO
Trustee or director, Officer
50$0$762,289$200,909
ANTHONY C DEFURIOASSISTANT SECRETARY
Officer
2$0$350,554$84,261
ELIZABETH BLANTON WAREINGDIRECTOR, VICE CHAIRPERSON
Trustee or director, Officer
2$0$0$0
EMILY A CROSSWELLDIRECTOR, SECRETARY
Trustee or director, Officer
2$0$0$0
JOHN W JOHNSONDIRECTOR, CHAIRPERSON
Trustee or director, Officer
2$0$0$0
EWING WERLEIN JRDIRECTOR, SENIOR CHAIRPERSON
Trustee or director, Officer
2$0$0$0
CHARLES CARLOS DUNCAN IIIDIRECTOR
Trustee or director
2$0$0$0
DAVID M UNDERWOOD JRDIRECTOR
Trustee or director
2$0$0$0
DOROTHY ABLESDIRECTOR
Trustee or director
2$0$0$0
GERALD SMITHDIRECTOR
Trustee or director
2$0$0$0
GREGORY V NELSONDIRECTOR
Trustee or director
2$0$0$0
6 more people on this return
NameTitleHours / weekCompensation
JAMES V JIM WALZELDIRECTOR
Trustee or director
2$0
JOHN F BOOKOUTDIRECTOR
Trustee or director
2$0
JOSEPH C RUSTY WALTER IIIDIRECTOR
Trustee or director
2$0
MARCUS WATTSDIRECTOR
Trustee or director
2$0
RANDA WEINERDIRECTOR
Trustee or director
2$0
VIDAL G MARTINEZDIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2023: 19 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MARC L BOOM MDDIRECTOR
Trustee or director
2$0$6,164,141$975,493
KEVIN J BURNSASSISTANT SECRETARY
Officer
2$0$2,152,714$277,241
SUSAN H COULTERDIRECTOR, PRESIDENT/CEO
Trustee or director, Officer
25$0$1,199,861$151,176
EDWARD L TYRRELLTREASURER
Officer
2$0$1,176,928$135,735
ELIZABETH BLANTON WAREINGDIRECTOR, VICE CHAIRPERSON
Trustee or director, Officer
2$0$0$0
EMILY A CROSSWELLDIRECTOR, SECRETARY
Trustee or director, Officer
2$0$0$0
JOHN W JOHNSONDIRECTOR, CHAIRPERSON
Trustee or director, Officer
2$0$0$0
EWING WERLEIN JRDIRECTOR, SENIOR CHAIRPERSON
Trustee or director, Officer
2$0$0$0
CHARLES CARLOS DUNCAN IIIDIRECTOR
Trustee or director
2$0$0$0
DAVID M UNDERWOOD JRDIRECTOR
Trustee or director
2$0$0$0
DOROTHY ABLESDIRECTOR
Trustee or director
2$0$0$0
GERALD SMITHDIRECTOR
Trustee or director
2$0$0$0
GREGORY V NELSONDIRECTOR
Trustee or director
2$0$0$0
JAMES V JIM WALZELDIRECTOR
Trustee or director
2$0$0$0
JOHN F BOOKOUTDIRECTOR
Trustee or director
2$0$0$0
JOSEPH C RUSTY WALTER IIIDIRECTOR
Trustee or director
2$0$0$0
MARCUS WATTSDIRECTOR
Trustee or director
2$0$0$0
RANDA WEINERDIRECTOR
Trustee or director
2$0$0$0
VIDAL G MARTINEZDIRECTOR
Trustee or director
2$0$0$0

Address and contacts

Address (IRS master file)
6565 FANNIN GB240, HOUSTON, TX 77030-2703
Principal officer (990 for 2024)
SUSAN COULTER, 6565 FANNIN GB240, HOUSTON, TX 770302703
Signed the 990
ANTHONY DEFURIO, BOARD OFFICER-SECRETARY/TREASU
Phone
(832) 667-6160
Return prepared by
ERNST & YOUNG LLP

Mission

SEE SCHEDULE O.

990 for the year ended December 31, 2024

Program accomplishments

  • CONTRIBUTIONS TO THE HOUSTON METHODIST HOSPITAL FOUNDATION ARE USED TO FUND VARIOUS RESEARCH, SPECIAL PURPOSE, OR OTHER DESIGNATED ENDOWMENT PROGRAMS AS REQUESTED BY THE DONOR. SPECIAL PURPOSE FUNDS CAN DESIGNATE SPECIALTY CARE FOR INDIGENT PATIENTS OR OTHER THINGS SUCH AS STROKE AWARENESS PROGRAMS FOR THE COMMUNITY. RESEARCH DESIGNATED FUND DONATIONS SUPPORT THINGS SUCH AS THE WORK OF DOCTORS IN EDUCATION AND RESEARCH, SCIENTISTS IN THE GENERAL INTERNAL MEDICINE DISCIPLINE, OR RESEARCH FOR NANOTECHNOLOGY IN TREATING BRAIN CANCERS.
    Expenses $38,691,252 · grants $38,691,252 · revenue $16,876,625

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
76-0094743
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Exempt since
2010
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E20)
Assets (IRS master file)
$1,012,959,031
Income (IRS master file)
$1,013,022,642

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$150,906,332$57,799,483$1,012,959,031XML
990December 2023$97,166,628$50,038,745$900,709,622XML
990December 2022$140,278,306$45,990,440$787,404,303IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 76-0094743).

Questions about METHODIST HOSPITAL

What is the EIN of METHODIST HOSPITAL?
The employer identification number (EIN) of METHODIST HOSPITAL is 76-0094743.
Is METHODIST HOSPITAL tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
Which annual return does METHODIST HOSPITAL file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of METHODIST HOSPITAL due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did METHODIST HOSPITAL last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of METHODIST HOSPITAL?
The 990 for the year ended December 31, 2024 names SUSAN COULTER.
Who are the officers and directors of METHODIST HOSPITAL?
The 990 for the year ended December 31, 2024 lists 21 people; 0 received compensation from the organization.
How much revenue does METHODIST HOSPITAL have?
On its 990 for the year ended December 31, 2024 it reported revenue of $150,906,332, expenses of $57,799,483 and total assets of $1,012,959,031 at year end.

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