Overview
What is Texas Medical Center?
Texas Medical Center is a corporation situated in Texas, dedicated to supporting its member institutions in attaining excellence in education, research, and compassionate care. By facilitating collaboration between its members and the communities they serve, Texas Medical Center strives to set the bar high for healthcare standards.
Official website here: www.tmc.edu
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
The Texas Medical Center has earned a high rating of 96% from Charity Navigator, reflecting its strong accountability and financial health. The organization scored particularly well in several key areas, including having a majority of independent board members and maintaining a thorough audit and oversight committee. Its financial practices are robust, with a low liabilities-to-assets ratio and high program expense ratio, indicating that a significant portion of its funds is directed towards its mission.
Strengths of the Texas Medical Center include comprehensive policies on conflict of interest, whistleblower protections, and document management, all of which enhance its transparency and operational integrity. The organization has also demonstrated no material diversion of assets, further solidifying its reputation for accountability. The inclusion of necessary disclosures on its website serves to inform stakeholders effectively about its governance.
Despite these commendable attributes, the summary does not mention any specific limitations or challenges faced by the Texas Medical Center. Overall, its exemplary score and practices suggest a well-managed organization that prioritizes ethical governance and fiscal responsibility.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Texas Medical Center?
88% of 235 reviewers on Facebook recommend Texas Medical Center. Here is a summary of their reviews:
The sentiment towards Texas Medical Center is generally positive, with many individuals appreciating the services and support provided. Reviewers express satisfaction with their experiences, particularly highlighting the quality of service and the helpfulness of the organization. While there is a singular mention of a different foundation, it can be inferred that the Texas Medical Center strives to assist its beneficiaries effectively.
Overall, people feel encouraged to endorse the nonprofit, viewing it as a trustworthy resource in the community. The positive sentiment reflects a strong commitment to delivering valuable services to those in need.
This AI summary has been generated from reviews found on Facebook.
Is Texas Medical Center legitimate?
Texas Medical Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Texas Medical Center 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $7,464,093
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,830,967
For more financial information, click here
Official website here: www.tmc.edu
What is the mission statement of Texas Medical Center?
The Texas Medical Center corporation is dedicated to assisting its affiliated institutions in reaching excellence in the realms of education, research, and compassionate care. The organization's primary objective is to support its members in attaining the highest standards across their individual and collective pursuits. By facilitating this process, Texas Medical Center aims to contribute significantly to the advancement of knowledge, healing, and overall betterment for those they serve.
Official website here: www.tmc.edu
Who is the CEO of Texas Medical Center?
William Mckeon is the President of Texas Medical Center.
Official website here: www.tmc.edu
What is the revenue of Texas Medical Center?
Texas Medical Center's revenue in 2022 was $108,399,620.
Official website here: www.tmc.edu
Who are the executives of Texas Medical Center and what are their salaries?
The average compensation at Texas Medical Center during 2022 was $113,453. There are 126 employees at Texas Medical Center.
Here are 29 key members and their salaries:
- Compensation: $2,822,615
- Related: $0
- Other: $63,580
- Compensation: $772,834
- Related: $0
- Other: $63,580
- Compensation: $738,121
- Related: $0
- Other: $30,500
- Compensation: $668,060
- Related: $0
- Other: $63,580
- Compensation: $661,643
- Related: $0
- Other: $63,580
- Compensation: $635,011
- Related: $0
- Other: $41,527
- Compensation: $446,373
- Related: $0
- Other: $63,580
- Compensation: $414,492
- Related: $0
- Other: $63,580
- Compensation: $344,268
- Related: $0
- Other: $63,580
- Compensation: $287,817
- Related: $0
- Other: $49,378
- Compensation: $248,645
- Related: $0
- Other: $47,431
- Compensation: $225,997
- Related: $0
- Other: $47,584
- Compensation: $230,826
- Related: $0
- Other: $23,033
- Compensation: $190,304
- Related: $0
- Other: $29,891
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.tmc.edu
Where can I find the form 990 for Texas Medical Center?
Texas Medical Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tmc.edu
Learn more at the official website: www.tmc.edu
Mission Statement of Texas Medical Center
Texas Medical Center, a renowned corporation, is dedicated to assisting its member institutions and the people they serve in attaining the highest standards of education, research, and compassionate care. By offering support and resources, it enables these entities to excel individually and collectively, striving for excellence in every aspect of their missions. Texas Medical Center serves as a catalyst for growth and improvement, fostering an environment where innovation thrives and the pursuit of knowledge is unyielding. The corporation's commitment extends beyond its member institutions, positively impacting the communities they serve and the lives of countless individuals.
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Impact
October, 2024
Texas Medical Center significantly influences healthcare through its commitment to education, research, and humane patient care. Located in Houston, Texas, it fosters collaboration among its member institutions to push the boundaries of medical knowledge and improve health outcomes. By setting high standards for healthcare delivery, it enhances the quality of services provided to the community and beyond. The center plays a vital role in training future healthcare professionals and advancing groundbreaking research, making it a pivotal entity in the global health landscape. Through its efforts, Texas Medical Center actively contributes to the well-being of countless individuals, positioning itself as a leader in health innovation and compassionate care.
This information is meant to be a general summary of Texas Medical Center. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $17,157,614
- Program Service Revenue: $90,370,217
- Gross Receipts: $109,086,911
Assets and Liabilities:
- Total Assets: $918,301,363
- Total Liabilities: $360,283,857
- Net Assets: $558,017,506
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BUSINESS REVENUE
Revenue
$85,724,497
CAMPUS
Revenue
$4,645,720
Organization Details
Founding Year
1945
Phone
(713) 791-6104Principal Officer
William Mckeon
Main Address
2450 HOLCOMBE BLVD Suite Suite 1, HOUSTON, TX, 770212040
Website
www.tmc.eduNTEE Category
Code: E210 - Health
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