Hendrick Medical Center
81% goes to programs $0 to raise $100 Strong reserves Growing revenue
Hendrick Medical Center is a 501(c)(3) organization based in Abilene, Texas, registered in 1937, with $940,764,963 in FY2023 revenue. CharityIndex grades it A, and it directs about 81% of spending to programs.
Po Box 3117, Abilene, TX, 79604 EIN 75-0827446 Since 1937
Revenue (FY2023)
$940.8M
▲ 16.1% vs prior year
Health median: $840K
Expenses (FY2023)
$775.5M
Net assets
$1.2B
Employees
4,769
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating81% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Hendrick Medical Center: 81% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating19 mo reserves · +18% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Hendrick Medical Center: 19 mo reserves · +18% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Hendrick Medical Center: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Hendrick Medical Center: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To deliver high quality healthcare emphasizing excellence and compassion consistent with the healing ministry of jesus christ.
What they do
Professional health education: hendrick medical center has affiliation agreements and provides financial support to many professional health educational efforts for the purposes of enhancing the knowledge of existing health professionals and educating new health professionals to meet the increasing demand. hendrick's efforts are focused in areas of study where shortages could potentially limit the capacity of the healthcare system to meet the needs of the texas midwest. hendrick has provided funding and has entered into educational related affiliations agreements. some of which are identified: 1. texas tech university health sciences center - school of pharmacy, bsn 2nd degree program and bsn traditional program. 2. patty hanks shelton school of nursing - rn, bsn, msn and msn/fnp programs. 3. cisco jr. college - lvn/adn, surgery technician, pharmacy technician, medical assistant and respiratory therapy programs. 4. texas state technical college - adn, emt, transcription, nurse clerk, nurse aide and phlebotomy programs. 5. abilene christian university - speech/language pathology, social work, psychology, exercise health science, bible and family studies, body and soul. 6. hardin-simmons univ. - doctor of physical therapy, social work, theology, communication, athletic training. 7. texas state university - respiratory therapy program 8. hendrick school of radiography. a student loan program is available for students enrolled in the school. students can apply for a loan up to $6,332 for the cost of the tuition, books, uniforms and exams. 9. abilene ind school district - holland medical high school. a tuition reimbursement program is provided for students in critical need positions at hendrick medical center upon verification of student loan debt.
Contact & location
- Address
- Po Box 3117, Abilene, TX, 79604
- City
- Abilene
- State
- Texas
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $394.2M (FY2013) to $940.8M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $470.3MNet assets $1.2B
Operating margin
17.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.7B
Total liabilities
$470.3M
Net assets
$1.2B
Salaries & benefits
$361.3M
47% of expenses
Board members
15
15 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $940,764,963▲16.1% | $775,549,674▲11.0% | $1,201,569,897▲20.2% | $1,671,860,466▲15.1% | 990 |
| 2022 | $810,096,639▲3.6% | $698,866,181▲4.7% | $999,644,474▲16.0% | $1,452,018,430▲11.3% | 990 |
| 2021 | $782,292,728▲14.7% | $667,661,350▲16.7% | $861,879,593▲3.9% | $1,304,235,338▼1.4% | 990 |
| 2020 | $681,979,951▲31.2% | $572,020,098▲32.5% | $829,415,111▲33.9% | $1,323,056,233▲51.4% | 990 |
| 2019 | $519,719,787▲14.6% | $431,846,440▲11.8% | $619,222,880▲8.4% | $873,623,738▲16.7% | 990 |
| 2018 | $453,538,608▼6.1% | $386,339,354▼10.1% | $571,274,626▲3.0% | $748,325,851▲0.9% | 990 |
| 2017 | $482,823,599▼3.2% | $429,642,578▲0.6% | $554,450,042▲8.9% | $741,339,129▲2.4% | 990 |
| 2016 | $498,942,579▲10.5% | $427,183,160▲7.7% | $509,050,516▲7.8% | $724,267,561▲5.1% | 990 |
| 2015 | $451,355,409▲11.8% | $396,622,152▲12.6% | $472,300,838▲10.3% | $689,046,076▲11.1% | 990 |
| 2014 | $403,676,817▲2.4% | $352,331,132▲4.2% | $428,259,791▲3.5% | $620,143,530▲1.5% | 990 |
| 2013 | $394,214,863 | $338,280,959▲9.6% | $413,586,756▲19.7% | $611,073,556▲21.2% | 990 |
| 2012 | — | $308,775,939▲3.7% | $345,443,307▲11.3% | $504,310,256▲8.0% | 990 |
| 2011 | — | $297,669,137▲7.5% | $310,383,695▲10.4% | $466,987,632▲5.9% | 990 |
| 2010 | — | $276,816,410▲4.3% | $281,116,343▲18.2% | $441,177,451▲12.0% | 990 |
| 2009 | — | $265,443,114 | $237,894,211 | $393,738,465 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Brad Holland — $1,433,865 (0.18% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Brad Holland | President/ceo | 40 | $1,433,865 |
| Rob Wiley | Vice President/cmo/cqo | 40 | $692,028 |
| Jeremy Walker | Vice President/cfo | 40 | $672,605 |
| Michael Murphy | Vice President/coo | 40 | $541,073 |
| Susan Wade | Vice President | 40 | $444,186 |
| Susan E Greenwood | Vice President/cno | 40 | $415,606 |
| Brian Bessent | Vice President/cso | 40 | $409,187 |
| Kirk Canada | Vice President/coo | 40 | $342,799 |
| Joshua Reed | Physician Advisor | 40 | $316,263 |
| Caroline L Ebersole | Registered Nurse Bsn | 40 | $293,924 |
| Heather Ray | Chief Nursing Officer | 40 | $281,739 |
| Judith Lafrance | Chief Administrative Officer | 40 | $271,675 |
| Tave L Kelly | Assistant Vice President | 40 | $240,176 |
| Archana Ghimire | Registered Nurse - Bsn | 40 | $235,393 |
| Treva Broderick | Assistant Vice President | 40 | $233,070 |
| Karin Mossack | Physician | 40 | $231,696 |
| Michael Surber | Registered Nurse-bsn | 40 | $229,577 |
| Deborah Preston | Market Director, Pharmacy | 40 | $222,837 |
| Christopher Ford | Assistant Vice President | 40 | $218,698 |
| William M Edwards | Assistant Vice President of It | 40 | $212,285 |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Allscripts Healthcare LLC | Technology Services | $6,560,980 |
| Health Carousel LLC | Healthcare Staffing | $4,248,236 |
| Allen Teinert Construction | Construction Svcs | $3,042,028 |
| Obhg Texas Holdings PA | Medical Services | $2,179,739 |
| Texas Healthcare Linen LLC | Laundry Services | $1,946,735 |
Grants received · $3.6M total
8 grants to Hendrick Medical Center totaling $3.6M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Philanthropic Tr | Health | 2023 | $45,000 |
| T Rowe Price Program For Charitable Giving Inc | Special project | 2021 | $25,000 |
| Cook Childrens Medical Center | Sponsor | 2017 | $1,300,000 |
| Donor Advised Charitable Giving | Health & human services | 2017 | $42,500 |
| Cook Childrens Medical Center | Sponsor | 2016 | $2,200,000 |
| Network For Good Inc | Unrestricted | 2016 | $6,111 |
| Network For Good Inc | Unrestricted | 2015 | $11,595 |
| Network For Good Inc | Unrestricted | 2014 | $11,384 |
Grants made · $693K in FY2023
3 grants totaling $693K in FY2023. All grants made by Hendrick Medical Center →
| Recipient | Purpose | Amount |
|---|---|---|
| Presbyterian Medical Care Mission | Assistance to the medical care mission. | $409,143 |
| Patty Hanks Shelton School of Nursing | To assist patty hanks shelton school of nursing. | $277,793 |
| Rest For the Nations Ministries | Assistance to rest for the nations ministries. | $6,250 |
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Frequently asked questions
- Is Hendrick Medical Center a legitimate nonprofit?
- Yes. Hendrick Medical Center is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 75-0827446, based in Abilene, Texas. Donations are tax-deductible.
- What is Hendrick Medical Center's EIN?
- Hendrick Medical Center's Employer Identification Number (EIN) is 75-0827446.
- How much revenue does Hendrick Medical Center report?
- Hendrick Medical Center reported $940,764,963 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Hendrick Medical Center's spending goes to programs?
- Hendrick Medical Center spends about 81% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Hendrick Medical Center have?
- CharityIndex grades Hendrick Medical Center A, based on program efficiency and fundraising cost.
- How much does Hendrick Medical Center's highest-paid employee make?
- The highest reported compensation on Hendrick Medical Center's latest Form 990 is $1,433,865, paid to Brad Holland (President/ceo).
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Data for Hendrick Medical Center (EIN 75-0827446) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.