Memorial Hermann Medical Group
98% goes to programs $0 to raise $100 Thin reserves Growing revenue
Memorial Hermann Medical Group is a 501(c)(3) organization based in Houston, Texas, registered in 2008, with $305,440,966 in FY2023 revenue. CharityIndex grades it C, and it directs about 98% of spending to programs.
929 Gessner Rd Ste 1900, Houston, TX, 77024 EIN 20-4923281 Since 2008
Revenue (FY2023)
$305.4M
▲ 15.3% vs prior year
Health median: $840K
Expenses (FY2023)
$442.6M
Net assets
-$1.0B
Employees
2,294
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →C+Program efficiency40% of the rating98% 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 Memorial Hermann Medical Group: 98% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · -45% 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 Memorial Hermann Medical Group: 0 mo reserves · -45% margin earns a F on this criterion. See the exact thresholds →
AGovernance25% of the rating5 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 Memorial Hermann Medical Group: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Memorial Hermann Medical Group: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Mhmg provides primary care for thousands of houston-area families. committed to practicing evidence-based medicine and delivering patient care.
Contact & location
- Address
- 929 Gessner Rd Ste 1900, Houston, TX, 77024
- City
- Houston
- State
- Texas
- Category
- Health Care
- Subcategory
- Clinics & Primary Care
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $89.6M (FY2013) to $305.4M (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $1.1BNet assets -$1.0B
Operating margin
-44.9%
Spent more than it raised in the latest fiscal year.
Total assets
$124.4M
Total liabilities
$1.1B
Net assets
-$1.0B
Salaries & benefits
$363.3M
82% of expenses
Board members
5
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $305,440,966▲15.3% | $442,618,304▲14.0% | -$1,008,540,757▼15.7% | $124,377,776▼1.6% | 990 |
| 2022 | $264,961,430▼2.1% | $388,111,504▲6.0% | -$871,363,419▼16.5% | $126,368,047▲1.6% | 990 |
| 2021 | $270,760,302▲2.9% | $365,994,255▲3.5% | -$748,213,345▼14.6% | $124,318,962▼7.6% | 990 |
| 2020 | $263,043,780▲21.7% | $353,513,010▲8.8% | -$652,979,392▼16.1% | $134,557,707▲10.6% | 990 |
| 2019 | $216,077,712▲32.7% | $324,919,903▲28.0% | -$562,510,162▼24.0% | $121,646,288▲83.3% | 990 |
| 2018 | $162,839,795▲36.2% | $253,748,168▲37.4% | -$453,667,971▼58.9% | $66,347,136▲61.4% | 990 |
| 2016 | $119,537,297▲20.8% | $184,639,781▲25.6% | -$285,416,517▼29.5% | $41,105,295▲11.0% | 990 |
| 2015 | $98,964,504▲18.9% | $147,055,023▲15.3% | -$220,314,033▼27.9% | $37,035,506▲50.6% | 990 |
| 2014 | $83,242,040▼7.1% | $127,502,492▼7.6% | -$172,223,514▼34.6% | $24,598,472▲1.3% | 990 |
| 2013 | $89,603,127 | $137,932,783▲7.1% | -$127,963,062▼60.7% | $24,277,854▼25.1% | 990 |
| 2012 | — | $128,788,873▲97.6% | -$79,633,406▼108% | $32,418,017▲29.0% | 990 |
| 2011 | — | $65,173,352▲97.0% | -$38,322,043▼63.9% | $25,129,353▲229% | 990 |
| 2010 | — | $33,075,607▲116% | -$23,382,862▼81.6% | $7,629,896▲45.8% | 990 |
| 2009 | — | $15,329,192 | -$12,873,491 | $5,234,901 | 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: Nadim S Jafri — $2,492,487 (0.56% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Nadim S Jafri | Physician - Specialty | 40 | $2,492,487 |
| Jigar Patel | Physician | 40 | $1,695,953 |
| Daniel Hermann | Physician - Specialty | 40 | $1,532,835 |
| Felix Spiegel | Physician - Specialty | 40 | $1,519,389 |
| Prasun Shah | Physician | 40 | $1,477,574 |
| Philip Blum Md | Director | 40 | $633,950 |
| Doan Thuy Do Md | Director | 40 | $409,732 |
| Laura L Whiteley Md | Director | 40 | $353,074 |
| Monica Kalra Do | Director | 40 | $195,348 |
| Susan D Hutchins Md | Director | 40 | $184,751 |
| Laura Armstrong Md | Former Director | 40 | $69,111 |
| Alec King | Treasurer | 1 | — |
| Deborah Gordon | Secretary | 1 | — |
| James Mccarthy Md | President | 1 | — |
| Kanakalingeswara Banda Md | Director | 40 | — |
| Payal Gaba Md | Director | 40 | — |
| Warren Shea | Assistant Secretary | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Athena Health Inc | Claims Management | $7,576,027 |
| Forney Construction LLC | Construction Service | $2,940,902 |
| Meridian Constructors LLC | Construction Service | $1,795,379 |
| Endurance Builders LLC | Construction Service | $1,505,173 |
| Medovent Solutions LLC | Contract Services | $1,253,773 |
Grants received · $22.6M total
1 grant to Memorial Hermann Medical Group totaling $22.6M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Memorial Hermann Health System | Support charitable programs | 2022 | $22,591,537 |
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Frequently asked questions
- Is Memorial Hermann Medical Group a legitimate nonprofit?
- Yes. Memorial Hermann Medical Group is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 20-4923281, based in Houston, Texas. Donations are tax-deductible.
- What is Memorial Hermann Medical Group's EIN?
- Memorial Hermann Medical Group's Employer Identification Number (EIN) is 20-4923281.
- How much revenue does Memorial Hermann Medical Group report?
- Memorial Hermann Medical Group reported $305,440,966 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Memorial Hermann Medical Group's spending goes to programs?
- Memorial Hermann Medical Group spends about 98% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Memorial Hermann Medical Group have?
- CharityIndex grades Memorial Hermann Medical Group C, based on program efficiency and fundraising cost.
- How much does Memorial Hermann Medical Group's highest-paid employee make?
- The highest reported compensation on Memorial Hermann Medical Group's latest Form 990 is $2,492,487, paid to Nadim S Jafri (Physician - Specialty).
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Data for Memorial Hermann Medical Group (EIN 20-4923281) 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.