Utmb Healthcare Systems Inc
99% goes to programs Growing revenue
Utmb Healthcare Systems Inc is a 501(c)(3) organization based in Galveston, Texas, registered in 2007, with $83,023,566 in FY2023 revenue. CharityIndex grades it A, and it directs about 99% of spending to programs.
2200 Market Street Ste 200, Galveston, TX, 77550 EIN 76-0682238 Since 2007
Revenue (FY2023)
$83.0M
▼ 17.1% vs prior year
Health median: $840K
Expenses (FY2023)
$81.6M
Net assets
$34.9M
Employees
1,061
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating99% to programs
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 Utmb Healthcare Systems Inc: 99% to programs earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating5 mo reserves · +2% 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 Utmb Healthcare Systems Inc: 5 mo reserves · +2% margin earns a A 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 Utmb Healthcare Systems Inc: 5 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 Utmb Healthcare Systems Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
See schedule o the mission of utmb healthcare systems, inc. (utmb hcs) is to improve the health of texas communities by creating a network of health care professionals engaging in state-of-the-art patient care, scholarly medical education, and innovative research.
What they do
The exempt purpose achievement is to provide property management for the benefit of the university of texas medical branch. utmb healthcare systems, inc. manages and leases primary care clinics for utmb.
Contact & location
- Address
- 2200 Market Street Ste 200, Galveston, TX, 77550
- City
- Galveston
- State
- Texas
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $24.4M (FY2013) to $83.0M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $3.0MNet assets $34.9M
Operating margin
1.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$37.9M
Total liabilities
$3.0M
Net assets
$34.9M
Salaries & benefits
$43.9M
54% of expenses
Board members
9
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $83,023,566▼17.1% | $81,596,977▼11.1% | $34,925,029▲6.3% | $37,924,722▲0.5% | 990 |
| 2022 | $100,176,573▲7.9% | $91,831,325▲4.3% | $32,865,647▲34.5% | $37,753,986▲36.3% | 990 |
| 2021 | $92,843,682▲79.5% | $88,066,112▲78.7% | $24,441,499▲19.9% | $27,699,419▼1.3% | 990 |
| 2020 | $51,722,720▲33.3% | $49,294,427▲31.1% | $20,382,884▲17.7% | $28,068,247▲44.7% | 990 |
| 2019 | $38,811,590▲7.1% | $37,606,455▲8.0% | $17,315,646▲8.2% | $19,398,278▲6.8% | 990 |
| 2018 | $36,233,310▼1.6% | $34,824,359▼3.1% | $16,009,240▲9.9% | $18,165,988▲9.2% | 990 |
| 2017 | $36,818,917▲28.3% | $35,932,257▲28.0% | $14,562,947▲6.5% | $16,629,835▲8.3% | 990 |
| 2016 | $28,705,023▼5.8% | $28,072,121▼3.5% | $13,675,408▲5.5% | $15,358,923▼20.4% | 990 |
| 2015 | $30,460,260▼3.3% | $29,082,022▼2.0% | $12,965,737▲11.5% | $19,294,550▲39.3% | 990 |
| 2014 | $31,488,259▲28.8% | $29,673,451▲26.8% | $11,631,804▲15.1% | $13,846,116▲20.7% | 990 |
| 2013 | $24,448,610 | $23,408,128▲1009% | $10,104,120▲15.3% | $11,474,141▲7.1% | 990 |
| 2012 | — | $2,111,135▲13.4% | $8,760,848▲12.0% | $10,715,770▲19.1% | 990 |
| 2011 | — | $1,861,647▼23.8% | $7,819,576▲4.7% | $8,996,830▲6.7% | 990 |
| 2010 | — | $2,441,653 | $7,470,838 | $8,430,902 | 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)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Anish Bhardwaj Md | Former Vice Chair | 0 | — |
| C Aaron Lemay CPA Jd Msed | Treasurer | 1 | — |
| Carlos A Clark Do | Director | 0.5 | — |
| Charles Mouton Md | Director | 0.5 | — |
| Cheryl S Herrod | Secretary | 5 | — |
| David C Gruener | Former President & Ceo | 0 | — |
| Dustin Thomas | Former Pres & Ceo | 0 | — |
| Gulshan Sharma Md | Director | 0.5 | — |
| Jennifer Sarpalius CPA | President & Ceo | 2 | — |
| Jerome Yaklic Md Mba | Director | 0.5 | — |
| Jochen Reiser Md Phd | Chair, Sole Member | 0.5 | — |
| Maria L Gonzalez | Former Secretary | 0 | — |
| Rebecca Korenek Mba Mha | Vice Chair | 0.5 | — |
| Timothy J Harlin Dsc Fache Mba | Former Director | 0 | — |
| Vicente Resto Md | Director | 0.5 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Relode Health LLC | Temporary Staffing | $10,923,651 |
| Advanced Health Education Center | Temporary Staffing | $3,170,677 |
| Ab Staffing Solutions LLC | Temporary Staffing | $3,130,315 |
| Locumtenenscom LLC | Temporary Staffing | $2,714,094 |
| Supplemental Health Care Services Ltd | Temporary Staffing | $2,541,354 |
Grants received · $142K total
1 grant to Utmb Healthcare Systems Inc totaling $142K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Scripps Research Institute | Grants for scientific research | 2023 | $142,370 |
Similar organizations in Health
Health
Stephen F Austin Community Health Center Inc
Alvin, TX
$82.3M
B+annual revenue
Health
Texas Health Harris Methodist Hospital Cleburne
Cleburne, TX
$84.6M
Aannual revenue
Texas Health Hospital Mansfield
Mansfield, TX
$84.7M
A+annual revenue
Health
Bienvivir Senior Health Services
El Paso, TX
$84.8M
Aannual revenue
Health
South Texas Blood & Tissue Center
San Antonio, TX
$84.9M
C+annual revenue
Health
Dallas Physician Medical Services For Children Inc
Dallas, TX
$85.9M
Cannual revenue
- Health
Detroit Education & Research
Dallas, TX
$79.5M
B+annual revenue
Health
Careflite
Irving, TX
$87.0M
Aannual revenue
Health
Val Verde Hospital Corporation
Del Rio, TX
$78.5M
Aannual revenue
Health
Childrens Physician Services of South Texas
Corp Christi, TX
$88.5M
C+annual revenue
Compare Utmb Healthcare Systems Inc
Frequently asked questions
- Is Utmb Healthcare Systems Inc a legitimate nonprofit?
- Yes. Utmb Healthcare Systems Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 76-0682238, based in Galveston, Texas. Donations are tax-deductible.
- What is Utmb Healthcare Systems Inc's EIN?
- Utmb Healthcare Systems Inc's Employer Identification Number (EIN) is 76-0682238.
- How much revenue does Utmb Healthcare Systems Inc report?
- Utmb Healthcare Systems Inc reported $83,023,566 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Utmb Healthcare Systems Inc's spending goes to programs?
- Utmb Healthcare Systems Inc spends about 99% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Utmb Healthcare Systems Inc have?
- CharityIndex grades Utmb Healthcare Systems Inc A, based on program efficiency and fundraising cost.
- How much does Utmb Healthcare Systems Inc's highest-paid employee make?
- The highest reported compensation on Utmb Healthcare Systems Inc's latest Form 990 is $0, paid to Anish Bhardwaj Md (Former Vice Chair).
More nonprofits in Galveston
Explore more
Data for Utmb Healthcare Systems Inc (EIN 76-0682238) 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.