METHODIST RICHARDSON MEDICAL CENTER FOUNDATION Charity Report

Public IRS 990 nonprofit record

METHODIST RICHARDSON MEDICAL CENTER FOUNDATION

EIN 75-1788520 · Health Care (E1191)

What they do

to Build and Maintain Donor Relationships In Order to Raise, Manage, and Distribute Funds to Assist Methodist Health System In Acquiring State-of-the-art Technology, Attracting Excellent Medical Staff, and Supporting Vital Hospital Programs.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $99.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders21 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

549.32%of revenue went to mission work99.5% of expenses · Program services

$225.61spent for every $100 of revenueSpending was higher than revenue this year.

3.01%of revenue went to management and office costs0.5% of expenses

$2.76in assets for every $1 spent this yearSome assets cannot be spent right away.

84.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $657,964 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $135,781 for E KENNETH HUTCHENRIDER (DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$213,968

Mission workProgram services$1,175,364549.32% of revenue99.5% of expenses

ManagementOffice and general costs$6,4313.01% of revenue0.5% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$1,181,795552.32% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2023CurrentExpense mix: 99.5% mission · 0.5% management · 0.0% fundraisingTotal expenses: 552.32% of revenue

2022Expense mix: 92.0% mission · 8.0% management · 0.0% fundraisingTotal expenses: 14.71% of revenue

2021Expense mix: 96.3% mission · 3.7% management · 0.0% fundraisingTotal expenses: 65.06% of revenue

2020Expense mix: 97.4% mission · 2.6% management · 0.0% fundraisingTotal expenses: 122.98% of revenue

2019Expense mix: 96.3% mission · 3.7% management · 0.0% fundraisingTotal expenses: 78.24% of revenue

2018Expense mix: 93.5% mission · 6.5% management · 0.0% fundraisingTotal expenses: 54.45% of revenue

2017Expense mix: 81.5% mission · 18.5% management · 0.0% fundraisingTotal expenses: 44.79% of revenue

2016Expense mix: 93.4% mission · 5.5% management · 1.1% fundraisingTotal expenses: 82.61% of revenue

Money in and money out

Revenue$523,831

Expenses$1,181,795

Annual shortfall $657,964 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,175,364 · 99.5% of expenses

Management and office costs$6,431 · 0.5% of expenses

See all reported dollar amounts

Revenue$523,831

Expenses$1,181,795

Assets$3,264,111

Income$752,112

Contributions$440,231

Mission work (program services)$1,175,364

Grants given$2,594,984

Average grant$235,908

Management and general$6,431

Stocks and bonds$623,169

People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

E KENNETH HUTCHENRIDERDIRECTOR $135,781Base · Other $135,781

LORI VILLARREALEXECUTIVE DIRECTOR · 40 hrs/week $24,767Base · Other $24,767

DEREK WILLIAMS MDDIRECTOR $23,732Base · Other $23,732

ABIR AHMAD MDDIRECTOR $8,813Base · Other $8,813

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (21)

E KENNETH HUTCHENRIDERDIRECTOR

LORI VILLARREALEXECUTIVE DIRECTOR

DEREK WILLIAMS MDDIRECTOR

ABIR AHMAD MDDIRECTOR

YOGI CHIMATA MDDIRECTOR

TERE ZANDYDIRECTOR (BEGINNING JAN 2024)

TEDDY KINZERVICE CHAIR OF FUND DEVELOPMENT (BEGINNING JAN 2024

SUZI KENNONDIRECTOR (BEGINNING JAN 2024)

SARAH GREENDIRECTOR (BEGINNING JAN 2024)

RICHARD RAMEYDIRECTOR

PARIN MAKADIA MDDIRECTOR

MARY BEDOSKYVICE CHAIR OF FINANCE

MARTA GOMEZ FREYVICE CHAIR OF GOVERNANCE

MARK KINGDIRECTOR (BEGINNING JAN 2024)

GLENN SCOTTCHAIR (THROUGH DEC 2023)

DANNA MELCHERDIRECTOR (THROUGH JAN 2024)

CLAY HARRISONCHAIR (BEGINNING JAN 2024)

CINDI JACKSONSECRETARY (THROUGH DEC 2023)

CATHERINE BURDETTESECRETARY (BEGINNING JAN 2024)

BARRY YOUNGDIRECTOR

AMY KINGDIRECTOR (BEGINNING JAN 2024)

About this charity

Recognized since: January 1982
Location: 401 W CAMPBELL RD, RICHARDSON, TX 75080-3416
County: Dallas
In care of: % AMY BODWELL
Primary officer: Glenn Scott, Chair

How to reach them

WebsiteVisit the charity’s website Phone(469) 204-6995

Filing and classification

Latest tax year: 2023
Tax period began: October 1, 2023
Return type: 990
Tax preparer: CROWE LLP
NTEE classification: Health Care (E1191)
IRS tax category: Other Grantmaking and Giving Services
Grant-giving organization: Yes