Hillcrest Health System Inc

Nonprofit profile at a glance

EIN
742924512
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Dallas, TX, USA
Phone
2148204135
Rating
39
Verdict
REVIEW
Rating confidence
Moderate
Sector
Community Health Systems
Affiliation
Christianity

Reported finances

Revenue
$21,196,055
Expenses
$11,756
Assets
$78,639,416
Liabilities
$605,061

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

14 people listed

Executive titles in this filing

  • Chris Lancaster (Director/President/CEO)
  • Brad Crye (Former Dir/Interim Pres/CEO)

Highest reported compensation

  • Chris Lancaster (Director/President/CEO): $774,840 total reported compensation
  • Shellie N Mach (CFO): $416,240 total reported compensation
  • Brad Crye (Former Dir/Interim Pres/CEO): $405,109 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

HHS is to be administered soley for the benefit of BSWMC-Hillcrest, a Texas non-profit corporation, by providing, directly or indirectly, assistance and benefit, financial or otherwise, to BSWMC-Hillcrest.

What it reported doing in 2024

HHS was organized exclusively for the benefit of BSWMC-Hillcrest. HHS is one of two corporate members of BSWMC-Hillcrest and is responsible for appointing 50% of the governing board of BSWMC-Hillcrest and has a number of reserved powers related to the operation and governance of BSWMC-Hillcrest. It also remains the sole corporate member of Hillcrest Health Foundation, an entity established to raise and administer funds for the benefit of BSWMC-Hillcrest.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - Most voting board members are independent and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 58
  • Accountability: 72
  • Sustainability: 87
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 4th percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 83.3%; rating input score 83; 17th percentile among comparable filings
  • Governance controls: 5 of 9 controls in place; rating input score 56
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 99.9%; rating input score 100; 100th percentile among comparable filings
  • Total-asset coverage ratio: 6,689.3; rating input score 100; 100th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 93; 93rd percentile among comparable filings
  • Officer compensation ratio: 1,474.5%; rating input score 0; 0th percentile among comparable filings

Growth

  • Program expense growth: -43.8% per year; rating input score 0; 0th percentile among comparable filings
  • Revenue growth: 17.7% per year; rating input score 100; 90th percentile among comparable filings
  • Asset growth: 16.4% per year; rating input score 100; 84th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: 10 of 12 board members independent · 5 of 9 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $775K · 14 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 13 of 14 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 2 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Governance controls: 3 of 8 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 0/100.