Mission Hospital Foundation

Nonprofit profile at a glance

EIN
542076455
IRS 990 coverage
2010–2024
Forms available
Form 990 2024, Form 990-EZ 2009, Form 990-T 2024
Location
Mission, TX, USA
Phone
9563231025
Rating
35
Verdict
REVIEW
Rating confidence
Moderate
Sector
Single Organization Support

Reported finances

Revenue
$32,466
Expenses
$2,071
Assets
$556,206
Liabilities
$31,333

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

Leadership & pay

10 people listed

Executive titles in this filing

  • KANE DAWSON (CEO (REGIONAL))
  • LESTER SURROCK (CEO (REGIONAL))

Highest reported compensation

  • KANE DAWSON (CEO (REGIONAL)): $445,098 total reported compensation
  • LESTER SURROCK (CEO (REGIONAL)): $363,429 total reported compensation
  • PADMINI BHADRIRAJU (CMO & BOARD MEMBER): $325,000 total reported compensation

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

Overview

Mission

To engage in a wide variety of fundraising activities, through which the organization will solicit and receive financial contributions on behalf of mission regional medical center.

What it reported doing in 2024

To raise funds on behalf of, and contribute financial support to, mission regional medical center (mrmc), a Texas non-profit corporation created to serve the public located in hidalgo county and surrounding counties. By means of its support of mrmc, the organization assists mrmc in its promotion of the health of the residents of hidalgo county, Texas and surrounding counties, in an appropriate manner and in compliance with applicable federal and state laws. The major activity of the organization will be to engage in a wide variety of fundraising activities, through which the organization will solicit and receive financial contributions on behalf of mrmc.

Operating model

Revenue model
Investment-supported. 87% of the money available for current operations came from recurring investment income.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up and most voting board members are independent. 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: 60
  • Accountability: 65
  • Sustainability: 78
  • Growth: 0

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: 100%; rating input score 100; 63rd 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: 71.4%; rating input score 71; 23rd 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: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 93.6%; rating input score 99; 99th percentile among comparable filings
  • Total-asset coverage ratio: 268.57; rating input score 97; 97th percentile among comparable filings
  • Liabilities to assets ratio: 0.06; rating input score 21; 21st percentile among comparable filings
  • Officer compensation ratio: 4,869.5%; rating input score 1; 1st percentile among comparable filings

Growth

  • Program expense growth: -29% per year; rating input score 0; 12th percentile among comparable filings
  • Revenue growth: -12% per year; rating input score 0; 29th percentile among comparable filings
  • Asset growth: -0.9% per year; rating input score 0; 36th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: 5 of 7 board members independent · 5 of 9 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $445K · 10 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 14 of 14 current checks pass
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 12 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 12 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: 4 of 9 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 1/100.
  • High — Sustainability: Liabilities to assets ratio scored 21/100.