What is Memorial Hermann Medical Group's total revenue?

Memorial Hermann Medical Group reported total revenue of $265.0M for tax year 2023 on its IRS Form 990, against $388.1M in total expenses and $-123.2M in net income.

What are Memorial Hermann Medical Group's total assets?

Memorial Hermann Medical Group reported total assets of $126.4M and net assets of $-871.4M on its FY2023 IRS Form 990.

Where can I find Memorial Hermann Medical Group's IRS Form 990?

Memorial Hermann Medical Group files IRS Form 990 annually under EIN 20-4923281. The financial summary, executive compensation, and community benefit data are shown on this page; the original filing is also available directly from the IRS.

IRS Form 990 · EIN 20-4923281

Memorial Hermann Medical Group

Houston, TX 77024-2317 · Tax year 2023

NTEE E30Health Treatment Facility

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$265.0M

Total revenue

$388.1M

Total expenses

$-123.2M

Net income

-46.5%

Operating margin

Financial summary

Total revenue: $265.0M
Contributions + grants: $22.6M
Program service revenue: $242.3M
Total expenses: $388.1M
Program expenses: —
Administrative expenses: —
Fundraising expenses: —
Net income: $-123.2M
Total assets: $126.4M
Total liabilities: $997.7M
Net assets: $-871.4M

Peer comparison

Compared to 29 organizations with NTEE E30 in TX

Avg revenue (peers)

$120.4M

This org:$265.0M

Avg net income (peers)

$-3.5M

This org:$-123.2M

Avg top exec comp (peers)

$732K

This org (highest):$2.3M

Executive compensation (FY2022)

15 officers + key employees from the most recent Schedule J filing (FY2022; the financial summary above is FY2023)

Name	Title	Hours/wk	Base comp	Total comp
Nadim S Jafri	Physician - Specialty	40	$1.6M	$2.3M
Felix Spiegel	Physician - Specialty	40	$808K	$1.3M
Majid A Basit	Physician - Specialty	40	$829K	$1.2M
Andrew A Selzman	Physician - Specialty	40	$777K	$1.2M
Shaheryar Siddiqui	Physician - Specialty	40	$637K	$1.1M
Philip Blum MD	Director	40	$448K	$673K
Doan Thuy Do MD	Director	40	$271K	$441K
Susan D Hutchins MD	Director	40	$315K	$428K
Laura L Whiteley MD	Director	40	$205K	$323K
Laura Armstrong MD	Former Director	40	$228K	$294K
Monica Kalra DO	Director	40	$163K	$219K
Warren Shea	Assistant Secretary	1	—	—
Deborah Gordon	Secretary	1	—	—
James McCarthy MD	President	1	—	—
Alec King	Treasurer	1	—	—

10-year history

Revenue and net income trend across all available filings

RevenueNet income

Year	Revenue	Expenses	Net income	Assets
2023	$265.0M	$388.1M	$-123.2M	$126.4M
2022	$270.8M	$366.0M	$-95.2M	$124.3M
2021	$263.0M	$353.5M	$-90.5M	$134.6M
2020	$216.1M	$324.9M	$-108.8M	$121.6M
2019	$162.8M	$253.7M	$-90.9M	$66.3M
2018	$139.7M	$217.0M	$-77.3M	$47.2M
2017	$119.5M	$184.6M	$-65.1M	$41.1M
2016	$99.0M	$147.1M	$-48.1M	$37.0M
2015	$83.2M	$127.5M	$-44.3M	$24.6M
2014	$89.6M	$137.9M	$-48.3M	$24.3M

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