2026-07-14T18:47:15+00:00 2025-08-31 440160260 Forvis Mazars LLP 2700 Post Oak Blvd Ste 1500 Houston TX 77056 990 2024-09-01 752728889 Hendrick Anesthesia Network HEND 3256702000 PO Box 3117 Abilene TX 79604 Jeremy Walker CFO 2026-07-15 true Amanda Maya P01067777 7134994600 2026-07-15 2024 2025-03-06 01:10:19Z BRAD HOLLAND CEO 1242 NORTH 19TH STREET ABILENE TX 79601 15276004 false X WWW.HENDRICKHEALTH.ORG X 1997 TX TO PROMOTE THE HEALTH AND WELFARE OF THE GENERAL PUBLIC BY PROVIDING QUALITY HEALTHCARE TO THE COMMUNITY. 17 0 67 0 0 0 0 0 15305383 15271103 1114 3045 3165 1856 15309662 15276004 0 0 0 0 20446467 22113408 0 0 0 9694285 8881099 30140752 30994507 -14831090 -15718503 931685 979190 1657684 1964715 -725999 -985525 TO PROMOTE THE HEALTH AND WELFARE OF THE GENERAL PUBLIC BY PROVIDING QUALITY HEALTHCARE TO THE COMMUNITY. false false 30957482 15271103 PROVIDED AN ESTIMATED 15,663 MEDICAL PROCEDURES TO THE COMMUNITY WITH AN EMPHASIS ON THE PRACTICE OF ANESTHESIOLOGY. 30957482 true false false false false false false false false false false false false false false false false true false false false false false false false false false false false true false false false false false false false false false false false false false false false true true false false false true 21 0 true 67 true false false false false false false false false false false false false X 17 0 false false false false true true true true true false false false true true true true true true true false false false X JEREMY WALKER 3256702000 1900 PINE STREET ABILENE TX 79601 Brad Holland PRESIDENT/CEO 2.0 50.0 X X 0 1583697 228950 Brandon Caddell CHAIR 40.0 2.0 X X 655127 0 68338 Jeremy Walker VICE PRESIDENT/CFO 2.0 50.0 X X 0 730357 76605 Bradley Butler DIRECTOR 40.0 0 X 626392 0 46074 Christopher Armstrong DIRECTOR 40.0 0 X 661431 0 66931 Christopher Clinkscales DIRECTOR 40.0 0 X 563182 0 76449 Dennis Carter DIRECTOR 40.0 0 X 622825 0 69655 Doug McEwen DIRECTOR 40.0 0 X 623437 0 67718 Jeremie Perry DIRECTOR 40.0 0 X 581714 0 75507 John Ferguson DIRECTOR 40.0 0 X 586536 0 72940 Joseph Erickson DIRECTOR 40.0 0 X 628761 0 66474 Michael Price Physician 40.0 0 X 628414 0 52455 Michael Sullivan DIRECTOR 40.0 0 X 666100 0 66120 Ray Martin DIRECTOR 40.0 0 X 611497 0 61118 Russell Hicks DIRECTOR 40.0 0 X 630270 0 52986 Stephen Lowry DIRECTOR 40.0 0 X 646658 0 72434 Tamara Dutter DIRECTOR 40.0 0 X 553793 0 65020 Michael Beitzel Physician 40.0 0 X 573153 0 68937 Phillip Hendley Physician 40.0 0 X 572312 0 95395 Priscilla Kortyna Cert Reg Nurse Anesthetist (CR 40.0 0 X 394138 0 45963 Roel De Los Santos Cert Reg Nurse Anesthetist (CR 40.0 0 X 337741 0 7310 Walt Kelley Physician 40.0 0 X 603096 0 65831 David Stephenson Vice President 10.0 44.0 X 0 278866 31504 11766577 2592920 1600714 44 false true false Amergis Healthcare 12558 Collections Center Drive Chicago IL 60693 Contract Labor 885650 Kobor Medsearch LLC PO Box 1931 Dawsonville GA 30534 Contract Labor 692093 Scout Nursing Staff 1602 Avenue Q Lubbock TX 794014732 Contract Labor 637214 CRNA Locum Jobs 15108 Angus Court Little Rock AR 72210 Contract Labor 564676 Pryor Anesthesia PLLC 1826 Colony Hill Road Unit 203 Abilene TX 79602 Contract Labor 410557 24 0 Private Pay & Insurance Carriers 621500 15271103 15271103 0 0 0 0 15271103 3045 3045 0 0 0 0 Miscellaneous Revenue 900099 1856 1856 0 0 0 0 1856 15276004 15271103 0 4901 X 0 0 10266353 10266353 10290571 10290571 790237 790237 766247 766247 30602 30602 12000 12000 8370814 8370814 0 0 3534 2759 775 12336 12336 1245 1245 30708 30481 227 161323 161323 Professional Development 139808 139808 Minor Equipment 48930 48930 Dues & Subscriptions 45313 45313 Time Allocations 22439 22439 2047 463 1584 0 30994507 30957482 37025 0 0 0 246918 121366 0 0 684767 853712 0 0 0 0 0 0 0 0 0 4112 0 0 0 0 0 0 0 0 0 0 0 0 931685 979190 1657684 1964715 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1657684 1964715 X -725999 -985525 0 0 0 0 0 0 0 0 -725999 -985525 931685 979190 X -15718503 15458977 X false true true false X 0 1241095 0 0 0 1241095 6301568 10072405 14624144 15305383 15271103 61574603 0 0 0 6301568 11313500 14624144 15305383 15271103 62815698 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 62815698 610 85 976 1114 3045 5830 0 610 85 976 1114 3045 5830 0 14238 1077 6401 3165 1856 26737 6316416 11314662 14631521 15309662 15276004 62848265 0.99948 0.99620 0 0 X Schedule A, Part III, Line 12 Other Income DESCRIPTION - MISCELLANEOUS REVENUE, COLUMN A - 14238.0, COLUMN B - 1077.0, COLUMN C - 6401.0, COLUMN D - 3165.0, COLUMN E - 1856.0, COLUMN F - 26737.0; 15276004 0 0 15276004 0 0 15276004 30994507 0 0 30994507 0 0 30994507 Schedule D, Part X, Line 2 MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. X X X X X false true false false false false false false false Brandon Caddell CHAIR 648281 0 0 0 6846 0 25520 0 42818 0 723465 0 0 0 Brad Holland PRESIDENT/CEO 0 947737 0 422464 0 213496 0 186603 0 42347 0 1812647 0 213496 Jeremy Walker VICE PRESIDENT/CFO 0 478046 0 195673 0 56638 0 48016 0 28589 0 806962 0 56638 Christopher Armstrong DIRECTOR 655449 0 0 0 5982 0 23773 0 43158 0 728362 0 0 0 Bradley Butler DIRECTOR 620410 0 0 0 5982 0 27448 0 18626 0 672466 0 0 0 Dennis Carter DIRECTOR 616843 0 0 0 5982 0 29489 0 40166 0 692480 0 0 0 Christopher Clinkscales DIRECTOR 558169 0 0 0 5013 0 33631 0 42818 0 639631 0 0 0 Tamara Dutter DIRECTOR 547957 0 667 0 5169 0 22478 0 42542 0 618813 0 0 0 Joseph Erickson DIRECTOR 622455 0 0 0 6306 0 23000 0 43474 0 695235 0 0 0 John Ferguson DIRECTOR 580554 0 0 0 5982 0 29466 0 43474 0 659476 0 0 0 Russell Hicks DIRECTOR 624288 0 0 0 5982 0 23773 0 29213 0 683256 0 0 0 Stephen Lowry DIRECTOR 640586 0 0 0 6072 0 30500 0 41934 0 719092 0 0 0 Ray Martin DIRECTOR 605515 0 0 0 5982 0 17830 0 43288 0 672615 0 0 0 Doug McEwen DIRECTOR 617455 0 0 0 5982 0 23000 0 44718 0 691155 0 0 0 Jeremie Perry DIRECTOR 575732 0 0 0 5982 0 29489 0 46018 0 657221 0 0 0 Michael Price Physician 612432 0 10000 0 5982 0 35659 0 16796 0 680869 0 0 0 Michael Sullivan DIRECTOR 660118 0 0 0 5982 0 23773 0 42347 0 732220 0 0 0 David Stephenson Vice President 0 278866 0 0 0 0 0 5968 0 25536 0 310370 0 0 Michael Beitzel Physician 569213 0 0 0 3940 0 22919 0 46018 0 642090 0 0 0 Roel De Los Santos Cert Reg Nurse Anesthetist (CR 284473 0 20000 0 33268 0 7310 0 0 0 345051 0 0 0 Phillip Hendley Physician 562312 0 10000 0 0 0 52627 0 42768 0 667707 0 0 0 Walt Kelley Physician 602346 0 750 0 0 0 23013 0 42818 0 668927 0 0 0 Priscilla Kortyna Cert Reg Nurse Anesthetist (CR 347975 0 12500 0 33663 0 26096 0 19867 0 440101 0 0 0 Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation METHOD USED BY HENDRICK MEDICAL CENTER TO ESTABLISH RELATED COMPENSATION OF THE OFFICERS: COMPENSATION COMMITTEE INDEPENDENT COMPENSATION CONSULTANT WRITTEN EMPLOYMENT CONTRACT COMPENSATION SURVEY OR STUDY APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan PARTICIPANTS IN 457(F) | REPORTED IN W-2 | DEF. COMP | PAID BY --------------------------------------------------------------------------------------- JEREMY WALKER | $ 56,638 | $48,016 | HMC DAVID STEPHENSON | $ 0 | $ 5,968 | HPN BRAD HOLLAND | $ 213,496 | $ 186,603 | HMC Form 990, Part VI, Line 1a Material differences in voting rights OFFICERS OF HENDRICK MEDICAL CENTER WHO ARE BOARD MEMBERS OF HENDRICK ANESTHESIA NETWORK ARE NOT VOTING MEMBERS. Form 990, Part VI, Line 6 Classes of members or stockholders HENDRICK MEDICAL CENTER IS THE SOLE MEMBER OF HENDRICK ANESTHESIA NETWORK. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body PHYSICIANS WHO ARE EMPLOYED BY THE ENTITY SHALL HAVE AUTHORITY TO NOMINATE, FROM TIME TO TIME, THOSE PHYSICIANS WHO SHALL SERVE AS DIRECTORS. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders ARTICLE VII OF THE RESTATED ARTICLES OF INCORPORATION PROVIDES, IN PART, THAT AN AMENDMENT TO ARTICLE II RELATING TO THE PURPOSE OF THE CORPORATION AND ARTICLE VI RELATING TO THE NUMBER AND METHOD OF THE ELECTION OR APPOINTMENT OF THE BOARD OF TRUSTEES SHALL OCCUR ONLY WITH THE CONSENT OF THE BAPTIST GENERAL CONVENTION OF TEXAS OR ITS EXECUTIVE BOARD. Form 990, Part VI, Line 11b Review of form 990 by governing body THE ORGANIZATION ENGAGES AN OUTSIDE ACCOUNTING FIRM TO PREPARE FORM 990. ONCE PREPARED, THE FORM IS REVIEWED BY THE ORGANIZATION'S INTERNAL ACCOUNTANTS PRIOR TO FILING. Form 990, Part VI, Line 12c Conflict of interest policy THE ORGANIZATION CONDUCTS, AT A MINIMUM, ANNUAL REVIEWS OF THE POSSIBLE CONFLICTS OF INTEREST AND OTHER FINANCIAL RELATIONSHIPS IDENTIFIED UNDER THIS CONFLICT OF INTEREST POLICY. Form 990, Part VI, Line 15a Process to establish compensation of top management official A COMPREHENSIVE REVIEW OF COMPENSATION IS CONDUCTED BY AN INDEPENDENT PARTY AT LEAST EVERY THREE YEARS. THIS REPORT PRESENTS THE RESULTS OF THE ANALYSIS OF SALARY, INCENTIVE, TOTAL CASH COMPENSATION (SALARY PLUS INCENTIVE), BENEFITS, AND TOTAL COMPENSATION (TOTAL CASH AND BENEFITS). INTEGRATED HEALTHCARE STRATEGIES (IHS) WORKS WITH THE PERSONNEL COMMITTEE TO FORMALLY DEFINE AN EXECUTIVE TOTAL COMPENSATION PHILOSOPHY. HENDRICK HEALTH SYSTEM'S CURRENT PHILOSOPHY IS TO USE RANGES BUILT AROUND THE MEDIAN OF THE MARKET WITH A 50% SPREAD FROM MINIMUM TO MAXIMUM. INCENTIVE OPPORTUNITY LEVELS ARE COMPETITIVE WITH PRACTICES OF PEER GROUPS AND BENEFITS WILL BE DELIVERED AT MARKET COMPETITIVE LEVELS. SEVERANCE AND PERQUISITES REFLECT A CONSERVATIVE PHILOSOPHY. THE COMMITTEE DETERMINED THAT THE PEER GROUP WOULD BE PRIMARILY REGIONAL NOT-FOR-PROFIT HOSPITALS OF SIMILAR SIZE AND COMPLEXITY. NATIONAL PEER GROUP WILL BE USED FOR REFERENCE PURPOSES WHERE APPROPRIATE. THE HENDRICK HEALTH SYSTEM PERSONNEL COMMITTEE IS DELEGATED THE RESPONSIBILITY FOR THE EXECUTIVE COMPENSATION PROGRAM BY THE BOARD OF TRUSTEES. THE COMMITTEE: SETS THE OVERALL EXECUTIVE COMPENSATION PHILOSOPHY TO BE IMPLEMENTED BY HENDRICK HEALTH SYSTEM; SETS COMPENSATION COMPONENTS FOR THE PRESIDENT AND CEO; REVIEWS, DISCUSSES AND MAKES DECISIONS BASED ON THE PRESIDENT AND CEO'S RECOMMENDATIONS FOR HIS DIRECT REPORTS; REPORTS A SUMMARY OF THE PROCESS BACK TO THE BOARD OF TRUSTEES ALONG WITH THE ACTUAL COMPENSATION APPROVED FOR THE PRESIDENT AND CEO; AND APPROVES ALL INCENTIVE GOALS AND AWARDS. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part IX, Line 11g Other Fees Contract Labor - Total Expense: 7531699, Program Service Expense: 7531699, Management and General Expenses: , Fundraising Expenses: ; Purchased Services - Total Expense: 758926, Program Service Expense: 758926, Management and General Expenses: , Fundraising Expenses: ; Professional Fees - Total Expense: 80189, Program Service Expense: 80189, Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances TRANSFER FROM AFFILIATES - 15458977; Total - 15458977; HENDRICK MEDICAL CENTER PO BOX 3117 ABILENE TX 79604 750827446 HOSPITAL TX 501(c)(3) 3 NOT APPLICABLE false HENDRICK PROVIDER NETWORK PO BOX 3117 ABILENE TX 79604 752660403 PHYS. GROUP TX 501(c)(3) 10 HMC true HENDRICK MEDICAL CENTER FOUNDATION PO BOX 3117 ABILENE TX 79604 237413284 FUNDRAISING TX 501(c)(3) 7 HMC true HENDRICK HOSPICE CARE PO BOX 3117 ABILENE TX 79604 751835287 HOSPICE CARE TX 501(c)(3) 10 HMC true HMC HOSPICE PROPERTIES PO BOX 3117 ABILENE TX 79604 814244839 PROPERTY MGMT TX 501(c)(3) Type I HMC true HENDRICK MEDICAL CENTER BROWNWOOD 1900 PINE ST ABILENE TX 79601 851941193 HEALTHCARE TX 501(c)(3) 3 HMC true HENDRICK HEALTH NETWORK PO BOX 3117 ABILENE TX 79604 721619011 HEALTH INSURANCE TX HMC C Corporation 0 0 0 true HENDRICK SOUTHWESTERN HEALTH DEV CORP PO BOX 3117 ABILENE TX 79604 751598794 RETAIL SALES TX HMC C Corporation 0 0 0 true false false true false false false false false false false false false false false false false false false false