2025-11-14T16:21:07-06:00 2024-12-31 750786316 WEAVER AND TIDWELL LLP 2300 N FIELD ST STE 1000 DALLAS TX 75201 990 2024-01-01 923727451 PERMIAN BASIN MEDICAL CENTER PERM 4322211584 125 W MISSOURI FLOOR 4 MIDLAND TX 79701 RUSSELL MEYERS CHIEF EXECUTIVE OFFICER 4322211584 2025-11-14 1 1 SARA BURKHART P01435955 9724901970 2024 2025-03-06 01:10:19Z X RUSSELL MEYERS 125 W MISSOURI FLOOR 4 MIDLAND TX 79701 2478102 0 X N/A X 2022 TX PBMC WAS ORGANIZED TO, AMONG OTHER THINGS, (A) PROMOTE AND PROVIDE FOR OR ASSIST IN THE ESTABLISHMENT, SUPPORT AND MAINTENANCE OF PROGRAMS AND FACILITIES WITHIN THE PERMIAN BASIN REGION OF WEST TEXAS FOR MEDICAL, DENTAL AND NURSING EDUCATION AND OTHER PHASES OF HEALTH AND MEDICAL EDUCATION FOR HOSPITALIZATION AND TREATMENT OF PERSONS REQUIRING MEDICAL TREATMENT AND FOR RESEARCH IN THE FIELD OF HEALTH AND SCIENCE OF MEDICINE AND DENTISTRY AND (B) PROMOTE OR ASSIST THE NONPROFIT CHARITABLE, EDUCATIONAL, MEDICAL CARE AND RESEARCH INSTITUTIONS LOCATED WITHIN THE BOUNDARIES OF A MEDICAL CENTER IN THE PERMIAN BASIN REGION OF WEST TEXAS TO BE DEVELOPED BY PBMC (THE MEDICAL CENTER), BY PROVIDING SERVICES TO SUCH INSTITUTIONS OF THEIR FACILITIES LOCATED WITHIN SUCH BOUNDARIES AND EACH SUCH INSTITUTION'S USE OF SUCH FACILITIES WHILE IT IS OPERATING WITHIN SUCH BOUNDARIES, WITH A VIEW TO ESTABLISHING AND MAINTAINING WITHIN SUCH BOUNDARIES A COORDINATED AND MUTUALLY BENEFICIAL ENVIRONMENT. 11 11 0 10 0 0 2079306 2478102 0 0 0 0 0 0 2079306 2478102 0 0 0 0 0 0 0 0 0 969968 2086006 969968 2086006 1109338 392096 2848798 13286346 1347460 11231522 1501338 2054824 X TO ENHANCE THE QUALITY AND ACCESSIBILITY OF HEALTHCARE SERVICES IN THE PERMIAN BASIN REGION OF WEST TEXAS AND SOUTHEASTERN NEW MEXICO. 0 0 952171 PBMC WAS ORGANIZED TO, AMONG OTHER THINGS, (A) PROMOTE AND PROVIDE FOR OR ASSIST IN THE ESTABLISHMENT, SUPPORT AND MAINTENANCE OF PROGRAMS AND FACILITIES WITHIN THE PERMIAN BASIN REGION OF WEST TEXAS FOR MEDICAL, DENTAL AND NURSING EDUCATION AND OTHER PHASES OF HEALTH AND MEDICAL EDUCATION FOR HOSPITALIZATION AND TREATMENT OF PERSONS REQUIRING MEDICAL TREATMENT AND FOR RESEARCH IN THE FIELD OF HEALTH AND SCIENCE OF MEDICINE AND DENTISTRY AND (B) PROMOTE OR ASSIST THE NONPROFIT CHARITABLE, EDUCATIONAL, MEDICAL CARE AND RESEARCH INSTITUTIONS LOCATED WITHIN THE BOUNDARIES OF A MEDICAL CENTER IN THE PERMIAN BASIN REGION OF WEST TEXAS TO BE DEVELOPED BY PBMC (THE MEDICAL CENTER), BY PROVIDING SERVICES TO SUCH INSTITUTIONS OF THEIR FACILITIES LOCATED WITHIN SUCH BOUNDARIES AND EACH SUCH INSTITUTION'S USE OF SUCH FACILITIES WHILE IT IS OPERATING WITHIN SUCH BOUNDARIES, WITH A VIEW TO ESTABLISHING AND MAINTAINING WITHIN SUCH BOUNDARIES A COORDINATED AND MUTUALLY BENEFICIAL ENVIRONMENT. 952171 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 1 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 X REBBECCA L RICHEY 4322211645 125 W MISSOURI FLOOR 4 MIDLAND TX 79701 X STEVEN STEEN DIRECTOR 1.00 X 0 0 0 TRACEE BENTLEY DIRECTOR 1.00 X 0 0 0 GRANT BILLINGSLEY DIRECTOR 1.00 X 0 0 0 KIRK EDWARDS DIRECTOR 1.00 X 0 0 0 MARK BERG DIRECTOR 1.00 X 0 0 0 BRYN DODD DIRECTOR 1.00 X 0 0 0 JACK HARPER DIRECTOR 1.00 X 0 0 0 COLLIN SEWELL DIRECTOR 1.00 X 0 0 0 DON EVANS CHAIRMAN 1.00 X X 0 0 0 TRAVIS STICE PRESIDENT 1.00 X X 0 0 0 TIM LEACH VICE PRESIDENT 1.00 X X 0 0 0 MARC DINGLER SECRETARY 1.00 X 0 0 0 0 0 0 0 0 0 0 0 2478102 2478102 2478102 0 0 0 39812 39812 23219 23219 6568 6568 28924 28924 14171 14171 20033 20033 REIMBURSED SALARIES 699790 699790 INFRASTRUCTURE 547250 547250 DEVELOPMENT 404921 404921 REGIONAL HEALTHCARE PLA 275296 275296 26022 26022 2086006 952171 1133835 0 1618652 12873398 392000 1230146 392000 0 20948 2848798 13286346 134960 110250 1212500 11100000 0 21272 1347460 11231522 X 817476 1501338 1237348 1501338 2054824 2848798 13286346 392096 161390 0 X 0 1 X 0 0 X 2250000 2079306 2478102 6807408 2250000 2079306 2478102 6807408 2250000 2079306 2478102 6807408 0 2250000 2079306 2478102 6807408 0 2250000 2079306 2478102 6807408 X PART III, SHORT YEAR EXPLANATION THE ORGANIZATIONAL DOCUMENTS WERE SIGNED ON SEPTEMBER 27, 2022, THEREFORE, THE 2022 TAX YEAR IS REPORTING A SHORT-YEAR RETURN. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 392000 392000 392000 LEASE LIABILITIES 21272 21272 X 2478102 0 2478102 0 2478102 2086006 0 2086006 0 2086006 PART X, LINE 2: THE BEACON IS GENERALLY EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC"), AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE BEACON AND RECOGNIZE A TAX LIABILITY OF THE BEACON HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE BEACON AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2024, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE BEACON IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIOD IN PROGRESS. FORM 990, PART VI, SECTION A, LINE 2 TRAVIS STICE AND MARC DINGLER HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 3 PERMIAN BASIN MEDICAL CENTER CONTRACTS WITH MIDLAND MEMORIAL FOUNDATION DEVELOPMENT FOR MANAGEMENT. FORM 990, PART VI, SECTION A, LINE 8B THERE WERE NO SEPARATE COMMITTEES WITH MEETINGS OR WRITTEN ACTIONS UNDERTAKEN TO DOCUMENT. FORM 990, PART VI, SECTION B, LINE 11B DEVELOPED BY CONSULTING ACCOUNTING GROUP WITH ASSISTANCE OF CEO; REVIEWED BY BOARD MEMBERS PRIOR TO SUBMITTAL. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.