Civic Intelligence

Driscoll Healthcare Services

EIN 01-0962276 • 501(c)3 • Corpus Christi, TX

Profile

Driscoll healthcare services carries out the purposes of driscoll children's hospital.

3533 South AlamedaCorpus Christi, TX 78411

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

2nd percentile

0.00x

Higher debt load relative to assets than 2% of similar nonprofits.

501(c)3 • $1B+ nonprofits • Source year 2024

Liabilities / Revenue

3rd percentile

0.00x

Higher debt load relative to revenue than 3% of similar nonprofits.

501(c)3 • $1B+ nonprofits • Source year 2024

Net Margin

94th percentile

61%

Higher net margin than 94% of similar nonprofits.

501(c)3 • $1B+ nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

94th percentile

34%

Faster asset growth than 94% of similar nonprofits.

501(c)3 • $1B+ nonprofits • Annualized from 2023 to 2024

Revenue Growth

78th percentile

19%

Faster revenue growth than 78% of similar nonprofits.

501(c)3 • $1B+ nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,865,492,010

Up $474,246,994 (+34%) from 2023

Liabilities

Up

$26,257

Up $600 (+2.3%) from 2023

Net Assets

Up

$1,865,465,753

Up $474,246,394 (+34%) from 2023

Revenue

Up

$55,630,738

Up $8,710,140 (+19%) from 2023

Expenses

Up

$21,697,217

Up $3,689,074 (+20%) from 2023

Net Income

Up

$33,933,521

Up $5,021,066 (+17%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0B$1.5B$1.0B$500M$0Assets 2011: $2,786,777Liabilities 2011: $0Net Assets 2011: $2,786,7772011Assets 2012: $5,813,175Liabilities 2012: $0Net Assets 2012: $5,813,1752012Assets 2013: $5,680,461Liabilities 2013: $0Net Assets 2013: $5,680,4612013Assets 2014: $5,601,485Liabilities 2014: $0Net Assets 2014: $5,601,4852014Assets 2015: $5,536,185Liabilities 2015: $0Net Assets 2015: $5,536,1852015Assets 2016: $5,338,871Liabilities 2016: $0Net Assets 2016: $5,338,8712016Assets 2017: $5,104,468Liabilities 2017: $0Net Assets 2017: $5,104,4682017Assets 2018: $4,653,470Liabilities 2018: $7,642Net Assets 2018: $4,645,8282018Assets 2019: $4,055,755Liabilities 2019: $7,458Net Assets 2019: $4,048,2972019Assets 2020: $3,868,158Liabilities 2020: $0Net Assets 2020: $3,868,1582020Assets 2021: $3,613,623Liabilities 2021: $0Net Assets 2021: $3,613,6232021Assets 2022: $1,107,716,557Liabilities 2022: $0Net Assets 2022: $1,107,716,5572022Assets 2023: $1,391,245,016Liabilities 2023: $25,657Net Assets 2023: $1,391,219,3592023Assets 2024: $1,865,492,010Liabilities 2024: $26,257Net Assets 2024: $1,865,465,7532024

Highlighted filing

2024

Assets$1,865,492,010
Liabilities$26,257
Net Assets$1,865,465,753

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60M$40M$20M$0-$20MExpenses 2011: $7,058,3602011Expenses 2012: $7,686,5582012Expenses 2013: $7,533,5092013Revenue 2014: $3,390,479Expenses 2014: $8,186,376Net Income 2014: -$4,795,8972014Revenue 2015: $3,272,213Expenses 2015: $8,953,344Net Income 2015: -$5,681,1312015Revenue 2016: $4,687,698Expenses 2016: $10,640,851Net Income 2016: -$5,953,1532016Revenue 2017: $5,279,764Expenses 2017: $10,913,926Net Income 2017: -$5,634,1622017Revenue 2018: $5,370,846Expenses 2018: $12,126,219Net Income 2018: -$6,755,3732018Revenue 2019: $5,475,121Expenses 2019: $12,487,486Net Income 2019: -$7,012,3652019Revenue 2020: $4,749,160Expenses 2020: $12,559,311Net Income 2020: -$7,810,1512020Revenue 2021: $6,073,644Expenses 2021: $12,203,239Net Income 2021: -$6,129,5952021Revenue 2022: $11,731,592Expenses 2022: $14,966,473Net Income 2022: -$3,234,8812022Revenue 2023: $46,920,598Expenses 2023: $18,008,143Net Income 2023: $28,912,4552023Revenue 2024: $55,630,738Expenses 2024: $21,697,217Net Income 2024: $33,933,5212024

Highlighted filing

2024

Revenue$55,630,738
Expenses$21,697,217
Net Income$33,933,521

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1,865$0.03$1,865$55.6$21.7$33.9
2023Detailed filing. Detailed filing data is available for this year.$1,391$0.03$1,391$46.9$18.0$28.9
2022Detailed filing. Detailed filing data is available for this year.$1,108$0.00$1,108$11.7$15.0$3.23
2021Detailed filing. Detailed filing data is available for this year.$3.61$0.00$3.61$6.07$12.2$6.13
2020Detailed filing. Detailed filing data is available for this year.$3.87$0.00$3.87$4.75$12.6$7.81
2019Detailed filing. Detailed filing data is available for this year.$4.06$0.01$4.05$5.48$12.5$7.01
2018Detailed filing. Detailed filing data is available for this year.$4.65$0.01$4.65$5.37$12.1$6.76
2017Detailed filing. Detailed filing data is available for this year.$5.10$0.00$5.10$5.28$10.9$5.63
2016Detailed filing. Detailed filing data is available for this year.$5.34$0.00$5.34$4.69$10.6$5.95
2015Detailed filing. Detailed filing data is available for this year.$5.54$0.00$5.54$3.27$8.95$5.68
2014Detailed filing. Detailed filing data is available for this year.$5.60$0.00$5.60$3.39$8.19$4.80
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.68$0.00$5.68$7.53
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.81$0.00$5.81$7.69
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.79$0.00$2.79$7.06
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
Jul 10, 2025
Return Version
2023v6.0
Gross Receipts
$55,630,738
Mission and Program Overview

Mission

Driscoll healthcare services carries out the purposes of driscoll children's hospital.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,383,992,919$1,854,932,712▲ $470,939,793
Land, Buildings, and Equipment, Net$5,273,692$7,940,678▲ $2,666,986
Accounts Receivable$1,978,405$2,618,620▲ $640,215
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$1,391,245,016$1,865,492,010▲ $474,246,994
Other Assets Total$0$0→ $0
Liabilities
Deferred Revenue$25,657$26,257▲ $600
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$25,657$26,257▲ $600
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,391,219,359$1,865,465,753▲ $474,246,394
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$1,391,219,359$1,865,465,753▲ $474,246,394
Total Liabilities and Net Assets / Fund Balance$1,391,245,016$1,865,492,010▲ $474,246,994

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,304,614$1,827,990$8,132,604
Equipment$1,636,064$5,809,806$7,445,870
Leasehold Improvements$0$515,766$515,766
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Luis CortinaTransport RrtFT$186,052$78,670$264,722
Jeremy L GoodmanDirector Transport & Respiratory ServicesFT$177,920$85,992$263,912
Julian AlcalaTransport RrtFT$164,556$86,644$251,200
Samuel ArwoodTransport RnFT$185,953$60,169$246,122
Rolando MorganTransport RnFT$172,983$63,001$235,984

Board Members and Trustees

NameTitle
Eric HamonPresident
Mary D Peterson MdExecutive Vice President & COO
Gregory a WardCFO, Dchp
Jennifer R HendersonSecretary
Steven E KingTreasurer
Karen C LongVP-clinical Operations
Sean M PieriVP-development Foundation
William H LarsenVP-human Resources

Highest Paid Contractors

ContractorServicesLocationCompensation
Sterling Air Svcs LLCMedical Transport574 HANGER LN, Corpus Christi, TX 78406$6,693,392
Halo Flight INCMedical Transport1843 FM 665 RD, Corpus Christi, TX 78415$2,253,740
One Call Med TransportsMedical Transport3815 E MAIN ST STE C, St Charles, IL 60174$299,830
Campbells Janitorial SvcJanitorial Services2212 PRIMROSE AVE BLDG G, Mcallen, TX 78504$296,253
Revenue and Support

Revenue Composition

Contributions and Grants
$15,380
Program Service Revenue
$19,091,985
Investment Income
$35,944,881
Other Revenue
$578,492
All Other Contributions
$15,380
Change in Net Assets
$33,933,521
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$12,499,916
Salaries, Compensation, and Employee Benefits$9,197,301
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$7,531,347$0$0$7,531,347
Other Salaries and Wages$7,512,090$0$0$7,512,090
Fees for Services Management$1,851,761$0$0$1,851,761
Office Expenses$852,700$0$0$852,700
Other Employee Benefits$781,759$0$0$781,759
Depreciation Depletion$584,786$0$0$584,786
Payroll Taxes$521,579$0$0$521,579
Pension Plan Contributions$381,873$0$0$381,873
Occupancy$125,858$20,728$0$146,586
All Other Expenses$78,921$0$0$78,921
Other Expenses$5,741$62,277$0$68,018
Travel$7,095$0$0$7,095
Advertising$4,648$0$0$4,648
Total Functional Expenses$21,437,248$259,969$0$21,697,217
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 15 PROCESS FOR DETERMINING COMPENSATION

The filing organization does not determine compensation for officers. The processes described below are that of driscoll children's hospital, a related tax-exempt organization. Compensation for hospital executives is governed by the compensation, governance, and nominating committee of the board of directors. The board of directors utilizes an outside executive compensation consulting firm as an advisor to ensure that the hospital compensation provided to executives is reasonable. This process was last completed in fye 2023.

Form 990, Part VI, Line 6 Classes of members or stockholders

Driscoll children's hospital is the sole member of driscoll healthcare services.

Form 990, Part VI, Line 7A Members or stockholders electing members of governing body

The organization's sole member, driscoll children's hospital, elects the board of directors.

Form 990, Part VI, Line 7B Decisions requiring approval by members or stockholders

The following matters require the approval of the member to be effective: 1) annual operating and capital budgets of the corporation; 2) merger, acquisition, or consolidation of the corporation; 3) borrowing or lending of money or the creation of indebtedness through the guaranty of another's debt or similar action; 4) giving or seeking of grants; and 5) appointment or removal of directors in accordance with the bylaws of the organization.

Form 990, Part VI, Line 11B Review of form 990 by governing body

The organization engages an outside accounting firm to prepare its form 990. Once the form 990 is prepared by the accounting firm and reviewed by the organization's internal financial team, the final report is presented to the governing body by senior management prior to filing.

Form 990, Part VI, Line 12C Conflict of interest policy

The organization hires an employee to lead compliance efforts and report compliance issues that may arise. In addition, the board committee reviews those issues and reports.

Form 990, Part VI, Line 19 Required documents available to the public

The organization does not make its governing documents, conflict of interest policy, and financial statements available to the public.

Filing and Contact Details

Filer

Filer Name
Driscoll Healthcare Services
EIN
01-0962276
Phone
3616945021
Address
3533 SOUTH ALAMEDA, CORPUS CHRISTI, TX 78411

Signing Officer

Name
Eric Hamon
Title
President
Signed
2025-07-10
Discuss with paid preparer
Yes

Organization Details

Formed
2010
Legal Domicile
TX
Voting Board Members
3
Independent Board Members
0
Employees
59
Volunteers
0

Preparer

Firm
Ernst & Young US Llp
Address
155 N WACKER DRIVE, CHICAGO, IL 60606
Preparer
Emily Upstrom
Phone
3128792000
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G Other Fees

AMBULANCE SERVICES - Total Expense: 7232340, Program Service Expense: 7232340, Management and General Expenses: , Fundraising Expenses: ; OTHER FEES - Total Expense: 299007, Program Service Expense: 299007, Management and General Expenses: , Fundraising Expenses: ;

Form 990, Part XI, Line 9 Other changes in net assets or fund balances

Equity transfers net - xxx-xx-xxxx; released from restriction - 560332;

Financial Statement Notes

Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote

The hospital is a tax-exempt organization as described in section 501 (c) (3) of the internal revenue code (the code), and is generally exempt from federal income taxes on related income pursuant to section 501 (a) of the code. The hospital is, however, subject to federal and state income tax on unrelated business income and files unrelated business income tax and other information returns as required by government authorities. Management annually reviews its tax positions and has determined that there are no material uncertain tax positions that require recognition on the accompanying consolidated balance sheet as of august 31, 2024 and 2023.

Raw XML AppendixShowing 400 of 898 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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