Civic Intelligence

The Sealy & Smith Foundation

990 • Fiscal year 2023 • EIN 74-1109652

Jan 01, 2023 to Dec 31, 2023 • Filed on Dec 18, 2024

Organization ProfileSEALY-SMITH-FOUNDATION.ORG

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2200 Market Street Suite 500Galveston, TX 77550

(409) 762-8666

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

14th percentile

0.05x

Higher debt load relative to assets than 14% of similar nonprofits.

2023 filings • 501(c)3 • $1B+ nonprofits • Source year 2023

Liabilities / Revenue

58th percentile

0.76x

Higher debt load relative to revenue than 58% of similar nonprofits.

2023 filings • 501(c)3 • $1B+ nonprofits • Source year 2023

Net Margin

97th percentile

77%

Higher net margin than 97% of similar nonprofits.

2023 filings • 501(c)3 • $1B+ nonprofits • Source year 2023

Top Officer Pay

9th percentile

$449,488

Higher top officer pay than 9% of similar nonprofits.

Top officer pay equals 0.3% of source-year revenue.

2023 filings • 501(c)3 • $1B+ nonprofits • Source year 2023

Asset Growth

92nd percentile

22%

Faster asset growth than 92% of similar nonprofits.

2023 filings • 501(c)3 • $1B+ nonprofits • Annualized from 2022 to 2023

Revenue Growth

15th percentile

-18%

Faster revenue growth than 15% of similar nonprofits.

2023 filings • 501(c)3 • $1B+ nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets14th percentile

Assets

Flat

$2,037,694,463

Flat from 2023

Net Assets

Flat

$1,938,723,988

Flat from 2023

Liabilities

Flat

$98,970,475

Flat from 2023

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin97th percentile

Revenue

Flat

$130,847,488

Flat from 2023

Expenses

Flat

$30,063,602

Flat from 2023

Net Income

Flat

$100,783,886

Flat from 2023

Historical Trend

Balance Sheet Trend

Asset Growth92nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0B$2.0B$1.0B$0Assets 2011: $824,106,103Liabilities 2011: $155,795,808Net Assets 2011: $668,310,2952011Assets 2012: $904,047,795Liabilities 2012: $147,671,632Net Assets 2012: $756,376,1632012Assets 2013: $1,065,183,737Liabilities 2013: $139,551,386Net Assets 2013: $925,632,3512013Assets 2014: $1,106,811,568Liabilities 2014: $130,768,242Net Assets 2014: $976,043,3262014Assets 2015: $1,063,421,424Liabilities 2015: $184,022,014Net Assets 2015: $879,399,4102015Assets 2016: $1,122,191,581Liabilities 2016: $174,961,312Net Assets 2016: $947,230,2692016Assets 2017: $1,291,957,244Liabilities 2017: $159,136,187Net Assets 2017: $1,132,821,0572017Assets 2018: $1,172,758,493Liabilities 2018: $122,387,555Net Assets 2018: $1,050,370,9382018Assets 2019: $1,377,577,374Liabilities 2019: $118,413,176Net Assets 2019: $1,259,164,1982019Assets 2020: $1,512,427,384Liabilities 2020: $116,512,154Net Assets 2020: $1,395,915,2302020Assets 2021: $1,823,742,664Liabilities 2021: $144,680,456Net Assets 2021: $1,679,062,2082021Assets 2022: $1,674,903,989Liabilities 2022: $121,266,998Net Assets 2022: $1,553,636,9912022Assets 2023: $2,037,694,463Liabilities 2023: $98,970,475Net Assets 2023: $1,938,723,9882023Assets 2023: $2,037,694,463Liabilities 2023: $98,970,475Net Assets 2023: $1,938,723,9882023Assets 2024: $2,305,818,243Liabilities 2024: $106,851,478Net Assets 2024: $2,198,966,7652024

Highlighted filing

2023

Assets$2,037,694,463
Liabilities$98,970,475
Net Assets$1,938,723,988
Open 2023 Filing

Operations Trend

Revenue Growth15th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200M$100M$0-$100MRevenue 2011: $56,946,919Expenses 2011: $128,633,008Net Income 2011: -$71,686,0892011Revenue 2012: $50,718,202Expenses 2012: $13,597,681Net Income 2012: $37,120,5212012Revenue 2013: $65,874,233Expenses 2013: $13,146,160Net Income 2013: $52,728,0732013Revenue 2014: $99,968,356Expenses 2014: $13,276,521Net Income 2014: $86,691,8352014Revenue 2015: $61,034,494Expenses 2015: $84,915,296Net Income 2015: -$23,880,8022015Revenue 2016: $43,898,579Expenses 2016: $17,679,343Net Income 2016: $26,219,2362016Revenue 2017: $90,579,317Expenses 2017: $25,236,518Net Income 2017: $65,342,7992017Revenue 2018: $97,546,927Expenses 2018: $12,798,573Net Income 2018: $84,748,3542018Revenue 2019: $134,416,284Expenses 2019: $35,941,910Net Income 2019: $98,474,3742019Revenue 2020: $86,559,144Expenses 2020: $23,013,090Net Income 2020: $63,546,0542020Revenue 2021: $193,760,950Expenses 2021: $59,944,232Net Income 2021: $133,816,7182021Revenue 2022: $158,734,221Expenses 2022: $31,756,764Net Income 2022: $126,977,4572022Revenue 2023: $130,847,488Expenses 2023: $30,063,602Net Income 2023: $100,783,8862023Revenue 2023: $130,847,488Expenses 2023: $30,063,602Net Income 2023: $100,783,8862023Revenue 2024: $135,743,625Expenses 2024: $57,722,709Net Income 2024: $78,020,9162024

Highlighted filing

2023

Revenue$130,847,488
Expenses$30,063,602
Net Income$100,783,886
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Dec 18, 2024
Return Version
2023v5.1
Gross Receipts
$206,758,486
Mission and Program Overview

Mission

To provide for the construction,remodeling,equipping,and furnishing of the john sealy hospital and other hospital building or buildings in the city of galveston, tx, in connection with the john sealy hospital, and to provide for healthcare of citizens of galveston therein.

Support of the john sealy hospital / university of texas medical branch at galveston (utmb).

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,030,505,698$1,350,291,256▲ $319,785,558
Investments Other Securities$526,783,493$514,210,606▼ $12,572,887
Savings and Temporary Cash Investments$59,918,155$113,202,284▲ $53,284,129
Land, Buildings, and Equipment, Net$8,514,593$8,514,593→ $0
Accounts Receivable$941,197$554,732▼ $386,465
Prepaid Expenses and Deferred Charges$62,966$69,465▲ $6,499
Cash and Non-Interest-Bearing Accounts$50,250$50,250→ $0
Total Assets$1,674,903,989$2,037,694,463▲ $362,790,474
Other Assets Total$48,127,637$50,801,277▲ $2,673,640
Liabilities
Grants Payable$118,873,545$95,883,419▼ $22,990,126
Other Liabilities$1,603,147$2,423,374▲ $820,227
Accounts Payable and Accrued Expenses$732,306$623,682▼ $108,624
Deferred Revenue$58,000$40,000▼ $18,000
Total Liabilities$121,266,998$98,970,475▼ $22,296,523
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,553,636,991$1,938,723,988▲ $385,086,997
Total Net Assets Fund Balance$1,553,636,991$1,938,723,988▲ $385,086,997
Total Liabilities and Net Assets / Fund Balance$1,674,903,989$2,037,694,463▲ $362,790,474

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$10,000$632,987$642,987
Land$8,504,593--
Other Securities$160,154,754--
Compensation and Service Providers
Top Officer Pay9th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Douglas G RogersExec Dir/ Sec/treasFT$323,429$126,059$449,488
James S JobeAsst Sec/treasurerFT$169,834$32,458$202,292
Gladys StansberryAsst TreasurerFT$117,796$21,388$139,184
E J PedersonDirectorPT$72,000-$72,000
James B GalbraithDirectorPT$72,000-$72,000
John W KelsoPresident/directorPT$72,000-$72,000
Keith BassettDirectorPT$72,000-$72,000
Michael C DohertyVice President/ DirectorPT$72,000-$72,000
William R SealyDirectorPT$72,000-$72,000

Highest Paid Contractors

ContractorServicesLocationCompensation
Cambridge Associates LLCInvestment Managers125 HIGH STREET, Boston, MA 02110$1,796,490
Focused Investors LLCInvestment Managers1999 AVENUE OF THE STARS STE 3320, Los Angeles, CA 90067$790,638
Silchester International InvestorsInvestment Managers780 THIRD AVENUE 42ND FLOOR, New York, NY 10017$608,979
Generation Investment Management US LLPInvestment Managers555 MISSION STREET SUITE 3400, San Francisco, CA 94105$406,452
Edgbaston Asian Equity TrustInvestment ManagersPO BOX 4766, Chicago, IL 60680-4766$228,041
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$78,712,702
Other Revenue
$52,134,786
Change in Net Assets
$100,783,886

Audited Revenue Reconciliation

Revenue per Audited Statements
$126,066,397
Revenue Not Reported on Financial Statements
$4,781,091
Revenue Not Reported on Form 990
$284,303,111
Total Revenue per Audited Statements
$410,369,508
Total Revenue per Form 990
$130,847,488
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$22,568,304
Other Expenses$6,069,201
Salaries, Compensation, and Employee Benefits$1,426,097
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$22,568,304--$22,568,304
Fees for Service Investment Mgmnt Fees-$4,781,091-$4,781,091
Current Officers, Directors, Trustees, and Key Employees-$1,121,059-$1,121,059
Fees for Services Other-$127,848-$127,848
Other Salaries and Wages-$127,000-$127,000
Occupancy-$91,081-$91,081
Fees for Services Accounting-$71,650-$71,650
Pension Plan Contributions-$69,250-$69,250
Insurance-$65,650-$65,650
Other Employee Benefits-$63,894-$63,894
Fees for Services Lobbying-$60,000-$60,000
Office Expenses-$48,916-$48,916
Payroll Taxes-$44,894-$44,894
Fees for Services Legal-$39,428-$39,428
Other Expenses-$14,938-$14,938
All Other Expenses-$2,395-$2,395
Total Functional Expenses$22,568,304$7,495,298$0$30,063,602

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$30,063,602
Expenses per Audited Statements$25,282,511
Total Expenses per Audited Statements$25,282,511
Expenses Not Reported on Financial Statements$4,781,091
Expenses Not Reported on Form 990$0
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
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Magnolia Holding Co.$2,423,374
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“A copy of the foundation's form 990 is furnished to the board of directors for review prior to being filed.”

Form 990, Part VI, Section B, Line 12C

“The conflict of interest policy is reviewed annually during the january board of directors meeting and a written acknowledgement is completed by each director.”

Form 990, Part VI, Section B, Line 15

“Annually the organization's independent compensation committee reviews the compensation of the executive director. The committee uses comparable data from various nonprofit publications, including the council on foundations salary and benefit report, which provides compensation data. It also uses other nonprofits' forms 990. The executive director does not participate in the conversations and discussions about his own compensation. Detailed minutes of the compensation committee's meetings are maintained by the organization. Annually the organization's independent compensation committee reviews the compensation of the officers. The committee uses comparable data from various nonprofit publications, including the council on foundations salary and benefit report, which provides compensation data. It also uses other nonprofits' forms 990. Officers do not participate in the conversations and discussions about their own compensation. Detailed minutes of the compensation committee's meetings are maintained by the organization.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, and audit report available to its supported organization, the university of texas medical branch (utmb). Upon reasonable written request, the organization makes its governing documents, conflict of interest policy, and financial statements available to the general public.”

Filing and Contact Details

Filer

Filer Name
The Sealy & Smith Foundation
EIN
74-1109652
Phone
4097628666
Address
2200 MARKET STREET SUITE 500, GALVESTON, TX 77550

Signing Officer

Name
Douglas G Rogers
Title
Executive Director
Phone
4097628666
Signed
2024-12-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Douglas G Rogers
Formed
1922
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
6
Employees
6
Volunteers
0

Preparer

Firm
Ham Langston & Brezina Llp
Address
2200 MARKET ST STE 400, GALVESTON, TX 77550
Preparer
John R Mc Kenna Jr
Phone
4097659311
Raw XML AppendixShowing 400 of 669 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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IRS990/MissionDesc0TO PROVIDE FOR THE CONSTRUCTION, REMODELING, EQUIPPING, AND FURNISHING OF THE JOHN SEALY HOSPITAL AND OTHER HOSPITAL BUILDING OR BUILDINGS IN THE CITY OF GALVESTON, TX, IN CONNECTION WITH THE JOHN SEALY HOSPITAL, AND TO PROVIDE FOR HEALTHCARE OF CITIZENS OF GALVESTON THEREIN.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0UTMB, THE SUPPORTED ORGANIZATION, IS NOT REQUIRED TO OBTAIN RECOGNITION OF ITS PUBLIC CHARITY STATUS SINCE IT IS A GOVERNMENTAL UNIT DESCRIBED IN IRC 170(B)(1)(A)(V). HOWEVER, THE ORGANIZATION HAS A COPY OF A LETTER, DATED OCTOBER 9, 1997, FROM THE IRS ACTING DISTRICT DIRECTOR STATING THAT THE UNIVERSITY OF TEXAS SYSTEM AND ALL OF ITS COMPONENT INSTITUTIONS, INCLUDING THE UNIVERSITY OF TEXAS MEDICAL BRANCH AT GALVESTON ("UTMB"), ARE DESCRIBED IN SECTIONS 170(B)(1)(A)(V) AND 170(C)(1) OF THE INTERNAL REVENUE CODE.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1LEADERS FROM THE ORGANIZATION AND UTMB MEET ON A REGULAR BASIS TO DISCUSS UTMB'S ONGOING PROJECTS AND NEEDS. UTMB'S PRESIDENT REGULARLY ATTENDS THE ORGANIZATION'S BOARD OF DIRECTORS' MEETINGS, AS WELL AS MEETS FREQUENTLY WITH THE ORGANIZATION'S BOARD OF DIRECTORS' PRESIDENT. THE ORGANIZATION'S EXECUTIVE DIRECTOR MEETS OR SPEAKS WITH UTMB'S EXECUTIVE LEADERSHIP AT LEAST MONTHLY IF NOT MORE OFTEN. IN FACT, THE ORGANIZATION'S ASSISTANT SECRETARY AND SECOND IN COMMAND SPENDS A SIGNIFICANT AMOUNT OF TIME EACH MONTH WORKING DIRECTLY ON UTMB MATTERS. FURTHER, MEMBERS OF THE ORGANIZATION'S STAFF FREQUENTLY MEET OR SPEAK WITH OTHER UTMB LEADERS AND/OR STAFF EACH WEEK ON A VARIETY OF MATTERS THAT ARE IMPORTANT TO UTMB, INCLUDING, BUT NOT LIMITED TO PATIENT ACCESS TO DOCTORS, IMPLEMENTING NEW PROGRAMS, THE PROPERTIES THAT THE ORGANIZATION MANAGES FOR UTMB AND THE GRANTS THAT THE ORGANIZATION MAKES TO UTMB. THE ORGANIZATION AND UTMB HAVE MAINTAINED A CLOSE AND CONTINUOUS WORKING RELATIONSHIP FOR OVER 100 YEARS, WHICH ALLOWS THE ORGANIZATION TO BE RESPONSIVE TO UTMB'S NEEDS AND REQUESTS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2THE ORGANIZATION'S INVESTMENT DECISIONS ARE INFLUENCED BY THE GRANT REQUESTS IT RECEIVES FROM UTMB. UTMB, A GOVERNMENTAL ENTITY, IS THE ONLY CHARITABLE ORGANIZATION OR SUPPORTED ORGANIZATION TO WHICH THE ORGANIZATION MAKES GRANTS. MANY OF THE GRANTS THE ORGANIZATION MAKES TO UTMB ARE FOR LARGE CAPITAL EXPENDITURES. LEADERS OF UTMB MEET WITH THE ORGANIZATION THROUGHOUT THE YEAR TO DISCUSS THE NEED FOR GRANTS AND THEIR TIMING WHICH ALLOWS THE ORGANIZATION TO MANAGE ITS INVESTMENTS BASED ON UTMB'S GRANT NEEDS. ALTHOUGH UTMB DID NOT DRAFT THE ORGANIZATION'S INVESTMENT POLICY, IT DOES HAVE A SIGNIFICANT VOICE IN THE TIMING OF GRANTS, DICTATING THE GRANTS' PAYMENT SCHEDULES, AND SELECTING WHICH UTMB DEPARTMENTS WILL RECEIVE GRANTS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt3THE ORGANIZATION IS A SUPPORTING ORGANIZATION TO UTMB, A GOVERNMENTAL ENTITY. THE ORGANIZATION WAS FORMED IN 1922 AND SINCE THAT TIME HAS MAINTAINED A CLOSE, CONTINUING AND HISTORIC RELATIONSHIP WITH UTMB. THE ORGANIZATION HAS CONTRIBUTED MORE THAN $1 BILLION TO SUPPORT MEDICAL EDUCATION AND THE DELIVERY OF HEALTHCARE AT UTMB, INCLUDING FUNDING FOR THE CONSTRUCTION OF UTMB'S HOSPITALS, ITS BIO-SAFETY LAB, STATE-OF-THE-ART MEDICAL EQUIPMENT, INCREASED CLINICAL STAFFING FOR PATIENTS, A HEART AND VASCULAR CENTER AND FUNDING FOR MEDICAL RESEARCH, INCLUDING COVID-19. THE ORGANIZATION IS ALSO THE LARGEST, SINGLE ENTITY CONTRIBUTOR TO A UNIVERSITY OF TEXAS SYSTEM INSTITUTION. THE ORGANIZATION, TOGETHER WITH UTMB, HAS PROVIDED THE VISION AND STRATEGIC DIRECTION THAT ALLOWS UTMB TO SERVE GALVESTON, THE STATE OF TEXAS AND THE NATION AS A PREMIER HEALTH INSTITUTION. THE ORGANIZATION AND UTMB'S LEADERS MEET ON A REGULAR BASIS TO DISCUSS UTMB'S ONGOING PROJECTS AND NEEDS, AS WELL AS PROVIDING COUNSEL DURING CONSTRUCTION OF MANY OF THE PROJECTS BUILT FOR UTMB. AS PREVIOUSLY STATED,THE ORGANIZATION'S BOARD MEETS AND CONSIDERS UTMB'S NEEDS WHEN MAKING INVESTMENT DECISIONS. THE ORGANIZATION ENGAGES IN MANY CHARITABLE ACTIVITIES ON BEHALF OF UTMB. FOR EXAMPLE, THE ORGANIZATION OWNS PROPERTY AND BUILDINGS THAT UTMB USES FOR ITS CHARITABLE AND EDUCATIONAL MISSION. THE ORGANIZATION OWNS, MAINTAINS AND MANAGES SEVERAL OF THESE PROPERTIES AND WORKS WITH UTMB TO ENSURE THAT THE UPKEEP OF THESE PROPERTIES MEETS UTMB'S EXPECTATIONS. FOR INSTANCE, THE ORGANIZATION PROVIDES THREE PATIENT CARE FACILITIES AT NO COST, INCLUDING INSURANCE COVERAGE AND MAINTENANCE FOR THE EXTERIOR ENVELOPE (WINDOWS, ROOFS, ETC.)/GROUNDS OF THE PROPERTIES AND MAJOR COMPONENTS SUCH AS EXTERIOR CLIMATE CONTROL EQUIPMENT. THESE PROPERTIES INCLUDE THE PRIMARY CARE PAVILION, R. WAVERLEY SMITH PAVILION, UTMB OPHTHALMOLOGY/OTOLARYNGOLOGY CENTER OF EXCELLENCE. ADDITIONAL PROPERTIES OWNED BY THE ORGANIZATION AND USED BY UTMB INCLUDE THE EWING HALL RESEARCH BUILDING AND THE DIABETES FOOD PANTRY FACILITY. THE ORGANIZATION ALSO PROVIDES, AT NO COST TO UTMB, FACILITIES ON CAMPUS FOR PARKING, INCLUDING A PARKING GARAGE AND PARKING LOT. THE UTMB ACCOUNTING OFFICES, LOCATED IN A BUILDING OWNED BY THE ORGANIZATION, ARE ALSO MAINTAINED BY THE ORGANIZATION AT NO EXPENSE TO UTMB. DURING 2023, THE LEADERSHIP OF THE ORGANIZATION AND UTMB MET NUMEROUS TIMES TO DISCUSS PROGRAMS AND FACILITIES. THE ORGANIZATION'S LEADERS AND UTMB'S LEADERSHIP COLLABORATED ON THE ESTABLISHMENT OF A $9 MILLION DIAGNOSTIC CENTER TO IDENTIFY PATIENT ILLNESSES AND TREATMENTS. TO EDUCATE AND TREAT INDIVIDUALS USING FENTANYL, THE ORGANIZATION PARTNERED WITH UTMB TO IMPLEMENT THE G-SAFE PROGRAM, WHICH REDUCED THE NUMBER OF OVERDOSE PATIENTS IN THE EMERGENCY ROOM, FREEING IT UP FOR OTHER CRITICAL PATIENTS. THE ORGANIZATION ALSO WORKED WITH UTMB TO EXPAND THE HOSPITAL'S MOTHER/BABY SERVICES AT UTMB THROUGH AN $11 MILLION GRANT TO BUILD OUT A FLOOR OF THE JOHN SEALY HOSPITAL. THE ORGANIZATION BEGAN BUILD OUT OF A FACILITY TO HOUSE HIGH-RISK MOTHERS-TO-BE, AS THEY PREPARE FOR DELIVERY, WHICH WILL OPEN IN 2024. DURING 2023, THE ORGANIZATION PROVIDED UTMB WITH OVER $22.5 MILLION IN FUNDING FOR HEALTHCARE, MEDICAL EDUCATION AND RESEARCH.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION E, LINE 1C-HOW SUPPORTED GOVERNMENT ENTITY
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION D, LINE 2 - EXPLANATION OF WORKING RELATIONSHIP
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2PART IV, SECTION D, LINE 3
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc3PART IV, SECTION E, LINE 1C-HOW SUPPORTED GOVERNMENT ENTITY
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Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,037,694,463
Liabilities
$98,970,475
Net assets
$1,938,723,988
Revenue
$130,847,488
Expenses
$30,063,602
Net income
$100,783,886
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Summary only. Only limited summary data is available for this year.$2,306$107$2,199$136$57.7$78.0
2023Detailed filing. Detailed filing data is available for this year.$2,038$99.0$1,939$131$30.1$101
2023Summary only. Only limited summary data is available for this year.$2,038$99.0$1,939$131$30.1$101
2022Summary only. Only limited summary data is available for this year.$1,675$121$1,554$159$31.8$127
2021Summary only. Only limited summary data is available for this year.$1,824$145$1,679$194$59.9$134
2020Summary only. Only limited summary data is available for this year.$1,512$117$1,396$86.6$23.0$63.5
2019Summary only. Only limited summary data is available for this year.$1,378$118$1,259$134$35.9$98.5
2018Summary only. Only limited summary data is available for this year.$1,173$122$1,050$97.5$12.8$84.7
2017Summary only. Only limited summary data is available for this year.$1,292$159$1,133$90.6$25.2$65.3
2016Summary only. Only limited summary data is available for this year.$1,122$175$947$43.9$17.7$26.2
2015Summary only. Only limited summary data is available for this year.$1,063$184$879$61.0$84.9$23.9
2014Summary only. Only limited summary data is available for this year.$1,107$131$976$100.0$13.3$86.7
2013Summary only. Only limited summary data is available for this year.$1,065$140$926$65.9$13.1$52.7
2012Summary only. Only limited summary data is available for this year.$904$148$756$50.7$13.6$37.1
2011Summary only. Only limited summary data is available for this year.$824$156$668$56.9$129$71.7