Civic Intelligence

Permian Basin Medical Center

EIN 92-3727451 • 501(c)3 • Midland, TX

Profile

To enhance the quality and accessibility of healthcare services in the permian basin region of west texas and southeastern new mexico.

Refreshing map…

125 W Missouri Floor 4Midland, TX 79701

n/A

Siviq Scores

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

Liabilities / Assets

89th percentile

0.85x

Higher debt load relative to assets than 89% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

94th percentile

4.53x

Higher debt load relative to revenue than 94% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

70th percentile

16%

Higher net margin than 70% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

15th percentile

$0

Higher top officer pay than 15% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

99th percentile

366%

Faster asset growth than 99% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

69th percentile

19%

Faster revenue growth than 69% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets89th percentile

Assets

Up

$13,286,346

Up $10,437,548 (+366%) from 2023

Liabilities

Up

$11,231,522

Up $9,884,062 (+734%) from 2023

Net Assets

Up

$2,054,824

Up $553,486 (+37%) from 2023

Operations
Liabilities / Revenue94th percentileNet Margin70th percentile

Revenue

Up

$2,478,102

Up $398,796 (+19%) from 2023

Expenses

Up

$2,086,006

Up $1,116,038 (+115%) from 2023

Net Income

Down

$392,096

Down $717,242 (-65%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth99th percentile

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

$15M$10M$5.0M$0Assets 2022: $392,000Liabilities 2022: $0Net Assets 2022: $392,0002022Assets 2023: $2,848,798Liabilities 2023: $1,347,460Net Assets 2023: $1,501,3382023Assets 2024: $13,286,346Liabilities 2024: $11,231,522Net Assets 2024: $2,054,8242024

Highlighted filing

2024

Assets$13,286,346
Liabilities$11,231,522
Net Assets$2,054,824
Open 2024 Filing

Operations Trend

Revenue Growth69th percentile

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

$3.0M$2.0M$1.0M$0Revenue 2022: $2,250,000Expenses 2022: $1,858,000Net Income 2022: $392,0002022Revenue 2023: $2,079,306Expenses 2023: $969,968Net Income 2023: $1,109,3382023Revenue 2024: $2,478,102Expenses 2024: $2,086,006Net Income 2024: $392,0962024

Highlighted filing

2024

Revenue$2,478,102
Expenses$2,086,006
Net Income$392,096
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$13,286,346
Liabilities
$11,231,522
Net assets
$2,054,824
Revenue
$2,478,102
Expenses
$2,086,006
Net income
$392,096
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.3$11.2$2.05$2.48$2.09$0.39
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.85$1.35$1.50$2.08$0.97$1.11
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.39$0.00$0.39$2.25$1.86$0.39
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$2,478,102
Mission and Program Overview

Mission

To enhance the quality and accessibility of healthcare services in the permian basin region of west texas and southeastern new mexico.

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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,618,652$12,873,398▲ $11,254,746
Land, Buildings, and Equipment, Net$1,230,146$392,000▼ $838,146
Total Assets$2,848,798$13,286,346▲ $10,437,548
Other Assets Total$0$20,948▲ $20,948
Liabilities
Deferred Revenue$1,212,500$11,100,000▲ $9,887,500
Accounts Payable and Accrued Expenses$134,960$110,250▼ $24,710
Other Liabilities$0$21,272▲ $21,272
Total Liabilities$1,347,460$11,231,522▲ $9,884,062
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,501,338$1,237,348▼ $263,990
Net Assets Without Donor Restrictions-$817,476-
Total Net Assets Fund Balance$1,501,338$2,054,824▲ $553,486
Total Liabilities and Net Assets / Fund Balance$2,848,798$13,286,346▲ $10,437,548

Asset Categories

AssetBook ValueDepreciationBasis
Land$392,000-$392,000
Compensation and Service Providers
Top Officer Pay15th percentile

Board Members and Trustees

NameTitle
Don EvansChairman
Travis SticePresident
Tim LeachVice President
Bryn DoddDirector
Collin SewellDirector
Grant BillingsleyDirector
Jack HarperDirector
Kirk EdwardsDirector
Mark BergDirector
Steven SteenDirector
Tracee BentleyDirector
Marc DinglerSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$2,478,102
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$2,478,102
Change in Net Assets
$392,096

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,478,102
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,478,102
Total Revenue per Form 990
$2,478,102
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,086,006
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$404,921$275,296-$275,296
Fees for Services Legal-$39,812-$39,812
Advertising-$28,924-$28,924
All Other Expenses-$26,022-$26,022
Fees for Services Accounting-$23,219-$23,219
Insurance-$20,033-$20,033
Occupancy-$14,171-$14,171
Fees for Services Other-$6,568-$6,568
Total Functional Expenses$952,171$1,133,835$0$2,086,006

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,086,006
Total Expenses per Audited Statements$2,086,006
Total Expenses per Form 990$2,086,006
Expenses Not Reported on Financial Statements$0
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
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liabilities$21,272
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

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.”

Filing and Contact Details

Filer

Filer Name
Permian Basin Medical Center
EIN
92-3727451
Phone
4322211584
Address
125 W MISSOURI FLOOR 4, MIDLAND, TX 79701

Signing Officer

Name
Russell Meyers
Title
Chief Executive Officer
Phone
4322211584
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Russell Meyers
Formed
2022
Legal Domicile
TX
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
10

Preparer

Firm
Weaver and Tidwell Llp
Address
2300 N FIELD ST STE 1000, DALLAS, TX 75201
Preparer
Sara Burkhart
Phone
9724901970
Supplemental Narrative

Financial Statement Notes

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.”

Raw XML AppendixShowing 400 of 408 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0134960
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0110250
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PBMC 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.
IRS990/AddressChangeInd0X
IRS990/AdvertisingGrp/ManagementAndGeneralAmt028924
IRS990/AdvertisingGrp/TotalAmt028924
IRS990/AllOtherContributionsAmt02478102
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt026022
IRS990/AllOtherExpensesGrp/TotalAmt026022
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/PersonNm0REBBECCA L RICHEY
IRS990/BooksInCareOfDetail/PhoneNum04322211645
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0125 W MISSOURI FLOOR 4
IRS990/BooksInCareOfDetail/USAddress/CityNm0MIDLAND
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd079701
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt01618652
IRS990/CashNonInterestBearingGrp/EOYAmt012873398
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02478102
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt02086006
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0392096
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt02086006
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02478102
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt01212500
IRS990/DeferredRevenueGrp/EOYAmt011100000
IRS990/DelegationOfMgmtDutiesInd01
IRS990/Desc0PBMC 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.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt01501338
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt01237348
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0952171
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt023219
IRS990/FeesForServicesAccountingGrp/TotalAmt023219
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt039812
IRS990/FeesForServicesLegalGrp/TotalAmt039812
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt06568
IRS990/FeesForServicesOtherGrp/TotalAmt06568
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/PersonNm0STEVEN STEEN
IRS990/Form990PartVIISectionAGrp/PersonNm1TRACEE BENTLEY
IRS990/Form990PartVIISectionAGrp/PersonNm2GRANT BILLINGSLEY
IRS990/Form990PartVIISectionAGrp/PersonNm3KIRK EDWARDS
IRS990/Form990PartVIISectionAGrp/PersonNm4MARK BERG
IRS990/Form990PartVIISectionAGrp/PersonNm5BRYN DODD
IRS990/Form990PartVIISectionAGrp/PersonNm6JACK HARPER
IRS990/Form990PartVIISectionAGrp/PersonNm7COLLIN SEWELL
IRS990/Form990PartVIISectionAGrp/PersonNm8DON EVANS
IRS990/Form990PartVIISectionAGrp/PersonNm9TRAVIS STICE
IRS990/Form990PartVIISectionAGrp/PersonNm10TIM LEACH
IRS990/Form990PartVIISectionAGrp/PersonNm11MARC DINGLER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt9PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt10VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt11SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02022
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02478102
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt020033
IRS990/InsuranceGrp/TotalAmt020033
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01230146
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0392000
IRS990/LandBldgEquipCostOrOtherBssAmt0392000
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO ENHANCE THE QUALITY AND ACCESSIBILITY OF HEALTHCARE SERVICES IN THE PERMIAN BASIN REGION OF WEST TEXAS AND SOUTHEASTERN NEW MEXICO.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01501338
IRS990/NetAssetsOrFundBalancesEOYAmt02054824
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0817476
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt014171
IRS990/OccupancyGrp/TotalAmt014171
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt020948
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0REIMBURSED SALARIES
IRS990/OtherExpensesGrp/Desc1INFRASTRUCTURE
IRS990/OtherExpensesGrp/Desc2DEVELOPMENT
IRS990/OtherExpensesGrp/Desc3REGIONAL HEALTHCARE PLA
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0699790
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1275296
IRS990/OtherExpensesGrp/ProgramServicesAmt0547250
IRS990/OtherExpensesGrp/ProgramServicesAmt1404921
IRS990/OtherExpensesGrp/TotalAmt0699790
IRS990/OtherExpensesGrp/TotalAmt1547250
IRS990/OtherExpensesGrp/TotalAmt2404921
IRS990/OtherExpensesGrp/TotalAmt3275296
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt021272
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0RUSSELL MEYERS
IRS990/PriorPeriodAdjustmentsAmt0161390
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02079306
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0969968
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt01109338
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0969968
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02079306
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0392096
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt02478102
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt02079306
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt02250000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt06807408
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE ORGANIZATIONAL DOCUMENTS WERE SIGNED ON SEPTEMBER 27, 2022, THEREFORE, THE 2022 TAX YEAR IS REPORTING A SHORT-YEAR RETURN.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, SHORT YEAR EXPLANATION
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt02478102
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt02079306
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt02250000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt06807408
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt02478102
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt02079306
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt02250000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt06807408
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02478102
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02079306
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02250000
IRS990ScheduleA/Total509Grp/TotalAmt06807408
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02478102
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02079306
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02250000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06807408
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02086006
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0392000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0392000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt021272
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LEASE LIABILITIES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02478102
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE 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.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0392000
IRS990ScheduleD/TotalExpensesPerForm990Amt02086006
IRS990ScheduleD/TotalLiabilityAmt021272
IRS990ScheduleD/TotalRevenuePerForm990Amt02478102
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02478102
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02086006
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TRAVIS STICE AND MARC DINGLER HAVE A BUSINESS RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PERMIAN BASIN MEDICAL CENTER CONTRACTS WITH MIDLAND MEMORIAL FOUNDATION DEVELOPMENT FOR MANAGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THERE WERE NO SEPARATE COMMITTEES WITH MEETINGS OR WRITTEN ACTIONS UNDERTAKEN TO DOCUMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DEVELOPED BY CONSULTING ACCOUNTING GROUP WITH ASSISTANCE OF CEO; REVIEWED BY BOARD MEMBERS PRIOR TO SUBMITTAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02848798
IRS990/TotalAssetsEOYAmt013286346
IRS990/TotalAssetsGrp/BOYAmt02848798
IRS990/TotalAssetsGrp/EOYAmt013286346
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02478102
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01133835
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0952171
IRS990/TotalFunctionalExpensesGrp/TotalAmt02086006
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01347460
IRS990/TotalLiabilitiesEOYAmt011231522
IRS990/TotalLiabilitiesGrp/BOYAmt01347460
IRS990/TotalLiabilitiesGrp/EOYAmt011231522
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01501338
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02054824
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0952171
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02478102
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02848798
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt013286346
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0125 W MISSOURI FLOOR 4
IRS990/USAddress/CityNm0MIDLAND
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd079701
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0RUSSELL MEYERS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHIEF EXECUTIVE OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum04322211584
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PERMIAN BASIN MEDICAL CENTER
ReturnHeader/Filer/BusinessNameControlTxt0PERM
ReturnHeader/Filer/EIN0923727451
ReturnHeader/Filer/PhoneNum04322211584
ReturnHeader/Filer/USAddress/AddressLine1Txt0125 W MISSOURI FLOOR 4
ReturnHeader/Filer/USAddress/CityNm0MIDLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd079701
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0750786316
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WEAVER AND TIDWELL LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02300 N FIELD ST STE 1000
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DALLAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX

Document Assets

No mirrored PDF or thumbnail assets are attached yet.