M D ANDERSON SERVICES CORPORATION

EIN: 760300816 501(c)(3) Health Care

HOUSTON, TX

Total Revenue
$43,978,142
Total Expenses
$3,582,382
Total Assets
$948,573,465
Net Assets
$811,611,391
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
TX
Principal Officer
CHRIS MCKEE
Phone
7137459600
Tax Period
2023-09-01 to 2024-08-31

M D ANDERSON SERVICES CORPORATION, founded in 1989, is a mid-sized nonprofit in the Health Care sector that reported $44.0M in total revenue in fiscal year 2023. The organization ran a surplus of $40.4M, a strong 92% operating margin.

Mission

M. D. ANDERSON SERVICES CORPORATION ("MDASC OR THE ORGANIZATION") SERVES AS AN INSTRUMENT OF THE UNIVERSITY OF TEXAS M. D. ANDERSON CANCER CENTER ("MDACC") IN ITS EFFORTS TO ACHIEVE ITS MISSION. MDACC'S MISSION IS TO ELIMINATE CANCER IN TEXAS, THE U.S., AND THE WORLD THROUGH OUTSTANDING PROGRAMS THAT INTEGRATE PATIENT CARE, RESEARCH, AND PREVENTION, AND THROUGH EDUCATION FOR UNDERGRADUATE AND GRADUATE STUDENTS, TRAINEES, PROFESSIONALS, EMPLOYEES, AND THE PUBLIC.

Program Service Accomplishments

Program 1
Expenses: $1,341,395 Revenue: $42,102,862

SERVICES: MDASC IS A TEXAS NONPROFIT CORPORATION THAT WAS ORGANIZED IN 1989 AS A SUPPORTING ORGANIZATION TO MDACC. MDACC IS ONE OF THE WORLD'S MOST RESPECTED INSTITUTIONS DEVOTED EXCLUSIVELY TO...

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SERVICES: MDASC IS A TEXAS NONPROFIT CORPORATION THAT WAS ORGANIZED IN 1989 AS A SUPPORTING ORGANIZATION TO MDACC. MDACC IS ONE OF THE WORLD'S MOST RESPECTED INSTITUTIONS DEVOTED EXCLUSIVELY TO CANCER PATIENT CARE, RESEARCH, EDUCATION AND PREVENTION. MDASC SUPPORTS MDACC'S MISSION BY ACTING AS AN INSTRUMENT THROUGH WHICH MDACC DELIVERS PROGRAMS TO ACHIEVE MDACC'S MISSION. MDASC'S LONGEST ESTABLISHED EXTRAMURAL RELATIONSHIPS ARE SERVICES AGREEMENTS, PURSUANT TO WHICH MDASC PROVIDES A BROAD RANGE OF CLINICAL SUPPORT SERVICES (INCLUDING MDACC'S CLINICAL GUIDELINES, MULTI-DISCIPLINARY TREATMENT PLANNING METHODOLOGIES, ONCOLOGY QUALITY MANAGEMENT AND BEST PRACTICES PROGRAMS, PHYSICIAN EDUCATION, AND ONCOLOGY CONSULTATIONS) TO ADVANCE THE TREATMENT OF CANCER IN COMMUNITY HOSPITAL OR INTERNATIONAL SETTINGS. PURSUANT TO THE SERVICES AGREEMENT FOR M. D. ANDERSON INTERNATIONAL ESPANA IN MADRID, SPAIN, MDASC SUPPORTS SPAIN'S FIRST MULTI-DISCIPLINARY FULL-SERVICE CANCER CENTER. THE SPAIN CANCER CENTER HAS PROVIDED A LEVEL OF SPECIALIZED ONCOLOGY CARE THAT WAS PREVIOUSLY UNAVAILABLE IN SPAIN. MDASC ROUTINELY ASSISTS MDACC IN ITS DEVELOPMENT OF VARIOUS PROGRAMS TO IMPLEMENT MDACC'S METHODOLOGIES FOR THE DELIVERY OF HIGH-QUALITY CANCER CARE IN COMMUNITY SETTINGS. FINALLY, MDASC PROVIDES MANAGEMENT EXPERTISE TO ITS RELATED NON-PROFIT EXEMPT ORGANIZATIONS, M. D. ANDERSON PHYSICIANS NETWORK AND MDACC. MDASC ALSO HOLDS AND ADMINISTERS A PERMANENT ENDOWMENT VALUED IN EXCESS OF $500 MILLION EXCLUSIVELY FOR THE BENEFIT OF MDACC.MDASC LAUNCHED THE CARING FUND IN 2011 TO ASSIST MDACC EMPLOYEES AND THEIR FAMILIES WITH RECOVERY FROM DISASTERS SUCH AS THE 2011 TEXAS WILDFIRES.THE CARING FUND POLICY HAS BEEN EXPANDED TO PROVIDE (A) FINANCIAL ASSISTANCE FOR SPECIFIC QUALIFYING FINANCIAL HARDSHIPS AND (B) FINANCIAL ASSISTANCE TO ELIGIBLE APPLICANTS WHO ARE CARRYING OUT ESSENTIAL DUTIES AS REQUIRED BY MD ANDERSON CANCER CENTER DURING A PUBLIC HEALTH EMERGENCY, SUCH AS COVID19, FOR COSTS RELATED TO COMING TO WORK SUCH AS TRANSPORTATION, TEMPORARY HOUSING, AND CHILDCARE. OVERALL, THE FUND HAS AIDED MORE THAN 1,000 EMPLOYEES THROUGH THE DISTRIBUTION OF GRANTS TO ELIGIBLE APPLICANTS.IN FY24, THE FUND ISSUED 1,225 GRANTS TO 1,225 RECIPIENTS TOTALING $484,032.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $398,085
Program Service Revenue $1,506,696
Investment Income $42,089,198
Other Revenue $-15,837
TOTAL REVENUE $43,978,142

Expense Breakdown

Grants Paid $728,623
Salaries & Benefits $1,824,465
Fundraising Expenses $0
Program Expenses $1,341,395
Other Expenses $1,029,294
TOTAL EXPENSES $3,582,382

Year-over-Year Comparison

2023 2022 Change
Revenue $43,978,142 $43,038,426 +0.0%
Expenses $3,582,382 $2,483,682 +0.4%
Net Income $40,395,760 $40,554,744 0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
2
Employees
17
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
9
$5,305,723
Total Directors
7
$4,241,035
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JONATHAN PRUITT DIRECTOR 0.30
Director
$0 $0 $0
JODIE LEE JILES DIRECTOR (THRU 3/24) 0.20
Director
$0 $0 $0
CHRIS MCKEE CHAIR & PRESIDENT, AD INTERIM 1.00
Officer Director
$0 $41,017 $1,134,998
ALLYSON KINZEL DIRECTOR/VICE CHAIR & SECRETARY 2.00
Officer Director
$0 $46,785 $1,196,709
FATIMA SHERIFF DIRECTOR 1.00
Director
$0 $40,848 $550,560
OMER SULTAN DIRECTOR 1.00
Director
$0 $51,882 $1,358,768
JOHN ZERWAS MD DIRECTOR 0.30
Director
$0 $0 $0
EMILY KUO ASSOCIATE GEN CSL (THRU 12/23) 10.00
Officer
$499,559 $49,547 $549,106
KIMBERLY BERGEN VP & CFO (THRU 12/23) 13.00
Officer
$498,704 $93,908 $592,612
LAURA GILCHRIST VP/GEN CSL (THRU 12/23) 11.00
Officer
$549,702 $39,376 $589,078
LARRY KELLER AVP/ACCOUNTING (THRU 12/23) 11.00
Officer
$374,028 $77,637 $451,665
JIM INCALCATERRA TREASURER 1.00
Officer
$0 $46,027 $474,134
FELIPE LOZANO ASSISSTANT TREASURER 1.00
Officer
$0 $20,104 $151,727
GABRIEL GUTIERREZ ASSISSTANT TREASURER 1.00
Officer
$0 $30,034 $165,694
TRACI UNDERWOOD LEGAL ADMINISTRATIVE MANAGER 5.50
Highest
$160,696 $41,465 $202,161
VERONIQUE MCCASKILL DIRECTOR/FIN REPORTING/TREAS SERV 9.00
Highest
$282,009 $94,351 $376,360
TRINH NGUYEN SENIOR FINANCIAL MANAGEMENT ANALYST 4.00
Highest
$149,263 $52,862 $202,125
ANGELA HARRISON THOMAS MANAGER, PAYROLL SERVICES 6.00
Highest
$146,071 $67,885 $213,956
LORI STEWART STAFF ASSISSTANT 5.50
Highest
$151,895 $52,811 $204,706
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $43,978,142 $3,582,382 $948,573,465 $40,395,760
2023 $43,038,426 $2,483,682 $894,914,786 $40,554,744
2022 $42,515,247 $2,008,206 $884,756,252 $40,507,041
2021 $41,340,443 $2,839,350 $969,835,799 $38,501,093
2020 $39,849,224 $3,076,814 $802,335,430 $36,772,410
2019 $37,583,353 $2,759,866 $767,680,076 $34,823,487
2018 $37,510,299 $4,150,417 $764,772,044 $33,359,882
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