Texas Medical Center Central Heating and Cooling Services Corporation (EIN 943425643) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Phone

7137916700

Tax Period

2023-09-01 to 2024-08-31

Texas Medical Center Central Heating and Cooling Services Corporation, founded in 2002, is a mid-sized nonprofit in the Health Care sector that reported $91.7M in total revenue in fiscal year 2023. Expenses of $78.1M left a modest 15% surplus.

Mission

OPERATES A CENTRAL HEATING AND COOLING SERVICE FACILITY PRIMARILY TO ELIGIBLE INSTITUTIONS AND SOLELY TO BENEFIT ELIGIBLE INSTITUTIONS, WHICH MAY INCLUDE SERVICE TO FACILITIES OWNED OR OPERATED BY OTHERS AND USED IN FURTHERANCE OF THE GOVERNMENTAL, CHARITABLE, OR EDUCATIONAL PURPOSES OF ELIGIBLE INSTITUTIONS IN THE TEXAS MEDICAL CENTER.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $88,675,006

Investment Income $3,041,542

Other Revenue $32,288

TOTAL REVENUE $91,748,836

Expense Breakdown

Grants Paid $0

Salaries & Benefits $14,554,538

Fundraising Expenses $0

Program Expenses $69,531,792

Other Expenses $63,521,198

TOTAL EXPENSES $78,075,736

Year-over-Year Comparison

	2023	2022	Change
Revenue	$91,748,836	$86,097,139	+0.1%
Expenses	$78,075,736	$67,474,830	+0.2%
Net Income	$13,673,100	$18,622,309	-0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

102

Volunteers

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

$1,625,393

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Brad Howell	chairman of the board	0.1	Officer Director	$0	$0	$0
Denice Castillo-Rhodes	secretary	0.1	Officer Director	$0	$0	$0
Donald Dewalch	vice chairman of the board	0.1	Officer Director	$0	$0	$0
Alec King	director	0.1	Director	$0	$0	$0
Fatima Sheriff	director	0.1	Director	$0	$0	$0
Howard Tellepsen	director	0.1	Director	$0	$0	$0
Jeffery Burton	director	0.1	Director	$0	$0	$0
Kevin Dillon	director	0.1	Director	$0	$0	$0
Rob Ramirez	director	0.1	Director	$0	$0	$0
Terry Hull	director	0.1	Director	$0	$0	$0
Clarissa Brewster	V.P. Human resources	40.0	Officer	$187,380	$53,399	$240,779
Jason Berrio	V.P. operations, assistant sec	40.0	Officer	$272,368	$85,877	$358,245
Kimberla Lawson	V.P. Finance, treasurer	40.0	Officer	$140,173	$7,096	$147,269
Michael Manoucheri	President & CEO	40.0	Officer	$478,798	$77,359	$556,157
Mycah Jewell	V.P. engineering & maintenance	40.0	Officer	$240,546	$82,397	$322,943
Jess Harper	engineering manager	40.0	Highest	$206,040	$79,984	$286,024
Joe Robles	Project Manager	40.0	Highest	$173,123	$78,582	$251,705
Jose Garcia	operations manager	40.0	Highest	$205,806	$78,580	$284,386
Kevin Giblin	sr. controller & Finance mgr.	40.0	Highest	$210,046	$55,647	$265,693
Rohnald Benfield	I&C supervisor	40.0	Highest	$173,432	$79,664	$253,096
Carolyn Luomala	V.P. Finance, Treasurer	40.0		$157,017	$47,421	$204,438

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
2024	$91,748,836	$78,075,736	$549,747,862	$13,673,100
2023	$86,097,139	$67,474,830	$550,118,077	$18,622,309
2022	$86,740,316	$75,200,228	$542,966,967	$11,540,088
2021	$124,104,670	$66,362,196	$552,214,418	$57,742,474
2020	$75,442,053	$72,294,132	$515,744,330	$3,147,921
2019	$85,826,113	$68,385,407	$527,592,386	$17,440,706
2018	$63,274,316	$71,353,047	$536,817,984	$-8,078,731

Texas Medical Center Central Heating and Cooling Services Corporation