2025-09-23T16:47:11-05:00 2024-12-31 990 2024-01-01 746050660 PHYSICIANS BENEVOLENT FUND PHYS 5123701490 401 WEST 15TH STREET 100 AUSTIN TX 787011680 MICHAEL DARROUZET EVP/CEO 5123701300 2025-09-23 1 2024 2025-03-06 01:10:19Z MICHAEL DARROUZET 401 WEST 15TH STREET 100 AUSTIN TX 787011680 789510 0 X WWW.TEXMED.ORG X 1963 TX THE PURPOSE FOR WHICH IT IS FORMED IS TO RECEIVE AND HOLD IN TRUST, SAFELY KEEP AND INVEST, MONEY AND OTHER REAL AND PERSONAL PROPERTY AND ACCUMULATE REVENUE AND INCOME THEREFROM, FOR THE USE AND BENEFIT OF CHARITABLE, BENEVOLENT, AND SCIENTIFIC PURPOSES, INCLUDED BUT NOT LIMITED TO (1) THE RESEARCH IN THE FIELD OF GERIATRICS, (2) THE REHABILITATION OF DESTITUTE TEXAS PHYSICIANS AND THEIR FAMILIES, (3) THE AIDING, SUPPORTING, MAINTAINING AND ASSISTING BY GIFT, DONATION OR OTHERWISE, PROJECTS OR ENDEAVORS, WHETHER INCORPORATED OR UNINCORPORATED, WHOSE OBJECTS OR PURPOSES ARE TO GIVE PHYSICAL AID, COMFORT, SUPPORT OR ASSISTANCE TO MAIMED, CRIPPLED, AGED, SICK, INFIRM, INDIGENT OR DESTITUTE TEXAS PHYSICIANS AND THEIR FAMILIES, OR TO AID, SUPPORT, MAINTAIN, ASSIST, GIVE OR DONATE TO SUCH INDIVIDUALS DIRECTLY, ALL FOR THE BETTERMENT OF MANKIND, AND FOR PURPOSES INCIDENTAL THERETO. 18 18 0 2 0 0 212124 160191 21150 16823 326413 308221 0 0 559687 485235 83648 86444 0 0 195247 206269 0 0 6790 294985 250461 573880 543174 -14193 -57939 5245962 5435650 44674 0 5201288 5435650 X THE PURPOSE FOR WHICH IT IS FORMED IS TO RECEIVE AND HOLD IN TRUST, SAFELY KEEP AND INVEST, MONEY AND OTHER REAL AND PERSONAL PROPERTY AND ACCUMULATE REVENUE AND INCOME THEREFROM, FOR THE USE AND BENEFIT OF CHARITABLE, BENEVOLENT, AND SCIENTIFIC PURPOSES, INCLUDED BUT NOT LIMITED TO (1) THE RESEARCH IN THE FIELD OF GERIATRICS, (2) THE REHABILITATION OF DESTITUTE TEXAS PHYSICIANS AND THEIR FAMILIES, (3) THE AIDING, SUPPORTING, MAINTAINING AND ASSISTING BY GIFT, DONATION OR OTHERWISE, PROJECTS OR ENDEAVORS, WHETHER INCORPORATED OR UNINCORPORATED, WHOSE OBJECTS OR PURPOSES ARE TO GIVE PHYSICAL AID, COMFORT, SUPPORT OR ASSISTANCE TO MAIMED, CRIPPLED, AGED, SICK, INFIRM, INDIGENT OR DESTITUTE TEXAS PHYSICIANS AND THEIR FAMILIES, OR TO AID, SUPPORT, MAINTAIN, ASSIST, GIVE OR DONATE TO SUCH INDIVIDUALS DIRECTLY, ALL FOR THE BETTERMENT OF MANKIND, AND FOR PURPOSES INCIDENTAL THERETO. 0 0 191015 86444 ASSIST INDIGENT OR DESTITUTE PHYSICIANS OR THEIR FAMILIES. IN 2024, $86,444 WAS PAID TO/FOR 6 PARTICIPANTS. 151966 16823 PROVIDE HEALTH WELLNESS EDUCATION AND SERVICES TO PHYSICIANS. 342981 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 4 0 1 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 X STEPHEN DAVIS 5123701300 401 WEST 15TH ST STE 100 AUSTIN TX 78701 G RAY CALLAS MD PRES(24-25)/PRES-ELECT(23-24) 1.00 20.00 X X 0 134833 0 RICHARD W SNYDER II MD PRES(23-24)/IMMED PAST PRES(24-25) 1.00 20.00 X X 0 66667 0 GARY W FLOYD MD IMMED PAST PRES(23-24) 0.00 2.00 X X 0 0 0 JAYESH B SHAH MD PRES-ELECT(24-25)/SECRETARY(23-24) 0.00 2.00 X X 0 0 0 JOSEPH S VALENTI MD CHAIR (24-25)/VICE CHAIR (23-24) 1.00 5.00 X 0 6000 0 KEITH A BOURGEOIS MD CHAIR (23-24) 1.00 5.00 X 0 6000 0 GREGORY M FULLER MD SECRETARY/TREASURER 0.00 5.00 X X 0 0 0 BRADFORD W HOLLAND MD SPEAKER OF THE HOUSE 0.00 5.00 X X 0 0 0 JOHN G FLORES MD VICE SPEAKER OF THE HOUSE 0.00 5.00 X X 0 0 0 TONY R AVENTA MD TRUSTEE 0.00 2.00 X 0 0 0 JOHN T CARLO MD TRUSTEE 0.00 2.00 X 0 0 0 CYNTHIA A JUMPER MD TRUSTEE 0.00 2.00 X 0 0 0 KIMBERLY E MONDAY MD MPH TRUSTEE 0.00 2.00 X 0 0 0 BRADFORD S PATT MD TRUSTEE 0.00 2.00 X 0 0 0 LISA L EHRLICH MD TRUSTEE (23-24) 0.00 2.00 X 0 0 0 LEE ANN PEARSE MD TRUSTEE (24-25) 0.00 2.00 X 0 0 0 DEXTER G TURNQUEST MD TRUSTEE (24-25) 0.00 2.00 X 0 0 0 RODNEY B YOUNG MD TRUSTEE (24-25) 0.00 2.00 X 0 0 0 SAMUEL E MATHIS MD YOUNG PHYSICIAN MBR (23-24) 0.00 2.00 X 0 0 0 ANDREW J WIDMER MD YOUNG PHYSICIAN MBR (24-25) 0.00 2.00 X 0 0 0 SUBHAN TABBA MD RESIDENT/FELLOW MBR (23-24) 0.00 2.00 X 0 0 0 PRUTHALI KULKARNI DO RESIDENT/FELLOW MBR (24-25) 0.00 2.00 X 0 0 0 KATHERINE RUSSELL MEDICAL STUDENT MBR (23-24) 0.00 2.00 X 0 0 0 PARMINDER DEO MEDICAL STUDENT MBR (24-25) 0.00 2.00 X 0 0 0 MICHAEL J DARROUZET CEO 1.00 40.00 X 0 670761 47544 JOHN E DORMAN COO 1.00 40.00 X 0 471276 80912 0 1355537 128456 0 0 1 0 0 1000 159191 160191 EDUCATIONAL PROGRAMS 611710 8610 8610 EDUCATIONAL MANUALS 611710 8213 8213 16823 135082 135082 477414 304275 173139 173139 173139 485235 16823 0 308221 86444 86444 160045 160045 22126 22126 11205 11205 12893 12893 115314 115314 3174 3174 19873 19873 8601 8601 6790 6790 24827 24827 67206 41667 25539 387 387 4289 4289 543174 342981 193403 6790 320414 233110 11561 11170 30100 30833 4883887 5160537 5245962 5435650 44674 0 44674 0 X 5201288 5435650 5201288 5435650 5245962 5435650 -57939 292301 0 X X 0 1 X 1 0 X X 1 TEXAS MEDICAL ASSOCIATION 741078510 10 1 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X PART X, LINE 2: THE ORGANIZATION ACCOUNTS FOR UNCERTAIN TAX POSITIONS BASED ON A MORE-LIKELY-THAN-NOT THRESHOLD FOR THE RECOGNITION AND DE-RECOGNITION OF TAX POSITIONS, WHICH INCLUDES THE ACCOUNTING FOR INTEREST AND PENALTIES RELATING TO TAX POSITIONS. THE ORGANIZATION DOES NOT CURRENTLY HAVE ANY MATERIAL TAX POSITIONS MANAGEMENT CONSIDERS UNCERTAIN AT DECEMBER 31, 2024. 1 DIRECT CASH ASSISTANCE TO INDIGENTS. 6 86444 X X X X X 0 0 0 0 0 0 0 0 0 MICHAEL J DARROUZET CEO 0 601333 0 50661 0 18767 0 34500 0 13044 0 718305 0 0 JOHN E DORMAN COO 0 431600 0 0 0 39676 0 67868 0 13044 0 552188 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY THE ASSOCIATE VICE PRESIDENT OF THE ASSOCIATION ACCOUNTING DEPARTMENT. PRIOR TO FILING, THE RETURN IS THOROUGHLY REVIEWED BY THE VICE PRESIDENT OF FINANCE, THE CHIEF OPERATING OFFICER, AND THE EXECUTIVE VICE PRESIDENT. THE RETURN IS MADE AVAILABLE TO ALL OFFICERS AND TRUSTEES UPON COMPLETION. FORM 990, PART VI, SECTION B, LINE 12C DISCLOSURE OF AFFILIATIONS QUESTIONNAIRE IS SUBMITTED BY ALL OFFICERS AND TRUSTEES ANNUALLY. THE CONFLICT OF INTEREST POLICY IS REVIEWED AT THE BEGINNING OF ALL BOARD MEETINGS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE BOARD OF TRUSTEES APPROVES SELECTION OF INDEPENDENT AUDITOR. THE ANNUAL AUDIT REPORT IS FORMALLY PRESENTED TO THE BOARD BY THE AUDIT FIRM PARTNER RESPONSIBLE FOR THE ENGAGEMENT. AT THIS TIME, THE BOARD ALSO MEETS WITH THE AUDITOR IN EXECUTIVE SESSION TO DISCUSS ANY QUESTIONS AND CONCERNS IN ABSENCE OF ASSOCIATION STAFF. TEXAS MEDICAL ASSOCIATION 401 WEST 15TH STREET AUSTIN TX 78701 741078510 PROFESSIONAL ASSOCIATION SERVING TEXAS PHYSICIANS TX 501(C)(6) 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 1 0 0 TEXAS MEDICAL ASSOCIATION K 5377 TEXAS MEDICAL ASSOCIATION M 115314 TEXAS MEDICAL ASSOCIATION N 0 TEXAS MEDICAL ASSOCIATION O 206269 TEXAS MEDICAL ASSOCIATION P 387303