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Nonprofit · EIN 76-0385980

MHS PHYSICIANS OF TEXAS

Also known as PHYSICIANS OF TEXAS

Tax-exempt · HOUSTON, TX 77024

Financials

$41.7M$67.8M2022$46.9M$73.5M2023$58.4M$100.5M2024
Revenue Expenses · by fiscal year end
Financials of MHS PHYSICIANS OF TEXAS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$58,439,570$100,544,393-$42,104,823$13,579,286$339,984,566-$326,405,280
June 30, 2024990$46,912,355$73,536,189-$26,623,834$8,926,222$293,226,679-$284,300,457
June 30, 2023990$41,726,887$67,789,437-$26,062,550$8,780,216$266,456,839-$257,676,623
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,380,357
Program service revenue
$56,945,477
Investment income
$113,736
Other revenue
$0

Expenses

Grants and similar amounts paid
$4,563,718
Compensation of officers, directors and key employees
$666,748
Other salaries and wages
$39,901,366
Salaries, compensation and benefits (total)
$45,201,650
Professional fundraising fees
$0
Legal fees
$8,065
Accounting fees
$57,813
Occupancy
$2,346,944
Travel
$43,578
Depreciation
$406,637
Program services (functional)
$100,478,515
Management and general (functional)
$65,878

Balance sheet and other

Total assets, start of year
$8,926,222
Total assets, end of year
$13,579,286
Total liabilities, end of year
$339,984,566
Net assets, end of year
-$326,405,280
Land, buildings and equipment
$6,766,575
Net assets without donor restrictions
-$326,405,280
Gross receipts
$58,439,570
Employees
183
Volunteers
0
Year formed
1996
State of legal domicile
TX

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Alec KingTreasurer
Officer
1$0$2,310,691$361,406
James J McCarthy MDPresident
Officer
1$0$1,948,222$287,630
George Al ShamyPhysician
Highest-paid employee
40$2,177,557$0$31,170
Geoffrey ZubayPhysician - Specialty
Highest-paid employee
40$2,088,607$0$42,873
Sabih T EffendiPhysician - Specialty
Highest-paid employee
40$1,856,403$0$41,268
Wesley H JonesPhysician - Specialty
Highest-paid employee
40$1,444,472$0$36,323
Sebastian HerreraPhysician - Specialty
Highest-paid employee
40$1,053,913$0$33,205
WChristopher SheaSecretary
Officer
1$0$645,196$120,441
Philip Blum MDDirector
Trustee or director
40$634,746$0$32,002
Kanakalingeswara Banda MDDirector
Trustee or director
1$0$408,059$36,911
Doan Thy Do MDDirector
Trustee or director
1$0$388,020$52,336
Laura L Whiteley MDDirector
Trustee or director
1$0$326,391$36,295
Monica Kalra DODirector
Trustee or director
1$0$200,179$24,261
990 for the year ended June 30, 2024: 15 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
James McCarthy MDPresident
Officer
1$0$1,737,337$274,086
Deborah GordonSecretary
Officer
1$0$1,738,372$272,018
George Al ShamyPhysician - Specialty
Highest-paid employee
40$1,975,269$0$31,606
Geoffrey ZubayPhysician - Specialty
Highest-paid employee
40$1,908,930$0$39,466
Alec KingTreasurer
Officer
1$0$1,678,276$265,924
Sabih T EffendiPhysician - Specialty
Highest-paid employee
40$1,713,587$0$38,434
Wesley H JonesPhysician - Specialty
Highest-paid employee
40$1,441,500$0$28,957
Sebastian HerreraPhysician - Specialty
Highest-paid employee
40$1,092,082$0$30,887
Warren SheaAssistant Secretary
Officer
1$0$589,880$124,134
Philip Blum MDDirector
Trustee or director
1$0$633,950$37,147
Doan Thuy Do MDDirector
Trustee or director
1$0$409,732$52,195
Laura L Whiteley MDFormer Director
Former
0$0$353,074$34,571
Susan D Hutchins MDDirector
Trustee or director
1$0$184,751$44,774
Monica Kalra DODirector
Trustee or director
1$0$195,348$23,291
Laura Armstrong MDDirector
Trustee or director
1$0$69,111$10,520
990 for the year ended June 30, 2023: 15 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Deborah GordonSecretary
Officer
1$0$1,617,976$252,924
James McCarthy MDPresident
Officer
1$0$1,586,711$250,785
Geoffrey ZubayPhysician - Specialty
Highest-paid employee
40$1,768,183$0$36,854
George Al ShamyPhysician - Specialty
Highest-paid employee
40$1,620,216$0$27,704
Alec KingTreasurer
Officer
1$0$1,388,329$237,433
Saman JavedanPhysician - Specialty
Highest-paid employee
40$1,002,973$0$36,687
Sebastian HerreraPhysician - Specialty
Highest-paid employee
40$985,253$0$28,948
Joseph MartinezPhysician
Highest-paid employee
40$877,319$0$27,704
Warren SheaAssistant Secretary
Officer
1$0$578,715$113,580
Philip Blum MDDirector
Trustee or director
40$0$636,512$36,024
Doan Thuy Do MDDirector
Trustee or director
40$0$392,091$48,804
Susan D Hutchins MDDirector
Trustee or director
40$0$384,430$43,150
Laura L Whiteley MDDirector
Trustee or director
40$0$291,826$30,963
Laura Armstrong MDFormer Director
Former
0$0$249,018$44,525
Monica Kalra DODirector
Trustee or director
40$0$185,189$33,575

Address and contacts

Address (IRS master file)
929 GESSNER RD STE 1900, HOUSTON, TX 77024-2317
In care of
% SYSTEM TAX DEPARTMENT
Principal officer (990 for 2024)
JAMES J MCCARTHY MD, 929 Gessner Rd STE 1900, HOUSTON, TX 77024
Signed the 990
Alec King, Treasurer
Phone
(713) 338-6672

Mission

MEMORIAL HERMANN HEALTH SYSTEM IS A NONPROFIT, VALUES-DRIVEN, COMMUNITY-OWNED HEALTH SYSTEM DEDICATED TO IMPROVING HEALTH. OUR VISION IS TO CREATE HEALTHIER COMMUNITIES, NOW AND FOR GENERATIONS TO COME. OUR VALUES ARE COMMUNITY, COMPASSION, CREDIBILITY, AND COURAGE.

990 for the year ended June 30, 2025

Program accomplishments

  • MHS PHYSICIANS OF TEXAS IS A NONPROFIT SUBSIDIARY OF MEMORIAL HERMANN HEALTH SYSTEM, WHICH IS A NON-PROFIT, VALUES-DRIVEN, COMMUNITY-OWNED HEALTH SYSTEM DEDICATED TO IMPROVING HEALTH IN THE GREATER HOUSTON AREA. MHS PHYSICIANS OF TEXAS WAS ORGANIZED TO CARRY OUT SEVERAL PURPOSES OF MEMORIAL HERMANN HEALTH SYSTEM, INCLUDING THE CARRYING OUT OF SCIENTIFIC RESEARCH IN MEDICAL SCIENCES AND PUBLIC HEALTH; SUPPORTING MEDICAL EDUCATION THROUGH GRANTS AND SCHOLARSHIPS; IMPROVING AND DEVELOPING CAPABILITIES OF INDIVIDUALS AND INSTITUTIONS STUDYING, TEACHING AND PRACTICING MEDICINE; DELIVERY OF HEALTH CARE TO THE PUBLIC; AND ENGAGING IN THE INSTRUCTION OF THE GENERAL PUBLIC IN THE AREA OF MEDICAL SCIENCE, PUBLIC HEALTH AND HYGIENE. MHS PHYSICIANS OF TEXAS CONSISTS OF HEALTH CARE PROVIDERS, WHICH SPECIALIZE IN AREAS SUCH AS NEUROLOGY, SLEEP MEDICINE, INTERNAL MEDICINE, ANESTHESIOLOGY AND MORE.
    Expenses $100,478,515 · grants $4,563,718 · revenue $56,945,477

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
76-0385980
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Hospital or medical research organization
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1996
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E32Z)
Assets (IRS master file)
$13,579,286
Income (IRS master file)
$58,439,570

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$58,439,570$100,544,393$13,579,286IRS
990June 2024$46,912,355$73,536,189$8,926,222IRS
990-TJune 2024–––IRS
990June 2023$41,726,887$67,789,437$8,780,216XML
990June 2022$48,491,607$65,096,006$10,663,067IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 76-0385980).

Questions about MHS PHYSICIANS OF TEXAS

What is the EIN of MHS PHYSICIANS OF TEXAS?
The employer identification number (EIN) of MHS PHYSICIANS OF TEXAS is 76-0385980.
Is MHS PHYSICIANS OF TEXAS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to MHS PHYSICIANS OF TEXAS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MHS PHYSICIANS OF TEXAS file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MHS PHYSICIANS OF TEXAS due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MHS PHYSICIANS OF TEXAS last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of MHS PHYSICIANS OF TEXAS?
The 990 for the year ended June 30, 2025 names JAMES J MCCARTHY MD.
Who are the officers and directors of MHS PHYSICIANS OF TEXAS?
The 990 for the year ended June 30, 2025 lists 13 people; 6 received compensation from the organization.
How much revenue does MHS PHYSICIANS OF TEXAS have?
On its 990 for the year ended June 30, 2025 it reported revenue of $58,439,570, expenses of $100,544,393 and total assets of $13,579,286 at year end.

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